17 992.2 vs. 15 991.1S Resale Question
#16
Drifting
Well 993s may seem like low-production vehicles NOW, but when they were the current 911, Porsche made all of them that anybody would buy. They weren't "low production" in any normal sense of the word, like the 911R is low production.
I bought a low-spec 24k miles '96 C2 in 2002 for $33,000 -- it had depreciated just like 911s always do.
But something changed after water-pumpers became ubiquitous: a relatively large number of people decided they wanted an air-cooled car, either to add to their newer 996/997 or as an only 911. And with the 993 being perceived as the best of the air coolers, values took a quick run-up, with the "S" cars (Carrera 4S, Carrera S) significantly outpacing the standard C2 and C4.)
Now, in no way am I predicting the same for 991.1; who knows? But the conditions are analagous for something similar. As the "last of the NA Carreras", after turbos become ubiquitous the 991.1 could become more desirable than the first 991.2s. First will come a fairly standard depreciation curve though.
But when 992.2 or 994 has come out, and we're on Gen 2 or Gen 3 of turbocharged Carreras, the simple "differentness" of the NA cars might offer a romantic appeal to people, just as air cooled cars do today. Or maybe not.
And if they do, look for widebody cars to have a faster run-up than NB cars, with GTS manuals at the top of the curve.
All just speculation, but conditions are similar to 1999.
Caveat: of course, I agree with all the "just buy what you want" sentiments; I'm just engaging in a fun "what if" look into the future.
I bought a low-spec 24k miles '96 C2 in 2002 for $33,000 -- it had depreciated just like 911s always do.
But something changed after water-pumpers became ubiquitous: a relatively large number of people decided they wanted an air-cooled car, either to add to their newer 996/997 or as an only 911. And with the 993 being perceived as the best of the air coolers, values took a quick run-up, with the "S" cars (Carrera 4S, Carrera S) significantly outpacing the standard C2 and C4.)
Now, in no way am I predicting the same for 991.1; who knows? But the conditions are analagous for something similar. As the "last of the NA Carreras", after turbos become ubiquitous the 991.1 could become more desirable than the first 991.2s. First will come a fairly standard depreciation curve though.
But when 992.2 or 994 has come out, and we're on Gen 2 or Gen 3 of turbocharged Carreras, the simple "differentness" of the NA cars might offer a romantic appeal to people, just as air cooled cars do today. Or maybe not.
And if they do, look for widebody cars to have a faster run-up than NB cars, with GTS manuals at the top of the curve.
All just speculation, but conditions are similar to 1999.
Caveat: of course, I agree with all the "just buy what you want" sentiments; I'm just engaging in a fun "what if" look into the future.
#17
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Well 993s may seem like low-production vehicles NOW, but when they were the current 911, Porsche made all of them that anybody would buy. They weren't "low production" in any normal sense of the word, like the 911R is low production.
I bought a low-spec 24k miles '96 C2 in 2002 for $33,000 -- it had depreciated just like 911s always do.
But something changed after water-pumpers became ubiquitous: a relatively large number of people decided they wanted an air-cooled car, either to add to their newer 996/997 or as an only 911. And with the 993 being perceived as the best of the air coolers, values took a quick run-up, with the "S" cars (Carrera 4S, Carrera S) significantly outpacing the standard C2 and C4.)
Now, in no way am I predicting the same for 991.1; who knows? But the conditions are analagous for something similar. As the "last of the NA Carreras", after turbos become ubiquitous the 991.1 could become more desirable than the first 991.2s. First will come a fairly standard depreciation curve though.
But when 992.2 or 994 has come out, and we're on Gen 2 or Gen 3 of turbocharged Carreras, the simple "differentness" of the NA cars might offer a romantic appeal to people, just as air cooled cars do today. Or maybe not.
And if they do, look for widebody cars to have a faster run-up than NB cars, with GTS manuals at the top of the curve.
All just speculation, but conditions are similar to 1999.
Caveat: of course, I agree with all the "just buy what you want" sentiments; I'm just engaging in a fun "what if" look into the future.
I bought a low-spec 24k miles '96 C2 in 2002 for $33,000 -- it had depreciated just like 911s always do.
But something changed after water-pumpers became ubiquitous: a relatively large number of people decided they wanted an air-cooled car, either to add to their newer 996/997 or as an only 911. And with the 993 being perceived as the best of the air coolers, values took a quick run-up, with the "S" cars (Carrera 4S, Carrera S) significantly outpacing the standard C2 and C4.)
Now, in no way am I predicting the same for 991.1; who knows? But the conditions are analagous for something similar. As the "last of the NA Carreras", after turbos become ubiquitous the 991.1 could become more desirable than the first 991.2s. First will come a fairly standard depreciation curve though.
But when 992.2 or 994 has come out, and we're on Gen 2 or Gen 3 of turbocharged Carreras, the simple "differentness" of the NA cars might offer a romantic appeal to people, just as air cooled cars do today. Or maybe not.
And if they do, look for widebody cars to have a faster run-up than NB cars, with GTS manuals at the top of the curve.
All just speculation, but conditions are similar to 1999.
Caveat: of course, I agree with all the "just buy what you want" sentiments; I'm just engaging in a fun "what if" look into the future.
The 991.1 prices are already an outlier in terms of depreciation. I could likely make a couple bucks on what I paid for mine 18 months ago given the market now. That's after driving it 6K miles. I think NA is part of it.