Have you bought a 997.2 in the last year? If so, I need your help.
05-20-2019, 04:54 PM
#1
Rennlist Member
Thread Starter
Have you bought a 997.2 in the last year? If so, I need your help.
I have a request.
I needed to have my 2009 997.2 appraised professionally, and the company essentially came back with a value that is below KBB/Nada.
Having had gotten a signed offer with a deposit about $10,000 above KBB, close to what many of us here would perceive as market value - I think something is way off with their methodology, and I would very much like to use data to support my counter claim.
My ask:
If you have bought a 997.2 C2/4S in the last year or so (manual or PDK), could you post or PM me privately the following very basic things:
* Year
* 2 or 4S (cab/ or coupe)
* Transmission
* Selling price
Out of respect to owners, I won't make this information publicly available if so requested.
Depending on demand and result - I would be happy to keep curating this list as an objective selling price index of our cars that could be matched to BaT for actual transaction prices. It's how I most recently sold my 996, extrapolating an actual equation to get to an agreed upon selling price. It worked out very nicely, with little argument against real data.
Appreciate your help.
I needed to have my 2009 997.2 appraised professionally, and the company essentially came back with a value that is below KBB/Nada.
Having had gotten a signed offer with a deposit about $10,000 above KBB, close to what many of us here would perceive as market value - I think something is way off with their methodology, and I would very much like to use data to support my counter claim.
My ask:
If you have bought a 997.2 C2/4S in the last year or so (manual or PDK), could you post or PM me privately the following very basic things:
* Year
* 2 or 4S (cab/ or coupe)
* Transmission
* Selling price
Out of respect to owners, I won't make this information publicly available if so requested.
Depending on demand and result - I would be happy to keep curating this list as an objective selling price index of our cars that could be matched to BaT for actual transaction prices. It's how I most recently sold my 996, extrapolating an actual equation to get to an agreed upon selling price. It worked out very nicely, with little argument against real data.
Appreciate your help.
05-20-2019, 05:09 PM
#2
Rennlist Member
This is exactly why I insist on an Agreed Value Insurance Policy, and most 911 drivers should as well. Especially with the more special builds like GTS, GT3, Turbo and Turbo S.
05-20-2019, 05:30 PM
#3
Rennlist Member
While shopping, dealers and most private sellers were asking from low $50k to low $60k, while all evaluation tools had them at mid$30k to mid $40k and that was market value. They were even lower as trade-ins where they were hi $20k to low $40k!!!!
And if I remember correctly, unlike market reality, the autos and cabs were worth more, just like when new.
And if I remember correctly, unlike market reality, the autos and cabs were worth more, just like when new.
05-20-2019, 05:38 PM
#4
Rennlist Member
There is always a difference between "Appraisal" Value and "Market" Value.
05-20-2019, 08:09 PM
#5
Burning Brakes
To the Rennlist member, coupes, manual transmissions and service records command a huge price increase. To the real world, convertibles always cost more, automatics are always more desirable and few people expect service records. You also have to factor in how badly do you want to sell? Selling a used Porsche can take a long time.
I'm confused as to why you are concerned if you already have an offer $10k above value? Take the money and run. Use Cargurus estimating tool. It's pretty accurate.
I'm confused as to why you are concerned if you already have an offer $10k above value? Take the money and run. Use Cargurus estimating tool. It's pretty accurate.
05-20-2019, 08:28 PM
#6
A gorgeous 2009 Porsche Carrera 2s just sold on BaT for 58K. That car was a PDK with a great color and interior and had just 15K miles on it. I had predicted that the car would reach 65K. So that was the market value of a very desirable Porsche on this particular day.
05-20-2019, 09:59 PM
#7
Just took the premium hit switching from a vanilla Geico policy to an agreed value Hagerty policy. The premium sucks (50% more) but the peace of mind is awesome. Sending you a PM, OP.
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05-21-2019, 01:14 AM
#9
Rennlist Member
Thread Starter
Thanks for the submissions everyone!
Because that was when the car was for sale, it’s no longer. It’s a for life (or very long time) car and I need to document the actual value of it for insurance purposes.
To the Rennlist member, coupes, manual transmissions and service records command a huge price increase. To the real world, convertibles always cost more, automatics are always more desirable and few people expect service records. You also have to factor in how badly do you want to sell? Selling a used Porsche can take a long time.
I'm confused as to why you are concerned if you already have an offer $10k above value? Take the money and run. Use Cargurus estimating tool. It's pretty accurate.
I'm confused as to why you are concerned if you already have an offer $10k above value? Take the money and run. Use Cargurus estimating tool. It's pretty accurate.
05-21-2019, 03:32 AM
#11
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