My 996TT trade-in value
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DOCCAO did great to get $48K. Quick & painless. 2003 996TT sold on EBay today for $43.5K. 2005 996 Turbo S sold for $54K on EBay today. 2005 996 Turbo S Cab topped out at $55K on EBay. People have been posting about 996TTs in the high $30's. That's the market, and it's only going to get worse when the snow starts falling, and the tax man comes a'calling. (wow, I alliterated! 
).
).
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DOCCAO did great to get $48K. Quick & painless. 2003 996TT sold on EBay today for $43.5K. 2005 996 Turbo S sold for $54K on EBay today. 2005 996 Turbo S Cab topped out at $55K on EBay. People have been posting about 996TTs in the high $30's. That's the market, and it's only going to get worse when the snow starts falling, and the tax man comes a'calling. (wow, I alliterated! ).
).50k and 52k miles on BOTH those ebay cars, and a private auction so nobody can 'talk' about 'issues'. Same shady looking seller... what 17+ records in carfax too.
http://cgi.ebay.com/ebaymotors/Porsc...fCarsQ5fTrucks
http://cgi.ebay.com/ebaymotors/Porsc...fCarsQ5fTrucks
82% feedback on that seller as well
That is laughable really...
I think I have a reputation as a 'low baller' on values, but I am confident that at $48k for a car with that mileage and history, daccao got screwed - and notably didn't mind. Case closed.
But do you seriously think either of those 'inmotive' cars are 'good buys' and accurately reflect anything more than a 'near salvage' sale? Lets see how soon the same cars are back on the block becuase a buyer inspected the car.
Thread Starter
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Just to clarify...the market is SOFT (econ is in the dumps). $45K was from the local Porsche dealership (where I got the car) which hasn't even sold a single car in the past eight days. Buyer's on forums are also lurking for the same lowball deals but usually without real money or approved financing. Just go to the marketplace and count how many cars actually sold within the last 30 days here and you'll see what I mean. So every owner here will eventually have to face the same dilemna one day - I chose to cut my losses now rather than later.
Anyways, Lexus offered $52K and $8K off msrp on a new LS460. Mercedes offered $48K and $32K discount on a S550. Do the math...I came out alright for only 6 hours of work and getting out of a car I no longer needed. Flipping cars every 6-8 months costs money, but its like any other addiction/disease if you can handle it right? So no sympathy asked, just describing my final hours with my 996TT (and on to the next project).
Besides, if I had money in the stock market I'd would've loss much more. Cheers!
Anyways, Lexus offered $52K and $8K off msrp on a new LS460. Mercedes offered $48K and $32K discount on a S550. Do the math...I came out alright for only 6 hours of work and getting out of a car I no longer needed. Flipping cars every 6-8 months costs money, but its like any other addiction/disease if you can handle it right? So no sympathy asked, just describing my final hours with my 996TT (and on to the next project).
Besides, if I had money in the stock market I'd would've loss much more. Cheers!
Last edited by doccao; Nov 25, 2008 at 12:52 AM.
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Just to clarify...the market is SOFT (econ is in the dumps). $45K was from the local Porsche dealership (where I got the car) which hasn't even sold a single car in the past eight days. Buyer's on forums are also lurking for the same lowball deals but usually without real money or approved financing. Just go to the marketplace and count how many cars actually sold within the last 30 days here and you'll see what I mean. So every owner here will eventually have to face the same dilemna one day - I chose to cut my losses now rather than later.
Anyways, Lexus offered $52K and $8K off msrp on a new LS460. Mercedes offered $48K and $32K discount on a S550. Do the math...I came out alright for only 6 hours of work and getting out of a car I no longer needed. Flipping cars every 6-8 months costs money, but its like any other addiction/disease if you can handle it right? So no sympathy asked, just describing my final hours with my 996TT (and on to the next project).
Besides, if I had money in the stock market I'd would've loss much more. Cheers!
Anyways, Lexus offered $52K and $8K off msrp on a new LS460. Mercedes offered $48K and $32K discount on a S550. Do the math...I came out alright for only 6 hours of work and getting out of a car I no longer needed. Flipping cars every 6-8 months costs money, but its like any other addiction/disease if you can handle it right? So no sympathy asked, just describing my final hours with my 996TT (and on to the next project).
Besides, if I had money in the stock market I'd would've loss much more. Cheers!
if some one have the car I want with reasonable price I hand them my check immediately.
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Joined: May 2008
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we're going to see a huge influx of guys getting out of their p cars... and just buying another one back in a year or so... seriously now... what can you buy at 40K to 50K that drives and feels THIS GOOD!!!
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Joined: Nov 2008
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From: College Station, TX
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Shack!
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Joined: Nov 2008
Posts: 122
From: College Station, TX
Rep Power: 23
Riiiiight.
