Chris M.

SLC Tortfeasor

Seller just told me he can't see letting it go for less than 80K.

1Carnut

After over 470 cars there is one thing I will tell you, a good deal is nothing more than a state of mind. I've seen people post what they think a car should be worth, in some cases far below the market average, which is probably why some folks take so long to find a car to buy. I'm old and not very patient. There are CPO'd (same year) cars with over 40K miles with asking prices in the mid 70's. If the car has what you want and you want it, then it can be a good deal for you. Spring is coming and prices tend to go up not down during better weather months. The car I bought is my winter fun car, and will go into storage on April 1st.

Bob Z.

If you like the car and $80k will not break the bank buy it. That price is not worth walking away from considering everything I have heard from you.

Dkk16

jll1011

Just one other thought. If you are going to spend $80K, do you consider searching for a 991.2 and get the associated upgrades?

Dkk16

jll1011

Ha, don't you know we are all experts? Someone on this string smartly said previously "The right price is the price the seller is willing to sell it at and the buyer willing to pay for it". I like that the best.

SLC Tortfeasor

Yeah, I'm not trying to nickle and dime the seller, but I can't afford to overpay by $4-6K. Buying an expensive sports car is already a bad financial decision. I know there are people who have way more money than me who can absorb that kind of loss without too much heartburn, but not me. I'm just looking to see if we can get the price somewhere in the fair market value range, rather than outside that range. Obviously reasonable minds often differ about what's "fair," and that's part of the reason why input from the experts here on Rennlist can be helpful.

It's funny: I can tell the seller is very ambivalent about selling. And as a buyer, I feel the same way! Part of me dreads acquiring my next 911, because I know firsthand how much of a hassle it can be to unload. If you trade it or sell it to a dealer you get screwed so the dealer can make a profit. If you try to sell it to an individual, you have to deal with annoying people like me, and the process can take a long time. And no matter what you do, you have to confront the reality of how much money you lost while owning your car. And that all assumes you didn't make any modifications to the car. If you upgrade your wheels or exhaust, you lose even more money on the deal.

Don't get me wrong, I'm looking forward to eventually getting my next 911. But the longer I wait to buy, the better. These cars are just depreciating every day, and there are always more being listed for sale somewhere.

That reminds me ... time to go check the classifieds and "hot for sale" threads!

SLC Tortfeasor

True, but if I, as buyer, am wiling to pay above the range that most would characterize as "fair market value," then I'm going to either (1) lose more money than necessary to when it's time to sell, or (2) go through a long and arduous process trying to find another guy who's also willing to pay above the fair market range. Neither of those things is very enjoyable and both would dampen my enthusiasm for 911 ownership. So I think it's worth ensuring at the outset that I don't overpay when I'm a buyer.

And to be honest, the hunt is kind of enjoyable too.

Bud Taylor

Not sure where you live but if the purchase price ia left blank on the bill of sale or the car is registered in Montana 6k is easily offset.

[QUOTE=SLC Tortfeasor;15706364]Yeah, I'm not trying to nickle and dime the seller, but I can't afford to overpay by $4-6K. Buying an expensive sports car is already a bad financial decision. I know there are people who have way more money than me who can absorb that kind of loss without too much heartburn, but not me. I'm just looking to see if we can get the price somewhere in the fair market value range, rather than outside that range. Obviously reasonable minds often differ about what's "fair," and that's part of the reason why input from the experts here on Rennlist can be helpful.

It's funny: I can tell the seller is very ambivalent about selling. And as a buyer, I feel the same way! Part of me dreads acquiring my next 911, because I know firsthand how much of a hassle it can be to unload. If you trade it or sell it to a dealer you get screwed so the dealer can make a profit. If you try to sell it to an individual, you have to deal with annoying people like me, and the process can take a long time. And no matter what you do, you have to confront the reality of how much money you lost while owning your car. And that all assumes you didn't make any modifications to the car. If you upgrade your wheels or exhaust, you lose even more money on the deal.

Don't get me wrong, I'm looking forward to eventually getting my next 911. But the longer I wait to buy, the better. These cars are just depreciating every day, and there are always more being listed for sale somewhere.

That reminds me ... time to go check the classifieds and "hot for sale" threads![/QUOTE

NNN Investment

$76k is MMR. So anything close to that is good.

AWay

He wants 80. What do you want to spend? Easy enough to come together or walk away depending on that spread. If you are ready to purchase or mail a check that can also be persuasive to a seller.

Consider this. If this is basically the exact spec you're looking for and you pass on this car, when is the next one just like it going to become available? And at what price? I would hate to lose a season of driving and enjoyment for a couple k.

mb1

Not that I know any more than anyone else, but I don't think that "great deals" really exist. They're just "deals" that anyone else could get also (with rare exceptions), but that the seller is good at his/her job and makes the buyer think that they're special/better negotiator than everyone else.

Bob Z.

I disagree. Sometimes one finds themself in the right place at the right time. I once picked up a ride that the owner wanted to sell ASAP due to a divorce that came up after he listed it. Or there are times someone wants to pursue an investment deal of some sort and make sense to them to dump a car in order to make more elsewhere. I wil agree that "great deals" are not that common but they do exist.