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Windy101
Monza


Joined: 05 Jun 2015
Posts: 204



PostPosted: Sat Jan 12, 2019 7:48 pm    Post subject: Reply with quote

I paid £30k for my 993 C2 in 2001, a 964 RS was about the same price at the time.
 
  
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stichill99
Spa-Francorchamps


Joined: 03 Nov 2013
Posts: 324
Location: Scottish Borders


PostPosted: Sun Jan 13, 2019 3:18 pm    Post subject: Timing Reply with quote

Timing is everything with investments......and cars! I bought a 2 year old 987 boxster in 2008. Dealers were asking 32/33k for similar cars. I paid £20500 for a private sale car. The lady had tried to sell it back to the dealer but it was I am sorry madam but we are not buying any cars for stock just now!
I kept it for 5 years and traded it in for the 993. Lost £10k in 5 years but that was better than the previous owner who lost £16k I 6 months

Surprised
 
  
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T8
General
General


Joined: 29 Jun 2010
Posts: 15167
Location: Kent


PostPosted: Sun Jan 13, 2019 6:17 pm    Post subject: Re: What price did the 993 bottom out at? Reply with quote

alex yates wrote:
Yesterday I was chatting to a mate in the local boozer and he was telling me about his Iris Blue 993 he once owned. He was telling me how much he'd paid and sold it for and couldn't believe how much they'd inflated since. Bought for £27k and sold for £11k. At what price did the 993 bottom out and when?


From everything I've read since we 'spoke' yesterday it would seem that the 11k your mate achieved in 2008 was probably the epitome of the 993 bottoming out.

It dawned on me that my initial response would have been based on the cars that I was specifically considering at the time and therefore would have been in the '50k maximum' mileage category.

I didn't take into account that in 2008 there were apparently a lot of 11-15 year old 993s running around with 100k+ miles showing and I'm assuming* that your mates would have been one of those. Dont know

Given the awful economic climate at the time it wouldn't actually surprise me if 'trade' for a high mileage 993 was as low as £11k. I assume* that he got the 996 for an equally absurd price.

Apologies for the doubts I expressed yesterday. I'd be genuinely interested to hear whether my *assumptions above are correct.
_________________
2007 Guards Red 997 Turbo Tiptronic
ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual

Last edited by T8 on Sun Jan 13, 2019 6:19 pm; edited 1 time in total
 
  
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GARY S
Monza


Joined: 06 Aug 2016
Posts: 154



PostPosted: Sun Jan 13, 2019 6:18 pm    Post subject: Reply with quote

In February 2001 I went into Porsche Mann Island Liverpool to test drive a Boxster before placing an order for a 2.7 (arrived November 2001). Sitting forlorn amongst the 996's & Boxster's in the showroom was a light blue N registration 993. Now oh how I wished I had bought it rather than ordered the Boxster & in 2004 traded it for a 997. Of course we didn't know how well Porsche managed to cover up the issues on the M96 so well & what was to come.
 
  
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alex yates
Le Mans
Le Mans


Joined: 06 Mar 2014
Posts: 15531
Location: The Ribble Valley, Lancashire

2000 Porsche 996 Carrera 4

PostPosted: Sun Jan 13, 2019 6:31 pm    Post subject: Re: What price did the 993 bottom out at? Reply with quote

T8 wrote:
alex yates wrote:
...


....I'd be genuinely interested to hear whether my *assumptions above are correct.


I'll be asking him next time I see him and I'll also see what he can tell me about his 80s 3.2 & his 996.

The guy's quite a legend and it's always a pleasure having a good chat with him.

He followed in Che Guevara's footsteps and wrote a book on it:
https://www.amazon.co.uk/Stephen-E-Holmes/e/B0072F65OG/ref=ntt_dp_epwbk_0

https://overlandmag.com/features/in-che-guevaras-wheeltracks/
_________________
2000 Manual 996 C4 Arctic Silver Convertible


 
  
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johnt993997
Newbie


Joined: 13 Jan 2019
Posts: 29
Location: Hertfordshire / Buckinghamshire border nr. Aylesbury / Hemel Hempstead


PostPosted: Sun Jan 13, 2019 10:19 pm    Post subject: Reply with quote

(first post, hello all!)

I bought my very tidy 83k mile C2 993 manual coupe, silver and black, non vario, for £20,500 in 2011 from a dealer and sold it back to him a couple of years later after a big tax bill for around 18-19k with 92k on it, but it needed a few things doing which effectively meant I felt i'd sold it for the same price i'd bought it for give or take.

I was happy with that at the time!

I pay a lot more attention to used car prices now!

oh well, no regrets, made small amounts on the next two (non Porsche) cars, so overall Smile

Will be back in a Porsche very soon!
 
