993 prices

[38F3E1]

Fantastic work Maurice.

There are some interesting totals for the Varioram cars

[FONT=courier new"]Model Manual Tiptronic Total %
[FONT=courier new"] [FONT=courier new"]Targa 333 199 532 27.2[FONT=courier new"]Carrera 279 75 354 18.1[FONT=courier new"]Carrera 2S 251 93 344 17.6[FONT=courier new"]Carrera 4 274 274 14.0[FONT=courier new"]Carrera Cabriolet 129 68 197 10.1[FONT=courier new"]Carrera 4S 181 181 9.2[FONT=courier new"]Carrera 4 Cabriolet 75 75 3.8 Ian. PS these figures seem to show the four wheel drives were never available with Tiptronic. Is that correct?

 

[Guest]

ORIGINAL: MoC2S


To my mind the S is desirable because it appeared very late in the series, there weren't all that many

That's certainly the impression one gets. But according to Ian's totals there were only a hundred or so more Ss than C2s/C4s, and only a few short of the Targa total. Must be mainly 'fine Sunday' cars. []

 

[Guest]

ORIGINAL: std70040

there were only a hundred or so more Ss than C2s/C4s

Sorry, that's the wrong way round.

 

[38F3E1]

My figures were only for Varioram cars and was useful to comfirm my thoughts that if you want a Varioram car they were all made if pretty similar numbers. So if you want a Varioram Coupe they are as rare as 2Ss and rarer than Targas. This is born out by the for sale adverts you see.

If you want a pre Varioram car its a different matter as only the normal 2 and 4 were made.

Ian.

 

[Muzzer911]

ORIGINAL: oceancarrera

Dealers will be able to sit on a 993 for the next 6 months with no drop in value. So they'll wait for the first "I gotta have the last air-cooled/it's my first 911"-buyer who will pay their premium.

For a private sale, I wouldn't pay more than £30k for a 60-70k C2S unless it's had a new clutch, new suspension, and is in the midnight/ocean blue. If it's a W-chassis, then it could potentially command a £1k premium if the buyer genuinely wants the "last of the air-cooled". If it has the black leather sports seats instead of the common marble grey leather, I'd be willing to pay an extra £1k on top.

Wasnt there a famous purchaser of the last ever 993 to rolll off the production line? and what type of 993 was it?

I thing its Jay leno

 

[38F3E1]

It was Jerry Seinfeld. And legend has it it was a 1998 993 Speedster, the only 993 Speedster ever built, but I don't think that is true. I recall it was a Carrera 4S. It was defiantely the last ever 993 to roll of the production line (Tuesday, March 31st 1998).

Ian.

 

[38F3E1]

And I believe he owns first 911 ever produced as well.

 

[burrow01]

Last air-cooled details are >HERE<

Pete

 

[Porker993]

996/997 prices certainly seem to be taking a hit, witness the general gloom on trade in values over on the 997 forum. 993 prices ? Hard to say. There are not that many on the market, and prices are closely linked to mileage and condition, so fluctuate widely. You can pay sub £16k for a cat D up to £50k plus for a mint TT.

 

[Dylan1]

it seems 993 prices generally have softened a bit,but nowhere as bad a hit as the 997/987/996 model.it does seem poss to pick up lowish mileage good condition 993`s for mid-high twenties which wouldve been 30+a few months ago

 

[Coopes]

Yeah the 996 prices have taken a massive hit. There is a 996 Carrera 2 for sale on autotrader for under 14k. This could be frowned upon of Porsche being of its own success. They have made the units and increased there profits 10 fold if not more. The future is not bright!!

 

[Guest]

Obviously those wishing to buy will be trying to use any bit of 'negative media coverage' to talk prices down as much as possible, but I think 'good' condition cars shouldn't suffer that much as there is always a shortage... not making any more after all

I'd rather hold onto mine than sell it at a deflated price, errr, well actually I'd just rather hold onto mine

I'd make a wild guess / sweeping statement, and say that most 993 owners probably own their cars rather than have them on finance, so won't need to sell them to cover other bills if things get worse, hence there wont be a rush to the market..
Less cars available means steady residuals... Well thats my theory anyway

And more expensive fuel, means I value every mile more

 

[Incept]

Hi,

If you check out the prices being asked by retailers for 993 2s models in the Autocar, prices don't seem to have moved at all since I got mine 2 1/2 years ago.

Of course condition and rarity will always play a greater part in values when times are hard. Just more reasons to spend our weekends caring for our prized possessions!!

Cheers,

Chris

 

[Mark Elder]

There certainly don't seem to be any more 993s around to buy than there were 2-3 years ago (indeed, my percention is fewer cars now).

I suppose that is good for me [] (although, as already stated above, I can't imagine why I'd ever sell mine...)

 

[Dylan1]

check out the prices being asked by retailers for 993 2s models in the Autocar, prices don't seem to have moved at all since I got mine 2 1/2 years ago.


whilst 20-30k cars still seem around the same maybe,the higher priced ones seem to have vanished so i still think there is some softening(tho not as much as 996/7`s for the reasons prev mentioned)IMO of course

 

[jdpef356]

I guess if you were looking for a Porsche car the current climate now would be the time to do so. Although if you are looking for a 993 it would appear that no more than usual are on the market. Of these few how many having made the intro phone call would you travel to view? In my case not many. On the general Porsche front trying telling an early 911 owner that his car is going south in the value stakes and he will laugh - and the 356 guys would be on the floor laughing.
Thats why when looking for a car its always wise to find something thats a bit special. ie Last in line 993 - then look for LE within models.

 

[Mark Elder]

...and..just had my tax disc renewal notice.... a mere £185 for our cars[][]

 

[Dylan1]

waw mark.thats £20 less than i paid for mine!!

the final straw-must sell up immediately[]

 

[vinceg]

Have mentioned in some prior posts that I maintain a little excel price modeller on 993 prices. Started this off several years ago when I was looking for my own car as a porsche newbie trying to figure out 'fair value'. Have continued to maintain this as a background task. Nothing elaborate here but I do think its probably fairly close. At the end of the day its down to 2 parties agreeing a strike price. Condition and history of course remain critical and difficult to guage from a adverts... That said, model based on 1800 cars over 3 years which are price normalized against yr, miles, model, colour, lhd, cat d, owners, dealer, man/auto,service hist,condition,...so from a stats point in has some merit.

3 years trends I have recorded against a baselined car of each model type as below. % figs are respective YonY movements. Would be interested if anyone has any strong contra opinions but seems to support what I was told originally ' by a number of seasoned oldies - 'good 993 dont lose much value'. And compared to the 3 years loses on my new ML! In summary: 'S' cars flat; turbos up, rest down a tad, but not a lot.



2S 4S C2 C4 Cab Targa TT
Jun-05
Jun-06 -0.8% -0.6% -5.3% -7.0% -5.7% -3.6% 3.5%
Jun-07 -0.3% -0.3% 3.4% 1.2% -3.3% 0.3% -1.1%
Jun-08 2.2% 2.1% -1.3% -0.4% 0.0% 0.8% 5.9%

 

[jason]

If you have no intention of ever selling why on earth do you care?

And how will knowing what something is worth that you are never going to sell cheer you up a bit?

993 prices tend to be firmer than others as half of them on the market are not actually up for sale - just owners seeing what they can get possibly. The ones that are up for sale are usually 5-8k cheaper than these and sell so it's difficult to work out.

The new models have taken a tumble simply based on supply and demand.....but the 996TT has to be the supercar bargain of all time now....and what a car!

(I sold mine about 4 months ago before the inevitable drop came[&o])