How Common are they - 986, 996, 987, 997...?
#1
How Common are they - 986, 996, 987, 997...?
...Man, these cars are more common than BMWs!
Gone are the days when seeing any Porsche was a joy to behold. Now they are more common than regular daily drivers like Jags, BMWs, Fords, Volvo, Nissan, Toyota...etc. Really kills market value and that 'special' feel.
993 on the other hand are not as common and in most cases hold their value better than 996...call it change...more like common as muck!
Sorry to offend above owner drivers...
Gone are the days when seeing any Porsche was a joy to behold. Now they are more common than regular daily drivers like Jags, BMWs, Fords, Volvo, Nissan, Toyota...etc. Really kills market value and that 'special' feel.
993 on the other hand are not as common and in most cases hold their value better than 996...call it change...more like common as muck!
Sorry to offend above owner drivers...
#4
Well, try City of London...I work in Docklands and our car park is 40% Porsche - 986, 987, 996, 997 and Cayenne.
My journey to work is even worse...seems like Porsche have cracked the mass production nut and I hope they continue to be 'profitable' BUT the 2nd hand market is being killed with too many product updates meaning 'every man and his misses' wants 'THE LATEST' Porsche model thus the 2nd hand market is over supplied...Surely this cannot be sustainable forever.
My journey to work is even worse...seems like Porsche have cracked the mass production nut and I hope they continue to be 'profitable' BUT the 2nd hand market is being killed with too many product updates meaning 'every man and his misses' wants 'THE LATEST' Porsche model thus the 2nd hand market is over supplied...Surely this cannot be sustainable forever.
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#9
Well, first of all you've made a gross exaggeration. Obviously Porsches are not nearly as common as anything you've listed.
Second of all, the Carrera is in the top 10 of current resale according to one of the popular surveys.
And finally, their popularity has nothing to do with your perceived poor resale value. The fact is that current Porsches are no longer tempermental, high maintenance, uncomfortable machines that are best suited for weekend use. Nor are they as overpriced as they once were for what you get (adjusted for inflation). This has made the Porsche models you listed usable as daily drivers, and as such they are well used, and there are now similar vehicles available from BMW, MB, etc. This requires more frequent updating of Porsche models at competitive pricing, which is what keeps resale from being as high as it once was. When there were no significant changes in the model line over a five year period, cars kept for weekend use, and steeply escalating prices due to the weak dollar back in the 1980s, resale values were high. (Same could be said for other German marques...infrequent model changes and rising prices kept MB and BMW resale high, but competitive pressure came from the Japanese in the 1990s.)
Yes, costs have been cut in more recent times across all German brands due to said competition...gone are the days that an MB or 911 would run 300,000 miles without major work. This is one reason why the 993s have held their value better than the 996...it's the last of the iconic air-cooled and over-built old-school Porsches, while the newer early 996s have inferior build quality with similar performance. It has evolved into the 997, which is now a worth successor to the 993...and its popularity can be seen in sales figures. It may not have the ultimate longetivity of the 993, but maintenance costs are lower, and in today's lease-happy society, that's what matters to buyers.
Lucky for you that there are hundreds of thousands of old 911s out there, so you can go buy one and not waste your time on internet boards insulting those that enjoy their more modern Porsches.
Second of all, the Carrera is in the top 10 of current resale according to one of the popular surveys.
And finally, their popularity has nothing to do with your perceived poor resale value. The fact is that current Porsches are no longer tempermental, high maintenance, uncomfortable machines that are best suited for weekend use. Nor are they as overpriced as they once were for what you get (adjusted for inflation). This has made the Porsche models you listed usable as daily drivers, and as such they are well used, and there are now similar vehicles available from BMW, MB, etc. This requires more frequent updating of Porsche models at competitive pricing, which is what keeps resale from being as high as it once was. When there were no significant changes in the model line over a five year period, cars kept for weekend use, and steeply escalating prices due to the weak dollar back in the 1980s, resale values were high. (Same could be said for other German marques...infrequent model changes and rising prices kept MB and BMW resale high, but competitive pressure came from the Japanese in the 1990s.)
Yes, costs have been cut in more recent times across all German brands due to said competition...gone are the days that an MB or 911 would run 300,000 miles without major work. This is one reason why the 993s have held their value better than the 996...it's the last of the iconic air-cooled and over-built old-school Porsches, while the newer early 996s have inferior build quality with similar performance. It has evolved into the 997, which is now a worth successor to the 993...and its popularity can be seen in sales figures. It may not have the ultimate longetivity of the 993, but maintenance costs are lower, and in today's lease-happy society, that's what matters to buyers.
Lucky for you that there are hundreds of thousands of old 911s out there, so you can go buy one and not waste your time on internet boards insulting those that enjoy their more modern Porsches.
#11
There is always one...and on this occasion it is you, Alan Smithee...!
Ah well, apologise if you fell insulted Alan Smithee BUT the fact remains...986, 987 996, 997 and Cayenne are now more common than mostly daily drivers and that is a shame...
Ah well, apologise if you fell insulted Alan Smithee BUT the fact remains...986, 987 996, 997 and Cayenne are now more common than mostly daily drivers and that is a shame...
#12
I couldn't care less what you think, and am not at all insulted...I've had 911s of all generations, and they all have their positive and negative traits. I responded in an attempt to educate, but now I understand that you are just a troll looking for reactions. Pardon me for giving you the benefit of the doubt. Seek help.
#13
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Originally Posted by 996CAB
There is always one...and on this occasion it is you, Alan Smithee...!
Ah well, apologise if you fell insulted Alan Smithee BUT the fact remains...986, 987 996, 997 and Cayenne are now more common than mostly daily drivers and that is a shame...
Ah well, apologise if you fell insulted Alan Smithee BUT the fact remains...986, 987 996, 997 and Cayenne are now more common than mostly daily drivers and that is a shame...
in fact, i hope one day porsche becomes super ubiquitous b/c i feel that EVERY car enthusiast should be able to enjoy the joy of driving a porsche.
i see about 10 p cars every day just driving out from my neighborhood. and with each one, i get a big smile. i wish i can see 10,000 of them each day to make myself happy as can be.
#14
Originally Posted by Alan Smithee
I couldn't care less what you think, and am not at all insulted...I've had 911s of all generations, and they all have their positive and negative traits. I responded in an attempt to educate, but now I understand that you are just a troll looking for reactions. Pardon me for giving you the benefit of the doubt. Seek help.
The fact is since all the models look alike whether they be 986, 996, 997, 987 the S the 4S the GT3, GT2 and on and on it is understandable people think they are plentiful. Living in LA you must see more Porsche's than Corvette's.
It still is a terrific sport car but it is produced by the GM of the sport car manufacturer's.
BTW Porsche depreciation is horrendous. Once you drive off the showroom floor your looking at at least a $10,000 hit. However, it will stabilize after a few years of ownership.
#15
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From: san francisco
Originally Posted by Nick
The fact is since all the models look alike whether they be 986, 996, 997, 987 the S the 4S the GT3, GT2 and on and on it is understandable people think they are plentiful. Living in LA you must see more Porsche's than Corvette's.
my take is that the more common the car the better it is for owners to enjoy them. when i blow up my gt3 motor it will take 15k rebuild and maybe 2-3 months. when i blow up my lowly cayman motor, i will just buy another motor for less money and have it running in 48 hours. in that sense cayman is far superior than gt3 or cgt for that matter. anytime the car is not being driven, it's not being enjoyed.