LordVicious

I just passed on a '01 TT for $35k, so, yea, "attractive" is a good word

KrazyK

He's right. The NA 996 model is so beaten up right now its depressing (unless your buying). On the other hand, it will cause many potential buyers to move on to a TT or 997. If you own a NA 996, better just keep it or be prepared to take a hit worse than the dot.com stockholders in the 90's.

Cuda911

Well, yes, that's my point completely.... Someone bought what appears to be a solid 911, albeit a lower end model, for only $14k. Typically, at that price level there are either 250k miles on the odo, or there is some sort of major flaw.

??? If something that isn't worth a whole lot to start with drops in value, it's impossible to have a huge loss.

alpine003

Or it's someone that was originally shopping for a used Accord v6 coupe and came upon a great bang for the buck "real" sports car.

wisky

I am in the auto wholesale business and specialize in Porsches. Manual transmission 911's are worth more than their tiptronic counterpart every time, no exceptions. In 964's and 993's, the tiptronic can hurt the value up to $5k, and on 996's and 997's the tips are generally worth $2k -$3k less than what the same car with a stick is worth.

The only exception would be the Porsche Cayenne (which came in manual), and one could debate that a base Boxster in a tip is worth just as much as the 5spd.

You are correct about cars like late model Honda Accords, Carmys, Civics, etc (read: regular cars), they are worth less in manual trim because the majority of buyers do not fancy a manual transmission.

wisky

Agreed. Porsche 996 Turbos are one of the best values in the used Porsche market. You could get a well sorted 2001 with some miles in the mid 30's, and IMHO these cars will hold their values in the low 30's upper 20's for a while, even with higher miles.

KrazyK

Hows it look in the wholesale / auction business for the NA 996? Is it as bad as it seems or just temporary?

wisky

The 2002 - 2004 996's along with the C4S are holding pretty strong, but it seems as if the floor has fallen out on 1999 to 2001's unless they have exceptionally low miles. With early 997's dropping in value, I can not see C2 / C4 996's going up anytime soon if ever. The Porsche 996.2 is a tremendous value for the used sports car market in the $25k range, high mileage examples are available in the high teens.

Here are some recent numbers in case you wanted to see (all data is for C2 coupe), keep in mind some of these cars may be salvage, or sold "red light as is", or just plain old pieces of garbage. I sorted it lowest mileage on top, to highest mileage on bottom.

1999 c2
03/28/13 PA Regular $23,000 13,544 Above BLUE 6G M Yes
06/20/13 PA Lease $17,000 42,915 Avg BLACK 6G A Yes
03/28/13 TAMPA Lease $17,000 51,927 Avg RED 6G 6 Yes
07/26/13 PA Regular $16,700 65,789 Avg GREEN 6G P Yes
02/26/13 GEORGIA Regular $9,100 108,814 Below WHITE 6G 6 Yes
03/12/13 ST LOUIS Regular $12,250 111,649 Avg SILVER 6G 6 Yes


2000 c2
09/13/12 PA Regular $32,000 7,870 Avg SLTGRAY 6G 6 No
01/31/13 TAMPA Regular $19,600 37,507 Avg BLACK 6G 6 No
03/28/13 PA Regular $23,300 42,896 Avg SILV/BLK 6G 6 No
08/04/11 PA Regular $23,200 46,157 Avg SILVER 6G No
10/07/11 PA Regular $13,000 49,015 Avg BLUE 6G No
11/14/12 PALM BCH Regular $22,400 49,484 Avg SILVER 6G 6 No
07/14/11 CHICAGO Regular $22,600 49,925 Avg BLACK 6G 6 No
12/14/11 DALLAS Regular $19,800 50,317 Avg BLUE 6G 6 No
07/19/12 PA Regular $23,400 52,130 Avg SILVER 6G A No
10/04/12 CARIB Lease $7,400 55,988 Avg YELLOW 6G 6 No
06/21/12 ST PETE Regular $19,000 56,220 Avg SILVER 6G A No
11/01/12 PHOENIX Regular $17,000 59,535 Avg BRWN 6G 6 No
09/22/11 RIVRSIDE Regular $19,000 59,572 Avg SLVR 6G A No
11/03/11 RIVRSIDE Regular $19,200 63,341 Avg SLIVER 6G A No
07/07/11 PA Regular $21,800 64,488 Avg BLACK 6G A No
11/03/11 RIVRSIDE Regular $16,500 68,894 Avg SILVER 6G 6 No
07/14/11 RIVRSIDE Lease $18,500 74,139 Avg SILVER 6G 6 No
04/11/12 SF BAY Regular $17,200 74,969 Avg BLUE 6G M No
09/22/11 RIVRSIDE Regular $13,000 76,078 Avg LACK 6G M No
09/28/11 CALIFORN Regular $16,750 76,245 Avg BLACK 6G M No
09/05/12 SF BAY Regular $18,250 76,848 Avg SILVER 6G 6 No
06/19/13 KC Regular $15,800 83,562 Avg SILVER 6G 6 No
11/26/12 NC Regular $15,000 84,620 Avg BURG 6G 6 No
07/14/11 RIVRSIDE Regular $17,450 86,518 Avg 6G A No
01/11/13 PA Regular $13,200 90,125 Avg MAROON 6G No
03/26/13 HOUSTON Regular $16,800 92,255 Avg RED 6G S No
05/31/12 RIVRSIDE Lease $13,500 92,774 Avg SILVER 6G 6 No
02/29/12 SF BAY Regular $16,000 92,897 Avg PURPLE 6G 6 No
04/03/12 RIVRSIDE Lease $12,000 93,574 Avg BLACK 6G A No
09/26/12 NJ Regular $14,000 94,081 Avg Black 6G 6 No
03/02/12 FT LAUD Regular $8,000 94,407 Avg GRAY 6G A No
10/12/11 DENVER Regular $14,800 100,416 Avg RED 6G 6 No
07/08/11 NEVADA Regular $9,500 107,375 Avg SLIVER 6G 6 No
08/03/12 NEVADA Regular $11,300 109,806 Avg BLACK 6G A No
08/02/12 PA Regular $13,500 117,526 Avg WHITE 6G No
02/27/13 CALIFORN Regular $13,500 121,619 Avg BLACK 6G A No
01/09/13 SF BAY Regular $11,500 133,992 Avg SILVER 6G 6 No
01/27/12 PA Regular $10,400 134,350 Avg BLUE 6G No
04/26/12 ATLANTA Regular $10,100 153,192 Avg GRAY 6G 6 No

