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It is interesting to see comments that suggest these cars will NEVER be an investment...same was certainly said for similar aged 356's and early 911's in days gone by. We all know where those prices are now. I for one see NO reason that the best examples will be anything other than a good investment. JMHO.
I have a 1995 993 C4 for sale 50k. Tripple black with turbo front
Looks like the financial forecasters failed to advise properly.
Yes a Porsche 993 is a great investment! I don't want to sell as I know the price is going to continue to increase as it has since the start of the post.
My 911 C4 has doubled since I took ownership in 2010. Remember that these cars are in low production. Mine, that I have to sell, has a production run of 601 or so for all 4 years of production.
The expected is these cars will return to their original sticker value and if you had the turbo well double that sticker price. (from excellence Porsche Buyers Guide 2015) 85,000-95,000 was what my C4 cost new as she was a loaded with most options.
Does anyone have a good theory on why the non-turbo 993s haven't kept pace with the skyrocketing values of the 993 turbos and turbo S? Just a couple of years ago, a typical 4S was worth about $59k and a comparable condition turbo was valued around $70k. Today, a typical 4S is worth about $70k, versus an average turbo value of $140k.
Does anyone have a good theory on why the non-turbo 993s haven't kept pace with the skyrocketing values of the 993 turbos and turbo S? Just a couple of years ago, a typical 4S was worth about $59k and a comparable condition turbo was valued around $70k. Today, a typical 4S is worth about $70k, versus an average turbo value of $140k.
Huge difference in driving experience. A regular 993 feels rather slow in today's world, whereas a turbo still gets the heart pumping with all that torque and short gearing. The 993 Turbo was the poster car for many young adults in 1996, and as those young adults have grown up and obtained wealth, they are fulfilling their long-held dreams.
Once you've had a 993 Turbo, you will always want one. Everyone I know (including myself) that has owned and sold one, is dreaming of the day that we can get back into one again. This is a $1MM+ car in the future, it's everything a car needs to be, and not anything more; the perfect symbol of a fading era.
Huge difference in driving experience. A regular 993 feels rather slow in today's world, whereas a turbo still gets the heart pumping with all that torque and short gearing. The 993 Turbo was the poster car for many young adults in 1996, and as those young adults have grown up and obtained wealth, they are fulfilling their long-held dreams.
Once you've had a 993 Turbo, you will always want one. Everyone I know (including myself) that has owned and sold one, is dreaming of the day that we can get back into one again. This is a $1MM+ car in the future, it's everything a car needs to be, and not anything more; the perfect symbol of a fading era.
That. And the 4S and S models are relatively rare.
any car that reaches investment grade typically has to be bought before the market acknowledges it as investment grade. once you reach that point, the secret is out and prices climb on cars on the market. to me, i wouldn't call the 993 investment grade - it's a decent place to stash some money and not lose much over the years. all cars/periods also have a cycle based on interest level. once reached, the inevitable decline starts. very few examples withstand that fate and those are the blue chips. if you bought a 993 some time ago, you've made some money, but it will rise and fall with the economy typically. again, only the ultra rare collectibles are not largely impacted by other markets. if you like the 993, buy one and enjoy it while you own it knowing you won't take a big hit on the back end.
I think you are spot on with your analysis. The 993's are wonderful, but the "semi-low" mileage cars I believe have peaked and are no longer "good investments".
The peak will probably be in 10-15 years...for all 993 varieties and then soften.....just like 356, early 911s.....964s are the ones to watch for the moment...
04-23-2014, 11:41 AM
