996 vs 993 - will prices meet in the middle?
#46
Former Vendor
I have never, ever lost money on a Porsche. I have never even broken even, I've always made money.
But I seldom sell them...now I just hoard them. Just bought another one yesterday.
But none of mine have radiators....
But I seldom sell them...now I just hoard them. Just bought another one yesterday.
But none of mine have radiators....
#48
Former Vendor
#49
Rennlist Member
Will the prices ever meet in the middle?
http://www.cars.com/vehicledetail/de...5366/overview/
I guess 993 = 996^2
IMHO: The market must be on crack!!!
http://www.cars.com/vehicledetail/de...5366/overview/
I guess 993 = 996^2
IMHO: The market must be on crack!!!
Last edited by Rubik; 05-13-2015 at 12:32 AM.
#51
Nordschleife Master
Will the prices ever meet in the middle?
http://www.cars.com/vehicledetail/de...5366/overview/
I guess 993 = 996^2 IMHO: The market must be on crack!!!
http://www.cars.com/vehicledetail/de...5366/overview/
I guess 993 = 996^2 IMHO: The market must be on crack!!!
#52
Rennlist Member
Thread Starter
The frunk of that car must be filled with crack. It's almost as funny as the na c2 on ebay for $125,000. Of course there are ten times as many that aren't selling for $42k. And then some do...but most don't. Of course the wide bodies and turbos are going for more...and the tips are going for less. But I'm just looking for one car...and it is out there and it will happen sooner than later.
As for 996s...I don't expect them to ever sell for stupid money...but I do expect them to continue the slow climb to a price area that matches their mechanical attributes.
As for 996s...I don't expect them to ever sell for stupid money...but I do expect them to continue the slow climb to a price area that matches their mechanical attributes.
#53
Rennlist Member
Thread Starter
#54
Race Director
#55
Race Director
I agree with you though, have been desperately seeking a good 2.0 for a fair price. It is becoming a unicorn.
P.S. Why does anyone care if Mr. Irish pays $350 for an oil change so that he can ogle the barista? It may well be 350 well spent!
#56
Because it's a foolish decision when you can spend under $70 on materials and DIY and then take the $280 over to your favorite strip joint for a couple private dances or more.
#57
Rennlist Member
#58
Easily the best deal is a 996 because it drives as good or better than the older ones and has such a bad rep along with so many made that it sells for peanuts so is in my opinion the best deal. However it will most likely never be worth much or if that ever changes it will still be many years from now. I would buy the older ones that are already popular for the big money if investment is a goal while you can because they will be even bigger money every year. The 996 is to drive and admire and thats where its value is at. I just sold my old VW for enough to by a pristine 996, kind of crazy isn't it. Last year I sold a motorcycle for over 200000 last year that was 10000 15 years ago!
#59
I've been tracking the 996s also, and have also tracked the older 964 C2s for a while.
In fact, I almost bought a 1993 RS America Roadster w/ 60k for $30k, but friends all said that 993s($50k+ at that time) would hold up and the 964s would not.
Fast forward, and now the 964s have bounced from the teens into the $20-30k+ range, and I bet the RS is now worth $50k.
For me, it's been almost 2 yrs since I got my 996 C4S for $24k w/ 67k miles w/ LOTS of upgrades(I did IMS/new clutch), and I think the market is now $30k+ for that same car.
My guess is that eventually a clean 996 would not stay in the teens, and should move toward $20k+.
Heck, I sold my 1989 Carrera Cab for $22k not thinking it'd move up, and now that's worth $30k+ also.
PL
In fact, I almost bought a 1993 RS America Roadster w/ 60k for $30k, but friends all said that 993s($50k+ at that time) would hold up and the 964s would not.
Fast forward, and now the 964s have bounced from the teens into the $20-30k+ range, and I bet the RS is now worth $50k.
For me, it's been almost 2 yrs since I got my 996 C4S for $24k w/ 67k miles w/ LOTS of upgrades(I did IMS/new clutch), and I think the market is now $30k+ for that same car.
My guess is that eventually a clean 996 would not stay in the teens, and should move toward $20k+.
Heck, I sold my 1989 Carrera Cab for $22k not thinking it'd move up, and now that's worth $30k+ also.
PL
#60
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Join Date: May 2014
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I understand demand/supply and its impact on values but from my personal perspective, I have hard time justifying an old air cooled Porsche. Maybe a nice 993 is different (admit have never driven one) but high values for 964s?? Drove my neighbors 964 and I'm actually helping him sell it as we speak but no matter how hard I try to convince myself to like it, I just can't. It's slow. To me, Porsche needs to feel fast. Not necessarily super-car fast but something that feels like it's moving when you floor it. I think 996 is a great compromise between a raw/old school sports car and a modern driveable vehicle that keeps you warm/cool and can be driven daily. Also, if a car costs you an arm and a leg, you better enjoy driving it. Not saying air cooled Porsches wouldn't be fun to drive but to me fun is a combination of several elements and speed/power is one of the critical ones. I know, just my two cents. Peace.