Prices Keep Drifting Up
#1
Rennlist Member
Thread Starter
Prices Keep Drifting Up
You can't keep seeing examples such as this and not conclude anything other than there's been a significant movement upward since beginning of 2020:
https://bringatrailer.com/listing/20...carrera-4s-55/
$41,750 + $2k fee + shipping, no factory sports exhaust but does have the LN Solution. Do like the stance with the lowering springs vs my stock 03 4s suspension, will admit that.
https://bringatrailer.com/listing/20...carrera-4s-55/
$41,750 + $2k fee + shipping, no factory sports exhaust but does have the LN Solution. Do like the stance with the lowering springs vs my stock 03 4s suspension, will admit that.
The following 3 users liked this post by Optionman1:
Popular Reply
01-12-2021, 09:34 PM
Rennlist Member
For sure.
I mean I bought this 1988 C2 Targa about 15 years ago for $16k or something like that. The market was flooded with them and they were everywhere, not unlike the 996 from 2-4 years ago. Sure the 996 is still easy to grab today, there are plenty of them out there, but the supply is decreasing over time, and the mileage on these cars is increasing over time, leaving the ultra low-mile cars out there for some last-ditch folks to scoop them up for a discount, relative to what they will likely be worth in 3, 5, or 10 years, which I predict will be in the same ballpark as the 997, and possibly the 991 by then.
When considering the longevity of the 996, engine issues notwithstanding, as a platform for lasting 40, 50 or 60 years, the additional complexity of the water-cooled aspect is countered by the simplicity of the other components, such as oil-water heat exchanger, HVAC system, and lack of luxury-car add-ons common at the time. It’s not a complex car, save for the convertible top, and could last several more decades as a decent, reliable car, not unlike the air-cooled cars that came before.
1988 3.2 Carrera Targa
I mean I bought this 1988 C2 Targa about 15 years ago for $16k or something like that. The market was flooded with them and they were everywhere, not unlike the 996 from 2-4 years ago. Sure the 996 is still easy to grab today, there are plenty of them out there, but the supply is decreasing over time, and the mileage on these cars is increasing over time, leaving the ultra low-mile cars out there for some last-ditch folks to scoop them up for a discount, relative to what they will likely be worth in 3, 5, or 10 years, which I predict will be in the same ballpark as the 997, and possibly the 991 by then.
When considering the longevity of the 996, engine issues notwithstanding, as a platform for lasting 40, 50 or 60 years, the additional complexity of the water-cooled aspect is countered by the simplicity of the other components, such as oil-water heat exchanger, HVAC system, and lack of luxury-car add-ons common at the time. It’s not a complex car, save for the convertible top, and could last several more decades as a decent, reliable car, not unlike the air-cooled cars that came before.
1988 3.2 Carrera Targa
#2
Rennlist Member
Looks pretty nice! I'd say the Solution is a significant selling point for those who know...
The following 3 users liked this post by dporto:
The following 3 users liked this post by wildbilly32:
#4
Rennlist Member
Nice comp
My 33k mi 996AE with 4 piece full luggage pack, Fisters, PSS10s, Euro buckets (all OE parts kept) CA car from new with up to date preventative maintenance; IMSS, Water Pump, Coils, Sparkies, mint condition
Gives me hope also
996 C4S in 997 money
My 33k mi 996AE with 4 piece full luggage pack, Fisters, PSS10s, Euro buckets (all OE parts kept) CA car from new with up to date preventative maintenance; IMSS, Water Pump, Coils, Sparkies, mint condition
Gives me hope also
996 C4S in 997 money
#5
Rennlist Member
The IMS Solution really is the only true solution to addressing the IMSB issue...
Back to that car in question, yeah, it’s super nice. Those C4S cars have really been able to hold their own, both in retained value, and in looks.
Not to take away from my 996.1 C2 lightweight, but it doesn’t look the same as a wide hip C4S.
I’m not surprised by a potential upswing in valuation. It was bound to happen given everything else that has seemed to go up in cost lately.
Back to that car in question, yeah, it’s super nice. Those C4S cars have really been able to hold their own, both in retained value, and in looks.
Not to take away from my 996.1 C2 lightweight, but it doesn’t look the same as a wide hip C4S.
I’m not surprised by a potential upswing in valuation. It was bound to happen given everything else that has seemed to go up in cost lately.
