Air cooled values.
Air cooled values.
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Original Poster:

442 posts

170 months

Tuesday 20th August 2013
quotequote all
Firstly I apologise as 'values' threads appear to sometimes be frowned upon however I do find myself wondering about the future values of certain models of air cooled 911s which of course includes my own 993.

It seems that all air cooled cars generally hold their money and some are on the up. What determines this? Low mileage? Obviously condition and history are paramount but things being roughly equal will sub 100k milers always command a premium or will we see a rise across the range of mileages?

Crystal ball stuff but what's peoples opinions?

SEE YA

3,522 posts

274 months

Tuesday 20th August 2013
quotequote all
Well air cooled values seem to be holding up well, people are now however thinking twice before buying.
I never thought my one, would go up so much in the last five years.
I could not afford to buy one now, plus its harder to find a good one you are looking at £30k-£50k?
It was hard for me five years ago to find the right car.
Condition is a huge factor miles come into play I looked at some low ones they were in bad condition. A nice paint job can hide many a horror for a new owner.
My one had the top end done all ready and had been looked after bills serviced more than it should have been. I have spent money on it each year upkeep etc, as you have to look after them even if you do not use it that much.

There is also a lot of poor 911's other there for sale? People are holding on to there cars a bit longer these days as well.
I have noticed people, are looking more for a the classic looking 911 than the new water 911's.
People's taste changes what they want one year, they hate the next prices go up and down.
The buyer is always king, a 911 is not top of a buy list these days. People are also looking for stock cars not messed with otherwise its an even smaller market for the seller.
What you think your car is worth, and what you get is not always the same?
People also want more for their money today, I buy on condition not miles.
What are people's reason for buying a Porsche they are not all the same for people.
My choice it was my dream car from a small boy, others a investment etc.




As for me, its not about the money its the 'EVERY MILE IS A SMILE' factor.
I count myself very lucky, to the car in the first place.



Edited by SEE YA on Tuesday 20th August 21:33

OlberJ

14,101 posts

262 months

Tuesday 20th August 2013
quotequote all
They're about to go through the roof, buy your 964 C2 Coupes now. Or spring next year from £30k plus whistle

Nurburgsingh

5,538 posts

267 months

Tuesday 20th August 2013
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Condition condition condition. Unless its a sub 50k miles car in my opinion. Same as most buyers I looked and called up about lots before getting mine. It wasnt my first choice of colour combo but the ones that were didn't 'feel' right so I ended up with Iris and grey which has grown on me.

ClassicCarMad

385 posts

202 months

Tuesday 20th August 2013
quotequote all
Only low mile concours stuff.
Just because its air-cooled doesn't mean you're sat on a nest egg.

mollytherocker

14,464 posts

238 months

Tuesday 20th August 2013
quotequote all
I am pretty sure that they're all on the way up. Some more than others of course.

Is there any air cooled car that is worth less today what is was 2 years ago? I don't think so.

As more cars go east and supply drys up, only one outcome is possible.

mollytherocker

14,464 posts

238 months

Tuesday 20th August 2013
quotequote all
DELETED: Comment made by a member who's account has been deleted.
New money Collectors.

993kimbo

3,003 posts

214 months

Tuesday 20th August 2013
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I've lost quite a lot on my last two 993's when I came to sell them. They cost a fortune to maintain every year and they don't seem to rise in value that much. Maybe they will go the way of the 964. By the time that happens I'll have probably spent another £15k on the Money-pit.

Edited by 993kimbo on Tuesday 20th August 20:30

Cedric's Dad

91 posts

202 months

Tuesday 20th August 2013
quotequote all
If you can drive it, maintain it, enjoy the ownership and still get your money back then what more do you need?

Cheib

25,375 posts

204 months

Tuesday 20th August 2013
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Interesting...Porsche made as many 964's as they did 993's....well near as damn it 62,000 vs 68,000. very similar numbers of Turbo's and they made twice as many 964 RS and they did 993 RS.

993's "depreciation" is the maintenance...a bit like owning helicopters. They don't depreciate a lot but cost a lot to maintain. Mate of mine has had a 993 Targe for ten years now....it's worth probably £5k less than he paid for it but he reckons it's cost £1k to £2k per annum to maintain. That's with a central London Porsche specialist.

993kimbo

3,003 posts

214 months

Tuesday 20th August 2013
quotequote all
Problem is, you don't get your money back on any of the maintenance costs. Mine's been a minimum of £3k every year with an inexpensive garage. I did two grand last week on a clutch and flywheel.

mollytherocker

14,464 posts

238 months

Tuesday 20th August 2013
quotequote all
993kimbo said:
Problem is, you don't get your money back on any of the maintenance costs.
Indeed, but that's a different thread and is the same with any old car.

The question was about values.

993kimbo

3,003 posts

214 months

Tuesday 20th August 2013
quotequote all
Fair enough MTR.

I think under 100k will always command a premium (rightly or wrongly).

In the 993's case, C2S, C4S, RS, and manual NB Varioram Coupes would be what I'd put my money on. I lost a bomb on my Targa.

mollytherocker

14,464 posts

238 months

Tuesday 20th August 2013
quotequote all
993kimbo said:
I think under 100k will always command a premium (rightly or wrongly).
.
Damn it, mines got 101k on it!

Crimp a Length!

5,697 posts

252 months

Tuesday 20th August 2013
quotequote all
Values may go up but you will not be better off, unless like me you don't keep them 2 mins. wink
Unit cost & life cost are 2 different arguments.

I would also say that its the low mile concours stuff which will rise, and even then you won't enjoy it for fear of putting miles on, so it becomes an ornament.

An old SC/3.2/964 nail or a leggy vanilla 993 won't go up in value.

993kimbo

3,003 posts

214 months

Tuesday 20th August 2013
quotequote all
You've had it MTR. Worth nothing.

Mine's on around 97,000 which means I daren't drive it. Every mile is not a smile. It's about fifty quid.

Crimp a Length!

5,697 posts

252 months

Tuesday 20th August 2013
quotequote all
mollytherocker said:
993kimbo said:
I think under 100k will always command a premium (rightly or wrongly).
.
Damn it, mines got 101k on it!
Just dropped 5k now that mate........ tongue out

SEE YA

3,522 posts

274 months

Tuesday 20th August 2013
quotequote all
993kimbo said:
You've had it MTR. Worth nothing.

Mine's on around 97,000 which means I daren't drive it. Every mile is not a smile. It's about fifty quid.
If you are not driving the car time to sell it, get something you can drive and 'EVERY MILE IS A SMILE'

mollytherocker

14,464 posts

238 months

Tuesday 20th August 2013
quotequote all
Crimp a Length! said:
An old SC/3.2/964 nail or a leggy vanilla 993 won't go up in value.
I don't agree, I think they all will rise. Even leggy ones. It's all relative.

I met a guy on Sunday who has a 3.2 with 163k miles on it. It was fking more minty than anything I have seen for ages, absolutely gorgeous. Rare silver too.

Worth 25k+ all day as far as I am concerned.

ClassicCarMad

385 posts

202 months

Tuesday 20th August 2013
quotequote all
mollytherocker said:
Crimp a Length! said:
An old SC/3.2/964 nail or a leggy vanilla 993 won't go up in value.
I don't agree, I think they all will rise. Even leggy ones. It's all relative.

I met a guy on Sunday who has a 3.2 with 163k miles on it. It was fking more minty than anything I have seen for ages, absolutely gorgeous. Rare silver too.

Worth 25k+ all day as far as I am concerned.
With those sort of miles on you are having a giraffe my friend.............never.