996 Previous model naturally aspirated Porsche 911 community. Discuss C2, C2s, C4, C4s, Targa and Cabriolets.

Question regarding potential deal on 40th Anniversary Ed.

Old Mar 5, 2006 | 09:27 PM
  #1  
TripleInboard's Avatar
Thread Starter
|
Registered User
Joined: Feb 2005
Posts: 199
From: Texas
Rep Power: 29
TripleInboard is infamous around these parts
Question regarding potential deal on 40th Anniversary Ed.

Do you guys think that this is a good deal for a 40th Anniversay with 15,000 miles.

Finance for $965 per month w/ zero down for 84 months?

It is in excellent condition with a lot of options. (Painted seat-backs and Nav)

I would probably sell the car after 3-4 years, but I wouldn't want to be upside down on it. What do you guys think?
 
Old Mar 5, 2006 | 10:40 PM
  #2  
yyzc4s's Avatar
Registered User
Joined: Apr 2005
Posts: 209
From: Dubai
Rep Power: 30
yyzc4s is infamous around these parts
Originally Posted by TripleInboard
Do you guys think that this is a good deal for a 40th Anniversay with 15,000 miles.

Finance for $965 per month w/ zero down for 84 months?

It is in excellent condition with a lot of options. (Painted seat-backs and Nav)

I would probably sell the car after 3-4 years, but I wouldn't want to be upside down on it. What do you guys think?
That is a really long term. I am not sure, but I think you could do better than that payment. Shop around. I would assume that the 40th edition would depreciate a lot in the next 3-4 years.
 
Old Mar 6, 2006 | 12:41 AM
  #3  
Captain Tal's Avatar
Registered User
Joined: May 2004
Posts: 851
From: Pacific Northwest
Rep Power: 57
Captain Tal is infamous around these parts
40th's can be had in the 60's. This is not a good deal.
 
Old Mar 6, 2006 | 06:56 AM
  #4  
CoreyNJ's Avatar
Registered User
Joined: Sep 2004
Posts: 1,159
From: New Jersey
Rep Power: 68
CoreyNJ is infamous around these parts
Wow 965 per month for 84 months... With no money down...On such a long term you WILL be under water for a long time....

FYI: If you don't have the money down, you may not be able to afford repairs or general maintenance.

If you are dead stuck on a Carrera, why not just lease a new 997 C2. You should be able to get one for about 70-80k and it's new so a lease should be around the same monthly payment and it's going to be covered under warranty for the term of the lease.

Never, ever buy a car with no money down... Lease with Gap Insurance is a different story, but if anything happens to the owned car you will be so underwater for so long it's insane...
 
Old Mar 7, 2006 | 12:04 PM
  #5  
leftlane's Avatar
Registered User
Joined: Sep 2004
Posts: 1,740
From: San Antonio
Rep Power: 127
leftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond reputeleftlane has a reputation beyond repute
Originally Posted by TripleInboard
Do you guys think that this is a good deal for a 40th Anniversay with 15,000 miles.

Finance for $965 per month w/ zero down for 84 months?

It is in excellent condition with a lot of options. (Painted seat-backs and Nav)

I would probably sell the car after 3-4 years, but I wouldn't want to be upside down on it. What do you guys think?
You will be upside down from day one. Think about it - with finance charges, you'll be paying $85k for a car that is worth about $65k in today's dollars. This is a crappy deal all around.

BTW - never lease a used car anyway. You'll always lose.
 
Old Mar 8, 2006 | 08:46 PM
  #6  
drpaulmarsh's Avatar
San Diego Porschophile
Joined: Aug 2004
Posts: 299
From: San Diego, CA
Rep Power: 33
drpaulmarsh is infamous around these parts
Don't forget that credit unions generally give better rates too.
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
PelicanParts.com
991 Vendor Classifieds
2
Aug 20, 2015 04:53 PM
PelicanParts.com
GT3/GT2/GT Vendor Classifieds
0
Aug 20, 2015 02:37 PM
PelicanParts.com
991 Turbo Vendor Classifieds
0
Aug 20, 2015 02:27 PM


Thread Tools
Rate This Thread
Rate This Thread:
You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 06:54 AM.