For those of you who traded-in your existing Porsche.....
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Thread: For those of you who traded-in your existing Porsche.....

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    For those of you who traded-in your existing Porsche.....

    With the unexpected surprise of getting a GT4 allocation yesterday I now am faced with what to do with my '14 Cayman S. For those of you who traded-in your existing Porsche when purchasing a new GT4 did you get decent value from the dealer? Should I expect trade-in value as quoted by Kelly Blue Book or NADA? My '14 CS is in exceptional condition (always garaged, covered and never seen a drop of rain) and only has 6,800 miles.
    2014 Cayman S, Guards Red, 6spd, Black Partial Leather, Sport Chrono, PASM, Carrera S Wheels in Platinum Satin, Seat Belts in Guards Red, Instrument Dials and Sport Chrono Clock in White, Sport Design Steering Wheel, BOSE Surround Sound, Deletion of Model Designation

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    Re: For those of you who traded-in your existing Porsche.....

    I got a better deal from CarMax then what the Porsche dealership offered, even with the tax advantage from the trade-in at the dealership. CarMax offers are good for several days, so it doesn't hurt to see what they will offer before talking to the dealership.
    Current cars: 2016 GT4 / 2014 Cayman S / 2015 Corvette Z51 / 2007 Subaru Forester turbo

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    Re: For those of you who traded-in your existing Porsche.....

    I traded my 2015 BGTS for a Spyder order. The dealer gave me an excellent deal. You will probably find that this answer will vary significantly from dealer to dealer. I think your best bet is to talk to them about it. Keep in mind that your salesperson also wants you to order the new car.
    981 Spyder

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    Re: For those of you who traded-in your existing Porsche.....

    Quote Originally Posted by caymanwannabe View Post
    did you get decent value from the dealer?
    Not to be too sarcastic but in my life time I have never received a decent trade in offer from any dealer with any type of vehicle no matter how much they have tried to convince me that they are my friend. I will add if you actually do get what you consider a decent trade in offer I can all but guarantee you that you are taking it in the shorts some where else that you don't realize.
    Last edited by MidLifeCrisis; 11-05-2015 at 09:33 AM.
    2014 Base Cayman, M/T, Rodium Silver, Agate Grey/Amber Orange interior, Sport Wheel, Power Folding Mirrors, Bose Infotainment...

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    Re: For those of you who traded-in your existing Porsche.....

    I literally got 40% more from an independent who sells only high end cars than from the local Porsche dealer!!! The dealer's offer was vastly below wholesale numbers found on KBB. The independent actually paid me a bit more than KBB wholesale. What skews the data here is the fact that the independent did the deal on consignment, so he had nothing to lose nor any need to invest in my car. That said, every dealer is different but dealers are notorious for offering remarkably bad deals. For anyone in Portland OR, however, the dealer that offered the terrible deal was Sunset out in Beaverton and the independent getting me top dollar (on a 2011 base Cayman then 3 years old) was Grand Prix Motors on Powell Blvd in the city. The guy at Grand Prix was great. Ask for Paul.

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    Re: For those of you who traded-in your existing Porsche.....

    With all due respect, why do you think your car will retain more value because it's never seen a drop of rain? I assume you've washed the car a few times, so it got wet. Seriously, assume two used identical Porsche's, would you pay say $1,000 more for one if it was never rained on? Why?

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    Re: For those of you who traded-in your existing Porsche.....

    I would never sell or trade a car to a dealer. Selling privately is a pretty simple matter, and you will pocket many thousands of dollars for a few hours of your time. If it's priced right, you could sell it here or on Rennlist within a couple of weeks.
    2012 Cayman S, PDK, Platinum Silver/Black
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    Re: For those of you who traded-in your existing Porsche.....

    In two instances, my dealer price was higher that Carmax. Get pricing from black book, just to know where you are at.
    Selling privately is way to go. Try cars.com

    Sent from Tapatalk while typing backwards in Xperia Z5 Compact
    RY CGTS

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    Re: For those of you who traded-in your existing Porsche.....

    That always makes me laugh also. What happens when you're out driving and it begins to rain, do you find a covered garage and taxi home, waiting for the streets to dry before recovering it?



    Quote Originally Posted by Rickyb View Post
    With all due respect, why do you think your car will retain more value because it's never seen a drop of rain? I assume you've washed the car a few times, so it got wet. Seriously, assume two used identical Porsche's, would you pay say $1,000 more for one if it was never rained on? Why?

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    Re: For those of you who traded-in your existing Porsche.....

    Quote Originally Posted by MidLifeCrisis View Post
    Not to be too sarcastic but in my life time I have never received a decent trade in offer from any dealer with any type of vehicle no matter how much they have tried to convince me that they are my friend. I will add if you actually do get what you consider a decent trade in offer I can't all but guarantee you that you are taking it in the shorts some where else that you don't realize.
    Absolutely true, if you separate the two transactions: agree on the price of the new car and then and only then, negotiate the trade-in price. In every case CarMax offered me at least 15% more for my trade-in than the dealer from whom I purchased the car. In the past it was no big deal, I just sold the car to CarMax. I live in MD and a few years ago they increased the sales tax, but allowed an tax exemption for the trade-in. So now I have to insist that they give me the CarMax price or I'll walk.

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    Re: For those of you who traded-in your existing Porsche.....

    Once I figured in the tax savings, I got a little more than I thought I could sell it for privately. Of course I traded a gt3 which is a very strong market right now.
    Really varies on your local market and how active your dealer is in selling used/cpo cars.

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    Re: For those of you who traded-in your existing Porsche.....

    My dealer gave me within about $1,000 of what NADA identified for my car. I did not have to hassle with finding a private buyer and still got the 5% off of my ordered car. The ease of the transaction and good will I have and maintained with my specific dealer makes it worthwhile to me. My POV, so my rules of value. Dealer is Porsche of Melbourne Florida and my great SA Dylan Kotoulis.

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