Prices on 996 on the rise - 1998 996 for AU$58,900 at Richmonds

Dont tell me this doesn't look like an amazing car! http://richmonds.com.au/portfolio/19...e-911-carrera/ Manual Silver 996 with black interior and GT3 alloys. What the internet says about the 996 and those early lights and what the public thinks are two different things. I have to say, a good early coupe 996 is a very rare thing over here in Australia. Plus, I just bought almost this exact car with way less miles but in tiptronic form with 3-spoke steering wheel and traction control a couple of months back for $15k less. :-)

What every pissant follower says about fried egg headlights and continually harping on IMS failures is clear testament that most speak just to hear themselves knowing that they have nothing intelligent to add to a conversation. 996/986 headlamps are a direct borrow from the GT1; talk about lineage! Who ever bemoans that a GT1 is ugly? A 911 is a race car for all tense and purposes. Treat it like one, change the oil ridiculously often and no IMS failure will ever visit you. Fail to rev it beyond 4500 rpm and change oil like it�s a Camry (no offense intended) and expect to have a lovely paperweight parked in your driveway. I think (depreciation aside) that 996 prices were artificially depressed by the air cooled crowd and automotive journalists that were looking for something to write about. Prices are finally normalizing and rightfully so for a design that was far ahead of the norm for its time and still competes among the best today.

Locally, asking prices of good 996s are starting to exceed prices for similar mileage 997s.

A few relevant points... 1) AU prices are highly inflated as compared to US (i.e. Aussie $ weal compared to US). Regardless of this, it�s still a high price, which leads me to point 2) Asking price is relatively meaningless unless it actually sells for the asking price...3) Even if it does sell for the asking price, that doesn�t mean it�s not an aberration - you really have average the selling price over many cars to make any sort of claim to rising prices...

What you're asking and what you're getting are two separate things. The company that is selling this 996 for a near 60 grand believes that a fool and a sucker is born every second.

The first 911 I ever sat in was a 1981 911SC. It was a 60K mile car, relatively clean, and they wanted $17K for it about 20 years ago. It certainly was not a generation of 911 that was without its common problems. Newer generations solved previous problems but had their own. People who couldnt afford a 993 bought a SC Now people who cant afford a 993 are buying a 964, etc, etc. Our generation is nothing different. Porsche life cycle it seems.

I'm just glad I got mine when I did and sometimes feel like it's a dream...Now, onto replacing the other two O2 sensors that failed last night.

it is a $42,000 AUD car all day long which is approximately $30,000 USD (still by UD standards it would be $15k USD over the money) , however in Australia we start with a lux car tax which adds 45% to the retail price in the beginning and this along with a smaller population and therefore limited imports the AUD cars will be more expensive always. But awesome cars none the less - love my 2001 C4 Lapis Blue 6spd coupe 53kms (34kmiles) at a pprice of $49 AUD - 18 months ago

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Australia dollar is stronger than the US dollar, by a large margin as always... 1 AUD = 0.73 USD EDIT: this is wrong, I inverted it lol

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Yes and no. It's a leading indicator. As someone that looked for a good 996 for a long time, I'd have considered this car. It's a little high, but it would have been on the list.

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Living where I do - a very hot dry climate - I sort of wanted a 996 for the modern conveniences like aircon that works in 42c heat. I used to own a 2.7S - great car but a constant maintenance headache. Still - I'd like to own both - an old aircooled and the 996.

Time will tell. I think the 996 is the first "modern" 911. I like the size and it will probably the last street version to weigh under 3000 lbs

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Damn right! That's exactly what I keep saying about the 996 and the GT1 lights. When the 996 came out I owned a very nice 2.7S. I remember the new 996 being a dream car I could never afford. Of course had I kept the 2.7s I could sell it and buy three 996s or a GT3 maybe... But those lights - never entered my head at the time. Nor did it anyone else IIRC - the 996 was the best selling 911 to date and saved Porsche. Now the Boxster - I remember thinking that I didn't like the back of it. Never did I think that the Boxster would make my 911 look cheaper. It's like accusing the 912 of making the 911 less valuable. No, you just assumed that people with a Boxster couldnt afford a 911. Although fast forward 20 years and the modern Cayman is a valid drivers choice over the newer 911. I also think that design history will favour the early lights over the 2002 Turbo lights update. The smoother simpler shape is just better looking IMHO. I work in automotive marketing - I think about this stuff all day long - so if someone wants to argue, just know you are wrong LOL ;-) We see now the modern version of these lights in Porsche design language on the Macan and so on. The 996 fits right in and looks like part of Porsche's design history.

