Sold my car!! :(
#1
Drifting
Thread Starter
Sold my car!! :(
Well, I usually only keep my cars for a year at the most. It's been just over a year with the Turbo and I decided with the economy what it is vis-a-vis gas prices, and my car going on 8 years old, I'm gonna get out while I can minimize my loss, as it still has a year left on the CPO. Anyhow....
I bought the car AT the Porsche dealer a year ago WITH CPO for $65k.
The car needs new rubber all the way around and $1000 worth of body work (bumper painted and 3 dings in the hood). The guy accepted my asking price of $57k and is going to replace the front tires AND pay for the body work. All I have to do is replace the rears.
He's flying out from detroit to pick it up, next week.
I need help deciding on a new car now. Ok, don't freak out, I'm thinking '07 335i or 2002-2004 M3.
I bought the car AT the Porsche dealer a year ago WITH CPO for $65k.
The car needs new rubber all the way around and $1000 worth of body work (bumper painted and 3 dings in the hood). The guy accepted my asking price of $57k and is going to replace the front tires AND pay for the body work. All I have to do is replace the rears.
He's flying out from detroit to pick it up, next week.
I need help deciding on a new car now. Ok, don't freak out, I'm thinking '07 335i or 2002-2004 M3.
#4
Drifting
Thread Starter
That's what def one of the factors I thought about. My plan is to own a car like this, spend less than $40k, better yet if I could find something for less than $30k, and in a couple years, look at going 997S or even Turbo.
Other cars I was thinking about were, 135i (but don't want something brand new), 2007 Acura TL Type-S.
#5
#6
Drifting
Thread Starter
I'm only getting about 13MPG and who knows where gas prices are going and how hard it's gonna be to sell in a year, OUT of CPO with a possibly worse economy.
I've owned the Turbo for a year and I just think it's a good time to let her go. This is not easy...
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#8
Drifting
Thread Starter
Don't mean to fear-monger tho!!
#10
Drifting
Thread Starter
Ya.. I actually don't think $8k is a lot when you're talking about a car that was purchased for $65k, especially when looked at it this way: It's a year older, 8k more miles, a year LESS of warranty and sold private as opposed to at a Porsche dealer. If you do the math, I think I'm doin' ok, especially considering I would have to buy new front tires, as well as spend another $1000 to fix the bumper and hood.
These are, after all, depreciating assets. The more you pay, the more it depreciates.
#13
Three Wheelin'
If your choice is an M3, or 335 why not go for an 04 C2 911? About the same price and still a P-car. P-car and M3 are going to get about the same mileage.
#14
Ironman 140.6
Rennlist Member
Rennlist Member
#15
Gas prices are definitely creating issues. Funny thing is I'll get better mileage when I replace the E55 with the 2002 C4 cab I'm having inspected. Good luck with the next move.