Quote:
Originally Posted by thstone
Not really as much of a steal as you might think. Blue Book was $7,500. 996's sell for a dime a dozen just like Boxster's - especially high mileage cars. Don't believe the listing prices and don't believe the forums; 996's are selling at 99-Cent store prices.
And just like a Boxster (which it is!), the cost isn't in the purchase price, the real cost is keeping things fixed. Look at the list of items that I repaired - if I paid a shop to do all of that work, it would have been close to 50% of the value of the car. And it still needs $2,000 in shocks and suspension re-fresh parts + whatever else might come up. And at nearly 150K miles, that engine won't last forever.
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While the old cars hold their value and may even go up maintainance costs isn't any better. Doing a proper air cooled engine rebuild is not for the faint at heart. These cars are getting really old and need almost constant attention to keep in good running condition.
I for one am looking forward to the 987/997s to sell for 99 cents store prices.
Enjoy your Carrera. Even though they are money sucks they are a hell of a lot of fun and offer an experience that really does not exist anywhere else especially compared to new Porsche's.