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Valuation of 2009 Carerra?

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Old 09-12-2014, 10:36 PM
  #16  
ropo
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I would not disagree w you about Manheim being 'the bible'!
Old 09-12-2014, 11:20 PM
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sandwedge
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Originally Posted by 3Series
That seems high to me. I don't have any data to back it up, but what I see for asking prices from dealers, $49,400 seems too high. I would expect low 40's to even high 30's.

If I'm wrong though, that's great for the C2's.
Low 40's to high 30's for a pristine base -09 C2 with 25K miles? You say you don't have data to back it up but then you refer to asking prices from dealers. Can you share some of those listings? I'd be tempted to buy one for a flip the next day.

I never understood why these price check threads keep popping up almost daily. The opinions given are all over the galaxy so how does anyone draw a constructive conclusion? Spend a month or two searching for the car you want on Auto Trader, Porsche.com/usa, Cars.com, ebay and you'll have a pretty good idea of what you should expect to pay.
Old 09-12-2014, 11:30 PM
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theporscheguy
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^^^Agree. There is a '09 on Ebay right now with the bidding in the 30's however the rest start in the 40's and go up from there.
Old 09-13-2014, 12:16 AM
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sandwedge
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Originally Posted by theporscheguy
^^^Agree. There is a '09 on Ebay right now with the bidding in the 30's however the rest start in the 40's and go up from there.
Cheapest one on Porsche.com is $46K with 60K miles. Next cheapest is $50K with 63K miles.
Old 09-13-2014, 12:34 AM
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tejstar01
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I still wouldn't pay a dime over 45k, but I bet if this car is for sale at a dealer they are asking a ridiculous price still. At the end of the day it still has an accident history even if minor, you will have to look at it when you go to sell it yourself or even worse have to trade it in later with higher mileage the bath you will take! I bet the dealer paid 40-42k tops for this car and beat the owner up for the accident history telling them the exact same thing that it will be hard to sell yada yada!
Old 09-15-2014, 08:29 AM
  #21  
MJBird993
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Originally Posted by sandwedge
Spend a month or two searching for the car you want on Auto Trader, Porsche.com/usa, Cars.com, ebay and you'll have a pretty good idea of what you should expect to pay.
+1 We can all bash dealers here, but most of them price their cars according to the market. If the market says "$45K" then they'll price it at 45K. That's the best way to figure out what a car is "worth" retail. Asking a bunch of enthusiasts on a web forum is great for figuring out problems, DIY hints, etc. but not so good for pricing. We're all a bunch of tightwad fanatics.

Search for cars for sale, but ignore the private sellers (who all want too much because their car is "special") and focus on the Porsche dealers. They'll tend to have the nicer cars. Then once you figure out what fair market pricing is, then you can go shopping.

Or you can do like I did and just buy the first one you see.

If you want an actual answer from me, I'll say low fifties.
Old 09-15-2014, 11:58 AM
  #22  
StormRune
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Through observations on the forums and comments from a Porsche salesman friend, here is my observation: The early 997.2s, especially PDKs, are currently enjoying a big surge in popularity as they've hit an age (and thus a price point) where they are becoming the prime choice for used 911 buyers. For just several thousand more than a 997.1 you get more power, better electronics, state-of-the-art tranny, face-lift, a younger car, lower miles, etc.

Every 997.2 PDK is currently being snapped up as soon as it gets listed at my local dealer which isn't helping bargain hunters find much success at the moment. Classic supply and demand behavior is at work. I would say low 50s for a non-S is a fair price under current market conditions. Whoever thinks that such a pristine low miles car (the minor prior damage is not a big deal or the dealer wouldn't have CPOed it) can be found in the low 40s at this time is in for a long wait.
Old 09-15-2014, 12:04 PM
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ropo
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StormRune,
I tend to think you are absolutely correct, and this would be in line with the Mannheim auction report.

I would think there'd be a fairly decent spread in pricing from the 997.1 to 997.2 based on improvement and the PDK. (Why wouldn't there be?)
Old 09-16-2014, 04:32 PM
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3Series
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Originally Posted by sandwedge
Low 40's to high 30's for a pristine base -09 C2 with 25K miles? You say you don't have data to back it up but then you refer to asking prices from dealers. Can you share some of those listings? I'd be tempted to buy one for a flip the next day.

I never understood why these price check threads keep popping up almost daily. The opinions given are all over the galaxy so how does anyone draw a constructive conclusion? Spend a month or two searching for the car you want on Auto Trader, Porsche.com/usa, Cars.com, ebay and you'll have a pretty good idea of what you should expect to pay.
Low 40's to high 30's for a pristine base -09 C2 with 25K miles?

That's my guess for wholesale/auction pricing based on the asking prices I've seen dealers listed. I was commenting on how I thought $49,400 is a high Mannheim number. If dealers are asking 51-53k for base C2's, is the profit margin only $1-2k on a used car??
Old 09-16-2014, 05:03 PM
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ropo
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Low $40s to high $30s is not realistic as to the selling price! I would strongly disagree w that posters opinion. Perhaps a 2004 C2 might go in that range, certainly not a 2009 with pdk.
Old 09-16-2014, 06:58 PM
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wardrive
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Originally Posted by 3Series
Low 40's to high 30's for a pristine base -09 C2 with 25K miles?

That's my guess for wholesale/auction pricing based on the asking prices I've seen dealers listed.
Unless you can share some of these listings for that low price i think you're smoking something....that's too low for 09 w/pdk
Old 09-16-2014, 07:29 PM
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ElVerde07
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there is definitely a price bump in 2009 model year.

I'd say the estimates in the high 40ks would apply to a private party car, while the mid to high 50s would apply to purchasing from a reputable dealer CPO or with warranty
Old 09-17-2014, 04:03 AM
  #28  
Austin997.2
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I got a 2009 Carmax 997.2 PDK with 29,000 miles on it, Carmax offers a great warranty and that is why I was partial to find one from them.

I paid 51,980. It was one of the better deals I could find coming from a reputable dealer. People saying you can get a sub 30k mile car for the high 30s or low 40s would probably have to snag it from a senile 80 year old widower.
Old 09-17-2014, 09:59 AM
  #29  
chsu74
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Relative value speaking: the 997.2 performance = 997.1S therefore, price out to market must reflect that plus a new model/engine change.
Old 09-17-2014, 11:15 AM
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3Series
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Originally Posted by Austin997.2
I got a 2009 Carmax 997.2 PDK with 29,000 miles on it, Carmax offers a great warranty and that is why I was partial to find one from them.

I paid 51,980. It was one of the better deals I could find coming from a reputable dealer. People saying you can get a sub 30k mile car for the high 30s or low 40s would probably have to snag it from a senile 80 year old widower.

I think everyone is missing the point of this thread. No car is being offered for retail for the low 40's! We are talking wholesale numbers/trade-in/auction numbers.

Mannheim (wholesale) - $49,400 - 2009 C2 25K, PDK
CarMax (retail) - $51,980 - 2009 C2 29k, PDK

That's a $2,500 spread that doesn't include shipping or reconditioning costs.

That supports my argument that the latest Mannheim number is high for wholesale. I would expect to see theses cars trade wholesale in the low 40's and possibly high 30's.


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