Craigslist, EBay and Other Online Finds
11-20-2016, 04:50 PM
#1128
Rennlist Member
Just a data-point for us 996TT seekers. Looked at an estate sale 2002 Turbo yesterday. Sealed bid.
Spoiler: Car sold for $33,500... (my bid was significantly lower.)
Car details:
Damn, is this what has become of the 996 TT market?
Spoiler: Car sold for $33,500... (my bid was significantly lower.)
Car details:
- Dark blue over gray, 48K miles
- Factory aero kit, but was missing aero front lip.
- Sat for 3 years un-driven and outside., but dealer just flushed/filled gas and changed oil. Dealer didn't test drive the car beyond that.
- Starts and runs with no apparent smoke or rough running.
- Stored outside even when it was driven the previous 5+ years.
- Paint didn't have any obvious major flaws, but plenty of weathering.
- Headlights as yellowed and cloudy as I've ever seen.
- OEM wheels missing, aftermarket wheels badly curb-rashed and peeling, one completely dented and flat, car sitting on spare. 0% life left in tires.
- Both window regulators bad, door microswitches bad. Car stored with windows partially down.
- Interior very dirty, leather cracked.
- Radio dead.
- Shift boot torn.
- Floor mats trashed.
- Single key.
- Clean carfax but multiple owners.
- No test drives.
- No PPI.
- No records.
Damn, is this what has become of the 996 TT market?
11-20-2016, 05:42 PM
#1130
Three Wheelin'
11-20-2016, 08:20 PM
#1132
Rennlist Member
I agree... just amazed at some of the junk I'm seeing when looking at cars. Though I did see a very nice one today. Bigger price tag than I was looking, but checked all the right boxes.
11-20-2016, 10:24 PM
#1133
Rennlist Member
Thread Starter
Well, don't get discouraged - just remember that the well-priced cars don't sit on the market very long. As for that estate sale 996, let's say you bought it for $33,500 and:
1. Bought and installed youself an aero front lip from ebay ($75)
2. Took it to a detail shop to have interior cleaned and paint correction ($500)
3. Had the headlights professionally polished back to clear ($100)
4. Bought a nice set of used turbo twists ($1000)
5. Bought a new set of Sumi HTR-ZIII's, mounted, balanced ($750)
6. New aftermarket radio installed ($250)
7. New shift boot ($50)
8. New high-quality floor mats front and back ($200)
9. Second key ($450) and have the dealer pull the records while you are having the key done ($0)
10. Two new window regulators installed youself off ebay ($250)
Total $3,625
So, now you're all in on a 48k mile 996tt with factory aerokit at $37,125 in arguably decent condition with all that attention just paid to it. Sure, there are a few unknowns, but the drivetrain on these cars is pretty robust. I'd say you could drive that car for a couple of years to "rehabilitate" it's reputation by keeping meticulous records and giving it some time under the watch of an enthusiast owner, and then sell it for $40,000.
Even a year to a year and a half ago when I was searching (arguably the bottom of the market), salvage title cars on the Copart (insurance) auction were selling for $25k. To get anything in the $30k's now, you'll have to take a little leap of faith on some aspect of the car.
1. Bought and installed youself an aero front lip from ebay ($75)
2. Took it to a detail shop to have interior cleaned and paint correction ($500)
3. Had the headlights professionally polished back to clear ($100)
4. Bought a nice set of used turbo twists ($1000)
5. Bought a new set of Sumi HTR-ZIII's, mounted, balanced ($750)
6. New aftermarket radio installed ($250)
7. New shift boot ($50)
8. New high-quality floor mats front and back ($200)
9. Second key ($450) and have the dealer pull the records while you are having the key done ($0)
10. Two new window regulators installed youself off ebay ($250)
Total $3,625
So, now you're all in on a 48k mile 996tt with factory aerokit at $37,125 in arguably decent condition with all that attention just paid to it. Sure, there are a few unknowns, but the drivetrain on these cars is pretty robust. I'd say you could drive that car for a couple of years to "rehabilitate" it's reputation by keeping meticulous records and giving it some time under the watch of an enthusiast owner, and then sell it for $40,000.
Even a year to a year and a half ago when I was searching (arguably the bottom of the market), salvage title cars on the Copart (insurance) auction were selling for $25k. To get anything in the $30k's now, you'll have to take a little leap of faith on some aspect of the car.
11-21-2016, 12:49 AM
#1134
Rennlist Member
Well, don't get discouraged - just remember that the well-priced cars don't sit on the market very long. As for that estate sale 996, let's say you bought it for $33,500 and:
1. Bought and installed youself an aero front lip from ebay ($75)
2. Took it to a detail shop to have interior cleaned and paint correction ($500)
3. Had the headlights professionally polished back to clear ($100)
4. Bought a nice set of used turbo twists ($1000)
5. Bought a new set of Sumi HTR-ZIII's, mounted, balanced ($750)
6. New aftermarket radio installed ($250)
7. New shift boot ($50)
8. New high-quality floor mats front and back ($200)
9. Second key ($450) and have the dealer pull the records while you are having the key done ($0)
10. Two new window regulators installed youself off ebay ($250)
Total $3,625
So, now you're all in on a 48k mile 996tt with factory aerokit at $37,125 in arguably decent condition with all that attention just paid to it. Sure, there are a few unknowns, but the drivetrain on these cars is pretty robust. I'd say you could drive that car for a couple of years to "rehabilitate" it's reputation by keeping meticulous records and giving it some time under the watch of an enthusiast owner, and then sell it for $40,000.
