A £60k 993 C2 manual coupe. Am I crazy.
Discussion
I'm not sure whether to take the plunge or not.
It's a 1994 manual with 28000 miles on the clock beatified by MOT's and Porsche. Paint is perfect and it comes fully serviced.
It has an RS style body work and is in blue with black leather. Interior shows its age but is in no way worn.
Would it be worth the money?
It's a 1994 manual with 28000 miles on the clock beatified by MOT's and Porsche. Paint is perfect and it comes fully serviced.
It has an RS style body work and is in blue with black leather. Interior shows its age but is in no way worn.
Would it be worth the money?
Waitey said:
I'm not sure whether to take the plunge or not.
It's a 1994 manual with 28000 miles on the clock beatified by MOT's and Porsche. Paint is perfect and it comes fully serviced.
It has an RS style body work and is in blue with black leather. Interior shows its age but is in no way worn.
Would it be worth the money?
IMO No. It's top money for a narrow bodied 993. You've paying a massive premium for low mileage which will disappear if you add miles to the car. It's a 1994 manual with 28000 miles on the clock beatified by MOT's and Porsche. Paint is perfect and it comes fully serviced.
It has an RS style body work and is in blue with black leather. Interior shows its age but is in no way worn.
Would it be worth the money?
Pros: 993 C2, manual, coupe, 28k miles, black leather
Neutral: RS bodywork, Blue (which blue Midnight?)
Cons: Non-varioram, price
Questions:
1) Does it have hard backed sports seats (probably not as it's an early car)?
2) Is the history comprehensive (OPC, Porsche Indie)?
3) What else has been done other than standard servicing?
4) How does the interior show it's age if it's only done 28k miles?
You'd be better putting a wanted add out with a up to £60k for right car (late low miles 96-98 maunul 993 C2 varioram with hardbacked sports seats) and waiting for an owner to snap your hand off.
About £25k of the value of thar car is in the milage and the service history.....(most of it in the milage)
Are you confident the milage is correct and when you say full service history, I assume its been serviced every year .....not as and when the owner felt it was due to milage...
If it was me, I wouldn't touch it....the values in the low miles,so every mile you drive it will cost you...if you want a car to drive and enjoy, I would buy a much higher miler that's in equally great condition....
I don't wish to cast any dispersions on this car....but it's interesting to think how much mileage correction and forged documentation £10s of thousand can buy ..especially if cars have been shipped between different RHD markets...
Are you confident the milage is correct and when you say full service history, I assume its been serviced every year .....not as and when the owner felt it was due to milage...
If it was me, I wouldn't touch it....the values in the low miles,so every mile you drive it will cost you...if you want a car to drive and enjoy, I would buy a much higher miler that's in equally great condition....
I don't wish to cast any dispersions on this car....but it's interesting to think how much mileage correction and forged documentation £10s of thousand can buy ..especially if cars have been shipped between different RHD markets...
Essential said:
Price sounds spot on. Hard to find one with those miles and of the history stacks up. Someone will buy it for that. I know of a targa tip with proper miles that has sold for close to £50k recently.
If there are no stories that car will sell at that price
The fact that someone else was stupid enough to spend £50k on a 993 Targa tip, doesn't make this worth £60k.If there are no stories that car will sell at that price
For £60k the OP should be getting a mint late car. Might take time to find the right car but it would be better to wait.
Ok to answer some of the questions:
Full OPC history bar two recent ones from a classic car dealer it was sold by.
It has a certificate of authenticity from Porsche wish does not list the RS kit or speed line alloys it has.
No hard backs, it's too early for that.
It did 19k or its mileage in the first 6 years since then it's been stored/used for the odd run.
Interior shows its age only on the leather, which has age cracks rather than wear.
None oem head unit fitted.
Mileage verifications from both MOT's and the OPC.
Car looks to have had paint, but it's too a high standard.
Full OPC history bar two recent ones from a classic car dealer it was sold by.
It has a certificate of authenticity from Porsche wish does not list the RS kit or speed line alloys it has.
No hard backs, it's too early for that.
It did 19k or its mileage in the first 6 years since then it's been stored/used for the odd run.
Interior shows its age only on the leather, which has age cracks rather than wear.
None oem head unit fitted.
Mileage verifications from both MOT's and the OPC.
Car looks to have had paint, but it's too a high standard.
Hard to comment without seeing the car, but £60,000 is a lot of money, so it would need to be exceptional.
Obviously, manual coupes are desirable and the mileage is an important factor, but as commented above, the car needs a lot more than that to justify the price:
- 1994 is a very early model - many seem to prefer the later varioram models
- The condition should be immaculate throughout (interior should still be like new), with no further expenditure required
- Service history file should be exemplary - ideally OPC or top notch independent
- Should have low no of past owners
- Specification is important and should have all the desirable options including sports seats (ideally hardback, but were they available then?)
- 'Originality' is key. I think the body kit would devalue it, even if 'factory fit', but if it was 'aftermarket' then that would be a major negative.
Finally, remember that asking prices are being stretch to incredulous levels, and many cars are either not selling, or languishing until someone with more money than sense turns up.
Any pics?
