Trying to figure price on 996 40th Anniversary Edition

As we all know, the 996's are taking a nose-dive as far as pricing goes. However when plugging the 40th Anniversary Edition 996 into into appraisal sites liked Edmunds.com, the car with 14000 miles in outstanding condidtion with CPO warranty comes out to around 48K. Is this price reasonable? I have seen a lot of 40th Anniversary Edition cars on eBay as of late in the upper 40's - they don't seem to sell. Obviously it is not as rare as some of the air cooled rare cars, but I just wanted to see if this car will continue to have a bit of a premium above and beyond the normal 996 model years due to only have 1963 copies made (still a larger number of cars). I guess I am just feeling slightly bad about my purchase due to the nosedive in 996 prices, but my saving grace seems to be the continued mid 40's pricing on Edmunds and eBay auctions. Regards, Steve

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Hopefully relishing in the market value of your car is not the only reason you bought it!! Should have chosen a different Porsche model, if so!

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How long have you owned it?

The 40th is nice. I honestly can't see mid 40's though, but I think it is the best of the NA 996's (sans GT3).

The prices are a little all over the place. Autotrader.com has several examples starting with a 22K car for $38K all the way to a silly price of $55K for a 13K example; most are in the low 40 range. Obviously that's asking price, I don't know at what price range they are actually getting sold.

KBB as of today for the C2 vs. 40th As far as value, I would say low 30's for a C2 and mid 30's (to maybe high 30's) for a 40th. There is no way they are selling in the 40's. You can get a 997C2 in the 40's now.

My guess is that KBB and the like are 'really' for the lending industry, not for the buyer.

So Marlon, then you are saying lower for the buyer, correct?

There's going to be a premium for sure, the car has the X51 engine, is heavily optioned including full leather interior and painted console among other things, and is numbered if that means anything to people. But I still have a hard time seeing a 20% price difference. Right or wrong, those figures still depress me.

Thanks for the info - it was just the car that I wanted - especially because of the power package on the motor. There were 4 for sale around me, and they were all 44K-51K. I bought the one from the dealer with 12K and CPO. I just hate overpaying - especially when you see the car's brothers and sisters going for high teens-mid 20's. I guess I should not care - I got the car of my dreams and I am happy with it everytime I drive. Regards, Steve2112

You can't look back thinking you could have driven a better bargain. When you are ready to buy, you buy and do the best you can for the car you want. Then enjoy it. Don't get down about things until it's time to sell!

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No such thing as overpaying if you got exactly what YOU wanted. It's worth what you decide is fair not what we or anybody else state.

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True!

Congrats on a nice Porsche that you'll love every time you drive it....or look back over your shoulder as you're walking away from it!! Don't let 'buyers remorse' get to you.

Enjoy your 40th! As stated previously don't let other's deals discourage you. Remember that some of us bought our cars from new and certainly paid way more than what you did for a used one. I've had mine for almost 5 yrs now... and I've enjoyed it greatly ever since!

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+1. I've had mine for over 4 and a half years and paid $72K! And I still love it. What you paid is irrelevant as long as YOU love it and can afford it. I didnt really comparison shop like nuts - got a fair deal and I could afford it. Probably could have got it for 3-4K less but I didnt lose sleep. Every time - I say next time I'm going to get a good deal. Then I walk in and see it and fall in love - and buy it. Never really wanted a 997.1 - although the 997.2 with 385HP and PDK is calling my name. I am considering a C4S w PDK.. Enjoy yours in good health.

Also remember there are many variations in the condition of a 5+ year old car. I saw one at my dealer on Friday and it was very average - initially i thought it was mine as I was in for an oil change. That one was worth far less than yours IMO.

Thanks everyone! I just go in from enjoying a ride in the car to pick up some Rita's italian ice. Steve