The £5k 911. Will it ever happen?

[Paul O]

What do you reckon?

996's are now appearing in the classifieds starting with a 7, how much further will they fall?

I think the older 911's are now static in price, surely it can't be long before the market wakes up to the 996 also. I guess as more of them are either crashed, sold for spares or the engines have melted will bring the numbers down further.

997's aren't coming down at a rapid pace so nothing really to push 996 further other than desirability? Porsche in their wisdom sold about 5 million 997's a month, but as the design is generally preferred to 996, even with plentiful stock I can't see those taking a huge tumble much below £10k...

But am I wrong? Are we going to get to the £5k or even £3k 911 in the next 5-10 years?

[LordHaveMurci]

Porsche in their wisdom sold about 5 million 997's a month,
[/quote]

Really, I assume this is a tongue in cheek comment?

No reason why the really ropey 996's won't drop to £5k I guess, below that & they really would be worth more in parts surely?

[Paul O]

LordHaveMurci said:

me said:

Porsche in their wisdom sold about 5 million 997's a month,

Really, I assume this is a tongue in cheek comment?

yup, stretched the truth a smidge as there are loads for sale at the min on the classifieds compared to the 991, 996 etc.

[pikey]

I bought this for 4k five years ago. (1982 911SC)



Cracking car - got me into Porsche. Changed it for a Cayman, then a 997 then a Cayenne

[Boxstercol]

Very pretty.... The cars nice too.

[M@1975]

Beard brigade (I'm joking don't get your knickers in a twist) will tell you the 996 is worth '4 pence hapenny' and overpriced at that but in reality they have probably hit the bottom end for a good one. You can buy any car for buttons if you look hard enough, if you found one for anything around the £5k mark would you touch it? No, not unless you are going to break it of you are mentally deficient.

[dunster]

Is there an up to date buying guide for 996's? I can find a few but they're from years ago, I wondered if there was a more recent one including £7k cars and what to look for, what to completely walk away from etc? Again I have had a search but can't find anything, thanks a lot.

[shantybeater]

I don't think 996's will fall much further, as mentioned above the 997 is generally preferred but due to the cheap purchase price vs service cost I reckon the run of the mill 996 will eventually become a much rarer sight. This could in theory drive prices back up.

[Andyc4s]

its already happened, whilst at uni i worked at a car auctions (1998/1999) and plenty of nasty 70's 2.7's went for under 5k. if only we new

[Slobberchops]

Can't see how they will drop to that level other than for ropey tiptronic models with massive miles in a dodgy colour with Nephrite green interior.

The Boxster below it has bottomed out in my opinion, having been a previous owner I have kept an eye on these since getting my 996.

I have said it before, but when cars become even more anaesthetised by emissions and safety than they already are, "even" the 996 will stand out as something of interest.

[LasseV]

Slobberchops said:

I have said it before, but when cars become even more anaesthetised by emissions and safety than they already are, "even" the 996 will stand out as something of interest.

Yes, it is interesting car. Cable throttle, hydraulic steering system, real engine noises, quite light without electrical nonsense and it is just right sized. Looks gorgeous too.

Future classic, at least some models.

[Markh]

But I think right is saying, the 996 was Porsches first true mass production 911?, I did see somewhere they made over 130,000 units of the 996 against (I think) 60.000 964's

[fel71]

Andyc4s said:

its already happened, whilst at uni i worked at a car auctions (1998/1999) and plenty of nasty 70's 2.7's went for under 5k. if only we new

I remember 60's cars being 3K in the 80's, some 911 sc's were down at 6.5K in the early 90's, Early Carreras were 9K in the 00's, 964's 9K in '05, even some 993's got down to early teens in '07 they all seem to come back given time, but production numbers will always be a limiting factor, so 997's & 991's your time will come.
The trick is to buy when they are at the top of the market and then be the person of ridicule with your mates when they reach the bottom (it's worked for me for the last 25 years)

[rimkah]

Markh said:

But I think right is saying, the 996 was Porsches first true mass production 911?, I did see somewhere they made over 130,000 units of the 996 against (I think) 60.000 964's

993 Carrera Cpe(272/285)- 23127
993 Carrera Cab(272/285)- 15489
993 Carrera S Cpe - 3714
993 Carrera 4 Cpe(272/285)- 4744
993 Carrera 4 Cab(272/285)- 2422
993 Carrea 4S Cpe - 6948
993 Targa -4538

996 Carrera Cpe(300/320)- 37756
996 Carrera Cab(300/320)- 31122
996 Carrera 4 Cpe(300/320)- 25286
996 Carrera 4 Cab(300/320)- 18822
996 C4S Cpe-17298
996 C4S Cab-5757
996 Targa- 2693

[shoestring7]

Paul O said:

W Porsche in their wisdom sold about 5 million 997's a month

Aside from the fact you think Porsche are stupid to sell lots of 911s, and think the prices of old 911s have 'stabilised', here are some 911 production numbers for you:

Year Model Volume
1963 901 13
1964-67 911 10,723
1967-69 9115 5,056
1968-69 911T 6,318
1968 911L 11,610
1969 911E 2,826
1970-71 9117 15,082
1970-71 911E 4,927
1970-71 911S 4,691
1972-73 911T 16,933
1972-73 911E 4,406
1972-73 911S 5,094
1973 911 Carrera RS2.7 1,590
1974 911 Carrera RS3.0 109
1974-77 911 17,260
1974-77 911S 17,124
1974-75 911 Carrera 3,353
1974-77 911 Turbo 3,227
1976-77 911 Carrera 3,691
1978-89 911 Turbo 17,425
1978-83 911SC 57,972
1984-89 911 Carrera 49,629
1984 911SC/RS 20
1987-88 959
2831989 911 (C3.2, turbo, 964 Carrera 4) 16,488
1990 911�� 17,768
1991 911 (non turbo) 20,072
1991-92 911 Turbo 3,808
1991 911 Carrera RS 2,398
1992 911 12,415
1992 911 Turbo S 80
1993 911 7,265
From 1993 911 Turbo 3.6 75
1993 911 Jubilee Model 600
1994 911 (964 & 993) 12,128
1995 911 14,647
1996 911 21,602
1997 911 15,972
1998 911 (993 & 996) 13,783
1999 911 28,040
2000 911 20,979
2001 911 27,275
2002 911 33,013
2003 911 29,547
2004 911 23,146
2005 911 (996 & 997) 28,608
2006 911 36,504

In short, Porsche have achieved enormous success with the water-cooled cars, not only did volumes increase from 1998 onwards, but profitability per unit increased hugely (in spite of a real decrease in prices) allowing significant investment in future models - something Porsche had always struggled with. If it weren't for Wiedeking's hubris they would still be an independent company. However, sales of 30,000 or so unit world-wide are still not huge in the scheme of things; in 2009 Honda sold 600,000 Civics.

As for long term prices, they will follow the usual 'normal' old-car pattern; once they reach 20 years or so the market will stratify into cars that are uneconomic to run or repair and those that are in good condition. The latter will increase in value, the former will sell for a scrap/spares value.

SS7

[Slobberchops]

Would be interesting to see how many survive relative to previous models. I suspect because they are relatively unloved the casualties would be proportionately higher.

[stuttgartmetal]

They break for more.

[Callughan]

Portiacraft had a 993 for £13k last year so trade in was prob under £10k.

Guess depends on the condition on the car.

[Craigybaby69]

Supply. Demand.

[SalesManager]

996 is worth '4 pence hapenny' and overpriced at that.