I'm kicking around ordering a new C2S (2011), and trading in my '08 C2S. I was wondering what would happen with my present car, i.e.: would I get to keep it until the new one comes in, or should I expect the dealer to want it right away to "seal deal," or a large cash deposit, etc.! I know I should try to sell it myself, but was wondering if anyone has any experience, or information about a trade-in situation. I'm looking for what I might expect before I walk into the dealer's showroom. (I was O.K. with the way they treated me when I bought the first one.) Thanks for any insights!!

 

Are looking into a PDK C2S??? The dealer wont want your car until the new one comes in. As far as a deposit prob a 1k deposit or something like that usually. You def would be better selling the car on ur own, but worse case scenerio is dealer trade in in which youll prob get porked, but i have to say last time i traded my 996 in I got 500 dollars over KBB MINT COND price no questions asked thats never happened to me. This dealer was wicked cool w that. So that being said you never know until you try. And GL keep us posted

 

Mid Summer of 2008; was going to trade my 06S 16,000 miles for an orderred 09, shopped Indiana and 2 Florida dealers. all were about 37-39k + my car or 92k cash on a msrp $101. BUT - they wanted the car "right Now" and build date was Dec 08, so Jan. 09 delivery.

Bottom line: I screwed around, did not order, the economy of course was going South the next several months, couldn't sell mine for what I wanted, trade value kept dropping, so I still have it.

Biggest surprise is that I have been mostly driving other cars so still only 20k miles on it and in the past 2 months two of the dealers have called and I can get a better deal now on a 2010 than I could 18 months ago on the 09. Also remember that if you sell yours yourself then you get to pay the sales tax on another 40-50K.

 

I went thru that on our Cab, trading a Boxster. The trade-in value was only in "today's dollars". Waiting for an ordered car, meant renegotiate that value at time of actual trade.
Fair enough.

 

You actually have several issues at one time .

If you trade in the car NOW they won't want to take it and cut you a check . If you simply hand the the car as a deposit .. you are really at their mercy with a huge deposit. If you order the car and sell the car on your own you have no car in the time gap plus you lose the tax credit . If you just keep your car and order one from them , the new car arrives and if the deal isn't great they have your deposit and you face walking away from the car you really wanted .

So........

There's the best way and there's also the easiest way. The best is NOT the easiest .

1) the best way . Place your car up for sale NOW .The asking prices are higher than they've been in awhile and if your car is nicely kept and equipped you will find a buyer . Ask top dolllar for your car. You'll have a long time to sell it and you can always drop your price .
AND -- Negotiate the percentage discount and get it in writing on the contract . If possible even negotiate a deadline .

2) The easiest - Order the car , wait till it comes , then table the entire deal . Place as small deposit as possible and request that if a car comes in the interim that it may be applied to that car .

One last thing -
If you order an unusual color or highly optioned car .. they may want a larger deposit fearing that they can't sell it as easily if you back out of the deal. It's for that reason that a custom order car is a harder deal all the way around than buying one right off the lot . You end up getting what you want .. but it will cost you more too.

 

I know a lot of forum members do it (a majority?), but personally I would be worried about having someone damage the engine or transmission in a private sale, i.e in test drives, unless I knew the buyer. I would prefer taking the hit selling the car wholesale through a dealer rather than assuming that risk; however small it might appear to be.

 

Thanks for the info. Actually, you must have been reading my mind. I was thinking about ordering a custom colored C2S. I love my '08 C2S, Macadamia with standard biege interior. But I've always wanted a "candy apple red" machine, and since I love P-Car so much, I thought I'd "bite the bullet" and have Porsche produce one for me. That's the main reason I'm interested in trading up. Mechanically, doesn't matter so much.

 

I agree with you wholeheartedly. As have probably most people in this forum, I've bought and sold (and traded in) a lot of cars. While I'm well aware that I might save some money, I've found that in the long run the advantages of a private sale do not always overcome the disadvantages you pointed out. Also, as I ponted out earlier, the local dealership seems to be O.K., and I wouldn't anticipate a problem "dealing" with them.

 

I also agree . Even though a private sale with a long time gap gives a lot of time to get top dollar , and takes yoir trade out of the deal --it does have its risk. I don't even feel the biggest risk is the trst drives . I view the biggest risk as robbery . Inviting a total stranger into ones private space to make a large financial transaction in a down economy had its element of danger as it can attract professional thugs .

In short ..screening the buyer would have to be part of the process , placing boundaries on test drives or time wasted as well ,

 

I got really "lucky". In March 08' I got broadsided in my 07 Base Carrera with 4k miles. The body shop, Countach in Miami, left my damaged car out in a torrential down pour (no side window) and the interior was ruined as well. That is another stroy though. The point is I no longer wanted the car so I got it fixed the best I could and in 6/08 ordered a new 09' for November delivery. I was offered 59k on trade for my wrecked and flooded car albeit now it was fixed IF I gave it to them on the spot. I did and got the 09' for a 5% discount..unheard of at that point in time so although I could have gotten 20% off had I bought the 09 a year later I also would have been lucky to get 30k for my trade so all being said I think I came out ahead of the game. I just drove a Honda for 5 months while I waited for the new 09'.

 

i traded in my 1999 Carrera with almost 86,000 miles and needing a new instrument panel for 15,000 for a new 09 S and they gave me 5000 off the sticker. I then realized that i wanted a 2010 turbo and tried to build one. The price tag was way way up there as i wanted a ton of leather etc so opted for a showroom 09 turbo with 1.9% financing and no money down. if i had ordered the 2010 turbo they wanted 10,000 down and offered 7500 off sticker price with 7.75% financing. I had to then trade in my almost new 09S. They gave me 75000 for the car but i owed 90,000 on the loan. Porsche then took the 15000 difference added it to the price of my 09 turbo. They then gave me a 10,000 discount on the 09 turbo. Thus i had to pay 5000 over the sticker price for the 09 turbo but Porsche took the 09S off my hands. They did offer a 20,000 discount initially off the turbo but with 6.75% financing which, in the long run, was more expensive. I think i could have gotten more of a discount on the 09 turbo but i live in Hawaii and they are the only show in town and the car i got was their last 09 turbo. I kinda feel like i probably paid too much somewhere in the deal but i love may car. If anyone has any thoughts please let me know as i may buy another car there in a few years and want to get the best deal possible.

 

You seem aware that they have made quite a bit of profit . The combination of buying new cars , trading them soon, financing them, and region specific pricing can really add up . In your case you are down 50K in a very short time (between your two cars) so I hope you really love this Turbo but I am getting the impression that you are looking ahead . If you buy a 2010 or 11 Turbo you will lose another 50K at least. I understand that the new ones have all the gadgets but it does not have some things which yoir current car does --the gt1 platform , it's amazing reliability , and its ability to be modified to levels way beyond the 10 car . The 2010 car has not proven itself yet in terms of reliability . PDK. PTV etc are all great advances but you are driving a legendary long term keeper .