32 captured repliesDiscussion pagination complete · Source accounts, not a confirmed diagnosis
THIS DISCUSSION / SOURCE-DERIVED OVERVIEW
Discussion summary
YOUR RESEARCHThe price of low mileage?
Leading reported evidence
Use car prices, there's 10 others
Performed · outcome unconfirmed
No successful repair reported for this finding.
0
Reported fixes
0
Unsuccessful attempts
1
Discussions
Read evidence and context
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that performed work without a confirmed outcome
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Performed · outcome unconfirmed
As such prices vary dramatically and for every buyer that's a regular Rennlister with a keen eye for used car prices, there's 10 others that don't...
Leading evidence: 'Use car prices, there's 10 others' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Clean excellent condition stock color 2003 c2 caught my eye' (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.
Source reports, not a diagnosis or a success probability. Counts refer to discussions and can overlap.
Clean excellent condition stock color 2003 c2 caught my eye
Suggestion or failed attempt
No successful repair reported for this finding.
0
Reported fixes
0
Unsuccessful attempts
1
Discussions
Read evidence and context
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that contain suggestions
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Suggestion · Original poster
A clean, excellent condition stock color 2003 C2 caught my eye today, so I wandered over to take a look at the sticker price.
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that contain suggestions
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Suggestion
don't think milage or low/high price means as much as someone changing the oil every 3-5k, w proof of service...etc.
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that contain suggestions
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Suggestion · Original poster
Ghost, you'll need to take a look at the stickies and use "search" for major 996 issues, or I would bet you'll get pushback from the team here.
Explicit resolution reports before identified causes, performed actions and suggestions. Within each level, matching component labels precede direct query mentions and inherited thread context; successful versus unsuccessful discussion counts, owner confirmations and independent discussion support determine order. This is not a probability of success.
Discussions that contain suggestions
1
0 original-poster resolution reports. Counts can overlap; they are not unique people or a success rate.
0 discussions have direct query context; 0 report a fix in that context. Other evidence may inherit the discussion’s subject.
Suggestion
Your statement is spot on but you are using.....logic.
Counts describe captured discussions, not unique people or a diagnosis. Author identities are not reliably stored. Exact duplicate evidence is counted once across matching discussions; one discussion counts at most once per action/state. Multiple repairs reported together remain a combination. Suggestions and failed attempts do not establish a fix. Matches cover whole discussions and can include related faults, model variants and incomplete threads.
32 eligible posts · 0 unverified posts · 1 discussions match the subject in their title or opening post.
Rennlist: 1 discussions
0 evidence records excluded for query context · 0 excluded by outcome qualification · 0 adjusted by outcome qualification.
0 acknowledgements have no verified action link; they do not establish a repair result.
Generation: 20261026T222516Z · outcome-qualification-6. Deterministic extraction; no AI model inference. How we use sources
A clean, excellent condition stock color 2003 C2 caught my eye today, so I wandered over to take a look at the sticker price. Full leather interior with heated seats, outstanding interior/exterior condition (superficial look only). 15K miles on the clock.
And the price tag was....
$45,000 United States dollars.
Is it me? That seems high, unless there's $15,000 dollars in the frunk for the buyer.
Right; I didn't mention that the risk of problems with a 9 year-old car with only 15,000 miles on it is high, since fewer than 2000 miles a year implies lovingly kept in the garage.
aside from age many people consider lower mileage == closer to new condition. If it is well taken care of I can see the value in lower mileage. It is still pretty far away from what is cost brand new. I wouldn't say I'd pay 45k for a 03 c2 but to each their own.
Asking price is one thing, Selling price another. At $45,000 I think that car is going to be sitting there a long time. You can get lots of 997's for that kind of money.
+1; if comparing coupes, an 06 or newer 997 with 35-40k or more miles is a lot more car, vs an 03 C2 with a full load of options. I'd still price the low mileage 03 C2 coupe closer to $33-35K, with a thorough PPI and a lot of documentation
The thing is for an educated buyer who is a regular on Rennlist, it may seem absurd - but that's a minority.
The majority buyers out there see a beautiful low mileage Porsche that's half the price of the original sticker when new, and goes " wow ".
Buying a Porsche is an emotional buy for most people - it's not a practical buy. As such prices vary dramatically and for every buyer that's a regular Rennlister with a keen eye for used car prices, there's 10 others that don't... So it doesn't surprise me dealers put those ridiculous prices on cars.
There are '03 and '04 996's at my local dealer listed for $35-45K all the time. 05 and 06 997's are listed for $55-$60K so there you go.
