HOT FOR SALE: Pick of the Week 991
01-26-2017 | 11:25 PM
#7261
Rennlist Member
Joined: Jul 2012
Posts: 7,739
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From: US
Forget about the 'depreciation table' method of valuing a 991.1... Way too many variables on condition, build, and desirable options. This thread also has really great comparative info from other cars both for sale and sold, much more accurate than a pure accountants view.
Looks like a nice build, low miles, and a pretty decent price at $70.5K. $65K would be a steal for that build, no carfax blems and the miles. If you can get them to cover the $800 in fees, I'd say go for it if you like the car!
Looks like a nice build, low miles, and a pretty decent price at $70.5K. $65K would be a steal for that build, no carfax blems and the miles. If you can get them to cover the $800 in fees, I'd say go for it if you like the car!
01-26-2017 | 11:28 PM
#7262
Thread Starter
Race Director
Joined: Nov 2014
Posts: 13,800
Likes: 200
From: FL
^^^ well said. That depreciation table should be taken with a grain of salt. I would never reference it. It's too generic and not accurate for reasons described. It's a fluid sales market out there.
01-27-2017 | 01:59 AM
#7263
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Joined: Feb 2012
Posts: 817
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From: Seattle
Originally Posted by Hurricane
I am normally one to run from a car with an accident history, but I could see doing some research on that one...seeing what was actually fixed on it and how well it was done. A good PPI, if everything checked out.....would be a special car. 
Not for me, of course...I still haven't found anything I would prefer over my black beauty (and I am really not looking!), but for someone it could be a very special car!
Not for me, of course...I still haven't found anything I would prefer over my black beauty (and I am really not looking!), but for someone it could be a very special car!
01-27-2017 | 02:05 AM
#7264
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Joined: Jul 2012
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From: US
What would you guys offer considering the "dirty carfax?"
Accident history with unknown specifics... -20% from a clean carfax example.
If there are details on the repair, it is relatively minor, and a top quality repair... -10%
Salvage title... -40%
If your sure you won't be reselling the car for many years, it doesn't make as much difference. But Porsches with accident history get super-lowballed on trade-in and are hard to sell privately, especially without documentation on the damage and repairs.
If there are details on the repair, it is relatively minor, and a top quality repair... -10%
Salvage title... -40%
Last edited by pfbz; 01-27-2017 at 02:17 PM.
01-27-2017 | 10:21 AM
#7265
Thread Starter
Race Director
Joined: Nov 2014
Posts: 13,800
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From: FL
Originally Posted by paxton
What would you guys offer considering the "dirty carfax?"
Also, if it's going to be a long term keeper. With minor damage, and documented, shouldn't be a long term issue. For all we know, could just have been some bumper damage with that getting replaced. Or it could have been more? We need details.
Anyone call them? I tried few times yesterday, phone line was busy.
01-27-2017 | 10:28 AM
#7267
Pro
Joined: Feb 2016
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$73,000 asking price. The day after test driving it, I offered $67,500 (plus about $800 in dealer fees). They called back with $70,500.
...
Using the "Depreciation table" from another thread it shows a 5 year old car should be 54% of new price which is $63,474. The table allows an added 5% for only 5,000 miles a year so if I assume 2,000 mile a year is worth 6.5%, that would be $67,600.
...
This car is near what I want. ...
I wouldn't mind waiting a few more months and finding something with the SD steering wheel, PSE and maybe some more leather that hasn't spent a month or more in the rain for a few more $$$ but I don't want to spend much over $75k.
...
Using the "Depreciation table" from another thread it shows a 5 year old car should be 54% of new price which is $63,474. The table allows an added 5% for only 5,000 miles a year so if I assume 2,000 mile a year is worth 6.5%, that would be $67,600.
...
This car is near what I want. ...
I wouldn't mind waiting a few more months and finding something with the SD steering wheel, PSE and maybe some more leather that hasn't spent a month or more in the rain for a few more $$$ but I don't want to spend much over $75k.
