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Used Porsche and Prestige Cars For Sale | Harbour Cars

Late 996 pricing.

J

Justin

New member
Joined
8 Oct 2014
Messages
41
Hi Guy's
I have been trading a few cars over the last few years, i subscribe to Cap/Glasses and have not gone far wrong to making an honest living. Now i have decided i would like my first Porsche, funds only allow 996 and have my eye on the C4S Cab. I am completely at a loss for pricing though.... for instance i've missed 3 in 3 months over pricing in that the cap guide would say a 996 C4S Cab 04 75k in black, clean is £15450 trade, £19450 retail, so i would assume somewhere around £17k to be a clean/nice private sale.
Firstly i would take retail to be tip top with ppi, 12mths mot with a full service and warranted for x number of months, then a private sale to be as is, sold as seen, at buyers peril and finally trade to be +/- the clean guide price.
Am i going mad or is it as i have seen private sale cars selling for big money that have just not been maintained, like the above example car's selling for £20-£21k. My question is are the guide books that far out?
Obviously if it is as it seems i need to save some more pennies...
When talking with the owners the common answer i get is that they got they're pricing from ebay and that's what they're fetching! even though some have oil leaks, due a service, scored discs and reluctance to allow ppi.... the list goes on lol.
I don't even mind a car lacking in service / maintenance as long as its reflected in the price. What would be your thoughts the guide book's are closer to reality, keep looking or its a sellers market shut up and put up? From what i can see 993's are an appreciating asset 996 and 997 are very much depreciating assets, again should i shut up and keep looking?
I really like the C4S Cab and would like a an 04 65k -75k what sort of price would you guy's estimate for a clean example?

Thanks
J
 
Welcome. I think you are hunting for a superb model. The 996 C4S cab is a stunning car.

I think generally the trade prices are stacked in favour of a dealer making money and don't provide a fair perspective on reality.

For example, traders always say 'the market doesn't bear trade price right now for these (whatever these are)' and then in the next breath when you point out that their retail price is higher than trade book suggests they respond 'ah well the market is strong selling those and what people pay is driving the retail price on the forecourt. I could sell that six times at that price.'

In my opinion the trade book is used as a carrot and a stick when it suits by traders but is never in my experience used consistently.

I think you can expect to spend £20k for a good coupe at that age/miles/condition and more for a cab.
 
:welcome: to 911uk J,

I can't help find it amusing that a car trader is asking punters for advice regarding values of cars. :floor:

Using the CAP or Glasses bibles are fine for most makes of car but older (10 year old+) 911s find their own market according to colour/combo, history, spec and current condition. I doubt whether many general traders would bother to spend the time or make the effort to do the research that potential buyers do. You'll need to scour not only EBay but AutoTrader and PHeads. Have a gander on this sites classifieds too.

If you're serious about buying a car for your own use you'll make that effort and there's plenty of people on here that will assist you once you've narrowed down your search a bit.

If you just want to find a car to make a few quid on you'll be on your own.

As a starter ........ I'd resist buying any normally aspirated 996 from the trade. Scour the classifieds for what looks like a nice car being advertised privately and, after comparing the asking price with similar cars, make a bid - subject to a PPI. Use the PPI results to firm up on a purchase price. Privately you should get a car for 15-20% less than you'd pay retail at a specialist.

Happy Hunting. :thumb:
 
Classic thread.

My Father was in the car trade but a grease monkey not a trader. He rented the forecourt land (he owned the whole plot) to a car dealer. He used to say 'I couldn't do that as I only see what a car is or isn't worth'.

I never really understood that.

Till now.

Good luck CarCameraRig!
 
