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STO 50K Over

6597 Views 80 Replies 30 Participants Last post by  LHP
My dealer just called me saying that they have a 22 STO with 500 miles for 50k over. Msrp is 412k, so it would make it 462k. A week prior they sent me the same car at 100k over but now they are saying the car is on consignment and the owner needs to make room in his garage and wants to sell quick. Smart move? or wait it out to see where things go. I got screwed on a G63 and don't want to make the same mistake. I know these cars are more limited, should the market for them stay stronger?
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Cars are selling. They just need to be priced in todays market. It’s not as low as everyone wishes, but it’s lower than it was.

It's easy for folks to comment from the sidelines but there are still lots of buyers out there. Also the spec matters...that Seattle one at $20k over was heinous.

Should you buy one at $50k over? Only you can answer that. If you like the car and the spec then $50k over doesn't seem too bad...but agree you can give it a few weeks and see if they'll take something lower. Maybe you miss out in the meantime, and if so then plenty of other opportunities will come along.

Even as the market softens there are plenty of buyers. My 22' EVO coupe just sold for $40k over within 3 weeks. And yes I sold it to "make room" so totally a reasonable selling reason.
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