MY06 base CPO pricing help please

[gRed04]

Originally Posted by stephen wilson

What is the conventional wisdom on buying from generic used car lots? All of the Boxsters for sale at the lower end of the price scale are obviously not from dealers. Private party sales would be ideal price-wise, but there's very few out there, especially if you're looking for a particular color.

You will get lots of good advice here. The board is a great resource.

Lots of good to great deals to be had from private sellers but personally I think you are right to consider CPO cars.

If you have researched here you understand there is some risk with all Porsche engines from 99-08. Costs can be quite high if it needs to be replaced ( 5k used - you install, 13k porsche reman. - dealer install, 20k aftermarket w/install ).

While CPO will probably cost about 3k over a comparable private sale it may save you the headaches should you be unlucky and have engine issues.

Best of luck however you go.

[stephen wilson]

I also like that the 2.9% financing, only available on CPO's, offset's half of that premium, compared to a 5.75% equity loan, or even higher rate used car loan.

[stephen wilson]

Update: I got the DME report, only 18 ignitions in rev range 1, and they were mine from the test drive! I'll have to be a bit more carefull in the future!

For better or worse, I'm picking up the car Saturday. Ended up at $31,700, with the dealer installing a windstop, and free battery maintainer. I'm sure many could have done better, but it's below KBB & other estimates. Even $2K would only change my monthly by $10. My only concerns are top-up visibility, but I'm sure I'll get used to it.

Come on Weekend!

[jrp911]

Steve- Congratulations on your purchase! I just checked out the pictures on the dealer website - great looking car! I'm in a similar mode - looking for an '05 or '06 CPO car. I think you made a very wise decision going that route. And as far as the purchase price, the only important thing is that you're comfortable with it. And it looks like you got a lightly used, very well cared for car that you should be able to enjoy for a long time. Hopefully you'll have sunny, top-down weather this weekend!