New member about to buy a 99 Cabrio. First Porsche, so I am a total noob. My brother is a dealer and is taking in a blue Cabrio with blue top with 7M verified miles. One owner car and is a well known family and customer of the dealership. All history verified. It was at their Arizona vacation home most of the time. I haven't seen the car in person, but he tells me it is a 10 in showroom condition. He is taking the car in at $25K and that is the price he is offering the car to me at. No RMS or IMS work done. No oil leaks are apparent. 6 speed.

Any thoughts on the car would be appreciated. Is the price right?

Thanks

 

Dude i just bought a 2002 which has many upgraded parts, more HP ect + warranty & only 38K with tons of mods for close to that price! 25K is too much..waaaaaaay too much!

 

how many miles? 7m?
Cab;s go for a little more, and mods don't usually increase the value.
depending on the mileage, that might be a fair price in my opinion.
make sure you have a PPI done at a reputable Porsche shop.
dont buy it without doing that. :-)

 

Unless you are looking for a collector car I woudn't add value for an extremely low mileage car.

In fact, under-driven cars tend to exhibit (relatively) more mechanical issues than a moderately driven car. Even the dreaded IMS issue *seems* to be more prevalent on ultra-low mileage examples - I say 'seems to be' as there is no quantitative assessment one way or the other, since there's really no issue ;-)

25K for a 99 cab (even a well maintained 99) seems high. I bought an 03 cab this summer for less than that.

 

I think there are some people on this board that are really sucessful grinders re: the price they paid for their cars, so they think the steal they got on their car is the norm.

People that have showroom condition-like cars, with really low miles, want to be compensated for those attributes. Can't imagine my brother buying the car for 25 and selling to you at a loss.

Agree with Fozzy, low mileage translates to "under used". PPI no matter what.

 

Yes I got a great deal, however, prior to that I tracked as many 996 sales as I could for a period of about 4 months (I followed Ebay, tracked down sellers from Autotrader, Cars.com and CL) - I created a database with over 500 transactions across North America and 25K is on the high side of sales (not the high side of asking mind you)

Your brother will find a buyer for the car because someone out there is looking for a mint 996 that they want to keep in showroom condition. That may be you. If *that's* what you're looking for than 25K is likely not a bad price. If, on the other hand, you're looking for a reasonably problem free car to drive (showroom sticker not required) than you can find much better deals.

And for what's worth I would never buy a car from family or friends