Hey all! I'm about to purchase a 2002 996 cab with around 45k miles. I'm interested in what you thoughts are on what this car will be worth in about 4 years with 80-90k miles.

Thanks!

 

Snarky Answer: If you're buying a 996 as an investment vehicle, I have a few Pontiac Aztecs I'd like to sell you.

Slightly more serious answer: It's a Porsche, which translates from German to roughly "beautiful bank account torturer". Even if the value stays the same 4 years down the road, you're not coming out ahead on one of these.

One step closer to a serious answer: Personally, I think the market is pretty much bottomed out on 996s at this point and I don't think the values will drop much more than where they are now. However, a car with 50k more miles on it is definitely going to be worth less than it was when you bought, but it's not going to be worth only its weight in metal if you take care of it.

 

Probably will lose about $5,000 in value. It will be the best money you ever spent.

 

easy to buy harder to sell, now and forever

 

Thanks for the answers guys. I think the Captain had the right attitude.

I'm not buying for investment. If I wanted to do that, I would buy an early 80's. I am looking for something that has more or less bottomed out. I know there will be maintenance costs that are way more than most cars.

Truth is that I really want a sports car again. I had a G35 years ago and it was a blast. Then I wound up with a huge commute so I bought a Jetta TDI. Commute is back to normal, so I'm looking for something that can be a "reliable" daily driver. They guys I work with that have 996s say they are some of the most reliable cars around. One guy has 250k on a 99 or 2000, and I believe he has only followed the maintenance schedule.

Thanks guys, looking forward to joining in the fun.

Jason

 

Read through lots of the posts here and you will see that there is alot of scare mongering that has helped in destroying the value of 996's. My feeling is that in time, that will subside, (failures more prone in lower mileage, and lots of enthusiasts preemptively replacing IMS), thus if you have a well maintained example, it is to your benefit... Porsche has been an iconic automobile name for over 50 years, and the 911 being the pinnacle, so I don't think that is going away... even if the 996 is considered the "entry level" 911.

Also... if you lease a base Jetta TDI for $300/month, you will pay $14,500 over 4 years with nothing at the end to show for it... you can get a stripper 996 for almost that same price and even if the engine blows you can probably get $5k for it.

 

Considering that other 928 owners are circling this forum should tell you that the prices are now low enough that they will start buying them soom. When this happens the 996 community will become a real DIY cowd. Those that had them will move over to the newer model and the cycle begins.

 

Bought my 2004 40th AE from out of state in 2010 at a very fair price w/ 34k miles 3+ years later I am about to hit 70k miles and I could probably get same price locally or maybe even slightly more for it.

Not that I would but just saying

 

If you like it, it will be worth far more to you in 4 years than it will be to the used car market. I bought my 996 to keep long-term. If I knew I was likely to turn it over in a few years, I probably would have gone with something else. It's impossible to guess where 996 values will be in 4 months, let alone 4 years.

 

I bought mine as an investment in me. I'm 60 and retired - my plate says it all ITSIT.

 

Here's your answer:

 

One THOUSAND dollars! (pinky up)

 

Also 944 forum. Think I saw a post here on the forum the other day, starting with "Me and my dad just bought this 996..."

 

Yeah then we really won't have too many topics on stuff like what colors to paint calipers or how to remove the intake but rather, what kind of lift and duration should I spec for my cam regrind to go along with my ported heads.

 

Small price to pay for something that makes your morning commute a treat. I look forward each day to my drive......I hope this doesn't mean I'm too passionate about my car.