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YOUR RESEARCHprice check on a '04 C4S
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flood-car and was too-good-to-be-true
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$49k for the 32k miles 2002 C4S with almost EVERY OPTION turned out to be a flood-car and was too-good-to-be-true.
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while i don't disagree with those prices, the psychological barrier is that $72k is entering into very slightly used 2005 997S territory.
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as you know, sites like kbb.com or edmunds.com dont really mean crap in the Porsche used market...
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my amateur bet (based on nothing more than looking at used market in my spare time) is on very low $60's, at most.
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Then in most cases I will have to service, put tires on, replace a few parts and get it appraised for insurance purposes PLUS the tax and license not to mention the SMOG fee......
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Yes, a bit inflated as they are at dealer lots, but still not in th 50's.
A friend of mine is going to put his baby up for sell. Original sticker was $98K.
He is thinking to price it at $66K...is it a fair market price?
It is a 1 owner So Calif. pampered car with 21K miles, factory warranty left, no accident or any repaint, no door ding, absolutely in "like new" condition. All service up to date at dealer with books and records.
seal grey metallic with blk leather interior, options include....
Xenon headlamp
18" sport techno wheels
aluminum X71, X70, X54
heated front seats
rear window wiper
lumber support-driver seat
bose high end sound package
remote CD changer ( 6 disc )
supple leather-front & rear
sports exhaust system
3 spoke steering wheel in carbon/leather
carbon/alum parking brake and shifter
Thank for any input!
_____________
'97 blk/blk C2S
Hi, I just opened my new Pano and there are two comps. That car is sweet! asking should be somewhere above 68k. And tell him to take NO less, given he is not in a jam!
Steve
Currently, a 2004 C4S, with UNDER 30k miles on Autotrader is listed at:
Advertised Price Range for this search
$77,000 Highest price
$64,000 Lowest price
$68,986 Average price
This is the current OPEN-Market asking prices. Start around $72k and go from there.
The '03 Turbos are bottoming out...yes. They built far too many of them, and the 997 Turbo will spank it every day. But....if someone was looking for a turbo, now would be a great time to buy a 996 Turbo.
That said, I'll keep my pristine '04 C4S Cab anyday. Absolutely stunning example of Porsche engineering, perfect daily driver, flawless condition, and if someone offered me 80K, I'd probably say no.
while i don't disagree with those prices, the psychological barrier is that $72k is entering into very slightly used 2005 997S territory. Standard 2005 C2's with low miles can be had for low $60k's-- CPO from dealers.
dont know where these numbers are coming from...
but from someone who has been seriously shopping the option of a 996, i have seen plenty 04 C4S with low miles advertised ASKING in the low 60s
You don't know where I got my numbers? They are on the open-market, listed at Autotrader.com
Low $60's is NOT $56k. You will not be able to show me ANY, 2004 C4S's with ANY miles for under $60k, much less one with 21k miles. They are advertised all over the net. Show me.
The person should start at AT-LEAST $70k and go from there.
All you have to do is look at the open-market to see what the prices are doing. A 2005 996 C4S is going for WAY MORE than a 2005 997 C2.
I don't understand why Porsche-people of all people opine when they don't understand the market.
A quick search at porsche.com for cpo'd dealer cars, 996 Turbo, under 80K reveals nine vehicles, all 2003 996 Turbos, with mileage ranging from 16k - 38k, from 74k to 80k price. Not bad. Yes, a bit inflated as they are at dealer lots, but still not in th 50's.
A similar search, using the C4S from '03, reveals about 25 cars at dealer lots, with mileage from 8k to 49k, and priced from 56k to 69k.
For 2004, a low mileage C4S coupe is bringing low to mid 70's+, while a low mileage cab is showing up to high 80's.
I'd say the asking price on the car in question in the first post should be low 70's, willing to take 68k+.
TMV's are not very accurate...come on we all know that.
As for the prices...people can ask all they want...
The 997 is out we all have to face the fact. Plus ninesixer is right. I was looking at a used 997 4k miles in the 60k's vs the 03 x50.
