Feedback on what my 97 SY 8200 mile TT is worth?
#1
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Unfortunately I may be selling my 97 Speed Yellow TT. I bought the car in January of 2007 and have put just over 500 miles on it since. The car has just over 8200 miles now.
I'm interested in what the forum believes this car is worth before I decide whether to sell personally or to a dealer. Not real crazy about taking all the crank calls selling it myself.
Your feedback would be most welcome.
I'm interested in what the forum believes this car is worth before I decide whether to sell personally or to a dealer. Not real crazy about taking all the crank calls selling it myself.
Your feedback would be most welcome.
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No H2O, you are right. After buying the car and paying a premium I felt I couldn't drive it because of the depreciation. I do have a couple other TT's that I get out on occasion plus a C2 cab I drive the most. I must say nothing feels better than sitting in the car and smelling the leather after a long day.
Parnelli, I'll take more pictures in the next day or two when I have a minute. Thanks for the input.
Parnelli, I'll take more pictures in the next day or two when I have a minute. Thanks for the input.
#7
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How much of a spread would there be between a pp sale versus a dealer's generous offer? It seems like certain dealers ****** up low mileage cars and hold them for a long time until someone comes along willing to pay their price. Maybe posting a low pp price yet higher than the dealers low ball offer just within the pcar community such as rennlist would be a happy medium without all the crank calls. Hey, that might just put it in my price range!
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Pat, tell us more about your Turbo. Any mods, suspension, carbon fiber, how many owners?
Use this link to AutoTrader to monitor active sales for cars similiar to yours:
http://www.autotrader.com/fyc/search...ype=b&make=POR
You have a very nice Porsche stable. It's hard keeping all of those exercised. Let alone washed & detailed.
Problem is, as I see it, you bought a beautiful car, paid a premium 3 years ago (at the peak), was concerned about driving it, it still depreciated, and you only covered 500 miles.
You should ask closer to $90K but I think it will sell for closer to $80K.
Keep the 993TT and sell the C2. Just a thought.
Great job becomming a Member. Money well invested.
Use this link to AutoTrader to monitor active sales for cars similiar to yours:
http://www.autotrader.com/fyc/search...ype=b&make=POR
You have a very nice Porsche stable. It's hard keeping all of those exercised. Let alone washed & detailed.
Problem is, as I see it, you bought a beautiful car, paid a premium 3 years ago (at the peak), was concerned about driving it, it still depreciated, and you only covered 500 miles.
You should ask closer to $90K but I think it will sell for closer to $80K.
Keep the 993TT and sell the C2. Just a thought.
Great job becomming a Member. Money well invested.
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#9
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if all the service is up to date and the condition is what you would think it should be on a car with miles like that you can get 90k. if the car needs service or tires etc I would start deducting the cost of those items from 90k and then expect to get that #. I also have been in the same boat as you in terms of not wanting to put miles on such a nice low mile car but I say drive it as the depreciation you will take putting miles on it will still be much better than the hit you would take buying a new 997 tt and driving it
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Pat,
My SY TT has 11,800 miles on it. I don't measure the utility I derive from owning it solely by the miles I put on it. It is a pleasure just to own (or at least be the caretaker for a time) of such a beautiful piece of machinery. I would think long and hard before parting ways with your beautiful TT as these decisions are not reversible.
My SY TT has 11,800 miles on it. I don't measure the utility I derive from owning it solely by the miles I put on it. It is a pleasure just to own (or at least be the caretaker for a time) of such a beautiful piece of machinery. I would think long and hard before parting ways with your beautiful TT as these decisions are not reversible.
#11
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+100% I think this car will go for a good price at the right time of the year. As already mentioned - if the maintenance is 100% with tires and interior to match, then this will only go up in value. You might be surprised to see a considerable appreciation in the value of such a car in a few more months. Timing is everything and such an automobile is now becoming very rare. Be very sure that you no longer want it before you decide to sell.
#12
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If you ask in the low 80s a specialty dealer will probably buy it and relist it for 96. If it has no issues and is all original I think you can get 90. If you dump it quickly I suspect we will see this car for sale again soon.
I don't think that the market for this car has changed that much since 2007. You should not, in any case, lose more than 10% even if you pay away some spread to the market.
I don't think that the market for this car has changed that much since 2007. You should not, in any case, lose more than 10% even if you pay away some spread to the market.
#13
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Well, here's a "sort of" comp. Same color, which much be relatively rare. More miles, but look at the asking price from a dealer that seems to have a pretty good rep. here...
http://www.truspeedmotorcars.com/car...s.php?cid=1958
http://www.truspeedmotorcars.com/car...s.php?cid=1958
#14
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Or there's this:
http://cgi.ebay.com/ebaymotors/96-99...t_33182wt_1167
I'm very interested in this topic because I am thinking of adding a 993TT. This was the only other sub 10K mile car I could find in a quick search. Not sure if 10K is still a magic number for collectors? My personal bias is to find a driver; there are a few nice looking examples in the sub 30K mile range for (asking) $60s-80sK. There seem to be at least some concerns about these cars not getting driven enough to "keep the juices flowing"? Anyhow, I just bought a NB 993 this year. My plan is to follow the economy for a year or so. I know there will always be moneyed buyers for one-off cars like this, but I'm afraid that overall, things aren't going to get better in the next year or two. I'm sure the democrats have done everything in their power to make the economy look good going into the November mid-terms, and things just don't look that good from where I sit (Midwest).
Thoughts, anyone? I'm very curious. Thanks and sorry if it seems I highjacked the thread; don't mean to.
http://cgi.ebay.com/ebaymotors/96-99...t_33182wt_1167
I'm very interested in this topic because I am thinking of adding a 993TT. This was the only other sub 10K mile car I could find in a quick search. Not sure if 10K is still a magic number for collectors? My personal bias is to find a driver; there are a few nice looking examples in the sub 30K mile range for (asking) $60s-80sK. There seem to be at least some concerns about these cars not getting driven enough to "keep the juices flowing"? Anyhow, I just bought a NB 993 this year. My plan is to follow the economy for a year or so. I know there will always be moneyed buyers for one-off cars like this, but I'm afraid that overall, things aren't going to get better in the next year or two. I'm sure the democrats have done everything in their power to make the economy look good going into the November mid-terms, and things just don't look that good from where I sit (Midwest).
Thoughts, anyone? I'm very curious. Thanks and sorry if it seems I highjacked the thread; don't mean to.
#15
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I don't think that the prices will be that affected by the economy one way or the other. They are less of a bubble artifact than, say, a 2007 Gallardo. The typical owner in not highly leveraged; few leased or mortgaged cars, etc. You didn't see a lot of forced sales in 2008-2009 when there were plently of 2007-2008 GT3 RS puked out. The RS was down like 30% in a matter of months while the TT held firm.