Prices Keep Drifting Up
#571
Advanced
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Most or all of those examples had high miles (over 100K). Either way, the prices are going up and up. Just crazy, but understandable considering everything else is doing the same.
The following users liked this post:
moosetaco (04-22-2021)
#572
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
C&B isn’t nearly as selective as BaT, and the reserves are obviously far lower as a result. C&B cars are what I’d expect to find on a typical “Used Cars” lot nationwide. IE one defective radio head key, 100% Carfax maintenance history (which is stark absurdity), $10K - $30K of deferred maintenance hiding from low-information buyers, multiple auctions sales history, “mods” out the yin yang (Chinese tunes, K&N intakes, hacked exhausts, stripped cats, etc. etc. etc. etc. etc.
Don’t get me wrong the 996 is fairly indomitable, and will survive all of the above to race in the next lifetime. That’s literally why I keep coming back to them.
But the “Buy Here - Pay Here” prices are absolutely justified. Remember these are the same sellers who dump Black/Grey 964 Tip/Cabs on unsuspecting first time buyers for $27K all day long. You get 500 miles max outta those before the engine drops for $40K.
Just because I can buy a 964 Tip/Cab from Manheim for $22K doesn’t necessarily demand that a 964 Speed Yellow 3-pedal Coupe isn’t worth $100K. Because it usually is. Both are worth what both are worth.
There are some really top shelf examples sometimes on BaT. No doubt. The other guys, just not so much. Apples oranges.
Don’t get me wrong the 996 is fairly indomitable, and will survive all of the above to race in the next lifetime. That’s literally why I keep coming back to them.
But the “Buy Here - Pay Here” prices are absolutely justified. Remember these are the same sellers who dump Black/Grey 964 Tip/Cabs on unsuspecting first time buyers for $27K all day long. You get 500 miles max outta those before the engine drops for $40K.
Just because I can buy a 964 Tip/Cab from Manheim for $22K doesn’t necessarily demand that a 964 Speed Yellow 3-pedal Coupe isn’t worth $100K. Because it usually is. Both are worth what both are worth.
There are some really top shelf examples sometimes on BaT. No doubt. The other guys, just not so much. Apples oranges.
Last edited by bdronsick; 04-22-2021 at 02:39 PM.
#573
Rennlist Member
The following users liked this post:
bdronsick (04-22-2021)
#574
The following 2 users liked this post by parris:
GC996 (04-22-2021),
TexSquirrel (04-22-2021)
#575
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
997.2s are doing very well, especially the GTS. Their DFI engines have basically no major weaknesses, unlike IMS or bore scoring in the .1 engine, and not a lot were made because of the recession. Quality .1s have been up, too. As someone in a .1 6spd Turbo coupe, I keep waiting for those to "have their moment" but I don't think it's really come yet except on the pristine garage queen ones. I think people are hot on naturally aspirated 911s particularly now that all new cars are turbocharged.
Last edited by Skwerl; 04-22-2021 at 04:08 PM.
#576
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
997.2s are doing very well, especially the GTS. Their DFI engines have basically no major weaknesses, unlike IMS or bore scoring in the .1 engine, and not a lot were made because of the recession. Quality .1s have been up, too. As someone in a .1 6spd Turbo coupe, I keep waiting for those to "have their moment" but I don't think it's really come yet except on the pristine garage queen ones. I think people are hot on naturally aspirated 911s particularly now that all new cars are turbocharged.
#578
Three Wheelin'
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
C&B isn’t nearly as selective as BaT, and the reserves are obviously far lower as a result. C&B cars are what I’d expect to find on a typical “Used Cars” lot nationwide. IE one defective radio head key, 100% Carfax maintenance history (which is stark absurdity), $10K - $30K of deferred maintenance hiding from low-information buyers, multiple auctions sales history, “mods” out the yin yang (Chinese tunes, K&N intakes, hacked exhausts, stripped cats, etc. etc. etc. etc. etc.
Don’t get me wrong the 996 is fairly indomitable, and will survive all of the above to race in the next lifetime. That’s literally why I keep coming back to them.
But the “Buy Here - Pay Here” prices are absolutely justified. Remember these are the same sellers who dump Black/Grey 964 Tip/Cabs on unsuspecting first time buyers for $27K all day long. You get 500 miles max outta those before the engine drops for $40K.
Just because I can buy a 964 Tip/Cab from Manheim for $22K doesn’t necessarily demand that a 964 Speed Yellow 3-pedal Coupe isn’t worth $100K. Because it usually is. Both are worth what both are worth.
There are some really top shelf examples sometimes on BaT. No doubt. The other guys, just not so much. Apples oranges.
Don’t get me wrong the 996 is fairly indomitable, and will survive all of the above to race in the next lifetime. That’s literally why I keep coming back to them.
But the “Buy Here - Pay Here” prices are absolutely justified. Remember these are the same sellers who dump Black/Grey 964 Tip/Cabs on unsuspecting first time buyers for $27K all day long. You get 500 miles max outta those before the engine drops for $40K.
Just because I can buy a 964 Tip/Cab from Manheim for $22K doesn’t necessarily demand that a 964 Speed Yellow 3-pedal Coupe isn’t worth $100K. Because it usually is. Both are worth what both are worth.
There are some really top shelf examples sometimes on BaT. No doubt. The other guys, just not so much. Apples oranges.
