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Agree with Josh, but have another point of view (archive)

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Posted by Dean on August 12, 2001 at 08:41:06:

In Reply to: My opinion ... posted by Josh S on August 12, 2001 at 00:48:21:

As an owner of a '00 M Coupe and '87 Carrerra (16k miles, garage queen), I agree that the Porsche is a less practical daily driver. The 964 Porsches, like the RS America, do have better A/C and heating than the earlier 911 models. Be sure you check out the RS very carefully. A/C was NOT standard equipment, and the sound insulation, radio, power steering, sunroof and rear seats were deleted.

If you're planning on keeping the miles low on the '94 RS America, the depreciation should be virtually nil over the next 5 years. Only 450 RS America's were imported to the US, and there's even a '93 RS America in the Porsche Market Letter selling for over $80k (with only 38 miles!). Many of the RS cars were modified for track use, and subsequently beaten and abused in a loving way. The low mileage, "survivor" RS Americas will always have voracious Porsche collectors searching for them. Treat the RS well, and you won't lose much $$$ at trade-in time.

The 2001 M Coupe is destined to become a classic, IMO. However, the depreciation hit in the first 2 years is going to be at least 15-20% given the track record for the 99-00 M coupe. If the M coupe is going to a daily driver (i.e. 8-12k miles/year), the resale value will plummet much faster.

Both the Porsche and the M coupe are fantastic cars. I would choose one depending on my needs. If you're looking for a warranty-protected, daily driver, go for the M coupe. If you're looking at a long term, low mileage garage queen, I'd pick the RS America.

Dean





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