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How much should I sell my 944 for? (25,000 original miles)


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codaham
01-03-2005, 02:33 PM
Hey Everyone,

I'm thinking about selling my 1984 Porsche 944. I bought it less than 2 years ago but have decided to sell it so that I can purchase a home in the near future. I'm wondering how much I can expect to get for it.

Mileage: 25,000 original miles (Haven't come across one this low)
Condition: Excellent inside and out. My mechanic was very impressed with the condition of the vehicle.

Color: Black Interior and Exterior

The car hasn't been in any accidents or had any damge other than some punk kids who hit it with an egg one nights...took off a tiny amount of paint that I've covered up.

I bought the car for $10,000 knowing that I could have probably gotten in for less. At the time, I didn't care because it was in such great shape.

No real modifications have been done to the car...everything is original.

So, could somebody give me some ideas/suggestions for how much I can expect to get for it?

Thanks in advance for your help.

FabricGATOR
01-06-2005, 09:10 PM
The Edmunds website can help you evaluate selling and buying prices based on you geographical location, condition, mileage, etc......

I think it might be somewhat misleading. I figure that they probably (and all the other books... NADA, Blue Book......) get their data from the tax records. I'd bet that alot of dishonest people cheat when it comes time to pay the sales tax.

This is where it gets kinda neat........

Here in Florida... Martin County 6% sales tax, so its $60 dollars on every thousand. You said that you paid 10 thousand. Here when you register (if private sale) you would have to pay the $600 sales tax. Thats a bite! So you might be inclined to get creative and have a gentelmans deal with the seller. You buy the car for 5 thousand and the cigarette lighter for another five thousand..... Bill of sale for the car says 5 thousand now and you saved 300! Great thinking! What a businessman! Shrewd...

Here's the Karma..... Let say for arguments sake that 40% of the private sales do something like I suggest. Reality.... 80-90% wouldnt surprise me. But we'll go with 40%.......
100 Porshch 944 sell in this time frame.
60 sales claim $10K each
40 sales claim $5K each
standby while i remember how to do the math.........

Average selling price of those 944 would be reported as $8000 by nada, blue book, edmunds, etc. You may have saved $300 at first but contributed to the depreciation of your car by $2000.....shrewd business people...hehe ha ha ha ha ha

ONE LIE LEADS TO ANOTHER...... the next hundred cars selling for now $8000, 40% lie again (claim $4000) Your car is now reported as worth $6400

Have a nice day!

.

.

FabricGATOR
01-06-2005, 09:11 PM
Hey, Thats long winded junk mail just put me over the top...... I'm an AF Enthusiast!

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