911s 2nd hand - price trends
Discussion
On the basis that the basic market trends in France are probably similar to those in the UK, thought some of you might be interested by a synopsis of an analysis of 911 price trends from the french magazine Flat 6 that does an annual review from May the previous year to May current year. It was certainly to my benefit to buy my LHD 993TT in the UK rather than over here, and if the £ drops versus the € I'm going to start a business importing left hookers from the UK!
Classics (pre-'74)
Prices have risen steadily, particularly 2.0 65 and S's have jumped 10 k€.
RS 2.7
Biggest ever jump in prices by 30 to 40k€. Tourings are now valued at 50 to 120 k€ depending on condition, with lightweights 10 k€ more.
70's models
2.7s (5 to 18 k€), S's (20 k€ tops) and Carreras (11 to 32 k€) have risen gently in price, but originality is everything.
SC
After a surprise hike in prices at the last review, the SCs have dropped over the last year, now 6 to 19 k€ depending on condition. Cabriolets have remained stable (7 k€ more more than SCs).
Carrera 3.2
After dropping in 2004, 3.2 prices have started rising again. Price difference between 915 and G50 boxed versions closing up, now only 1 k€, overall price range 8.5 to 26 k€ depending on condition. Cabrios particularly in demand, G50 versions up 2 k€ over the year to up to 29 k€.
Turbo 3.0 and 3.3
3.0s have risen by 4 k€ over the year (8.5 to 35 k€), 3.3s have dropped by 1 k€ (12 to 32 k€). Former judged more collectable.
Speedster
Up again, as every year, this time by 3 k€. (33 to 51 k€)
964
Prices down by around 1.5 k€, cabrios dropped more. At this rate, will be worth less than 3.2s. Price guide 19 to 31 k€.
964 RS
After rising in 2002-03, stabilising last year, this model has dropped in value by 1.5 k€ this year. Track drivers changing their interests to 993 RSs and Cups of all kind. Price range 38 to 53 k€.
964 Turbo
3.3 continues to fall, 1.5 k€ over past year, price range now 32 to 37 k€. 3.6 rested stable, 42 to 50 k€.
993
Prices stayed high until the beginning of 2003, then dropped suddenly in 2004, and have now stabilised and started climbing again. Theory that this is a spin-off of the 997 look, but too early to to confirm the trend. 2 k€ price difference between varioram/non varioram models, X51s worth 9 k€ more than normal models! Price guide 33 to 46 k€. 'S' models 47 to 51 k€.
993RS
After jumping in price last year, the prices have remained stable this year, range 63 to 71 k€.
993TT
Dropped throughout 2004, but have recovered over the last 2 months. Total drop in year of about 3 k€. Price range 52 to 65 k€, with Ss up to 20 k€ more. GT2s rest high, 120 to 150 k€.
996 3.4
Dropping fast, 5 to 7 k€ lost over past year. Range 39 to 52 k€.
996 GT3
Biggest drop of any model over the last year, losing 7 k€. Cheap GT3s now below good 993RSs. Range 68 to 75 k€.
996 3.6
Normal depreciation for a recent car, range 55 to 65 k€, up to 75 k€ for a cabrio.
Subsequent cars too recent to really say anything more, other than they will depreciate like any modern car.
If anyone is interested in the detailed price range table, let me know and I'll scan it.
Classics (pre-'74)
Prices have risen steadily, particularly 2.0 65 and S's have jumped 10 k€.
RS 2.7
Biggest ever jump in prices by 30 to 40k€. Tourings are now valued at 50 to 120 k€ depending on condition, with lightweights 10 k€ more.
70's models
2.7s (5 to 18 k€), S's (20 k€ tops) and Carreras (11 to 32 k€) have risen gently in price, but originality is everything.
SC
After a surprise hike in prices at the last review, the SCs have dropped over the last year, now 6 to 19 k€ depending on condition. Cabriolets have remained stable (7 k€ more more than SCs).
Carrera 3.2
After dropping in 2004, 3.2 prices have started rising again. Price difference between 915 and G50 boxed versions closing up, now only 1 k€, overall price range 8.5 to 26 k€ depending on condition. Cabrios particularly in demand, G50 versions up 2 k€ over the year to up to 29 k€.
Turbo 3.0 and 3.3
3.0s have risen by 4 k€ over the year (8.5 to 35 k€), 3.3s have dropped by 1 k€ (12 to 32 k€). Former judged more collectable.
