996 Pricing (Ughhh!)

As a few of you know, I have been trying to sell my 996 for 40+ days. Ads in RennList, Cars.com and AutoTrader. Here is a link to one of the ads: http://www.autotrader.com/cars-for-s...74977189&Log=0 Started at $31,500 (I know...very high). Dropped it to $27,500 and currently I am at $25,500. Quick background, 72K miles, LNE IMS Retrofit + Clutch 5k miles ago, $2K Pioneer Head Unit/Speakers/Amp/Sub. Fister D. New or newish AOS, Water Pump, Motor Mounts. I have received 2 legitimate inquiries on the car. Both out of state. Not one person has looked at the car. I contacted my Indy who also takes cars on consignment. In an email, I told him where I was currently priced ($25,500) and he told me, and I quote, "with all due respect No freaking way!" He went on to add that "the market on the 996 cars is heading south rapidly. It has changed quite a bit over the last 6 months." He said it will sell in the $23K range which would net me $21.5K. I am in no hurry, but I gotta say, I almost believe him based on my lack of interest at my current price. So I have to ask the 996 brain trust who are known to be the smartest people on the planet. Am I unreasonable at my current price since the market is clearly talking to me? I hope that I could sell it myself at $23K. But should I have too?

It is not likely that you will get $23,000.00 quickly. I saw a 996 on AZ/PHX craigslist sit for over a year at $14,000.00. It was also a convertible. Red convertible is a "look at me" car and a lot of people will be turned off by it. Sale wise, try selling it to Carmax and see what Manheim auction can bring. If/when I will be moving on from 996, I will dump it on the auction and wash my hands. PPI and other BS involved with paranoid buyers is not worth my time.

Its time will come. The 1974-77 2.7 models only took 30+ years to finally be appreciated in the market (the owners of those cars knew long before how nice they really were).

Same issue here. I paid $15,500 for a 1999 C2 last October. I have it for sale for $13,500 right now, and have very little interest. I am tempted to sell the thing to CarMax and just get out for whatever I can. The resale prices on these cars is terrible. They are the performance bargain of the century...yet the sellers can't seem to give them away. Strange times.

These cars sell slowly. I often watch Craigslist and cars are always on there for quite awhile, even the ones that are priced well. I just sold my '99 and it took almost two months to do that. The person who bought it was only the second person to come see it.

Good looking car.....

23K sounds like a very fair price, especially with the maint. items you have done. There's a ton of these cars on the market. Personally, I love the red, but am not a big cabriolet fan. So, you just need to find the person who wants the combo you have. At 23K, your car will be a fantastic bargain for whoever buys it, IMHO.

For most people $15-30k cash is a bit much for a 10-15 year old "performance car", financing is hard to get for older cars like these; the ones that have it, I think will cross shop newer sports car with close performance. However where all on here for a reason, the car looks very clean and I'm surprised it isn't getting bites. Maybe it is the body color air vents? Or just that it is a cab. Nonetheless I feel 23-24 is a great price and don't think they are 'falling' any more than they've fallen. Just my .02

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THIS +1

From all my research and pulling some info here at the dealership (I do their IT work) the feedback I am getting is 22-23 is fair. You have sport seats which are a nice option and you have done some good "fixes". Also since you have had this out there for a while you might want to retake pictures and put up new ones to freshen up the ad. Just my .02 PS: With the great sunsets there take them more towards evening to give the car a better look. Just .01 this time

Because the high inventory of 996 out there, buyers will be more choosey. IMHO, the combination of red and convertible is more suited to the kind of buyers that will also want the Tip tranny with that(golf females, cruiser males), no offense.(ferrari's excluded) Just be patient and remember you only need that one right buyer. GLWS

it will sell between 17-19k. I watch 911 prices every day (bit of an obsession). Sad but true

I would stress the IMS-RMS up front, in the title wherever possible.

I sold my 996 one year ago. For reference it was a 2001 coupe in ex condition with about the same mileage and upgrades as yours. I put it on consignment at a highly respected Indy in my area and it sold in 10 days for $22K. Yours is a mark II car which is a plus but its a cab which is a negative in car sales land. I would think 23-24 is a probably a reasonable quote.

If I had a space in the garage, I'd pick up one of these unsold 996's. If things go much lower, I'm going to have to find a place to store one. It's almost unbearable to see them go unsold, especially forum cars with a known good history. Seems like the people who like Porsches and have $20-$30K cash money to drop on a car are already here.

