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Autotrader Valuations - have you noticed a hike?

nickpan

Well-known member
Joined
30 May 2016
Messages
88
When I purchased my 996.2 C4 manual 18 months ago with 42k on the clock - Autotrader's valuation tool (via their app) was quoting a private valuation figure of £15.5k.

The car now has 49,500 on the clock but Autotrader's valuation has taken a significant hike to £26,650.

Has anybody noticed a similar trend for their car?

Is there any truth in these valuations or is this AT attempting to increase listings?

Nick
 
Nick, There's no denying it prices seem to be one the increase good 996's are mid 20k and good 997.1 are 30k which is a 5k to 8k increase in 12 months or so. this seems to be the case buying from dealers. Its not so noticeable buying Private and you can still find 996's mid high teens and 997.1 low mid 20's . I do think these cars are very susceptible to mileage, condition, service history and spec . and you can easily find 10k difference between cars due to these things.
Like all these things they are worth what people will pay for them.
I also think there is a much better understanding of the mechanical risks with these cars, so cars with engine rebuilds are commanding slight premiums 997.1 cars after march 06 people now know have the better IMS . Nearly all 996 and 997.1 cars are borescoped before the dealers are taking them as px which is increasing confidence in the market for these cars especially through reputable specialist dealers , this in turn will reflect the achieved sales values through sites like AT. That's my thoughts on it anyway for what its worth.. :thumb:
 
Smoke and mirrors

Try an Insurance comparison site to see what it 'auto values' the car at :bandit:
 
My thinking is that Porsche's decision to extend the Official Warranty period on standard cars from 10 to 15 years has had a knock on effect.

These cars have traditionally set the ceiling price for all models and all others have been dragged up as this rises.
 
Zingari said:
Smoke and mirrors

Try an Insurance comparison site to see what it 'auto values' the car at :bandit:

Zingers doesnt that open up a whole new discussion about what Insurance companies value these cars at versus what they are being brought for . and why do Insurance companies only talk in trade prices when they are dealing with retail customers. :frustrated: :dont know:
 
Good point but when you insure your car you bought for X their 'valuation' is Y which is less than X. If I've paid 25 bags and I wrap it round a tree the day after I've insured it I'd expect 25 large - excess, not Y - excess. :thumb:
 
Zingari said:
Good point but when you insure your car you bought for X their 'valuation' is Y which is less than X. If I've paid 25 bags and I wrap it round a tree the day after I've insured it I'd expect 25 large - excess, not Y - excess. :thumb:

:floor: So the key is to never pay more than 25 bags for a car , They have created a whole new scam called gap Insurance which is to cover the difference between what you paid for the car and what they want to give you for the car . Funny how every year they ask "what's your vehicles value" like it matters to them as they have already put a pre determined value on it.
I think the future is agreed valuation Insurance then everyone knows where they stand and if someone has overpaid for their car it doesn't matter as its reflected in the premium they pay. :thumb:
 
I think the "what's the value" question they ask each year drives the premium they want rather than what they'd pay out for total loss, what they deem as "market value". For most of our cars that presents a risk and where agreed value policies are worth the money IMO.
 
MJA911 said:
I think the "what's the value" question they ask each year drives the premium they want rather than what they'd pay out for total loss, what they deem as "market value". For most of our cars that presents a risk and where agreed value policies are worth the money IMO.

Yep, funny how you up the price and the cost of the Insurance quote goes up even though they have their set price :what:

It's all now very much like these 'budget' airlines where everything is extra. Not only have I refused to fly Ryan Air as I no longer wish to be reminded of the fashion/technology in the 1970s but I recently baulked at another budget airline that wanted to charge Mrs Z £15/kg excess luggage on the way home. That's the last time I'm wearing 3 x dresses, PVC mac, stimulated fur coat and high heels (at least in public) to 'equalise' the load :nooo:

Gap Insurance? Thanks now I know what it is. Thought it was something to do with finance deals :thumb:
 
Zingari said:
Gap Insurance? Thanks now I know what it is. Thought it was something to do with finance deals :thumb:

:grin: In your case mate its called bag Insurance so when you buy the car for 25bags and they only want to give you 22bags you can pull out the bag policy to ensure you always have 25 bags for a car. :grin: :thumb:
 
...since the new car road tax hikes people are also clambering for late, low mileage 2nd handers......but many are hanging on to good cars.

Supply and demand and WBAC are having to offer more to tempt sellers.
 
Seems we were both of the same thoughts on Monday with many other enthusiasts that watch the market. I started the same thread with a different title.

Are 911's on the crest of a wave of price increases waiting to fall :?:

Is anyone watching the other models, what are they doing price wise?
 
I was in a local high performance car sales place today and they had about 6 or 7 911s the sales guy told me they couldnt keep up with the demand for 996. 997. 991.1 cars as 99.9% of people consider the 991.1 the last 911 and no one wants the silly 3ltr 991.2 ,these are not Porsche enthusiasts as such just people that want a Porsche It's going to be very interesting to see what happens to the prices of the 991.2 and if Porsche realise there huge mistake and ditch the tiny engine tiny turbo car in favour of producing a proper 911 again. But its clearly this mind set that's making the prices boyant at the moment . There was 05 997.1 with 50k on the clock 30k and an 09 gen2 4S targa 64k and an 03 996 4S for 35k and they cant keep up even at those prices. :dont know:
 
Zingari said:
Smoke and mirrors

Try an Insurance comparison site to see what it 'auto values' the car at :bandit:

I found this out just this week, the auto valuation for my car is just over 8k trade in value! And just over 10K private sale.....
Well if thats the case i'll have another 2!
 

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