96TT with 67K on it for $59??
12-11-2002, 05:08 PM
#1
96TT with 67K on it for $59??
I found a 96TT with 67K on the clock and the guy is asking $59,000 for it. It is a black on tan with sport seats. I have not gone through the list of options on the care but overall the car is good shape. He has all records on the car, with the book stamped by Porsche dealers. The paint is in good shape but showing some chips from the sand that is forever on our Colorado roads. The interior is in near new shape, although there is an issue with the rear dash, right where the speakers sit. It looks like where the leather(?) meets the rear windshield, has shrunk or something and is now sperated from the mounting at the base of the rear windshield. The car originally came from Texas so he was saying the heat dwon there caused the leather(?) to shrink like this. Never seen anything like this.
The engine is in good shape and checked out by the Porsche dealer in Denver.
What I am wondering is, is the mileage too high for the price? He needs to sell the car soon as he is jobless and wonder what a decent price for the car would be.
Thanks.
The engine is in good shape and checked out by the Porsche dealer in Denver.
What I am wondering is, is the mileage too high for the price? He needs to sell the car soon as he is jobless and wonder what a decent price for the car would be.
Thanks.
12-11-2002, 05:22 PM
#2
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Hey Jason -
I think anything in the 50s is very good if the car checks out clean. Be sure the wiring harness issue has been addressed and ask the PPI shop to check the clutch master slave cylinder system (from the Pentosin resevoir in the front all the way to the hydraulic pump in the engine compartment) for signs of premature wear (such as fluid being pushed past the cap of the resevoir in the luggage compartment). I would also ask about the clutch as if it has not been replaced it may be due soon.
There is really no data yet on how long these engines are good for, but the "experts" (i.e. mechanics and tuners) I have spoken to seem to think 150,000 miles is reasonable. Like any turbo, there are additional items that wear and cost money (such as the turbo chargers themselves).
As you may want to DE the car on occassion you may want to see if there are any suspension mods done (merely switching to the M030 suspension makles a big difference and if already done is worth about $2K).
If he is really needing to sell, why not offer 55K and see what he says.
P.S. I had the Carrera out at Buttonwillow last week and it did great. It was very fun on a tight track! We are about to hit 110K on the odo and I am ramping up to try my first DIY valve adjustment.
I think anything in the 50s is very good if the car checks out clean. Be sure the wiring harness issue has been addressed and ask the PPI shop to check the clutch master slave cylinder system (from the Pentosin resevoir in the front all the way to the hydraulic pump in the engine compartment) for signs of premature wear (such as fluid being pushed past the cap of the resevoir in the luggage compartment). I would also ask about the clutch as if it has not been replaced it may be due soon.
There is really no data yet on how long these engines are good for, but the "experts" (i.e. mechanics and tuners) I have spoken to seem to think 150,000 miles is reasonable. Like any turbo, there are additional items that wear and cost money (such as the turbo chargers themselves).
As you may want to DE the car on occassion you may want to see if there are any suspension mods done (merely switching to the M030 suspension makles a big difference and if already done is worth about $2K).
If he is really needing to sell, why not offer 55K and see what he says.
P.S. I had the Carrera out at Buttonwillow last week and it did great. It was very fun on a tight track! We are about to hit 110K on the odo and I am ramping up to try my first DIY valve adjustment.
12-11-2002, 05:33 PM
#3
Bill, thanks for the advice on the slave cylinder. I will definitely check into it. I am going to have the POrsche dealer run through the maintenance history to see what has been serviced at the dealer. I do worry about the turbo chargers and the replacement costs of those. RIght now the car pulls hard and leaks no oil.
Is there anything else I should check on that these cars have had problems with?
Pleased to hear that you are enjoying the 3.2. A nice slowdown from the TT I am sure. Also makes you look forward to the power of the TT when you get in it for drive I bet.
Is there anything else I should check on that these cars have had problems with?
Pleased to hear that you are enjoying the 3.2. A nice slowdown from the TT I am sure. Also makes you look forward to the power of the TT when you get in it for drive I bet.
12-11-2002, 05:42 PM
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You may also want to check to be sure you are getting a full boost reading - it should hit .8 bar by 4,000 RPM or so. Most people will recommend a compression test at that mileage - which the dealer will not want to do as it is a real PITA on the TT.
