2001 Porsche 911 Turbo

About a month ago, I came across a really nice 2002 Porsche 911 Turbo painted in Orient Red Metallic with just 9,900 miles on the odometer. Of course, it looks like it sold for $55,100, which I thought was a good buy, but then was relisted shortly after and was only bid to $44,000. Such is life trying to sell an expensive car on your own in 2020. As luck would have it another 996 Turbo in Orient Red popped up for sale, although this one has 72,000 miles and is a 5-speed Tiptronic, not the the 6-speed manual transaxle. What does that do for the price? Not much it seems.

CLICK FOR DETAILS: 2001 Porsche 911 Turbo on eBay

Year: 2001
Model: 911 Turbo
VIN: WP0AB29921S687273
Engine: 3.6 liter twin-turbocharged flat-6
Transmission: 5-speed automatic
Mileage: 72,000 mi
Location: Aurora, Illinois
Price: $39,800 Buy It Now

LOADED WITH VALUE!
Comes equipped with: ** All Passenger Cars Sold In 2001 For $38, 000 And Above Are Subject To A Luxury Tax **, 3-Spoke Leather Steering Wheel In Interior Color, 5-Speed Tiptronic Automatic Transmission, Am/Fm Stereo Radio W/Compact Disc, Carbon Decor, Carbon Fiber Rear Center Console, Carbon/Aluminum Tiptronic Shift Lever/Brake Handle, Delete Front Bumperettes, Front Leather Sport Seats, Full Leather Interior, Heated Front Seat, Self-Dimming Interior/Driver Exterior Mirrors, Special Exterior Paint, Speed Yellow Seat Belts, Stainless Steel Door Sills.

This Porsche 911 Carrera also includes Air Conditioning, Power Driver’s Seat, Climate Control, Power Passenger Seat, Memory Seat Position, Cruise Control, Tilt Steering Wheel, Power Steering, Power Windows, Power Locks, Sunroof, Power Mirrors, Moonroof, Driver Airbag, Fog Lights, Passenger Airbag, Intermittent Wipers, Side Airbags, Keyless Entry, Rear Defogger, Security System, AM/FM, Anti-Theft, Cassette, Rear Spoiler, Xenon, Remote Trunk Lid, Center Console, Heated Mirrors, Roll Stability Control, Premium Sound, HID Headlamps.

This looks like a fairly nice example with this big selling point other than the color being the carbon package. As expected with the carbon, there are a bunch of cracks in, probably some big enough to annoy you every time you get in it. The condition of the interior is right above average, and I’m sure some camera tricks are hiding a bunch of wear on the leather as it looks awfully shiny. 72,000 miles is well into the “well used” territory on these, even being one of the more livable 911 Turbo models. No mention of service history of course, just a never ending list remaining us that yes, in fact, a $130,000 car built in 2001 has power steering, power locks, and power windows.

The nearly $40,000 price tag strikes me as high. You can still buy a handful of 6-speed cars with this kind of mileage in the mid-$30,000 range without much issue, so this clearly seems like a dealer shooting high and seeing what happens. Yes, the color is rare, but I don’t think it garners a premium, especially with the current condition and lack of service records. $33,000? Sure. $40,000? No way.

– Andrew

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3 Comments

  1. This is pretty much right where market pricing is on a dealer 996tt. Mid mileage, cool color, well used. 33k is absurd. Automatics don’t hurt the tt much as a regular car. The 996 carbon is always destroyed unless a car was kept inside 100% percent of the time. That stuff is outrageously expensive to fix. 38k is what this should sell for at a dealer. It’s a bit rough but overall decent enough. The asking is within range of what a dealer should ask imho

  2. Tiptronic kills the value (and enjoyment) of 996-997 cars. If this were a 6 speed it is probably worth $40k or so. Tiptronic knocks around 15-20% off so around $32-34k is the correct market value.

  3. I purchased this car before seeing this blog back in April. I was able to purchase for $38K all in which included delivery from Chicago to San Francisco. Was also able to make it cheaper by arranging it as a private party sale(less taxes).

    The car does look a little rough, with the carbon fiber trim peeling and some light fading of the red paint.

    Drives and runs pretty well, with some small minor issues, like the transmission mounts being shot.

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