993 WB Values are UP!!!
03-04-2021, 09:11 PM
#31
I agree with toona fed is printing so many trillions that our $ is worth less. It cost more $ to buy. Inflation. My two cents.
The following 3 users liked this post by Gdub:
03-04-2021, 09:58 PM
#32
My concern is that the values appreciate to the point where buyers are no longer the enthusiasts that built this site. The more value threads popping up seem to point this direction. It's disappointingly similar to the later water cooled threads that cover nothing but values, production numbers, and PTS choices.
Maybe I'm getting old. When I bought my 993, values were in the tank and I paid less for it than a new Camry. Times have changed.
Maybe I'm getting old. When I bought my 993, values were in the tank and I paid less for it than a new Camry. Times have changed.
The following users liked this post:
George from MD (10-04-2023)
03-04-2021, 10:05 PM
#33
Originally Posted by ender928
My search was the complete opposite, although I was looking for only a 1998 WB and ended up buying a wrecked one, I'm looking to pick up 1 more mint example and a turbo. I had a few leads on local cars and anything reasonably priced is sold immediately, there was a 98 WB at the local Porsche dealer for 90k and I reached out the same day it was posted online and it was already sold. They also had a turbo for 125k that was sold prior to me contacting them. I think this will be a sustained trend and I'm looking to pick up my other two cars as soon as I can.
I almost bought a local Turbo back in Fall 2018. But ended up waiting on my 718 Spyder. From a value perspective should have bought the Turbo!
I noticed plenty of Turbos on the market in Jan. Don't know now.
03-04-2021, 10:33 PM
#34
Rennlist Member
Originally Posted by SToronto
Sustained for how long? It seems something has inflated in the last 2 weeks.
I almost bought a local Turbo back in Fall 2018. But ended up waiting on my 718 Spyder. From a value perspective should have bought the Turbo!
I noticed plenty of Turbos on the market in Jan. Don't know now.
I almost bought a local Turbo back in Fall 2018. But ended up waiting on my 718 Spyder. From a value perspective should have bought the Turbo!
I noticed plenty of Turbos on the market in Jan. Don't know now.
03-04-2021, 10:35 PM
#35
Rennlist Member
My concern is that the values appreciate to the point where buyers are no longer the enthusiasts that built this site. The more value threads popping up seem to point this direction. It's disappointingly similar to the later water cooled threads that cover nothing but values, production numbers, and PTS choices.
Maybe I'm getting old. When I bought my 993, values were in the tank and I paid less for it than a new Camry. Times have changed.
Maybe I'm getting old. When I bought my 993, values were in the tank and I paid less for it than a new Camry. Times have changed.
03-04-2021, 10:36 PM
#36
Originally Posted by chsu74
Won't be long. Stock market entered a correction(not a hit) phase little bit over two weeks ago. I am guessing sales start happening 8-10 weeks from now. There is going to be all kinds of stuff people are going to have to let go.
03-04-2021, 10:40 PM
#37
My concern is that the values appreciate to the point where buyers are no longer the enthusiasts that built this site. The more value threads popping up seem to point this direction. It's disappointingly similar to the later water cooled threads that cover nothing but values, production numbers, and PTS choices.
Maybe I'm getting old. When I bought my 993, values were in the tank and I paid less for it than a new Camry. Times have changed.
Maybe I'm getting old. When I bought my 993, values were in the tank and I paid less for it than a new Camry. Times have changed.
The following 3 users liked this post by Onami:
03-04-2021, 11:15 PM
#38
Rennlist Member
Average "sticker price" of a 993 coupe in '95 was what? $65,000? That's probably what a nice one would sell for today but in today's Dollar, not 1995 Dollars. Add in the property taxes, insurance and maintenance and you come to realize that these are not necessarily "investments". They're enthusiast cars for those who aren't interested in their upside potential but for what they represent: Last of the air-cooled Porsches...and they're fun to drive and drop-dead gorgeous!
The following 3 users liked this post by NC TRACKRAT:
03-04-2021, 11:43 PM
#39
Burning Brakes
Barring an economic collapse how many 993 owners would need or want to sell, a handful? I don't think this group would be materially affected by a stock correction to the point that we see a flooded market.
03-04-2021, 11:57 PM
#40
Burning Brakes
Is it more likely that owners of newer models would fall into a 'forced to sell' category?
The following users liked this post:
WhipE350 (05-18-2021)
03-05-2021, 12:00 AM
#41
Burning Brakes
Sustained for how long? It seems something has inflated in the last 2 weeks.
I almost bought a local Turbo back in Fall 2018. But ended up waiting on my 718 Spyder. From a value perspective should have bought the Turbo!
I noticed plenty of Turbos on the market in Jan. Don't know now.
I almost bought a local Turbo back in Fall 2018. But ended up waiting on my 718 Spyder. From a value perspective should have bought the Turbo!
I noticed plenty of Turbos on the market in Jan. Don't know now.
03-05-2021, 12:42 AM
#42
if i were a WB 993 owner who felt like the increasing price in USD made me less likely to drive my car, i'd consider selling the WB and immediately buying a NB 993.
the marginal difference in driving experience is less than the marginal difference in price in USD.
call it porsche arbitrage.
the marginal difference in driving experience is less than the marginal difference in price in USD.
call it porsche arbitrage.
The marginal difference being the lighter NB car feels slightly better?
03-05-2021, 01:01 AM
#43
if i were a WB 993 owner who felt like the increasing price in USD made me less likely to drive my car, i'd consider selling the WB and immediately buying a NB 993.
the marginal difference in driving experience is less than the marginal difference in price in USD.
call it porsche arbitrage.
the marginal difference in driving experience is less than the marginal difference in price in USD.
call it porsche arbitrage.
This is, more or less, exactly what I did, though slightly differently. I bought a C4S (22k miles) and C2 (36k miles) at the exact same time, because I couldn't decide which to buy. (Believe it or not, and I didn't plan this, they arrived on the same truck, one from CA and one from CO.) I figured the only way to decide was to own and drive them and then decide. When I bought the cars there was only a $36k difference in the actual prices I paid, but I ended up selling the C4S for a price that was nearly 2x of the cost of the C2. (There were of course other costs involved; here I just refer to actual purchase prices.)
The C4S was for sale for about 17 mos. and finally sold in May last year, right at nearly the peak of the pandemic.
The following users liked this post:
KJR50 (03-07-2021)
