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heed
Newbie


Joined: 24 Jan 2019
Posts: 11



PostPosted: Sun Mar 10, 2019 11:03 am    Post subject: Has the 997.1 C2S bottomed out yet? Reply with quote

Hi,

I've been hunting for a couple of months for a 996 C4S or a 996 Anni. Keeping track of prices, I have noticed that the 996 C4S is now solidly in the following area:


    < 60K ~£24-25
    < 70K ~£22-24
    < 90K ~ £20-22
    > 110K ~ £18-20


It occurred to me a few weeks ago that the 996 C4S is possibly performing more strongly that the 997.1 C2.

997.1 C2 rough prices


    < 60K ~£24-25
    < 70K ~£21-24
    < 90K ~ £19-20
    > 110K ~ £17-19


My question is: will the 997.1 C2S dip down to the 997.1 C2 prices eventually? Put another way – could one eventually pick up a 997.1 C2S for about the same money as a 996 C4S with ~ the same mileage?

Or, will the 997.1 C2S strengthen with the 996 C4S, ensuring that it's always a more expensive than a 996 C4S?

Last edited by heed on Sun Mar 10, 2019 6:57 pm; edited 1 time in total
 
  
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pzero
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Joined: 18 Jul 2010
Posts: 5189
Location: London


PostPosted: Sun Mar 10, 2019 11:20 am    Post subject: Reply with quote

As these cars age the overriding factor will inevitably be driven by mileage, condition and history. An overlap in value between 997 and 996 is to be expected.
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glenwells
Silverstone


Joined: 20 Aug 2015
Posts: 121



PostPosted: Sun Mar 10, 2019 11:34 am    Post subject: revise title Reply with quote

Hi

You may want to revise the title as it says 997.2 C2S.

Which incidentally are still dropping albeit slowly as mileages increase on some cars.

re the other point - supply and demand less low mileage 996 C4S cars than 997.1 C2 cars about.

Regards
Glen Wells
 
  
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segart
Nürburgring


Joined: 28 Jan 2015
Posts: 394
Location: Jersey - Britains South Sea Isle


PostPosted: Sun Mar 10, 2019 11:43 am    Post subject: Reply with quote

You have lost me a bit Heed, as your thread title asks if 997.2 C2s has bottomed out, but your thread text asks about 997.1 c2 values.

Fwiw the 997.1 c2 is often regarded as a safer bet than a 997.1c2s as the 3.8 engine apparently is more prone to bore scoring, so values of these two models will always be similar. Condition will be the main factor.

The 996 c4s has a strong following and personally i would expect those values to stay firm especially as with the passage of time more and more of these cars will have had quality engine rebuilds.

As regards 997.2 c2s cars, i think they have further to fall in value, before they start to creep up again. Low mileage examples are in the high 40s and earl 50s and i can see them dropping from there.
Just imo
Cheers
Rick
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alex yates
Le Mans
Le Mans


Joined: 06 Mar 2014
Posts: 15541
Location: The Ribble Valley, Lancashire

2000 Porsche 996 Carrera 4

PostPosted: Sun Mar 10, 2019 12:27 pm    Post subject: Reply with quote

I still think there's a bit to go with the gen 2 997. Prices are only steady at the moment because summer is very quickly approaching.

The 997.1 is still dropping in value whilst the 996 C4S still holds out. I don't look as the cars being comparable by model (C4S) of both 96/97 as the 996 4S was a castrated turbo with the totally different appearance over the standard carrera. This is not the case with the 997. Even the fatter rear end isn't as noticeable on the 997 as it is on the 996. For this reason, the 996 C4S has become more of a collector's car, thus keeping the prices up.
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T8
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Joined: 29 Jun 2010
Posts: 15174
Location: Kent


PostPosted: Sun Mar 10, 2019 4:59 pm    Post subject: Re: Has the 997.2 C2S bottomed out yet? Reply with quote

heed wrote:


My question is: will the 997.1 C2S dip down to the 997.1 C2 prices eventually? Put another way – could one eventually pick up a 997.1 C2S for about the same money as a 996 C4S with ~ the same mileage?

Or, will the 997.1 C2S strengthen with the 996 C4S, ensuring that it's always a more expensive than a 996 C4S?



All the 996s and Gen1 997s bottomed out a few years ago and have since risen.

Cross-overs in values are now happening across all the 996/997 Carrera models due to mileage / history /condition / spec of individual cars.

At every price point from £18k to £25k currently there is a choice of all the cars you have mentioned.

The 996C4S may hold its value better compared to equivalent mileage/history 997s - even the 997 S cars - as it has attained modern classic status in many enthusiasts eyes.
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ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
 
  
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simkin911
Newbie


Joined: 02 Oct 2013
Posts: 36
Location: Midlothian


PostPosted: Sun Mar 10, 2019 5:20 pm    Post subject: Reply with quote

And I guess these are all really asking prices rather than sold prices.

As a potential buyer.... I’d be interested in what a decent 80k 997.1 C2 is fetching (£18-19k?). 997.1 C4S ? £24-26k... with maybe the 997.1 C2S a little more than the C2 as it’s possibly a little newer?
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Starting to search for a 997 (maybe 996) after 15 years of F/E Porsches
 
  
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heed
Newbie


Joined: 24 Jan 2019
Posts: 11



PostPosted: Sun Mar 10, 2019 6:58 pm    Post subject: Re: revise title Reply with quote

glenwells wrote:
Hi

You may want to revise the title as it says 997.2 C2S.



