Last post on Oct 24, 2013 at 5:25 PM
You are in the Porsche 911
What is this discussion about?
Porsche 911, Porsche Carrera GT, Coupe, Convertible
#1523 of 2175 pre-owned 911 market
Apr 13, 2007 (11:41 am)
"According to my dealer, the slowdown that he has seen from the "wealth effect" you refer to has actually impacted the Boxster and Cayman more than the 911."
I've known my Porsche salesman for more than 30 years and he tells me the same story. His allotment of turbos and GT3s is just about gone, has a decent, but not overhwleming selections of 911, 2 Base Boxsters, etc. All '07s.
He just took a 2001 911 arctic silver couple in trade on an '07 911. Has about 25,000 original miles, asking $43,000.
Was thinking of offering them 40k if they paid the $$$ to make it Porsche certified as a used car. Dealer also has an outstanding '05 911 coupe with about 10,000 miles on it but they want $70K. Too much for a summer toy.
#1524 of 2175 Re: pre-owned 911 market [jerseyguy1]
Apr 13, 2007 (11:56 am)
"Dealer also has an outstanding '05 911 coupe with about 10,000 miles on it but they want $70K."
Sounds like your dealer is a little pricey. Unless that base coupe is overloaded with options, it probably didn't sell for a whole lot more than $72-75k new. By comparison, that would mean they would be asking close to $90k for my 2005 S Cab ($20k+ higher MSRP than a base coupe, plus $13k in options). That's about $8,000 more than it's really worth.
#1525 of 2175 Re: pre-owned 911 market [jerseyguy1]
Apr 13, 2007 (1:00 pm)
Actually, the 05 is pretty accurately priced...Since there are very few stripped 911s out there...Figure Full Leather, Power Seat Pkg., NAV, Bose, 19s, CD Changer...KBB puts it at $72,415.00 with no adjustment for CPO status...which on this car apprx. 2011 or 100,000 Miles, whichever comes first.
C2s with similar mileage are going thru the Auctions at $63,000-$64,000. Options not accounted for.
#1526 of 2175 pre-ownerd 911 market
Apr 13, 2007 (2:11 pm)
THanks of rthe info. Come Snday I think I'll go take a long hard look at the '05. It does have NAV, BOSE, etc. Not sure about 18" vs. 19" wheels. I have the CARFAX on the '01 but not on the '05. '01 was locally owned and traded in on an '07. This dealer buys a lot of cars nationally as they comes off of lease.
#1527 of 2175 Re: pre-owned 911 market [vwguild1]
Apr 13, 2007 (2:24 pm)
In that case, I'm curious as to what would be the value - retail and wholesale - that you would estimate for my 2005 911 S Cab:
Seal Gray / Black
Excellent condition w/ new rear tires
Options (totaled $13k+): Nav, Sport exhaust, full leather seats, power seats, heated seats, Bose, 6CD, self dim mirrors, aluminum Carrera S sill plates, Porsche crest in headrests, colored wheel crests, mats.
Thanks in advance.
#1528 of 2175 Re: pre-owned 911 market [habitat1]
Apr 13, 2007 (3:30 pm)
Interesting how Edmunds & Kelley vary on the numbers...The Manheim auction site shows no option for the Cab...
KBB does not book things that are unique to Porsche like Sport Exhaust, X51 Power kits. PCCBs, Crest in headrest, sill plates, etc. but they show a Retail Value of $82,800. $74,750.00 is Wholesale
Edmunds offers uniques options, although not Porsche Design stuff and shows a value of $84,167.00 if the C2S Cab is Certified...$79K and change if not...$70,602 would be their
Trade In/Wholesale #.
So you can see these numbers can be all over the map...Again, it depends upon the the car, the market & the Dealer....sorry about not getting Auction numbers though, for that is really the common denominator and puts the other numbers in a better perspective...The auction numbers are fact; the others are based on an applied theory.
#1529 of 2175 Re: How much room to negotiate do the dealers have on pre-owned inventory? [habitat1]
Apr 14, 2007 (9:26 am)
I read recently (and agree) that a Cayenne with a stick would be a lot of fun and involving. A RI Porsche sales guy dismisses the idea of a stick in a Cayenne by pointing to the car's weight. I think though it would be a blast. If you kept the options simple (Bose, metallic, heated seats, etc.) you would be well under 50K for a transaction price.
Incidentally, I have a heated wheel and it throws off minimal heat. Given that it doesn't work (there isn't even a switch to turn it on, let alone increase the temp) you might consider the wood wheel. Pass on the turbo or any other wheel option and just pick them up off Ebay with winter tires already mounted.
#1530 of 2175 Re: pre-owned 911 market [vwguild1]
by MrShift@Edmunds HOST
Apr 14, 2007 (10:35 am)
Kelley numbers are what the dealer would like to get for the car
Edmunds numbers are what people would hope to pay for the car
Auction numbers are what dealers pay for cars they will make a profit on (hopefully).
So in that light, all three numbers make sense.
KBB- bargain hard on these numbers
Edmunds--try for private party value or lower
auction-- generally cheaper than you can buy one on the street.
Apr 15, 2007 (8:23 am)
Well I finally pulled the trigger and bought the 2004 Anniversary edition Carrera. The salesman whispered to me that the car would be a chick magnet. If by chick magnet he meant that a guy in a cube van wanted to trade my car for his van and the contents, then the sales guy was right. First day, I put 130 miles on the car. I absolutely love it. Much nicer than the 2004 M3 I owned a couple of years ago.
Back to my question. Can you please let me know how you wash your cars. I live in an apartment (corporate housing) and can't wash mine by hand. The dealer has free washes on the weekend but it is a automatic car wash with the fabric strips that beat your car to death.
#1532 of 2175 when to expect 2008 models?
Apr 15, 2007 (2:56 pm)
anyone knows when to expect the 2008 models?