996.1 C2 with aerokit, £12k hartech rebuild and GT3 buckets

Martin996RSR · 16 Jun 2018

I understand your sentiment, but do you really think nowadays that any 19 year old Porsche should be mint and need nothing doing to it? Dammit has proven that you can spend nearly £40k on a 996 and still not have a perfect car. A similar mileage non aerokitted 996 will be at least £15k, and will need at least another £3k spending on it as we all know, so add in the aerokit (£3k) the GT3 buckets (£3k) and the £12k engine rebuild, and so I think the asking price is reasonable. If the door does need respraying because of a poor repair, then that should be no more than £500.

I think you might be side-stepping the point a little there. The point made was that a car priced well over the market should be mint in order to justify the price, i.e. it should need nothing or very little to do to it. The fact that it's 19 years old is neither here nor there, it's that the condition should justify where the price is pitched.

Fastlane · 16 Jun 2018

Martin996RSR said:
I understand your sentiment, but do you really think nowadays that any 19 year old Porsche should be mint and need nothing doing to it? Dammit has proven that you can spend nearly £40k on a 996 and still not have a perfect car. A similar mileage non aerokitted 996 will be at least £15k, and will need at least another £3k spending on it as we all know, so add in the aerokit (£3k) the GT3 buckets (£3k) and the £12k engine rebuild, and so I think the asking price is reasonable. If the door does need respraying because of a poor repair, then that should be no more than £500.

Click to expand...

I think you might be side-stepping the point a little there. The point made was that a car priced well over the market should be mint in order to justify the price, i.e. it should need nothing or very little to do to it. The fact that it's 19 years old is neither here nor there, it's that the condition should justify where the price is pitched.

I don't think it is necessarily well over the market - that is my point. The fact that it's a 19 year old 996 with 79k miles on it means it won't be "mint" - there is no such thing as a mint 996 unless it's got virtually zero miles or has been fully restored - this car is obviously neither. The car will need things doing - as above, they all do. Tyres, dics/pads, stone chips, suspension bushes, dampers, broken bits of trim, air con condensors etc, etc. Some may not need doing now, but within a few months may well - we are all aware of this when we buy an old car and our standards/expectations vary greatly.

Based on what I can see and have read (IMHO) I do however think it could well be good value for someone (not you or others above obviously, which is OK) especially as the engine rebuild may well take away the worry of engine failure and large associated future bill. Add in the colour combination, the aerokit, colour and the (non OEM) bucket seats and I can see it making £20k plus.

Ultimately I don't know the car, or the owner, and I am just a middle aged bloke who likes to waste my money on sports cars - so feel free to ignore me (my wife and kids often do)!

:thumb:

Martin996RSR · 16 Jun 2018

I happen to own a very similar 996 to the one being sold here. It doesn't have the buckets yet though, but I would value mine at around £15-16K.

I think where this one is priced the general consensus is that Tyres, dics/pads, stone chips, suspension bushes, dampers, broken bits of trim, air con condensors etc, etc. will have all been taken care of already.

To be clear; if I were spending £23K on a C2, I would want buckets, Ohlins and either low mileage 996.1 engine or a Hartech rebuild. That would represent value to me. Cars do come up for sale reasonably regularly for £15-20k with everything this car has bar the buckets, which you could put in yourself for £1500. That tells me two things:
1. The seller is either very optimistic or in the fleash the car really is totally stunning and in fact really does need nothing and is better than a nearly everything out there.
2. This guy is driving the market for C2s up by pricing his so optimistically, which does all us current owners a favour when we come to sell.

Hopefully someone without a vested interest will get a look at the car and make a post regrding the condition of the car and put us out of our misery.

Dammit · 16 Jun 2018

Fastlane said:
The owner has been a forum member on here for 9 years and there are a few threads on here relating to the circumstances around the engine damage and subsequent repairs. He seems pretty genuine to me.

http://911uk.com/viewtopic.php?p=1004957&highlight=#1004957

http://911uk.com/viewtopic.php?p=1013312&highlight=#1013312

http://911uk.com/viewtopic.php?p=1014320&highlight=#1014320

Marky911 said:

A £20k plus 996 really does need to be mint and need nothing doing to it, and I mean nothing.
If this is the case with yours it will sell soon I'm sure. :thumb:

Click to expand...

I understand your sentiment, but do you really think nowadays that any 19 year old Porsche should be mint and need nothing doing to it? Dammit has proven that you can spend nearly £40k on a 996 and still not have a perfect car. A similar mileage non aerokitted 996 will be at least £15k, and will need at least another £3k spending on it as we all know, so add in the aerokit (£3k) the GT3 buckets (£3k) and the £12k engine rebuild, and so I think the asking price is reasonable. If the door does need respraying because of a poor repair, then that should be no more than £500.

All IMHO. I await the verdict of someone who has actually seen the car in the flesh.

