996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

Is this a good price??

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Old May 16, 2005 | 08:27 PM
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Is this a good price??

Is $63.000 a good price for a stock 2001 996 Turbo, 6spd, with 28,000 miles? It has full black leather including dash, navigation, power seats and so on.. It is also single owner car who has probably never been over 5k rpm's.... yes older man that definately drives slow.
 
Old May 16, 2005 | 08:30 PM
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wow. what are u waiting for then.
 
Old May 16, 2005 | 09:00 PM
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Holy **** that's a good price Billy... you are crazy.. don't let me get started on that car
 
Old May 16, 2005 | 09:07 PM
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WOW! That sounds like a fantastic deal assuming the car is good condition.
 
Old May 16, 2005 | 09:08 PM
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Damn - buy it or pass of the information so I can
 
Old May 16, 2005 | 09:20 PM
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I got to drive it today and I'm trying to convince my friend to buy it so we can cruise. It drives like new and the motor feels like it was just broken in... very strong. Tranny shifts like a champ and the clutch still feels new. I will let you know the outcome..
 
Old May 16, 2005 | 09:30 PM
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That's within $2k +/- of the lowest current auction wholesale price nation wide. Either it's a really good deal, or it's got a skeleton in the closet. Have a PPI done very thoroughly, remove the wheels, look inside all body panels, remove boot liner and inspect, examine suspension and chassis very closesly, look at the VIN report and then dig deeper for any evidence of anything that would compromise chassis integrity.

Most phenomenal deals turn out to be "too good to be true". It's definitely possible to come across a smokin' deal that's for real, happens every day somewhere, but just rule out everything by playing detective and forensic examiner.

I almost pulled the trigger on a beautiful, super low mileage '94 Turbo 3.6 last year after several detailed conversations with the owner, talking to both service companies that it had history with (and both did a PPI, one a Porsche dlr, the other a private svc company), running VIN report, looking over all records and inspection reports, etc. I even went up to Monterey to examine the owner and drive the car. In the end, I found out it'd had a salvage title in another state, then was brought into CA and "title washed", giving it a CLEAR CA TITLE!

The owner was a professor, had sons playing ball at SC, was an author, totally beyond reproach. But he couldn't understand why I was pissed. And I couldn't understand how he could try to pass off a car with huge question marks to unknowing people. I phoned the Porsche dealer and the other service company, informed them of the hidden salvage history so they wouldn't be unknowingly involved in misleading the next guy.

Buyer beware is the rule. Do everything to examine the car regardless of how good things seem. If it checks out, you're golden. If it doesn't, you may've saved yourself a lot of money.

Good luck, hope it's the real deal, and if so, congrat's! It's fun to be the one who finds treasure first!
 
Old May 16, 2005 | 09:34 PM
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Makes me gald to see my car is a lease...

Great deal..
 
Old May 16, 2005 | 09:51 PM
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Tomorrow it is going to the dealer who sold (for $114k) and serviced the car to date for a full inspection. If all is well this just might be a lucky deal. If so the mods will begin shortly thereafter.
 
Old May 16, 2005 | 10:21 PM
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Oh dear billy.. you're in for some serious trouble and power then Good luck!
 
Old May 16, 2005 | 10:38 PM
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Yeah, I will be in trouble cuz my friend will be kickin my *** after a visit to Akkurat.....
 
Old May 16, 2005 | 10:43 PM
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Originally posted by Super D
That's within $2k +/- of the lowest current auction wholesale price nation wide. Either it's a really good deal, or it's got a skeleton in the closet. Have a PPI done very thoroughly, remove the wheels, look inside all body panels, remove boot liner and inspect, examine suspension and chassis very closesly, look at the VIN report and then dig deeper for any evidence of anything that would compromise chassis integrity.

Most phenomenal deals turn out to be "too good to be true". It's definitely possible to come across a smokin' deal that's for real, happens every day somewhere, but just rule out everything by playing detective and forensic examiner.

I almost pulled the trigger on a beautiful, super low mileage '94 Turbo 3.6 last year after several detailed conversations with the owner, talking to both service companies that it had history with (and both did a PPI, one a Porsche dlr, the other a private svc company), running VIN report, looking over all records and inspection reports, etc. I even went up to Monterey to examine the owner and drive the car. In the end, I found out it'd had a salvage title in another state, then was brought into CA and "title washed", giving it a CLEAR CA TITLE!

The owner was a professor, had sons playing ball at SC, was an author, totally beyond reproach. But he couldn't understand why I was pissed. And I couldn't understand how he could try to pass off a car with huge question marks to unknowing people. I phoned the Porsche dealer and the other service company, informed them of the hidden salvage history so they wouldn't be unknowingly involved in misleading the next guy.

Buyer beware is the rule. Do everything to examine the car regardless of how good things seem. If it checks out, you're golden. If it doesn't, you may've saved yourself a lot of money.

Good luck, hope it's the real deal, and if so, congrat's! It's fun to be the one who finds treasure first!
Luther has been trying to sell that Yellow/dove grey car for years now.... So glad you didnt get it as it was in a horrific accident.... I know all kinds of details if you want to confirm all your questions.
PM me.
 
Old May 16, 2005 | 10:43 PM
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Originally posted by bpanos
Tomorrow it is going to the dealer who sold (for $114k) and serviced the car to date for a full inspection. If all is well this just might be a lucky deal. If so the mods will begin shortly thereafter.
bpanos: Cool. Hope it turns out great--the suspense is exciting! I hope it's one of those rare finds. Just think, that's about 10 grand you saved that can be put right into the mod account!


fasteddiett: PM sent. This oughta be "interesting"...
 

Last edited by Super D; May 16, 2005 at 10:49 PM.
Old May 17, 2005 | 08:28 AM
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Originally posted by Super D
I almost pulled the trigger on a beautiful, super low mileage '94 Turbo 3.6 last year after several detailed conversations with the owner, talking to both service companies that it had history with (and both did a PPI, one a Porsche dlr, the other a private svc company), running VIN report, looking over all records and inspection reports, etc. I even went up to Monterey to examine the owner and drive the car. In the end, I found out it'd had a salvage title in another state, then was brought into CA and "title washed", giving it a CLEAR CA TITLE!
Great job of due diligence. To help us all so that we're not victims of other "professors...beyond reproach"...how did you discover the car had a salvage title?
 
Old May 17, 2005 | 02:24 PM
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All I can say is, if it's important enough to buy, run 2 competitive VIN reports, and then have your insurance agent run a Clue Report (or a broker may need to run it, some of the agents don't have access), try to uncover repairs that don't show up with the VIN record through DMV. Some repairs are paid for privately to cover tracks. The Clue Reports dig up info that doesn't show up on Carfax and other VIN report agencies. This particular car owner was hiding information and he had the past title info with him when I showed up, but he kept it concealed until the last second. Remember that your life and your friend's or family member's life may be affected by buying a car that doesn't handle impact properly, and it's not worth risking your life for a monetary savings--ever. Knowing the car hasn't been totalled is the first step in protecting yourself so you can have fun driving for a long time to come. If you buy cars often, find out who restores cars locally, builds race cars and repairs them, find the best expert you can to do backup inspections to add to your dealer's PPI. With that and the background checks, you're being pretty thorough and should eliminate BS deals.

Btw, a close friend had a Clue Report run on a car he had already purchased, and after he'd had a PPI done at one of the best P-car shops around and run a carfax...guess what?...a FORTY THOUSAND DOLLAR REPAIR was discovered. Not good. Things aren't always what they seem.

There are definitely some golden deals out there, you just have to weed out the "fool's gold", that's all.
 


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