Got an offer on the car - thoughts?

I have an offer at CDN 20K on my 1999 - 996 C4. Asking 23.5K. Clean car with 105K miles New engine 2007 Rebuilt transmission 2010 X-74 2011 All maintenance UTD. https://rennlist.com/forums/9054516-post173.html What do you think? Take it or wait?

Fergus you really put some TLC and some nice upgrades into this car. Are you upgrading? Couldn't get them to $21.5? I would be inclined to take it.

If the interior is as mint as it looks in photos, plus your new wheels/tire combo and knowing you have maintained alot of documents / repairs, I think you can stand firm between $21.5 and $22.5K. engine and trans pretty much new. If it drives solid, then you have a very decent example of an early 996 C4. good luck with the sale Fergus. Ed.

I think for a well maintained car 20k is kinda low but depends on how motivated are you to let her go. Car looks great! GLWS

That's a lotsa miles bro'... Buying Porsches is easy - selling them not so much. I'd take the bird in the hand perspective.

Jasper has a great point!

I think you know where I stand. Keep in mind that 991s are out and it will push 997.1 prices down. I would take the bird in hand. Might as well rip the band aid off. These cars were never investments.

Although it is tempting to get a little more $...if you have a willing buyer, I'd take it and go on with your next purchase.

$20k is pretty close to market. You do have some nice mods but I think I would sell.

First that's a gorgeous car. You have the ride height perfect IMO. The others are probably right in running with a good offer but you don't mention if you counter offered yet. Maybe you can negotiate another $500 to $1000 and feel better about the transaction?

Thanks for all the input. The seller was firm that his budget was $20K and that he had no ability to beyond that price, when I probed for a counter.

I'd take it - that's within the acceptable price range for sure. Take the offer, and on to the next one!!!

how many other SERIOUS offers have you received? how LONG have you been trying to sell? are you in RUSH to sell? Answers to above three should help you decide to accept or refuse this offer.

I'd ask the buyer to split the difference but that's just me. That said, as others have said, "a bird in the hand..." Some things to consider: - A new engine and transmission aren't necessarily good things to all people. - Regardless of what people say about their cars lasting forever 100K miles is still a defining point for market pricing. A car, any car, is going to drop precipitously in value when it hits that kind of mileage. While some might run from a low mileage example for any number of reasons, I'd bet there are more who will run from cars with more than 100K miles (right or wrong). - Also, while appealing to the right buyer, aftermarket add-ons aren't universally appealing to everyone. It means someone else played with "their" car even if some of the mods are improvements. You'll also find plenty of people who won't like the new wheels, radio, etc. - Accidents kill value even if they're minor. I don't know how long you've had your car for sale but I wouldn't jump at the first buyer's offer if it's below your expectations. There are a lot of buyers out there and, unless you're dying to get rid of it or have had it for sale for a while, I'd be inclined to hold out. Remember, most buyers aren't Porschephiles who live on Rennlist. Most are just astonished they can get into an $80k dream-mobile for around $20k. However, if you're going to slap yourself if you were to succumb to selling your car for $20k in a few months rather than today then just take the deal and don't look back. It all comes down to how quickly or badly you want or need to sell your car. My 1/2 of a cent, -Eric P.S. To put my opinion into perspective, I wouldn't consider your car at any price because of a few of the issues noted above...and I think your car looks great! For me, the extent of repairs done to the car suggests that it has lived a hard life (even if that's not the case) or is just ridden with bad luck and these aren't cheap cars to maintain when big items need repair. Yes, it has a new tranny and relatively new engine but it also has a lot of expensive parts with high mileage including a complicated AWD system and I'd be wondering which might be the next to go.

Sell me your x74 suspension to help make up the difference -Shawn

Sell it.

We really aren't in a position to give you advice on this. How long have you had the car for sale? How much interest has been shown in the car? Have you had any other offers? Are you in a hurry to sell? Plus, does the offer include purchasing all of the extras, or can you keep those to try to recoup some more money? I have my car for sale right now and I have learned a few things: First, this isn't the best time of year to try selling a Porsche. Things tend to pick up when warmer weather arrives. Second, the closer to stock your car is, the more potential buyers you can attract. Third, many buyers can be turned off by immediate problems such as needing to paint the front bumper and needing to replace the rear tires. I know they're minor, but potential buyers can be finicky.

To answer all the pertinent questions and offer a comment. I am in Canada. A 996 in Canada is worth 20% to 30% more than in the USA. As a measure dealers here want around $30K for 1999 to 2001 996s. Agreed mods are not for everyone and not all buyers will want this car. Car has been actively for sale for about 10 days, but informally for about 3 months (looking for a 951 + cash) This is the first offer that is not "will you take $5K, my 1999 pick-up, a motocross bike and snowmobile" Interest has been marginal (I know this is not the best time of the year, but spring is right around the corner and I was hoping to get the early birds. My hurry is not overwhelming, but I would like to be looking for a 951 and have cash in the bank to boot. The current potential buyer is being difficult and if he does not respond by end of day then I will move on.

You can wait a month and probably get more $ and more offers. For Canada, that's a very good price!

If you are in no rush say, "the lowest I will go is $21k, since it's just been on the market 10 days. If you want it you got it. If not, I will keep asking $23,500. No hard feelings. Blah, blah, blah...." GL

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Not bad advice actually.

As most have said, take the deal.. i know its on the low side.. the newer one is where you will negotiate the difference..