Need advice on which car to keep
05-10-2016, 07:01 PM
#31
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Thread Starter
I find it interesting that the consensus is to keep the 964 on the 993 forum. The non original aspects seem to help people with that opinion though. The 993 has bolstering HDs and a 993 cup diff so it is very fun to drive. That being said, I just installed an all new H&R setup on the turbo and it also handles very nicely. This isn't easy and I am taking all of this in for now.
05-10-2016, 07:10 PM
#32
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Thread Starter
For those who say skip the renovation and put the kid in public that is not an option. You see, I have a very cool wife that actually encourages me to race. She also doesn't mind me having motorcycles so the least I can do is shell out some money to make our (her) house stunning. Also Denver public high schools suck. My kid is a hard worker and deserves the best. I would never choose any selfish pursuits if my family had to make any monetary sacrifices. They already sacrifice a ton living with me. 
05-10-2016, 07:37 PM
#34
I remember you talking about teaching at the track when I met you. I think you would be sad to see the turbo go, but you were talking about selling it back then. I would say ditch the turbo you don't drive and keep on tracking the 993. You know you'll never take the 964 to the track...
05-10-2016, 09:18 PM
#36
Interest rates are at their lowest in 60 years. Borrowing money these days is way cheap.
Personally, I would finance the renovation and if you need the garage space, sell the vehicle in your garage with the lowest value - '99 Boxster?
I'd wager that the short/long term appreciation of either the 964 Turbo or 993 would exceed whatever interest rate you'd pay to finance your renovations. I'd try to keep both the 964 Turbo and 993 as I see their values increasing or at least maintained, so at least you are preserving capital.
Boxsters are plentiful and you can buy another Boxster a lot easier than you can buy another 964 Turbo or 993.
Personally, I would finance the renovation and if you need the garage space, sell the vehicle in your garage with the lowest value - '99 Boxster?
I'd wager that the short/long term appreciation of either the 964 Turbo or 993 would exceed whatever interest rate you'd pay to finance your renovations. I'd try to keep both the 964 Turbo and 993 as I see their values increasing or at least maintained, so at least you are preserving capital.
Boxsters are plentiful and you can buy another Boxster a lot easier than you can buy another 964 Turbo or 993.
05-10-2016, 10:04 PM
#37
Drifting
For those who say skip the renovation and put the kid in public that is not an option. You see, I have a very cool wife that actually encourages me to race. She also doesn't mind me having motorcycles so the least I can do is shell out some money to make our (her) house stunning. Also Denver public high schools suck. My kid is a hard worker and deserves the best. I would never choose any selfish pursuits if my family had to make any monetary sacrifices. They already sacrifice a ton living with me.
Well it certainly has been true the last 5 years. As for the future? It's cooling off but I'm sure it'll pick back up down the road. If he asked this question any time in the last 5 years then your idea of borrowing to fund the project would have been the best decision. While my opinion does not come with a guarantee I'd venture to say the majority of Rennlisters would agree that a 964T is a better investment than a 993S. Having said that I just picked up a 98 C2S in glacia white and love it! But I'd sell it before I'd sell my 964T
While boxster is 15k car today and 10k car in 5 years.
And you are forgetting maintenance. How much is a new turbo for 964?
I agree though that if OP sells 964T it's harder to come by and prices may stay for a while. But who cares. Do what you have to do and move on!!! There are so many cool cars out there 964T and 993 are just two of them. There always will be bargains, ups and downs.
05-10-2016, 11:02 PM
#39
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You have a first world problem that MOST first world people would LOVE to have.
Stop the house renovation. Put daughter in public school. And use the money to expand the garage.
But seriously.... Sell the 993 and keep the Turbo. That is the smart answer moneywise. If you need more money that the 993 can bring, then sell the Turbo. But don't do that unless you absolutely have to. The Turbo is an appreciating asset. And 964T > 993 NA.
Stop the house renovation. Put daughter in public school. And use the money to expand the garage.
But seriously.... Sell the 993 and keep the Turbo. That is the smart answer moneywise. If you need more money that the 993 can bring, then sell the Turbo. But don't do that unless you absolutely have to. The Turbo is an appreciating asset. And 964T > 993 NA.
I could of bought a few pcars well..lol.. Wait - but daughter is off to private college in the fall.
Sell the turbo, and have fun with the sex change 993.
05-10-2016, 11:14 PM
#40
Rennlist Member
Thread Starter
The Boxster is a Spec Boxster race car and I probably have more in it than the 993.
05-10-2016, 11:19 PM
#41
Rennlist Member
Thread Starter
The car looks more blue in person. The iPhone pics make it look more purple than it is in person. I actually really like the color since there are not many blue P cars. This is a picture of my car that looks much closer to the real thing.
05-11-2016, 05:47 PM
#44
Rennlist Member
My answer before reading the post was of course 993 - but you really do have a dilemma.
If you want a collector car - the 964T
If you want a driver - the 993
You need to make that choice.
If you want a collector car - the 964T
If you want a driver - the 993
You need to make that choice.
05-11-2016, 06:12 PM
#45
Banned
Too funny...Same philosophy (especially at our altitude and the effect the sun has on cars)...and I am also limited to five cars.
Assuming the others cars are required, and your desire to retire in a few years and maintain some sense of "budget", I would sell the 993...the air cooled market is still frothy enough that cars that are not perfect can still be moved quickly, when the market cools off (or down or sideways) cars with "history" will be harder to sell.
Assuming the others cars are required, and your desire to retire in a few years and maintain some sense of "budget", I would sell the 993...the air cooled market is still frothy enough that cars that are not perfect can still be moved quickly, when the market cools off (or down or sideways) cars with "history" will be harder to sell.