996 prices at dealers are off the charts....

Taken this morning at Herb Chambers Porsche in Boston.

Yeah, some dealers are clearly out of their minds. Not sure on the value of this particular car but I have seen ordinary C2 with tons of miles on them for over 30k... Meanwhile similar private party cars are selling for half that. Makes me want to buy a car private party and see what these dealerships will give me for the trade in towards a brand new Porsche

A couple months ago when I was there a 2003 C4 sold for $38K. It had been offered at $40K.

Always someone with more $ than knowledge

A dealer near me has a 2004 C4S listed somewhere in the mid-$40s.

To the un-educated Porsche buyer, it looks like a bargain compared to the $100k plus it can take to get into a new one !

They're only as crazy as the buyers who continue to buy them. When I was looking a couple of years ago, a local dealer had a bare bones C4 Cab priced in the mid-40s. I'm sure I still have the emails somewhere but suffice it to say they were adamant about their pricing. Sure enough the car sold. I'm not saying their pricing is right or that I'd pay their prices...but...maybe their prices aren't completely off base either...at least as long as there are people continuing to pay those prices. -Eric

I did notice that blue book values have crept back up recently....but that's an aggressive price. As someone else pointed out it make me want to take my car over for a trade in.

Look at the miles, 18K...that's why the price is so high. That car only saw 2k a year. Where my car has had the wheels driven off of it with an average of 3,200/year!

I just spent the last year and a half aggressively looking for the "right" 02-04 911, and IMO the prices have gone up significantly in the last 6 months across the board - dealers, ebay, autotrader, etc.

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Seasonality..as we get towards winter prices will drop again

Yes that's true, but they went up last Summer and didn't go down last Winter. At least not that I noticed, and until last month I was hitting refresh on all my saved searches several times an hour. Well not quite that often, but often.

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This,and some would rather buy from a dealer that could offer their reputation, service, warranty, and a detailed and sorted out car. These factors are worth it to some in factoring in the price.(not me though)

I couldn't find too many wholesale auction numbers, but here are some for 2004: 911 C4 Cab 03/07/13 RIVRSIDE Regular $49,500 10,723 911 C4S Cab 04/03/13 PALM BCH Regular $42,000 34,588 911 C2 Cab 06/28/13 PA Regular $36,000 18,576 That doesn't count auction fees, recon...and no PPI's here!! These are before profits too...hard to believe they get these numbers, but then again there is always some rich guy that says "I always wanted one" and pays full retail. Let's just all hope we find one of those when/if we decide to sell!!

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Not sure about seasonality, esp for west coast, but imho, the bid-ask spread is super wide. Therefore, if comparing one bid to the ask, it appears to have gone up, and vice versa. Here in SF area, 02-04 c4s with 50 to 70k miles asking between $30 to $40k. Slightly more if want cab. The biggest misconception is that dealer cars are cleaner and more reliable. I find them often lower miles, but not always better. PL

We have a ford dealer down the road with a 2000 cab. They have 34,995 on the window

I don't know. I have been looking for a number of months now for an 00-04 cab and have really found many (not all) dealers to be more reasonable than many private owners. I find many of the private Porsche owners to still be "in love" with the cars they are trying to sell. The one owners are the worst- I realize these cars carry a premium, but I think many of them simply cannot believe their $100k cars have depreciated that much.

The key is to ask if they are interested in selling the car or need to sell...this helps explain why the bid-ask spread is so wide, and such a wide variace for similar yr car. PL

Seeing higher prices here too and seemingly rising since last winter.... Mid 30's for a 02-04.

Sounds you guys are complaining ? We all love 996's , that's why we're here on this forum I believe some of the lower prices we have experienced were due to a terrible economy . Now there are many more porsche guys back in the game and the laws of supply and demand are in effect. This is good for all of us , right ?

I looked at a 2000 c2 cab at Dealer, Carter Honda, they were asking 25900. First stop sign i could tell the clutch was done. I kept smelling it the rest of the test drive, 141,000 k 87,000 miles. think that turned me off dealers for good. Sales man claimed to know nothing about it.

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Theyve had that car for over a year. Theyve come down on it too...i think they were asking 32 ish last year and clauming it was the cleanest 911 in canada! lol. But if its not sorted then no wonder its still there. I emailed them last year and gave them **** for putting that huge Carter badge on the deck lid.

I have seen them in 40's down here I S. Florida.

I Don't remember that carter badge, think its gone, looking under the car and saw a rag hanging down. getting a private owners car checked out at dealer friday morning. will post how it goes

Check out this one: http://cgi.ebay.com/ebaymotors/996-/...orcev4exp=true $35,900 for a one-owner 2001 turbo with all maint. records, a few good mods, and 78K miles. He's just up the road from here and I am SOOOOO tempted! If I had more room in the garage, I'd buy it in a flash.

i just checked the price of my millenium edition, and although it may be skewed because of the special edition. KBB says it is worth 38K with 35K miles on it. WHAA?

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that is a whole lotta car for that money. Hard to believe that it's well sorted and nothing wrong for that kind of money

The car's in Laguna Niguel, which is an extremely affluent community. I believe they have a weekly service, where dump trucks dump a big pile of cash in each resident's yard. I wonder why the car's still listed? It was a 6-day listing. No takers??? Why??

An odo of 79K miles could explain its low valuation, but it is still a very attractive price compared to some of the estimates of previous posts. Worth a trade perhaps for some local in Ca.

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I'm tempted to fly down this weekend and drive her back home to Norcal. If someone looks at this car, please report condition and findings.

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john, our cars almost look like twins. yes, this turbo looks great - nice upgraded wheels and shifter. if i didn't just...geez, i better not even go there, lol. PL

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You have an awesome looking C4S. I looked at your car when it was up for sale and wanted to buy it. I snoozed and you bought it. The stiff clutch and RMS leak were my only concerns. Sounds like you got those things fixed and now have a perfect car. I regret not buying it. Congrats!

Some good deals to be had but there is def some uncertainty on pricing. Wide range of prices and mileage only seems to come into play above 100k or below 30k.

I work with a wholesaler who deals in high end cars and these cars can be tough to put a number on for a number of reasons, and they are heavily influenced by condition and mileage. A bad CarFax can kill the value of a car; and while low miles (25,000 or less) can raise the value, high miles (over 50,000) can really hurt it, particularly when you get over 75,000, which as was noted, might be the case here. Rightly or wrongly, a P-car over 75,000 is often considered tired and given the cost of Porsche repairs, nothing but trouble. If you follow dealer prices closely, I think you will find the Porsche dealers tend to be somewhat consistent, but other dealers can be all over the boards.

I just had my 03 Cab professionally appraised last month for insurance and it came back at $38000.00 (Canadian), I know appraisals can go either way but it was more than I thought I was going to be.