A 997 Carrera S Price Update

Good Morning! That’s three emails in a row now with a dollar volume of over $1m and two emails in a row with the sell-through rate in the ‘80s. This week is starting off much better than last, I just hope the momentum keeps up!

THE MARKET

Sell-Through Rate (STR): 88%
Market Volume ($): $1,012,664
Market Volume (Units): 16

TOP SALES

2018 Porsche 911 GT3 $181,911 Bring a Trailer
2016 Porsche 911 GT3 RS $180,000 Bring a Trailer
2003 Porsche 911 GT2 $179,000 PCARMARKET
2016 Porsche Cayman GT4 6sp $123,500 Cars & Bids
1997 Porsche 911 Targa $79,500 Bring a Trailer

SPOTLIGHT

Every generation of 911 has some particular problem or failure point that usually gets discussed and debated exhaustively online. And some generations have two, with the more prevalent problem often burying the other one in discussion forums.

One such problem is the bore scoring issue that some 996 and 997 generation 911s face but has been overlooked due to all of the concerns about IMS failures. And like the IMS issue, LN Engineering offers a solution: “Nickies” cylinder sleeves, which, also give you the option to increase the displacement of your engine.

Today’s Spotlight car, this 2006 911 Carrera S Cabriolet 6-Speed is one such car that has had its bore scoring issues remedied through the installation of LN Engineering’s Nickies cylinder sleeves, their IMS bearing kit, and an IPD intake plenum. The Arctic Silver Metallic over Black full leather car shows 48,000 miles with some wear in the paint and interior and some curbing on the wheels.

The 997 C4S Cabriolet market has been softening since the new year with the majority of cars selling below the moving average of $46,000. Our Spotlight car however sold just above the moving average at $48,000. Based on the condition of the vehicle from the pictures, I would have put this one on the lower end of the price spectrum for mileage, probably closer to $43k-ish. But the work done to the car was pretty significant and should keep this car from any real service work for quite some time, and that right there is worth a bump in price.

The buyer paid for peace of mind here and to me, that is worth every penny. Well bought for sure but the seller got a very good price for their efforts in keeping this one mechanically sound.

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