996 prices

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RT

Original Poster:

919 posts

245 months

Thursday 18th June 2015
quotequote all
So dear folks in the know with crystal balls wink

Any idea what's likely to happen to the price of my 2002 C2 996 with 18k miles in absolute mint condition?

Been offeered a very good shout from a dealer to buy it, but having been burned when I sold my 930 before the rise I am a little hesitant...

Just the regular 996 C2 in polar. Hmmmm..

Thanks

Billy_Whizzzz

2,006 posts

143 months

Thursday 18th June 2015
quotequote all
Be interested to know what he's offered you. I'm no expert but I suppose it's worth about £16k, give or take. A dealer would have it up for a couple of K more possibly. But I think the values will be always capped by 997 values, and there's a shed load of those around, starting at £19k or so or maybe £25k for one like yours. And sadly - and I say this as a recent 996 owner - the 997 is infinitely more desirable and will never rise like 964 (which always looked great) or 993. So I'd take your money before 997 prices drop even more (which they will) and negatively affect your 996 price...

LordHaveMurci

12,040 posts

169 months

Thursday 18th June 2015
quotequote all
Billy_Whizzzz said:
Be interested to know what he's offered you. I'm no expert but I suppose it's worth about £16k, give or take. A dealer would have it up for a couple of K more possibly. But I think the values will be always capped by 997 values, and there's a shed load of those around, starting at £19k or so or maybe £25k for one like yours. And sadly - and I say this as a recent 996 owner - the 997 is infinitely more desirable and will never rise like 964 (which always looked great) or 993. So I'd take your money before 997 prices drop even more (which they will) and negatively affect your 996 price...
Lol

RT

Original Poster:

919 posts

245 months

Thursday 18th June 2015
quotequote all
LordHaveMurci said:
Lol
Lord? You have another view?

Richie200

2,011 posts

209 months

Thursday 18th June 2015
quotequote all
Billy IMHO it all depends on which 996. There were 8296 C2 Coupe's produced with Mechanical throttle (the 3.4 from '98), of those, say around 50% were auto, so a total of 4000ish isn't a particularly big number of the 175000 996's that were produced. I don't think the 997 will have any bearing on these particular 996's, just like the 993 doesn't really have any bearing on the 964.

ETA: to put in perspective what I mean above: there were around 65,000 964's from memory and about 2300 of those were 964RS's. So in absolute terms there are/were roughly twice the number of Non E-throttle 996 C2 manuals floating around.

Edited by Richie200 on Thursday 18th June 18:55


Edited by Richie200 on Thursday 18th June 18:58

Billy_Whizzzz

2,006 posts

143 months

Thursday 18th June 2015
quotequote all
I think my values may have been out by a couple of K (ie too high) but I still believe the principle to be right - ie values held or capped by 997 and always less desirable than a 997. Delighted to be proved wrong though!

monthefish

20,441 posts

231 months

Friday 19th June 2015
quotequote all
LordHaveMurci said:
Billy_Whizzzz said:
Be interested to know what he's offered you. I'm no expert but I suppose it's worth about £16k, give or take. A dealer would have it up for a couple of K more possibly. But I think the values will be always capped by 997 values, and there's a shed load of those around, starting at £19k or so or maybe £25k for one like yours. And sadly - and I say this as a recent 996 owner - the 997 is infinitely more desirable and will never rise like 964 (which always looked great) or 993. So I'd take your money before 997 prices drop even more (which they will) and negatively affect your 996 price...
Lol
confused

Crimp

909 posts

187 months

Friday 19th June 2015
quotequote all
RT said:
So dear folks in the know with crystal balls wink

Any idea what's likely to happen to the price of my 2002 C2 996 with 18k miles in absolute mint condition?

Been offeered a very good shout from a dealer to buy it, but having been burned when I sold my 930 before the rise I am a little hesitant...

Just the regular 996 C2 in polar. Hmmmm..

Thanks
Hang on to it (depending on what you've been offered)
I too (albeit still made money) sold some of my previous 911's at the wrong time, but hey ho that's life.

RT

Original Poster:

919 posts

245 months

Friday 19th June 2015
quotequote all
Been offered £26k.

It's quite a good bid I think.