There's only one reason something isn't selling...there's only ever one reason.

Look at 997 prices. They've dropped quite a bit. You can find a fairly driven one in the low 30s. It's seems the aircooleds are driving the interest down in the watercooled cars. It seems their value is coming to what reg car values are. That'll just make me hold on to all of mine lol I'll prob sell them off once I can not physically drive anymore. Some point in time price value will change. I've been watching the 996 platform since I started looking to buy my first Porsche and the prices seem like the daymn stock market. Just a bunch of market makers. If you're going to want to sell now while the value is low realize you need to lose money to move on to what ever it is you want next.

JHC, guys! His cars an 03 in good condition not a 1999 roller. Those prices cant be right. Gonzo, your close to Autohaus, right? Maybe they would take it on consignment. Dont give it away.

I think there are so many sport cars in the market for sale that prices are just depressed due to oversupply and just not enough demand. Families are struggling they don't need sport cars. The air cooled cars are only increasing in value due to rarity and collectibility for what is old. I bought a 996 turbo after selling my Boxster, but am thinking maybe I should have purchased a 996 for $17k.

It's not a classic or collectible, just fire sale the thing and move on. Then get some sleep knowing someone got a great deal and they will be forever indebted to you. No doubt its a great car and a lot of love and attention has been paid to it, however I see it all the time. You have an emotional attachment to it, and you have another car already. Do it! Get it gone. Get aggressive on the price! I checked ebay recent sales of this car with like mileage and condition, I think it's a very accurate reflection of what a buyer is willing to pay. If you've had no interest, it's the price. Ask yourself, are you really trying hard enough to sell it and do you want to? Cheers and GLWS

Thanks for the input everyone. I buy and sell a lot of real estate and learned a long time ago to be objective, ie, my house may not be the best one on the street so it needs to be priced accordingly. I also know when the market is talking to me. No inquiries, no showings...must be price. But I do see recent posts of people buying 996.1 cars with higher miles and not as many goodies in the low $20's so I m getting confused, which is why I started this thread. I'm not going to ask for opinions and not listen to them. I agree Guards Red is not a popular color but Cabs in my neck of the woods are very popular. I am going to take better photos and I am going to see what CarMax has to say. And I am going to be patient. I already have my next car and am fortunate that I don't need to sell the 996. If I had the garage space I might even keep it for 30 more years. It might be worth $60K by then...but I will likely be dead...or living in Belize. Thanks again and keep the opinions coming!

The 996 has got a bad wrap. We all know that and the prices are reflecting just like 951 that's dubbed as the poor mans Porsche. Bad wrap and large amounts of them for sale does no one any good in trying to resell their car. The best thing you have going is that you're in no rush so don't be rushed. Just be patient and persistent. Someone will come with a serious offer ready to buy.

You need to take better pictures. Exposure is off. Take the pictures before sun down or early morning. I just bought a 2002 with 69k mikes for $21.5 and I'm thinking I overpaid . It was white coupe and auto.

I know it's a bit late now, but I wonder what an original bog standard 996 guards red cab of the same year would sell for? No mods what so ever. Just basic as it left Stuttgart. Just a thought. That's maybe where you need to be in your asking price. I mean do those type of untouched cars sell quicker to the young 'would be racing drivers' who then proceed to rip hell out of it and tear it apart for track use.

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Gonzo look at Excellence Magazine. Towards the back they have self reported cars purchased / sold and the transactions prices on an '03 Cab are much higher than $23K. These cars in excellent condition were selling in the mid $30's. There is no way the market has dropped that much.

It is time to create a rumor around 996s to help with values. I heard that some 996 cars had a five 1KG gold bars hidden in them under the driver's seat. This was the **** gold Porsche was laundering to finance the VW takeover bid. They assumed that easiest way to "launder" it was to hide it in the 996s, and then retrieve it once they failed to sell on the US market. Gold would be sold in the open market, cars would be scrapped. Unfortunately cars sold a lot and it is rumored that Porsche failed to recover at least 1,500 cars non-turbo 996s. So you have 1,500 cars that are still driving around with extra 5KG of gold in them. Most owners don't know about this, and getting to the gold requires removing the driver's seat, carpet and using welder or cutting saw to cut open the hidden compartment holding the gold.

