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Prices Keep Drifting Up

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Old 05-25-2021 | 10:29 AM
  #916  
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Good, hope it stays this way until I’ve found a GT3 for less than a million dollars


Originally Posted by GarrettSR5
Lots of people aren't aware of the GT1. They only know of the Carrera GT as the original Porsche "hypercar"
Old 05-25-2021 | 10:34 AM
  #917  
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Is this a joke?? How is Jake somehow responsible for Encinitas, CA high school kids blowing $15K 996 motors that were maintained at Jiffy Lube??

The 964 was dirt cheap for decades too. Doesn’t make it cheap. Just makes those previous owners stupid.


Originally Posted by GarrettSR5
I recall not too long ago you saying people were calling with cheap 996s and blown engines and were upset when you told them the price and wait for a quality engine
Old 05-25-2021 | 11:25 AM
  #918  
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Originally Posted by bdronsick
Is this a joke??
No, it's an accurate representation of the mentality of the general population as a whole. Millions are ignorant, millions more are just idiots.
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Old 05-25-2021 | 11:42 AM
  #919  
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IMO 996 may eventually surpass every 911 Type in the “long run”.

Originally Posted by Putt-Putt
A critical look at a 1999 996 3 pedal coupe vs. the equivalent 997 shows why it will surpass the 997 in value in the long run.
Old 05-26-2021 | 09:50 PM
  #920  
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I suspect the 996/997/991 will be lumped together the same way the SC/3.2/964 were lumped together 15 years ago. The 992s are turbocharged and the 993/994 or whatever will come after will not be anything like the 996/997/991 cars.
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Old 05-26-2021 | 11:08 PM
  #921  
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Originally Posted by Mike Murphy
I suspect the 996/997/991 will be lumped together the same way the SC/3.2/964 were lumped together 15 years ago. The 992s are turbocharged and the 993/994 or whatever will come after will not be anything like the 996/997/991 cars.
I'm pretty sure the next 911 won't be called 993.
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Old 05-27-2021 | 03:21 AM
  #922  
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Originally Posted by bdronsick
Is this a joke?? How is Jake somehow responsible for Encinitas, CA high school kids blowing $15K 996 motors that were maintained at Jiffy Lube??

The 964 was dirt cheap for decades too. Doesn’t make it cheap. Just makes those previous owners stupid.
Have you been huffing too many 996 exhaust fumes and smelling your own farts or something?
NO where in my post did I remotely insinuate that it was Jake's fault. I just pointed out that he had said people used to call and expect a cheap rebuild because at one time the 996 was a 'cheap' car
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Old 05-27-2021 | 08:17 AM
  #923  
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Originally Posted by barbancourt;[url=tel:17455451
17455451[/url]]I'm pretty sure the next 911 won't be called 993.
Haha, whoops. Typo 😁
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Old 05-28-2021 | 06:41 PM
  #924  
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I know its a 997.1 but still......

https://bringatrailer.com/listing/20...s-cabriolet-7/

Just under $70k all-in.!!!!!!!

Last edited by Optionman1; 05-28-2021 at 06:47 PM.
Old 05-28-2021 | 10:04 PM
  #925  
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Everything is drifting up

https://bringatrailer.com/listing/19...-benz-240d-32/

Someone just paid 33k to drive......v...e...r..y.....s...l....oo....w
Old 05-28-2021 | 11:21 PM
  #926  
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I wonder if the used car market crash will sound similar to M96/97 bore scoring?
Old 05-30-2021 | 10:31 AM
  #927  
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https://bringatrailer.com/listing/2003-porsche-gt2-12/

Feel free to guess what this beauty goes for!!
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Old 05-30-2021 | 10:43 AM
  #928  
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$275K
Old 05-30-2021 | 10:57 AM
  #929  
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What has been the average selling price for a well sorted 996 with REAL miles. When I say real I mean around 70k miles and up or for a car that has been driven at very least 5k miles a year? Many of the examples fetching stupid money seem like garage queens being sold at a large profit while not seeing more than 1500 miles a year, on average. Heck, even that Mercedes has seen around 1400 miles a year over 39 years! In a world where many buyers still attribute the value and quality of the vehicle based on miles driven you tend to get pricing like this. Then soon after we see threads like a recent one here ... "I took my car out of storage after 7 months and it's leaking oil - what's wrong?"
Old 05-30-2021 | 12:12 PM
  #930  
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As more garage queens fetch "stupid money", more garage queens will show up on BaT, PcarMarket, etc. The real question is what is "stupid money"? We that own them aren't so smitten with super low miles, understanding that these engines seem to perform best when used often, not just looked at often. The explosion of online auctions has opened the market to many, many new buyers and helps disseminate ever changing price data. Supply vs Demand always works! A few years ago it was a buyers market as supply greatly exceeded demand. Fast forward to Covid and unprecedented global stimulus and now demand greatly exceeds supply and its a sellers market. Most likely the "stupid money" was what we all paid for them, as in stupidly cheap, not the current prices. Just my $.02
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