Virtual Surgeon

Would like to get some feedback regarding 993 mileage as it equates to value. The forum regularly comments on the value of a "low mileage" 993, which I think is appropriate for someone who might be offering their car in the next 1-10 years, but does it make that big a difference if you plan on holding the car for an additional 20-30 years. The reason I ask is because you do not see mileage as a ceiling for 356's. It is the quality of the car / restoration that appears to bring the value to the car.

Mike J

Unless you are talking about turbos, I would post this on the 993 forum - you will get a better response.

If you are talking about 30 years out, then how knows - by that time we will all be driving battery driven cars and fuel will be $1000/gallon.

:-)

Cheers,

Mike

Virtual Surgeon

Reference is the 993 Turbo. Good point regarding the bulk of cars that will be driven in the future will be battery driven cars. That puts a whole new spin on the value of any gas powered car in the future.

AC/911's

off subject. Most battery driven cars are expensive failures that we pay for, maybe (hopefully) they'll figure it out by then. Besides none of them are really sports cars at all.http://www.iwatchnews.org/2011/10/20...c-car-builders

ronnie993tt

There will be no battery powered cars or hybrids in 5 years unless there is a highly unlikely break through in battery technology. Economics and convenience always win, even in the face of stupid legislation. If there was a way to short these white elephants I'd do it in a big way.

The reason I bought a low mileage 993tt is because I only put 2,000 miles a year on it so it will always be a low mileage car and worth more.........not that I ever intend to sell it!

Mike J

I was talking 30 years - and I doubt if any of our crystal ***** has any chance of clarity that far out!

IamSMC

As to mileage and value equation, most probably take the averages off autotrader and other websites to put an asking price in an ad

At the end of the day, "value" will be whatever the buyer and seller agree to on any given car and most likely dependent on the buyer's desire for color, condition, mods and desire for that particular car

I've been guilty of "I need that car now" and throw perceived value out the window...

IamSMC

Go to kbb.com and punch in different mileages for value pricing, you will see varying value pricing

Virtual Surgeon

I had a 356 that I recently sold. No one was concerned about the mileage. The concern was more centered around was is rust free, and the quality of the restoration. Back to my original question, in 20-30 years will the total mileage really matter? If not I will drive the hell out of the car, but make sure to take good care of it.

ca993twin

I agree with your premise... that after a while, the value of a collector car is based solely upon condition, and mileage rarely enters into the picture. However, if one were to have a superb example AND had documented low mileage, that would certainly be a factor to increase the value. I think that as collector cars age, buyers expect there to have been some serious restoration... including a couple of paint jobs, and a couple of engine/transmission/suspension rebuilds. The quality of this work matters more than the number of times painted/rebuilt.

Rufus has 131,000 miles, and I'm not slowing down my pleasure. But I address EVERY issue as they come up, and keep him perfectly maintained.

ronnie993tt

"In the long run we're all dead" 'eh. I think mileage is less of an issue that far out because they all have high mileage and most are in crappy condition. A very low mileage 911S for example would be worth a lot more than a higher mileage example in the same condition. There is a post somewhere here about a guy with a 155? mile 993tt that has turned down $155K. That's low mileage 993ttS money. Holding condition, etc. constant, the lower mileage example will be worth more.

ca993twin

I think this is "near-term" thinking. I believe the original poster is NOT asking about our 15 year-old cars now, but rather when they are 30 or 40 years old, perhaps more. As an example, look at the market for 1967 Austin Healeys or Jag XKEs. Mileage is rarely mentioned, but rather how old is the most recent restoration, and what was the quality of that restoration? Your last point is of course true... all else being equal and the mileage can be well documented.

Virtual Surgeon

Ca993twin,
You state my case better then I. If you use the 356 model the mileage is often 999999. By the way I love the Arena on the 993.

ronnie993tt

This is my only point.