I just sold my 996 and started looking for a Cayman.2 S, plus Cab's aren't really my thing... But damn, your getting close to fly-down-to-Phoenix-and-just-drive-it-home kind of money! Plus it could be one of those 996's with a quarter million dollars worth of gold ballast in it?? But wouldn't they put it under the passengers instead of drivers seat to get the corner balance better?

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Then how do you explain the car going unsold..?

Couple of more thoughts... Question: Would you list a property you were trying to sell in the MLS with unflattering pictures? No, of course not. But in autotrader, you have this picture: My first thought is 'Wow, that's unattractive. Looks like somebody DIY painted their vents orange!".... Now I've never seen those CPR/CYX/CYY exterior color trim options in person, but if they come off anything like 'center console in exterior color', they probably look fantastic when you see them in person. But the bad picture takes what might be a really cool and unusual option on your car and turns it into an negative... Again, as a potential/example buyer, I want to know what this really means. Any paint flaws? Road rash on wheels? Glossy, detailed paint and interior? For a really pristine car, a buyer (like me, for example) might overlook that it isn't their favorite color. But I don't have a much interest in flying to see an out of town car just to figure out what the sellers idea of 'gorgeous' really is. Be very descriptive on condition with detailed pictures of the flaws. Damn, it's a lot of work to sell cars on the internet! :-)

You need a bikini model in the pix, too.

IMHO the 996 is the best bang for the buck sports car on the market. Servicing the car is as easy as a Honda Civic too. On top of that they make an excellent daily driver, not garage queens. I've owned several air cooled's and don't see myself going back. I love driving my 996 every day. Your car has 3 problems: 1) The mileage is high for a vert of that year. Most verts have lower milage than coupes and yours has more 2) It's red. 3)It's a Vert. Being a convertible puts you up against a Boxster. Most would only take a Carrara Vert if they needed the back seats. Personally, I would take a Boxster S and pocket the $10 grand I would save vs. buying yours.

You have one problem. The use of "Vert" is too much.

Seriously. Is it too hard to type convertible?

Many potential buyers don't have that much cash, these cars move quickly through dealers and they usually offer several options for Finance May I suggest you contact several large banks and obtain credit applications ( money is available again ) Second tier lenders are also available You can then advertise " credit/loans offered"

I agree with your indy. It's a nice looking car but is a normal 996 convertible, which tends to be the least desirable and lowest resale value 996. These cars are in a really crowded price range for used Porsches. Below you can find a nice Boxster S for $15k, there are lots of 996 coupes in the $20k range, the special edition 996s are in the upper $20k range (C4S, 40th AE), and moving into $30k opens up 997s and 996TT. Do you also have it marketed locally on Craigslist? I've sold more Porsches on Craigslist than any other site. Just for a point of comparison, my 2000 C2 should be gone tomorrow to another Rennlister. I took a deposit 23 days after listing, asking price was $22,500. It has 97k with very desirable options (Aerokit, metallic black, CF interior, etc) and recent LN IMS/RMS/clutch as well as a lot of recent maintenance. It is also immaculate.

