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

[Dale_K]

I bought my 2000 S last Christmas for $12k and enjoy it but I already have another sports car, a 2005 Corvette that I bought new and kept nice, so I thought about buying a Ford Focus and trading in the Boxster. Initially they offerred $5k then went up to $7k but no more. The car has 106k miles, Tip, factory HIDs, leather. Only average condition but everything works and runs perfectly. No leaks, cold AC. The used car manager said it's hard to sell a high mileage Boxster in central Arkansas. No dealers and only one independent shop that works on them.

On the other hand, the dealership used car manager said the Corvette market is strong and there'd be no problem getting $22k for my car. Actually I haven't been driving the Corvette very much since buying the Boxster. So maybe I'll keep the Porsche since I can't get any money for it. I was expecting to get close to $10k trade in on the Boxster. Maybe I paid too much for it at $12k.

[tonycarreon]

can't speak for the boxster market in arkansas, but $10k for 106k miles '00 S isn't bad as long as you have kept up the maintenance and have records, i'd think that would be fairly well priced.

IMO though, i'd get rid of the corvette. :dance:

[Paul]

You can do better selling it yourself and with that mileage, I would do it soon.

[blue2000s]

Originally Posted by Paul

You can do better selling it yourself and with that mileage, I would do it soon.

+1 Trading or selling a car to a dealer will never get you what you could get selling yourself. They have to make profit and then compete with you in selling the car again so they can never offer you what the car is worth.

$12k for a 2000S is a friking bargain, even with that mileage.

[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 .

[blue2000s]

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 hate to hear about it too. But it's the same story with any non-special edition Porsche from any era. They dip, then hold, then rise if they survive. Riding the wave.

Now mods, those are sunk costs, you can't expect any return on those.

[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.