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Where is the market on a 2001 tt

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Old 05-10-2020 | 06:40 PM
  #46  
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Originally Posted by back2porsche
Picked up an ‘02 lapis blue 52k kms/30k mi in toronto late feb for C$60k - US$42k. Came with light seasoning added like rss stage 2 susp, wheel spacers, h&r springs, gt2 brake conversion /fresh stoptec brakes, rare techart chrome rollbar, pinned lines and fresh clutch at 24k mi., fabspeed, some tasteful carbon on ext, fresh paint correction - ceramic before storage last winter. Full ppi pass including leakdown and compression. Found/replaced coil packs and thru on a set fresh of tires. Saw same higher mileage dealer cars same $ range sitting for months.
Great example... And something like this would be a great choice for the OP. Just don't expect US buyers to find one at anywhere near $42K US, and if you do, go grab some lottery tickets the same day because you are on a lucky streak.

IMHO, if you could find a similarly sorted and modified car at $50KUS you should grab it.

Can't really comment on how the currently weak $CAD is specifically effecting Turbo prices north of the border, I assume you'll be looking at US cars as well?

(also, pretty sure that is a Porshe T-equipment roll bar, not a Techart. Which is great, not a downside...)
Old 05-10-2020 | 08:35 PM
  #47  
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^ Agree with everything above. Don't get starstruck by a modded car just because it's modded...a lot of people don't know what they're doing, the parts are old and need to be refreshed, etc. That being said, if you happen to find a car that's nicely set up, you could score a good deal on the mods that are on the car.
Old 05-10-2020 | 09:16 PM
  #48  
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Such a confusing thread for me. I see mentions of cars with mileage and some maintenance items still pending going for low to mid $30's, but yet plenty of sellers asking $55k-65k for cars that aren't perfect. I was under the impression $40-45k would get you into a decent car, maybe 60k miles, and has a few minor things needing attention. After addressing those issues, you'd be roughly around $50k, which is why I have started reaching out on 996GT3s...

I know they are different cars, but both work for me, and I have an easier time stomaching spending $60k and dumping the same $10k into the 6GT3. In short, I'd rather have $70k into a 6GT# than $50k into a 6TT.

If anyone has or is interested in selling their decent higher mileage 6TT, in the low to mid $30k range, feel free to shoot me a PM.
Old 05-10-2020 | 10:21 PM
  #49  
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Originally Posted by Indiana Jones
If anyone has or is interested in selling their decent higher mileage 6TT, in the low to mid $30k range, feel free to shoot me a PM.
you are a voice of reason and encouragement and your price range for a hi mileage but maintained specimen seems to be consonant with a *fair* market value.

i have to say. when i was told my car was worth 20k ( wholesale ) i was miffed AND insulted lol. hell, my raid steering wheel if you can find one on ebay is worth 3k! but that lowball offer was from a used pcar "dealer". so, who knows what it's worth. i'd like to think 30k or just over(?!) but hi miles really do diminish resale value. that's for certain.
Old 05-10-2020 | 11:17 PM
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Originally Posted by k9turbo
you are a voice of reason and encouragement and your price range for a hi mileage but maintained specimen seems to be consonant with a *fair* market value.

i have to say. when i was told my car was worth 20k ( wholesale ) i was miffed AND insulted lol. hell, my raid steering wheel if you can find one on ebay is worth 3k! but that lowball offer was from a used pcar "dealer". so, who knows what it's worth. i'd like to think 30k or just over(?!) but hi miles really do diminish resale value. that's for certain.
Ill give you 18k for the car and you can pay delivery fees and ttt too! And ill also pay you in 50 cent coins.

But realistically seeing as some of the air cooled cars in the 130k are going for 30k or so id say 20k for our cars is about right. My old z06 had about 100k when i bought it for 12k and almost 200 when it blew up.
Old 05-11-2020 | 12:36 AM
  #51  
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thanks pal. every/anyone in the market will give me 20k for it lol.

like i said before. they can bury me in it and i'll save on a casket at that price - and keep my bitchin' raid steering wheel to navigate where i end up lol
Old 05-11-2020 | 03:42 AM
  #52  
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Originally Posted by Patrick3000
I’m considering adding a 2001 tt, coupe, six speed manual. Having trouble figuring out the current market for these cars. One car in particular has piqued my interest. The car presents well but it is by no means perfect. Long term ownership, over a decade. No prior records beyond that. The car has 70k miles, no modifications and it is up to date on service, although I would have a major completed just to baseline the car. One issue, the rear spoiler has a leak and is not extending all of the way. No, the coolant lines have not been addressed. The front differential is there but has been disconnected somewhere along the way. The car would be used for HPDE, primarily. My other cars are very nice and I don’t want to beat them up on the track. Yes, I would have a PPI completed. Assuming a budget of 10k to get the car sorted. What is an appropriate price in today’s market
One thing nobody mentioned yet unless I missed it, when does/did the transmission rebuild occur?
Lots of threads in here of those who have had to do it.
This is a spendy variable if you have to do it. Buying a car with the front diff disconnected and no LSD will leave you wanting one for the track.
Maybe you can find one where somebody had the trans rebuilt with GT2 gearing and LSD, maybe with an oil port on the trans to run a cooler so you don't cook it on the track.
I bought one w/58k but a fresh crate motor, other people passed, I looked at it like a bonus for less. So I got a new motor but ended up cooking the transmission at the track after about 9-12 outings.
The rebuild with Cup LSD, steel synchros, GT2 mainshaft/gears, cooler, every bearing, and more was over $15k all in.
Some get away with a refresh of whatever is toast and then just add a LSD. Since yo're already used to burning up cash on cars, none of this should suprise you!
Old 05-11-2020 | 10:05 AM
  #53  
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Great feedback in this thread, thank you.

