LeeM Posted 20November, 2023 Report Share Posted 20November, 2023 5 hours ago, JWM said: has your favourite wheels too 😂 Yeah nah 😅😅 Ta mate 👍 JWM and tomo 2 Quote Link to comment Share on other sites More sharing options...
kov Posted 22November, 2023 Report Share Posted 22November, 2023 https://collectingcars.com/for-sale/2001-porsche-911-996-carrera-11 Not a lot of interest in this old girl? Only a couple of bids, hope there’s no reserve and I pick it up for 40k 😝 I recall speaking to the owner in Sydney years ago. From memory he was asking low 50’s…. CC ad states it’s being sold by a motor trader now… Will be interesting to see what happens in the last few hours, I’m sure it will get passed in.> I was wrong! JWM and sjm 2 Quote Link to comment Share on other sites More sharing options...
Harsh Posted 22November, 2023 Report Share Posted 22November, 2023 I think you are right. CC should state there is a reserve and start the bidding from that point, or close to it. Otherwise what is the point! Good luck JWM 1 Quote Link to comment Share on other sites More sharing options...
JWM Posted 22November, 2023 Report Share Posted 22November, 2023 Sold for $59k (plus fees)... Did one of you guys get it @kov, @Harsh? Spets87, tomo and t888 3 Quote Link to comment Share on other sites More sharing options...
t888 Posted 22November, 2023 Report Share Posted 22November, 2023 Wow it looks to have sold, $59k +6%. Sounds about right for a 996 manual at the moment IMO. Here's my view : 996 cab manual say $50k 996 Coupe around $60k 996 C4s $70k 997 base carrera coupe manual $85k. 997 c2s around $95k All assuming kms over 100k kms etc. Harsh and JWM 2 Quote Link to comment Share on other sites More sharing options...
vinnytang Posted 22November, 2023 Report Share Posted 22November, 2023 47 minutes ago, t888 said: Wow it looks to have sold, $59k +6%. Sounds about right for a 996 manual at the moment IMO. Here's my view : 996 cab manual say $50k 996 Coupe around $60k 996 C4s $70k 997 base carrera coupe manual $85k. 997 c2s around $95k All assuming kms over 100k kms etc. That car will be closer to $70k once a lot of the deferred maintenance is sorted for worry free motoring, I think the result reflected that. Regardless, a six speed 996 coupe under $70k is still the best value 911 fun to be had. I am a bit biased though. TwoHeadsTas, Troubleshooter and t888 3 Quote Link to comment Share on other sites More sharing options...
CapnHyaku Posted 22November, 2023 Report Share Posted 22November, 2023 7 hours ago, Harsh said: start the bidding from that point, or close to it. Otherwise what is the point! Please allow me to make a counter point: It's important that a reserve be private because it prevents "no bid" auctions if a reserve is set to high. One of the important functions of an auction is to allow the market to give a true reflection of the demand or value of an asset or commodity. If the minimum bid in this case was say $100,000 and no bids below this were permitted, no one would have bidded and we would never learn the market value of this specimen was $69,000. Conversely having a public reserve too low allows a low-bidder auction to clean up and set a new benchmark that is lower than the true value. Other owners might see someone walk away with a $40,000 steal on a $20,000 reserve, but only because other potential bidders lost interest after seeing the sale price go twice the reserve. Of course I am talking about the ideals of an auction, and there are a lot of bad actors out there gaming the system in various markets where auctions take place to cause perverse outcomes. LeeM, JWM, michel and 1 other 3 1 Quote Link to comment Share on other sites More sharing options...
kov Posted 22November, 2023 Report Share Posted 22November, 2023 2 hours ago, JWM said: Sold for $59k (plus fees)... Did one of you guys get it @kov, @Harsh? No mate, I wasn’t serious about it. I’m waiting for that C4S beauty to drop another 10k and then maybe give old mate a call. 1 hour ago, vinnytang said: That car will be closer to $70k once a lot of the deferred maintenance is sorted for worry free motoring, I think the result reflected that. Regardless, a six speed 996 coupe under $70k is still the best value 911 fun to be had. I am a bit biased though. IMS hadn’t been done so that’s 6/8k and I totally agree with you on road circa 70k JWM, vinnytang and Harsh 3 Quote Link to comment Share on other sites More sharing options...
