2002 Targa - reasonable price?

Optical TDI · 11-19-2009, 03:03 PM

2002 Targa w/16k miles for $36k
CPO
18" Light Allow Carrera Wheels
PSM
Heated seats
Sport seats
Technic package
Rocker panels
Bose

Gregg Lewis · 11-19-2009, 04:06 PM

$30,000

Marc Gelefsky · 11-19-2009, 04:29 PM

Full CPO? I think anything under K is alright. Maybe a tad high but it its super nice why not.

Optical TDI · 11-19-2009, 05:33 PM

Yes, CPO would start when purchased. It's cosmetically flawless with only 16k miles (looks like a new car inside and out). If I didn't want the CPO they would of course sell it for about $2k less since it not purchased from PCNA until bought from the dealer. But that's one of the reasons I'm looking at dealers because of the CPO. I can afford a $35k car, but can't chance a $12k motor if it fails (unlikely of course).

How much was the 2002 Targa new - anywhere to find that data?

soverystout · 11-19-2009, 05:42 PM

Quote:

Originally Posted by Optical TDI

2002 Targa w/16k miles for $36k
CPO
18" Light Allow Carrera Wheels
PSM
Heated seats
Sport seats
Technic package
Rocker panels
Bose

What Color is it?

$30K is reasonable if it were a private sale. If you really want the car and they CPO a targa (they can have roof issues) I think $32K is the bottom line with CPO. If you get it, drive the Sh*t out of it and use up as much of the 84K miles and 2 years of coverage that you can.
Me like Targas....
Happy Hunting.

Marc Gelefsky · 11-19-2009, 05:59 PM

Quote:

Originally Posted by Optical TDI

Yes, CPO would start when purchased. It's cosmetically flawless with only 16k miles (looks like a new car inside and out). If I didn't want the CPO they would of course sell it for about $2k less since it not purchased from PCNA until bought from the dealer. But that's one of the reasons I'm looking at dealers because of the CPO. I can afford a $35k car, but can't chance a $12k motor if it fails (unlikely of course).

How much was the 2002 Targa new - anywhere to find that data?

I have a full order guide for the 02 Coupe but not the Targa.

Optical TDI · 11-19-2009, 07:37 PM

It's Seal Gray Metallic. And 13k miles, not 16k like I mentioned. Is the low mileage to be of concern?

smackboy1 · 11-19-2009, 08:47 PM

Quote:

Originally Posted by Optical TDI

2002 Targa w/16k miles for $36k
CPO
18" Light Allow Carrera Wheels
PSM
Heated seats
Sport seats
Technic package
Rocker panels
Bose

13K (or even 16K) miles are a bit low. Could have some latent engine issues that would have already manifest itself if the miles were higher. I would ask if the RMS and IMS have been updated with the latest 997 parts. The CPO offsets the low mileage.

Targas are rare. Sort of cuts both ways: not everybody wants a Targa (too bright, top heavy, obstructed rear view etc.); but some people love the Targa and will pay extra for a good one (panoramic roof, hatch back etc.).

If this was just a Coupe FMV is probably about 30K +/- 1K, but not 36K. The dealer is probably waiting for a buyer who really wants a Targa and will pay a premium for it.

BTW don't think that for peace of mind you must buy from a P car dealer. You can buy a CPO car from a private seller and the balance transfers. Another option is to buy a car with no warranty and budget for a 3rd party warranty sold by your local P car dealer.

Turbodan · 11-19-2009, 09:34 PM

the price of the car new has very little bearing on what car is worth now. sounds like a nice car and with cpo you don't have to worry about anything for 2 years. if car is in shop with cpo repairs do they give you a loaner porsche? just curious.

Optical TDI · 11-19-2009, 10:42 PM

I'm in the situation of emotion taking over reason. The dealer is giving me a reasonable trade offer. Private party is not that interested at this point.

Decisions, decisions....

red911c2 · 11-19-2009, 11:37 PM

Quote:

Originally Posted by Optical TDI

I'm in the situation of emotion taking over reason. The dealer is giving me a reasonable trade offer. Private party is not that interested at this point.

Decisions, decisions....

From what you've said about the car, I'd pay up to $30-31k for it from a private party. If the CPO is important to you, I'd pay an additional $2k for that. If they're giving you an extra $2k for your trade, I'd add that to the price too. That gets us to $34-35k. If you really love the car and they won't go below $36k, what's $1k at this point? If you really like the car, buy it! If it's truly in superb condition, you're not getting a bad deal. I didn't even take into account the "convenience" factor of driving to the dealer in your old car and driving away in your new one!

Good luck!

Barn996 · 11-20-2009, 09:00 AM

Pull the trigger, you're very close on price...who can really say other than you if $35k or $36k is the right price? Sounds like a decent deal to me. GL

smackboy1 · 11-20-2009, 09:57 AM

Quote:

Originally Posted by Optical TDI

The dealer is giving me a reasonable trade offer.

How much is your trade in going to save you in taxes on the Targa?

