Thank Perfectlap, i will try that.

I took it for another ride today and got a guys name and number from the gasstaion i stopped at. he said he would give me $4500 for the car even if the motor is blown ..... he was a mechanic himself so......

this car seems to be a "mechanic special".

incase that doesnt work to open the trunks, anyone else have any ideas??

I dont think the valet key even has a chip inside it....or does it?

if the clicker hasn't been used for a while it will de-activate itself so a simple turn of the key will unlock the door. Make sure you get copies made. if you lose that key and have to go to the dealer for a another set you'll be looking a net loss on your car arbitrage.

What Clicker?? I only have the Valet Key for the car with no clicker on it

Anyone else have any ideas of how to open the trunks with the Valet Key?

I also cant seem to find the manual release cable behind the rear bumper?

How is valet mode even activated??

The first time I test drove the car the trunks opened just fine...... today when I test drove it again and bought it ..... they are locked!! :-(

Found a solution .... was very easy too

I could not find the manual trunk openers at the front or rear of the car so i needed to find a different solution.

for anyone that doesnt have a key with remote on it(only valet key) and has both there trunks locked by the security system:

1.) locate and remove the 3 bolts(alen) on the side of the trunk release latch Assembly. They are right next/accross to the controls for the driver seat.

2.) The entire trunk Assembly then pulls upward and out, allowing you to move the trunk lock manually and disconnect the locking servo like I did so I never have to worry about the latched becoming locked in the future.

3.) Both trunk latches will work all the time now with no worries

Link with more info =
http://www.renntech.org/forums/index.php?showtopic=2751&hl=trunk+lid+locked

It beats having to go to Porsche dealership and pay hundreds of dollars for a new key with remote on it which I could care less about having..... simple valet key gets the jobby done for me!!