Speedster
Up again, as every year, this time by 3 k€. (33 to 51 k€)
964
Prices down by around 1.5 k€, cabrios dropped more. At this rate, will be worth less than 3.2s. Price guide 19 to 31 k€.
964 RS
After rising in 2002-03, stabilising last year, this model has dropped in value by 1.5 k€ this year. Track drivers changing their interests to 993 RSs and Cups of all kind. Price range 38 to 53 k€.
964 Turbo
3.3 continues to fall, 1.5 k€ over past year, price range now 32 to 37 k€. 3.6 rested stable, 42 to 50 k€.
993
Prices stayed high until the beginning of 2003, then dropped suddenly in 2004, and have now stabilised and started climbing again. Theory that this is a spin-off of the 997 look, but too early to to confirm the trend. 2 k€ price difference between varioram/non varioram models, X51s worth 9 k€ more than normal models! Price guide 33 to 46 k€. 'S' models 47 to 51 k€.
993RS
After jumping in price last year, the prices have remained stable this year, range 63 to 71 k€.
993TT
Dropped throughout 2004, but have recovered over the last 2 months. Total drop in year of about 3 k€. Price range 52 to 65 k€, with Ss up to 20 k€ more. GT2s rest high, 120 to 150 k€.
996 3.4
Dropping fast, 5 to 7 k€ lost over past year. Range 39 to 52 k€.
996 GT3
Biggest drop of any model over the last year, losing 7 k€. Cheap GT3s now below good 993RSs. Range 68 to 75 k€.
996 3.6
Normal depreciation for a recent car, range 55 to 65 k€, up to 75 k€ for a cabrio.
Subsequent cars too recent to really say anything more, other than they will depreciate like any modern car.
If anyone is interested in the detailed price range table, let me know and I'll scan it.
Some of the trends seem to fit with the UK,,,I am sure UK is a larger market for Porsche than France.
I would expect the rhd UK to have it's own market nuances here and there, where France must be more typical of mainland Europe with lhd.
Where are the prices for the turbocharged 996 variants these will have been hit harder than the GT3 as they cost more when new.
I would expect the rhd UK to have it's own market nuances here and there, where France must be more typical of mainland Europe with lhd.
Where are the prices for the turbocharged 996 variants these will have been hit harder than the GT3 as they cost more when new.
May be interested, once met the publisher of Flat 6, sound guy with an incredible stable. Ice racing cars, DTM, rally, F40, RUF, half size Countach.
PS he also owns Abbeville circuit near Boulogne. link here: www.stadium-automobile.com/
Sam
>> Edited by s3am on Sunday 15th May 21:53
PS he also owns Abbeville circuit near Boulogne. link here: www.stadium-automobile.com/
Sam
>> Edited by s3am on Sunday 15th May 21:53
rubystone said:
I'm a bit mystified by the lower ranges - EU40k for a low end RST - I wish! - I think you'd be lucky to find one for GBP 40k.
Fair comment - that price is listed as "for restoration - complete mechanical rework required and/or bodywork rebuild necessary". Part of the problem is that they only seem to come onto the open market AFTER the rebuild...
clubsport said:
Where are the prices for the turbocharged 996 variants these will have been hit harder than the GT3 as they cost more when new.
It was just a synopsis!
The 996TT priice trend is not clearly defined yet as it can still be bought new. What they do say is "It is worth noting that the 996TT risks being a special case for depreciation as it has been produced for 5 years without modification. As the prices drop, the prices of more recent ones will be dragged down by the depreciated older ones, as for equal mileage, they won't be any more interesting than the older ones." Guide price starts at 65 k€.
s3am said:
May be interested, once met the publisher of Flat 6, sound guy with an incredible stable. Ice racing cars, DTM, rally, F40, RUF, half size Countach.
The magazine is published by "Editions Stevens", that is run by Gilles Stievenart. Is he the guy you're referring to?
Must be nice to have your own racing circuit to play on...
BCA said:
His one true love certainly isnt an Evo 7 RS
I wonder if his small countach had the same treatment in order to become small??
Haha, I saw that vid, wondered if it was him or one of his teachers in the ecole du pilotage! Think it was him though having seen him drive that EVO, have some footage of my own of him... quite a nutter is an understatement! May try and post it on PH.
Sam
nel said:
The magazine is published by "Editions Stevens", that is run by Gilles Stievenart. Is he the guy you're referring to?
Must be nice to have your own racing circuit to play on...
That's him, thoroughly nice bloke. I was there with a load of guys who couldn't/didn't speak french and some even thought he was the caretaker of the circuit! I did my best and he showed me personally round his whole (part?) collection.
Fantastic.
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