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-   -   What is going on with 986 and 996 prices? (http://986forum.com/forums/boxster-general-discussions/45334-what-going-986-996-prices.html)

thstone 04-29-2013 08:13 PM

What is going on with 986 and 996 prices?
 
We're seeing 996 prices dropping under $20K and 986 prices going below $10K. Why doesn't the 986/996 get the same love as the earlier 993 or later 997 cars?

Are the first water pumpers really that bad? Is it all IMS-related? Where does it end?

pothole 04-30-2013 01:24 AM

Quote:

Originally Posted by thstone (Post 340212)
We're seeing 996 prices dropping under $20K and 986 prices going below $10K. Why doesn't the 986/996 get the same love as the earlier 993 or later 997 cars?

Are the first water pumpers really that bad? Is it all IMS-related? Where does it end?

It's purely an age and numbers thing.

They built plenty of them and they're getting old. But not old enough to be classics.

People forget that models like early pre-impact bumper 911s got very cheap before they bounced back. There are exceptions - the 993 never got really, really cheap. But most 911s did.

I think the 997 will get pretty damn cheap. It's certainly still falling.

Meat Head 04-30-2013 03:11 AM

A big factor is mileage. Many of the older cars have 80k-125k miles. A car that has the reputation of having very high repair costs will drop in value rapidly as the miles build. The only Boxsters I see (in my 150 mile area) for around $10k have 80k+ miles on them. The IMS scare has also been a factor but now that Porsche has released the actual fail rate numbers I think that will level out (at least for the earlier double bearing cars with less than 1% failure rate).

It is harder than many make it seem to find a very nice representation of a Boxster for $10k or under. If a person goes and looks at these $10k and under Boxsters you will find a large portion of them will have worn interiors, not garage kept, leaking oil, under maintained and sub par service records. I guess what is acceptable is all in the eye of the beholder.

I do think this is a great time to pick up a nice Boxster. Though prices are down, I think it is prudent for the purchaser to spend a little extra money to aquire a nice representation of the car. I could be wrong but I think you will see a rebound in prices on the quality, well maintained early Boxsters in the next few years.

Deserion 04-30-2013 04:39 AM

Part of the disparity between 993 and 996 prices would be related directly to production figures. The 993 run produced around 63,000 cars, while the 996 run was around 162,000. Then add in IMS issues (real and hyped), general disparaging comments on the watercooled cars.

There's a chance 996 prices may come back up, eventually, but we're not at that point yet. I don't think even the 924/944 models are on the upswing just yet (then again, I may be very wrong with this as I haven't been checking prices on those).

husker boxster 04-30-2013 04:43 AM

It's happening with 987s as well. I sold my 07 Cayman S in Feb for $32K. Wouldn't have sold it for less at that time thinking that prices would bump up with spring coming. Glad I sold it for what I did, the prices haven't rebounded and I think I got top $$$. 06 Cayman Ss are now under $30K. 08 CSs are mid-30s.

Guess they don't hold their value forever.

pothole 04-30-2013 05:26 AM

Quote:

Originally Posted by Deserion (Post 340236)
Part of the disparity between 993 and 996 prices would be related directly to production figures. The 993 run produced around 63,000 cars, while the 996 run was around 162,000. Then add in IMS issues (real and hyped), general disparaging comments on the watercooled cars.

There's a chance 996 prices may come back up, eventually, but we're not at that point yet. I don't think even the 924/944 models are on the upswing just yet (then again, I may be very wrong with this as I haven't been checking prices on those).

Personally don't think values have anything to do with IMS. it's a mass market car and most people don't have a clue. People spend a fortune sorting out old 911s these days, so running costs are not the issue.

It's these issues:

1. Prod numbers
2. Old but not old enough to be considered a classic
3. 996 styling (and 986 to a lesser extent) still a bit unloved

I think the 986/996 is a fabulous car and sentiment will turn eventually. But that's years and years away.

Homeboy981 04-30-2013 05:48 AM

People seem to just want it newer IMHO.

I read an article that newer cars (under $30k) were achieving 0-60 times that rivaled our "sports cars" and older muscle cars with hundreds of HP.

…guess the days of enjoying driving are over with more people on the roads too. Who wants a standard in bumper-to-bumper? Me, I guess - only cause I will find another road.

The "sheeple" have spoken. Fun is dead. :(

mnc-i 04-30-2013 06:01 AM

I personally think 996 prices were too high when new and still too high as a used car now.

Of course, we only see what people want for their 996s. We don't necessarily know what they actually get for the car.

