I just sold mine and I FEEL HORRIBLE :(

[Smartdavis]

Originally Posted by ZZZema

I just sold mine and I FEEL HORRIBLE ....
Was driving it last time today and had a feeling that $5000 I made on the deal is not worth waiting for the year for another one....

I think the expression you are looking for is "crying all the way to the bank"

[Smart_ABQ]

I think the reason everyone is harshing on this thread is that the initial post qualifies the former smart owner as an official Used Car Salesman. I seriously doubt there is any sympathy on that one.

Probably should have kept it. Gas is going to keep going up and that 40+ mpg would have been better in the long run.

[smartisme]

I had the same thing happened to me some offered me $4,000 over what I paid. I thought about it for a day and told him come on down you the next owner of this smart fortwo. Can't pass the opportunity to make 4 G for a car. I just wait and get another one.

[meaux61]

Linux guy...I know...We still dont know what Ga tax really is...that was an estimate. Still...It has to be something. So he did not make 5000.00 either way.

M

[saxdiva]

Originally Posted by ZZZema

I just sold mine and I FEEL HORRIBLE ....
Was driving it last time today and had a feeling that $5000 I made on the deal is not worth waiting for the year for another one....

Suck it up and stop whining like a spoiled brat. You'll live.

[LinuxGuy]

Originally Posted by meaux61

Linux guy...I know...We still dont know what Ga tax really is...that was an estimate. Still...It has to be something. So he did not make 5000.00 either way.

M

It depends on which county he lives in but it will be 6% or 7% plus an Ad Valorem tax of up to $500. This could knock the margin down to $3500. And if the IRS is reading this, it will go down to about $1750.

[lhoboy]

I find the claim of a $5000 gain to be a bit doubtful. My passion sold on ebay at $19,200, which I was happy to get. Most of the smarts on ebay have such rediculously high reserves, they never sell. Mine was the only 2008 that sold within the first week of March.

With sales taxes and ebay charges, I only cleared $2200. The cabriolets seem to be fairing a bit better on margin.

Take out federal and state short term capital gains taxes from that $2200 and it's not worth the effort and risk as a business opportunity.

[Smartfor2guy]

Originally Posted by ZZZema

I just sold mine and I FEEL HORRIBLE ....
Was driving it last time today and had a feeling that $5000 I made on the deal is not worth waiting for the year for another one....

BOO-HOO (yea right)

[citroen]

one of our local car dealers here in boise got his hands on three 451's. all less than 300 miles. must have been orphans? drove a basic cab no add ons' loved every minute of it. they want $25K. Im sure that some poor uninformed soul will snatch it up.