scanderson76

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.

bdronsick

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.

Mike Murphy

Bat probably has way more eyes on it, which can drive up demand. C&B is pretty new. So there are still some deals to be had out there.

parris

I did it already

Skwerl

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.

GC996

997s have bore scoring issues as well. They are just newer and the problems take time to materialize. As Jake explained in his many videos and posts to RL, it's a fuel issue with ethanol and additives that causes the problem. The time will come with all models.

philbert996

Everyone: 996 prices keep drifting up.
The 996 is really earning respect on Bring a Trailer!


Me: cars and bids

motoo344

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.

Porschetech3

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 !!!

Yogibara

I must of missed those cars when I bid on my eBay 996. As you all know, mine was in rough shape and I paid 15,002 w/ 101K miles and there's nothing special about it.

pcolapacker

Hey! I have a Fab Speed with K&Ns. Came from prior owner. I can think of a better way to spend $1,000. Funnier part is he paid the mechanic $150 to install it.

808Bill

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!

TexSquirrel

In 2017 there was a C5 Vette that had only 300 miles on it that sold for $40k less than the guy paid for it brand new.
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.

motoo344

Lets be real, buying a car and putting it in a bubble is 99.99% of the time not worth it. I think there are very few cars out there that make sense to do this with cars like the F40 and Carrera GT are few and far between. I know its a generalization but if you had taken 100k in 2000 and put it in the market instead of buying a 911 and cashed out in 2020 you would have made almost 200k. Even with some of these prices today the 911 is a losing bet, very few cars out there that just flat out shouldn't be driven and it kills me I don't get to drive mine more. Kids are both almost in school...so close.

SRMPDX

Go look at the C&B cars compared to the BaT cars, they're not generally in the same league. I watched all of the C&B auctions closely and I almost won the second one on the picture list (Lapis Blue that old for $24,446). It had 134k, but had the IMSB, clutch RMS, etc done. It was in nice condition.

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.