Thanks so far guys, genuinely I'm not looking to penny pinch.... I just want to pay a fair price for a fair car, upto now I've never come across this situation, but if you guys that live and breath 911's are saying that's the way it is then alrighty. I need to save some more pennies lol.
It will be my daily as someone mentioned, not just to sell on. I like to sell 5-10k cars nice and simple and easy going but that's really only half the story it's more for fun, the rest of the time I do photography stuff and want to put the fun back into driving, in steps the C4SCab ;)
 
Pricing 911's is a strange science. You could find a ratty one that'd need £5k spending on it to get it up to the quality of the pristine dealer one, but the pristine one may seem too expensive at an initial glance. C4S prices seem to range from £16 to £23k , dependant upon mileage and condition. Cabrio's seem to fetch a higher price.
Ignore the price guides, they are frequently miles out. I work for a large manufacturer and the guides have over the summer reduced "guide" prices of some models when the dealer network can't get enough of them and are paying way over guide price in order to have stuff on the forecourt to sell. The guide is supposed to record the average auction price ( CAP ), but is way off on some models which tells me it isn't to be trusted. I feel the guides print what THEY think, not what the trade is thinking or buying at.
How often do you buy cars at "well under" book as that is what they are worth, but other stuff is always "over book". It tells you the guides are incorrect.
My thoughts are for a nice 04 C4S cabrio in good condition with no major expenditure looming, you'll need over £20k. If you find one for £17, it will have some expenditure looming and be obvious.
 
Is valuation of prestige cars over 10 years old an art or a science?
Bit of both. That apart, book prices go out the window and are biased towards a dealer knocking you down on a part-ex value or marking up a ticket price (nice tidy car, well looked after and you've obviously looked after it very well....... BUT they don't fetch much as it is STILL a 12 year old car - where have you heard that before?

That's why it is worth considering having the Insurance on an agreed valuation basis in the vent of a total loss. Those book prices probably have more relevance to cars under 5 years old and volume cars. For these Porsche 911's which are outside of both parameters, the indy's can give yfor cars that are not volume-driven. A good indy can give you a good idea of valuation based on supply versus demand - something that the silly book price ignores.
 
Some sensible advice :)
Question... Knowing how easily the modern car is to 'clock' is there a secondary OBDII/piwis test to verify actual millage against odo reading?
 
CarCameraRig said:
Hi Guy's
I have been trading a few cars over the last few years, i subscribe to Cap/Glasses and have not gone far wrong to making an honest living. Now i have decided i would like my first Porsche, funds only allow 996 and have my eye on the C4S Cab. I am completely at a loss for pricing though.... for instance i've missed 3 in 3 months over pricing in that the cap guide would say a 996 C4S Cab 04 75k in black, clean is £15450 trade, £19450 retail, so i would assume somewhere around £17k to be a clean/nice private sale.
Firstly i would take retail to be tip top with ppi, 12mths mot with a full service and warranted for x number of months, then a private sale to be as is, sold as seen, at buyers peril and finally trade to be +/- the clean guide price.
Am i going mad or is it as i have seen private sale cars selling for big money that have just not been maintained, like the above example car's selling for £20-£21k. My question is are the guide books that far out?
Obviously if it is as it seems i need to save some more pennies...
When talking with the owners the common answer i get is that they got they're pricing from ebay and that's what they're fetching! even though some have oil leaks, due a service, scored discs and reluctance to allow ppi.... the list goes on lol.
I don't even mind a car lacking in service / maintenance as long as its reflected in the price. What would be your thoughts the guide book's are closer to reality, keep looking or its a sellers market shut up and put up? From what i can see 993's are an appreciating asset 996 and 997 are very much depreciating assets, again should i shut up and keep looking?
I really like the C4S Cab and would like a an 04 65k -75k what sort of price would you guy's estimate for a clean example?

Thanks
J
Click to expand...
Make sure it has Bose, you won't regret it ))
 
peterjohnston said:
Make sure it has Bose, you won't regret it ))
Click to expand...

I thought that too when I was buying my 4S. I walked away from many cars because they didn't have Bose and I love my HiFi.
However....convertible, plus PSE.... I personally never turn the stereo on. The howl from that PSE is far too addictive.
8) 8)
 
Pse is something I have been looking for but have only seen it on one C4 cab so far...
 
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