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

Market value?

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Old Dec 24, 2015 | 09:05 AM
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All the pricing models use a depreciation model which rarely ever is representative of true market value. The 996 TT, seems to have reached a point where the values are stable and potentially have met maximum depreciation. The gap between the higher mileage 997 and the premium 996 has closed.
 
Old Dec 24, 2015 | 09:12 AM
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oh, i promise you they haven't reached "maximum depreciation"! see me in a year. mine will have gone down ANOTHER few k owing to the massive number of miles alone. notwithstanding that it will probably have several more thousand in cosmetic upgrades, in addition to my pre-emptive maintenance schedule that borders on religiously obsessive fervor LOL

i think of it as self-flagellation with $$ instead of a cat o' nine tails
 
Old Dec 24, 2015 | 09:21 AM
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Originally Posted by rmc1148
On these types of cars NADA doesn't hold up.
Did you even look at the PDF?

In an earlier post you replied:

"58k and up"

NADA has the car "valued" at $59.6K at clean retail.

It would appear NADA and you are pretty much in agreement.
 
Old Dec 24, 2015 | 09:34 AM
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Well if that's correct nada has changed drastically since I last looked and point taken.
 
Old Dec 24, 2015 | 10:01 AM
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Originally Posted by rmc1148
Well if that's correct nada has changed drastically since I last looked and point taken.
Agree!
 
Old Dec 24, 2015 | 10:07 AM
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$43,500 ...Bzzzzt

That car is much closer to high $50s Low $60s territory.
 
Old Dec 24, 2015 | 10:51 AM
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Originally Posted by rmc1148
Well if that's correct nada has changed drastically since I last looked and point taken.
For the benefit of the OP let me expand a bit...

My posting of the NADA price info was not intended to set the price. I think this is as good a place as any to put this: Price is not fact only an opinion. The seller has his opinion. NADA/et al, have their opinion. The buyer the OP in this case has or at least is entitled to his opinion and if he wants to avoid just paying what the asking price is he had better have his opinion.

My standard reply for what a car is worth is *if* the car is worth owning at all it is worth somewhere between trade in or however low the seller is willing to accept and however high a buyer is willing to pay.

My SOP is to start out around the trade in value for a used car or if a new one what I estimate the dealer's cost to be.

To avoid coming across as someone on a lark just playing at buying a car I convey with both words and body language I'm serious, that I intend to buy a car today, if not the car I'm there to buy I'll buy a car at another dealer. I have a list of other candidate cars and wave it at the salesman and sales manager. The idea is if the car dealer sees me walk off the lot he has to feel he has lost a sale to another seller. That is about as painful as it gets for a car dealer.

Oh, and just an important aside: I make it point to avoid going right at the car I'm really interested in. Instead I prefer to be rather vague about which car I'm interested in -- my notes on my target car are not in view -- and letting the salesman eventually lead me to my car thinking it was his idea not mine all along.
 
Old Dec 24, 2015 | 11:00 AM
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I won't use Geico but the one experience I had with one of their insured hitting me was good and fair - fast too. Geico gives out laser and radar guns to law enforcement - not gonna' support them lol.
 
Old Dec 24, 2015 | 11:22 AM
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As someone who just spent 6 months looking for a 996tt id say $55-60k like most others.
 
Old Dec 24, 2015 | 11:30 AM
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Originally Posted by BLKMGK
I won't use Geico but the one experience I had with one of their insured hitting me was good and fair - fast too. Geico gives out laser and radar guns to law enforcement - not gonna' support them lol.
...and progressive ( SO aptly named! ) is owned by soros. none of "us" are gonna "win" lol. they'll find a way to retrofit black box nannies that "tell on us" while driving, as a requirement of registration.... coming to a locality to us somewhere, in our lifetimes. already certain emission requirements rendered a ford? was it unregisterable!!.. egg nog tangent, sorry.

and back to nada for a moment. they SHOULD be accurate for all you guys that say they are ( and perhaps they ARE now more so than in the past ..) or within a reasonable +/- of being so. they are PRO value estimators! they should be held to higher standard than any internet conjecture relative to the "genuine" market "value" of these cars. doncha think?!
 
Old Dec 24, 2015 | 12:31 PM
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Did not know about the radar gun scenario but am curious if they don not all do the same?
 
Old Dec 24, 2015 | 12:53 PM
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Originally Posted by rmc1148
Did not know about the radar gun scenario but am curious if they don not all do the same?
well, if you're familiar with the concept of double entendre coupled with thinly veiled innuendo?

geico's "final countdown" video just about says it all. they are very clever, indeed.
 
Old Dec 24, 2015 | 01:01 PM
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Yes we are screwed regardless but every push back helps lol, will consider another insurer=suggestions?
 
Old Dec 24, 2015 | 04:01 PM
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haha. i dont even own a car! this is all just a ruse

in the immortal words of john lennon:

"nothing is real, and nothing to get hung about"
 
Old Dec 24, 2015 | 06:00 PM
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Search Geico and radar guns, plenty of links going back as far as 1992 about this. Several other companies too. No surprise really but not so,etching I appreciate.
 


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