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Are 996's selling?

I lost about £24k in depreciation in 6 years on two new cars - just puts it into perspective.
 
Counter Of Beans said:
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.

Right, so the post-crash (2008) years saw values fall. Then we had economic recovery, now normal service has been resumed and depreciation will start to reduce values again. That's how I read it, anyway.

That's not quite how I meant it.

(i.e) It seems to be more the case that:

(1) Values of 911s fall as part of the natural depreciation process until they hit rock-bottom. This process takes longer than for mainstream cars and rock-bottom values, as a % of what the car cost new, tend to be higher.

(2) After a little while potential 911 buyers wake up to how those values compare to newer models and they become more sought after.

(3) At that point cars start to go back up in value.

All three of these steps have already occurred with both the 996 and the 997. For a couple of years asking prices for all pretty much stabilised. The recent fall from those values has been more to do with the economic uncertainty that Brexit brought and will probably be temporary.
 
For what it's worth, this was my searching/buying experience that has some relevance when discussing values.
Having sold my 964 in early 2017 I was given the impression that I'd pick up a nice manual 996c2 coupe for a pittance. £10-£12k no problem.
That just wasn't the case and still isn't. Anything in that price bracket was well used and pretty tired.
Anything even remotely decent was/is £16-£18k.
I bought from an enthusiast who had cherished the car for 10 years and so paid extra accordingly.
Just my 2p. :)
 
wasz said:
Mine has had loads of enquiries, and got 2 solid viewings this weekend, I'm expecting it to go.

Maybe it's too cheap?
In my view it will only be cheap when it's sold
 
Paynewright said:
I lost about £24k in depreciation in 6 years on two new cars - just puts it into perspective.

That must have been a Wright Payne :floor: :floor: :floor:



kas750 said:
In my view it will only be cheap when it's sold

:yeah:

:thumb:
 
As a small update - I managed to put my eyes back into their sockets after the quote from a local independant specialist nearly killed me, and have found a resolution that her indoors is also agreed to (which does not involve a sale). I'm heading north of 146k miles anyway so nobody will buy mine anyway as its due to melt real soon now!
 
I bought my C4s cab in November and was very happy with the price I paid.

The seller had been messed about for the preceeding 3 weeks with time wasters and no one turning up to view.

Mine has had the IMS and RMS replaced less than a year ago by a Porsche specialist and the auto box has been re built with a new torque converter. So with that and a large folder or recent works I took the view to pay a bit more in the knowledge that at least those items will not need doing and all i really want to do is drive and enjoy my new car.

I actually wanted to buy a 996 Turbo but could not find a nice one for a reasonable price, but if one turns up and i go for it then I have a rather nice car to pass on etc.
 
g911omr said:
For what it's worth, this was my searching/buying experience that has some relevance when discussing values.
Having sold my 964 in early 2017 I was given the impression that I'd pick up a nice manual 996c2 coupe for a pittance. £10-£12k no problem.
That just wasn't the case and still isn't. Anything in that price bracket was well used and pretty tired.
Anything even remotely decent was/is £16-£18k.
I bought from an enthusiast who had cherished the car for 10 years and so paid extra accordingly.
Just my 2p. :)


I'm with you 100%.

No offence to anyone that's contributed but you always get the folk who haven't bought yet, talking the market down and the enthusiasts possibly talking the market up.
Plus, and this is the big factor, we all have different standards. I'm a realistic buyer and seller. I don't expect any used car to be perfect, especially a 20 year old 911, so I'll buy a decent straight one that's stacks up on paper with decent miles. I'll then work through it to make it very good.

When I sell I never try it on and I just try and be realistic. Plus when I want to move on I'm impatient and just want it gone.

The market has cooled but it's just seasonal. Always is. Who is looking for a toy just after Xmas when it's miserable and freezing cold.
That's why I'm saying if you don't need to sell, don't. Wait for the first nice bank holiday in spring when all the toys come out and folk starting thinking 'Ooh I fancy one of those this year!"

I don't think the market is doomed especially for a 996 in a certain spec, such as early C2 or mint C4S. It's just winter.
Plus let's face it, even if you're worried about values, if a £60k GT3 loses £10k, a nice £18k C2 will barely lose £2k or £3k. You'll be pumping way more than that into one anyway.

As for a nice C4S for £13k?? Absolutely dreaming. I guarantee I'd have found some big issues with that. Either huge gaps in its maintenance, hidden faults or just not upto my standards. And I bet you it was Tiptronic.