AndrewM Posted 22November, 2023 Report Share Posted 22November, 2023 4 hours ago, vinnytang said: That car will be closer to $70k once a lot of the deferred maintenance is sorted for worry free motoring, I think the result reflected that. Regardless, a six speed 996 coupe under $70k is still the best value 911 fun to be had. I am a bit biased though. For a UK delivered 996, you will likely have challenges selling it for 70k, even if that is a reasonable price after you have spent 11k if not more like 20k, * PCCM+ Radio Update (Definitely worth it!) * IMS + Clutch * Tyres * Suspension (and likely arms/ bushes) * Motor and Gearbox mounts Quote Link to comment Share on other sites More sharing options...
JWM Posted 22November, 2023 Report Share Posted 22November, 2023 2 minutes ago, AndrewM said: For a UK delivered 996 Write up said "This original Australia-delivered model"...? 2 minutes ago, AndrewM said: * IMS + Clutch * Tyres * Suspension (and likely arms/ bushes) Agree it's very likely that anyone will need to do all on your list (+ engine and g/b mounts) for any 996 you buy today that hasn't had it done already .... Quote Link to comment Share on other sites More sharing options...
AndrewM Posted 22November, 2023 Report Share Posted 22November, 2023 2 minutes ago, JWM said: Write up said "This original Australia-delivered model"...? My bad - read "York Motors Porsche" so I assumed UK... JWM 1 Quote Link to comment Share on other sites More sharing options...
Harsh Posted 23November, 2023 Report Share Posted 23November, 2023 17 hours ago, CapnHyaku said: Please allow me to make a counter point: It's important that a reserve be private because it prevents "no bid" auctions if a reserve is set to high. One of the important functions of an auction is to allow the market to give a true reflection of the demand or value of an asset or commodity. If the minimum bid in this case was say $100,000 and no bids below this were permitted, no one would have bidded and we would never learn the market value of this specimen was $69,000. Conversely having a public reserve too low allows a low-bidder auction to clean up and set a new benchmark that is lower than the true value. Other owners might see someone walk away with a $40,000 steal on a $20,000 reserve, but only because other potential bidders lost interest after seeing the sale price go twice the reserve. Of course I am talking about the ideals of an auction, and there are a lot of bad actors out there gaming the system in various markets where auctions take place to cause perverse outcomes. agree with most of what you are saying, they don't even mention that there is a reserve on their page. I would expect the reserve to be a little closer to the expected final sale price. Anything more than that is a bonus for the vendor 19 hours ago, JWM said: Sold for $59k (plus fees)... Did one of you guys get it @kov, @Harsh? no Quote Link to comment Share on other sites More sharing options...
CapnHyaku Posted 23November, 2023 Report Share Posted 23November, 2023 (edited) 36 minutes ago, Harsh said: they don't even mention that there is a reserve on their page Yeah, I agree that's more up for debate. Because there's pros and cons to both, knowing there is a reserve can discourage bidding, but so can not knowing if there is a reserve... all game theory. The objective of an auction should always be a transparent pricing signal to the market. Edited 23November, 2023 by CapnHyaku Harsh 1 Quote Link to comment Share on other sites More sharing options...
Boosh Posted 18December, 2023 Report Share Posted 18December, 2023 On 22/11/2023 at 17:38, JWM said: Sold for $59k (plus fees)... Did one of you guys get it @kov, @Harsh? Cars showing sold for A$53,300 now for some reason. Wonder what happened? Highest bidder pulled out maybe? Quote Link to comment Share on other sites More sharing options...
CapnHyaku Posted 18December, 2023 Report Share Posted 18December, 2023 7 minutes ago, Boosh said: Cars showing sold for A$53,300 now for some reason. Wonder what happened? Highest bidder pulled out maybe? That looks closer to a 2020 price for that car IMHO. Quote Link to comment Share on other sites More sharing options...