It is a 5 year car, despite the mileage, and it doesn't seem to fit 100% of your criteria (PSE+SD wheel, at least should have multimedia).
If I were you, I would up your initial offer by 1k and tell them it is final, and would be ready to walk away if they don't take it.
01-27-2017 | 10:31 AM
#7268
Thread Starter
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Joined: Nov 2014
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From: FL
Originally Posted by paxton
What would you guys offer considering the "dirty carfax?"
Also, if it's going to be a long term keeper. With minor damage, and documented, shouldn't be a long term issue. For all we know, could just have been some bumper damage with that getting replaced. Or it could have been more? We need details.
Anyone call them? I tried few times yesterday, phone line was busy.
01-27-2017 | 10:50 AM
#7271
Thread Starter
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Joined: Nov 2014
Posts: 13,800
Likes: 200
From: FL
The "perfect" pre-owned build rarely happens. One needs to be flexible or be a lifetime shopper. There are always trade-offs.
Wait and pay $10K more for another car?? Always a gamble. That's the fun of it. The reason why guys keep coming back here even after a purchase
Wait and pay $10K more for another car?? Always a gamble. That's the fun of it. The reason why guys keep coming back here even after a purchase
01-27-2017 | 11:41 AM
#7272
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Joined: Feb 2012
Posts: 817
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From: Seattle
Depends extent of damage. Seems to me, the CarFax has been factored into the price.
Also, if it's going to be a long term keeper. With minor damage, and documented, shouldn't be a long term issue. For all we know, could just have been some bumper damage with that getting replaced. Or it could have been more? We need details.
Anyone call them? I tried few times yesterday, phone line was busy.
Also, if it's going to be a long term keeper. With minor damage, and documented, shouldn't be a long term issue. For all we know, could just have been some bumper damage with that getting replaced. Or it could have been more? We need details.
Anyone call them? I tried few times yesterday, phone line was busy.
01-27-2017 | 12:10 PM
#7273
Rennlist Member
Joined: Jun 2013
Posts: 1,757
Likes: 144
From: San Francisco Bay Area
Yes, how can you do a PPI if there is a clear bra? Maybe check underneath to see what other parts were replaced? It is an interesting car but that Carfax report is just too odd, given that it was damaged even before it was built???? Someone knows and is not talking.
01-27-2017 | 12:12 PM
#7274
Advanced
Joined: Jan 2009
Posts: 99
Likes: 1
RAC had no explanation for the odd CarFax? what a bummer, because that is a sweet car!
01-27-2017 | 12:24 PM
#7275
Instructor
Joined: Apr 2002
Posts: 174
Likes: 71
From: Fayetteville, AR
Hello all!!
I'm getting interested in a car that is local to me and wanted to tap the knowledge base here for any opinions.
The car is at Hendrick Chevy in Cary NC despite a Hendrick Porsche dealer being a few miles away.
http://www.hendrickchevrolet.com/use...AB2A93CS121086
2012.5 Silver C2S with 9,700 miles. $117,545 build with most of the desired options except PSE. Two owners, first was almost a 3 year lease and the second owned it for about a year. Clean carfax. $73,000 asking price. The day after test driving it, I offered $67,500 (plus about $800 in dealer fees). They called back with $70,500.
I'm getting interested in a car that is local to me and wanted to tap the knowledge base here for any opinions.
The car is at Hendrick Chevy in Cary NC despite a Hendrick Porsche dealer being a few miles away.
http://www.hendrickchevrolet.com/use...AB2A93CS121086
2012.5 Silver C2S with 9,700 miles. $117,545 build with most of the desired options except PSE. Two owners, first was almost a 3 year lease and the second owned it for about a year. Clean carfax. $73,000 asking price. The day after test driving it, I offered $67,500 (plus about $800 in dealer fees). They called back with $70,500.
