Prices Keep Drifting Up
Rennlist Member
Joined: Oct 2004
Posts: 5,101
Likes: 1,679
From: Florida Space Coast
In my opinion, very, very few 996 models are really collectable. Maybe a GT2, but even then you can probably do better rates of returns with that same cash and a competent financial investor.
It is easy to look at the purchase price and a sale price years later and start rubbing your hands together. But we fail to consider the cost of storage, insurance, operational costs, and any maintenance. Let's not forget converting those dollars after inflation.
So, as you say, drive, drive, drive a well maintained model and enjoy some fun with disposable income.
It is easy to look at the purchase price and a sale price years later and start rubbing your hands together. But we fail to consider the cost of storage, insurance, operational costs, and any maintenance. Let's not forget converting those dollars after inflation.
So, as you say, drive, drive, drive a well maintained model and enjoy some fun with disposable income.
7th Gear
Joined: Feb 2024
Posts: 7
Likes: 6
Good call 15 years ago Targas were meh. I have owned 2 82 SC and 89 Carrera Loved them both .
I am now on the 996 band wagon, best car for the money period!
You might want to photo shop out the tripod other wise great pic.
I am now on the 996 band wagon, best car for the money period!
You might want to photo shop out the tripod other wise great pic.
Instructor
Joined: Feb 2024
Posts: 101
Likes: 39
From: Montreal
In my opinion, very, very few 996 models are really collectable. Maybe a GT2, but even then you can probably do better rates of returns with that same cash and a competent financial investor.
It is easy to look at the purchase price and a sale price years later and start rubbing your hands together. But we fail to consider the cost of storage, insurance, operational costs, and any maintenance. Let's not forget converting those dollars after inflation.
So, as you say, drive, drive, drive a well maintained model and enjoy some fun with disposable income.
It is easy to look at the purchase price and a sale price years later and start rubbing your hands together. But we fail to consider the cost of storage, insurance, operational costs, and any maintenance. Let's not forget converting those dollars after inflation.
So, as you say, drive, drive, drive a well maintained model and enjoy some fun with disposable income.
Racer
Joined: Nov 2001
Posts: 486
Likes: 139
From: Scottsdale
Timing (start / end of auction), spec variations, and the growing or declining demand of "X" car/series as time goes on. I'm not old enough to have experienced this, but have heard older guys say they've bought and sold 993's/964's for "nothing" (whatever that actually means for the times) back in the day.
Lots of 996's were made so prices still make majority available to the average car person, but then the more specific specs start to change things. The glacier white aero on black got $49k while the Biarritz white aero on savannah got $40k, with fairly similar milage.
Lots of 996's were made so prices still make majority available to the average car person, but then the more specific specs start to change things. The glacier white aero on black got $49k while the Biarritz white aero on savannah got $40k, with fairly similar milage.
You could get get a speced out Aero when it was at the low end for $16k to $21k ....What changed now? BAT, Dealers driving up prices, they are still a 996 and hated on and bitched about and now they have a Aero for a prem
Pro
Joined: Mar 2021
Posts: 579
Likes: 271
From: Central MA
Looks kike BAT caught a relative making a surprise bid and the auction was pulled. Well done.
https://bringatrailer.com/listing/19...omments-anchor
https://bringatrailer.com/listing/19...omments-anchor
Rennlist Member
Joined: Aug 2006
Posts: 9,213
Likes: 1,907
From: Chicago, IL
Pro
Joined: Mar 2021
Posts: 579
Likes: 271
From: Central MA
Pro
Joined: May 2018
Posts: 516
Likes: 270
From: Los Angeles
Its means the 993 use to go for $29k to $40k and the 964s were hated so much it went to become the 996 back in its day and you could grab one for $20k and now Singer is selling them for $1M.
You could get get a speced out Aero when it was at the low end for $16k to $21k ....What changed now? BAT, Dealers driving up prices, they are still a 996 and hated on and bitched about and now they have a Aero for a prem
You could get get a speced out Aero when it was at the low end for $16k to $21k ....What changed now? BAT, Dealers driving up prices, they are still a 996 and hated on and bitched about and now they have a Aero for a prem
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Pro
Joined: Feb 2022
Posts: 623
Likes: 530
From: Atlanta
I sold a car on BaT and the real bidding didn't happen until literally the last minute of the auction.
Sometimes, with more mundane cars, people will throw out a low bid in hopes that no one else will notice and then they win a car for cheap.
Sometimes, with more mundane cars, people will throw out a low bid in hopes that no one else will notice and then they win a car for cheap.
Last edited by cqhall; Jul 26, 2024 at 03:01 PM.
Rennlist Member
Joined: May 2017
Posts: 1,300
Likes: 654
From: Charleston, SC
pastel yellow cab with 23k miles asking 39k
Rennlist Member
Joined: Aug 2006
Posts: 9,213
Likes: 1,907
From: Chicago, IL
Pro
Joined: Mar 2021
Posts: 579
Likes: 271
From: Central MA
Two cars that sold on BAT today. Two very different outcomes. Not at all what I expected.
1999 c2 cpe 6-speed $50,996
2002 c2 cap tip w/ 31K $26,500
1999 c2 cpe 6-speed $50,996
2002 c2 cap tip w/ 31K $26,500