993 prices - likely to drop much over winter?
Discussion
Some of you may remember that I posted a succession of 911 n00b threads a few months back in my quest to bring myself up to speed on the 993 ownership experience. I couldn't shift my S2000 so the project went on hold. It now looks like I'll be able to sell it over the next few weeks so I'm back on course to get myself into a 993
Asking prices don't appear to have moved a great deal (if at all!) since I first started looking towards the start of the year. I do realise of course that asking prices are not the same as selling prices. My query for those of you who are more familiar with the Porsche market than me is whether prices are likely to drop much as winter and bad weather set in. There's a marked variation in S2000 values and asking prices drop by quite a bit once outside the peak summer season so I was wondering whether there's a similar pattern with Porkers.
If there is a reasonable prospect of them doing so, I'll probably sit tight for a few months and buy maybe in the run-up to Christmas when readies are more likley to be at a premium!
(Ideally looking at 993 Targas, BTW. I'd be quite happy with a Coupe though - just not a Cabriolet. The lines of the Cab just don't like right to me, I'm afraid!)
Asking prices don't appear to have moved a great deal (if at all!) since I first started looking towards the start of the year. I do realise of course that asking prices are not the same as selling prices. My query for those of you who are more familiar with the Porsche market than me is whether prices are likely to drop much as winter and bad weather set in. There's a marked variation in S2000 values and asking prices drop by quite a bit once outside the peak summer season so I was wondering whether there's a similar pattern with Porkers.
If there is a reasonable prospect of them doing so, I'll probably sit tight for a few months and buy maybe in the run-up to Christmas when readies are more likley to be at a premium!
(Ideally looking at 993 Targas, BTW. I'd be quite happy with a Coupe though - just not a Cabriolet. The lines of the Cab just don't like right to me, I'm afraid!)
to be honest, the asking prices wont change much... but less people will be shopping for that type of car in the winter, so you should have more bargining power.
Theres a lot on the market now, and with high fuel prices, the buyers market is smaller - so my advice is be prepared to bargin hard, and only if you find the perfect one to settle for paying close to the asking, as they'll always be another around the corner.
Theres a lot on the market now, and with high fuel prices, the buyers market is smaller - so my advice is be prepared to bargin hard, and only if you find the perfect one to settle for paying close to the asking, as they'll always be another around the corner.
I'd ignore the summer/winter thing completely. Finding the right car (especially if you are after a manual targa rather than a tip) is going to be hard enough.
993 prices aren't really seasonal, and though they have taken a bit of a hit since a year or two ago it's not a lot, and that is largely down to the abundance of sub £25k 996's.
Just keep your eyes peeled for candidates and go look at several, that way when "the one" comes along you'll know what price would be fair for it.
We are always here should you want to bounce anything off us (plenty of people have PM'd me about this kind of thing over the years).
993 prices aren't really seasonal, and though they have taken a bit of a hit since a year or two ago it's not a lot, and that is largely down to the abundance of sub £25k 996's.
Just keep your eyes peeled for candidates and go look at several, that way when "the one" comes along you'll know what price would be fair for it.
We are always here should you want to bounce anything off us (plenty of people have PM'd me about this kind of thing over the years).
You'd expect the Cabrio prices to dip in the winter as per all soft-tops. You may find the Coupes don't have as much of a seasonal change. The Targa is pretty rare, which should mean that values should stay firm, but for some reason they're not massively sought after. You won't have a lot of cars to choose from if you really want a Targa, so be prepared to seek a good one out!
Cheers all!
I've already noted the dearth of manual Targas and I suspected that that was probably going to mean prices stayed pretty firm. Not dead-set on one but it struck me as a decent compromise between the open top motoring I've enjoyed for the last 7 years or so and getting myself into a 911 that doesn't look like the lid has been removed with a tin opener.
I suppose I should really also drive a Tip before I conclusively rule it out - that might make the search for a Targa easier. The car's destined to be a weekend "toy" car though so I don't really need the convenience for city-driving and commuting that seems to be the Tip's strength.
I've already noted the dearth of manual Targas and I suspected that that was probably going to mean prices stayed pretty firm. Not dead-set on one but it struck me as a decent compromise between the open top motoring I've enjoyed for the last 7 years or so and getting myself into a 911 that doesn't look like the lid has been removed with a tin opener.
I suppose I should really also drive a Tip before I conclusively rule it out - that might make the search for a Targa easier. The car's destined to be a weekend "toy" car though so I don't really need the convenience for city-driving and commuting that seems to be the Tip's strength.
2 sides to the Targa thing in my opinion, depending on whether you're a buyer or seller. As a buyer, you will be told "these cars are very rare, and hold their value well, it's worth the full asking price". As a seller, you'll be told "these have never been popular, that's why there aren't many around, I'll offer you x thousand less than you're asking, I can take it or leave it". Make sure you have the right approach when viewing
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