I want to purchase a 1999-2001 996, but until the prices drop I cannot justify paying over $18,000 for a Carrera that looks like my 1999 Boxster from the front, has the same lousy interior yet doesn't handle as well.

I think I will keep my Boxster for a few more years. I has over 186,000 miles and I am quite satisfied.

MNC-I

recycledsixtie 04-30-2013 06:20 AM

I think it is the fun factor in the 993. The test drive I had years ago still lingers in my brain because of the exquisite noise and feel. The water pumper 996 does not compare.

986 is relatively cheap and likely will be until more folks realize it is a lot of fun for the $$$. If Porsche engineers the fun out of its modern P cars then the older fun ones should eventually increase in value or at least hold their value.

Meat Head 04-30-2013 06:21 AM

[QUOTE=

There's a chance 996 prices may come back up, eventually, but we're not at that point yet. I don't think even the 924/944 models are on the upswing just yet (then again, I may be very wrong with this as I haven't been checking prices on those).[/QUOTE]


924s and 944 will not be classics for a VERY long time. They do not posses classic lines (very dated) and are not convertible. I was never impressed with their overall performance (I've owned both). The 944 wasn't bad but the 924 was a total POS. The fact that the Boxster is a roadster will help it in the long run. Also the fact that the Boxster was intended to look retro gives it timeless lines (reminiscent of the speedster). For the most part roadsters always demand a higher resale in the classic car world. After the Boxsters that have been abused and not well maintained go to the junk-yard you will find the well maintained versions rebound (over the next few years). In 5 years or so, if a person wishes to find a nice representation of an early Boxster it will be much harder to find. Try to find a nice early 90s Toyota MR2. Now that all the abused MR2s have died a nice version will cost $$$ (and this is a car with a much smaller sticker price). Thats just my 2 cents lol.

To say that the IMS hasn't hurt the price point of the Boxster is crazy. Think about it.....I'm considering the purchase of a sports car.....do I want a car that has the potential of total engine falure that vertually totals the car or look elswere.....hence lowereing demand, hence lowering value. The IMS problem has hurt Porsches reputation. It is not the main factor in the decrease in Boxster values but it is a major contributing factor. Now that Porsche has released the true failure rates(and the word gets out) Boxsters are going to be considered a very good value wich will slowly increase prices. Again, just my 2 cents lol.

Ckrikos 04-30-2013 06:28 AM

Im waiting for 996 turbos to fall into the low to mid $30K range. I have seen some sell on ebay in the high $30's, but most still want mid 40's to low $50's, which is a lot of money for an old mass produced car. Although in my opinion its a steal.

Mark_T 04-30-2013 06:33 AM

Hard to say if the IMS issue affects pricing. I think many (most?) people buying Boxsters don't find out about that until after they buy the car, if they ever find out at all. I didn't know at the time I bought the car. It was see it, want it, buy it. I didn't even get a PPI and just got lucky in terms of getting a car that was mechanically sound. The informed and knowledgable group on this forum make up a very small percentage of Boxster owners.

In hindsight, I'm glad I didn't know about all the issues beforehand as it may have put me off buying the car, which would have been a real shame.

JAAY 04-30-2013 06:55 AM

This is what I say...

I can't get more car for the money. Nobody knows what year my car is and it still gets more looks and compliments than most cars in it's price range. I have yet to drive a better handling car under 90k. Yes I have many upgrades but with the total cost it is still under 40k after I bought it used 10 years ago. I welcome the cheap price you can pick these up for. If your a tuner like me you have the chance to own a P-car and create something that is personalized to your taste and kicks ass.

Perfectlap 04-30-2013 07:10 AM

I call it IRONY.

The surest way to bankrupt a boutique car company: make very few sales.

The surest way to save a boutique car company: sell more cars than ever.


Fast forward 17 years later and the cars that saved your tail from being bought out by Toyota are now too plentiful to escape the clutches of excessive supply and weak economy demand (996/986/996/987).
And the air-cooled cars that were doing you no favors when you needed good luck the most in the 90's are now slowly recouping lost value. Ain't that something...

I don't think its the IMS issues. Not after talking to my Indy this weekend about the cost to rebuild NA/Turbo air-cooled Carreras.
Man if dropping $12K on of those repairs doesn't scare away a first time Porsche buyer... and you thought $2K for a IMSB was bad? Put it this way, if they'd a produced as many air-cooled as the water-cooled everyone would have one of both. Antique project car for the garage, water-cooled for daily driving/autox-DE.


