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    Is 993 better LT value than K-Man?

    What is the best depreciating asset? 993 or Cayman S.

    Do you think my money (mid $60s) over a 7-10 year period would be better employed against a beautiful basalt black Cayman S or a used 993 (modest mileage).

    Please comment on my crazy "logic"............

    The 993 is my favorite p-car with respect to styling. However, the valve wear problems and the likely emission challenges in CT make me weary. Check out the tech forums on 993s (pca.org). The risk with 993s (or any used p-car) will never be totally eliminated through pre-purchase inspections and maintenance records. I also do not have the time or resources or personality to check out 10+ cars in the NE to find what I think is the "right" car (i.e. reduce my risk). You "know what you know" and you "know what you think you don't know". However, you "don't know what you don't know". The car cannot talk and the the seller wants to maximize his gains in the exchange. I price the risk for most used p-cars in the $20s. no seller will sell me a operating porsche at that price.

    I am mindful that the Cayman S will likely exchange hands for $20-30K in 7-10 years in a private sell . A new Cayman will offer me a warranty for 4 years (low $ risk) PLUS I know how it was it handled and maintained.

    The 993 would cost ~$40K used + ~$20K in repairs/engine replacements over 7-10 year period. The 993 will be worth in the $20s in 7-10 years.

    A Cayman S is better value in 7-10 years?

    Re: Is 993 better LT value than K-Man?

    Value is a tough equation when it comes to this sort of decision. Which one do you want to own for 7 to 10 years? They are both crappy "investments". 7 to 10 years is awfully hard to predict on depreciating assets with unpredictable markets, especially in the case of these two models. 993 is an emerging classic, which could go any number of ways over time. The Cayman is a brand new model with no history from which to predict.

    Therefore I return to my original question: which one do you want to own for that long of a period of time.

    Re: Is 993 better LT value than K-Man?

    Wich do you really want to spend the next 7 - 10 years driving?

    Re: Is 993 better LT value than K-Man?

    Although there are maintenance issues with 993's that can be expensive, bear in mind that if you have a rear main seal leak in the Cayman's motor due to poor concentricity of the casting and crankshaft (common), you will need to buy a whole new motor (after warranty). Also, the tranny cannot be rebuilt - you just buy a new one.

    993's are much more servicable...

    Re: Is 993 better LT value than K-Man?

    great point. Thanks

    Re: Is 993 better LT value than K-Man?

    i asked myself the same question a month ago and bought a 993
    JM

    Re: Is 993 better LT value than K-Man?

    the 993 is classic, the cayman is cute;) go with the 993!!!

    Re: Is 993 better LT value than K-Man?

    When buying a Porsche, ask your heart and not your pocket. If you have to ask your pocket, you usually can't afford it. Sounds too harsh? Welcome to the real world.
    I don't see how someone could choose between a 993 and a Cayman, sorry. Two different cars from two different generations of Porsche cars. In my opinion, you just want to "burn" over 60k for a Porsche, no matter which one. The Boxster may be too feminine to you or you don't like Cabs, the 997 may be too expensive. And of course you don't like the 996 too much.

    Sorry for my "rude" words but I'm just trying to wake you up before you end up with a car you actually never wanted.

    Re: Is 993 better LT value than K-Man?

    993s are excellent cars and probably represent one of the best 911s of all time....if not the best IMO. Comparing it back to back with a Cayman would be futile though as the Cayman has 10 years on it, mid-engine placement, more HP, etc. If I was going to pick one to drive on a daily basis the Cayman wins hands down.....it is an absolute blast to drive and would pretty much eat a 993 in every area.

    Any Porsche should not be considered an asset.....it's a nice expensive toy that is meant to reward you in other areas except the wallet.

    Re: Is 993 better LT value than K-Man?

    Quote:
    MikeN said:
    993s are excellent cars and probably represent one of the best 911s of all time....if not the best IMO. Comparing it back to back with a Cayman would be futile though as the Cayman has 10 years on it, mid-engine placement, more HP, etc. If I was going to pick one to drive on a daily basis the Cayman wins hands down.....it is an absolute blast to drive and would pretty much eat a 993 in every area.

    Any Porsche should not be considered an asset.....it's a nice expensive toy that is meant to reward you in other areas except the wallet.



    As I always say, emotion cannot be quantified into dollars and cents.

    Re: Is 993 better LT value than K-Man?

    Quote:
    Grant said:
    Although there are maintenance issues with 993's that can be expensive, bear in mind that if you have a rear main seal leak in the Cayman's motor due to poor concentricity of the casting and crankshaft (common), you will need to buy a whole new motor (after warranty). Also, the tranny cannot be rebuilt - you just buy a new one.

