Check out this 992 GTS Targa
Thread Starter
Rennlist Member
Joined: Oct 2002
Posts: 5,237
Likes: 6,291
From: Fairfax County, Virginia
Check out this 992 GTS Targa
On the floor at Chantily Porsche, has 607 miles on it. Paint to Sample Plus is a $ 32,000 option!
https://www.porschechantilly.com/use...BB2A91PS233783
The owner of this car waited a year and a half for it, and it had a bad ECU in it. In order to change the ECU, the engine has to come out and the owner appartently was not comfortable with that and demanded Porsche buy back in the car. He was accommodated, plus he got an allocation for another, I was told. The dealership them replaced the ECU and bought the car from Porsche USA, where they will sell it to some sucker for a ridiculous price.
It's crazy out there.....these are becoming SOMETHING other than cars that you drive.
I don't get it.
https://www.porschechantilly.com/use...BB2A91PS233783
The owner of this car waited a year and a half for it, and it had a bad ECU in it. In order to change the ECU, the engine has to come out and the owner appartently was not comfortable with that and demanded Porsche buy back in the car. He was accommodated, plus he got an allocation for another, I was told. The dealership them replaced the ECU and bought the car from Porsche USA, where they will sell it to some sucker for a ridiculous price.
It's crazy out there.....these are becoming SOMETHING other than cars that you drive.
I don't get it.
Last edited by drcollie; Sep 18, 2023 at 06:02 PM.
Popular Reply
Sep 18, 2023, 10:29 AM
Drifting
Joined: Jun 2021
Posts: 2,076
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From: Westchester NY
Should we send the link to Porschewiseguy? He wanted PTS and he likes over-spec'd cars.
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Thread Starter
Rennlist Member
Joined: Oct 2002
Posts: 5,237
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From: Fairfax County, Virginia
I discovered this the hard way years ago when I bought a nearly new BMW 135 Convertible that was a lemon law buyback due to the gauge cluster. I paid cash for the car, and it never had an issue, when I went to sell it a couple years later there were no buyers. Every private party wanted to finance it, but could not get a loan due to the title. Not even Car Max would take it. Eventually a wholesaler in Florida that did in house financing bought it but I took a big hit on it, coughing up 1/3 the price of a non issue car. The thought of that had never occurred to me until I experienced it first hand.
A lot of these Porsche dealers are looking for a sucker play. And they only need one to move the unit. It should be steeply discounted, instead its hugely inflated.
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Racer
Joined: Sep 2015
Posts: 479
Likes: 359
Correct. One huge hurdle is banks wont finance a car with a buy-back title. Perhaps Porsche Financial will, but other than that its a cash deal car with a big number on it.
I discovered this the hard way years ago when I bought a nearly new BMW 135 Convertible that was a lemon law buyback due to the gauge cluster. I paid cash for the car, and it never had an issue, when I went to sell it a couple years later there were no buyers. Every private party wanted to finance it, but could not get a loan due to the title. Not even Car Max would take it. Eventually a wholesaler in Florida that did in house financing bought it but I took a big hit on it, coughing up 1/3 the price of a non issue car. The thought of that had never occurred to me until I experienced it first hand.
A lot of these Porsche dealers are looking for a sucker play. And they only need one to move the unit. It should be steeply discounted, instead its hugely inflated.
I discovered this the hard way years ago when I bought a nearly new BMW 135 Convertible that was a lemon law buyback due to the gauge cluster. I paid cash for the car, and it never had an issue, when I went to sell it a couple years later there were no buyers. Every private party wanted to finance it, but could not get a loan due to the title. Not even Car Max would take it. Eventually a wholesaler in Florida that did in house financing bought it but I took a big hit on it, coughing up 1/3 the price of a non issue car. The thought of that had never occurred to me until I experienced it first hand.
A lot of these Porsche dealers are looking for a sucker play. And they only need one to move the unit. It should be steeply discounted, instead its hugely inflated.
https://www.carfax.com/VehicleHistor...GRlmaMkrRarO1o
Three Wheelin'
Joined: Feb 2016
Posts: 1,568
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It was probably bought back by the dealer not Porsche, so it doesn't have a buyback title. I think automakers will incentivize dealers to buy back cars in some circumstances to avoid a branded title. I had a BMW bought back after two HPFP failures, the dealer contacted BMW on my behalf to request a buyback, but when I turned the car in the check came from the dealer and just like this car it was eventually put up for sale as a CPO with a clean carfax. The market for that car was not like to current Porsche market, so the dealer would have taken a loss on that deal, unless BMW was subsidizing the buyback.
Last edited by malba2366; Sep 18, 2023 at 10:26 AM.
Rennlist Member
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From: Midwest
An engine coming out is not a big deal.
I was part of the 2014 GT3 release when the first 750 or so GT3s were held at port for 4 to 6 months while they replaced every single engine.
It was disaster but Porsche made me whole
I was part of the 2014 GT3 release when the first 750 or so GT3s were held at port for 4 to 6 months while they replaced every single engine.
It was disaster but Porsche made me whole
Burning Brakes
Joined: Apr 2023
Posts: 1,040
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I wonder if the dealer is confused about the color. The car looks lighter than racing green metallic. Also, racing green metallic was on the 992 PTS palette, and not a color for which one needed to request PTS Plus.
