964 values - up? down?
#1
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.
#2
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
#3
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......
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......
#4
"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?....
#6
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.