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Used 997 resale values

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Old 05-24-2016, 11:12 PM
  #16  
Backmarker
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I paid way too much for my 997.1, but I wanted an extremely well optioned car.

If you can afford it I wouldn't sweat the "market", it's more about finding the car you want and feeling comfortable that the price works for you.
Old 05-24-2016, 11:26 PM
  #17  
vbb
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I paid more than kbb for my car when I bought it too. I searched for all 911s basically east of the Mississippi in the color and with the options I wanted. When I found the exact car I was looking for, I bought it. Yes, buyer's remorse kicked in later, when I realized I probably overpaid by $2k-$4k, but I was treated well on my trade so I think it all worked out in the end.
Old 05-24-2016, 11:45 PM
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KBB is just one factor in determining a cars value. To get the real value you have to look at what other cars are priced at within a specific geographic area. Then you need to get a PPI. After that you will know if its priced correctly.
Old 05-25-2016, 01:51 AM
  #19  
ace37
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KBB has been low for the 997 for a while. Cargurus.com gives you an estimate based on asking prices, miles, and a few key options, and it seems to be a more accurate approximation of value than KBB. It is still flawed though.

If you spend a ton of time, you'll know the market. If you don't, you'll save a ton of time, and that might be worth leaving a bit of money on the table to you. Good luck on the search!
Old 05-25-2016, 02:28 AM
  #20  
AltVelo
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Originally Posted by david
997 production is higher than what?

997.2 production level is extremely low...

https://en.wikipedia.org/wiki/Porsch...American_sales
Yes, I am references the same source and the table makes it obvious, 997.1.

I'm wondering though if the reduced production numbers in the following years was also due to decrease demand?
Old 05-25-2016, 03:06 AM
  #21  
mreese
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Hi,

I am about to sell my 08' Targa 4S. Black on Black, full leather, turbo wheels, sport chrono, 43k miles.
Kenwood touch screen with blue tooth, nav, xm, pandora, and back up camera. Fabspeed bypass exhaust with black chrome tips. All stock radio and exhaust are in storage as well. Let me know if you are interested. $49,500
Old 05-25-2016, 09:06 AM
  #22  
rjshar
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FWIW KBB values on my 997.2 have swung up 8k then back down 8k in 6 months, the market has been much more stable than that. I'm not thinking about selling, but I'm a big nerd and love to track values of things.
Old 05-25-2016, 09:42 AM
  #23  
frankyluis23
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My 2007 Carrera S (Tiptronic, Meteor Grey, Bose High End/Nav, Sport Seats, Premium Wheels) is listed on KBB for $35K and I purchased the vehicle from a dealership for $37K.

I think dealerships try to stay closer to KBB in order to compete with other dealerships but they up charge a bit to cover business cost. I also dropped $2,700 into addressing maintenance items.
Old 05-25-2016, 01:39 PM
  #24  
david
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Originally Posted by AltVelo
Yes, I am references the same source and the table makes it obvious, 997.1.

I'm wondering though if the reduced production numbers in the following years was also due to decrease demand?
Yes, decreased demand due to the global financial / economic crisis.
Old 05-25-2016, 05:46 PM
  #25  
phaphaphooey
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I cannot speak to the .1 but when I was shopping for a .2 a few months ago I found the KBB to be incredibly inaccurate, approximately 10-15k under actual values in some cases.
Old 05-25-2016, 11:08 PM
  #26  
Redhot2474
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Default 09 c4s

Just bought my 09' 997.2 c4s about 5 months ago with 8kmiles - sticker of 123k for 61,9 - I thought this was a great deal - Land Rover dealer took in on trade


Old 05-25-2016, 11:30 PM
  #27  
rjshar
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Originally Posted by Redhot2474
Just bought my 09' 997.2 c4s about 5 months ago with 8kmiles - sticker of 123k for 61,9 - I thought this was a great deal - Land Rover dealer took in on trade


Sounds like a fantastic deal to me! I love the blue top with white body. Enjoy in good health!
Old 05-26-2016, 05:56 AM
  #28  
TommyV44
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I love that blue top too!!

Tom
Old 05-26-2016, 08:32 AM
  #29  
leon yagudayev
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Hi. I bought 2010 c2s 35k miles cpo fully loaded black on black for 57k. Also seemed like a good deal. I looked at many cars private sale, dealer etc. Online reference for pricing for almost always off by 5-7k
Old 05-26-2016, 09:37 AM
  #30  
CasperS
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I just picked up a '06 C4S Coupe, well optioned, Bose, nav, chrono, sports seats, leather everything, with 67k and a second set or winter wheels and tires for $40k. About $2k over KBB. I don't think I got a screaming deal, but I think I got a very fair deal for such a clean car.


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