Jump to content

996 - holding value


Recommended Posts

Its been a while since I have looked at 996 prices. A 2004 996 tip was my first Porsche. Loved it. Owned it for 5 years and then on sold for about $75k with somewhere close to 50,000 kms. That was about 6 years ago. Just saw this ad for what is basically the same car. Its amazing to think you can own a car like this for 6 years, add 40,000kms and only be looking at just over $3000p/a in depreciation. That's pretty amazing value. 

 

http://www.carpoint.com.au/all-cars/private/details.aspx?R=SSE-AD-3315202&Cr=0

 

Link to comment
Share on other sites

  • Replies 110
  • Created
  • Last Reply

Nice colour combo!  Probably towards the top of the price bracket for a tip...

 

They are great value cars.  I think if you really just want to DRIVE a Porsche and enjoy it more than you want to play "how much will my aircooled car go up in the next 24hrs" or "how much will my new 991/997.2 Porsche depreciate in the next 24 months"...then these are hard to beat!

 

Or look at it this way, 12 months depreciation on a new 911is pretty much a FREE 996! 

 

Buy one now at the bottom of the curve...in 10 years they'll be the next generations classic Porsche, and the "last of the real Porsches" before electronic driver aids took over! :)

Link to comment
Share on other sites

go 996!!

993 GT2 recently sold US $1m. Happy to take US$500M for my 996GT2 today!!

But seriously like Trev says a 996 is great buying for a great drive. Serious improvement in all areas over a 993 but much maligned by cracked egg headlights, ims, water cooling (novel idea!). No more rain gutters, better torsional rigidity, better crash performance and way cheaper.

Get on board!

Link to comment
Share on other sites

Buy one now at the bottom of the curve...in 10 years they'll be the next generations classic Porsche, and the "last of the real Porsches" before electronic driver aids took over! :)

This is dreaming big.

Link to comment
Share on other sites

Yeah but with only just under 6000 993 TT world wide they are always going to be "Special" Were as with the 996 C2 with some 80,000 examples wordwide between 98 to 04 they might take a bit longer to get to that rare status, and prices should stay reasonable for a while with a bit of luck  :)

Link to comment
Share on other sites

Yeah but with only just under 6000 993 TT world wide they are always going to be "Special" Were as with the 996 C2 with some 80,000 examples wordwide between 98 to 04 they might take a bit longer to get to that rare status, and prices should stay reasonable for a while with a bit of luck  :)

quite a few 3.2's and sc built and look at their values..

Putting aside the potential growth, I think the point is that you could drop $40-$50k on one of these now and as long as you looked after it, it would probably never devalue that much. Coming from the heady heights of taking 5 year leases out on ridiculously expensive new machinery this is a car lovers dream!

Link to comment
Share on other sites

yep, something went wrong there..Magnus might eventually revive worldwide interest and we will be kicking ourselves that we didn't invest in that $8000 car from years ago car that is now worth $8250..

I 'invested' that in the first service.

Link to comment
Share on other sites

I have been following 996 prices closely for the past 2 years and what I have noticed is tip cabs seem to take a long time to sell if at all, coupes manuals sell quicker than the tips and 4s cars are moving real quick to point where one needs to consider for not much more coin you can get your butt into an early 997. A good example of a 4s 996 with a few extra factory fitted goodies is pretty much on parr with the early 997 and that also seems to be a factor in quick selling cars is all original with factory fitted options.

Link to comment
Share on other sites

As Tazzieman would say, "Rubbish cars" so no one will buy them. (I'm only saying that because I am looking for one and don't want the prices to start going up)

 

Haha, and i'm only telling everyone how great they are because I might want to sell mine!   :ph34r:

Link to comment
Share on other sites

 

 

 

 TrevMcRev, on 29 Apr 2005 said: Buy a 964 now at the bottom of the curve...in 10 years they'll be the next generations classic Porsche.   :)

 

KGB, for a laugh I've tweaked my quote above.  Removed 996, inserted 964 and wound back the date of the comment 10 years.  That comment would have been crazy talk then i'm sure... Back then they were not old enough to cool classics and not new enough to be modern and current.  Stuck in no-mans land...at the bottom of the price curve.  Even only 3-4 ( or less!) years ago it was all about the 993, the 964 was not on peoples radar.

Link to comment
Share on other sites

The numbers are against a huge rise for the 996 for a very long time. However I do agree that they are great motoring if you can get your hands on a reasonably priced manual Coupe.

964 62,172 built

993 69,528 built

996 175,262 built

Link to comment
Share on other sites

Interesting, I always thought there was huge gap in production numbers between 964's and 993's. 

 

Maybe there were significantly fewer 964's sold in Australia than 993's (892 in total I believe) and that's where I got that notion from.

 

Good point about the 996 numbers.

 

Thanks

Link to comment
Share on other sites

With the 996 GT3s, GT2s and Turbos still at what I consider to be rock bottom, those cars will be the ones to go up out of the 996 family (and probably not for 10 years), before the 996 C2s make their way up IMO.

Link to comment
Share on other sites

The numbers are against a huge rise for the 996 for a very long time. However I do agree that they are great motoring if you can get your hands on a reasonably priced manual Coupe.

964 62,172 built

993 69,528 built

996 175,262 built

 

Yeah but subtract all the ones with IMS failure and they might be the rarest 911 of all! :P  :P  :P

Link to comment
Share on other sites

The numbers are against a huge rise for the 996 for a very long time. However I do agree that they are great motoring if you can get your hands on a reasonably priced manual Coupe.

964 62,172 built

993 69,528 built

996 175,262 built

You also need to break it down into generation 1 & 2 versions. There's a visual difference and slightly different engine which will have an effect.

Am I correct in saying that it was the first 911 to have a facelift and engine size increase within the same model number?

Link to comment
Share on other sites

You also need to break it down into generation 1 & 2 versions. There's a visual difference and slightly different engine which will have an effect.

Am I correct in saying that it was the first 911 to have a facelift and engine size increase within the same model number?

they did this with the 997 aswell. Gen 2 997 is a much improved car. 930's had an engine change after the first three years, as did the 964 turbo and I am sure there are many other examples. Porsche seem to have a habit of releasing a 'new model' that infact uses the previous models bits, and then a few years later doing a Gen2. Clever way of expanding the life span of parts I guess

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.


×
×
  • Create New...