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-   -   993s values declining even further? (http://forums.pelicanparts.com/showthread.php?t=1039054)

dwelle 09-03-2019 05:35 PM

Quote:

Originally Posted by Matt Monson (Post 10580536)
93079isthebestyearever is not one to be reasoned with. His positions are mostly emotional.

mostly?! you’re being kind.

you getting soft on us?...

Rawknees'Turbo 09-03-2019 05:43 PM

Quote:

Originally Posted by dwelle (Post 10580774)
mostly?! you’re being kind.

you getting soft on us?...

Maybe M2's stash is running low?!?! :eek:

https://image.shutterstock.com/image...-364889087.jpg

Matt Monson 09-03-2019 06:40 PM

Nah, with my autoimmune disease I've got all the swelling I need. Though maybe the inflammation in my brain is to blame.

Unobtanium-inc 09-03-2019 07:00 PM

Here is what I can tell you about the 993, from personal experience. It's the best driving Porsche I've ever driven, and I've driven a lot. It leaves you wanting nothing, unlike the 911's that came before and the abysmal failure that was the 996. A friend who works for Porsche says the joke there is that the 996 was the car the accountants designed.
As far as values leveling off or dropping, yes, they probably are, but only because the 993 was becoming very over-valued, something had to give. The good news is if you couldn't find one or afford one two years ago, now is your chance. The good news for me, is I can still honestly say I only paid $5000 for mine, about 3 years ago. Of course, I try not to count what it's cost me since that day, did I mention it's back in the shop...

---Adam

http://forums.pelicanparts.com/uploa...1567565969.jpg

Rawknees'Turbo 09-03-2019 07:02 PM

Does that mean that the value of the 993 GT2 Evo is also dropping?!?! Maybe there's hope for me yet!!! :D

Kansas 09-03-2019 08:15 PM

Please let me share with you an email I got from Adrian Crawford over in Britain regarding the current valuation status of the 993. I think it is spot on:

Hello Steve,

Key thing.

Is the 993 the car you like?

Or

Are you simply in it for investment?

If the former...its a hold.

If the latter....concentrate on your day job it will earn you more.My view is that the 993 are too new for now. Not enough of them have exposed themselves as terrible. For now people like the upright look of the traditional 911. The market has flattened and fallen and in Europe applies equally to 3.2 In five years i think the 993 will have gained its ground, poor ones will fall off the cliff. Good ones will become more obvious. We like refinement and some of the market will enjoy that in the 993. The taste for classic cars moves forward as we age. I dont want a model T.
Therefore I remain positive that the 993 will find more favour as poor example just like poor 964 become uneconomic to restore, laving those of us with good cars in good shape. 993 was a very good product. If it add pleasure to your life....keep it. Kind Regards,
Adrian Crawford

specialtyoneinc 09-03-2019 08:53 PM

^ well said. 993s are good driving 911s and can become great with a few mods.

93097004xx 09-04-2019 03:37 AM

Quote:

Originally Posted by Kansas (Post 10580911)
Please let me share with you an email I got from Adrian Crawford over in Britain regarding the current valuation status of the 993. I think it is spot on:

Hello Steve,

Key thing.

Is the 993 the car you like?

Or

Are you simply in it for investment?

If the former...its a hold.

If the latter....concentrate on your day job it will earn you more.My view is that the 993 are too new for now. Not enough of them have exposed themselves as terrible. For now people like the upright look of the traditional 911. The market has flattened and fallen and in Europe applies equally to 3.2 In five years i think the 993 will have gained its ground, poor ones will fall off the cliff. Good ones will become more obvious. We like refinement and some of the market will enjoy that in the 993. The taste for classic cars moves forward as we age. I dont want a model T.
Therefore I remain positive that the 993 will find more favour as poor example just like poor 964 become uneconomic to restore, laving those of us with good cars in good shape. 993 was a very good product. If it add pleasure to your life....keep it. Kind Regards,
Adrian Crawford



BaT graph shows 993s selling at significant higher $$$$ than SCs and Carreras..

964s are another matter.





Sent from my iPhone using Tapatalk Pro

SkunkWorks 09-04-2019 08:26 AM

^ but what about 930s? :)

trader220 09-04-2019 08:38 AM

"the best air cooled 911 ever made" is pretty subjective. What you think is the best others will not. What they think is the best, still others will say no to too. Lets rephrase that and just ask why 993 prices are falling, and note its your favorite air cooled model.

If you bought your car as an "investment" I am sorry to hear that. These are not particularly good investments. Sure people have been fortunate to make money on them if they had them before the run up, that still does not make them investments. If you factor in maintenance, gas, insurance, the risk free return rate, and the fact as an "investment" you really can't drive it much at all, you'd have a more clear reason why they're not investments.

