Maserati Forum banner

For those interested in Wholesale Numbers

3K views 14 replies 10 participants last post by  leadfoot_mf 
#1 ·
I am a used car dealer and I have access to Internet MMR which is a program designed for dealers for getting wholesale prices from across the country from Manheim Auto Auctions. Here are some cars sold this year!

Hope this helps the debates about our cars values!

Auction Sold For miles
2004 Coupes:
06/22/06 RIVRSIDE Lease $56,000 10,718 Above GREY
07/11/06 FAAO Lease $52,000 14,156 Above BLACK
07/20/06 RIVRSIDE Regular $54,000 9,422 Above BLACK
08/17/06 RIVRSIDE Lease $46,000 21,033 Above SLR
09/12/06 FAAO Lease $45,000 21,979 Above BLACK
09/14/06 RIVRSIDE Lease $45,000 23,205 Above BLUE


2004 GS Spyders:
03/15/06 W PALM Regular $66,250 5,391 Above BLUE
03/23/06 MANHEIM Regular $59,000 10,040 Avg SILVER
05/10/06 W PALM Regular $64,200 1,564 Above WHITE
06/22/06 RIVRSIDE Lease $62,000 11,092 Avg BURGUNDY
07/05/06 W PALM Lease $59,000 2,440 Avg WHITE
08/17/06 RIVRSIDE Lease $58,000 3,917 Avg BLUE

2005 Coupes:
10/20/05 MANHEIM Regular $65,000 142 Above GREY
10/20/05 MANHEIM Regular $64,000 71 Above BLACK

2005 GS Spyder:
08/31/05 W PALM Regular $66,800 3,495 Above RED

2005 Quattroportes:

07/05/06 W PALM Regular $80,500 4,179 Avg GREY
08/02/06 W PALM Regular $81,300 8,793 Avg BLACK
08/17/06 RIVRSIDE Regular $81,000 4,627 Avg SILVER
08/17/06 RIVRSIDE Regular $77,000 7,968 Avg BROWN
08/25/06 LAUD/MIA Regular $85,000 2,462 Avg Grey
09/14/06 RIVRSIDE Regular $74,000 15,087 Below BURG

2006 Models:
GS Spyder: 05/25/06 RIVRSIDE Regular $89,250 103 Above WHITE
Quattroporte: 05/18/06 GTR TMPA Regular $93,500 6,121 Above NONE
08/17/06 RIVRSIDE Regular $91,000 7,677 Avg BLACK
09/12/06 FAAO Regular $91,200 1,805 Avg WHITE

Some cars have options that others dont.
As you can see not too many Maseratis sold at the auctions this year. These cars are sold personally or traded and dealers keep them to re sell.

Hope you enjoy the information.

Proud new owner of a 2006 GS Spyder Red

Jeff
 
See less See more
#2 ·
Some questions...

What does "auction sold for miles" mean? Also, what does the "above" and "avg" mean? Does that mean the miles listed is considered higher than average for the age of the car? If so, it is weird that one of the 2004 Coupes is listed as "above" for less miles than one of the 2004 Spyders listed as "avg".
 
#3 ·
Those should be the column headers - HTML ignores tab settings and runs everything together so it's

Auction = Riverside Sold for = $56,000 and Miles = 10,718

in the first example

Above, Avg and Below probably refers to exterior/interior condition?
 
#5 ·
Steeldream said:
Those should be the column headers - HTML ignores tab settings and runs everything together so it's

Auction = Riverside Sold for = $56,000 and Miles = 10,718

in the first example

Above, Avg and Below probably refers to exterior/interior condition?
Hit it right on the head!
 
#6 ·
a couple of time when going to trade a few dealers have been very quick to provide me with the auction numbers....i wonder if it doesn't help theri case a bit when offering money for my trade...if not they wouldn't be so quick to volunteer that info....
 
#7 ·
maseratifan said:
a couple of time when going to trade a few dealers have been very quick to provide me with the auction numbers....i wonder if it doesn't help theri case a bit when offering money for my trade...if not they wouldn't be so quick to volunteer that info....
Good Insight.....new car dealers will look at what a used vehicle does at the auction because they dont want to over pay for a your car. In most cases auction prices are lower than book values. That is why when you purchase a car new, you always get your lowest price before bring up your trade in.

Most new car dealers move their trades to wholesalers. If the wholesaler will pay more for your trade than they can make money moving your car quickly by giving you less. Always aim high with your trades.

For instance:

Just purchased my 06 GS Spyder with a list price of $111,600 for $94,500. It had 225 miles, never titled. When the dealer gave me that bottom line number I offered up my 2002 Corvett Conv. with only 21,000 miles.

This Corvette was doing around $26,500 - 28,000 at the auctions. I told the Maserati dealer what I wanted. Aimed high at $32,000. They came back with an offer of $27,000. I countered with $30,000 and accepted.

So in this case I received a 16% discount on the new car and received a higher value for my trade because they wanted to make a deal on the Maserati and mostly likely lost any profit moving my vette to a wholesaler.

Turns out this particular 06 GS Spyder has been in their inventory since March. The Maserati dealer just wanted to move it and take a big hit in doing so.

Their loss was my gain and the wife is enjoying it thoroughly!

Jeff
 
#10 ·
One thing to note on these auctions, the inventory tends to be on the lower end of whats available to dealers to purchase. (quality \ options \ etc) There are many more wholesalers than dealers in the Manheim market for Maseratis, and many aren't as educated on these cars, on either side of the transaction. Most don't know the options etc. like a dealer does. Where our Mazda store buys 1/2 their non-trade inventory from auction, we buy 1/4 or less from these types of auctions, and single digit numbers of Maseratis from Manheim in the last two years.

- Mark
 
#11 ·
Thanks for posting. Do you have any new Manheim auction reports from the past month or so. I'm loking at used 02-03-04 cambio coupes.

Thanks in advance
 
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Top