Here is an example.
There is a Boxster going through the block at the auction. Say that I am prepared to bid up to $20 Large for it.
The announcment comes up "frame" damage.
I would walk away as I don't do damaged cars of any kind.
However, there are dealers who will sell anything. Likely that car dropped 4-5 large and will sell for $15-20K.
Now, the differential will higher in a more expensive car, ie say a 911 Turbo.
Does that help?
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Originally Posted by RandallNeighbour
OK, this is dealer-speak. $5,000 less than wholesale and no dollars added for options? Is this what you mean?
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