Why are 996s so cheap?

Author
Discussion

bluepony

Original Poster:

168 posts

191 months

Monday 21st April 2014
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Less than £10k for a 911. Why? Are they st? They look slightly bland but is there anything else?

HorneyMX5

5,309 posts

150 months

Monday 21st April 2014
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Because IMS Bearing

Durzel

12,262 posts

168 months

Monday 21st April 2014
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Also, they're old. They stopped selling them in 2005, and the 997 is imo a pretty substantial step forward mechanically and aesthetically.

NNH

1,518 posts

132 months

Monday 21st April 2014
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Durzel said:
Also, they're old. They stopped selling them in 2005, and the 997 is imo a pretty substantial step forward mechanically and aesthetically.
They're old and they made lots of them. Still, it's a lot of car for the money and the IMS/RMS thing can be put off for a long time by adding oil. I loved my 2002 996 dearly, and took it up to 100,000 miles before I traded it in.

Matt UK

17,696 posts

200 months

Monday 21st April 2014
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Simply, because the buying market decides what they are worth.

williamp

19,255 posts

273 months

Monday 21st April 2014
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Also they are about comparable with e competition of the time: maserati 3200, jaguar xkr, M3 etc etc.

Oddly, of those listed the jaguar probably has the least issues

greggy50

6,168 posts

191 months

Monday 21st April 2014
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They have a habit of the engine failing for no apparent reason...

Only 996 worth having is the GT3 or Turbo could not run the risk of a normal model myself unless I had a very good slush fund

northwest monkey

6,370 posts

189 months

Tuesday 22nd April 2014
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Would any engine issues not have been fixed by now or is it one of those things that could happen again?

A mate of mine had a 996 (C4S IIRC) from about 10k miles up to about 50k and never had any issues with it leaking oil etc.

I actually think they are lovely cars. I prefer them to the older ones - there, I've said itlaugh

davepoth

29,395 posts

199 months

Tuesday 22nd April 2014
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greggy50 said:
They have a habit of the engine failing for no apparent reason...

Only 996 worth having is the GT3 or Turbo could not run the risk of a normal model myself unless I had a very good slush fund
I always wondered whether the Subaru Flat 6 could be made to fit for less money. The power is pretty close (within 10%) and the noise is going to be about right.

slipstream 1985

12,218 posts

179 months

Tuesday 22nd April 2014
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davepoth said:
greggy50 said:
They have a habit of the engine failing for no apparent reason...

Only 996 worth having is the GT3 or Turbo could not run the risk of a normal model myself unless I had a very good slush fund
I always wondered whether the Subaru Flat 6 could be made to fit for less money. The power is pretty close (within 10%) and the noise is going to be about right.
eh? subaru flat 6?

DanielSan

18,786 posts

167 months

Tuesday 22nd April 2014
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slipstream 1985 said:
eh? subaru flat 6?
From the SVX.

neutral 3

6,464 posts

170 months

Tuesday 22nd April 2014
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A mate and I very nearly took the plunge about 7 years ago on a gorgeous, Metalic black with Tan sport leather, loads of factory options, low miles 02 plate car. It was up for £32,000.

However, it's value would be way less now, so I'm very glad we didn't.

But Lots around, engines can let go, poor image, bland styling, non sport seats poor, dash layout pretty naff, lots of not so nice colors out there.
Lot of car for the money now, but that engine would frighten me off buying one. E46 M3 a better buy.

Bibbs

3,733 posts

210 months

Tuesday 22nd April 2014
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DanielSan said:
slipstream 1985 said:
eh? subaru flat 6?
From the SVX.
Or the Outback (for something more modern).

stuckmojo

2,978 posts

188 months

Tuesday 22nd April 2014
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My 2p (996 owner).

The cars are incredibly cheap for what they are. As said above, engine issues (fairly easily resolved though) and big production numbers do not help the residual values.

Also, the headlights are not to everyone's taste. However, looking at older 991s, both the 964 and earlier cars dipped well below the 10k mark before climbing back up and become classics.

I recall that when I bought my 996 (early 3.4, Carrera 2 Manual) there were some 964 within budget.

Nobody can predict the future, and it may as well be that the 996 will join Boxsters and 944s at the bottom of the pile, but I don't believe it will be the case. Many cars will be scrapped/crashed et cetera, reducing the numbers. Just look at the difference in availability of 996 and 997 cars for sale.

It will be interesting to watch. Not that I have a personal stake in this as my car won't be for sale at any point.

Hitch78

6,106 posts

194 months

Tuesday 22nd April 2014
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I was never a fan until I drove a 996 C4S (which I'd always liked the look of) and found it to be a glorious mechanical feeling device with a much better ride than 997s I'd driven and my 987 Boxster S.

I'd have one in a flash and at that price surely you can squirrel away a contingency fund or undertake some sensible preventative maintenance.

996TT02

3,308 posts

140 months

Tuesday 22nd April 2014
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NNH said:
Durzel said:
Also, they're old. They stopped selling them in 2005, and the 997 is imo a pretty substantial step forward mechanically and aesthetically.
They're old and they made lots of them. Still, it's a lot of car for the money and the IMS/RMS thing can be put off for a long time by adding oil. I loved my 2002 996 dearly, and took it up to 100,000 miles before I traded it in.
I wonder how a trashed bearing and wrecked engine can be sorted by adding oil!

226bhp

10,203 posts

128 months

northwest monkey

6,370 posts

189 months

Tuesday 22nd April 2014
quotequote all
neutral 3 said:
A mate and I very nearly took the plunge about 7 years ago on a gorgeous, Metalic black with Tan sport leather, loads of factory options, low miles 02 plate car. It was up for £32,000.

However, it's value would be way less now, so I'm very glad we didn't.

But Lots around, engines can let go, poor image, bland styling, non sport seats poor, dash layout pretty naff, lots of not so nice colors out there.
Lot of car for the money now, but that engine would frighten me off buying one. E46 M3 a better buy.
So you nearly bought a car 7 years ago but are glad you didn't because it's value is now less?

Sorry to tell you this, but this happens to most cars.

david_h

579 posts

263 months

Tuesday 22nd April 2014
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On values, the 996, as Porsche's first truly mass produced sports car, will suffer the same fate as any M3. Prices will continue falling and will take over a decade before supply is constrained sufficiently as to support values once more. Even then in real terms prices will continually decline.

My view of these 996's and M3's is it is best to just drive and enjoy them rather than continually focus on residual values especially as the depreciation curve is fastest in any cars early life.

I should clarify I own an e46 m3 that continues to depreciate but as it always puts a smile on my face I can't see me selling.

Hitch78

6,106 posts

194 months

Tuesday 22nd April 2014
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Spot on.