My 2 cents - it may get better, and it may get worse. But if you pass on this you will not have another S for many more months, and chances are quite low that the market will improve. The S is a phenomenal car but it seems you may be early on trading up.Hi guys
My 2023 Macan S has arrived at the dealer
Problem is my trade-in value is WAY less than what I was expecting (10.5K less than the amount I owe)
I don't think it is a good idea financially to go through even if I will feel bad if I cancel as this would be my first P car
I know I would probably be toasted for any future order if I cancel
Have I known that from the get go I do not think I would have ordered the car but you can never know what the used market will be in a few months time...
I have overestimated the used market value for my car, that's what's creating this loss and I am fully aware of it
Yes I still would get the tax rebate for the trade-in value but it still is a 10.5K net loss
I know some of you will tell me that I have ordered the car and that I should live with it
What would you do ? Have you ever been facing the same problem ?
That said, before you cancel the deal shop your car at CarMax or Carvana, and also use Auto Trader to sell it. Keep in mind, the dealer's trade in value is, at best wholesale, and probably a low wholesale. Good luck friend...