Another valuation...

[Guest]

How much in a private sale? How much might a dealer sell for? Thinking of changing to a newer Porsche...

993 C2 1995
Iris Blue/Grey leather
83K miles
FPSH (main dealers and JZ Machtech)
Bilstein HDs and H&Rs plus new front wishbones and top-mounts fitted Jan 06
Aircon
RS splitters
RSR mufflers
Clear lenses/turbo rear lenses
Recent new centre reflector panel and mats, new rear tyres
Just been serviced including alignment check and new rocker cover gaskets
12 months MOT
Superb inside and out "" no stone chips


Your views gratefully received...

 

[Sundeep]

ORIGINAL: std70040

a newer Porsche...

vw then []

anyway chap yours should get strong money with all that clean air up your neck of the woods et al......

trade would snap that for 20-21 but then stick it up at 25-26 but privately if you have time, how about 24 ? but any less then I'll start to get worried about my 110k 96 lhd which I figure is worth about the 21k mark !! hopefully


ps. you forgot to mention dry use only [&:]

 

[mike cooper]

I don't think Sundeep is far out but ultimately it will be worth what ever someone is prepared to pay for it. We all know that you can take a car that looks on the surface superb but can cost you £4K to £5K in a very short space of time. If your car requires no mechanical work in the forseeable future and is in tip top condition stcik it on at a bit more. You can always drop the price but you can't increase it. Whilst they all took a bit of a knock when 996's started to flood the market there is no doubt they are coming back up again. Always a good indication when you see trade names actively stating they as desperate for good 993's in the wanted columns. A good rule of thumb is 'if I sell it for X what will X buy me'. I think at the value that Sundeep puts on his car he would be hard pushed to go out and buy another one as good for the same money. Bear in mind they haven't produced these cars for about eight to nine years now. If someone wants one and they want a good one they aint going to get any cheaper.

Good luck.

Mike Cooper

 

[vinceg]

Using my little price modeller - mentioned prior - IMO £22k for private sale. Trade in would be around 2k less.

 

[mike cooper]

Vince, take your comments on your 'price modeller' and I am sure if I remember correctly that these figures were based on a considerable time period and a great number of cars. My point is that there is a difference to what cars are offered for sale at and their true worth when acquired when they require virtually zero expenditure and have had a recent service etc. I am sure most of us could go out tomorrow and buy a 993 in tidy condition for £22K. When you tell the chap selling it that it is going to need £4k spending on it over the next 12 months I don't think you will own that car for £18K. if you buy it for £20K and still have to spend the £4K on it, the car is still costing you £24K. I think that pricing one of these cars to sell depends so much what the expenditure will be over the first 12 months of ownership to get the car as most of us would want. I can only assume using your model that Sundeeps would be worth well under £20K and you just cannot buy really good 993's for that. I am basing that on taking off say £2K for LHD and another £2K because it's clocked the magic 100K. Bit like asking him to do a straight swap for a TVR. I don't wish to appear to be discrediting your model but I think it's not taking 'true value' into account. I think there is a danger is falling into the trap of 'well you can by a 2000 year 996 for £24K so it has to be less'. Not the case. Supply and demand will dictate at the end of the day and as I said they aren't making any more and the good ones will be more sought after.

This should stir up a few comments!

Kind regards

Mike Cooper

 

[vinceg]

Appreciate your comments - in the end its absolutely down to the merits of a specific car. I offer my opinion as just that from my own 1 year quest to find right car - which I now have. As background - I was new to Porsche/993 and in early days was really struggling to understand how model, colour, # owners, kit, miles, year, type, history, dealer premium/private, time or yr, L/RHD, condition, etc imapcted price to know fair value"¦. So, I decided to model for a while to aid my understanding of how key characteristics impact price. If anything it probably went too far and became an interesting exercise in itself which I still maintain - in background. I now have around 500 cars in my little database and weight to cars I know that sold. I have actually found it to be very accurate "" as ever this is not a science but was a big help to me re short listing cars to go view that were at or below fair value from my viewpoint.

For what's it worth my model says -20% for LHD over equivalent RH.

 

[mike cooper]

Vince

Appreciate your comments.

