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mikefocke · 04-01-2010, 05:35 AM

My standard is to go to www.cars.com and do an advanced search for the entire US of the model year I'm looking at. For '05 S models I see two clusters. Some around $36k and some around $28k. Next I consider that those are asking prices so I discount them 5-10%.

All this tells me I would pay no more than $29k for a very good condition car and the CPO would add no more than $2k to that (dealer cost IIRC is $1900 plus inspection cost plus fixes costs). I bought both my Boxsters for $4k each under what the online estimators said should be the price...in each case looking for a motivated seller.

Maybe your area of the country is higher. Of course since the car may be under water by now.....

04-01-2010, 05:35 AM	#4
mikefocke Registered User Join Date: Aug 2005 Location: Sanford NC Posts: 2,537	Those prices seem awfully high My standard is to go to www.cars.com and do an advanced search for the entire US of the model year I'm looking at. For '05 S models I see two clusters. Some around $36k and some around $28k. Next I consider that those are asking prices so I discount them 5-10%. All this tells me I would pay no more than $29k for a very good condition car and the CPO would add no more than $2k to that (dealer cost IIRC is $1900 plus inspection cost plus fixes costs). I bought both my Boxsters for $4k each under what the online estimators said should be the price...in each case looking for a motivated seller. Maybe your area of the country is higher. Of course since the car may be under water by now.....