Even a year to a year and a half ago when I was searching (arguably the bottom of the market), salvage title cars on the Copart (insurance) auction were selling for $25k. To get anything in the $30k's now, you'll have to take a little leap of faith on some aspect of the car.
1. Bought and installed youself an aero front lip from ebay ($75)
2. Took it to a detail shop to have interior cleaned and paint correction ($500)
3. Had the headlights professionally polished back to clear ($100)
4. Bought a nice set of used turbo twists ($1000)
5. Bought a new set of Sumi HTR-ZIII's, mounted, balanced ($750)
6. New aftermarket radio installed ($250)
7. New shift boot ($50)
8. New high-quality floor mats front and back ($200)
9. Second key ($450) and have the dealer pull the records while you are having the key done ($0)
10. Two new window regulators installed youself off ebay ($250)
Total $3,625
So, now you're all in on a 48k mile 996tt with factory aerokit at $37,125 in arguably decent condition with all that attention just paid to it. Sure, there are a few unknowns, but the drivetrain on these cars is pretty robust. I'd say you could drive that car for a couple of years to "rehabilitate" it's reputation by keeping meticulous records and giving it some time under the watch of an enthusiast owner, and then sell it for $40,000.
Even a year to a year and a half ago when I was searching (arguably the bottom of the market), salvage title cars on the Copart (insurance) auction were selling for $25k. To get anything in the $30k's now, you'll have to take a little leap of faith on some aspect of the car.
Looked at a really nice '02 Turbo today for $47K, need to decide very quickly wether to pull the trigger as it will be gone. A few more miles than I would like at that price, but the car is definitely one of the nicer turbo's I've seen with a few well done upgrades.
11-21-2016, 01:30 AM
#1135
Rennlist Member
Thread Starter
You definitely have a valid point, pfbz. Just trying to stay positive.
Good luck with the search - remember that part's half the fun. Be patient, but also be ready to act when the right car does come along. My car was on the market for a grand total of about 8 hours before I put down a non-refundable $1,000 deposit. I have no doubt it would have sold in the 4 days before I could make it out to NYC to see it in person had I not put down that deposit. I had to take a $1,000 leap of faith, but it worked out beautifully.
Good luck with the search - remember that part's half the fun. Be patient, but also be ready to act when the right car does come along. My car was on the market for a grand total of about 8 hours before I put down a non-refundable $1,000 deposit. I have no doubt it would have sold in the 4 days before I could make it out to NYC to see it in person had I not put down that deposit. I had to take a $1,000 leap of faith, but it worked out beautifully.
11-21-2016, 04:30 AM
#1136
Burning Brakes
Just a data-point for us 996TT seekers. Looked at an estate sale 2002 Turbo yesterday. Sealed bid.
Spoiler: Car sold for $33,500... (my bid was significantly lower.)
Car details:
Damn, is this what has become of the 996 TT market?
Spoiler: Car sold for $33,500... (my bid was significantly lower.)
Car details:
- Dark blue over gray, 48K miles
- Factory aero kit, but was missing aero front lip.
- Sat for 3 years un-driven and outside., but dealer just flushed/filled gas and changed oil. Dealer didn't test drive the car beyond that.
- Starts and runs with no apparent smoke or rough running.
- Stored outside even when it was driven the previous 5+ years.
- Paint didn't have any obvious major flaws, but plenty of weathering.
- Headlights as yellowed and cloudy as I've ever seen.
- OEM wheels missing, aftermarket wheels badly curb-rashed and peeling, one completely dented and flat, car sitting on spare. 0% life left in tires.
- Both window regulators bad, door microswitches bad. Car stored with windows partially down.
- Interior very dirty, leather cracked.
- Radio dead.
- Shift boot torn.
- Floor mats trashed.
- Single key.
- Clean carfax but multiple owners.
- No test drives.
- No PPI.
- No records.
Damn, is this what has become of the 996 TT market?
11-21-2016, 08:42 AM
#1137
+1, Im kind of surprised this car got sold for such a high number. If I had to choose between this car and cburkes car that just sold on Bat for less I would've definitely gone with cburkes well sorted and fully functional car. One of these selling prices was an anomaly. Or maybe they both were???
Even a year to a year and a half ago when I was searching (arguably the bottom of the market), salvage title cars on the Copart (insurance) auction were selling for $25k. To get anything in the $30k's now, you'll have to take a little leap of faith on some aspect of the car.
11-21-2016, 01:45 PM
#1139
Instructor
Join Date: Jul 2016
Location: Florida
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11-22-2016, 01:19 AM
#1140
Rennlist Member
Thread Starter
+1, Im kind of surprised this car got sold for such a high number. If I had to choose between this car and cburkes car that just sold on Bat for less I would've definitely gone with cburkes well sorted and fully functional car. One of these selling prices was an anomaly. Or maybe they both were???