Fair price for '05 S?
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From: Irvine, CA
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Fair price for '05 S?
I need to come up with some business working capital so the car has to go. I don't have 100 posts yet (even though I've been a member for few years) so best I can do is ask for suggestions on pricing my car for a quick sale and I will post it for sail
else where.
Here are the specs gentleman:
'05 997 S - Speed Yellow / Black
27k miles
Adaptive sport seats
sport chrono
PCCB
Factory 6 disc changer, Navigation
19" factory sport design wheels
apart from clear markers the car is bone stock.
I checked Manheim prices and I saw anywhere from $58k to $65k. This is my first porsche and never bought or sold any pcars before so I would really appreciate any feed back.
Moderator, you can delete or move this post if its in violation.
Suggestions for quick sell price $$$ ?
Thank you all for looking.
http://picasaweb.google.com/accutech...05885743804498
else where.Here are the specs gentleman:
'05 997 S - Speed Yellow / Black
27k miles
Adaptive sport seats
sport chrono
PCCB
Factory 6 disc changer, Navigation
19" factory sport design wheels
apart from clear markers the car is bone stock.
I checked Manheim prices and I saw anywhere from $58k to $65k. This is my first porsche and never bought or sold any pcars before so I would really appreciate any feed back.
Moderator, you can delete or move this post if its in violation.
Suggestions for quick sell price $$$ ?
Thank you all for looking.
http://picasaweb.google.com/accutech...05885743804498
Last edited by hformrace1; Aug 13, 2008 at 02:52 PM.
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From: Irvine, California
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I would try $62K and see how you go, I just paid $71K but mine is an S Cab Tip / Full Leather with CPO with 16K (when purchased in June)
You may have to go a little lower, I like Speed Yellow personally, but not sure about it's viability on the used market.
You may have to go a little lower, I like Speed Yellow personally, but not sure about it's viability on the used market.
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I was in such a hurry to post this I only put one picture in, I will add more. I was thinking the same thing, 60-62 sounds very reasonable. The car is fully loaded minus PSE and CPO.Thank you for your replys.
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.Anyway, when I bought my Speed Yellow C2S back in '05, I saw it listed in Pasadena on a week day and drove 2 hours from Laguna Niguel to Rusnak Pasadena through traffic. I hope someone wants it as bad as I did.
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27K miles and speed yellow ? Yikes . Mid 50's . Here's my reasons :
1) People are paying low 60's for CPO 06S cars with under 10K miles .
2) Speed yellow , although many do like it does sell as well as other colors .
3) That car has miles !!! Anything more than 10K miles =the first hit of Porsche depreciation . Anything over 20K =the second hit . Then its smooth sailing until 50K and THEN it's Timberrrrrrrr.
If he wants even one cent over 55K keep looking . For 62K you can get am impeccable 05 .
1) People are paying low 60's for CPO 06S cars with under 10K miles .
2) Speed yellow , although many do like it does sell as well as other colors .
3) That car has miles !!! Anything more than 10K miles =the first hit of Porsche depreciation . Anything over 20K =the second hit . Then its smooth sailing until 50K and THEN it's Timberrrrrrrr.
If he wants even one cent over 55K keep looking . For 62K you can get am impeccable 05 .
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27K miles and speed yellow ? Yikes . Mid 50's . Here's my reasons :
1) People are paying low 60's for CPO 06S cars with under 10K miles .
2) Speed yellow , although many do like it does sell as well as other colors .
3) That car has miles !!! Anything more than 10K miles =the first hit of Porsche depreciation . Anything over 20K =the second hit . Then its smooth sailing until 50K and THEN it's Timberrrrrrrr.
If he wants even one cent over 55K keep looking . For 62K you can get am impeccable 05 .
1) People are paying low 60's for CPO 06S cars with under 10K miles .
2) Speed yellow , although many do like it does sell as well as other colors .
3) That car has miles !!! Anything more than 10K miles =the first hit of Porsche depreciation . Anything over 20K =the second hit . Then its smooth sailing until 50K and THEN it's Timberrrrrrrr.
If he wants even one cent over 55K keep looking . For 62K you can get am impeccable 05 .
I've also seen low-mi, 1-owner 06 S coupes selling for low 60's.
Sure some dealers are still paying WAY too much at Manheim, but again some of them have pre-paid overseas clients. Dealers with cars priced higher have been sitting on them for months.
Too bad you have to sell right now- Why not borrow the money for working captial? It's always wiser to risk with someone else's money
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+1 on that buddy- Right on the money. Seriously, I was just pcar shopping for the past two months. Mid to high 50's tops. It is a soft seller's market.
I've also seen low-mi, 1-owner 06 S coupes selling for low 60's.
Sure some dealers are still paying WAY too much at Manheim, but again some of them have pre-paid overseas clients. Dealers with cars priced higher have been sitting on them for months.
Too bad you have to sell right now- Why not borrow the money for working captial? It's always wiser to risk with someone else's money
I've also seen low-mi, 1-owner 06 S coupes selling for low 60's.
Sure some dealers are still paying WAY too much at Manheim, but again some of them have pre-paid overseas clients. Dealers with cars priced higher have been sitting on them for months.
Too bad you have to sell right now- Why not borrow the money for working captial? It's always wiser to risk with someone else's money
I can't and don't want to borrow any more money. I'm already stretched quite thin with finances. I hate to do it but it'll put my business back on track and down the road I'll reward myself with either a turbo or GT3. Let's see what the future holds in store for me.
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Sorry to hear that you're parting with it. I just bought one with similar specs (minus the PCCB, plus the full leather + CPO and 17k miles) and it was below $60k. Like others said, getting a HELOC for that same amount would only be around $500 a month with the right bank. Either way good luck w the sale!
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The car is in mint condition. I wash and detail myself, apart from some of the board sponsor detailers, I have yet to run into a car wash/detailer who can out do me
.
As far as the warranty, its 4 years or 50k miles.
Quote: ATL-PorscheSorry to hear that you're parting with it. I just bought one with similar specs (minus the PCCB, plus the full leather + CPO and 17k miles) and it was below $60k. Like others said, getting a HELOC for that same amount would only be around $500 a month with the right bank. Either way good luck w the sale!
Can you please elaborate on the 'HELOC' ? I'm not familiar with it.
Thank you.
. As far as the warranty, its 4 years or 50k miles.
Quote: ATL-PorscheSorry to hear that you're parting with it. I just bought one with similar specs (minus the PCCB, plus the full leather + CPO and 17k miles) and it was below $60k. Like others said, getting a HELOC for that same amount would only be around $500 a month with the right bank. Either way good luck w the sale!
Can you please elaborate on the 'HELOC' ? I'm not familiar with it.
Thank you.