Notices
993 Forum 1995-1998
Sponsored by:
Sponsored by:

Opinions on value of this 97 C2S for sale in Chicago

Thread Tools
 
Search this Thread
 
Old 08-04-2012, 11:10 PM
  #1  
pcarhiway
Rennlist Member
Thread Starter
 
pcarhiway's Avatar
 
Join Date: Sep 2011
Posts: 762
Received 194 Likes on 65 Posts
Default Opinions on value of this 97 C2S for sale in Chicago

Would like to know the 993 Forum's opinion on the value of this Ocean Blue/Classic Gray 38000 mile C2S is in the current market.

Willow Auto Sales in Chicago has it listed for $55,900.

Thanks for your thoughts.

1997 Porsche C2S 6 Speed 38K Miles One owner from 1997-2011! Just serviced and drives like new. Gorgeous ocean blue metallic with grey leather Never raced or modified! No winter use ever! Excellent body and paint condition, with the exception of a touched up blemish on the left quarter panel. Pristine interior condition and has never been smoked in. Extremely well cared for example. Service records from 1997. Options include: • Metallic paint • Full power left seat Options that were added by the original owner during the course of his ownership are: • Litronic • Technology wheels • CD changer • Aluminum parking brake and shift handles • Motor sound package with air filter housing and, tail pipe tip modifications Extremely well documented with; records, keys, key tags, manuals, tools, and window sticker. A truly rare find! Carfax certified! $55,900.00

http://www.facebook.com/media/set/?s...3210926&type=3
Attached Images      
Old 08-05-2012, 12:22 AM
  #2  
pcarhiway
Rennlist Member
Thread Starter
 
pcarhiway's Avatar
 
Join Date: Sep 2011
Posts: 762
Received 194 Likes on 65 Posts
Default One data point on another post

Also, saw a very similar (maybe same) car in the June issue of the PCA Chicago Scene magazine listed for $43.5K.
The C2S listed for sale in PCA Chicago Scene is the same color combination with only 32000 miles. A much better buy than this one at $55,900.
Old 08-05-2012, 12:30 AM
  #3  
mdude
Burning Brakes
 
mdude's Avatar
 
Join Date: Jul 2012
Posts: 1,082
Received 353 Likes on 190 Posts
Default

Originally Posted by pcarhiway
Would like to know the 993 Forum's opinion on the value of this Ocean Blue/Classic Gray 38000 mile C2S is in the current market.

Willow Auto Sales in Chicago has it listed for $55,900.

Thanks for your thoughts.

1997 Porsche C2S 6 Speed 38K Miles One owner from 1997-2011! ... A truly rare find! Carfax certified! $55,900.00

http://www.facebook.com/media/set/?s...3210926&type=3
About $6-7k too high.
Old 08-05-2012, 12:41 AM
  #4  
JPP
Nordschleife Master
 
JPP's Avatar
 
Join Date: Dec 2008
Location: In front of you and to the left ...
Posts: 5,470
Received 31 Likes on 25 Posts
Default

I would say $50K is ALL the money for a retail dealer price. The other car at $43.5 .. if it's in as good a shape as this .. would be a VERY good deal .. almost what I'd consider 'wholesale' ..
Old 08-05-2012, 12:58 AM
  #5  
RacerX1166
Racer
 
RacerX1166's Avatar
 
Join Date: Apr 2008
Location: KC - Land of Excitement
Posts: 387
Likes: 0
Received 5 Likes on 1 Post
Default

Was drooling over this as well today. Just a bit out of my price range though.
Old 08-05-2012, 07:37 AM
  #6  
Magdaddy
Rennlist Member
 
Magdaddy's Avatar
 
Join Date: Jan 2010
Location: Oneida, New York
Posts: 4,942
Received 267 Likes on 198 Posts
Default

some paint work, light on factory options, and still looks to have stock suspension...probably $8K too much money also, IMHO.
Old 08-05-2012, 08:34 AM
  #7  
Al Z
Burning Brakes
 
Al Z's Avatar
 
Join Date: Mar 2003
Posts: 1,121
Likes: 0
Received 9 Likes on 8 Posts
Default

I am pretty sure is the same car. The original owner has had it for sale for over a year. If I remember correctly he was from Libertyville ILL. He was asking 43K for it last year. He did mention the big scretch on the quarter panel and a few other things. It sounds like the scretch was just touched up by the dealer who has it at this time, therefore reflecting the 55K tag now.
Al Z
Old 08-05-2012, 08:47 AM
  #8  
No HTwo O
Banned
 
No HTwo O's Avatar
 
Join Date: May 2008
Location: Arlington Heights, IL
Posts: 7,299
Likes: 0
Received 11 Likes on 9 Posts
Default

Originally Posted by Al Z
I am pretty sure is the same car. The original owner has had it for sale for over a year. If I remember correctly he was from Libertyville ILL. He was asking 43K for it last year. He did mention the big scretch on the quarter panel and a few other things. It sounds like the scretch was just touched up by the dealer who has it at this time, therefore reflecting the 55K tag now.
Al Z
This makes sense. Good explaination. Hence the high price now.
Old 08-05-2012, 10:08 AM
  #9  
Mark Harris
Rennlist Member
 
Mark Harris's Avatar
 
Join Date: Oct 2006
Location: Overland Park, KS
Posts: 1,776
Likes: 0
Received 4 Likes on 4 Posts
Default

If this is the same car as the one in Libertyville I'm disappointed if the individual could not sell his 97' C2S with 32K-38K miles for 43K on the open market. Scratch or no scratch -- original monroes or not -- that would have been a great deal IMHO.

