user 8298308

This plus the '99 aerokit that sold on BaT today have me thinking that selling my '99 for $45k is giving away the farm.

bdronsick

True, nobody notices 100K+ miles on 964 anymore, and that effect is now taking hold on 993

Eventually all these 100K miles+ 996’s will shatter that $30K ceiling

Mike Murphy

Some of these big prices are coming from cars with low mileage. Big surprise, I know, but my point is that low mileage cars are getting more and more rare. So these larger prices drifting up are affected by the low mileage premium.

bdronsick

Yeah to a point but $100K - $200K 996’s suck everything 996 up with them

Thats exactly how all of 964 got where it is now

A 964 Black/Grey Cab-Tip w/189K miles is $50K and that was only an $8K car a few years ago

The $399K 964 Turbos did that

168glhs1986

Take some better pics to showcase that car. Sell it in the spring. It's only going up in value anyway and if you don't need the money, strike around mid May.

bdronsick

Did anyone else feel it? The “shift” happened today. 996 is now the most desirable, versus the least desirable, 911 generation

168glhs1986

I almost broke my finger when I fit my new wheels on my early 996. I surely felt that!

It's been hotly traded 911 in recent years. Trading hands because no one wanted to do the maintance, always passing it off to the next guy

I wonder what the mostly traded 911 is? Gotta be the 996 no?

MoeMonney

I saw this car when I went to RFMC a few months ago. I believe they brought it over from Puerto Rico. They recovered the seats and did maintenance on it. Refurbished the wheels etc. They are definitely making a big margin on it. Very nice example.

user 8298308

Someone who wants this car will reach out to come and look at it as a next step, or even have a PPI done. I spent two months taking specific photos for potential buyers, which I won't repeat. I didn't list on BaT for a reason.

Everyone wants the early 1999 examples to be worth $50,000, but want to acquire one for $30,000. My car isn't going out the door for a penny under $45,000.

And if no one buys it, I'm probably better off in the long run.

I had an easier time selling a Panamera 4S that was significantly more valuable. The buyers in that space just have more money.

work_truck

lmao

Billup

What? Did you not smell it when you rose from slumber this morning?

bdronsick

$100K+ Turbos and $50K+ Carreras this year

Next two years 996 passes 993

Next year after that 996 passes 964

LeMans for the win

Marv

As my local shop put it, cars at 15 to 25 years age point are the cars the young kids pined for during that era in their teens. Those kids are just reaching the point where they have the disposable income to make a nostalgia buy like that. Once professionals start approaching 40 years old that that seems to be the tipping point where funds to buy something that once raced around the streets in their teenage years becomes a reality. Many of these 40-something "kids" have some deep pockets.

A good example has been the surge in 993 prices. At this time there are only so many of these cars left. Given the production numbers and surviving 993 cars, it doesn't take long for a bidding war to take place and prices escalate. As the game continues the prices jump with supply and demand.

It's no different with the Boomers and the muscle cars of the 1960s. Everyone wants to relive their youth. It's not just Porsches that have this impact. Even the music you like most tends to come from these formative years.

Now as supply dwindles, buyers are forced to consider higher mileage cars (those +100K mile cars you wrote about) because the remaining low mileage examples are sold or are going for the outrageous prices that the median buyers can't justify or afford.

This is going to happen with the 996, although I suspect that the larger production numbers coupled with the change in later generations' interest in cars, may dampen the market a little. Then there is economic inflation and recent supply chain shortages which have artificially elevated prices on all cars.

TexSquirrel

I felt a great disturbance in the 911 market, as if millions of voices suddenly cried out in terror and were suddenly silenced. I fear something terrible has happened.

GC996

Dont forget, the largest generation in the history of the US are the millenials. They can't resist a 996. But then again, who can't?