Are 996 values THAT bad?
Are 996 values THAT bad?
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Discussion

chard

Original Poster:

60 posts

175 months

Saturday 4th May 2013
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I got a bit of a shock this morning when I took my 1998 3.4 to a couple a garages with a view to trading it in. I was consistently told by BMW, Merc and Audi that the current CAP price is £5250. Surely this can't be right for a car with full history, m030 pack, sports seat, LSD, 63000 with new condensers, brakes, tyres and no faults or insurance claims against it?
Comments appreciated.

god'sunwantedkid

256 posts

162 months

Saturday 4th May 2013
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I'll give you 7

anonymous-user

84 months

Saturday 4th May 2013
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I guess it is. 15 year old car, the extras have no value now and at that trade, I guess it will sell on for £9k or so.

Surely better to sell privately for a bit more than that and buy with no trade?

roofrack996

58 posts

231 months

Saturday 4th May 2013
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I tapped the details for my 99 C2 in to the Autotrader valuation tool online yesterday (powered by CAP apparently) and it gave me the following:

Trade in Clean Trade in Average Trade in Below
8,175 - 8,700 7,600 - 8,075 7,025 - 7,450

That is with all the options which took the original list price from 61k to 72!

Probably not the best time to sell unless you have to (triple dip recession, cars which need specialist care and have some well publicised issues).

I am about to be hit with a gearbox rebuild I think but when I scratch my head I struggle to think of a better car for the money it would cost to upgrade (even if something bad did happen). Maybe I am just kidding myself but a known quantity 996 with 10-15k spent on it is probably better than spending an extra 15k on a leggy turbo (if you're into the forced induction thing) or an unknown 997.

I like the look of the 996, the interior is (imho) pretty good if cared for and it doesn't lack for pace.

Magic919

14,510 posts

231 months

Saturday 4th May 2013
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Have a go at selling privately if you want more. Give 911V a call if you want a comparison figure.

I don't think all 996 prices are bad, but only the late ones are holding up at all now.

chard

Original Poster:

60 posts

175 months

Saturday 4th May 2013
quotequote all
roofrack996 said:
I tapped the details for my 99 C2 in to the Autotrader valuation tool online yesterday (powered by CAP apparently) and it gave me the following:

Trade in Clean Trade in Average Trade in Below
8,175 - 8,700 7,600 - 8,075 7,025 - 7,450

That is with all the options which took the original list price from 61k to 72!

Probably not the best time to sell unless you have to (triple dip recession, cars which need specialist care and have some well publicised issues).

I am about to be hit with a gearbox rebuild I think but when I scratch my head I struggle to think of a better car for the money it would cost to upgrade (even if something bad did happen). Maybe I am just kidding myself but a known quantity 996 with 10-15k spent on it is probably better than spending an extra 15k on a leggy turbo (if you're into the forced induction thing) or an unknown 997.

I like the look of the 996, the interior is (imho) pretty good if cared for and it doesn't lack for pace.
Funny enough I was just trailing the classifieds and to be honest even 100K milers are up for £10K. I think I'll be keeping the 996, my only reason for thinking of trading was due to only doing 1500 miles in the last year and my other half needs something new.
What makes you think you need a gearbox rebuild out of interest?
TA

Edited by chard on Friday 14th June 21:09

chrisgaia

212 posts

161 months

Saturday 4th May 2013
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In my humble opinion it seems that the decision to put the similar Boxster front on the 996 (deviating from the sacrosanct round headlights), the infamous (so called 'time bomb') engine trouble some had and the inevitable introduction of the water cooled engine have left these cars currently out of demand, for posterity.

Check Autotrader for a deluge of £10,000 and less examples. Something similar to yours is currently going for about £9995 from an independant dealer, Alexander Snee. I'd either hold onto it - it's a lot of car for that money! Or try for £7995 private.

I think the 964 had a similar price problems, being seen as a poor man's 993. It could be that they are seen as the poor man's 997? Things change and they could 'come back' in 5 or 10 years...

Chris


chard

Original Poster:

60 posts

175 months

Saturday 4th May 2013
quotequote all
chrisgaia said:
In my humble opinion it seems that the decision to put the similar Boxster front on the 996 (deviating from the sacrosanct round headlights), the infamous (so called 'time bomb') engine trouble some had and the inevitable introduction of the water cooled engine have left these cars currently out of demand, for posterity.

Check Autotrader for a deluge of £10,000 and less examples. Something similar to yours is currently going for about £9995 from an independant dealer, Alexander Snee. I'd either hold onto it - it's a lot of car for that money! Or try for £7995 private.

I think the 964 had a similar price problems, being seen as a poor man's 993. It could be that they are seen as the poor man's 997? Things change and they could 'come back' in 5 or 10 years...

