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Thoughts on value of my '07 TT

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Old Nov 10, 2008 | 11:03 AM
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the market isn't good, but 09's are not worth 30-40k less after delivery-just not accurate. that is not unlike the alarmists on cnbc telling you to sell everything. back up your statements with fact-not scare tactic opinion-show us someone who has sold a used 09 (i am sure that there are none available) for 30-40 under. an 09 with 300 miles for 35k off-what a bunch of crap.
 
Old Nov 10, 2008 | 12:33 PM
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Originally Posted by docjackson1
the market isn't good, but 09's are not worth 30-40k less after delivery-just not accurate. that is not unlike the alarmists on cnbc telling you to sell everything. back up your statements with fact-not scare tactic opinion-show us someone who has sold a used 09 (i am sure that there are none available) for 30-40 under. an 09 with 300 miles for 35k off-what a bunch of crap.
Any dealer out there will give you 7-10k off MSRP on a new 09. Are you saying the car in a normal market won't depreciate 15% the day you drive it off the lot? IN today's market you can add another 5-10% in depreciation year one and my numbers are accurate. Show me buyers
There are about 15 09 Turbo's available across the USA. Let your fingers do the walking. If you contact those same dealers for an 09 order with March delivery they will offer you at least 5K off Sticker without any hassle.

Anyone saying otherwise has a car to sell!
 
Old Nov 10, 2008 | 04:14 PM
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Originally Posted by JZRS4
Any dealer out there will give you 7-10k off MSRP on a new 09. Are you saying the car in a normal market won't depreciate 15% the day you drive it off the lot? IN today's market you can add another 5-10% in depreciation year one and my numbers are accurate. Show me buyers
There are about 15 09 Turbo's available across the USA. Let your fingers do the walking. If you contact those same dealers for an 09 order with March delivery they will offer you at least 5K off Sticker without any hassle.

Anyone saying otherwise has a car to sell!
Unfortunatly this is true...I had an 09 ordered that I decided not to take. The dealer also offered me a substantial discount and I still passed. Things are scary out there right now, so I got an 07 instead that I'm picking up Wednesday the 09 after discount plus taxes would have cost me 152k, the 07 which is basically the same car I ordered minus all the deviating stiching will run me 119k including taxes, thats over 30k more...believe me I wanted the new nav and bluethooth but not for an extra 30k.
 
Old Nov 10, 2008 | 08:30 PM
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Originally Posted by nyamg
Unfortunatly this is true...I had an 09 ordered that I decided not to take. The dealer also offered me a substantial discount and I still passed. Things are scary out there right now, so I got an 07 instead that I'm picking up Wednesday the 09 after discount plus taxes would have cost me 152k, the 07 which is basically the same car I ordered minus all the deviating stiching will run me 119k including taxes, thats over 30k more...believe me I wanted the new nav and bluethooth but not for an extra 30k.
let's think now what we are sayng. a previous poster said that 09's are worth 40k less the day that the car leaves the dealership. you are now buying an 07, i assume a low mileage one, and are spending about 110k, before taxes. that is an 07. let's assume that car, which sounds like it is pretty loaded, minus the stitching, had an msrp of about 140k. so round about, that car depreciated about 30k over 2 years. let's assume that the car had less options, say it was a relatively base turbo-then it would have had an msrp of about 127k, and it would be still worth about 105-109, as the options are not worth much at trade in time. so that car would have depreciated about 20k or so. having said that, there is no way that a new 09 would depreciate 40k if a 2 year old one depreciated 20-30k--that is just common sense, there is no advanced reasoning there, and i am not trying to be nasty by saying that.
saying that new 09 cars are depreciating 40k when 2 year old cars have depreciated 30k just makes no sense. by the way nyamg, why didn't you just buy a lightly equipt 09 rather than a 2 yr old 07? i just picked up an 09 that had an msrp of 135k for 129-it just has sports turbo chrono, xm, ipod adapter, bluetooth, heated seats and thicker steering wheel-why not pay in the high 120's for a new car than pay 15 or so less for a 2 year old car? regardless, you drive that car in good health.
 