Obviously, manual coupes are desirable and the mileage is an important factor, but as commented above, the car needs a lot more than that to justify the price:
- 1994 is a very early model - many seem to prefer the later varioram models
- The condition should be immaculate throughout (interior should still be like new), with no further expenditure required
- Service history file should be exemplary - ideally OPC or top notch independent
- Should have low no of past owners
- Specification is important and should have all the desirable options including sports seats (ideally hardback, but were they available then?)
- 'Originality' is key. I think the body kit would devalue it, even if 'factory fit', but if it was 'aftermarket' then that would be a major negative.
Finally, remember that asking prices are being stretch to incredulous levels, and many cars are either not selling, or languishing until someone with more money than sense turns up.
Any pics?
No photos sadly as I viewed on the off chance.
I think the owner is using this car for a pricing guide..
http://www.pistonheads.com/classifieds/used-cars/p...
I do love the yellow one actually but it's another with a later added RS kit.
I think the owner is using this car for a pricing guide..
http://www.pistonheads.com/classifieds/used-cars/p...
I do love the yellow one actually but it's another with a later added RS kit.
Its the mileage that's driving most of that value obviously.
There are very view air cooled 911 with such a low mileage. Doesn't mean its a perfect car of course.
I would leave it for the collectors who will probably pay that and then park it up with a sheet over it.
You can get a nice usable 993C2 manual for 40k.
But then again, its the price of a well specced new Cayman, so you can look at it many ways.
One things for sure I wouldn't hang about.
There are very view air cooled 911 with such a low mileage. Doesn't mean its a perfect car of course.
I would leave it for the collectors who will probably pay that and then park it up with a sheet over it.
You can get a nice usable 993C2 manual for 40k.
But then again, its the price of a well specced new Cayman, so you can look at it many ways.
One things for sure I wouldn't hang about.
Waitey said:
No photos sadly as I viewed on the off chance.
I think the owner is using this car for a pricing guide..
http://www.pistonheads.com/classifieds/used-cars/p...
I do love the yellow one actually but it's another with a later added RS kit.
Obviously the likes of Hexagon can, and will, be asking top money. I think the owner is using this car for a pricing guide..
http://www.pistonheads.com/classifieds/used-cars/p...
I do love the yellow one actually but it's another with a later added RS kit.
But, how long have they had that one? Nice mileage, but no year stated.
IMO it would be more desirable without the body kit and the fussy wheels - originality and purity are key.
graemel said:
Just make sure it all stacks up and is a good car. Then get it bought. A similar mileage Tip Targa sold for £65K. In the present market I do not think it is dear
That's because 99% of what you see is overvalued. Will it stay that way? Who knows?OP I'd suggest looking at it from another angle.
If you're buying to drive it, there are better value cars.
If you're buying it as an investment. It's already top money at present and doesn't tick all the boxes. I see the spec for an investment narrow bodied 993 as 'original, manual, C2, coupe, varioram (96-98), hardback seats, black leather, desirable colour, FSH (OPC or Indie), Low owners, low miles.
I'd want one to drive. Hence looking at 993's.
I like the colour combination on the Hexagon car. I'm now thinking it is a better option.
I only do 6000 miles a year so the hexagon car would still be sub 30k miles after a year of full use.
Trying to find a colour which isn't black or silver is starting to be a struggle. I much prefer reds and yellows.
I like the colour combination on the Hexagon car. I'm now thinking it is a better option.
I only do 6000 miles a year so the hexagon car would still be sub 30k miles after a year of full use.
Trying to find a colour which isn't black or silver is starting to be a struggle. I much prefer reds and yellows.
g7jhp said:
I see the spec for an investment narrow bodied 993 as 'original, manual, C2, coupe, varioram (96-98), hardback seats, black leather, desirable colour, FSH (OPC or Indie), Low owners, low miles.
I'd agree with that, with one caveat. I had two 993s - a C2 manual coupe and a Tip Cab, both bought new, but the nicest 993s I ever drove were both late C4 models. Waitey said:
Ok to answer some of the questions:
Interior shows its age only on the leather, which has age cracks rather than wear.
None oem head unit fitted.
Mileage verifications from both MOT's and the OPC.
Car looks to have had paint, but it's too a high standard.
For me the most important sign of true mileage is the condition of interior, you can fix everything else but not the original interior! For a low miler I would expect a minty mint interior, as far as classics go this is a recent (read 20 yr old) car so wouldn't expect to see age cracks which only appear through use & not by age itself, well not 20 yrs anyway - also where has it had the paint, bonnet and front spoiler is understandable but anywhere else would add to my hesitation.Interior shows its age only on the leather, which has age cracks rather than wear.
None oem head unit fitted.
Mileage verifications from both MOT's and the OPC.
Car looks to have had paint, but it's too a high standard.
Collectors pay top $$$ for a low miler for what it brings to the table and not just the low miles.
No investor who knows their onions would touch this car. It's not a standard car at all. To remove the bodykit would mean painting the car and then it's no longer an unpainted car. Investors want a car whose extras were specified and fitted at the time of build.
So yes, it's expensive, I cannot understand why for such a low mile car it has interior wear.
So yes, it's expensive, I cannot understand why for such a low mile car it has interior wear.
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