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Recommend buying a certified (cpo) car
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I highly, highly recommend buying a certified (CPO) car.
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I have never purchased a used vehicle. With that being said it is much easier on a new vehicle to compare apples to apples.
I starting some research on 2004 (996) C2's & 2005 (997) C2's. I am trying to establish a baseline value.
Where do I start?
I have been looking at the completed listings on EBay but it seems like there are few.
Has anyone recently purchased a 996 coupe? Can you give me any insight as to the real market value?
I am sorry for this vague post, I just feel like the more I look, the more confused I get.
I highly, highly recommend buying a certified (CPO) car. You will pay a little more, but for me the peace of mind has been great.
You can search very easily sorting by price at cars.com for just CPO:
http://tinyurl.com/6n4uha
Maybe it's because I'm on mac, but I can't get the Porsche CPO locator to search with a price range or accurately sort by price. Anyway here's the link:
http://www.porsche.com/usa/pre-owned-vehicles/search/
The market is soft, and I have heard of deals settling anywhere from 5% to 10% or more below the second listed (marked down) price on a vehicle. As a rule of thumb, a dealer will generally never sell for less than what he can get at auction for the same vehicle + whatever money he has to spend to recondition and certify the vehicle (seems obvious, and if he does there's probably something wrong with it that would cause professional buyers to walk) so if you want to use that as a basis for negotiation, you'll need Auction Data. The most widely known auction data provider is Black Book ,
http://www.blackbookusa.com/home.asp...4&t=D&i=23&w=I
No, it's not your Mac. The search doesn't work well. I second your opinion about buying CPO though. It can really save you a great deal of hassle and $$$.
... +1 the above comments. At least buy one with an intact ext warranty (of some sort). My warranty saved me over $500 within the first 6 weeks of ownership.
There is also this site which is pretty interesting...
http://www.pricehub.com/
FWIW, I followed prices pretty closely for months... and it seems that cars in California are certainly selling for cheaper than most other places (I suppose there is more supply). No matter how exhaustively you research the market - make sure you STOP, once you buy... or you'll be hitting the bottle pretty hard.
Now is a great time to buy. The market is very very weak. Car dealers are getting killed right now. They will sell a car just to get some cash flow at minimal profit.
2004 996 are worth between 35K - 52K
2005 997 are worth between 39K - 60K
These numbers according to the latest Excellence market report. Knock off an additional 1K for the weak market.
I'll agree with the dealers going 5-10% lower.
It picked up my CPO'd '02 C4S in March for 11.1% below the window sticker in the car and it was 4% below what they had reduced it to on the internet.
I just sold my 2004 40th Anniversary for only a little less than I paid for it last year. Of course the car only had 9,300 miles, a full CPO and was virtually perfect. Really nice cars with options do hold their values!
another vote for TT
if u decide MY05 997 S, make sure you visit the thread on 997 forum regarding it's rear bushing issue. that's something u need to address on MY05 997S
https://rennlist.com/forums/997-forum/440054-revisitng-the-annoying-2005-wiggle-bushing-issue.html
