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YOUR RESEARCHFair price for a 02 C4S?! Need help.
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90k car
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Hi ppl,
Came across this car on autotrader. It is a 02 C4S (silver/blk) with 20K miles, and the dealer is asking for 80K
Do you guys think I can negotiate the price down to the mid 60K range? Thx.
JACK
probably not-the car was probably a 90k car. i would say 70-72k would be about right. the miles are a bit high, so take off about 4k, so 66-68 seems right.
i found that new ones with that color combo (you can pick a yellow one up much cheaper) are bringing about $4 - $5K off list.
03 low mile cars are probably in the $72 - $78K range.
an 02 w/low miles are probably in the $65 - $72K range.
I'd take a few more K off for the miles.
just my opinion. geography matters in a big way.
i also heard that dealers are starting to discount less b/c porsche is cutting production again in 04??????????
That probably also matters on location. I would not say an 02 porsche with $10k miles is low. Of coarse I live in Chicago, so the cars we come across here are usually 2nd or 3rd cars that are not driven that much. For what its worth, I would say 5000 or less miles is low for an 02, at least where I am from.
-Lou
I posted this before, but, wholesale on a 2002 C4S with low miles(less than 5000) is between $62,500-$64,500. You should be able to get a much lower mile car for $65,500-$67,500. If your heart is set on the 20k miler, I wouldn't pay more than $60k. I do not know if you get tax credit for your trades from where you are from, but in IL you do. So, if a dealer were even giving this guy $59k for the 20k mile C4S that would equate to a private party sale of $64,162. If this guy will sell for mid $60's, my guess is the dealer is giving him like $57k for that car
-Lou
if i could get the c4s for 60k, i would take it-i just don't think you can get it for that. i certainly wouldn't argue with anyone who would sell the 90k msrp car 1 and 1/2 yr later for 60k. also, according to excellence magazine, normal useage for a 911 is 6-9 k miles/yr.