I have to chime in here and agree with OWP. I'm completely new to these forums, and the primary reason I joined was to get buying advice from folks who have a lot of knowledge about these cars. I've spent the better part of a month digging into Craigslist and Autotrader looking at 996's, learning the pitfalls of the car and so-on. As a potential buyer, here's what I feel is important for *me*. I'm not a huge impulse buyer--not at all--but when I make my mind up to do something I typically follow through. After the quick, down and dirty education from everyone here on the forums, I knew the mechanical things I wanted to have assurances on before buying. Now--you can have every "bullet proof" mod in the world and the car can still break down tomorrow, but at least everything that can be done to the car to prevent this has been done. I know some people feel the IMS issue is overblown, and given the small percentage of failures I can understand their reasoning. BUT... if you're one of the 1%, 3%, 5% or whatever that it happens to affect, who cares whether it's overblown or not? At that point it's not just replacing a bearing--you're replacing a whole engine. Thus, I absolutely would not even consider buying a 996 without the IMS mod. I just wouldn't. Better yet, I doubt if I would buy one without the mod and some mileage after the install (in case they had a failure and just replaced the bearing). So--I would absolutely put that at the forefront of your ad. Same with any work you have had done and when. Next thing is price. As you know, I looked at your car during my buying process. I don't think your price is out of line, but there are similar cars out there for less. BUT... with that said, there are similar cars out there for more. You might get what you're asking--it will just take the right buyer. If there's no rush, be patient. Now to the buyer... these cars lend themselves to a cash purchase due to the age of the car. I assume that a dealer may have some financing options, but buying it from an individual makes that much less likely. $20k isn't a lot of cash to some people, but to a lot of people it is a mountain of money. Additionally, when you're spending $20k or $25k for a car, you're getting awfully close to the price of a much newer model corvette, 370z, and so-on, and have a car that (in some cases) is faster without any potential for an engine-killing failure. In short, you're looking for someone that wants a **Porsche**... not just a fast sports car, and has $20k to $25k cash in hand. That narrows the field a lot. As you know, I looked at your car as a potential purchase. It is a *beautiful* car--I just don't car for red. I'm not sure why--I've just never liked that color of car. Of course, this is just personal taste. My guess is there are more people that like it than not. But keep in mind that the narrow field gets narrower when you look at the specifics of the car. I'm the guy who is hopefully buying OWP's car tomorrow. His ad contained numerous hi-res pics (and had many more to view outside of the ad), his car is well-documented, and the car has many of the problem areas addressed (such as the IMS). He gave an excellent description of the cars strengths and weaknesses--I urge you to look at his ad. I also like the fact that he has been on this board and has numerous posts. In other words, he's been around 996's for a while. I do need to stress one of the above items... the pictures. My first post in the 996 section was regarding a car I went to see in Charlotte. It was a 996 for $12k, and it had some issues. Anyway, the pics of the car were gorgeous, and even the interior pics looked immaculate. However, upon arrival, it looked like someone had locked a tiger inside of the car. Scratches were everywhere, every surface was scuffed, paint was missing, and there were tears in the seats. Take VERY good pictures, and document everything--even the bad. Getting a (bad) surprise when seeing a car in person is a turn-off. When I saw the interior of that car it was over for me--the guy had lost all credibility at that point.

Call inspect my ride. Have them come out and do an inspection. They take pics, show the flaws, write a report and give it to you. Then put the report on line. I think it is $200. I know the last think you want to do spen more $ on the car, but... Every time I see a car with one of those reports attached, they disappear quickly.

Lots of good comments in this thread. A few facts and opinions: 1. There are a lot of 996s for sale. Good finance and lease rates 10 years ago made sure of that. 2. Buyers can be choosy with that much selection. 3. It is not that easy to finance an 11 year old car. But any 996 buyer is probably not paying cash. 4. I would not consider this car due to the red vents. I think it looks tacky. That's just my opinion, but see #1. 5. You can usually get better $$ and no hassle if you can consign the car. Exposure is everything. No one checks out your garage driving around looking at cars on Saturday night. You have no chance at an impulse buyer. Dealers count on them. Most people are also more comfortable with a reputable dealer than a private sale. 6. Red is not that popular anymore. Before you argue, check my avatar. I love red, but struggled to find a 996 in that color. Silver, black, gray, etc. are easier to sell. Your current asking price is about right. Now you just need a legit buyer, with cash or a loan in hand, who wants red, and a convertible, is willing to purchase from a private party, is searching for cars online, and likes the red vents. This isn't that easy when you break it down. GLWTS!

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I been watching and talking with seller and buyers too, and I would say you are right on for retail price. I also have a dealer friend that runs the Mmr for me from Manhiem Auctions and no 2003 cabs have sold in last 90 days but the 2002 cabs with right over 100k are selling for 12k and the low miles 50k and under are selling for 17k plus. If this car was like new and needs nothing with zero stories I would $17k. Frank

I was looking at 996 asking prices in this months, 7/2014, Panorama. There are 26 cars listed. 1 with blown engine @$5k 75k miles 7 under $25k with 39k to 107k miles 6 between $25k - $30k with 39k to 98k miles 12 from $30k to 49k with 10k - 73k miles Looking at these numbers I thought Wow! 996 prices are creeping up. It would be nice to know the actual selling prices.

OMG...call Gator, get one of his many picture-girls to pose next to the car, high res pics, rally big *****, short & tight as my wife says about interviewing...and sell that badboy! m

fyi, I looked for about 6 months for a 2002-2004 996 coupe and finally found a 2003, in Georgia with 43k miles in very good condition (black ext., beige int). it has a clean carfax, very few upgrades, a few electrical bugs (minor I hope!), runs very good, and I love it! it's now a daily driver, parked outside in the scorching florida sun and I paid $21,000 for it, cash.

