996/997 Cup Car resale value in the future
#1
Drifting
Thread Starter
996/997 Cup Car resale value in the future
What do you guys think.
Since it seems that every Porsche that gets over a certain age is sold as if it is built out of solid gold (check 964 and 993 street car prices, or even their cup equivalents), do you think the same will hold true for the 996 Cup in the (not so near) future?
What about the 997? Anyone think these will also appreciate in due time (maybe 20 times from now?) or did they simply make too many of them?
Since it seems that every Porsche that gets over a certain age is sold as if it is built out of solid gold (check 964 and 993 street car prices, or even their cup equivalents), do you think the same will hold true for the 996 Cup in the (not so near) future?
What about the 997? Anyone think these will also appreciate in due time (maybe 20 times from now?) or did they simply make too many of them?
#2
Rennlist Member
There were a lot of long hood 911's built too, but the price seems to keep going up on those too these days.
I think that they price will go up as the numbers drop. I think that the numbers will continue to drop as racers diminish the numbers through incidents.
Thanks
Ed
I think that they price will go up as the numbers drop. I think that the numbers will continue to drop as racers diminish the numbers through incidents.
Thanks
Ed
#3
Rennlist Member
996 Cup is the future classic in my mind.
Approximately 100 made per year over 5 years = a total of roughly 500.
Try to find them and you'll be surprised how few are being offered.
The 997 Cup had approximately 235 cars made over almost 9 years = a total of roughly 2000.
(Porsche officially claims to have produced more then 2200 997 Cup cars)
996 Cup is also easier to run and maintain and already now:
The 996 Cup is allowed in many FiA classic race series. That will increase the demand again.
I am going to compete in a classic championship this year, with a special 996 Cup class with already 13 entrees !!!
Advice is to keep it all original and not modify it with RSR look a like fenders / wings and/or 3.8 engine conversions.
997 Cup will go the same route thereafter but it will take more time before the supply has dried out.
996 cup is also much more suitable for the beginning, drivers where the 997 Cup requires more skills and support.
For that reason i also believe there is a higher, broader demand for the 996 Cup cars that allow more people to take it out for a track day compared to the 997 Cup. The more complex and expensive to run (think RSR) the smaller the niche market is i think.
So keep and cherish your 996 Cups and if you can lay your hands on a nice and clean 997 Cup, this is the time to buy them i think. 997 Cup GenI will not really get cheaper anymore i think.
Approximately 100 made per year over 5 years = a total of roughly 500.
Try to find them and you'll be surprised how few are being offered.
The 997 Cup had approximately 235 cars made over almost 9 years = a total of roughly 2000.
(Porsche officially claims to have produced more then 2200 997 Cup cars)
996 Cup is also easier to run and maintain and already now:
The 996 Cup is allowed in many FiA classic race series. That will increase the demand again.
I am going to compete in a classic championship this year, with a special 996 Cup class with already 13 entrees !!!
Advice is to keep it all original and not modify it with RSR look a like fenders / wings and/or 3.8 engine conversions.
997 Cup will go the same route thereafter but it will take more time before the supply has dried out.
996 cup is also much more suitable for the beginning, drivers where the 997 Cup requires more skills and support.
For that reason i also believe there is a higher, broader demand for the 996 Cup cars that allow more people to take it out for a track day compared to the 997 Cup. The more complex and expensive to run (think RSR) the smaller the niche market is i think.
So keep and cherish your 996 Cups and if you can lay your hands on a nice and clean 997 Cup, this is the time to buy them i think. 997 Cup GenI will not really get cheaper anymore i think.
#4
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IMO
996 Cups will be decent because of low production numbers, manual tranny and soon to be historic eligible. They are relatively cheap to buy in the Cup world.
Not hard to take a 996 cup out for a track day however tubs are scarce for those who want to race them competitively...
997 Cup will be interesting to watch. With the help of aftermarket ABS and Paddle shift, these cars have become quite user friendly and thus have enjoyed a good shelf life. Tubs are still available (for now) and the body is easier to repair then the 991. With over 2000 built, lots of spares exist and shared development practices.
991 Cup will be an interesting animal. Really depends on what the replacement engine will be in the 991.2 Cup and how easy/hard it is to live with financially. For now, the 991 Cup is the last of mezger cups... other then being a little tricky to body repair, it is the fastest of all the Mezger powered Cups and rebuildable as such.
