993 question for 996 owners

I was reading a post on the 993 forum about a 1998 C2S for sale on ebay: item 1833384869. Bids reached 61K for a mint looking car (original MSRP in low 70s?). I was wondering why the 993 C2S holds its value so well when regular 2000 996s are selling in the mid to high 50s. Is this a function of the S designation? Does this bode well for the future value of the 996 C4S vs. other 996 models?

I think many view the 993 as the last of an era (air cooled) and the C2S as the most desirable of the n/a 993s. I would guess that a very nice C2S will hold its value for a long time. On the other hand, the value of used 996s are being hammered by deep dealer discounts on new cars being driven by a soft economy. I think the C2S (and other "special" Porsches) will alway be valued but the rest of the market will level out over time. Just my thoughts. Jim

[quote]Originally posted by sawmilldriver: <strong>Is this a function of the S designation? Does this bode well for the future value of the 996 C4S vs. other 996 models?</strong><hr></blockquote> I like to think so, but to be honest, I don't know. I'ts all about supply and demand. No more 993's to be produced, demand goes up for the remaining in excellent condition, more so for the less available S designates. '99 996 with teething problems plus improved new 996, less demand for the older 996. Stop production of the C4S today and come up with just a C2S, I can probably sell my C4S for twice what I paid for it. If enough people demand it and supply is limited, you can pretty much ask for any price.

I've got to go with Palting on this one. Demand and availability is what dictates resale value. I would think that the C4S designation will do fairly well as fewer C4S models will be produced than turbos, but again, noone can accurately say what the future holds. Thank goodness I'm not buying the car for the resale! <img src="graemlins/a_smil17.gif" border="0" alt="[blabla]" />

The 98 993 will be a classic while the 99-? will just be another series. The 993C2S, or 993CS as it's known is sort of a hybrid with the Turbo/C4S shell, but not the suspension/brakes, etc. Don't know how many of the CS v C4S were made, but they will be a collector's item. I sold my 98 993CS/Aero that is in the pic and I can tell you that low 60's are competitive. It was a beautiful car w/o the expense of Turbo motor/suspension/brakes. There are also more pics of the 98 on page 2 of my website <a href="http://www.986host.com/gallery/doncapecod" target="_blank">www.986host.com/gallery/doncapecod</a> [IMG] <a href="http://www.986host.com/albums/doncapecod/993_4.sized.jpg[/IMG]" target="_blank">http://www.986host.com/albums/doncapecod/993_4.sized.jpg[/IMG]</a>

sorry. [IMG] <a href="http://www.986host.com/albums/doncapecod/993_4.sized.jpg[/IMG]" target="_blank">http://www.986host.com/albums/doncapecod/993_4.sized.jpg[/IMG]</a>

How about the Targa? How has that held up with respect to resale? That was also a rare 993, was it not? Any opinions on the 996? Supposed to be limited production too??

Resale sucks for the 996 but the car doesn't : ). Regards. Mike

61000$ for a 993 C2S ?? personally, i would never put all that money for a 993. <img src="graemlins/nono.gif" border="0" alt="[nono]" /> <img src="graemlins/c.gif" border="0" alt="[ouch]" /> . Even if the model is nice..but getting a bit older. just my 0.02 wherever

S's will always have a stronger retail than non-S's. That said, Porsche really stepped up the volume on the 996's relative to the 993's which created a permenant difference in supply/demand characteristics for the two. By increasing demand just as some newly rich became that way, a lot of "jewelry" car buyers found Porsche vs. a more enthusiast oriented 993 buyer. "Jewelry" buyers also are more likely switch to newer cars since it's how the car "looks on them". The biggest hit came when all those 1999's came off lease and flooded the market at the depth of the recession which was just about when the "new" 2002 came out.