Why are 996s so cheap?

[mattshiz]

Liokault said:

Meanwhile, you’re driving a Golf

[SrMoreno]

Hungrymc said:

Ref the Evora comments (firstly I'm a bit underwhelmed by them mainly due to looks and an engine with no character). But they are fabulous cars which will be in the region of 25k very soon. Could be a bargain.

You'll be waiting a long time before you get a good one for that price.

[Ozzie Osmond]

Few cars have much value once they become TWO generations out of date.

Also, most cars depreciate about 50% of their value every 3 years. So in round numbers a car which cost £50,000 new will be lucky if it's still worth £10,000 after 10 years.

[Ozzie Osmond]

greggy50 said:

Only 996 worth having is the GT3 or Turbo....

That's utter macho twaddle.

[ChasW]

I know three people that have owned a 996 (non-turbo). One had to have a rebuilt engine. It's not a statistically valid sample but enough to put you off or at least tread carefully. Fortunately I heard about the friend with the engine failure early enough to recommend Hartech. Although they were 200 miles away it worked out much cheaper to send the car on a trailer and get it fixed than having it done locally in Surrey

[hornetrider]

Liokault said:

shoestring7 said:

Agreed. A mate has an early 3.6, so value at ~£12.5k is the same as a late Golf V Gti. However he usually gets stung for £2k every year at servicing. Except this year it was £3.5k including a set of brakes, service, geo and some attention to leaks.

Meanwhile I paid £400 for disks and pads for a mkV Gti.

SS7

Meanwhile, you’re driving a Golf

[tr7v8]

shoestring7 said:

Durzel said:

They may be cheap to buy, but don't expect running costs commensurate with the price. They were after all once worth several times that amount.

It is possible of course to run them on a budget, but the major components will still retain prices that'll make your eyes water.

If you buy cars like this you need to do it with your eyes open rather than just saying "ooh it's cheap to buy now"

Agreed. A mate has an early 3.6, so value at ~£12.5k is the same as a late Golf V Gti. However he usually gets stung for £2k every year at servicing. Except this year it was £3.5k including a set of brakes, service, geo and some attention to leaks.

Meanwhile I paid £400 for disks and pads for a mkV Gti.

SS7

Yes & of course a Golf & a 996 are equivalents

As for servicing 996 & 986 are fixed price at an OPC so £295 inc VAT for a 12K & £395 for a 24K
Brake fluid change is £85 & plugs around the same. So he's being seen off. As for brakes even the OPCs realise they can't be competitive, all 4 corners should be £500-£700 tops.

[996TT02]

hornetrider said:

Liokault said:

shoestring7 said:

Agreed. A mate has an early 3.6, so value at ~£12.5k is the same as a late Golf V Gti. However he usually gets stung for £2k every year at servicing. Except this year it was £3.5k including a set of brakes, service, geo and some attention to leaks.

Meanwhile I paid £400 for disks and pads for a mkV Gti.

SS7

Meanwhile, you’re driving a Golf

Meanwhile, I paid a lot less than £400 (almost half) for rear disks and pads for my 996 Turbo...

[Level 7 Boss]

Give me a 986 Cayman over a 996 911.

Yeah I said it.

[996TT02]

Ozzie Osmond said:

greggy50 said:

Only 996 worth having is the GT3 or Turbo....

That's utter macho twaddle.

Each to his own and all that re the 996 and also the gen 1 997, but "macho" has little to do with the gt3 and the turbo being far more desirable, the gt1's Mezger engine is what it's all about. That's why a Turbo 996 is worth easily double plus what a non turbo 996 is worth, and values seem to have plateaud. For the gt3 you will need to find another 10k on top. Ergo, the Turbo and GT3 are, in general estimation, "more" worth having, if not exactly "only" which I don't agree with (but I would not want one). Case in point, I really wanted a C4S, (and specifically not a Turbo) but ended up getting a Turbo because the n/a cars I did not want to bet on.

[shoestring7]

Liokault said:

shoestring7 said:

Agreed. A mate has an early 3.6, so value at ~£12.5k is the same as a late Golf V Gti. However he usually gets stung for £2k every year at servicing. Except this year it was £3.5k including a set of brakes, service, geo and some attention to leaks.

Meanwhile I paid £400 for disks and pads for a mkV Gti.

SS7

Meanwhile, you’re driving a Golf

When I'm not driving one of my two 911s, I am.

SS7

[shoestring7]

Liokault said:

shoestring7 said:

Agreed. A mate has an early 3.6, so value at ~£12.5k is the same as a late Golf V Gti. However he usually gets stung for £2k every year at servicing. Except this year it was £3.5k including a set of brakes, service, geo and some attention to leaks.

