Join Date: May 2018
Location: Norco, California, USA
$83,070 MSRP w/Dest - $11,000 in California worth of gov't rebates/incentives = $72,070 no haggling 2020 edition 0% financing. This used one is a good buy if it has a clean history. Auction cars are for the brave. You don't get to drive them, and there is no recourse. Many are Cash Only. Often there is a 'buyer's premium' at auctions, or fixed fees. These are often in the 'small print'. The biggest worry about Auction cars, is private parties seldom put cars up at wholesale auctions, finance companies, insurance companies, and dealerships do.
The price is a lot of drop, but not unusual.
A high demand 2019 BMW i8 Roadster, 8,667 mi, BMW Certified at Penske, before negotiations, can be bought for $128k no-haggling, which had an original MSRP of at least $167k. It does not qualify for full rebates or CA HOV stickers/Toll-Road discounts.
So the BMW lost at least $30,000, but probably over $50,000 in less than a year, when purchased at a BMW dealer. The BMW dealer did not give the owner $128k, nor is a smart buyer going to pay $128k.
Jaguar i-Pace FE Photon Red 20" wheels, "Leaper"
Two Chevrolet Volts in service
24.2 kW x 480v 3ph solar array self-installed.