As for pricing, I disagree with Jeff. As the other threads show, a low mileage (10K) TT just went at auction for 70K. That was at auction. You are buying direct from the owner. That same car from the owner would likely get 75K. So, does the extra mileage equal 15K - 20K. Of course this depends on the cars in question, but if they are both well cared for, then I say you are getting a nice deal. Turbos with really low mileage scare me as these cars need a fair amount of driving to stay nice and tight. The car you are looking at has been driven routinely it appears and most of the gremlins have appeared by now.
As for pricing, I disagree with Jeff. As the other threads show, a low mileage (10K) TT just went at auction for 70K. That was at auction. You are buying direct from the owner. That same car from the owner would likely get 75K. So, does the extra mileage equal 15K - 20K. Of course this depends on the cars in question, but if they are both well cared for, then I say you are getting a nice deal. Turbos with really low mileage scare me as these cars need a fair amount of driving to stay nice and tight. The car you are looking at has been driven routinely it appears and most of the gremlins have appeared by now.
12-11-2002, 05:50 PM
#6
Seems like there are plenty of TT's coming up now so I am not having too hard a time finding them with a little higher mileage on them. There is a silver one on ebay with 70 for $59.9. I think that may be high and it is out in California where as this one is right here. I drove it today and it seems to drive nicely and I took it up the mountain roads, pretty warm out here today, and the car did well. Felt very tight. The previous owner did a lot of trips between Houston and Denver it seems. I am going to go and look at another one here in Denver this weekend so I will get a better idea on the price and mielage.
Bill, thanks on the compression test. I would have thought the dealer would have done one anyway but I guess with the turbos there it is a real PITA to get to the plugs.
What sort of maintenance do you run into that I would not see on an regular 993? And how much more does it cost to run the car per year? What are the general maintenance costs associated with the car per year? Thanks again.
Bill, thanks on the compression test. I would have thought the dealer would have done one anyway but I guess with the turbos there it is a real PITA to get to the plugs.
What sort of maintenance do you run into that I would not see on an regular 993? And how much more does it cost to run the car per year? What are the general maintenance costs associated with the car per year? Thanks again.
12-11-2002, 07:03 PM
#7
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The compression test is pricey due to the work needed to get at the plugs - do not be suprised if they want $300-400 for this. The is a gas analysis test that gives similar info for a lot less, but most tuners I spoke to did not think this test was that helpful.
I had 2 independent PPIs on my car, and then had my mechanic here review the results. I also spoke to the shop that did the majority of the service on the car and as my car was modified, the tuner (Weissach) that did the work.
As for maintenance, it is similar to an N/A 993. Tires are probably the biggest cost. The oil changes and services are about the same (you actually save a bit on platinum plugs as the TT only needs 6 as opposed to 12 on the N/A 993).
If a turbo goes bad, that can be pricey, but there are many people out there that rebuild these fairly cheaply.
If you are buying from the first or second owner directly, that adds value I think as you can ask them all sorts of questions and hold them accountable to some degree for their answers (should they turn out to be false).
I had 2 independent PPIs on my car, and then had my mechanic here review the results. I also spoke to the shop that did the majority of the service on the car and as my car was modified, the tuner (Weissach) that did the work.
As for maintenance, it is similar to an N/A 993. Tires are probably the biggest cost. The oil changes and services are about the same (you actually save a bit on platinum plugs as the TT only needs 6 as opposed to 12 on the N/A 993).
If a turbo goes bad, that can be pricey, but there are many people out there that rebuild these fairly cheaply.
If you are buying from the first or second owner directly, that adds value I think as you can ask them all sorts of questions and hold them accountable to some degree for their answers (should they turn out to be false).
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12-11-2002, 07:29 PM
#8
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[quote]There is really no data yet on how long these engines are good for, but the "experts" (i.e. mechanics and tuners) I have spoken to seem to think 150,000 miles is reasonable.<hr></blockquote>
Hi Bill,
Here's one data point that I have:
My co-worker's 96 993TT has 130,000 miles as of now and he bought it ~ 2 years ago with 6,000 miles on it. He drives it daily (lives in Carmel Valley, works in San Jose) and he maintains the car really well.
