Buy 996 at Auction?
05-27-2017, 07:16 PM
#31
Cruisin'
Thread Starter
Join Date: May 2017
Posts: 9
Likes: 0
Received 0 Likes
on
0 Posts
Not sure why my previous reply did not go through. Said something about moderator review before it would post.
Many of you were correct about the car and situation.
The car was not clean. The interior floorboards were dirty and cluttered. The wheels had brake dust caked on them.
Always Wanted 1, you were right. Driver's side seat bolster was dried and cracked. Leather interior looked like it had not been taken care of.
Talked to the PO's son. He said that he was not aware of any service records, although I heard someone say that there were some dealer maintenance entries in the manual. Son had no idea about RMS, IMSB, etc. He said he 'thought' that it had been taken in for scheduled maintenance. That is all he knew.
A couple of door dings in the driver door and at least one in the passenger side. Not major but you could see them. Paint damage on the passenger rear corner. Looked like a scuff or something had grazed it, but it was obvious. Tires appeared shot. Not sure why there was a bent/mangled Porsche plate on the front.
Anyway, the car sold for $22,600. To a (appeared to be) twenty-something woman whose parents were 'helping' her bid. Those in attendance who looked to be familiar with what they were evaluating bailed by $14k. There was 'that guy' who traded bids with the woman until he quit at $22,500.
So, she pays $22,600 plus 7% state tax plus a 3% 'convenience' fee. Puts her very close to $25k for the car. Ugh.
Thanks all for the feedback and info. A good adventure nonetheless. I will keep looking.
Many of you were correct about the car and situation.
The car was not clean. The interior floorboards were dirty and cluttered. The wheels had brake dust caked on them.
Always Wanted 1, you were right. Driver's side seat bolster was dried and cracked. Leather interior looked like it had not been taken care of.
Talked to the PO's son. He said that he was not aware of any service records, although I heard someone say that there were some dealer maintenance entries in the manual. Son had no idea about RMS, IMSB, etc. He said he 'thought' that it had been taken in for scheduled maintenance. That is all he knew.
A couple of door dings in the driver door and at least one in the passenger side. Not major but you could see them. Paint damage on the passenger rear corner. Looked like a scuff or something had grazed it, but it was obvious. Tires appeared shot. Not sure why there was a bent/mangled Porsche plate on the front.
Anyway, the car sold for $22,600. To a (appeared to be) twenty-something woman whose parents were 'helping' her bid. Those in attendance who looked to be familiar with what they were evaluating bailed by $14k. There was 'that guy' who traded bids with the woman until he quit at $22,500.
So, she pays $22,600 plus 7% state tax plus a 3% 'convenience' fee. Puts her very close to $25k for the car. Ugh.
Thanks all for the feedback and info. A good adventure nonetheless. I will keep looking.
05-27-2017, 09:43 PM
#32
Rennlist Member
She going to be sadly surprised once down the rabbit hole...
05-27-2017, 09:54 PM
#33
Rennlist Member
Better them than you.
The nicest 996 around barely break $30K these days (gt/turbo excluded of course), so buying a pile of unknown with cosmetic defects, zero service history, and known to be sitting for a while for $24K+ makes zero sense.
The last 996 estate sale care I saw around here also went for way too much. Similar story, clearly sat for several years and had some cosmetic flaws. But at least that one was a turbo. I bid what I considered to be full money on the car given the obvious things it needed and an adjustment for the unknown factor, and was outbid by a bunch. Also better them than me...
The nicest 996 around barely break $30K these days (gt/turbo excluded of course), so buying a pile of unknown with cosmetic defects, zero service history, and known to be sitting for a while for $24K+ makes zero sense.
The last 996 estate sale care I saw around here also went for way too much. Similar story, clearly sat for several years and had some cosmetic flaws. But at least that one was a turbo. I bid what I considered to be full money on the car given the obvious things it needed and an adjustment for the unknown factor, and was outbid by a bunch. Also better them than me...
05-27-2017, 09:57 PM
#34
Burning Brakes
I am not surprised at all about the final price. Those kind of things happen regularly at auctions, especially the "small town" auctions where you have people in attendance that are not experts on the material. I am surprised it involved a young woman and not two guys bidding each other up. Maybe her parents are well to do and it won't be a big deal to throw another 5k at it.
