Are rebuilt 997s really £25k?
Discussion
[link]Really?|https://www.prestigeandperformancemotors.co.uk/used-cars/porsche-911-3-8-997-carrera-s-2dr-202005169362621[/link]
Ok, so it's high miles and not a very popular colour, but apparently the rebuild was £14k so I assume it was done properly. Seems like a cheap price once you take that into account?
Ok, so it's high miles and not a very popular colour, but apparently the rebuild was £14k so I assume it was done properly. Seems like a cheap price once you take that into account?
Does look remarkable value indeed. Think the 997.1 is suffering a bit from the squeeze between 996 C4S which seem to be very desirable at the moment, and 997.2 just above which have a much better interior and stronger engines.
Look at the 40th anniversary which nobody wanted until a few months ago and now is fetching 34.7k inc premium on collecting cars and on Steve Bull specialist cars... almost like special 996s were back in fashion after a couple of youtubers got some and started to refresh them (most likely with other peoples money admittedly, as they can be a money pit if they had not been looked after properly).
Look at the 40th anniversary which nobody wanted until a few months ago and now is fetching 34.7k inc premium on collecting cars and on Steve Bull specialist cars... almost like special 996s were back in fashion after a couple of youtubers got some and started to refresh them (most likely with other peoples money admittedly, as they can be a money pit if they had not been looked after properly).
AyBee][link said:
Really?|https://www.prestigeandperformancemotors.co.uk/used-cars/porsche-911-3-8-997-carrera-s-2dr-202005169362621[/link]
Ok, so it's high miles and not a very popular colour, but apparently the rebuild was £14k so I assume it was done properly. Seems like a cheap price once you take that into account?
Is it the Full Monty Hartech rebuilt. Have to check the detail on any of these cars...Ok, so it's high miles and not a very popular colour, but apparently the rebuild was £14k so I assume it was done properly. Seems like a cheap price once you take that into account?
Andyoz said:
AyBee][link said:
Really?|https://www.prestigeandperformancemotors.co.uk/used-cars/porsche-911-3-8-997-carrera-s-2dr-202005169362621[/link]
Ok, so it's high miles and not a very popular colour, but apparently the rebuild was £14k so I assume it was done properly. Seems like a cheap price once you take that into account?
Is it the Full Monty Hartech rebuilt. Have to check the detail on any of these cars...Ok, so it's high miles and not a very popular colour, but apparently the rebuild was £14k so I assume it was done properly. Seems like a cheap price once you take that into account?
There's a chap on 911uk forum who bought one very similar last week (Carrera S, 90k-odd miles, full rebuild) for about £23k and the consensus from the chaps on there was that is was a fair price.
Given the engine is the really only potentially ruinous thing on these cars, you'd have to say it's pretty decent motoring for the money.
Given the engine is the really only potentially ruinous thing on these cars, you'd have to say it's pretty decent motoring for the money.
Andyoz said:
^^^ that price sounds about right. Sometimes they only do banks 4-5-6 to cut costs as this bank is more prone to scoring.
I agree as a good friend had his 996.2 fully rebuilt by Hartech for similar amount & that was using their uprated pistons etc. It’s a frightening price initially vs the cars’ value but the Hartech engined cars are starting to show more return on the cost IMO when sold on afterwards (assuming they’ve been well maintained after the rebuild). My BIL had a 50k mile 997 C4S show signs of needing a rebuild about 5 yrs ago & he’d maintained it to the schedule & bought it at 5k miles with FSH - he sadly bailed out for a BMW before I could intervene but it just shows how easily it can happen.Jefferson Steelflex said:
There's a chap on 911uk forum who bought one very similar last week (Carrera S, 90k-odd miles, full rebuild) for about £23k and the consensus from the chaps on there was that is was a fair price.
Given the engine is the really only potentially ruinous thing on these cars, you'd have to say it's pretty decent motoring for the money.
That might have been the black one on AT as it's gone now.Given the engine is the really only potentially ruinous thing on these cars, you'd have to say it's pretty decent motoring for the money.
There was a really nice black 997.1S with about 60k miles that was advertised for just under £30k and it's gone so he must have got near to that. The car had been totally gone over though.
I’m on the lookout for a rebuilt 997 like this on a relatively modest budget - trying to track values and figure out what’s realistic. This car is in in my preferred colour and spec but am not keen on the blue interior unfortunately.
