997 Pricing Help
Thread Starter
Rennlist Member
Joined: Jul 2002
Posts: 4,105
Likes: 365
From: Upstate NY
997 Pricing Help
Guys,
I tried posting this on the 997 Forum and got two responses. Can anyone here give me some help? The 997 would be a spring/summer/fall DD. I didn't mention this on the 997 Forum.
I am considering buying a 2008 997 C2 in addition to my 993. I was hoping I could get some pricing help - maybe a reasonable min/max retail number? The car is privately owned (second owner) and is excellent cosmetically. Never hit or molested, but I would PPI nevertheless.
The car is located in Upstate NY - not the hottest market for this car if it was sold locally.
Details:
- 34,000 miles
- Black/black
- Standard leather
- 12 way power seat - driver
- Xenon
- SS exhaust
- Self dimming mirrors
- Heated seats
- 19" turbo wheels
- New Michelin PS2 tires
- Sport Chrono
- Extended Navi - PCM 3.0
Any help would be appreciated. I know the owner and have driven the car. I am not expecting to steal the car, but am willing to pay a fair price - we are friends and would like it to stay that way.
Thanks in advance for the help.
I tried posting this on the 997 Forum and got two responses. Can anyone here give me some help? The 997 would be a spring/summer/fall DD. I didn't mention this on the 997 Forum.
I am considering buying a 2008 997 C2 in addition to my 993. I was hoping I could get some pricing help - maybe a reasonable min/max retail number? The car is privately owned (second owner) and is excellent cosmetically. Never hit or molested, but I would PPI nevertheless.
The car is located in Upstate NY - not the hottest market for this car if it was sold locally.
Details:
- 34,000 miles
- Black/black
- Standard leather
- 12 way power seat - driver
- Xenon
- SS exhaust
- Self dimming mirrors
- Heated seats
- 19" turbo wheels
- New Michelin PS2 tires
- Sport Chrono
- Extended Navi - PCM 3.0
Any help would be appreciated. I know the owner and have driven the car. I am not expecting to steal the car, but am willing to pay a fair price - we are friends and would like it to stay that way.
Thanks in advance for the help.
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Joined: Jan 2004
Posts: 8,684
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From: Boston, MA
Mike, i did a similar price research for a friend (who ended up buying a new 2011 this spring after that).
Go to eBay. Search for all 2008 997s. Click on Completed listings. See what sold (green price) vs. what's not sold (red price). That's the truest market barometer. Supplement it with this search: https://www.google.com/search?hl=en&...w=1280&bih=681
That's give you plenty of data to go by.
Go to eBay. Search for all 2008 997s. Click on Completed listings. See what sold (green price) vs. what's not sold (red price). That's the truest market barometer. Supplement it with this search: https://www.google.com/search?hl=en&...w=1280&bih=681
That's give you plenty of data to go by.
Rennlist Member
Joined: Apr 2004
Posts: 2,603
Likes: 141
From: South Florida & Central NJ
Mike,
You can also go to the Porsche NA dealer inventory website and sort cars based on year, model, option etc. The prices will be the upper end of the pricing spectrum and you can expect that private party pricing to be $5+ lower. When I purchased my 2008 C2S one year ago, that relationship on price held true.
The 32K mileage on the car you are interested in will bring the pricing down. even though it has lots of very nice options; the C2 tends to be about $8-10K less than an C2S. I think low to mid $50s would make sense if it was perfect. Could be lower given the end of the season.
Mark
You can also go to the Porsche NA dealer inventory website and sort cars based on year, model, option etc. The prices will be the upper end of the pricing spectrum and you can expect that private party pricing to be $5+ lower. When I purchased my 2008 C2S one year ago, that relationship on price held true.
The 32K mileage on the car you are interested in will bring the pricing down. even though it has lots of very nice options; the C2 tends to be about $8-10K less than an C2S. I think low to mid $50s would make sense if it was perfect. Could be lower given the end of the season.
Mark
Thread Starter
Rennlist Member
Joined: Jul 2002
Posts: 4,105
Likes: 365
From: Upstate NY
Thanks Mark. The car is excellent cosmetically, but not 'as new'. The owner is asking $55,000.00 I did not see it when I looked at it but she said there is a small crack in the corner of the windshield. I would ask her to have that repaired with OEM glass prior to the sale. Do you think an offer of $50,000 (PPI ok) is reasonable?
