6% off MSRP? - 986 Forum - The Community for Porsche Boxster & Cayman Owners

longislander1 · 03-18-2005, 02:44 PM

I haven't talked to the Porsche dealer about trading the 968 yet, but GM has an appraisal section that gives you an approximate trade-in value of $8-$12K, so that's the most I could probably expect on a trade for a Corvette. $8K for that car is criminal, but $19K is probably too high. Private sale should be around $15-$17K, I hope, although I hate entertaining the tire-kickers. If anyone here would like a pretty nice 968 in that range, send me a PM. It's Guards Red with tan partial leather and black top, 56K miles. I'm the original owner. It outperforms the early Boxsters and still turns heads.

Perfectlap · 03-18-2005, 03:00 PM

well admittedly I haven't sold any German cars on ebay. Its been only Japanese car with solid reputations for reliability. Mazda, Toyota, Honda. All were sold above the highest possible price quoted by Kelly Blue Book. Some two and three times the highest quoted KBB price. One was as old as ten years with more than 100k on the speedo. I agree the buyer was nuts to agree sight unseen. But this car was immaculate and was repainted by a high end Body shop with paint that was better than factory. It sparkled in the sun like the day it left the Honda plant.
The buyer took a risk in buyin online But I think people put allot of stock in these feedback ratings if they are perfect and well north of 100. Feeback heavily influences the final price of a car sold on Ebay Motors.

Longislander take your car to a Porshe Club Concours event. Slap a for sale sign on it and let's see how you do. If you can wait until the warm weather returns.
I always try to sell my cars to other enthusiasts. They know well maintained sports cars don't just grow on trees. I saw eBay bids on a 1992 with 80K at over $10,000.

Brucelee · 03-18-2005, 03:25 PM

Well again I don't know that he highest possible price from KBB means. If you mean retail, then I assert this would only apply to older specialty models that are bringing larger dollars.

If you are telling me that routine late model Hondas are bringing high book, I guess I would have to say you are dead wrong.

Moreover, I will reiterate, anyone who buys a car on EBAY without seeing it first is insane or just foolish with their money. I recently bought a part from a guy on EBAY with GREAT feedback. The part was junk, he left EBAY the week after and I was out 60 bucks. Now, if that was a $18K Porsche .......................

And EBAY will NOT help you if you are taken by a seller.
That is simply a lie.

Caveat Emptor!

graybeard · 03-18-2005, 04:15 PM

Brucelee, have you had good experiences with Ebay in the past? Is this a case of a few bad apples? I want the buyer of my car to have a good feeling about their new Boxster. It is my intent to point out the shortcomes as well as the strong points of this car. I am 100% on the up and up and might be upset if it was not for the fact that we have all heard these horrors before, the "infomation age" has sure created a whole new pond of scum.

Brucelee · 03-18-2005, 04:32 PM

My experience as a buyer and seller on EBAY for Autos is limited. I bought one car through EBAY but it was a local car and i was able to check it out personally before I bid.

I have sold two cars through EBAY but not at auction. Two local buyers saw my cars on EBAY and bought them directly from me after the auction closed. In both cases, they were able to check the car out directly and in one case, the person has the car inspected by the local Porsche dealer before buying. This was a $44K 911 and I think this buyer was very very prudent in his purchase.

The fact is that most EBAY sellers are honest I would bet. However, the cost of most cars would dictate a very prudent approach and buying a car sight unseen seems fool hard at best. NO amount of pictures or descriptions can do the can justice.

Since I inspect cars for a living, I hope you believe me when I say that this is NOT an easy process and many cars can make fools of even pros like me.

Imagine how tough it would be to do this over the INET>

Obviously, buying a new car over the Net is a totally different issue and I think that is a very wise way to go.

In summary, I would consider EBAY to be a national ad but I would not expect to actually sell a car through the auction process. Percentage wise, this just does not happen that often.

