Where are 993 values now ?

[johnsjmc]

What are average c2s going for these days? I have a 95 ,coupe 110,000 mi. Basic car with ABD new lwf and clutch and service, PSS9,s ,good mostly original paint (front bumper respray) Clean carfax ,partial records.. Burns no oil and doesn,t leak any either.
Are prices going up like the early cars?

[WPOZZZ]

From what I've seen, prices are all over the place. I was considering a 993 to go with my 930 and had a couple to choose from, a 95 with 120k and a 96 with 60k. The 95 just had a reseal and the 96 needed one and a top end job later on. Both were stock, but the 95 had hardback 996 sport seats and a lot of carbon fiber stuff. The 996 had an inop ac as well. I declined on both as I bought a 996 turbo. Both cars eventually sold for about $23k.

If you look at cars for sale, there's a bunch of them asking high prices and they haven't sold. There's also a bunch at reasonable prices, high 20s, low 30s and they haven't sold either. I don't know what is going on, but momentum has turned from a couple years ago. Now people seem to be concentrating on the longhoods and the 911s.

[G450X]

I have a friend from the U.K., and he says 993 prices they have cooled off a bit across the pond.

I think the U.S is going to follow, but I don't think it's going to be a big price drop or anything, just a slight pullback. I don't see 150k mile well worn in 993's bringing big money that they may have pulled earlier this year.

I also feel that super nice low mile cars (especially in interesting color combos) will maintain their prices - or appreciate at a slower rate!

'95 993's used to seem to bring a bit less than later versions, but due to ORB2 SAI issues on the post '96 cars I think the '95's have gained a bit back in recent years.

[WPOZZZ]

Originally Posted by G450X

I have a friend from the U.K., and he says 993 prices they have cooled off a bit across the pond.

I think the U.S is going to follow, but I don't think it's going to be a big price drop or anything, just a slight pullback. I don't see 150k mile well worn in 993's bringing big money that they may have pulled earlier this year.

I also feel that super nice low mile cars (especially in interesting color combos) will maintain their prices - or appreciate at a slower rate!

'95 993's used to seem to bring a bit less than later versions, but due to ORB2 SAI issues on the post '96 cars I think the '95's have gained a bit back in recent years.

Not to mention 95s do not have that pesky immobilizer!

[mattC2993]

IMHO nice 993 C2s are a steal compared to what long hoods and even 964 and G50s are going for. This doesn't apply to wide body cars necessarily. I have seen more WTB ads lately too.

[willcall]

Sounds like securing a very nice 993 now would be a good investment then.
Perhaps they have hit the bottom, value wise and will start appreciating soon.

Found that with our '76 C3. Paid $38,500 in '93 for it, some were asking as much as $53,000 (the car was 17years old then). Prices dipped a bit more, say low 30's but things turned around and they have been on the rise ever since. Can't really get one for under $65,000 here in Oz now.

With the 993's now around 17 years old also they may be ready to become collectable.

I love the 993's & want one badly.

[johnsjmc]

Originally Posted by mattC2993

IMHO nice 993 C2s are a steal compared to what long hoods and even 964 and G50s are going for. This doesn't apply to wide body cars necessarily. I have seen more WTB ads lately too.

Hey Matt Are you Matt 777 on Rennlist? If you are how,s that close ratio box working for you ? I should have bought it instead of passing it to you.

[mattC2993]

Its working great.

[vhs]

There are always lots of WTB 993 ads posted. Seems like the values should hold until all those guys find their cars.
I for one would like to move onto a 993, I just have to wait for the mid year's to climb in price.
Has anyone actual found a car by posting a WTB ad?

[kinein]

Originally Posted by vhs

There are always lots of WTB 993 ads posted. Seems like the values should hold until all those guys find their cars.
I for one would like to move onto a 993, I just have to wait for the mid year's to climb in price.
Has anyone actual found a car by posting a WTB ad?

Actually i bought my 993 on pelican, the inventory for 95 993 are slim to none hence the reason for a lot 993 wtb ad's. When I bought my car in march there was only 4 95 993 in California for sale. 1 94k miles for 34k, another with high mileage of 150k at 27k amd my car 72k miles at 30k. The last car was a trip tronic 85k miles at 26k. I believe that they are now in 30's to 40k with less then a 100k miles.

[kinein]

And the car I bought had a stack of service records receipts to go with it.

[johnsjmc]

Originally Posted by kinein

And the car I bought had a stack of service records receipts to go with it.

Which one was that?

