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YOUR RESEARCHwhat would you pay - for a 04 C4S 70K miles
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$32K for a C4S coupe with 70K miles seems like a decent (if not slightly high -- only because I value low mileage cars) price assuming the car is in great shape, gets PPI'd and comes out clean, blah blah blah.
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$32K for a C4S coupe with 70K miles seems like a decent (if not slightly high -- only because I value low mileage cars) price assuming the car is in great shape, gets PPI'd and comes out clean, blah blah blah.
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So I wanted to get peoples thoughts on what they would pay for a highly optioned 04 911 C4S with about 70K miles on it. It has been maintained by Porsche for day 1 and has all the maintenance history. RMS has been addressed. It has new pads and tires and if I were to rate it on a likert scale (10 being brand new), I would rate the interior as a 9.5 and the exterior a 7.5/8. Here are what it has:
Xenon Headlights With Automatic Leveling
Bose High End Sound Packagew/ipod cable adapter
Electrochromic Mirrors & Rain Sensor
short shift kit
Front Heated Seats
Sport Techno Alloy Wheels
Driver Lumbar Support
Power Seating Package
So was wondering what you all would think it's worth?
so I'm not sure what you meant by "Perhaps this car is a dog and priced incorrectly for the miles according to the tone of this thread..." Do you feel that it's overpriced for what it is?
There are members here who gave their actual price for their recent purchases. Good friend of mine actually paid less, compared to everyone else, for a blk/blk C4S with the same mileage. Then again, he was actively looking for 2+ years and watched the market like a hawk which earned him a 10% discount.
You are competing with other buyers in the market and all it takes is one who wants more than you for you to lose the car unfortunately. These cars are worth as much as a buyer is willing to pay for them. Luckily for you, there are not many buyers looking at 70K+ mile C4S in this economy and season.
so do you think $30K would be a "good" price for the car? Based upon all the information available...I agree the economy is down and people generally don't spend much money after Christmas.
Do you suggest I hold off on a car with lower mileage and what is that worth per 10k miles? For example, is it worth an extra $1K for every 10k less miles on a car?
$32K for a C4S coupe with 70K miles seems like a decent (if not slightly high -- only because I value low mileage cars) price assuming the car is in great shape, gets PPI'd and comes out clean, blah blah blah.
If you want a car with lower miles you need to be prepared to pay more or wait until one comes around. Like Chao said, his friend waited around for 2 years. If you're that patient then all the best to you. In 2 years, the prices should naturally come down, too (unless the 996 unpredictably plateaus at some point), and then you'll have missed 2 years of driving a 996.
-Eric
My personal rule of thumb: buy the most/newest car one can afford. I surveyed the ads on CL/autotrader and completed listings on ebay in addition to the data posted by KBB, NADA and Edmunds.
My 2 cents: have a PPI done for the car you're interested in and if it checks out (plus Autocheck and Carfax), then I'd say $30K is a good place to start. Best of luck.
If its really in good shape, then I wouldn't worry about 70k miles. If you can get it for $30k, that seems pretty good to me. That being said, it's just my opinion. I haven't been shopping for another Porsche lately, so I'm not really in touch with the current market.
You're talking about $1-2K. Would you be happy paying $30K? Does it have everything you're looking for in a 996? If not, then don't worry about it and wait until you find the car you want. If it does have what you're looking for, then check it out in person (or have someone check it out for you). If you like what you see then talk price with the seller. Get it PPI'd and see how it comes out. Push for the price you want. If the PPI comes out bad, run like hell. If it comes out clean and you want it badly enough are you really going to walk away over $1K on a car that might be appropriately priced if not $1-2K too high?
-Eric
that sounds fair...so it looks like the price is about right for what I'm looking at. I can get it to me, including shipping, PPI, and taxes for under $34K...which seems to be not a bad deal.
$30k-ish seems to be a pretty common price for a car like that right now. Personally, I tend to buy slightly higher mileage cars that have been taken care of because you can generally get a better deal on them since people seem to think that 100k miles is some kind of magic mileage number where a car automatically falls apart and becomes worthless.
or do you all think that the following car is the better "deal", based upon an extra $5K?
http://autoenterpriseonline.com/pictures/1580
They both have about the same mileage, but the TT has H&R springs, new rims, near new tires, and brakes are 70%. thoughts???
If it helps, I paid $40K for my 2004 C4S about 14 months ago. Had 39K miles on it at the time. Condition was excellent, similar specs to what you've listed.
For 30-40K I think the 996 is a great value+performance combo -- a lot of car for that price range. I use mine every day.
$30-34K feels about right given the mileage; PS. a trip to a professional detailer with experience in paint reconditioning can take your 7.5 exterior to a 10 for about $400-600.
