Dumb 996 Owners
01-22-2019 | 01:54 PM
#16
Rennlist Member
Joined: Dec 2016
Posts: 8,053
Likes: 810
From: Kauai
I'd hate to see someone over pay for anything, especially something that could cost them a lot more in a short time because they where not informed...These are great cars and there's still good deals to be had, but buyer beware!
Remember the poor guy that payed top dollar for his low mile 996 and wound up needing a new motor within a couple of months? Wound up costing him over $50K real fast.
Edit,
I can think of at least 3 stories like this off the top of my head in the past couple of years. One was an AE with a Raby motor if I recall (I might be wrong)
Remember the poor guy that payed top dollar for his low mile 996 and wound up needing a new motor within a couple of months? Wound up costing him over $50K real fast.
Edit,
I can think of at least 3 stories like this off the top of my head in the past couple of years. One was an AE with a Raby motor if I recall (I might be wrong)
01-22-2019 | 02:01 PM
#18
Racer
Joined: Sep 2011
Posts: 491
Likes: 64
From: Atlanta, GA
The pricing of these cars is ultimately what people will pay for them. Overprice your car and expect it to sit. I don't think people are underpricing their cars or selling too cheap. For whatever reason, they may just be pricing their car to get rid of it, so they post an aggressive price to get noticed and move the car. Others who have the time, patience or don't have the need to sell right away will price higher and play the wait and see game.
Right now most people on this forum and out in the market are saying the 996 is a great value. That's not devaluing the 996, it's doing the opposite. Ultimately it may drive demand and prices. However once the 996 creeps into 997 value, I don't think it's a fair fight. Same options, same mileage, same price on a 997 vs 996 and 90% will probably choose 997 out there. Our only hope is the 996 becomes a desirable outlier because of it's unique qualities, quirkiness and differences vs the more straightforward 997.
Right now most people on this forum and out in the market are saying the 996 is a great value. That's not devaluing the 996, it's doing the opposite. Ultimately it may drive demand and prices. However once the 996 creeps into 997 value, I don't think it's a fair fight. Same options, same mileage, same price on a 997 vs 996 and 90% will probably choose 997 out there. Our only hope is the 996 becomes a desirable outlier because of it's unique qualities, quirkiness and differences vs the more straightforward 997.
01-22-2019 | 02:07 PM
#19
Three Wheelin'
Joined: Oct 2018
Posts: 1,739
Likes: 472
From: PA
The pricing of these cars is ultimately what people will pay for them. Overprice your car and expect it to sit. I don't think people are underpricing their cars or selling too cheap. For whatever reason, they may just be pricing their car to get rid of it, so they post an aggressive price to get noticed and move the car. Others who have the time, patience or don't have the need to sell right away will price higher and play the wait and see game.
Right now most people on this forum and out in the market are saying the 996 is a great value right now. That's not devaluing the 996, it's doing the opposite. It says the 996 is a great car and is worth more than what some are selling for right now. However once the 996 creeps into 997 value, I don't think it's a fair fight. Same options, same mileage, same price on a 997 vs 996 and 90% will probably choose 997 out there. Our only hope is the 996 becomes a desirable outlier because of it's unique qualities, quirkiness and differences vs the more straightforward 997.
Right now most people on this forum and out in the market are saying the 996 is a great value right now. That's not devaluing the 996, it's doing the opposite. It says the 996 is a great car and is worth more than what some are selling for right now. However once the 996 creeps into 997 value, I don't think it's a fair fight. Same options, same mileage, same price on a 997 vs 996 and 90% will probably choose 997 out there. Our only hope is the 996 becomes a desirable outlier because of it's unique qualities, quirkiness and differences vs the more straightforward 997.
01-22-2019 | 02:26 PM
#22
Pro
Joined: Apr 2006
Posts: 535
Likes: 246
From: San Pasqual Valley, CA
- If people offer fewer opinions that the cars are overpriced, then prices will go up?
- 996 owners bought their cars to achieve a higher price when they sell them?
- 996s will very soon jump in value the same as other 911s?
- Prices should be much higher to keep the Honda / Mustang 5.0 crowd away from Porsches?
- Discussing forum behavior is more important than discussing the cars?
01-22-2019 | 02:31 PM
#23
Rennlist Member
Joined: Dec 2016
Posts: 8,053
Likes: 810
From: Kauai
Joey, aren't there some unstated assumptions here? For example:
- If people offer fewer opinions that the cars are overpriced, then prices will go up?
- 996 owners bought their cars to achieve a higher price when they sell them?
- 996s will very soon jump in value the same as other 911s?
- Prices should be much higher to keep the Honda / Mustang 5.0 crowd away from Porsches?
- Discussing forum behavior is more important than discussing the cars?
01-22-2019 | 02:38 PM
#25
Instructor
Joined: Dec 2018
Posts: 248
Likes: 42
From: Columbus, Ohio
It does not seem like very long ago (early 2000's) that 964's were cheap and were the bargain 911. Wish that I had grabbed a few back then. Of course we all know what happened - IMS, and someone decided that they did not like the headlights, etc. etc. So now 15 years later 964 and 993 to my mind incredibly expensive for what they are, and 996 seem like a good value. But good value does not mean cheap - if a clean 996 is worth around $22 - $30k, and new they were $75k to $100+, that is pretty good retention. Consider a Mercedes or BMW at the same age and sticker price would be worth half what our Porsche's' are, unless it is something really rare and special. So I'm not sure what the point was that the OP was trying to make. I'm happy with mine, and what I paid for it. If it appreciates in time that is great but my retirement plans are not based on that happening!
Daryll
Daryll
01-22-2019 | 02:41 PM
#26
Pro
Joined: Jun 2016
Posts: 608
Likes: 0
From: SF Bay Area
Hmmm, I wonder how much he paid for his 21K mile 996 and if it has anything to do with the post.
I kind of felt like a moron when thing after thing needed to be replaced after I paid a premium for more low mileage 996. Wonder if OP is feeling the same.
I kind of felt like a moron when thing after thing needed to be replaced after I paid a premium for more low mileage 996. Wonder if OP is feeling the same.
01-22-2019 | 02:57 PM
#27
Instructor
Joined: Dec 2018
Posts: 248
Likes: 42
From: Columbus, Ohio
01-22-2019 | 03:36 PM
#29
Pro
Joined: Jun 2016
Posts: 608
Likes: 0
From: SF Bay Area
No rust on mine. My original plan was to buy something with 50-75K miles on it. I ended up buying something with 19K miles and paid a premium for it. Then I ended replacing a lot of things - things that likely would have already been replaced on a car that had been driven. So I essentially got penalized twice. A lot of you are probably enjoying all the benefits at half my cost. Then again, some of you have had to go through rebuilds...
