Quote:
Originally Posted by Perfectlap
I always find this statement a bit odd. If you can't afford a new 991 or newish 997 you can buy an old 911 all day long. The papers are full Carreras going for the same money as a low mileage Boxster or Cayman. In fact, some 996 Carreras can be had for barely $10K. High miles of course but a water-cooled Porsche can handle it.
The notion that a Boxster is the default option for a limited budget is misplaced.
Water-cooled Carreras are depreciating just the same as Caymans and Boxsters.
Actually when the stock market crashed in 2008-2009 they took a nighmarish beating. Some 996's that stickered well over $80K could be had for less than $40K before the factory warranty had even expired. Ouch.
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You are so right. My brother bought a 2002 C2 Cab 6speed new for $96k. It was a 3rd car so by 2008 he had put only 17,000 miles on it. It was perfect -- garaged all day, under a car cover inside. Never driven to work. Not a tiny stone chip, interior and wheels perfect. Spent 3 months trying to sell it before getting an offer of 40k and settling on $42k. THe second owner got the world's best deal on a sportscar!