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991 pricing is out of control right now

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Old 10-25-2021 | 01:57 PM
  #1576  
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Just an opinion, but I think your car should retail in the range of $68k to $70k. Nice car, but in my mind, the number of miles would be a disincentive.

The yellow is a hot button for some, and definitely the opposite for others - very polarizing.

Good luck with the sale.

Old 10-25-2021 | 02:48 PM
  #1577  
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Originally Posted by mjposner
Is mine overpriced? (https://rennlist.com/forums/market/1271385) Most offers are $55-60k. I have an offer at $64k but not sure on payment (see this thread: https://rennlist.com/forums/991/1273...991-1-a-3.html)
I never miss a chance to rant about the ****ty second-hand Porsche community:

I've sold a lot of private party cars over the years and this experience with my 991.1 4S was my only negative one. The used Porsche market was just full of low-balling ******** trying to get 2019 prices and nitpicking every little detail. At the time, I had the ONLY low milage 991.1 4S in the country (it was amazing spec too) and everyone wanted to tell me it was a POS. They were more interested in winning a good deal than actually owning a Porsche. Many of them actually resorted to name calling when I wouldn't give them what they wanted. It was a joke. One chode was demanding I replace the perfectly good tires and remove the window tint at my expense BEFORE he would make me an offer. Outrageous. The number of boomers that kept telling telling me they were paying cash like its some life achievement was embarrassing. Literally, "I have all this cash and own ten houses and finally want to treat myself to a Porsche before I die. But I want it for $10k under market." <---- That is not an exaggeration. That discussion happened.

All this gaslighting got to me and I started thinking I was totally off base.

After six weeks of dealing with ********, I reached out to a dealer for a sanity check. They made me an offer ABOVE what people had been offering me private party. This affirmed that my asking price was reasonable and that these Porsche people were just dicks. So I sold it to the dealer, sight unseen, that day. The dealer had it sold within two weeks at a price ABOVE what my asking was. Again, stupid. For some reason, Porsche people would rather pay more to buy from a dealer that didnt care about service history or anything else instead of a private seller with a folder full of service documents..... It blows the mind. But thats what it was. I reached out to a few other private sellers who were dealing with the same BS. So my experience isnt unique.

My suggestion would be to not listen to anyone in the Porsche community about what your car is worth. They just like to run their mouths. "Yellow isnt in demand", "PDK isnt in demand", "But the KBB price....." etc. If you want the most from your sale, you'll have to be patient and wait for the right buyer to come along. Believe in your data: look up comps (cargurus and BAT) and set your asking price. Remeber, BAT charges a $5k buyers fee, so the selling price on the auctions should EASILY be what your get for yours. Then wait for 2-3 months for the right buyer to come along. Things will ***** up again in the spring/summer too. I would also reach out to a specialty used car dealer (Not the official Porsche dealer) in your area to see what they would offer. You might be surprised.

Last edited by Macan't; 10-25-2021 at 02:51 PM.
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Old 10-25-2021 | 06:57 PM
  #1578  
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I'm looking for a good example .1S

moving to FL this weekend - cash buyer, former owner of multiple GT cars

PM me with anything - hoping for non-metalic colors
Old 10-25-2021 | 07:58 PM
  #1579  
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I skipped the hassle of selling privately, probably worth it in all honesty.

I'm currently waitlisted for an allocation for a 992 S, so I just traded my 991.2 C2S manual in on a brand new Audi RS5 (no markup). I paid $103k for my 911 just over a year ago, and got $105k on a trade in. My state offers tax credits on trades so I saved another few grand there as well (about 6 grand if my math is correct???)

I can't really complain. If what this board claims is true, I could have potentially gotten as much as $115-120k for it (it may sell for that much as it is a CPO car with 12.5k miles on it, exquisitely maintained), but in the end I drove it for a year, put 4k miles on it and MADE MONEY on it.