(If the 991.2 Cup has a new engine that cost more to rebuild or replace etc then it will be interesting to see what happens to the values of 997 and 991 mezger cups..)
964 and 993 Cup values have increased significantly in recent years. I am not sure if anybody really races them anymore but they indeed make for a fun open lapping day car. Something I think the 996 and 997 cup might not be in time once they are retired?
thoughts?
996 Cups will be decent because of low production numbers, manual tranny and soon to be historic eligible. They are relatively cheap to buy in the Cup world.
Not hard to take a 996 cup out for a track day however tubs are scarce for those who want to race them competitively...
997 Cup will be interesting to watch. With the help of aftermarket ABS and Paddle shift, these cars have become quite user friendly and thus have enjoyed a good shelf life. Tubs are still available (for now) and the body is easier to repair then the 991. With over 2000 built, lots of spares exist and shared development practices.
991 Cup will be an interesting animal. Really depends on what the replacement engine will be in the 991.2 Cup and how easy/hard it is to live with financially. For now, the 991 Cup is the last of mezger cups... other then being a little tricky to body repair, it is the fastest of all the Mezger powered Cups and rebuildable as such.
(If the 991.2 Cup has a new engine that cost more to rebuild or replace etc then it will be interesting to see what happens to the values of 997 and 991 mezger cups..)
964 and 993 Cup values have increased significantly in recent years. I am not sure if anybody really races them anymore but they indeed make for a fun open lapping day car. Something I think the 996 and 997 cup might not be in time once they are retired?
thoughts?
#5
Rennlist Member
6 Cup production's not as low as I once thought.
Model Year | Production Count
98 | 29
99 | 81
00 | 71
01 | 114
02 | 200
03 | 200
04 | 0
05 | 90
Total | 785
That's before counting the 66 GT3R's of '00.
Compare that to 130 (964) and 240 (993) the pricing starts to make sense.
I'm tempted to pick up a 6 cup because they're just honest race cars which can't get much cheaper. Feels fit and proper. One just cannot not get more car for the same money.
7s? Go for the R or RSR's. I'm prepared to talk down my book and predict more pain before our 7's find a bottom.
Model Year | Production Count
98 | 29
99 | 81
00 | 71
01 | 114
02 | 200
03 | 200
04 | 0
05 | 90
Total | 785
That's before counting the 66 GT3R's of '00.
Compare that to 130 (964) and 240 (993) the pricing starts to make sense.
I'm tempted to pick up a 6 cup because they're just honest race cars which can't get much cheaper. Feels fit and proper. One just cannot not get more car for the same money.
7s? Go for the R or RSR's. I'm prepared to talk down my book and predict more pain before our 7's find a bottom.
#7
Three Wheelin'
time works the the benefit of special 997s and 996s. demand and supply. the 996s are beloved. and supply is low. 997s are beloved but there a lot. i think they'll ultimately stop declining and might head higher. hard to imagine one getting a more capable, safe car than a 2009 997 cup or a 2010->2012 cup in that 80 to 115 range respectively. the 997 RSRs and Rs i think will be far more collectible and have far more premium added to them due to their rarity. the demand is super high, everyone would love to have an R or RSR. and the supply is super low. just like 9 or so of the 2012 RSRs built and like 2? in this country. the Rs, i think like 47 of them total, and only like 4 in this country. like people covet 993s and 964s, if you want one of the more collectible 997s and love that body style and those motors , and you want an RSR or R
Last edited by spg993tt; 01-16-2015 at 05:28 PM.
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#8
Rennlist Member
996 Cup is the future classic in my mind.
Approximately 100 made per year over 5 years = a total of roughly 500.
Try to find them and you'll be surprised how few are being offered.
The 997 Cup had approximately 235 cars made over almost 9 years = a total of roughly 2000.
(Porsche officially claims to have produced more then 2200 997 Cup cars)
996 Cup is also easier to run and maintain and already now:
The 996 Cup is allowed in many FiA classic race series. That will increase the demand again.
I am going to compete in a classic championship this year, with a special 996 Cup class with already 13 entrees !!!
Advice is to keep it all original and not modify it with RSR look a like fenders / wings and/or 3.8 engine conversions.
