993 wide body value thought
04-19-2011, 08:34 PM
#1
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993 wide body value thought
Recently a particular car caught my attention (this happens quite often come to think of it) so I briefly explored a trade. My car is a 97 c2s with 46,000 miles on the clock, black/black nicely optioned. My mods include: pss10's, fister's finest- III's, SSK and a golden rod, front bumperette delete with turbo s ducts and Hella driving lights, HID's and a CDR 220 w/ an iPod cable. All good.
I was looking at a car priced at $64,000 and the seller was interested in a c2s and here are is findings/comments FYI. We were too far apart and I passed, but I thought I'd share an opinion on values:
I spoke to Chris Castler, 714-396-2727, of European Collectables over the weekend, regarding your car,
it's quality and condition, based on your descrition, and it's relative value at retail and trade.
This is what he basically said:
perfect cars with under 25k miles retail for $ 42k-$45k, with dealer warranty etc., after prep and full service,
and he said that modified cars, even those with the expensive items you have installed, actually make it less desirable and harder to sell, because you have to find someone who wants those very options and values them above a stock car.
Only when you get in the realm of stunning show quality cars with less than 10k miles can you hope to get
anything over $ 50k, and a 3k mile car may break $ 60k.
Like for like, unmodified cars sell quicker for the same money,
Nick
I was looking at a car priced at $64,000 and the seller was interested in a c2s and here are is findings/comments FYI. We were too far apart and I passed, but I thought I'd share an opinion on values:
I spoke to Chris Castler, 714-396-2727, of European Collectables over the weekend, regarding your car,
it's quality and condition, based on your descrition, and it's relative value at retail and trade.
This is what he basically said:
perfect cars with under 25k miles retail for $ 42k-$45k, with dealer warranty etc., after prep and full service,
and he said that modified cars, even those with the expensive items you have installed, actually make it less desirable and harder to sell, because you have to find someone who wants those very options and values them above a stock car.
Only when you get in the realm of stunning show quality cars with less than 10k miles can you hope to get
anything over $ 50k, and a 3k mile car may break $ 60k.
Like for like, unmodified cars sell quicker for the same money,
Nick
04-19-2011, 08:39 PM
#2
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So, what did you offer the seller? Your car and how much cash? Your car should be worth mid $40's. The sellers car maybe $60 even. You couldn't get a deal done for your car plus $12-15K cash??
04-19-2011, 08:41 PM
#3
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So, if I'm following correctly, by what this dealer is saying, your car with more than 25K miles on it is worth less than $42K? That's possibly true.
While the lunatics here would hardly consider your car "modified," it takes a newbie buyer several weeks after paying a premium for his bone-stock virgin to realize that he should have taken a longer look at the cars that already had their suspensions (especially) done.
While the lunatics here would hardly consider your car "modified," it takes a newbie buyer several weeks after paying a premium for his bone-stock virgin to realize that he should have taken a longer look at the cars that already had their suspensions (especially) done.
04-19-2011, 08:46 PM
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your car has subtle mods that are functional and do not take away from stock.
your car wont fetch anymore over a stock example, but it shouldnt sell for less.
993 buyers in the know appreciate upgraded shocks because the stock shocks wear out.
A quality exhaust should never make or break a solid used 993.
Hellas and HIDs look clean and almost stock anyhow.
Front bumperette delete with S ducts are also a clean mod that would not break a deal. (it is not like it is a body kit or something)
what is "SSK and golden rod?"
Sounds like a nice 40k car.....
your car wont fetch anymore over a stock example, but it shouldnt sell for less.
993 buyers in the know appreciate upgraded shocks because the stock shocks wear out.
A quality exhaust should never make or break a solid used 993.
Hellas and HIDs look clean and almost stock anyhow.
Front bumperette delete with S ducts are also a clean mod that would not break a deal. (it is not like it is a body kit or something)
what is "SSK and golden rod?"
Sounds like a nice 40k car.....
04-19-2011, 08:53 PM
#7
Rennlist Member
Aftermarket "values"
From my perspective, esp with a higher mile 993, car for car, I would gladly pay more for a properly lowered, Bilstein/Koni/M030/PSS10'd 993. Quality 18" wheels vs. 17"oem Cups as well. I suspect, however, that this "audience" might not be "typical", though any prospective 993 owner should certainly "member-ize" themselves herewith preferably before or as soon as possibe after their purchase--from a RL member 1 month away from his 10 year "anniversary."
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04-19-2011, 11:12 PM
#8
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It was merely a passing fancy; if I was really serious I could have closed the gap and made the deal. It wasn't worth it to me, so I fell out of lust.
I agree that the numbers aren't too far off, and that most of the world doesn't understand that certain suspension changes and other certain mods are a good thing.
I just posted to provide a data point and opinion on value.
Nick
I agree that the numbers aren't too far off, and that most of the world doesn't understand that certain suspension changes and other certain mods are a good thing.
I just posted to provide a data point and opinion on value.
Nick
Last edited by NickyP; 04-20-2011 at 03:00 AM.
04-20-2011, 12:33 PM
#11
Rennlist Member
I spoke to Chris Castler, 714-396-2727, of European Collectables over the weekend, regarding your car,
it's quality and condition, based on your descrition, and it's relative value at retail and trade.
This is what he basically said:
perfect cars with under 25k miles retail for $ 42k-$45k, with dealer warranty etc., after prep and full service,
and he said that modified cars, even those with the expensive items you have installed, actually make it less desirable and harder to sell, because you have to find someone who wants those very options and values them above a stock car.
Only when you get in the realm of stunning show quality cars with less than 10k miles can you hope to get
anything over $ 50k, and a 3k mile car may break $ 60k.
Like for like, unmodified cars sell quicker for the same money,
Nick
when i sell my car, it goes back to bone stock and the buyer can purchase the other goodies if they want.
don't do any mods that are irreversible = my "mantra"
better give me your fisters now..............
craig
04-20-2011, 04:00 PM
#12
SSK = short shift kit
Golden Rod is a Fister DiPietro Motorsports shift rod upgrade http://www.fdmotorsports.net
Golden Rod is a Fister DiPietro Motorsports shift rod upgrade http://www.fdmotorsports.net
04-20-2011, 05:05 PM
#13
04-21-2011, 12:47 AM
#14
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Thread Starter
The estimate he received was from a dealer and I can't help but think that a car similar to mine or like many of the well cared for, thoughtfully modified cars belonging to a Rennlist member would fetch a higher price than suggested.
