2005 997S, 3200 Miles, 4 Sale
05-23-2008, 05:54 PM
#16
Racer
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i think the price is high... but maybe its a WA thing...
ms greta was on here selling an 04 C4S a lil while back for sixty something... was told her price was too high, and then i think she got her price...
so you never know... good luck on the car... and +1 on losing those wheels...
ms greta was on here selling an 04 C4S a lil while back for sixty something... was told her price was too high, and then i think she got her price...
so you never know... good luck on the car... and +1 on losing those wheels...
05-24-2008, 01:27 AM
#17
Rennlist Member
Nice looking car.
Not a fan of those wheels at all.
The car is definitely well equipped, but unfotunately options don't hold their value all that much. i think you're looking more at about $70k for that car.
Not a fan of those wheels at all.
The car is definitely well equipped, but unfotunately options don't hold their value all that much. i think you're looking more at about $70k for that car.
05-25-2008, 07:52 AM
#18
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Nice looking car, but man.... why didn't you drive it? Seems like a waste of a perfectly good car to me.
3200 miles in three years is, what, 80 miles a month? You've probably only put gas in it ten times! I've put nearly 20k miles on my '07 and I work from home and have no commute!
3200 miles in three years is, what, 80 miles a month? You've probably only put gas in it ten times! I've put nearly 20k miles on my '07 and I work from home and have no commute!
05-27-2008, 11:05 AM
#19
Rennlist Member
FS Posts
[QUOTE=yellowcar;5441132]Tough Crowd. The Wheels are HREs.
Yes these guys are a tough crowd but most of their input is helpful. When you post FS as I have FS 2007 C4S Aero you will get honest feedback. Some you may not like but I think most members are trying to be honest with their critique
Yes these guys are a tough crowd but most of their input is helpful. When you post FS as I have FS 2007 C4S Aero you will get honest feedback. Some you may not like but I think most members are trying to be honest with their critique
05-28-2008, 12:26 AM
#22
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yellowcar - You have a very distinctive car. For some, that is a reason not to want it. For others, it will be the reason they want it. I personally think that is an awful lot of car for the money you are asking.
05-28-2008, 03:11 AM
#23
The mileage provides a surpisingly small bump in value. It's one of the things that makes buying a used Porsche so appealing; there are many with ~10k miles, even when they are a few years old and options don't hold their value very well. Granted your miles are even lower than 10k -- but it just won't impact the value that much. Even compared to CPO'd 05s I saw 10 months ago at dealers, your price seems high. That said, I hope you find someone who is willing to pay what you are asking. Good luck!
05-28-2008, 03:41 AM
#24
Rennlist Member
i couldn't disagree with you more. especially with porsches, mileage is probably the most important trade in criterea, second only to the car/model type. if you read excellence megazine, the editors will say when they evaluate cars that average mileage per year for a 911 is 5-7000 miles. more than that adjusts value down, and less than that adjusts values up. if you buy a ferrari, make that number about 3000 miles per year. aside from actual model type, no other criteria impacts trade in value more acutely than mileage. some options have some impact (leather interior, nav) while others have little or no impact (wooden interior, tons of carbon fiber). having said that, i think that the new price of $70,000 represents an excellent price for this low mileage, extremely well equipt car. most prices that we see here are way too high-i don't think that this is the case here. this owner has barely broken this car in-whoever buys this car gets himself a whole bunch of car for $70,000.
To the original poster - I'd recommend sticking with the $75K asking price and trying to sell the car on consignment through a dealer. I find that most Rennlisters tend to undervalue Porsches, certainly when compared to those willing to pay dealership prices for "pre-owned" cars....
Good luck with the sale.
-Blake
05-28-2008, 02:32 PM
#25
i couldn't disagree with you more. especially with porsches, mileage is probably the most important trade in criterea, second only to the car/model type. if you read excellence megazine, the editors will say when they evaluate cars that average mileage per year for a 911 is 5-7000 miles. more than that adjusts value down, and less than that adjusts values up. if you buy a ferrari, make that number about 3000 miles per year. aside from actual model type, no other criteria impacts trade in value more acutely than mileage. some options have some impact (leather interior, nav) while others have little or no impact (wooden interior, tons of carbon fiber). having said that, i think that the new price of $70,000 represents an excellent price for this low mileage, extremely well equipt car. most prices that we see here are way too high-i don't think that this is the case here. this owner has barely broken this car in-whoever buys this car gets himself a whole bunch of car for $70,000.
I don't disagree with much of your post and, with respect, believe you have totally missed my point. The fact that the value adjusts when a vehicle is above the 5000-7000 per year is simply because the mileage is above average. Of course, an above average mileage means a below average price -- and vice-versa. My point is that annual depreciation is far greater drag on a value than a below average mileage is a plus on a car of this vintage. You may gain a couple of grand for your low mileage, but you'll lose significantly more EVERY YEAR in depreciation over the first three years. You will not get $10K extra or anything for a low miles car versus a high miles car, unless it is an older car / collectible. That said, the car's worth what someone is willing to pay for it. $70K is more competitive than $75K and there maybe someone who wants a car with these options, etc. and who is willing to pay that price. I would think a CPO'd vehicle would be more attractive and available for near that price.
05-28-2008, 02:48 PM
#26
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You may gain a couple of grand for your low mileage, but you'll lose significantly more EVERY YEAR in depreciation over the first three years.
05-28-2008, 10:31 PM
#27
Three Wheelin'
this is a tough situation-this car new couldn't be had for less than 80k-i would imagine that new, with pccbs and full leather, that this car new would have an msrp of about 103-105k. let's say that you could then buy this car now for a 10% discount-the car would then sell for about 94k. his car is 3 years old, but he has super low miles-assuming normal miles, his car is probably worth about 60% msrp (typical lease)-which would put him at around 63k-but that assumes that he has 36000 miles on his car-what i am saying is that with his level of equipment and his low miles, i don't think that his asking price is unrealistic, for someone looking for a car so equipt. si i guess that i would disagree with some of you telling the poster that his price is way off.
05-29-2008, 04:19 AM
#28
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Don't sell it on Rennlist. Too many smart guys. Sell it on eBay or Craigslist or Autotrader. You're more likely to find some young guy with money who'll think it's a bargain.