I sold a 11k miles 930 cab for 29k a few years ago - so have been there and done that!!

appletonn

699 posts

260 months

Friday 19th June 2015
quotequote all
Richie200 said:
Billy IMHO it all depends on which 996. There were 8296 C2 Coupe's produced with Mechanical throttle (the 3.4 from '98), of those, say around 50% were auto, so a total of 4000ish isn't a particularly big number of the 175000 996's that were produced. I don't think the 997 will have any bearing on these particular 996's, just like the 993 doesn't really have any bearing on the 964.

ETA: to put in perspective what I mean above: there were around 65,000 964's from memory and about 2300 of those were 964RS's. So in absolute terms there are/were roughly twice the number of Non E-throttle 996 C2 manuals floating around.

Edited by Richie200 on Thursday 18th June 18:55


Edited by Richie200 on Thursday 18th June 18:58
So my '98 3.4 C2 manual with mechanical throttle is one of only 4000 cars produced?! I bought it because I viewed it as one of the last 'analogue' 911s, with no ESP, electronic throttle etc & it certainly feels far closer in spirit to my old 964 C2 than I expected & I absolutely love it!

monthefish

20,441 posts

231 months

Friday 19th June 2015
quotequote all
RT said:
Been offered £26k.

It's quite a good bid I think.

I sold a 11k miles 930 cab for 29k a few years ago - so have been there and done that!!
I'd take that.

I think that prices are rising for 996s, and long term, the outlook is very good, but it'll be a while before the rest of the Carrera's are worth anywhere near that.

Luke.

10,987 posts

250 months

Friday 19th June 2015
quotequote all
monthefish said:
RT said:
Been offered £26k.

It's quite a good bid I think.

I sold a 11k miles 930 cab for 29k a few years ago - so have been there and done that!!
I'd take that.

I think that prices are rising for 996s, and long term, the outlook is very good, but it'll be a while before the rest of the Carrera's are worth anywhere near that.
Me too. That's a cracking offer.

IMI A

9,410 posts

201 months

Friday 19th June 2015
quotequote all
RT said:
Been offered £26k.

It's quite a good bid I think.

I sold a 11k miles 930 cab for 29k a few years ago - so have been there and done that!!
Thats a fair bid.

Adam B

27,215 posts

254 months

Friday 19th June 2015
quotequote all
RT said:
Been offered £26k.

It's quite a good bid I think.
bite his arm off IMHO

IknowJoseph

542 posts

140 months

Friday 19th June 2015
quotequote all
For that money you could afford to sell it and buy a decent one that you wouldn't mind putting the miles on. You'd have plenty of petrol money left over too! If prices are rising you might even have another car to make some profit on in a few years.

Jobbo

12,971 posts

264 months

Friday 19th June 2015
quotequote all
monthefish said:
I think that prices are rising for 996s, and long term, the outlook is very good
Definitely, first of the water-cooled 911s - future classic status assured...

LordHaveMurci

12,040 posts

169 months

Friday 19th June 2015
quotequote all
RT said:
LordHaveMurci said:
Lol
Lord? You have another view?
Yes I do. The 964 was not popular until quite recently, your car is clearly worth more than £16k & 997's are not infinitely more desirable than 996's, this may be my personal opinion however.

Lot's of people on here with far more knowledge than me believe 996 prices are, or will, rise.

sib8292

24 posts

171 months

Friday 19th June 2015
quotequote all
So - since I'm thinking of selling my 2005 reg Midnight Blue 996 C4S auto with Bise, memory seat, good condition with new discs/ pads all round, and 65k - what's that worth do we think?

Luke.

10,987 posts

250 months

Friday 19th June 2015
quotequote all
sib8292 said:
So - since I'm thinking of selling my 2005 reg Midnight Blue 996 C4S auto with Bise, memory seat, good condition with new discs/ pads all round, and 65k - what's that worth do we think?
£19,995.

shantybeater

1,193 posts

169 months

Friday 19th June 2015
quotequote all
LordHaveMurci said:
Yes I do. The 964 was not popular until quite recently, your car is clearly worth more than £16k & 997's are not infinitely more desirable than 996's, this may be my personal opinion however.

Lot's of people on here with far more knowledge than me believe 996 prices are, or will, rise.
I don't think 997 prices will govern 996 prices, the cars are after-all different enough. There are two reasons people believe a 997 is 'infinitely better' than a 996 - The headlights & the interior. Both are cosmetic and a matter of opinion. When the 997 was new and just released it made the 996 look old to some/most, now both are old and I actually believe the 996 is ageing better, especially the interior