Prices Keep Drifting Up
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GC996 (06-20-2022)
#7127
Rennlist Member
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All in cost for 996 as an estimated example
Purchase price: $25,000
Engine parts refresh: 15,000
Suspension refresh: 5,000?
Exhaust/Intake/Software refresh: 10,000?
TOTAL. 55,000
What about this example using a turbo?
Seems that cars that arent well sorted and don't have the proper service and refresh should go for less, while those 996s that are well sorted and serviced should go for more.
Let the bifurcation tug of war begin in the markets. I welcome it.
Purchase price: $25,000
Engine parts refresh: 15,000
Suspension refresh: 5,000?
Exhaust/Intake/Software refresh: 10,000?
TOTAL. 55,000
What about this example using a turbo?
Seems that cars that arent well sorted and don't have the proper service and refresh should go for less, while those 996s that are well sorted and serviced should go for more.
Let the bifurcation tug of war begin in the markets. I welcome it.
Outside of purchase price …….A turbo is actually quite similar in costs and labor / similarity on parts. I would perhaps re arrange some of the spend but the total is quite similar….. The rub is the purchase price…
In todays market I would say a well sorted turbo ( miles less of a concern as long as you know the history and all major pipe welding / transmission/ turbos etc done ) would go for close to 60k. One that needs all the work would go for mid 40-50’s. I got lucky and bought one a year and a half ago for a decent price that I assumed needed a ton of work on the word of a colleague that I later discovered had near all the major work done already and then some …..
hope that helps. Happy to answer any questions on the 996 turbos or 996 c2.
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GC996 (06-20-2022)
#7128
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At what point is. Refresh required? My car T under 80 seems far from needing a refresh of anything.
#7130
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I am of the opinion that you shouldn't tinker with anything that isn't broken.
But suspension components are probably a bit worn out after 80k.
#7131
Rennlist Member
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Noticing 996 turbos for mid 50's on Rennlist. What's it cost to refresh a turbo? We know the 996 Carrera is approx 15k. Much less if you are a wrencher, if the necessary stuff hasn't been done. Not including suspension, exhaust, etc.
Seems that the turbo may have moved back to a sweet spot in pricing. Is there a fear developing that there are big costs to the refresh and therefor being priced in currently like the bifurcation developing with the Carrera?
I personally hope so. IMHO, an owner that takes care of their car and has it properly serviced should be rewarded with a higher premium. One that just buys it, drives it for a year and them flips it without doing the necessary service on a 20 year old car should be penalized in sale price.
Sellers beware. Seems the buyers are figuring this out.
Seems that the turbo may have moved back to a sweet spot in pricing. Is there a fear developing that there are big costs to the refresh and therefor being priced in currently like the bifurcation developing with the Carrera?
I personally hope so. IMHO, an owner that takes care of their car and has it properly serviced should be rewarded with a higher premium. One that just buys it, drives it for a year and them flips it without doing the necessary service on a 20 year old car should be penalized in sale price.
Sellers beware. Seems the buyers are figuring this out.
Even a good engine will suffer from rubber and plastic degeneration. Entropy is expensive on these cars.
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GC996 (06-20-2022)
#7132
Rennlist Member
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Any $50k’s Mezger will be high-miles, or bad-carfax, or automatic, or convertible, and likely two or more of those last-out strikes combined
And that’s still twice what you could bottom fish a Mezger for only three years ago. Why not bottom fish a bad-carfax, high-miles, Cab-Tip, 964 in the $30k’s instead??
No free lunch by any stretch, but the 964 barrel has bottomed out substantively lower than any Mezger ever will!
And that’s still twice what you could bottom fish a Mezger for only three years ago. Why not bottom fish a bad-carfax, high-miles, Cab-Tip, 964 in the $30k’s instead??
No free lunch by any stretch, but the 964 barrel has bottomed out substantively lower than any Mezger ever will!
Last edited by bdronsick; 06-20-2022 at 10:04 AM.
#7133
Rennlist Member
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Remember, the 996 is a 20 year old car, so rubber, plastic and even metal parts need to be replaced.
But an engine parts refresh is not a rebuild. It is the dropping of an engine and the replacement of key parts and performing procedures that everyone needs to do if they want their car to continue to run at peak performance. Some parts prevent the risk of catastrophic failure, while other parts just wear out and can leave you stranded on the side of the road until fixed.
You guys know the list of parts and costs. If not, rennlist threads will give you direction.
It's innevitable that the market will begin to factor in the cost of the parts and procedures that have been done or not done into the sale price of the 996. This is no different than the market for any other desireable 20 year or older classic sports car. Just the way markets evolve over time.
But an engine parts refresh is not a rebuild. It is the dropping of an engine and the replacement of key parts and performing procedures that everyone needs to do if they want their car to continue to run at peak performance. Some parts prevent the risk of catastrophic failure, while other parts just wear out and can leave you stranded on the side of the road until fixed.
You guys know the list of parts and costs. If not, rennlist threads will give you direction.
It's innevitable that the market will begin to factor in the cost of the parts and procedures that have been done or not done into the sale price of the 996. This is no different than the market for any other desireable 20 year or older classic sports car. Just the way markets evolve over time.
Last edited by GC996; 06-20-2022 at 06:49 AM.
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TheChunkNorris (06-20-2022)
#7135
Rennlist Member
#7136
Three Wheelin'
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Any $50’s Mezger will be high-miles, or bad-carfax, or automatic, or convertible, and likely three or more of those strikes combined
And that’s still twice what you could bottom fish a Mezger for only three years ago. Why not bottom fish a bad-carfax, Cab-Tip, 964 in the $30’s instead??
No free lunch by any stretch, but the 964 barrel has bottomed out substantively lower than any Mezger ever will!
And that’s still twice what you could bottom fish a Mezger for only three years ago. Why not bottom fish a bad-carfax, Cab-Tip, 964 in the $30’s instead??
No free lunch by any stretch, but the 964 barrel has bottomed out substantively lower than any Mezger ever will!
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GC996 (06-20-2022),
TheChunkNorris (06-20-2022)
#7137
Race Car
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But an engine parts refresh is not a rebuild. It is the dropping of an engine and the replacement of key parts and performing procedures that everyone needs to do if they want their car to continue to run at peak performance. Some parts prevent the risk of catastrophic failure, while other parts just wear out and can leave you stranded on the side of the road until fixed.
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GC996 (06-20-2022)
#7138
Rennlist Member
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If you pay a shop to do this to a 996 Turbo it's probably in the range of $7k to remove the engine, weld up the coolant pipes, and replace every coolant hose in the engine bay. I have done this to both my 996 Turbo's and the parts cost is around $1500 in 2020 dollars; I did all the labor. With that you will be good to go for another 20 years.
#7140
Rennlist Member