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For all those ripping on 996 values.......

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YOUR RESEARCHFor all those ripping on 996 values.......

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Replace way they did things in order

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Suggestion

Porsche had to change the way they did things in order to survive.

For all those ripping on 996 values.......
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Leading evidence: 'Replace way they did things in order' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Replace way they did things in order' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.

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Replace way they did things in order

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Suggestion

Porsche had to change the way they did things in order to survive.

For all those ripping on 996 values.......
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POST 1 / ORIGINAL POSTEROriginal post

I sold my 2000 C2 to the first person who looked at it.... Bought it for 50k 1.5 yrs ago...sold it for 44k ............ Robert

POST 2Original post

Good job Robert. Also note the west coast's price difference. Now we need pics of the 997. Chad

POST 3 / ORIGINAL POSTEROriginal post

heck the 997 board for my pics..... Robert

POST 4Original post

Before I bought my car I did a lot of research and ultimately figured on around $5k per year in dep. Not great but I was willing to live with it. Best value I ever had was my BMW K75c motorcycle. Bought a used one and paid GBP1,200 for it - rode it for 18 months and put over 50,000 miles on it (yes, you did read that right) and then sold it for GBP1,000. Now THAT was cheap motoring... Barry

POST 5Original post

Wow! That's great! You must have kept it in immaculate condition. My 2000 996 has about 75,000 miles on it, so I probably won't sell until either the Boxster Coupe or the 998 come out in a few years. I'd be lucky to get $35,000 for mine right now. Congrats man!

POST 6Original post

Well enter me in the bragging tournament: 1977 MBZ diesel bought for 15K sold for 12K four years later with 99,000 miles.

POST 7Original post

The key was getting the 2000 C2 for $50K. I bet the original owner paid at least $80K for that car and sold it about three years later to you for $50K.

POST 8Original post

nice trade Robert!!! enjoy, enjoy, enjoy! oh yeah - enjoy that black paint as well my next car is going to be either Red or Polar Silver(and a turbo ) i'm done with black

POST 10 / ORIGINAL POSTEROriginal post

Thanks all...I bought it right w/ 11k on it and highly upgraded...Sold it with 23k on it and it was show room condition, even though I took 3rd in my class for the year in auto cross season... I love my 997!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! What a car.....Sport chrono is awesome, along with factory short shift kit I could care less about any other options..... R

POST 11Original post

The cheap 996's are cheap for a reason. Usually, low options, plain vanilla cars in salt locations. blah. Don't worry about Porsche values. If the car is nice, people will pay.

POST 12Original post

Um...NO! My car was loaded up with many desirable options. And, is in concour condition (mentioned by a local PCA rep). I say again...the deals will be out there. Porsche is no longer in the "unique car" catagory. Ferrari is. Aston is. Porsche had to change the way they did things in order to survive. If they still made the "hand built" cars of old, we would not be driving them. Face it, they make thousands of these cars. Yes, they make incredible machines. As sad as it is, they just are not as special as they used to once be. All in all, they are a fantastic car. And, I will love them as long as I breathe. I am a tried and true Porschephile. I just report what I see... Chad

POST 13Original post

I think it was mentioned before, but the key was that you got a nice pre-owned, low mileage car for a very good price. It will be interesting to see 997 values over the next 2-3 years. I highly doubt that they will hold their initial values like the early 996/Boxsters during the dot com bubble. Either way, nice ride, happy to see that you are happy, and someone else got a beautiful 996! Win-Win.

POST 14Original post

Thanks...and I agree. I am curious to see how the 997's hold their value as well. C.

POST 15Original post

Dhad, congrats on your deal but what are you in the process of doing now????? Converting your plain jane car to an aero style car. In the end, you will have invested more dollars to make it look better. You are just going about it in a different way. Aero cars bring an easy $5k to the table and actually sell easier than most any other option, including awd. I do agree on the hand builts vs. the machine builts, there will always be a following for the old. IMO, I don't think 996's of any kind will venture too far below the $30k mark. If it's a factory aero or c4, I'd expect closer to $40k-$50k depending on year. BTW, I sold my C4 with partial aero for $54k. I bought it for $51k two years ago. Today's value would be around the $40-$45k mark guessing?

POST 16 / ORIGINAL POSTEROriginal post

997's will be the same value wise as the 996...early on they will hold a bit but once market is flooded with them they will go down like everything else ....

POST 19Original post

Yep - all modern cars face this now. Once the lease terms are up, tons of used ones are dumped onto the market and prices go down. High-end cars like Porsches are especially vulnerable since more people can afford to lease them than buy them when new - or there are the growing segment of the market that don't like driving anything that's out of warranty. Emanuel

POST 20Original post

so what category is the porsche now in would you people say? before the carerra used to be semi-exotic.. now is it simply high end sports car? :>

POST 21Original post

Santangelo, any extended warranty go with the 2000? or was the only warranty whatever was left on the factory warranty?

POST 22 / ORIGINAL POSTEROriginal post

No warranty left at all........expired in 3/04............

POST 23Original post

Robert, sorry so late to the party, but CONGRATULATIONS on your 997 and doing well in selling your 996. Like mentioned above, WIN-WIN for all

POST 24Original post

04 996c2s bought fro 68k+tax/fee, sold for $58k owned 12 months, 20k miles, 5k of it on the race track.

POST 25Original post

i like this guy btw, dallsboats, your car looks awesome. what wheels in what size? LMs? 19s? What'd u use to lower? so i'm looking on ebay just checking out the market... really interested in a 2001 C2 with full aerokit and a nicely optioned interior. would like to keep it under 25K miles. what's the approximate $ range for a car in mint condition that's been cared for rennlist style? also, do the C4s drive better? how much slower is it than a C2?

POST 26Original post

congrats and glad you sold your car for that price. But sadly, your good luck is the exception, not the rule. Even 996 Turbo prices are lowwww.. I saw a couple under $70k RETAIL. An X50 2002 sold for $85k private party.

POST 27Original post

I've only driven a friend's C4, and that only once, but I loved it even more than he does. He got it because we're in Chicago and the weather can be iffy. I liked it because rather than a tail-sliding Tiff Needel style driver, I like to go fast with agility and precision, and the C4 has the grip to give me that at levels few cars can this side of a Lamborghini Gallardo. Porschephiles like to say you might lose them on the straights but they'll catch you in the twisties, and that's never been truer than with a 911 C4. But that's a matter of taste - try one yourself. Emanuel

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