997 Turbo / GT2 2006–2012 Turbo discussion on the 997 model Porsche 911 Twin Turbo.
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How well do you think 997 tt will hold their value?

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Old Oct 3, 2006 | 11:34 PM
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How well do you think 997 tt will hold their value?

In how many years do you think they will be selling low 100s?
 
Old Oct 3, 2006 | 11:40 PM
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Originally Posted by Vladcanada
In how many years do you think they will be selling low 100s?
all depends on the sticker price. a lot of them are stockering around or above 150K. i was just on ebay and still saw 2001 996TTs the highest i saw was low 70s, so thats still pretty damn good if you ask me. i would guess the 997TT will be low 100s in like 3-4 years. by low 100s im thinking 110-120K
 
Old Oct 3, 2006 | 11:41 PM
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Originally Posted by PorscheC4
all depends on the sticker price. a lot of them are stockering around or above 150K. i was just on ebay and still saw 2001 996TTs the highest i saw was low 70s, so thats still pretty damn good if you ask me. i would guess the 997TT will be low 100s in like 3-4 years. by low 100s im thinking 110-120K
my reasoning is due to the fact that i dont think there are supposed to be as many and that they are going for more money now as well and all the latest technology is a big plus.
 
Old Oct 4, 2006 | 12:36 AM
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Originally Posted by PorscheC4
my reasoning is due to the fact that i dont think there are supposed to be as many and that they are going for more money now as well and all the latest technology is a big plus.
mine comes in 1 month from now, but i don't think the resale will be as strong as you think. eventualy, enough cars will be produced and the demand will be satisfied. the maxed out 145-150k cars that you speak of with the pccb brakes will not sell when they are 2-3 year old for much more than the 126k cars. for proof, look at the resale of 996 non x50 turbos versus the x50 equipt of similar years. if my car stayed over 100k after 2 years, i would be thrilled.
 
Old Oct 4, 2006 | 01:06 AM
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I think when the 996tt first came out, people thought the "new technology" of the water cooler engine and electronic aids were great, and the supply was initially limited (as always with a new Porsche). As production volume increased, the 996tt values decreased on the used car market -- especially compared to how the 993tt is holding its value (partly due to lower numbers of production and being the last generation of air-cooled engine).

If the 997tt production increases to match demand, similar to the 996tt, then depreciation may be similar. As the prior post stated, the X50 option which originally was $17.7k is now worth maybe $5k used, or even less. Options don't seem to hold value very well (especially when you trade in to the dealer!).
 
Old Oct 4, 2006 | 02:48 AM
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I hate to have to agree with doc on this one but one thing Porsche history has shown, a very well optioned car usually holds little to no more value than it's light optioned bretheren.
It might sell quicker, but usually not fetching much if any premium over a naked car.

Hence, the guys who bought the car for 125k are going to lose much, much less than those who optioned the car to the 9's.

I hope I'm wrong, I'd love to see some money back for my premium color, etc. But I'm not going to hold my breath. Besides, I think this one will be in the garage for a long, long time.

B
 
Old Oct 4, 2006 | 03:35 AM
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The 996 turbos did not hold their value very well, partly because Porsche made so many of them. From what I've heard (indirectly from a P rep), Porsche plan to make as many 997 turbos as they can sell. So, a repeat of the 996TT tanking is probably in the cards. But, hey, I never let depreciation stop me from getting a new toy!
 
Old Oct 4, 2006 | 06:41 AM
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I think an 07 997 TT with about 15 K miles, will sell for around $85 to $95 K by mid 2010.
-Peter
 
Old Oct 4, 2006 | 08:01 AM
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I think 100 k or so in 1 to 2 years for the lower optioned cars. That is a 20% hit in 2 years....not bad.
 
Old Oct 4, 2006 | 09:30 AM
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No different then what we have seen with the 996TT.. They will make as many as needed. They would only hold value if they limited production to keep demand high as in the 993TT days and prior...

But those days are over with Porsche in the standard models...

If your concerned about depreciation your buying the wrong cars unless you flip them quick while demand still out weighs production... Or just buy a used 996TT, mod it and have better performance in the long run anyway...

Either way, buy it, drive it and most of all just enjoy it.... That's what these cars are all about...
 
Old Oct 4, 2006 | 10:21 AM
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If Porsche overproduced the CGT you can bet your a$$ they will not think twice about meeting demand for the 997TT and then some.

I agree that heavily optioned cars will take the most hits. in the used market people dont pay more for the pricey options. They look at condition, year and mileage and not much else for the most part.
 
Old Oct 4, 2006 | 01:52 PM
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Originally Posted by woolyg
No different then what we have seen with the 996TT.. They will make as many as needed. They would only hold value if they limited production to keep demand high as in the 993TT days and prior...
And, if you look at the prices of the 993TT these days, it's surprising that they don't fetch much more than the naturally aspirated version of the same car. I have seen 993C2S, 993C4S sell for almost the same price as the 993TT (give or take $5k-$10K) -- And there seems to be many, many more 993na's..
I think the reason is, there is a bigger demand for the NA cars. Maybe it's because of insurance or people are more afraid to buy a preowned turbo fearing abuse, etc... But turbo charged 911's appeal to a much smaller market than a standard 911. And yes, I understand that less of them are made, but that should result in better % values not worse. And the 993 has better values for the owners of the NA cars.

B
 
Old Oct 4, 2006 | 03:25 PM
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the 997tt will suffer the same fate as the 996tt, probably worse. They will produce just as many, and remember, when the 996tt came out, there hadn't been a turbo available for purchase in 4 years! So there was a huge buildup to the release of the 996tt. The 997tt is more of an update than a redesign.
 
Old Oct 4, 2006 | 04:43 PM
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As others have mentioned the 997TT will suffer the same fate as the 996TT and in all probability the 997/S/4/4S will in all probability hold their value better than the turbo models just as the 996 (compare prices on 02 cars, the best dealon a 40k 02 C2 is in the mid 40s yet you can buy a turbo with 20k miles for only 50% more as opposed to the initial purchase price being almost 70% more) . As mentioned earlier in the thread, high option cars will not fetch much more on the market, but they will be easier to sell.

-Adam
 
Old Oct 4, 2006 | 04:53 PM
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OK, you can have mine in 3-4 years

Originally Posted by PorscheC4
all depends on the sticker price. a lot of them are stockering around or above 150K. i was just on ebay and still saw 2001 996TTs the highest i saw was low 70s, so thats still pretty damn good if you ask me. i would guess the 997TT will be low 100s in like 3-4 years. by low 100s im thinking 110-120K
for the low 100's. Unfortunately I think that the prices for a used 997tt with average mileage will be considerably less by then.
 


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