how much will the TT's depreciate when the 997TT comes out?
TT's have really done well in terms of holding steady recently - since last November they've moved very little, likely because the Turbo S varietals are still in 996 model, so they are still the current version. When the 997TT comes out, what would happen to the 996TT prices? Big dive, small correction, steady? I don't even know when the 997TT is coming out, actually.
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The 996TT prices will soften.
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It depends on the new cars price.
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Depends on how good looking the new TTs will be. If Chris Bangle has a hand in designing them, your current car will probably skyrocket in value!
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I suspect the 997 Turbo will be a big step forward from the 996 Turbo, in lots of little ways, and I think we'll see a pretty decent drop in 996 Turbo values as a bunch of 996 Turbo owners trade to the new one.
If the 993 Turbo wasn't so fuggin' gorgeous, the same might have happened with the 993/996 turnover. |
My prediction is they will drop a bit but the major hit has already occurred. At the end of the day even a stock 2001 996 Turbo with no options is still one hell of a car. Don't forget that. The air cooled purists have managed to keep 993 Turbo prices up but i believe that will wane as time goes buy. You aren't going to see a full crossover where the 996's as a group become less expensive than the 993's, so maybe the 996 will be "held up" some by the 993's. The new 997's will probably start close to where the Turbo S left off so your going to be looking at around a 50% difference between some 996 and 997 models. We'll see.
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Originally posted by Red Devil My prediction is they will drop a bit but the major hit has already occurred. At the end of the day even a stock 2001 996 Turbo with no options is still one hell of a car. Don't forget that. The air cooled purists have managed to keep 993 Turbo prices up but i believe that will wane as time goes buy. You aren't going to see a full crossr where the 996's as a group become less expensive than the 993's, so maybe the 996 will be "held up" some by the 993's. The new 997's will probably start close to where the Turbo S left off so your going to be looking at around a 50% difference between some 996 and 997 models. We'll see. |
Dr. Bill, if it wasn't for your nice avatar, i'd see about getting you banned. Try not to bring Ferrari into every discussion, especially when it has nothing to do with anything, like this time. Just look at all the easy mods that are available that have created many incredible 996 Turbos. Maybe the 997 will be all that but I doubt it. I already dislike those big intakes in front of the rear quarter being shown if it makes it to production. Let me get this straight, take my car which is faster and looks better, trade or sell it, add about 60 grand and you'll give me a 997 Turbo sure to depreciate like crazy all over again. No thanks! You above all others with your antediluvian Ferrari should be appreciating the concept of the depreciation curve of vehicles. Trust me, the steepest part is past.
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I hope the steepest part has past.....
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Originally posted by DrJim You above all others with your antediluvian Ferrari |
Originally posted by PMac See guys, I'm not the only one who swallowed a dictionary for breakfast ;) PS- I can't find fuggin' in my version. Must not be the shazizzle version by master Snoop. I better drop it while it's hot! hilarious |
Originally posted by Red Devil I'll bet you $100 Dr. Bill thinks it has something to do with his Aunt! hilarious PS- I can't find fuggin' in my version. Must not be the shazizzle version by master Snoop. I better drop it while it's hot! hilarious Please stop, you trying to sound ghetto is just plain creepy. :) I'm stuck with my Turbo forever, selling it would make me sick not mention what it would cost to replace. I seem to be done with the sports car / modding thing, I enjoy driving my Porsche but have no intentions of purchasing another sports car and go through the modding again (unless I start making obscene amounts of money). |
Originally posted by Rave TT I'm stuck with my Turbo forever, selling it would make me sick not mention what it would cost to replace. I seem to be done with the sports car / modding thing, I enjoy driving my Porsche but have no intentions of purchasing another sports car and go through the modding again (unless I start making obscene amounts of money). |
Originally posted by DrJim Dr. Bill, if it wasn't for your nice avatar, i'd see about getting you banned. Try not to bring Ferrari into every discussion, especially when it has nothing to do with anything, like this time. Just look at all the easy mods that are available that have created many incredible 996 Turbos. Maybe the 997 will be all that but I doubt it. I already dislike those big intakes in front of the rear quarter being shown if it makes it to production. Let me get this straight, take my car which is faster and look better, trade or sell it, add about 60 grand and you'll give me a 997 Turbo sure to depreciate like crazy all over again. No thanks! You above all others with your antediluvian Ferrari should be appreciating the concept of the depreciation curve of vehicles. Trust me, the steepest part is past. |
I can't imagin TT's going much lower than the low $70's ... and we are already there. I just hope my GT2 can hold around $100k over the next 2-3 years.
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