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I bought my '95 C-4 Cabriolet new. If I remember correctly, I paid $88,000.00. I haven't seen a C-4 Cabriolet selling today for a price close to what I paid in either '95 or 2022 dollars. I enjoy my car. I don't regret paying the price paid new, notwithstanding not getting the purchase price if I decide to sell.
And, I'm the buyer. I'm picking it up in Beverly Hills on Monday. This is my first 993 after a handful of 996s, a 997, a 991.2 GT3 Touring and my current 992 GT3 Touring. I became enamored with 911s in the 996 era and didn't know what I'd missed until recently. I love my GT3T but have only put ~1,500 miles on it in a year. I'm looking forward to driving this relatively pristine 993 on a regular basis. I feel like someone saved 50,000 miles worth of awesome driving for me and I'm just fine overpaying for that experience.
And, I'm the buyer. I'm picking it up in Beverly Hills on Monday. This is my first 993 after a handful of 996s, a 997, a 991.2 GT3 Touring and my current 992 GT3 Touring. I became enamored with 911s in the 996 era and didn't know what I'd missed until recently. I love my GT3T but have only put ~1,500 miles on it in a year. I'm looking forward to driving this relatively pristine 993 on a regular basis. I feel like someone saved 50,000 miles worth of awesome driving for me and I'm just fine overpaying for that experience.
That's the exact point, there are so few 993s in mint conditions that the minimum one can do is pay them a lot...and I am confident you are aware you did kind of an investment, the times are turbolent and a such a car stored in the garage can't volatilize in the time of a night...
I think the owner of 993s had, have, will have the luxus of experiencing something rare, precious, unique, something supposed to be for rich people.
A not particularly super mint 993 turbo S is now worth more than 500k, the 993 RS are well above 250k as well as 993 turbo are hard to be found underneath 200k.
But to me price considerations affect the potential buyer, not the current owners, because I honestly don't see a legitimate reason to sell, I could understand selling a 964, a G, a 2.7 RS, but not your 993, because she isn't just another 911, but she is the Queen of them all.
And yes, if I could afford them, I would gladly buy 964s, G-models, etc., but I am sure i could also sell them.
I bought my '95 C-4 Cabriolet new. If I remember correctly, I paid $88,000.00. I haven't seen a C-4 Cabriolet selling today for a price close to what I paid in either '95 or 2022 dollars. I enjoy my car. I don't regret paying the price paid new, notwithstanding not getting the purchase price if I decide to sell.
Low mileage 993 cabs are getting close to your purchase price (minus inflation):
And, I'm the buyer. I'm picking it up in Beverly Hills on Monday. This is my first 993 after a handful of 996s, a 997, a 991.2 GT3 Touring and my current 992 GT3 Touring. I became enamored with 911s in the 996 era and didn't know what I'd missed until recently. I love my GT3T but have only put ~1,500 miles on it in a year. I'm looking forward to driving this relatively pristine 993 on a regular basis. I feel like someone saved 50,000 miles worth of awesome driving for me and I'm just fine overpaying for that experience.
This, sir, is your victory! Congrats, and enjoy as so many of us here have!
Likewise, a huge kudos to Twightlightblue for being one of the rare ones to have picked up these beauties new and driven them as they should be!
I was ever so fortunate to pick up my dream car in 2001. Got the greenlight from my beautiful cfo and there it is, in my avatar. Bought for a very dear-to-me 42k (iirc) at the time with 50k miles, and now at over 180k miles or so, I can't help but count the joy! Today, I could not even come close to a 993, or even and SC, so yes, I am an uber-blessed guy! Enjoy the new year and car adventures in health and wellness, friends!
Well… $1 in 1996 is a $1.90 in today’s dollar so not really … add gas, insurance, maintenance and cost to store over all those years and it’s a loss.
That's correct, BUT compare that with other cars and expensive toys. What's the value of a 1997 Corvette or a M BMW from that time in today's world? Just naming two cars, that applies to others as well.
There is not really any other car that holds value like a 911, especially air cooled 911s.
That's the exact point, there are so few 993s in mint conditions that the minimum one can do is pay them a lot...and I am confident you are aware you did kind of an investment, the times are turbolent and a such a car stored in the garage can't volatilize in the time of a night...
I think the owner of 993s had, have, will have the luxus of experiencing something rare, precious, unique, something supposed to be for rich people.
A not particularly super mint 993 turbo S is now worth more than 500k, the 993 RS are well above 250k as well as 993 turbo are hard to be found underneath 200k.
But to me price considerations affect the potential buyer, not the current owners, because I honestly don't see a legitimate reason to sell, I could understand selling a 964, a G, a 2.7 RS, but not your 993, because she isn't just another 911, but she is the Queen of them all.
And yes, if I could afford them, I would gladly buy 964s, G-models, etc., but I am sure i could also sell them.
This is one I find hard to swallow and I usually agree with your posts. However, with all due respect I would never trade any of my 964's for a 993. I do consider them both fantastic cars. I have many 993 parts in some of my 964's as they had some upgrades that IMO should have been introduced on the 964 but took a few years for them to figure out. Both cars have their pros and cons. Looks are subjective as is the experience each offers. The 993 has always held its value and will continue too. From a 964 owners perspective not many 993's were used abused like its older ugly duckling sibling and so many are still in pristine condition in comparison. No other 911 has gone from where it was (unwanted and sold off for parts cars or track rats) to where it is as the 964. I have standing offers for between 800-1000% over what I paid for my 964's, far more than some comparable 993's and enjoyed them for thousands of miles over the years.
Prices seem to be stabilizing on everything but cars like the one discussed. This has gone on long enough that most buyers understand the pros and cons of each and what to watch out for as before they just purchased anything that looked the part. IMO a truly nice collector grade 911, any MY, will command huge money still. Especially unique colors, low miles and or bizarre options. However the run of themill 911's with high miles and skeletons in the frunk will continue to settle out no matter what MY. Collector grade is where the money is and sadly the enthusiast is no longer controlling the market.
I wonder how the mileage of this car can be proven, as it won't have any kind of service history with this mileage.
Actually if it was ever serviced at a Porsche facility all info would be recorded along with any completed or outstanding recall's. Many times I pull up a vin and find all sorts of conflicting info.
12-29-2022, 06:11 PM
