996 vs. 993 price trends
#1
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I am aware that older 996's have commanded lower prices than newer 993's for a long time, but from what I'm seeing in recent weeks it appears that trend has reached the point that virtually any year 993 will command a higher price than any year 996 (perhaps with the exception of exotics like GT3's for which data is sparse) assuming similar condition and miles. True? (I follow cabs more closely than other models and noticed what seemed like a trend there first.)
#2
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Pricewise, the mid-cycle refresh 996's (MY02 and up) are not falling as precipitously as the '99-01's. My guess is that the earlier 996's suffer from Boxsterlook-itis along with a lot of anecdotal reliability problems. Some people have no problems with their cars, others wish that was the case. In fact, a I bought some winter wheels from a local independent wrench who owns a '99 that has suffered a RMS leak multiple times.
I know my 997 had horrible reliability after about a year of ownership. Overall, if asking prices are any indication, I could buy a '99-01 any day of the week for the same price (or lower) as my 993 assuming identical mileage/condition.
I know my 997 had horrible reliability after about a year of ownership. Overall, if asking prices are any indication, I could buy a '99-01 any day of the week for the same price (or lower) as my 993 assuming identical mileage/condition.
#3
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One other thing to note is the '99 - '01 Carrera also had severe engine problems (in addition to RMS) with Porsche overmilling the cylinder walls. In my case my '99 required a new engine given #2 was leaking oil - found it's way to the expansion tank. Nice little surprise. Unfortunately for me the car was not CPO and I was stuck with the garbage. I dumped the car. This was such a huge disappointment coming from a completely rebuilt '78 911SC that I had for over 15 years and sold to "upgrade". I was so disgusted I switched marques to BMW and purchased an E46 M3. I'm over that now and going to be in the market for a 993. You're right though, I'm tracking prices and the 993 is holding its own. Lots of 996's out in the market - dirt cheap. I'd take one though with an X51.
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Did the '99 - '01s had the same block porosity issues as the early Boxters?
Either way, the '02-'05 is great bang for the buck. The TT of that era may be the best P-car value out there, period. I've seen recent examples below the $60K mark.
Either way, the '02-'05 is great bang for the buck. The TT of that era may be the best P-car value out there, period. I've seen recent examples below the $60K mark.
#6
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Having owned a '99 996 until 6 months ago , I can see where folk are coming from here. I was always worried that the 'weaknesses' that I'd heard about would befall me next. Maybe I was lucky that none of the big problems came my way .. (I hope it's present owner is still finding the same reliability with the car)
Over in the UK , prices for leggy facelifters are , for the first time, reaching the levels of quality low mileage 993's (about £30k). Porosity issues may have been sorted with the 3.6 , but other issues such as multiple RMS replacements , not to mention intermediate crank failures , have carried through to this engine also , despite work on strengthening the shaft bearings. I wonder if these issues will become even more prevalent as the facelifted models start hitting high miles in greater numbers... Not to mention the 997 3.6!! I've heard (though can't confirm) that it was basically lifted from the facelifted 996 , so I wonder if we're going to see more of the same going forward.
Hopefully not.
Over in the UK , prices for leggy facelifters are , for the first time, reaching the levels of quality low mileage 993's (about £30k). Porosity issues may have been sorted with the 3.6 , but other issues such as multiple RMS replacements , not to mention intermediate crank failures , have carried through to this engine also , despite work on strengthening the shaft bearings. I wonder if these issues will become even more prevalent as the facelifted models start hitting high miles in greater numbers... Not to mention the 997 3.6!! I've heard (though can't confirm) that it was basically lifted from the facelifted 996 , so I wonder if we're going to see more of the same going forward.
Hopefully not.
#7
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When I was looking at 996s (99-01), the were in the range of 25-35. I found a couple clean 99s with 50K on the clock for $27K. On the other hand, 02-plus 996, you will spend north of $35K for a nice example. I bought mine for a $38K, clean with 35K miles.
As for the 993, you will spend over 30K for a clean, low mile example, even for a '95.
As for the 993, you will spend over 30K for a clean, low mile example, even for a '95.
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#8
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Problem was, it was black, and my wife would have been sure to notice a detail like that, since my 993 is white. Otherwise, why not?
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The 997TT will suffer the same depreciation as the 996TT.
They are quite simply overproduced, a part of the 100K cars/year goal of Dr. W
It is what it is and it won't change.
That having been said, a 50% depreciated 996TT is a very good value, if you are looking for a 'GT style' car.
I can not imagine buying a 996 (excluding GT2, GT3, TT....any M64/GT1 derived variant) over a 993, anytime.
They are quite simply overproduced, a part of the 100K cars/year goal of Dr. W
It is what it is and it won't change.
That having been said, a 50% depreciated 996TT is a very good value, if you are looking for a 'GT style' car.
I can not imagine buying a 996 (excluding GT2, GT3, TT....any M64/GT1 derived variant) over a 993, anytime.