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

Is it possible that Turbo prices have hit bottom?

Thread Tools
 
Rate Thread
 
Old Mar 18, 2009 | 07:16 PM
  #1  
muker's Avatar
Thread Starter
|
Registered User
Joined: Oct 2007
Posts: 394
From: Piedmont, CA
Rep Power: 37
muker is a jewel in the roughmuker is a jewel in the roughmuker is a jewel in the roughmuker is a jewel in the rough
Is it possible that Turbo prices have hit bottom?

see article below from today's USA today...not that buying a Turbo is a sign of prudence....

By Chris Woodyard, USA TODAY
Used car salesmen are becoming the kings of the lot as demand for such vehicles is starting to rise.
While new car sales continue to fall, many dealers are finding buyers are willing to spring for a good used car instead.
The volume of used cars sold through dealers rose 3.1% in February compared with last year, the first year-over-year increase in 12 months, reports CNW Marketing Research. By contrast, new car sales slid 41.4% in February from a year ago.
Wholesale used car prices have risen steadily since October, including a 1.1% rise in February compared with January, says Tom Kontos, chief economist for Adesa Analytical Services, though they remain lower than in February 2008.
"People are trying to be a bit more responsible in their major purchases," Kontos says, making used cars more attractive. It's "another sign of prudence."
 
Old Mar 18, 2009 | 08:26 PM
  #2  
rbb1991's Avatar
Registered User
Joined: Feb 2009
Posts: 123
From: Little Rock, AR
Rep Power: 22
rbb1991 is infamous around these parts
I'm wondering the same thing. I believe if we are close to the bottom, we'll get a good deal. If not, one should just have to find ways to enjoy the car more.
 
Old Mar 18, 2009 | 09:58 PM
  #3  
SAVED4IT's Avatar
Registered User
Joined: Mar 2009
Posts: 95
From: Los Angeles
Rep Power: 21
SAVED4IT is infamous around these parts
No. They will go lower as all the new-rich debt-laden home-pwned option-armed ***** lose their houses over the next 3 years and have to sell their toys.
 
Old Mar 19, 2009 | 09:44 AM
  #4  
IPGJames's Avatar
Registered User
Joined: Aug 2007
Posts: 153
From: Orlando, FL
Rep Power: 36
IPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud ofIPGJames has much to be proud of
Originally Posted by SAVED4IT
No. They will go lower as all the new-rich debt-laden home-pwned option-armed ***** lose their houses over the next 3 years and have to sell their toys.
i concur
 
Old Mar 19, 2009 | 09:55 AM
  #5  
ShokWaveRider's Avatar
Registered User
Joined: Mar 2009
Posts: 548
From: St. Augustine, Florida
Rep Power: 45
ShokWaveRider is a name known to allShokWaveRider is a name known to allShokWaveRider is a name known to allShokWaveRider is a name known to allShokWaveRider is a name known to allShokWaveRider is a name known to all
Depends on the car. The collectables I believe, will hold their value or at least depreciate less, they are not making them any more. Especially the good low mileage ones. I think I got a good deal on my "S".

SWR
 
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
BlackMarketRacing
996 Turbo / GT2
37
Dec 8, 2015 01:49 PM
AJUSA.com
997 Vendor Classifieds
4
Oct 8, 2015 05:50 PM
MurderedTurbo
Automobiles For Sale
12
Aug 28, 2015 09:06 AM
Yotam Refael
Cayenne
0
Aug 18, 2015 03:03 PM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 10:31 PM.