Originally Posted by mclaudio
Very cool. I posted in 991GT3 forum not too long ago about building a 914-6 as I was missing an open-top mid-engine ex-racer. Your ex-914 is the Marathon de la Route tribute-look I’m considering. Having built other cars, I can understand the re-engineering effort; perhaps better to buy something that is done or the real thing (though at much higher budget if available). You have a good point for me to ponder.

Here is a 01 6TT data point: I have a 76k mile 2001 6TT that is stock except for coilovers. It’s my go/park-anywhere, anytime street driver. I seriously considered a modified 6GT3 two weeks ago. Once I got the bottom line price on the 6GT3; I entertained idea of trading in my 6TT. The trade-in offer was at $34k, which is consistent at another dealership on another GT3 I considered months ago. Especially since I have other vintage race-oriented cars, I ultimately decided that a Mezger 6TT is much better as my street driver, while still satisfying criteria of only owning race-provenance cars. Anyway, adding reasonable markup above trade-in value may be the fair ballpark range. Hope this helps.

EDIT: Interesting that @evolution (and @dock seconded) offered a 996GT3 as a consideration for you. Great minds...I’ve been funneling down that path. Just can’t pull the trigger as my intended car use is strictly for street.
Really appreciate the perspective, especially the comments about ownership of race provenance cars.

I have a GT3T and that’s why a 6/GT3 has not been on the list but it may be worth reconsidering.

Originally Posted by SOS
996 GT3 would be a great track car, but much more expensive to buy. 996TT is the next best thing. It still has the true dry sump and old school track reliability. It's pretty heavy though, so you'll be burning more consumables.

IMO a car like the one you've described would probably go for somewhere around 40-45k in my neighbourhood.

Dealing with the coolant fittings will be your first order of business since it will be a track car.

Good luck.​​​​​
Agreed a 6/GT3 is a significant jump in $$$

Originally Posted by pfbz
My opinions, surely they are different than others:
.
  • Model year makes no significant difference.
  • X50 isn't worth extra unless you are buying a 100% stock collector car that will never be modified.
  • Service records are overblown... These cars are old enough that many or most of them have been separated from their records, and they are often still in great condition. Likewise, a pile of service records over 20 years really doesn't mean crap as to the current condition.
  • Mileage, within range, is less important than condition.
  • Fully sorted cars are worth a premium, but don't expect a PPI to get you even close to really knowing if your car is fully sorted.
  • There have been so many generations of mods to these cars, be careful about buying a car that was modified in a way that simply wouldn't be done today. eg: a hard-modified ECU tune instead of a software loaded tune, or ancient "upgraded" turbos, or useless "upgraded" airbox, or worn out and flimsy "upgraded" suspensions.
  • If you know which mods and shops are quality, yes, recent/modern mods can have value, particularly if you are looking for a track car.
  • "front diff disconnected" is a bit of a flag, unless you are sure you want to do a RWD conversion. And if so, you should finish the job properly with a LSD diff, stub axles up front, and removing the weight of the diff. If you want to go back to AWD, do you have all the parts? Is the center diff burned out, maybe why they disconnected the front diff?
  • The more you personally learn about these cars, and the more of them that you personally drive, the better you will be at spotting the cherry.
  • Price comparisons to tiptronic cars and cabriolets are not relevant. Six speed coupes have their own pricing spectrum and are typically the most sought after.

As for the car you mentioned, $35K isn't going to buy that car unless the seller doesn't know what it is worth... I see decent, higher mile cars in the low $40's, decent mid mile cars in the mid $40's, fully sorted cars with mileage and top quality mods in the $50's.

Some super low mile $60K asking price car (that still probably has dried out seals and shocks, boost leaks, etc) isn't really what you want if you are looking for a track car.
Thanks for the feedback, it is very helpful.

Originally Posted by Indiana Jones
Such a confusing thread for me. I see mentions of cars with mileage and some maintenance items still pending going for low to mid $30's, but yet plenty of sellers asking $55k-65k for cars that aren't perfect. I was under the impression $40-45k would get you into a decent car, maybe 60k miles, and has a few minor things needing attention. After addressing those issues, you'd be roughly around $50k, which is why I have started reaching out on 996GT3s...

