Dgags

If it seems fair buy it. Spending months searching for a car in hopes of spending 1-2% less isn't my idea of time well spent. One persons opinion.

R_Rated

You have to be ready to buy when you're looking at these cars. The good ones do not sit for long. At all. When you're ready, be ready to strike a deal.

Archimedes

Neither a great or horrible deal in my opinion. However, if you're new to Porsche, the issue IMO isn't whether this is a good deal or not, it's whether this is the car you really want. I'd suggest getting to know what's out there, the different options available, etc., before you drop $70k on any Porsche. This may be a good deal, but not the car/option mix you really wanted once you learn what else is out there. And when you're shopping, always remember. There is always another car. If I had purchased the first 991 I liked, I would have been very sorry later.

phillyred79

For a non-S, CPO'd there can be better deals that I've seen in the HFS thread. Even though it has low miles, I'd rather have 10k-20k+ for an S for similar price.. But, if you love the car and itching to buy then why not... It will be getting warmer soon!

fuddman

So, $18,000 + your 3 year old M3 gets you into a 2 year old base 911. Your net out of pocket would be 18K
The dealer thinks of your M3 in terms of its auction worth, IMO, 47K. Which means he needs to sell the 911 for at least 65K (18 + 47) to break even.
I would guess, if you took your trade off the table and offered him 68K cash for the 911, he'd take it. If you then sold your M3 yourself for 55K (very doable) your net out of pocket would be 13k (68 - 55) not the 18k associated with a trade.
Bottom line, you gain 5k by selling the M3 yourself.

LexVan

Depending on what State the OP lives in, sales tax on the $53 is about $4.5 and closes that gap quickly.

fuddman

Where'd you come up with 53?
If you mean the 55 you get when you sell the M3, the buyer pays the sales tax.

LexVan

If Chapter_11 trades in the M3....he's getting $53 on trade-in, right??

8.5% sales tax = $4,500ish (here in Illinois, you get this offset when trading in a car on a dealership purchase)

wsjchoi

Don't think it's a bad deal, but if you go for a 2013~14 with a wee bit more mileage, you may be able to pick it up for less
Unless you love this particular one

R_Rated

I think this is the case in any state as the tax in only on the difference.

LexVan

Several states exclude it, California, for example.

R_Rated

I thought that was it's own [broke] country now?

chapter_11

yes - in texas you only pay sales tax (6.25% in this case) on the net purchase price (sales price of new car less trade in allowance). You would be surprised how close the variance on a dealer trade versus third party sale is.

pitt911

One suggestion I have is to test drive a base 911 and a 911 S to compare power
I owned a 2015 M3 and that thing had a lot of torque
I also owned a 911 S for few months , but have test driven the base 911 on several occasions
if you are a torque kind of guy , you might like the S better and for the same money you might be able to get an S may be a year older with a little bit more miles
if you decide on this car, definitely ask them to throw a ppi at a porsche dealer in town ; they will tell you we ran through our shop, but that means nothing

fuddman

God bless Texas!