I need an honest opinion
Thread Starter
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Joined: Jan 2007
Posts: 53
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From: Chino Hills, Ca.
I need an honest opinion
I didn’t think the day would come, but I must sell my 1997 993C2. My 993 has 98,000 miles on it and carries a salvaged title! This seems to be the biggest obstacle. I listed it at $23500.00 thinking it is low market value and that I would be willing to negotiate due to the title issue. Very few have inquired about it and those that have seem to be looking for a low mileage garage queen. Although the car is beautiful and I have no complaints, it doesn’t fit that profile. I have an offer of $16000.00. Is that a fair price in today’s market?
I am trying to get an educated idea of its worth. Any opinions? I’m not desperate to sell it yet, but if this is true market value then maybe I need to settle in to the fact that I will take a LOSS on this and move on.
The details of the car can be found here
http://www.autotrader.com/fyc/vdp.jsp?car_id=269842576
Thanks in advance
I am trying to get an educated idea of its worth. Any opinions? I’m not desperate to sell it yet, but if this is true market value then maybe I need to settle in to the fact that I will take a LOSS on this and move on.
The details of the car can be found here
http://www.autotrader.com/fyc/vdp.jsp?car_id=269842576
Thanks in advance
Race Car
Joined: Oct 2003
Posts: 4,650
Likes: 4
Looks like a clean car.
My first thought is... why was the salvage title issued? (due to what?)
If it is for more superficial damage (ie. no chassis damage) ... then the salvage is almost a non-issue.
The next question is... when was the last service done... you are nearing a 100K ?
Has a ppi been done ? any leaks?
How many owners including you?
Having said all that... I think your car should be priced at around $18-19,000 with room to negotiate.
PS: One last thing, if it is a fellow Rennlister (with paid membership) - I would nudge the $16,000 price up a little and be happy, at least you know where it is "going"
My first thought is... why was the salvage title issued? (due to what?)
If it is for more superficial damage (ie. no chassis damage) ... then the salvage is almost a non-issue.
The next question is... when was the last service done... you are nearing a 100K ?
Has a ppi been done ? any leaks?
How many owners including you?
Having said all that... I think your car should be priced at around $18-19,000 with room to negotiate.
PS: One last thing, if it is a fellow Rennlister (with paid membership) - I would nudge the $16,000 price up a little and be happy, at least you know where it is "going"
Thread Starter
Advanced
Joined: Jan 2007
Posts: 53
Likes: 0
From: Chino Hills, Ca.
The car was damaged on the driver’s side and roof. I have pics of the damage and will upload them once I resize them. I have done an oil change and small maintenance things but no large service. It has had several owners that I am aware of. I think carfax list 7.
Last edited by P7269; Nov 20, 2009 at 08:54 PM.
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Salvage title is tough to get past as a buyer IMHO. Too bad, it looks like it is well cared for. My 95 M3 had 98K miles when I sold it and it looked like new. Gotta get people to see a car like this in person to get top dollar. Internet purchasers will be rightfully cautious.