I know they are different cars, but both work for me, and I have an easier time stomaching spending $60k and dumping the same $10k into the 6GT3. In short, I'd rather have $70k into a 6GT# than $50k into a 6TT.

If anyone has or is interested in selling their decent higher mileage 6TT, in the low to mid $30k range, feel free to shoot me a PM.
This is exactly why I started the thread. I find the current market very confusing.

Originally Posted by 911mhawk
One thing nobody mentioned yet unless I missed it, when does/did the transmission rebuild occur?
Lots of threads in here of those who have had to do it.
This is a spendy variable if you have to do it. Buying a car with the front diff disconnected and no LSD will leave you wanting one for the track.
Maybe you can find one where somebody had the trans rebuilt with GT2 gearing and LSD, maybe with an oil port on the trans to run a cooler so you don't cook it on the track.
I bought one w/58k but a fresh crate motor, other people passed, I looked at it like a bonus for less. So I got a new motor but ended up cooking the transmission at the track after about 9-12 outings.
The rebuild with Cup LSD, steel synchros, GT2 mainshaft/gears, cooler, every bearing, and more was over $15k all in.
Some get away with a refresh of whatever is toast and then just add a LSD. Since yo're already used to burning up cash on cars, none of this should suprise you!
Very good points in this post, thank you.
Old 05-11-2020 | 10:11 AM
  #54  
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This car is getting some action.
https://bringatrailer.com/listing/1971-porsche-914-6-9/
We all have reasons as to why we bought the cars we did. Bottom line is that we bought one. I'm looking to get a car for AutoX. I will start looking for a CaymanS, 06 to 08 at a resonable price once this covid crap is over with.
Old 05-11-2020 | 10:22 AM
  #55  
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I looked at the car in question over the weekend. Cosmetically the car presents better than expected. The needs in my original description are accurate. In no particular order the car needs a front differential, spoiler, lines pinned and front tires PS2’s. For my use GT3 sways and safety are also required. All in that puts the car around $50k set up and ready for HPDE, maybe a bit less if I can DIY some of the work. At that price point I may just use one of my other cars.

Thanks again for the information.
Old 05-11-2020 | 10:36 AM
  #56  
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I think I saw the ad for the car u mentioned, I actually commented on the post. Seller seems to be a straight shooter and car would be a great DD for someone at that price point. I would of been tempted but the timing is not right.
Old 05-11-2020 | 10:52 AM
  #57  
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Originally Posted by TRINITONY
I think I saw the ad for the car u mentioned, I actually commented on the post. Seller seems to be a straight shooter and car would be a great DD for someone at that price point. I would of been tempted but the timing is not right.

Yes - the seller of the 996 tt described in the original post is a good guy and a straight shooter, no BS. For a DD it is a good deal.

As others have mentioned a 6/GT3 may be a solid option for my intended use. I was offered a 6/GT3 in February 2020, prior to selling a few of my other cars. I think I will follow up on that one and see what’s up. It’s a bit more $$$ but as the saying goes, the juice may be worth the squeeze.

Last edited by Patrick3000; 05-11-2020 at 03:00 PM.
Old 05-11-2020 | 12:59 PM
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Buy this one, wrap it w/clear, remove stock parts you'll scratch up at the track for a couple years (telltale headliner scuffs it you're tall), then sell the low mileage garage queen in a few years for what you paid?
Old 05-12-2020 | 01:54 PM
  #59  
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On the 6GT3 and 6TT comparison, my considerations were/are:

1. The driving experience relative to $ and other cars. IMO, the 6TT’s driving experience is >$60K. I may be biased as I’m an owner, but this thought is what made me an owner in the first place. I’ve owned newer Porsches and have returned to 996 variants the third time. The 6TT is my undervalued analog/modern sweet spot street car.

The 6GT3 reminds me of my early 911 ownership/driving experiences especially S versions; you have to really spend time with it in higher revs and closer to its handling limits to appreciate it. The T and E versions of early 911s were arguably better street drivers, while the virtues of the S came out at higher engine and chassis limits. To me, the 6GT3 and 6TT driving experiences are within $20k of each other. @Indiana Jones interestingly mentioned this figure but in different context. The 6GT3 I’ve considered remained >$30K more than 6TT; hence, I’ve stayed with the 6TT. This is just my opinion and is only one data point which only matters to me. The current market seems to indicate a larger differential.

2. My own usage. If I can only have one car for combo track/street/backroad drives, then GT3 makes more sense. For strictly street use and paired with a race car, 6TT is functionally the better car. Driving less (even pre-Covid) overall and not being able to drive my street-registered race car (was undergoing weight reduction projects), I was missing more raw/visceral drives and the 6GT3 was appealing. Now that I have the race car back, there’s less motivation to switch.

There are other factors such as subjective beauty/looks and rarity/collectibility. IMO, the 6TT wins the former while the 6GT3 wins the latter. But again for the $ differential at this time and driving purpose (not garage queen collection), 6TT has been my choice.
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Old 05-12-2020 | 02:03 PM
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I enjoyed your analysis @mclaudio
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