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

Whats my car worth????

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  #1  
Old 09-03-2012, 12:46 PM
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Whats my car worth????

Recently I was considering selling my 01 996 turbo. I am struggling with the value of the car. It can’t be based on stock as it has many costly upgrades. Owners always think their car is worth more than it is. I do have a number in mind but would like a reality check.

The car is a very late build 2001 996 turbo
Midnight blue metallic / Gray full leather
6 speed manual
39k miles
Tial Alpha 28 turbos with all the supporting goodies
GMG world challenge suspension with KW V3 coilovers
Pampered garage queen car in near perfect condition
Runs and drives perfect, no issues no stories

Whats it worth????
 
  #2  
Old 09-03-2012, 12:50 PM
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Around 6-7k. I see your in Ohio where should I send the truck and trailer to get it at? Modded cars really depend on the buyer.
 
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Old 09-03-2012, 12:54 PM
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i cant tell you what yours is worth but heres what i found. chicago il had 2 yellow 2003 996turbos.
both had 34,000 miles
both 2 owners car
both cars were speed yellow with black int, paint and interior of both were 8 out of 10 condition
the car i bought had 40,000$ in mods inc. many that you also have
the other car was bone stock.
both cars were priced at 55,000$ i bought the modded unit and all the mods were free.

theres a beautiful 2001 for sale on here with a well thought out mod list and he is firm at 57,000$ and still hasnt sold the car.
not that it isnt worth it but financing for a 10+ yr old car costing 50k+ isnt easy and finding someone with cash to buy it like i did also isnt easy.
 
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Old 09-03-2012, 04:37 PM
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I just bought my 2001 with same color combo midnight/gray full leather bone stock for 48,000 cash with 12,500 miles.Its a matter of what the person wants= as I looked at modded cars as more than likely ran harder.This could be debated for years lol but I wanted a very clean stock car in midnight blue and was willing to pay= Im sure more than I should, but Im happy.And may I add ppi or not there will always be things that were not noticed that requires money/time after purchase
 
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Old 09-03-2012, 07:38 PM
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You're better off selling what mods you can and then selling the car. Hopefully you kept the stock parts.
 
  #6  
Old 09-03-2012, 09:02 PM
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Originally Posted by TurboTodd
Recently I was considering selling my 01 996 turbo. I am struggling with the value of the car. It can’t be based on stock as it has many costly upgrades. Owners always think their car is worth more than it is. I do have a number in mind but would like a reality check.

The car is a very late build 2001 996 turbo
Midnight blue metallic / Gray full leather
6 speed manual
39k miles
Tial Alpha 28 turbos with all the supporting goodies
GMG world challenge suspension with KW V3 coilovers
Pampered garage queen car in near perfect condition
Runs and drives perfect, no issues no stories

Whats it worth????
I think it is a matter of finding the right person. As we all know, you never get back all of what you put into a car, but if someone who wants to mod a 996tt can save some money by buying yours vs a stock car, then I would think you can get some value from a modded car over stock.

If you do decide to part out the car, I may be interested in some parts
 
  #7  
Old 09-03-2012, 09:16 PM
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$32K-$40K for a stock unmodded car.

Based on NADA values. The low may be for a quick private party sell and the high end for a dealer with a pro detail and possibly a warranty of sorts. If you have a good friend that knows and appreciates the car and loves the mods you did, you may be able to squeeze out $42 or so.

Unfortunately mods are generally a liability. Most would be owners would love to find a stock unmolested example and do their own thing, pick the mods and order of installation. High performance mods scream " the car wasn't fast enough, didn't handle well enough, looked like every other Turbo, etc"

By far your best sales price will come from returning the car to 100% stock. Then detailing it to the max, doing a service and fitting new tires if yours are 50% or less. Even custom wheels will detract from the value for most potential buyers. Remove the mods and sell them separately or be prepared to take less for your car than if it was stock.
 
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Old 09-04-2012, 05:31 AM
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The old adage is that you should expect to get ZERO return on mods done to a car.

I also believe however that in certain cases, depending on the buyer, you can get slightly more for a modded car than a stock one.

I recently was in the market for a car to specifically do roll race, The Mile, and other high speed events. I ended up with a car that has done a 3.89 60-130, a trap of 152+ 1/4, and 215 mph at The Mile.

For me to have bought this car and done all of the mods, it would cost me $140K easily. So instead I paid a good deal less than 1/2 that for an extremely well built, sorted car.

In the end you lose on mods, that is the bottom line. You may however get more than stock, depending on mods.
 
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Old 09-04-2012, 11:51 AM
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I have been looking at cars for a few months now and $45k would be about max for you car and that might be pushing it a bit. It is going to take the exact right buyer to get your car, so it will take longer to sell than a stock car by a long ways also. I agree that if you have the stock parts, return it to stock and sell the mods.
 
  #10  
Old 09-04-2012, 12:49 PM
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i'd try to get at least 45k for it. if someone wants the car they'll pay. financing is not hard if your credit is good PenFed 1.49%
 
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  #11  
Old 09-04-2012, 03:02 PM
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I appropriate all the comments and advise.

Yeah it would be easy to return it to stock, But it is so much better now in every way. And I knew about the return on investment with upgrades going into it.

It really would be shame to dumb down such a well sorted car.

I may try to sell it as is. If that doesn't work return to stock and try that.
 
  #12  
Old 09-05-2012, 08:56 PM
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I think for the interested buyer, having the ECU data on hand with overrevs, if any, full disclosure on how much track/DE time rather than having an interested party work/pay for that data would expedite a sale. Also, if you have had car dyno'd, how much hp it has would be welcome information. I shied away from heavily modded cars, assuming(right or wrong) that the seller had set up to pound it at the track, DE, etc. on a regular basis.
That does appear to be a well-sorted TT so begging the question re. the sale- what's more appealing than that!?!
 
  #13  
Old 09-05-2012, 09:46 PM
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Not worth selling these cars now. They go for not much more than a 996 CarreraS or 4S and they are 10 times the car, especially when you consider that there was only about 6600 ish 996tt's sold in the US. Values will go up
 
  #14  
Old 09-06-2012, 10:05 AM
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Originally Posted by Prche951
Not worth selling these cars now. They go for not much more than a 996 CarreraS or 4S and they are 10 times the car, especially when you consider that there was only about 6600 ish 996tt's sold in the US. Values will go up

Agree 100% with that. My best friend from work has a 996 C4S and it's like apples and oranges with my 996TT.
 
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Old 09-06-2012, 01:26 PM
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Originally Posted by Prche951
Not worth selling these cars now. They go for not much more than a 996 CarreraS or 4S and they are 10 times the car, especially when you consider that there was only about 6600 ish 996tt's sold in the US. Values will go up
I am not sure why you think the values will go up, maybe down the road a ways, but not any time soon. The prices of the 997tt are coming down and that is just going to push the prices of the 996tt down even farther. The 993's are going up because they are the last of an era.
 


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