some great info on this thread.. thanks for the input so far.

I guess time will tell what happens... for those of you selling your 997.1 or .2 's KEEP THE PRICES HIGHER LOL!!!!!!!!!!!!!!!!!!!!!!!

We can move the market ourselves LMAO!

and darn it people, put some miles on your cars, they were made to be driven!

 

People are afraid of high mileage cars. And by high, I mean anything over 50K miles, which for a 07 or 08 is actually not high mileage at all. That said, it is the way of the Porsche world (and much, much worse when you go even more exotic like Ferrari or Lamborghini). I say use this to your advantage! I did!

The local Porsche indy shop owner and former Porsche race car driver friend of mine says it best... these cars simply do better when they are driven. They are cars, not jewelry. I picked up my 2008 997.1TT with 68K miles on it for $10K less than a similar car with 40K miles on it was going for, and almost $20K less than the asking price (not sale price mind you) on a similar car with less than 25K miles. My car had the 60K mile maintenance done and a well-documented history of maintenance at a Porsche dealership. The mileage forced the lower price, and I feel as if I got a good deal. I'm not at all convinced that a non-driven 2008 with 25K miles is $20K more car than I got, when both had $135K MSRPs back when they were new. Others disagree of course, which is why the market is what it is, but I'm happy with my decision. Last I checked, these cars don't have an expiration date. A well-maintained car is a well-maintained car, and I certainly plan on keeping that up.

So let the low mileage cars scare people away and keep the prices down. More deals for me.

 

I couldn't agree more Enjoy your car!

 

I hear the antitrust lawyers chomping at the bit

count me in !!!!

 

for a toyota corolla. Thats high mileage for a 911 turbo.

 

wow, and glad you know everything about owners, sorry to "break it to you"

 

+1

djcooper@rennkit.com

 

As per where?

Are you citing any statistics/empirical data to support that?

My guess is the avg Corolla mileage is about 12k per year

 

I think he was be sarcastic..

 

After reading all the posts, I felt like i needed to reply. I'm a 40+ year PCA member and have had 25+ Porsches over the years from 356 Speedsters to my current 2007 997 Turbo. These include 1976, 1977, 1979, 1986, 1989, 1991, and 2001 996 Turbos. Yeah - I should have kept some of the older 930s! Every one of these cars was a 4 speed (356s & 930s), 5 speed (911s & 89 and 91 turbos), and 6 speed (2001 Turbo). I sold my Seal Grey 6,900 mile 996 Turbo (6MT) in November, 2015 for $55,000 and several months later bought my 2007 Meteor Gray Metallic 997 Turbo with 6,100 miles for $70,000. It is a highly optioned car with Tiptronic. I have thoroughly enjoyed driving all the MT cars over the years but I get no less enjoyment driving the 997 with Tip. I know it is LESS involving than a 6 speed, but for me it is still a blast to drive. I'm sure that based on what I read on the Forums the Tiptronic cars aren't as desirable for a lot of folks but it works for me and i haven't looked back. I have always enjoyed reading the Forum. Drive and enjoy your Porsche!

 

I couldn't agree with you more. I've always admired 911's ever since my friends older brother took me for a spin in his then new 964. When the 991's first came out, that was the point i could easily afford a 911. I was very close to getting a new 991 with the lease special they offered upon release. I felt they were an incredible design. But the more i looked at the 991, i felt something about it's design language didn't sit well with me. On top the high design standard the 997 had initially set, I felt the more i looked at the 997, i loved it even more. I eventually decided to get a 997 Turbo because i felt it and the GT3 variants were at the pinnacle of Porsche 911 design.

 

I also love the PDK and Tiptronics! I broke my neck a few years back and suffered nerve damage! I ride the clutch bad in manuals now and was sick to my stomach thinking I was not going to be able to have a proper 911 ever again! The GT-3's and Turbo's with auto shifting are a godsend for me! Glad they are a bargain compared to the manuals! Saves me some money!

 

For color, I bought mine ('08 6spd TT coupe) for $55k with 64k miles two years ago (single owner car). Currently at 78k miles and climbing....plus I love my daily commute. I purposely bought high mileage so that I could not have any feelings about putting some more on.

 

I like how you roll

 

Something that I think is being left out of this debate is that most buyers at this level are likely financing their cars. (I did some years ago.) We are Americans and we like to live a little bit outside of our means sometimes. If you are in the market for a Turbo and you have to borrow to do it I believe that many would go for the 996 at 40 to 50 over a 997 at 55 to 65 because they simply are only able to borrow a limited amount which may put the 997 out of reach. This would have the effect of raising 996 demand and thus values, and limiting 997 demand a bit. While the 996 is a great car, almost everyone likes the 997 better. Prices may not necessarily reflect desirability as much as they reflect access to financing.