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Is CT the right car for me?

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Old Oct 8, 2016 | 07:28 AM
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Is CT the right car for me?

Hello all,

Im a military member and for past 4 years have enjoyed living in germany. I had a few m3's, c6z06 and currently in process of selling my c7z51 corvette.

I just received orders to Montana... And i want a fun car that can do many things. Roads in montana are good, high speed limits (but from what i heard u can go pretty fast).

My budget is under/around $40k. I dont really like the wrangler, too much money for a ****ty interior. So i started looking for 2011 cayenne S, which seems to be a cool car (though my brother pushes me towards diesel, as he had toureg with the same engine).

Yesterday i was offered 2011 cayenne Turbo for low $40's. Its black, with pdcc, sport steering, fancy sound system, seat ventelation, 21inch wheels, 14 way seats and lighting package. Its all blacked out. It has 50k miles.

Sooo many questions for you all. How reliable is it? Is it safe to assume standard issues have been taken care of by this mileage? Has car fax with dealer service, but only says "checked electrical, did maintanance, checked his and that", nothing specific, but it seems that it was maintained. I dont think montana has a porsche dealer...
WP1AC2A29BLA82396 Here is the vin, can anyone be nice enough (or maybe work for porsche) and check what service/issues it had? Mainly concerned with those aluminum bolts...


2nd... Off roading... Ive seen some reviews on youtube, seems like a capable car, but its not new anymore, so what issues im looking at if i take it sligthly offroading? Just like going up to hiking places, nothing too crazy like doing rock climbing with it. Oh, and i love driving in snow, hooning and all... Is it gonna be a good car for all that? Ideally ill try to trade the 21" wheels with someone and get 18/19's.

how does it do in the cold? It gets very cold in montana... It would be a daily (though i might consider a beater, but ideally want one car to do it all).

What do you think about resale value in a year or two? Hard car to sell? Loose a lot on resale if i get it for low 40's?

Am i crazy for wanting a turbo? Should i go back to looking at the S model? They are around $35k... Dont care about gas consumption or oil consumption (on autobahn im sued to seeing 12mpg on average and 1 quart of oil 1k miles). Or should i look for older cayennes? Different platform all together? I've also considered 2011-12 raptor svt, and audi s4. Svt seems ok, but interior is really cheap, its not all that powerful and in stock form im not sure about its off road capabilities (ie not really better than cayenne), but i prob wouldnt feel bad about beating on it. Summer time on road, i dont think its fun. S4 would be good for snow fun, but im not sure its good for off road of any sort.

Ive never owned an suv or anything slow, so i def get a boner that i can have a fast suv. Im just affaraid the cayenne S will be too slow... Raptor to me seems like a polished f150...
 

Last edited by EuroZ06; Oct 8, 2016 at 08:07 AM.
Old Oct 8, 2016 | 08:02 AM
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The S will be to slow for you. while the Cayenne is very quick and fast for an SUV its nothing when your used to quick cars. It wont get you any harder than a mustang 5.0 . Get the Turbo for the engine and the appointments.

The Cayenne will do EVERYTHING you are asking about with ease. It has tires and moving parts like every other vehicle and it will break. I think you have answered your own questions here. If it cost 140k new in 11' and now your getting it for 40k 6 yrs later in amazing condition, what do you think the depreciation will be like? Vehicles aren't investments. For most people, with exceptions such as collectables, vehicles will usually one of the largest financial losses you have in a lifetime. The cost for parts and services on that Porsche doesn't go down just because it isn't new any more.
 
Old Oct 8, 2016 | 10:10 AM
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Originally Posted by Mr. Haney
The S will be to slow for you. while the Cayenne is very quick and fast for an SUV its nothing when your used to quick cars. It wont get you any harder than a mustang 5.0 . Get the Turbo for the engine and the appointments.

The Cayenne will do EVERYTHING you are asking about with ease. It has tires and moving parts like every other vehicle and it will break. I think you have answered your own questions here. If it cost 140k new in 11' and now your getting it for 40k 6 yrs later in amazing condition, what do you think the depreciation will be like? Vehicles aren't investments. For most people, with exceptions such as collectables, vehicles will usually one of the largest financial losses you have in a lifetime. The cost for parts and services on that Porsche doesn't go down just because it isn't new any more.

