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Help with Value of '03 996TT X50 with High Miles...

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Old 05-23-2007, 10:04 PM
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Help with Value of '03 996TT X50 with High Miles...

I'm helping someone locate a specific 996TT and their criteria is an '03 X50 with under 20k miles. We've found an '03 X50 out here locally in Black with 41k miles, 6-speed, sport seats, and PCCB Brakes. He loves the color combo and options; however, the miles are really detering him.

What price should he offer for this X50 Turbo with such high miles--or at what price does this Turbo become a good enough value to warrant pursuing in light of the high mileage?

Thanks in advance for any input...

Daniel
 

Last edited by Dvh; 05-23-2007 at 10:09 PM.
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Old 05-23-2007, 10:22 PM
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I was thinking high '70s, but here is one on ebay that sounds very similar to the one you are looking at. They want mid 60's. Its disgusting how much this car has depreciated. I have an '03 X50 and the msrp was over 140K. Good luck

http://cgi.ebay.com/ebaymotors/Porsc...QQcmdZViewItem
 
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Old 05-23-2007, 11:07 PM
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Wilcoxmd:

Thanks for the feedback! The one we are looking at is priced similarly and has also been advertised for quite some time.
 

Last edited by Dvh; 05-24-2007 at 09:15 AM.
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Old 05-23-2007, 11:12 PM
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41k miles is high??

the motor isn't even broken in yet.
 
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Old 05-23-2007, 11:12 PM
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Originally Posted by Dvh
Wilcoxmd:
Thank you for your feedback. I believe the one you sent the link on has been for sale for quite some time and I heard there is a reason...

The one we are looking at is priced similarly and has also been advertised for quite some time.

It definitely seems like these cars don't sell well with high mileage on them...
I am looking. I received some pricing data on 03s:

[Source: auction pricing from lease company]

2003 Porsche 911 Turbo Coupe


Above Average: $70,911 - Mileage: 13,222
Average: $65,300 - Mileage: 26,443
Below Average: $59,689 - Mileage: 39,665

Total Sold: 14




The X50 adds only a few thousand....

I am curious as to what the issue is with the car in the ebay link... do tell.

Thx
 
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Old 05-24-2007, 02:17 AM
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might want to try to carfax it, or provide the VIN so someone on here can carfax it for you. Even a clean carfax doesn't mean it's perfect and accident free, just hadn't been reported. But if something does show up on Carfax it'd be nice to know.
 
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Old 05-24-2007, 02:24 AM
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70k would be a great deal for an 03... 40k miles seems low.. but at least the owner used the car.. instead of sitting in the garage...
 
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Old 05-24-2007, 03:27 AM
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I love it how you guys think 40k is high mileage
 
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Old 05-24-2007, 09:50 AM
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Originally Posted by ard
I am curious as to what the issue is with the car in the ebay link... do tell.
This car was offered to me on a trade for an '06 Viper Coupe a while back and I've been considering it, but it was purchsed at auction and I think that is considered a mark against it by most--that's all.


Originally Posted by AdamT
I love it how you guys think 40k is high mileage
Originally Posted by phillym5
41k miles is high??
I love it how you guys can act like 41k miles isn't considered high for an '03 Porsche Turbo Where do you categorize a porsche Turbo with over $140k sticker as far as mileage accumulation expectations on an annual average? I expect lower than the national average, similar to Ferrari's Viper's, etc. 20k miles on either of those is conisdered high mileage IMO!!
 
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Old 05-24-2007, 10:01 AM
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guys
honestly
41k isn't exactly low mileage
i love how you say "ohh.. 41k , the engine isn't even broken in yet..."
um yes it is..... its well broken into
im not saying a higher than average mile porsche is a bad thing, but 41k is NOT low mileage
 
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Old 05-24-2007, 12:26 PM
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Originally Posted by skojasevic
guys
honestly
41k isn't exactly low mileage
i love how you say "ohh.. 41k , the engine isn't even broken in yet..."
um yes it is..... its well broken into
im not saying a higher than average mile porsche is a bad thing, but 41k is NOT low mileage
Well....
To me, when the mileage is so low that the warranty is going to expire before the mileage expires.....It isn't driven enough. All the problems that usually happen in the first 50k miles hasn't shown there face yet. A low mileage(high perf) car that is over 4 years old is going to have more problems than a daily driven and occasionally beat on high mileage car. Moisture, shrunkin seals, rotted hoses, smelly interior, dry rotted tires, sedimant build up in the gas, valve seals......ect.

Just from my expierence.....
 
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Old 05-24-2007, 05:24 PM
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40k high mileage? This aint no ferrari!
 
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Old 05-24-2007, 06:52 PM
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My 03 X50 has 142,000+ miles on it and it runs fine - buy it, beat them up on mileage versus price, drive it and enjoy it!!
 
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Old 05-24-2007, 06:57 PM
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$70k sounds about right.
 
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Old 05-24-2007, 06:58 PM
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Originally Posted by t2_996420
My 03 X50 has 142,000+ miles on it and it runs fine!!
On the original motor?
 


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