Mark this thread as Unsold
2002 Porsche 996 Turbo X50 Package - 4,500 Miles
10-09-2014, 04:45 PM
#1
2002 Porsche 996 Turbo X50 Package - 4,500 Miles
Year: 2002
Make: Porsche
Model: 911
Mileage (numbers only please): 4534
Color: Carrara White
VIN: WP0AB29922S687114
Price (no $ sign please): $75995
Private or Dealer Listing: Dealer Listing
Location (Region): NorthEast
Body Style: Coupe
Transmission Type: Manual - 6 speed
2 or 4 Wheel Drive?: 4 Wheel Drive
Engine Type: Fuel Injection
Stereo System: AM Radio
11-27-2014, 11:06 AM
#4
WOW!!
Trending Topics
12-01-2014, 05:12 PM
#10
Track Day
Join Date: Sep 2014
Posts: 15
Likes: 0
Received 0 Likes
on
0 Posts
I looked at this car a few months ago. It was gorgeous and I offered $59 and they wouldn't even hear it. The car has been for sale for a very long time (def over 6 months) and when I looked at it, it was sitting outside on the roof of the building (dealer is in NYC).
12-02-2014, 09:20 AM
#12
Nordschleife Master
I believe this one has been for sale longer. This one has been for sale for over 3 years and they haven't budged one cent.
http://www.autotrader.com/cars-for-s...13334230&Log=0
http://www.autotrader.com/cars-for-s...13334230&Log=0
12-02-2014, 04:11 PM
#13
996TT Market Value
Cars like this one are very cool to see on the market and certainly have uplifted value compared to a more "typical" mileage car. What that value is remains a bit of a mystery.
Low mile 996TTs are not uncommon. Sub 10K mile cars can be found every day and there are a couple cars out there that have less than a 1000 miles so collectibilty of a 996TT as a Porsche "commodity" buy seems well off into the future.
Add to the mix of thoughts is weather a low mile car a potential maintenance issue?
I'm shopping hard for a nice, stock, X50 car and I have been for most of 2014. I'd like to find one that is not Black or a Silver variant, has adaptive seats, is a tiptronic and has less than 40K miles. That narrows the field quite a bit and has forced me to dig into the US market from coast to coast. To date I have found several very good candidates and each are listed at price points near or above $60K. All of these cars have been for sale for at least a year and two for over 2 years. One of the cars is local and it has moved through two consignment companies and will very likely never find new ownership at it's price point.
Excellence Buyers Guide for 2014/2015 lists the top $$ for '04 or earlier cars at $55 and '05 Turbo S cars at $65. Compared to the same review in 2012/2013 the values are flat with low end values dropping.
Kelly Blue Book values a low mile 996TT like the one offered here at $37K.
NADA lists it's value at $41K.
I've tracked 26 cars this year and very few of them sell for advertised prices. Actual sales logged are 11% to 29% below asking prices and only one has sold for over $50K ($51,250.00).
An '02 X50 car with extremely low miles would be a good buy at $45 and might sell at $50.
2007 997TT prices for nice cars are $65-70, so anything close seems to say "buy a 997TT".
Low mile 996TTs are not uncommon. Sub 10K mile cars can be found every day and there are a couple cars out there that have less than a 1000 miles so collectibilty of a 996TT as a Porsche "commodity" buy seems well off into the future.
Add to the mix of thoughts is weather a low mile car a potential maintenance issue?
I'm shopping hard for a nice, stock, X50 car and I have been for most of 2014. I'd like to find one that is not Black or a Silver variant, has adaptive seats, is a tiptronic and has less than 40K miles. That narrows the field quite a bit and has forced me to dig into the US market from coast to coast. To date I have found several very good candidates and each are listed at price points near or above $60K. All of these cars have been for sale for at least a year and two for over 2 years. One of the cars is local and it has moved through two consignment companies and will very likely never find new ownership at it's price point.
Excellence Buyers Guide for 2014/2015 lists the top $$ for '04 or earlier cars at $55 and '05 Turbo S cars at $65. Compared to the same review in 2012/2013 the values are flat with low end values dropping.
Kelly Blue Book values a low mile 996TT like the one offered here at $37K.
NADA lists it's value at $41K.
I've tracked 26 cars this year and very few of them sell for advertised prices. Actual sales logged are 11% to 29% below asking prices and only one has sold for over $50K ($51,250.00).
An '02 X50 car with extremely low miles would be a good buy at $45 and might sell at $50.
2007 997TT prices for nice cars are $65-70, so anything close seems to say "buy a 997TT".
12-03-2014, 04:03 AM
#15
Jalopnik's Doug DeMuro on the 996 Turbo:
Here’s Why The 996 Turbo Is The Best Porsche 911 You Can Buy
Here’s Why The 996 Turbo Is The Best Porsche 911 You Can Buy