Quote:
Originally Posted by 23109VC
that's a good deal.only 18,250!
I'm wondering though, as others have said - are you better off with a car that has "some" mileage vs one that has been a garage queen???
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Not from personal experience, my box has 21k on it, but from being here and reading tons before I bought (987), to answer your question: yes, more miles seems to be better for buying a box with a few years on it. The IMS failure seems to happen before 50k, or not happen. There are exceptions, addictionracing had one at 66k. RMS seems to be cured, or the engine already replaced by end of warranty.
From owing quite a few quality cars over the years, 100k miles doesn't scare me on anything. If a car has been well maintained and the body and interior are in good shape, the mechanical stuff is all replaceable at affordable prices. More miles=less purchase price= more money for mods and replacement of worn parts.
If I were looking to build a "hot-rod" I would look for a good body and interior, without worrying about the condition of the seats, as I would be replacing them. Wheels and tires? Who cares, they're gone at first light.
If, on the other hand, you are looking to keep it stock and nice and use it as a normal sports car, I would do the opposite (as I did). Save up, find the right Porsche Certified newest box you can afford. Spend your cash on a healthy down-payment and finance the rest for as short a period as affordable.
The payments for four years may well be less than what you may spend on repairs on an older box (let alone a catastrophic engine failure), you'll have a nicer car it's entire life and a greater asset to sell/trade in the future.
My payments are just under $6,000 per year and the car is factory warranteed out to 5/2012 and/or 100k miles. It had 11k miles when I bought it. I put $27k down.
I read alot of stories on here from people who spent in the $27k range for a non-Certified box and have spent $5k and 6K at a time on repairs.