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Old May 6, 2020 | 03:36 PM
  #31  
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Originally Posted by ccbb
24-29? seriously? The marketplace here has ~50k 4S cabs are asking at at 38-43 from more reputable sellers.

I'll go through the exercise of valuing by KBB and NADA. As a general rule of thumb how much off ask do you typically target on ask as a retail buyer? It seems these days that margins are much tighter on non-niche vehicles. I see these as pretty niche so perhaps there are larger margins?
That assessment was with a fair condition (lowest) with a clean title. Don't kid yourself, this car is no where near good or excellent condition. Salvaged title puts in a whole different category. The only true value it can be assessed at is by an insurance company and that's if they offer polices for salvaged vehicles.
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Old May 6, 2020 | 04:49 PM
  #32  
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I wouldn't give that seller a nickel. Period. If $20K is chump change to you, then spend up and get one that is good. If it isn't chump change, then $20K is way too high for it. If the price really isn't the issue, but instead you are in it for the hunt for a deal, then why reward an ******** attitude? You may end up spending another $40K to make it right and drivable/reliable. You won't know how bad it is until you live with it. With this guy's attitude, he will never get it sold, and that's all he deserves.
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Old May 6, 2020 | 04:50 PM
  #33  
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Always remember this. You are buying not just the car, but the seller. If either stink run away.
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Old May 6, 2020 | 05:24 PM
  #34  
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who buys a car from a seller that hangs up on him ?
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Old May 6, 2020 | 06:43 PM
  #35  
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A lot of us are glad you passed, the last thing anyone of us wants to do is say i told you so when you discover a cracked block or something on top of the known stuff. That things already at the scrap heap price wise and it would just take you down further financially. This is the place you come to, to learn about Porsches and there isn't many new posts asking salvage advice. It's a real hard resale, 99% of Porsche fans won't even look at it. To each their own obviously.

I was reading Bruce, Petza, Sandwedge and the rest of the veteran owners posts for at least 5 years before I even made a post myself or begun the search lol. I would spend at least a month just looking at all the past posts, relating to anything. You'll learn a lot. You don't even need the search button just start at the top and go down. You just need a bit of time. Lets say you spend 30-50k on a good one, you could very well resell it years down the road for a real small loss or even a slight gain on the right car. Part of my reasoning for going with a nicer one was when i go to sell it, if I do, i'll get more of my money back. Theres a minimum price point obviously to get into a "good" used Porsche. Anything below that "market" dictated number is going to be a questionable car. Ask anyone. Also every car is "a la cart" really, you have to compare the same stuff.

I imagine the less desirable the car the more wiggle room. I can only speak from a .2 manual 4s coupe view but the car I bought was originally listed at 63 then he dropped to to 59,500. I called to ask about the car and he said I've had like 4 offers at 50k and 55k buys it. So I had to buy it. There was only 4 or so of those for sale at the time and one was trash. We both knew it lol. I even contemplated Canada lol, it was a pain in the butt but i held out and "won". So I guess 7.5 %. I imagine you should use round non-insulting numbers lol don't worry about the percentage. I hear that more with new builds not used cars.

I'm a firm believer of paying the PCA test drive money to get the classifieds, those are people you would want to buy a car from, just like our marketplace here. The "interwebz" thread here has all kinds of stuff, and a lot of more affordable cars. If you really want to do it right there's a little bit of leg work plain and simple. My .02 cents at least.

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Old May 6, 2020 | 07:50 PM
  #36  
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Originally Posted by ccbb
Yes, let's shut this thread down. My takeaway is market for a comparably specified, 50K mile 4s Cabrio is 38-42K in the area. This was priced at 20K so ~50% discount. Despite the discount, I'm not willing to proceed based on the condition of the vehicle.
I agree. A good C4S is going to be around that price depending on options, color, transmission.
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Old May 6, 2020 | 08:37 PM
  #37  
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That's the beauty of the 911 line up, you can find some great affordable .2 base models for 30k and some real heavily optioned gt3's that still go for 120. I'm fairly ignorant to .1 pricing. It's whatever fits the budget and your happy with it, but I'd look for the cleanest showroom condition car I could find. Peace of mind is priceless.
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Old May 6, 2020 | 10:20 PM
  #38  
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Originally Posted by 63mercedes
That's the beauty of the 911 line up, you can find some great affordable .2 base models for 30k and some real heavily optioned gt3's that still go for 120. I'm fairly ignorant to .1 pricing. It's whatever fits the budget and your happy with it, but I'd look for the cleanest showroom condition car I could find. Peace of mind is priceless.
THIS

Lots of good advice in this thread. Some of the best advice mentioned here and elsewhere is, you're buying the seller and the car. They're one and the same. Also, buy the best, newest car you can afford. Reading through your thread I kept thinking this car is a train wreck and this guys going to be really sorry, no matter the price. You have no idea how expensive that cheap Porsche was going to get.

Take your time, save some money. Luxury cars are likely going to, cough! get a lot less expensive soon. I'm already reading about distressed sellers in real estate. DON'T HURRY. I spent almost two years looking for my Porsche. Almost pulled the trigger a couple of times, didn't. I now own a most kick *** GTS that I never could have imagined owning when I started looking.

Your car is out there, you'll find it. Think of it as finding the right girl, marriage material. That salvage car was going to be a cheap fling, with a bonus STD.

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Old May 6, 2020 | 11:21 PM
  #39  
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Originally Posted by ccbb
Yes, let's shut this thread down. My takeaway is market for a comparably specified, 50K mile 4s Cabrio is 38-42K in the area. This was priced at 20K so ~50% discount. Despite the discount, I'm not willing to proceed based on the condition of the vehicle.
You may have birthed the thread, but like a child it will live it's own life. Entertaining read though.
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Old May 7, 2020 | 02:44 PM
  #40  
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Walk away. Forget the car.
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