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05-21-2009, 08:39 PM
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What's the approx trade-in value for CS nowadays?
Just curious how much a dealer would take a 2007-2008 CS with lets say, 20k miles. Obviously options matter some but just want an approximate.
Seems like $43k is the used price nowadays, is the dealer trade-in around there?
Has anyone gotten a quote lately?
Not looking to trade-in anytime soon but just want to know my options..
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05-21-2009, 08:59 PM
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Porsche Specialist
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Re: What's the approx trade-in value for CS nowadays?
Well I have an 06 with 50k miles and kbb is saying trade in is going to be around $25k.
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2004 BMW 745Li (Sterling Grey)
2006 Porsche Cayman S (Seal Grey)
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05-21-2009, 09:26 PM
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Re: What's the approx trade-in value for CS nowadays?
I just bought an '07 with 5500 miles from a franchise dealer for 39.5K. MSRP was 66K+. It was traded in on a Cayenne S. I would have to think they allowed 35-37K. Since there are still new 08's on dealers' lots priced in the high 40's, I don't think getting 43K is realistic, especially on a car with 20K on it.
Dave
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05-22-2009, 02:59 PM
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Re: What's the approx trade-in value for CS nowadays?
43k may be the ask, but the spread versus bid may be pretty big. I see bids being closer to 38k for cars with 8,000 miles or so. The final accepted price may end up settling for a few thousand less than 43k in order to make the deal work. Mind you, geography will also play a big role in the final price. I'm assuming the MSRP with options is +70k.
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05-22-2009, 04:24 PM
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Re: What's the approx trade-in value for CS nowadays?
OP is asking for Trade In Value guys. Not retail value.
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2004 BMW 745Li (Sterling Grey)
2006 Porsche Cayman S (Seal Grey)
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05-22-2009, 04:46 PM
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Re: What's the approx trade-in value for CS nowadays?
I just ran my car through KBB.com... it's an '06, 37k miles... options: Full leather interior, Sport Chrono, Self-dim mirrors and rain sensor, Bose audio, Bi-xenon headlights, six disc remote CD changer, leather sport seats, rear wiper, sport shifter, 19" sport design wheels, leather sport steering wheel, PASM, climate control, 5mm wheel spacers - original msrp was $75k
KBB says trade in value in excellent condition is $31,975, A 2007 with 20k miles equipped the same is 37,995
brad
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PASM - Porsche Active Suspension Management
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This active damping system offers continuous adjustment of individual damping forces based on current road conditions and driving style.
The driver can choose from two setup modes, ‘Normal’ and ‘Sport’, using a separate ‘damper’ button on the center console. ‘Normal’ mode is designed for general road driving and circuits with uneven tarmac. ‘Sport’ mode is intended for smoother track surfaces, where the harder settings help eliminate pitch and roll.
In either mode, PASM continuously evaluates the current conditions while automatically selecting the corresponding damper rates from the respective set of mapped values.
A range of sensors are used to monitor the movement of the body under acceleration, braking and cornering maneuvers, as well as on poor road surfaces. The PASM control unit then evaluates this data and modifies the damping force on each individual wheel in accordance with the selected mode. The result is a significant reduction in body movement as well as a better grip on the road.
For example: if ‘Sport’ mode is selected, the suspension is automatically set to a harder damper rating. If the quality of the track surface falls below a certain threshold, the system immediately changes to a softer rating within the ‘Sport’ setup range. When the quality of the tarmac improves once more, PASM automatically returns to the original, harder rating.
Need more information about PASM? Click this link: FAQ for PASM |
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05-23-2009, 02:27 PM
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Re: What's the approx trade-in value for CS nowadays?
If you take your car to a dealer and quote KBB, they will say, "Sell it to KBB".
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05-23-2009, 03:12 PM
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Porsche Activist
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Re: What's the approx trade-in value for CS nowadays?
Originally Posted by NorminHouston
If you take your car to a dealer and quote KBB, they will say, "Sell it to KBB".
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Exactly! KBB and Edmunds are a joke. They don't mind quoting Edmunds on the buy side, but will laugh at you when you bring it to them on the sell side.
I have a 2007 328i sedan, loaded, 14k miles, that I was hoping to use as a down payment on a Cayman. Edmunds and KBB say I should get $23k-$25k on a trade. With nobody buying cars these days, I doubt if I could squeeze $20k out of a BMW or Porsche dealer on a trade.... $18 freakin' 500 is more like it! 
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05-26-2009, 11:25 AM
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Re: What's the approx trade-in value for CS nowadays?
Originally Posted by NorminHouston
If you take your car to a dealer and quote KBB, they will say, "Sell it to KBB".
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Ditto...take aonther 20% off "KBB" price...  (((
I recently found an 06 S with a lot of options including PASM & Sport Chrono with 23,000 miles for RETATIL $35,000 but it was grey / black...
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PASM - Porsche Active Suspension Management
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This active damping system offers continuous adjustment of individual damping forces based on current road conditions and driving style.
The driver can choose from two setup modes, ‘Normal’ and ‘Sport’, using a separate ‘damper’ button on the center console. ‘Normal’ mode is designed for general road driving and circuits with uneven tarmac. ‘Sport’ mode is intended for smoother track surfaces, where the harder settings help eliminate pitch and roll.
