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YOUR RESEARCHGood price for this car.
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Use 911s
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Performed · outcome unconfirmed · Original poster
This is Minnesota - they sell a lot of Cayennes and now Panameras - not as many used 911s.
Leading evidence: 'Use 911s' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Clean trade-in $26,875' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.
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Suggestion · Original poster
I would probably replace the dinged up pieces with CF or aluminum bits.
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Local dealership has a 2003 996 C2 manual- midnight blue metallic - my favorite color - with grey leather which is fine. Asking 32K and change. Body is in decent shape as are tires. Has 48k miles. I would have a PPI done - dealer knows nothing about the engine which doesn't surprise me. I drove the car today - what a great combination of speed, handling, and refinement for the real world. If PPI looked good what price would be a fair/good deal?
How does the asking price compare to KBB.com? The low miles will defintely drive the Kelly price up.
The CarFax likely will not include much service detail. If you want to know the car's service history you can try calling the Porsche dealer(s) in the area where the car was registered per CarFax report. They will usually share service history and warranty work performed if you briefly describe the situation. FYI: If it has a reman engine it will likely have "AT" in the engine code.
Use NADA. That's what most dealers use, and they didn't pay more than NADA wholesale. That should tell you the max they have in it and you can negotiate from there. I found that KBB was high in my area by anywhere between $3k and $5k.
Price is a few thousand high for a C2. Agree that high 26-28K would be a good asking price.
Unsure you will get a CPO on a 2003 with 48K miles; dealer will balk but if he knows nothing about the engine you might consider an aftermarket/third-party warranty. Most folks save the money and throw it in the bank to accrue interest rather than buy one; I bought one and I sleep slightly easier, although only for a few years, and instead I collect random pennies off of the street when I can.
Go for the CPO if it was put into service less than 8 years ago. I got it on an 04 with 48k. You'll have to factor in about $2k to get it CPO'd, but it is probably worth it for peace of mind.
Thanks guys. The car is at a Volkwagen dealership that buys cars at auction - I think it was a Florida car as it has a Brumos dealer sticker on it but obviously that isn't worth much. This dealership has more P cars for sale at any one time than any other except our local Porsche dealers. I would for sure want to know if the engine has been out.
I assume you can only have a car "CPO'd" if it is being sold at a Porsche dealer. The used 996/997 asking prices are really high at my local dealer in my opinion otherwise that would be my preference. This is Minnesota - they sell a lot of Cayennes and now Panameras - not as many used 911s.
The dealer states that KBB on this car is like 33, Excellence has a high of 28K and change.
NADA:
Rough trade-in $21,950
Average trade-in $24,625
Clean Trade-in $26,875
Average Retail $32,600
Car is in "Average" condition in terms of body and interior - few nicks and scratches - some sticky/cracked bits on the center console. Seats/carpet/dash are good. I would probably replace the dinged up pieces with CF or aluminum bits. If I decide to pull the trigger after a PPI I think I'm going to offer 27K
I doubt the VW dealer can CPO a Porsche, but you could ask.
FWIW NADA stays pretty current even if prices are rising. If they have several cars, find the NADA wholesale value (they've already bought it), add 2 or 3K and set that as your price. That's what I did and got the car for $6K less than they were asking.
They were asking 59K with a CPO. 48.5K was NADA wholesale. I got them to 52K, but they pulled the CPO. After some back and forth, we settled on 53K with the CPO. They made a little money, and I feel like I got a good deal.
Good luck. Don't be afraid to negotiate. Let them know where you got your info (NADA, not some dude on the internet), and what you are basing your price on. They aren't emotionally attached to it. They want to turn inventory at a profit.
Any service records? If not, I'd pass. There's lots of cars out there.
Personally, I would think twice about buying from a non-Porsche dealership. They have no "skin" in the game. They just want to make a sale.
Buy from someone on the forums or a PCA member. Someone who cares about the car and who will be buying it.
I also noticed that the prices were high here plus they weren't too excited about negotiating. I ended up expanding my search area a bit and saved thousands compared to what it would have cost at our P dealer up here.
