Oh and buyers of old Porsches don't care about the risk of rebuilding engines.
Let me qualify that:
Buyers of nearly new cars, the buyer is the type that expects it to work with no problems whatsoever, a rebuild is off their radar and they would void anything with any reputation. Its not acceptable risk when buying a nearly new car. So the 996 bombed in value.
Buyers of old cars know full well that anything might go pop at any time, and they have no warranty. They are well aware of the risk of rebuilding, but the character of the cars means its a risk worth taking. As a whole proposition they like the 996 so they start to rise in value.
So completely different sets of buyers with different attitudes to risk.
Some air-cooled cars had a bad engine rep for a while, now look at the desirability!
The 996's biggest problem in value rise is the 997.2, which is basically the same car but with reduced risk. So its unlikely to rise beyond 997.2 IMHO unlike the trend from prior Porsches.
Maybe I'll buy a 997.2, convert to cable throttle and swap the wings and headlights from mine. Call it a Slinger or something.
Let me qualify that:
Buyers of nearly new cars, the buyer is the type that expects it to work with no problems whatsoever, a rebuild is off their radar and they would void anything with any reputation. Its not acceptable risk when buying a nearly new car. So the 996 bombed in value.
Buyers of old cars know full well that anything might go pop at any time, and they have no warranty. They are well aware of the risk of rebuilding, but the character of the cars means its a risk worth taking. As a whole proposition they like the 996 so they start to rise in value.
So completely different sets of buyers with different attitudes to risk.
Some air-cooled cars had a bad engine rep for a while, now look at the desirability!
The 996's biggest problem in value rise is the 997.2, which is basically the same car but with reduced risk. So its unlikely to rise beyond 997.2 IMHO unlike the trend from prior Porsches.
Maybe I'll buy a 997.2, convert to cable throttle and swap the wings and headlights from mine. Call it a Slinger or something.
![M@r]{](/data/avatars/s/33/33392.jpg?1711542458){kind=avatar}
