The 997 will burst that 993 bubble
12-08-2012, 12:30 AM
#16
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I'm starting to see 997 prices dip into the upper $30s. This is going to drive 993 prices down toward more realistic numbers as the 993 has been over-inflated for far too many years. I think the 993 is a gorgeous car but for that kind of jack I can have a car that stylistically is every bit as nice but with exponentially better performance. As far as the air-cooled novelty of the 993, hell, I'll just keep my 964 around for 1/2 the price of a 993, and only marginally less of a performer.
12-08-2012, 12:32 AM
#17
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Further reconciliation required vis-a-vis longhood price trends.
Finally, in the original post was something about a 964 going for half that of a 993? Let's take a hypothetical '92 C2 Coupe and a '96, each with 80-100K miles. The 993 is double the price?
Bottom line is that the market works extremely efficiently. Always has.
12-08-2012, 12:43 AM
#19
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I'm starting to see 997 prices dip into the upper $30s. This is going to drive 993 prices down toward more realistic numbers as the 993 has been over-inflated for far too many years. I think the 993 is a gorgeous car but for that kind of jack I can have a car that stylistically is every bit as nice but with exponentially better performance. As far as the air-cooled novelty of the 993, hell, I'll just keep my 964 around for 1/2 the price of a 993, and only marginally less of a performer.
12-08-2012, 12:49 AM
#20
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Care to reconcile that with what the M96 engine is? (Further confused on 993/964 "mechanical shortcomings". But maybe you do/have owned a shop, or worked at a dealership during the relevant time period, and could elaborate with first-hand knowledge?)
Further reconciliation required vis-a-vis longhood price trends.
Finally, in the original post was something about a 964 going for half that of a 993? Let's take a hypothetical '92 C2 Coupe and a '96, each with 80-100K miles. The 993 is double the price?
Bottom line is that the market works extremely efficiently. Always has.
Further reconciliation required vis-a-vis longhood price trends.
Finally, in the original post was something about a 964 going for half that of a 993? Let's take a hypothetical '92 C2 Coupe and a '96, each with 80-100K miles. The 993 is double the price?
Bottom line is that the market works extremely efficiently. Always has.
12-08-2012, 01:01 AM
#22
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The mechanical shortcomings I referenced were only in regards to the 964, that being the PERCEIVED shortcomings of the 964 that keeps their value down below 3.2 G-50s and the 993. I own a 964 and love it. I have had no problems mechanically with this car at all. And yes, my 964 cost me $18,900 which is about 1/2 the price of a well sorted 993. Am I wrong?? And no, I do not own a shop or work at a dealership. You, on the other hand, are obviously an expert in the porsche world. Your blogs are exasperating and read like actuary tables. If I was an insomniac, I'd know where to look for the cure....your blogs!
And, where are my blogs?
12-08-2012, 01:09 AM
#23
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I have no idea if your $18,900 example is an outlier. I'd expect a sub-100K mile 964 C2 Coupe with no deferred maintenance/great cosmetics to retail for a bit more. But as practical as you can find equal cars, a G50 torsion bar model and a 964 are about the same now. A 993 is ~20% higher.
And, where are my blogs?
And, where are my blogs?
12-08-2012, 01:11 AM
#24
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12-08-2012, 01:12 AM
#25
I have a budget in my Porsche account and if I had twice as much in it I would just get a 993 with less miles, not a newer model. From what I can tell ALOT of people here feel the same way...ALOT. "Buy land cuz God ain't making anymore." Same principle applies, ya dig?
12-08-2012, 01:29 AM
#27
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I like all Porsche models. Some I like more than others and some I even love; like the 993. Everyone has their own opinions. It doesn't matter to me if the value of my 993 goes up or down and it doesn't matter to me if the value of the 997 goes up or down. I will continue to drive my 993 because I love it and not because it has or will increase in value.
12-08-2012, 01:38 AM
#28
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12-08-2012, 02:29 AM
#29
Race Car
The OP needs to take some Economics lessons...
A few questions:
1. How many 993's were produced?
2. How many 997's were produced? TONS!
3. 997 values have been decreasing since they came out. I bought my 06 Carrera in 2009 (CPO'd) with 56k miles for $42k....what makes you think its just a recent decline in price?
The 997 is a modern car with all of the amenities yet since its come out 993 prices have either stabilized or increased. Please explain your initial comment of 993 price depreciation considering question #3 above.
You're on crack.
A few questions:
1. How many 993's were produced?
2. How many 997's were produced? TONS!
3. 997 values have been decreasing since they came out. I bought my 06 Carrera in 2009 (CPO'd) with 56k miles for $42k....what makes you think its just a recent decline in price?
The 997 is a modern car with all of the amenities yet since its come out 993 prices have either stabilized or increased. Please explain your initial comment of 993 price depreciation considering question #3 above.
You're on crack.
12-08-2012, 04:01 AM
#30
I'm starting to see 997 prices dip into the upper $30s. This is going to drive 993 prices down toward more realistic numbers as the 993 has been over-inflated for far too many years. I think the 993 is a gorgeous car but for that kind of jack I can have a car that stylistically is every bit as nice but with exponentially better performance. As far as the air-cooled novelty of the 993, hell, I'll just keep my 964 around for 1/2 the price of a 993, and only marginally less of a performer.
well let me show this piece of information as relevant as your comparison...
