Prices for used Turbo S - why are they so low?
#32
Rennlist Member
Yeah, the bottom just fell out of the used Cayenne market. Sellers have my sympathy, but it's a Good Thing for those - like me - who buy used. I paid $18k for my '05 V6 with 82K on the clock two years ago, which was a good deal then. Now, that same money would get me a newer S with about the same mileage.
GLWS
GLWS
#33
Burning Brakes
Once these cars get up in years and/or miles, buyers realize Porsche-level repairs are going to be inevitable and that's a high barrier for most. Nevertheless, I think that the $20K quoted to you is wholesale; it's a ridiculously low "what's wrong with it " retail price for a clean 06 Turbo S. It would be decent price for a daily driver base V6 955 price. Even $40K would be crazy cheap for a clean 06 TS unless it has very high mileage or worn out. I just bought my CTT last winter after shopping the AZ/NM/SoCA market pretty thoroughly, and and saw no clean 955 Turbo S for under $50K.
#34
Drifting
Once these cars get up in years and/or miles, buyers realize Porsche-level repairs are going to be inevitable and that's a high barrier for most. Nevertheless, I think that the $20K quoted to you is wholesale; it's a ridiculously low "what's wrong with it " retail price for a clean 06 Turbo S. It would be decent price for a daily driver base V6 955 price. Even $40K would be crazy cheap for a clean 06 TS unless it has very high mileage or worn out. I just bought my CTT last winter after shopping the AZ/NM/SoCA market pretty thoroughly, and and saw no clean 955 Turbo S for under $50K.
#36
If you looked at his pics the truck is a little beat up. It needs a new bumper and lower valance, and rear wiper arm is missing, I want to hear that story . Didn't look to close at the interior shots. But I am guessing it is not mint. A good repair of the bumper is going to cost 2 grand right there.
What happened to this car? Especially the front end?
#38
Im just saying I just bought one for 28 that didnt need 5-10K worth of work and has never had any paint work on the car. Once you touch it with paint your looking at 3K more in depreciation.
#39
Rennlist Member
#40
Three Wheelin'
I have to correct, the Panorama roof is 3 panels and the front two open all the way back, so it is 3x the size of the regular roof with 2x the open size. I have a slight squeak in the front of mine that I will eventually find but it works perfectly and I do lube the seals with Dow Corning 111 Silicone grease so they should last forever. I live in Washington state and doesn't leak a drop in downpours. First thing I would do with a Panorama roof Pig is purchase the Dow Corning 111 Silicone grease and lube all of the seals, nothing else will come close when it comes to rubber parts.
#41
Instructor
Join Date: Jul 2010
Location: Alpharetta (Atlanta), GA
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I have to correct, the Panorama roof is 3 panels and the front two open all the way back, so it is 3x the size of the regular roof with 2x the open size. I have a slight squeak in the front of mine that I will eventually find but it works perfectly and I do lube the seals with Dow Corning 111 Silicone grease so they should last forever. I live in Washington state and doesn't leak a drop in downpours. First thing I would do with a Panorama roof Pig is purchase the Dow Corning 111 Silicone grease and lube all of the seals, nothing else will come close when it comes to rubber parts.
#42
Rennlist Member
Judging from the plate (New York plate with 'Fairfield Porsche' trim), I'm guessing somewhere north of the City, like Scarsdale.
And, yeah: It's kind of beat up and not a great color. If I was in the market for a P!g, I don't think I'd take it for mid-20s.
And, yeah: It's kind of beat up and not a great color. If I was in the market for a P!g, I don't think I'd take it for mid-20s.
#44
Three Wheelin'
Don't necessarily go with Silicone spray as I think it uses Petroleum but Dow Corning Silicone grease is a clear/white color and will lubricate and protect rubber parts.
#45
I will disagree with this; it was the very first thing I did when looking at the CTTS I ended up buying. If you don't measure the paint on the body panels, you have no way of knowing if you're buying original paint or "bondo'ed" up sheet metal that had previously been wrecked. And if it had been wrecked and repaired, what else might be wrong with it?
Original paint condition makes a big vlaue difference, regardless of the age of the vehicle. Would you rather buy an 8 year old CTTS with original paint, or one that had paint work done that likely indicates a prior wreck? While I agree it's probably less important to check an older vehicle than a newer one, at least for me, it's a mandatory step in the pre-purchase inspection because it lets me know the vehicle had never been in some sort of an accident.
Original paint condition makes a big vlaue difference, regardless of the age of the vehicle. Would you rather buy an 8 year old CTTS with original paint, or one that had paint work done that likely indicates a prior wreck? While I agree it's probably less important to check an older vehicle than a newer one, at least for me, it's a mandatory step in the pre-purchase inspection because it lets me know the vehicle had never been in some sort of an accident.