Value of low mileage 986 ?
#3
So it's really a 911, not a Boxster you're after? Confusion with your two asks.
If it's a 986, I just sold a 43k mile 2004 986 S550 (Special Edition 550 Spyder), the highest trim level 986 there was, with two sets of wheels, tasteful aftermarket exhaust (and original), and no stories for $21,500 in July. I woulda thought a 996 in similar condition would bring a bit more than that.
If it's a 986, I just sold a 43k mile 2004 986 S550 (Special Edition 550 Spyder), the highest trim level 986 there was, with two sets of wheels, tasteful aftermarket exhaust (and original), and no stories for $21,500 in July. I woulda thought a 996 in similar condition would bring a bit more than that.
#6
Rennlist Member
Joined: Sep 2011
Posts: 3,079
Likes: 25
From: Ephrata, PA, USA now. Originally from the UK
I paid 27 and a half grand for a 99 Cab, with matching hard top, 3 spoke steering wheel, and small shifter, Classic 2 sports 18 wheels. 45000 on the clock. 30 months ago. I would put yours no more than $30000. IMHO no matter what other mods are on the car. For you coupe drivers. When the top goes down, the price goes up by $5000.
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#8
I paid 27 and a half grand for a 99 Cab, with matching hard top, 3 spoke steering wheel, and small shifter, Classic 2 sports 18 wheels. 45000 on the clock. 30 months ago. I would put yours no more than $30000. IMHO no matter what other mods are on the car. For you coupe drivers. When the top goes down, the price goes up by $5000.
#9
I can't believe I am gonna let this information out. . . .. but here goes;
I have worked in the Automotive industry for over 25 years now. I have held pretty much every position in a car dealership or body shop. If you have any questions about how to work with a dealer, let me know.
I am honest with everyone, but i still get labeled because I am in the industry.
So flame away, or ask questions . .. . . your choice
I have worked in the Automotive industry for over 25 years now. I have held pretty much every position in a car dealership or body shop. If you have any questions about how to work with a dealer, let me know.
I am honest with everyone, but i still get labeled because I am in the industry.
So flame away, or ask questions . .. . . your choice
#10
Ok here goes
I paid 27 and a half grand for a 99 Cab, with matching hard top, 3 spoke steering wheel, and small shifter, Classic 2 sports 18 wheels. 45000 on the clock. 30 months ago. I would put yours no more than $30000. IMHO no matter what other mods are on the car. For you coupe drivers. When the top goes down, the price goes up by $5000.
I can't believe I am gonna let this information out. . . .. but here goes;
I have worked in the Automotive industry for over 25 years now. I have held pretty much every position in a car dealership or body shop. If you have any questions about how to work with a dealer, let me know.
I am honest with everyone, but i still get labeled because I am in the industry.
So flame away, or ask questions . .. . . your choice
I have worked in the Automotive industry for over 25 years now. I have held pretty much every position in a car dealership or body shop. If you have any questions about how to work with a dealer, let me know.
I am honest with everyone, but i still get labeled because I am in the industry.
So flame away, or ask questions . .. . . your choice
#11
It really comes down to how badly a dealership wants to sell the car. Am I to assume, trade in values at Porsche dealers are pretty static? Am I also safe to assume that most Porsche dealers don't like to stock older model cars and thus have an interest in moving them quickly?
If a dealer has a VERY rare model, they will be less likely to negotiate on it. They will also advertise it globally instead of locally.
And almost any dealership will wholesale a car over 100,000 miles, or older than about 7 years. It is just too hard to get financing on anything older or higher mileage than that.
If you want to see a dealership work for you, go in as a serious looker who is willing to buy TODAY if you see the right vehicle. If someone walks in saying "I want to buy a car today" they never do. But someone who is a serious looker is looking to buy, but needs to find the car they want.
That's tip #1 from your good ol' Uncle Beagle
#13
Generally that's what I do
Yes and no.
If a dealer has a VERY rare model, they will be less likely to negotiate on it. They will also advertise it globally instead of locally.
And almost any dealership will wholesale a car over 100,000 miles, or older than about 7 years. It is just too hard to get financing on anything older or higher mileage than that.
If you want to see a dealership work for you, go in as a serious looker who is willing to buy TODAY if you see the right vehicle. If someone walks in saying "I want to buy a car today" they never do. But someone who is a serious looker is looking to buy, but needs to find the car they want.
