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I hope all you "Early 911" folks aren't as crazy as this guy!!!

As most of you know, I have my car for sale; 85 Carrera Targa, 48,000 miles, concours winner and all original. This guy just sold his 1970 911 T and wants a carrera. His offer.........$15,000 ! He claims Kelly Blue Book lists this as a private party value in excellent condition which is TRUE. However, I have NEVER seen a $15000.00 price paid for a low mileage, original example like mine, have you? Hell, $20k buys you a nice, clean 75k+miles example that may need a little work done and may not have the original stuff on there! Now, I would understand if the guy never had a 911, but this guy does/did and he does all the work on his old one himself! He doesn't sound like idiot, but his offer sure makes him one in my book! He claims he will not pay over KBB for ANY PORSCHE. I told him I would pay him $2000.00 to buy me a Porsche in absolute mint, original condition at the KBB price when I sell my car if he's so sure of these values. What a nut job ! Hope you early folks haven't been breathing the fumes this guy obviously has in his old Porsche!!!

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Old 09-02-2002, 12:04 PM
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He's obviously low-balling you - your car is worth more. We early 911 may be "nuts" about these cars, but that doesn't make us all crazy . I would wait for the right buyer, with a more reasonable offer.
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Old 09-02-2002, 12:17 PM
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Uhh, not out here. If you look at www.recycler.com, you will find the following:

08/20

1985 Porsche 911 Targa, Exec cond, only 114k mi, new tires,tune-up, interior exel, ext good, 16 in porsche alloys, white/blk, tail- books rec'ds,daily driver, perf upgrades
(click) P $15500

08/29 1985 PORSCHE 911 Cab, red, black leather, fldd, chrome alloys, nw trs, battery, alt, 120M, stored 5 yrs, ( 1CFJ453), $19,500 or best offer or trade - 661-645-4194
(click) P $19500

08/29 1985 PORSCHE 911 Carrea Targa, 5 speed, ldd, alloys, full leather, 106M, rebuilt engine w wrrnty, new clutch & Pirelli tires, detailed, pp, (JK10R), $18,500


08/29 1985 PORSCHE 911 targa carrera, updated to 92, fpwr, 3.2 engine, trpl black, chrome whls, cd/amp, vry clean, pp(512124) $18,950 or best offer - 818-601-2264


08/29

MUST SEE !!!
MUST SEE !!! 1985 PORSCHE 911 targa carrera, updated to 92, fpwr, 3.2 engine, trpl black, chrome whls, cd/amp, vry clean, pp, (512124) $18,950 or best offer - 818-601-2264 or 661-299-1278


A bunch of these are dealers, not private parties. Granted, your car is low-mileage and in great condition so it will garner more. However, most people think that their cars are worth more than they really are. In fact, the car is only worth as much as someone is willing to pay for it. If you are trying to sell your car in a hurry, then you won't get top dollar - it usually takes 6-9 months of selling to get that.

As for this guy being an idiot - he's not. He simply has a price point based on his own research. There's no harm in entering a lower offer - heck that is the crux of this country - supply and demand. You shouldn't be insulted by his offer - it's just an offer...

-Wayne
Old 09-02-2002, 12:44 PM
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Now you know what the folks who entertain your offers feel like Just kidding.

Speaking of 911Ts, I just bumped into the guy with the brown 911T you ran with in the mountains at the end of my road. He was curious as to your Porsche/BMW status and I relayed the latest.
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Old 09-02-2002, 01:07 PM
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You should be insulted by his offer - it's just an offer... '

I'm certain Wayne means "shouldn't" be insulted.

This is an issue that guys seem to come out on one side or the other. I don't think there's anything insulting about a cash offer for something that's up for sale. It means the buyer is willing to shut his mouth and put some money on the table. Whether it's in the ballpark the seller is looking for or not isn't the point, really -- since the seller doesn't have to accept the offer whether it's ridiculously low or ridiculously high. If I offered you $50,000 for the car, it would be equally inappropriate, on my part, but you probably wouldn't feel as insulted.

Some guys respond as though an offer is an iron-clad appraisal. 'Your car is worth this much, and you're a fool to think it's worth any more.' I just don't get that. If the guy offers you less than you want, you say no, and move on to the next buyer.

And as to whether early car guys are breathing fumes or not? Well, imagine going to a dance where some of the guys only ask the fat girls to dance because they enjoy the 'refinement and smooth ride of the later models'. We early guys like 'em lean, quick and strong.
Old 09-02-2002, 01:16 PM
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Obviously, this particular 'Early 911' guy is crazy. I mean, what early fan in his right mind would sell his early car and buy a safety-bumper car!!! -- Curt
Old 09-02-2002, 01:16 PM
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Quote:
Originally posted by cegerer
Obviously, this particular 'Early 911' guy is crazy. I mean, what early fan in his right mind would sell his early car and buy a safety-bumper car!!! -- Curt
I could not agree more!
Old 09-02-2002, 01:21 PM
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Quote:
Originally posted by JackOlsen
....... We early guys like 'em lean, quick and strong.......
Especially, with those "early" 3.6 motors.
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Old 09-02-2002, 01:33 PM
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Quote:
Originally posted by Doug Zielke


Especially, with those "early" 3.6 motors.
Kind of like silicon implants?
Old 09-02-2002, 01:49 PM
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Can I get a Mu Hah????
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Old 09-02-2002, 01:53 PM
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What Curt said - he beat me to it...