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Thanks for the input. Honest answer to a sincere question please. IF that car had 70k miles but had the IMS Retrofit/RMS/Clutch done, plus a new head unit, all maintenance completed, and looked and ran great...would you have paid more and if so, how much? Thanks!

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I'm no expert, but I have bought and sold about 15 P-cars over the years--mostly 944/51's. When I ran into a "no-interest" situation I would always do SOMETHING that I thought would help. More/better pix, re-write the ad copy. Eventually it would work--or maybe I just waited long enough. Good luck with yours. STP

To some extent you just have to be patient, unlike selling a Camry there isn't a huge pool of buyers. With that said, having a well written and detailed ad, lots of high quality pictures, as well as a competitively priced car will help hook those buyers when they do come along.

I would take down the ad, replace the red trim with stock, then re-post with better pictures....

FYI, with your pics, your presentation is wrong. You are taking a close-up wide-angle picture, which distorts the way the car looks (most evident in the rear-end pic.) For a proper picture, stand far away from the car and zoom in, instead of zooming out and standing close to the car.

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Glossing up the photos and ad and reposting with the price you are willing to accept aside; I think it is a matter of patience for the right buyer to come around. I don't think that the average car shopper can appreciate the value proposition of an enthusiast owned and cared for car. To some a Porsche is just a Porsche so the lower miles and lower price makes them think they got a better deal. As we enthusiasts know, that simply isn't the case and I think someone who is educated on the subject will come along. I'm in the camp where if I had a spare bay and was working, I'd part with the cash and scoop it up. One of my wife's latest wishes is to have a red convertible, and since she jokes with friends that the silver one is mine and the blue one is hers, she just lets me drive it, it would be tremendous to present her with her own red convertible. Or - you could just decide to keep it.

I agree with Fly, the red trim and head unit would put me off, I prefer my car to be totally standard. I know the headunit is subjective, but removing the red vents would definatley help the look of the car. Also shoot the car in low light (evening or early morning), dont take pics in the middle of the day. The lighting will make the pictures and car look way better with more depth and colour

Thanks for the advice, especially on the pics. I agree they are not what they should be and when our weather cooperates, I will do so. As for the vents they do show up as orange in the photos and that's one more reason to upgrade the pics. FYI...they are the same as the body color and they are OEM believe it or not. I don't think I am going to make a change there. I wish I could keep the car, but I don't need 2 911 Cabs. If one were a C2 Cab and one were a TT Coupe, well now your talking! Silotwo...come on man...surprise your wife. You know she deserves it!!! I am actually starting to get some interest at the $25,500 price and have 2 appointments tomorrow. We'll see what happens.

Are you coming to Belize after the sale? lol. Good to seeing you're getting some action. Fingers crossed!

I might pay a bit more, but not much. this was about all I could afford!

New pics are up. Still sitting around at $25,500, but I have the car on battery tender and I actually drove it all weekend. What's a few more miles.... http://www.autotrader.com/cars-for-s...74977189&Log=0

Gonzo, that left rear quarter shot with the roof up shows some funny wrinkles in the roof. I'm sure it is just the way the light is hitting the roof, but my first thought was "the roof has several tears or near tears in it". You might want to swap that pic out. Plus I agree that early evening soft light pics will really make a difference. Based on the shadows, it looks like you're still using mid-day pics. The cloudy (from back lighting) interior pics should be swapped out too. Try some interior pics taken while parked in your garage. Any cool art/sculptures/murals in Scottsdale that you can use as a backdrop rather than the desert? Also concur that the price is right. Just sometimes takes a little time to find the right buyer for a specialty car like yours. But you should not need to lower the price any more.

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Still? Rat Farts!!!! Those pics were taken at 8:30am. I am not getting up any earlier!!! Top is in great shape so I will delete that photo. Starting to get calls and lining up drives for Fri-Sun. More activity in the past 2-3 days than in the past month. Thanks for the input KC

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Do you still have the car?

Amateurs.

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Hey...where did my car go?

^^^^^^^^^^^^^^^^ I'LL BUY IT!!!!...... is that car in the background?

Do you have the hard Top with it?

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If you are talking about the car...no I don't.

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Seems like a fair price for that car. GLWS.

^^ This... so simple.... so true.

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Hogwash. There are plenty of reasons to buy or not to buy beyond simple price.