Good luck with your decision. +++1 on the PPI.
Howard
It really depends how far away the car is from where you live. If you need to spend $1,500 after buying the car to transport it then it becomes an emotional purchase. If you can find a local car for around $30K, then its a good deal. I will say that buying a pcar often becomes an emotional purchase.
I looked around for 2 years and did my homework on the different pcar generations. Saw my current pcar for the first time about 7 months before I bought it. I thought it was sold but then it pop up again because the seller was not willing to let it go. I wired a deposit within 24hrs so I am not an example to follow. Luckily, the car worked out and I am now a huge pcar fan. If my 996 engine crapped out, I would probably have a NSX in my garage today.
I picked up mine for ~38 about 6 months ago. It has every option I would have picked if I ordered new; sport seats, PSE, standard headlights, etc. Was just at 29k miles. Some parts of the rubbery interior paint are scratched up like the back of the seats but otherwise the car is in fantastic shape inside and out.
Thanks for all the feedback folks. So it appears that the car is priced about right for what you are getting, it is higher mileage than some, however the price is reflected in the mileage. I also don't beleive that 100k+ miles is some forbidden territory. I have an A6 which has over 160k miles on it and I've done the TB, gaskets, water pump, etc...on it twice since new and it still drives strong with no issues whatsoever.
My only caveat in this is that this morning I've been presented with the opportunity to purchase the following car for a bit more money:
06 997 C4S - 44K miles - for $41K (including taxes, shipping)
It's 2 years newer and about 30K miles...so what would you all do?
For the money, I'd focus on the '06 (unless you prefer the 996 or want to spend less). I don't know what kind of options it has but it sounds like a great deal...again, assuming its PPI comes out clean.
-Eric
I'm leaning that way as well. The fact is that I may have to deal with an IMS issue on the 996 and the 997 doesn't seem to have the same. Also, for about $9K more, I'm getting a newer car w/3.8 engine and all the updated electronics. I'll see if I get it, but the 996 will be my fall back
Do you need the 4's AWD? Frankly, I think the AWD feature is for most owners a not very useful feature. (While I own a 996 Turbo which of course has an AWD system, I didn't buy the car for its AWD'ness but because I wanted a Turbo.)
Also, I do not like the added complexity AWD brings to the car, not only directly by of course the extra drive train hardware, but that the gas tank consists of two saddles which requires a more complex fuel pump/fuel siphoning system to pull the fuel from the two saddles and that teh fuel level after 1/2 tank is solely determined by the on-board computer vs. a real fuel level sensor. The front diff also eats into the front trunk's capacity.
OTOH, the S has a nice body/shape and the general rule of buying a used car is to buy the newest/best example you can find/afford.
Sincerely,
Macster.
To the extent it matters and its not likely that the 996 will become collectible any time soon but many have suggested that the 996 C4S will be the most collectible of the 996es. Here's one example:
Link to PDF of Article
-Eric
So the question re: do I need awd...simply put, yes. I routinely drive in rain, snow and weather which is the antithesis of clear blue skies. I have a Quattro for that very reason and the Porsche would need to be a dd. I'll let you all know by tomorrow night which one I get. Thnx
another
for the 06. Infact,where's it at...cause i may ****** it up
that seems to be a pretty good deal on the 06 if it checks out and doesn't have a history
Well the 06 sold for $43k but there would have been an additional $5k in fees and taxes to get it to me. So at the end of the day it would have been closer to $48k for the 06, which seemed a bit of a stretch for me
If you can afford a bit more....pay it. 34-37k should find you a 40-50,000 mile car.
BTW... This 996 C4S is only mildly optioned.
Sport Exhaust and Sport Seats are the important options. The other options are just extra weight.
......did somebody say X51 option? Yeah right... You'd have better luck winning a lottery.
Ok folks I'm at a quandry I've finalized my decision between the following two cars and they are very similar in terms of ammenities and both have been maintained well by Porsche. However, the 03 has the carbon kit. The only difference in price comes to $1,500 - whereby the 04 is that much more expensive.
So based upon these facts, which would you get:
04 C4S Blk/Blk - $1,500 more
or
03 C4S titanium/blk
Please vote ASAP, since I need to make a decision on this soon and I'm going to go with the consensus, since both are GREAT vehicles IMHO.
I'm gonna go ahead and correct you on this.
The 997.1 -2006 to 2008 still have IMS issues.
It wasn't until the 997.2 DFI that the IMS was changed.
In a heartbeat I would take a 996C4S over a plain 997.1
Look at the resale prices. The 996C4S has been holding firm and the 997 has been dropping like a rock.
As a daily driver though...the 997 is the winner hands down.
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