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Plenty of BAT sales with cars with an accident history worse than that one, sold for a lot more $
In think in general when buying a 993 NB or WB, you have to ask yourself what you want out of it:
- collector garage queen investment, then stick to low mileage, non-accident, stock car
- OCD driver, buy the best car you can get, make it what you want and drive it
- track car, get in as cheap as possible, make it what you want, and drive the it as hard as you want
I think most folks already know this but the issue with even your last statement, there are no cheap 993s.. at least manuals.. I rarely see a 993 roller.. if you want to track and air cooled 911, you are better off buying a G series roller which are far more common. 964s are no different.. I have a friend that just finished a full restore project on a 91 964 and he bought a running car for $45k. Car's engine was pretty much shot, paint faded all around.. still that is alot of money to commit and not cheap by any stretch when you need and additional $50k for a restore.
Fascinating thread. Read all of it ...just wow! From a guy who bought a '95NB in '01, tracked it extensively for years as well as drove it daily since then, I can't fathom the prices these are fetching today! Not that I am complaining, but it's all academic to me, though it does stoke my ego a bit since I get to enjoy this gorgeous beast every day that I am blessed to breathe!!!
Now we have 180k miles or so, engine still races freely to redline, uses 1qt/2500-3000 miles (the same as when I bought it as I keep fastidious records), and runs as tight and precise as when I got her. I recall putting in the PSS9s, AR bars, and bushings maybe 15+ yrs ago --and that's it for mods, nothing more!-- and criminy does this car still feel solid and connected! I haven't a clue what kind of dough a NB with this many miles would fetch (again, for ego's sake anyway ), but I sure am fortunate to have gotten in when I did. For those on the cusp of making the 993 your dream car, I can't say enough for how reliable and satisfying it is to have such mechanical art at your disposal.
A few of old shots for grins and giggles ...and nostalgia! Attachment 1335615
Awesome post Edward...!! A true P-car aficionado indeed and wonderful to hear how you've enjoyed the car over 20+ years. Two questions:
1) did you manage to fit your entire family into the car?
and 2) how many speeding tickets have you got in it?
Just got my 993 but haven't had a chance to flex it with the winter weather, so I'm eagerly awaiting spring driving season and no doubt adding to my already impressive collection of speeding tickets....
My kids (four ...one's missing in that one) are all grown now, whenever any of them got in (even when little tikes sitting in a booster in the back) they'd scream out "cool turn" whenever we approached a corner as a prompting (um, to my wife's quasi-displeasure). Good times, indeed! Here's a couple of the family rides:
Sidenote: that chevy --kids still call her "the Burb" to this day-- has 210k on it and runs amazingly! Interior is thrashed and electronics are dying one by one, but is mechanically remarkable! The Volvo is now my son's (the puny tike, refer to kids pic, hahaha) ...170k miles and strong!
Funny thing about tracking your car: you don't feel like speeding on the roads. When there is a long stint between events, however, I absolutely get that itch. Which is why one must administer your track prescription regularly ...otherwise, you start driving like you're searching for an apex, LOL!!! Fun thing about having the SC is that it's lighter, louder, stiffer, and everything feels faster than it is ...hahaha!
I think that's low too. I'm at $60k for my 93k-mile C4. I'm trying to get to $90k, but haven't gotten there yet.
Just another data point, I just raised agreed value for my 63k mile C4 to $70k with Hagerty. Their price guide has the car at $64.5k and they had no issue adding the additional $5.5k. Not sure what would be required (if anything) to go to $90k...
Just another data point, I just raised agreed value for my 63k mile C4 to $70k with Hagerty. Their price guide has the car at $64.5k and they had no issue adding the additional $5.5k. Not sure what would be required (if anything) to go to $90k...
Interesting. Grundy last week allowed me to increase from $88K to $130K for my renewal no questions asked, just a few pictures. No appraisal or anything. This is on my 96 C4 with 84K miles. I just told them that in my mind given the current market, that is the true replacement value and their underwriting was good with that amount.
Just another data point, I just raised agreed value for my 63k mile C4 to $70k with Hagerty. Their price guide has the car at $64.5k and they had no issue adding the additional $5.5k. Not sure what would be required (if anything) to go to $90k...
my 96 C2 with 120k miles has an agreed value of 80k with Hagerty currently.
