mrsullivan

even if i am putting 7-10k miles on it per year?... believe me, i agree with your statement here...but i also dont have the money to have multiple Porsches sitting in my garage like some

my concern is that the car is going to lose its collectibility because i actually drive it quite a bit...no question the last year wide body aircooled will hold value, but i think more so with very low miles....

Zed.

At your current mileage and 7-10K per year I think you grossly over-estimate what your car will fetch, definitely not $60K, closer to $45-50K. Despite being the last of the aircooled, they are just used cars and when you use them, they are worth even less. They are not collectible at this point in time. Maybe another 15 years out. So get the one that best fits your needs, use it up, pass it on to a deserving soul and get another one.

mrsullivan

i have an offer for $55k right now from private buyer....and offer at $50k from a dealer sight unseen...

not trying to be boastful about my car or anything like that.... but i really disagree with your statements...

i bought it for $56k a year ago... i felt lucky to even find it.... i have never seen a 98 Carrera S with a 1-2 owner history, less than 40k miles, silver/black combo for less than $50k on the market... if you have, i am interested where....

Zed.

Then take it, it will be less next year.

Eli K

stiles_s

I'd wager that your 993 will be a cheaper ownership proposition than a 40ae, simply because the 40th's depreciation curve is significantly steeper. That, plus the 993 is the "devil you know". After recently buying my 20th car, I've come to realize that the car you own is almost always cheaper to own (taking into account depreciation, taxes, fixing what's broke, etc.) than the car you want to buy.

If you love your 993, and enjoy driving it, why change? There's nothing inherently wrong with it in the wet; nothing good rain tires and a judicious right foot can't cope with. I'd just drive it like it was meant to be driven, and steel myself for a few dings+scratches and some depreciation over time.

I don't doubt your valuation of your car, just stupified by how some value cars in the US. It's a C*2*S for goodness sakes. It's amazing what a wide rump and questionable performance implications will do to a car's popularity/value. Please don't take this as a jab against your car; it looks to be in beautiful shape. As I said, I just continue to be shocked by the money they bring. Congrats.

TD in DC

Truer words are hard to find.

Zed.

OK, didnt mean to demean you ride. Here's some examples of wide bodies that sold:
Personal friend sold his 1997 C2S, 12K miles, glacier white/black in Spring 2002 for $57,000
Excellence mag June 2005, pg 130- 1996 C4S, 27,000 miles, polar silver/black, superb condition, sold for $49,500.
Low mileage usually brings a 10% premium. The C4S is worth range $30,700-$46,750 according to Excellence market update.
In the current 2005 market, yours is likely closer to the C4S now in value.

But, its worth what a motivated buyer will pay. $55K is very good money for your car with those miles IMHO. If youre gonna bail, nows the time to do it.
FWIW, most of the depreciation on a $90-96K 40th anniv. is out now, even on a "new" leftover one.

mrsullivan

no worries, and no offense taken...

i could be wrong of course, but i follow the 993 market pretty closely, both from purchasing only a year ago, and just natural interest. what i have found (along with many others) is that you cant use NADA or even Excellence as a good guide on these cars... again, every personal opinion is a bit difference, but many would agree that the silver/black combination adds value to these cars, last year 98 aircooled widebody adds more, 2-wheel drive adds yet more, relatively low mileage, 2-owner history, concours shape all adds more...

again, i could be mistaken, but i suspect that if i got serious i could find the right buyer between $55-60k... i know that i wouldnt take a penny less than $55k for it...so who knows, maybe i wouldnt get that amount for it and then this whole situation would take care of itself... i wouldnt get rid of it :-)

Zed.

Yep, dont get rid of it, add another. I couldnt part with my 993. What would I drive on weekends?

Onami

Forgive me for jumping in, but you've caught my attention. Why is it that the anniversary cars are depreciating so quickly? Is it happening to this model alone, or all '04's? I have been considering a 993 C2S, but also like the look of the anniversary car and would like to have a warranty. After reading this thread I found a local leftover anniversary car that has been marked down from $140K CDN to $101K - not too far off of my budget

Zed.

The car is a limited edition, creature comfort option loaded, performance oriented rear wheel drive carrrera with great looks and added hp. I believe Porsche thought it would command the $90K + sticker last year as the options if ordered on a conventional carrera would have cost bundles more (>15K). So they did offer value at that price point. As word of the 997 came out last Spring, it probably made it more difficult to move the 40th anniv as its price would be similar to the 997S. Porsche eventually offered $10K discounts and some dealers an additional $10K, thereby discounting some new cars by $20K to the lucky. So there's most of your depreciation or entry point value, depending on where you came into the car. A used one is even greater value now, IMHO. It wont drop much now but should hold its value better than any other normally aspirated carrera (dont know about the GT3).

I am still amazed at the pump and shove in the back that this motor gives at higher rpms. Kinda turbo-like.

mrsullivan

out of curiousity, what does the power package cost if just added to a regular 996?..... for many (myself included), its the extra HP and rear-wheel drive that is most enticing about the 996 anniv... the paint and interior extras are nice, and I know very expensive... but not as important to me as the performance aspect...

Fast40th

The X51 power package when added goes (i believe) for about $15K or so. Here's some links that may be of interest to you: http://www3.us.porsche.com/english/u...el/default.htm and http://www3.us.porsche.com/english/u...rapowerkit.htm

StanSoph

I regret getting rid of my 993, boohoo. I am now searching for a 930 slant nose. Oh, wait this is about the 40th anniversary car. I say a man really needs 2 Porsches; a nice one for nice and one for a play toy. As soon as you sell your car you will regret it, you will try to fill the void with something ( 40th ann) that sounds to me like you are trying to talk yourself into. 993 vs 996 is comparing apples to oranges. Exactly the same but totally different. I had my 993 fully tweaked; the engine had been rebuilt with new heads, cams, pistons, crank, exhaust. I had roughly $25k in the engine alone. The suspension, wheels and interior were the way I wanted them. Silly me; I sold the car because I was bored and wanted a change. Matilda; as she was so affectionately called, was one of a kind. I never thought about losing money when I sold it; I wanted a 996. End of story. I like my 996, it is fast, handles great and is not a handful for my wife. I don't regret buying the 996, I regret selling my 993. Oh the troubles of choice.