what is better buy ?
#1
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Hi guys , I am about to buy my 1st dream and can't decide which one . 1st one is 05 grey full 2years CPO with 42000km (not miles ) and 2nd one is 08 2S black with 85000km on it, no CPO , they are from Pfaff Porsche dealer in Toronto and only about 2000$ difference , pls help me out thanks .
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Last edited by 6speedken; 01-09-2012 at 05:43 PM.
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#6
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I would lean towards the 08 C2S and get an extended warranty. Have you had a PPI done on either? How about their options? The 05's has the older IMS issue to deal with... check with the dealer to see if it has an LN Engineering retrofit already. http://www.lnengineering.com/ims.html If not then you'll need to spend an extra $1-2K for the retrofit at some point before the Porsche warranty expires anyways. In '06-'08 Porsche used a different IMS with larger bearings.
Ask the dealership for a DME report. That will tell you how many hours on the engine. I suspect the higher mileage '08 is driven mainly on highways = easy miles for a 997.1. Would also indicate if the engine has been over rev'd and possibly abused.
Ask the dealership for a DME report. That will tell you how many hours on the engine. I suspect the higher mileage '08 is driven mainly on highways = easy miles for a 997.1. Would also indicate if the engine has been over rev'd and possibly abused.
#7
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Find out if they will CPO the 08. Expect to pay an extra 3,000 for that but well worth the piece of mind. I'd spend a few $ extra and get the newer one with the extra horsepower of the "S" otherwise you may have buyers remorse. BTW the "rule" is to buy the newest Porsche you can afford not the most expensive, although the two often go hand in hand. Good luck!
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Low mileage on older cars is not necessarily a good thing. These cars benefit from use.
#9
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Another factor to consider is how much do you want to drive the car.
Logically you would prefer a high millage car if you drive less and a low millage car if you drive more, so when it comes to the point of selling you would be closer to the "optimal millage" for the year. I'd prefer the 08
Logically you would prefer a high millage car if you drive less and a low millage car if you drive more, so when it comes to the point of selling you would be closer to the "optimal millage" for the year. I'd prefer the 08
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Thank you every body for the advise , another question is , is it necessary to do independant PPI eventhough car is from very reputable Porsche dealer , I will ask for DME report as USMC_DS1 mentioned it .
#14
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In my case it saved me $1,300 and some upfront repair issues. My '08 C2S was sold with warranty and CPO but I still insisted on a PPI. The indy found a broken tail pipe($600 to replace and not an item covered by warranty/CPO) plus a RMS leak(covered by CPO but I liked having it 100% upfront before I purchased it). BTW, the dealer insisted that a PPI was unnecessary and tried to dissuade me from doing a PPI as the car was "pristine", under warranty/CPO, blah blah blah, etc... my indy did find a few things wrong so I negotiated another $1000 off our agreed to price for my troubles and their lack of competency/honesty re these issue. So Savings of $1,600(tailpipe+additional negotiated discount)-$300(out of pocket for PPI) = $1,300 savings. RMS replaced upfront + negotiating leverage + Peace of Mind = PPI was priceless. I felt like I did my homework, got the best price possible, and don't have any buyer's remorse as a result... Good luck with the purchase.
#15
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I've heard this before and I just don't understand why anyone would give this advice (unless one is a Porsche dealer). It seems like a recipe for eating the most amount of depreciation possible. For some people, the price of a 911 (even a new higher spec one) is no big deal and so it makes sense for them - and frankly a lot of them buy new and don't worry too much about what advice the web might give them. Anyone buying used is at least somewhat interested in value and getting the biggest bang for their $$. For some that means a young car, for others an older, more fully depreciated car makes more sense. In total cost of ownership, there is a wide range within the 997 model. For example, let's say you want to keep a car for 3 years. You could buy a 2005 C2S for $40-45K, spend $2K on maintenance and sell it for $30-35K in 2015. Total cost of ownership: ~$12K. Or you could buy a 2011 C2S for $80K, spend $1K in maintenance and sell it for $55-65K in 2015. Total cost of ownership: $20K+. That can make a big difference depending on budget and it depends what one is trying to get out of the car. I could have afforded a new C2S but I chose last year to buy a 2006 C2S because I didn't want to invest a lot of money in a weekend toy.