B-Line

Hello fellow Rennlisters.

Since I am the resident Porsche expert at my office, I have been assigned to help my partner find a pre-owned 996.
I figured I would start my information gathering on Rennlist.

I am pretty familiar with 993 pricing but 996's have not been on my radar. So please tell me, where do the prices of private party sellers "land" in relation to Kelly's Blue Book prices?

Now I know that Kelly's has a number of different "price guides" but I have found, 99% of the time, the best price to gauge the actual market is Trade In Value.
-- This is because, I am 100% aware that every car owner considers "trading in their car" and they use KBB as a benchmark. But dealers NEVER offer KBB prices, they offer $2500 or less, BACK OF BOOK (and it's usually less.)
-- So that means that "Trade in value" is usually $2500-$3000 more than the dealers will offer on trade.

So my question is, how is the market on 996's compared to KBB? I'm looking to find the reasonable prices on a 2002-2004, 996, Manual, Coupe, RWD, -- With little to no options..

I would really appreciate your thoughts.

Also, is there any difference between the 2002 and 2003 cars?

Thanks,
B

Macster

place might be to get the latest copy of Excellence (which is not the current issue that I have but probably one published earlier in the year -- back issues can usually be obtained from their back issue order page/phone number (which I've used) or even from the web) that has a 996 buying guide and check out prices for cars. Prices are arrived at by seller/buyer reports.

Also, use KBB and NADA and anyother used price source.

When selling, I try to seek out support/justification for a higher asking/selling price and when buying I try to seek out support/justification for a low initial offer price.

I'd start with wholesale...or trade-in if you can't acquire auction yard winning bids for similar 996s in your area -- or any area for that matter.

Looking at a '96 993, with 60,000 miles being offered for $40,000. Trade-in is $23,500 (excellent condition which in my opinion no used car going on 10 years old is going to qualify for) to $20,200 fair condition.

That's approx. $20,000 to play with...

Sincerely,

Macster.

B-Line

Hey Macster,

Thanks for the advice. I do believe thought the numbers on the 993's to be completely inaccurate of what the market for those cars are. I am not sure however, how the book or wholesale value of the 996's reflect the real market value.

For Example, I am sitting on a cherry 1997 993 C2S, aero-kit, sport seats, and lots of other goodies which can't have a wholesale or book value higher than the mid 20's. But the market right now is fetching in the mid 50's for that car. My point is, I'm just trying to gauge the avg. market of a 996, couple.. I see some below trade in value listed in auto trader... etc.

Thanks,
B

Marc Gelefsky

Gota911 is selling an 04 that looks to be a really nice car

http://mall.rennlist.com/scripts/fea...uery=retrieval

I dont know if I agree that every owner thinks about trading

Macster

and granted, one car does not a market make, but could the 993 market be softening?...

As for 996s, there were a lot sold and more are coming off of lease every day and coming in for trade-ins for a newer Carrera. The market for 996s can only get softer as the numbers of cars to choose from climbs.

Although, there is some thinking that the 996 market may experience an uptick as the older 993 models start to fall out of favor and attention turns to the used 996 market with the result of driving up prices a tad, or simply forestalling their natural decline.

'bout the only way to know is to search for used 996s and determine the supply by how long various cars of particular interest stay on the market, and when they go see if you can learn the actual selling price be calling the seller shortly after the ad goes away and see if he'll share the price he received for the car.

Done right, long enough, one can develop a pretty good sense of what's the market for the cars, and of course learn too all about the model's weaknesses so one can know quickly and accurately the amount of risk in buying one these cars and what to avoid in the first place.

Sincerely,

Macster.

gota911

Marc, thanks posting the link!

B-Line, PM me if you have any questions about my car.

LiveNupe

I have a 40th anniversary car that I'll have up for sale in another week or two. PM if interested.

TT Surgeon

What's his price range?

1980-930

I just bought an 03, 996, tiptronic, polar silver, black partial leather, factory sports exhaust, Bose Upgrade, 39,000 miles, 30,000 mile maintenance done at 27,000 miles, new michelin pilots, flawless interior and exterior for $43k

Lerxst

My one regret with my 996 was buying it before knowing Tim's was up for sale. What a beautiful example.

gota911

Lerxst, thank you for the very nice compliment!

Eharrison

All I know is that I'm glad he's looking for a 996 coupe rwd. Fwd are SOOOO rare. and $$$.

tooloud10

Well, they're probably more rare than the AWD coupes that everyone else realizes he was making an attempt to distinguish between.

LiveNupe

Even though we all realize the OP was distinguishing between AWD and RWD, the reference to FWD was a fairly successful attempt at humor. At least it made me chuckle.

Eharrison

Thank you.... the whole purpose of the post. Next time I'll stick to facts and assumptions...