Will the .1 TT value raise up above .2 TT and TTS one day?
Will the .1 TT value raise up above .2 TT and TTS one day?
It was interesting when I decided to sell my .2 TTS and how I saw what appeared to be values very soft on such an amazing car in stock form. Having owned a 996TT that I modified and then a 2012 .2 TTS and then a 996GT3 and then into a 2011 .2 TTS I saw something happened I had never experienced.
After 2 years of owning my 996 GT3 and adding around 8k mostly track miles and some track goodies. When I went to sell the car it basically sold itself. All I did was mention in a post that I might be selling and listed my number and within hours the car was sold for considerably more than I paid for it! I figured it was a stroke of luck and I better close the deal bc the purchaser didn't know what he was doing.
Well maybe I didn't know what I was doing. Had I held the car another 2 years I would have sold it for $15k more! WOW!
Which brings me to my question. With all these PDK cars especially Turbo and Turbo S out there and what appears to be no option for a 6 speed. And with such a reliable and mod friendly GT1 motor, will the 997.1 turbo's end up being more expensive than the PDK turbo's.
I was told that since now the Carrera's are all TT that the NA 997.1 and .2 cars especially 6 speed cars will go up in value similar to the last of the air cooled P Cars. That is one reason I snatched up my 997 TT with only 36k miles and some mods. To finish paying off my .2 TTS was going to be around 42k. For less than half of that plus my equity I bought my 997 TT.
I figured the value will hold or maybe go up and one day if I want I can sell the 997 TT and buy a 11,12 or 13 .2 TTS and have change in my pocket.
Anyone else hearing these kinds of speculations? Am I all wet or is there some validity in the thought process?
After 2 years of owning my 996 GT3 and adding around 8k mostly track miles and some track goodies. When I went to sell the car it basically sold itself. All I did was mention in a post that I might be selling and listed my number and within hours the car was sold for considerably more than I paid for it! I figured it was a stroke of luck and I better close the deal bc the purchaser didn't know what he was doing.
Well maybe I didn't know what I was doing. Had I held the car another 2 years I would have sold it for $15k more! WOW!
Which brings me to my question. With all these PDK cars especially Turbo and Turbo S out there and what appears to be no option for a 6 speed. And with such a reliable and mod friendly GT1 motor, will the 997.1 turbo's end up being more expensive than the PDK turbo's.
I was told that since now the Carrera's are all TT that the NA 997.1 and .2 cars especially 6 speed cars will go up in value similar to the last of the air cooled P Cars. That is one reason I snatched up my 997 TT with only 36k miles and some mods. To finish paying off my .2 TTS was going to be around 42k. For less than half of that plus my equity I bought my 997 TT.
I figured the value will hold or maybe go up and one day if I want I can sell the 997 TT and buy a 11,12 or 13 .2 TTS and have change in my pocket.
Anyone else hearing these kinds of speculations? Am I all wet or is there some validity in the thought process?
Your GT3 gained value because it's a rare car and there is so much demand for anything Porsche GT-related in the last few years.
The Turbo models were much more plentiful and not in such high demand. But the .1 6speeds seemed to have dropped very little over the past year while the .2 has continued to drop like a rock. Maybe the depreciation on the .2's will steady at the 75-80k mark like the .1 6speeds...or maybe they keep falling and end up lower than the .1's. Who knows.
The Turbo models were much more plentiful and not in such high demand. But the .1 6speeds seemed to have dropped very little over the past year while the .2 has continued to drop like a rock. Maybe the depreciation on the .2's will steady at the 75-80k mark like the .1 6speeds...or maybe they keep falling and end up lower than the .1's. Who knows.
I think clean low miles 6MT.1 cars will eventually surpass PDK cars in value but the gap will never be as large as 993TT cars versus 996TT for example (obviously). The PDK cars are just so damn functionally fast and fun that I don't see them being outpaced by much. One of the big draws of the Mezger cars are the motor's ability to put out silly numbers with only rods and once you crack it open and strap giant snails on it it is no longer valuable as a collector, sort of a self limiting catch 22.
I also think we're starting to see the first cracks in the bubble. 930 cars have dropped 15% from their all time highs per Hagerty but the tell tale sign to me are the couple of delivery mile '11 GT3 4.0 cars floating around with unadvertised $1MM asks. Granted, this is just forum chatter but whenever you hear of 5 year old cars being mentioned in the 7 figure range you should probably duck. Mass produced 997.1 turbos will probably follow the top of market silly cars up and down with much smaller peaks and valleys, jmo.
I also think we're starting to see the first cracks in the bubble. 930 cars have dropped 15% from their all time highs per Hagerty but the tell tale sign to me are the couple of delivery mile '11 GT3 4.0 cars floating around with unadvertised $1MM asks. Granted, this is just forum chatter but whenever you hear of 5 year old cars being mentioned in the 7 figure range you should probably duck. Mass produced 997.1 turbos will probably follow the top of market silly cars up and down with much smaller peaks and valleys, jmo.
Last edited by NBoost; Aug 2, 2016 at 07:45 AM. Reason: grammar
Eventually that may be the case, but the .2 cars are delightful machines in their own right. A 6MT .2 is a unicorn, and may very well end up be a sought after model as well, if manual transmissions are your thing.
Love the manual trans. 6 Porsches and 1 Ferrari. All 3 pedal.
Not really sure 997TT's are considered as "mass produced" vehicles ....
Relative to a Ford Fusion, no, relative to a GT2 or 3, yes.
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What are the ballpark production numbers for GT3's? I know personally I see a ton of them and am skeptical they're that rare compared to TT's...but my perception could be skewed due to where I'm located.
Nice clean turbo will always be worth decent money. I dont see the prices falling or increasing to any thing much over where they are. Nice ones will be worth 70k for a long time, maybe increase a little over time but will they ever be worth gt2 money, never. Just but them, drive them, enjoy them. They are a great value for half of what they cost new.
Historically, the Porsche 911 market seems to be resistant to change. When there's a big change, it usually isn't well received (air cooled to water cooled, headlight changes in the 996 etc..) and can increase the value of the previous generation. Maybe both those changes worked in favor of the 993 and worked against the 996... but even 996 turbos are creeping up in value which is a good thing for 997.1 TT owners. As we can see in this thread and on many other threads and other Porsche forums, a lot of people still prefer the manual so there's certainly demand for it. Also, the rawness of the Mezger and everything on it being rebuildable can be a value to some. The raw feel and sound have always been a part of 911's and now we see them as more refined. The GT cars also share this simplicity and rawness.
That's not to say I follow suit...I'd love to add a .1 PDK alongside my .1 6-speed manual. Even though I love the classic, raw feel and sound of the Mezger cars, I can appreciate the technology of the PDK and smooth refinement of the DFI.
That's not to say I follow suit...I'd love to add a .1 PDK alongside my .1 6-speed manual. Even though I love the classic, raw feel and sound of the Mezger cars, I can appreciate the technology of the PDK and smooth refinement of the DFI.
Last edited by Southpaw07; Aug 5, 2016 at 03:28 PM.
Only 6,281 997.1 turbos were sold in the United States. It's certainly a large number compared to specialty versions of the 911, but it's far from "mass produced". Of the cars sold in the US, 4,012 were equipped with a manual transmission. 2,442 were cabriolets. A little quick math will show you that there are some rare versions of the "normal" 997.1 turbo out there. A well-optioned cabriolet with a manual transmission in an unusual color can be quite a rare find. I looked for mine for a long time before I found it.
The source of these numbers is Flachbau on www.rennlist.com.
http://concoursbyappointment.com/200...north-america/
....definitely not mass produced IMO






