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Old 05-29-2008, 02:37 AM
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Is the car market really that bad ?

So, I've had my car for sale for awhile..and I think pretty reasonably priced. I've seen others in the classifieds also dropping their prices..

Is the economy that bad ? or are there fewer buyers for Caymans these days ?

I may just take mine off since I really don't need to sell..

Jeff
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Old 05-29-2008, 02:55 AM
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The economy is that bad right now and unfortunately sports cars are the first to go and can take the longest to sell. Its great if your a buyer in search of a sports car especially around fall/winter....
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Old 05-29-2008, 03:46 AM
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people might be reluctant to spend money right now, but in LA i see a lot of new cars w/ dealer's paper logo plates driving around.

Caymans don't seem to be hugely popular in the first place, and when you add the fact that the first 997's are all coming off lease during the past several weeks, buyers facing a new cayman v. CPO 911 are often taking the CPO car. there's more room for dealers to deal on used inventory, and the 911 is the "top of line", for those (many) for whom that is important. and at $70k, who can blame people for thinking that way?

i've been floating my SL500 recently for sale, and it's very tough to move this thing too. mine's a 2002 "silver arrow" edition, which is the last of the teutonic-build-quality SL's done up in a sort of "porsche design edition" silver on black/silver appearance-enhanced package to commemorate the end of that bodystyle's run. they're plentiful enough (about 1500 or so in the USA), but even with pretty terrifically low miles and a not-unreasonable price the buyers all want to pay 5k less than what i'm asking - and like i said, i didn't think i was being unreasonable with the asking price, which is the middle of where they've been bid up around on ebay lately. being that the peanut-headlight SL's are now kaput and another new generation has arrived, i'm not expecting to get out of this thing alive...

i feel for your troubles trying to sell your sportscar. things are tough all over!

v
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Old 05-29-2008, 04:03 AM
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Don't forget that what you consider a reasonable price and what the market considers reasonable are two different things.

A good rule of thumb is to price your car using kbb.com's configurator - and then subtract about 10%.

From the brief amount of experience I recently had, there are definitely buyers out there for the right price; I thought I'd have to trade in my 2003 Boxster S when my Cayman S showed up a bit early a few months ago, but I sold it within a week of listing it with autotrader.com.
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