Any conjectures on what 2010 997.2TT (HP increase, pdk etc) will do to the market for 997TT? When could we start seeing the effect on pricing?

Thanks

 

i'll take a shot at answering your question, but it is obviously just an educated guess. my impression is that it won't help the resell price of 07-09's at all. first of all, the tip owners will take the biggest hit, as there would be no reason to have a tip when you could have a pdk. the people with 07 tips won't do that bad, as their cars will be available for lower prices, so the price discrepency between the 07 and the new and lightly used 10 cars will be large. i think the only unknown issue is that the new engine will be, according to some reports, less hearty than the 07-09 engines. it will have more power, but will be less expensive for porsche to make, and apparently, much more difficult to mod. some people are buying 09s so that they get the gt1 engine, and not the upcoming engine. in my opinion, porsche has not been in the habbit of making bad engines, and i would imagine that the new engine will be just fine. to the people who want to mod their engines, then they will need to get an 07-09 car. but to the 90% or so who don't care about mod-ing their car, then the 10 will be fine. so my bet is that the 07-09 cars will depreciate a little quicker after the 10 cars come out, kind of similar to what happened when the 997.2 cars came out for the non-turbos.

 

Why can't a turbo be driven in the snow? They do it all the time in Germany.
Mine has 30k including track/DD/and snow. In fact, with proper tires it's excellent in the worst snow on LI. That's a myth that you can't drive a turbo in the snow.
Agree with Eric, once the pdk is out, the tip cars will be the 800# gorrilla at the dealer. The 07-09 tips are gonna take a bath.
Still don't understand why you would take the time to order a TT, I assume put down a deposit, then walk. I odered mine in 23Aug06 to my exact specifications, couldn't wait to pick it up, did so on 25May07 at 2500 off MSRP. A personally fullfilling day for me, as I always wanted a turbo of my own after seeing George Brett's 930 slant nose back in the day in the late 70s-early'80s. I just couldn't get excited about an audi, no offense (one of my best friends just got an R8 and loves it). Porsche there is no substitute!
I don't plan on selling this car for a very long time, it's a keeper, esp with the new engine coming out.
c

 

actually chris, you bring up the best and most important point that anyone has and can make-if you want to save money on your turbo, in any economic situation, just drive your car and put miles on it-drive it every day and in all weather-the more miles that you put on your car, the cheaper it will cost you, as your cost per mile will be lower. if you drive it 1700 miles per year, the car will cost you 5 times more than if you drive it 8500 mile per year, or ten times more than if you drive it 17000 miles a year. buy it, drive it-forget about it's resale. if you like it, get it and use it. the people who do that are the true smart people. i am not critisizing those who use it as a weekend only car-if you like doing that, and you want to pay for that, more power to you, but the best way to save money on the car is to drive it-period.

 

The 09 is Basalt and the interior has full yellow stiching, they have the car on ebay.

 

wow, things are a bit testy these days when it comes to talking about pricing..i guess that's a symptom of conditions these days...i sort of see both sides of the coin here the way it was described, and to some degree it depends on your point of view regarding money...some will value the latest updates and be willing to take the depreciation hit on getting a new one, but others such as myself generally favor buying mint used cars whose price already reflects the hit. right now it looks like the difference between a new 09 and a mint 07 is probably about 35k, assuming 130k for the new one and 95k for the used one...is that worthwhile--it all depends.

 

cohen-i agree with your reasoning. when i started to look a couple of months ago, i looked at low mileage 07s-i was seeing nice cars with 3-5 thousand miles for about 105-109k. i am sure with the economy tanking, the price of these cars has come down some-these cars were all at dealers, i was not looking at privately sold cars, as in my judgement, it is safer to buy a $100,000 car from a porsche dealer. eventually, since i could get an 09 for 20-25 thousand more, i decided to get an 09. i certainly can see both sides of the coin, and i understand why people would buy used vs new. i am not argueing that. what i am saying is wrong is the few posters that capriciously claim that a new 09 has depreciated $40,000-that is just wrong. i am not trying to defend my decision to buy the new turbo, i am just saying that the people who claim that the 09 has depreciated 40k are just factually incorrect. the 07 that you would look at has depreciated close to 40k-if that is so, and it is, logically the 09 is worth significantly more-that is my only argument.

