Why are 993TTs Worth More?
06-25-2005, 09:19 PM
#16
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It has everything to do with the numbers produced. That’s it. When you can choose hundreds of 996TTs and have only a handful of 993TT to choose from the cost will be higher. They built to many 996TTs and there is less of a demand. They are everywhere. Supply and demand!
06-25-2005, 10:02 PM
#17
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I have no experience w/ this but it does sound like a good way to time the market when supply is at it's greatest: Talking w/ a local p-car shop owner who was looking for a 996tt at the time (this was a couple of months back...not sure if he's picked one up yet). He suggested focus on purschasing 50 months after your ideal car's lot delivery date. Once all the 48 month leases expire a large number of cars will flood the "for sale" supply making it a buyer's market.
06-26-2005, 12:22 AM
#18
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He suggested focus on purschasing 50 months after your ideal car's lot delivery date. Once all the 48 month leases expire a large number of cars will flood the "for sale" supply making it a buyer's market.
I might be able to get a great buy then.
06-27-2005, 05:05 PM
#20
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Originally Posted by the_Wolf
tino -
If I may - the market price for 993TTs has been perpetually high in relation to the 996TT. In other words, long before anyone had even the slightest idea what the next generation 911 would look like (997), the 993TT was still selling for a premium, when compared to the next generation (996) or the previous (forgotten) generation (964) and 930. Why this situation exists is open to just about any interpretation, but I don't think there is any logical basis for arguing that it has the slightest thing to do with the look of the latest generation 911. If anything, one would expect that if this was the case, the price of 993TTs would be dropping, since a newer, more technologically advanced vehicle with the same look (according to you), could be had for roughly the same price as a premium 993TT. This is not the case. Ultimately, a large segment of buyers in the used market for the past several years have an attachment to the nostalgic value of the air-cooled powerplants and they are willing to pay a premium for them. There is a certain emotion evoked by the air-cooled cars and the 993TT represents the pinnacle of that engineering - that is the primary reason for the high relative value. Please enlighten us by expanding your reasoning, for those of us who are failing to see the virtue of your argument.
- John
If I may - the market price for 993TTs has been perpetually high in relation to the 996TT. In other words, long before anyone had even the slightest idea what the next generation 911 would look like (997), the 993TT was still selling for a premium, when compared to the next generation (996) or the previous (forgotten) generation (964) and 930. Why this situation exists is open to just about any interpretation, but I don't think there is any logical basis for arguing that it has the slightest thing to do with the look of the latest generation 911. If anything, one would expect that if this was the case, the price of 993TTs would be dropping, since a newer, more technologically advanced vehicle with the same look (according to you), could be had for roughly the same price as a premium 993TT. This is not the case. Ultimately, a large segment of buyers in the used market for the past several years have an attachment to the nostalgic value of the air-cooled powerplants and they are willing to pay a premium for them. There is a certain emotion evoked by the air-cooled cars and the 993TT represents the pinnacle of that engineering - that is the primary reason for the high relative value. Please enlighten us by expanding your reasoning, for those of us who are failing to see the virtue of your argument.
- John
Soltino......can you help me with your comment......."please expand on why you think that a ten year old car looking like a new car reduces the old car's value"........I didn't understand it the 1st time and still do not.
06-27-2005, 07:30 PM
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#'s, #'s, #'s. I looked for a long time for a Ocean Blue 993tt and couldnt find one. A fellow rennlister
who posts regularily looked for about 1 year for a speed yellow 993tt. They can be hard to find!!
Now put out your feelers for a 996tt of a specific exterior color... no problem hundreds to choose
from. I do not think that 993tt is better, just different and definitely more unique. I ended up settling
on Polar Silver and love it. How many 993tt's do you think are for sale in the Midwest (mpls, mn and
chicago, il) every sunday ??? roughly none.
who posts regularily looked for about 1 year for a speed yellow 993tt. They can be hard to find!!
Now put out your feelers for a 996tt of a specific exterior color... no problem hundreds to choose
from. I do not think that 993tt is better, just different and definitely more unique. I ended up settling
on Polar Silver and love it. How many 993tt's do you think are for sale in the Midwest (mpls, mn and
chicago, il) every sunday ??? roughly none.
06-27-2005, 08:02 PM
#22
Originally Posted by GreggT
Well said John.
