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Most air cooled 911s have already bottomed out depreciation wise and market is pretty firm. Most enthusiasts in the used car market seem to prefer air cooled; creating a demand for good cars.
The 996 is still depreciating, but I would think bottom out soon. Porsche sold a ton of these so there is a good supply. Water pumpers don't seem to have the following of an air cooled version. The depreciation rate of new 911s seem to be quite high. It doesn't take too long for an 80k car to become a 45K. In 10 yrs, it's 20K car.
25K for 185k mile '85 is crazy. I guess some people think they have a pot of gold. I would look at models and test drive them. See which one you like best.
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1987 911 Carrera
2006 Audi A3
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