Notices
996 Forum 1999-2005
Sponsored by:

Prices Keep Drifting Up

Thread Tools
 
Search this Thread
 
Old 07-08-2024 | 03:30 PM
  #8971  
Idaho911's Avatar
Idaho911
Burning Brakes
 
Joined: Aug 2019
Posts: 772
Likes: 255
Default

Interesting they replaced the dash when doing the interior updates.

RNM @ $38,000. Guessing they want $45k?

Old 07-08-2024 | 04:16 PM
  #8972  
ssherman68's Avatar
ssherman68
Racer
 
Joined: Dec 2019
Posts: 485
Likes: 177
From: San Diego - North County
Default

I'll take a crack at it:
  • Top notch interior job, when I was looking a well kept interior was high on my list
  • The car looks to be in near perfect condition
  • Later model, those always fetch a premium
  • It's not black, grey or silver. I still love my slate grey though!
  • Looks to have some of the aerokit pieces
Still, I see your point. They want more for it than I would think it's worth. It's a cab, the color isn't rare and the miles aren't seriously low. The cynic in me says the dealer is running up the bidding with an unreasonably high reserve. It seems like most of the decent but "normal" 996's have been in the mid to high 20s range lately.
Old 07-08-2024 | 04:31 PM
  #8973  
plpete84's Avatar
plpete84
Drifting
 
Joined: Jul 2020
Posts: 2,126
Likes: 1,890
From: Washington DC
Default

A clean, well presented and photographed car will bring in more than one that isn't, even if it has proof of clean bores and other mechanical maintenance. That's the sad reality of on-line auctions. I think an auction ending on a Monday after a long weekend when everyone is back to work didn't help it either. I think with the right buyer, he can get in the low 40s for it. Nice that the hardtop is included.
The following users liked this post:
996love (07-09-2024)
Old 07-08-2024 | 04:40 PM
  #8974  
Pnwdbag69's Avatar
Pnwdbag69
Instructor
 
Joined: Jan 2024
Posts: 135
Likes: 29
Default

IMO that interior is an example of competing for how stupidly a person can blow a lot of money. It looks dumb and if anything detracts from the value.
The following 4 users liked this post by Pnwdbag69:
2mAn (07-08-2024), brontosaurus (07-11-2024), GarrettSR5 (07-17-2024), peterp (07-18-2024)
Old 07-08-2024 | 05:33 PM
  #8975  
SRMPDX's Avatar
SRMPDX
Advanced
 
Joined: Mar 2021
Posts: 90
Likes: 86
From: Portland, OR
Default

Originally Posted by Pnwdbag69
IMO that interior is an example of competing for how stupidly a person can blow a lot of money. It looks dumb and if anything detracts from the value.
Agreed, the seats look like they have cheap Autozone covers on them. They likely spent a lot of money on the car and want some of that back. I think $38k for a 4S cab is a lot of money, but I also hare cabs and red cars so my opinion isn't valid
The following users liked this post:
GarrettSR5 (07-17-2024)
Old 07-08-2024 | 05:49 PM
  #8976  
2mAn's Avatar
2mAn
Rennlist Member
 
Joined: Jun 2013
Posts: 666
Likes: 528
From: SoCal
Default

$11k on that horrendous interior... GT3 buckets would've been money better spent and you would've spent less
The following 3 users liked this post by 2mAn:
brontosaurus (07-11-2024), GarrettSR5 (07-17-2024), plpete84 (07-09-2024)
Old 07-08-2024 | 07:44 PM
  #8977  
wdb's Avatar
wdb
Rennlist Member
 
Joined: Mar 2018
Posts: 1,923
Likes: 1,306
From: the perimeter
Default

Originally Posted by ssherman68
It's a cab, the color isn't rare and the miles aren't seriously low. The cynic in me says the dealer is running up the bidding with an unreasonably high reserve. It seems like most of the decent but "normal" 996's have been in the mid to high 20s range lately.
It's a C4S so in my mind that should put it in the low 30's. I've sold a car on BaT and I've bought three there, including my targa. Which is to say that I know how they are with reserves.They lowball; they don't get paid unless the car sells. So the question for me becomes, how did this seller manage to get such a high reserve on this car?
Old 07-09-2024 | 06:17 AM
  #8978  
jimmyg's Avatar
jimmyg
Track Day
 
Joined: Apr 2010
Posts: 19
Likes: 26
From: MA
Default

Originally Posted by wdb
It's a C4S so in my mind that should put it in the low 30's. I've sold a car on BaT and I've bought three there, including my targa. Which is to say that I know how they are with reserves.They lowball; they don't get paid unless the car sells. So the question for me becomes, how did this seller manage to get such a high reserve on this car?

Looks like a high frequency seller, so perhaps that helps?
Old 07-10-2024 | 09:32 AM
  #8979  
bmchan's Avatar
bmchan
Racer
 
Joined: Mar 2021
Posts: 423
Likes: 168
From: Central MA
Default

BAT rolled out a new feature for RNM auction results - Make a Final Offer. It's a 24 hour post-auction period where highest bidder gets to make one final offer.
The following users liked this post:
HoustonCgrBkr (07-11-2024)
Old 07-10-2024 | 10:24 AM
  #8980  
wdb's Avatar
wdb
Rennlist Member
 
Joined: Mar 2018
Posts: 1,923
Likes: 1,306
From: the perimeter
Default

Originally Posted by bmchan
BAT rolled out a new feature for RNM auction results - Make a Final Offer. It's a 24 hour post-auction period where highest bidder gets to make one final offer.
I think it's just a way for BaT to keep their mitts in the transaction process a little longer. They've put the high bidder in contact with the seller for a long while.

