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996 C4/2s vs 993... future classic status?

jakey555

New member
Hi,
Difficult investment question- crystal balls and calculators at the ready... I'm new on here having not owned a 911 for the last decade. Before then I owned a few, including a couple of 3 ltr SCs a 3.2 Carrera, a 1987 (4 spd) Turbo, 964 3.6 and various nasty non standard 2.7s. Along with numerous lesser 4 cyl porsches too. I kept few for very long but a couple for a couple of years. Most memorably a lovely black '79 SC coupe which I drove the socks off for about 2 years. Best car I ever had
I've beavered away for the last 10 years in a hugely fun, but not very well paid job driving diesel estates etc., and now am finally in the position to purchase an investment second/fun car. As I need to keep it outside I know it needs to be a Porker. The last decent motor I had was a 1984 Ferrari, and it seemed that every time I walked out to it another rusty bubble would appear. It started breaking my heart in the end. Despite that, I bought it right and sold it for exactly what I paid for it 3 years later.

My parameters are as follows:
Budget - 20 grand. No more than that. I have another 5k for calamities, but expect to purchase a decent example.
Mileage - 3000 per year max for this car.

Here are my preliminary thoughts and questions, without having driven either car:

993:

Will I even get a decent manual 993 coupe with fpsh in a decent colour not needing lots of work for sub 20k?
Is the 993 fuel economy considerably worse than the 996?
Could the current prices of these cars suggest they are living in a bubble which could burst?
Its looks will stand the test of time better than the 996- even the slightly better looking (than other 996s) wide body 996.
Will any planned future emissions tax changes badly effect running costs of this car?
Classic car insurance is a positive for the 993. Cheaper!

996
Every day that goes by at the moment the normal narrow bodied 996 looks uglier, while the 993 just looks better and better. Hence the probable main reason for the value discrepancy. However, not so with the wide bodied cars in my view, and a motor trade friend agrees with me on this.
Will cars like c4s ever drop much further below 20 grand? (Not including oddballs like the bloke on here's with the 230k mileage)
When a normal 996 Carrera entry level is now 10 grand, is the double money justifiable for the wide body- in a ongoing value and ease of selling it context? I think it very well might be- but not sure completely. I don't mind spending the extra money as long as I can get it all back at the end.
With my previous experience of proper 911s like SCs, will I find a 996 diluted and disappointing? Are 911s still as spine tinglingly free revving?
I can't really find many 996 wide bodied 2wd cars for sale. Is this because they did not make many?
How do the values of 2wd/4wd wide body 996 cars compare?
Is the 2wd the one to have like it was with the 964? I like driving in controlled powerslides where safe to do so, will a C4s allow this with all its technology?
And fuel economy? The 4 will obviously be worse than the 2- but how much worse?
And car tax? When was the date after which it went on engine size? Were there any wide bodied UK 964s before this date that would have cheaper tax?
How do servicing costs/frequency compare with a 993?
People mutter about engine issues with these cars. Something about liners I think. Is this statistically worth worrying about?

Both cars:
I don't want a convertible, but how do the new breed of Targas compare in terms of effect on value for these cars? And do they lose out on drivability over the coupes?
Despite the nice looking black 993 Tiptronic currently on Autotrader for £16.5k!!, I recall from a decade ago to steer very well clear of auto 911s. Are they still horrible? I'm guessing so looking at values.

I'd like a car I can keep for 5 years without losing too much money, have lots of fun driving it, and my previous experience with 911s suggests that one of these will probably hold its value pretty well. I'm not so naive as to think long term it can be cost neutral, but am just after something that has largely finished depreciating and will hold its money well.

As an aside, a friend of mine has 10- 11k to invest similarly for a second play/ investment car. We were chatting about whether he should put his money in a BMW M-coupe (The funny hatchback 2 seater things from the late 90s) or a 996, similar mileage cars, both with fsh etc.I have to confess, I'd go for the Beemer in that case, (but only one that's had the VANOS done) as they are a little more raw and have a bit of a widowmaker reputation. And F. quick too 0-100 mph in 11 seconds IIRC. But who knows what their values will be in 5 years? Guessing is part of the fun for everyone I suppose.

