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

996tt Values

Old Jul 8, 2005 | 03:49 AM
  #16  
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Originally posted by Ryan in SD
Anyone heard of Pierre and what he has done to his 996Turbo? The car is awesome and isnt weak in anyway that Im aware of ...I bet you that the car can drive across the world and have all 420 horses rearing up at the end in strength.
Heard of that, yep!
My car now has over 213'000 km. Yep, that's over 132'000 miles. It just got new H&R dampers. After 3 years of hard use, the old ones were more than cooked. And top-speed still is 319km/h indicated.

Looking forward to the next trip to the Nürburgring mid-August!

Greetings,
--Pierre
 
Old Jul 8, 2005 | 07:03 AM
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Originally posted by pierre
...<snip>... And top-speed still is 319km/h indicated. ...<snip>...--Pierre
 
Old Jul 9, 2005 | 04:17 PM
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the 997TT will be a whole different story....porsche has gone back to the 993 tradition... Someone finally woke up in stuttgart...lets just wait and see....
 
Old Jul 9, 2005 | 04:37 PM
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I am still trying to figure out what is wrong with the 996.
 
Old Jul 9, 2005 | 05:30 PM
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Originally posted by BD 997
the 997TT will be a whole different story....porsche has gone back to the 993 tradition... Someone finally woke up in stuttgart...lets just wait and see....
well at least your not biased in any way
 
Old Jul 9, 2005 | 05:49 PM
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What you mean to say is that Porsche went back to the Pontiac Grand Am tradition...

The 997 interior is straight out of a Pontiac (well... except for that clock/timer/fugly thing on the dash... it came from an infiniti).

JW

Originally posted by BD 997
the 997TT will be a whole different story....porsche has gone back to the 993 tradition... Someone finally woke up in stuttgart...lets just wait and see....
 
Old Jul 10, 2005 | 05:32 PM
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I am planning to purchase an 03 turbo or a used GT3. I still have not come to a conclusion on which one is right for me.

With that said, do you feel the 996 turbo depreciation will slow down? When is the 997 turbo expected to be released? Will it's intro lower the 996 turbo even further or has this already been built in? I plan to make my purchase this fall/winter.

I am also waiting to pull the trigger after the C6 ZO6 is released. The ZO6 sounds pretty interesting considering its $70k price.

Thanks.

George
 
Old Jul 10, 2005 | 06:17 PM
  #23  
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Originally posted by GeorgeJ
I am planning to purchase an 03 turbo or a used GT3. I still have not come to a conclusion on which one is right for me.

With that said, do you feel the 996 turbo depreciation will slow down? When is the 997 turbo expected to be released? Will it's intro lower the 996 turbo even further or has this already been built in? I plan to make my purchase this fall/winter.

I am also waiting to pull the trigger after the C6 ZO6 is released. The ZO6 sounds pretty interesting considering its $70k price.

Thanks.

George
IMHO - the 997 TT release will ACCELERATE the 996 TT depreciation. I saw an '01 TT for $60K last week. It's a joke. The GT3 is going to hold its value better and be more of a drivers car. But NOTHING holds a candle to the power of a TT.

I think if I were buying American muscle, I'd hold off for the Shelby GT 500 - it's even cheaper than the Z06!
 
Old Jul 10, 2005 | 09:51 PM
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I really don't see the 997TT introduction will affect the value of the 996TT. The group that will get to buy the first group of 997TT will be in a totally different class in terms of price. The 997TT will be $120-$140k depending on options and where you buy from. The average 2002-2003 996TT are going to be $70-$90k. There's a $30-$70k difference. So the people who are not able to enjoy a new TT when they first came out can enjoy these used ones now. I think not only will value fall but instead stablize. But that's just how I feel.


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Old Jul 10, 2005 | 11:57 PM
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but have you considered that most of the people who will be buying these 997TTs will be trading in the 996tt that they already own, and increasing supply to an already flooded market? And that many of us whose cars are worth the $70-90k paid $120-160K when we bought them, so we are in the same market. That said...auction figures seem to indicate that the price is stabilizing anyhow.

-djw
 
Old Jul 11, 2005 | 04:53 AM
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Originally posted by gobie18
I really don't see the 997TT introduction will affect the value of the 996TT. The group that will get to buy the first group of 997TT will be in a totally different class in terms of price. The 997TT will be $120-$140k depending on options and where you buy from. The average 2002-2003 996TT are going to be $70-$90k. There's a $30-$70k difference. So the people who are not able to enjoy a new TT when they first came out can enjoy these used ones now. I think not only will value fall but instead stablize. But that's just how I feel.


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I'm actually deciding between a used 996TT and a 997TT as of right now. I actually don't see any point in paying an extra $50K just to get a car thats going to be slightly faster and a change in headlights. I'd rather pocket that money and spend it on other toys.
 
Old Jul 11, 2005 | 08:50 AM
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Get a Boxster or a GT3 if you want to retain value in a P-car - they have the lowest depreciation by far
 
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