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One thing about the Porsche Carrera GT is that it makes no apologies. There is no additional single clutch gearbox for people who want to just scoot around, no soft comfort seats, and certainly, nothing to save you when things get hairy. It is pure take it or leave it and if you are brave enough, you can find out what the limit really is in one of these. I think that is one part of why these have shot up in value like crazy as there certainly will never be another car like the Carrera GT. Today’s car, a Guards Red example up for sale in California, certainly brings one of those crazy price tags but also a fair amount of miles for one of these.
The 918 Porsche Cayman GT4 was one of those cars that was a somewhat realistic purchase I thought I could swing once they started aging and future generations would drive the prices down on. Or so that is what I thought. For a good while there, it seemed to be trending that way. From 2017 to mid-2020, lightly used examples were between $80,000 and $90,000, and with talk of the 718 GT4 coming soon, we thought prices would keep creeping down. Well, that didn’t happen because of the perfect storm that happen post-2020 and now we are still hovering around sticker price for cars with over 10,000 miles and some of the really nice examples are well over $100,000. Maybe in another six years?
The 997 Porsche 911 generation continues to age gracefully in my eyes. It certainly won’t get mistaken for a new car, but I certainly think it a soothing and classic shape that will go down as a “win” for the design team at Porsche. As with almost cars, the facelift model years always get the first look, but I really like the pre-facelift examples just as much as the later cars. Today’s example, a base 2005 C2, is finished in the classic Guards Red over black leather and has just 39,000 miles. The price? Well … at least it is in the ballpark.
I know there is a massive yearning for the lightweight aircooled Porsche 911s, but given how Porsche had to deal with, the 991 generation turned out pretty good. It surely isn’t ugly or offensive in terms of styling, and the performance is always at the world standard in terms of how they manage so much performance out of a flat-six engine that fits behind a set of the rear seats. I don’t think there is single variant of the 991 that you couldn’t drive everyday if you were brave enough, granted there was no snow on the roads, and still be extremely comfortable doing it. Even the base model C2 examples, like the one we are looking at today, still brings strong performance terms of power and numbers. The thing I have to wonder is, how far will they fall in terms of price?
One thing that doesn’t make sense to me is the Porsche 993 market. A handful of years ago they had a sudden rise and seemed to settled at prices are were somewhat understandable. The Turbo was the king of the hill, then you had the C2S and C4S, followed by the regular C2 and C4, and bringing up the rear was any Cabriolet or Tiptronic gearbox car. Now in 2021, things have reached insanity levels. Any 993 Turbo is going to start at minimum $150,000 and have to potential to go well over $200,000, while the C2S and C4S are starting at $100,000 and making their way towards that $150,000 mark. The rest of the lineup? Thankfully, they’re not drafting to closely. Maybe a rising tide doesn’t lift all boats?
