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Old 01-05-2016, 02:16 PM   #7
Perfectlap
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Join Date: Nov 2004
Location: New Jersey
Posts: 8,709
Quote:
Originally Posted by johnrhopkins View Post
I just got what I would call a less than detailed PPI report. I called to discuss it, but they weren't readily available. Hope to chat with them later today.
It is for a 2002 Boxster S.
Do you dee any red flags?

Cosmetics:
A/C Display LCD is faulty
Gauge cluster display minor fault
Right rear tire wear
underbody panel small crack on drivers side
3rd brake light some bulbs out
front windshield wiper trim lifted a tad

Drivetrain:
Right axel seal small leak
CV axel boot small tear
transmission mount normal wear
engine great
transmission great
Was the seller previously in the business of rating mortgage securities circa 2008?
Although in his defense he provides better guidance here.

What is the mileage?

If you are serious about this car, have a reall PPI done and be sure to include a leakdown and compression test. Use the test results to guide your counter offer price.

My general rule is the higher the mileage, the longer the list of repairs that have already been taken care of needs to be. A car with moderate to high miles that hasn't had many repairs billed as "needs nothing" is dubious. And you want to see at least one oil change per year regardless of how low the mileage is. If that can't be documented, I would be leary about paying up, if not walking away entirely. There are two things a Boxster needs, regular oil changes and minding of the cooling system (hence leak down and compression testing).
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