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YOUR RESEARCHWhat's a realistic value for my car?
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I tried to space it out but the changes don't stick.
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99 C2 cabs with miles under 30k were running mid to upper 40s as I did my search last month, the Porsche certified cars were nudging closer to $50k.
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99' C2 (polar white, Metro-blue interior), 6spd, 37k miles, Porsche certified for the next 2 years (it transfers), Kinesis Supercups with new S-03's, the car is almost in mint condition.
I tend to not believe KBB or Edmunds. Especially because you can't put the value of the wheels and extended warranty into it.
went to carmax to have my 99 c4 tip with 22k appraised and i almost decked the guy. he offered $30K for the car. look at cars.com or autotrader.com and maybe that will help you out.
Bob
99 C2 cabs with miles under 30k were running mid to upper 40s as I did my search last month, the Porsche certified cars were nudging closer to $50k. I'd put the certification worth $1500 or so against a comparable car out of warranty -- money well spent. Unfortunately, the Kinesis rims aren't going to add much if anything to the price, but if you have the original rims, you can always sell the Supercups separately.
Vic
99 C2 cab
I'm searching for a '99 big time. I would think that car would fetch anywhere between 38K and 42K, nothing more. Color is a negative in that picture.
Don't shoot the messenger.
Regards,
Are you asking for wholesale value or retail. Wholesale would be what a dealer would buy your car for and retail would be what you could hope to get in a private sale. Wholesale is not always equivalent to trade-in value as when you trade the car for another one there are other factors involved.
I can provide actual wholesale-auction transactions for comparison as I have access to Manheim Auction national sale results.
Retail comparisons are harder to document. I do not no of a resource that documents certifiable retail sales transactions.
I can also tell you that while appraising cars for trade in, aftermarket wheels add no appreciable value. New tires can add value so far as they eliminate the cost of having to put them on during reconditioning for resale.
No problem. Feel free to provide specific details of any car and I will give the comparative auction results.
Please provide:
year
make
model
mileage
color
overall condition: rough, average, clean
I am happy to provide this info to any Rennlister
Hi Bruce,
thanks so much. If you can, details for '99 C2 and '00 C2
99 and 00 C2
35K miles and 50K miles (if the difference is big, then list separately please)
silver
clean to mint cars with average options
6 speed, of course.
OK. Here it is.
According to the Manheim Nov 13th report:
NOV 12, 2003 Sept. Aug. May Nov. 2002
Avg Price $34,826 $35,607 $35,452 $37,490 $40,293
Avg Miles 41,980 41,096 37,291 38,407 32,880
Projected Values Nov. 2003 Dec. 2003 Nov. 2004
Condition Above Avg Below Avg Avg
Wholesale $37,450 $34,750 $32,050 $34,100 $30,700
Retail $40,950 $38,050 $35,050 $37,300 $33,700
99,PORSCHE,911 CARRERA 2,COUPE
I am sorry this is hard to read. I tried to space it out but the changes don't stick. If someone can tell me how to space it, let me know.
2000 996 coming up.
So, I think I should interpret the chart. The current value of the car is $34826 with average milage of 41980. Then the numbers go back to previous months and years.
Then they project values using Nov. Dec. and Nov 2004 with above average condition, average and below. Notice the wholesale- retail varience.
I will try to figure a better way to do this.
NOV 12, 2003 Sept. Aug. May Nov. 2002
Avg Price $44,675 $42,175 $42,275 $46,816 $48,000
Avg Miles 19,446 19,763 28,486 17,272 26,066
Projected Values Nov. 2003 Dec. 2003 Nov. 2004
Condition Above Avg Below Avg Avg
Wholesale $47,834 $44,634 $41,334 $44,300 $42,200
Retail $52,134 $48,734 $45,134 $48,300 $46,100
00,PORSCHE,911 CARRERA 2,COUPE
There must have been some low milage cars run this week. Hence the 19466 average mile number and the resulting values.
Very interesting.
If I interpret correctly, the 00 is ~ $10K higher than the 99 in either retail or wholesale. That seems very big for not much change in the car in those years. Can you attribute that decrease to warranty running out?
Another observation, looking at the historic data, over the course of a year, the 99 got (on average) 10K miles and depreceated slightly more than $5K. Yet the 00 got less than 7K miles and dropped $3.5K. Again, counter intuitive, although perhaps the sample size is small enough to cause the anomoly. Or maybe new Porsches are babied (low miles/yr) until the owner sells it or wakes up and thinks hey I'm not getting any younger, I'm gunna **drive** this baby!
Any thoughts?
The milage variance between the 99 and the 2000 is the main contributer to the price difference. 41k vs 19k.
The report is based on the average values and mileage of the actual cars that sold, so it is subject to sample size and a whole lot of auction type variables.
Appraisers argue the statistical value of these numbers everyday at my dealership.
Bruce,
That's fantastic info....thanks so much for taking the time to post. I would imagaine that since Manheim is one of the largest auctions in the country, that those numbers are pretty accurate, especially on the East coast. Perhaps I'll wait one more year to get the 996. I figure if it's 5 or 6 grand less, and I get about the same for my '85 targa, it's a much better deal over time.
thanks again,
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