Greetings All,

I have been lurking for months now, learning and waiting while searching for my car. I think I found it HERE I met the owner today and saw the car and plan on making the offer tomorrow. Would just like to gather some thoughts from the experts here. I am shooting for low 60's. I have looked out of CA and the prices are somewhat better, but the hassle for me isn't worth it. Since I am limited because I only want a car w/ factory Aero. After searching, and looking in person at many I prefer the turn key nature of this even if I pay a little premium.

 

It's a little more than a little premium. It's a beautiful car but there are some things you have to do . First it is priced high even if it were an 07 with those options and miles as a private sale car . I understand that you are emotionally attached but I can think of two forum members who bought 2008 cars and closed at or near that asking price -- new or with less miles IN CALIFORNIA just in the last three weeks .

If you still must have the car then you MUST run a DME scan to check for engine over rev history https://www.6speedonline.com/forums/...-over-rev.html

... as well as use a paint meter to detect body work.

You also need to find out if CPO is transferrable . I don't know if it is or isn't.

 

I had a hunch you would reply. I am glad since I can't PM yet. They bought non Aero cars correct. I came to terms with the pricing like this

'06 997 base value $48,770
Options value $30,970(.48)= $14,865
'06 997S to '07 997S spread was about $9k (national pricing study)1/2 of that today =$4500
Color $188
Mileage $687
Condition $2069
CPO $3615 (CPO'd 6 months ago) make it $3000

Add that up and it's $74.1k subtract 10% and it's $66.7k, right around the '06 to '07 SoCal 997S mean/median. So, targeting low 60's seems about right for the market and excellent shape, options, CPO, etc.

DME I will have tomorrow, paint reading was done at CPO, CPO is indeed transferable. Thanks for helping me think through it.

 

I can write a list of posters who paid less and some of their cars had Techart (08) , Cargraphic (07) , newer years and less than 10K miles . In California .

Your car has two more years beyond an 08 and 20K miles . That's HUGE.
Those options --the owner will never see in resale UNLESS he finds a buyer and he is hoping it's you .

You admit in your first post that you are overpaying . I am agreeing with you . I just don't understand why .It's not the only Porsche in the universe . For another 15K you can have a Turbo with those miles and even that car would be an 07 -not an 06. You can buy an 08 with PSE and add a factory aerokit and be a few bucks higherAnd have less miles , more warranty .

Once a Porsche crosses 10K miles it takes a depreciation hit even if its in great condition . That car has 20. Each year is another hit . 2010 C2S models are out -- another hit.

If CPO is transferrable that's great. I did say that i didn't know .

I like the car BTW -- I simply feel it's overpriced with too many miles to love it nearly as much as you claim you do .Thus - I am being vocal enough to raise awareness .

If you buy it I sincerely wish you well .

 

I understand and have looked high and low for deals. In all cases to get what I really want I would have to add items or settle for a car w/o factory Aero. I am the market for a 'turn key' car similar in options. If you have links to share I am open for more research.

I am not worried about time. It has a warranty and it will be my daily driver. I discounted the options by less than $.50 on the dollar because I feel it's worth that. Again, I can get something with less options, but settling for something I don't really want.

Because yes, out of state I can get a close car in options for less, but were those 'storm' cars? Many have mods that I am not interested in because I will be driving it 164miles a day. The car I listed has been in service for 20 months (1.6yrs) so it was driven approx 13k miles a year. for that it is incredibly clean inside and out. I like cars that have been driven and don't sit a lot collecting dust. DME will reveal how it was driven which is key for sure and big walk away if it looks bad. No turbos here, I am not looking to pay more for more car. As a daily I will never be able to use what a turbo offers.

yrralis, and I truely appreciate the feedback and debate. It's why I posted. I guess all I am saying is that if I get the car in the low 60's for the ease of sale (no out of state hassle), options, records, great shape, I am ok with that. Sellers deserve a fair shake as well. I also have cars for sale and it sucks always getting low-balled only. There is more to buying a car than just getting a bargin, at least for me.

 

If you are OK with the number, there is nothing really more to be said.

WTS, , I remember what my father used to do. He would find a car he liked at a price that he was willing to pay. Then find another one and pay less giving the difference to the American Cancer Society.

If the bought car was slightly different or needed this or that, he would either make the effort to make the changes or fuggit about the differences. Whatever the net savings, and there had to be one, it always made him feel chippy.

The point ti not to convince you to do the same thing but rather to address the statement about price. IMO, growing up under my father, it was always about price as there was always someplace the differential money could go.

 

Attakker -The cars I am talking about were bought in California .
They are forum members who paid from 60 -72K for 07 and 08 cars with just as many if not more goodies plus the cars had less miles .