I'm actually surprised that there's any real price difference in values between the 996 Carreras and Boxsters. First of all they're both plagued by nearly the same engine problems and a few other things like the AOS. But more importantly the supply of 996's is much higher than the supply of Boxsters. And for a weekend wrencher interested in taking a dip into Porsche waters working on a 996 DIY is not exactly easier..

Also, the 996 has been well below 20K for quiet some time now. I'm seeing threads of people picking up fairly well kept 996's for $10-$12K. So $9K mark can't be far away with 2012 991's pushing down the prices of everything below it as far as water-cooled. It's simply way too many Carreras up for sale. The Boxsters have an additional problem, they're impractical for most who need more than two seats and come with the same budget-eating issues like expensive parts and specialized labor requirements of the Carrera. Roadsters are always a tough sell for nearly all car manufacturers. Look at Honda they threw in the towel on the S2000 which was a great car.

Perfectlap 04-30-2013 07:32 AM

Quote:

Originally Posted by Ckrikos (Post 340264)
Im waiting for 996 turbos to fall into the low to mid $30K range. I have seen some sell on ebay in the high $30's, but most still want mid 40's to low $50's, which is a lot of money for an old mass produced car. Although in my opinion its a steal.

For the engine, definitely a steal. However, I don't think I'd like to drive a pendulus, understeering car that cuts power from the rear at the slightest hint of tail-end slide (ie even more understeer)... with a potential for massively expensive repairs. The first bit of Porsche advice I got from a Porsche collector long long ago:
Don't ever buy a Porsche Turbo engine out of warranty unless you ave a chest full of cash or gold bars.

btw, I recently saw a guy on Rennlist selling his 996 C4S with the RWD mod. Asking low 30k's. Those widebodies are the nicest looking Carreras of all in my opinion. I'm in the distinct minority who didn't care for round VW Bug lights on a water-cooled car. Beautiful on a 964 or 73 RS but a bit too feminine for a big, long, plush Grand Touring.

southernstar 04-30-2013 07:32 AM

Perfectlap, I agree with much of what you say in terms of the present situation. However, while your comments concerning roadsters/convertibles is true with respect to new car sales, once vehicles have become collectible it is almost invariably the roadsters/convertibles that become the most valuable. In fact, I can't think of a single exception....

I suspect that it has something to do with the fact that, once a car is purchased or kept as a 'collectible', it is rarely a daily driver and the practical disadvantages of a convertible top become much less important (with the exception of the Cayman they typically cost more, weigh more, have more interior noise, require more maintenance while having less torsional rigidity, safety, security and luggage space). Lets face it, most people drive their classic or collectors cars only on nice days - precisely when a convertible/roadster is in its own element!

Meat Head 04-30-2013 07:46 AM

Quote:

Originally Posted by southernstar (Post 340279)
Perfectlap, I agree with much of what you say in terms of the present situation. However, while your comments concerning roadsters/convertibles is true with respect to new car sales, once vehicles have become collectible it is almost invariably the roadsters/convertibles that become the most valuable. In fact, I can't think of a single exception....

I suspect that it has something to do with the fact that, once a car is purchased or kept as a 'collectible', it is rarely a daily driver and the practical disadvantages of a convertible top become much less important (with the exception of the Cayman they typically cost more, weigh more, have more interior noise, require more maintenance while having less torsional rigidity, safety, security and luggage space). Lets face it, most people drive their classic or collectors cars only on nice days - precisely when a convertible/roadster is in its own element!


I totally agree! :cheers:

Perfectlap 04-30-2013 07:48 AM

Quote:

Originally Posted by southernstar (Post 340279)
Perfectlap, I agree with much of what you say in terms of the present situation. However, while your comments concerning roadsters/convertibles is true with respect to new car sales, once vehicles have become collectible it is almost invariably the roadsters/convertibles that become the most valuable. In fact, I can't think of a single exception....

I suspect that it has something to do with the fact that, once a car is purchased or kept as a 'collectible', it is rarely a daily driver and the practical disadvantages of a convertible top become much less important (with the exception of the Cayman they typically cost more, weigh more, have more interior noise, require more maintenance while having less torsional rigidity, safety, security and luggage space). Lets face it, most people drive their classic or collectors cars only on nice days - precisely when a convertible/roadster is in its own element!


