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993 Depreciation vs Appreciation

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Old 03-27-2007, 07:21 PM
  #31  
mborkow
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Originally Posted by John Velasco
It is amazing to me how afraid of mileage people are. I still have my C4s for sale and I have been dropping the price, but to no avail (41,000.00) and it only has 70,000 miles. It is in excellent shape but it is also white. So it is hard to determine what the market will bear.
70k miles is just when SAI is likely to rear its ugly head...having been through it once (at 72k miles) i'd be scared of your car also...i'd feel better about it having 100k miles (and no SAI history).
Old 03-27-2007, 07:22 PM
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endodoc
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Default Three Year Depreciation

which will keep a higher percentage of it's value a 2007 997S or any 993 that's worth 35k now and has under 50k miles.. anyone here want to take a wild quess.i have a 56 porsche speedster. could be worth 100k... have had 20k sitting in it for thirty years.would have been a better invevestment in almost any other asset .but i enjoy having had it .. these cars a hobby . if they some hold of their value thats a plus..
Old 03-27-2007, 07:31 PM
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Randy 1
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Originally Posted by endodoc
i have a 56 porsche speedster. could be worth 100k... have had 20k sitting in it for thirty years.would have been a better invevestment in almost any other asset .but i enjoy having had it .. these cars a hobby . if they some hold of their value thats a plus..
Yeah, but how many zero coupon bonds at 5.5% look as good?
Old 03-27-2007, 07:33 PM
  #34  
95 C4 993
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Originally Posted by LJ in Van
Cop car version??? What's that?
Research on my vehicle all the way back to Germany says it is some German cop car version.

In specific, I dont know exactly. I will have to ping Steve W. or Alex S (Alex's Autohaus in SLC) and find out the skinny again. Chipping my car became quite the task a few years ago. Three reputable chip companies chips would not work in my car.
Old 03-27-2007, 07:35 PM
  #35  
John Velasco
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I know that SAI is a problem in some of these cars and I am sorry you had it hit you, but this car burns very little oil and has been driven as Porsche should. I think many of the cars with this problem have been babied and this added to the failure of the openings. Porsche might have helped us out with harder guides though!

jv
Old 03-27-2007, 07:43 PM
  #36  
Wilder
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Originally Posted by John Velasco
It is amazing to me how afraid of mileage people are. I still have my C4s for sale and I have been dropping the price, but to no avail (41,000.00) and it only has 70,000 miles. It is in excellent shape but it is also white. So it is hard to determine what the market will bear.

jv
I don't think people are scared of higher miles, it's just that the market only seems to command a premium for low miles. My cab has 52k on it now and its in exceptional condition throughout. Yesterday I saw a black 97 cab with 10k mi for sale at a dealer. With all the mods and care that I've put into my car, truthfully, my car is in far better condition. The seals on the seams of the car for sale were dried up because it sat in a garage under an inch of dust for years and the paint had fading that couldn't buff out. Guess which car will sell for substantially more $$?

I wouldn't be too unhappy about $40k if I was you. How many cars can you sell for only 50% depreciation after 10 years and 70k miles of use? Most new cars take this hit within three years. Even 997s have depreciated by about 30% in two years.
Old 03-27-2007, 07:49 PM
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Originally Posted by 95 C4 993
Research on my vehicle all the way back to Germany says it is some German cop car version.

In specific, I dont know exactly. I will have to ping Steve W. or Alex S (Alex's Autohaus in SLC) and find out the skinny again. Chipping my car became quite the task a few years ago. Three reputable chip companies chips would not work in my car.
That's funky. I'd volunteer to be a cop if someone offered me a 993 as my patrol car. How much fun would that be?
Old 03-27-2007, 08:20 PM
  #38  
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I think its the computer in the car. I smell bacon and duncan donuts from time to time as well.
Old 03-27-2007, 08:42 PM
  #39  
John Velasco
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I won’t be un-happy with 40,000.00. When do you want to pick it up?

jv
Old 03-27-2007, 09:05 PM
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Originally Posted by John Velasco
I won’t be un-happy with 40,000.00. When do you want to pick it up?

jv
As soon as I find myself looking for a white S car.
Old 03-27-2007, 09:21 PM
  #41  
John Velasco
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Remember Glacier White has been known to be the fastest 993.
Old 03-27-2007, 11:38 PM
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911Jeff
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Default My 10 year old 96 cabrio

I bought my 96 cabrio in 97 from a friend of mine. He paid in the mid $90k's, drove it for a year and sold it to me for an upper $60k's price.
It has low milege, is properly well equipped as a touring GT and is in excellent conition with a fully documented service history. I think it's maybe worth half of what I paid. Both my friend, who owned it for a year when it was new, and I, who have owned it for a decade, have gotten more thank our money's worth of enjoyment. I have owned a dozen Porsches over the years, and I was lucky enough on occasion to have three at one time. I hope that I have this 993 for the rest of my driving life. It is the high point of the classic 911 design.
(I also have a boxster and I have a Panamera on order...OH BOY!)
If only they would put serious 911 power in the boxster.........
Old 03-28-2007, 12:04 AM
  #43  
993inNC
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My car is worth every dime and more that I have in it/paid for it. That statement hits me every time I walk up to or away from it These are by far the best looking 911's ever made. Not the fastest......maybe, not the best handling? maybe, but by the number of compliments I get on the car every time I'm out with it....................priceless, and a nice ego boost too

And after taking a trip thru Fleabay land last night, it is CLEAR that these cars are holding their values (if not increasing). 996 and even a couple 997's are going for less than some 993. Granted the 993's were Turbo's vs NA 996/997, but still to even have those models in the same price range seems crazy (in a good way) to me.
Old 03-28-2007, 01:17 AM
  #44  
tj90
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Originally Posted by endodoc
i have a 56 porsche speedster. could be worth 100k... have had 20k sitting in it for thirty years.would have been a better invevestment in almost any other asset .but i enjoy having had it .. t
Drooling!!!!
Old 03-28-2007, 08:20 PM
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Interestingly enough, RPM has two 98 C2S that are selling for more than their original sticker price? Is this a sign of prices to come? I wonder if they'll sell for asking price.


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