buyer wants to back out of a car deal AFTER giving me the cash. #whatwouldbeyondo

[shakalaka]

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So he offered 5k and you negotiated it down to a couple grand?

I guess he has some empathy strings after all. lol

[ThePenIsMightier]

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I guess he has some empathy strings after all. lol

He follows advise well.

[Darkane]

This has been a wicked thread. Thanks for the laughs.

[Buster]

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So agree, but % that high will just push the buyer to take the car. I'd love to buy this car for a steal, but I don't think it's in the cards.
The flakey buyer needs to feel a sting for walking away and he should understand that.
On the other other hand... So far, the car is depreciating over $20k/year and it's still on the tail of that exponential curve. It's already taken ~6 months to find a buyer and make a deal. Maybe 5% at roughly $5k is too low a penalty. Thankfully, we're now in the prime selling time of the year, so that should help.
Selling $100k cars is about as rewarding as selling cars less than $1k.

In total the car cost me about $1,080 per month in depreciation.

[C4S]

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In total the car cost me about $1,080 per month in depreciation.

That is for the ~ 3 yr ownership? that is good! Or you mean just for last couple month with this "back out" issue?

[Buster]

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That is for the ~ 3 yr ownership? that is good! Or you mean just for last couple month with this "back out" issue?

No... Over the life of the car. The depressing number is the $/km. I didn't drive enough.

[ExtraSlow]

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In total the car cost me about $1,080 per month in depreciation.

A CLA former car2go would be cheaper.

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No... Over the life of the car. The depressing number is the $/km. I didn't drive enough.

Not enough taco trips

[killramos]

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A CLA former car2go would be cheaper.

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Not enough taco trips

What would have been funny is the math for what the trip for tacos would have cost...

[lasimmon]

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What would have been funny is the math for what the trip for tacos would have cost...

Money well spent no matter what.

[90_Shelby]

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In total the car cost me about $1,080 per month in depreciation.

What was the depreciation per month for your CTS-V wagon?

[ThePenIsMightier]

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In total the car cost me about $1,080 per month in depreciation.

Yep, but, it's a gorgeous unit. They shouldn't come with windows because they'll ALWAYS be down so you can listen to that sound when you twist its tail. I can't believe how much I enjoyed driving one of those in that Vegas track thing. I was fuckin drooling over yours!

[Buster]

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What was the depreciation per month for your CTS-V wagon?

I drove my v wagon for five years and made money on it.

[shakalaka]

These sorts of cars are rarely ever a good financial decision. I've just learn to live with that reality now.

[Buster]

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These sorts of cars are rarely ever a good financial decision. I've just learn to live with that reality now.

Yup. Although I've put my McLaren idea on hold. There is depreciation and then there is McLaren.

[ercchry]

That’s actually great... my E90 M3 was about $1.15/km, or $730/month and it was already 8yrs old when I bought it

[killramos]

I think my C63 was around ~700/mo. I did pretty well with that think.

300 more a month for an AMG GT seems very reasonable to me

[jwslam]

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No... Over the life of the car. The depressing number is the $/km. I didn't drive enough.

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A CLA former car2go would be cheaper.

Or just straight up pay for the $/min rate in a car2go.

OR pay for Uber Black. Even comes with a driver and no hassle of parking

[Twin_Cam_Turbo]

Don’t feel bad, pos Corvette has cost me quite a bit over $2/km in repairs and maintenance so far.

[Buster]

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That’s actually great... my E90 M3 was about $1.15/km, or $730/month and it was already 8yrs old when I bought it

Except get gt sat in my garage for 4-5 months a year at the same depreciation rate. Calgary is a frustrating place to have a fun summer car... No good driving roads close... No track... Short season.

I drove the gt as much as possible and still only put on 12.5k in three years.

I might wait until I love somewhere warmer to bother with a summer car again.

[bjstare]

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Except get gt sat in my garage for 4-5 months a year at the same depreciation rate. Calgary is a frustrating place to have a fun summer car... No good driving roads close... No track... Short season.

I drove the gt as much as possible and still only put on 12.5k in three years.

I might wait until I love somewhere warmer to bother with a summer car again.

Yup, same. That's part of the reason I sold my S2k. It was a fantastic car to drive, but being a third car that sat in the garage 95% of the time, and the remaining 5% was spent on roads that the car just isn't built for (i.e. straight)... just didn't make sense. Nice thing was that it didn't cost me anything to own.