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964 values - up? down?

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Old 03-15-2008, 08:46 PM
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Hildy911
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Default 964 values - up? down?

I'm just wondering. I browse the classifieds and it seems as if Porsche values in general are down. However, I have not seen a lot of 964s listed - as usual. I was wondering if there was an effect from the soft economy.
Old 03-15-2008, 09:42 PM
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RonCT
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My feeling is that while newer Porsche values may be down (ie: 996 / 997) that older values are up (964 in particular). I'd been looking for 6 months anyway for a nice 964 and they just got harder and harder to find with the prices feeling higher and higher. A 92 with 40k miles in Philly came on the market for $31k and I thought that was insane, but the car was great and it sold in 24 hours for $30k. Do a search and nation wide you won't find even a couple of manual shift 92-94 C2 coupes for sale... Supply and demand - maybe it's all of our Euro friends buying up our C2s to convert into RS clones
Old 03-15-2008, 10:48 PM
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Seaflat
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I agree, newer porsches going down makes ours more expensive.

Good time to pick up a Cayman S for a spare.

Oh and btw I am putting mine on the market for (think Austin Powers/Dr Evil voice).....

One hundred billion dollars......
Old 03-16-2008, 01:16 AM
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elbeee964
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Originally Posted by Seaflat

Good time to pick up a Cayman S for a spare.

Oh and btw I am putting mine on the market for (think Austin Powers/Dr Evil voice).....

One hundred billion dollars......


"All I'm looking for is a fleet of 9-six-fourrrrrs -- armed with lay-zurrrs.

-- Hmmm?


-- There aren't any? Not ONE?

You mean I can't get a simple 9-six-fourrrr, with a frickin' lay-zurrrr?....
Old 03-16-2008, 02:10 AM
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pete000
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Seems if the car is in good condition with low milage the value is good, older high milage cars with issues are low. You get what you pay for.
Old 03-16-2008, 01:26 PM
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I don't regard a C2 as investment grade, but prices have bottomed out. In 2002 I paid $27,500 for a 42,000 mile car - about right for a "no issues" 42,000 mile car today after adjustment for inflation. I now have 62,000 mile car, and I suspect it would sell for about the same as a 62,000 mile no issues C2 back in 2002, again inflation-adjusted. I say prices have been flat, and will start to head down until the economy recovers. I watched a very nice RSA sell for barely over 30K - showing even the rare models are not doing as well.



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