I agree the turbo market is flooded. The c4s is a great care. Take it to a dealer and see what they would give you....That is TMV
All you have to do is look at the open-market to see what the prices are doing. A 2005 996 C4S is going for WAY MORE than a 2005 997 C2.
That shouldn't be surprising since the original sticker on the on the C4S was around $15K more than the C2.
16k on my one owner highly optioned perfect 996TT but 2002....just under 70k.
That being said, I would get a GT1-engined car (turbo, gt2, gt3) any day if I could knowing what I know thanks to this site. Just my opinion. And, the turbo can be improved with chip/etc. to staggering amounts of power. 550hp without much fanfare, 700+ is out there by a bunch.
A turbo is just a unique beast....not for everyone...but it is for some.
I love the C4S rear panel...if I could add that to my turbo....ug.
JB
Oh dear God, here we go again with Gant ( and his following ) thinking their cars are worth more than they are. I think I'll sit this one out, but leave you with a quick thought.
Gant, I admire you drive to try an put a "number" on a car that means something to you since you have an 02 C4S, but please, you are really taking this a bit far once again.
Long story short, list it for whatever you want, the open market will dictate what it goes for. Listing price and selling price are two different ballgames. Christ, I have seen GT3's listed at 99K but ended up selling for low 80's recently. Price one way, sell another.
ps. try as you might but I am not getting back into this one. In case you didn't know, I am a changed man
It's actually pretty simple. Check Nada/KBB/Edmunds, THEN see what the open-market is doing, THEN place the car up for sale somewhere in there. If you need to sell it NOW/FAST, be willing to take the low-end. If you can wait it out, and there aren't any C4S's like yours in your area, you can get closer to the hi-end.
Pretty simple.
Oh and Dell, Im proud of you!! It takes a big-man to admit when he is wrong, and change!
2004 C4S is worth MORE than a 2005 C2.
Trade-in and TMV are two completely different things.
If a Private-sale Porsche is pristene, with all records, under warranty, it should get closer to retail than private party. The fact that CPO's are transferable ONLY from private parties and actual P-dealers helps this.
Who said I was wrong? Oh how you wish. All I said is that I am a changed man. If you need the translation......I am not getting baited anymore by the B.S. some people throw out. That's all. Time to go.
Arrrggg!!! I threw out the bait perfectly, dipped it BS to attract an attitude. I know you wanted to take it!!! GJ, Dell. You truly are a changed man!!
wasn't suggesting that a 05 997C2 is worth more in empirical dollars, but that there's a psychological component to how an outgoing model is priced/viewed when a new model arrives. someone on the 997 board just got $5k off MSRP for an 07 C2 that he ordered with a final price of $75k. The C4S is a great car, no doubt about it, but i think, barring a 996 TT, most people might be tempted to go for a slightly used 997S or even a new 997Cs than an 04 C4S.
All you can do is follow the formula that I stated earlier.
If the OP puts his car up for $56k, or anything under $60k for that matter, it WILL SELL THE SAME DAY!!
LOL it's funny how the people who own a c4s throw out higher numbers and then the potential buyers put the numbers down lower
i side with the lower. the c4s is a great car, but it's also the heaviest and slowest out of the 996 line-up. throw out all the ring times u want, but the fact is, it is a porky beast.
so if a mint '04 C4S is selling at $70K, there's no way in hell i'd pick that over a similar condition Turbo or 997S.
arr0gant, you seem a little worked up over this topic for some reason....
but i will take the bait and play along... watch this thread over the next 24 hrs, I am going to find a bunch of links and post them here... again, i am only relaying what i have seen lately as someone that loves the look of the 996 c4s and has been shopping the market... stay tuned, or i will definitely eat my words if the market has changed since i last looked...
as you know, sites like kbb.com or edmunds.com dont really mean crap in the Porsche used market... my sources are the high-line dealers and autotrader.com, cars.com, etc.
Not worked up so much as I don't wanna see the OP sell his car for 1 PENNY LESS than he should!!
