How much is a mint 18,000 mile 97 C4S worth?
02-12-2008, 06:06 PM
#31
Rennlist Member
well, consumer confidence is plummeting, the R word is floating around daily, housing market is in the titanic, etc. This is not the time for 11 year old impractical sports cars to be gaining value or selling for top dollar. There are a lot on the market.
Furthermore, at 75k, you will be comparing a decade old 993 with the arguable much more capable 997s cars, not to mention the corvette Z06, a year old viper, etc.
Thats a pretty tough space for a 280bhp, 11 year old used car.
Furthermore, at 75k, you will be comparing a decade old 993 with the arguable much more capable 997s cars, not to mention the corvette Z06, a year old viper, etc.
Thats a pretty tough space for a 280bhp, 11 year old used car.
Great, now we are getting financial advice from someone who after 2 years and over 270 posts cannot even spring for yearly Rennlist membership...
Oh, wait, maybe that's the financial advice, save $18/ year, invest wisely, etc.
02-12-2008, 08:20 PM
#32
I say this is exactly the time to be buying an 11 year old car! And yes, there are a lot on the market right now.... buyer's market... NO!
02-14-2008, 12:33 PM
#33
Race Director
Furthermore, nothing in my post can be construed as financial advise. My point was merely to suggest that 993s will be hard pressed to hit 75k in the next few years, given the state of the economy, and given that 997s cars will be trading in that space very shortly.
02-14-2008, 12:46 PM
#34
Drifting
I say this is exactly the time to be buying an 11 year old car! And yes, there are a lot on the market right now.... buyer's market... NO!
Back to the subject, I just saw a mint 1998 C4s with 20k miles at Truspeed in Costa Mesa for 58k. I would think the car in question is going to bring a little less.
02-14-2008, 12:47 PM
#35
Addict
Rennlist Member
Rennlist Member
I disagree.
The 997 cars are depreciating rapidly...ask any car dealer. The 993 cars, specifically the low mileage, widebody, 1998 year versions, are holding value extremely well.
The downturn in the economy isn't affecting everyone...there is plenty of money out there and $60K is a relatively inexpensive toy for a lot of people (I am not one of those people).
The 997 cars are depreciating rapidly...ask any car dealer. The 993 cars, specifically the low mileage, widebody, 1998 year versions, are holding value extremely well.
The downturn in the economy isn't affecting everyone...there is plenty of money out there and $60K is a relatively inexpensive toy for a lot of people (I am not one of those people).
02-14-2008, 01:49 PM
#36
Nordschleife Master
well, consumer confidence is plummeting, the R word is floating around daily, housing market is in the titanic, etc. This is not the time for 11 year old impractical sports cars to be gaining value or selling for top dollar. There are a lot on the market.
Furthermore, at 75k, you will be comparing a decade old 993 with the arguable much more capable 997s cars, not to mention the corvette Z06, a year old viper, etc.
Thats a pretty tough space for a 280bhp, 11 year old used car.
Furthermore, at 75k, you will be comparing a decade old 993 with the arguable much more capable 997s cars, not to mention the corvette Z06, a year old viper, etc.
Thats a pretty tough space for a 280bhp, 11 year old used car.
You can't buy a new 993, for some one who wants a "almost new" 993, they will have to pay for it.
People buy the 993, because they WANT a 993! You can get a new Cayman for this price also.
If you all you can is compare the stats of the car, then you just don't get it, & might not be happy with the "slower" 993.
The 993 has a sole, the newer ones do not.
02-14-2008, 02:50 PM
#39
Burning Brakes
Thread Starter
There are a lot of people like you. I got bashed by a bunch of my friends, about paying $55k for my C4S, I could of got a 996 TT & had $10k left!
You can't buy a new 993, for some one who wants a "almost new" 993, they will have to pay for it.
People buy the 993, because they WANT a 993! You can get a new Cayman for this price also.
If you all you can is compare the stats of the car, then you just don't get it, & might not be happy with the "slower" 993.
The 993 has a sole, the newer ones do not.
You can't buy a new 993, for some one who wants a "almost new" 993, they will have to pay for it.
People buy the 993, because they WANT a 993! You can get a new Cayman for this price also.
If you all you can is compare the stats of the car, then you just don't get it, & might not be happy with the "slower" 993.
The 993 has a sole, the newer ones do not.
Obviously there is a huge market for the 993 or people such as Sloan,
Tru-Speed, Premier, Wilhoit and RPM wouldn't be in business.
02-14-2008, 03:58 PM
#40
Race Director
No vehicle ever built has a "soul". They are simply pieces of machinery.
That said, I would never buy an NA 996.
02-14-2008, 04:51 PM
#42
Drifting
We well know that certain color combinations seem to fetch higher dollars.
While the NA 997 is a formidable car, anyone with the $$$ can go in and order one, but it takes a true enthusiast to buy into a 10+ year old car and to appreciate them for what they are, the final series of air-cooled Porsche.
Many can say, a car is just a car, but its the passion of fellow 993 owners alike that add the "soul".
I would have bought a NA 997 if my 993 deal fell through, but in thinking, a 997 wouldn't have felt right and worst of all, I wouldn't be really happy. Seems like everything we buy depreciates but it's only certain things that rebound and appreciate. Those seem to be just about anything produced in fewer quantities, or of some particular significance.
I might change my mind if someone gave me a 08 GT2
Next time you're out driving, notice how many 997 drivers wave or flash their lights, its not many, maybe a lack of soul?
While the NA 997 is a formidable car, anyone with the $$$ can go in and order one, but it takes a true enthusiast to buy into a 10+ year old car and to appreciate them for what they are, the final series of air-cooled Porsche.
Many can say, a car is just a car, but its the passion of fellow 993 owners alike that add the "soul".
I would have bought a NA 997 if my 993 deal fell through, but in thinking, a 997 wouldn't have felt right and worst of all, I wouldn't be really happy. Seems like everything we buy depreciates but it's only certain things that rebound and appreciate. Those seem to be just about anything produced in fewer quantities, or of some particular significance.
I might change my mind if someone gave me a 08 GT2
Next time you're out driving, notice how many 997 drivers wave or flash their lights, its not many, maybe a lack of soul?
02-14-2008, 05:00 PM
#43
Race Director
02-14-2008, 05:03 PM
#44
Addict
Rennlist Member
Rennlist Member
Given that my 993 is worth about what i paid for it 7 years ago, there must be many others that agree they are valuable. What will a 997 be worth in 7 - 10 years?
Faster is not always better.
Faster is not always better.
02-14-2008, 05:48 PM
#45
Race Director
I'll ask honestly:
Do you believe that a stock 993 handles, brakes, accelerates, or feels better than a 997s? Do you find it more comfortable? Are the a/c or interior ergonomics better?
I think the 993 is a great car, and for around 40-50k, its a good deal. For 75k, its appeal drops quite a bit.