991
Sponsored by:
Sponsored by:

Kbb vs trade in value

Thread Tools
 
Rate Thread
 
Old Jan 21, 2014 | 07:46 PM
  #1  
akbjr's Avatar
Thread Starter
|
Registered User
Joined: Jun 2010
Posts: 274
From: chicago
Rep Power: 27
akbjr is infamous around these partsakbjr is infamous around these parts
Kbb vs trade in value

Anyone who has recently traded in a car that can comment on what they got in relation to the Blue book value for trade in? Was it similar or way off when you got to the dealer?


Thanks.
 
Old Jan 21, 2014 | 08:13 PM
  #2  
FrstPorsche's Avatar
Registered User
Joined: Jul 2013
Posts: 310
From: Nebraska
Rep Power: 25
FrstPorsche is infamous around these parts
Well my last three Mercedes I've gotten pretty close, or have gotten the good condition trade value but with some negotiations. They always seem to offer poor of fair condition $$ so you need to push them. Ive never been able to get excellent condition value and Im sure you won't with Porsche either unless its a GT car you are trading in. Hope that helps.
 
Old Jan 21, 2014 | 08:51 PM
  #3  
akbjr's Avatar
Thread Starter
|
Registered User
Joined: Jun 2010
Posts: 274
From: chicago
Rep Power: 27
akbjr is infamous around these partsakbjr is infamous around these parts
Thanks for the info. At least they are within the range that kbb reports which is helpful. I was wondering if they even go lower than that. Thanks.


Originally Posted by FrstPorsche
Well my last three Mercedes I've gotten pretty close, or have gotten the good condition trade value but with some negotiations. They always seem to offer poor of fair condition $$ so you need to push them. Ive never been able to get excellent condition value and Im sure you won't with Porsche either unless its a GT car you are trading in. Hope that helps.
 
Old Jan 21, 2014 | 09:31 PM
  #4  
frank69m's Avatar
Registered User
Joined: Oct 2011
Posts: 859
From: Southern California
Rep Power: 50
frank69m has a spectacular aura aboutfrank69m has a spectacular aura about
You'll get KBB excellent if you can find someone to ship it to China :-)
 
Old Jan 22, 2014 | 06:56 AM
  #5  
jrubman's Avatar
Registered User
Joined: Dec 2013
Posts: 28
From: NY
Rep Power: 14
jrubman is infamous around these parts
I traded in an M3 to my Porsche dealer recently. I got pretty close to the "Good" trade in value that KBB quoted
 
Old Jan 22, 2014 | 12:00 PM
  #6  
stirthepot's Avatar
Registered User
Joined: Mar 2011
Posts: 60
From: NJ
Rep Power: 19
stirthepot has a spectacular aura aboutstirthepot has a spectacular aura about
if your car is in very good condition and you take the "Fair" value from KBB you will have a good price point. Dealers use Galves, not KBB. But KBB Fair is fairly close to KBB Fair. Ask to see Galves, most will show you the book so you can see for yourself.

IMO, if you get much better than KBB Fair you are paying more for the new car. Most dealers will make people happy on the trade and then not discount the new car as much or nail you on the interest rate on purchase or lease. They have to make their money some where.
 
Old Jan 22, 2014 | 04:49 PM
  #7  
ahughes3214's Avatar
Registered User
Joined: Jun 2012
Posts: 10
From: New York
Rep Power: 0
ahughes3214 is infamous around these parts
On January 8th, I traded my 2012 Carrera GTS coupe near the high side of the "Very Good Condition" on KBB. The dealer also gave me a 3% discount on a MY2015 991. They would not go any higher on the trade and would not budge on the discount. A different Porsche dealer offered a 6% discount off on a MY2015 991, but the trade value was lower and the deal not as good overall. Regarding the trade value, the car was in very good condition and I believe it met the criteria for that category.
 
Old Jan 22, 2014 | 05:02 PM
  #8  
kitw's Avatar
Registered User
Joined: Sep 2008
Posts: 532
From: CA
Rep Power: 50
kitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud ofkitw has much to be proud of
Trade in for KBB was $85k for my 2013 C2S w/ 7k miles, I got $92k, and 22% off my new 2013 C4S cab.
 