Cumon guys 45k is 996 GT3 Money... One would be Stupid to Choose a Low Milage C2 Coupe over a Mid Milage GT3...
Atleast the Gt3 will still be worth 45k 2 years from now... that 45k C2 will be worth nothing in 2 years lols
Agree. Sometimes I think "what is seller thinking?" when I see prices like this. Who in the world who is looking for a Porsche 911 will do this? That is 997 S money, 996TT money and 6GT3 money... did I missed any other one?
Your statement is spot on but you are using.....logic. Always remember, there's a lot of stupid out there.
I'm not interested in selling my car but I'd take $35k right now for my 03 C2 with 49K on the clock. Nice to know that do to the ignorant/implusive consumer that could be an option....
No it's not you. That is high. two things putting me right off that deal would be. Low milage and high price. Low milage stinks. Why was the car bought in the first place. To drive.. It didn't drive and that 'stinks'.. The price 'sucks'.. Something went sadly wrong with that car to have only 15000 on the clock. It's a 996. Walk away my friend and look somewhere else. I wouldnt buy it for half that price. Now if you found out that it was a little old lady who owned it who only went to the shops in it once a week, then look further into it. But I doubt it very much lol.
I would say that the majority of late model Porsche buyers didn't get into the position to buy a Porsche by making large purchases in this manner. In fact, I'd bet that the percentage of buyers that did their homework are much higher for Porsche buyers than buyers of most marques.
OK, but none of those cars are selling for those figures, especially in this economy.
May be higher than other marques, but I'd say the majority of used Porsche buyers aren't even aware of the achilles heel of our 996s. Then again who really knows?
Original price = +/- $90,000
Asking price = $45,000
Real value = +/- $30,000
$90K - $45K = $45K for 15k miles = $3/mile driven
$90K - $30K = $60K for 15K miles = $4/mile driven.
Guess it makes sense to drive your car. Time marches on, and who are you saving it for anyway?
RMS, IMS, and what else?
I've recently fallen over into this forum from the 928 forum (I've had 3 928s over the years, so I'm not one of those "aircooled snobs") and am trying to educate myself on the 996, both market prices and what to look for.
Being that you've owned Porsches already, you should know the insanity of buying and selling used ones.
I swear, if I could pull myself away from these cars I would, the selling and buying of a used Porsche is enough to drive me crazy!!!
It seems if you're selling one it's worth every penny of the over-inflated price you're asking, but if you're buying one it's not worth 75% of the over-inflated price being asked.
The term "Porsche Math" keeps coming to mind.
We should be happy to see those prices being asked! It's pushing the value of all our cars up, thank you. Hmmmm, if this keeps up I'll be able to flip my car for more than I paid for it.
Ghost, you'll need to take a look at the stickies and use "search" for major 996 issues, or I would bet you'll get pushback from the team here. The IMS is an issue, and RMS as well all these cars can leak oil as you know. That and occasionally, but rarely, monkeys fly directly out of the exhaust, but that appears to be unique to the 2002-2003 models alone.
In any case, to the OP, $45K strikes me as really, really high.
Oh wait, I am the OP.
Back in 09 I paid 46K for my 12,000 mile 40th AE with CPO - there were 3-4 in my area, and they were all in this price range at the time. Now they are 30-35K. My car was mint though, and no issues with it so far. I did the IMSR though after the CPO ran out last year.
1.3 years ago bought my 03 4CS for $35k with 30k milage & bought a 3yr/50k warranty for $3k. don't think milage or low/high price means as much as someone changing the oil every 3-5k, w proof of service...etc. still pretty mint but everyday it seems like a new scratch or ding appears. (i think it comes from the monkey dust out of the exhaust) ur asking for advice: buy the ******! and start suffering w the rest of us...
Yep.
On a completely different note, drove into work today (not in the Porsche) and someone had gone and parked a perfectly good brand-new Cayman S in the parking lot.
But...but...there's snow on the ground here! Why on earth would you do that?
There I go, hijacking the OP's post again.
Gotta agree with Peter on this one. I don't even take mine out in the rain, much less the snow (we very seldom see snow here anyway) why would you, unless it's your DD. The ONLY way, would be if nothing else would start! jmo
To be clear, a rear-engine RWD or AWD car strikes me as making more sense in snow than (even a) mid-engine RWD car, but on top of that we salt the roads.
So, (a) RWD; (b) salt; (c) snow. I would have kept it in the garage unless it was a true DD.
I recently bought a 2002 C4 Cab for $36k with 35k miles. Right in the middle of all the conversation. I've had it checked out and it's gotten a clean bill of health.....only thing it required was the 30k major tuneup and a new head unit for the stereo.
