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I have an opportunity to buy a 996.2 C2 that has been prepped for the track. Its run of the mill silver over black. It seems that it has been well maintained with regular servicing. Some highlights:
- About 120,000 miles,
- Recent PSS10 suspension,
- Upgraded larger front calipers,
- 5 point harness/harness bar,
- Euro GT3 seats,
- FSI 3.6 Track performer engine (about 15,000 miles on it).
I know a lot of owners just add up all the money they put into the car and try to make it back in the selling price which is not quite realistic. However, I also realize the FSI engine is a huge plus and I understand that this will command a premium versus a regular M96 engine.
What's a fair purchase price for this vehicle? I'm looking for guidance here.
It's only worth a little more than a stock 996.2 with 120k miles and a reasonably fresh quality-built engine. One never gets back the money they sink into a race/track car. What's the asking price?
It's only worth a little more than a stock 996.2 with 120k miles and a reasonably fresh quality-built engine. One never gets back the money they sink into a race/track car. What's the asking price?
Agree...especially a high mileage car with a new engine....its probably spent a lot of time on the track...so things will be tired
That engine build is 25k not including the time it takes and transport of the car. I think based on the overall condition or the car 28-33k would be a really nice buy
$35K ?! He better be very negotiable. That's at least $12-13K too high IMHO. Although a FSI motor costs a pretty penny to build, with 15k miles on it, the seller simply isn't going to recoup his money. Wait a while. When it doesn't sell anywhere near his asking price in a couple of months, make him a realistic offer.
The old adage: it’s worth what the buyer is willing to pay. Is the engine the 3.8 stage II engine rebuild? If so I would pay mid 30’s if it had all the track goodies. This is assuming you are interested in a track car. The high mileage wouldn’t bother me as wear parts are easy to come by and the biggest wear part is taken care of.
$35K ?! He better be very negotiable. That's at least $12-13K too high IMHO. Although a FSI motor costs a pretty penny to build, with 15k miles on it, the seller simply isn't going to recoup his money. Wait a while. When it doesn't sell anywhere near his asking price in a couple of months, make him a realistic offer.
Yep. Racecars usually will only return 50-60% of the build cost at sale. Unfortunately, I have built a few myself so I know. If you offered him the cost of the FSI motor it would be a fair deal.
Or maybe he promised his wife he'd sell the track car. "Sorry, honey. I'm trying to sell it, honest, but no one is buying. Guess I'll just have to keep it".
I‘ve built several racecars and I’ve always lost big when I sold them!
One of them, my SCCA GT3 VW Scirocco had a professionally built, and expensive Bertil Roos engine.
The two racecars that I bought used taught me that was a better financial deal.
I agree that mid-to-high $20s is what I would expect to spend.
Appreciate your input guys, I'll see where we end up... maybe it really is a case of where he's trying to sell it to keep his wife happy. My wife is encouraging me to find a track car... I'm lucky!
My professionally built VW engine cost me about $9000 back in 1988.
(That would be $19,000 in 2018 dollars)
My car had a dual weber carburetors, full cage, Koni adjustable shocks(best at that time) and every suspension mod available at the time.
The car had the best of the best for that time period.
I probably spent $15,000 total. (32,000 in 2018 dollars)
I sold the car in 1991 for $5000. (Under $11,000 in 2018 dollars)
(old picture from an autocross just before the cage was put in to start building it to GT3 specs)
I did better when I sold my SCCA ITC Scirocco.
It was closer to a track car than a full out racecar.
It was street legal, and I enjoyed driving it on the street too.
But the suspension was harsh, the roll cage made getting in and out more difficult.
My wife hated riding it in, so it was a 1-person vehicle most of the time.
I probably had $5000 in it and sold it for about $3000 in 1996.
I built the engine in it.
It had fully adjustable Tokico shocks, full roll cage, 2 racing seats, fully adjustable suspension.
I had it for sale for months before anyone even looked at it.
My best deal was when I sold the Lola SCCA Sports 2000.
I paid $4000 ($6K in 2018 dollars) for it in 1995.
I spent about $1000 repainting and updating it.
I raced it for a couple of seasons and sold it in 1999 for $16,000.($24,000 in 2018 dollars)
I had it for sale online for a couple of months and sold it to someone in Denmark.
I had to deliver it to Houston (11 hours drive from where I lived back then) to be shipped to Denmark.
It was chassis #27 out of 46 that were built.
Selling a racecar is pretty hard to do.
Potential buyers are few and far between.
You usually have to find someone who wants to buy it that has cash.
You typically can't get a loan for a racecar from your credit union.
You have to find someone who has a truck and trailer, or sell your trailer with it for cheap and hope they have a truck.
Selling a Porsche track car might be easier, but I doubt it.
Last edited by TexSquirrel; 10-01-2018 at 11:28 AM.
Apples and oranges. From what I can tell the car in question is NOT a race car but a track prepared DE car.
This is correct, it's a nicely track prepped car. Still street legal, full interior, AC etc etc. My impression is that the owner does a handful of DE events a year.
09-30-2018, 02:11 PM
Track prepped 996.2 - pricing help
