Future value of a 996 C4S
Discussion
OK, so a 996 C4S is not at status levels of 993 Turbos, 964 RS etc. but I have a 2003 C4S in seal grey. Its low owners (3), low miles (52k) and full Porsche service history.
I've owned it for 2 years and it was bought as a weekend toy. I'm in the midst of selling it but part of me wants to hold onto it for future value.
Does the masses think it will increase in value? I currently value (IMO) at £20k.
I don't need to sell it but have considered to in order to makes space for other cars/bikes.
I think in general, older porsches are becoming quite sought after and although not now...will the C4S go the same in 5-10 years plus?
Cheers
I've owned it for 2 years and it was bought as a weekend toy. I'm in the midst of selling it but part of me wants to hold onto it for future value.
Does the masses think it will increase in value? I currently value (IMO) at £20k.
I don't need to sell it but have considered to in order to makes space for other cars/bikes.
I think in general, older porsches are becoming quite sought after and although not now...will the C4S go the same in 5-10 years plus?
Cheers
IMHO, only the GT & Turbo 996 cars have any possibility of increasing in value enough to justify keeping them & spending money looking after them; I suspect that they've already achieved 80% of their final value in the next 5-10 years anyway. Yours isn't even ultra low miles so is doubly unlikely to see an increase worth waiting years for.
nxi20 said:
IMHO, only the GT & Turbo 996 cars have any possibility of increasing in value enough to justify keeping them & spending money looking after them; I suspect that they've already achieved 80% of their final value in the next 5-10 years anyway. Yours isn't even ultra low miles so is doubly unlikely to see an increase worth waiting years for.
+1.It will obviously be worth slightly more than a 5 owner 80k mile car, but I can't see anything that would make (non-turbo / non-GT) 996s become desireable. I think the engine issues will always place a ceiling on them - plus, they were probably the ugliest 911 to date (and I say that as a 996 turbo owner).
davek_964 said:
+1.
It will obviously be worth slightly more than a 5 owner 80k mile car, but I can't see anything that would make (non-turbo / non-GT) 996s become desireable. I think the engine issues will always place a ceiling on them - plus, they were probably the ugliest 911 to date (and I say that as a 996 turbo owner).
Remember the same was probably said about 964's issues - they used to have dodgy engines and be worthless.It will obviously be worth slightly more than a 5 owner 80k mile car, but I can't see anything that would make (non-turbo / non-GT) 996s become desireable. I think the engine issues will always place a ceiling on them - plus, they were probably the ugliest 911 to date (and I say that as a 996 turbo owner).
I think the 996 C4S is a good looking car and a nice manual coupe will always to sort after. It may not gain much, but it's not going to lose much and as more cars go PDK these early watercooled cars will gain a following.
g7jhp said:
Remember the same was probably said about 964's issues - they used to have dodgy engines and be worthless.
I think the 996 C4S is a good looking car and a nice manual coupe will always to sort after. It may not gain much, but it's not going to lose much and as more cars go PDK these early watercooled cars will gain a following.
For 964s it was due to exploding DMFs which - while annoying on a new car - is easily solved. And oil leaks some of which Porsche fixed under warranty. These days there aren't really any 964s on the original DMF.I think the 996 C4S is a good looking car and a nice manual coupe will always to sort after. It may not gain much, but it's not going to lose much and as more cars go PDK these early watercooled cars will gain a following.
I think that's quite different from terminal engine failure from IMS or bore score / D chunking.
It may go up in 5-10 years, but it's a maybe and you'd have to factor in whether or not you'd want to keep it that long. I've never kept a car that long! I'm sure they will become more desirable, but not to the GT/Turbo levels.
Coincidentally I am considering buying a C4S, have you got a link?
Coincidentally I am considering buying a C4S, have you got a link?
Tricky one. Several years ago they held their value quite well but then started to drop. Not long ago you could pick an ok one up for £16K. Prices I believe have increased slightly & will be very slightly buoyed up because 996 turbo prices are increasing & some folk who will want a 996 turbo but can't afford one will be tempted to get 'the turbo look' & go for one of these instead. I doubt very much prices are going to really bounce tbh. Turbo's & GT cars I would say are pretty safe money.
Don't see massive price hikes coming any time soon, will be a while before the 996 achieves classic status, during which you'd have probably spent more in servicing/VED/consumables. And then you have the perceived chocolate engines problem...
I think £20k is a little ambitious for a private sale, and I say that as a fellow owner.
I think £20k is a little ambitious for a private sale, and I say that as a fellow owner.
davek_964 said:
nxi20 said:
IMHO, only the GT & Turbo 996 cars have any possibility of increasing in value enough to justify keeping them & spending money looking after them; I suspect that they've already achieved 80% of their final value in the next 5-10 years anyway. Yours isn't even ultra low miles so is doubly unlikely to see an increase worth waiting years for.
+1.I think the C4S will always have a premium over the rest of the Carrera range, but it won't buck the trend, and the residuals will just follow the rest of the Carreras (+x%)
Sold mine to a dealer last year. Was a 54 plate, good spec (PSE) with 55k miles. Got 16k for it. I think it went on sale for around 20k. Four years ago you could spend 30k on a C4s so they have dropped slowly but steadily.
Values now seem to be hovering around 16 - 22k, pretty static but not really going up. Holding better than the cooking Carrera 2 / 4 models though.
I did enjoy the car but the engine issues were at the back of my head and any strange sounds made me paranoid!
Hold on the car if you like it but I wouldn't expect it to rise like the GT2. They seem to have doubled in value!
Values now seem to be hovering around 16 - 22k, pretty static but not really going up. Holding better than the cooking Carrera 2 / 4 models though.
I did enjoy the car but the engine issues were at the back of my head and any strange sounds made me paranoid!
Hold on the car if you like it but I wouldn't expect it to rise like the GT2. They seem to have doubled in value!
If you can afford to keep it
One of the best looking Booty's around
We have bought 2 this week, 1 tip and 1 manual.
Awesome looking cars and the sound from that exhaust.
We could of bought early 997's for similar price but no comparison and these will be keepers.
One of the best looking Booty's around
We have bought 2 this week, 1 tip and 1 manual.
Awesome looking cars and the sound from that exhaust.
We could of bought early 997's for similar price but no comparison and these will be keepers.
Edited by Rulu on Saturday 2nd May 06:25
Not going up, but not going down either - therefore the perfect Porsche if you need a car to actually drive, get to work etc. As a C4S owner, I would take pleasure if it was going up in value, but I might use it less to keep the miles down and as a result get less pleasure from it. The most sought after examples will be manual , PSE, good colour combination, condition and history.
The latest Total 911 magazine (issue 126) has a feature on 911s for investment - Jamie Tyler from Paragon reckons they'll soon be on the up.
The latest Total 911 magazine (issue 126) has a feature on 911s for investment - Jamie Tyler from Paragon reckons they'll soon be on the up.
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