993TT as investment???
11-24-2011 | 06:03 PM
#31
Race Car
Joined: Nov 2009
Posts: 4,795
Likes: 310
From: Toronto & Mont Tremblant
According to Excellence price monitoring they did. In Canada they plummeted during 2009 and climbed right back up again in 2010. They are higher now than they were before the crash in 2008. Then again, our urban real estate barely took a breather and has risen well beyond pre-crash values.
11-24-2011 | 06:26 PM
#32
Rennlist Member
Joined: Mar 2011
Posts: 130
Likes: 0
From: Derbyshire, UK
Osugasman I think you have a sound plan. Buy a 993tt, don't put too many miles on it, safe in the knowledge that its value will not cause much concern but enjoy it for what it is, one of the best sports cars ever built, that you can maintain yourself and after 16 years, still looks better and will keep up with most modern contenders!
11-30-2011 | 12:41 AM
#35
Rennlist Member
Joined: Jul 2007
Posts: 1,045
Likes: 16
From: Hamilton Can
Just to clarify since this has opened up a fun debate, my version of a garage queen is a non daily driver being driven 2-3K per year. I realize there are expenses involved but would like to plant 55-60K somewhere that would be pretty to look at/take care of, be fun to drive/enjoy and maybe even hold its value after 10+ years. You guys would know better than me, but I have to believe that when the economy turns around, these will be selling for >10K over current prices. I realize there is insurance, maintenance, gas/upkeep to consider and just wanted to get a feel from you guys. Further, since I would like to enter the 911 ownership group, it seems that 993 drivers are the most pleased, and 993tt drivers even more so. Sound about right?
12-01-2011 | 11:48 PM
#37
Rennlist Member
Joined: Jun 2010
Posts: 311
Likes: 3
From: comfort ,texas
I like the fact I can driver,clean and enjoy collector cars unlike paper investments. Gold ....well that another story. Buy the 993,hold down the miles and keep the upgrades to a minimum and you wont lose to much. Me Thinks ?
12-02-2011 | 12:25 PM
#38
Rennlist Member
Joined: Dec 2005
Posts: 173
Likes: 13
FWIW...Back in the 80s, while I was stationed at Dyess AFB, I had a garage queen, a beautiful white '83 SC. It received the standard garage queen treatment, it was pampered, only driven on weekends, etc.. One day it was pummeled by baseball size hail while parked in a carport. I had it repaired and resumed the garage queen treatment right up to the point my friend Billy Mac Jim Joe Bob said, "What the hell are you doing...are you afraid of screwiing up the originality of the re-paint job?" I drove that car for 16 more years before I sold it and enjoyed every post re-paint minute. I paid $22k for it in '85 and sold it for $18k in '01. It might have been repainted and had a ton of miles, but it was meticullously maintained and documented. It was a very "happy" car if there is such a thing. Trying to keep my 97TT "happy" too.
