I just bought a 99 coupe with a little less miles and only minor issues for 12K. Needs horn and directional repair. That's it. Even came with a great set of BBS wheels.
Mike

 

Just happen to read this thread. Nice car, but reality is more like $15K. I just sold my 02 Boxster S - mint with 50K miles for 16K. I browsed nice 911s at the time and based on recent comparisons a quick sale at $15K would be best way to go. You have had it a long time and there is only so much more you will get out of the right buyer.

That said put it on ebay. Great free advertising to huge audience. I have sold all my cars and if the car is good the only test drive was to the guy that bought it. Use your own screening methods of buyers. Its easy to tell the serious ones in my opinion.

GLWS - certainly doesn't look like a 120K+ mile car which is no easy task.

 

I just don't see any 996 available for sale that cheap. I'm not really looking for another Carrera but I'd buy one for $12k "with minor issues" in a heartbeat.

 

As a starting point in getting a realistic value, one can use the Autotrader website's on line trade in value tool. Many dealers have a relationship with Autotrader to accept this value on trade in. I had a talk with the Mercedes/BMW near here and they verified this.

 

Ahmet. I found it on my local Craigslist. he was asking $12,900.00 Not sure why it was so cheap but I jumped on it. I havent had any issues so far that would warrant the lower price. it has 110,000 miles.
Mike

 

I wonder what he got for it?

 

I was in the market for Cayenne Turbo recently and considered selling my 996. I went to Carmax to see what I'd get since KBB and NADA claimed $13k-$17k. I figured I'd get around $14k from Carnax they offered $10K. I kept the 996 and purchased another ML instead.

 

Anybody have a link to another 996 for sale under $13k?

 

trade in value differes from deal to deal - if a dealer is going to make $7K on a car he sells you on trade, the value he gives/pays you for your car will differ than a $2K profit he will make on the car he sells you. many dealers can make a whole lot of money on used cars because they usually don't give much for them on trade and then jack up the price when they sell them - it all depends on the specific deal.

95% of dealers will give you wholesale for your car so they can sell it at auction - at least thats how it works in the state of washington.

 

I agree regarding to the wholesale of high mileage cars, at least that is what was explained to me. But if the dealer can sell your trade-in on it's lot, ex.. CPO'd vehicles, you have a better chance at getting a good price for your vehicle.

 

stay on top of Autotrader during winter. Two weeks ago I saw an 01 Cab, maybe it was an 02 Cab can't remember now, (black and tan) with about 80-90K miles, asking was $13K so you would have gotten it for $12K easy. 996 asking prices seem to be all over the map on that site. Sounds like anxious sellers finally wanting to get into something newer fast. That being said there is no such thing as a cheap Porsche unless you are out of them in 1-2 years.

 

IMO stuff like this is way too hard to generalize. I am sure I can find pretty much any car for $X if I look.

That car may have been a clear indicator that 996s are now cheaper than Hyundais, or it may have been a car that had lots of stories hiding.

In the past, searching for deals, I often spent a ton of time chasing cars like that only to find really obvious (to me) signs of prior paintwork and accidents. I always pass on cars like that, but I am 100% sure they ended up going to someone who would then tell the world about the "amazing deal" he got on a "flawless car". Very unfair to the guy that has an equivalent car, but without the accident history, and (rightly) expects 50% more.

Caveat emptor. If a car is amazingly cheap there is almost always accident history. If as a buyer you don't care, then that's great, but it really doesn't make it a great deal compared to a car that hasn't been hit IMO. To some, even if the entire front end has been replaced and repaired correctly, they still feel the car is "perfect" and a great deal.

For me once a car has been hit the value becomes $0. Most buyers at the very least apply a significant reduction to prior accident damage cars even if they have been repaired perfectly, so the reality is that accident history has a big impact on value.

Maybe an 02 996 is now *really* a $12k car, but I find that extremely hard to believe. I was offered $25k on dealer trade for mine (but of course mine has no accident history) I'd bet money that $12k car had accident history which is why a dealer wouldnt touch it and the buyer set the price so low. A friend of mine is an experienced body guy and has become a true "heart breaker" among our group. 100% of the time someone has come to him with an amazing find that they swear is 100% perfect, he points out the accident history in 5 minutes. It can be almost impossible to spot even for someone who feels they know what to look for, but experienced collision guys will know immediately.

 

+1 mlambert890

 

Grey Guy - incredible avatar!

 

Thank you ;-)