^ I agree. I think the collector car market and daily driver market have very different buyers. Also, once a car has been produced into the tens of thousands you've pretty much show the collector people the door for at least the next 20-30 years. The only chance I think the Boxster has is if the 3rd and 4th buyers start seeriously neglecting/abandoning repairs on their cars and leave the enthusiast examples as the only cost-effective ones to purchase. I highly doubt the mechanical parts needed to keep Boxsters road going are ever going to get any cheaper. But even if you look at the air-cooled Carreras, very few have actually exceeded their original sale prices.

southernstar 04-30-2013 08:35 AM

Perfectlap, I agree with all of that except your time-line of another 20 to 30 years before they become collectible (in 30 years the early 986's will be almost 50 years old)! While I agree that by then the remaining 986's that have been kept clean and original will have dramatically increased values over the present, history has shown that collectible status is not like turning on a switch. In the intervening years, there will come a point when used values for clean, well-maintained examples will start to hold and then, gradually over the passage of time, start to increase. I suspect that we are getting close to that point now and that the supply of clean, well-maintained examples will fall dramatically over the next several years. As I have said before, the low cost of admission now is bringing in purchasers who will be unable to afford to maintain their cars. The end result is that most of the 986's will end up as basket cases/parts cars once the cost of required repairs apporaches the value of the car. The beater that is now selling for $7-8,000.00 is already at that point if there is engine failure; even having to replace such typical items as a clutch, AOS, coolant expansion tank, waterpump and suspension components would likely match, or exceed the purchase price.

One should also remember that even vehicles such as the VW Beetle - produced in greater numbers than any single model of car, have been considered collectible for a number of years. Remember, while they stopped sales in the United States in 1979, they were produced in Mexico until 1998. It is impossible today to find a clean, original, well-maintained example for anywhere near the original purchase price. Why? What was originally a huge supply of good cars fell rapidly in a very short period of time - and this was in spite of the fact that parts were very cheap.

ProjectM96 04-30-2013 08:59 AM

Quote:

Originally Posted by thstone (Post 340212)
We're seeing 996 prices dropping under $20K and 986 prices going below $10K. Why doesn't the 986/996 get the same love as the earlier 993 or later 997 cars?

Are the first water pumpers really that bad? Is it all IMS-related? Where does it end?

993=Last of the aircooled engines and the best looking 911 in many eyes.
997. It is much newer. When they are 15 years old, they will probably drop to $20,000 as well.

986=Many were produced. Many found for sale. There is no shortage of them. Same for the 996.

In 10 years, I expect the Boxster to be priced as low as the current Porsche 944's, at an average of $4500-5000.

pothole 04-30-2013 09:19 AM

Quote:

Originally Posted by Meat Head (Post 340261)

To say that the IMS hasn't hurt the price point of the Boxster is crazy. Think about it.....I'm considering the purchase of a sports car.....do I want a car that has the potential of total engine falure that vertually totals the car or look elswere.....hence lowereing demand, hence lowering value. The IMS problem has hurt Porsches reputation. It is not the main factor in the decrease in Boxster values but it is a major contributing factor. Now that Porsche has released the true failure rates(and the word gets out) Boxsters are going to be considered a very good value wich will slowly increase prices. Again, just my 2 cents lol.

You're overlooking several things.

1. The Boxster is mass market. Most people don't know about IMS issues
2. If you claim IMS has depressed values, that means they'd be higher without IMS issues.

The problem with point two is that there's no space for this to be true. Increase the price of an early 986 and you have to do the same for a late 986, as the late car is always going to be worth more at this pre-classic stage.

But then you have to adjust early 987s up and in turn late 987s.

And that just doesn't work. If you observe used values you'll see there no huge drop off from 987.2 to 987.1. The 987.2 is worth more, but the gap is no more than you'd expect for a newer model.

If you stop and think about it, you'll realise that there's really no way an early 986 can be worth a lot more than it is. From early 986s through nearly new 981s, there are a metric tonne of Boxsters out there in numbers terms. Hundreds of thousands. A few hundred or even thousand guys talking about IMS on forums is irrelevant.

And that's why they're cheap.

Perfectlap 04-30-2013 09:54 AM

Quote:

Originally Posted by southernstar (Post 340293)
As I have said before, the low cost of admission now is bringing in purchasers who will be unable to afford to maintain their cars. The end result is that most of the 986's will end up as basket cases/parts cars once the cost of required repairs apporaches the value of the car..

Which makes me wonder if it will be rare to see one of these on the road in the future. Even now with all this over-supply of decently running Boxsters how often do you see one every time you park your car in shopping mall parking lot? Still a pretty rare sight here. Now imagine how many you'll see after 10 years of neglect.

Someone might say "Boxster? Bigh whup. You can get one $5K".

Sure you can....:rolleyes:

Now what about after you've spent all the money to get brakes, suspension, cooling and engine in order? There will never be any such thing as a $5K Porsche unless you are in that small minority of buyers that do his own work.
Suspensions/control arms are still going to run $2-4K installed. A clutch/ims/rms/flywheel job is still going to run $3K and paint work will only get more expensive over time. $5K just turned into $12K and counting..

