Discussion
Nurburgsingh said:
Wozy68 said:
Orangecurry said:
Nurburgsingh said:
I paid £SomethingTeen K for my Iris C2 manual in 2012.
You got it cheap!OC is correct, condition, history and condition.
Wozy68 said:
Blimey over the 100K mark and now around the 30K mark? I have seriously undervalued my 911. I have the just about most perfect history on mine though the mileage is high at 122K.
OC is correct, condition, history and condition.
Its ridiculous isn't it... 102K miles in 17 years... 6K a year!!OC is correct, condition, history and condition.
I bought mine looking for one with some miles.. 2 reasons. Firstly - I wanted to drive mine not add a garage queen to my collection. Second - A car thats got to 80/90K will only have got there by being looked after. So I checked out the bills and History, they matched the condition and I parted with my cash and have been happier than a pig in poo ever since..
I'm not sure 993 prices have changed that much over the last few years and certainly not compared to 964 prices.
I bought mine back in 2010 when manual c2s and c4s could be had for 20-25k. Maybe a bit more for low miles, a bit less for a marmite colour. There are certainly less for sale at the moment but prices don't seem to have changed that much.
Over the same time frame 964 prices seem to have caught up. When I was looking for my 993, 964s were a good chunk less, now they seem to be more or less on a par. Will this push up 993 prices? I certainly hope so!
I bought mine back in 2010 when manual c2s and c4s could be had for 20-25k. Maybe a bit more for low miles, a bit less for a marmite colour. There are certainly less for sale at the moment but prices don't seem to have changed that much.
Over the same time frame 964 prices seem to have caught up. When I was looking for my 993, 964s were a good chunk less, now they seem to be more or less on a par. Will this push up 993 prices? I certainly hope so!
964 prices have certainly moved a lot in the past few years, maybe even doubled.
However, I don't think it is specifically the 964 thats pushing the 993 up, its just that all the air cooled 'original' cars are moving.
Theres a growing market for them, especially in the East, and theres limited supply.
Its just simply good old supply and demand at work.
However, I don't think it is specifically the 964 thats pushing the 993 up, its just that all the air cooled 'original' cars are moving.
Theres a growing market for them, especially in the East, and theres limited supply.
Its just simply good old supply and demand at work.
Edited by mollytherocker on Thursday 20th March 20:32
mollytherocker said:
Wilmslowboy said:
Late 993 coupe, 2wd, man, narrow body , good colour combo, sub 50k miles
Local to me, private sale for £40k++
Is this the new normal ??
Its about right for now.Local to me, private sale for £40k++
Is this the new normal ??
Happy to be proved wrong.
pp
TheMajor said:
I'm not sure 993 prices have changed that much over the last few years and certainly not compared to 964 prices.
I bought mine back in 2010 when manual c2s and c4s could be had for 20-25k. Maybe a bit more for low miles, a bit less for a marmite colour. There are certainly less for sale at the moment but prices don't seem to have changed that much.
Over the same time frame 964 prices seem to have caught up. When I was looking for my 993, 964s were a good chunk less, now they seem to be more or less on a par. Will this push up 993 prices? I certainly hope so!
You are well out of touch. You can't get a 993 S for less than £40k (unless it's got a troubled past), not many for sale as they are selling before hitting the market, dealers are desperate for them. Yes there are some speculative ones at £50k plus but any between £40 and £45k are shifting fast.I bought mine back in 2010 when manual c2s and c4s could be had for 20-25k. Maybe a bit more for low miles, a bit less for a marmite colour. There are certainly less for sale at the moment but prices don't seem to have changed that much.
Over the same time frame 964 prices seem to have caught up. When I was looking for my 993, 964s were a good chunk less, now they seem to be more or less on a par. Will this push up 993 prices? I certainly hope so!
I have not really looked in the 993 classifieds for a while and have just got a bit of a shock.
I was aware that they are on the way up, but wow, much more than I realised.
Even tips and cabs are well up but RWD manual coupes are very thin on the ground. Turbo prices are mental!
Is the market being pushed or is this the true position?
I was aware that they are on the way up, but wow, much more than I realised.
Even tips and cabs are well up but RWD manual coupes are very thin on the ground. Turbo prices are mental!
Is the market being pushed or is this the true position?
Personally I just think classic Porsches are realising a better market value against other classics after being undervalued by the markets for a number of years. It's why I bought one a year ago ;-)
Of course there will be cynics saying it won't last / they are overvalued which is not worth arguing about as the market will do the talking but I think there is still a lot of room for prices to rise but the gap between desirable and run of the mill will increase. S cars will always be desirable simply because of rarity, those that argue performance is a factor are way off base.
If you want a laugh read some threads discussing value even 12 months ago and the cynics already look at tad stupid lol
Exciting times for classic Porsches...
Ironically this may drag up early watercooled cars as air cooled get priced out of the general "hobby" market, all in my opinion of course but I'm more than happy with my "investment" ;-)
Of course there will be cynics saying it won't last / they are overvalued which is not worth arguing about as the market will do the talking but I think there is still a lot of room for prices to rise but the gap between desirable and run of the mill will increase. S cars will always be desirable simply because of rarity, those that argue performance is a factor are way off base.
