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Old 12-30-2010, 05:01 AM   #1
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Quote:
Originally Posted by mts
I didn't mean to scare you off, but it's good you are doing your research and are informed about what you are getting into. If I were looking today, I would find a well taken care of 2003-2004 S model (obviously I'm partial to the 04 S Special Edition) and immediately get the basic engine upgrades done. You live realtively close to Jake Raby so getting the upgrades done would be easy.

The market on these cars (and most all sports cars for that matter) is really soft right now so some very good deals can be had. Put the engine upgrades into your purchase budget upfront, get it done, then go have a blast and sleep like a baby without this stuff to worry about......aside from the engine issues (which is a big deal, but can be fixed), these really are great cars in almost every way.

Good luck.
I'm looking for 986 or 987 and in searching the usual sites the prices on the 03/04 S are insane to me. Most 03 S are $22K with an occasional $24K and the 04 S are mostly $25K to $28K. Prices are way out of line. It's winter here in Philly and the prices for these cars are not coming down...yet. Hopefully they will soon.
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Old 12-30-2010, 05:12 AM   #2
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Don't forget those are likely ask prices, not sale prices and given that they don't look too far out of line to me. What are you thinking is fair for a nice 03-04 S?
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Old 12-30-2010, 05:22 AM   #3
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Quote:
Originally Posted by mts
Don't forget those are likely ask prices, not sale prices and given that they don't look too far out of line to me. What are you thinking is fair for a nice 03-04 S?
My gut says under $19K for 01/02 S, maybe $20K for an 03 S and about $21-22 for the 04 S. There are plenty of 03 S cars advertised for $22k and the 04 S are mid to upper $20's. I base this off of what I think an 05 S should sell for which is under $30K. There has to be a decent difference between an 986 and 987 to me and having an 04 S in the upper $20K's doesn't seem right to me. You can find some of these 986 cars priced right but they have 70K miles on them....

Hopefully this search link works. There is an 02 S for $28K!!!

http://www.cars.com/for-sale/searchresults.action?prMx=35000&sf1Dir=DESC&prMn=0&mkId=20081&mdId=20705&crSrtFlds=stkTypId-feedSegId-mkId-mdId-pseudoPrice-pseudoYear-transTypeId-trId&rd=500&zc=19317&PMmt=1-1-0&stkTypId=28881&sf2Dir=ASC&sf1Nm=price&yrMn=2002&sf2Nm=miles&transTypeId=28112&rpp=100&feedSegId=28705&trId=24752&searchSource=GN_REFINEMENT&pgId=2102

Last edited by SeaNile31; 12-30-2010 at 05:27 AM.
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Old 12-30-2010, 05:58 AM   #4
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I think that last set of prices are high

I have a 58K miles needs nothing '01S and I don't think I could get $16.5k for it and that would be spring time selling. I see real selling prices like that all the time. Mostly private sellers. You don't get the convenience of the dealers and the seller isn't as adept at giving you the warm fuzzies as the salesman is. But keep in mind CarMax made $2100 on every car they sold this year in a tough market so there has to be a gap between private seller and reseller. Maybe to get a better car, or a better price, or both.
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Old 12-30-2010, 05:59 AM   #5
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SeaNile31,

Look at this post http://986forum.com/forums/showthread.php?t=27314

Your market is even worse then mine! Dang those are high prices you list...looks like South Fl is the place to be...or come to NC, at least we can beat yours.

Cheers

Mike, I would have giving you 16.5 for yours, that would have been a good price for a great car when i was looking in oct/nov...I paid less for an 00 'S' but I'm sure yours was better maintained, I had to put a lot into mine...well a lot of it I wanted to put into it

Last edited by WhipE350; 12-30-2010 at 08:09 AM.
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