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993 Depreciation vs Appreciation

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Old 03-26-2007 | 10:05 PM
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Default 993 Depreciation vs Appreciation

I've read a few threads on the 993 prices and as early as three years ago folks were saying that the 993 prices were rising....

I have no intention to sell right now but am aware that my car may hopefully at some point stop depreciating and actually increase in value. It seems like all the well-cared for 911s have at some point reached an "inflection point" when they stopped going down in value and started going up in value. Have we reached that point yet for the average well-cared for 993? I am not talking about the turbos, I know they are extremely rare and produced in very small numbers... Opinions??

Mark
1998 C4 Cab arctic/black (original owner)
Old 03-26-2007 | 10:16 PM
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The $50000 question!
Old 03-26-2007 | 10:20 PM
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You see 996 cars selling for less than 993's even though they are newer with more bells and whistles. This may not be an indication of 993's going up in price, but it does show them holding their own.
Old 03-26-2007 | 10:55 PM
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They're not ivestments they made wayyyyyy toooo many. The depreciation curve flattens out andmaybe in 20 years it might start to move up
Old 03-26-2007 | 11:26 PM
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If "well cared for" means "not driven", then maybe you stay the same or get a bit of appreciation as less low mile cars are out there.

But anyone who tells you that a $35k 993 three years ago + 20-30k miles = $35k today no matter how well you "care for" it? Not likely.
Old 03-26-2007 | 11:54 PM
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Don't forget to factor in inflation since the mid 90's.
Old 03-27-2007 | 12:07 AM
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If purchased at the right price, it is not unheard of to sell for me.
Old 03-27-2007 | 12:12 AM
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Inflation LOL........Yes Jeff there are flippers out there, I have done it a few times.... its not an investment they're not going up in value.
Old 03-27-2007 | 12:21 AM
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Originally Posted by Trader220
Inflation LOL........Yes Jeff there are flippers out there, I have done it a few times.... its not an investment they're not going up in value.
Let me put it a bit more straight-forward.

I bought my 993 C4 Cab, owned it for about 2 years, and sold it for more than I had invested in it.
Old 03-27-2007 | 12:23 AM
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Originally Posted by InTheAir
Let me put it a bit more straight-forward.

I bought my 993 C4 Cab, owned it for about 2 years, and sold it for more than I had invested in it.


Scott
Old 03-27-2007 | 12:56 PM
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As with real estate, its how you buy, not how you sell (other than the real estate boom we just came out of). Regardless, the more one thinks about resale the less likely one is to drive the car as it is meant to be driven. In the eighties my dad collected Italian cars. He put them in a climate controlled garage, covered them, and drove them only to events. Years later, he sold them for a huge loss.
Old 03-27-2007 | 01:08 PM
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Actually, it is both how you buy AND how you sell. Buying right just gives you more flexibility in selling. To maximize the investment nature of any inventment you want to buy and sell at optimum times.

But this is a car and a portion of your "return" on your investment are the smiles it puts on your face.
Old 03-27-2007 | 01:25 PM
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What ever happened to the buyer who just wanted to own & drive one of the worlds great sports cars regardless of depreciation or appreciation? ........ Oh yea, that would be me.........lol
ZP44
Old 03-27-2007 | 01:28 PM
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I think that includes all of us......but these topics give us numbercrunchers something to yap about.
Old 03-27-2007 | 01:30 PM
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I like to believe that the depreciation slope on this car is not quite as steep as some other cars.

Pete



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