The thing to keep in mind is that trading in your old car is fast and convenient and may save you some taxes. You can usually net more $ by not trading in and selling the old car yourself, but depending on the car and given the economy and the holidays and winter, it might take a while to sell it for a high enough price.

deckman · 11-20-2009, 10:11 AM

I just sold my 2003 with 48K for $30K in a private sale, but mine had more $$ options/mods than yours. If it is CPO'd who cares how low the miles are, and besides in negotiating you will never ever convince any seller that low miles can be a bad thing. I think $34K with CPO is good.

caribbeantech · 11-20-2009, 10:52 AM

Mines an 03 with a new engine...$29k...look in the Classifieds..

11-19-2009, 03:03 PM	#1
Optical TDI Addict Rennlist Member Join Date: Nov 2009 Location: Cleveland, OH Posts: 141	2002 Targa - reasonable price? 2002 Targa w/16k miles for $36k CPO 18" Light Allow Carrera Wheels PSM Heated seats Sport seats Technic package Rocker panels Bose

11-19-2009, 04:06 PM	#2
Gregg Lewis Addict Rennlist Member Join Date: Apr 2004 Location: Columbus Ohio Posts: 3,385	$30,000 __________________ Gregg Lewis 02 996 89 944S2 #700 94 968 (For Sale) 06 GS 300 04 Denali XL (White Whale)

11-19-2009, 04:29 PM	#3
Marc Gelefsky Super Moderator Lifetime Rennlist Member Join Date: May 1998 Location: Northern New Jersey Posts: 9,700	Full CPO? I think anything under K is alright. Maybe a tad high but it its super nice why not. __________________ Marc Gelefsky 02 996 Coupe 6 Speed Aero 86 911 Carrera Targa - Guards Red 00 Saab 9-5 Aero Wagon - Winter Beater, Dog & Kid Hauler 04 Audi Allroad 2.7T 6 Speed - Wife's Ride Gone - 88 951, 87 951, 86 944na, 85.5 944na x2, 01 Boxster S

11-19-2009, 09:34 PM	#9
Turbodan Addict Rennlist Member Join Date: Jun 2006 Location: Toronto Canada eh! Posts: 2,959	the price of the car new has very little bearing on what car is worth now. sounds like a nice car and with cpo you don't have to worry about anything for 2 years. if car is in shop with cpo repairs do they give you a loaner porsche? just curious. __________________ Danny 96 993tt black/ black Gemballa suspension, techart brake ducts, turbo s oil cooler, 19" HRE's, stage 1 ecu, ghl bypass , BBS LMII(2nd set), 996 steering wheel 87 951 white/black, M30, max951 chip, see my video Sunday Drive * http://www.youtube.com/watch?v=hJGm2JhSqwk

11-20-2009, 09:00 AM	#12
Barn996 Addict Rennlist Member Join Date: Sep 2007 Location: Kittery, Maine Posts: 1,792	Pull the trigger, you're very close on price...who can really say other than you if $35k or $36k is the right price? Sounds like a decent deal to me. GL __________________ MY99 996,C2 Coupe,LSD,black/savanna beige, 6 spd., US MO3O suspension,black 3 spoke steering wheel,leather sport seats,TC, rear seat delete, FisterD exhaust... Repairs/maint. since 9/06 purchase date(35k miles); front wheel bearing(drivers side), brake pads,oil & filters, change transmission oil, nonsmoker's kit added, console hinge repair kit, replace coolant cap,4 new Blizzaks 1/09,2 new Sumitomo rear tires 6/09,Interstate battery 7/09, current miles 48k

11-19-2009, 05:33 PM	#4
Optical TDI Addict Rennlist Member Join Date: Nov 2009 Location: Cleveland, OH Posts: 141	Yes, CPO would start when purchased. It's cosmetically flawless with only 16k miles (looks like a new car inside and out). If I didn't want the CPO they would of course sell it for about $2k less since it not purchased from PCNA until bought from the dealer. But that's one of the reasons I'm looking at dealers because of the CPO. I can afford a $35k car, but can't chance a $12k motor if it fails (unlikely of course). How much was the 2002 Targa new - anywhere to find that data?

11-19-2009, 07:37 PM	#7
Optical TDI Addict Rennlist Member Join Date: Nov 2009 Location: Cleveland, OH Posts: 141	It's Seal Gray Metallic. And 13k miles, not 16k like I mentioned. Is the low mileage to be of concern?

11-19-2009, 10:42 PM	#10
Optical TDI Addict Rennlist Member Join Date: Nov 2009 Location: Cleveland, OH Posts: 141	I'm in the situation of emotion taking over reason. The dealer is giving me a reasonable trade offer. Private party is not that interested at this point. Decisions, decisions....

11-20-2009, 10:11 AM	#14
deckman Addict Rennlist Member Join Date: Aug 2007 Location: MD Posts: 742	I just sold my 2003 with 48K for $30K in a private sale, but mine had more $$ options/mods than yours. If it is CPO'd who cares how low the miles are, and besides in negotiating you will never ever convince any seller that low miles can be a bad thing. I think $34K with CPO is good. __________________ Sig by Chads996 2003 C2 - Gone

11-20-2009, 10:52 AM	#15
caribbeantech Addict Rennlist Member Join Date: Jul 2007 Location: Miami, FL 33189 Posts: 38	Mines an 03 with a new engine...$29k...look in the Classifieds..