It’s been for sale for a reasonable amount of time (27 weeks according to my auto-trader ‘saved vehicles’ marker) which in normal circumstances would lead me to think it’s priced high.
Of course all the current restrictions I think are a mitigating factor as you’d want to view / test drive / arrange an independent inspection with this sort of car, but even so I suspect it’s over it’s money - albeit not hugely - and that’s possibly influenced by the fact it’s offered as a consignment sale where dealer does not have cash tied up in it and are trying to achieve a good price for their customer.
I put it into my garage on the app to check their figures and it’s telling me that Private retail is around £21,600 and trade value £18,250 whereas the live listing suggests it’s a ‘good price’ and £3,750 under average @ £25k and would infer they expect a markup of over £10k which seems crazy on an older example (I’d expect that from an OPC on a car under 5 years old but not here)
Is the Hartech rebuild worth something? To me undoubtably yes (I wouldn’t buy without one) and I suspect also to other enthusiast buyers who know about these engines, but it will also undoubtably put off a massive number of potential customers (many of whom get scared when you mention engine work) comparing this against a lower mileage example for similar money and not really thinking of mechanical condition.
These is also the looming 6 digit odometer reading which ultimately has an effect on desirability and values, in my experience selling commercial’s it’s enough for many people to discount a vehicle completely.
What’s it worth? I feel it would it move at £22,500 / 10% off but wonder what you would get to in a negotiation with the seller as ultimately the owner (their customer) will have set a lower limit for it to return and might well be hurting from a big bill from the engine rebuild and holding out to recoup some of that investment... I know I would be hopeful!
Ultimately as a buyer I’d be thinking about what I might get back in 2 years time with a little over 100k on the clock - £16k trade / £18k private sale / £20k retail advert seems likely unless the market strengthens.
It’s been for sale for a reasonable amount of time (27 weeks according to my auto-trader ‘saved vehicles’ marker) which in normal circumstances would lead me to think it’s priced high.
Of course all the current restrictions I think are a mitigating factor as you’d want to view / test drive / arrange an independent inspection with this sort of car, but even so I suspect it’s over it’s money - albeit not hugely - and that’s possibly influenced by the fact it’s offered as a consignment sale where dealer does not have cash tied up in it and are trying to achieve a good price for their customer.
I put it into my garage on the app to check their figures and it’s telling me that Private retail is around £21,600 and trade value £18,250 whereas the live listing suggests it’s a ‘good price’ and £3,750 under average @ £25k and would infer they expect a markup of over £10k which seems crazy on an older example (I’d expect that from an OPC on a car under 5 years old but not here)
Is the Hartech rebuild worth something? To me undoubtably yes (I wouldn’t buy without one) and I suspect also to other enthusiast buyers who know about these engines, but it will also undoubtably put off a massive number of potential customers (many of whom get scared when you mention engine work) comparing this against a lower mileage example for similar money and not really thinking of mechanical condition.
These is also the looming 6 digit odometer reading which ultimately has an effect on desirability and values, in my experience selling commercial’s it’s enough for many people to discount a vehicle completely.
What’s it worth? I feel it would it move at £22,500 / 10% off but wonder what you would get to in a negotiation with the seller as ultimately the owner (their customer) will have set a lower limit for it to return and might well be hurting from a big bill from the engine rebuild and holding out to recoup some of that investment... I know I would be hopeful!
Ultimately as a buyer I’d be thinking about what I might get back in 2 years time with a little over 100k on the clock - £16k trade / £18k private sale / £20k retail advert seems likely unless the market strengthens.
Andyoz said:
Jefferson Steelflex said:
There's a chap on 911uk forum who bought one very similar last week (Carrera S, 90k-odd miles, full rebuild) for about £23k and the consensus from the chaps on there was that is was a fair price.
Given the engine is the really only potentially ruinous thing on these cars, you'd have to say it's pretty decent motoring for the money.
That might have been the black one on AT as it's gone now.Given the engine is the really only potentially ruinous thing on these cars, you'd have to say it's pretty decent motoring for the money.
There was a really nice black 997.1S with about 60k miles that was advertised for just under £30k and it's gone so he must have got near to that. The car had been totally gone over though.
There was a silver 997.1 C2S for sale last at the tail end of 2019, maybe into 2020, circa 110k miles, receipts for a Hartech rebuild and it was up for around £18k IIRC. It's mental how prices have risen recently. There was always a handful of sub £20k, decent 997s around throughout 2019, now they're few and far between.
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