Old Nov 10, 2008 | 09:28 PM
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Originally Posted by docjackson1
let's think now what we are sayng. a previous poster said that 09's are worth 40k less the day that the car leaves the dealership. you are now buying an 07, i assume a low mileage one, and are spending about 110k, before taxes. that is an 07. let's assume that car, which sounds like it is pretty loaded, minus the stitching, had an msrp of about 140k. so round about, that car depreciated about 30k over 2 years. let's assume that the car had less options, say it was a relatively base turbo-then it would have had an msrp of about 127k, and it would be still worth about 105-109, as the options are not worth much at trade in time. so that car would have depreciated about 20k or so. having said that, there is no way that a new 09 would depreciate 40k if a 2 year old one depreciated 20-30k--that is just common sense, there is no advanced reasoning there, and i am not trying to be nasty by saying that.
saying that new 09 cars are depreciating 40k when 2 year old cars have depreciated 30k just makes no sense. by the way nyamg, why didn't you just buy a lightly equipt 09 rather than a 2 yr old 07? i just picked up an 09 that had an msrp of 135k for 129-it just has sports turbo chrono, xm, ipod adapter, bluetooth, heated seats and thicker steering wheel-why not pay in the high 120's for a new car than pay 15 or so less for a 2 year old car? regardless, you drive that car in good health.
I completely agree with you about the 40k depreciation hit, no way its possible, the thing I was agreeing about was the fact that you can definetly get a discount on on 09's. As far as getting a lightly optioned 09 as opposed to an 07, I wanted ceramics sport chrono and adaptives so right there I was looking at the least a sticker of 140k plus...anyway the 07 I found is loaded minus the stiching with only 2k miles, picking her up on Wednesday....can't wait to FINALLY join the club
 
Old Nov 10, 2008 | 09:37 PM
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Originally Posted by nyamg
I completely agree with you about the 40k depreciation hit, no way its possible, the thing I was agreeing about was the fact that you can definetly get a discount on on 09's. As far as getting a lightly optioned 09 as opposed to an 07, I wanted ceramics sport chrono and adaptives so right there I was looking at the least a sticker of 140k plus...anyway the 07 I found is loaded minus the stiching with only 2k miles, picking her up on Wednesday....can't wait to FINALLY join the club
you will love the car-can you imagine, someone bought your 07, loaded and only put 2000 miles on it-what are people thinking about. i agree with chris (tt surgeon)-you buy a car like this, drive it, enjoy it. both he and i put winter tires on them and drive them in the snow. i also had an 07 turbo but i stupidly sold it, hence i bought the 09 to get the turbo back. i understand your thing about the adaptives and the pccbs-i usually get the car lightly equipt, so for me, it just made sense to check for an 09 that someone had in inventory.
 
Old Nov 10, 2008 | 09:46 PM
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Right on Doc!
Nyamg, where are you getting the 07 from, roslyn?
 
Old Nov 11, 2008 | 08:17 AM
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Originally Posted by docjackson1
let's think now what we are sayng. a previous poster said that 09's are worth 40k less the day that the car leaves the dealership. you are now buying an 07, i assume a low mileage one, and are spending about 110k, before taxes. that is an 07. let's assume that car, which sounds like it is pretty loaded, minus the stitching, had an msrp of about 140k. so round about, that car depreciated about 30k over 2 years. let's assume that the car had less options, say it was a relatively base turbo-then it would have had an msrp of about 127k, and it would be still worth about 105-109, as the options are not worth much at trade in time. so that car would have depreciated about 20k or so. having said that, there is no way that a new 09 would depreciate 40k if a 2 year old one depreciated 20-30k--that is just common sense, there is no advanced reasoning there, and i am not trying to be nasty by saying that.
saying that new 09 cars are depreciating 40k when 2 year old cars have depreciated 30k just makes no sense. by the way nyamg, why didn't you just buy a lightly equipt 09 rather than a 2 yr old 07? i just picked up an 09 that had an msrp of 135k for 129-it just has sports turbo chrono, xm, ipod adapter, bluetooth, heated seats and thicker steering wheel-why not pay in the high 120's for a new car than pay 15 or so less for a 2 year old car? regardless, you drive that car in good health.
I suggest you call any dealer and get a trade in quote on your new 09, you'll be surprised. Just wait, its not even close to being over yet. The low US distribution on Turbos is not going to help either, the market is flooded and there are so many new 08's and new 09's you can't discount them fast enough to attract the few buyers there might be in the middle of winter.
I walked from a highly optioned 09, window was 158K, stitching, PCCB's the works. Most of those options are worth nothing day one. The car is being sold at a discount that always sold for 3-5K over MSRP.
I am sorry if you feel this is an attack on people who bought new cars, its not. Drive it and enjoy it!
When I can buy an identical Turbo Cab for the same money as an optioned Coupe there is a major problem in the market!
I am in the middle of buying a low mileage 07 and believe that is the way to go, especially since I plan on modding the car day one.
 