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Joined: Mar 2004
Posts: 2,218
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From: Colorado
Way too high.
I sold my 2007 Carrera S in spring 2010 with 7k miles and PRISTINE condition for $55k and that was all I could get for it. It really was a cream puff and the interior was beautifully appointed in $17,000 of two-tone full leather and other options.
A base 997.1 Carrera with only standard leather and 30k miles should be in the $40's, and that's for the best of the best examples.
Pay no attention to asking prices! Research actual selling prices.
I sold my 2007 Carrera S in spring 2010 with 7k miles and PRISTINE condition for $55k and that was all I could get for it. It really was a cream puff and the interior was beautifully appointed in $17,000 of two-tone full leather and other options.
A base 997.1 Carrera with only standard leather and 30k miles should be in the $40's, and that's for the best of the best examples.
Pay no attention to asking prices! Research actual selling prices.
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Nordschleife Master
Joined: Oct 2007
Posts: 5,471
Likes: 209
From: Tacoma, WA
I've been watching the market. For that price it should be a "S" model.
IMHO, it's high, at lest $5k, but more likely it's a $46ishk car.
However, if it's the color you want, the options you want, & the overall condition you want, it might be worth it to pay a little bit more. But I would not go $55, unless it was a S!
IMHO, it's high, at lest $5k, but more likely it's a $46ishk car.
However, if it's the color you want, the options you want, & the overall condition you want, it might be worth it to pay a little bit more. But I would not go $55, unless it was a S!
Pro
Joined: May 2011
Posts: 504
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From: Los Angeles
Mike, you should take over my lease for a few months and see if you like the drive. It has similar options, and you can drive it hard fior a few months before buying one. FYI I would not buy mine, it's had a rough life, but drives great! PM me for more info.
Thread Starter
Rennlist Member
Joined: Jul 2002
Posts: 4,105
Likes: 365
From: Upstate NY
Mike and DB,
Thanks for the responses and (Mike) the pricing help. It is much appreciated. I am going to pass on the car - it's not really the color I want anyway, so it would have to be a great deal to buy.
DB, that is a great idea and if I was in LA, I would do it..... However, my daughter Michelle lives near Santa Monica and I'm sure she would be glad to drive it for a few months..... But she can be a little rough on vehicles.
Thanks for the responses and (Mike) the pricing help. It is much appreciated. I am going to pass on the car - it's not really the color I want anyway, so it would have to be a great deal to buy.
DB, that is a great idea and if I was in LA, I would do it..... However, my daughter Michelle lives near Santa Monica and I'm sure she would be glad to drive it for a few months..... But she can be a little rough on vehicles.
Rennlist Member
Joined: Apr 2004
Posts: 2,603
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From: South Florida & Central NJ
Way too high.
I sold my 2007 Carrera S in spring 2010 with 7k miles and PRISTINE condition for $55k and that was all I could get for it. It really was a cream puff and the interior was beautifully appointed in $17,000 of two-tone full leather and other options.
A base 997.1 Carrera with only standard leather and 30k miles should be in the $40's, and that's for the best of the best examples.
Pay no attention to asking prices! Research actual selling prices.
I sold my 2007 Carrera S in spring 2010 with 7k miles and PRISTINE condition for $55k and that was all I could get for it. It really was a cream puff and the interior was beautifully appointed in $17,000 of two-tone full leather and other options.
A base 997.1 Carrera with only standard leather and 30k miles should be in the $40's, and that's for the best of the best examples.
Pay no attention to asking prices! Research actual selling prices.
I agree with what Dave has said. My only exception is that the used car market was in the crapper thru Fall of 2010. The used car market improved significantly in 2011 supported by average auction prices. But at this time of year, with the Porsche market now entering the low price season, you should be able to get a great price. For MY 2008, i would say close to $60 for an exceptional S (low mileage and nice options); close to $50 for an exceptional "non S". Dealers will be selling those same cars for $5+k more with CPO.
Mark
