dealer trade-in for a Testarossa

around 55k

 

If your considering that, then consider owner financing me!

 

Figure they will offer 10-15k less than the actual price they can sell it for. 55,000$ sounds about right.

Do let us know what they offer, I would be curious...

 

The title of your post seems to ask "what would a dealer pay on trade-in?", yet the actual post is more like "what would a dealer accept as a selling price?" -- what's the question?

FoDenver has a very similar '91 at a price that I still can't wrap my head around (but in light of $70K Ford Pick-ups maybe it's where it should be):

http://www.ferrariofdenver.com/inventory_detail.cfm?id=616

 

Only if they jack the car you're buying up by $10k or so...

 

Yes, I have to admit it's up some -- I'd say that a year or two ago that same TR would've been a $79K ask at FoDenver, and I've moved my own disaster scenario "minimum part it out price" in my mind from $30K to $35K

 

Well... it does have a Tubi, and it is one of the nicest TR they have seen in a while!!

 

Why would you want to trade it in? I guess it comes down to how much your time is worth.

For me, the extra 10-15k I would get by selling it myself is well worth my time.

 

Try and sell it yourself unless you want to trade it, when selling a car to a dealer they always will pick it to pieces and say why a certain model is difficult to sell then a low ball offer, honestly I think they would offer $45-$48k cash for the car if mint.

 

johng, consider selling the car on consignment if u don't have the time and do not want to bother with advertising, fielding calls, meeting tire kickers, etc. I used a reputable dealer who charged a fair price. They advertised it, detailed it, dealt with the public and sent me a nice check - no, in fact they wired me the money! The only down side is, u might have to send the car to a more salable location and pay for some maintenance u might not think is necessary, but the dealer does in order to sell the car.

 

That's a good idea. I think this may end up costing you a few thousand instead of the 10-15k hit.

Anyone know how much consignment usually costs?

 

Consignment or eBay... but I wouldn't trade it in.

If the timing isn't critical -- e.g., you don't need the cash tomorrow -- consignment would certainly net you more.

Also, an eBay listing isn't a bad idea. If you're willing to settle for wholesale anyway, just set the reserve and buy-it-now lower than retail. I'm sure you'd have a LOT of interest below $65K. Most bids are from out of state anyway. A PPI at a local F shop should be available and satisfy any questions.

 

I would go this route. Consignment typically gets 5-7% (about $4-5k inyour case). Plus it gets the car out of your way to make room for the replacement!

BT

 

I would not go the Ebay route to sell the car if you have an aversion to tirekickers (who doesn't), you will get is some exposure, and possibly a lead or two. In return be prepared to face a barrage of webdreamers emails asking you about the obvious and the occasional 13 year old (or plain moron) that clicks the Buy It Now.... Ebay can be a PITA, you never know if you are dealing with a real buyer or a tire kicker.

 

I was told from a fellow F-chatter that the consigment is highly negotiable.
For his 360, they wanted $5K.

Since we are on the subject on consigment, what happens when the a potential buyer goes out for a test drive, drops the clutch, and snaps the differentials in a TR. Who is responsible?

 

I would guess - but it probably varies by dealer - that you could specify that there will be no test drives unless you're present. In fact, I would insist on that, and in any event I can't see how the dealer who took your car in on consignment would want to assume the risk of joyriders cracking a trossa gearbox.

Let us know what you find out. This is a very helpful thread.

 

Not much to prevent that from happenning even if you were selling the car yourself! What a nightmare that would be.

 

This is an overblown concern, IMO. A good dealer is going to check ur car out to make sure it won't implode under normal driving conditons. They will drive it around so they can provide a detailed analysis to u and a prospect. If they find weakness in the car that might cause a failure, they will recommend a repair. Lastly, they will make sure the prospect is serious and responsible enough to warrant an accompanied test drive. Don't worry about this stuff - start shopping for a consignment dealer and a replacement vehicle!

 

Figure on mid fourties range, but also keep in mind the tax savings on your next purchase. ie: trade your car for 45k buy new car for 60k , you pay tax on 15k . When you look at it in this light it may ease some of the shock of the "trade in " value, hence, depending on your tax rate it could be like getting 45k + another $3,500. Given that, the price wont seem so low and you wont have to deal with the headaches of selling to the general public- that alone should be worth a couple of grand.