That's tip #1 from your good ol' Uncle Beagle
If a dealer has a VERY rare model, they will be less likely to negotiate on it. They will also advertise it globally instead of locally.
And almost any dealership will wholesale a car over 100,000 miles, or older than about 7 years. It is just too hard to get financing on anything older or higher mileage than that.
If you want to see a dealership work for you, go in as a serious looker who is willing to buy TODAY if you see the right vehicle. If someone walks in saying "I want to buy a car today" they never do. But someone who is a serious looker is looking to buy, but needs to find the car they want.
That's tip #1 from your good ol' Uncle Beagle
#14
Dealers do not want to see older exotic cars on their lots. 996/986 is huge pain in the *** for any dealer.
Reasons for it:
1) Completely unrealistic expectation of the potential customers. Potential Porsche buyers come looking for a 10 year old car expecting it to be 100% showroom fresh. PPI, records BS, any scratches etc. Never once did I see so much hysteria about buying a used $20-25k car as I see in Porsche community. It may come as a shock to some, but PPI will only detect the most obvious faults with the car. PPI will not uncover failing head gasket that was stop leaked, failing engine due to low oil pressure (heavy weight oil+ Lucas Oil Additive used ON PURPOSE to fool the buyer), coolant loss (change and refill coolant before PPI), leaking transmissions (again stop leak), dying differentials ( can be quieted down with additives or saw dust for long enough to sell it). I worked in the dealerships long enough during college to know most tricks in the book. If dealer or skilled seller wants to **** you over, they will **** you over and no amount of PPI will help.
2) Cash buyer is almost always required. People with great credit can swing the loan on a 10 year old exotic car. Everyone else is FUBAR. But, most people who can drop $25k on the used Porsche, can afford to lease or finance a new one (most is key word).
3) Huge liability for states where implied warranties exist. Dealer takes a huge gamble on placing the used high value car on the lot. If anything major fails for the customer during the implied warranty period, they are on the hook for a lot of money.
So, haggle your butt off on the used Porsches. Low mileage 996 can be had from the dealer for $22-25k. However, low mileage cars come with their own headaches. 30k miles is barely broken in, so you will be experiencing ALL of the failures previous owner avoided by not driving it much.
Reasons for it:
1) Completely unrealistic expectation of the potential customers. Potential Porsche buyers come looking for a 10 year old car expecting it to be 100% showroom fresh. PPI, records BS, any scratches etc. Never once did I see so much hysteria about buying a used $20-25k car as I see in Porsche community. It may come as a shock to some, but PPI will only detect the most obvious faults with the car. PPI will not uncover failing head gasket that was stop leaked, failing engine due to low oil pressure (heavy weight oil+ Lucas Oil Additive used ON PURPOSE to fool the buyer), coolant loss (change and refill coolant before PPI), leaking transmissions (again stop leak), dying differentials ( can be quieted down with additives or saw dust for long enough to sell it). I worked in the dealerships long enough during college to know most tricks in the book. If dealer or skilled seller wants to **** you over, they will **** you over and no amount of PPI will help.
2) Cash buyer is almost always required. People with great credit can swing the loan on a 10 year old exotic car. Everyone else is FUBAR. But, most people who can drop $25k on the used Porsche, can afford to lease or finance a new one (most is key word).
3) Huge liability for states where implied warranties exist. Dealer takes a huge gamble on placing the used high value car on the lot. If anything major fails for the customer during the implied warranty period, they are on the hook for a lot of money.
So, haggle your butt off on the used Porsches. Low mileage 996 can be had from the dealer for $22-25k. However, low mileage cars come with their own headaches. 30k miles is barely broken in, so you will be experiencing ALL of the failures previous owner avoided by not driving it much.
#15
This will be my first Porsche but with other cars I research the car, options, etc. I use several online guides for pricing, (new cars are easy,) and generally have a low number and my won't go a penny more before I step foot in the dealer. I am prepared and have walked out, you HAVE to do that otherwise you're going to get tenderly loved by the salesman.
They think if they leave we will call back begging them to come back and offer a super low price. NOT TRUE. Most the time their offer was too low, so we could never make the deal.
It is always a good idea to be ready to walk, but not for money reasons. You should NEVER become too attached to a single car. If they see you are in love with it, you are gonna pay.
Simply put - If you find a car you like, and the price seems fair, buy it. (fair price, not some low ball never gonna buy a Porsche at that price number)
Do your research, know your models and prices, and buy a clean car at the correct price