Notices
997 Forum 2005-2012
Sponsored by:
Sponsored by:

Am I missing something here? Why is this car so cheap?

Thread Tools
 
Search this Thread
 
Old 03-23-2015, 04:02 PM
  #16  
997_Toronto
Three Wheelin'
 
997_Toronto's Avatar
 
Join Date: Aug 2013
Location: Toronto
Posts: 1,401
Received 3 Likes on 2 Posts
Default

$43K Canadian is a fair prices for it.
Old 03-23-2015, 04:06 PM
  #17  
halo777
Rennlist Member
 
halo777's Avatar
 
Join Date: Sep 2012
Location: Toronto, Ontario CANADA
Posts: 1,796
Received 107 Likes on 64 Posts
Default

Originally Posted by 997_Toronto
$43K Canadian is a fair prices for it.
A fair price for what?
Old 03-23-2015, 04:16 PM
  #18  
Lugs H
Instructor
 
Lugs H's Avatar
 
Join Date: Dec 2009
Posts: 103
Likes: 0
Received 4 Likes on 3 Posts
Default

Notice on photo #23 the odd discoloration just to the right of the fan. Also car fax shows electrical issues 8/23/10 up for sale 8/24/10.
Old 03-23-2015, 04:17 PM
  #19  
halo777
Rennlist Member
 
halo777's Avatar
 
Join Date: Sep 2012
Location: Toronto, Ontario CANADA
Posts: 1,796
Received 107 Likes on 64 Posts
Default

Originally Posted by alexb76
You can't just use one example of an '05 car with a blown engine to draw conclusions to prices of the whole 997 range.
Agreed. I looked thoroughly at that car in person, and inspected the full documented history. At the asking price, it was a very good deal, mainly because of the colour and recent rebuilt engine. However, there was some minor body damage on the car that kept it from being a mint example. Still, a fine car that I would have purchased myself if I didnt come across my C4s.

Check out this one in Nova Scotia... A loaded Launch edition C2s, with lower mileage and ceramic brakes asking $31k USD ($39k CAD). Private sale, and doesnt say anything about accidents, or lack thereof

http://www.autotrader.ca/a/Porsche/9...O&orup=5_15_57

Like I said, there are all kinds of deals up here at the moment. My favorite is an 09 C4s that was just out of my price range, unfortunately. My advice is to get them now, because the deals arent going to last forever.
Old 03-23-2015, 06:20 PM
  #20  
robh75
Instructor
 
robh75's Avatar
 
Join Date: Mar 2014
Location: NJ Shore
Posts: 179
Likes: 0
Received 1 Like on 1 Post
Default

The mileage destroys resale value more than anything else besides major accidents. Most buyers don't want "high mileage" sportscars, and I think there is a myth that 50k on a 997.1 is "high mileage" perhaps due to IMS concerns or otherwise. But savvy and informed buyers can get some serious bargains because of this. On the flip side, if you buy low mileage with intention to sell in a few years, I'd say try to sell before it hits 30K or so to maximize value. From my experience 40K miles is where prices start to really drop, then tend to level off for a little while after that.
Old 03-23-2015, 09:58 PM
  #21  
sambb
Instructor
 
sambb's Avatar
 
Join Date: Apr 2013
Location: 997.2 GTS
Posts: 194
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by SpeedyD
Average GTS 997 price I'm seeing is about $82k.

Prices haven't really budged at all over the last 6 months, and in some cases have gone up a bit in cars I'm tracking. Mileage will be main determinant of value for the next few years.
I just bought a 911 GTS. negotiated price is in the low 70s and reaches into the 60s. Different from advertised price.

I looked at 08 base carreras also. Found high 40s. at negotiation

Lots of prices down

agree mileage is a KEY factor
Old 03-23-2015, 10:02 PM
  #22  
Collin Chapin
Instructor
Thread Starter
 
Collin Chapin's Avatar
 
Join Date: Apr 2014
Location: Connecticut
Posts: 203
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by sambb
I just bought a 911 GTS. negotiated price is in the low 70s and reaches into the 60s. Different from advertised price.

I looked at 08 base carreras also. Found high 40s. at negotiation

Lots of prices down

agree mileage is a KEY factor
I'm tempted to look at the 06-08 997 but as silly as it may be I feel haunted by the potential IMS issues. I have wanted a 911 my entire life and at 27 I did not expect to be in this position.

I feel that all my luck has been used up getting here so much earlier than expected and i'm nervous about even risking anything.

09 CPO seems to be the least expensive, safest purchase I can make.
Old 03-23-2015, 10:30 PM
  #23  
robh75
Instructor
 
robh75's Avatar
 
Join Date: Mar 2014
Location: NJ Shore
Posts: 179
Likes: 0
Received 1 Like on 1 Post
Default

Originally Posted by Collin Chapin
09 CPO seems to be the least expensive, safest purchase I can make.
Sounds like the smart move if you can swing it.
Old 03-24-2015, 12:27 AM
  #24  
malexgcab
Rennlist Member
 
malexgcab's Avatar
 
Join Date: Apr 2012
Posts: 709
Likes: 0
Received 1 Like on 1 Post
Default

CPO is a no brainer especiallly when you can negotiate a "fair price". Good luck with search.
Old 03-25-2015, 03:27 PM
  #25  
Thedips
Racer
 
Thedips's Avatar
 
Join Date: Feb 2012
Posts: 306
Likes: 0
Received 3 Likes on 3 Posts
Default

Price seems right and at 50k and probably no records there will be a lot of maintenance due adding a. Few more $$$
Old 03-25-2015, 03:42 PM
  #26  
gopirates
Racer
 
gopirates's Avatar
 
Join Date: Jan 2015
Location: Raleigh, NC
Posts: 330
Received 11 Likes on 9 Posts
Default

Originally Posted by malexgcab
CPO is a no brainer especiallly when you can negotiate a "fair price". Good luck with search.
I ended up going this route. In Feb, I got an '09 C2 Cab Base with 20K miles on it with a CPO for $55K (with the CPO). It was in fantastic shape and virtually no over revs and my indy gave it a big thumbs up on the rev report.

I originally was looking at 997.1s but with the IMS issues and rationalizing that a Base 997.2 is nearly equal to a 997.1S and some with PCM 3.0 the 997.2 would be the best bang for my buck.



Quick Reply: Am I missing something here? Why is this car so cheap?



All times are GMT -3. The time now is 05:13 AM.