Dave,

PM sent

 

I don't know where you guys are looking but I see 01's in the high fifties and and 02's in the mid 60's. These are asking prices so I would think there is 1-3K float in there as well.

 

Sure there are some in that range. I'm sure after careful inspection you would find why they are the cheapest in the marketplace. There are lows and highs, but the median is the most important tool used to identify current value.

Don't know about you, but when I'm searching for a highline car I don't buy the cheapest one cause it is the cheapest. You usually get what you pay for.

 

100% Agreed.... You will always have those guys that will buy the cheapest one on Ebay???

 

A few in the 50's does NOT indicate Market Value like the original poster asked!

 

I completely disagree, the bottom of the market is the market. I have seen several examples and most all are in exceptional condition, they are Turbos after all. Good service histories and accident free cars. I have only seen one that I really thought was marginal and I am as picky as any of you. No buyer in their right mind looks for the median price I mean seriously do you?

If you don't believe me, try selling one for top dollar. Not saying you can't but the cards are stacked against you.

 

I tend to agree with 05997S a little more.
With a cluster of cars in the lower price ranges, that is where people first start to look. Sure some might be trashed, but you will find the clean exceptions in there also. Just how the market works, IMO. Nobody goes into a car purchase looking at the upper tail of asking prices. You want the nicest one for cheapest amount - so you start at the bottom, and move up until you find that clean one. It's normally NOT the cheapest one you find, but maybe not too far up.
So, either they are "only worth" that amount, or the trashed ones are bringing everything down with them.

 

all the "cheap" cars have high miles, blah colors and most are tiptronic

 

Pm responded to thanks!

 

Sorry, I don't even remember the first post (how the car being sold is). I was just talking about the TT market in general.
But I agree, the lower end is typically as you described.

If he has a lot of options, low mileage (I remember 15K, good), and nice paint (color/condition), 6MT, etc... Then maybe $65k+ isn't far off.
*Edit: Just looked at initial description again. So $65K would be a good buying price, and maybe $69K would be a good selling price.

 

Darren, that great info I dodn't know. I saw a super sweet '02 with Nav and thought it would be a nice feature.

 

Ron - I totally agree you get what you pay for and P-cars are a luxury item where you have to pay-to-play...

 

This has been a healthy discussion, fair market price seems somewhere between $67 & $73 for a decent car non-wholesale (non-X50) depending on color combo, options, condition, tires/wheels, 6 speed or tip blah, blah, blah.

Thanks all for your input!

 

With the US$ tanking relative to the Euro, will this help support pricing in U$ term for the used car market? 997TT pricing has to be edging up to compensate for the strong Euro.

 

I've been actively looking for the past 4 months for the right color, options etc. and there are very good 6spd examples in silver, black or yellow in the mid 60's. Yes, I've even seen a few 01's in the 70's but I've seen enough excellent, one owner, less than 20K miles and full records 02's to shake my head at those and move on. As someone described the low end is not ALL junk, neither is the high end all great cars. The market is pretty broad on asking price but look what is selling and an 02 with a standard set of options is mid 60's.