997 turbo resale values as good as 993 turbo?
#20
let me know when tailights and center locking hubs add to your resale
Its pretty obvious, if you are a porsche guy and you are a knowledgeable buyer then you'll go used until Porsche addresses our concerns about the new motor and its tested for many years on the track.
If you are the "typical" magazine buyer, then you'll buy your new Turbo, drive it 1200 miles over 18 months, dump it for a major loss and drive off in a new 2013 at sticker.
Its pretty obvious, if you are a porsche guy and you are a knowledgeable buyer then you'll go used until Porsche addresses our concerns about the new motor and its tested for many years on the track.
If you are the "typical" magazine buyer, then you'll buy your new Turbo, drive it 1200 miles over 18 months, dump it for a major loss and drive off in a new 2013 at sticker.
#23
Accurate production numbers......
993TT: 1,800
996TT: 8,000
The 997TT is ALREADY depreciating at a FASTER clip than the 996TT, because of the production numbers, sluggish economy, and increased competition in the same $ category.
I'm like you guys that the '09 is the last true TT by an independent Porsche, but the values will be diluted by the increased hp, slightly better looks, and PDK. Most buyers won't care about the engine change. And the GT3 grabs some of the attention as well, that the 993TT didn't have to contend with.
So the net-net is no, there won't be a premium for the '07-'09
Want an investment Porsche? Grab a 1994 3.6 964T, less than 400 production.
993TT: 1,800
996TT: 8,000
The 997TT is ALREADY depreciating at a FASTER clip than the 996TT, because of the production numbers, sluggish economy, and increased competition in the same $ category.
I'm like you guys that the '09 is the last true TT by an independent Porsche, but the values will be diluted by the increased hp, slightly better looks, and PDK. Most buyers won't care about the engine change. And the GT3 grabs some of the attention as well, that the 993TT didn't have to contend with.
So the net-net is no, there won't be a premium for the '07-'09
Want an investment Porsche? Grab a 1994 3.6 964T, less than 400 production.
993tt 5978 cars
996tt 22,062 cars
997tt (.1+.2) 14,298 cars
[source: The Porsche 911 Book isdn:978-3-8327-9703-4]
So a 993 is going to be rare compared to 996 & 997's
#24
Fact: a 1996 993 TT with 35,000 km on it, sold last month for just under C$200k (Vancouver Canada).
Priced out as stock (odometer adjusted) my 2007 997TT, that I bought ~5 years ago, is priced wholesale at 4k under what they are selling at retail now. Personally, I'm flat on the car (other than the goodies I have added to it).
This is based on vAuto (Canadian) national pricing tools (I'm in the auto industry).
*Caveat, the Canadian dollar has taken a hit recently (primarily driven by commodities), so this has attributed to the rising prices of imports.
I do however think it's certainly probable that 997tt's and 997 GT3's (obviously GT2's) have everything that is required in a car that will appreciate over time. How can one argue with the GT1 heritage? They're making their way into pop culture now too, the attention they are getting from podcasts - eg. Joe Rogan (Magnus Walker and Sharkwerks were on there recently touting older and 997 Pcars), as an example.
996's - are showing every sign they have bottomed out, so theres a good probability that now is the best time to pick one up if you're thinking about it. I believe they have all the hallmarks of what happened to the 964 back in the day.
Priced out as stock (odometer adjusted) my 2007 997TT, that I bought ~5 years ago, is priced wholesale at 4k under what they are selling at retail now. Personally, I'm flat on the car (other than the goodies I have added to it).
This is based on vAuto (Canadian) national pricing tools (I'm in the auto industry).
*Caveat, the Canadian dollar has taken a hit recently (primarily driven by commodities), so this has attributed to the rising prices of imports.
I do however think it's certainly probable that 997tt's and 997 GT3's (obviously GT2's) have everything that is required in a car that will appreciate over time. How can one argue with the GT1 heritage? They're making their way into pop culture now too, the attention they are getting from podcasts - eg. Joe Rogan (Magnus Walker and Sharkwerks were on there recently touting older and 997 Pcars), as an example.
996's - are showing every sign they have bottomed out, so theres a good probability that now is the best time to pick one up if you're thinking about it. I believe they have all the hallmarks of what happened to the 964 back in the day.
#25
997/1 Turbo
15.626 Coupé - 6.099 Cabrio
997/2 Turbo
3.301 Coupé - 1.752 Cabrio
997 turbo S
3095 coupe - 2055 Cabrio
Source :
http://www.motorbuch-versand.de/prod...1_Porsche.html
About the author:
Marc Bongers is a German Porsche historian who spent many years employed by Porsche in the factory archive at Zuffenhausen. The book has been compiled with Porsche’s blessing.
#26
Total worldwide production (manual, tiptronic - PDK) :
997/1 Turbo
15.626 Coupé - 6.099 Cabrio
997/2 Turbo
3.301 Coupé - 1.752 Cabrio
997 turbo S
3095 coupe - 2055 Cabrio
Source :
http://www.motorbuch-versand.de/prod...1_Porsche.html
About the author:
Marc Bongers is a German Porsche historian who spent many years employed by Porsche in the factory archive at Zuffenhausen. The book has been compiled with Porsche’s blessing.
997/1 Turbo
15.626 Coupé - 6.099 Cabrio
997/2 Turbo
3.301 Coupé - 1.752 Cabrio
997 turbo S
3095 coupe - 2055 Cabrio
Source :
http://www.motorbuch-versand.de/prod...1_Porsche.html
About the author:
Marc Bongers is a German Porsche historian who spent many years employed by Porsche in the factory archive at Zuffenhausen. The book has been compiled with Porsche’s blessing.
I think a manual mezger turbo coupe is the best "investment". Most cars I see for sale are convertibles and all are autos...
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