    993's are much more servicable...


    ....I think in the U.S., with the 4 year warranty, it is highly unlikely that you would have to pay for an RMS seal replacement and/or new engine to fix the problem. If it doesn't show up during the warranty period, it probably won't at a later point.....very similar to the "head/cylinder" oil leak on the early 964's, if it didn't show up in the first few years of use, you were typically OK.....

    Re: Is 993 better LT value than K-Man?

    Quote:
    964C2 said:
    Quote:
    Grant said:
    Although there are maintenance issues with 993's that can be expensive, bear in mind that if you have a rear main seal leak in the Cayman's motor due to poor concentricity of the casting and crankshaft (common), you will need to buy a whole new motor (after warranty). Also, the tranny cannot be rebuilt - you just buy a new one.

    993's are much more servicable...


    ....I think in the U.S., with the 4 year warranty, it is highly unlikely that you would have to pay for an RMS seal replacement and/or new engine to fix the problem. If it doesn't show up during the warranty period, it probably won't at a later point.....very similar to the "head/cylinder" oil leak on the early 964's, if it didn't show up in the first few years of use, you were typically OK.....


    That's a nice thought, but there are several folks on this board who only discovered the problem later on. And many have had multiple repairs (some of which could certainly come after 4 yrs). The only bright spot is that RC recently mentioned that Porsche may revisit their policy on the RMS and begin to cover them outside of warranty...

    Re: Is 993 better LT value than K-Man?

    The last edition of Flat 6 (French Porsche magazine) features a 996 3.4L with approx 160k miles and no engine problem, and they cover also the topic of durability/"serviceability" between different Porsche generations.
    Even if you have to change one of these water cooled engines, it still comes cheaper than to fix 964/993 issues.
    It's a different car generation. 996/997/986/987 engines are not opened&fixed, they are changed, because it is cheaper...but that does not make them less 'serviceable'. I personnally don't care whether a mechanic fixes the engine or replaces it fully. Whatever is cheaper matters.
    Also, if I was looking at Cayman S vs 'an older 911', I would be looking at late 996 and even the first base 997, but that's just me :-)

    Re: Is 993 better LT value than K-Man?

    I guess the only downside of having an engine that can't be fixed is that its new serial number will indicate that it isn't the original engine when it's time to sell. But maybe this will be so common that it won't negatively impact resale so badly...

    I agree that if a 996 motor need MAJOR work (something that would require a 993 to be totally rebuilt) that it might be cheaper. But, if it only needs something relatively minor (like RMS or valve job) fixed, then you still need to buy a new motor which would cost more than fixing something minor on a 993...

    Re: Is 993 better LT value than K-Man?

    The magazine is stating that it is cheaper to replace a 996 engine than to redo the sealing of a 964 block.

    Re: Is 993 better LT value than K-Man?

    Quote:
    Jeannot said:
    The magazine is stating that it is cheaper to replace a 996 engine than to redo the sealing of a 964 block.


    Is by re-sealing, you mean replacing the RMS in a 964 block, this is not true. That job would cost around $1,000 for a 993. A new engine for a 996 including labor to remove and reinstall would be around $10k, I think...

    Re: Is 993 better LT value than K-Man?

    well, that was a quote from a specialized porsche mechanic...I trust they know what they talk about. I can scan the article if you want.

    Re: Is 993 better LT value than K-Man?

    Quote:
    Grant said:
    Quote:
    Jeannot said:
    The magazine is stating that it is cheaper to replace a 996 engine than to redo the sealing of a 964 block.


    Is by re-sealing, you mean replacing the RMS in a 964 block, this is not true. That job would cost around $1,000 for a 993. A new engine for a 996 including labor to remove and reinstall would be around $10k, I think...


    I wonder if by "re-sealing a 964" the mechanic is thinking about the "head/cylinder leak" that occured on some early 964's?? Though even that repair is probably $6-7K.

    Re: Is 993 better LT value than K-Man?

    Quote:
    964C2 said:
    Quote:
    Grant said:
    Quote:
    Jeannot said:
    The magazine is stating that it is cheaper to replace a 996 engine than to redo the sealing of a 964 block.


    Is by re-sealing, you mean replacing the RMS in a 964 block, this is not true. That job would cost around $1,000 for a 993. A new engine for a 996 including labor to remove and reinstall would be around $10k, I think...


    I wonder if by "re-sealing a 964" the mechanic is thinking about the "head/cylinder leak" that occured on some early 964's?? Though even that repair is probably $6-7K.


    And not necessary on late 964's and all 993's...

     
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