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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Thu Jan 11, 2018 3:54 pm    Post subject: Idea on pricing when selling my 997 in the summer Reply with quote

Hi everyone,


I have just signed up here looking for some advice, due to a change of circumstances it looks like my 997 will be going for sale this summer Sad

Having purchased the car just over a year ago I have cherished it and covered about 2300 miles (300 driving back from buying it!), its a second car and has been garaged since October. It will be back on the road March with a fresh service and MOT. Rather than waffling on it maybe easier to list the main points?

- 2005 (54/lower tax)
- 3.8 Carrera S
- 63,000
- Manual
- 4/5 previous owners (need to check)
- Guards red - Immaculate, I had it detailed last year and will again before sale
- 19" multi spoke wheels
- 4 near new tyres
- FSH - Will come with a fresh service from Porsche specialist
- ** Engine rebuild 3000 miles ago by Portia craft, new cranks and cylinders re-lined, plus a few other odd jobs while engine was out**
- Upgraded oil fed IMS done while engine was rebuilt
- Plenty of extras like Sat-Nav, Sport seats, Chrono plus pack, Bose, Alcantra headlining, head light washers, phone connectivity.

In the last year the coil pack has been changed, new suspension bump stops & new AC condenser plus a couple more jobs (wear and tear).

Big folder going back years with a details history, receipts, old MOT, old sales receipts and of course a full engine rebuild receipt. It took me months to find one this clean and with all the extras and work carried out, I actually done a 600 mile round trip for it.

I have had a look online and there is some 'basic' similar mileage 997's for around 23k and others similar to mine with the rebuild and extras for about 30k which I think is too high? (maybe wrong).

Realistically what do you all think its worth based on the above?
I am planning on advertising it around June time to hopefully get a buyer within a few weeks/over summer.

Gutted to be selling it but need a bigger car so considering a Panamera or X5 M50d.


Thanks
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Thu Jan 11, 2018 3:59 pm    Post subject: Reply with quote

Also new clutch fitted about 10,000 miles ago.

The car is also ran on Nanodrive oil, no expense spared on any of the work or servicing.
 
  
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Phil 997
Brands Hatch
Brands Hatch


Joined: 05 Dec 2015
Posts: 14553
Location: Bournemouth,Dorset

2009 Porsche 997 Carrera 4S

PostPosted: Thu Jan 11, 2018 4:35 pm    Post subject: Reply with quote

I think given the work done in the rebuild and IMS sorted you should be expecting £26/28k if it was a hartech rebuild maybe a little more as they are the known market leader in rebuilds.although Portiacraft also have a decent reputation. So on a good day in the Spring you may well achieve 28k its a nice spec and good colour car Thumb
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Others Enjoy The Moment Today.
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Thu Jan 11, 2018 4:48 pm    Post subject: Reply with quote

Thanks, thats actually a little more than I thought. Once back on the road I will get some pics and update the advert.

There is a few things I have missed out which I think will help with the sale anyway.

Do you think its worth advertising for around £28500 and taking an offer?
Maybe a member on here has a nice Panamera and would like to do a deal nearer the time Wink
 
  
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DucatiRob
Barcelona


Joined: 22 Jul 2015
Posts: 1404
Location: Milton Keynes

2006 Porsche 997 Carrera 2S

PostPosted: Thu Jan 11, 2018 5:10 pm    Post subject: Reply with quote

Sounds like a nice car with all of the known problems sorted out! I know Potiacraft and they have a good reputation, not sure who does their engine rebuilds, or at least fits the liners anyway, are they steel liners or aluminium?

If you can get between £26k and £28k for it then I think that would be a fair price! Let us know how much it goes for Thumb
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Phil 997
Brands Hatch
Brands Hatch


Joined: 05 Dec 2015
Posts: 14553
Location: Bournemouth,Dorset

2009 Porsche 997 Carrera 4S

PostPosted: Thu Jan 11, 2018 5:11 pm    Post subject: Reply with quote

NE2017 wrote:
Thanks, thats actually a little more than I thought. Once back on the road I will get some pics and update the advert.

There is a few things I have missed out which I think will help with the sale anyway.

Do you think its worth advertising for around £28500 and taking an offer?
Maybe a member on here has a nice Panamera and would like to do a deal nearer the time Wink


I think thats the ideal price to advertise it at and I would also add a free add on this forum advertising the car, and to be honest unless your planning on using the car between now and the spring stick the add on now and if you get an acceptable offer let it go earlier rather than waiting. Thumb Thumb
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Others Enjoy The Moment Today.
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Thu Jan 11, 2018 7:28 pm    Post subject: Reply with quote

Thanks again, I might stick it up around May time so it gives me some time to sell it. Its going in for an MOT, service and full detail first week out of storage so once thats done I would like to have a couple of months use out of it at least.

I think the liners were alu from memory, to quote from the receipt ' Remove, strip and rebuild engine with new liners and pistons on cylinders 4/5/6 plus piston rings on all 6 and cylinder timing chain set'. The car has actually been bought and sold by Portiacraft twice (I have the old receipts over the years) so they know it well and from what I hear they wont take any old tatty Porsche back in PX.

The oil fed IMS was also fitted with the above for £1100 and the brake and gearbox fluid done.

