CPO with 58 miles?
05-25-2016, 12:04 PM
#1
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CPO with 58 miles?
Not a 997, but what am I missing?
http://www.ebay.com/itm/351741970211?forcerRptr=true&item=351741970211&viewitem=
http://www.ebay.com/itm/351741970211?forcerRptr=true&item=351741970211&viewitem=
05-25-2016, 12:17 PM
#2
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What....? They want 200 grand for the thing and I am sorry, but that interior is butt ugly. They probably missed the part where the thing shuts off and restarts 11 times at a red light and hated it from the get go!
05-25-2016, 12:47 PM
#5
I beg to differ on color, love the white/red color combo.... As far as depreciation goes, totally agree, especially how they already came out with '17 and changed body somewhat. Im like you guys, purchased my 07 997TT with 6k miles 2 years ago for $78500, currently has 10k and to me worth $80k all day long, especially for what $80k gets you in the Porsche world.
05-25-2016, 12:52 PM
#6
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I usually like the white/red combos too but that one seems almost pink. Wouldn't take 80 for mine today with 12k either and like yourself, in at 70 thousand we can never loose 100!
05-25-2016, 01:31 PM
#7
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How does a car end up "used" with 58 miles. Really?
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05-29-2016, 03:14 PM
#9
Race Director
The seller obviously has his opinion.
As an aside, it is not a bad looking car but Cabs are not my cup of tea.
The seller is looking for someone who even if they don't end up paying the asking price will end up paying a premium thinking they got a "good deal" in getting the price down from $170K.
06-01-2016, 03:20 AM
#10
Miserable Old Bastard
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06-01-2016, 11:57 AM
#11
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Thread Starter
Nothing. Price is not fact only an opinion.
The seller obviously has his opinion.
As an aside, it is not a bad looking car but Cabs are not my cup of tea.
The seller is looking for someone who even if they don't end up paying the asking price will end up paying a premium thinking they got a "good deal" in getting the price down from $170K.
The seller obviously has his opinion.
As an aside, it is not a bad looking car but Cabs are not my cup of tea.
The seller is looking for someone who even if they don't end up paying the asking price will end up paying a premium thinking they got a "good deal" in getting the price down from $170K.
06-01-2016, 02:13 PM
#12
My guess is it was an apology gift to someone but the beach left anyway!
You'd think if 58 miles was too much then a 10 mile test drive should have told the tale of the car.
Luv Wht/Red. Classic combo for any car.
You'd think if 58 miles was too much then a 10 mile test drive should have told the tale of the car.
Luv Wht/Red. Classic combo for any car.
06-04-2016, 01:10 PM
#14
Race Director
Bizarre? No. Well not in my opinion. Rare? Yes.
But it makes some sense. A CPO takes the worry out of owning what is essentially a new car. New cars can manifest problems that if not covered by a warranty can be pretty expensive to deal with.
I would think though a 2015 with just 58 miles would have some factory new car warranty left. The CPO warranty can only remain in effect if the car is sold by an authorized Porsche dealer or by an individual.
Cabs are kind of funny cars in that while they are highly valued by their first owner subsequent owners or prospective owners are a bit more reserved when it comes to paying big money for a Cab. I've heard from several dealer employees about the new Cab owner who drives away beaming with his new car. After a few years he's back looking to trade it in and leaves furious when he learns how much the car has depreciated. The resale market for Cabs is, or can be, brutal.
But let's look at some numbers: From www.nada.com a clean trade in value is $171.4K. Clean retail is $180.3K.
So asking $200K is just the seller expressing his opinion of the car.
But it makes some sense. A CPO takes the worry out of owning what is essentially a new car. New cars can manifest problems that if not covered by a warranty can be pretty expensive to deal with.
I would think though a 2015 with just 58 miles would have some factory new car warranty left. The CPO warranty can only remain in effect if the car is sold by an authorized Porsche dealer or by an individual.
Cabs are kind of funny cars in that while they are highly valued by their first owner subsequent owners or prospective owners are a bit more reserved when it comes to paying big money for a Cab. I've heard from several dealer employees about the new Cab owner who drives away beaming with his new car. After a few years he's back looking to trade it in and leaves furious when he learns how much the car has depreciated. The resale market for Cabs is, or can be, brutal.
But let's look at some numbers: From www.nada.com a clean trade in value is $171.4K. Clean retail is $180.3K.
So asking $200K is just the seller expressing his opinion of the car.
06-04-2016, 01:42 PM
#15
Rennlist Member
Thread Starter
Bizarre? No. Well not in my opinion. Rare? Yes.
But it makes some sense. A CPO takes the worry out of owning what is essentially a new car. New cars can manifest problems that if not covered by a warranty can be pretty expensive to deal with.
I would think though a 2015 with just 58 miles would have some factory new car warranty left. The CPO warranty can only remain in effect if the car is sold by an authorized Porsche dealer or by an individual.
Cabs are kind of funny cars in that while they are highly valued by their first owner subsequent owners or prospective owners are a bit more reserved when it comes to paying big money for a Cab. I've heard from several dealer employees about the new Cab owner who drives away beaming with his new car. After a few years he's back looking to trade it in and leaves furious when he learns how much the car has depreciated. The resale market for Cabs is, or can be, brutal.
But let's look at some numbers: From www.nada.com a clean trade in value is $171.4K. Clean retail is $180.3K.
So asking $200K is just the seller expressing his opinion of the car.
But it makes some sense. A CPO takes the worry out of owning what is essentially a new car. New cars can manifest problems that if not covered by a warranty can be pretty expensive to deal with.
I would think though a 2015 with just 58 miles would have some factory new car warranty left. The CPO warranty can only remain in effect if the car is sold by an authorized Porsche dealer or by an individual.
Cabs are kind of funny cars in that while they are highly valued by their first owner subsequent owners or prospective owners are a bit more reserved when it comes to paying big money for a Cab. I've heard from several dealer employees about the new Cab owner who drives away beaming with his new car. After a few years he's back looking to trade it in and leaves furious when he learns how much the car has depreciated. The resale market for Cabs is, or can be, brutal.
But let's look at some numbers: From www.nada.com a clean trade in value is $171.4K. Clean retail is $180.3K.
So asking $200K is just the seller expressing his opinion of the car.