996 turbo values
There was a one page article in Sports Car Market" about the best porsche buy currently being the 996tt called "crowdsourcing our 911 turbo". I somewhat disagree that you can get a good 996tt for $ 30k as the article maintains and a gem for $40k, but It does state that the cars are at the bottom of the depreciation curve and prices for these cars are expected to rise in the future. The author ended up buying a 2001 blk/blk with 30k miles tip for $37k.
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Last edited by Ck986; Feb 23, 2015 at 11:38 PM.
There was a one page article in Sports Car Market" about the best porsche buy currently being the 996tt called "crowdsourcing our 911 turbo". I somewhat disagree that you can get a good 996tt for $ 30k as the article maintains and a gem for $40k, but It does state that the cars are at the bottom of the depreciation curve and prices for these cars are expected to rise in the future. The author ended up buying a 2001 blk/blk with 30k miles tip for $37k.
My brother recently purchase a polar silver 2003 996tt with 71,000 miles with a Tip for $31,000 out the door. I had my mechanic do a PPI for him and he had to replace the passenger side radiator and a bad $20 vacuum hose. Imo he got an amazing deal even tho its a tip its in great condition after those few items were repaired.
That does sound like a good deal, but I guess I'm thinking less miles, lightly worn interior, manual when I think of good condition and a gem is a like new car. (Very low miles) Btw posted the article.
Yes your not Daffy I'm serious. First of all the air cooled cars will eventually level off in price when the speculators and think I want one buyers leave the room. I see lower prices now for the na 993s with some of the lesser cars lingering on the market. You have dealers like Sloan with their one stop shopping and above average low mileage examples selling cars for high prices= but that is not the norm. The person said 50% value of a 993 and that is what the 996tt will easily bring in 5-10 years. I don't know how long you have been in the car game but this happens all the time hot then not. Wanted to add over the three years I have been on this board most have laughed when I said the 996tt will eventually be realized for the great car it is and prices will rise, especially for well kept low mileage examples. Now that a couple good sources are saying the same thing the tune has changed somewhat. The sad thing is just because the headlights were a little ahead of their time and the purist couldn't yet except water cooling the car suffered but that will just be foot note in the future. The hardest thing to take with most 996tt owners is their lack of faith in the very car they own.
Last edited by rmc1148; Feb 24, 2015 at 05:44 AM.
We are our own worst enemy. I observed this same pattern in the 930 world as well. Many owners were claiming excellent example 930s could be bought for cheap money and the people demanding the high prices were nuts. In fact these 'cheap' 930s were beat to hell frankencars with salvage titles or with stories best told late at night out of earshot from young children.
Eventually the market called the naysayers bluff and prices took off for the good examples. As I have said before ... the 996tt market is in the same pattern. Sit back and watch.
Meanwhile, I am going to drive mine like I stole it but take very good care of it and keep it stock.
Last edited by Shadetree996; Feb 24, 2015 at 09:21 AM.
It doesn't matter to me I bought mine because I love driving it! I spent $48K on it and I don't think it will rise enough to make me sell it or even think of it as an investment.
If the 993 prices keep going up I'm sure that there will be the spillover of the people that want a 993 but cant afford one and the 996 will be the next best option.
If the 993 prices keep going up I'm sure that there will be the spillover of the people that want a 993 but cant afford one and the 996 will be the next best option.
Few cars are an investment and I doubt the 996tt will ever be. When the prices get out of reach for the air cooled people will move on down the food chain. The 996tt is a very well designed car and has many things going for it, in some ways better then the air cooled cars. I could honestly care less about loosing or making money on my car and when I sell it only hope it goes to someone that will take care of it.
Down the food chain from a 993tt would be a 964tt and then maybe a 930, and if someone has close to enough to money for any of those and want more modern they would pick a 997tt before the 996tt.
I'm not being a pessimist but the fact is that out off the 911 models the 996 is the least desirable of all to porsche fanatics, even tho it will blow the doors off any air-cooled predecessor.
Me personally I'm happy that the car is still worth the same as when I bought it a couple years ago, but I already figured it was a used car so I'm not killing myself if it depreciates a bit so long as I can drive and enjoy it.
I'm not being a pessimist but the fact is that out off the 911 models the 996 is the least desirable of all to porsche fanatics, even tho it will blow the doors off any air-cooled predecessor.
Me personally I'm happy that the car is still worth the same as when I bought it a couple years ago, but I already figured it was a used car so I'm not killing myself if it depreciates a bit so long as I can drive and enjoy it.
Down the food chain from a 993tt would be a 964tt and then maybe a 930, and if someone has close to enough to money for any of those and want more modern they would pick a 997tt before the 996tt. I'm not being a pessimist but the fact is that out off the 911 models the 996 is the least desirable of all to porsche fanatics, even tho it will blow the doors off any air-cooled predecessor. Me personally I'm happy that the car is still worth the same as when I bought it a couple years ago, but I already figured it was a used car so I'm not killing myself if it depreciates a bit so long as I can drive and enjoy it.
Ok, I'm not downing the 996 and not calling it trash, I love the car and the looks performance etc., I'm just saying don't think its next in line to skyrocket like the air-cooled.
The food chain is how a person sees it and the 996tt is cheaper so its down the food chain in my opinion. There are three camps here, the people who have the 996tt but continuously say that the 997tt is better- the people that say they don't care and plan on driving it with no care of value and then people who really like the car and chose it even though they could afford something much more expensive. I'm in the last.
The food chain is how a person sees it and the 996tt is cheaper so its down the food chain in my opinion. There are three camps here, the people who have the 996tt but continuously say that the 997tt is better- the people that say they don't care and plan on driving it with no care of value and then people who really like the car and chose it even though they could afford something much more expensive. I'm in the last.