Pro tip: if you are genuinely interested in a vehicle, use the "Contact Seller" button (prior to the end of the auction!) to establish direct contact with the seller.
The following users liked this post:
sdematt (07-10-2024)
Old 07-10-2024 | 10:50 AM
  #8981  
plpete84's Avatar
plpete84
Drifting
 
Joined: Jul 2020
Posts: 2,126
Likes: 1,890
From: Washington DC
Default

Forgot where I saw this but the BaT actual sale rate was only at about 45% and consultants told them they were leaving commission money on the table with Reserve not met. With the Final Offer they can still collect on the sale if the highest bidder puts up some more money. Smart from business perspective. If the bidding kept on with $1k or less increments and the car doesn't sell, this leaves the seller disappointed. Now if the high bidder decides to cough up some extra cash and the seller wants to sell and they strike a deal, then you end up with 3 happy parties.
The following users liked this post:
GarrettSR5 (07-17-2024)
Old 07-10-2024 | 12:34 PM
  #8982  
SRMPDX's Avatar
SRMPDX
Advanced
 
Joined: Mar 2021
Posts: 90
Likes: 86
From: Portland, OR
Default

Originally Posted by wdb
I think it's just a way for BaT to keep their mitts in the transaction process a little longer. They've put the high bidder in contact with the seller for a long while.

Pro tip: if you are genuinely interested in a vehicle, use the "Contact Seller" button (prior to the end of the auction!) to establish direct contact with the seller.
Of course it is, they're a business not a charity org. PCar Market has a "make offer" button after auctions as well as a "buy it now" button. I can see why BaT wouldn't want to get into that game then they're just turning into more of a used car dealer marketplace than it already is. By doing it this way they can keep buyers and sellers engaged a bit more and get some more of the potential profits.

I remember that BaT would sometimes (maybe always?) "make up the difference" if a high bid was within the fee margin. For instance a car bids to $99k but the reserve is $100k, if it sold at $99k it would have brought in $4950 in fees. So BaT lets it sell for $99k + $4950 and gives the seller the full $100k. Bat makes $3950 and since making $3950 is better than $0 it works out for all involved. I wonder if this change means they will no longer do that in hopes that the top bidder might offer $100K or $105k?


Old 07-17-2024 | 05:02 PM
  #8983  
2mAn's Avatar
2mAn
Rennlist Member
 
Joined: Jun 2013
Posts: 666
Likes: 528
From: SoCal
Default

Two ends of the spectrum..

A well-optioned 996 Aerokit sells for $42k with fee
https://bringatrailer.com/listing/20...rera-coupe-30/

A driven, properly modded .1 Cab gets stolen for under $17.5k after fee
https://bringatrailer.com/listing/19...cabriolet-102/
Old 07-17-2024 | 10:01 PM
  #8984  
GarrettSR5's Avatar
GarrettSR5
Rennlist Member
 
Joined: Jul 2015
Posts: 2,328
Likes: 563
From: Hanover, MA
Default

Originally Posted by 2mAn
Two ends of the spectrum..

A well-optioned 996 Aerokit sells for $42k with fee
https://bringatrailer.com/listing/20...rera-coupe-30/

A driven, properly modded .1 Cab gets stolen for under $17.5k after fee
https://bringatrailer.com/listing/19...cabriolet-102/
I watching that Cab. Didn't like the front bumper. One headlight corner lens is clearly brighter than the other. The passenger headlamp doesn't fit for properly, looks like a big gap around the top compared to the driver. Idk seemed like a fair result
Old 07-18-2024 | 02:25 PM
  #8985  
peterp's Avatar
peterp
Drifting
 
Joined: Jun 2005
Posts: 2,192
Likes: 781
From: NJ/NY area
Default

Originally Posted by GarrettSR5
I watching that Cab. Didn't like the front bumper. One headlight corner lens is clearly brighter than the other. The passenger headlamp doesn't fit for properly, looks like a big gap around the top compared to the driver. Idk seemed like a fair result
What was odd to me is that the NJ inspection sticker is from 2020, so it seems like it hasn't been driven. The inspection date asked about by one person, but not answered by seller. Also, not sure if these are cracks or not in the tires, or maybe that's just rubber ribbing on the extreme closeup. Seller indicates no cracks in tires in one comment.

Odd to see the fact that it (apparently/presumably) has not being driven much lately missed on BaT -- that's one of the things I like about BaT is that the questions/answers can help you learn a lot more about a car (especially if it's a brand/model you aren't that familiar with).








Last edited by peterp; 07-18-2024 at 02:27 PM.
The following users liked this post:
GarrettSR5 (07-18-2024)


Quick Reply: Prices Keep Drifting Up



All times are GMT -3. The time now is 07:59 PM.