993s values declining even further?

[dwelle]

Originally Posted by Matt Monson

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]

Originally Posted by dwelle

mostly?! you’re being kind.

you getting soft on us?...

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

[Matt Monson]

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]

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

[Rawknees'Turbo]

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

[Kansas]

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]

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

[93097004xx]

Originally Posted by Kansas

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]

^ but what about 930s?

[trader220]

"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]

Originally Posted by flskala

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]

^^^

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]

Originally Posted by Rawknees'Turbo

^^^

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]

Originally Posted by Matt Monson

I've got you a dollar.

Dayum, my car only pulls chump change!

[Matt Monson]

You calling me a chump?

[Rawknees'Turbo]

Maaayyyyybbbeeeeeee!

[g_vaxed]

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

[Kansas]

Originally Posted by trader220

"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]

Originally Posted by Kansas

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]

Originally Posted by Kansas

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