As far as I know he has never had any major problem with it. The only problems that he has are the deers in Carmel area kept running into his car (seriously). Remember that ad about Porsche being bug killer, I think his is deer killer
Hi Bill,
Here's one data point that I have:
My co-worker's 96 993TT has 130,000 miles as of now and he bought it ~ 2 years ago with 6,000 miles on it. He drives it daily (lives in Carmel Valley, works in San Jose) and he maintains the car really well.
As far as I know he has never had any major problem with it. The only problems that he has are the deers in Carmel area kept running into his car (seriously). Remember that ad about Porsche being bug killer, I think his is deer killer
12-11-2002, 10:00 PM
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For what it's worth, i have to agree with Suwipin and ZCAT3.
A regularly driven and regualrly maintained car will give you less trouble than an infrequently used car.
The problems here in the UK are particularly noticeable because of our weather. Plenty of the TVR boys use their cars almost daily to good effect, whilst the garage queens have all sorts of problems. I'd say a porker will behave similarly, if not as badly.
Just my £0.02
<img src="graemlins/burnout.gif" border="0" alt="[burnout]" />
A regularly driven and regualrly maintained car will give you less trouble than an infrequently used car.
The problems here in the UK are particularly noticeable because of our weather. Plenty of the TVR boys use their cars almost daily to good effect, whilst the garage queens have all sorts of problems. I'd say a porker will behave similarly, if not as badly.
Just my £0.02
<img src="graemlins/burnout.gif" border="0" alt="[burnout]" />
01-14-2003, 06:34 PM
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From a guy who watches the market real close, I can tell you that I have seen several for less than $59K.
I do however agree that these cars are worth more, but we all know that every car is depressed currently.
Point of reference is a '96 that I ran across that could have been purchased for $49K outright.
The '96 went to eBay & did not sell for much more than $49K if that (it had a incorrect speedo).
This car your talking about I have seen on eBay two or three times, and it has never bid up to his $59K reserve to my knowledge.
There are LOTS of these out there, $59K is a buy, but its not rare.
Help this guy out though. He has been without a job for a bit & I bet he needs the sale.
We cant honestly expect the 993TT to stay up in value when the 996TT is getting so cheap. I have watched several 996TT's sell in the high $70K bracket now.
Talk on the car lot goes like this:
"Which one honey? The 1997 for $70K or the 2001 for $78K?.." Simple math.
I do however agree that these cars are worth more, but we all know that every car is depressed currently.
Point of reference is a '96 that I ran across that could have been purchased for $49K outright.
The '96 went to eBay & did not sell for much more than $49K if that (it had a incorrect speedo).
This car your talking about I have seen on eBay two or three times, and it has never bid up to his $59K reserve to my knowledge.
There are LOTS of these out there, $59K is a buy, but its not rare.
Help this guy out though. He has been without a job for a bit & I bet he needs the sale.
We cant honestly expect the 993TT to stay up in value when the 996TT is getting so cheap. I have watched several 996TT's sell in the high $70K bracket now.
Talk on the car lot goes like this:
"Which one honey? The 1997 for $70K or the 2001 for $78K?.." Simple math.
01-14-2003, 07:27 PM
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</font><blockquote><font size="1" face="Verdana,Tahoma,Arial,Helvetica,Geneva">quote:</font><hr /><font size="2" face="Verdana,Tahoma,Arial,Helvetica,Geneva">Originally posted by Michael B.:
<strong> I have watched several 996TT's sell in the high $70K bracket now.
</strong></font><hr /></blockquote><font size="2" face="Verdana,Tahoma,Arial,Helvetica,Geneva">Michael:
I'd love to see some documentation on 996Turbos that have sold for "high $70s" without any major damage or issues.
Thanks.
PS: An auction on eBay closing in the high $70s is not proof of a sale!
<strong> I have watched several 996TT's sell in the high $70K bracket now.
</strong></font><hr /></blockquote><font size="2" face="Verdana,Tahoma,Arial,Helvetica,Geneva">Michael:
I'd love to see some documentation on 996Turbos that have sold for "high $70s" without any major damage or issues.
Thanks.
PS: An auction on eBay closing in the high $70s is not proof of a sale!