Cost of 993 versus 996
#1
Cost of 993 versus 996
I've been doing some shopping, hoping to get out of my Audi and into a Porsche, looking at 964's and 993's, not particularily interested in a watercooled 911 as it just doesn't seem quite right to me.
Anyway, I'm noticing that the 996's don't seem to be retaining their value... Why do you suppose that is? Relibility? 993 is more collectable? what?
Anyway, I'm noticing that the 996's don't seem to be retaining their value... Why do you suppose that is? Relibility? 993 is more collectable? what?
#4
#7
Drifting
It seems like the 3.4 996s are depreciating like "regular" cars. I've seen lots under $30K. Perhaps it has to do with the number of cars sold through the dotcom boom. The decision is a tough one as a good 993 is about the same price but is more likely to hold it's value or at least depreciate at a slower rate.
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#9
Nordschleife Master
oh..... why not....
1. far fewer 993s made...less of anything means pricing will hold better
2. many believe 993s to be more of a Porsche enthusiast car, like all air-cooled models, because it has closer 'roots'...look/feel/etc. to the original model
3. some believe that quality suffered on 996 and later cars because of mass production, short cuts taken, etc.... i.e. rear main seal leaks, Japanese-sourced gearbox, no true dry sump engine, etc.
I recently sold my 993 (read: uggh) and I looking to either buy my 2008 997 GT3 allocation or do something else newer.
I will say this - for anyone who has driven a 996tt or 996GT3 or 997S, 997tt, 997GT3 lately... I think it would be hard to wipe the grin off your face...just a different kind of Porsche experience...
1. far fewer 993s made...less of anything means pricing will hold better
2. many believe 993s to be more of a Porsche enthusiast car, like all air-cooled models, because it has closer 'roots'...look/feel/etc. to the original model
3. some believe that quality suffered on 996 and later cars because of mass production, short cuts taken, etc.... i.e. rear main seal leaks, Japanese-sourced gearbox, no true dry sump engine, etc.
I recently sold my 993 (read: uggh) and I looking to either buy my 2008 997 GT3 allocation or do something else newer.
I will say this - for anyone who has driven a 996tt or 996GT3 or 997S, 997tt, 997GT3 lately... I think it would be hard to wipe the grin off your face...just a different kind of Porsche experience...
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The Porsche 911 is perhaps the world's most iconic sports car, and the 993 represents the high-water mark after 30+ years of development of the traditional air-cooled 911. This connection to the past is refelcted in the 993 cockpit, which is very much the same as the earliest 911 models, with the 5 dial racing layout. This "heritage" seems to be valued by the market much more so than the revamped 996 interior which is filled with cheap plastic parts and doesn't share the familiarity of past Porsches.
This history, coupled with the widely held belief that the 993 is the most beautiful 911 ever made,makes it quite appealing to many buyers.
Another important factor bearing on market value re the production figures. Porsche made many more 996's than 993's. Do a searchand you can find the exact figures.
Because of all of these factors (and some others), the 993 retains its value much more so than the 996.
P.S. Take a look a this video and you will get a sense of what the 993 is all about:
http://www.coochas.com/porsche/Resou...0Evolution.wmv
This history, coupled with the widely held belief that the 993 is the most beautiful 911 ever made,makes it quite appealing to many buyers.
Another important factor bearing on market value re the production figures. Porsche made many more 996's than 993's. Do a searchand you can find the exact figures.
Because of all of these factors (and some others), the 993 retains its value much more so than the 996.
P.S. Take a look a this video and you will get a sense of what the 993 is all about:
http://www.coochas.com/porsche/Resou...0Evolution.wmv
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It is simple, if you want a real 911 you get a 993, if you want a 911 look with the feel and interior quality of an accord, get a 996
And as to the cost, I have had 2 996's. I lost $4k on the first one and bought another one (hoping that with the aero lit and CF I would like it better than the first) lost another $3500. Then I bought my 993 and have been happy ever since.........Now if you want a good track car the 996 may be the way to go....
And as to the cost, I have had 2 996's. I lost $4k on the first one and bought another one (hoping that with the aero lit and CF I would like it better than the first) lost another $3500. Then I bought my 993 and have been happy ever since.........Now if you want a good track car the 996 may be the way to go....
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And that is one of my biggest beefs about the 996 - the reported unreliability for track use.
What has always made Porsches so special is that they are the only 'drive to the track and race it, then drive it home' car.
When Porsche came out with the 'you must modify the oil pan before you take this car on the track' advisory, I was mightily turned off.
What has always made Porsches so special is that they are the only 'drive to the track and race it, then drive it home' car.
When Porsche came out with the 'you must modify the oil pan before you take this car on the track' advisory, I was mightily turned off.
#15
Hey, Zicorame, I'm not trying to troll here. I'm curious, and I didn't think that I used any inflamatory language, so I kind of resent the assumption.
On the one hand, you'd think that you'd always want to buy as much car as your budget allows. On the other hand... if it isn't holding value, or its the first model of a serious re-design, i.e. water cooling, and there are shortcomings in the design and known reliability issues...
But my searches have turned up nothing regarding this issue that would explain why a '99 911 coupe would only be worth $2K more than a '97.
So my question stands..
Mrsullivan and Rome, Thanks! Those are the type of answers that I was looking for, and makes sense to me.
On the one hand, you'd think that you'd always want to buy as much car as your budget allows. On the other hand... if it isn't holding value, or its the first model of a serious re-design, i.e. water cooling, and there are shortcomings in the design and known reliability issues...
But my searches have turned up nothing regarding this issue that would explain why a '99 911 coupe would only be worth $2K more than a '97.
So my question stands..
Mrsullivan and Rome, Thanks! Those are the type of answers that I was looking for, and makes sense to me.