Old Nov 11, 2008 | 10:56 AM
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Originally Posted by TT Surgeon
Right on Doc!
Nyamg, where are you getting the 07 from, roslyn?
The 09 I ordered is from Roslyn, its there now, the 07 is from Champion.
 
Old Nov 11, 2008 | 11:29 AM
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Originally Posted by JZRS4
I suggest you call any dealer and get a trade in quote on your new 09, you'll be surprised. Just wait, its not even close to being over yet. The low US distribution on Turbos is not going to help either, the market is flooded and there are so many new 08's and new 09's you can't discount them fast enough to attract the few buyers there might be in the middle of winter.
I walked from a highly optioned 09, window was 158K, stitching, PCCB's the works. Most of those options are worth nothing day one. The car is being sold at a discount that always sold for 3-5K over MSRP.
I am sorry if you feel this is an attack on people who bought new cars, its not. Drive it and enjoy it!
When I can buy an identical Turbo Cab for the same money as an optioned Coupe there is a major problem in the market!
I am in the middle of buying a low mileage 07 and believe that is the way to go, especially since I plan on modding the car day one.
see, the problem is that alot of statements like yours have no logic, therefore, when there is no logic, the conclusion is faulty. you state "the low distrubution on turbos is not going to help"-that is illogical. the lower the distribution, the higher the price (supply vs demand)-if they made tons of turbo coupes, then your argument would hold water, but they haven't. they made approx. 2000 in 2007, i think in 08 they made about 500 coupes (i think they made 3 times as many cabs as coupes in 08) and they have made few coupes in 09. then you say "when i can buy an identical turbo cab for the same money as an optioned coupe there is a major problem"-again, no logic-remember, a cab is about 10k more expensive, so if you option out a coupe, it will cost what a base cab cost-again, your conclusion makes no sense. then you imply that you ordered a highly optioned coupe, then ran from it to by an 07 that you want to mod-i don't know here, did you really do that?-on one hand , you criticize all the options as being worthless, then you say that you ordered it that way. i also am not trying to be nasty, but your entire communication makes no sense, has no logic, etc.
 
Old Nov 11, 2008 | 08:56 PM
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Originally Posted by nyamg
The 09 I ordered is from Roslyn, its there now, the 07 is from Champion.
Cool, 07s are better anyway!
What color was the 09, I saw a AG one parked outside yesterday, looked sweet.
 
Old Nov 12, 2008 | 08:45 AM
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Originally Posted by docjackson1
see, the problem is that alot of statements like yours have no logic, therefore, when there is no logic, the conclusion is faulty. you state "the low distrubution on turbos is not going to help"-that is illogical. the lower the distribution, the higher the price (supply vs demand)-if they made tons of turbo coupes, then your argument would hold water, but they haven't. they made approx. 2000 in 2007, i think in 08 they made about 500 coupes (i think they made 3 times as many cabs as coupes in 08) and they have made few coupes in 09. then you say "when i can buy an identical turbo cab for the same money as an optioned coupe there is a major problem"-again, no logic-remember, a cab is about 10k more expensive, so if you option out a coupe, it will cost what a base cab cost-again, your conclusion makes no sense. then you imply that you ordered a highly optioned coupe, then ran from it to by an 07 that you want to mod-i don't know here, did you really do that?-on one hand , you criticize all the options as being worthless, then you say that you ordered it that way. i also am not trying to be nasty, but your entire communication makes no sense, has no logic, etc.
Normally low production would increase the price, but you have no idea when and why Porsche deicided to lower production. I can tell you it had nothing to do with the current economy. Porsche recogonized the fact that their dealers were selling cars overseas, so they put an end to it by cutting back US distribution. Do you know how many new Porsches have been sold this past month?
My points are crystal clear and it is obvious you just bought a car before the crash.
I made an inteligent financial decsion, walking from an optioned 09 that is worth at least 25% less the day I drive it home was brilliant. No one wants these cars. I was offered 2 more 09's this morning and neither one was any where near List. The 07's are proof, you are seeing 130K cars being listed for 115K and in two weeks they will be dumped near 100K. Put your money where your mouth is. If you are so certain this market is fine, buy the 09 Turbo I ordered for full list. You wont get hurt I'll buy an 07 for under 100K in the dead middle of winter.
Used Turbo prices are down 10k in just the past 2 weeks.
 
