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Old 12-31-2010, 10:01 PM   #4
thstone
Certified Boxster Addict
 
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
If you are looking at BUYING the car from the dealer, it will be priced at "market" value. This is based on what the dealer thinks that he can get someone to pay based on new car prices and used car prices. There isn't any "blackbook" or "greenbook" pricing and even the Kelly Blue Book will be ignored - the price is entirely based on what the dealer thinks they can get.

If you are looking at SELLING OR TRADING IN your car to the dealer, then the price they offer will be based on auction prices which may differ from Kelly Blue Book pricing.

It your example, it sounds like you're looking at buying used car from the dealer and have seen the price go down a bit. That is because the car hasn't sold and the dealer is adjusting the price to try to get it sold.

Also, the car seems to be priced somewhat under Kelly Blue Book Retail, but that is to be expected for a used luxury car in the middle of a severe economic recession.

Luxury used car prices have mostly fallen through the floor over the past 3 years and this has hit Boxsters even more so because they are expensive to maintain/repair, online forums are filled with story after story of engines blowing up because of poor design, and are they not thought to be a primary vehicle for most people. Bam, bam, bam - and the used car price goes way down.
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1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor

Last edited by thstone; 12-31-2010 at 10:08 PM.
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