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YOUR RESEARCHprice check on '04 cabrio w/22k miles
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Use cars) falls off a cliff at 10 years
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Prices on 996s (like most used cars) falls off a cliff at 10 years.
Leading evidence: 'Use cars) falls off a cliff at 10 years' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Clean 996 turbo cab or 997 cab' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.
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Suggestion
For $39K, I'd be expecting a clean 996 turbo cab or 997 cab.
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Suggestion
clean mid-mileage 2002-2004 996 cab for $27K-$32K, less if you find a great deal.
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Suggestion
Sure, somebody might score a super clean, no issue 996 cab for under $20K, but only if they get extremely lucky.
Clean perfectly maintained 50k-60k mile car than a car
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Suggestion
I'd rather have an extremely clean, perfectly maintained 50K-60K mile car than a car that sat.
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Ladies and gentlemen - new member, first time poster - have to say I love the site!
Quick question for the group - about to take the leap on my first Porsche and have come across a 2004 Carrera Cabrio with about 22k miles on it. Car looks about as clean as you could expect on a 9 year old car, but the dealership wants $39k for it - is this reasonable? Outside of heated seats, I didn't see many other options really, but the asking price seemed high to me (original sticker was $91k for whatever that's worth). Of course I'm planning on a PPI - but the low miles scares me as it sounds like the car sat a lot, so I imagine that the bearings and seals (I hear a lot about issues with the RMS on the 996s too) may have some issues from non-use. ANy thoughts on this? I appreciate everyone's insight in advance - thanks!
That price seems about 7k too high, with few options. And as you pointed out, to me, that's not a desirable car...I want a car that has been driven more than 200 miles a month, and am certainly not willing to pay a premium for a car that has been driven that little. It'd be one thing if you were buying a year old car that had 2400 miles on it, but not a 9 year old car with that few of miles.
The price seems high, but all dealer initial asking prices are high. I'll bet that you can get it down to the $35k range and that is probably about right for a 2004. But if it were me I'd look for a car with more options if I were going to spend that much for a 996 cabriolet. Or I would find a 2002-03 for less money.
Good luck!
Thanks a million guys - I appreciate your insight - very excited about finally pulling the trigger on one of these babys! Wish me luck - trying to beat the dearlership up on price now (may wind up being an epic fail though) - lol
Decide what your willing to pay and negotiate like heck. If it doesn't go your way it wasn't meant to be. Other opportunities will come along. Good luck.
JD - thanks for the words of wisdom/encouragement - I figure I've gone this long without one, a few more weeks to find the right one won't kill me (barely - lol). Thanks again!
If this one does not work out don't be afraid to cast a wider net. There are a lot more cars in the west and east than Midwest. And try sites like cargurus.com or SearchTempest to cover a wide area quickly.
Finally, get to know options - and what you want - so that you can quickly sort through listings. Most owners, and dealers, fail to list options accurately, or mis state them in ads. Biggest fail is leather - there is a huge difference between leather seats and a full leather interior.
I knew what I wanted; full leather, PSM, Bose, and Litronics in a red 996 coupe. Took me a few months, but I finally found exactly the car in Boston. PCA contacts evaluated the car and suggested a shop for the PPI. After that I made the deal and had the car shipped south. If it wasn't winter I would have done a road trip.
Good luck, again.
I just recently bought a 2002 Carrera Cab with 56,000 miles (about perfect miles-wise for that age) and all the options (full natural leather, heated seats, PSM, memory seats, bi-xenons, one extra set of Carrera 2 wheels, etc.) I wanted. Cost was $26.5k from a private seller (PCA member). In my opinion, a 2004 with similar options from a dealer should be no more than mid-30s if it has absolutely everything you want, perfect color, etc. A good price would be $33-ish. It makes sense to look at 02s and 03s as they're identical to 04s and, really, the mileage sweet spot of 5-6k per year is more important. The market will over-price exceptionally low-mileage cars, and vice-versa (to your benefit).
Anything under 3,000 miles per year makes me nervous. Especially considering that, when it was brand new, it was probably driven more (who doesn't want to drive their new 911?) and, as it aged, driven less. Could have been sitting a LOT recently. Patience is key; there are a LOT of 996s out there.
Definitely on the expensive side... and only 22K miles isn't a big plus in my book. I'd rather have an extremely clean, perfectly maintained 50K-60K mile car than a car that sat. IMS issues seem to be a bigger risk in some of these garage queens as well.
With just a bit of patience, you should be able to find an
extremely
clean mid-mileage 2002-2004 996 cab for $27K-$32K, less if you find a great deal. For $39K, I'd be expecting a clean 996 turbo cab or 997 cab.
39k is ridiculous. Do not walk away from this deal ... RUN! Prices on 996s (like most used cars) falls off a cliff at 10 years. Excellent condition 996 cabrios can be had for under 20k these days.
IMHO that is not a realistic price goal....
Sure, somebody might score a super clean, no issue 996 cab for under $20K, but only if they get extremely lucky. That is
well
under "good-deal" value, especially for a 2002+.
Show me a for sale ad with a decent 2002 or later 996 cabriolet for that price. And don't tell me some story about some guy who bought a '99, blah, blah, blah. The OP was talking about a final year of production, low miles car. Don't compare apples and oranges.
And where do you see 996 values 'falling off a cliff" at 10 years? Where do people come up with this stuff?
Just bought an '04 Cab. w/ 64K miles for $26.5K. One owner and all maintenance done at dealership per mfg. recommendations. Had to put on a new set of tires - $1,700. New clutch and IMS bearing, since they were in there. Another $2,000. So, @$30K for a really clean, well maintained machine. Loving it.
Crap, I've been looking at a 2001 Cabriolet with 29k on it, in immaculate condition, with lots of goodies. Stealer wants $35,000k and won't let me take it off premises for a PPI! I was going to offer $28k, but that seems it might be too much? Can someone explain to an newbie like me why it would be better to purchase a 996 with more miles rather than less. I get the sitting around think, but is that so bad?
Great forum, thanks to all-learning a lot.
Machog
thanks for the input guys - looks like I may be getting closer to a $30k sales price with the dealer - trying to be patient and not get too emotionally attached (yet). I appreciate your help - wish me luck!
First, I'd say if he won't let you do a PPI, forget him. That's a sign of trouble, regardless of how immaculate the car appears to be. Second, $28k is too much for an '01. To answer your question about miles, it is mostly the sitting around thing. Cars that aren't driven regularly tend to have seals that dry and shrink or become brittle, internals that rust, fuel that becomes gummy. Add in that, usually, the disuse has come later in the car's life, meaning that it wasn't really driven 2,000 miles each year. It was driven more when it was newer, and as it's become older has sat a LOT.
Your money so your choice, but this particular car, from what you've described, sounds sketchy. You should have no problem finding an '01, if that's what you want, that has 60k-ish miles for $25k or so. And from someone who is fine with you getting a PPI.
