Boxster / 911 residuals?

[Guest]

Just got back from my local JCT/Porsche dealer. I told him I have £30k and want a porsche. I asked him what model would cost me the least over an 18 month period, averaging around 10,000 miles. His recommendation was a car they had just sold. An 03 plate, Black, Boxster 3.2S, 1 previous owner, 11k miles, upgraded wheels. Sold for £30k.

Put down £3k, and take 2.7% from us. (I did'nt realise Porcshe/JCT offered such low APRs). Reckoned that model/spce, for someone worried about residuals at the moment is untouchable.

I have sat down and done my sums and with my £27k invested elswhere, this car wont cost me a thing?!?

Hhhmmm, sounds to good to be true....

 

[mojo]

Hi there

I have just enquired at the OPC what the trade in value is for my Boxster that I bought from them December 2004 that they had advertised for 39K (I didn't pay that much) current trade in value is 24K.

 

[daro911]

ORIGINAL: rca

His recommendation was a car they had just sold. An 03 plate, Black, Boxster 3.2S, 1 previous owner, 11k miles, upgraded wheels. Sold for £30k.

Hhhmmm, sounds to good to be true....

This is what Porsche Approved car locator brings up for around the £30K mark:-

Page 1 2 3 4

of 4

Boxster S (986)

09/03

Silver/Grey

11,000

£30,850

Edinburgh

Boxster S (986)

01/03

Black

15,999

£30,950

Belfast

Boxster S (986)

03/03

Silver/Grey

20,999

£30,950

Bournemouth

Boxster S (986)

01/04

Yellow/Beige

7,600

£30,999

Bristol

Boxster S (986)

03/03

Black

29,000

£30,999

Swindon

*******************************************************************************
Checkout shed loads on www.autotrader.co.uk at well below OPC prices and many still under Porsche warranty


2004 PORSCHE BOXSTER 3.2 S 2dr Roadster,9,000 miles, atlas/grey.car is mint fully loaded with sat-nav,xenons,sports seats,multi disc,18"sport design,park ass.what a car.this must be the cheapest box s 04/04 in the country.check out porsche website,cheapest there is £35,000 with very little spec,so there. £30,500. realboystoys ltd.realboystoys ltd

Tel: 0773 6354645Email:

Email AdvertiserPrice: £30,500

 

[mojo]

also www.pistonheads.co.uk loads on there at the moment

 

[Guest]

so, i can borrow from NR at 5.7%, but save by buying privatly, it's horses for courses...

 

[Guest]

ORIGINAL: rca


Put down £3k, and take 2.7% from us. (I did'nt realise Porcshe/JCT offered such low APRs).
Hhhmmm, sounds to good to be true....

2.7% seems very very low presumably that is a flat rate (approx 5.4%APR if I've got it correct). I have heard they work the payments out using residuals which they do not guarantee so you are taking the risk at the end - and OPC's do not seem to be very geberous with their trade in prices