Even BaT has been a little looser with what they sell these days, I've seen a few salvage cars on there over the last few months. CaB is also pretty new but I agree they definitely have more questionable cars but in the end its still up to the buyer to do their due diligence when purchasing.
#579
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
The guys that have held on to 996's for nearly 20 years have made no money on them. The storage cost/value is about $200 per month for climate controlled storage, whether that's the amount you pay, or the amount you loose by not renting out the space to someone else. Even the guy who sold the 2k mile car for $55k lost money. The value/cost of just the storage would be $48K. So unless he paid less than $7k for a 2k mile 996. he paid a lot of money to LOOK at a 996 for years.
The ones making money on 996's are the "flippers" or short-timers , the rest of us are just enjoying driving them at whatever the cost . As the value goes up ,the 80k miles I have put on my 180k mile 996 will have cost me less !!! More smiles per $Miles !!!![rockon](https://rennlist.com/forums/graemlins/rockon.gif)
The ones making money on 996's are the "flippers" or short-timers , the rest of us are just enjoying driving them at whatever the cost . As the value goes up ,the 80k miles I have put on my 180k mile 996 will have cost me less !!! More smiles per $Miles !!!
![rockon](https://rennlist.com/forums/graemlins/rockon.gif)
The following 8 users liked this post by Porschetech3:
996fried (05-19-2021),
Billup (04-26-2021),
brontosaurus (04-23-2021),
DSC800 (04-22-2021),
golock911 (04-23-2021),
and 3 others liked this post.
#581
Instructor
#582
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
Boy did I get in at the right time. I knew that if I didn't jump on this roller I'd never fulfill my dream of owning a 911.
Bet mine would fetch a pretty penny with the R40...But, I'll never know!
Bet mine would fetch a pretty penny with the R40...But, I'll never know!
The following users liked this post:
GC996 (04-26-2021)
#583
RL Community Team
Rennlist Member
Rennlist Member
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
The guys that have held on to 996's for nearly 20 years have made no money on them. The storage cost/value is about $200 per month for climate controlled storage, whether that's the amount you pay, or the amount you loose by not renting out the space to someone else. Even the guy who sold the 2k mile car for $55k lost money. The value/cost of just the storage would be $48K. So unless he paid less than $7k for a 2k mile 996. he paid a lot of money to LOOK at a 996 for years.
The ones making money on 996's are the "flippers" or short-timers , the rest of us are just enjoying driving them at whatever the cost . As the value goes up ,the 80k miles I have put on my 180k mile 996 will have cost me less !!! More smiles per $Miles !!!![rockon](https://rennlist.com/forums/graemlins/rockon.gif)
The ones making money on 996's are the "flippers" or short-timers , the rest of us are just enjoying driving them at whatever the cost . As the value goes up ,the 80k miles I have put on my 180k mile 996 will have cost me less !!! More smiles per $Miles !!!
![rockon](https://rennlist.com/forums/graemlins/rockon.gif)
Who would store a nice car in their garage and never drive it and pay $40k to do that?
I won’t invest long term on a car.
I have flipped cars and done well.
I have also flipped cars and not done well at all.
These days I just want to buy cars to enjoy, which means driving the heck out of them.
Whether my 996 is worth $100 or $1million when I’m done with it doesn’t matter to me.
It will only matter to whomever inherits it.
I hope they either keep it and drive the heck out of it, or sell it to someone who will.
The following users liked this post:
GC996 (04-26-2021)
#584
Three Wheelin'
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
The guys that have held on to 996's for nearly 20 years have made no money on them. The storage cost/value is about $200 per month for climate controlled storage, whether that's the amount you pay, or the amount you loose by not renting out the space to someone else. Even the guy who sold the 2k mile car for $55k lost money. The value/cost of just the storage would be $48K. So unless he paid less than $7k for a 2k mile 996. he paid a lot of money to LOOK at a 996 for years.
The ones making money on 996's are the "flippers" or short-timers , the rest of us are just enjoying driving them at whatever the cost . As the value goes up ,the 80k miles I have put on my 180k mile 996 will have cost me less !!! More smiles per $Miles !!!![rockon](https://rennlist.com/forums/graemlins/rockon.gif)
The ones making money on 996's are the "flippers" or short-timers , the rest of us are just enjoying driving them at whatever the cost . As the value goes up ,the 80k miles I have put on my 180k mile 996 will have cost me less !!! More smiles per $Miles !!!
![rockon](https://rennlist.com/forums/graemlins/rockon.gif)
The following users liked this post:
TexSquirrel (04-22-2021)
#585
Advanced
![Default](https://rennlist.com/forums/images/icons/icon1.gif)
The rest were OK, but sold for what they should have IMO. The gold one, besides being gold, had the original IMSB (so add ~$3k to it), the red one had 93k miles but was a tiptronic with original IMS (more expensive fix), but it was in nice condition. The silver that sold for $15.2, 100k miles, original IMSB, owner was pretty much MIA at the end of the auction. THe Silver one for $24k had 143k miles but recently had IMSB and clutch done.
This one is probably the best deal recently https://carsandbids.com/auctions/3vk...-carrera-coupe
I ended up waiting a bit and found a local car for not much more than I would have dropped on that Lapis Blue one after fees and paying for the flight down to pick it up, and mine has just a bit more than 1/3 of the miles.
The following users liked this post:
bdronsick (04-23-2021)