Not too bad.
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Old 10-25-2021 | 09:56 PM
  #1580  
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If I sell I will need to sell by 12/3 otherwise I will get my cash elsewhere and just keep car.
Old 10-26-2021 | 08:28 AM
  #1581  
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Originally Posted by manifold danger
I skipped the hassle of selling privately, probably worth it in all honesty.
I drove into a Ford dealer and drove out a Ford Ranger Lariat truck. Yes, truck. Fair trade and got a new vehicle and a check. No time for hassle.
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Old 10-26-2021 | 09:20 AM
  #1582  
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What's a fair price on a 2018 991.2 C2...black on black on black, premium package, PSE, 16k miles, CPO until 2024? Nothing really close to that spec on Cargurus but looks like everything is north of $100k which seems....nuts?

Last edited by shockedcape; 10-26-2021 at 09:24 AM.
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Old 10-26-2021 | 11:15 AM
  #1583  
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Old 10-26-2021 | 12:25 PM
  #1584  
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I just paid $100,677.00 for a 2017 C2, PASM, PDK, 20's, 36k miles, 5 year/75k mile warranty, all service records and a clean carfax, freshly serviced...

After having several cars sold out from under me, what I'd been approaching with a degree of ambivalence became an obsession. According to my spreadsheet I paid a nearly 40% premium of what a 4 year old base carrera cost just a few years ago. That said, I got $40k trade for my '19 BMW 440i Msport with 38k miles on it that I bought 2/2020 as a retired service loaner for $43,700 - MSRP was $65k according to the window sticker.

For me, entry price into the world of 911's was steep. However, I intersected this with my goal of owning a 911 since I was a kid (I'm 44 now) and the fact that old guys all around me are too broken or ill to do the things they waited to do and some other factors - the price became almost irrelevant as I was tired of waiting. Probably, prices literally peaked the day I bought my car. Even if that were true I really don't care. I have what I want, I'm in the game, I LOVE this car despite it not being the uber spec I'd often drool over. My plan is to daily it, rack up obscene miles, enjoy every minute I'm blessed with it and begin plans to add to my Porsche stable.

I'm part of the problem. You're welcome
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Old 10-26-2021 | 12:30 PM
  #1585  
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Originally Posted by Burnt Reynolds
I just paid $100,677.00 for a 2017 C2, PASM, PDK, 20's, 36k miles, 5 year/75k mile warranty, all service records and a clean carfax, freshly serviced...
After having several cars sold out from under me, what I'd been approaching with a degree of ambivalence became an obsession. According to my spreadsheet I paid a nearly 40% premium of what a 4 year old base carrera cost just a few years ago. That said, I got $40k trade for my '19 BMW 440i Msport with 38k miles on it that I bought 2/2020 as a retired service loaner for $43,700 - MSRP was $65k according to the window sticker.

For me, entry price into the world of 911's was steep. However, I intersected this with my goal of owning a 911 since I was a kid (I'm 44 now) and the fact that old guys all around me are too broken or ill to do the things they waited to do and some other factors - the price became almost irrelevant as I was tired of waiting. Probably, prices literally peaked the day I bought my car. Even if that were true I really don't care. I have what I want, I'm in the game, I LOVE this car despite it not being the uber spec I'd often drool over. My plan is to daily it, rack up obscene miles, enjoy every minute I'm blessed with it and begin plans to add to my Porsche stable.

I'm part of the problem. You're welcome
I can relate, welcome to the insane asylum.....in a good way....
Old 10-26-2021 | 12:48 PM
  #1586  
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Originally Posted by Burnt Reynolds
I just paid $100,677.00 for a 2017 C2, PASM, PDK, 20's, 36k miles, 5 year/75k mile warranty, all service records and a clean carfax, freshly serviced...

