2024 Macan Electric Turbo up for auction on BAT

[JohnnyRoaster]

It will be interesting to see how this plays out.

https://bringatrailer.com/listing/2024-porsche-macan-turbo/

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[krissrock]

weird...couldn't have had the car for more than what...2-3 months?
i can't imagine he's gonna get more at auction than back at the dealership where he bought it... i wonder if this person just needs the cash or something...

 

[JohnnyRoaster]

At 86 miles he probably only charged it once. I also wonder what the back story is.

 

[PanameraFrank]

It even has a loan on it. How bizarre. Probably has a high reserve, doubt it sells.

 

[PanameraFrank]

Didn't meet reserve. 88.5k, MSRP was 121.4. If you're wondering how these cars will depreciate, there's your answer. Poorly.

 

[krissrock]

i wouldn't put much stake in this as an indicator or anything. it's awfully fishy

 

[PanameraFrank]

i wouldn't put much stake in this as an indicator or anything. it's awfully fishy

Fishy how? BaT is a completely legit site.

You wouldn't put the first auction for a new car model as an indicator of it's value? If market value doesn't indicate value, what does?

You take the auction ending price, add 5%, and you have private party value (assuming you find anyone willing to buy an EV private party, which is tricky.)

 

[krissrock]

Fishy how? BaT is a completely legit site.

You wouldn't put the first auction for a new car model as an indicator of it's value? If market value doesn't indicate value, what does?

...the first auction of a new car that's a month old?
how often is ever going to happen?
if this is normal, we should see a lot more Macan's on that site, as the car has been out for about 3 months...
it's not normal, and that's why i wouldn't put much weight behind it.

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