How accurate is Edmunds and 996s?

'I' think they are under priced. I'm looking at a 1 owner sweet blue/grey 2000 C2. Edmunds has it at 35 but selling at 42. Is this right? Just curious.

42 sounds high. My dad got an 02 1 owner from a dealer (so it should be more expensive than from private party) with a 3 year extended warranty (and it still had 2 months of factory) with the 18" light wheels technics package and some little things (heated seats stuff like that) for $43k. $35k might be a little low, but I think $42 is high for that car.

The thing to understand about those sites is that they are basically giving you a number that is a starting point. Can be higher or lower depending on your market....which really is the driving force behind it. That is why you can save ALOT of money by buying in a place that is not local to you but then you have added expense and risk involved.

you also have to make sure you have added all of the options that the car the car you are looking into has.

I think that's right. Edmunds may have a price lower by about 5-7K. But KBB is much better in its estimates. I just bought a 2000 996 C2, with 48K miles for $38,000 (Aero kit, extended warranty, DVD navigation, and 6 CD changer). I looked hard for 6 months to try and get something for the Edmunds price, but it just isn't possible. I finally bought the car from a private party; dealers can be 3-5K more expensive. Also, I bought it local, only after I was totally convinced that it was a good car. I spent one whole day driving the car (including the PPI) and checking out every little doubt that I had. I didn't want to take the EBay risk ...

I've found that some of the more accurate prices, at least on older cars so I'm not sure if this applies to a 2000, is NADA. KBB really doesn't know what it's talking about when it comes to cars more than 15 years old mostly because it relies on equations to adjust price for mileage and condition and not on the market (for instance, there are cars, old Benz sedans in particular, that in good user condition with normal miles are only worth a few thousand, so KBB increases the price by like 2k if you say its in the best condition and only has 10000 miles on it, when in reality the market would value those cars by about 30k over the price of the good used condition ones).

I also used kbb for my transaction & it was pretty accurate. I bargained w/ the seller & I ended up paying the private party value. I think a lot of sellers also up their price because they expect you to haggle. Thinking back, ya edmunds price was waay low when I was looking for my car... it made me second guess because I thought I might be getting ripped off...

I guess I got a pretty good deal...I paid a dealer $52K for a 2003 Targa with several options and 28K miles. Edmunds says it should retail for $60,987. Maybe this will justify the stereo upgrade.

I asked my insurance agent for the replacement value of my 1999 C2 with 55000 miles back when I bought it 14 months ago & they said it was only $28,000....... I said that sounded awful low, but they would not budge....says it comes from a "compilation" of several sources. Good thing I only paid $26,500 for it I guess.

I just paid 27,500 for the '99 C2 cab in my Avatar. The KBB and NADA values guides show it higher. The asking prices on eBay and advertised elsewhere online are also higher. But the market sets the true price . I don't think actual cars are selling anywhere near what people are asking, except for special cars in private sales.

I would try to get a better estimate from a Porsche specific source. Try to pick up Sept Excellence magazine where they published the 996 market data.

+1, as usual Texas seems to have the cheapest prices, but look out for flood-cars. As was discussed earlier, Edmunds has the 1998 C4S in excellent, listed at about 35k. These cars are actually going for upwards of $75k on the market. Which shows you how much the market price can differ from book value. It may take Edmunds, KBB, et al a long time to actually catch up to the market price, although, eventually they should. Edmunds price: http://www.edmunds.com/used/1998/por...tion=vdpresult Market price: http://www.autotrader.com/fyc/vdp.js...=&cardist=1033

i paid almost exactly KBB private party value for my 996 & am happy with the price.

I'm selling my 03 coupe for $46900 with 28000 miles. [email removed]

Hey David, you need to be a member of this site to list items (most notably a car) for sale. Pony up the $18 and list it here and in the classfied and for sale section. You've been registered with this site for 5 years, I would assume you already knew that.

Did not.$18 is not going to change my life.

Edmunds is, in some cases, behind actual market prices. For example, 06 Cayman S are discounted at some dealers 6-8K off sticker but Edmunds (at least 2 weeks ago) had the TMV at sticker. I think Edmunds really works well for high volume every man's utility cars and trucks but is, over the short term, less helpful in the niche sports car market. However, it is still one piece of evidence you can use. I use all available information including talking to wholesalers, black book, completed sales on ebay, kbb, edmunds etc. If you have a relationship with a used car manager at a dealer that does not own any Porsche franchises just ask him what is a reasonable retail for the car you want in your local market. You will be surprised how helpful they can be.

I would agree with most of that EXCEPT the completed sales on eBay. Many of the sales are actually "sold" and the ad is closed b/c of a price negotiation outside of eBay. I acutally bought one of my car's from another Rennlister but he had it on eBay and he couldn't take the ad down WITHOUT me being the current high bidder since there were already bids on it. I bid whatever it took to become the high bidder and then he closed the auction. The "sold" price you see is nowhere close to what the final deal came to.