At that money you could buy two of those instead of one Mexico Blue one......mothball one and daily drive the other one with $$ left over. Then in 5 years pull the mothballed car out, sell it for a profit that would essentially cover the cost of the daily driver one. Oh, my! Too much coffee for me this morning. LOL.
Old 08-05-2012, 10:19 AM
  #10  
IXLR8
Rennlist Member
 
IXLR8's Avatar
 
Join Date: Sep 2009
Location: Canada & the Alps
Posts: 8,462
Received 680 Likes on 474 Posts
Default

Originally Posted by pcarhiway
Thanks for your thoughts.
That is the "asking" price, so if it really is pristine as they say and you are serious about it, make an offer conditional on an inspection.

If some think it is priced too high, what is the lowest they have seen a C2S go for? Then factor in the high mileage of that bargain car, possible stories and the fact that it probably isn't original anymore, and the high 40s/low 50s of this C2S may look better.
Old 08-05-2012, 10:37 AM
  #11  
P-track
Rennlist Member
 
P-track's Avatar
 
Join Date: Feb 2011
Location: Amsterdam, Holland
Posts: 318
Likes: 0
Received 5 Likes on 5 Posts
Default

Aaahhhh, a car like this would easily sell for 75000 USD or more in Europe......
Old 08-05-2012, 11:16 AM
  #12  
earossi
Burning Brakes
 
earossi's Avatar
 
Join Date: Dec 2003
Location: Chicago, Il
Posts: 1,037
Likes: 0
Received 11 Likes on 9 Posts
Default

Other than low mileage and a single owner, there is not very much unique about this car. As mentioned previously, it is a low optioned car. In its favor is the assumed fact that it is "stock", though that would be hard to really determine. I paid $34k for a 98 C2S that has high miles on it, and believe that I paid top price given the mileage of the car. But, it was the color and optioned package I was looking for. So, I will have to add about $15k to that price to zero time the engine and transmission. So, when I am done, I'll have about $50k in the car, but one that has been restored to a condition that should be superior to the current car under review. The suspension on my car had been replaced within 10k miles of my ownership and was upgraded to the Bilstein PSS system. And, my car had more OEM options and is the last model year for the 993, though I am not certain if that adds to value.

If you buy that logic, then $56K for a 97 is quite a bit high. I really believe that the original amount asked by the original owner was more realistic. With an asking of $43K, perhaps the car could have been bought for $40k (I'll bet the dealer paid less than that for it!). So, offering the car for $56k.....the car can probably be bought for a little over $50k which will net the dealer quite a nice return on his investment.

It also depends on the new owners intended useage. If he buys a 38k mile car and then intends to put only 50 miles a year on it.......he may be rewarded when he sells the car. However, I am of the class that says that owning these cars means driving them.......which is why I was not put off by a high mileage car when I bought mine. So, if you pay the premium for a low mileage car and then put 15k miles a year on it, you will see that premium quickly decay in value. So, why pay for it in the first place? Buy a car that has been properly maintained and driven correctly, and you will be the benefactor in the long run.

Just my two cents.
Old 08-05-2012, 12:45 PM
  #13  
pcarhiway
Rennlist Member
Thread Starter
 
pcarhiway's Avatar
 
Join Date: Sep 2011
Posts: 762
Received 194 Likes on 65 Posts
Default Great comments, thanks

Thanks everyone for all of the great comments. My use for the car would be to enjoy it and drive it as much as possible, winters in Wyoming are pretty tough with salt and magnesium chloride on the roads. That still leaves the opportunity to drive the car 8000 to 9000 miles per year.
Old 08-05-2012, 01:45 PM
  #14  
Al Z
Burning Brakes
 
Al Z's Avatar
 
Join Date: Mar 2003
Posts: 1,121
Likes: 0
Received 9 Likes on 8 Posts
Default

pcarhiway,
Have you considered a narrow body 993? Aside from the wider rear quarters and front bumper, there is not much difference between the C2S and a narrow body C2.
Al Z
Old 08-05-2012, 10:50 PM
  #15  
Kiwiinchicago
Rennlist Member
 
Kiwiinchicago's Avatar
 
Join Date: Jul 2012
Location: IL
Posts: 74
Likes: 0
Received 0 Likes on 0 Posts
Default

there is another discussion from a month ago about the C2S in Libertyville - see link below. I actually enquired about the car and the guy he had no records for the car since he owned it. I did not dig further as this seemed a little odd. Seems like it might be the same car that is now at Willow Auto Sales.

https://rennlist.com/forums/tags/libertyville.html


Quick Reply: Opinions on value of this 97 C2S for sale in Chicago



All times are GMT -3. The time now is 04:24 AM.