Hyper911

Its funny excellence does shown this but go to the market place sand the prices are higher
http://www.excellence-mag.com/classi...ge=1&sort=year

I have seen a levelling of price and it looksmlike for good ones maybe even higher.

SacTownGuy

99 coupe low end was showing $14k ????


You can buy a low end one for about $13k if you are a decent negotiator BUT you will likely have to put money into it pretty quick I imagine. Go to cars.com, autotrader, etc... and there are several 996's with about 125k-150k miles with ASKING prices under $15k. In fact the two cheapest ones currently on cars.com (excluding the crashed one) are MY 2000!

Likewise carmax has a 2005 for $39k.

I am not yet sold on the used Porsche prices being up theory.

Optical TDI

Sure there are low prices for high mileage beaters, but for very good condition, lower mileage 996s, asking prices are confirmed to be up. Just look at the 3 pages here: http://ucl.porsche.de/ucl/plsql/usa/...AVU0JR3&pnr_=2

Didn't see the 2005 on Carmax, but there is a 2004 C4S listed at $39k.

Those that take care of theirs and keep mileage to a reasonable amount are in good shape right now. Who knows what the future holds.

msg73

I'm about to buy a 99 C2 Cabrio with 68k miles for 22k. Seems a bit high but really couldn't find anything cheaper unless it had a bunch more miles and was a coupe.

tooloud10

Honestly, man, if you've found a good car and it's what you want, go for it. Contrary to some of the thoughts in this thread, that's NOT a bad price for the right car. Good luck!

SacTownGuy

I agree. If it's the "right car" with good records, seems clean, etc... than pull the trigger. You can buy a cab with 68k miles for $18k but not necessarily a nice one! Maintenance records and what may be needed soon are key issues. If a 60k mile service costs $1k for example was it done or not!? Just an example. Ton more examples like that. My only point is people should not jump just because they don't see the exact car they want today. More cars on the market every day!

function12

http://cgi.ebay.com/ebaymotors/2004-...b66#vi-content
Here is my car for sale that I just sold on 6/28/11.

soverystout

With all this talk of values and short supply, what's a clean 03 Coupe 6speed with 43K on the clock that needs nothing and has full service history worth?

I've got no beef with buying a new 997.2!

Shark Attack

tiz the season

blake

I pay close attention to used market prices for 964s, 996s, 997s and GT3s, and also a few other brands (Mini Cooper, BMW, Land Rover), and the definite trend for used car pricing is UP! The Japan earthquake contributed to this as parts are in short supply for new cars (driving people to used)... I also see the Asian markets taking allocations away from the US...

I don't subscribe to the "but what are they selling for" argument because the macro selling trends will follow the macro asking trends.... I believe that a rise or fall in "asking" prices mirror the "selling prices" in the market. And to that point - I think Excellence (though an amazing magazine) is smoking something with their periodic valuations.... They don't mirror Mannheim, and they certainly don't mirror personal experience.

I purchased a 997.1 S Cab CPO from a dealer in January '11, and had spent Nov-Jan on the phone haggling for the right deal from dealers across the US. Since then, ASKING prices for 997s at the dealerships have GONE UP, and in most cases by $5-10K (model year to model year comparison with similar features).

Last October, I tried to sell a Mini Cooper S and an LR3 to Carmax, and was offered decent trade-in prices. I chose to not sell either, and sold the Mini Cooper S to Carmax in March '11 with 10K MORE miles (78k miles) and got the same offer price as in October 2010. Wow! I then unloaded the Land Rover LR3 (86k miles) in May '11 to Carmax and - get this - got $2K MORE than my offer in October, having put another 15k on the odometer since then!

Now on the new car buying side, we just purchased a Land Rover LR4 and ran into availabily problems. No one seems to have cars on the lot! I was able to get $500 off sticker on a limited edition LR4, but that was after contacting all 39 Land Rover dealers west of the Rockies over a three day weekend. And that was the best deal that I could negotiate for a same day sale! Of note: several Land Rover dealers told me that Tata of India (new Land Rover owner) was sending allocations to China/Asia rather than the US, as they tried to serve the growth markets... Interesting data point...

I also hear through the press that this used car value trend is expected to end this fall as the new car supplies catch up with demand... We shall see how that plays out....

-B

911CSMe

Seems this may be an appropriate area to ask (as a new member and one looking to buy my first 911 997?), with all the discussion about PPI and Overrevs and DME etc. to consider when looking to purchase used...it can get daunting. What are the implications regarding overrevs etc. in a Tiptronic? Certainly using the manual shifting may be some concern but to the same extent as manual? It's a "Brave new World" or should I say you have to "Brave" this "new World" out there when acquiring a used Porsche! Look forward to learning much more from y'all! Thanks

Sue Esponte

I've asked a friend of mine who is a dealer but also a big air cooled guy and he said the prices on 996es have come up over the past 18mos or so. While I wish I would have bought one before they came up, I'm hoping that they'll continue along this trend or at least maintain the current levels even longer!

-Eric

francars

Its like the stock market... NOT!!!

H2OJazz

I would also guess that as 996's have become known as great bargains more folks (like myself) saw opportunities, making prices stabilize or go up with increased buyer interest. I think something similar happened when used Caymans began appearing at relatively low prices and all the track nuts starting grabbing them with prices rising afterwards.

Anyway, I looked at many cars and gladly paid over going "market" prices for my C4 with new IMS bearing, clutch and RMS from very respected exotic specialty shop and still feel I got a steal on it.

LordVicious

Overall used car prices are up approximately %20 - %30 ...

http://online.wsj.com/article/SB1000...781060592.html

http://wheels.blogs.nytimes.com/2011...for-consumers/

http://www.nytimes.com/2011/06/24/business/24auto.html

LV