Thanks for any help you can provide on any of this.
I've posted this in both 996 and 993 forums so as to filter out the bias of answers. Hope this is OK.
Jake


 
I don't want to rain on your parade, but you won't get a "classic 996" on your budget. The only models which are likely to be collectible are the GT3 Mk1, the GT3RS, and the Turbo S, just because they are the rarest.

IMO, all other 996's will continue to depreciate, at varying rates, albeit relatively slowly, depending on what part of the depreciation curve they are on. I am sure that you will lose money on any 20k 996 you can buy today. So my advice is not to consider a 996 as an investment.

They are hugely capable and exciting cars to drive, so buy one for that reason, and that reason alone.

If investment is your main criteria, go for a nice air cooled model. I reckon the smart money would be on a well cared for 964, which was a bit under-rated by many, but has a lot going for it.

By the way, ALL wide bodied 996's are 4WD.
 
IMHO you should drive both the 993 and 996 and then decide - I made my decision on the pure dynamics of the car, but I do concede there will be depreciation with a 996 because they are relatively plentiful in the market, however truly nice ones are perhaps harder to find (I have a chap knocking on my front door every few months begging me to sell mine to him!). and the 996 turbo is just awesome......I've owned some nice cars, but I can't top this one!

Tony
 
Many thanks,
I have over analysed the whole thing, but it has resulted in pretty much all the answers I needed.
1. It's a 993 then by the looks of things when it comes to long term residuals.
2. Now I know why I couldn't find any 2wd wide bodied 996s!. Though I swear I did see one for sale. Must have been incorrectly advertised.
3. In answer to the guy in the 993 forum. No I don't mind a miley example with a few stonechips. In fact I would welcome such a situation. I don't want a car to take to shows etc. just use, look nice from a distance, show me to be the automotive officianado I clearly am not, and be faultlessly reliable and dependable. So I think I need a mechanically decent, but not necessarilly bodilly mint 993. (Same as everyone else outside the rereified atmosphere of PCGB though probably). It will never get parked next to another 993 while I own it, so stonechips not a problem.
4. I might even see if I could hack a Tiptronic.
5. Although my motortrade friend said 996 Clubsport worth investing at the moment in if I can find one that's not been tracked and abused and isn't a ridiculous colour. But once again, only if I could hack driving it.
6. 964. Hmm. I have owned one of these in the past. To me it was essentially the 3.2 Carrera with a body kit... and not a very nice body kit. They should be ten grand for a very nice one. But aren't. I paid 13.5k ten years ago.(Wasn't the best on the body- but was machanically OK) It would be depressing to go back- and have to pay so dearly for the opportunity to do so.

I think the crux of it is what the 993 achieved was it looked best in bog standard coupe form. The RS scoops, wide bodies etc. all spoil the look of the car in my view, whereas with the 996 or 964, any of this unsubtle kind of bespoilering stuff just makes it look better as it's a bit of a minger in standard form.

It's going to be last of the aircooled for me I think. And then do my best to keep the hype going and the values up!
Is there a big premium for the Variocams, or little difference?
 
Now I know why I couldn't find any 2wd wide bodied 996s!. Though I swear I did see one for sale. Must have been incorrectly advertised.

GT2?

Now there is a classic. Not sure you'll get one for £20k though. [;)]
 
If residuals are your main concern, then for sub 20K, I'd suggest aircooled.

This one sounds nice and within your budget, and Henry has a good reputation for only selling decent ones...

993 for sale at 911 Virgin

(I have no connection with this company btw, and haven't bought from them, just they get good feedback on the various forums)

Happy hunting!

 
Get the 996 to at least 25 years old and if it's still in good nick, then I would consider that a classic. I don't think any of the 996's you buy will be considered a classic in 5 years time.

If you want an instant classic then go air cooled as others have said.

And I object to the narrow body getting uglier by the day. I just love the shape of the 996 as a whole widebody or not. The 996 GT3 styled 996 was why I wanted a 996, and they are not widebodied....

 
996's its the headlights, and the fact they look to much like a boxster to the untrained eye.

That is why they are doomed.

As a car, to drive, and interior, they are better than a 993 all day long.

If you want looks, niose, and something that will hold its money (though thay are looking old now inside and out) get a 993
 

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