Chris
I know what your saying, the 996 is THE least desirable 911. The thing that makes me laugh is when your read the dribble that's published in the Porsche magazines about how the 996 is a time bomb and essentially a 924/944 in terms of collectability. Speaking from experience of previously owning a 993 I have to say that the 996 is better in every way excluding looks of course. And for anyone considering a purchase of a 993, they are VERY expensive to maintain ie top end engine rebuilds, suspension overhauls and tin worm problems.
The 996 3.4 imho still represents the best naturally aspirated value on the market and they're cheap to insure.

slippery

14,093 posts

269 months

Saturday 4th May 2013
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These are certainly looking great value now. yes

Slobberchops

3,640 posts

231 months

Saturday 4th May 2013
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I paid £15k for mine last Sept, a 51 3.6 in seal grey. It was in good condition but I have just finished machine polishing it to get it even better.

I'm under no illusions that it will be with a lot less than I paid but as I am keeping it, it matters not.

Might eventually go up in value once all new stuff is strangled by emissions nonsense and have become A to B means of transport rather than something fun to drive.

roofrack996

58 posts

231 months

Saturday 4th May 2013
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Let's not forget as well that it was extremely well received and highly rated by mags like EVO and Autocar (then and now and much more so than the current 991). There are not many cars (even now) that match it for performance, without a significant hike or drifting in to M3 territory.

I have never been convinced by the 993 hype, yes they look nice but when you're driving who cares what it looks like. I get the impression that they appeal to the, ahem, older gent.

Oh and it's a notchy change in to second and a whining pinion bearing that is starting play up (on a 14 year old car with lots of high speed autobahn use and 76k under the wheels before that becomes a discussion point as well).

If I had intended to make it economically viable I would probably not have bought a german sports car in the first place!

037

1,371 posts

177 months

Saturday 4th May 2013
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Keep it? There is something very cool about a 911 that's been in the family for years!!

911p

2,361 posts

210 months

Saturday 4th May 2013
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IMO you could price it at £10995 private with a good advert (if it's a good car that is), that's a nice spec list for someone who wants a weekend car. You'd be silly to take £5250.

chard

Original Poster:

60 posts

175 months

Saturday 4th May 2013
quotequote all
roofrack996 said:
Let's not forget as well that it was extremely well received and highly rated by mags like EVO and Autocar (then and now and much more so than the current 991). There are not many cars (even now) that match it for performance, without a significant hike or drifting in to M3 territory.

I have never been convinced by the 993 hype, yes they look nice but when you're driving who cares what it looks like. I get the impression that they appeal to the, ahem, older gent.

Oh and it's a notchy change in to second and a whining pinion bearing that is starting play up (on a 14 year old car with lots of high speed autobahn use and 76k under the wheels before that becomes a discussion point as well).

If I had intended to make it economically viable I would probably not have bought a german sports car in the first place!
Interesting what you say on the gearbox. Mine's has always been notchy, the 993 was the same and the odd 964 that I've driven were the same. Does anyone know if the 996 box was a carry over from the 993. I should say it's never had a whine but in comparison to my wife's old 987 it's defiantly heavier to use.

Edited by chard on Friday 14th June 21:14

jsmjsm

5,074 posts

176 months

Saturday 4th May 2013
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pm me your reg and I will get you the actual figures for cap if you like.

chard

Original Poster:

60 posts

175 months

Saturday 4th May 2013
quotequote all
911p said:
IMO you could price it at £10995 private with a good advert (if it's a good car that is), that's a nice spec list for someone who wants a weekend car. You'd be silly to take £5250.
TBH I'm just going to keep it, its only been for sunny day runs anyway. I think a new sports exhaust and a set a Bilstein dampers maybe the way forward!

Edited by chard on Friday 14th June 21:17

roofrack996

58 posts

231 months

Saturday 4th May 2013
quotequote all
At least then you are benefiting from the investment of time, worry and cash.

Better that than selling it to someone who expects you to have footed all the bills and then still offering below the odds.

I know you're not supposed to get attached to these things but mine's been on the hol I got engaged on, our honeymoon and brought both kids home from the maternity unit. Would be leaving a family pet by the road (albeit one that has some unpleasant habits).

Not the same box as the 993 I think.

hopeydaze

320 posts

180 months

Saturday 4th May 2013
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The family was just saying today how good older 996s look. I ws driving my beaten up Land Rover from Reading to Hammersmith. On the way in we were trailed by a blue 996 with the fried egg lights. We all agreed they look good and the rest of the family couldn't understand what the fuss was about the lights.

On the way home we were overtaken by a silver C4 which turned off at Maidenhead. Spoiler ws up, it looked great and was clearly having fun on the exit at M4 8/9.

chard

Original Poster:

60 posts

175 months

Saturday 4th May 2013
quotequote all
hopeydaze said:
The family was just saying today how good older 996s look. I ws driving my beaten up Land Rover from Reading to Hammersmith. On the way in we were trailed by a blue 996 with the fried egg lights. We all agreed they look good and the rest of the family couldn't understand what the fuss was about the lights.

On the way home we were overtaken by a silver C4 which turned off at Maidenhead. Spoiler ws up, it looked great and was clearly having fun on the exit at M4 8/9.
Aye, I think and Sunday run is on the cards weather permitting.;)

Terminator X

20,674 posts

234 months

Saturday 4th May 2013
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Too many jokers selling them low is the problem, tell them to stick their 5 grand offer imho mad

TX.