DC from Cape Cod

In the home appraisal business, the opinions of builders and realtors are worthless. The only thing that matters are comparable, verifiable sales.

Pay for an appraisal that includes these and stop wondering.

IXLR8

I can give you an example where published values weren't even close to what I got for my written off motorcycle.

According to "the book" my motorcycle was worth about 6500 Euros. Thanks to an appraiser, I got 9500 Euros who happened to pull an add from a local dealer who had the identical motorcycle for sale and with more mileage.

Those published values are guides at best.

H.H.Chinn

Amazingly enough this type of thread comes up every year at this time, one can't believe everything they read.
Interestingly enough, it seems most of the UK publications have nothing but praise for our 993s in recent comparison articles.

Unfortunately the authors of these domestic publications don't do their homework compiling comparable sales figures for these types of articles that are essentially regurgitated from the years previous. Just look at the artwork that accompanys the text and you'll see the shoddy cut and paste layout. That's why I'll only pick up these issues to read off the rack and return it to the rack with a good laugh.

matt777

Who told you that?

95 NC 993

As stated many times already, let's dare him to find one in his price range. We'll hear back from him in a few years saying, "Guess I was wrong".

timothymoffat

Update: https://rennlist.com/forums/993-foru...-for-sale.html

TWO DAYS to sell at an asking price 40% above BA's high price!

993 Azul

+1

Joseph

96 C2

race911

Go dig up the thread and see where the conversation went. Mainly that I got a couple of opinions that we'll say were outside of the bell curve. I've no doubt I could have sold the car many times over at $25K. As with the RS America that I've offered up for $20K+. But even at those prices, you'll still get someone who bitches that it's not a 10K mile, one owner, fully optioned car with video documentation of the car's 24/7 existence since it rolled off the assembly line.............

(Anyone who knows me is well aware that I don't go out to the garage to rub one out over looking at and/or listening to the car.)

turbobooost

I'VE TRIED TO TALK TO "BA" ON SEVERAL OCCASIONS REGARDING WHAT THE 993 CARS ARE SELLING FOR ON THE STREET TO NO AVAIL ..PERHAPS HE CAN'T HANDLE THE TRUTH !!! JUST SOLD A 98C2S FOR $79,750.00 AND BASED ON WHAT HE THINKS,THAT WOULD PUT HIM IN REHAB !!!!

TTKan

+1 It must have been the color!

DaveM993

As far as I am aware, Bruce has not responded to any questions about methodology. Many have emailed and asked...no one has gotten an answer.

I state this definitively...



....in hopes someone posts to prove it wrong!

Ed Burdell

Perhaps totalled wrecks are counted as "so-so" condition...

TTKan

I believe one of Bruce Anderson's biggest problems is his uniform 10% adjustment for low-mile cars. Clearly, you cannot take a car that would, on average, expect to have 60k miles given its production date, but only has 5k or 10k miles and adjust the "market price" by a flat 10%. The price adjustment for miles would have to based on the difference between expected miles and actual miles. This is certainly the way it works in the market . . .

turbobooost

THAT'S RIGHT BIG D !!! MILES AND CONDITION ON PORSCHE CARS ARE LIKE "LOCATION",LOCATION" IN REAL ESTATE !!!!!!!!!!!!! IT ISSSSSSSSSSSSS EVERYTHING !!!!!!

matt777

Good point. Even 60k is low miles for a 993 and deserves a premium depending what you want to call your median mileage and price. Of course our cars haven't followed a traditional depreciation curve like most cars do. A 10k car is ultra low mileage of course and probably shouldn't even be covered in any sort of valuation matrix.