View Poll Results: 06 997S new vs 05 997S used for 10k$ less
i would buy a new 997S
58
59.79%
i would buy a used 05 S and pay approx. 10k dollars less
39
40.21%
Voters: 97. You may not vote on this poll
poll:997S..new vs used
Race Director
Joined: Oct 2004
Posts: 13,000
Likes: 24
From: KC ex pat marooned in NY
I had a similar, but opposite experience. the first p car I speced out and ordered was a rather spartan C2, I was in a little sticker shock at the price of options. While waiting for the car I really had second thoughts, when it came in,so did a C4S speced out almost to a tee in what I originally wanted. They made me a sweet deal and somebody else got the C2.
So much happier I ended up with what I really wanted all along.
So much happier I ended up with what I really wanted all along.
Thread Starter
Burning Brakes
Joined: Feb 2005
Posts: 830
Likes: 0
Originally Posted by Alexander Stemer
There are really many factors that contribute to the decision:
If it's a daily driver and you put on lots of miles, buy used. Otherwise, you will sustain that first depreciation hit over the first months of ownership.
Tip vs manual: The Tip is least likely to have sustained drive line abuse, and is therefore the safer choice
Known history: Original owner vs dealer is better for used car in my opinion
Your intent: If you flip cars often, buy used. The warranty protects you, and your decision is transient awaiting only your next whim.
The deal: Everything is relative. If it's a great deal, take the chance on used.
Your affluence: If 10 grand doesn't matter, buy new
How close to your real desire: If the used car is very much what you want, that's great. But even if the deal is good, but the car doesn't satisfy your emotional need, don't buy it. Cars are emotional more than practical. Otherwise we'd be in Kia's. If the used car will leave you dissatisfied, walk away. There is ALWAYS another car to be had. AS
If it's a daily driver and you put on lots of miles, buy used. Otherwise, you will sustain that first depreciation hit over the first months of ownership.
Tip vs manual: The Tip is least likely to have sustained drive line abuse, and is therefore the safer choice
Known history: Original owner vs dealer is better for used car in my opinion
Your intent: If you flip cars often, buy used. The warranty protects you, and your decision is transient awaiting only your next whim.
The deal: Everything is relative. If it's a great deal, take the chance on used.
Your affluence: If 10 grand doesn't matter, buy new
How close to your real desire: If the used car is very much what you want, that's great. But even if the deal is good, but the car doesn't satisfy your emotional need, don't buy it. Cars are emotional more than practical. Otherwise we'd be in Kia's. If the used car will leave you dissatisfied, walk away. There is ALWAYS another car to be had. AS
Thread Starter
Burning Brakes
Joined: Feb 2005
Posts: 830
Likes: 0
Originally Posted by Larry Harris
I made the mistake of telling my local Porsche dealer that I would buy the first 997 they got into inventory. Well they called and said it was in and I bought it. It was a base 997 coupe in Artic with the Stone interior. None of the equipment I originally wanted, and not really the color I wanted. After driving the car for 4 months (1650 miles) I am tired of it. Please don't get me wrong, the car is wonderful and a joy to drive. I wanted the S with the PSE exhaust.
If I ever get another Porsche I will order it exactly as I want, not as I find it.
Spending a huge sum of money on your dream car, and not having what you really wanted doesn't make a lot of sense. I also would not buy used. The miles accumulated on the odo do not tell an accurate history of the cars background. Buying new avoids this significant problem.
No one has ever said, "boy are you lucky to get the FIRST P car sold at your dealership".
If I ever get another Porsche I will order it exactly as I want, not as I find it.
Spending a huge sum of money on your dream car, and not having what you really wanted doesn't make a lot of sense. I also would not buy used. The miles accumulated on the odo do not tell an accurate history of the cars background. Buying new avoids this significant problem.
No one has ever said, "boy are you lucky to get the FIRST P car sold at your dealership".
Banned
Joined: Feb 2005
Posts: 15,022
Likes: 13
From: Back in the OC
Originally Posted by Larry Harris
No one has ever said, "boy are you lucky to get the FIRST P car sold at your dealership".
Originally Posted by Alexander Stemer
Tip vs manual: The Tip is least likely to have sustained drive line abuse, and is therefore the safer choice.
Pro
Joined: Jul 2005
Posts: 682
Likes: 220
From: Scottsdale, AZ
I bought my truck in Florida a few years ago and transported it to RI when I was living there. Florida law required that sales tax be paid there reguardless if the car is being shipped out of state. Sales tax is 6%, and you would have to pay the difference (if any) to your local state. You do not get re-imbursement if you have no local sales tax. The out the door price would include sales tax to Florida.
Instructor
Joined: May 2005
Posts: 202
Likes: 0
I just realized I made a huge error in the price of my car that was posted with added transport fees from another dealership in S.C.
