993 sales seem to have dramatically slowed
07-02-2017, 03:26 PM
#76
Race Car
What demographic made up this feeding frenzy? I recently read an article about air koolers being a fad among millennials of means and as we all know, these trends all start in California. On the other hand interest rates are definitely on the way up a little more quickly than we anticipated.
07-02-2017, 03:30 PM
#77
Instructor
You were selling a very high mileage 993 for a rock bottom price. If anything, you are proving what many are posting in this thread.
If you had posted that car with an Ask beginning with a ($4) if would have sat.
There are always buyers for aggressively-priced cars.
07-02-2017, 03:31 PM
#78
Your feeding frenzy was most likely caused by your asking price. Very few 993's are priced in the mid $30's anymore...
07-02-2017, 03:51 PM
#79
Burning Brakes
What demographic made up this feeding frenzy? I recently read an article about air koolers being a fad among millennials of means and as we all know, these trends all start in California. On the other hand interest rates are definitely on the way up a little more quickly than we anticipated.
Not completely sure of the entire demo as the first person who saw it bought it. But my general sense is it was a mixed demo. The new owner is late 20's
07-02-2017, 03:55 PM
#80
Burning Brakes
No doubt. But that's my point. An appropriately priced 993 will sell quickly. If I had been unrealistically in my asking price it would have sat but that has nothing to do with the market it has everything to do with the seller.
07-02-2017, 05:05 PM
#81
Rennlist Member
I did an inventory of 993 NB C2 that actually sold on eBay. The overwhelming majority were in the mid 30s. For a person who is not DIY, condition and service history should be the major consideration.
07-02-2017, 07:13 PM
#82
Drifting
Join Date: Sep 2002
Location: La Jolla, CA
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I don't really follow the market and haven't thought about how I would price mine because I don't see myself selling it anytime soon and I have no illusions about recovering even a fraction of the ghastly amount of upgrade dollars in to it (easily new GT3 territory at this point). But I have a drawer full of notes left on my windshield and Rennlist PM's from cash right now buyers so I'm pretty sure well cared for cars and even ones like mine heavily modified but properly done which although limits the buyer pool obviously will still move quickly if fairly priced perhaps even at a premium.
07-03-2017, 09:15 AM
#83
Rennlist Member
There are too many modern Porsches (1999-present) on the road today. I could have bought a new GT3, Turbo etc... but prefer a more visceral driving experience with the old 911s. There is nothing like it...it's you and the machine. The 993 is the last of the Air/Oil Cooled cars and Porsche won't be making anymore of them. The Porsche 911 is unique in that it's the longest production sports car. It's not a Ford, Chevy, Pontiac etc... it's a "Porsche." I don't believe the values will change much over time .... my only concern is, as our mechanics age there will become fewer and fewer familiar with our cars that are able to work on them. That is my biggest concern. Thus the cost to fix our cars is going to rise dramatically. I also think it's much "Cooler" to be driving a 911 Air Cooled car than any of the new water cooled variants. Just my 2 cents.
Last edited by Gbos1; 07-03-2017 at 09:37 AM.
07-03-2017, 10:13 AM
#84
Race Car
I did a nice long drive from Boston out through western ma and racked up a couple hundred miles yesterday enjoying every minute of the drive. Not once did I think about what the car was worth yesterday, what it'll be worth tomorrow or who's the market. Just enjoyed the result all the subtle changes/sorting I've done to make it drive just the way I like.
07-06-2017, 01:25 PM
#85
Rennlist Member
Stoopid audi of North America does not import them.
I rode in one a few weeks ago while in Switz and saw many in the campgrounds @ Le Mans.
cheers
07-06-2017, 01:50 PM
#86
+1, too bad Audi don't import the RS4, I really like it too since their B5 platform. In fact, I think Audi had removed all avant from their US line up except Allroad which is not really a sport wagon...=(
07-07-2017, 07:39 AM
#87
I can only speak for myself and why I might sell but think it's because when the prices skyrocketed about 5 years ago; there was no longer a new Porsche that I could really get behind to replace my 993.
Now that they're making naturally-aspirated GT3s with manual transmissions again there's a car Porsche is making new that I'm interested in.
...and since all these cars are going to be typewriters in 20 years when the government mandates iBot driven cars for all our safety; I can't afford to keep 2.
Now that they're making naturally-aspirated GT3s with manual transmissions again there's a car Porsche is making new that I'm interested in.
...and since all these cars are going to be typewriters in 20 years when the government mandates iBot driven cars for all our safety; I can't afford to keep 2.
07-14-2017, 10:20 AM
#88
interesting read about soft overall market for classics
https://www.bloomberg.com/news/artic...sic-car-market
https://www.bloomberg.com/news/artic...sic-car-market
07-20-2017, 11:34 PM
#90
Two recent eBay auctions:
C4S, 14K miles, red/tan: $57,100
C2S, 3K miles, white/grey: $80,600
Gives you a sense of where the market is. Both cars seem mint with no issues.
Yes, they did not meet the reserve; but that doesn't matter - these prices reflect what buyers were willing to pay, for these cars, on this day.
C4S, 14K miles, red/tan: $57,100
C2S, 3K miles, white/grey: $80,600
Gives you a sense of where the market is. Both cars seem mint with no issues.
Yes, they did not meet the reserve; but that doesn't matter - these prices reflect what buyers were willing to pay, for these cars, on this day.