Which would you buy?
10-20-2006, 07:28 PM
#16
Three Wheelin'
I think $56k is a rip off for a non S. You can pick one up in the U.S for way cheaper and bring it back. At least $10k cheaper including duties taxes etc.
10-20-2006, 07:37 PM
#17
Rennlist Member
If you do not plan on acquiring a 'keeper' - but choose to flip it over in two years .... buy on low price w. a PPI for a 'driver': "go south ( of the border) young man, go south ...."
10-20-2006, 08:54 PM
#20
Instructor
Join Date: Jul 2004
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Personally, I think you need to answer the question for yourself. I'm sure that the black car has had some pretty tasteful mods/upgrades performed and if you plan to do any mods to the silver car you will also have to factor that cost into your decision. Mods are not cheap by any stretch so if the black car has already had some of the important goodies taken care of such as suspension, exhaust, etc. than you will be ahead of the game. But again, it really comes down to your own personal preference and choosing the car that you prefer.
Drew
Drew
10-20-2006, 09:39 PM
#21
Intermediate
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The black seems like a better value, to me, especially if you plan to drive it odten. What I don't understand is why 993s are so expensive in Canada. I recently purchased a 97 C2S for $38~K, and I thought I payed about the right price. $50K+ seems much too high to me.
Or perhaps I should sell my car in Canada.
Or perhaps I should sell my car in Canada.
10-20-2006, 09:47 PM
#22
Rennlist Member
I'll be in the market for a TT in the new year and historically, I never keep my cars longer than a year and although that is now changing, especially since owning a 993 has been like finding the holy grail of cars for me, I nevertheless have lots of experience getting in and out of cars and buying cars in the US. Here's my 2c:
If you can manage to extend yourself further, but the TT from the US now. I've been monitoring the market and I'm confident I can get one with around 40k mi for around $60 to $70 USD, especially around winter time. Not much more than the $50 for the C4Ss you're looking at, relatively speaking.
Buying either of those C4Ss make sense over getting a comparable car in the US. A low mileage C4S in the US won't be much cheaper and you'll have to pay around $5k in duty, transport and import fees (and whatever your time and patience is worth). As for which one, buy the one you like the most and forget about resale as they will both bring the premium that these cars command. More importantly, I would want to love what I get into every day, especially if you're going to commit to it for two years.
A third alternative is to buy a higher mileage C4S form the US. Good condition C4Ss with 60k mi plus have sold for as low as high $30s. In two years, you'd probably get your money back (including taxes and duty) if you bought a car like that in the US and sold it here in Canada. If I were to sell my car today, which I bought very well in the US and despite having spent about $5k on it already, I would still either get all my money out or make a profit on it.
Hope this helps.
If you can manage to extend yourself further, but the TT from the US now. I've been monitoring the market and I'm confident I can get one with around 40k mi for around $60 to $70 USD, especially around winter time. Not much more than the $50 for the C4Ss you're looking at, relatively speaking.
Buying either of those C4Ss make sense over getting a comparable car in the US. A low mileage C4S in the US won't be much cheaper and you'll have to pay around $5k in duty, transport and import fees (and whatever your time and patience is worth). As for which one, buy the one you like the most and forget about resale as they will both bring the premium that these cars command. More importantly, I would want to love what I get into every day, especially if you're going to commit to it for two years.
A third alternative is to buy a higher mileage C4S form the US. Good condition C4Ss with 60k mi plus have sold for as low as high $30s. In two years, you'd probably get your money back (including taxes and duty) if you bought a car like that in the US and sold it here in Canada. If I were to sell my car today, which I bought very well in the US and despite having spent about $5k on it already, I would still either get all my money out or make a profit on it.
Hope this helps.
10-20-2006, 09:50 PM
#23
Rennlist Member
PS - all of the above is under the assumption that the two cars in question are C4S cars. You didn't specify but I know that is specifically what you've been looking for right?
10-21-2006, 01:11 AM
#25
Instructor
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Seeing as you are in Canada and will pay 6% GST (tax), you must take into consideration that the tax is lost forever and if you really intend on upgrading to a turbo in 2yrs, you should wait or just take the hit and buy it now. Buying the C4S now, you'll pay the $2400 in tax and then pay another 6% when you buy the turbo. $2400 is alot of money.
10-21-2006, 05:38 AM
#28
if you are going to move to a TT in two years you might as well do it now...as these cars age, the price delta between a NA and a TT I think will only increase, in addition to you having to pay sales/gst taxes twice. in addition to price trying to find cars in better condition becomes increasing more challenging. if you can't swing the price now and will sell in 2-3 years, you should go with the cheaper one assuming well-maintained and good recordes, as you will take a relatively smaller depreciation hit... and the highly optioned one will be easier to sell.