If you spot anymore, stick me down for 2. One for me and one for the wife. :wink:

£13k.... :floor:
 
Marky911 said:
g911omr said:
For what it's worth, this was my searching/buying experience that has some relevance when discussing values.
Having sold my 964 in early 2017 I was given the impression that I'd pick up a nice manual 996c2 coupe for a pittance. £10-£12k no problem.
That just wasn't the case and still isn't. Anything in that price bracket was well used and pretty tired.
Anything even remotely decent was/is £16-£18k.
I bought from an enthusiast who had cherished the car for 10 years and so paid extra accordingly.
Just my 2p. :)


I'm with you 100%.

No offence to anyone that's contributed but you always get the folk who haven't bought yet, talking the market down and the enthusiasts possibly talking the market up.
Plus, and this is the big factor, we all have different standards. I'm a realistic buyer and seller. I don't expect any used car to be perfect, especially a 20 year old 911, so I'll buy a decent straight one that's stacks up on paper with decent miles. I'll then work through it to make it very good.

When I sell I never try it on and I just try and be realistic. Plus when I want to move on I'm impatient and just want it gone.

The market has cooled but it's just seasonal. Always is. Who is looking for a toy just after Xmas when it's miserable and freezing cold.
That's why I'm saying if you don't need to sell, don't. Wait for the first nice bank holiday in spring when all the toys come out and folk starting thinking 'Ooh I fancy one of those this year!"

I don't think the market is doomed especially for a 996 in a certain spec, such as early C2 or mint C4S. It's just winter.
Plus let's face it, even if you're worried about values, if a £60k GT3 loses £10k, a nice £18k C2 will barely lose £2k or £3k. You'll be pumping way more than that into one anyway.

As for a nice C4S for £13k?? Absolutely dreaming. I guarantee I'd have found some big issues with that. Either huge gaps in its maintenance, hidden faults or just not upto my standards. And I bet you it was Tiptronic.

If you spot anymore, stick me down for 2. One for me and one for the wife. :wink:

£13k.... :floor:

No it was manual and your entitled to your opinion despite the fact you are wrong lol. Absolutely dreaming?? I know what I saw. Pm me your email address and I'll send you pics and ad details I screenshot.
 
Marky911 said:
I don't think the market is doomed especially for a 996 in a certain spec, such as early C2 or mint C4S. It's just winter.
Plus let's face it, even if you're worried about values, if a £60k GT3 loses £10k, a nice £18k C2 will barely lose £2k or £3k. You'll be pumping way more than that into one anyway.

Thing is, a gt3 is rare enough not to lose 10k. Whereas a 996 Carrera although nice of course, it's just a normal car, and it will go down, especially with 997's (with a higher number made than 996) coming down.

I don't care either way - they go up and i have an appreciating asset, can sell and upgrade. They go down and i can buy another one!!
 
I kind of agree skinny, but things aren't as easy if you're searching for a specific model. I've twice searched for (and found) a 996.1 C2 manual coupe with sub 80k miles on. Once was 7 years ago for my mate Craig on here and once 4 years ago for myself.
The pool of good cars is tiny. I'd say 70% crap, 20% ok-ish, 10% if that, genuine properly looked after cars.

I've said it before but not every buyer will choose a 997 over a 996 even at the same money. Most maybe would, especially as a daily driver but for some, including me and a good few others on here, a 996.1 is the purer more analogue car with quite a classic dash and interior and nowhere near the amount of bore-scoring (if any) that 997.1s suffer from.

But I agree most people want the newest they can get, especially as some folk do the 'keeping up with the Jones's" thing.

It's an age old argument that used to be had with impact bumper vs 964, 964 vs 993. Eventually the previous model will command more money than the next generation. Although I doubt a 996 will ever be more expensive than a 997.2. :wink:


Parsley by all means stick a link up. I'm not saying that car didn't exist but I guarantee it'll have mega miles or a skeleton in its closet.
One swallow doesn't make a summer, so just because there's been a ridiculously cheap forced sale example, that doesn't mean £13k is the new norm as far as C4S pricing goes. If you think it is, there's only one of us is wrong and it ain't me. :hand:

Happy to be corrected though so let's have a poll. All you C4S owners that paid £13k for your cars, put your hand up. :grin:

So what did you end up buying then and how much did you pay? A C4S for £13k or a sorted Carrera for £12k?

Anyway, how have I got roped into a values thread. Must try harder to ignore them.
I buy what I want when I want and get on with enjoying it. We are here for a fun time, not a long time. :thumb:
 
Love my 996.1 It really is not about the money for me

Brought my 996 3.4 C2 2001 in March 2018 @ 76K miles paid 14.500
She's a meridian silver beauty - Sun roof delete Alcantara headlining simple model. No body kits of spoilers or extra weight - even has basic stereo - removed CD player to save weight and fitted BT transceiver - Pure Pinky.