05-27-2017, 10:58 PM
#35
Not sure why my previous reply did not go through. Said something about moderator review before it would post.
Many of you were correct about the car and situation.
The car was not clean. The interior floorboards were dirty and cluttered. The wheels had brake dust caked on them.
Always Wanted 1, you were right. Driver's side seat bolster was dried and cracked. Leather interior looked like it had not been taken care of.
Talked to the PO's son. He said that he was not aware of any service records, although I heard someone say that there were some dealer maintenance entries in the manual. Son had no idea about RMS, IMSB, etc. He said he 'thought' that it had been taken in for scheduled maintenance. That is all he knew.
A couple of door dings in the driver door and at least one in the passenger side. Not major but you could see them. Paint damage on the passenger rear corner. Looked like a scuff or something had grazed it, but it was obvious. Tires appeared shot. Not sure why there was a bent/mangled Porsche plate on the front.
Anyway, the car sold for $22,600. To a (appeared to be) twenty-something woman whose parents were 'helping' her bid. Those in attendance who looked to be familiar with what they were evaluating bailed by $14k. There was 'that guy' who traded bids with the woman until he quit at $22,500.
So, she pays $22,600 plus 7% state tax plus a 3% 'convenience' fee. Puts her very close to $25k for the car. Ugh.
Thanks all for the feedback and info. A good adventure nonetheless. I will keep looking.
Many of you were correct about the car and situation.
The car was not clean. The interior floorboards were dirty and cluttered. The wheels had brake dust caked on them.
Always Wanted 1, you were right. Driver's side seat bolster was dried and cracked. Leather interior looked like it had not been taken care of.
Talked to the PO's son. He said that he was not aware of any service records, although I heard someone say that there were some dealer maintenance entries in the manual. Son had no idea about RMS, IMSB, etc. He said he 'thought' that it had been taken in for scheduled maintenance. That is all he knew.
A couple of door dings in the driver door and at least one in the passenger side. Not major but you could see them. Paint damage on the passenger rear corner. Looked like a scuff or something had grazed it, but it was obvious. Tires appeared shot. Not sure why there was a bent/mangled Porsche plate on the front.
Anyway, the car sold for $22,600. To a (appeared to be) twenty-something woman whose parents were 'helping' her bid. Those in attendance who looked to be familiar with what they were evaluating bailed by $14k. There was 'that guy' who traded bids with the woman until he quit at $22,500.
So, she pays $22,600 plus 7% state tax plus a 3% 'convenience' fee. Puts her very close to $25k for the car. Ugh.
Thanks all for the feedback and info. A good adventure nonetheless. I will keep looking.
05-28-2017, 09:00 AM
#37
Cruisin'
Thread Starter
Join Date: May 2017
Posts: 9
Likes: 0
Received 0 Likes
on
0 Posts
Did you find out how long it had been since it was driven last?
05-28-2017, 09:42 AM
#38
Rennlist Member
Join Date: Jun 2016
Location: Saint Clairsville, Ohio
Posts: 185
Likes: 0
Received 2 Likes
on
2 Posts
Not sure why my previous reply did not go through. Said something about moderator review before it would post.
Many of you were correct about the car and situation.
The car was not clean. The interior floorboards were dirty and cluttered. The wheels had brake dust caked on them.
Always Wanted 1, you were right. Driver's side seat bolster was dried and cracked. Leather interior looked like it had not been taken care of.
Talked to the PO's son. He said that he was not aware of any service records, although I heard someone say that there were some dealer maintenance entries in the manual. Son had no idea about RMS, IMSB, etc. He said he 'thought' that it had been taken in for scheduled maintenance. That is all he knew.
A couple of door dings in the driver door and at least one in the passenger side. Not major but you could see them. Paint damage on the passenger rear corner. Looked like a scuff or something had grazed it, but it was obvious. Tires appeared shot. Not sure why there was a bent/mangled Porsche plate on the front.
Anyway, the car sold for $22,600. To a (appeared to be) twenty-something woman whose parents were 'helping' her bid. Those in attendance who looked to be familiar with what they were evaluating bailed by $14k. There was 'that guy' who traded bids with the woman until he quit at $22,500.