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Logically speaking, that's not true unless you truly wouldn't consider taking the car even if it was free. I'd pay $10k for the car right now, and nobody wants the car at $25.5k, so obviously an appropriate price is somewhere between $10k and the current asking price. There's no guarantee or assurance that a specific car is "worth" $x. Everything is only worth what you can get someone else to pay, so pricing is ALWAYS the issue. If nobody wants a red 996 cab at the current price, the only thing that will move the car is lowering the price or sweetening the pot in some other way, which is actually the same thing. That car WILL SELL as-is by changing the price. Simple as that.

I'm actually heading to CarMax in an hour. Just curious.

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That analysis ignores the factor of time. The red statement is true only if you view the car is worth what it can be sold for immediately, which is not the same as what it can sell for with a reasonable period of exposure to the market. A fire sale value is not the same as fair market value, which takes into account a period of exposure. What is reasonable/appropriate depends on the nature of the item and the universe of potential purchasers. And sports cars are a classic case of a very small universe of potential purchasers. A lot of guys talk and/or dream about buying a Porsche. The universe of people who can and will step up to the place and put their money where their mouth is remains a small group.

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OP has been trying to sell the car for over 50 days now. That's more than reasonable exposure to the market and is the market's way of saying that the asking price for that specific car is too high. Every car will sell in a reasonable amount of time with a reasonable price. Way too many sellers manufacture an asking price in their heads that has no bearing on reality--I wish my '99 was worth $30k; it is not. There is a price that would move that car within a matter of days. I guess I just don't understand these "why isn't my car selling?" threads, because the answer is always the same: you're asking too much.

For some this may be true... for most, it isn't. Simple supply and demand. Sure you can get lucky, but in general, you can price something to sell or to keep. Always been this way. Internet is making it more so.

With cars like ours it truly hit and miss to get the "next " buyer, it has to be THE car someone is after. Price is not always the reason a car sits, If that was the case, I am priced way out of what some of you guys say is reasonable... My AD went on PCA this afternoon and I have had 2 inquiries already!!! One may even be serious..lol https://www.pca.org/classified-ad/303088

Sounds like some are trying to over complicate this. Its just a special market type car. Mine sold in 1 day with the same selling venue, Auto Trader. I don't think my selling price was unfair, too low or too high.

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Well, that was fun.

Car Max is the worst place to take a used anything. They will try to discount the "value" that they will pay you in any way they can. Couple years ago my wife took her 07 Escalade by Car Max to see what they would give us. They tried to tell her that the car must have been damaged at some point as it appeared to have paint work, and that the tires needed to be replaced do to the size not matching the sticker in door jam....lol Well for the record, we bought it new, it had never seen a paint booth and the brand new Toyos were 305's instead of 295's..... Their offer was $5K under what we got trading it in on a new Jeep I refuse to give them any business.. total rip off Out of curiosity I pulled a Manhiem Auction report on all 2003 Carrera Cabs. Found a 2003 tip cab that Manhiem gave an MMR of $24,800.. That means that of all 2003 cabs sold at auction recently, the high was $28,600 the low $21,000 MMR $24,800

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That's just not correct. Some folks won't travel too far for a car. If the ad pictures or descriptions is lousy that impacts sales. Some won't consider buying from a certain market (for example I know folks who won't buy any e-bay car period). Time of year impacts sales. Overall trust in the seller impacts the sale. "Logically" there are a ton of factors that can and do impact if and when a product sells. Price is one of those factors and it is often a big one, but it is silly to suggest it's the only consideration.

Gonzo can you pm me. I believe I am to new to pm you

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Of course, realize that if CarMax is offering you 17, they will turn around and list it at 25 or more. So, keep on the hunt for a private buyer.

Canuck is right - wholesale on Gonzo's car is not much less than asking price now. He had it too high to start, which is why it didn't sell right away. It won't last much longer at the current price. If he had priced it at $25,500 originally it would be sold by now. If he still had it priced at $31,500, it would languish on the market. If I lived in AZ, I'd run it through the auction for you Gonzo, and it would bring that MMR $24,800 because it is retail red. Hang in there, Gonzo, as others have said, the pool of buyers is small, but so is the inventory of quality cars like yours. It's not a commodity car like a Camry - 10+ year old Porsches just take a little time to sell.

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Thanks KC. I have 3 out of state inquiries that are all asking the right questions. I am not interested in $17K, that's for sure, so I will hang tough.