Whats my 996 worth!!??!

[luke1963]

considering replacing my 996 for a range rover sport but Im really not sure what its worth, my eyes popped out when a local range rover dealer only offered me £25k as I was sure its worth more than that, whats everyones opinion?

996 registered 2001 Y reg pre facelift 3.4
silver with metrapole blue leather
54,000 miles
3 previous owners
full porsche service history
new clutch at 30k

Factory accessories include:
full GT3 bodykit inc spoiler
18 inch turbo alloys (recent refurb)
electric heated seats
Becker sat nav
electric sunroof
anthracite headlining
white indicators
3 spoke steering wheel
6cd changer
Tracker

sorry if this sounds like an ad but i want to find a consensus of opinion on its value before i put it up for sale

cheers all

[Andy M]

See: www.pistonheads.com/gassing/topic.asp?t=365704&f=48&h=0

[phib]

25k sounds pretty good to me in the current 996 climate especially for a tarde in.

[luke1963]

yes Andy, i read all the PH posts every day and was amused by that one! thats why i have put this post up

[luke1963]

phib said:

25k sounds pretty good to me in the current 996 climate especially for a tarde in.

what about as a private sale, what realistically do you think is a good starting price?, i was toying with something around 29k but wasnt sure if this would be pitched right

[wanta996]

With that mileage - 25k is good for a trade in though i think privately, 2001 models are still going for 28-29, Henrys similar cars are of a lower mileage and he is looking for around 32k ish - Dont quote me on that though, LOL. I just think pre-facelifts,especially with over 40k miles are going at mid 20s, its just a shame yours fell in the 2001 bracket just before the facelift model arrived.

I can think of 3 facelift models selling privately with under 30k miles at £33k if you want to use that as a guide.

Edited by wanta996 on Wednesday 14th March 10:29

Edited by wanta996 on Wednesday 14th March 10:31

[Globulator]

luke1963 said:

considering replacing my 996 for a range rover sport

Very funny!! And it's only the morning!!

[phib]

There seem to be a fair few about anywhere between 23.5 - 30k but they are mainly from dealers and I guess offer some piece of mind and security.

So I guess advertise 27,995 accept 27,000 ish

Not sure I woild go through the hastle of a private sale for 2k though and all the risks of bankers draughts, inspections timewaster etc etc

Having said that I have just sold my 993 to a really nice guy who didn't mess me about and was a genuine enthusiast having said that and having sold this value of car before there are usually loads of timeawasters.

This is all imho and I am sure Henry will be along in a min to put me right !!!!

[Silent1]

phib said:

25k sounds pretty good to me in the current 996 climate especially for a tarde in.

was it really necessary to call the chap a tarde

[Adam B]

Luke

£27-28k sounds roughly OK for private sale. You say you'd like to start at 29 so seem to agree. Frankly I am baffled therefore why you think £25k is a bad offer on a trade in!?!?


edit to say - here's a similar dealer car (OK no GT3 kit) that would go for £30k - less than half the mileage too which makes yours a £27k car so £25k trade in is looking better and better IMVHO

www.pistonheads.com/sales/120019.htm

Edited by Adam B on Wednesday 14th March 10:48

[luke1963]

Adam B said:

Luke

£27-28k sounds roughly OK for private sale. You say you'd like to start at 29 so seem to agree. Frankly I am baffled therefore why you think £25k is a bad offer on a trade in!?!?

I think its because i never realised the amount of depreciation in one year of ownerships, bought it last year for £34k with 45000 miles on it which was the going price at the time for cars of this spec, plus it was a cash buy so the reality is that its a real £9k drop in one year.,,,maybes im just a bit too niaive to expect more.

My previous car (bmw convertible)only dropped by half that over a similar period although it was a lot newer

Edited by luke1963 on Wednesday 14th March 10:47

[Adam B]

Yep it stings doesn't it - I sympathise as I was hit for £15k for 2 years of Boxster ownership (would have been £12k if I had managed to find the car I wanted privately).

Did you buy from a dealer? If so you are selling and buying via dealers so getting thumped both ends.

Let's say you bought privately for £31k and sold privately for £27k - voila £4k sounds a lot better!

[claphamgt3]

luke1963 said:

Adam B said:

Luke

£27-28k sounds roughly OK for private sale. You say you'd like to start at 29 so seem to agree. Frankly I am baffled therefore why you think £25k is a bad offer on a trade in!?!?

