erliban

Hi, I'm new to Porsche and in the market for my 1st 911. I'm mainly looking for a 997.1 based on my budget.
When I researched the price for a private party sale, the KBB price is way lower than most of the cars listed on craigslist. For example, I see private party sale price from KBB for a 2006 S Cab tops at ~$28k. But all the listings I see are way more at ~$35k.
So my question is: are the prices estimated by KBB realistic?
Thanks!

fastcars914

I personally don't really trust KBB for pricing...

Mark in Baltimore

Moving this the 997 forum.

voiceprint1

Welcome to your search, unfortunately there are no set rules for Porsche pricing, depending on year, options and mileage it can vary a lot, and KBB might be a good place to get a rough idea for a normal car, these cars come with a premium for really nice examples (like in the Rennlist or PCA classifieds).

erliban

Thanks for the input, but for a 2006 C2S Cab (manual 6-speed) with ~98k miles, is $30k a good price? KBB says only ~27k tops.

WhipE350

This would depend on a LOT of things.

Condition
Maintenance history
Accident history
Number and type of owners
Options

The list goes on. If you were buying a 98k mileage 911 from me it would probably have all new suspension. Preventative maintenance done like water pump if never done. Road rash taken care of. Other stuff. The same car off a dealer lot, ya never know. Did you find and drive one you like?
Do you wrench your own cars? Are you prepared to potentially put money into the car if it needs it.
Do a PPI.

erliban

Thanks for the advice. This particular car has had 4 owners, being sold by the 4th owner and he only has the service records during the 1 year he owned it. But there's no immediate problem/issues that need to be fixed.

dan!

FWIW, I had to pay well above the KBB price to get the car I wanted.

The type and location matter quite a bit for pricing discussions...

The difference between 27 and 30 isn't terribly large. Sometimes in life you just have to offer an extra 10% to get what you want.

captainbaker

No. KBB is a launching pad. The best pulse is what is available within your certain geographic area. If you wanna go even cheaper, expand your search nationwide but the risks are higher unless you make a plane trip to inspect personally.

TonyLL

In my experience (and other markets may be different) KBB was at least 10-15% under what market price was for 987 Caymans and 997s. Cargurus was way closer to what market price was.

eddiek997

cargurus.com is the latest common place for pricing/values

ATSR

Get a PPI that includes a DME report and borescoping the cylinders to see if there are any signs of bore scoring. Only then you can be sure that there aren't any immediate problems/issues with the car.

Good luck with your search

zirrah

KBB isn't going to be accurate for 911's in my experience. Always too low.

Iceter

All of these "books" are just aggregates of a number of data points. The more data points, the closer the values are to real life.

If you want to buy a Camry, they're great. If you want to buy a 911, not so much.

Porsche builds between 25,000 and 35,000 911s per year. The MSRPs on these could have varied from low to high by almost $100k. It's tough to nail down a value on a 911 when there are so few of them and the prices vary so widely.

erliban

All great points, thanks!