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Dealer trade in values

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driver69

driver69

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Dude. What the F do you expect. Plus your car is as good as how much you sold it for at the end. So if you got a better price than $18K then cool.
Let’s keep it chill here :)
 

Archimedes

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By that same dealer haha. So it lost about half its value compared to new and that is unheard of (in my experience). They still have the audacity to sell new ones for 200+.
Luxury cars lose 50% of their value in the first three years. Yours is slightly quicker because it’s a high option car, it’s an EV and adoption rates are non linear, and the overall car market has declined.
 

Archimedes

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I actually bought out my lease and own the 21 TTS. We’re in a high interest rate environment and fuel prices in the States are low right now. Fuel is about to go up a lot more and this car has basically no maintenance. The cost to own this vehicle over 5 yrs is very low. When the supercharger networks improve with Tesla assistance, these cars will appreciate in my opinion. I do have the 150 kw? Option that increases the speed of charge on 400v superchargers. I did this debate with myself and decided to buy the car out and I’m happy with the decision. Great time to be buying these right now at these low prices. I would be looking at options and making sure it has the 400v supercharger upgrade on the spec so you can take advantage of Tesla superchargers. I have 2021 TTS and has 18k miles currently. It’s a rediculous buyfor 130k if u can get ur hands on one. My spec was 220k new.
I’m sorry, but used Taycans are never going to appreciate. If anything, our cars will start to depreciate even faster as battery technology advances over the next five years.
 

Pivotaltrader

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I’m sorry, but used Taycans are never going to appreciate. If anything, our cars will start to depreciate even faster as battery technology advances over the next five years.

Wrong choice of words there... Lets say the hit over the next 2 yrs is minimal.... IF you can grab one of these cars at these prices.
 


stonecold926

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Dealer trade-ins are a joke and a rip-off.... ...When it comes to trade-ins, dealers are nothing more than thieves preying on impatience and ignorance.
Can't agree more.
I asked about the trade in value for my BMW 640i with Porsche. They offered me $11K with all their BS lowballing reasons. Eventually I sold it myself for over $23k.
 

Archimedes

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Can't agree more.
I asked about the trade in value for my BMW 640i with Porsche. They offered me $11K with all their BS lowballing reasons. Eventually I sold it myself for over $23k.
You’re suprised that a dealer would want to make at least $10k to inventory, finance, and invest in a salesperson to resell your car? Do you think they’re in business to break even selling cars?

Dealers pay wholesale prices to buy cars, not retail prices.
 


Torv

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Dude. What the F do you expect. Plus your car is as good as how much you sold it for at the end. So if you got a better price than $18K then cool.
I expect a reasonable offer! If the knucklehead had offered me around $40K or so, they probably would have sold a car. As it is though, today I owe them a debt of gratitude. A quick gander at the Bring-a-Trailer website shows my car selling for between $100K - $150. The fact is, I love that car more than ever and I'm soooo glad I didn't sell it.
 

noev

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Dealer trade-ins are a joke and a rip-off. Several years ago I was considering trading in my pristine 1997 911 Carrera S (993) for a new 991 variant. My local dealer offered me $18K for my 993! I was floored and I sputtered, “Are you out of your fucking mind?” as I fled the store, never to return. When it comes to trade-ins, dealers are nothing more than thieves preying on impatience and ignorance.
I paid $125K for a ‘97 993 C2S 2 years ago :)
 

Jonathan S.

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Well driving it is basically free if we get depreciation out of the equation :D
So apart from the ... amortized eventual loss in resale value (especially at wholesale trade-in prices) ... annually recurring insurance ... annually recurring tax/registration fees ... frequent replacements of expensive tires ... what does it cost to drive?

 

Jonathan S.

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You’re suprised that a dealer would want to make at least $10k to inventory, finance, and invest in a salesperson to resell your car? Do you think they’re in business to break even selling cars?

Dealers pay wholesale prices to buy cars, not retail prices.
Wait, what, a Porsche dealer is some sort of for-profit entity that is not under an obligation to accept a trade-in at some specific price but rather will offer whatever it is worth to the dealer to try to resell the vehicle?
And here I always thought each Porsche dealer was an autonomous collective / anarcho-syndicalist commune:

 

007

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I appreciate my Taycan very much. Very high appreciation ?
But this is Europe, might be no appreciation stateside. Not sure. Maybe someone can confirm.
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