2001 c2
07/17/13 ATLANTA Regular $21,600 34,535 Above BLUE 6G A Yes
04/18/13 RIVRSIDE Regular $22,750 47,330 Above SILVER 6G A Yes
06/19/13 DENVER Lease $17,100 79,624 Avg BLACK 6G 6 Yes
07/09/13 ORLANDO Lease $16,200 88,516 Avg BLUE 6G 6 Yes
03/21/13 CHICAGO Regular $14,000 122,256 Avg SILVER 6G 6 Yes
02/27/13 CALIFORN Lease $11,000 126,059 Below BLUE 6G 6 Yes

2002 c2
05/30/13 RIVRSIDE Regular $26,750 45,845 Above SILVER 6G 6 Yes
06/05/13 NJ Regular $21,800 67,999 Avg GREY 6G M Yes
07/19/13 NEVADA Regular $16,500 74,346 Avg BLACK 6G 6 Yes
05/08/13 SF BAY Regular $18,000 83,948 Avg BLACK 6G 6 Yes
05/16/13 TX HOBBY Regular $18,750 88,282 Avg BLACK 6G 6 Yes
07/25/13 RIVRSIDE Lease $13,000 131,550 Below BLACK 6G 6 Yes

2003 c2
07/11/13 SO CAL Regular $25,750 37,731 Above BLUE 6G 6 Yes
06/05/13 CALIFORN Regular $22,000 75,887 Avg GRAY 6G 6 Yes
05/23/13 ATLANTA Regular $21,300 80,734 Avg BLACK 6G 6 Yes
06/13/13 RIVRSIDE Regular $20,000 82,071 Avg SILVER 6G A Yes
04/09/13 PORTLAND Regular $21,100 82,661 Avg GRAY 6G 6 Yes
03/27/13 SF BAY Regular $20,000 99,579 Avg SILVER 6G M Yes

2004 c2
07/03/12 CHICAGO Regular $45,230 15,885 Avg Silver 6G M No
09/12/12 SAN ANTO Regular $30,000 18,462 Avg BLUE 6G A No
08/10/12 FT LAUD Regular $35,000 34,420 Avg YELLOW 6G M No
09/11/12 ORLANDO Regular $36,000 34,516 Avg YELLOW 6G 6 No
03/26/13 ORLANDO Regular $32,200 36,175 Avg YELLOW 6G M No
01/30/13 NJ Regular $24,000 40,982 Avg GRAY 6G 6 No
09/20/12 ATLANTA Regular $29,600 41,404 Avg SILVER 6G 6 No
10/11/12 PA Regular $29,200 45,907 Avg GREY 6G 6 No
05/15/13 SAN ANTO Regular $26,600 50,887 Avg BLUE 6G A No
10/10/12 MILWAUKE Regular $26,000 52,640 Avg Silver 6G M No
12/20/12 DFW Lease $22,300 53,898 Avg SILVER 6G 6 No
02/21/13 DFW Regular $27,000 54,173 Avg SILVER 6G 6 No
09/25/12 ORLANDO Regular $31,000 54,944 Avg BLACK 6G M No
10/10/12 LAKELAND Regular $32,500 54,945 Avg NONE NON N No
12/18/12 ORLANDO Regular $27,800 54,957 Avg BLACK 6G 6 No
08/08/12 CALIFORN Regular $28,250 56,168 Avg SILVER 6G M No
08/29/12 NEWORLNS Regular $30,225 58,648 Avg NONE NON N No
10/03/12 NEWORLNS Regular $29,200 59,482 Avg SILVER 6G A No
06/27/12 PALM BCH Regular $24,600 65,538 Avg SILVER 6G 6 No
03/21/13 FRDKBURG Regular $20,400 67,606 Avg BLUE 6G No
01/11/13 NEVADA Regular $23,000 71,119 Avg SILVER 6G 6 No
06/28/12 RIVRSIDE Regular $30,000 79,389 Avg GRAY 6G A No
01/25/13 FT LAUD Regular $19,400 87,235 Avg SILVER 6G A No
03/28/13 PALM BCH Regular $18,800 87,521 Avg GRAY 6G A No
08/16/12 ATLANTA Regular $23,000 88,700 Avg BLACK 6G A No

thepenguin99

I wonder what loon bought the 45k Silver 996. That seems insane for private party much less a wholesale auction even with 16k miles.

Cuda911

Here's another that is about to end at a very fine price (for the buyer).

2002 CS, $26,500, only 17,000 miles!

http://cgi.ebay.com/ebaymotors/996-/...orcev4exp=true