I think its because i never realised the amount of depreciation in one year of ownerships, bought it last year for £34k with 45000 miles on it which was the going price at the time for cars of this spec, plus it was a cash buy so the reality is that its a real £9k drop in one year.,,,maybes im just a bit too niaive to expect more.

My previous car (bmw convertible)only dropped by half that over a similar period although it was a lot newer

Edited by luke1963 on Wednesday 14th March 10:47

Golden rule of motoring - never put money into a car you aren't prepared to see disappear down the lav come change time.......

[wanta996]

I would think twice about a Range Rover sport then Luke as the price will also collapse on that car - It seems the whole trade is a bit confusing at the moment, i recently sold a 2004 645ci Convertible for £36k which was bought new with 1 owner for £64K. 996s are falling fast though which is great for buyers but miserable for sellers who paid top dollar for them say 2 years ago, not sure if its the 997 factor or the maintenance/running costs? I am sure the guys in the trade could give a better insight.

If you do take the RR Sport option then make sure its a Diesel (No jokes about a diesel "Sport" guys) as you see 4.4 V8 X5s selling 20% less than the equivalent 3.0d's at the moment and when you consider when new there is a £20k difference in the 4.4, it is alarming, seems worse with SUVs.

[kayc]

wanta996 said:

I would think twice about a Range Rover sport then Luke as the price will also collapse on that car - It seems the whole trade is a bit confusing at the moment, i recently sold a 2004 645ci Convertible for £36k which was bought new with 1 owner for £64K. 996s are falling fast though which is great for buyers but miserable for sellers who paid top dollar for them say 2 years ago, not sure if its the 997 factor or the maintenance/running costs? I am sure the guys in the trade could give a better insight.

If you do take the RR Sport option then make sure its a Diesel (No jokes about a diesel "Sport" guys) as you see 4.4 V8 X5s selling 20% less than the equivalent 3.0d's at the moment and when you consider when new there is a £20k difference in the 4.4, it is alarming, seems worse with SUVs.

I dont think prices are dropping fast..they only drop fast if you buy and sell with dealers because of the ridiculous margins..my tt has lost just over 10% in 2 years because i bought it privately..i think thats very low depreciation

[wanta996]

True Kayc if you know what you are looking for and are willing to wait for the right car to pop up, i refuse to pay over 32k for a 2002 facelift with under 30k miles and wont pay over 38K for a simialr aged/milage C4s, as for a TT, i wouldnt pay over £45k for a standard 2002 420bhp model. Not sure what you paid when you did but unless you got a bargain i believe come selling time, you will be suprised how much its really worth.

[kayc]

wanta996 said:

True Kayc if you know what you are looking for and are willing to wait for the right car to pop up, i refuse to pay over 32k for a 2002 facelift with under 30k miles and wont pay over 38K for a simialr aged/milage C4s, as for a TT, i wouldnt pay over £45k for a standard 2002 420bhp model. Not sure what you paid when you did but unless you got a bargain i believe come selling time, you will be suprised how much its really worth.

I know how much its worth,its easy to get a bargain because dealers give such low bids you only have to beat that by £1-2k to be getting into a cheap car.Also condition starts becoming a factor on older cars and by my standards(extremely fussy)there are very few cars out there that i would buy because they arent good enough.To value a car just by year,mileage etc without viewing is rarely going to get you a mint example...because that car will usually be priced higher.My 01 tt is in better condition than the majority of 1-2 year old cars in my local opc,therefore i wouldnt sell it cheap.

Edited by kayc on Wednesday 14th March 11:35

[wanta996]

""My 01 tt is in better condition than the majority of 1-2 year old cars in my local opc,therefore i wouldnt sell it cheap""

So was my 645ci and it "sold" for cheap!

[kayc]

wanta996 said:

""My 01 tt is in better condition than the majority of 1-2 year old cars in my local opc,therefore i wouldnt sell it cheap""

So was my 645ci and it "sold" for cheap!

To be fair slightly different car and not exactly a 'rare' car the BEE-EM and still in production.

[wanta996]

I am in no way getting at you KayC - My point is you say you dont deal with dealers so i assume your car will go on sale privately if and when you decide to sell it and in my opinion no matter the condition of your car - You will only get what a similar mileage/spec/year TT is going for.