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YOUR RESEARCHWould I be selling too cheap?
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Use 996s
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the car is a weird color combination and theres lots of other used 996s to compete with--ask me how i know
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the colour is likely the issue, i would rate that car at exactly that price mabye even lower.
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Someone has offered me 42k for my uncles car...
He wanted to get a bit more out of it but it is a solid offer. Do you all think I should accept the offer?
The car again is an '00 C2 Arena red with grey leather. 12500 miles. mint. Good amount of options....
Thanks,
Jeff
That is low for mileage..Color might be an issue and limit amount of buyers...In Los Angeles you should get at least 45k or hair ore for that mileage and in mint cond.
$42k probably isn't too bad. '01's and '02's with slightly higher mileage are high $40k's or very low $50k's right now and will only drop further as we get into the winter months. So, $42k might be pretty decent.
I recently sold my 99 C2 cab for 42k. I think your price is a bit low, also take into consideration there are a glut of P cars coming off lease with low mileage and maybe more desirable color combos.
I just bought mine recently from a big but not Porsche dealership, so no warranty. But I paid 49k for a Artic Silver with Graphite Gray C2 Cab. It was a 2000 with 29,xxx miles. Dunno if that really helps you or not. Actually did I pay too much?
Should I relist it on ebay? Any other ideas of good places to get exposure?
I feel the longer I wait the less it will be worth as we get closer to winter....
Thanks
Jeff
SgtPepper, you didn't say where your uncle lived.
996's will be cheap from now to April. I went through this last year. $34.5 for an Arctic Silver 99 with 37k miles in great shape is a screaming buy in August/early September in Oregon. But I notice all New York luxury cars are cheaper than west coast cars on ebay/autotrader.
Take the $42K and start a lonely hearts club band !
Haha lex. My uncle and the car are both in a burb of denver colorado.
Im starting to think it might be the wise decision to take the offer - or at least tell my uncle that it might be. I feel if he waits until next spring prices will drop even further. Am I correct?
Thanks for all the input,
Jeff
I advertised my 993 starting last September 1993. Prices deteriorated badly through December or so. Interest started picking up about February and I sold my 993 in Mid March. The good news is that I was shopping for a 996 myself starting in February and when I got a buyer for the 993 I had already looked at 20 different 996 cars.
If it was my Arena Red 996 I would take the $42K. You have a low mile car but the color appeals to a less number of buyers than say, Guards Red, etc.
I was not looking for an Arctic Silver car. However, this car was in the best condition of any car I looked at and in a Porsche I really felt that had to be the determining factor. As it turns out there are many who WANT Arctic Silver, it's not my first choice. But I'm really happy with the car because of the condition.
When I buy a Lexus, or Duramax, or Avalon color is a much bigger factor in the decision. But the opportunity for those cars to be abused is less.
My (broken) crystal ball says that 996 prices will not come back as strong in the spring of 2005 because there will be 997's out on the street and nobody will mistake my used 996 for a new one as it happens to me know.
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