Ouch. Offerred $7,000 trade-in for my 2000 S

[Cloudsurfer]

Originally Posted by Johnny Danger

It frightens me to hear these stories . I have a "show" condition '02 S with only 18k original miles, and nigh on to 40K in mods. I shutter to think what a private sale would fetch for my vehicle, let alone a dealer .

I've thought this through and through as well, which is why I don't ever plan on selling my 03 S that I stuffed the 3.8 into.

[Johnny Danger]

Originally Posted by Cloudsurfer

I've thought this through and through as well, which is why I don't ever plan on selling my 03 S that I stuffed the 3.8 into.

I have no plans to ever sell the Dangermobile either . However, after reading this thread I couldn't help but wonder how the depreciation factor has effected my vehicle as well .

[san rensho]

$7k is low but not out of the range. I just bought a 2000 2.7l with 115k miles from a private party for $7500.00, so his price, considering he will only pay wholesale is reasonable, but not good. Sell it on your own. Theres always someone who will pay near what you are asking.

[Jake D]

Lets start a new game. Everyone take your car to a dealer to see what kind of trade in value theyd give you. Now just make sure you give a false phone number so they can't call you every 5 minutes about coming back in

[Johnny Danger]

Originally Posted by Jake D

Lets start a new game. Everyone take your car to a dealer to see what kind of trade in value theyd give you. Now just make sure you give a false phone number so they can't call you every 5 minutes about coming back in

We should first create a legal defense fund in the event a member ax-murders a used car manager .

JD
p.s. Just in case, I recommend eating a box of Twinkies before you stop in at any dealership .

[Dale_K]

I'm planning on keeping the Boxster - I wasn't totally convinced I was doing the right thing even if I got the price I wanted. The Corvette costs me about $3,000 a year to own, even if I don't drive it much. There's $1,000 a year for insurance and probably $2,000 a year in depreciation. It's such a good car though. I've babied it since new and the GM engineering is good in the sense of being trustworthy and trouble free. Plus it's got so much power that it's thrilling in the way a Tip Boxster can never be.

So right now I guess I'm standing pat. I might trade the Corvette for a Volt or maybe even a Prius, possibly a Fiat 500 convertible but none of those cars are available right now.

I thought I'd picked up the Boxster near the bottom of its depreciation curve but apparently not. Well, the most I can loose is $12k, lol.

[Perfectlap]

How much did the dealer offer you on a trade in for the Corvette? I'm guessing there are more Chevy buyers in Arkansas than Porsche.

No sane person would trade in an enthusiast car. Trade ins are for lazy rich people, busy rich people or not very savvy car buyers. In the old days a private sale used to be a hassle since you had to do things in person or over the phone.
But now with the internet and middlemen who use the internet there really is no excuse. You can sell a car online as is, have it shipped and get the cash all without even leaving the house.

Also, as far as Boxster pricing if you check out the market values in the back of Excellence Magazine you will see that prices have GONE UP since the credit markets froze up in 2009 after the stock market crash. In other words if you bought a Boxster in 2009 you timed it perfectly. People are holding onto their enthusiast cars longer and putting off new toy purchases which is shrinking suppy. When you look closely the number of well maintained Boxsters is not as plentiful as you would think. You might score a Boxster chief only to find out it needs $2K for shocks; $2K clutch, RMS, IMS upgrade; $1K in tires, rotors, pad; and another $100 in random things like AOS, O2 sensors, catalytic converter, etc.

There is no such thing as a cheap Boxster.

[Cloudsurfer]

Originally Posted by Johnny Danger

I have no plans to ever sell the Dangermobile either . However, after reading this thread I couldn't help but wonder how the depreciation factor has effected my vehicle as well .

Haha I like how you have a name for yours too. A friend of mine coined "Monster Boxster," and it kinda stuck LOL

[landrovered]

Face it boys and girls the market for toys has gone down considerably since the global financial crisis.

Bass boats, ski boats, planes, sports cars, campers, 4 wheelers, riding lawnmowers, motorcycles, tractors, RVs, race cars, yachts and sailboats are all in great supply at historically low prices.

The only thing I would not try to buy now is a used hybrid or an electric car.

This can be perceived as good or bad. It all depends on which side of the transaction you are on.

I think that the possibility of picking up a used GT3 and a 35' sailboat for the price of a new 911 is not a bad thing. The key is that you have to USE what you buy and not trade three times to find what you thought you wanted the first time.

This is a market for buyers who keep stuff for the usable life of the item, not for traders or speculators.

This is the time to fill out your collection and build value for later.

[Johnny Danger]

Bass boats, ski boats, planes, sports cars, campers, 4 wheelers, riding lawnmowers, motorcycles, tractors, RVs, race cars, yachts and sailboats are all in great supply at historically low prices.

Phew, I didn't see whiskey and cheap women mentioned anywhere in there .

[Norminhouston]

"cheap women" is an oxymoron.

[Johnny Danger]

Originally Posted by Norminhouston

"cheap women" is an oxymoron.

Don't let Jane hear you say that !