JWM Posted 18December, 2023 Report Share Posted 18December, 2023 59 minutes ago, Boosh said: Cars showing sold for A$53,300 now for some reason. Wonder what happened? Highest bidder pulled out maybe? Funny you mention this car. I looked it up on Collecting Cars a few hours ago as my mate sent me this listing at a dealer in NSW and I knew it looked familiar: http://www.gumtree.com.au/s-ad/1319839639 Thats very interesting about the price changing … I can’t remember the bidding history but it must have fallen back through quite a few bids to end there? Quote Link to comment Share on other sites More sharing options...
Mike-S Posted 18December, 2023 Report Share Posted 18December, 2023 E46 M3’s of similar age / kms are moving for around that price, having been well into the 60’s for a couple of years. At 53k I’d be tempted by the 996, that one was an interesting colour compared to most. Quote Link to comment Share on other sites More sharing options...
Spets87 Posted 18December, 2023 Report Share Posted 18December, 2023 25 minutes ago, JWM said: Funny you mention this car. I looked it up on Collecting Cars a few hours ago as my mate sent me this listing at a dealer in NSW and I knew it looked familiar: http://www.gumtree.com.au/s-ad/1319839639 Thats very interesting about the price changing … I can’t remember the bidding history but it must have fallen back through quite a few bids to end there? Nice looking car and it's not black or silver for a change. The interior does look like it needs a bit of a refresh. I wonder if it's on consignment now. Quote Link to comment Share on other sites More sharing options...
JWM Posted 18December, 2023 Report Share Posted 18December, 2023 3 minutes ago, Spets87 said: Nice looking car and it's not black or silver for a change. The interior does look like it needs a bit of a refresh. I wonder if it's on consignment now. It was in Victoria when it was on CC and now in NSW so I wondered if the dealer bought it? Brave if someone is trying to flip it in this market … kov, tomo and LeeM 3 Quote Link to comment Share on other sites More sharing options...
LeeM Posted 18December, 2023 Report Share Posted 18December, 2023 It's 's not really a sellers market at the moment, unless it's pretty special or the price is right. Mike-S 1 Quote Link to comment Share on other sites More sharing options...
jakroo Posted 23December, 2023 Report Share Posted 23December, 2023 This was on Carsales for a long time at about 45k and even as recent as this morning it was for sale. Cracking blue colour with tan interior C4. Did anyone on here look at it? I'm wondering why it was relatively cheap and took ages to sell. https://easyauto123.com.au/buy/used-cars/details/sold/WP0ZZZ99Z1S600352 Quote Link to comment Share on other sites More sharing options...
LeeM Posted 23December, 2023 Report Share Posted 23December, 2023 @jakroo Wasn't that bought the other day and is now $69,995 on Carsales? Quote Link to comment Share on other sites More sharing options...
jakroo Posted 23December, 2023 Report Share Posted 23December, 2023 6 minutes ago, LeeM said: @jakroo Wasn't that bought the other day and is now $69,995 on Carsales? I can't see it on there but I did spot an ocean jade one 😍. I really need a lottery win 🤦♂️ LeeM 1 Quote Link to comment Share on other sites More sharing options...
LeeM Posted 23December, 2023 Report Share Posted 23December, 2023 23 minutes ago, jakroo said: I can't see it on there but I did spot an ocean jade one 😍. I really need a lottery win 🤦♂️ I got it wrong. The car I was thinking of was posted on this page. I really should look before I leap sometimes 🙄 And yes, a lotto win would be VERY handy right now Quote Link to comment Share on other sites More sharing options...
Lifes Good Posted 30December, 2023 Report Share Posted 30December, 2023 Does anyone know any history on the ocean blue on Savannah 6.1 manual coupe on Carsales asking 75k? C23, 208k kms, no IMS, genuine aerokit but non-XAA Quote Link to comment Share on other sites More sharing options...
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