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Old Nov 8, 2015 | 11:15 AM
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Default CPO Pricing

I'm looking at 2015 C2S with 5k miles on it. The car has nearly every option and had a sticker a little above $129k. The car is CPO's until 2020. They are asking $103k, is this a good deal or is there some room to negotiate?
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Old Nov 8, 2015 | 11:20 AM
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Again?
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Old Nov 8, 2015 | 11:34 AM
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Why not just spec the car you want and have a dealer locate it for you. If you don't want to spend the money then don't buy a car.
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Old Nov 8, 2015 | 11:53 AM
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I'm just asking if price wise this sounds like a good deal?
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Old Nov 8, 2015 | 11:55 AM
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Are you actually going to buy a car?
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Old Nov 8, 2015 | 12:01 PM
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Yes, fantastic deal. Buy it.
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Old Nov 8, 2015 | 12:02 PM
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Originally Posted by jw1977
I'm just asking if price wise this sounds like a good deal?
Have you not listened to the advice I've given you numerous times before???

Starting a new thread for every random question that comes to mind doesn't help your cause, and people are LESS willing to help you (including myself). Even if I did give you advice, it would be a waste of my time, much like what I'm writing now. I try and control myself, but this is toooooo much.

I'm starting to think you're just doing this to irritate people.

If you're serious, PM me and I'd like to discuss where you're coming from. I'd even call you on the phone.
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Old Nov 8, 2015 | 12:03 PM
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Originally Posted by Yard Dog
Are you actually going to buy a car?
Not until the 991 turbo sits for 1 year on the lot, is around $100k, and offers the best bang for his buck.
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Old Nov 8, 2015 | 12:04 PM
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I'm not trying to irritate people. Are you guys going to start doing this for every thread on this board? I mean every topic has been discussed a million times if you want to start being like that.
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Old Nov 8, 2015 | 12:07 PM
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Originally Posted by gbree
Not until the 991 turbo sits for 1 year on the lot, is around $100k, and offers the best bang for his buck.
But if it sits on the lot for a year, will it need an oil change, all new fluids, a paint correction to fix all the bird droppings, and an exterminator to get rid of the rodents that made the car their new home?
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Old Nov 8, 2015 | 12:10 PM
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Back to your question, look at 2012.5/2013/2014's.

You will get more bang for your buck. 10K miles or less, CPO, and under $90K!! My FREE advice!

If you're crazy about this 2015, I'd shoot for no less than $30K off sticker.
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Old Nov 8, 2015 | 12:10 PM
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In all seriousness, I think if you could get it for $97k, you would have a great deal. At the end of the day, no one knows if they're going to negotiate. Just go over there and try!
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Old Nov 8, 2015 | 12:14 PM
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Seriously, start a thread named "Jw1977's car search" or something like that and post all your questions there.

Take 5yrs to find a car then. Who cares. Post a new response on your thread, it goes to the top. What else could you ask for??
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Old Nov 8, 2015 | 12:33 PM
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Thanks to the people that actually gave some advice. I'm going to try to see if I can get close to the 97k.
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Old Nov 8, 2015 | 12:43 PM
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Originally Posted by jw1977
I'm looking at 2015 C2S with 5k miles on it. The car has nearly every option and had a sticker a little above $129k. The car is CPO's until 2020. They are asking $103k, is this a good deal or is there some room to negotiate?
A general rule of thumb is a car depreciates by 10% from the dealer's cost of the car the moment it is driven off the showroom floor.

Then it depreciates another 10% every year the next year's models arrive at the dealer.

In the case of this car it is a 2015, which means it was probably built/sold in 2014. I have not kept abreast of prices but assume the dealer gets the car for 87% of sticker.

Thus the dealer paid $112.2K for the car. Then the moment the new owner drove the car off the showroom floor the car depreciated to $101K. The next year's models arrived and the car depreciated another 10% to $90.9K.

Based on the above, I would believe there is some room to negotiate. 'course, it doesn't take a rocket scientist working the "formula" above to know any used car is priced quite optimistically and a reasonably adept used car buyer can get a better price.

Remember: Price is not fact only an opinion.
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