Perfectlap 04-30-2013 10:04 AM

Quote:

Originally Posted by recycledsixtie (Post 340260)
I think it is the fun factor in the 993. The test drive I had years ago still lingers in my brain because of the exquisite noise and feel. The water pumper 996 does not compare.

I had the opposite feeling. I found the 993 to be very mushy. Like the car was getting suddenly softer from the 964. Not nearly as sharp.
And while the 996 felt to me like it was disconnected in comparison to the air-cooled cars that came right before, fast is fast when you're talking about the one Porsche that's actually raced. I mean with the 996 you had total amateur weekend racers coming within a couple of seconds of professional 996 Cup Car lap times. That's nuts.
The 996 was a huge step forward in racing department.

TeamOxford 04-30-2013 10:22 AM

Quote:

Originally Posted by thstone (Post 340212)
We're seeing 996 prices dropping under $20K and 986 prices going below $10K. Why doesn't the 986/996 get the same love as the earlier 993 or later 997 cars?

Are the first water pumpers really that bad? Is it all IMS-related? Where does it end?

I'm sure that the Corvette, BMW Z3, and Honda S2000 owners are wondering the same thing about their cars:

10 sports cars under $10,000 - Yahoo! Autos

TO

southernstar 04-30-2013 12:41 PM

Perfectlap, I agree that there are no cheap Porsches and that is precisely why so many that have been (and are being) purchased cheap right now will be off the road in a the next few years. That will reduce the supply of good examples of what is already, as you say, pretty rare in many areas.

Project M96, having owned both a 944 and a 986, I disagree with your suggestion that the 944 and the 986 will ultimately be of comparable value. Consider the following:

1. The 944 recieved nowhere near the emotional response that the 986 did upon its introduction. It was, in fact, nothing more than an upgraded Porsche (or VW-Porsche) 924.
2. As a result, the 944 was and is considered by many to be something other than a 'real' Porsche sports car. The 986, however, has always been considered a 'real Porsche'.
3. Although well received, the 944 did not dominate reviews/comparison tests with its contemporaries in the way that the 986 Boxster did.
4. The 944 was a one-off model that was ultimately discontinued - the 986 was the first model of a line of sports cars (the first since the 911) that Porsche is committed to continuing.
5. The 944 was similar in layout/design to other sports cars of the period such as the Nissan Z and Mazda RX7 - front engine, rear drive, long hood and rear hatch. Far from unique, it was a Johnny-come-lately in an already saturated market. The 986, however, was a breath of fresh air. A mid-priced roadster unlike any car on the market. A car that was uniquely Porsche and recognizeable as such.
6. In that connection, design elements of the 986 harkened back to the Giant-killing Porsche 550 Spyder and the much sought-after (and also ultra valuable) Porsche Speedster; the 944 displayed no such historical connection.
7. The 986 was significant in that it is generally acknowleged to be the car that saved the marque; the 944 was simply one of two front engined cars - the 944 and 928, which were brought out by Porsche in an effort to modernize thier line and eventually discarded.
8. The 944 was never available as a roadster or cabriolet - something which all previous collectible Porsche's such as the 356 and 911 were. Over time, it is invariably the convertibles that have become the most valuable of any production model.
9. The 986 is almost universally praised for its incredible exhaust note, whereas the 944 sounded like - well, half a Porsche 928. Not bad, but hardly unique or exciting.
10. The engine in the 944 was an over-large 4 cylinder which required the installation of a balance shaft that Porsche had to license from Mitsubishi. Wow, technology shared with the Mitsubishi 4 cylinder engines used in the original Chrysler Minivans! The engine in the 986 however, was a state-of-the-art 6 cylinder, 4 cam, horizontally opposed engine with variable valve-timing.

Having owned both a 944 and a 986, I can tell you that my 944 recieved less attention even when it was a current model than my 986 does now that it is two models old. Whereas many lusted after the 986 when it was introduced, few felt the same compassion about the 944. What was true when the 944 was introduced, remains true today. It has become relegated to the status of a footnote in the history of a great marque. Does anyone othe than you really believe that the 986 - the first of the incredibly popular mid-engined Boxsters, could ever suffer the same fate?

Brad

papasmurf 04-30-2013 02:14 PM

You might want to check some of your facts on 944's and the like.
 
They were available as convertibles the last 2-3 years they were in production (944S2).

They were considered at the top of their segment and the best all around (nissan z, rx-7, supra, etc.) especially the turbo, granted they were significantly more expensive than all the others.

