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price check on 2012 991S Cab

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Old 01-24-2015, 01:36 AM
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gruve
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Default price check on 2012 991S Cab

I have an opportunity to buy a 2012 991S Cab from a friend who is moving on up to a 2015 GTS Cab in a few months when his 991S lease is up. He will sell it to me at the residual price, which is around $74k.

I own a 997.2S Cab and am not sure I want to make the move to the 991S, but putting that aside for a moment, I was hoping you guys could give me a sense of how good a price that is for this 991.

The car has full leather, PDK, Premium Package Plus w/18-way sport seats, Sport Exhaust, Burmester, park assist, sport steering wheel, painted wheels, and some other misc options. Sticker was $136k. It has around 11,000 miles on it and seems to be in great condition.

Thanks!
Old 01-24-2015, 02:04 AM
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drcollie
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Are you sure its a 2012? I thought all 991 Cabs were 2013 or better - but I could be mistaken. If you go to the 991, you'll never regret it, the hard shell top alone is worth it. $74K for a loaded 991S Cab seems to be a very good price to me.
Old 01-24-2015, 02:27 AM
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gruve
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Originally Posted by drcollie
Are you sure its a 2012? I thought all 991 Cabs were 2013 or better - but I could be mistaken.
Thanks. Yep, he got it in June/July 2012 and it's definitely a 991.

The fact that it's probably one of the first of the new model year also gives me a little bit of pause, but I haven't heard of any major glitches and of course it's still under warranty.
Old 01-24-2015, 07:54 AM
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PCSandDDS
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Great price. Do it and don't look back.
Old 01-24-2015, 08:03 AM
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chatt
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That's an incredible price!!!
Old 01-24-2015, 08:41 AM
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STG
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The 991's were introduced in 2012.5 technically and are 2012's. Both cabs and coupes.

If the car is to your liking and in great shape, for the MSRP/mileage it's a very good deal.
Old 01-24-2015, 10:35 AM
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LexVan
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Yes. Do it. IF the actual residual is that LOW. I thought residuals were stronger.

Maybe you can run the transaction through your friend's dealership and have the car CPO'd. It would be worth the extra money IMO. $2-3k extra. If they play ball.

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Last edited by LexVan; 01-24-2015 at 09:12 PM.
Old 01-24-2015, 10:48 AM
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Mumbles
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As he is still the original owner he can extend the warranty for an extra two years over the 4 yrs can't he ? or would the car have to be inspected ?
Old 01-24-2015, 01:16 PM
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Jerry991
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Great price - let us know if you decide to pass on the car.
Old 01-24-2015, 01:45 PM
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gruve
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Thanks for all the feedback.

I'll look into trying to get it CPO'd or the warranty extended. I bought a Fidelity Platinum extended warranty on my 2010 and am thinking about that option again too.
Old 01-24-2015, 06:12 PM
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Dalema
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The residual is plausible as I think this would have been a 3 year lease?

The residual will also depend on the miles, but if 5,000/year - on a 2 year lease taken out recently the residual would be around 66% or $90,000. So going to 55% with another year could make sense.

Of course - this is all on his lease paperwork anyway.

Hope you get the car - enjoy!
Old 01-24-2015, 08:30 PM
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GREAT deal
Old 01-24-2015, 08:59 PM
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I think that's a very fair price, and knowing who owned it it's also a BIG +. Go for it
Old 01-25-2015, 01:44 AM
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gruve
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I haven't driven it yet, so I honestly don't know where I will come out on this, since the 2010 is a really great car too. I've read a lot about the differences between the two models, but haven't experienced it yet firsthand.

Last edited by gruve; 02-16-2015 at 08:58 PM. Reason: edited
Old 01-25-2015, 10:24 AM
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Mumbles
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Well give it a go then and see what happens. If it feels right and you can get the extension warranty ? If you are looking in the next 12 months to move up a few years and a model, these opportunity's don't come around that often.


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