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911uk

Have I got the price right?

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YOUR RESEARCHHave I got the price right?

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POST 1 / ORIGINAL POSTEROriginal post

Still trying to shift my 911 and just wondering if you all thought I had the price about right? Just about to lower it to £19,850 as no interest yet. It's killing me having it sit there and not being able to drive :sad: http://www.911uk.com/ads_item.php?id=1735

POST 2Original post

OK, so no-one else wants to comment, so I will... Lovely car and I think in a lovely colour scheme... However, it isn't black with black, or silver with black/blue trim, which will put off a lot of the more 'conservative' customers (who, unfortunately, make up the vast majority of Porsche owners apparently!) It is also the relatively unloved pre-facelift model (3.4 engine, no glovebox, less popular lights, etc). Finally, it's a Tiptronic cabriolet... Now I am a Tip-convert since buying the Turbo, but I wouldn't even have considered a Tip when I bought my 996 3.4 coupe, so that will stop a lot of people considering it at all. Also, convertibles are not usually the choice of the sort of 'enthusiast' who values low mileage, good service history and provenance: The convertible buyer at this vintage tends to be looking for the newest, most expensive looking car they can get for their money... Do I think it should be worth £20,000? Hell yeah... Can I buy a better car for £20,000?... Errrr.... probably! (As in 'facelift' model, more popular colour scheme, PCM, manual, etc.) It will probably sell eventually, but I suspect it will either take a long, long time to find the one or two people that would say "that's just the car I was looking for", or you'll have to come down a fair way from that figure... Just IMHO, but good luck whatever you decide... PS. My gut feeling would be to advertise it away from the traditional, National, prestige car adverts, where it will be too easy to find a newer car for less money... May even sell best in your local paper (where they may not have any other 911s for sale at all) or in a publication oriented towards the style-conscious audience, rather than car enthusiasts...?

POST 3Original post

I remember when i sold my M3 and bought my present car. People want a tip top car with everything but are only prepared to pay the lowest possible price. TBH it looks like a nice car but this is all reflected in the price your asking for. I had my M3 up for sale for ages(3/10) and had lots of e-mail offers. Only 1 viewing who ended up buying it.I ended up dropping the price. When i bought my car last year i looked at a few at 14/15k but they were neglected/tatty. In the end i paid a bit more. Unfortunately the price of 996's are tumbling all the time and facelift models are dropping to this figure and below! :sad: Good luck

POST 5Original post

In my experience of buying and selling privately, people tend to look at the lower priced cars first. They may not be in as good condition as yours but they will get the calls first, and then maybe strike a deal on viewing. So a quick look on the trader shows 3 or 4 cars with similar age/mileage between 18~18.5, most with hard top which you haven't mentioned? Some people will want the Tip and others the manual so I wouldn't lower the price on that, finding a good car in either guise is hard. Just my opinion of course.

POST 6 / ORIGINAL POSTEROriginal post

All good thoughts, which mirror my experience of looking for one 3 years ago. I looked at a lot of cheap 'dogs' that needed a lot of work doing to them. Even this when I found it still needed a bit spent on it. BTW I guess I should have put in the ad that it has the hardtop, but thought it would be obvious! The problem a lot of buyers have is that, not knowing anything about the car, they will go for the cheapest, without knowing how much it is going to cost later on, or as one email I received showed, won't touch it if it hasn't got a full PSH history. Mine has been to a very well respected indy, but those ignorant of the poor service and appalling costs of OPC's might discount it.

POST 7Original post

Even at 19850 I would say you are still at least 1K too high. You are pitching it at or very close to trade prices and joe punter will always go with a dealer for the (limited) protection that brings - private sales have to be attractive to be worth it. Ultimately it depends if you really want to shift it quickly or not. Price it wrong and you'll be sitting on it for ever and end up droppng the price over and over again - which people will notice as I'm sure you did when you were buying - then you're into 'what's wrong with it' territory. I would list all of the routine maintenance that's been done on the car and when together with any ancillary work that's been done - suspension, clutch etc etc. Just my tuppence worth.

POST 8 / ORIGINAL POSTEROriginal post

I'm starting to feel that way too. Maybe £19k would be nearer the mark. But I'm not going to give it away just for the sake of selling it.

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