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

Why are the 996 Turbo Ss holding value so well?

Old Apr 5, 2007 | 05:34 PM
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Why are the 996 Turbo Ss holding value so well?

I would have thought they would have dropped by now. Ive seen some in the 120ks.
 
Old Apr 5, 2007 | 05:45 PM
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I saw that as well. Weird.
 
Old Apr 5, 2007 | 06:06 PM
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Late model, exclusive (only 227 Coupes and 643 Cabs were sold in N/A).
 
Old Apr 5, 2007 | 06:08 PM
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I'd rather keep the money and buy a stage2 for my TT. Exclusivity comes with a high price.
 
Old Apr 5, 2007 | 06:17 PM
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yeah ditto!

Originally Posted by doccao
I'd rather keep the money and buy a stage2 for my TT. Exclusivity comes with a high price.
 
Old Apr 5, 2007 | 07:27 PM
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N/A guys should stop complaining about prices! :D

Stop complaining you guys! In N/A you don't know how good you have it! The rest of the world pays far more for all these cars than you guys (Especially those of us in RHD countries).

In Australia fro example, there are probably only about as many 996TTs PERIOD as the numbers you are quoting for the Turbo Ss! Ie only a few hundred were ever sold here over the 4 year run. Here we pay $150k-$200k (Australian dollars - currently AU$1 = US$0.80, so US$150k = US$120k) for "vanilla" 996TTs. They retailed here from AU$300k when new! Although to be fair at that time the Aussie $ was only worth around US 50-60c (it's funny how much exchange rates can change).

I think in the UK vanilla 996TTs are running from around the &40k- &60k (pound) mark as well, which is somewhere in between US and Aussie prices, probably due to more cars sold in the UK in the first place and lower local taxes?

Part of the reason for our higher prices are local taxes (10% import duty + 25% luxury car tax on top of the wholesale/landed price), but lower volume/exclusivity is also a significant part of the equation.

Cheers,

Beej
 
Old Apr 5, 2007 | 07:30 PM
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Originally Posted by Beej
Stop complaining you guys! In N/A you don't know how good you have it! The rest of the world pays far more for all these cars than you guys (Especially those of us in RHD countries).

In Australia fro example, there are probably only about as many 996TTs PERIOD as the numbers you are quoting for the Turbo Ss! Ie only a few hundred were ever sold here over the 4 year run. Here we pay $150k-$200k (Australian dollars - currently AU$1 = US$0.80, so US$150k = US$120k) for "vanilla" 996TTs. They retailed here from AU$300k when new! Although to be fair at that time the Aussie $ was only worth around US 50-60c (it's funny how much exchange rates can change).

I think in the UK vanilla 996TTs are running from around the &40k- &60k (pound) mark as well, which is somewhere in between US and Aussie prices, probably due to more cars sold in the UK in the first place and lower local taxes?

Part of the reason for our higher prices are local taxes (10% import duty + 25% luxury car tax on top of the wholesale/landed price), but lower volume/exclusivity is also a significant part of the equation.

Cheers,

Beej
I didn't read all of your post... but I will say that that even the GERMANS (whom as you know build the p-car) pay more for a 911-turbo than we americans do. For a german to afford a porsche is impressive considering they pay almost 40 to 55 % in taxes on their salary.
 
Old Apr 9, 2007 | 11:13 PM
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it's all about Supply and Demand...
 
Old Apr 9, 2007 | 11:26 PM
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turbo cabs and S's do seem to b holding their value well. those production #s explain it all. they only made like 2000 cabs total(S's and non S's) and even fewer coupes.
 
Old Apr 9, 2007 | 11:28 PM
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I think the nav, x50 and pccbs packaged all in one helps a lot too.
 
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