Millennium 996 values

One popped up near me. The guy is asking an insane price, but I think he knows it. Original Owner with just 8,000 miles and new tires. So what is one of these worth? KBB says $35K retail, $31K private Party perfect condition. Both values seem high to me as you can get a lower mileaged 4S or 40th for that kind of coin. Interested in your feedback so I have ammo to bargain. Thanks. Here is the ad: http://lasvegas.craigslist.org/cto/3113001938.html When choosing on the poll rember that this car is one mile from my house so I don't have to pay to ship it or travel to look at it.

For a 2000 with 8k miles $22-23k tops.. Doesn't matter if it's a special edition.. For $40k your in 996 turbo territory... Owner will be sitting on that car for a while...

Hard to say without PPI because at only 8000 miles there could be issues due to not driving it much.

I am not normally concerned about cars having too few miles but I do think that's just too low. It's sat too much. I thus almost think the miles lower the price a little.

If you are not in any hurry, I think the next Excellence mag, due out shortly, will have a full report on the 996s' values. Not definative, but a decent amount of research to use as a good starting point. Also, do you have any info on the vehicle other than simply mileage? Was RMS replaced, IMS replaced, yada, yada, yada.......

Keep in mind it is just a highly optioned C4 with natural leather and a fabulous viola paint. It is "rare" as it is a numbered release with those options. Note sure, but i think it just has the NA 3.4L ? 8K miles is an issue for sure if you plan on it being a DD.... for 40+ i would go turbo and not look back. This ione is a garage queen.

Are all Milleniums C4's? I do not see anyway to tell in the ad that it is not a C2.

Depnds on what you want it for. As a garage queen that you think has long term collectibility, it might be worth a premium. If you want to spend 40k on a driver, get a TT and have a blast.

I sold mine last year for 23K, it had 135K miles but didn't show it at all. The interior pieces suck to find in the factory wood grain, I swapped all mine out with black.

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Good luck with getting a low mileage C4S in perfect condition for $31K. But, hey, if you can find it, I'd go with the C4S over the ME (but that's just me)...same with the "40K TT." -Eric

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What I meant was for his asking price of $40K + you could be in a low mileaged (under 30K miles) C4S or 40th. What was added is you could step into a turbo too.

Got it. Yeah, no way you can step into a low mileage TT in perfect condition at $40K. If anyone is selling such an animal please send me a PM at your convenience. I agree with respect to the C4S pricing. I'm not sure even the 40th commands that much of a premium but I honestly haven't watched the prices on that segment as closely. I agree with you, however, that $40K seems a bit high for a '00 ME. I could see around $30K maybe unless they command more of a premium than I am aware of. I'm kind of on the fence about the low mileage comments because I typically put a premium on it but I might lean in that direction on a '00, too. It's really not a lot of mileage and these cars truly don't like to sit. As one dealer said, "they get fat and lazy." The current owner clearly didn't drive it much and if they're also in Vegas then it's not because they stored it during the winters. I'd offer $25K and see what the seller says. If he tells you to pound sand but doesn't hang up on you then ask him what he realistically wants for it. If he hangs up then he's probably not going to budge much off of the $40K. It might take years but if he's patient he'll probably find someone to pay for it. The one thing I'll say about these cars is that some people lust after them so long they lose perspective of the market. Also, most buyers don't visit these boards and ask questions...which is bad for them and good for sellers. -Eric

Here are some TTs for 45-50K, and this is in Canada where pickings are slim. Nothing in the low 40's though. http://www.autotrader.ca/a/pv/Used/P...01%2c2003&st=1

Most of those cars have upwards of 60K miles on them and, as you pointed out, they're priced in the upper $40K range. That doesn't qualify as low mileage or "$40K". And, I still question the condition of any low mileage TT priced in $40s unless the buyer is just trying to dump their car. -Eric

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Here is one. It's in Vegas too and appears really nice. http://www.autotrader.com/cars-for-s...16959309&Log=0

There are some $40k 01 tt out there... Just got to look..Got one in sights with 32k miles and nicely optioned at $40k.. Can't disclose as its in the negotiation process...

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The mileage listed is in KM, so many in to 30K mile range. But your right, the history may be spotty.

Damn Canadians and your metric system.

I've no idea of the value other than feeling there is no additional value at all for being a '40th'....None at all.

I don't think (or expect) the "value" in a 40th AE to be in it being a 40th AE. I believe that the value is in the X51 engine option and the optional full leather interior, etc...

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I like the extra horse power at least! You have to give some value for that I have been keeping my 40th in stock condition and did stuff like the IMS, keep it clean and garaged, and put at least 6000 miles on it a year to keep the greasy parts lubed and the seals healthy in hopes that if someday I do have to sell it I can get what I paid for it, and call all those years "free driving" with no depreciation. Dang, I should have got a 993 for that! Anyways - when I was initially shopping a couple years ago I had my heart on an air cooled model, and initially was looking at "less expensive" options like the 911SC, or one like I test drove - a 1987 911 with the G50 transmission - in classic Guards Red with the whale tale and black leather. The car was so hot looking, but drove like crap. I should have test drove more air cooled cars, as this 87 had close to 200,000 miles on it without ANY service records and they wanted $15,995 for it. I wasn't going to buy it so I low balled him at 13K and he said no (I am glad in retrospect) and then he called the next day to say yes, but I knew that car was only a cosmetic queen, and a disaster once a PPI would be done (based on how it felt like it had 130HP and was difficult to shift even with the G50). Long story short I ended up following the old adage "Get the newest Porsche you can afford" and it has worked out pretty well. Sorry to go off topic so much..

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You beat me to the punch

The car I'm looking at is a 2000 Millennium Edition, not a 2004 40th Anniversary Edition. I agree with others comments that the value of the special edition only exists if it comes with extra power. The ME has AWD but no extra hp. The 40th is 2WD but has the X-51 power kit and has a 3.6 ltr out of the box (not a 3.4 like the ME). History proves that Porsches with more power have stronger resale values. A 73 911T with S-options and sport seats won't command anywhere close to a 73 911 S with no options. Only 408 911 SC Weissach's were made but they didn't get any extra power. Today they command very little premium over any other SC. Any year where a Turbo S was offered the price is substantially more than a base turbo because of more power (take a 94 Turbo 3.6 and compare it to a 93 Turbo 3.3). About the only Porsche that deviated from this logic was the 93/94 RS America where no additional hp power was offered, but the car was a factory lightweight. Personally, I like the Millennium Edition. The interior is nothing short of stunning. I took the average price of the poll and made him a cash offer of $27,000 last Friday. I haven't heard back but he did lower his price to $39,000 over the weekend. Getting closer.

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we're a sly bunch

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Good for you for giving it a shot. You have nothing to loose, and the interior and paint is fabulous... Somehow I think this guy is a collector, and may have a barn full of nice cars. Just be careful about the ultra low miles.

If that appealing just get a turbo. Better engine and everything else. Has more power too

I almost bought a millenium. Looked at 2 in the high 20's. 40k miles, and 70k miles. After gettting into this price range, and the IMS issues, I opted to go up into the 40's and get a TT. Something to think about, but at $30k's you may as well consider spending a little more IMO.