[johnsjmc]

I turned down an offer of $25 for mine in May 2013 . Low because the car needed a clutch.
I then dove in and replaced the clutch , and flywheel (LWF) and while your in there partial reseal ,plug wires. etc. etc. So my service status is up to date at least. The car had 3 previous owners and I have records from the second. I,m a class A licensed mechanic here in Ontario (similar to ASC but issued by the gov,t)and I did the work.
New tires , brakes, Walrod bushings M030 sways ,corner balance and alignment during my ownership.
I now have the windshield out (small crack stone hit ). I found one small blister at the lower edge and am having that sandblasted and painted before the new windshield goes in.
I,ll probably respray the front bumper at the same time since the paint will be already mixed.

So what is an example like this one worth? I,m think probably $29. Up because of condition down because of mileage.(111,000 mi.) ? And up again because it,s in Canada but could easily be sold in the US because I bought it in NY.
My question was more What,s happening generally to 993 prices because I have to decide to keep it or sell it ,as I have a fleet of old cars now. I,ve been downsizing for a couple years now.

[kinein]

Originally Posted by johnsjmc

Which one was that?

I bought the 1 with 72k miles which had all receipts from first owner to current.

[johnsjmc]

Originally Posted by kinein

I bought the 1 with 72k miles which had all receipts from first owner to current.

thanks I was unsure if it was the tiptronic one

[mattC2993]

I think $30k is the ceiling for lots of guys (for hobby cars) and I don't doubt that there is a waiting list for 993s at or below this price level. I also maintain that there will be slim pickings of cars in that price range with reasonable miles, maintenance records, no stories, minimal owners and tasteful mods.

[johnsjmc]

Originally Posted by mattC2993

I think $30k is the ceiling for lots of guys (for hobby cars) and I don't doubt that there is a waiting list for 993s at or below this price level. I also maintain that there will be slim pickings of cars in that price range with reasonable miles, maintenance records, no stories, minimal owners and tasteful mods.

And that,s consistent with my thinking.

Mine isn,t anything particularly special.
Well maintained,but higher mileage. new tires, brakes, clutch ,windshield
Dry engine with no oil useage but no record of a top end etc
Tasteful mods,PSS9s, sways,strut brace , new cd stereo etc
Low option car- sunroof and ABD, 17 " wheels, ( keeps it simple as it ages.)
mostly original paint , clean carfax without any reported accidents (.but there has been previous paint work to the driver,s door and now the front bumper.).
Polar silver ,black leather,standard seats.

[KNS]

I found my 993 here on Pelican. I don't think it sold as quickly as it could have because it had aftermarket wheels, a big fiberglass tail, cold air intake and a rinky-dink steering wheel in it. People see the goofy bits and immediately pass. Thankfully, with the exception of the wheels all the original pieces were retained and it was nice dry state car. It's completely back to stock (except light weight flywheel) which I think is what most people are looking for.

I've put several thousand into it getting the correct Cup II wheels and taking care of some deferred maintenance. It drives fantastic and I'm amazed what a pleasurable difference it is compared to the earlier cars.

[johnsjmc]

Originally Posted by KNS

I found my 993 here on Pelican. I don't think it sold as quickly as it could have because it had aftermarket wheels, a big fiberglass tail, cold air intake and a rinky-dink steering wheel in it. People see the goofy bits and immediately pass. Thankfully, with the exception of the wheels all the original pieces were retained and it was nice dry state car. It's completely back to stock (except light weight flywheel) which I think is what most people are looking for.

I've put several thousand into it getting the correct Cup II wheels and taking care of some deferred maintenance. It drives fantastic and I'm amazed what a pleasurable difference it is compared to the earlier cars.

I agree with keep it looking stock. When I bought mine I looked at a nicer one ( lower mileage, guards red )but was turned off by the giant 2 level rear wing and a couple other things I can,t remember about it.
Since I need to keep my wife at least in the loop about what I am buying, ( She says it,s my money but she has to be seen in the car, haha) .
She was with me and was probably even more turned off than me .Even though I told her I could easily replace the tail

Having owned various 911s from 1967-1995 (first one in 1973) . I am very happy with the way the car performs compared to each earlier generation.

[COLB]

While most 911s have been steadily climbing in value, 993s have been pretty static for the past 5 years.

Part of that is because they were already being priced at a premium, being the "last of the air cooled" cars. People were socking them away as collector cars when they were new. Because of that, there are a lot of low mile examples, and most have been relatively cared for -- at least compared to their predecessors who rusted, suffered the 80s mod phase, or got driven to death when they were just "used cars".

993s have never really been used cars, and sorted examples never depreciated below $30k.

Mileage is a big negative discriminator, as is a tiptronic.

If Carreras are $25k cars, 993s are probably $35k, with a premium for rare colors, low miles, and exceptional owner history/condition. Drop $5k for a tiptronic. Another $3-4k for mileage 80-120k.

You don't see a lot of 993s with more than 120k miles.