35-40 Tops.....if its perfect.

 

Commodities? are you kidding?? you mean like corn, wheat, oil?!?!

of course it is significant. why would i buy another identical 911TT for more than what i paid 2 years ago? its a used sports car that was mass produced. besides insurance companies use things like NADA and other guides. why would you buy a car for $40K when your insurance pay off for a total may be $35K

the price of a perfect low mile (<25000 miles) example may be beginning to appreciate some, but its already been killed in the decline. the pristine garage queen examples may be leveling and may even have a small bounce, but the used ones will continue to fall. its still supply and demand.

 

Agreed. I know there is some variation on how states collect (or don't) sales tax on car sales, but I think that is pretty universal. I think the poster is in NY if anyone knows how the law is up there.

I did a similar deal with our Denali. Bought it from friends for what they were offered at trade-in, but then also paid them the difference it would cost them in taxes.

Cheers

 

Thanks, everyone. It's so weird how these prices fluctuate so much. I guess it is all down to miles and condition. I get mixed feelings on miles vs. garage queen. Some feel that a car that has been driven (ie. 7k miles a year) and well maintained is preferred over a garage queen.

 

Unfortunately no. Most states charge on the purchase price of the new car, not the difference between trade in. Some states are very cool with private party sales and do not charge any sales tax for that type of transaction like NV. Most states you are on the hook for the total sales price of the new vehicle.

 

Of course, you must mean pefect for 78K miles as no car with 78K miles will be perfect. If it were perfect at 78K miles, serious money would be invested and then value would be significantly higher.

 

I have no idea about "most states", but here in Illinois we pay tax only on sale price minus the trade-in allowance. Same in Wisconsin. I believe same for Indiana as well, but I can't remember for certain.

Cheers

 

"Thanks, everyone. It's so weird how these prices fluctuate so much. I guess it is all down to miles and condition. I get mixed feelings on miles vs. garage queen. Some feel that a car that has been driven (ie. 7k miles a year) and well maintained is preferred over a garage queen."

This is a decision you will have to make...personally, I prefer a 'well-sorted' car owned by an enthusiast. "Bone Stock" with no issues and little maintenance does not equate to a premium in my book. Each deal is different. Weigh your preferences and what YOU are willing to pay for them.

 

Lucky you. Your neighbors in Michigan are not so lucky.

 

The X50 would definitely be on my list of options to definitely have (as it was when I bought my Turbo). I don't know why anybody would really prefer the smaller turbos, ICs, and less power. The spool isn't really that different, but the power difference high in the rev range definitely is.

 

I think it has more to do with the premium in price compared to simply adding a flash to the regular TT which gives you more power and torque than an X50. I wouldn't value the X50 any more than a $3K premium over a K16 TT.

 

agree, $3K at most, but used K24 sell for half that...the turbos is all you really want in the package, provided you want to build on this platform or stay with this configuration. the IC's are almost useless unless you plan to stay at the x50 level otherwise they preferentially need to be swapped out when u upgrade turbos. same goes for exhaust.

 

The mileage, at 78k, is what's holding me back on this car. Owner does have all receipts for maintenance and mods. I think I can get it for 39k-ish. Thoughts?

 

Assuming it's the color combination you want, has the receipts, and passes a good independent PPI, I wouldn't hesitate at 78k miles and $39k assuming you plan to hold onto it for a while.

Case in point I bought my 2001 with 40,500 miles about 3 years ago, and it now has 48,500 miles, so I've only averaged about 3k miles per year. So, that 78k mile car may or may not catch back up to average for a 996TT depending on your usage pattern. The key is just getting the right deal for you on the right car, and only you can decide that. The price you point out might be a little high relative to current market values, but if the car is right and the conditions are right, then only you can really say whether or not it's a terrific deal for you. Best wishes.

 

For comparison here's a locally advertised '01 $75K miles for <$31K.

Seems like a great buy. The problem is these cars look pretty scary when actually seeing them in the flesh. Very few Turbos around here, and the very nice ones priced low seem to sell within the first few hours of being advertised. I've seen a few in the low $30s and would have a hard time paying mid $20s. They remind me of a dirty, smelly old car where nothing is actually nice and everything has issues. Not what I'm interested. I'd much rather ante up another $15K-$25K and get a low miler that's like new. The driving experience and ownership is so much better, not to mention the value when it's time to sell.