mreloc

If you could find one. The supply of these is shrinking from what I can tell.

gotgolf52

Interesting talk around here, just to put things in perspective 991 CS with 40k miles asking for $57k. 997.2GTS asking in the $60 to low $70k. 997.1TT with 40k miles asking $60 to $70k. 997.2TT with 40k miles asking in the $70 to $80k ish. KBB retail around $61k and possible CPO at that price range. GLWS.

dawgcatching

If the OP can get $65k for his car, he better well damn take it! Then buy another with only 10k miles and fully loaded for that price!


Private party for this car is $51,500.

People can ask any price they want. The 997 GTS manual that Porsche North Houston had listed (condition 9/10, mileage 27k, well equipped, CPO 2012) just sold for $69k. Someone is really going to pay $4k less for a private party 4S with 10k more miles, a year older? There are the PT Barnum folks out there...but go to a dealer, find out what they will pay you for the car. Then plan on getting $4k more than that, private party. Or take it a great consignment shop and see what they say: the good ones are very honest about what they can net you.

Do a search on the marketplace here, see how many 997.2 models are listed for $60k and above. See how many have been marked sold. That should tell you something.

As another example, there is a very clean 997.1 C2S coupe, 46k miles, great history and great option spec for sale over there. It just was marked "sale pending" after having been listed for 5 weeks? KBB private party was $39,500. Asking price was $40,800 if I remember correctly. We are saying that a 997.2 C4S with 10k fewer miles is worth $25,000 more?

sandwedge

What year was that 997.1? Even if it was the latest .1 build it would still be 4 years older than the OP's car. And it has the IMS bearing which was improved in the later .1 cars but still isn't fail safe. The .2 DFI engine on the other hand seems just about bullet proof. If there was a documented failure of one on this forum I missed it. Lastly, the widebody on the OP's car adds around $7K alone.

Whether or not all this along with 10K fewer miles on the clock adds up to $25K, I don't know but it may not be completely off the chart. Porsche USA's pre-owned car locator has only three 2012 997 C4S's listed for sale nationwide. Prices range from 69,990 to 77,888.

Para82

Dealer will offer him 47-49k - I wouldn't expect much more than 52k private party. A buyer would be silly to pay more but list it for what you like, maybe you'll get lucky.

jdgamble

Man I want some of whatever you 40s and low 50s are smoking. It's gotta be good. The car is a CPO for another two years. It's a 2012. There is a less optioned S on Carmax for $63k... less miles, but still. Based on that, he could probably sell it to them for around $60k. I've sold two cars to Carmax... a cheap one and a 1+ yr old S4 for ~40k and in both cases they listed it for 2-3k over what I sold it. Carmax goes through a lot of 911s and they sell them for the listing price. And I would value a PP CPO higher than Carmax assuming it is clean with a good history.

That said, OP, I'll give you $39k for it... not a penny more!

dawgcatching

Not a direct comparison, but there was a guy here selling his cream colored 997.2 C2S, PDK and loaded last summer. Car was pristine and loaded, 24k miles if I am not mistaken. Had it up here for $59,900 forever, offered me $57k to buy it (I declined, decided no PDK), ended up trading it to the dealer for $53k so he could get his new 991. That was a great deal. Everyone commented how clean his car looked. Yet, no buyers.

Not much inventory right now, but then it is winter. In my neck of the woods, the Porsche dealer only has 2 911's on the lot, 3 718's, about 60 SUV's. Give them 2 months, and the sportscar numbers increase by an order of magnitude. 75% of the country is not looking to buy a car like this right now, hence the low numbers for sale.

Saying a car is worth X is one thing, actually getting someone (even here on this board, where desirable cars often sit forever, even at great prices) is something else when you are talking private party. Selling PP eliminates 95% of all potential buyers, at a minimum, and those remaining 5% of buyers are very educated about price and options. Not to mention many Porsche owners are high net worth people, their time is valuable and not worth chasing owners around to save a few thousand.

Para82

Well I had a long conversation about this exact topic with my independent tech who also buys and sells Porsche/Ferrari's etc - 997 is a great car but once you start getting into the high 50's/low 60's you are in 997 Turbo / 991 CS / GTS territory, which are much stronger purchases. Very simple.

wjk_glynn

Just sharing some 997.2 C2S/C4S data from December...

I bought a 2010 C2S with 43K miles in January for 46% of MSRP (the asking price was 48% of MSRP).

While looking for a car, I compiled details on 75 different 997.2 C2S/C4S cars I'd seen for sale up to December 2016, with a focus on cars that were ≤ $55K (my personal gag-point on price).

The attached PDF has a summary of that data (with the key features I was interested in).

Of the 75 cars, 31 sellers provided CarFax data that was either clean, or if there was an issue there was documentation to say it was minor (e.g. photos of a fender-bender showing a bumper respray and not major damage).

I plotted asking prices against mileage as follows:



It gives a sense of the market as of December (as I saw it).

I didn't have interest/energy to break it out by year, but in reality over 50% were MY2009 cars.

The attached PDF has more details.

Just an FYI...

Karl.

SpeedyD

Interesting. The chart supports a price of around $65K for the OP's car, perhaps a bit more adjusting for the trend line including "minor issues" and the model year of his car + CPO...

I think selling that car below $60K, absent a strong financial need to (or not liking the car) doesn't make sense.

For those talking anything in the $40s for a .2 4S without issues, please post links so I can go get myself another one :-)

I see turbos in the $50k range, but only 996 turbos. 997 turbos in that range are going to have issues or very very high miles. If not, I'd also be interested in getting a clean, non-tip 997 turbo for $60K. Lowest price 997 turbo on Autotrader near me is $64K, is tiptronic, doesn't look great (that's personal opinion) and had an accident (reported as collision with another vehicle)...

StormRune

Of course, OP has already said he's decided not to sell... but anyway....

Here's a fairly close comp on CarGurus.com, PDK C4S with same miles... although different colors. They don't have as many comps for this model as they often do, but there are a handful. If you click on "View Analysis" under their pricing estimate you'll see their graph of comparable listings. It is similar in nature to Karl's chart a couple of posts back, but doesn't consider original MSRP, just price and miles.

https://www.cargurus.com/Cars/invent...ting=166843535

socalpcarfan

O how do I part with thee?
Thy beauty haunteth every spot..
Fondness of our memories abound
Can't live without thee, my lovely Black Swan

raidersfan

I have a background in the car business, hope this helps anyone reading this. Info on the chart (which was posted in a different thread, dealer retail, typical sale price is 2% under asking from the chart). 53% of original price at dealer retail according to the chart, sale price 51% or so, so actual sale price in the range of $60,500. Figure private party is anywhere between 5-8k under that, given that dealer wholesale would be 20% less than real world sale price, so $48k. Private party $52-55k as a result. He would pay up to $50k for the car (depending on if it needs tires, maintenance history), list it for $62,900, hope to sell it for $61,500, worst case $58k. OP would be doing VERY well to get $55k private party.

Para82

Yes exactly, we have another Rennlister who has his car on the market for a little while now 997.2 C4S PDK asking 54k, mint condition, 2nd owner CPO - has he sold that car? - it just had a major service too he spent over $3,000 and includes all records from the Porsche dealer. Very nice example.....

vern1

But but I thought 997.2 prices were going up??!??