#6
Rennlist Member
^^^ "a rising tide lifts all boats"... (at least to some extent...) It's really a matter of time. The 996 era is 20 years old now - though there were lots made, there is a finite supply of "good cars". These will be the first to get "lifted" but eventually anything that's decent will start to rise as well. Of course the well optioned, limited editions, and otherwise rare cars will always command the highest prices.
The following 4 users liked this post by dporto:
#7
Rennlist Member
For sure.
I mean I bought this 1988 C2 Targa about 15 years ago for $16k or something like that. The market was flooded with them and they were everywhere, not unlike the 996 from 2-4 years ago. Sure the 996 is still easy to grab today, there are plenty of them out there, but the supply is decreasing over time, and the mileage on these cars is increasing over time, leaving the ultra low-mile cars out there for some last-ditch folks to scoop them up for a discount, relative to what they will likely be worth in 3, 5, or 10 years, which I predict will be in the same ballpark as the 997, and possibly the 991 by then.
When considering the longevity of the 996, engine issues notwithstanding, as a platform for lasting 40, 50 or 60 years, the additional complexity of the water-cooled aspect is countered by the simplicity of the other components, such as oil-water heat exchanger, HVAC system, and lack of luxury-car add-ons common at the time. It’s not a complex car, save for the convertible top, and could last several more decades as a decent, reliable car, not unlike the air-cooled cars that came before.
1988 3.2 Carrera Targa
I mean I bought this 1988 C2 Targa about 15 years ago for $16k or something like that. The market was flooded with them and they were everywhere, not unlike the 996 from 2-4 years ago. Sure the 996 is still easy to grab today, there are plenty of them out there, but the supply is decreasing over time, and the mileage on these cars is increasing over time, leaving the ultra low-mile cars out there for some last-ditch folks to scoop them up for a discount, relative to what they will likely be worth in 3, 5, or 10 years, which I predict will be in the same ballpark as the 997, and possibly the 991 by then.
When considering the longevity of the 996, engine issues notwithstanding, as a platform for lasting 40, 50 or 60 years, the additional complexity of the water-cooled aspect is countered by the simplicity of the other components, such as oil-water heat exchanger, HVAC system, and lack of luxury-car add-ons common at the time. It’s not a complex car, save for the convertible top, and could last several more decades as a decent, reliable car, not unlike the air-cooled cars that came before.
1988 3.2 Carrera Targa
The following 18 users liked this post by Mike Murphy:
4FuchsSake (02-13-2024),
Billup (01-13-2021),
Dalejohn (04-09-2021),
dporto (01-12-2021),
Dr_Strangelove (01-13-2021),
and 13 others liked this post.
Trending Topics
#8
Rennlist Member
The Whale Tail is my favorite rear spoiler of all time ! So cool Great looking car...
The following 7 users liked this post by dporto:
911my22 (02-08-2022),
Dalejohn (04-09-2021),
Mike Murphy (01-13-2021),
NYoutftr (07-03-2021),
SARNODUDE (08-27-2023),
and 2 others liked this post.
#9
Drivers are getting sick of all the computerized aids in new cars. The trend is towards less driver control and more automation. The 996 is an attractive package because it is so simple, light, naturally aspirated, and very little in the way of systems to get between you and the road. You could argue this makes it more "pure" in some sense than the 997.
It's in a sweet spot of performance, comfort and usability, and it just so happens to be the cheapest 911 you can buy. No wonder so many people want them.
It's in a sweet spot of performance, comfort and usability, and it just so happens to be the cheapest 911 you can buy. No wonder so many people want them.
The following 13 users liked this post by dantonio:
Corso (11-19-2021),
Dr_Strangelove (01-13-2021),
EVOMMM (10-31-2022),
fourblades (04-08-2021),
GC996 (03-25-2021),
and 8 others liked this post.
#10
Drifting
I can very much relate to this. When I was a teenager I used to laugh at the old car guys who wouldn't drive anything with fuel injection. Now I see all of these 27" televisions being used as dashboards and I think to myself; "Whelp. I suppose around about 2016 is when my newest car came out."
The following 8 users liked this post by Dr_Strangelove:
4FuchsSake (07-03-2024),
9!!_VA (05-28-2023),
NYoutftr (01-13-2021),
RTSC4S (01-19-2024),
ThomasCarreraGTS (08-24-2021),
and 3 others liked this post.