I almost want to make Jack's quote my signature:

"And as to whether early car guys are breathing fumes or not? Well, imagine going to a dance where some of the guys only ask the fat girls to dance because they enjoy the 'refinement and smooth ride of the later models'. We early guys like 'em lean, quick and strong. "

Hahahahahahahahahahhahaha ...... huh huh huh, ahhh..... hahahahah
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Old 09-02-2002, 02:03 PM
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Mu Hah!

Quote:
Originally posted by Doug Zielke


Especially, with those "early" 3.6 motors.
We also mustn't forget the fat-bottomed SC flairs....
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Old 09-02-2002, 02:49 PM
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The low offer is a 'rude-awakening' type of thing. Obviously, this car has not gotten many offers in the owner's ballpark, otherwise it would be sold by now. If the owner had 15 offers of $20, and one offer of $15K, then he wouldn't get upset...

???

-Wayne
Old 09-02-2002, 03:02 PM
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1st: Maybe you guys didn't get it, he says he will , in no way, pay more than the KBB values for ANY PORSCHE. He has NO INTEREST in talking price with me if it's anything over $15k! 2nd: Wayne- dude, I know you are "getting into the resale P-car business" and it shows....you are comparing cars with WAY MORE MILEAGE and rebuilt engines to a car with PCA Concours d' Elegance trophies, no paintwork, and all original parts (stock). It would be interesting to see what YOU would ask for a 355/400 point car, if you ever got your hands on one. I bet it wouldn't be $18k-$19k! 3rd; I live in Atlanta where 911s are NOT a dime a dozen, so the market is COMPLETELY different here. The local BMW tuner is offering me $22k for the car IF I DON'T BUY A CAR FROM HIM, and $24k if I do! He has SEEN the car, you guys HAVEN"T.

Besides, I'm not *****ing about my car being worth a fortune here. I want to see a show of hands of who's bought or sold a mint-I-don't-care-how-many-miles Carrera for $15k or less! Mint, being defined as, ALL ORIGINAL OR FULLY RESTORED TO SHOW CAR STATUS WITH A PLACING OF AT LEAST 3RD IN A REGIONAL PCA CONCOURS.

Guys, I have no problem with the "low baller"...I'm one of 'em! But this guy is out of his mind-he thinks he will find a 84-89 Carrera with less than 50k and NO Paintwork/All Records for $15k or less. I just don't think that's gonna happen any time soon!

And as for the early 911 folks, no offense intended in my thread, I love the early cars!!! I just thought it was odd that the first person with REAL PORSCHE EXPERIENCE that looked at my car was so clueless as to the worth of such car. Hey Jack, I'll give you $4000.00 for your car! Paul, yours is original, so I'll give you $4100.00! Ijust looked in the paper and that is what people are asking for pre-74 Porsches in my area! They are all rusted to hell and the motors don't Really run, but hey, that's the going rate. I'm kidding of course, but that's what it feels like! Did the word, "nut-job" pop into your heads? It did mine!
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Old 09-02-2002, 03:15 PM
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My brother bought a 87 Carrera targa for $14000. The seller had it listed for $15500. The seller was a collector who lost the lease on his storage facility. The seller was in a pickle with dealing with what to do with all the cars... so my brother got a SWEET deal....

so here we have an 87 for $14K and and you have a bigger offer for an older car.

We all want to make money on our investments... sometimes a bit of reality has to be factored into the equation.... Perhaps the market doesnt bear $20K for your car
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Old 09-02-2002, 03:18 PM
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Implants..

Quote:
Originally posted by makaio


Kind of like silicon implants?
Just to bring you into the 21st century, the plastic surgeons have been using saline for "at least" 10 years..silicon implants are like, well, like Curt says, "safety bumpers".....
Old 09-02-2002, 03:18 PM
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Almost forgot, I'm NOT insulted by his offer, rather it was the 2 HOURS of B.S. time I spent with him that really irks me! The car has been listed locally for about 2 weeks now so I have plenty of time.
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Old 09-02-2002, 03:23 PM
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R22Tech, the reality is lots of buyers are not willing to spend more money for a low mileage Carrera and will make an offer more appropriate to one of those in advertised in the LA Recycler with twice the miles and an asking price 18K on average per Wayne's post. I'm all for you getting what is a fair price for your car in your area.
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Old 09-02-2002, 03:41 PM
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Ahh, I get it. I was subtly trying to hint that your post seemed like a huge over-reaction that didn't seem terribly warranted. Especially the crack about the guy being a "nut job." So the car offered you $15K for the car, so what? (currently playing in my CD player )

Anyone who has sold anything in this world knows that there will be people who will waste your time. I'm not 'getting into the business of selling cars' - I've been doing it for years. I tell people what the car is worth, and what I'm willing to take for it. If I say my low offer is $10000, and they offer me $9950, I say no, because my low offer is the final offer. This is usually after I advertise the car for $11500 or so.

Did you put a price in your ad? Did you tell him what you were expecting to get from the car? Most people won't waste their own time if they know upfront. Sounds like you did not let him know what your price points were up front. If you didn't then I would suggest that you do that in the future...

Another thing - people usually don't care about concours wins. In fact, I hardly ever look at these cars, because just as nice ones can be found cheaper, where they haven't been entered in a show. Owners tend to place a premium on these cars that isn't always warranted. Also your car has a tail and a Targa top - two things that the majority of people do not like when they are buying a car. Most people like non-tail coupes. That will limit your pool of potential buyers.

If you have an offer in the range of $22-$24K then I would take it. Otherwise your car may be for sale for a very long time, looking for that 'perfect buyer.'

-Wayne
Old 09-02-2002, 03:44 PM
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Last edited by Jack Olsen; 09-02-2002 at 03:50 PM..
Old 09-02-2002, 03:44 PM
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