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First timer, pricing advice pls

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Old Jul 4, 2019 | 05:56 PM
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Default First timer, pricing advice pls

Hi all,
My first post here, looking to close on a 2011 C4S and would like some direction on pricing. It's black/black well-spec'd with PDK, sport-chrono (plus), PSE, PASM of course, sport design steering wheel. Has standard leather, not full leather. Mileage is a little on the high side at ~76,000 mi.
Also has Fabspeed side mufflers. This will be my first Porsche. I could have gone 991, but wanted a more "authentic" experience, plus am thinking I'll lose less to depreciation on a 997.2 (2-3 year time frame) than on a 991. VINanalytics tells me original price was $112,805.
Thoughts?

Also, why is KBB so different from the ask prices (and I presume sale prices) that I see listed. I.e. KBB estimates seem to run $5k - $8k lower than what's listed out there.
Thanks in advance.


Last edited by aarijk; Jul 4, 2019 at 06:36 PM.
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Old Jul 4, 2019 | 06:18 PM
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The 997.2 prices seem a little high lately. There was an excellent S for 50k here in Rennlist which I think is a bargain (if it's still available) the owner kept great records.

https://rennlist.com/forums/market/1147984 (this looks like a great car)

I don't know about KBB.

Last year in May, I bought a C4S for 42% of original MSRP - it only had 40k miles. Those same cars seem to be running at about 52-55% of original sticker now.

There might be some softer prices in the fall or if there is a market correction.

Your post isn't clear as to the options - the way you wrote "except full leather..." leads me to believe it does not have those things.

I think a C4S is a safe bet but realize what your 'all in' price will be. In my book - all maintenance (time and miles) up to date - sales tax, acquisition costs and other slippage, and possibly a Fidelity Warranty if you're not a wrencher and are risk adverse.

Last edited by MexicoBlueTurboS; Jul 4, 2019 at 07:11 PM.
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Old Jul 4, 2019 | 06:19 PM
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MexicoBlueTurboS
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Send me a PM with your phone # and I'll try to help you. Being a newbie you shouldn't rush into this unless you're a good horse trader.
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Old Jul 4, 2019 | 08:38 PM
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The car on rennlist is mine. Any questions please let me know!
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Old Jul 4, 2019 | 09:04 PM
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Forget KBB. It’s of marginal use for these cars in my opinion.
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Old Jul 4, 2019 | 09:12 PM
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Originally Posted by 8202632
The car on rennlist is mine. Any questions please let me know!
I can't believe it's not sold. If I didn't have one, I'd be flying out to look at yours.
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Old Jul 4, 2019 | 09:15 PM
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Originally Posted by swingwing
Forget KBB. It’s of marginal use for these cars in my opinion.
Yes, that's what I'm gathering. Mileage seems to drastically affect resale values it seems.

So for the C4S I described, a $55k - $57k ask seems reasonable?
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Old Jul 4, 2019 | 10:05 PM
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Originally Posted by swingwing
Forget KBB. It’s of marginal use for these cars in my opinion.

Agreed. Like consumer reports. Utterly useless.
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Old Jul 4, 2019 | 11:01 PM
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Originally Posted by aarijk
Yes, that's what I'm gathering. Mileage seems to drastically affect resale values it seems.

So for the C4S I described, a $55k - $57k ask seems reasonable?
That is high for the mileage. More like high $40s. Even a manual C4S with those miles wouldn’t be mid $50s.
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Old Jul 4, 2019 | 11:03 PM
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Originally Posted by 8202632
Agreed. Like consumer reports. Utterly useless.
Black Book is way more accurate. But a lot of those sites don’t take into account after factory add ons so the seller’s asking price should take those into account and that is one reason why asking price is higher.
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Old Jul 4, 2019 | 11:05 PM
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Originally Posted by aarijk
Yes, that's what I'm gathering. Mileage seems to drastically affect resale values it seems.

So for the C4S I described, a $55k - $57k ask seems reasonable?
I actually think the price is reasonable. Look at the add ons as well and the maintenance done on the car.
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Old Jul 5, 2019 | 12:18 AM
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Originally Posted by Speedvagen
I actually think the price is reasonable. Look at the add ons as well and the maintenance done on the car.
Seller has good records, and has kept up with maintenance. The car is actually really nice to look at and drive. Great condition inside and out.
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Old Jul 5, 2019 | 12:58 AM
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I think over 50k is pushing it with those miles, even with a great history. High 40s is my guess depending on condition and other things not mentioned.
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Old Jul 5, 2019 | 01:05 AM
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The price is high (mileage and uncertain about options) . This one was ~ $54k with 40k miles / 2 owners and a real nice set of options. Seller agreed to bring all mileage and time maintenance up to date as part of the sale - we split that 50/50. Condition was like new.

https://vinanalytics.com/car/WP0CB2A95BS754521/


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Old Jul 5, 2019 | 04:24 AM
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Thanks all!
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