997 2005-2012 911 C2, C2S, C4, C4S, GTS, Targa and Cabriolet Model Discussion.
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Can I Get a Nice 997 For $35-40k?

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Old Jun 13, 2012 | 12:10 PM
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What's a black 040, fully loaded, 2005 C2S Launch Edition with PCCBs and 56K miles worth? Complete service history, DFister (stainless steel) Gundo mod, alternator/battery cable, waterpump and serpentine belt replaced, 90/95% brakes remaining, 8/10 condition, clean DME (less than 1000 range 1 ignitions) worth? I have one. Of course, The fan and temperature switch needs to be resurfaced, but not much deferred maintenance for the next owner
 
Old Jun 13, 2012 | 12:40 PM
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Originally Posted by Sharkys
What's a black 040, fully loaded, 2005 C2S Launch Edition with PCCBs and 56K miles worth? Complete service history, DFister (stainless steel) Gundo mod, alternator/battery cable, waterpump and serpentine belt replaced, 90/95% brakes remaining, 8/10 condition, clean DME (less than 1000 range 1 ignitions) worth? I have one. Of course, The fan and temperature switch needs to be resurfaced, but not much deferred maintenance for the next owner
As a seller I'd probably list it for $42,500 and accept $40K for that. I'm certainly no expert, but I've been passively searching the market for awhile and you can get into a well appointed 2005 C2S for as low as the high $30s up to the high $40s depending on options, private party vs. dealer, and mileage.

When I'm ready, I'll going to search here first, because a lot of the history of a car can be discovered by someone who has been an active member of this forum rather than just picking a private seller blindly from an autotrader or cars.com search.
 
Old Jun 13, 2012 | 12:56 PM
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I'd list it a bit higher though at $44k with room to go down to $42k.

Originally Posted by vbb
As a seller I'd probably list it for $42,500 and accept $40K for that. I'm certainly no expert, but I've been passively searching the market for awhile and you can get into a well appointed 2005 C2S for as low as the high $30s up to the high $40s depending on options, private party vs. dealer, and mileage.

When I'm ready, I'll going to search here first, because a lot of the history of a car can be discovered by someone who has been an active member of this forum rather than just picking a private seller blindly from an autotrader or cars.com search.
 
Old Jun 13, 2012 | 02:29 PM
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Originally Posted by Sharkys
What's a black 040, fully loaded, 2005 C2S Launch Edition with PCCBs and 56K miles worth? Complete service history, DFister (stainless steel) Gundo mod, alternator/battery cable, waterpump and serpentine belt replaced, 90/95% brakes remaining, 8/10 condition, clean DME (less than 1000 range 1 ignitions) worth? I have one. Of course, The fan and temperature switch needs to be resurfaced, but not much deferred maintenance for the next owner

Being that the launch editions are so loaded I'd ask mid to upper 40's.

But agree with the others that the selling price should probably be in the low 40K range private party.

With 56K miles on it though you'd probably be better off just keeping it for a while because I don't think that it'll have another mileage based depreciation hit until maybe 75K.
 
Old Jun 13, 2012 | 06:01 PM
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Old Jun 13, 2012 | 06:31 PM
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Originally Posted by Boosted Josh
For a C2 I think that $40K is absolutely in the ball park. You'll need at least $45K for a good C2S unless you just find a amazing deal somewhere.


There was a low option 05 C2 for sale locally with around 55K miles that was in pretty decent shape for $39K. It needed a little reconditioning but nothing too bad. I bet $35-36K would have bought it.
These numbers are spot on and exactly what I encountered when I bought mine. But it will take a lot of searching, time and patience. You will also need to have a fairly large geographic area for your search parameters. I traveled 600 miles to pick up mine in Kansas City and it was well worth it.

The average Porsche owner is very proud of their car and quite often starts at a very high asking price. If you come across a P car that is priced favorably you better act quickly because it will be snatched up almost immediately.

GLWP
 
Old Jun 13, 2012 | 07:57 PM
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When I was shopping around my budget was $40k but couldnt find a decent car with preferred options. I looked at an 08 997 with 56k miles from dealer - $44,500. There was paintwork and little options.

I ended up with an 08 997 CPO with 21k miles, nav, sport chrono, pasm, full leather with Bluetooth Tooki interface and XM radio, clean DME scan...over my original budget but I'm very happy with it. My main concern was it had to be CPO'ed

GLWS
 
Old Jun 13, 2012 | 08:51 PM
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You mentioned looking at a 996 Turbo. Personally unless I could afford a Carrera S or 4S, I would go for the Turbo. (Unless of course you are deadset on the 997 bodywork)

The reason I say this is because, if you wait and know where to look, deals can be found. Example, back in 2010, I worked for a Porsche dealer. I had a customer trading in his 2002 996 Turbo X50. Beautiful car, factory short shift, 22k miles. Clean. I almost felt embarrassed giving him our "top dollar" (decision came from management) offer on his trade. He was anxious to get a '10 PDK Turbo, so he took our offer. How much you ask?

$41,000. In 2010.

Ended up being sold for a bit more a couple months later.

Like I said, deals are out there, and with some searching and clever maneuvering, you'll get what you're looking for. Just be patient.

Good luck!
 
Old Jun 13, 2012 | 09:54 PM
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You have all proved conclusively that my budget my initial thoughts were unrealistic and I need to either a) bump up the budget or b) shop for a lesser vehicle like a 987. But with that said it does sound like there is the occasional deal to be had.