#11
Burning Brakes
Drivers are getting sick of all the computerized aids in new cars. The trend is towards less driver control and more automation. The 996 is an attractive package because it is so simple, light, naturally aspirated, and very little in the way of systems to get between you and the road. You could argue this makes it more "pure" in some sense than the 997.
It's in a sweet spot of performance, comfort and usability, and it just so happens to be the cheapest 911 you can buy. No wonder so many people want them.
It's in a sweet spot of performance, comfort and usability, and it just so happens to be the cheapest 911 you can buy. No wonder so many people want them.
The following 6 users liked this post by Billup:
fourblades (04-08-2021),
jung996fraulein (07-18-2022),
Putt-Putt (01-14-2021),
Ratchet1025 (01-05-2022),
TopPorscheFan (04-11-2022),
and 1 others liked this post.
#12
Drifting
This might be true in certain factions, however, in the Type R forums it is surprising how many people(mostly younger) are whining about the lack of nannies and driver assist technologies. I.E.: lane centering, auto spacing cruise control, automatic braking, parking assist, cross traffic warning, etc...I guess they want to add all that crap(read weight and complexity) and more so they can play with their phones while driving and have the car "drive" for them. Some spirited discussions have been had about driver attention/involvement over there.
On the 996 one of my attractions to this model is the overall size. Like a sports car not a hiway cruiser. The newer one just keep getting bigger and bigger.
On the 996 one of my attractions to this model is the overall size. Like a sports car not a hiway cruiser. The newer one just keep getting bigger and bigger.
"And Leon is getting laaaaarrrrrger."
Drivers are getting sick of all the computerized aids in new cars. The trend is towards less driver control and more automation. The 996 is an attractive package because it is so simple, light, naturally aspirated, and very little in the way of systems to get between you and the road. You could argue this makes it more "pure" in some sense than the 997.
It's in a sweet spot of performance, comfort and usability, and it just so happens to be the cheapest 911 you can buy. No wonder so many people want them.
It's in a sweet spot of performance, comfort and usability, and it just so happens to be the cheapest 911 you can buy. No wonder so many people want them.
#13
Burning Brakes
This might be true in certain factions, however, in the Type R forums it is surprising how many people(mostly younger) are whining about the lack of nannies and driver assist technologies. I.E.: lane centering, auto spacing cruise control, automatic braking, parking assist, cross traffic warning, etc...I guess they want to add all that crap(read weight and complexity) and more so they can play with their phones while driving and have the car "drive" for them. Some spirited discussions have been had about driver attention/involvement over there.
Times are definitely always changing, so it will be interesting to see what happens over the next 10-20 years.
The following 4 users liked this post by Billup:
#14
Drifting
Like the "new" saying goes: "The best car theft deterrent these days is a manual transmission..."
Talking with some people around work, their kids don't even care to get their drivers licenses, let alone care what kind of car they'd drive if they had one. Their kids are mostly young / middle teenagers, so I'm not sure if this resonates with the younger 20's crowd. As time goes on, enthusiasts are going to keep dwindling into smaller groups. Hell look at most new cars, you can't distinguish a new 2 series from a Nissan Maxima. Body lines of "super cars" are all starting to look similar (C8 Corvette) also.
Times are definitely always changing, so it will be interesting to see what happens over the next 10-20 years.
Times are definitely always changing, so it will be interesting to see what happens over the next 10-20 years.
The following 7 users liked this post by wildbilly32:
9!!_VA (10-05-2021),
Billup (01-13-2021),
BossAngeles (04-02-2022),
cun65458 (02-06-2021),
gcbpt (10-09-2021),
and 2 others liked this post.
#15
Rennlist Member
Thread Starter
In the "Uber" generation with no need to drive for even basic needs since "Amazon Prime" can have it at your doorstep in no time, its not surprising that younger generations dont view driving the same way 50+ men do. Its seen as an expensive nuisance vs a pleasure. Young and stupid has always gone together well.
The following 6 users liked this post by Optionman1:
C4911 (02-06-2021),
Clevy (09-16-2021),
cun65458 (02-06-2021),
dgantt (07-26-2021),
fourblades (04-08-2021),
and 1 others liked this post.