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RevDice, you need to make sure you negotiate the 2 transactions separately. One, being the purchase of the new Porsche, and two, being the trade-in of the Corvette.
You might be better off just purchasing the Porsche, and selling the Corvette on your own through different channels. More work for you, but you'll get a better price. The good thing about trading it in, is the reduced sales taxes.
If the new Porsche is $62K and is a 2005, they really-really want to sell that thing, and get it off their inventory. They should be very-very motivated. A good price for you to buy it would be no more than $54K. They need to discount the car 13-14%.
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