The following month the car went in to Porsche London and had the coolant hoses replaced due to a minor leak.
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Wed Jan 31, 2018 6:18 pm    Post subject: Reply with quote

The car is booked in for an oil & filter change on the 15th Feb, bit earlier than planned but gives me time to get out in the car and get it detailed etc.

I have a member on here interested in it already but just a heads up in case any one is looking for a 997 in the coming months.

I will also post pics in the coming weeks and stick a for sale advert up just after.
 
  
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michaelbbwalker
Trainee


Joined: 23 Nov 2016
Posts: 62
Location: Cardiff

2005 Porsche 997 Carrera 2S

PostPosted: Wed Jan 31, 2018 11:30 pm    Post subject: Reply with quote

how important is mileage when it comes to asking price? not wanting to hijack your thread, I have a 997 similar age, hartech engine, but around 95k miles... how important is mileage Smile
 
  
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T8
General
General


Joined: 29 Jun 2010
Posts: 14706
Location: Kent


PostPosted: Thu Feb 01, 2018 12:06 am    Post subject: Reply with quote

michaelbbwalker wrote:
how important is mileage when it comes to asking price? not wanting to hijack your thread, I have a 997 similar age, hartech engine, but around 95k miles... how important is mileage Smile


Sadly, very. 95k is close to the dreaded psychological 100k barrier. Hartech engine is a definite + but your target audience will be smaller.
_________________
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ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Wed Feb 21, 2018 8:32 pm    Post subject: Reply with quote

Bit of a heads up for anyone potentially interested. The car has just had its oil & filter done and booked in for an MOT tomorrow.

I will be putting an advert on here this weekend, the price will be £28k.

I have a good/reasonable offer from 911Virgin on the table so wont be taking any silly offers.
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Wed Feb 21, 2018 8:36 pm    Post subject: Reply with quote

The mileage is approx 62,500 at the moment as well.
 
  
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Aphill80
Trainee


Joined: 08 Sep 2015
Posts: 75



PostPosted: Thu Feb 22, 2018 3:17 pm    Post subject: Reply with quote

I would say your pricing theory is solid at £28-30k lower end is top private and top is the beginning of the trader pricing

while it might be a slower sale and will take the time to find the right buyer that understands the price

Ive just gone through the process of getting mine insurance valued and part of that process was to review the market for similar cars taking into consideration spec (options) maintenance, millage and age to establish the true cost to replace.

its seems GOOD cars with GOOD history are hard to find and command ££££ regardless of what Autotrader is saying. skip past page 1 on autotrader and they shoot up quickly.

new clutch, flywheel and coolant hoses are very common along with the major service and ALL fluid including transmission are now coming into scope for the 12yr old 60k mile car... ive just done the lot and it set me back a little over £4k

best of luck with sale, I have a similar car 1yr newer same spec plus PCCB's and PSE and its been valued for insurance at low 30's

good luck with the sale
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Thu Feb 22, 2018 6:45 pm    Post subject: Reply with quote

Thanks for the info. I might list it at £28,999 then and see how it goes.
I have just had the car MOT'd today, passed with no advisories.

The advert should be up tomorrow or Sat so I will see how things go over the next week or two.
 
  
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saxon46
Silverstone


Joined: 16 Mar 2015
Posts: 139
Location: south wales boy bach


PostPosted: Thu Feb 22, 2018 7:00 pm    Post subject: Reply with quote

Get some piccies up......always helps thumbsup thumbsup thumbsup
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Thu Feb 22, 2018 7:34 pm    Post subject: Reply with quote

I will upload some this weekend, I dont have many on my laptop unfortunately but here is a video from when it was detailed. Done about 500 miles since then so its identical to that Smile

https://www.facebook.com/theshiningmonkeys/videos/878659965631892/
 
  
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uk996
Trainee


Joined: 09 Jan 2018
Posts: 92
Location: Home Counties


PostPosted: Fri Feb 23, 2018 12:12 am    Post subject: Reply with quote

Problem at £29K, it's at at retail price of RSJ, 911v etc They will offer dealer facilities and a warranty that they will stand behind.

I'd say closer to 26-27K to make it worth someone taking the chance.

GLWYS
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Fri Feb 23, 2018 10:09 am    Post subject: Reply with quote

Thanks. Maybe £27,950 will be the best choice?

I have an offer from 911Virgin for £25,000 so will see how things go. I would imagine they will list it for about £30- £32k and I think it will sell for that, it has everything a serious 997 buyer wants from a car so should hold a premium.
 
  
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NE2017
Newbie


Joined: 11 Jan 2018
Posts: 18



PostPosted: Fri Feb 23, 2018 10:11 am    Post subject: Reply with quote

Also forgot to ad mine has PSE as well. The suspension was taken out last year and inspected, both bump stops were replaced and the struts were fine. MOT tester also double checked as I asked him to have a look over them and no problems recorded.
 
  
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Aphill80
Trainee


Joined: 08 Sep 2015
Posts: 75



PostPosted: Fri Feb 23, 2018 10:51 am    Post subject: Reply with quote

I read somewhere on here (trying to find link) that private realistically is +10% over trade offer

then your at £27.5k

Marketed at £28k for negotiation room.
 
  
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