result of PPI FOR BUYING 1997 WITH 30K MILES PART 2 please help!

[Lil bastard]

My final word on this is that you have to sit down, take a breath and realize that this is a luxury buy. You do not absolutely need it, nor do you need it TODAY!

Look at other '97's, with higher mileage. Take the difference in price and divide that by the difference in miles - that'll be how much you're paying for the 'unused' miles.

While it's true people over-value their cars, it's the best negotiator who wins in the end. Think about how long it took you to earn this money (or how hard you'll have to work to pay the loan) and negotiate from that basis. You have something the seller wants - money. The seller has something you want, but he's not the only source of satisfying your desire. The buyer has the edge. Sure the seller can refuse, so what? You just have to find another one and as far as the Boxster is concerned, there's no shortage of them.

In the end, you have to do what you think is best. No one here can tell you what to do. It's good you're seeking advice, but in the end, you have to intepret this advice and act as you see fit. Good luck!

[ART07154]

Originally Posted by Lil bastard

My final word on this is that you have to sit down, take a breath and realize that this is a luxury buy. You do not absolutely need it, nor do you need it TODAY!

Look at other '97's, with higher mileage. Take the difference in price and divide that by the difference in miles - that'll be how much you're paying for the 'unused' miles.

While it's true people over-value their cars, it's the best negotiator who wins in the end. Think about how long it took you to earn this money (or how hard you'll have to work to pay the loan) and negotiate from that basis. You have something the seller wants - money. The seller has something you want, but he's not the only source of satisfying your desire. The buyer has the edge. Sure the seller can refuse, so what? You just have to find another one and as far as the Boxster is concerned, there's no shortage of them.

In the end, you have to do what you think is best. No one here can tell you what to do. It's good you're seeking advice, but in the end, you have to intepret this advice and act as you see fit. Good luck!

Thank you for your advice.I am still searching I have until Monday to pay the seller(I am already spend $185 on PPI)It's been about 2 monthes of searching for me so far I 've not meet Boxster's owner with low miles willing to sell their car close to $10k range.I did carfax,PPI,seeking advice from Boxster board.This will be my weekend vehicle I hope I will find private owner willing to sell his car for KBB or edmunds guidline but If it has a low miles and taking good care they will want more money.

[Aron in Toronto]

As others have said you can always offer a lower price and and if the seller refuses, you can always walk, then come back a week later and raise your offer or meet him at his price, assuming no one else picks it up. He might even be the one picking up up the phone to call you.

I bought a pre-owned daily driver last week and in my case I was undecided between buying new or slightly used. This worked to my advantage, as the seller needed a buyer more than I needed to buy his car. I was firm on my offer and he kept calling me back, dropping his price each time until he was at my original offer. In the end I bought the car at 50% of what he paid for it new 2 years ago.

On the other hand (there's always another hand), it's a lot of car for $10.1k. I happen to have a '97 w/ ~35k mi and I'd have to be in pretty bad shape to let it go for that price.

I'd give him a week and see if he softens up on his price, if not I'd probably go ahead and buy it assuming it is the one you really like, and you don't find something better in the meantime.