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Death of Porsche: 993 Sandwich (need comparables)

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Old 07-10-2006, 07:45 PM
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ReidHJ
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Default Death of Porsche: 993 Sandwich (need comparables)

Here is the brief, violent history of my 993 and a request for help, so I can "get back on the horse"

How to kill a 993 in four short weeks:
Week 0 -- Purschased '96 911 C2 Coupe. Black on Gray. 41k miles. 18" twists. Basically mint. Drove wonderfully. $38,500.
Week 1 -- Rock to the windshield. Pay the $250 deductible and replace the windshield.
Week 2 -- Radio antena doesn't work after windshield replacement, re-replace the windshield (no charge).
Week 3 -- Backed into a car in my parking lot, dinging the rear bumper (crushing the Hyundai). Insurance notified, premium raised.
Week 4 -- On the Dulles Toll Road in VA, I was rear-ended by a rental Taurus and driven under the 2006 F-150 in front of me, causing a "993 Sandwich". I knew there was a reason I didn't like Fords.

(I don't appear to be able to upload photos, as I am not a paying member, or I would.)

As you may know, the bumpers on a F-150 and a 993 don't line up. The result was a brutal, crushing all of the driver's side sheetmetal up to the windshield and the shearing off of the driver's front wheel. The driver's rear quarterpanel held up like a champ to the offending rental Taurus, but still deformed several inches.

The F-150 suffered terrible scratches to it's trailer hitch.

I heard today that my 993 is a total loss. So it goes...

Here's why I need some comparables.

My insurance company is offering me $32,400 for my mint '96 993 with 40k miles. I need to show them, with actual purchase histories, that these cars typically go in the high 30s/low 40s when they have low mileage and are in great condition. I have found a couple of closed auctions on eBay that supprot this position.

Does anyone have any recent purchases that can share with me that support high 30s for such a car?

If I take a $6k loss on a car I've owned exactly 30 days, there's little chance of convincing my wife to get another one. If I can recover close to what I paid for the car, I will be back in the market.

Thank you for your help.
Old 07-10-2006, 07:48 PM
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Mark1996
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I paid $42,500 for a 1996 C2 Coupe a month ago. All stock with 20,000 one owner miles.
Old 07-10-2006, 07:52 PM
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TomF
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Sorry to hear about your misfortune. I hope that you will get an even better 993 soon.

JustAnotherRed993 is the person to talk to about insurance issues. He has been very helpful. He may have an approach that will win over your insurance company. Do a search under his name and email him. (If he doesn't see this!)
Old 07-10-2006, 07:54 PM
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gonzilla
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Check out these message threads as they have good info on insurance claims:

https://rennlist.com/forums/993-forum/282306-justanotherred993-formal-intro-and-insurance-advise-thread.html
https://rennlist.com/forums/993-forum/277069-insurance-suggestions.html
https://rennlist.com/forums/993-forum/278804-993-insurance-evaluation.html
Old 07-10-2006, 08:03 PM
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shaynes
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Contact the dealers, Tim Holt( Holt Motorsports) Ray Joseph(RPM Motorsports) Michael Willhoit(Willhoit Enterprises) Truspeed Motorcars all of these guys can provide you a crap load of info, Holt will have the most comps with that mileage range, the others would be for lower mileage cars.
Old 07-10-2006, 08:27 PM
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obchuck
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I purchased a '96 Carrera w/just under 27K miles for $40K @ end of March. Don't know how I could prove to your insurance guy, but it's a fact.
Old 07-10-2006, 08:30 PM
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jhale
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I am sorry to hear about your misfortunes. Good luck with the insurance companies.
Old 07-10-2006, 09:15 PM
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Dr. No
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Originally Posted by JustAnotherRed993
and if you think my advice is helpful...become a rennlist member...I didn't post it for freeloaders
Ditto, and you might look through back issues of Excellence, and their market reports for the 993.
Old 07-10-2006, 09:20 PM
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Show them your 4 week old bill of sale, that should be proof enough.
Old 07-10-2006, 09:50 PM
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vjd3
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Find a dealer or body shop with the Black Book Cars of Particular Interest. That is going to be your best number. Then do a search nationwide in Panorama, Rennlist, cars.com and Auto Trader, and find a dozen examples of 96 Carrera 2's with similar mileage to yours -- only the cars very near or above that CPI number. Deliver this to your agent along with a xerox of the page from the CPI book.

It worked for me; when my 95 C2 was totalled 4 weeks after I got it, the first offer was $28k; I did what I just told you to do, the second offer was $40k.
Old 07-10-2006, 09:56 PM
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Dr. No
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Originally Posted by fbfisher
Show them your 4 week old bill of sale, that should be proof enough.
Fred, are you ever going to post pics of your Ocean Blue respray? The new avatar is a tease.
Old 07-10-2006, 10:06 PM
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gonzilla
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Originally Posted by Dr. No
you might look through back issues of Excellence, and their market reports for the 993.
Actually, their values are notoriously low. But check them out for fun anyway (just don't show them to your insurance agent).
Old 07-10-2006, 10:18 PM
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95 C4 993
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I had my 77 Bronco appraised professionally right when I bought it because being a $14k vehicle (that was 2 years ago and the prices are still going up) and having something happen and tell me blue book is $5k would send me into tazmanian ******* with an insurance company. No worries with Haggerty, which does classic vehicles.
Old 07-10-2006, 10:30 PM
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TRINITONY
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Originally Posted by ReidHJ
Here is the brief, violent history of my 993 and a request for help, so I can "get back on the horse"

How to kill a 993 in four short weeks:
Week 0 -- Purschased '96 911 C2 Coupe. Black on Gray. 41k miles. 18" twists. Basically mint. Drove wonderfully. $38,500.
Week 1 -- Rock to the windshield. Pay the $250 deductible and replace the windshield.
Week 2 -- Radio antena doesn't work after windshield replacement, re-replace the windshield (no charge).
Week 3 -- Backed into a car in my parking lot, dinging the rear bumper (crushing the Hyundai). Insurance notified, premium raised.
Week 4 -- On the Dulles Toll Road in VA, I was rear-ended by a rental Taurus and driven under the 2006 F-150 in front of me, causing a "993 Sandwich". I knew there was a reason I didn't like Fords.

(I don't appear to be able to upload photos, as I am not a paying member, or I would.)

As you may know, the bumpers on a F-150 and a 993 don't line up. The result was a brutal, crushing all of the driver's side sheetmetal up to the windshield and the shearing off of the driver's front wheel. The driver's rear quarterpanel held up like a champ to the offending rental Taurus, but still deformed several inches.

The F-150 suffered terrible scratches to it's trailer hitch.

I heard today that my 993 is a total loss. So it goes...

Here's why I need some comparables.

My insurance company is offering me $32,400 for my mint '96 993 with 40k miles. I need to show them, with actual purchase histories, that these cars typically go in the high 30s/low 40s when they have low mileage and are in great condition. I have found a couple of closed auctions on eBay that supprot this position.

Does anyone have any recent purchases that can share with me that support high 30s for such a car?

If I take a $6k loss on a car I've owned exactly 30 days, there's little chance of convincing my wife to get another one. If I can recover close to what I paid for the car, I will be back in the market.

Thank you for your help.
Tell him to visit Cherner on River & Falls road to get an idea of pricing. And check the asking price for similar cars on http://www.sloancars.com/vs1/inventory.asp
Old 07-10-2006, 10:59 PM
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shattergard
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I just purchased a 993 cab w/ 13400 miles for 48500. I have paperwork if it helps you out.

good luck

jordan


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