whitex
Well-Known Member
- Joined
- Jul 30, 2021
- Threads
- 58
- Messages
- 4,958
- Reaction score
- 4,135
- Location
- WA, USA
- Vehicles
- 2023 Taycan TCT, 2024 Q8 eTron P+
It's not exactly sunk cost if in fact there is limited supply. If you're selling a used 2022 Taycan sedan, there are more of them than 2022 CTs, there is also a decent supply of 2021 and 2020 Taycans competing, not present for CT. I get there is some sunk cost fallacy happening with people who paid $30K ADM's mid pandemic, but people in 2021 and 2020 did not pay ADM's so any 2022 sedan priced based on original ADM is just going to sit. Used 2023/2024 CT's will bring 2022's down.^ Interesting, thanks, the timing of the CT intro at the peak of the market can explain the reluctance of sellers to adjust prices down to the market-clearing level (a la the sunk cost fallacy).
LOL, try almost 11% in WA state sales tax, then over 1% value every year (as per government depreciation table which is laughable, 95% MSRP value for second year for example - I've bought new cars under 95% MSRP).As for taxes, I never used to pay much attention to MA state sales tax on cars despite having bought, let's see, I think 11 cars in this state since 1991, but now that I've been buying increasingly expensive cars, whoah, that 6.25% sure is a financial incentive not to switch cars frequently!
PS> It's funny how some dealers try to perpetuate the ADM and shortages story. Swung by a dealer possibly interested in an car for my wife. They had one in stock which was close enough to what I wanted (had a couple of extra features, but everything I wanted, but manufacturer also has cashback offer, which the dealer neglected to inform me about btw, in effect which would almost pay for the extra features, so I figured why not, the car is on the lot), but they stuck to ADM story (first $7.5K, then $5K), so I walked away, I never buy cars when I need them, so that I can always walk away. I never paid over MSRP yet, not even on a Taycan. Got a call a week later that they'd consider an MSRP offer. LOL, I politely told them my MSRP offer was only valid when I was there, I now want $5K under MSRP, the guy seemed offended (I don't know why, they tried to squeeze me for $5K ADM, now I want to squeeze them for the same). I wonder if he'll call back (probably won't, even if willing to sell to someone else at $5K discount, but I'm ok with that, will try again in the fall, possibly get an even better deal, if not, next year works too). I respect their right to ask any price they want, so I would not be offended if they asked for a billion dollar ADM, but they should not be offended if I offer them less - it's just a business negotiation, each side trying to maximize deal value.
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