So, she pays $22,600 plus 7% state tax plus a 3% 'convenience' fee. Puts her very close to $25k for the car. Ugh.
Thanks all for the feedback and info. A good adventure nonetheless. I will keep looking.
Many of you were correct about the car and situation.
The car was not clean. The interior floorboards were dirty and cluttered. The wheels had brake dust caked on them.
Always Wanted 1, you were right. Driver's side seat bolster was dried and cracked. Leather interior looked like it had not been taken care of.
Talked to the PO's son. He said that he was not aware of any service records, although I heard someone say that there were some dealer maintenance entries in the manual. Son had no idea about RMS, IMSB, etc. He said he 'thought' that it had been taken in for scheduled maintenance. That is all he knew.
A couple of door dings in the driver door and at least one in the passenger side. Not major but you could see them. Paint damage on the passenger rear corner. Looked like a scuff or something had grazed it, but it was obvious. Tires appeared shot. Not sure why there was a bent/mangled Porsche plate on the front.
Anyway, the car sold for $22,600. To a (appeared to be) twenty-something woman whose parents were 'helping' her bid. Those in attendance who looked to be familiar with what they were evaluating bailed by $14k. There was 'that guy' who traded bids with the woman until he quit at $22,500.
So, she pays $22,600 plus 7% state tax plus a 3% 'convenience' fee. Puts her very close to $25k for the car. Ugh.
Thanks all for the feedback and info. A good adventure nonetheless. I will keep looking.
05-28-2017, 12:53 PM
#39
Rennlist Member
PT Barnum said it best.
05-28-2017, 02:18 PM
#40
Race Director
I am not surprised at all about the final price. Those kind of things happen regularly at auctions, especially the "small town" auctions where you have people in attendance that are not experts on the material. I am surprised it involved a young woman and not two guys bidding each other up. Maybe her parents are well to do and it won't be a big deal to throw another 5k at it.
In a small town (pop. 25K maybe) in MO, back in late Jan. 2015 an "estate" auction was held to dispose of my parents' personal belongings. Furniture. Couple of TVs. Some not so good stereo stuff. Dishes. Kitchen ware. 4 or 5 guns, nothing fancy and some fishing tackle. Shed full of garden tools. No vehicles. (I sold those separately.) A small aluminum fishing boat w/outboard motor and trailer. NO clothes or shoes were included in the sale.These were donated.
I was there from Dec. 22, 2014 to the middle of Jan 2015 and the mid-west weather had been horrible the whole time.
Auction was held on a Saturday and the weather was nice for Jan. Think it got up to the high 40's and the weather was clear and sunny.
The auctioneer told me afterwards -- I was not there for the auction -- the turnout was super. He handed out over 200 bidding cards.
60+ years of their stuff - mostly junk they were not the type to spend too much on TVs stereos and such and had no antiques or collectables -- sold for around $7K.
The good weather coupled with cabin fever brought out the crowd and the auctioneer did the rest. (Some curiosity was involved too as my parents had lived in that town since the early 50's and were well known.) The proceeds covered the cost of the auction and the cleaning of the houses and other things and let me stilll bank around $5K to the trust account.
The auctioneer admitted to me he was a bit surprised at the outcome though he was pleased of course.
05-28-2017, 06:47 PM
#42
Cruisin'
Thread Starter
Join Date: May 2017
Posts: 9
Likes: 0
Received 0 Likes
on
0 Posts
The auctioneer even commented (over the microphone to everyone) near the end of the bidding that multiple people told him the car would not bring $15k. I am sure he was ecstatic given that he gets a cut. Should have made the 'winner' sick.
05-30-2017, 11:00 AM
#45
Burning Brakes
I bought multiple items from a very large auction house a few weeks ago. I couldn't attend so I placed bids on-line. As I was watching the results, I was the high bidder at $550 with a max bid of $600. I watched as my $600 bid was bid against my $550 bid. There was no cut bid at $575, so it was just me being bid against me. Cost me an extra $60 with the commission. I can complain to the auction house, but nothing will be done. This has happened multiple times over the years, even at live auctions. I have seen experienced bidders, who are the high bidder on a particular lot, call out the auctioneer and ask him who the last bidder was that resulted in his bid being raised. Of course there wasn't one. The auctioneer would just brush it off "my bad" and restart the bidding two increments lower.