Regards

Mike

 

[Sundeep]

ORIGINAL: mike cooper

Vince, take your comments on your 'price modeller' and I am sure if I remember correctly that these figures were based on a considerable time period and a great number of cars. My point is that there is a difference to what cars are offered for sale at and their true worth when acquired when they require virtually zero expenditure and have had a recent service etc. I am sure most of us could go out tomorrow and buy a 993 in tidy condition for £22K. When you tell the chap selling it that it is going to need £4k spending on it over the next 12 months I don't think you will own that car for £18K. if you buy it for £20K and still have to spend the £4K on it, the car is still costing you £24K. I think that pricing one of these cars to sell depends so much what the expenditure will be over the first 12 months of ownership to get the car as most of us would want. I can only assume using your model that Sundeeps would be worth well under £20K and you just cannot buy really good 993's for that. I am basing that on taking off say £2K for LHD and another £2K because it's clocked the magic 100K. Bit like asking him to do a straight swap for a TVR. I don't wish to appear to be discrediting your model but I think it's not taking 'true value' into account. I think there is a danger is falling into the trap of 'well you can by a 2000 year 996 for £24K so it has to be less'. Not the case. Supply and demand will dictate at the end of the day and as I said they aren't making any more and the good ones will be more sought after.

This should stir up a few comments!

Kind regards

Mike Cooper

an interesting analysis there Mike, a fine read

well I bought mine 2 years ago for 24k trade (in germany) with 88k on the clock, have spent 6k on it in that time through various updates, the only item to go wrong was the diff on the gearbox after 700 miles ! (warranty ran out when I left germany!) and since that point I've updated and improved as much as I could, but mechanically nothing has gone wrong, even the air con works and the roof doesn't even squeak !! but could do with better ICE.... although having said that as nothing ever seems to go wrong I'm now expecting it to blow up this weekend !!

so I've actually run out of things to do to me car apart from fitting a LWF but that's pointless as the clutch is fine and there is a point where 'it is just a targa'...... and I have looked at a few other cars (manual C2's) but they all would need at least 3-5k spending to bring them up to spec, so yes I won't find a better car unless I spend a lot more, although within our '993 community' the best cars do reside..... so I might just run mine for another year or so but I've got tied of the targa thing now and really want to get back to the coupe........ of course by next year there will be a healthy stock of mk2 GT3's knocking about ! unless I can find a LHD 993 C2 or C2S with a 3.8 and a black interior of course !

back to Maxy's M, it's a fine motor really in tip top condition so how about £26k ? (cue some pics!)

 

[mike cooper]

Sundeep

Thanks for the reply. Your analysis of the outlay on your car in order to get it to the condition an enthusiast looks for backs up my thoughts and views entirely. I'm not trying to create a false market place for the cars but it is in all of our interests if the price is kept where it should be for cars in the right condition. We are back to the point of the right car is worth what someone is prepared to pay for it. There will be those who will want to buy a car within a tight budget and they will have to accept that they can look forward to £5K-£6K over the ensuing 12-18 months. There will be other buyers who will reflect on the fact that if work has not been done has the car been neglected. It is a fairly fickle market place but good clean cars with all the history will make the money. It's supply and demand. If none of us contemplate selling for 12 months watch this space and see the price rise for good clean cars. Nothing like wanting something you can't have for driving up the price!

Regards

Mike
PS Weather looks superb for those of us venturing off to the Porsche and Polo tomorrow.

 

[burrow01]

ORIGINAL: vinceg

Using my little price modeller - mentioned prior - IMO £22k for private sale. Trade in would be around 2k less.

Hi - I'm interested to see what your price modeller would say about my car? It's from 1994

Pete

 

[Porker993]

ORIGINAL: Sundeep

I've got tied of the targa thing now and really want to get back to the coupe........

Sundeep, why ? I quite fancied a targa (RHD yellow preferably) as I'm a bit bored of coupes (having owned three in a row) and fancied a change.

 

[38F3E1]

ORIGINAL: Porker993

I quite fancied a targa (RHD yellow preferably)  as I'm a bit bored of coupes (having owned three in a row) and fancied a change.

Specialised have a nice yellow Targa. It's the pastel yellow. Lovely colour on the 993.

 

[Porker993]

Wow - I love pastel yellow - now it's just a small matter of persuading my fiancee that that is the best use for the cash ...

 

[38F3E1]

I forgot it's a Tiptronic. May not be what you're after sorry. Their pastel yellow C2S is also a Tip as well.

 

[Sundeep]

ORIGINAL: Porker993

ORIGINAL: Sundeep

I've got tied of the targa thing now and really want to get back to the coupe........

Sundeep, why ? I quite fancied a targa (RHD yellow preferably) as I'm a bit bored of coupes (having owned three in a row) and fancied a change.

my 1st targa, had fun but for my driving requirements that big heavy piece of glass high up is no so good for the 993's handling balance

so that is a 1996 993 + Targa - LHD + 24k (in 2003 at 88k) + 6k (over the last 2 years) - 110k miles on the clock now + all the stamps and serviced every 6k

= £ car ? []

btw, with the current weather, did I mention dry use only ? [8D]