It's Time to Change the Dialogue
08-25-2014, 04:31 PM
#1
Instructor
Thread Starter
It's Time to Change the Dialogue
There continues to be misconceptions about long-term 996 values. The 996 is going through the same “market” pains that the early 911’s and 964 went through with their own poor engine design issues. Remember the chain tensioners, exploding air boxes, heat exchangers (THERMAL REACTORS) just that name makes my ********* shrink!, stretched head studs, glued sealants? The list goes on. I’m sure those were as potentially catastrophic to a small percentage of owners as the IMSB is to that < 1% Like the previous 911’s, I believe the protracted period of low values will continue to trend upward as evidence of the IMS fixes keep high mileage cars running, and most important that we start talking about it with the same dialogue of “acceptance” as chain tensioners for example have become with previous generations.
Some may think having to replace the IMS on a newly purchased low mileage 996 seems crazy, but is it any crazier than the cost of dropping the engine to install a $200 air box pop off valve, $1500 chain tensioners, $200 Raceware studs? Those upgrades are accepted practices in the previous generation 911s and it is expected that new owners do those upgrades upon purchase, or see it taken care of by the previous owner. I’ve read posts telling potential buyers to play the odds and wait for the clutch to go out or the AOS to fail before replacing the IMSB. That is BAD ADVICE. It’s time that WE accept that the IMSB should be replaced immediately and the replacement be considered nothing more than a maintenance upgrade.
It’s simple, every recommendation on the purchase of a MKI or II 996s (or a 997) should include mention of the IMS bearing upgrade. I tell others to buy the car they like in the color they like with the mileage and options they like, and if it hasn’t been upgraded upgrade the IMSB now.
As in the past, once the IMS upgrade becomes part of the landscape or dialogue of its clubs, members, community, us, then we’ll see those values start becoming comparable to earlier models.
Once the dialogue shifts, I see a bright future for the 996.
Cheers!
Some may think having to replace the IMS on a newly purchased low mileage 996 seems crazy, but is it any crazier than the cost of dropping the engine to install a $200 air box pop off valve, $1500 chain tensioners, $200 Raceware studs? Those upgrades are accepted practices in the previous generation 911s and it is expected that new owners do those upgrades upon purchase, or see it taken care of by the previous owner. I’ve read posts telling potential buyers to play the odds and wait for the clutch to go out or the AOS to fail before replacing the IMSB. That is BAD ADVICE. It’s time that WE accept that the IMSB should be replaced immediately and the replacement be considered nothing more than a maintenance upgrade.
It’s simple, every recommendation on the purchase of a MKI or II 996s (or a 997) should include mention of the IMS bearing upgrade. I tell others to buy the car they like in the color they like with the mileage and options they like, and if it hasn’t been upgraded upgrade the IMSB now.
As in the past, once the IMS upgrade becomes part of the landscape or dialogue of its clubs, members, community, us, then we’ll see those values start becoming comparable to earlier models.
Once the dialogue shifts, I see a bright future for the 996.
Cheers!
08-25-2014, 05:29 PM
#3
Race Director
The 996 was produced in far greater volumes than other 911 models. This may not stop values from rebounding, but it will definitely have an impact.
Porsche made about 175,000 996's - about 2.5 times the number of 993's made. While this still isn't mass production on a Honda-like scale (something like 16.5 million Civics have been produced over 8 different generations), it does drastically increase the inventory of cars, and more supply generally means lower prices. The dramatic increase in units produced, along with the increase in the number of models being sold (Porsche currently sells 7 different vehicles, targeted at a more diverse array of purchasers than ever before), means that there are a LOT more Porsche vehicles on the road. Scarcity / rarity / exclusivity is one of the factors that drives resale prices higher.
I appreciate that your heart's in the right place, but this thread is a rewarming of points from countless other IMS- and non-IMS-related threads, not a new dialogue.
Porsche made about 175,000 996's - about 2.5 times the number of 993's made. While this still isn't mass production on a Honda-like scale (something like 16.5 million Civics have been produced over 8 different generations), it does drastically increase the inventory of cars, and more supply generally means lower prices. The dramatic increase in units produced, along with the increase in the number of models being sold (Porsche currently sells 7 different vehicles, targeted at a more diverse array of purchasers than ever before), means that there are a LOT more Porsche vehicles on the road. Scarcity / rarity / exclusivity is one of the factors that drives resale prices higher.
I appreciate that your heart's in the right place, but this thread is a rewarming of points from countless other IMS- and non-IMS-related threads, not a new dialogue.
Last edited by 5CHN3LL; 08-25-2014 at 05:44 PM.
08-25-2014, 05:38 PM
#5
Rennlist Member
It was never an issue with me, my 40th just had the L&N kit installed.
Still at the shop, I'll be picking it up tomorrow.
Perfect candidate, 10 yo car, low miles, it just went over 27k.
Still at the shop, I'll be picking it up tomorrow.
Perfect candidate, 10 yo car, low miles, it just went over 27k.
Last edited by Fracture; 08-25-2014 at 08:53 PM.
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08-26-2014, 02:00 AM
#12
Race Director
08-26-2014, 11:01 AM
#15
Rennlist Member
Were just ribbing ya mate. Some of us have been here so long that reopening XXX topic has obviously gotten to us. Nice Kracken reference...
Since your rather new to the forum why not post a few photos of your white 996? I've never seen a white one in our hood.
Since your rather new to the forum why not post a few photos of your white 996? I've never seen a white one in our hood.