The balance shaft idea is not a minivan only thing anymore than spark plugs are a ford thing.

The 944 series (924-968) were some of the best selling cars porsche has ever produced. The company got plenty fat off of sales of those cars until the exchange rates went sour in the late 80's.

The 924 (apart from the already established Z) created the market segment when it came out in 76/77....the Rx-7 was still a year or two away and the supra never really came into it's own until the 86 model.

Johnny Danger 04-30-2013 02:22 PM

Quote:

Originally Posted by JAAY (Post 340271)
This is what I say...

I can't get more car for the money. Nobody knows what year my car is and it still gets more looks and compliments than most cars in it's price range. I have yet to drive a better handling car under 90k. Yes I have many upgrades but with the total cost it is still under 40k after I bought it used 10 years ago. I welcome the cheap price you can pick these up for. If your a tuner like me you have the chance to own a P-car and create something that is personalized to your taste and kicks ass.

Ditto +1 ! Only I'm in it for even more than you are ! :eek:

986_inquiry 04-30-2013 03:10 PM

Quote:

Originally Posted by thstone (Post 340212)
We're seeing 996 prices dropping under $20K and 986 prices going below $10K. Why doesn't the 986/996 get the same love as the earlier 993 or later 997 cars?

Are the first water pumpers really that bad? Is it all IMS-related? Where does it end?

good question. I almost bought a 99 996 convertible, but went for a newer 987 instead

the payment on the 99 996 would be higher even though it was cheaper because no companies were willing to finance a car that old at the rate and terms I got because a older vehicle is more of a risk

so there you have it, i chose a 987 over a 996. Crazy or brilliant? You decide :dance: but let me remind you the 987 was being sold until 2012 so I basically have a Porsche that looks like a 2012 model :D

986_inquiry 04-30-2013 03:22 PM

Quote:

Originally Posted by Perfectlap (Post 340273)

I don't think its the IMS issues. Not after talking to my Indy this weekend about the cost to rebuild NA/Turbo air-cooled Carreras.
Man if dropping $12K on of those repairs doesn't scare away a first time Porsche buyer... and you thought $2K for a IMSB was bad?

IMS totals the engine, so it is a $12k+ repair


Quote:

Originally Posted by Perfectlap (Post 340273)

Also, the 996 has been well below 20K for quiet some time now. I'm seeing threads of people picking up fairly well kept 996's for $10-$12K.

996 911 for $10k? While I don't doubt that might have happened somewhere (hate to see what it looked like!), that's hardly the norm. ~$20,000 is closer to what they cost in average condition, but if you have some links for 911's selling for $10,000 I'd be happy to take a look :D

986_inquiry 04-30-2013 03:25 PM

Quote:

Originally Posted by Perfectlap (Post 340278)
btw, I recently saw a guy on Rennlist selling his 996 C4S with the RWD mod. Asking low 30k's. Those widebodies are the nicest looking Carreras of all in my opinion.

what is the advantage of modding a C4S to be RWD? I googled it and everyone basically said don't do it
C4S: RWD Conversion - Rennlist Discussion Forums

986_inquiry 04-30-2013 03:36 PM

Quote:

Originally Posted by TeamOxford (Post 340308)
I'm sure that the Corvette, BMW Z3, and Honda S2000 owners are wondering the same thing about their cars:

10 sports cars under $10,000 - Yahoo! Autos

TO

"produces 217 hp and 192 lb-ft, enough grunt for a 0 to 60 mph romp of less than 7 seconds"

Erh, isn't it closer to 6 seconds?

HowStuffWorks "2000 Porsche Boxster and Porsche Boxster S"
"Porsche pegged the 2000 base Boxster at 6.4 seconds in the benchmark 0-60 dash, a modest 0.3-sec up on the 2.5-liter original. The real-world time was probably more like 5.9,"

disappointed Yahoo added a whole second to the 0-60 time. Thanks Yahoo.

Crono0001 04-30-2013 04:55 PM

Quote:

Originally Posted by 986_inquiry (Post 340354)
good question. I almost bought a 99 996 convertible, but went for a newer 987 instead

the payment on the 99 996 would be higher even though it was cheaper because no companies were willing to finance a car that old at the rate and terms I got because a older vehicle is more of a risk

so there you have it, i chose a 987 over a 996. Crazy or brilliant? You decide :dance: but let me remind you the 987 was being sold until 2012 so I basically have a Porsche that looks like a 2012 model :D


Why are you financing such old cars?

