Jamvr10

Was looking at this 2014 c4s with reported very minor damage reported on carfax. Was wondering what the value hit, depreciation and how hard this will be to sell or trade in the future. Here is the link to the car fax and the original build sheet. Seller is looking for 83k on it. Has just over 10k miles.

http://www.carfax.com/VehicleHistory...B2A96ES122252#

Build $127,715
Additional Equipment

030 PASM Sport Suspension176 Sport Exhaust System 427 20" Carrera Classic Wheels 446 Wheel Center Caps with Full-Color Porsche Crest 636 ParkAssist (front and rear) 653 Sunroof in glass 840 SportDesign steering wheel AJ Standard Interior with Leather Seats in Black P07 Adaptive Sport Seats Plus (18-way) P3F Premium Package i.c.w. Adaptive Sport Seats Plus (18-way) P3H BOSE® Audio Package XAS SportDesign front fascia XEX Bi-Xenon headlights in Black with Porsche Dynamic Light System (PDLS) XFG Instrument dials in Guards Red XSC Porsche Crest on headrests XSX Seat belts in Guards Red Z4 Basalt Black Metallic ZAB Ornamental Porsche Crest

LexVan

Left rear impact in side swipe would hardly be minor, IMO.

Figure 15% depreciation each year. Is down to $92,500.

Then whack off another 25% for the accident damage. So, down to $69,400.

And that's only IF everything checks out 110%.

titleistaddict87

Pretty iffy if you ask me. There will be other cars out there without the damage. The only way I would buy a car like this is if my mechanic got it up on a rack, drove it around, and it fully checked out and he gave me the thumbs up that it was a complete and total repair. I'm worried the report says the accident was 12/14 but an inspection 10/15 revealed damage. Suggests to me it wasn't necessarily repaired properly and there's clearly evidence of damage.

IF it checks all the way out then I'd whack the current seller with a huge discount and see if he goes for it.

dflowerz

I was in a similar situation and took the Rennlist advice and passed. Dealer claimed they could not find out what had happened to the car. So either they did not know or they did not want me to know. Carfax is a blessing and a curse. A blessing because you know something is up with the car. A curse if you are the owner and trying to sell.

sracer

I posted a 14 C4S in the hot sale thread earlier today, 26K mile but clean carfax i think

Michael_s

Just say no. Resale would be very tough. Not worth it. Keep looking.

fast1

I suppose everyone has their own definition of "very minor damage", but a collision with another vehicle wouldn't fit my definition. To me "very minor damage" would be something along the lines of an acorn falling on the hood of a car and leaving an impact depression and maybe the lost of some paint.

I'm sympathetic to the owner of the car, but unfortunately it will be challenging for him to get anywhere near the average retail for his car. If it were truly very minor damage, it would have been less costly for him to just pay for the damages and not involve insurance companies. I'd rather pay a few hundred dollars out of pocket than to have my car appear as having had an accident on CarFax.

Key Left

Any Carfax my dealer told me is a $20K hit.

Hammer911

That's why it is important with these cars to push for "diminution of value" in any insurance claim.

nkhalidi

1. There's a lot of speculation here about the extent of damage based on four words. Since it appears the car has remained in S. Fla. since it was new, a S. Fla. collision shop probably repaired it. There are a few within a couple blocks of Collection - Countach first comes to mind. See if you can obtain the final bill from the repair shop to the owner or insurance company. That will be a good indication of the actual extent of damage.

2. Once you determine the cost of repair, you can almost as-a-rule reduce the full retail price (via NADA or KBB or whatever) by the cost of the repair. So if an identical vehicle without damage or repair would be worth $80k and the repair cost $12k, then your car here might be worth $68k.

About a year ago I sold a Cayenne with a couple Carfax collisions, and prospective buyers had no questions since I could readily produce photos of the damage and final repair bills.

Finally, I've been told that a Porsche dealership may designate as CPO a car with collision history, up to a point.