Only got offered $115k on my car in trade. Not realistic and not believable that I could lose $25k on a $34k repair that didn't involve any body work other than replacing the frunk. The car obviously runs like a bat out of hell based on it's performance on the track and it looks fantastic. Guess I will either finance or pay cash for the 458 Spider I want. Plan on getting it in the next 6 months or so. Obviously the price has to be right since I clearly will be keeping the 991tts and having to pay sales tax on the full purchase price. The car was fixed like new with all OEM parts, I don't understand this little game they play but it's the second car I have been screwed on like this. I am sure I could get $140k easy on the private market.

 

Wait, did you crash it on the track??

 

Yep any body work whatsoever and they screw you royally on a trade.

It's because when someone goes to buy that car they're going to see the accident and many people will immediately no longer be interested. Other people are going to want a significant discount.

It's amazing how much even the smallest accident takes off the value of your car.

 

If it's a 34K repair, it's a "major accident" in anyone's book.

 

No, ran over junk on the road, unavoidable.

Here is how it looked, no body damage whatsoever. No airbag deployment.

 

Here was the underside. It was all mechanical stuff. Major in terms of parts but everything was replaced with identical stuff, including the FVD headers. So to me, nothing is different about the car, it actually is improved by having newer parts than what it came with. The bottom right is a leaky turbo that had to be replaced. In all, 189 parts had to be ordered because they fix everything as though it were pristine. So explain to me how there is any loss in value in the car.

 

Was the repair work done by the same dealer who provided the low ball trade? Try another dealer for a trade quote - Park Place in Dallas, Porsche of North Houston, etc..

 

WRS thats a beating. I am sure you can sell private party with full disclosure and get well above that 115 with a clean PPI showing the repairs were done correctly. They are trying to steal the car.

Im sure they are looking at the recent 34k repair and the repairs prior to you acquiring the car which were superficial.

 

Yeah, problem is I am interested in a 458 Spider and so it was Ferrari who will just auction it. I don't think he was trying to steal the car, he knows I won't give it to him for that. Park Place will do better but I am not looking for another Porsche. Anyway, it's moot, I like the car and want to keep it anyway, I just don't like the way the system works when there is nothing wrong with the car. It's probably better than it was before the accident given it's mileage. I need to get it a new set of tires, the track put welts on the rears.

 

Yeah, I have all the paperwork that shows the parts and all the labor done. It was done by Roger Beasley Collision which is the best place for these kinds of jobs. They are a top notch shop and while it took two months, it was done right, they even replaced the bra on the front. If I do sell it will be to a more sophisticated buyer that can understand the history. The interesting thing about the stuff that happened to it before I bought it is that the Carfax only knocked off $985 for that. The reason the car didn't sell is still a mystery to Kevan but I was glad to get it and obviously I am enjoying the heck out of it.

 

here are some recent auction results.

 

I recall when you purchased the car that you got a great deal at the time. Don't recall if that was due to (prior) repairs but assume so.

Carfax is an issue. That's why I typically lease the first 3 years to absorb the depreciation and then I have the choice to buy it or not. It's worth the premium to me.

I would not buy a bad carfax car even if you can show proof the repairs are minor. This is the exact reason why. Once dealers/buyers see a "bad" carfax they pass as there are "clean" cars to choose from.

Good luck!

 

Yeah I did get a good deal but not because of the repairs, Carfax only dinged the car by $985 for those, I read the Carfax at the time. It was just a car that people kept passing on and I think it was because of the exhaust, it's very loud. I wasn't bothered by the repairs at all, they replaced the front and rear bumpers completely. Clearly based on these auction numbers, my car is worth a lot more than $115k even on trade with any Carfax knock off. I was expecting around $130-135k on the trade offer. The benefit of the trade in is on the tax but one way around that is a Montana registration which apparently isn't hard to do.

 

Ferrari dealers rape and pillage, simple as that

Try a private listing or Porker dealer... some P car dealers also sell 458s etc