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Trade in opinion

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Old May 18, 2015 | 10:37 PM
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Trade in opinion

We have a 2013 Cayenne diesel closing in on 50,000 mi. (4/13 purchase date) and looking for opinions for the right time to trade away. It's been perfect so far but out of warranty land could induce a quick loss in value if we decide to trade next year. Kind of late to order another so if we do trade we would have to find one at a nearby dealer inventory or another brand. My wife is the main driver, I may have been behind the wheel about a thousand miles and we are both happy with it but don't look to see its value decline to no-mans land while she pours the mileage on it. Maintained at the dealer with new tires, garage kept, and reliable makes the decision tough, any thoughts would be appreciated, thanks.
 
Old May 18, 2015 | 10:45 PM
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What's worse, watching a car that has already taken its biggest depreciation hit continue to sink or buy another new one and start the depreciation all over again?

The reality is that at 50k your motor is barely broken in. It may take awhile for the Porsche community to understand that 200k on the TDI is more like 100k on a gas model. Given that I can see 50-100k miles being thought of as bad on a diesel, but it's really not.

I would say if you are happy with what you have and it is working well, don't mess with success. Keep it and keep enjoying it.
 
Old May 19, 2015 | 07:54 AM
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Cayenne's are rock solid, more so with the diesel. These engines will last to 300K.

Sounds like you maintain it very well so I doubt you'll have any problems over the next few years outside of wear and tear. Plus you like and enjoy the car (as you mentioned into looking for another CD).

I'd say keep it, you all ready ate the depreciation, why do it again?
 
Old May 19, 2015 | 08:26 AM
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you should keep it. The only reason I am getting rid of my '13 and getting a '15 is because its a business lease and its all pre-tax.
 
Old May 19, 2015 | 05:41 PM
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Mike are you buying the new one? Leasing doesn't make sense unless you like a new car every few years and you like spending money.


Saving money on taxes should never be a reason to purchase/lease a car or equipment.
 
Old May 19, 2015 | 07:11 PM
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Originally Posted by ronan
Mike are you buying the new one? Leasing doesn't make sense unless you like a new car every few years and you like spending money.


Saving money on taxes should never be a reason to purchase/lease a car or equipment.
leasing, my account says it does better for my tax situation, and I do like a new car quite often. I have leased in the past to make me keep a car 3 years.

I also like a lease because the lessor takes the depreciation risk. That being said, my DD M235i is financed and our other 3 cars are bought and paid for.
 
Old May 19, 2015 | 07:15 PM
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I do like to think when I sell my M235i here soon and get a Cayman that I will finally have found a car I can be satisfied with for many years. If Porsche makes this good of an SUV, I can only imagine how their cars are. I'll be looking for a 2014 or later Cayman S or better, probably used.
 
Old May 19, 2015 | 08:16 PM
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Here's a dirty little secret for you Mike.

The Cayman is a better performer than the 911

At least for the 9x6 and 9x7 variants. Lighter and that mid engine makes it corner like a jack rabbit chased by a fox. They also seem to hold their value better than the 911s too.

I'd like to have one, but I've found I'm just not a car guy (like my SUVS) and a 4th street parked car might send my neighbors over the edge
 
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