 

and i basically agree with your assessment and wasn't trying to say either decision (new or used) is 'right'...just different. actually when i think about it, if a new one that stickers around $140k is buyable for about $130k, a mint used 07 for $95k isn't really all that much of a deal...you have 2 more years of factory warranty, two model years of better resale value, and whatever little doo-dads porsche puts on the 09...it seems fairly priced.

 

New cars depreciate day one 15%. Porsches have a 13% mark up and until 4 weeks ago were selling at sticker or higher. Today 7% off sticker is the norm.
Add another 10% to your day one depreciation in this market. 25% of a 150K car is 37.5k!!!
If you really think this is not reality, then pop on over to any auction site (get a friend to provide you the sales numbers if you aren't a dealer) and you'll see just how bad it really is. My opinion is this market will not improve and in fact it will be the last to recover. These cars will just continue to slide because there are no buyers. Its funny, 4 months ago all dealers said 09 Turbos were sold out. I have found 15 cars in 3 days. All of them are going for way below sticker. Those same dealers will order a March 09 car and eat 7K without negotiation. The 13% mark up will go to the consumer!

Those of you buying 09's better get a discount or be very, very, very happy with your car. If money means nothing to you and you don't value the dollar then don't even bother posting in this thread. Some of us didn't inherit our cash

 

i'm pretty new here but the impression i get is that the vast majority of guys and gals trolling around on this site got to the point where they can consider cars like the tt by being pretty tough nosed about money generally...in this case i just think it's a personal choice based on the relative utility of new vs used, and that the market seems pretty efficiently priced right now. the used cars that seem like a bargain really aren't...

 

makes no sense at all!
poor people don't buy things, much less 150K cars!
I have yet to meet a wealthy man who makes poor decisions with his money unless he didn't earn it. Youth tends to allow you to make poorer decisions in life, you live and learn. If you live for a car, then its your choice! At the end of the day you aren't impressing anyone! This is the major problem with America in general, the housing market and California. People spend to keep up with the neighbor regardless of the financial suicide. Don't buy more car then you can afford and don't try to justify your dumb decisions. This is a time where cash is king and keeping your powder dry will do you good.
Disposable consumer goods like 3rd cars, boats, etc will be the last part of the economy to recover. Your baby boomer generation has lost just about every penny they had for retirement. Will they ever make the cash back in their lifetime?

 

what did i do?

i'm acting pretty much the way you are suggesting...resisting the urge to replace my 8 yr old m5 for the moment and enjoying the car for what it is...still a great piece of engineering...while i pay my three tuition bills for the kids and replenish assets over the next couple of years...

don't worry, be....

 

i agree with a good deal of what you are saying-the only thing that you are missing is that people who work hard and make good money don't always make sensible purchases. if we were all smart, we would be driving a $15,000 new car to work. buying any porsche is not a practical or financialy smart purchase, but if you enjoy owning it, and you can afford it, then people buy them. buying an 07 for 95-100 grand makes no more financial sense than buying an 08 or 09-they will all depreciate-what makes sense is taking that money and buying a piece of well priced real estate and renting it out. but we have more fun owning a car, so we buy the car. the moral of the story is don't think that you are alot smarter by purchasing a $100,000 2 year old car than someone who pays $130,000 for a new one-we are both a bit stupid-but we are both enjoying our cars.

 

Even in this market you'll be hard pressed to find a piece of real estate that you can purchase and rent out with positive cash flow.
Want to make money? leave it in the market with a diversified portfolio!
I'll take my 6% a year tax free!
I know many millionaires that drive 30k cars, 15k is a stretch
I think if you go back you'll see that I am saying not to pay sticker for that new Pcar. Anything you can do to limit your downside is to your advantage.
There are used cars out there that will be flat for depreciation over the next 2-3 years.

 

if you have all your money in 6% tax free, you have done well, and invested wisely. for many reasons (real estate prices going down, people not qualifying for mortgages and having to rent, tax write offs, appreciation in the future in hot areas (not florida, vegas, phoenix, socal) you can do quite well with real estate.