Blue books DO mean crap and are a good starting point, as I said before.
Remember, miles are the single biggest factor that affect the price. Make sure the cars you look at have close to 20k for a good comparo.
Don't mind Gant. His good intentions are there but he just really has a passion for the C4S bringing in max value on the open market. For some reason he thinks the car holds value like a 993 Turbo S
Gant, You need to read the OP's post. He isn't trying to sell anything. It is his friend that is trying to sell the car. And as others have said, asking price is one thing, selling price is often something completely different.
Points taken. I can't tell you what it will sell for, but I can tell you what they are listed at in the open-market and what I expect it will fetch.
Either way, I am trying to give the best "selling strategy" to the OP's friend. That's all.
I didnt even look at cars.com, ebay, or some of the other sites out there...this is all just off autotrader.com
these will all sell for $60k even
http://www.autotrader.com/fyc/vdp.js...0&cardist=1360
http://www.autotrader.com/fyc/vdp.js...00&cardist=805
http://www.autotrader.com/fyc/vdp.js...0&cardist=1200
http://www.autotrader.com/fyc/vdp.js...00&cardist=737
http://www.autotrader.com/fyc/vdp.js...00&cardist=849
And these will sell for less than $60k
http://www.autotrader.com/fyc/vdp.js...000&cardist=16
http://www.autotrader.com/fyc/vdp.js...=&cardist=1189
http://www.autotrader.com/fyc/vdp.js...=&cardist=1355
http://www.autotrader.com/fyc/vdp.js...00&cardist=951
On the other hand, there are only ten 1998 Carreras available on autotrader w/ less than 30k mileage:
$77,000 Highest price
$58,900 Lowest price
$66,035 Average price
http://www.autotrader.com/fyc/search...=&keywordsfyc=
All in good fun....
Well, first i'll take OUT the 2003's, then I'll take the one out with almost 30k miles.
That leaves the rest that you showed at an average of $65k with the lowest being $62,888 and the highest being $66,900
Now, I am assuming that you grabbed the LOWEST-end ones listed all over the nation. This leaves other ones with the same year and similar miles going all the way up to $72k or so.
As you see, all you did was show the LOWEST-prices ones. I say the person trying to sell should price it above the lowest ones that you sent. This would leave his price around $69 or $70k. That is the price I said he should try to sell it for in the beginning.
NOW, if you see a 2004 for sale with close to 20k miles for UNDER $60k, even close to $56k, I would LOVE to see it. Otherwise, I think he should look for close to $68 or above.
I hate to break up this fun party but I am a BUYER!! Yes an active BUYER with CASSSHHHH money. The problem is that I hold this cash money close to my dog food bowl. So I am truely looking for a C4S and it will be an 03 or 04 (I really don't care) and it will have a TIP but my budget is between 45-50K just for the car. Then in most cases I will have to service, put tires on, replace a few parts and get it appraised for insurance purposes PLUS the tax and license not to mention the SMOG fee...... and that will get me into the mid to upper 50's.
Just my two cents worth. ....... and may I have a penny back to go towards the new purchase?
eric
as you know, sites like kbb.com or edmunds.com dont really mean crap in the Porsche used market... my sources are the high-line dealers and autotrader.com, cars.com, etc.
Anyone who believes differently should pull down the KBB and Edmund's tradein price for their car, and then take their car to their local Porsche Dealer and ask for a price quote. If it's anywhere near the KBB price, I'd be very surprised.
i give up....
i listed 10 c4s cars (8 of them 2004, 2 2003), that could all be bought at $60k or definitely less in the second set of cars... a couple are even listed below $60k... some i showed have 13k miles, some 23k miles...but none with high miles... not sure why your 20k mile marker is so magical...
i love the look of the car and i may get one of these or a tt someday... but i have to tell you with no offense intended, that i think your price expectations are high... i figure that i could sell my 98, add $10k and have an 04 with low mileage... says a lot for how these cars hold their value over time...
i figure that i could sell my 98, add $10k and have an 04 with low mileage... says a lot for how these cars hold their value over time...
