996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

Is this a fair price?

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Old 04-02-2011 | 01:22 PM
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Is this a fair price?

I'm seriously considering this:

http://http://www.porscheofcoloradosprings.com/ou/colorado-springs-porsche/console.do?page=p_inventory&year=2002&make=Porsche &model=911&bodyStyle=Coupe&lockNewUsed=Used&stockT ype=Used&view=expanded&sort=year&sortOrder=1&pageS ize=20&dealerId=%5B2278_2526%5D

The car looks clean, and 2nd gear "seems" to be stable. Is this a fair price? Is there anything else that a mechanic should look at when I have it checked out?
 
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Old 04-02-2011 | 01:29 PM
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Originally Posted by owl
I'm seriously considering this:

http://http://www.porscheofcoloradosprings.com/ou/colorado-springs-porsche/console.do?page=p_inventory&year=2002&make=Porsche &model=911&bodyStyle=Coupe&lockNewUsed=Used&stockT ype=Used&view=expanded&sort=year&sortOrder=1&pageS ize=20&dealerId=%5B2278_2526%5D

The car looks clean, and 2nd gear "seems" to be stable. Is this a fair price? Is there anything else that a mechanic should look at when I have it checked out?
Since it's at a Porsche dealer, looks like a low to mid $40's car, if they can include CPO added $2-3K
 
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Old 04-02-2011 | 01:33 PM
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Seems high considering the mileage, I'd pay no more than 45K for that as a CPO.
 
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Old 04-02-2011 | 02:19 PM
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Thanks for the quick reply. I have a better idea now of what's reasonable. It was a sweet ride, but I'm really hesitating at 50K.
 
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Old 04-02-2011 | 02:57 PM
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X50 option?
 
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Old 04-02-2011 | 03:36 PM
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No X50 option on this. Curious, though... how much more would that add?
 
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Old 04-02-2011 | 04:39 PM
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owl - my two cents is this is kinda high. I would call High Marks in Morristown New Jersey and have a conversation with John. He is a member of Porsche Club of America - good luck
 
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Old 04-02-2011 | 05:12 PM
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I'd also say kinda high. I paid $45k for an '02 with similar miles 2 years ago. I'd love to think it has appreciated in that time, but I doubt it
 
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Old 04-02-2011 | 05:59 PM
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See if you can do some wheelin' and deelin' on that car. It is overpriced at $50k and at that price it won't sell any time soon. If it is CPO I'd try and get them down into the low $40k's and that would be a good deal.
 
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Old 04-02-2011 | 07:49 PM
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Just one reference price. I paid $54K for my 2004 X50 Cab Tip in December of 2008. It had 54K miles (has 75K now).

Makes this seem pricey for a 2 year older car over 2 years later. I realize the Tip probably lowers the price, but the X50 should trade for that.

Feels way too high. Low 40's maybe
 
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Old 04-02-2011 | 09:21 PM
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All wheel drive cars tend to command a higher price in Colorado. I see prices for Sti's and WRX's that boggle my mind, so I am not surprised at this price. Every 996tt I have seen at local dealers sells. They don't sit for long and I am sure this one will be the same way. I would say if you can get them into the mid to high 40's, it would be acceptable. I am assuming it is not cpo? If not, then they should be willing to deal.
 
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Old 04-02-2011 | 10:01 PM
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53k out the door would be reasonable, anything more and it would be too much.

make sure the car comes with the cpo with the negotiated price and get a ppi..

to be honest there are lots of turbos out there, be patient and find exactly what you want.
 
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Old 04-03-2011 | 12:53 AM
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As stated price seems very high for a 2002. (Will they even 'cpo' a 9 year old car?? How much warranty will it get?)

For inspection I recommend an INDEPENDENT porsche tech do the entire CPO checklist, using the CPO criteria, add paint/body inspection and add a dump of the DME looking for any errors and over-rev data.

You cannot trust a dealer's CPO inspection.

Spring is coming and dealers will want to capitalize on rash purchase decisions by buyers feeling the fever... I would not be surprised if they stand firm.

And really, there is zero reason to buy a car from a dealer.
 
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Old 04-04-2011 | 09:03 PM
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They said they won't "CPO" a 2002 car. (It's one year too old.) I'm asking an independent mechanic that I trust to go over it with a critical eye. If they say "no", I'm walking away. Thanks for all of your insight. The car is great, but it's not the only one out there.
 
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Old 04-04-2011 | 10:25 PM
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Originally Posted by owl
They said they won't "CPO" a 2002 car. (It's one year too old.) I'm asking an independent mechanic that I trust to go over it with a critical eye. If they say "no", I'm walking away. Thanks for all of your insight. The car is great, but it's not the only one out there.
That's a wise decision, if you have a good mechanic that knows and they refuse for him to inspect the car, I would walk away as well.
No CPO - make an offer closer to 40K than 50...

Good luck
 


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