If you want a laugh read some threads discussing value even 12 months ago and the cynics already look at tad stupid lol
Exciting times for classic Porsches...
Ironically this may drag up early watercooled cars as air cooled get priced out of the general "hobby" market, all in my opinion of course but I'm more than happy with my "investment" ;-)
At 30k or thereabouts these cars are still good value. You have to look around and see what you can get as an alternative. Even hot hatches such as well specced Golf's or Focus' are not much cheeper so with the 993 you have a relatively modern car with enough performance in today's world and it will not depreciate. The reason for the high mileage of most 993s is that they have been used as everyday cars as they are pretty bulletproof.
anonymous said:
[redacted]
I once owned an original Mini MK2 1275 Cooper S, they built 72000 Coopers of all sorts. A genuine Cooper S 1275 is worth between 15 - 30 plus K now dependent on what year and CC it is. ...... It was pants, and I'm assuming they really are still a rather slow 'classic' car.I feel ALL air-cooled 911s are under valued, though I wish they were not classed as, cars should be for driving, not profit IMO.
Edited by Wozy68 on Sunday 23 March 20:29
To be a bit contrary, as much as I love my 993, I don't think they're worth the prices being asked now, or even a year ago for the lower mileage examples. I only got mine because I wanted to try out an air cooled Porsche to see what the fuss was about and expected to get into a 964 for mid to high teens money. But 964 prices had already spiked and I was impatient which meant that when mine popped up for £18k bug price (110k miles with a new roof, recent paint and inches of history) at 911V I took a punt and went for it as it was within budget.
They're great cars, but for me at £25k or even £30k+ as a "special" weekend car they don't really make sense to me. They suffer from the perpetual mainstream (i.e. not GT3 etc) Porsche problem of being too competent and sensible for their own good even 20 years later despite the silly floor hinged pedals
That works a treat for me as it's my daily drive (or as much as you can have one living in a city) and a car I don't worry about taking on track, but if it had to be my special weekend car, at current prices or even recent prices, it wouldn't be enough.
They're great cars, but for me at £25k or even £30k+ as a "special" weekend car they don't really make sense to me. They suffer from the perpetual mainstream (i.e. not GT3 etc) Porsche problem of being too competent and sensible for their own good even 20 years later despite the silly floor hinged pedals
That works a treat for me as it's my daily drive (or as much as you can have one living in a city) and a car I don't worry about taking on track, but if it had to be my special weekend car, at current prices or even recent prices, it wouldn't be enough. Supply/demand suggests that 993 prices are reasonably safe and may even go up.
The problem is that it is a confidence bubble - people will pay £40k for a 993 because they expect to sell it for £38k a year or two later. It will only take a little wobble in the perception of future values for it to all fall apart. I doubt that will happen, though, because Porsche buyers are a very nostalgic, wealthy and brand-loyal bunch of people.
The problem is that it is a confidence bubble - people will pay £40k for a 993 because they expect to sell it for £38k a year or two later. It will only take a little wobble in the perception of future values for it to all fall apart. I doubt that will happen, though, because Porsche buyers are a very nostalgic, wealthy and brand-loyal bunch of people.
Hi there!
I have watched prices closely over the last 3 years and have seen 3.2 double in value. I turned down a white cad supersport for £16500 3 years back because of the gearbox and clutch were shot and it needed a new hood. I could have spent £5G on it and still made £10G profit...or just had free 3.2 enjoyment for the next 15 years! I am not even going to mention 3.3 Turbos because they were a dream that slowly drifted out of reach.
I think that 993s have been expensive for a long time and have recently become a bit more expensive.
This week I finally put my money where my mouth is!!! I have just bagged a '94 993 cab tip with 92000 for £19,350 and I am feeling quite pleased with myself. I know it's not a manual coupe vario but if anyone wants to lend me another £10G I will happily buy one
She looks very clean bar a few stone chips. Needs tax and a service but I still think I have done well. Getting her PPi'd on Thurs with Chelsea Carrera and then have some fun!
If you can bear the looks of a 996, then these are the bargain of the century. Most of the dodgy engines would have blown up by now and they are still a great drive for £10G. They will come back in fashion as 964s did, you watch!
Chris
I have watched prices closely over the last 3 years and have seen 3.2 double in value. I turned down a white cad supersport for £16500 3 years back because of the gearbox and clutch were shot and it needed a new hood. I could have spent £5G on it and still made £10G profit...or just had free 3.2 enjoyment for the next 15 years! I am not even going to mention 3.3 Turbos because they were a dream that slowly drifted out of reach.
I think that 993s have been expensive for a long time and have recently become a bit more expensive.
This week I finally put my money where my mouth is!!! I have just bagged a '94 993 cab tip with 92000 for £19,350 and I am feeling quite pleased with myself. I know it's not a manual coupe vario but if anyone wants to lend me another £10G I will happily buy one
She looks very clean bar a few stone chips. Needs tax and a service but I still think I have done well. Getting her PPi'd on Thurs with Chelsea Carrera and then have some fun!If you can bear the looks of a 996, then these are the bargain of the century. Most of the dodgy engines would have blown up by now and they are still a great drive for £10G. They will come back in fashion as 964s did, you watch!
ChrisGassing Station | 911/Carrera GT | Top of Page | What's New | My Stuff