Volkswagen Phaeton for sale at the Buggy Bank

Ever since I bought my 2005 Phaeton last year, I have been keeping track of the Phaeton used car market. My reactions have alternated between patting myself on the back for getting a great deal to questioning whether I paid too much solely because it had 3X,XXX miles on it.  Well, after months of trawling Craigslist, eBay, etc., this purple burgundy 2005 V8 4-seater may be the most unique.

The car is for sale at the Buggy Bank* in Berkeley.  The biggest argument against buying this car is that it is very close to the psychologically prohibitive (at least for prospective Phaeton owners) mark of 100,000 miles.  But, there are plenty of arguments for picking it up.

First, this is the 2005 model.  This has soft-close doors and trunk lid.  The 2004 doesn’t.  The rims are much fancier and better looking on the 2005s than the duller ones on the 2004s.  Minor glitches from the 2004 have been identified and corrected.  But most importantly, the air suspension system will cost just $2,500 to repair (assuming it’s bad at only one corner) for the 2005 model versus $10,000 for the 2004.

Second, this is the 4-seater model.  This is about as luxurious as you can get with a Phaeton, and the base Phaeton ain’t too shabby either.  I have never seen this exterior color on the big VW before and it looks positively regal in conjunction with the leather and wood trim.  

Third, it comes with an extended warranty/service contract.  And you’ll definitely want that if this ever happens to your Phaeton.

If this car comes with a clean bill of health from a PPI and the car has been religiously maintained, this may be a great deal.  Plus, you can always negotiate.

Check out the Phaeton ad here.

* Buggy Bank is a not-quite-a-consignment business in Berkeley, California.  You pay the place a fee, leave your car there, and set an asking price.  The people there advertise it and let people test drive it and take it to the mechanic.  When the prospective buyer is ready to make an offer, Buggy Bank gives them the owner’s contact information.  A deal is negotiated, the parties then meet at the Buggy Bank, sign the documents, and exchange the money and keys.  As an example, I paid Buggy Bank $410 to sell my Acura TSX and it sold for a fair price (for both the buyer and the seller) quickly and without hassle.

Disclaimer: Neither I nor Hooniverse have been paid, whether monetarily or in services, by Buggy Bank or the current owner of this Phaeton to post this.  

Image source: Buggy Bank

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Original: Hooniverse

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