Why woudn't you want to save the money ? If you are so in favor of the seller's feelings why not offer him 100K ? Then he's be real happy .

Realistically -- Offer him 55 and close at 57 and even that's high pending a clean DME.

Porscheburn -- it's a lot easier to be "ok with the number" if its not yoir money . Heck even I am ok with the number because ia m not paying for it. What I am not ok with is trying to justify some logic to it after admitting it in the first post.

 

Thanks for the opinions and info. I will keep you posted on what I end up doing. I can't reply to the last few posts. I was raised fatherless so I can't relate at all to the story. I am glad that you had the opportunity to learn from yours for your life's experiences though. And the comment about offering the seller 100k is just silly. come on now. I never said I was trying to make him happy. I said a fair shake.

 

Sp when you you getting it ? It doesn't seem like any logical age, price or mileage concerns get past the emotional reasoning of "gotta have it" .
I am almost inclined to speculate that a DMe with level 4 over revs might end up ignored too but I wil reserve that idea for when or if it happens .

So when ?

 

I think the seller really does have the car priced way to high. Areo or not. Everyone always thinks there car is worth more than it is. I think unless he's willing to take around 60 for it(and that is still high) he will be sitting on it for a long time. He probably would be insulted offered high 50s. In todays market that is what it's worth. Model wise, it's now a 4 year old car with the 2010s becoming available.

I would do my homework on comparable cars show the seller what you found and make a little more than fair offer based on you really want the car. Give him your contact info and wait him out. I doubt he will sell it for anywhere near what he is asking. Keep an eye on it. You can always contact him again after he has been sitting on it awhile. Meanwhile, keep looking. There will be more with Areo Packages well equipped.

 

To the OP,

I'm one of those recent buyers that Larry is talking about. As others have said, if you are happy with the car and the price, there's not to much that anybody can say if you want the car. To buy it and sit in it and drive it is something hard to put a price on. However, if you are looking for a bit of advice, not many better places to look than here and not many better people to get advice from than Larry.

Here's the link to my posting about my purchase:
https://www.6speedonline.com/forums/...t-porsche.html

Even though my car didn't have the factory aero kit that you are looking at, it does have some of the "exterior" additions. It's also tough comparing the car you are looking at to the one I bought as you are looking at a 2006 versus my 2008, your's is a coupe and mine is a Cab, your's is a C2S and mine is a C4S, but the pricing can tell you much.

Here's my list:
2008 997 C4S Cabriolet
6,900 miles
6 speed
Triple Black
Options:
Power Seat
Heated Seats
Wheel Caps
Parking Assist
Sport Chrono
Stainless Steel Exhaust
Nav
Floor Mats

After Market:
GT3 Front Bumper
Rinspeed "Indy" Rear Bumper
RSS Plenum
SmartTop
Premier Clear Bra Wrap

DME:
Range 1: 168
Range 2: 45
Range 3: 3
Range 4: 0
Range 5: 0
Range 6: 0
Operating Hours: 217.000

I purchased this car from a private party in Northern California. My price was only a few thousand above the asking price for the car you are looking at.

I think you should be able to leverage the price on the car you are looking at for bit more.

Just my two cents.

 

After checking a bit further and running some numbers, IF the DME checks out, IF the CPO transfers with no issue, I put a number on this car (including the Factory Aero and CPO) at $53k.

Again, just my two cents.

 

All great points and thanks JoeShark for the comparo. I now have a good solid starting point and walk away number. Both under $60k. It's not my 1st rodeo. I have owned many cars and the same analytics come into play each time. This being my 1st Pcar, in a vulnerable market it's not as easy to calculate baselines in CA, let alone nationally. So many cars on lots and even more to weed through privately. I set the wants list to really help narrow down my search and want to stick with it. Factory Aero happens to be the major factor which really narrows the available options.

Larry, I have not been in gotta have mode for the months I have been searching and this car is no different. It's just the 1st one that I felt compelled to finally post and get feedback on. You can't expect that someone will take exactly what you say and agree on every point. what may seem logical to you may not to another. I enjoy the nature of your stance on the market and it helps to form a foundation for those of us looking. I found a couple 08's but they are dealership cars and priced in the mid $70's + fees. I have never paid $70k or more for any car I have owned and don't plan on doing so with the 1st Pcar either. So, that is also another factor that comes into play during my search for candidates.

 

Couple of the 08's I found White/Tan, Red/Blk, Gray/Blk (this one is interesting but could be a 'storm' car thus the lower price point)

 

May as well buy a GT3 08 Factory Aero C2S why the spread on prices nationally? the previous post of mine had similar cars in the mid $70s. This has been my dilemma for months.

08 C4S $92,900. HUH? same mileage as the others priced in $70's and 1 @ $83k.