Quote:

Originally Posted by graybeard

Brucelee, have you had good experiences with Ebay in the past? Is this a case of a few bad apples? I want the buyer of my car to have a good feeling about their new Boxster. It is my intent to point out the shortcomes as well as the strong points of this car. I am 100% on the up and up and might be upset if it was not for the fact that we have all heard these horrors before, the "infomation age" has sure created a whole new pond of scum.

graybeard · 03-18-2005, 05:53 PM

Brucelee

I do hear what you are saying. I plan on listing it in the local papers where the buyer can see and feel it. I would love to see the smile on their face as they as they leave in a great car at a good price. The trade in on the car plus the tax break is not realy that bad, as a last resort just would prefer seeing someone getting a good deal without passing it through additional hands, no offense. I've sold my last two vehicles via private party and both times I've put a little extra in my pocket and felt very comfortble knowing they did well also. You sell car and I'm certain you understand.

I do enjoy this site immensely!

Brucelee · 03-18-2005, 07:15 PM

Thanks for the compliment on our site, it is appreciated!

Let me clear, I tell ALL my buyers that they will ALWAYS do better financially if they sell their car vs a trade. However, what they often tell me is:

They do not want the hassle of the sales process, or:

They want my car now and they cannot or will not handle two cars at once.

So, as I was trying to say, horses for courses.

Really, from my personal perspective, I would rather avoid trades but do it as it is a necessity of the business.

Quote:

Originally Posted by graybeard

Brucelee

I do hear what you are saying. I plan on listing it in the local papers where the buyer can see and feel it. I would love to see the smile on their face as they as they leave in a great car at a good price. The trade in on the car plus the tax break is not realy that bad, as a last resort just would prefer seeing someone getting a good deal without passing it through additional hands, no offense. I've sold my last two vehicles via private party and both times I've put a little extra in my pocket and felt very comfortble knowing they did well also. You sell car and I'm certain you understand.

I do enjoy this site immensely!

Perfectlap · 03-18-2005, 07:27 PM

My boxster was purchased on Ebay! The auction ended on A monday I checked it out Saturday morning in person before the auction ended. Here in NJ cars have six month power train warranties, otherwise I wouldn't have gone through Ebay. The auction ended without a reserve being met. I negotiated a price, we relisted and I did the instant purchase. I got a limited period no interest from the bank for purcahsing the car through ebay. The dealership held onto my car in the show room for a couple weeks while I sold my old car (also on Ebay). I had over a dozen emails the first day and an add posted on Miata.net resulted in a phone call within ONE MINUTE of my sending the add. The old car was sold within a week and the new owner even gave me a ride to pick up the Boxster!
A flawless experience.

Although I would never buy sight unseen, ALLOT of people don't agree. The rate at which cars are sold on ebay is surpassing any other form of non-traditional sales. We may think its not prudent but somebody out there is making allot of money.

by the way I referring to the highest KBB private owner price (a car in EXCELLENT condition).

ranbar2 · 03-21-2005, 08:35 AM

BTW, on the issue of trade in value, I went to the local dealer to look at a new 987S on Saturday. Just for giggles, I asked what they would give me for a trade in on my 2000S with 35K miles. Now, I did have to get the hood replaced after a pickup truck backed into me and the tow ball put a fist sized dent in it. The body shop apparantly repainted parts of the doors and front fenders to get a smooth color match. Since then I have had the car checked out by an independant shop specializing in porsches (Dave White in Tampa, for any of you in the area) and they said the car was in perfect condition. Now KBB has a 2000S in "Good" condition, which, given the hood replacement, I would categorize mine as (otherwise it would be "Excellent") at $22,300. Even "Fair" came in at $20,200. Citing the repaint, which the tech couldn't even see without his special light, the dealer offered me $18,900. I laughed out loud and told the salesman that that was in insult. Not that I was going to trade anyway, but that was REALLY lowball.

They WERE willing to take nearly 4k off the sticker, though (the KBB difference?). But no free floor mats ($115). And CC was $550.

longislander1 · 03-18-2005, 04:11 PM

That's a great idea. We have one coming up here in June if I don't sell it before then. Thanks!

QUOTE=Perfectlap]Longislander take your car to a Porshe Club Concours event. Slap a for sale sign on it and let's see how you do. If you can wait until the warm weather returns.I always try to sell my cars to other enthusiasts. They know well maintained sports cars don't just grow on trees. I saw eBay bids on a 1992 with 80K at over $10,000.[/QUOTE]