Little Porsche Boy

Hey just wondering, how reaslistic is a Kelly Blue Book
private party price quote. I did an on-line quote for a '94
Guards Red 968 coupe in excellent condition with
90,000 miles. The price came back as $13.9k. Is this
a good price?

Anyone?

porschefig

i would think that price is Uber cheap for that car

Drover

I've found KBB's results to be well below people's asking prices. That said, 14K for a 968 coupe with 90K miles is conceivable, though on the low end. Add a grand or two if it's a flop-top.

porschefig

does it have the manual tranny?
that usually adds a premium too

drover: you're prolly right, my only experience is looking at asking prices

porschefig

btw: 2 brand new members?
welcome!!

Little Porsche Boy

Thanks for the welcome.

The KBB price quote is definitely lower than the asking price on this car.
The seller is asking $16.9 for this car with a manual tranny.

turbo944

NADA I have found to be much more accurate to the real world online.....

Dave

Useless, completely useless.
NADA is no better.

hoffman912

the most acurate prices for porsches are found in the pml (porsche market letter). you have to get a subscription, but if you are seriously buying, and really looking for a great car, its worth it, for their valuations, articles, buying guides, and classifieds

http://www.pmletter.com/

Epic2112

Well, I checked the KBB price for my M3, it came back as ~$4000. If I was selling I'd want around $25000 for it, so that should give you an idea.

jabbadeznuts

KBB ain't worth ****.

seb928s

It's not even worth the paper it's printed on. It says low 3k for an 1986 951 if I can find them that cheap I would have 3 for what mine cost. Nada is a little better but still not what it should be around. Also the car is only worth what a buyer and seller want to make a deal on. Maybe KBB gives me more reason to keep the 951 forever

incessant

KBB should only be used as a rough estimate if curious as to the price range for a vehicle. Porsches, (particularly well maintained water-cooled front engines) will always list in KBB low due to depreciation. They are sold much higher because it's a select car market and buyers are usually determined to get what they want and pay for a great example. After all, it's worth as much as an enthusiast is willing to pay.

Chris_924s

KBB is low. It's about 75% of true market value on used Porsche.

Little Porsche Boy

There seems to be a consensus of opinion here. Thanks for all the input. I'll
check into the Market Letter.

What does anyone think of the $16.9K asking price of a 94 968 coupe with
90,000 miles on it?