Well it least says how well the 993 has held its value over time. Unfortuately for 996 owners, the 996 doesn't seem to be doing nearly as well.
ok. enough is enough. let's go straight to the horse's mouth on this one-- famed porsche author and expert, Peter Morgan.
http://www.petermorgan.org.uk/valuation.html
for 25 pounds, within 2-3 days after sending him detailed info on a specific car (including 7 photos), he'll come back with his valuation. we can all pitch in on the $50 or so bucks. of course, we'll have to retain a separate expert to compare the used market in england vs the us, and probably retain yet another expert to decide whether we should retain a british or american expert in the first place, but since we all obviously have nothing to do, should be fun!
kidding aside, Excellence mag (4/07) says a 2002 C4S "is worth bteween a low of about $39,962 and $45,436 for a car that's in good condition. An excellent example should bring $60,825." they said an 02 4S with 14,960 miles at $59k was a "good purchase considering the low miles...." don't know whether an '04 would command more than $10k over that-- likely not. my amateur bet (based on nothing more than looking at used market in my spare time) is on very low $60's, at most.
Sounds EXACTLY right! That $40k to $45k GOOD example would have $60k miles NOT excellent car.
$59k is a VERY GOOD price for a 2002 C4S in EXCELLENT condition with 14k miles. Add another $3k to $4k for a MY2003 and another $3 to $5k for a MY2004.
I got my "lightly optioned" 2002 C4S with 17,5k miles for $56.5k, A STELLAR deal. I've only met one person since who got a better deal on similar car. He got it for $55k about 3 months later (into winter).
I shopped the entire USA market for 4 months and that is the BEST DEAL I found. $49k for the 32k miles 2002 C4S with almost EVERY OPTION turned out to be a flood-car and was too-good-to-be-true.
I was willing to travel ANYWHERE and went half across the country to get it. So, I speak from experience. If ANYONE ELSE can tell me of ANYONE who got a 2004 with 21k miles for $56k or even close, I'm all ears!
GOOD-FREAKING-DAY!
that all being said, i recently saw on 03 4S with 17k miles, very nicely optioned, and CPO, at a p-dealer for $55k. similar deals at non-p-dealers. imo, a seller would be hardpressed unloading an 04 for more than $60k for an immaculate sub-20k mileage example.
It's hard to tell what these cars actually sell for, but I can tell you that the asking prices for 996 C4Ss is substantial. There's a Porsche Dealer near me that always asks top dollar for the used Porsches on his lot and they always linger there for a year or longer, but the guy's pricing policy never changes. As others have said, there's generally a big differance between asking and selling prices, especially for Porsches.
I have thought about selling my 2002 seal grey C4S (loaded) with tiptronic to fund my 356 project. But just couldn't go below $60,000.00. Recent 30K service, tires and alignment (500 miles). It was a CPO so is it under warranty until 100K miles or 8/2008.
If the market is that soft it just makes sense to enjoy the car. Nothing but gas and tires to 45K miles.
Gentlemen, thanks for all your inputs!
My friend is asking me to put the car up for sale for him, any interested party pls.contact me.
Cheers!
_____________
'97 blk/blk C2S
It pains me to agree with brother-Dell on this one. Tip KILLS the resale on these cars (-$5k)... and if the car is approaching 30k, that will knock another $7k off of the price, compared to a 20k car. Problem is, there are just SO many 20k cars out there.
I think $45k is the most you would get this time of year on your car.
Does anyone know how many tt were built vs. C4s? Say 2003? That should give us an idea of supply side of things... I know C4s are more rare than turbos just by looking at various auto sites.
Sorry, logic is highly flawed. If they made 2x as many turbos, they are still so much better as to be worth a lot, a lot more...
And as time goes on, the lack of the M96 engine in the turbo will just make it get more and more valuable all other things being equal.
Said another way, if you can find a turbo and a C4S for the same price...wtf would you want the C4s for? No insult meant, but the turbo is better in so many ways...just drive one.
No if you were joking....
JB
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