Drive it, enjoy it, when you're ready to sell it, you'll get whatever the market price is at the time.

ShopCat 09-04-2019 03:43 PM

Quote:

Originally Posted by flskala (Post 10580521)
964's will always outpace 993's in price because of the short supply and Singer.
I don't believe Hagerty's figures high or low.... Wanna know how much your car is worth...? Drive it daily and see how many people ask you to sell it. Don't know if I missed if the OP's car is a Cab or not... or Tiptronic. Yuuuge affect on price in both cases. All us 993 owners would need is Magnus to build one and put out some videos tearing around in it. That should double the prices fairly quickly :).

I hate this argument, I see it used often as a gauge for value. Even seen someone say they had one of these "offers" at XX price so their car is worth at least that much lol. Next time some rando on the street asks to buy your car tell them to get their checkbook out and watch them walk away.

Rawknees'Turbo 09-04-2019 06:01 PM

^^^

Right, based on the value criteria that you quoted/commented on, my 1987 Turbo must be worth zero dollars, as I city drive it all the time and never get asked to sell it. :)

Matt Monson 09-04-2019 06:05 PM

Quote:

Originally Posted by Rawknees'Turbo (Post 10582089)
^^^

Right, based on the value criteria that you quoted/commented on, my 1987 Turbo must be worth zero dollars, as I city drive it all the time and never get asked to sell it. :)


I've got you a dollar.

Rawknees'Turbo 09-04-2019 06:25 PM

Quote:

Originally Posted by Matt Monson (Post 10582093)
I've got you a dollar.

Dayum, my car only pulls chump change!

Matt Monson 09-04-2019 06:26 PM

You calling me a chump?

Rawknees'Turbo 09-04-2019 06:35 PM

Maaayyyyybbbeeeeeee!

g_vaxed 09-04-2019 06:49 PM

Friend of a friend sold his 993 turbo during a gas station fill up.... just sayin.

Kansas 09-04-2019 08:02 PM

Quote:

Originally Posted by trader220 (Post 10581394)
"the best air cooled 911 ever made" is pretty subjective. What you think is the best others will not. What they think is the best, still others will say no to too. Lets rephrase that and just ask why 993 prices are falling, and note its your favorite air cooled model.

If you bought your car as an "investment" I am sorry to hear that. These are not particularly good investments. Sure people have been fortunate to make money on them if they had them before the run up, that still does not make them investments. If you factor in maintenance, gas, insurance, the risk free return rate, and the fact as an "investment" you really can't drive it much at all, you'd have a more clear reason why they're not investments.

Drive it, enjoy it, when you're ready to sell it, you'll get whatever the market price is at the time.


Hey Genius, no **** collector cars are not a good investment. I didn't say anything about my 993 being an investment. I wasn't born yesterday. I realize with insurance, maintenance, and property tax, it's pretty much a loss. My point was, I didn't expect the 993 to LOSE the value it has lost over the last 2 years, and was simply inquiring as to why the hell the 993 has fallen faster than other aircooled 911s. I think I like the argument that the 993 is in a correction period. Values from 2012-2016 were just over inflated.

nathanbs 09-04-2019 08:19 PM

Quote:

Originally Posted by Kansas (Post 10582192)
Hey Genius, no **** collector cars are not a good investment. I didn't say anything about my 993 being an investment. I wasn't born yesterday. I realize with insurance, maintenance, and property tax, it's pretty much a loss. My point was, I didn't expect the 993 to LOSE the value it has lost over the last 2 years, and was simply inquiring as to why the hell the 993 has fallen faster than other aircooled 911s. I think I like the argument that the 993 is in a correction period. Values from 2012-2016 were just over inflated.

Has it truly lost value in the last two years? Compared to when? the year previous?

trader220 09-05-2019 02:29 AM

Quote:

Originally Posted by Kansas (Post 10582192)
Hey Genius, no **** collector cars are not a good investment. I didn't say anything about my 993 being an investment. I wasn't born yesterday. I realize with insurance, maintenance, and property tax, it's pretty much a loss. My point was, I didn't expect the 993 to LOSE the value it has lost over the last 2 years, and was simply inquiring as to why the hell the 993 has fallen faster than other aircooled 911s. I think I like the argument that the 993 is in a correction period. Values from 2012-2016 were just over inflated.

Awe did I strike a nerve.... Congratulations you bought the top of the market. It's not an investment, yet you're here all flustered that the cars is worth less now. LoL


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