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Looking at a 997S!

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Old Jan 22, 2011 | 09:41 PM
  #1  
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Default Looking at a 997S!

Got the itch.....We're looking at a 2005 997S with 12000 miles. Pretty well optioned. 6 speed. We know about the possible problems of the early 997s.
What do you guys think.....price? Any other thoughts?
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Old Jan 23, 2011 | 10:40 AM
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JoAnne,
Prices seem to be all over the map on these cars so just get as familiar as you can with several asking prices and of course the big sites.
Assuming you get a clean PPI, I would not worry about the early 997s. 12000 miles in 6 years is not very many per year, so you want to be sure it was well cared for.
Finally, assuming it doesn't just self destruct, there isn't much risk at current prices. If you buy well and don't like it for some reason, you can probably get out of it without much financial damage.
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Old Jan 23, 2011 | 11:06 AM
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Thanks.... We did a search of ALL the Porsche dealerships for 05 997S's and didn't find much under 50K. Some with higher mileage than the car we're looking at. They are asking 48000. We've been told that the owner (dealer, but not a Porsche dealer) is not easy to work with. He's got Bentleys and Aston Martins on the lot. If he balks at letting us do a PPI...we'll walk!
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Old Jan 23, 2011 | 11:23 AM
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That seems high - You could get me to part with my 07 997S (68k miles) for $45k or maybe less. Of course it is just their ask - so if you can get them into the low $40s you'll have a good deal IMO.

Check out craigslist (from google search "Porsche 997 site:craigslist.org" w/o the quotes to get nationwide results) and of course eBay just for reference. I think KBB and Edmunds would price that car lower than the ask. Classifieds here, Pelican, sixspeed and teamspeed might also be helpful.
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Old Jan 23, 2011 | 11:28 AM
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For example: http://losangeles.craigslist.org/sfv...174912609.html
A bit higher mileage but asking $10k less. At least print this and use it to negotiate!
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Old Jan 23, 2011 | 11:53 AM
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Thanks!
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Old Jan 23, 2011 | 12:57 PM
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Originally Posted by p-cardriver
if you can get them into the low $40s you'll have a good deal IMO.
With all due respect, you will not find an '05 997 with 12,000 miles worth putting in your garage for the low forties.

That car you are looking at, Joanne, will bring $50k-$52k all day long, assuming
it is in excellent condition and is optioned right.
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Old Jan 23, 2011 | 01:26 PM
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Too bad you wanted one now. I had to return my 06 C2S which was fully optioned; PCCB, Sport Chrono, Sport Exhaust, A.S.S., Aerokit, yellow seatbelts, all black, full leather, Bose, Nav AND Sirius PCM kit, and more.

It's outhere somewhere. Don't know which dealer took it in from Porsche Finance.

It was always garaged and maintained by Danbury Porsche, CT.

Sure would have been one sweet car

Deanski
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Old Jan 23, 2011 | 02:56 PM
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48k sounds fairly reasonable for a low mile '05. Condition, options, colors, and such will determine sale price.

Speaking of colors, you're looking for a Riviera Blue car, right? You know you want the Rivi JoAnne! (think I've seen you mention that before?)

I've thought about selling mine, kinda. I love the car, but hardy use it. Never tried to sell it, but had a couple offers to buy since I've owned it. Playing with the idea at this point.

GL in your car hunt. These are great cars, you're going to love it!




Phil
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Old Jan 23, 2011 | 03:16 PM
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Originally Posted by RJT
Got the itch.....We're looking at a 2005 997S with 12000 miles. Pretty well optioned. 6 speed. We know about the possible problems of the early 997s.
What do you guys think.....price? Any other thoughts?
No experience with the 997 S but my experience with a low miles 996 Turbo I think has some value. I bought the car in June of 09 with around (maybe under I can't remember now and paperwork at home) 10K miles.

The car was in pristine condition and had -- I researched this -- reasonable servicing.

The car came with a 2 year, 100K mile CPO warranty. I was a bit leery of the low miles so the warranty was valuable for peace of mind, though based on my experience with my 02 Boxster (now with 238K miles) I didn't expect any problems from the Turbo.

Well, I was wrong. Briefly, idler roller bearing noisy; radiator fan motor failure which took out a radiator; leaking transmission (6-speed) seal (new transmission); and now a bad clutch accumulator and suspect slave cylinder, that CPO warranty has been a God send.

My point is that with those low miles on that 997 if it doesn't come with a good warranty and if can't put some miles on the car before the warranty expires -- I have put around 44K miles on the Turbo since I bought it and the warranty runs until June of this year or 100K miles... I think the warranty will expire on time though -- you need to be prepared to deal with some possibly expensive issues.

Now I can't give you any odds. My research indicated the Turbo was a pretty good car and I think that is true but even good cars can experience/manifest issues that can be expensive to address. That tranny R&R could have cost my over $10K had I had to pay for it out of pocket.

So, if the car checks out ok but comes sans any warranty you can possibly use this to get the car for a better (lower) price to mitigate the risk the car represents.

Sincerely,

Macster.
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Old Jan 23, 2011 | 03:18 PM
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low/mid 40's... low miles kinda scare me on 05's.. id rather have 30k miles than 12k miles.. because the 30k was driven and any problems would have arose already... 12k is like "i sat for 4 years, never know what might be wrong"

my 05 had no problems, but i did find out the previous owner did spend like 3k on repairs before selling it to me.
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Old Jan 23, 2011 | 03:38 PM
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Congrats Jo,
You guys will love the 997. My 993 is gathering more dust these days since the 997 took up residency.

That doesn't sound too far off IMHO, I would think mid-forties a pretty good number. As a reference point... I bought my `06 C2S in September of `09 for $52k with 19k miles. It seems as thought prices in certain areas have rebounded somewhat over the last year or so.

GL with the hunt

Here's what I ended up with:
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Old Jan 23, 2011 | 03:56 PM
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OK Phil......where do we click on "buy it now"!!!!!

Thanks all you guys, appreciate the help.
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Old Jan 23, 2011 | 06:02 PM
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There's 2 in STL, a 06 S thats been there for awhile (Parktown) and a 05 S at Plazamotors, both higher than 12000 miles but priced low to mid 40's.

BTW I'm looking too !! LOL
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Old Jan 23, 2011 | 06:41 PM
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Originally Posted by At Law

That car you are looking at, Joanne, will bring $50k-$52k all day long, assuming
it is in excellent condition and is optioned right.
There is no way someone can get 50-52K for a 05 C2S....no matter what the conditions. I wish it was true but it is not.

CPO'ed 09 997.2 base models are going for low 60's.

The OP's car should be had for around 43-44K...nothing more.
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