New guy with a question.
#1
New guy with a question.
If you were looking at a 997 S, how much would deduct if the car had been in an accident? I have no problem with a non airbag fender bender with everything repaired properly. Just curious if any of you have sold yours after a scratch or dent etc. 2005-2006 with Bose, Nav, Leather, etc. Just curious. Thanks in advance and love the forum!
#2
Some people will say it effects the value of the car as much as $2500 per body panel that is repainted, personally I would say it should be something that you decide on at the time of inspection.
#4
It's certainly a negotiating point for you.
As long as the owner can produce all of the repair work receipts + the PPI confirms only cosmetic damage had happened -- the price should not be affected but much, if anything.
If the owner is too willing to cave in on a big discount you may consider that to be a warning flag that more damage than reported may have happened.
As long as the owner can produce all of the repair work receipts + the PPI confirms only cosmetic damage had happened -- the price should not be affected but much, if anything.
If the owner is too willing to cave in on a big discount you may consider that to be a warning flag that more damage than reported may have happened.
#5
As long as it's not the same dealer that's selling the car A thorough PPI should pick up on anything structural and/or non-cosmetic. Provide the PPI shop with the damage repair docs as well.
#6
If you were looking at a 997 S, how much would deduct if the car had been in an accident? I have no problem with a non airbag fender bender with everything repaired properly. Just curious if any of you have sold yours after a scratch or dent etc. 2005-2006 with Bose, Nav, Leather, etc. Just curious. Thanks in advance and love the forum!
#7
In california, and not sure of other states, we have an insurance term called diminished value. I am not fully sure of the details but if there was structural damage I know they would have filed for it and already recieved a check for it beyond the repairs.
Last edited by Yossarian; 12-14-2010 at 11:04 AM. Reason: bad typing again
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#8
In CA we have that? Not really. You may argue that with your insurance co, and you may get it or not.
Last edited by adias; 12-14-2010 at 12:03 PM.
#9
I was told the car was repaired in another state which matches the Carfax. Also, he said the car was repaired with cash. He said he talked to the place that did the repairs and it was $8000 and the panels show no repair (bondo by magnet), only paint. The fenders and hood have not had the paint seal broken around the bolts, etc. He also said the panels still match serial numbers with the car. Seems like it all makes sense. His guess is that the car was keyed pretty bad. The guys that repaired it cannot disclose to him details, but said nothing was damaged physically. Any more thoughts before I look at it personally? Is it possible to paint a front end and get up that high on price on Porsches? The town has a Porsche dealer. My thought is to have him take the car to inspection for me and include it in the price if it passes. All opinions welcome. I appreciate the help so far guys!
#10
As for $8k in panel repairs, that makes sense. My 1 panel replacement + paint was almost 4k (fender bender in parking lot).
You should still be able to access a receipt from the repair shop assuming that shop is reputable. But not every reputable shops do keep great records though so you cant strictly abide by that.
Maybe I missed it or forgot but why cash was paid for the repair I'm not sure. Usually that is done to avoid damage being reported that can be picked up by car fax, etc. Other times cash is paid in return for a steep discount on the repair work - which may also indicate but not conclusively that a non-reputable repair shop did the work.
All may be fine though. But given this information I would take extra precautions to take it to a reputable Porsche service dealer for a complete PPI. If that checks out you should be good.
Again, several replacement panels or extensive area paint work (from a key for example) can be upwards of $10k.
You should still be able to access a receipt from the repair shop assuming that shop is reputable. But not every reputable shops do keep great records though so you cant strictly abide by that.
Maybe I missed it or forgot but why cash was paid for the repair I'm not sure. Usually that is done to avoid damage being reported that can be picked up by car fax, etc. Other times cash is paid in return for a steep discount on the repair work - which may also indicate but not conclusively that a non-reputable repair shop did the work.
All may be fine though. But given this information I would take extra precautions to take it to a reputable Porsche service dealer for a complete PPI. If that checks out you should be good.
Again, several replacement panels or extensive area paint work (from a key for example) can be upwards of $10k.
#11
I was told the car was repaired in another state which matches the Carfax. Also, he said the car was repaired with cash. He said he talked to the place that did the repairs and it was $8000 and the panels show no repair (bondo by magnet), only paint. The fenders and hood have not had the paint seal broken around the bolts, etc. He also said the panels still match serial numbers with the car. Seems like it all makes sense. His guess is that the car was keyed pretty bad. The guys that repaired it cannot disclose to him details, but said nothing was damaged physically. Any more thoughts before I look at it personally? Is it possible to paint a front end and get up that high on price on Porsches? The town has a Porsche dealer. My thought is to have him take the car to inspection for me and include it in the price if it passes. All opinions welcome. I appreciate the help so far guys!
#13
Maybe cash was used to avoid getting insurance involved. Maybe the po was at fault. If they can't produce before and after pictures of the work done I would be wary. Could have been a rear end hit with a new bumper which is why the panels don't show work or broken seams?
#14
He said Patriot Act? I know there are some things they won't disclose out of customer privacy. I think if I let Porsche go through it and get the ok, I'll pick it up and run. I'll get the PPI from Porsche and keep it with the records in case I ever sell it. It is a 1 owner car and per the car fax, fixed the paint a year after he bought it, then drove it for another 4 years. Plus, it was a leased car, so the bank (or Porsche) would have to approve any repairs. Any more thoughts?
#15
Maybe cash was used to avoid getting insurance involved. Maybe the po was at fault. If they can't produce before and after pictures of the work done I would be wary. Could have been a rear end hit with a new bumper which is why the panels don't show work or broken seams?