Whoops. Typo. I meant 997.1!
 
  
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heed
Newbie


Joined: 24 Jan 2019
Posts: 11



PostPosted: Sun Mar 10, 2019 9:02 pm    Post subject: Reply with quote

simkin911 wrote:
And I guess these are all really asking prices rather than sold prices.

As a potential buyer.... I’d be interested in what a decent 80k 997.1 C2 is fetching (£18-19k?). 997.1 C4S ? £24-26k... with maybe the 997.1 C2S a little more than the C2 as it’s possibly a little newer?


Regarding the 997.1 C2, there is quite a bit of history on carpricetracker.com, which tracks the lowest price available on PH or AT over time.

It looks like the 997.1 C2 is probably trending upwards now, as the lowest price for any advertised 997 is higher now than 18m ago.

 
  
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Basalt911
Newbie


Joined: 12 Feb 2019
Posts: 17



PostPosted: Mon Mar 11, 2019 7:53 pm    Post subject: Reply with quote

simkin911 wrote:
And I guess these are all really asking prices rather than sold prices.

As a potential buyer.... I’d be interested in what a decent 80k 997.1 C2 is fetching (£18-19k?). 997.1 C4S ? £24-26k... with maybe the 997.1 C2S a little more than the C2 as it’s possibly a little newer?


there's a 997.1 at RSJ that's more money than the identical one I bought from 911V 5 years ago...doesn't feel like the 997.1 market is flagging to me
 
  
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TonyC911
Spa-Francorchamps


Joined: 06 Jun 2016
Posts: 293
Location: High Wycombe, Bucks


PostPosted: Mon Mar 11, 2019 8:36 pm    Post subject: Reply with quote

heed wrote:
simkin911 wrote:
And I guess these are all really asking prices rather than sold prices.

As a potential buyer.... I’d be interested in what a decent 80k 997.1 C2 is fetching (£18-19k?). 997.1 C4S ? £24-26k... with maybe the 997.1 C2S a little more than the C2 as it’s possibly a little newer?


Regarding the 997.1 C2, there is quite a bit of history on carpricetracker.com, which tracks the lowest price available on PH or AT over time.

It looks like the 997.1 C2 is probably trending upwards now, as the lowest price for any advertised 997 is higher now than 18m ago.


Very interesting data, but these figures are somewhat misleading as they are not tracking the actual sold prices Hand
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2005 Boxster S
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1998 Boxster 2.5
 
  
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nomadic
Newbie


Joined: 23 Nov 2017
Posts: 1



PostPosted: Tue Mar 12, 2019 12:57 pm    Post subject: Reply with quote

I am looking at either a 996 c4s or a 997 c2s. It's tough as I like both shapes, but the pull to a newer car is strong!
However I am only currently considering a hartech rebuilt c2s. Is there anything I am missing?
 
  
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T8
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Joined: 29 Jun 2010
Posts: 15174
Location: Kent


PostPosted: Tue Mar 12, 2019 1:52 pm    Post subject: Reply with quote

heed wrote:


Regarding the 997.1 C2, there is quite a bit of history on carpricetracker.com, which tracks the lowest price available on PH or AT over time.

It looks like the 997.1 C2 is probably trending upwards now, as the lowest price for any advertised 997 is higher now than 18m ago.



It's only the trend that is of any relevance in that data. 'Lowest price' will always equate to 'Cat Cars' or seriously high mileage examples. These values will bear no relation to the prices being asked for the cars that most buyers will be looking for.

My records show that 997 values are pretty stable at the moment. Higher than they were 36 months ago but down a bit on 12 months ago.
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ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
 
  
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T8
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Joined: 29 Jun 2010
Posts: 15174
Location: Kent


PostPosted: Tue Mar 12, 2019 1:55 pm    Post subject: Reply with quote

nomadic wrote:


............ I am only currently considering a hartech rebuilt c2s. Is there anything I am missing?



Your strategy is sound but you will have a very small pool of cars to choose from so will need to be open-minded about colour combo and spec'.

ps. Welcome to 911uk
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ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
 
  
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Robert SausageTrousers
Monza


Joined: 02 Apr 2018
Posts: 161



PostPosted: Tue Mar 12, 2019 2:56 pm    Post subject: Reply with quote

Interesting thread.

I bought my 05 997 C2S last August, and have put nearly 10k miles on it since, trouble free. One oil change has been my only expenditure (despite the engine being rebuilt by JAZ Porsche as opposed to Hartech just before me purchasing it - amazing, I know!) and looking at current prices I think I'd get my money back or thereabouts if I wanted to sell, and I can't complain at that.
 
  
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Ishay
Monza


Joined: 28 Aug 2015
Posts: 204



PostPosted: Wed Mar 13, 2019 11:27 pm    Post subject: Reply with quote

Memories are short which is why my iCloud camera role is full of screenshots

Here’s a typical example from 2015. The market basically hasn’t moved for at least 4 years and if the odd £1000 here or there is meaningful enoug for anybody to wait, they can’t afford the maintenance and risk of failure anyway.

Also the comment about not knowing actual sale prices is true but comparing advertised with advertised is at least apples with apples...
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Current: 997.1 Turbo, Coupe, Manual
Current: BMW X1 2.0d
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Ishay
Monza


Joined: 28 Aug 2015
Posts: 204



PostPosted: Wed Mar 13, 2019 11:35 pm    Post subject: Reply with quote

Compare that to this which looks like it’d be worth about £20-21k now. What else do people want to own while they wait for the market to do what they hope it will...
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