996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

'01 Turbo with 38,000 Miles

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Old 07-09-2004 | 11:22 AM
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'01 Turbo with 38,000 Miles

Still trying to purchase a Turbo and came across an Arctic Silver '01 with 38,000 miles. Would you ever consider buying one for a fair price if it were clean? What else is there to consider that I'm forgetting about? What would be a fair price for this?

I leaning towards buying from a dealer because I have a '99 Carrera and an '04 Touareg that I'd like to trade in. Part of me doesn't want to deal with trying to sell both vehicles. It would sure be nice to trade both of them in and be done with it.

I figure this '01 is worth around $78-80K? I can probably afford about $90-95K but it sure would be nice to get one for less and have some money for an exhaust, etc.

Does anyone know any other dealers that would take both vehicles in as a trade that might have a Turbo for me?

Any other advice? My mind is foggy because this is such an emotional purpose. I need voices of reason.
 
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Old 07-09-2004 | 12:03 PM
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I own a dealership. Have an 01 TT Silver with 17k. Would consider your 2 trades.
E-mail me at 97tt@optonline.net
 
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Old 07-09-2004 | 09:55 PM
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Anyone else?
 
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Old 07-10-2004 | 05:10 AM
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OK....who has over 38K miles and is still running strong?

I was told that I'd probably have to replace the diverter valves.

Looks like it was a businessman's car. Tire edges aren't very feathered and looks like mostly freeway commuting miles.

When do the turbos need replacing and how much would that cost? Would that be covered by an extended warranty?

Thanks guys.
 
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Old 07-10-2004 | 05:19 AM
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38000 too high. You should pay between 75-80 for one with 15000 miles. Book value is 79200 for one with 10000 miles. This one has over three time that.
 
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Old 07-10-2004 | 05:25 AM
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Originally posted by Y65MPH
38000 too high. You should pay between 75-80 for one with 15000 miles. Book value is 79200 for one with 10000 miles. This one has over three time that.
I get $75K trade-in value and $93K suggested retail on Kelly Blue Book for that mileage.
 
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Old 07-10-2004 | 11:58 AM
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You can a get car with 10K for the low 80s. I can't Imagine a car with 38K is worth more than the low 70s? Not really sure about the high mileage cars since there aren't too many around. I am positive you can get very clean 01 with 10K or less for 80-85.

One more thing to consider: these cars are up to 10K less expensive in the winter when half of the country can't or won't take them out of the garage. The hefty payments and no access to the car are a big motivator for many people. If you can wait 5-7 months, and are willing to travel and ship, you could get a much better deal. A big hassle that is defnitely not everyone's cup of tea.

here is car on ebay for 92K (buy it now). You may be able to get it for the mid 80s? http://www.ecarlink.com/cgi-bin/index.pl?ph_dir=687488
 

Last edited by Turbo Fanatic; 07-10-2004 at 12:11 PM.
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Old 07-10-2004 | 12:09 PM
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You can a get car with 10K for the low 80s. I can't Imagine a car with 38K is worth more than the low 70s?
Depends, the market has been quite strong recently. It is feasabile to see 80-84k for that car -- although I tend to agree with you and think it should be in the high 70's at most.
 
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Old 07-10-2004 | 12:17 PM
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Fair enough. It IS mid summer and rates are on their way up.

I am looking to purchase one in the next 12 months? as soon as my new home construction is completed. Realistically, when you are buying a 80+K car, who cares about a few thousand up or down? I just think that we all can get caught up trying to get the best deal, when getting the most enjoyment is the ultimate goal. This entire decision would be one from the heart anyway right?
 
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Old 07-10-2004 | 12:49 PM
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Think I found an '01 with 15K miles for mid 80's.

Thanks for the advice guys.
 
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Old 07-10-2004 | 04:42 PM
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Wow, Turbo prices are dropping like crazy.

Good time to sell the M5 and hop into something with....forced induction
 
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Old 07-10-2004 | 07:55 PM
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I saw a lot of 01 996TT around 40k miles for low $70k on Autotrader. There's even one w/around 50k miles for low $60k.
 
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Old 07-11-2004 | 04:16 AM
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Wow you guys are super optimistic compared to the guys @ Rennlist. We've been discussing values over there for some time now and the consensus on a high mileage '01 is in the high 60's to low 70's.
 
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Old 07-14-2004 | 03:42 AM
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Originally posted by topdaytrader
I saw a lot of 01 996TT around 40k miles for low $70k on Autotrader. There's even one w/around 50k miles for low $60k.
Alot? Really, I just did a search under 911 turbos and I saw one with 37k miles for $ 76,995 and 7 for $ 78 & $ 79K with similar milage, but 3 of the 7 were $ 79,999, but none for low $ 70s. Only 5 out of 216 ads listed below $ 80k or below $ 79.9k.
 
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