what is an 'early' 3.4 996?
Discussion
In interviews with Magnus Walker he always states that he bought the majority of his air cooled stuff when it was cheap and unpopular. I think his whole MO is to buy cheap unpopular Porsche, make them his own and enjoy them to the full.
It's probably not right to view him as a collector who will influence values.
It's probably not right to view him as a collector who will influence values.
Fast Bug said:
I think the miles mine has done its value is the sum totally of diddly squat and would remain that way unless there was a huge jump in price. As long as I don't lose my shirt on it then I'm happy
This. Mine is now definitely tailored to me. Probably not worth anything. Goes well though! In general there were a lot of 996's made in comparison to the 964 / 993 so the supply / demand hasn't really tipped too much keeping prices at a relatively similar level for a while.
However looking at a very specific 996 spec, for example the 'desirable' tin-top 996.1 C2 + Aerokit in a strong colour they are in relatively small supply and growing demand will probably ensure there is a micro-climate within the price range of 996's meaning they continue to gap the more plentiful specs.
For a speculator who may moth-ball the car (so less risk of IMS, yadda yadda...) it wouldn't be a bad punt to take adding a 996.1 aero kit to the collection at the current prices? They will demand the best possible car and pay accordingly (within reason) driving the gap.
I wonder how many of the aircooled owners were able to cash in and step straight into a water cooled 911 and pocket the cash therefore still able to own and enjoy a 911? We obviously won't have that ability to trade from one 911 to another and cash in which may influence our decisions.
Ultimately I hope the prices don't do anything silly so I can still enjoy my 996 and at a stretch afford a decent engine rebuild at current cost relative to value of my car.
However looking at a very specific 996 spec, for example the 'desirable' tin-top 996.1 C2 + Aerokit in a strong colour they are in relatively small supply and growing demand will probably ensure there is a micro-climate within the price range of 996's meaning they continue to gap the more plentiful specs.
For a speculator who may moth-ball the car (so less risk of IMS, yadda yadda...) it wouldn't be a bad punt to take adding a 996.1 aero kit to the collection at the current prices? They will demand the best possible car and pay accordingly (within reason) driving the gap.
I wonder how many of the aircooled owners were able to cash in and step straight into a water cooled 911 and pocket the cash therefore still able to own and enjoy a 911? We obviously won't have that ability to trade from one 911 to another and cash in which may influence our decisions.
Ultimately I hope the prices don't do anything silly so I can still enjoy my 996 and at a stretch afford a decent engine rebuild at current cost relative to value of my car.
Anyone thinking a 996 is a good financial investment needs their head seeing to.
Its illiquid and high risk.
The next car bubble will be whatever the cars the wealthy at the time desire, you can't predict what those might be. This time it was old Fords and Porsches that did well, next time the conditions are right for a bubble it might be Nissan Leafs, who knows cars are getting so uncool these days there might never be another.
For the people fuelling the aircooled bubble the car was culturally embedded, an economic enabler and socially aspirational. For the next generation, ICE cars are toxic.
Mine hasn't lost money in the 6 years I've had it (if you ignore inflation).
Thats probably about the best you could hope for, along with avoiding mechanical catastrophe.
Its illiquid and high risk.
The next car bubble will be whatever the cars the wealthy at the time desire, you can't predict what those might be. This time it was old Fords and Porsches that did well, next time the conditions are right for a bubble it might be Nissan Leafs, who knows cars are getting so uncool these days there might never be another.
For the people fuelling the aircooled bubble the car was culturally embedded, an economic enabler and socially aspirational. For the next generation, ICE cars are toxic.
Mine hasn't lost money in the 6 years I've had it (if you ignore inflation).
Thats probably about the best you could hope for, along with avoiding mechanical catastrophe.
The more conventional 911 styling will always act in the 997.1 favour. The £15k gap between the gen 1 and gen 2 is a big influence however there is an overlap in prices between a 996 and 997.
Recently I only had a budget that saw me at the lower end of the 996 market so I didn't have the dilemma of whether to buy a 996 or 997! A few years ago I had a budget of £20k and couldn't decide between a nice 996 C4S and a yellow 997.1 C2. In the end I talked myself out of it because I read too much on the internet...
Recently I only had a budget that saw me at the lower end of the 996 market so I didn't have the dilemma of whether to buy a 996 or 997! A few years ago I had a budget of £20k and couldn't decide between a nice 996 C4S and a yellow 997.1 C2. In the end I talked myself out of it because I read too much on the internet...
IMS,bore scoring or over-heating (cracked cylinder heads) and etc. engine problems aside, the 996 has full of fragile, low-quality and somehow expensive parts. Not to mention, how hard to access and demands loads of labour work even for smaller tasks. All these maintenance part and labour cost would add up, no wonder many original first owners got rid of them as soon as the warranty expired. The unpopular look (Fried egg) and stretched body-styling also somehow too "non-porsche" for me.. But great cars, if you have 15k to burn to drive flat 6 around for a small amount of time as a second car/toy
roca1976 said:
In general there were a lot of 996's made in comparison to the 964 / 993 so the supply / demand hasn't really tipped too much keeping prices at a relatively similar level for a while.
It's interesting if you look on How Many Left that the numbers of 993 and early 996 are virtually identical so supply/demand should be the same really for them - obviously later ones were much higher numbers.roca1976 said:
according to Wiki there were 68k 993 produced and PCGB state 4.8k UK cars (excl imports, etc)
In comparison there were 175k 996 produced (not sure how many UK cars)
Right but I think 996driver ( I wander what car he drives?!? ) is saying that the earlier cars were not very plentiful. If you divide the number equally between 996.1 and 996.2 then you would only have half. Yes I did get my gcse in maths. Then take out all the many c4s cars which seem to be everywhere and turbos and what not and you dont have many 996.1 left. There are always loads of c4s for sale. I think it's the most popular model for sale and therefore probably in production numbers too.In comparison there were 175k 996 produced (not sure how many UK cars)
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