"It’s just another unfortunate sign of the times. This little 1995 Porsche 993 911 Carrera Cab has changed hands three times. In that time, its selling price has ballooned from $46,000 in February 2021, to $165,000 in January 2022. The car was also sold once in between these two sales on Bring a Trailer for $66,000, back in May of 2021.
That sale isn’t truly insane, though it is a nice profit for the owner who purchased it just three months prior. Bring a Trailer usually commands a premium and this is a clean, pretty little car. But, what could possibly make the price then jump nearly $100,000 in less than a year at Barrett-Jackson? Is the market that cuckoo bananas? Well, unfortunately for you and me, it is."
Last edited by FlatSix911; 04-05-2022 at 08:52 PM.
I see that you guys watch the market very closely by just reading this thread.
I have decided.to sell my 1998 993 C2S. It is Polar Silver Blue Interior about 38k miles. FULLY SERVICED. Not one need other than someone other than me who has time to drive it. What is a reasonable price and do you think I am best with Bring A Trailer or a standard website like cars.com or on Rennlist and Pelican for sale forums? I appreciate your input as many of you guys really have your finger on the pulse of the market. My last 1997 Coupe sold one Pelican fast and it was a decent car. Super courteous buyer.
I see that you guys watch the market very closely by just reading this thread.
I have decided.to sell my 1998 993 C2S. It is Polar Silver Blue Interior about 38k miles. FULLY SERVICED. Not one need other than someone other than me who has time to drive it. What is a reasonable price and do you think I am best with Bring A Trailer or a standard website like cars.com or on Rennlist and Pelican for sale forums? I appreciate your input as many of you guys really have your finger on the pulse of the market. My last 1997 Coupe sold one Pelican fast and it was a decent car. Super courteous buyer.
Thank you
G.
This thread is about the narrow body market. You might want to try posting in the wide body specific thread here:
"It’s just another unfortunate sign of the times. This little 1995 Porsche 993 911 Carrera Cab has changed hands three times. In that time, its selling price has ballooned from $46,000 in February 2021, to $165,000 in January 2022. The car was also sold once in between these two sales on Bring a Trailer for $66,000, back in May of 2021.
That sale isn’t truly insane, though it is a nice profit for the owner who purchased it just three months prior. Bring a Trailer usually commands a premium and this is a clean, pretty little car. But, what could possibly make the price then jump nearly $100,000 in less than a year at Barrett-Jackson? Is the market that cuckoo bananas? Well, unfortunately for you and me, it is."
Possibly could it be the first sign of inflaction?
Or maybe a combined effect of 25 y.o. and inflaction?
993s are easily better cars than 964s, except esthetically, which is something so very subjective noone can say something is absolutely best.
So if 5 years ago 964 prices were bananas, it was evidently only a matter of time.
Rules play their role(s) 😁
the 959 has the 1st place... 10 years ago here in italy you could buy a mint one for 200/250k: they were not available for sale back on 1987, so this regulation had even more effect and now I think they are well above 1,5 million.
American people are investing their money on old school 911.
"It’s just another unfortunate sign of the times. This little 1995 Porsche 993 911 Carrera Cab has changed hands three times. In that time, its selling price has ballooned from $46,000 in February 2021, to $165,000 in January 2022. The car was also sold once in between these two sales on Bring a Trailer for $66,000, back in May of 2021.
That sale isn’t truly insane, though it is a nice profit for the owner who purchased it just three months prior. Bring a Trailer usually commands a premium and this is a clean, pretty little car. But, what could possibly make the price then jump nearly $100,000 in less than a year at Barrett-Jackson? Is the market that cuckoo bananas? Well, unfortunately for you and me, it is."
Even with prices going crazy, this is so high for this car, something doesn't smell right. It looks like this car was for sale by Park Place in WA before it went to auction. There's no price on the Park Place add but I'd bet that it wasn't $160k https://www.parkplaceltd.com/used-ca...CA2999SS343436
The carfax linked in the Park Place add shows it was serviced in March at Chandler Porsche in AZ but doesn't look like it's be registered again.
Just another data point, I just raised agreed value for my 63k mile C4 to $70k with Hagerty. Their price guide has the car at $64.5k and they had no issue adding the additional $5.5k. Not sure what would be required (if anything) to go to $90k...
FWIW, Hagerty just released their new price guide and the value for a 96 C4 Coupe in #3 condition has been raised to $74k, #2 condition now @ $91k. Looks like I’m behind again with my agreed value. Interestingly, the convertible version is listed at almost $25k less in both conditions. Harsh.