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BAT 2005 997 TIP w/146K miles - How About Guessing High Bid.

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BAT 2005 997 TIP w/146K miles - How About Guessing High Bid.

Old 01-09-2019, 02:16 PM
  #16  
linderpat
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Originally Posted by Balr14 View Post
$19500
Originally Posted by bgoetz View Post
Base model, average color, TIP, so IMO about as low on the “food chain” as possible. It does have the sport seats, but not the active sport seats. Then the high miles. I think this car will go for $19,750 and will be an amazing buy for someone looking for a base TIP.
^^^ In this range. All things considered with the car, I'll say $19,250. It'll end up being a great buy for someone too.
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Old 01-10-2019, 05:48 PM
  #17  
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Bump... it's up to $10977 now...
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Old 01-10-2019, 07:27 PM
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It's the final 2 minutes that count on BaT.
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Old 01-13-2019, 03:13 AM
  #19  
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Bump for tomorrow!
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Old 01-14-2019, 01:00 PM
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$17k. 4 hours to go.
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Old 01-14-2019, 05:14 PM
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7 minutes to go and at 18,750. However, looks like a couple of guys in the room today, so I'm revising up to low 20's. Say 22.
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Old 01-14-2019, 05:23 PM
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Sold. $20,250.
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Old 01-14-2019, 05:35 PM
  #23  
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Damn, missed by $750. Looks like the winner is: bgoetz!
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Old 01-14-2019, 09:10 PM
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Wow - Thought it would have climbed a bit more but w/almost 150K miles and Tiptronic, sold cheap
Good guess bgoetz
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Old 01-15-2019, 12:08 AM
  #25  
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Originally Posted by groovzilla View Post
Wow - Thought it would have climbed a bit more but w/almost 150K miles and Tiptronic, sold cheap
Good guess bgoetz
From years of working for a used car dealer, I have learned that people usually over-value their car by about 20%. The same applies to the value they assign to others that are similar to their car. Wishful thinking, I guess.

Last edited by Balr14; 01-15-2019 at 12:48 AM.
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Old 01-15-2019, 01:29 AM
  #26  
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Originally Posted by Balr14 View Post
From years of working for a used car dealer, I have learned that people usually over-value their car by about 20%. The same applies to the value they assign to others that are similar to their car. Wishful thinking, I guess.
As a landlord I charge low rent to keep tenants happy/no BS and they stay way longer.
When I sell my Porsche every 1-2 years, I always price it at a very fair price to avoid hassles and save time and have been doing so for 30 years.
My last 11 Porsche's I've sold over past 10 years (2 964's, 3 993's, 2 996's, 3 996 C4S's,1 997S) have all been sold at my firm asking price. I don't normally keep track but I've had a few vodka's tonight and math is easier.
I also buy with resale in mind. I don't claim to be an expert in the sales field but my system has been smooth sailing.

I figured that 05 997 would have reached at least $24-$25K but I think the Tiptronic did more damage to resale than the miles. I'd never buy a 150K mile car.
Who knows maybe my age is finally catching up?
What r your thoughts - On the car not my dementia??
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Old 01-15-2019, 01:31 AM
  #27  
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Yep, 150k miles, base model car, and tip transmission are probably why it was off a few K. Someone is going to have some fun, cheap.
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Old 01-15-2019, 03:26 AM
  #28  
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Originally Posted by groovzilla View Post
I figured that 05 997 would have reached at least $24-$25K but I think the Tiptronic did more damage to resale than the miles. I'd never buy a 150K mile car.
Who knows maybe my age is finally catching up?
What r your thoughts - On the car not my dementia??
A base model 15 year old car with 150k miles and no highly desirable options is not going to be a hot seller. I figured $20k would be the sticking point for an auction, maybe a little more or a little less. People who buy at an auction aren't looking to pay retail. Personally, you couldn't give that car to me. The age and mileage are beyond my comfort threshold.
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Old 01-15-2019, 05:04 PM
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Originally Posted by Balr14 View Post
A base model 15 year old car with 150k miles and no highly desirable options is not going to be a hot seller. I figured $20k would be the sticking point for an auction, maybe a little more or a little less. People who buy at an auction aren't looking to pay retail. Personally, you couldn't give that car to me. The age and mileage are beyond my comfort threshold.
Agree - I thought the Sport Seats would raise the bar a little bit since you can sell them any day for $3K
But would be hard to drive w/o seats
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Old 01-15-2019, 05:27 PM
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Originally Posted by groovzilla View Post
Agree - I thought the Sport Seats would raise the bar a little bit since you can sell them any day for $3K
But would be hard to drive w/o seats
I am pretty new to the Porsche world, but I thought the power Sports Seat had significant value, not the manual ones.
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