  
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ballcock
Sepang


Joined: 21 Jul 2008
Posts: 2952
Location: Dublin

1996 Porsche 993 Carrera 2

PostPosted: Sun Jan 13, 2019 11:20 pm    Post subject: Reply with quote

My memory is the 993 bottomed out around 07-08.

I bought my first Porsche in 04, a 996C2 manual , with 42k miles, paid £27k in Cridfords for it.
I sold in 07 and bought a very similar C2 manual with 43k miles! .. except it was a 993, for £28200 privately.
From memory 993’s had already been increasing in value from about 05. I believe ‘04-‘06 were the 996/993 crossover years price wise.
_________________
'96 Iris C2 vario manual coupe, Koni FZD's/M033's RSR's and HID's.
‘98 Ocean blue 996 C2 Tip pressed into daily service.

Ex '83 W460 LWB G Wagen updated with OM602 engine and 6 speed 'box
Ex. '99 996 C2 manual coupe.
 
  
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madalaa
Fuji


Joined: 13 Mar 2008
Posts: 9378
Location: West London

2009 Porsche Boxster 987

PostPosted: Mon Jan 14, 2019 9:08 am    Post subject: Reply with quote

Bought my C4 from Virgin for £26K with 66.5K on the clock in December 2006 and sold it in 2016 for £36.5. with I think it was 103/4K on the clock.
 
  
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MattyR
Montreal


Joined: 21 Sep 2015
Posts: 587
Location: Somewhere Nr Tunbridge Wells, Kent


PostPosted: Thu Feb 21, 2019 11:03 pm    Post subject: Reply with quote

Surely they bottomed out with a certain Mr George Eaton’s car, eh? Wink
_________________
Atlas Grau on Ocean Blue Gen 2 997 C2 Carrera
Sold: Aventura Grün 993 C2 Carrera
 
  
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alex yates
Le Mans
Le Mans


Joined: 06 Mar 2014
Posts: 15531
Location: The Ribble Valley, Lancashire

2000 Porsche 996 Carrera 4

PostPosted: Thu Feb 21, 2019 11:12 pm    Post subject: Reply with quote

MattyR wrote:
Surely they bottomed out with a certain Mr George Eaton’s car, eh? Wink


Grin Grin Grin Thumb
_________________
2000 Manual 996 C4 Arctic Silver Convertible


 
  
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badlands
Montreal


Joined: 05 Feb 2015
Posts: 519
Location: London


PostPosted: Fri Feb 22, 2019 1:42 am    Post subject: Reply with quote

I was late the party, getting my first 993 - a high mileage iris blue manual cab for around £21k in Jan 2014.

As with many of this older cars, there's no profit... it's more that, despite the value rising, depreciation is replaced with maintenance costs. Has been the same for all 3 of my air cooled
_________________
current: 993 carrera coupe, manual, iris blue, bilstein pss10
ex 964 c4
ex 993 carrera cab
 
  
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nickpan
Trainee


Joined: 30 May 2016
Posts: 51



PostPosted: Fri Feb 22, 2019 1:59 am    Post subject: Reply with quote

In 2009, my neighbour put his 964 targa up for sale at £8,500 via an advert in the car window. My wife and I seriously considered it but despite how shiny it looked and how wonderful it sounded (it was a good example), we spent our £8k on a VW Golf V6 as a more practical, but also nice sounding, option Mad

He never could sell it so gave it away to the trade in the end.
 
  
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PH5121
Newbie


Joined: 19 Oct 2017
Posts: 29
Location: Yorkshire


PostPosted: Fri Feb 22, 2019 8:17 am    Post subject: Reply with quote

In 2007 when I bought my 993 C4 I paid £28k from a specialist (and was given £13k in part exchange for my 75k mile 964 C2. I thought that was a good result as I'd paid £15k for it 6 years earlier).

Whilst searching I'd also looked at a high mileage (100k ish) C2S which needed tidying up for the same price, a C2S with bad paint, a slipping clutch and aftermarket wheels for £30999 and a mint C2S for £33k.
At the time £28k was pushing my budget and I couldn't stretch it to get a wide bodied car with lower mileage which I would have preferred.

I can recall my dad looking at getting a scruffy high mileage C2 that was up at £14k to use as a daily runner instead of his company car that a mate who was a trader had taken in part exchange.

I can also recall a time in the early 2000's when the value of a turbo wasn't much more than that of a C4S.
 
  
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
Posts: 12710
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Fri Feb 22, 2019 10:03 am    Post subject: Reply with quote

If anyone fancies a nostalgic valuation I can charge up the Colini Stick Thumb
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Alfa Romeo’s 4C is everything a Italian sports-car should be: it’s gorgeous to the point of pornography, distinctive enough that nobody will ever mistake it for a Porsche, handles like it’s on rails and steers like a kart.
 
  
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