50k and 52k miles on BOTH those ebay cars, and a private auction so nobody can 'talk' about 'issues'. Same shady looking seller... what 17+ records in carfax too.
http://cgi.ebay.com/ebaymotors/Porsche-911-Turbo-05-996-TURBO-S-RARE-1-OWNER-X50-PCCB-CARBON-NO-RESERVE_W0QQcmdZViewItemQQ_trkparmsZ66Q3a2Q7c65Q3a 13Q7c39Q3a1Q7c240Q3a1308QQ_trksidZp3286Q2ec0Q2em14 QQhashZitem330288019430QQitemZ330288019430QQptZUSQ 5fCarsQ5fTrucks
http://cgi.ebay.com/ebaymotors/Porsche-911-Turbo-03-996TT-TURBO-50K-MI-CARBON-FIBER-LOADED-NO-RESERVE_W0QQcmdZViewItemQQ_trkparmsZ66Q3a2Q7c65Q3a 13Q7c39Q3a1Q7c240Q3a1308QQ_trksidZp3286Q2ec0Q2em14 QQhashZitem330288020212QQitemZ330288020212QQptZUSQ 5fCarsQ5fTrucks
82% feedback on that seller as well
That is laughable really...
I think I have a reputation as a 'low baller' on values, but I am confident that at $48k for a car with that mileage and history, daccao got screwed - and notably didn't mind. Case closed.
But do you seriously think either of those 'inmotive' cars are 'good buys' and accurately reflect anything more than a 'near salvage' sale? Lets see how soon the same cars are back on the block becuase a buyer inspected the car.
50k and 52k miles on BOTH those ebay cars, and a private auction so nobody can 'talk' about 'issues'. Same shady looking seller... what 17+ records in carfax too.
82% feedback on that seller as well
That is laughable really...
I think I have a reputation as a 'low baller' on values, but I am confident that at $48k for a car with that mileage and history, daccao got screwed - and notably didn't mind. Case closed.
But do you seriously think either of those 'inmotive' cars are 'good buys' and accurately reflect anything more than a 'near salvage' sale? Lets see how soon the same cars are back on the block becuase a buyer inspected the car.
https://www.6speedonline.com/forums/...-59k-firm.html
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Could this be it?
http://www.cars.com/go/search/detail.jsp;?tracktype=usedcc&searchType=22&pageNum ber=0&numResultsPerPage=50&largeNumResultsPerPage= 0&sortorder=descending&sortfield=PRICE+descending& certifiedOnly=false&criteria=K-|E-ANY|M-_41_|H-|D-_386_|N-N|R-150|I-1%2c7|P-PRICE+descending|Q-descending|Y-_2004-2003_|X-popular|Z-95682&aff=national&paId=296103038&recnum=1&leadExi sts=true
Dealers asking $40k OVER trade in....
I live 10 minutes away, anyone needs a driveby
Although my guess is they try and find someone stupid with a year end bonus....
A
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Joined: Nov 2008
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From: Philadelphia
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I agree! He probably would have gotten a pretty decent offer here. I'm in the market for 996GT3, but I would have considered an 04 Turbo! Hmm, now whats the name of that stealership again?
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Joined: Apr 2006
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From: Brentwood, TN
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You cant really compare what someone gets for a trade to what they could have sold it for. OP obviously made up for the low trade in value with the smoking deal on the new S550. They could have easily gave him 10k more on his trade in value and only 22k off the new car (instead of 32k off), and everyone would have thought he got the greatest deal ever.
Aaron
Aaron
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From: chicago
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You cant really compare what someone gets for a trade to what they could have sold it for. OP obviously made up for the low trade in value with the smoking deal on the new S550. They could have easily gave him 10k more on his trade in value and only 22k off the new car (instead of 32k off), and everyone would have thought he got the greatest deal ever.
Aaron
Aaron
I agree no real value when you trade and buy another.
Its all how the numbers work.
No on is buying cars right now so if you have the means tooo buy and help the econ out.
You think you tt took a hit wait a year and see where that s550 goes!
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Joined: Nov 2005
Posts: 1,146
From: Houston, Tx
Rep Power: 86
Just to clarify...the market is SOFT (econ is in the dumps). $45K was from the local Porsche dealership (where I got the car) which hasn't even sold a single car in the past eight days. Buyer's on forums are also lurking for the same lowball deals but usually without real money or approved financing. Just go to the marketplace and count how many cars actually sold within the last 30 days here and you'll see what I mean. So every owner here will eventually have to face the same dilemna one day - I chose to cut my losses now rather than later.
Anyways, Lexus offered $52K and $8K off msrp on a new LS460. Mercedes offered $48K and $32K discount on a S550. Do the math...I came out alright for only 6 hours of work and getting out of a car I no longer needed. Flipping cars every 6-8 months costs money, but its like any other addiction/disease if you can handle it right? So no sympathy asked, just describing my final hours with my 996TT (and on to the next project).
Besides, if I had money in the stock market I'd would've loss much more. Cheers!
Anyways, Lexus offered $52K and $8K off msrp on a new LS460. Mercedes offered $48K and $32K discount on a S550. Do the math...I came out alright for only 6 hours of work and getting out of a car I no longer needed. Flipping cars every 6-8 months costs money, but its like any other addiction/disease if you can handle it right? So no sympathy asked, just describing my final hours with my 996TT (and on to the next project).
Besides, if I had money in the stock market I'd would've loss much more. Cheers!
Honestly if you posted your car up for sale at the price you got, I would've bought (and if not me, I 'm sure thth would've bought if it came out clean. I too had cash in hand and was ready to buy.
Edwin