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Canadian Blue Book value for 996TT?

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Old 09-15-2020, 04:57 PM
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SOS
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Default Canadian Blue Book value for 996TT?

Does anyone know what the blue book value would be on a fair condition 100k km 2001 996 Turbo? I went to the KBB.ca site but their turbos start at MY2007 and nothing before that. Any info would be appreciated. Thanks!
Old 09-15-2020, 05:07 PM
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Turbodan
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why would you want blue book value? it is not used for transferring at service ontario for that car. if looking for value of the car need to know condition, options, stick or tip, any repaint, etc. value is between 35 and 65 k. be careful lots of bad examples out there, and a few good ones. great cars btw
Old 09-16-2020, 03:55 PM
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Keden
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Originally Posted by Turbodan
why would you want blue book value? it is not used for transferring at service ontario for that car.
What is used at Service Ontario? Just curious if anyone knows
Old 09-16-2020, 04:03 PM
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Having bought one last fall (a 2003), Service Ontario has no prescribed wholesale value to base HST on, so your tax is based on what your bill of sale shows.

Not sure about wholesale value but I didnt see one for sale that was in decent shape for less than $40K. Some very high mileage or rough ones that I looked at were list at that price too. Not sure that they would have sold for.
Old 09-16-2020, 06:16 PM
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wizee
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If anyone can find a clean 996 Turbo without major issues or crash history for under $50k CAD, I'd be amazed. Their values have been rising steadily over the last 5 years. Most 996 Turbos I've seen have been in the $55-80k range in recent times depending on condition, mileage, coupe or cabrio, and manual or tiptronic. Manual coupes are worth more than tiptronic cabs.

Last edited by wizee; 09-16-2020 at 06:21 PM.
Old 09-16-2020, 11:18 PM
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Turbodan
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Originally Posted by Keden
What is used at Service Ontario? Just curious if anyone knows
Service Ontario requires an appraisal for any car over 14 years old. I can help if needed.
Old 09-16-2020, 11:19 PM
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There is a celebration of 996 turbos at Pfaff on Sunday Oct 4 2-4 pm with prizes. going to be over 20 6turbos there
Old 09-16-2020, 11:34 PM
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halo777
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Originally Posted by Turbodan
Service Ontario requires an appraisal for any car over 14 years old. I can help if needed.
Oh wow....when did this start? I am behind the times.
Old 09-17-2020, 08:03 AM
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Gregster
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It's not listed because it's "off book" Book value is only published for 10 years or so
Old 09-17-2020, 11:28 AM
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just checked and only one 996 turbo for sale on autotrader and similar.
Old 09-17-2020, 12:25 PM
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Service Ontario uses (or at least used to use) the Red Book. THey're the only people that do, so read into that what you will If they can't find the value and they don't believe the bill of sale, as Danny said, they'll ask for an appraisal. But if you have a realistic figure on your bill of sale (especially if from a dealer), they'll usually accept it. I've never once required an appraisal.
Old 09-17-2020, 01:28 PM
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triggz82
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For what it's worth service ontario just went off of my bill of sale in 2019 for my 996. I initially put $1000 and the lady behind the counter told me I should probably go higher so it doesn't look completely suspicious so I amended it to $2500. Maybe I just got lucky but I don't think you need an appraisal.
Old 09-17-2020, 06:04 PM
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some of the offices will accept bill of sale but the ministry says if over 14 years needs appraisal. I think the rural offices do this more often.
Old 09-18-2020, 08:13 PM
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Interesting.... only time I actually needed an appraisal was when I bought a 996 C4s with a blown engine, and they wanted to charge me on the red book price. The appraisal saved me a significant amount in taxes.

Last edited by halo777; 09-18-2020 at 08:14 PM.
Old 09-19-2020, 09:31 AM
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back2porsche
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Got my 996 t through the service ontario tax gauntlet last feb. no value was listed in the buyer - seller package. Paid tax on bill of sale🤑


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