Old Jan 22, 2014 | 06:43 PM
  #9  
stirthepot's Avatar
Registered User
Joined: Mar 2011
Posts: 60
From: NJ
Rep Power: 19
stirthepot has a spectacular aura aboutstirthepot has a spectacular aura about
Originally Posted by kitw
Trade in for KBB was $85k for my 2013 C2S w/ 7k miles, I got $92k, and 22% off my new 2013 C4S cab.
22% off, thats a huge discount. i think most people on this board will be happy to see you buy their cars for them if you can get that big of a discount.
 
Old Jan 22, 2014 | 06:54 PM
  #10  
frank69m's Avatar
Registered User
Joined: Oct 2011
Posts: 859
From: Southern California
Rep Power: 50
frank69m has a spectacular aura aboutfrank69m has a spectacular aura about
Originally Posted by ahughes3214
On January 8th, I traded my 2012 Carrera GTS coupe near the high side of the "Very Good Condition" on KBB. The dealer also gave me a 3% discount on a MY2015 991. They would not go any higher on the trade and would not budge on the discount. A different Porsche dealer offered a 6% discount off on a MY2015 991, but the trade value was lower and the deal not as good overall. Regarding the trade value, the car was in very good condition and I believe it met the criteria for that category.

this is no my2015 991 yet
 
Old Jan 22, 2014 | 07:30 PM
  #11  
stevefrommn's Avatar
Registered User
Joined: May 2007
Posts: 289
From: Minnesota
Rep Power: 32
stevefrommn has a spectacular aura aboutstevefrommn has a spectacular aura aboutstevefrommn has a spectacular aura about
When I told the dealer that blue book said it was worth more on a trade in he said that's fine sell it to them.
I did get a pretty good deal on the new car.
 
Old Jan 22, 2014 | 07:32 PM
  #12  
ahughes3214's Avatar
Registered User
Joined: Jun 2012
Posts: 10
From: New York
Rep Power: 0
ahughes3214 is infamous around these parts
frank69m,
I bought the first C4S allocation for MY2015 the dealer gets. The time frame is unknown, but I expect being able to order sometime in May or maybe June. Maybe sooner, who knows.
Drew
 
Old Jan 22, 2014 | 07:45 PM
  #13  
MayorAdamWest's Avatar
Registered User
Joined: Nov 2012
Posts: 141
Rep Power: 29
MayorAdamWest has much to be proud ofMayorAdamWest has much to be proud ofMayorAdamWest has much to be proud ofMayorAdamWest has much to be proud ofMayorAdamWest has much to be proud ofMayorAdamWest has much to be proud ofMayorAdamWest has much to be proud ofMayorAdamWest has much to be proud of
I don't think kbb quite has pricing right for the 2012 991S. They list mine (though they don't have all the options like PDCC or Burmester) at 76k, which is just silly. The car was 131k MSRP.
 
Old Jan 22, 2014 | 10:51 PM
  #14  
Zmoney's Avatar
Registered User
Joined: May 2012
Posts: 226
From: Cleveland, OH
Rep Power: 23
Zmoney is infamous around these parts
Just sold my 2012 991S back to the dealer in December. 18,000 miles. KBB "excellent" condition was 75k, dealer gave me 73k. I still miss her. But my 2014 C4S will be here in April...
 
Old Jan 22, 2014 | 11:10 PM
  #15  
yrralis1's Avatar
Registered User
15 Year Member
Joined: Jan 2008
Posts: 9,108
From: South Florida
Rep Power: 529
yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !yrralis1 Is a GOD !
I usually feel that kbb in "fair" condition on an excellent car is the potential owner insult but it is the norm as a starting point of trade in negotiation . A bit of chatter can bring it closer to the "good" status and if there is a regional trade in tax credit it can sweeten the deal . Keep in mind that trading in a car involves a separate dealership entity (used car manager) from sales . Ultimately the dealership wants to sell the car so they internally wrestle with trying to find a way to profit on both ends and still move the unit . also keep in mind that a local customer who serviced the car at the same dealership gives them insight into that specific car as well as owner .

In short dealerships want to retain a classy shopper who takes care of his (or her) cars and might offer favorable pricing leading to a "good deal" . Kbb is a helpful guide though .
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 04:18 AM.