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HOT FOR SALE: Pick of the Week 991

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Old 01-22-2017 | 11:28 PM
  #7201  
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Has this one been posted? Seems like a decent deal on a well-optioned '14 C2S; just needed leather interior. The listing indicates manual, but the options list and photos show that it is PDK.

http://locator.porsche.com/ipl-custo...ff2e1b&url=usa

https://admin.porschedealer.com/repo...AB2A99ES122925

Edit to Add: Another well-equipped '14 GR C2S, but this one has leather interior!

http://locator.porsche.com/ipl-custo...0b95c8&url=usa

https://admin.porschedealer.com/repo...AB2A96ES123000
Old 01-23-2017 | 07:35 AM
  #7202  
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http://locator.porsche.com/ipl-custo...ff2e1b&url=usa

Not the end of the world perhaps but that first Guard Red car just posted was a Porsche demo vehicle. Never titled. I'm not entirely sure what sort of usage that entails. Dealer loaner? Test track whipping boy? Driven around by a PCNA exec for a few years?

Anyone know how the factory demos are used?
Old 01-23-2017 | 10:08 AM
  #7203  
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2013 CPO 4S
22k mi $80k

http://www.prestigeimports.net/inven...ab2a95ds121009










Old 01-23-2017 | 11:54 AM
  #7204  
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Originally Posted by STG
I've always wondered that too. I know you can lease pre-owned cars. How common? Not sure.
Back in 2015 when I was doing my search, I was told by the dealer that it was possible to lease a CPO, but I never investigated it any further.

Last edited by ecstratrd; 01-23-2017 at 11:55 AM. Reason: correction
Old 01-23-2017 | 12:04 PM
  #7205  
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Originally Posted by passat774
Will most dealers lease a CPO like the one listed above?

Certified Pre-Owned 2014 Porsche 911 Carrera 4S Cabriolet LEASE FOR $1,449
I leased a 97 C2 Coupe in 98 with 4k miles on it. My biggest mistake was not buying it at the end of the lease and sealing it up with 8k miles on it.
Old 01-23-2017 | 12:51 PM
  #7206  
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A lease is just a balloon loan. You can "lease" a lot of things including real estate. Just have to be careful whatever you take under a balloon still has collateral value at maturity. You can also "lease" classic cars.
Old 01-24-2017 | 02:21 PM
  #7207  
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Originally Posted by dd356
A lease is just a balloon loan. You can "lease" a lot of things including real estate. Just have to be careful whatever you take under a balloon still has collateral value at maturity. You can also "lease" classic cars.
And used cars can also be leased.

A question - What happens when somebody hits you in a leased car, you get it fixed properly, and yet there is still diminished value at end of lease? Who takes that risk? If they do not charge you at lease end, is the cost of that risk built into the lease? If so, the person leasing must pay the cost of that diminished value, whether they need it or not, right? ...just curious.
Old 01-24-2017 | 02:26 PM
  #7208  
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Originally Posted by 09RedGTS
And used cars can also be leased.

A question - What happens when somebody hits you in a leased car, you get it fixed properly, and yet there is still diminished value at end of lease? Who takes that risk? If they do not charge you at lease end, is the cost of that risk built into the lease? If so, the person leasing must pay the cost of that diminished value, whether they need it or not, right? ...just curious.
In a leased car gap insurance is usually already provided. You and the dealer already settle on the residual/diminished value before signing the lease contract. It's my understanding it is the risk of the dealer if you were to return the car (repaired) after being in an accident. Otherwise they wouldn't include gap insurance to cover themselves IMO.
Old 01-24-2017 | 03:01 PM
  #7209  
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Originally Posted by 09RedGTS
And used cars can also be leased.

A question - What happens when somebody hits you in a leased car, you get it fixed properly, and yet there is still diminished value at end of lease? Who takes that risk? If they do not charge you at lease end, is the cost of that risk built into the lease? If so, the person leasing must pay the cost of that diminished value, whether they need it or not, right? ...just curious.
As said, gap insurance is usually mandatory and rolled into the lease rate.

A dirty secret about it is that it usually covers "cap" which is not including your downpayment (downpayment, including trade-in value, is cap reduction). That is how people lose their downpayment on leases. Better do security deposits when available which have similar financial mechanics but do not reduce insurance amount covers.
Old 01-24-2017 | 03:22 PM
  #7210  
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From someone that just went through this, read your lease agreement. The risk of an accident is on the lessor, not the leasee. In the lease agreement it states that the car must be repaired with OEM materials to be made like new. I have leased several cars, and there is no GAP insurance written into the lease as far as I am aware. My wife's car was totaled and although we didn't have GAP insurance, I was able to negotiate with the insurance an amount that exceeded my lease payoff.
Old 01-24-2017 | 03:27 PM
  #7211  
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2013 C2S with only 10K miles and CPO warranty. $45K off MSRP. Just hit the lot.

Asking $79,994.00

Call Nick for the low down!

Attachment 1128777Attachment 1128780Attachment 1128779Attachment 1128778Attachment 1128781

Nick Kopp
Porsche Exchange

Porsche Certified Brand Ambassador

Email: nkopp@4porsche.com

Phone: (847) 266-7000
(847) 266-7000

Attachment 1128784

http://www.4porsche.com/staff/nick-kopp/
Old 01-24-2017 | 07:36 PM
  #7212  
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http://www.ebay.com/itm/2012-Porsche...m=132074783098

Rare 2012 Ruby Red S, well equipped and under 65k.
Old 01-24-2017 | 07:56 PM
  #7213  
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Originally Posted by dd356
http://www.ebay.com/itm/2012-Porsche...m=132074783098

Rare 2012 Ruby Red S, well equipped and under 65k.
$62,725 asking price, 35,000 miles, CPO.
Direct link to the selling Porsche Dealer, http://www.porscheofmpls.com/certifi...3593670176.htm

Has an accident history (but still CPO..?). Decent build.

Price would be good without the accident history and the CPO, not sure how 'hot' it is with a front end collision in it's past.

Old 01-24-2017 | 08:27 PM
  #7214  
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Originally Posted by pfbz
$62,725 asking price, 35,000 miles, CPO.
Direct link to the selling Porsche Dealer, http://www.porscheofmpls.com/certifi...3593670176.htm

Has an accident history (but still CPO..?). Decent build.

Price would be good without the accident history and the CPO, not sure how 'hot' it is with a front end collision in it's past.

Pretty car, though!
Old 01-24-2017 | 09:36 PM
  #7215  
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A bit more clarification from the dealer on the Ruby Red car... CPO is the remaining CPO pass-through from the previous owner, not a new CPO being offered. A bit over a year left. No further documentation on accident. Nice car, but I fear the new owner will have a tough time if/when they decide to sell it down the road... Would be a decent price for a dealer sale with full CPO and without accident history, but I'm not sure the price works as a half-term-CPO with a carfax accident history am and no further repair documentation...

Last edited by pfbz; 01-25-2017 at 12:15 AM.


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