Value of 993 C4S in todays market?
#1
Rennlist Member
Thread Starter
Value of 993 C4S in todays market?
I have leads on 3 different 993 C4S to consider purchasing this spring.
Each car seems to have the right criteria:
- mileage between 25K and 40K
- service records
- no accients
All seem to be solid cars and will requite a PPI if purschased.
It's just hard to get a feel for the current market with regard to asking price, offer, and purchase price.
It seems that alot of cars on EBAY, autotrader etc - sit for a long time and don't sell. Granted most on non-S models.
Holt had a nice 98 C4S with 28K miles that sold in 1 week for $55K.
I was interested in what's people's thought were regarding a fair value for a well sorted car with no major issues?
Each car seems to have the right criteria:
- mileage between 25K and 40K
- service records
- no accients
All seem to be solid cars and will requite a PPI if purschased.
It's just hard to get a feel for the current market with regard to asking price, offer, and purchase price.
It seems that alot of cars on EBAY, autotrader etc - sit for a long time and don't sell. Granted most on non-S models.
Holt had a nice 98 C4S with 28K miles that sold in 1 week for $55K.
I was interested in what's people's thought were regarding a fair value for a well sorted car with no major issues?
#2
I would say that with the criteria that you've listed, in addition to tasteful mods and depending on whether it's a private sale or dealer, I would say fair value would be anywhere from $45k-$55k.
#4
i've been on the hunt to for a c4s(higher mileage though) and from what you've described i'd agree with mid to high 40's.Of coarse that all goes out the window depending on color combo,1owner,25k with all of the perfect maintenance and records to prove it kinda c4s's
#6
Racer
Join Date: Mar 2010
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So I just had my C4S's value determined by the PCA valuation committee. I attached the document I received which shows the value span for these cars. Mine is a 1996 C4S in Arena Red with Black interior with 65K and sport seats. Just to give you a reference point. Hope this helps.
Ryan
Ryan
Last edited by ryguy993; 03-19-2015 at 11:32 PM.
#7
Race Car
So since I own a 4S, I was curious what today's "value" or sales prices meant in yesterday's money. A 4S in 96-97 lets say ran $75-80K give or take. Today, that dollar value (factoring in inflation and devaluation of the dollar) would represent $55k +/-. Selling a car today for the $50's is like selling it for the same money when it was new! Or looked at the other way, to buy that same car new with today's money would run us 101k? So if you owned one from new, you've lost not relative value (with inflation).
Values obtained here: http://www.westegg.com/inflation/
Values obtained here: http://www.westegg.com/inflation/
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#8
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#9
PS Armorer
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So since I own a 4S, I was curious what today's "value" or sales prices meant in yesterday's money. A 4S in 96-97 lets say ran $75-80K give or take. Today, that dollar value (factoring in inflation and devaluation of the dollar) would represent $55k +/-. Selling a car today for the $50's is like selling it for the same money when it was new! Or looked at the other way, to buy that same car new with today's money would run us 101k? So if you owned one from new, you've lost not relative value (with inflation).
If you bought it new for $75-80k it would have to be worth $101k today for you to "break even" in real terms. Instead it is worth $55k and you have lost $46k. Think of your opportunity cost on the $75-80k of 15 years ago.
Good try though
#10
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That's some rationalization right there! I can relate , however, you have your math upside down.
If you bought it new for $75-80k it would have to be worth $101k today for you to "break even" in real terms. Instead it is worth $55k and you have lost $46k. Think of your opportunity cost on the $75-80k of 15 years ago.
Good try though
If you bought it new for $75-80k it would have to be worth $101k today for you to "break even" in real terms. Instead it is worth $55k and you have lost $46k. Think of your opportunity cost on the $75-80k of 15 years ago.
Good try though
+1
#11
Rennlist Member
No matter what we say about the math calculation above, these cars were goofy expensive when new. The '94 968 I just picked up for petty cash had a sticker of $39995 + (light) options, taking it to about $45K. And my 4S stickered for almost $91K.
Those prices about equaled my annual earnings at those points in time. Not that I'd ever buy new, but it sure seems easier to think of dropping $65K (Cayman) or $125K+ (991 optioned similar to the 4S) today.
Those prices about equaled my annual earnings at those points in time. Not that I'd ever buy new, but it sure seems easier to think of dropping $65K (Cayman) or $125K+ (991 optioned similar to the 4S) today.
#12
Race Car
That's some rationalization right there! I can relate , however, you have your math upside down.
If you bought it new for $75-80k it would have to be worth $101k today for you to "break even" in real terms. Instead it is worth $55k and you have lost $46k. Think of your opportunity cost on the $75-80k of 15 years ago.
Good try though
If you bought it new for $75-80k it would have to be worth $101k today for you to "break even" in real terms. Instead it is worth $55k and you have lost $46k. Think of your opportunity cost on the $75-80k of 15 years ago.
Good try though
Luckily I didn't buy new and think I've made money were I to sell........I'm not, just saying
#13
Race Car
I've just bought a 98 Ocean Blue Metallic C4S with Cashmere interior with 53k miles and full service history, clean carfax, superb PPI between $40k and $50k.
Do your research and I would expect you should be finding one for the $42 to $46k mark in the condition you describe or in comparison to mine.
I think I got a great deal.
Do your research and I would expect you should be finding one for the $42 to $46k mark in the condition you describe or in comparison to mine.
I think I got a great deal.
#14
$40k = great deal; $45k = good deal; $50k = steal (from the seller's side)
#15
Burning Brakes
What do you think?...are we seeing the bottom of the depreciation for a C4S...or the 993 in general?
I had a 1995 C2 back in like 1999...I think I sold it in 2001 or '02 for around $38K. It had 40K-50K miles...the market has come down a little from there but not too much.
I had a 1995 C2 back in like 1999...I think I sold it in 2001 or '02 for around $38K. It had 40K-50K miles...the market has come down a little from there but not too much.