I've spent a ton of money on her - probably around £10K - All the usual stuff water pump failed - Clutch , IMS, RMS, Discs and pads, windscreen side windows, Shock's, suspension bushes and some arms. Car set up by Chris at Centre Gravity, GT3 splitrims refurbed by Chis at Exel. Seats refreshed by Dave the trimmer..... it's goes on and one. (Recommend all named)

The point is that this car just puts a bloody big grin on my face every time I drive her. I know it's childish and not very environmentally friendly (yes I do feel guilty) but the 996 is just such a perfectly poised and usable every day sports car, and so engaging to drive.

Saturday AM Chris is delivering me a set of refurbed 18 inch turbo 1 hollow spokes with brand new Mitc PS4's - I can't bloody wait.

Few observations....
IMS changed as precaution - turned out to be dual row original bearing and in perfect condition despite car having checkered past service history.
Shocks changed for new Koni Special Active - Was expecting big things but actually I think the old Bilsteins were probably working OK - not musch difference - The Koni's seems to work perfectly and did improve handling (Car is original and not lowered.
Did a rolling road power test a while ago - she was kicking out 287 Bhp - I think my rear wheels were unbalanced and transmission oil needed changing as significant unexplained drag/loss from power train.
Fitted some OEM large chrome oval exhaust tips for visual effect - surprised that they made the car sound better - was not expecting that.
Changing the transmission oil made the gearbox feel better - be careful though I tried some funky Miller oil and it did not work well in the cold. Stick to standard porsche dealer recommendations for our climate,
Tried the car on 10 spoke 17 inch weeks - much lighter than my GT3 spoilt rims - lighter 17 inch wheels made a huge difference to the acceleration handling and overall feel of the car - although the 9 inch rears tended to let go more easily which could have been the Pirelli tyres but it did make my bum twitch a couple of times in the wet.
I'm going for 18 inch hollows with PS4's 7.5 and10J - I think these will gel perfectly with a nice lightweight narrow body 996.
Car drives like new and I really don't care what prices do - I ain't selling!
She's done 83 k now so I've done 7K in just under 2 years - weekend car and occasional commute/holiday - Look at 997's and think - they are not retro enough or me - 993' s nice but too expensive for weekend car and not as fast, comfortable, light weight and usable. 996 for me is the sweet spot and the narrow body C2 coupe without sunroof and with light 18 inch wheels I think is my perfect weekend runabout. Losing the sunroof improves chassis stiffness , improves headroom, less weight and improved aerodynamics - er I think.
Engine will surely D Chunk tomorrow !!
 
Marky911 said:
I kind of agree skinny, but things aren't as easy if you're searching for a specific model. I've twice searched for (and found) a 996.1 C2 manual coupe with sub 80k miles on. Once was 7 years ago for my mate Craig on here and once 4 years ago for myself.
The pool of good cars is tiny. I'd say 70% crap, 20% ok-ish, 10% if that, genuine properly looked after cars.

I've said it before but not every buyer will choose a 997 over a 996 even at the same money. Most maybe would, especially as a daily driver but for some, including me and a good few others on here, a 996.1 is the purer more analogue car with quite a classic dash and interior and nowhere near the amount of bore-scoring (if any) that 997.1s suffer from.

But I agree most people want the newest they can get, especially as some folk do the 'keeping up with the Jones's" thing.

It's an age old argument that used to be had with impact bumper vs 964, 964 vs 993. Eventually the previous model will command more money than the next generation. Although I doubt a 996 will ever be more expensive than a 997.2. :wink:


Parsley by all means stick a link up. I'm not saying that car didn't exist but I guarantee it'll have mega miles or a skeleton in its closet.
One swallow doesn't make a summer, so just because there's been a ridiculously cheap forced sale example, that doesn't mean £13k is the new norm as far as C4S pricing goes. If you think it is, there's only one of us is wrong and it ain't me. :hand:

Happy to be corrected though so let's have a poll. All you C4S owners that paid £13k for your cars, put your hand up. :grin:

So what did you end up buying then and how much did you pay? A C4S for £13k or a sorted Carrera for £12k?

Anyway, how have I got roped into a values thread. Must try harder to ignore them.
I buy what I want when I want and get on with enjoying it. We are here for a fun time, not a long time. :thumb:

You seem to be reading far too much into my comment and looks like it's hit a nerve. I did NOT say 13k was the new norm. I said I saw a nice 4s with the work done for 13k. And I did. You then said I was dreaming!??. You seem quite hot under the collar about it. If you paid what you consider to be a fair price for your car and your happy that's fine. I simply stated an opinion. I am happy with my car. I paid not a lot for it. It's a coupe manual with FSH and 112k. Drives well with no issues at all. It was a bargain because I think at the moment the market is rock bottom. As far as I'm concerned that's it. Mock me all you like mate if it makes you feel better.
 

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