Prices Keep Drifting Up
07-24-2024, 10:29 PM
#9001
Rennlist Member
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.
The following 3 users liked this post by Marv:
07-25-2024, 09:21 AM
#9002
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.
07-25-2024, 12:51 PM
#9003
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.
07-25-2024, 01:05 PM
#9004
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
07-26-2024, 11:14 AM
#9005
Racer
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
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plpete84 (07-26-2024)
07-26-2024, 11:15 AM
#9006
Rennlist Member
07-26-2024, 11:16 AM
#9007
Racer
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Mike Murphy (07-26-2024)
07-26-2024, 01:33 PM
#9008
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
07-26-2024, 02:59 PM
#9009
Rennlist Member
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; 07-26-2024 at 03:01 PM.
The following 2 users liked this post by cqhall:
996love (07-26-2024),
Mike Murphy (07-27-2024)
07-28-2024, 02:29 PM
#9011
Three Wheelin'
pastel yellow cab with 23k miles asking 39k
07-29-2024, 04:50 PM
#9012
Rennlist Member
07-29-2024, 04:52 PM
#9013
RL Community Team
Rennlist Member
Rennlist Member
Market is soft except on the most spectacular examples. Buyers market!
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Patunia (07-29-2024)
08-17-2024, 05:22 PM
#9015
Racer
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