I own a 2008 997.1 TT Cab with manual transmission, 45k miles. I'm debating upgrading to a new model via trade versus buying a new model as a second Porsche. My only reason for keeping the 997.1 is because I don't believe they made many of these with the cabriolet/manual transmission model, and I like to drive it. I know there is no way to predict collectibility, but I'm wondering if holding onto it for say, 15 years, would be worth the wait...

Thoughts?

 

I doubt it. You are right-they didn't make that many 08 TT cabs-maybe 300 (just a guess)

 

If you didn't have 45k miles on it, I'd say keep it. But you do. So it won't really sky rocket in value if all others did. I'd say upgrade. This level of car shouldn't be used to play the investment game.

 

What was the original MSRP of this car. I too have a 08 Cab 6MT. It's a great car. To be honest if my car had 45k I'd keep it for what they will give you on trade you can't replace it with similar.

 

MSRP was $136k. I bought CPO 5 years ago with 11k miles for 94k.

 

It's so tough to speculate 15-years out or even 3-5 years out for that matter. Long-term value wise, our cars could be the next 73 911S...or the next 944. I'd rather speculate on the stock market or real-estate, personally.

 

Starting to sound like that odd 69 Camaro 6 cylinder with the air conditioning option.


Mezger engine, manual, has its possibility but, that's what most thought when the 997 release happened over the 996.


If you track your 997, keep it. If not, personally I would upgrade.

 

That's not necessarily true. There are many good examples where millage has had little impact on collector cars.

Here's my stance, I'm keeping my car, and going to eventually give it to my kids. To me, that makes it worth every $ to keep it.

 

100% no. 100% certain that holding onto it for that reason only is a bad idea.

 

That is a good question. If you ever go to ferrarichat.com and see the premium that sellers are asking for gated (manual trans) 430's, you may wonder what is in the wind. They are not talking thousands in premium, but tens of thousands. I don't know what they are finally selling for, if at all, but it makes you wonder.
As for the mileage of 45k, one would wonder if the 911 is just getting broken in at that point. Sure a lower mileage car would be more desireable, but the 911 turbo is such a robust vehicle, that if properly maintained, 45k would not be highly detrimental.
I really feel that the 997.1 with the manual trans is the last of an era. Adding to the fact that it is a cab, just adds to the the car.
I could go on, but driving mine is a great experience every time!

 

Upgrade to a newer Porsche and enjoy your new car. Why? In spite of the general affinity for the Mezger engine among enthusiasts, the 997.1 6MT has yet to show signs of being a collectors item (i.e., hard floor on $$ value for low mileage used models). That said, if over the years the 997.1 6MT does achieve collectible status, I suspect the most desirable cars would be cars with mileage <25K (not those approaching or over 50K)!

 

Smart man...

I'm 99% to the decision of keeping my 997.2 as long as the current 911 is still on the same basic drive train platform. I'm going to wait until the hybrid tech from the 918 trickles down to the 911...or buy a new nsx once (if) its potential is proven true in the real world.

 

We think along the same lines bro... I also plan on hanging on to the TTS until either the turbo/hybrid technology makes it way down to my price-point or something else draws me in (liking the NSX but need to see about overall performance).

 

I dont know if the car will ever be a collectors item because of the number produced but 996 and 997 turbo prices are stabilizing. The turbo will always have a place in 911 history but the gt3's are likely to be considered a collector item before the turbo will be. It seems like 996tt prices have almost stayed the same for the past 3-4 years. In terms mileage 45k is not low but i think 997tt's with over 60k miles are seen as cars with considerably more mileage even if it's only 15k miles more over a span of 7-8 years.

 

Low mile 997.1 6mt cars don't stay on lots very long and are holding firm on prices. Not a collectors car yet, but highly desirable right now. Don't write off the mezger 6mt factor, among enthusiasts it's real.
C