Quote:
Originally Posted by Dr. Ice
The car market is not like the house market. You can buy about any new car you want from a dealer for MSRP or less…..but a used car that’s 1 year old or less will often bring over MSRP. I sold my 3 year old 911 for about $14,000 more than I paid for it. Then bought a 2022 M3 xDrive for $1,000 under MSRP then sold it 2 months later for $7,500 more than I paid for it. I am now in the process of buying a 2022 M850i Gran Coupe for $5,000 under MSRP and it is scheduled to be at the dealer tomorrow for me to pick it up on Friday. Now is the wrong time though to be buying a used car since it’s a sellers market. So yes, you can make money on cars now. Buy at MSRP or less and sell for more. All of my stuff literally sold in 24 hours after listing. BTW….the M850 will be a keeper for my wife!
|
Wow!! that's awesome!!
I know the 911 market is crazy. It seems like most of the used (2015-2021) 911's are selling for more than a brand new 2022.
The allocation line for a new 911 is long, maybe year out or so. And, it's been that way for a while now.