Merry Christmas everyone!

Based upon current depreciation would a manual C2 be around $40,000 in 2017?

I had a 993 that I sold to fund a house purchase. I'm going crazy not having a 911 so I decided I was going to buy a 996 C4S until I went to a recent cars and coffee. I met a guy that brought his beautiful 991 and he let me sit in it. I shouldn't have done that as now I'm obsessing over it and want it so bad.

My budget is $40,000 and they currently are still way to expensive for me, but I read that depreciation is about $800-$1,000 monthly (?).

I know a lot depends on mileage, condition, and options but are there opinions here that it could drop to that market value?

 

I would say late 2018...maybe early 2019. It all depends on condition and such.


dave

 

I sure hope not

 

Can you get a 997.2 for that now? I dot think you can get a 997.1 for that. So I doubt it.

 

997.2 are at least 45-50k now and it's been 6-7 years

 

I highly doubt it. Why don't you use the 40k as a down payment?

 

You can buy a 2005 moderate mileage base 997 for 40k. No way I see a base 991 at that price until the early to mid 2020s

 

I just traded in my 2012 991.1 base carrera manual last month and got 54k. It was a clean car with 26k miles. I think the dealer listed it for 61k. The car will def be close to 40k on a trade in by the end of 2017, especially if the 991.2 are any good.

 

I think that you have a chance by 2018, depending on how it is optioned. If its a base MT, no sport chrono, then there is a possibility.

 

sure glad mine was a lease!

 

If you actually look at the 911 market it's the late model PDK cars that you can get better deals on. The mt actually holds its value better.

 

I don't think 991 will be in the $40k by 2017, may be 997.2 will be in that price range though. I believe 991 C2 will be hitting the 40s in 2019

 

This is a strange thread and I think its a completely subjective question

An accountant will tell you that a $100K will depreciate to $40K in the first 5 years of its life or may be even less

An enthusiast often pays way more than market price to get the car of his dreams and often holds on to his cars forever ......until they are dead and then they "revive" it ....

Bottomline.....so you will have to really find a non-enthusiast accountant to buy a Porsche 991 (991s are mostly driven by enthusiasts) for $40K or less LOL

 

You have to realize most of the kind folks who are responding to this thread are current 991 owners with emotional and financial commitments to this car. And they obviously are going to be biased in their responses. And I am saying this with utmost respect and sincerity. My calculated and purely non emotional opinion is there is a strong possibility an early 991.1 C2 base with very few options will very likely hit the 40k mark by late 2017.


😉😉

 

It all depends on condition and such.