Well aware of vehicles as investments, had a few classics (currently have 68 charger).

I mean, would u say that $40k is about a platoe for depriciacion for next few years? It seems that most of it already happened, so now its just slowly going down.
I spoke to someone was told that every 20k miles u need to clean the sunroof gutters, every 30k change the spark plugs. The aluminum bolts issue seems to be covered under epa warranty for 8yrs/100k miles (right?).
 
Old Oct 8, 2016 | 07:57 PM
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Originally Posted by EuroZ06
I spoke to someone was told that every 20k miles u need to clean the sunroof gutters, every 30k change the spark plugs. The aluminum bolts issue seems to be covered under epa warranty for 8yrs/100k miles (right?).
Turbo plug change interval is 30K - not a huge deal with a few tools - a DIY sort of thing. The aluminum bolts breaking may not be covered by Porsche, depending on the vehicle history. The special emissions warranty booklet in my Turbo says the emissions warranty is 7 years/70,000 miles. I did seem to recall the mandated Federal emissions warranty being 8 years/80,000 miles - but I didn't bother looking it up again. None of them are 100,000 miles.

Porsche has covered some engines under the emissions warranty (I suspect cars bought new by the owners and faithfully serviced at a dealership..) and refused to cover other engines (in one case - it WAS bought new by the owner, and had always been serviced at the dealership - and the engine replacement WAS refused.) I think a lot of it has to do with the dealership going to bat for the customer, and their convincing Porsche you're a good customer with a good chance of being a repeat customer if they cover the loss.

If it was me - I'd budget $3,000 to simply have the Workshop Campaign done at my own expense. I did this - and aside from a problem during the execution of the campaign that ended up costing the dealer a lot of $$ - I still think it was worthwhile. You probably don't want to be in the middle of a deserted road in Montana doing 100MPH (and - yes - I crossed Montana once at 100MPH in a Cayenne - on cruise control..) and have the engine explode, and lose both power steering and power braking. Then have to get it towed to the nearest dealership - which might be in a different state.

40k is a killer deal - which makes me think it warrants further investigation before any money changes hands. A 50k mile 2011 Turbo usually goes between $48.000-60,000 ($48k being a secondary market car, $60k being a dealer CPO car.) For $40k - I would be suspicious of the car, and absolutely would want a PPI done on it.

If you do get it for $40k - and it's perfect - you've stolen it, and should be safe from depreciation for at least a year or two. There is no depreciation plateau on a Cayenne Turbo until you reach about 150,000 miles on one - then it seems they go for $8k and no lower. Mileage is often as important or MORE important as the age of the vehicle. The model (a 2011 is a '958') also will have an effect. The current body style goes for more since people may not realize it's a used car. An older body style (like a 955/957) will be less expensive since it's quite obvious it IS an older car.

Good luck - let us know what the PPI turns up. If you don't do a PPI and just buy it - well - you may learn a painful lesson "An inexpensive used German car may be the most expensive car you'll ever own.." (Me)
 

Last edited by deilenberger; Oct 16, 2016 at 10:48 AM.
Old Oct 15, 2016 | 05:50 PM
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FWIW, I bought my 2004 ctt in 9-2010 for 29k with 65k miles, gts wheels and exhaust, well equipped. I think its worth maybe 15k now. There doesnt seem to be a bottom for these yet.
 
Old Oct 20, 2016 | 09:16 PM
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Originally Posted by Mr. Haney
FWIW, I bought my 2004 ctt in 9-2010 for 29k with 65k miles, gts wheels and exhaust, well equipped. I think its worth maybe 15k now. There doesnt seem to be a bottom for these yet.
I agree. Factory sticker on my 2005 CTT was almost $120K. I bought it in 2014 for just over $20K. Little over 2 years later it's probably not worth much north of $10K.


I don't see a bottom yet. Saw a 955 turbo listed somewhere not long ago for something like $8,500.
 
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