Meanwhile I paid £400 for disks and pads for a mkV Gti.

SS7

Meanwhile, you’re driving a Golf

When I'm not driving one of my two 911s, I am.

SS7

[monthefish]

greggy50 said:

Only 996 worth having is the GT3 or Turbo

What absolute rubbish.

Tell us about your personal experiences with the 996 that causes you to hold that view? (which contradicts that of the motoring press, including Evo which made the standard 996 carrera their car of the year in 1998.)

From reading your profile, I guess its probably safe to assume that you've never even driven a 996 (let alone owned one), probably not ever driven any 911, and indeed, possibly never driven any porsche vehicle whatsoever.

[wolves_wanderer]

shoestring7 said:

Liokault said:

shoestring7 said:

Agreed. A mate has an early 3.6, so value at ~£12.5k is the same as a late Golf V Gti. However he usually gets stung for £2k every year at servicing. Except this year it was £3.5k including a set of brakes, service, geo and some attention to leaks.

Meanwhile I paid £400 for disks and pads for a mkV Gti.

SS7

Meanwhile, you’re driving a Golf

When I'm not driving one of my two 911s, I am.

SS7

Lovely stuff.

[monthefish]

k-ink said:

996 Carreras are not cheap if you have to pay for the entire price of the car again on top to replace an engine. They are a huge gamble and everyone knows it. So why take the risk when there are better cars available for the budget.

But it's not a huge gamble;

At the price they are now, they are almost disposable, and even if you were unlucky enough to have a total failure, the scrap value would minimise your losses to a few £k, and certainly less than the guaranteed loss via depreciation you would experience by buying a brand new Golf GTi for twice the money.

..and I know which I'd rather be driving.

[J4CKO]

Are they actually that cheap ? ok there is the occasional one for less than ten grand but will tend to be higher mileage, possibly a bit rough and perhaps an unpopular colour,trim or spec.

Perhaps cheap "for a 911", considering what has come since, or went before, but 997s are still fairly new in comparison and a lot of the air cooled stuff is perhaps, if we are being honest a bit overpriced.

It astounded me looking at air cooled 911's, some really manky looking examples with 80's style mods and an auto box were 20 odd grand.

A Jax XK8 of the same age is less than half the price of a 911, the 3200 GT seems to be a couple of grand cheaper for the same age/mileage, E36 M3's are a lot cheaper, Boxsters seem to have depreciated in a comparable manner relative to the new price, you can get a 2003 Cayenne for six grand, a 996 of the same year is twice that.

I dont think they have faired to badly really, given the publicised issues and number around.

[northwest monkey]

So nobody has answered this question yet, but once the engine has been rebuilt is the problem with the seal then fixed?

And considering the newest 996 is 9 years old surely if the problem was going to happen it would have by now?

I'd imagine Hartech (or similar) have a solution.

Bloody lovely cars - I'd have one like a shot. The one my mate had was gorgeous - dark grey with black leather & loads of toys. Big fat arse as well which is good - I like big arses

[cayman-black]

monthefish said:

greggy50 said:

Only 996 worth having is the GT3 or Turbo

What absolute rubbish.

Tell us about your personal experiences with the 996 that causes you to hold that view? (which contradicts that of the motoring press, including Evo which made the standard 996 carrera their car of the year in 1998.)

From reading your profile, I guess its probably safe to assume that you've never even driven a 996 (let alone owned one), probably not ever driven any 911, and indeed, possibly never driven any porsche vehicle whatsoever.

The point here is would you worry every time you opened it up ? They are a fast car the 996 but those engines would worry me. At least with what greggy said the GT3 and Turbo both have stronger engines and so i would agree. But even these cost money to maintain now as they are getting on. Porsche are not so brilliant as we once thought.

[cayman-black]

northwest monkey said:

So nobody has answered this question yet, but once the engine has been rebuilt is the problem with the seal then fixed?

And considering the newest 996 is 9 years old surely if the problem was going to happen it would have by now?

I'd imagine Hartech (or similar) have a solution.

Bloody lovely cars - I'd have one like a shot. The one my mate had was gorgeous - dark grey with black leather & loads of toys. Big fat arse as well which is good - I like big arses

Big arse ? 4S... They are very nice.

[_Batty_]

993's need a top end at 70-90k @ £7-8k.
996's need barrels and pistons @ 50k+ for £6k-£10k.
Ones flavour of the month, the other not.