Porsche Chick 04-30-2013 06:29 PM

Quote:

Originally Posted by thstone (Post 340212)
We're seeing 996 prices dropping under $20K and 986 prices going below $10K. Why doesn't the 986/996 get the same love as the earlier 993 or later 997 cars?

Are the first water pumpers really that bad? Is it all IMS-related? Where does it end?

This is the way that all Porsches are. In my experience, at least.

Our first Porsche was a 1975 911 (I have no idea what the number for that is, I think it's just 911). We bought it used and had it for about 10 years. When we sold it (I think it was 1990), no one wanted it, you couldn't give those things away. A Porsche with no actual A/C, that had a tendency to overheat in traffic (air cooled was a dirty word), with dated styling. Prices were really low.

Now all I hear is how great the air cooled was, and people are paying for it like it's a feature. :confused:

I think the moral of the story is keep a car until it's about 35 years old, then the price will go up. 35 years is a loooooong time, and attrition will eat up the majority of cars of that age. Those that are left are typically well cared for and worthy of collecting.

thstone 04-30-2013 07:17 PM

Quote:

Originally Posted by 986_inquiry (Post 340358)
996 911 for $10k? While I don't doubt that might have happened somewhere (hate to see what it looked like!), that's hardly the norm. ~$20,000 is closer to what they cost in average condition, but if you have some links for 911's selling for $10,000 I'd be happy to take a look :D

Here is a link to the 996 that I just bought for $10K after my Boxster was totaled:

http://986forum.com/forums/general-discussions/44227-986-wrecked-got-996-today.html

I think that you'll agree that it looks pretty nice. Savannah beige full leather interior. Porsche/BBS Sport Design 18" two piece wheels. No leaks, runs great, drives great.

southernstar 05-01-2013 05:00 AM

Papasmurf, you are right about the convertible 944 S2's - there are so few that I had forgotten about them! As to the rest, I stick by what I had said. I owned a 1970 Datsun 240Z and a 1974 260Z prior to my 944 and even then I recognized that, apart from the rear transaxle in the Porsche, the basic form and package was no different and anything but unique or a breakthrough. The 924 was a joint project with VW and apart from great handling, it had middle-of-road performance and a rather uninspired body design. The 944 was a significant upgrade in appearance and performance and, as I said, was certainly a good car. However, it was still based upon the 924 and, as a consequence, was and is still considered by many to be less than a real Porsche.

Balance shafts are like spark plugs? I disagree. Porsche didn't have to pay licensing fees for spark plugs. When they decided to cut a V8 in half, they discovered that the inherent inbalance of a large in-line 4 cylinder engine would shake unacceptably without the addition of some counter-rotational balance. In-line 4 cylinders just don't work well at that size and that is why we see so few in-line 4 cylinder of that size ( 2.5 litres ) or larger today. Simply put, they had to pay Mitsubishi for a fix for a problem that was inherent in the design. I'm not saying that it is bad engineering, per se - just not up to the standard that one would expect from Porsche.
AIs to the value of 986 Porsches, I am also sticking to my guns. I believe that the value for clean, well-maintained, low mileage examples has probably already bottomed. I also believe, for the reasons indicated, that as the supply of good examples continues to diminish (and at an increasing rate - cost to maintain versus low value), the prices for these good examples will start to rise. In around 2021, when Porsche will likely introduce its fourth version of the Boxster, the original Boxsters will then be 25 years old. I fully expect that Porsche will recognize this and produce a 'Silver Anniversary Edition' Boxster. I also expect that some magazines will recognize this with retrospective articles on the 986 as it was not only a seminal design, but one that was responsible for the survival of this great marque. This publicity will bring about a resurgance in interest and therewith an increase in demand. Since the remaining supply of good examples cannot increase, prices will inevitably rise.

Anyway, while predicting the future value of collectible cars (or anything else) is fraught with uncertainty; and, while I did not buy my car for any reason other than my joy in owning, driving and looking at her, I nevertheless believe that there is good news in the current low prices for owners and prospective purchasers of clean, well-maintained examples of the 986. At the very least, depreciation will be very low; at best, there is reason to believe that in another 8 years (mid-term from an investment standpoint), the values will start to rise significantly. Is that a sufficient reason to hang on to yours? Probably not. But if your 986 continues to provide joy and excitement that would be hard to replicate with any other car for the money, then by hanging on to it you may just end up in one of those very rare win/win situations.

Brad

pothole 05-01-2013 05:52 AM

924 through 968 are misunderstood.

They are properly engineered things that make 986s feel utterly flimsy. The control weights and feel in those cars are pukka. The 986 is an over-servoed luxury barge by comparison.

They're transaxle designs, part of the reason they handle so well and typically quite a high end feature.

