nberry:
Whoopsy:

For most car dealers, used car mark up are between 15%-30%

Do the math and you will know what price they paid for the car from the original owner.

And if you look at the cars from the owner's selling side, not the dealer's asking price side, the depreciation is jaw dropping.

Most cars can expect a 15-30% depreciation the first year. Porsche GT and Ferrari mid engine are the exception.Smiley

I am finding it interesting how many people have forgotten "normal" pre 2010 depreciation rates, there seem to be a lot of car guys who have been getting used to getting allocations of non depreciating or appreciating cars, I thought Whoopsy has been a car guy for a bit longer and can remember past his recent VIP allocations but the "jaw dropping" comment indicates otherwise. I'm interested would he still have bought his myriad of special cars if there had been the normal 15-30% annual hit ? Smiley


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997 GT2 2014 3.9 Mezger, 800PS @ 1.2 bar

2018 McLaren 720S 

993 Turbo, 2006 built 3.8, 577PS/797NM, 1440kg DIN sold to a worthy enthusiast.