Old Nov 12, 2008 | 09:39 AM
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Look, nobody thinks that the market is good right now-i certainly wouldn't want to be in the position of selling anuthing at all right now. There are a couple points that I can tell that you don't understand. Firstly, some of us buy these cars and drive them because we enjoy them. I hear your point-you want to wait until february and walk into a dealer, see what is available, and try an hammer him on price so that you can put the car in your garage and mod it later. On the other hand, you are saying that you ordered a car optioned out the *** and now feel that you are brilliant because you stuck the dealer on that car by walking away. You tell me to buy your car-let me tell you, I wouldn't order a highly optioned car, as everyone knows that come trade in time, you get very little for those options. So if you were so brilliant, you would already know that even in a good market, you would lose big dollars at trade in time.I certainly am not criticizing people who option out there cars, but they do it because they enjoy it-they know that it costs them money. And another point-you think sticking the dealer was brilliant-let's put the shoe on the other foot-what if your car got hot before it was delivered, and the dealer made the same financial decision-he decided to raise the price of your deal 15k-i bet that you would be the first guy here yelling that your dealer raped you. Listen, I am going to enjoy my lightly optioned car that I got money off of and I am going to drive it every day-you wait till winter and buy an 07-if it works for you, fine.I still fell that your reasoning and logic is flawed, and in the end, you can continue to drive your audi around.
 
Old Nov 12, 2008 | 09:46 AM
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Originally Posted by docjackson1
Look, nobody thinks that the market is good right now-i certainly wouldn't want to be in the position of selling anuthing at all right now. There are a couple points that I can tell that you don't understand. Firstly, some of us buy these cars and drive them because we enjoy them. I hear your point-you want to wait until february and walk into a dealer, see what is available, and try an hammer him on price so that you can put the car in your garage and mod it later. On the other hand, you are saying that you ordered a car optioned out the *** and now feel that you are brilliant because you stuck the dealer on that car by walking away. You tell me to buy your car-let me tell you, I wouldn't order a highly optioned car, as everyone knows that come trade in time, you get very little for those options. So if you were so brilliant, you would already know that even in a good market, you would lose big dollars at trade in time.I certainly am not criticizing people who option out there cars, but they do it because they enjoy it-they know that it costs them money. And another point-you think sticking the dealer was brilliant-let's put the shoe on the other foot-what if your car got hot before it was delivered, and the dealer made the same financial decision-he decided to raise the price of your deal 15k-i bet that you would be the first guy here yelling that your dealer raped you. Listen, I am going to enjoy my lightly optioned car that I got money off of and I am going to drive it every day-you wait till winter and buy an 07-if it works for you, fine.I still fell that your reasoning and logic is flawed, and in the end, you can continue to drive your audi around.
Timing is everything, and it worked in my favor regardless of what happened. If the market stayed hot, I had a locked in deal at sticker and my RS4 value would obviously not have been effected. I am one of the few people who are in a buying position in this economy, the RS4 is a driver. The Turbo is not a car I want to put 14K miles a year on. With numerous cars at my disposal why rush into a car that can't be driven in winter? Porsche delivered the car late, creating their own fate. Do you really feel sorry for the dealers? I doubt they care about you!
I don't get raped by dealers, I am one
 
Old Nov 12, 2008 | 11:18 AM
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tell you what-if i was a wealthy guy like you, with numerous cars at my disposal, i wouldn't sweat the market so much-i would drive what i like. by the way, if i thought that i could pick up an 09 turbo at invoice, i would pick a lightly equipt one up in a second-why don't you get an 09 at invoice (say 123 for a 135 car)? you say that you are willing to buy an 07 in the middle of the winter for 100k-why not get a brand new one, with all the new things on it that the 09 has (touch screen, ventilated seats, bluetooth, usb/ipod, xm, etc). doesn't a 2 year newer car that is new make sense for 23 grand more? if you had a 160 grand car ordered, why are you reluctant to spend the 123k-surely, you didn't think that your investment in the 160 grand car was going to be a good one, did you? listen, none of these cars are good investments-if we can afford them, we buy them and drive them. listen, i am probably wasting my time going through this with you, but if you think that 09's have depreciated 40 grand, why don't you go pick one up for 40 off, rather than looking to pay 30-35 off for a 2 year old car-get the point?
 


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