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993 TT seem to be appreciating at a faster rate than C2S and C4S

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Old 05-17-2015, 05:46 PM
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tim252
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Default 993 TT seem to be appreciating at a faster rate than C2S and C4S

The turbo's seem to be appreciating at a faster rate than C2S's and C4S's. All are impressive but why such a standout for the Turbo?

Like to like a Turbo when new was 60,000 more than C2S; yet, a low mile turbo vs a low mile C2S the appreciation is a lot more than this?

Any reasons why and do you believe that there is still room to grow in appreciation of C2S, C4S, and Turbo? Or bubble
Old 05-17-2015, 06:14 PM
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fatmike
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Well, the TT was stagnant about 3 or 4 years ago. The C4S and CS were closing the gap, and probably reached 80% or 90% of the value of the TT. From there the Turbo values rose fairly rapidly.

I predict, we see the same cycle again. The C4S and CS values will raise into the void created by the Turbo moving up.

The narrow body cars will then come in behind.

The Turbo is the leader and sets the price, the others follow behind.


/
Old 05-17-2015, 06:45 PM
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KeninBlaine
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Like with any collector, typically the highest end and most powerful model of a given car will hold value the best. With American collectors such as Cudas, Corvettes, etc it is usually the big block versions that command the best prices.
Old 05-17-2015, 06:50 PM
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u7t2p7
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Originally Posted by fatmike
Well, the TT was stagnant about 3 or 4 years ago. The C4S and CS were closing the gap, and probably reached 80% or 90% of the value of the TT. From there the Turbo values rose fairly rapidly.

I predict, we see the same cycle again. The C4S and CS values will raise into the void created by the Turbo moving up.

The narrow body cars will then come in behind.

The Turbo is the leader and sets the price, the others follow behind.


/
Agreed; different models simply increase at different times. When the leaders jump, the "affordability factor" increases for the next lower priced model. Same thing happened to the 964 vs the 993 (NB). There was a $15- 20k price spread a few years back. Now the 964 coupe is on par with the 993. Also if you look at ALL turbos, from the 70's, 80's and 90's, they increased very quickly and in some cases like the 70's version rose in price by 50% in one season.
Old 05-17-2015, 07:04 PM
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myflat6
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I agree about the 964 v 993 prices lately. In fact, it seems that low mileage 964 NB coupes are occasionally priced higher than similar 993 NB coupes. I know fewer 964s were made but it is surprising how quickly the gap has closed.

Originally Posted by u7t2p7
Agreed; different models simply increase at different times. When the leaders jump, the "affordability factor" increases for the next lower priced model. Same thing happened to the 964 vs the 993 (NB). There was a $15- 20k price spread a few years back. Now the 964 coupe is on par with the 993. Also if you look at ALL turbos, from the 70's, 80's and 90's, they increased very quickly and in some cases like the 70's version rose in price by 50% in one season.
Old 05-18-2015, 05:19 PM
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doublecabmel
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And then there is the Turbo S
Old 05-18-2015, 05:40 PM
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vincer77
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In the long run, turbos are always going to be the better appreciating model IMHO. People want performance. Especially the 993TT as it is such a refined car compared with the likes of the 930s.

I am actually rather shocked that the S models have had such hefty appreciation. The wider rear with the same NA engine as the narrow bodied car actually make the car slower - unlike previous S models. But scarcity is at work there.
Old 05-18-2015, 09:39 PM
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Linnm
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Nobody mentioned that there are a lot less number of Turbos than the regularly aspirated cars.
Old 05-18-2015, 10:41 PM
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tim252
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There is nearly half as many C2S's as Turbo's!
Old 05-18-2015, 11:03 PM
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soundbehindyou
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If the numbers are correct (quoted from Excellence Magazine) US 993 imports of C2S = 1752,
C4S = 2327, Tubo = 1909, Turbo S = 176
Old 05-18-2015, 11:06 PM
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mpruden
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This image floats around a lot. Not sure how accurate it is, but assuming it is close enough...

I think the value is all in the hips. Porsche hit the design out of the park with the S cars, even if they are not all that rare relative to the other models, and are "show" not "go" (Turbo look and all) If you want rare without the price increase (based on this US-centric data), get a C4 Cab, C4 Coupe or Targa.

Heck, my old targa is twice as rare as a C4S. I'll gladly take 2 WB cars for my car any day.
Old 05-18-2015, 11:34 PM
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JB 911
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2 numbers always jump out at me from that chart. 993 98 C2S's and the dude with the 97 C4
Old 05-18-2015, 11:43 PM
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Knight
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Let's put this into perspective here, the market demand is now driven by many who are non Porsche enthusiasts or those who have simply caught on to this whole air cooled craze too. And anybody new or not so knowledgeable in the finer details of the 911 always put the Turbo at the top. C'mon the phrase is commonly thrown around "is that a 911 Turbo!". I'm sure in the 90's most probably had the poster of the Turbo somewhere in the house. The Turbos are literally the poster Porsche 911, in my teens and growing up years it was definitely the dream 911 to own.

Regardless of production #'s it only make sense the Turbo commands a serious premium vs the WB especially for a road driven car and now that we are in a market probably driven by collectors or those with big wallets. Think about the long Porsche history of the Turbo models and specifically now the 993 version, a few quick points:

- Literally the road version of the 959 in terms of break thru technology
- In the 90's it was literally the fastest road production car
- It is the last air-cooled Turbo

So agreed at one point when they were literally only a 15-20% plus premium to WB it was very undervalued. If this is a bubble the Turbos will continue to rise at faster rate, especially when it's also chasing other Turbos like the 964 3.6 which has substantially appreciated. Many could say why is the 964 Turbo so much more than the 964 NA....
Old 05-18-2015, 11:45 PM
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tim252
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I think where i am getting nearly half C2S vs Turbo is world wide production. I believe something like 6000 turbo's were produced and 3700?? C2S. I could be out on these numbers.
Old 05-19-2015, 12:43 AM
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nowata
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Originally Posted by tim252
The turbo's seem to be appreciating at a faster rate than C2S's and C4S's. All are impressive but why such a standout for the Turbo?

Like to like a Turbo when new was 60,000 more than C2S; yet, a low mile turbo vs a low mile C2S the appreciation is a lot more than this?

Any reasons why and do you believe that there is still room to grow in appreciation of C2S, C4S, and Turbo? Or bubble
Hmmm let me take a shot. Because those who can are buying 993's for whatever the cost and, therefore, why not just get a turbo? There are enough who can apparently.

And then there's experiences like mine today as I got new tires installed. The guy at the counter says that's a cool car. Is it a turbo?

My response was no. My internal response was "f no. if it was I wouldn't have driven it in the rain to discount tire. Duh!"

Therefore, turbos are the most because they're the most.


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