The context in the links you provide is interesting - and very positive with regards to the engine.

It'd help the advert hugely if some of the detail in those posts made it into the body of said advert.

Marky911 · 16 Jun 2018

Evenin' Fastlane,

As Martin says really. I've said it before but there is a lot of hot air around these cars at the moment, especially on forums and in the specialist mags.

Yet we still see cars hanging around for ages on the market.

The car we are taking about here is top specialist dealer money, at a non specialist dealer and not being listed very well.

Any 996 Carrera over £20k needs to be, I'll choose a different word to mint this time, excellent and fully sorted. I understand they're 20 years old and we need to be realistic, but we've seen similar cars hang around at £16k - £18k before, so £23k is a big ask.

You can never add on what you spend on a car. It simply doesn't work like that. We do it for the enjoyment but it doesn't ever make financial sense.

It might be worth £23k, it also might not be. All we can do is go off previous sales and the info in its advert, mot history and pictures.

If it sells then someone decided it was a good one. :thumb:

kas750 · 16 Jun 2018

Marky911 said:
Evenin' Fastlane,

As Martin says really. I've said it before but there is a lot of hot air around these cars at the moment, especially on forums and in the specialist mags.

Yet we still see cars hanging around for ages on the market.

The car we are taking about here is top specialist dealer money, at a non specialist dealer and not being listed very well.

Any 996 Carrera over £20k needs to be, I'll choose a different word to mint this time, excellent and fully sorted. I understand they're 20 years old and we need to be realistic, but we've seen similar cars hang around at £16k - £18k before, so £23k is a big ask.

You can never add on what you spend on a car. It simply doesn't work like that. We do it for the enjoyment but it doesn't ever make financial sense.

It might be worth £23k, it also might not be. All we can do is go off previous sales and the info in its advert, mot history and pictures.

If it sells then someone decided it was a good one. :thumb:

:thumb:

Perfect :thumbs:

Cybot7 · 16 Jun 2018

My 2001 996 C2 manual coupe cost me £23k. It had only done 29500, 4 owners and FSH. So far I've spent about £3k(about £1.5 unnecessary, just ego boosting) but still needs work albeit minor. What's it worth? No idea. Would I sell it? No.

g911omr · 18 Jun 2018

Any 20 year old 996 is likely to swallow some cash. Even the best cars can throw up a nice bill. I'd like to think that my own car, which took months to find will need nothing for years to come. Somehow I doubt it though..... :dont know:

gundogs · 18 Jun 2018

I've never heard so much crap, the car is worth what someone will pay for it,no more no less and nobody's business apart from the buyer and seller.

Dammit · 18 Jun 2018

So we're not allowed to speculate on, or discuss this sort of thing?

Anything else you'd like to tell us we can or cannot do?

g911omr · 18 Jun 2018

Dammit said:
So we're not allowed to speculate on, or discuss this sort of thing?

Apparently not. Looks like there is a new sheriff in town..... :bandit:

Marky911 · 18 Jun 2018

:grin:

gundogs said:
I've never heard so much crap, the car is worth what someone will pay for it,no more no less and nobody's business apart from the buyer and seller.

If there is a buyer.... :thumb:

maldren · 19 Jun 2018

gundogs said:
I've never heard so much crap, the car is worth what someone will pay for it,no more no less and nobody's business apart from the buyer and seller.

Of course, you are right Marky that the price is determined by what someone is willing to pay lthough people do occasionally pay stupid prices way outside the market norms.

Threads like this do allow us to discuss what we as owners value and how we see our cars. That probably affects the market more than the sale of an individual car and it also possibly helps potential purchasers in the near future.

Marky911 · 19 Jun 2018

Just checking you've noticed that was a quote from Gundogs, Mike?

I'm a bit less confrontational in my posting style. :grin:

I'm all for discussing these cars, although value threads will end being a pain in the butt as these cars rise and speculators hop on board. They'll make up the bulk of the forum. That's a good way off that yet though hopefully.

And yep there are people out there who part with daft sums.
Obviously as time goes on, last years daft sum seems like this years bargain. I watched it happen with all my previous pork. I'm not against a rising market but if a car comes along trying to raise the ceiling price it has to be bloody good. :thumb:

maldren · 20 Jun 2018

Sorry Marky,
I must read more carefully
I must read more carefully
I must read more carefully
I must....

996.1 C2 with aerokit, £12k hartech rebuild and GT3 buckets

Martin996RSR

Montreal

Fastlane

Spa-Francorchamps

Martin996RSR

Montreal

Dammit

Paul Ricard

Marky911

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kas750

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Cybot7

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g911omr

Nurburgring

gundogs

New member

Dammit

Paul Ricard

g911omr

Nurburgring

Marky911

Portimao

maldren

Albert Park

Marky911

Portimao

maldren

Albert Park

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