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

How much to ask for my car?

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Old Feb 26, 2015 | 12:34 PM
  #31  
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Originally Posted by Dirty Mac
Thanks for all the tips. I actually thought you guys were joking about selling it for parts. Now I can't tell. Problem is I would need to pay someone to uninstall the old parts, buy replacement parts and then pay to have them reinstalled. Can't see that working. So all you part vultures are SOL.
Not really in a rush to sell so I guess I will offer it at $59g and see what happens.

I messaged you re: the wheels. Sometimes easier to sell the easy to remove items sep.
 
Old Feb 27, 2015 | 12:07 PM
  #32  
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I'd like to throw my 2 cents into this convo, and maybe my viewpoint will help you price this right.. I believe I've paid the highest for a 996TT in recent time with my purchase from 911 AL at 72k..

Here is a list of questions and thoughts that I have for you to get an idea of what I would price it at.

1) How is the current condition of the paint.. If there is any scratches/blemishes, then you can knock off 5k right off the bat. I paid what I did for my car because the exterior was near flawless (99% of perfect)..

2) How is the interior? - Some interior shots would help us all give you a better estimate on sale price?
- Also the Recaro seats not being any type of OEM Porsche seats, may hurt you on this one (although they are nice seats).. Are they leather, if so any cracking signs of use on these?
- I paid what I did for the car because it had a brand new interoir with brand new seats.. Also it had a full wood grain package.. You said you have carbon fiber (which i believe has a larger market).. How is the condition of the carbon fiber? Any peeling, yellow'ing, cracking?
Can we get some detailed interior photos please?

3) Is that genuwine Techart aero or a replica? It would matter to me as a buyer, but most people prob wouldn't ask..

My opionion is that you should start with a listing of $63k, and be prepared to drop down to $59k (maybe 58k) for the car.. Also be prepared to have to replace some parts which the potential buyer might now like, and offer a discount for these parts.. You should advertise that you are flexible with some of the parts, and can replace with stock OEM porsche parts.
(i.e take the roll cage seats, and harness out, and drop the price 2-3k. Replace them with Porsche seats). .You would then have to hit the forums to sell them to cover some (or all) of the cost of the swap.
- When I bought my car, Al was willing to give me regular 996 turbo seats for a 2k discount.. I opted to take the brand new seats.. Also he was willing to remove some other parts for me as well and work the price down..

I would also advertise the car on as many forums as possible with very detailed pictures and a youtube walk around video (like Al did).. This is where your customer base is, and is where you have the best chance at selling your highly moded car.. There is a buyer for your car at the price I mentioned above.. With that being said, it may take some time to sell your car 4-6 months+.. The right buyer is out there for your car, he/she just has to find you

I think you being in Florida is a + as there may be many local potential buyers who can drive to inspect the car rather than have to fly, etc..

You have a beautiful car, and I think low 60's would be a fair price for the right buyer.

Good luck!!
 
Old Feb 27, 2015 | 01:12 PM
  #33  
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I wish I could agree but about 99% of the time modifications add 0.00 to the value of the car and most times devalues the car compared to a stock one. The 996TT maybe not so much as I think the lower price point these cars are typically at currently are attracting a tuner based crowed more than a 997TT or 993/964 marketplace but still I would be over the moon if you could get 55k out of that car but I just don't realistically see it.

I hope i'm wrong and i wish you luck with your sale but the modded car's i've seen listed seem to be listed a long time, and end up going for less money. You're attracting a lot more niche crowd with the mods on your car to begin with.

And then (at least speaking for myself) I have the mindset that this car was altered significantly, by unknown installer(s), with unknown levels of installation skill, and probably driven a lot harder than a stock car would be... again making it less valuable to me.

But that's just my .02 - and again... i want your steering wheel.
 
Old Feb 27, 2015 | 02:25 PM
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Originally Posted by daedalus
I wish I could agree but about 99% of the time modifications add 0.00 to the value of the car and most times devalues the car compared to a stock one. The 996TT maybe not so much as I think the lower price point these cars are typically at currently are attracting a tuner based crowed more than a 997TT or 993/964 marketplace but still I would be over the moon if you could get 55k out of that car but I just don't realistically see it.

I hope i'm wrong and i wish you luck with your sale but the modded car's i've seen listed seem to be listed a long time, and end up going for less money. You're attracting a lot more niche crowd with the mods on your car to begin with.

And then (at least speaking for myself) I have the mindset that this car was altered significantly, by unknown installer(s), with unknown levels of installation skill, and probably driven a lot harder than a stock car would be... again making it less valuable to me.