Soltino......can you help me with your comment......."please expand on why you think that a ten year old car looking like a new car reduces the old car's value"........I didn't understand it the 1st time and still do not.
Soltino......can you help me with your comment......."please expand on why you think that a ten year old car looking like a new car reduces the old car's value"........I didn't understand it the 1st time and still do not.
Don't know how i can help when the comment is so straigt-forward, but i'll try.
Do you believe that if the 997 Turbo were to look exactly like the 993 Turbo that that fact would reduce the value of the 993 Turbo?
Please explain your answer.
Someone posted to the effect that the value would actually go down on the old Turbo.
Please explain that, if you agree.
tino
06-27-2005, 09:40 PM
#23
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The introduction of the 997TT may have an affect on 993TT value because the 993 will now be two model years removed but looks will not have any affect on value.
07-12-2005, 12:57 AM
#25
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Originally Posted by KJM3SMG
996TT rocks.. 993 interior and yes exterior (although nice) looks old.
I find mostly older (no offense :P ) drivers and purists prefer the 993T over 996TT. I love my 99TT and it feels much more of a modern car.
I find mostly older (no offense :P ) drivers and purists prefer the 993T over 996TT. I love my 99TT and it feels much more of a modern car.
993 doesn't have this problem.
01-11-2007, 12:33 AM
#26
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I had a 993 C4S and am buying a 996TT this weekend.
Pricing is just too good.
On looks, I like the 996. The 993 had that sound, that smell...but the 996 is safer and faster, and likely more reliable (cheaper to maintain over time). I will only get a GT1 based engine car... The QC on all the normal 996 and 997 cars just upsets me.
I looked at 993tt's and there are a few out there for 60k or so..with a lot of track/road miles....I loved the hips though...wow.
JB
Pricing is just too good.
On looks, I like the 996. The 993 had that sound, that smell...but the 996 is safer and faster, and likely more reliable (cheaper to maintain over time). I will only get a GT1 based engine car... The QC on all the normal 996 and 997 cars just upsets me.
I looked at 993tt's and there are a few out there for 60k or so..with a lot of track/road miles....I loved the hips though...wow.
JB
01-11-2007, 01:25 AM
#27
Race Director
This may only be my personal ignorance. When I first started paying attention to Porsches (circa 2001), Boxsters were all over the place. from the front, I could not tell the regular 996 apart from the Boxster. Similarly with the 996tt. I first focued on the large air intakes. Then I saw Boxsters with similar intakes (body kits) as well. 
I just can't get over the fact that for another $70k or so, Porsche cannot (would not) get the 996tt to look different than the Boxster. Just for that reason alone, I can't see myself plunking down $$$$$ for the 996tt.
I think in the final analysis, it is the production numbers. There's easily 10 times more 996tts for sale than 993tts.
Just my 2 cents.
CP
I just can't get over the fact that for another $70k or so, Porsche cannot (would not) get the 996tt to look different than the Boxster. Just for that reason alone, I can't see myself plunking down $$$$$ for the 996tt.
I think in the final analysis, it is the production numbers. There's easily 10 times more 996tts for sale than 993tts.
Just my 2 cents.
CP
01-11-2007, 09:11 AM
#28
Burning Brakes
I have had both the 993 tt for 3 years and 30,000 miles and my current 996 tt for almost 5 years and I would never go back to the 993. You can make the 996 as raw and visceral as you want with exhaust, suspension and engine tuning. It is the ultimate turbo!
01-11-2007, 01:56 PM
#30
Nordschleife Master
I generally take a peek at the Sunday L.A. Times classifieds... they usually have about 4 columns of Porsche cars for sale... most are Boxsters and Cayennes. There are very, very few air-cooled cars advertised there any more, and I haven't seen a 993TT in a very long time. There are dozens of 996s and 997s advertised, and usually 6 or 7 996TTs available. I know this is a very small sample, but this data looks like its a supply/demand issue... the air cooled cars are becoming harder to find, and scarce models like the 993TT are especially hard to find.
I have zero issues with the 996TT... a fine car, GREAT to upgrade, and an absolute bargain and likely to continue to drop.
I have zero issues with the 996TT... a fine car, GREAT to upgrade, and an absolute bargain and likely to continue to drop.