After having several cars sold out from under me, what I'd been approaching with a degree of ambivalence became an obsession. According to my spreadsheet I paid a nearly 40% premium of what a 4 year old base carrera cost just a few years ago. That said, I got $40k trade for my '19 BMW 440i Msport with 38k miles on it that I bought 2/2020 as a retired service loaner for $43,700 - MSRP was $65k according to the window sticker.

For me, entry price into the world of 911's was steep. However, I intersected this with my goal of owning a 911 since I was a kid (I'm 44 now) and the fact that old guys all around me are too broken or ill to do the things they waited to do and some other factors - the price became almost irrelevant as I was tired of waiting. Probably, prices literally peaked the day I bought my car. Even if that were true I really don't care. I have what I want, I'm in the game, I LOVE this car despite it not being the uber spec I'd often drool over. My plan is to daily it, rack up obscene miles, enjoy every minute I'm blessed with it and begin plans to add to my Porsche stable.

I'm part of the problem. You're welcome
I'm the same age, in the same boat and made a similar decision back in July. I'd been waiting for the "perfect" moment to get my first 911 for decades. I missed out on a great 997 about 5 years ago because I hesitated. It was maybe $40k at the time; it's probably worth $55k now. My hesitation cost me money, sure, but it also cost me 5 years of joyful driving experiences.

Life is short. These aren't investments, but they are solid buys, even in crazy times like these. No one knows the future but when we get there I'll be sitting in the driver's seat of a dream car.

Besides, almost all cars depreciate, and I don't think these will depreciate any more than most. There's simply no reason to believe the market will revert to the lowest point imaginable anytime soon. It would take a massive change in supply (unimaginable right now) or demand (only a major recession/depression would do that, it seems).

That being said, I still think I got a good deal in the midst of insane premiums. Maybe I paid $10k more than "normal." I can live with that.

Drive it in good health!
Old 10-26-2021 | 01:06 PM
  #1587  
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Truth be told, it was when my dad passed away at age 63 in 2014 that changed my thinking in many regards. Now, it's one thing to be financially irresponsible, but if one has the means they need to pursue their extracurricular objectives with fervor. My father-in-law can easily afford the nice fishing boat he's always described to me. For his 70th I rented a 42 footer for a tuna trip and he ended up not being able to go because of some medical issues and the fact that he started having trouble getting in and out of his vehicle. So sad. Lack of fishing boat is not for lack of funds either. Could probably drop $30k on a kick *** jet sled with what he has wadded up under the seat of his truck. For me, buying my first Porsche was as much an achievement of a life objective, but doing so where it was no financial burden to my family was even more critical. Prices are insane, but considering I got $40k for what should have been a $20k car made it all the better.

My FIL also gives me grief for hitting the gym everyday at 10am. I'm like "really guy, look at you...you should have done so too." I get to the office at 6am daily, am there well into the dark. My two lane country twisties commute and a couple hours at the gym are well earned imho.
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Old 10-26-2021 | 01:20 PM
  #1588  
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I have over 100K miles on my 991. Been toying with the idea of throwing it up for sale. I know that the tire kickers and garage queen collectors will say my car is only worth like $10k because of the mileage so i probably wont even post it here. Seems like the Rennlist community is so infatuated with owning low-mile neglected garage ornaments with deteriorated fluids than an actual driver's car.

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Old 10-26-2021 | 02:12 PM
  #1589  
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Virtue signaling Award of the Day! 🏆

J/K..
No..
Yes
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Old 10-26-2021 | 03:21 PM
  #1590  
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Originally Posted by JuanK20
I have over 100K miles on my 991. Been toying with the idea of throwing it up for sale. I know that the tire kickers and garage queen collectors will say my car is only worth like $10k because of the mileage so i probably wont even post it here. Seems like the Rennlist community is so infatuated with owning low-mile neglected garage ornaments with deteriorated fluids than an actual driver's car.
It's not really so much about avoiding "an actual driver's car"... but when all things are equal who in their right minds would choose a car with 100k miles over one with less than 30k???

It's a rhetorical question.


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