Friday, February 26, 2016

2001 Porsche 911 Cabriolet

The 996 generation Porsche 911 was introduced for the 1998 model year (although technically a few were designated 1997) with a new water-cooled flat-6 and streamlined aerodynamic styling shared with the Porsche Boxster.  The new styling wouldn't have been a problem if it wasn't for the fact that your new $90k 911 Cabriolet could be easily confused with some plebeian $40k Boxster, and today the early fried egg 911s (1998-2001) are a bargain.  Find this 2001 Porsche 911 Cabriolet offered for $11,000 in San Pedro, CA via craigslist.  Tip from Rod S.

Used 996 prices are in the gutter not just because of fried egg headlights, but because the water-cooled 996 engines were such a departure from previous generation that they had all sorts of teething problems that ended in factory replaced engines.  If the aforementioned problems happen to a 2nd owner or 1 mile past warranty, the owner finds himself staring at an $18k engine rebuild.  If you are willing to take the risk, the driving experience is quite exhilarating and everyone else will think you've made it....well, not everybody, but some people.  

Powering the 996 is a 3.2 liter flat-6 good for 296 horsepower mounted out back that is attached to a 6 speed manual transaxle.  The new 911 was faster and more fuel efficient than its predecessor, but many people complained that it wasn't 911y enough for them...perhaps Porsche could have added a "snap oversteer into a ditch" button on the dash.

See another watercooled Porsche for cheap?


  1. Sure looks like a lot of fun for $10k

  2. And $5,000 less than the Le' Motorized Garden Shed.

  3. I am trying to talk myself out of getting a 996, and losing the battle...

  4. I have never understood why people buy black with black inside convertibles? Just watch the reaction you get from a woman passnger sitting in it after you parked the car in the sun with top down. That engine was a big mistake for Porsche the brand and many of its loyal customers. Everyone makes mistakes but a brand like Porsche has to own up and fix these engines warranty or not. I would not want to drive a $ 10K car where I have to leave $20K sitting in the bank for the day the engine explodes.

    1. So many cars, so little timeFebruary 27, 2016 at 3:25 PM

      "Exploding" engines is a concern, but happens in a small minority of the cars (<10%). Main culprit, the intermediate shaft bearing, can be replaced with an aftermarket upgrade for around $2,000. So a $10,000 car becomes a $12,000 car, still a performance bargain.

    2. Yes, but can it safely store your lawn equipment?


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