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  #21  
Old 02-06-2012, 09:42 AM
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Although Porsche does hold their resale better than BMW and much better than Audi.
For those that leased, what was your residual value at the end of the lease? How many years and miles?
If you paid $95k, drive it 15k miles per year for 3 years your residual should be around 62%, right? Or about $59,000. This is why I generally don't buy new.
The part that really sucks is I paid $95k, drove 40k miles in 2 years. I have $15k worth of extras and I still cannot sell it on eBay for $60k. Ouch. And my wife has finally put her foot down that one car has to go before a new one shows up.
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  #22  
Old 02-06-2012, 10:00 AM
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2009 Porsche Cayenne Turbos typically sell between 70 and 80K. But they started out at least 20K higher than X5M at purchase. So Rez is right. It's the nature of niche expensive cars to drop in value rapidly. That's why you to love them to buy them. The exception may be jlee's 911!
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  #23  
Old 02-06-2012, 06:29 PM
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Quote:
Originally Posted by 998M View Post
I still cannot sell it on eBay for $60k. Ouch.
This ^^ is so damn painful to read..
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  #24  
Old 02-06-2012, 07:42 PM
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At this time it might be cheaper to set it on fire and do the time in prison.
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  #25  
Old 02-06-2012, 09:31 PM
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Originally Posted by 998M View Post
At this time it might be cheaper to set it on fire and do the time in prison.
Maximum payout + Free accommodation + free food + free TV + free sex... why not?
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  #26  
Old 02-06-2012, 10:04 PM
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Originally Posted by JDM-20L View Post
Maximum payout + Free accommodation + free food + free TV + free sex... why not?
You had me at "free sex".

Too great of a truck to give away. Going to pull it off the market. I will just but the Porsche without selling it. And then buy my wife something nice so she forgets that I am a dick.
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  #27  
Old 02-06-2012, 10:49 PM
ek1 ek1 is offline
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Seems like a lot of people here are upset about the current value of their X5M. I am just wondering why don't you guys lease? There is a set term and there is a predictable residual value in the end. In the end of the lease you still have a choice of buying out the car (if you love it that much) or walking away from it if you want something new. You can even select a term that you like - 2 years, 3 or 4. If you decide to keep the car after a lease (lets say you fell in love with it), you can even negotiate the buyout price down with the bank. I am just wondering why would someone buy these vehicles as opposed to lease them?
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  #28  
Old 02-06-2012, 11:31 PM
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Easy answer....I put almost 20K on per year. Leases work best at 10K, well at 12K and just OK at 15K. Much over that they can get expensive. Plus when you turn the car in, they have the right to charge you whatever they want for "excess" wear. That can be a scuffed area on the diver's seat, a rock chip, or even light wheel rash......not just the obvious stuff.
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  #29  
Old 02-08-2012, 10:48 PM
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Any thoughts on what I should be paying for a 2010 with 25k to 35k mileage and original msrp in the 95k range? Not CPO. seems to be a fair amount to choose from out there on autotrader or cars.com.
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  #30  
Old 02-09-2012, 03:07 PM
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Low 60's to high 60's
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