The only problem for me with the 924 through 968 is that they lack a rousing flat-six engine note.

Don't get me wrong, I think 986 are wonderful and on balance prefer them to 924-968s. But those four-pit cars do have the edge on our Boxsters by some driving-enjoyment metrics.

Perfectlap 05-01-2013 06:56 AM

Quote:

Originally Posted by 986_inquiry (Post 340358)
IMS totals the engine, so it is a $12k+ repair

I don't think you can lump together a catastrophic repair (not part of the plan)
with doing a $7-$12K front-end on an air-cooled NA/Turbo engine which has to be done every x number miles. And only a small % of water-cooled engine need a total engine rebuild/swap. Over the long term on as far as cost to own, a water-cooled engine is by far the cheaper alternative. Well...unless you never drive the car but what's the point of having a sports car sitting in a glass bottle. If you're going to do that go buy a Jag or Merc.

Quote:

Originally Posted by 986_inquiry (Post 340358)
996 911 for $10k? While I don't doubt that might have happened somewhere (hate to see what it looked like!), that's hardly the norm. ~$20,000 is closer to what they cost in average condition, but if you have some links for 911's selling for $10,000 I'd be happy to take a look :D

Somewhere? :D How about this very forum less than a month ago? And by the looks of the photos, TheStone's 996.1 was hardly in average cosmetic or mechanical condition. A real enthusiast-owned cherry.
And guess what....that wasn't the first or even fifth 996 I saw go for $10-$12K. As a matter of fact there's a post right now on Rennlist for a 996 Cabriolet w/ 18" wheels purchased for $11.5k (picture).
The only people selling moderate to high mileage early 996's near to $20K are people who found a buyer with more money than knowledge. $20K is the retail price for a guy who stumbles onto Autotrader and spots a dealership's marked up price for a 996 that they picked up for peanuts at Manheim auctions. Search the direct from the seller classifieds on Craigslist and the car forums and you'll see that expectation level for the mileage and condiditon of a standard early 996.1 listing for ~$20K demands a nearly immaculate car.

Here are unofficial production numbers for early 996's.

1998: 9248
1999: 28,040
2000: 20,979
2001: 27,275
Total: 85,542

And there's about another 100K 996.2's right behind those..

Perfectlap 05-01-2013 07:19 AM

Quote:

Originally Posted by 986_inquiry (Post 340359)
what is the advantage of modding a C4S to be RWD? I googled it and everyone basically said don't do it
C4S: RWD Conversion - Rennlist Discussion Forums

996 AWD cars (C4 and Turbo) poduce more understeer than perhaps any water-cooled Porsche. Any slight bit of the rear stepping out and it cuts power to the rear which then...produces even more understeer than it already has.
Not a car you want to race with.

southernstar 05-01-2013 09:03 AM

Pothole, the 944 may be misunderstood by some, but as a previous owner, not by me. The original 986 was anything but a 'luxury barge' - in fact, the leather interior in my 944 was no more or less luxurious than my 2000 986 (neither using absolutely top-of-the-line materials or assembly). The 986, as a roadster, will obviously have less torsional rigidity than a hardtop, but it was nevertheless quite rigid for the time of its introduction. Curb weight is not much greater in the early 986's than in the 944's: 2601 lbs for the 944 S2 versus 2773 lbs. for my 2000 Boxster 2.7. When one considers that this includes the installation of air bags and the additional weight required for a convertible top, they can hardly be described as 'barges'.

The fastest of the normally aspirated 944's, the 2.7 litre S2 had 163 HP and 150 lb/ft of torque; my car has 217 HP and 192 lb./ft of torque; what is more, due to variable valve timing, the torque and power curves are much flatter in the 986. This, in conjunction with a more slippery shape as permitted by the mid-engine design (and more attention to wind tunnel analysis) makes it easy to see why the 986 is a MUCH faster and more flexible car than even the S2 version of the 944.

Driving enjoyment metrics? Not sure what that means, but the 986 has better braking, lateral acceleration, acceleration and top speed - all in addition to the joys of open air motoring and the incredible exhaust note. Understand that the mid-engine placement in the 986 creates less weight transference forward under braking, improving both balance and reducing dive. It is no mere coincidence that all pure racing cars designed over the last 50 years use mid-engine placement.

What is more, the horizontally opposed flat 6 in the boxster creates a lower center of gravity than the L4 that was used in the 944. A small difference, perhaps, but every little bit adds up in terms of handling and balance.

Yes, my 944 was a good car and a blast to drive - but it was in no way as fun, fast and capable as my 986.

Brad


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