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Counter Of Beans said:I wonder if we're entering a new era for used Porsche prices. One where they behave like other mass produced cars; i.e. they depreciate.
I mean, is there any logical reason why a Porsche 996 Carrera shouldn't depreciate? OK for rare models like a GT2 or something perhaps, but not for the mainstream cars I'd have thought. Supply and demand and all that.
And of course, you're buying a car that's typically 20 years old, so unless the previous owner has spent heavily, your new 996 will surely deplete your wallet. And if 996's are anything like my 993, parts prices can be outrageous.
And then there's the M96 engine problems that afflict the 996 to some extent.
I think this "prices will go up, won't they?" reasoning may no longer be relevant for any Porsche outside of halo models.
Counter Of Beans said:I wonder if we're entering a new era for used Porsche prices. One where they behave like other mass produced cars; i.e. they depreciate.
I mean, is there any logical reason why a Porsche 996 Carrera shouldn't depreciate? OK for rare models like a GT2 or something perhaps, but not for the mainstream cars I'd have thought. Supply and demand and all that ...........................
Parsley said:There have been quite a few 12k coupe/manual cars recently WITH the IMS/RMS done and in good order. Even a nice 4s at 13k with all the work done.
Really?
I often scan the classifieds and don't recall seeing these cars.
And anyway, who wants a 996 that's had its IMS bearing yanked out and replaced anyway?
g911omr said:Parsley said:There have been quite a few 12k coupe/manual cars recently WITH the IMS/RMS done and in good order. Even a nice 4s at 13k with all the work done.
Really?
I often scan the classifieds and don't recall seeing these cars.
And anyway, who wants a 996 that's had its IMS bearing yanked out and replaced anyway?
Yes came across quite a few. And I would rather buy one that's had the IMS done. But that's just me personally.
g911omr said:There are bound to be the occasional bargains to be had. I think that picking up a nice C4S for £13k is complete fantasy, depending on the perception of what 'nice' is.
T8 said:It's interesting hearing the views of recent entrants to the world of 911s.
For the record all variants of the 996 actually depreciated to their lowest value in 2013 and have slowly risen back to where they are now.
Asking prices for Carreras are about the same now as they were in 2011.