In either mode, PASM continuously evaluates the current conditions while automatically selecting the corresponding damper rates from the respective set of mapped values.
A range of sensors are used to monitor the movement of the body under acceleration, braking and cornering maneuvers, as well as on poor road surfaces. The PASM control unit then evaluates this data and modifies the damping force on each individual wheel in accordance with the selected mode. The result is a significant reduction in body movement as well as a better grip on the road.
For example: if ‘Sport’ mode is selected, the suspension is automatically set to a harder damper rating. If the quality of the track surface falls below a certain threshold, the system immediately changes to a softer rating within the ‘Sport’ setup range. When the quality of the tarmac improves once more, PASM automatically returns to the original, harder rating.
Need more information about PASM? Click this link: FAQ for PASM |
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05-26-2009, 11:56 AM
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Re: What's the approx trade-in value for CS nowadays?
check NADA's numbers, it's closer to reality.
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05-26-2009, 12:41 PM
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I'm an excellent driver ....
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Re: What's the approx trade-in value for CS nowadays?
I would bet with that mileage it would be low 30s at best for trade in. Nothing for the options and most dealer will not want it anyway unless you trade for another P-car. Just because we love them they are not perceived as desirable nor practical cars by others.
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05-27-2009, 08:01 PM
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Re: What's the approx trade-in value for CS nowadays?
Phil 1,
Where did you see that car?
Thanks,
BW
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06-10-2009, 08:42 AM
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Re: What's the approx trade-in value for CS nowadays?
I have a 2007, 2.7 with 13500 miles and was thinking about moving up to the S model 2007 or 2008.
So I googled Porsche Dealer,,Florida, California and New York. I checked around 15 dealers and found very few available used S's.
Why?
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06-10-2009, 11:18 AM
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Re: What's the approx trade-in value for CS nowadays?
You probably won't find a lot of good used cars of any make right now. Having talked to a few used car dealer owners, they are having a tough time trying to find stock even at the auctions. Seems most people are hanging on to their cars and waiting out the economy. Only ones they find mostly local are high mile metal garbage that people had to trade in.
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06-10-2009, 12:14 PM
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Re: What's the approx trade-in value for CS nowadays?
I really don't have money to burn, so I would really make an attempt to sell it privately before I decided to trade it in. I've seen 07's with low mileage going for the mid 40's. That has to be quite a jump up from what you could get from a dealer. That being said, I plan on keeping my car for several years. At that point the difference will not be as great.
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06-10-2009, 01:17 PM
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Kestrel Racing
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Sorry, I don't buy that... at least 'round here...
Originally Posted by rsfdoc
You probably won't find a lot of good used cars of any make right now. Having talked to a few used car dealer owners, they are having a tough time trying to find stock even at the auctions. Seems most people are hanging on to their cars and waiting out the economy. Only ones they find mostly local are high mile metal garbage that people had to trade in.
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Hummmm... if that were true, wouldn't Dealerships be offering us more for our good, low mileage trade-ins? Both to encourage us to buy new and to increase their stock of used cars? Sorry, I'm not seeing that here. If I thought a local dealership would offer me a great deal on a new CS and a reasonable deal on trade in, I'd be sorely tempted. This way I'd help them move new inventory and replenish their used car inventory. 
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06-10-2009, 06:03 PM
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Re: Sorry, I don't buy that... at least 'round here...
Originally Posted by Kestrel
Hummmm... if that were true, wouldn't Dealerships be offering us more for our good, low mileage trade-ins? Both to encourage us to buy new and to increase their stock of used cars? Sorry, I'm not seeing that here. If I thought a local dealership would offer me a great deal on a new CS and a reasonable deal on trade in, I'd be sorely tempted. This way I'd help them move new inventory and replenish their used car inventory.
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Sorry but that's what I've heard.
Last edited by rsfdoc; 06-10-2009 at 06:10 PM.
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06-10-2009, 07:15 PM
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Re: Sorry, I don't buy that... at least 'round here...
Yeah, just because the price on Autotrader is 43,000 doesn't mean that's what they actually sell for. Rather that's what someone's asking. I have a lightly optioned '07 with 20k and a dealer offered me 32,500 for it. I just sold it myself for 38,000. I'm certain I could have got a bit more - interest was very strong, but I'm ready to go on my next ride.
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"Anyone who has not broken the speed limit in their CS is a nerd. Of great, glorious, mammoth proportions." --- jlambeth
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06-11-2009, 02:22 PM
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Re: Sorry, I don't buy that... at least 'round here...
Originally Posted by rsfdoc
Sorry but that's what I've heard.
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RSF:
Thats the question! Why are the trade values so low with a low supply? Perhaps because Porsche has the funds to weather the poor economy and hold prices on new inventory. Thinking if you can afford a Porsche, want one and can't find it used you will buy new. But!,,,how many first time new Porsche buyers come into the market each year?
Anyway I think there is a demand for used Cayman cars but Porsche is in control of the dealer and what they can allow for a trade in.
Perhaps the value of a low mileage Cayman will bottom out soon and hold.
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06-11-2009, 05:49 PM
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Re: What's the approx trade-in value for CS nowadays?
Originally Posted by ruwoodbury
Phil 1,
Where did you see that car?
Thanks,
BW
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Sorry don't get here often. Car was in NJ diidn't last too long.
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