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Dealer Appraisal Is Ugly!

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Old 11-26-2008, 01:32 PM
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GBG
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Default Dealer Appraisal Is Ugly!

I asked my dealer in Connecticut to appraise my car: '04 TT Cab with 20k miles. Car is in great condition and looks brand new. He came back with $55k! I like the 997s, but why in the world would I give him my car PLUS another $70k for a new 997. No thanks!!

I'd much rather spend a few thousand for a tune, diverters and intake to get me to the same 480 hp as the 997s. Am I missing something?

GBG
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Old 11-26-2008, 01:47 PM
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Fred R. C4S
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Bingo!.......................

I came to the same conclusion 2 years ago when the 997TT debuted. Since then I've added a Europipe S2-Q, and GIAC flash and have all the power and torque I want. And it didn't cost me anywhere near $70K. I don't see trading or selling my 996TT for a long time.

Cheers,
Old 11-26-2008, 01:48 PM
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No, you're not missing anything.
Your dealer doesn't want your car nor does anyone else they know of.
They are probably using Galves pricing book?
Old 11-26-2008, 02:33 PM
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David A
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Your Turbo is beautiful. Keep it.
Old 11-26-2008, 05:25 PM
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BobbyC
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Keep your car!!! At these prices the 996TT is perhaps one the best car values around...as a DD, track or from any other perspective. Throw in some suspension, an HP upgrade, a nice sounding exhaust and few other vehicles come close. Literally.
Old 11-26-2008, 07:23 PM
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drh
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It's just like trying to trade in a firearm at a gunshop for something newer.
Your stuff is **** and their stuff is gold.
Old 11-26-2008, 09:54 PM
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Chuck Jones
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Nothing wrong with your car, your logic, or your common sense.....your car looks great...certainly looks as good as another $70K would look on a newer 997. Do the flash, the DV's, wastegate and a few other mods....you'll get just as much pleasure out of the new increased performance as you would out of a newer car.
Old 11-26-2008, 10:23 PM
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Personally, I don't see good reason to trade "up" to a 997tt at almost any cost. I don't think many 996tt owners would. All you would do is start the same depreciation cycle over from the top. Our cars have a lot of miles built into them, and I hope to use up every one. AS
Old 11-27-2008, 01:57 AM
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Originally Posted by ltc
They are probably using Galves pricing book?
Not just Porsche dealers, they all do

And -10% more if they really don't want your car

Cause they know if your car doesn't sell off the dealer lot, they'll get hammered at auction
Old 11-27-2008, 04:35 AM
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Default Keep It

GBG
Old 11-27-2008, 04:40 AM
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Default Keep It

GBG
You got a killer car, keep it. You want 480hp do the mods mentioned. Besides for under $70k you can get a lot of hp. Our 996's look a hell'va lot better than the 997. Great color!!!!
Old 11-27-2008, 08:29 AM
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cole328
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As a 997 S owner, I agree with your friends I like the 997 body, but the 996 Turbo is a stunner....Keep the car and add a few upgrades. You've already (unfortunately) taken the depreciation hit, so at this point, personalize it a tad more and enjoy !
Old 11-27-2008, 09:19 AM
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forhamilton
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Last year I sold an 04 cab to a dealer. perfect car in every way. they gave me 75 on trade. a year later they finally sold the car for low 70's. the market is terrible right now and for some reason the market is very soft for 996 tt cabs. given market conditions i would say your dealer is not far off. having said all that, keep it. it is gorgeous.
Old 11-27-2008, 03:51 PM
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Originally Posted by forhamilton
....and for some reason the market is very soft for 996 tt cabs.....
The reason is simple.
Overproduction.
Dr. W's goal of 100K cars/year (no matter what) has turned cars such as these into Porsche commodities. It's worse for the 98x/99x NA cars, but same underlying reason.
In comparison to other cars in this category, they are overproduced, Porsche doesn't say 'no' to anyone with a checkbook.
The only time they limit or allocate is when they have produced too many and/or the model simply isn't selling (i.e. Targa 4S....some of the top dealers are only getting one in 2009)
Old 11-27-2008, 05:19 PM
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Originally Posted by ltc
The reason is simple.
Overproduction.
I wonder what a 996 Turbo would be worth if only a very few owners were selling them?


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