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Spot on mate. Cars that were considered �quirky� years ago are now considered unique and sought after. I�m pretty sure years from now the MK1 will be considered this way because of the headlights and the early cars having the better motor. All you have to do is look at the 912 and 914 to see where this is going. Those were not considered a hot commodity back in the day. Now though....

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Its going to be �leading� for a looooooong time to the �weak dollar� reply - Yes, I thought I might have that wrong... I�m still not sure I understand why (seems backwards to me...it�s weaker which makes it worth more ) whatever - I get it thanks for the fact check

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Actually the Aus Dollar is about the same as the Can Dollar against the US, down by about $0.33, actually if you read the #'s you posted that is what it says.

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lol you are right oops must be used to comparing AUD vs CAD as u mentioned thx

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Wow, I'm very surprised to hear this as this surely is not the case anywhere in the U.S.A. Is this some type of strange anomaly in the Toronto area (or Ontario) due to a lack of supply of clean 996s?

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LOL I dunno man... maybe :-) I did a search on the 944 as well. Some of those are getting up there in AU dollars. More than you can get a 996 for. How about $59,900 for a manual '86 944: https://www.carsales.com.au/dealer/d...16558207/?Cr=4 There is no way that I can understand how a 944 is more desirable than a 996. Sure the 944 is good. But it's not even close to a 996 experience.

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^^I agree... It's a different dynamic for the 944 though - it's much older and the curve is starting to turn upwards. I believe that eventually prices will rise on the 996 (they may be already, but it's certainly not an "investment" that will pay dividends for quite awhile). Enjoy the drive and don't worry about the $

Speaking as one of the few people on the planet who has made money on the 996, I'm still shy of the proverbial 'upswing'. Buyers are still setting prices in the 996 market, not sellers. There might be an outlier that comes along once in a while and bucks the trend, but so far - 996 prices are flat. I'm sure someone will come on behind me with an; "oh yeah!? here's a 996 selling for $36,000." Uh-huh, go ahead, it's a semi-free country. I did ok on my flip, but it surely wasn't worth digging myself in deep to the 996. Maybe in a few years, hard to say, it's a controversial market, and destined to stay that way for a long, long time. Talk to the 928 crowd, we've been riding that 'upswing' for a decade or more.

I think 996 in general will be the cheapest 911 ever produced.

A few weeks ago I purchased a 2003 996 for just under $30k US$ including 13% local tax Toronto area. Purchased at a Porsche dealer. 45000 miles, 72000 kms. Original no accidents. Decent Porsche dealer service history. Even a replacement battery from Porsche. All books, tools, even the rubber gloves and plastic sheet for the tire change. 2 keys. Full detail and buff. I think I over paid considering that the IMs has not yet been remediated, Maybe by $2 to $4k. Comparing to other cars I had seen over an 18 month period, this was a clean car. Heck, I even drove out the showroom floor during a dealer promo event. So, are prices on the rise? I saw lesser cars sell in this ballpark in hours in the Toronto area.

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Sounds like a nice example 996. Can we see a photo? /X3

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https://rennlist.com/forums/996-foru...t-a-996-a.html

I think we should simply be happy that our cars don't depreciate. After all, we get a 996 for $15-$25k but could have bought a new Toyota Corolla. The Corolla will be worth 20% of its purchase price after 5 years, and our 996 will still be at 100% of purchase price after 5 years. And we get to drive what we want.

I spent the summer searching for a 996. I have to say, the experience felt similar to the air-cooled market around the time they were getting popular (2011/2012). Nice lower mileage manual coupes priced reasonably sold quick, often within the space of 1-3 days. Several of the cars I wanted were bought and flipped on BAT. Sellers seemed flooded with interest when priced accordingly. I loosely shopped for a 996 a few years back and prices feel up maybe 3-5k on average with much more interest. The market isn't "taking off" yet by any means but the 996 is certainly commanding much more respect and attention.

That'd be nice. Hopefully in a year or two, the price gap between a nice 996 and a 997.2 will be smaller.

In the interest of fairness and balance on a global scale... ;-) https://www.elferspot.com/en/car/por...a-1998-168638/ That car is almost identical to mine and the one posted here. But is a bargain at GBP 11,995. Just wow on global pricing disparity - UK/US prices vs Australian. It's insane. Still, if you are in the UK that's got to be a very nice 996 to consider. Australian 996 prices are literally twice that and more of the UK.