997 Cup will go the same route thereafter but it will take more time before the supply has dried out.
996 cup is also much more suitable for the beginning, drivers where the 997 Cup requires more skills and support.
For that reason i also believe there is a higher, broader demand for the 996 Cup cars that allow more people to take it out for a track day compared to the 997 Cup. The more complex and expensive to run (think RSR) the smaller the niche market is i think.
So keep and cherish your 996 Cups and if you can lay your hands on a nice and clean 997 Cup, this is the time to buy them i think. 997 Cup GenI will not really get cheaper anymore i think.
Approximately 100 made per year over 5 years = a total of roughly 500.
Try to find them and you'll be surprised how few are being offered.
The 997 Cup had approximately 235 cars made over almost 9 years = a total of roughly 2000.
(Porsche officially claims to have produced more then 2200 997 Cup cars)
996 Cup is also easier to run and maintain and already now:
The 996 Cup is allowed in many FiA classic race series. That will increase the demand again.
I am going to compete in a classic championship this year, with a special 996 Cup class with already 13 entrees !!!
Advice is to keep it all original and not modify it with RSR look a like fenders / wings and/or 3.8 engine conversions.
997 Cup will go the same route thereafter but it will take more time before the supply has dried out.
996 cup is also much more suitable for the beginning, drivers where the 997 Cup requires more skills and support.
For that reason i also believe there is a higher, broader demand for the 996 Cup cars that allow more people to take it out for a track day compared to the 997 Cup. The more complex and expensive to run (think RSR) the smaller the niche market is i think.
So keep and cherish your 996 Cups and if you can lay your hands on a nice and clean 997 Cup, this is the time to buy them i think. 997 Cup GenI will not really get cheaper anymore i think.
#9
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Ask a guy like Alan Benjamin or Alex Welch, guys who have very impressive Porsche race car collections and they will tell you this....
Value is in the number of cars produced but more importantly it's about its respective race history.....LeMans, Daytona, Sebring.....
Value is in the number of cars produced but more importantly it's about its respective race history.....LeMans, Daytona, Sebring.....
__________________
James F. Sofronas | President & Owner
Global Motorsports Group ™
E: james@gmgracing.com
P: +1 (714) 432-1582
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James F. Sofronas | President & Owner
Global Motorsports Group ™
E: james@gmgracing.com
P: +1 (714) 432-1582
F: +1 (714) 432-1590
A: 3210 South Shannon Street, Santa Ana, California 92704
W: gmgracing.com
#11
Burning Brakes
#12
Drifting
Interesting perspectives regarding future values. I had a 996 Cup and loved it, sold it for what I believe was a good price. Purchased a 997.1 and like it even more than the 996.
#13
Rennlist Member
Can anyone name a Porsche factory built race car that has not gone up in value considerably that is over 25 years old.
I really love my 2004 cup car and wish I could keep it as I am moving to a 997 cup, but I do not have enough money or space to keep it.
#15
Rennlist Member
6 Cup production's not as low as I once thought.
Model Year | Production Count
98 | 29
99 | 81
00 | 71
01 | 114
02 | 200
03 | 200
04 | 0
05 | 90
Total | 785
That's before counting the 66 GT3R's of '00.
Compare that to 130 (964) and 240 (993) the pricing starts to make sense.
I'm tempted to pick up a 6 cup because they're just honest race cars which can't get much cheaper. Feels fit and proper. One just cannot not get more car for the same money.
7s? Go for the R or RSR's. I'm prepared to talk down my book and predict more pain before our 7's find a bottom.
Model Year | Production Count
98 | 29
99 | 81
00 | 71
01 | 114
02 | 200
03 | 200
04 | 0
05 | 90
Total | 785
That's before counting the 66 GT3R's of '00.
Compare that to 130 (964) and 240 (993) the pricing starts to make sense.
I'm tempted to pick up a 6 cup because they're just honest race cars which can't get much cheaper. Feels fit and proper. One just cannot not get more car for the same money.
7s? Go for the R or RSR's. I'm prepared to talk down my book and predict more pain before our 7's find a bottom.
1990 50
1991 120
1992 112 + 45 US Carrera 2 Cups
1993 15
So 297 euro versions + 45 US 964 cups = 342 Total 964 Carrera 2 Cup
BTW Both 04 and 05 Vin # cups where made in 2004, in 2005 they began production of the Gen.1 997 cup
Bob