The 911 (996) was a completely new development and the technological pioneer for the modern 911. Similar 996’s have shown a 5-year compound annual growth rate of 19.3%*.
Asset Details
This particular Porsche 911 (996.2) Carrera Coupé is a beautiful collectible with only 20,500km on the clock. The valuation of €52,000 was certified by an independent appraiser.
Past Growth
Over the past 5 years, the Porsche 911 (996.2) Carrera Coupé has shown an impressive compound annual growth rate of 19.3%. This is based on an average sales price in 2018 of €20,103, which is calculated from available data points from auctions, and the current sales price of €48,500.
The Porsche 996 replaced the 944 as the best-selling Porsche sports car of all time and in 1998, the 996 Carrera 2 won Evo magazine’s prestigious “Car of the Year” award.
Model History
In the mid-1990s Porsche was haemorrhaging money and the threat of a takeover was looming. In 1993 the designers Pinky Lai and Grant Larson working under the head of Style Porsche, Harm Lagaay were assigned the monstrous task of designing the 996-generation 911. The fate of the 911 was in their hands.
The 996 Carrera Coupe made its world debut at the 1997 Frankfurt Motor Show. Controversially, it bore more than a passing resemblance to the cheaper Boxster, which didn’t please many Porsche enthusiasts.
After 5 years of production, in 2002, the 996 was freshened up. The front end became more distinct from the Boxster via the adoption of the “eyes-wide-open” headlights as seen on the Turbo the previous year. Other changes for 2002 weren’t as obvious but still noteworthy as they improved overall handling and performance. Given all these upgrades, a Porsche 911 996 from 2002 through 2004 will likely be the sweet spot for most investors.
Asset Information
Maintenance description
This Porsche 996.2 Carrera is regularly maintained and stored in a secure location in Germany.
Initial Registration
November 2002
Condition description
This particular Porsche 911 (996.2) Carrera Coupé is in an unrestored, well-preserved condition with low mileage.
Restored
Grade 2+ condition
Exterior color
Porsche Arctic Silver Metallic
Cars produced
175,000 (6,249, 2002 Carrera Coupé)
Assembly
Germany: Stuttgart
Designer
Pinky Lai (1993–1994)Harm Lagaay
Motor
3.6-litre, 6-cylinder boxer engineM96/03
Performance
235 kW (320 hp) at 6,800 rpm
Transmission
5-speed-Tiptronic S