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Plenty of $10-12k early 996s now
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Just as recently as 2 weeks ago I did not find that to be the case Denis. Perhaps you have access to local cars that are not advertised? Cali appears to be ground zero for all things Porsche and doing a quick search 100 miles in range from SD I came up with ~ 6 cars that are asking under $20K - the cheapest being $2K more than your high number. What I do see are a bunch of delusional sellers who think their 50K-70K mile early 996 is worth mid $20s or better. LOL.
Yes I have some skin in this game and would like the prices hold where they are - but then I didn't buy mine as an investment.