Yeah, my bro has a 98 C2S and my dad a 96 or 97 Turbo, as well. My uncle also has a 98 C2S that my dad sold him 10 years ago. Things have gone crazy, price wise. My dad sold his 2008 GT2 and Carrera GT a few years ago and is kicking himself for it. The depreciation of the Canadian dollar by 20% over the past 18 months has compounded the increases, as well. I believe it's only certain models/years of the 993's that have skyrocketed, though. My understanding is that the 98 C2S's have gone up a lot because S's were pretty rare to begin with, and 98 was only a half production year as the factory shut down early to re-tool for the 996's. Similarly, they either didn't make Turbos as a 98 model year or they're incredibly rare, making the 96/97's that much more valuable. If you have a plain old 96 Carrera or something, it's holding value but probably not much more than that. In any case, the mid to late 90's Porsches were the last ones where Porsche was actually a limited availability car. Now, they'll sell as many of the vast majority of their models as they can.No shit man, invest $200k in 993 porsches 5 years ago and you'd probably have a 300% rate of return even if you just parked them in a garage and let them rot. And generally, those things are pieces of shit. People just like the classics these days.
Thats true but I'm not enough of a shitlord to value cars based on rarity yet, I basically just go for performance/value/appearance. I'm not at the "I've got one and you can't even buy it neener neener" stage yet. Haha.In any case, the mid to late 90's Porsches were the last ones where Porsche was actually a limited availability car. Now, they'll sell as many of the vast majority of their models as they can.
Nor am I, really. In any case these days you're only going to get that kind of exclusivity in terms of rarity if you're spending half a mill and up on a new car. That's a giant newp for me.Thats true but I'm not enough of a shitlord to value cars based on rarity yet, I basically just go for performance/value/appearance. I'm not at the "I've got one and you can't even buy it neener neener" stage yet. Haha.
PenFed Banking & Investing | Mortgages, Car Loans, Credit Cards & Much Morewhat should I aim for? 2%?
With your good credit, you should be able to get up to 60 months for no more than 1.9%. If 0.9 is available for 60 months, it should mean that 1.9 is available for 72.what should I aim for? 2%?
Banks give lower rates on new cars too.I always thought it was manufacturers coming up with additional ways to move cars
Maybe it's to offset/bite-into that. Can't have the customer getting too sweet a deal!I never understood why used cars pay a higher % interest.What, people with better financial sense than to buy new carsare... higher risk? What?