Turbo prices ? | FerrariChat

Turbo prices ?

Discussion in 'Porsche' started by Ulf, Oct 18, 2008.

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  1. Ulf

    Ulf Karting

    May 28, 2008
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    Houston, TX.
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    Ulf
    #1 Ulf, Oct 18, 2008
    What do you guys think should a 30-35K miles '02 996 tiptronic Turbo in Silver cost these days (after all this mess) ? What would be a realistic offer at the dealer if he is asking $53K ? Is $45K still too much ?
    Thanks

    Ulf
     
  2. LightGuy

    LightGuy Three Time F1 World Champ
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    Oct 4, 2004
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    David
    #2 LightGuy, Oct 18, 2008
    Wow; $45k.
    You never know unless you ask.
     
  3. turbos7903

    turbos7903 F1 Rookie

    Mar 16, 2006
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    jon walton
    #3 turbos7903, Oct 19, 2008
    tips are tough to sell. Sure you want one? The technology is ancient comparitively.Of course the dealer wll tell you they are rare and tough to find. In this economy I would say 45K may be doable. you probably wont buy it that day. You will probably have to walk and see if they call you back or go and make the same offer in a month. They sometimes will sell a car for wholesale to a retail customer but often just wholesale it off after a few months in inventory. Jon in Delaware
     
  4. Kds

    Kds F1 World Champ

    May 1, 2003
    10,994
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    #4 Kds, Oct 19, 2008
    Last edited: Oct 19, 2008
    $40-45K is the correct retail price with that mileage, a tip, and in silver IMHO. There are plently of them on Cars.com and Autotrader.com in that ballpark.

    I just bought a Speed Yellow, very highly optioned, one owner, 2002 996TT tiptronic with 7K miles for $52K and sold it for $10K more. I am a dealer as well..........

    Hope that helps. 996TT's are all over the place, if the car has miles, a tip, and is silver, it is a dog.
     
  5. justin993

    justin993 Karting

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    Justin993
    #5 justin993, Oct 19, 2008
    40-45 sounds right, based on some average auction prices a few months ago.
     
  6. Ulf

    Ulf Karting

    May 28, 2008
    74
    Houston, TX.
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    Ulf
    #6 Ulf, Oct 22, 2008
    test drove a loaded (navi, parking assist, supple leather, xenon, woodtrim, etc.) '02 Black/Black Tip Turbo today. Upgraded exhaust and with chip (aprox extra 80hp). It was OK, and FAST. Guess it would be a good buy at around mid 50's. Just can't make up my mind if I really want a Turbo, a GS Maserati or a 355 (that's actually what I always have been after but been afraid of it's maintenance horror stories). The Maserati just depreciates so freaking fast I can't even keep up with the current pricing. My gut tells me to just get that 355 and enjoy. What to do, what to do ?
     
  7. Basura

    Basura Formula Junior

    May 1, 2008
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    Santa Monica, Ca
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    Michael Basura
    #7 Basura, Oct 22, 2008
    It sounds like you know what to do.

    And I agree with you
     
  8. senna21

    senna21 F1 Rookie

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    #8 senna21, Oct 23, 2008
    Sit tight. 355 prices will be coming down with all the others over the next year. Just take a look at what 599 and 430 prices are doing.
     
  9. Ulf

    Ulf Karting

    May 28, 2008
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    Houston, TX.
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    Ulf
    #9 Ulf, Oct 23, 2008
    yeah, but I don't think they'll fall 10% each year to come. The 599 and 430's AND 360's are coming down hard, as did the 355's when newer. The Maser will probably tank even more each year. Not sure about the Porsche Turbo though. Can it bottom out ?
     
  10. senna21

    senna21 F1 Rookie

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    #10 senna21, Oct 23, 2008
    Last edited: Oct 23, 2008
    I think anything is possible. Have you seen Boxster or 996 prices? Give this a read ( http://www.ferrarichat.com/forum/showthread.php?t=215411 ). I think everything is going to be in for a correction. In the early Nineties there was a bubble in the Ferrari market. There's one there now. As the newer mass produced car prices drop it'll push the older ones down further. The age of "bling" is over. The age of "Thrift" may be coming. You know getting off living on credit, living within your means.
     
  11. davem

    davem F1 Veteran
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    dave m
    #11 davem, Oct 24, 2008
    I would agree if you lived here up north and can't enjoy the car now. Id would also look at cheap 360's at that price point. Though they will be more, 80ish on up, they will save you over the long hual by being more reliable than a 355 imho. Yes, you can wait til all cars depreciate more, but life keeps going by ya....
     
  12. bryanc4

    bryanc4 Formula Junior

    May 22, 2008
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    Bryan
    #12 bryanc4, Oct 25, 2008
    just got rid of a 28k mile 2005 turbo cab 100k certified and struggled to scracth $72500... 02 coupe with 30k miles will pull 35k and it'll be a tough sale especially out of warranty. good luck though.
     

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