This one is over my budget but doesnt seem to be a bad price and miles are low but it was at least driven pretty regularly. http://www.motorwerks.com/used/Porsc...d735aa6eeb.htm Now something like this at around $43-44k could almost be to good to pass up. Love the silver!
 
Old Jun 14, 2012 | 04:19 AM
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Find a higher mileage car with excellent service records and a clean PPI. I'm still convinced that Porsches with miles and excellent service histories are more reliable than Porsches that have sat in garages.
 
Old Jun 14, 2012 | 03:40 PM
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it's doable in that budget, but you have to be willing to shop all states and travel. i just picked up an '05 997S with 60k miles (full leather, bose, nav, chrono, porsche ssk, etc) for $34.5k as a daily driver. i didn't want a queen, but something i could drive every day. PPI showed solid car. i was originally shopping 996 C4Ss and realized I was getting close to 997 money and changed my pursuit. couldn't be happier and i managed an S.
 
Old Jun 16, 2012 | 08:39 AM
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997.1 Cab fully optioned - US$39K

I recently purchased a highly optioned 997.1 Cab in basalt black with tan leather interior for a tad over $39K, including prep. It looks new inside and outside. Options include full leather, Sport Chrono, PASM, Bose, Nav, etc. Got it from an after market Porsche dealer in Southern Florida whom I have now bought two used Porsches from for prices well below NE market rates. My 997.1 was clocked at 57,000 miles, which drove down the price. It is a late model 2005 that has the newer intermediate shaft bearing assembly that cannot be retrofitted with an LE Engineering bearing, but that is less prone to blowing up than the former factory bearing. The seller threw in a new set of tires. Checked it out through a good Porsche shop and it needed a new ignition lock assembly and a replacement safety belt. Everything else was perfect.

I am not afraid of higher mileage Porsches for so long as they have been fully maintained and for so long as the majority of the mileage is highway. A low mileage 996 or 997 that is a garage queen is the one not to buy. The 997.1 that I bought was used by the former owner, who purchased it new from a Florida dealer, as a daily driver commutation car using a freeway twice a day. That is the ideal usage. I was prepared to pay more, but when this was offered at $38,999, I snapped it up. Flew to Ft. Lauderdale with my wife, picked up the 997, visited friends on both coasts and then drove back to NY - 1,600 miles in two days. It performed perfectly on the way back. This is my third Porsche.
 
Old Jun 16, 2012 | 09:29 AM
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Originally Posted by Cicerosecundus
I recently purchased a highly optioned 997.1 Cab in basalt black with tan leather interior for a tad over $39K, including prep. It looks new inside and outside. Options include full leather, Sport Chrono, PASM, Bose, Nav, etc. Got it from an after market Porsche dealer in Southern Florida whom I have now bought two used Porsches from for prices well below NE market rates. My 997.1 was clocked at 57,000 miles, which drove down the price. It is a late model 2005 that has the newer intermediate shaft bearing assembly that cannot be retrofitted with an LE Engineering bearing, but that is less prone to blowing up than the former factory bearing. The seller threw in a new set of tires. Checked it out through a good Porsche shop and it needed a new ignition lock assembly and a replacement safety belt. Everything else was perfect.

I am not afraid of higher mileage Porsches for so long as they have been fully maintained and for so long as the majority of the mileage is highway. A low mileage 996 or 997 that is a garage queen is the one not to buy. The 997.1 that I bought was used by the former owner, who purchased it new from a Florida dealer, as a daily driver commutation car using a freeway twice a day. That is the ideal usage. I was prepared to pay more, but when this was offered at $38,999, I snapped it up. Flew to Ft. Lauderdale with my wife, picked up the 997, visited friends on both coasts and then drove back to NY - 1,600 miles in two days. It performed perfectly on the way back. This is my third Porsche.
I completely agree with this.
 
Old Jun 16, 2012 | 11:38 AM
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Out of curiosity... why are so many people saying garage queened low mileage Porsches are actually worse than well maintained higher mileage cars? I mean, don't get me wrong, if I know the history of the car and know the seller is as meticulous about stuff as I am, I would take that over 20K+ less miles for sure, but what's not good about a guy who has a clean 6 year old car that he only drove for about 5k per year as long as he did regular maintenance?

I've put a whopping 6K miles total on the S2K I'm getting ready to sell over the last 3 years, so only 2k/yr. It's truly a garage queen, which is why I'm going to sell it and get a Porsche that I'll probably use about 6k/yr. That said, I change the fluids regularly, and get it out at least once a week for a spirited run including highway and twisty backroads. I never thought I was hurting the car by doing this.
 

Last edited by vbb; Jun 16, 2012 at 11:40 AM.
Old Jun 16, 2012 | 02:39 PM
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Originally Posted by vbb
Out of curiosity... why are so many people saying garage queened low mileage Porsches are actually worse than well maintained higher mileage cars? I mean, don't get me wrong, if I know the history of the car and know the seller is as meticulous about stuff as I am, I would take that over 20K+ less miles for sure, but what's not good about a guy who has a clean 6 year old car that he only drove for about 5k per year as long as he did regular maintenance?

I've put a whopping 6K miles total on the S2K I'm getting ready to sell over the last 3 years, so only 2k/yr. It's truly a garage queen, which is why I'm going to sell it and get a Porsche that I'll probably use about 6k/yr. That said, I change the fluids regularly, and get it out at least once a week for a spirited run including highway and twisty backroads. I never thought I was hurting the car by doing this.
I've known maybe a dozen Porsche owners and the only ones I've met who had problems were the ones who allowed their car to sit in the garage. That is all I was saying. Every owner I've known who daily drives his car always raved about reliability.
 


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