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Excellence Magazine 993 Market Prices

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Old 12-22-2006, 03:37 PM
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DC from Cape Cod
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If you want to believe a source that says....

Excellent 1998 993S.......$35,213
Excellent 1996 C2........$33,213

...then be my guest. These numbers are from the OP.

Heck, some people still believe the world is flat too.
Old 12-22-2006, 03:51 PM
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Thaddeus
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Excellence hasn't printed my last 2 Reader's Sales reports either. Ungrateful cads.
Old 12-22-2006, 04:30 PM
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Originally Posted by jimbo3
Wow! I thought Excellence's market prices were close to slightly below "real world" last year. This year, the February 2007 (out already??) they figure an "excellent" '98 993S at $35,213! Hmmm, where do I find one of those???

Mine is a '96 C2 in "excellent" condition, which they say is worth $33,213. Someone would have to pry the wheel from my cold, lifeless hands before I'd sell it for that. Or, maybe someone wants to trade their low-mileage '98 "S" for my C2 and a couple grand?
Excellence magazine has become nothing but a lap dog for PCNA, in my estimation. They're out of touch with the old cars, as that 993 market valuation proves.
Old 12-22-2006, 04:33 PM
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Originally Posted by DC from Cape Cod
If you want to believe a source that says....

Excellent 1998 993S.......$35,213
Excellent 1996 C2........$33,213

...then be my guest. These numbers are from the OP.

Heck, some people still believe the world is flat too.
If I could sell my 96 narrow body and buy a 98 widebody for an extra $2k, I'd do it in a hearbeat. There is absolutely no way only $2k separates 2 years AND the widebody style. Excellence is absolutely smoking crack. But not that it matters since I'm not selling....
Old 12-22-2006, 04:34 PM
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Originally Posted by Thaddeus
Excellence hasn't printed my last 2 Reader's Sales reports either. Ungrateful cads.
Thad - what did you send them? I'd be interested to see it.
Old 12-22-2006, 04:39 PM
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Thad... ditto Adrinenne's comment. What did you send them
Old 12-22-2006, 05:00 PM
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I wish I was selling whatever they are smoking! They must be using the "The Insurance Adjuster's Guide To Fat Bonuses"!

Look like someone set an incorrect value some years ago, and every year the Editor says "reduce last years values by x% and publish this year's guide".......
Old 12-22-2006, 06:24 PM
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Originally Posted by Adrienne
Go ahead and try to find that example then. By posting the price you paid for your car, you have only added to the sentiment here that the price in Excellence is way under-valued. Your car is a year older, a tip, and most notably not an S, so yours is valued far less than the given example. By way of comparison, you likely paid $10k too much according to Excellence.
My own car is one example of a known purchase price that can be compared with Excellence's market value for my specific year and model.. Why are you even talking about comparing my car to a year older car, not an S, blah blah blah? Check the newest Excellence which I just got today and the price I paid is within a few hundred of the price they show for an excellent car. This is merely one data point to support their prices but there are others...check their reader's sales reports.

One problem is there aren't enough of some models of Porsches that change hands often enough to really establish reliable market values. This might even apply to 993 TT, 2S and 4S models. I know that I have checked Kelley Bluebook and NADA and if you think Excellence is low, take a look at those! I really think some of us have an inflated notion of what are cars are worth. I'd like to hear some more recent reports from some buyers and sellers with actual prices.

One more thing....did I likely pay $10K too much according to Excellence as you suggest? No way! I got a car I wanted at what I considered a fair price and fellas, that's the absolute bottom line as far as I'm concerned! No one twisted my arm and I didn't commit any robbery to get the cash.

Pete
Old 12-22-2006, 08:45 PM
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That's ridiculous. Not that I would sell my 993 - but I have gotten at least two unsolicited offers for my car, well above REAL market value. The only thing stopping me was, it still wasn't nearly enough to afford a nice 965 or 993TT
Old 12-22-2006, 09:07 PM
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Just sold my '97 C2S today, and the Excellence article gives me the uncontrollable laughs!
Old 12-22-2006, 09:18 PM
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Default Sell yours

Maybe I’m simple minded but in my Econ 101 class I learned supply and demand establishes market price. Not a magazine or white-collar writers, just simply supply and demand. Last I checked they don’t make 993 anymore, but you never know maybe China or Mexico will get into the business. Then those prices just might be dead on!
Old 12-22-2006, 09:34 PM
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Arguing this further is pointless.

If you need clarification, send an email to Alfie from IRA Porsche. He is a Rennlist sponsor and I am sure he will be happy to teach you all you wanted to know about accurate 993 values.

He told me that if I was ever to sell, that I would get at least $60K....and he is not the only dealer/broker that feels that number is accurate.
Old 12-22-2006, 09:42 PM
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I think they are right-on for the 924 market though.
Old 12-22-2006, 09:54 PM
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Originally Posted by DC from Cape Cod
Arguing this further is pointless.

If you need clarification, send an email to Alfie from IRA Porsche. He is a Rennlist sponsor and I am sure he will be happy to teach you all you wanted to know about accurate 993 values.

He told me that if I was ever to sell, that I would get at least $60K....and he is not the only dealer/broker that feels that number is accurate.
Based on my experience today....you will!
Old 12-22-2006, 10:03 PM
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Default What Excellence didn't print

Here's what I sent them:

"Hi, I bought a Carrera 4 last Tuesday. It is the coolest car in the entire Universe. Here's the details:

1995 911 Carrera 4, 57,000 miles. Guards Red with Cashmere Beige/Black leather interior, 6 speed manual transmission, dual heated "comfort" seats, Porsche AM/FM Cassette with Porsche in-trunk 6 CD changer. Sunroof.

Car is bone stock except for Fabspeed exhaust and TechArt pedals and Techart strut tower brace. Paint is deeply glossy, interior very clean, very minor scuffing on driver's seat door side bolster. A few rock chips on nose that have been touched up. Everything tight, solid, clean, and working great. Everybody who sees it thinks it's a brand new car except Porsche afficionados familiar with the marque. Many records and comprehensive oral history of the vehicle. Brake pads and rotors just replaced. Needs nothing except for fluid changes, which it may not "need" but I'll be doing anyway. 33,500.

PS: the option codes from the front trunk lid sticker:

Code Option Description
139 Seat Heating - Left
331 AM/FM Cassette w/2 door speakers
340 Seat heating - Right
425 Rear wiper
437 Comfort seat left
438 Comfort seat right
454 Automatic speed control
490 Hi-Fi sound system
650 Sunroof
C02 Equipped with catalytic converter

regards,

(sig)"

Last edited by Thaddeus; 12-22-2006 at 10:04 PM. Reason: What Excellence didn't print


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