996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

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Old Oct 13, 2008 | 08:05 AM
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It is really disappointing see our cars selling this cheap. I knew it wasn’t going to be an investment when I was buying it, but really didn’t see this kind of a depreciation coming! Eventhough not very many of these were shipped to the States yet still depreciating like crazy. Look at this one!

http://cgi.ebay.com/ebaymotors/ws/eB...OTORS:1123#img
 
Old Oct 13, 2008 | 08:26 AM
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Originally Posted by 996TTSCAB
It is really disappointing see our cars selling this cheap. I knew it wasn’t going to be an investment when I was buying it, but really didn’t see this kind of a depreciation coming! Eventhough not very many of these were shipped to the States yet still depreciating like crazy. Look at this one!

http://cgi.ebay.com/ebaymotors/ws/eB...OTORS:1123#img
Just be happy that you didn't put your money in AIG or WaMu stead. If you really like the car, who cares about the current value. I paid good money for mine (before the drop) plus mods, and don't expect a penny back because I'm not thinking about sellin her.
 
Old Oct 13, 2008 | 08:40 AM
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What really bugs me about the current value of the 996TT is that it makes it possible for nearly anyone to own. When I was a kid I could only dream of having enough money to actually buy a Turbo Porsche someday. It was an exclusive vehicle and was out of reach for 99% of the population. Even the standard 911's were revered as something super special.

At the current going rate, a Porsche is anyone's car. That takes away from the specialness and appreciation of ownership that used to be part of the experience.
 
Old Oct 13, 2008 | 09:14 AM
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that is a steal...
 
Old Oct 13, 2008 | 09:19 AM
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yeah it may be easyer to more people to own ... but lets see when they get the first service bill lol or something goes wrong. lol

i agree with my996.
 
Old Oct 13, 2008 | 10:11 AM
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Boo Hoo..... Your average 996tt can be purchased by a kid coming out of college. Old men crying about how normal hard working people could afford this ??exclusive?? sports car. Depreciation happens... and when you couple that with a bad economy where people are shedding their toys (ie, porsches, etc) to a population that doesn't think it's the best time to be buying them. Prices go down and steals are being made.
 
Old Oct 13, 2008 | 10:18 AM
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Originally Posted by Bodybag
What really bugs me about the current value of the 996TT is that it makes it possible for nearly anyone to own. When I was a kid I could only dream of having enough money to actually buy a Turbo Porsche someday. It was an exclusive vehicle and was out of reach for 99% of the population. Even the standard 911's were revered as something super special.

At the current going rate, a Porsche is anyone's car. That takes away from the specialness and appreciation of ownership that used to be part of the experience.
I disagree. A small percentage of the real world population can actually afford a 65k car...especially as pleasure car. It's still very exclusive even with the depreciation.

Also the one listed is a high milage automatic.
 
Old Oct 13, 2008 | 11:01 AM
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It's a coupe, an automatic and has very high miles. All factors that lower the price. Combine it with an end of season and a tough economy and the price is not so out of range. I personally have a problem buying a car with that many miles on it.
 
Old Oct 13, 2008 | 11:16 AM
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The color combo is also questionable.
 
Old Oct 13, 2008 | 11:22 AM
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...and the auction is over, not one bid and only 1100 or so viewers...I guess even the "steal" of a price doesn't bring in the buyers...
 
Old Oct 13, 2008 | 12:02 PM
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everything now adays is cheap from what it was once worth.
 
Old Oct 13, 2008 | 12:24 PM
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From what I have seen automotive values have recently gone down a bit.
 
Old Oct 13, 2008 | 01:11 PM
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Originally Posted by Bodybag
What really bugs me about the current value of the 996TT is that it makes it possible for nearly anyone to own. When I was a kid I could only dream of having enough money to actually buy a Turbo Porsche someday. It was an exclusive vehicle and was out of reach for 99% of the population. Even the standard 911's were revered as something super special.

At the current going rate, a Porsche is anyone's car. That takes away from the specialness and appreciation of ownership that used to be part of the experience.
Then of course, you could take the "glass half full" view. The more folks that have them, the more they mod them and the cheaper the mods become and we all benefit.
There's always a light at the end of the tunnel. If it's stationary go for it. If it's gaining on you, haul ***.
 
Old Oct 13, 2008 | 01:39 PM
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I'm seeing alot of 2005 Turbos on eBay without the S badge and without the PCCB's. I thought all 05's were S models?
 
Old Oct 13, 2008 | 01:41 PM
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auto with brown inter. .... why own it? good deal is only good if you really want it...
 


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