But that's just my .02 - and again... i want your steering wheel.
I agree with everything you've said. I don't follow the 996 market but I would assume it's similar to the 997 market. Mods add ZERO VALUE in the used market, most people end up parting and going back to OEM to sell it. You will get a lot of low ballers acting like they are doing you a favor by taking it off your hands. People find it risky to buy a modded Porsche and the majority of Porsche buyers prefer OEM, there is a very small market for modded Porsches. I've seen quite a few nicely modded 997 and most take months to sell, some still listed with a lot of interest but no real offers, some had to take a big hit and trade it in.
 
Old Feb 27, 2015 | 03:56 PM
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Like I said, only a tiny percentage of buyers belong to 6SO. We are the ones who would pay a premium. But the mods would also need to line up to what an individual buyer wants. It makes for a niche market for the modified car.

You need to mod for you for while you own it. Treat modifications as mostly sunk costs.

I'm thinking of buying a AM Vantage and putting a new built engine it. If I do that I'll have to be OK with 15% back on that at resale.
 
Old Feb 27, 2015 | 04:24 PM
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Fwiw I tried to sell my car over summer. I'm pretty modded but I felt like I was only asking market value.

I had very little interest. So little that no one even test drove it! lol.

I'm ok with that because I didn't really want to sell it. I thought I was going to have to while I was starting a business.
 
Old Feb 27, 2015 | 07:42 PM
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I wasn't kidding in post #25 about asking $69.9K. The experts, NADA says your car is worth $33K-$37K stock. Generally bank and CUs will loan a % of this and often insurance companies use this as a basis of the value of your car.

You need to find the guy that just fell off a turnip truck with a fist full of cash that loves your car and will pay whatever you ask. Believe me, they are out there. I have sold several vehicles for way too much money. It's all about emotion and timing.

What's on your side? How many Speed Yellow modded low mile TT coupes are for sale right now? I'll bet not many, check Auto Trader, Ebay, Cars.com. Now, how many of those cars have high miles, are beaters, full of issues, sketchy ownership history, repainted somewhere, missing manuals, keys, tools, no service records.

It goes without saying, your car must be an absolutely no excuse, no story car with all keys, tools records, no paint, just serviced, terrific tires, etc to command my price. You can drop from there.

I, BTW did sell my 996 C2 cab in '10 to the first guy that looked at it and drove it. I had spent 2 weeks detailing it, seats out, under frunk and motor top and underside, just serviced it, all keys, manuals, service records in a neat folder. Cleaned the windows in and out before the guy came over. It looked nearly showroom in spite of having rock chips in the paint and over 60K miles. He was blown away in every regard and he wanted my car really bad. He made a commitment within 15 minutes, no PPI. He had looked at several and mine was priced thousands more and had as many or more mies than some. Pit of the recession and I got more than high book. I saw the guy a couple of weeks ago and he is still pleased as punch!

GLWS
 

Last edited by nick49; Feb 27, 2015 at 07:51 PM.
Old Feb 27, 2015 | 08:23 PM
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When I bought my car a few things pushed me over the edge to buy it - mostly mods that were already done that I'd have wanted to do if I bought a stock car. I saved a bunch buying it already modded. I think. I'd 50s works, start higher. It's an awesome color, more pics would help though. If you don't have to sell it list it high and wait to see if it sells, you lose nothing.
 
Old Feb 28, 2015 | 06:14 AM
  #39  
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My thoughts as well are mods will add minimal and at best to the right buyer you will get under .50 on the dollar back and a much smaller pool of buyers looking at the car. I have had some tuner cars in the past (300ZX Twin Turbo/87 Grand National and others) all near mint and extremely low miles but never much money back out of my mods. I learned to try to take off what I can and sell prior to marketing the car. Its a PITA but the price we pay to play.

Even with my 996 I am already concerned as it only has 13k and I now have an exhaust, tune and short shifter. Relatively simple mods but confident it hurt my resale and to put the stock exhaust back on if I ever sold the car would be a pain. Its a heavy pig.
 
Old Feb 28, 2015 | 06:49 AM
  #40  
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Thanks for all the replies. Here are some more pictures. I'm pretty sure the Recarro seats are OEM Porsche from the GT3. Has the Porsche logo on the headrest. When I bought the car it already had most of the mods. I never even compared it to other Turbos because I fell in love with it. At the time I was really only looking for a GT3. I bought it on eBay. The seller had a Buy It Now price and as soon as I saw other people bidding on it I hit the Buy It Now button. Hopefully it will appeal to the same type of buyer.
















 
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