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Considering Flood 997 Rebuilt Title

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Old 11-20-2019, 12:05 PM
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997wannabe
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Default Considering Flood 997 Rebuilt Title

Hey Guys!

I am in the market for a 997.2 Carrera S and I have come across a dealer in VA that has a 2011 Carrera S listed for $34,000

I'm located in Atlanta so I haven't seen the car in person or driven it however the seller sent me a very good video of him driving it around, exterior shots, etc.

The car was bought at auction with 100,467 miles on it (manual trans by the way) and he has driven it around and put an additional 1,000 miles on it himself.

The car was totaled out due to flood damage a while back and has since received a rebuilt title.

Here is the link to the car:
https://www.cargurus.com/Cars/invent...ting=247705618

He says that everything runs and drives very well but I'm not sure how I feel about this.

What price would you jump on this car for?

I don't mind the mileage, the car has a new clutch in it as well.

What are your thoughts?

Thanks!
Old 11-20-2019, 12:13 PM
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GTorTT
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Not sure a 100k mile Carerra S with potential issues related to flood is worth $34k. I'd be concerned that some of the corrosion etc. may take time to occur. Was the flood fresh or salt water? Did it only come to the door sill or was the car more submerged? How long was the car in water? If it just got to the bottom of the seat you may be ok. I've heard that if water gets to the bottom of the seat the insurance companies will typically total the car. So much you don't know when you haven't seen the car. I'd be very careful.
Old 11-20-2019, 12:18 PM
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997wannabe
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Originally Posted by GTorTT
Not sure a 100k mile Carerra S with potential issues related to flood is worth $34k. I'd be concerned that some of the corrosion etc. may take time to occur. Was the flood fresh or salt water? Did it only come to the door sill or was the car more submerged? How long was the car in water? If it just got to the bottom of the seat you may be ok. I've heard that if water gets to the bottom of the seat the insurance companies will typically total the car. So much you don't know when you haven't seen the car. I'd be very careful.

He claims that the water only went up to the bottom lug nuts on the wheel. He says that everything works as it should. But honestly if it has been driven for 1,000 miles without issues, I don't know what else would just pop up out of nowhere.

After talking to him and haggling a little he said that he would let it go for $27k, he sent me the auction paperwork that shows he paid $28,500 for the car.
Old 11-20-2019, 01:12 PM
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hexagone
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hell no.

Considering the electronics in these cars, that's way too much of a gamble for something to crop up in the future.

Of course he's going to say that he has no issues... he's incentivized to sell the car. There's a reason this thing was totaled out.
Old 11-20-2019, 01:17 PM
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Iceter
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Gotta ask why he's willing to take a loss on the car after driving it only 1k miles.

There are always cars that get totaled after a weather event that shouldn't have. Are you willing to take that chance? There are a lot of crucial electronics mounted to the floor. I wouldn't buy one of these cars if it got.rained in, let alone flooded.
Old 11-20-2019, 01:26 PM
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boris_gti
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Car is listed for almost 36K.
Now.....he’ll let it go for 27K, AND he’ll take a loss on it (what a nice guy LOL)!

Something doesn’t add up..

I would stay away.
Old 11-20-2019, 01:26 PM
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This is a lot of car for $27K, so I can understand the temptation! This is some $20K rebate compared to market rate for a higher-mileage 997.2 C2S, which leaves a lot of space for a few repairs.

So, if it passes a thorough PPI I would think you could chance it, provided you are prepared to do some gremlin hunting and ideally can do some simple repair stuff yourself. (Also assuming that the car title makes it insurable in your state.)

Maybe a local forum member can check it out?
Old 11-20-2019, 01:33 PM
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93Jaffe
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Wow is that market price these days? I bought a clean title manual for less this year with 85k on the clock.

I was also looking at a flood damage 997 and actually just this morning thought how happy I was to not have bought it. The computers on these cars are extremely expensive and this car, at that price, offers a horrible risk/reward payout. I wouldn't buy it for low 20s.

I can offer some insight on electrical issues with cars. I bought a cheap winter car with a leak above the windshield. Some days the windows wont go up or down. Some days the radio won't change. The dash lights come and go. Point is, unless you're spending a few thousand like myself, avoid water damage.
Old 11-20-2019, 01:48 PM
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roadie13
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Originally Posted by 93Jaffe
Wow is that market price these days? I bought a clean title manual for less this year with 85k on the clock.

I was also looking at a flood damage 997 and actually just this morning thought how happy I was to not have bought it. The computers on these cars are extremely expensive and this car, at that price, offers a horrible risk/reward payout. I wouldn't buy it for low 20s.

I can offer some insight on electrical issues with cars. I bought a cheap winter car with a leak above the windshield. Some days the windows wont go up or down. Some days the radio won't change. The dash lights come and go. Point is, unless you're spending a few thousand like myself, avoid water damage.
For sure, if the price differential to a clean car is much lower than $20K then the attraction of this particular car goes way down. I thought that a clean high-mileage 2011 MT Carrera S would trade for mid forties at least.

Good catch for you if you got one even cheaper!

Last edited by roadie13; 11-20-2019 at 02:16 PM.
Old 11-20-2019, 01:48 PM
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Steve 911
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That's a Houston car.

https://autoauctionhistory.com/autom...he_911_carrer/

I'd run far away.

https://www.khou.com/article/news/lo.../285-441829215
Old 11-20-2019, 01:50 PM
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roadie13
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Originally Posted by Steve 911
That's a Houston car.

https://autoauctionhistory.com/autom...he_911_carrer/

I'd run far away.
Ugh.
Old 11-20-2019, 01:52 PM
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BSO
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Absolutely no, 100k are a significant number of miles and I would have to have to see an extensive service record on the car and consider how many owners it had it it's life, even if it didn't have the flood damage.

Then there's the flood damage. Current cars are too electrically complex and corrosion doesn't stop even though the car is now dry. Look at the Copart pictures, there's mud in the frunk area, that water level looks higher than the door sills, and the interior looks to be of different color, possibly changed.

You know Porsche parts can be expensive plus $34k is still a substantial sum.

Do not take anyone's statements at face value, I've read too many accounts of people being taken for a ride.

Keep looking.
Old 11-20-2019, 01:56 PM
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Interesting, google the vin and the car was part of a Civil Forfeiture in a fraud case too. I am also open to salvage sometimes. Water damage is a big no for me under any circumstance.
Old 11-20-2019, 01:56 PM
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https://www.justice.gov/file/1140326/download
Old 11-20-2019, 01:58 PM
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Steve 911
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Originally Posted by mrdeezy
Just read that as well. This car has quite a history. Whoever buys it should appear on vinwiki
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