The price on the sticker on my 05 Carrera S was $83,000. But, my dealer went the extra mile and searched every dealership in the country for the car I wanted. I live in FL .... it was found in Greeville S.C. In my last post, I indicated the transport fees were $6,000! Whoa! That was the sales tax! It only cost me $600 to transport the car. $83k+ $6k taxes, tag, title= $89,000. They gave me a small break and I ended up paying exactly $90k for the car.... tax, tag and title. That makes a bit more sense, doesn't it? Doh!
The price on the sticker on my 05 Carrera S was $83,000. But, my dealer went the extra mile and searched every dealership in the country for the car I wanted. I live in FL .... it was found in Greeville S.C. In my last post, I indicated the transport fees were $6,000! Whoa! That was the sales tax! It only cost me $600 to transport the car. $83k+ $6k taxes, tag, title= $89,000. They gave me a small break and I ended up paying exactly $90k for the car.... tax, tag and title. That makes a bit more sense, doesn't it? Doh!
Pro
Joined: Jul 2004
Posts: 703
Likes: 252
From: Scottsdale
Sales tax does not get enough discussion on this board. A word about buying used. Find out if your state charges sales tax on used cars purchased from private parties. AZ does not. Here's what I saved:
05 C2S MSRP - $104k
Including Tax $112K
w/1800 miles $ 89K (what I paid)
Sales Tax $ 0 (what I paid)
Savings $ 23K Compared to buying new
Downside is 1 yr less warranty, but I haven't kept a car for more than 13 months since 2000.
Buy the way.. The car was pristine. As 'new-feelling' as any new Porsche, BMW or Benz I've ever purchased. I don't think I'll ever buy new again (if I can help it).
05 C2S MSRP - $104k
Including Tax $112K
w/1800 miles $ 89K (what I paid)
Sales Tax $ 0 (what I paid)
Savings $ 23K Compared to buying new
Downside is 1 yr less warranty, but I haven't kept a car for more than 13 months since 2000.
Buy the way.. The car was pristine. As 'new-feelling' as any new Porsche, BMW or Benz I've ever purchased. I don't think I'll ever buy new again (if I can help it).
Chandler!
Rennlist Member
Rennlist Member
Joined: Dec 2003
Posts: 52,996
Likes: 37
From: Nashville, TN
Originally Posted by Putt-Putt
I don't think I'll ever buy new again (if I can help it).
When I'm ready to get my next Porsche I'll certainly look for a very lightly used... buy used, lease new.
ymmv,
Rob
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Joined: Jun 2001
Posts: 4,083
Likes: 54
From: dune acres, Indiana
On the sales tax issue, and specifically for states in which it is charged, here is something I think works:
In the two states I have lived, sales tax on a used car is based on your bill of sale. From a private owner, this is just a piece of paper.
Is there anything to stop you from requesting a second bill of sale with a much lower price? For every $10,000 difference, the savings will be $600 if the tax is 6%.
Does the state ever verify what was paid? AS
In the two states I have lived, sales tax on a used car is based on your bill of sale. From a private owner, this is just a piece of paper.
Is there anything to stop you from requesting a second bill of sale with a much lower price? For every $10,000 difference, the savings will be $600 if the tax is 6%.
Does the state ever verify what was paid? AS
Banned
Joined: Feb 2005
Posts: 15,022
Likes: 13
From: Back in the OC
Originally Posted by Alexander Stemer
Is there anything to stop you from requesting a second bill of sale with a much lower price?
scruple [noun]:
a feeling that prevents you from doing something that you think is morally wrong or makes you uncertain about doing it.
Cambridge Online Dictionary
Advanced
Joined: Nov 2005
Posts: 55
Likes: 0
From: Seattle Area
Originally Posted by Alexander Stemer
Is there anything to stop you from requesting a second bill of sale with a much lower price? AS
I ended getting charged more sales tax than what I actually paid for the car. So, long story short, your second bill of sale wouldn't be able to be outside the KBB norms even if "scruples" weren't an issue - so huge savings are not in the cards. At least in Washington.
Porsche Nut
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Joined: Jul 2003
Posts: 2,618
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From: CA
Originally Posted by canick
In Washington State the DMV also does a Kelly Blue Book valuation of the car. I recently bought a used Mini Cooper S for my wife and got a great deal from a private party in New Jersey, actually below KBB. Before the DMV would use a lower basis than KBB's value I had to prove that the lower price was all the car was worth (i.e., take it to an auto shop to ensure there was damages, get an assessors report, etc.) Because the car wasn't worth less and I coulnd't justify the price (other than great negotiating skills...I wish) I ended getting charged more sales tax than what I actually paid for the car. So, long story short, your second bill of sale wouldn't be able to be outside the KBB norms even if "scruples" weren't an issue - so huge savings are not in the cards. At least in Washington.
I ended getting charged more sales tax than what I actually paid for the car. So, long story short, your second bill of sale wouldn't be able to be outside the KBB norms even if "scruples" weren't an issue - so huge savings are not in the cards. At least in Washington.
