996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

Values on the Upswing?

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Old Aug 2, 2017 | 01:23 PM
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Old Aug 2, 2017 | 04:29 PM
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Yeah but that's a unicorn. Above average price for a well above average (extremely low mileage) car.
 
Old Aug 3, 2017 | 11:47 AM
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Super low miles has to be the reason for that price. i did not see a single option of the car. 2001 old chassis, no 2002-2005 upgrades to justify the price. When i was looking to buy, i found a 2001 in AZ that was being offered for $55000. It had 17000 miles and no options, red black interior, one owner. Dealer could not move on price as he paid to much for it. I wound up getting a three owner Turbo S with every option that was offered, and did not spend that much. with the age of that car, to drive it, he would be looking at a hugh water pipe connection/age issue, all fluid services, belts, water pump, brake service etc.. wish him good luck......
 
Old Aug 3, 2017 | 12:39 PM
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I use the carsforsales.com pricing guide app as an approximate trend indicator. it's not perfect but typically gives you a pretty good gauge vs. nothing at all.

Values are up... I bought a 45k manual car for 41k 5 years ago, and i'm sure the same car today would be maybe 50k? Not the crazy appreciation of the other models.




 
Old Aug 14, 2017 | 01:28 PM
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Looks like they are on the up side of things - 2002 almost like mine when I bought it just went for $52,250 http://bringatrailer.com/listing/200...-911-turbo-10/

I paid $10k less for mine with similar miles 8 years ago!
 
Old Aug 15, 2017 | 07:50 PM
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the ONLY 996 turbo that is not increasing in resale value is mine, as i continue to happily tack on miles and rock chips
 
Old Oct 6, 2017 | 03:06 PM
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Old Oct 6, 2017 | 04:14 PM
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They're getting there...
 
Old Oct 6, 2017 | 09:28 PM
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I've got so much time and energy into mine I feel married to it. I'm still enjoying my car when it is driving.
 
Old Oct 11, 2017 | 08:36 PM
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02996ttx50, yours is not the only one. I do the same, add miles, rock chips and in my case, track scars. That said the fun quotient has still far exceeded any depreciation.
 
Old Oct 12, 2017 | 07:37 AM
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Originally Posted by raineycd
I feel bad for the original owner who spent $60k to drive the car for 6k miles... minimal enjoyment for the cost and 14 years of ownership in my opinion...

Good to see they're getting decent money though.
 
Old Oct 12, 2017 | 06:13 PM
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Originally Posted by Twinturbofan
02996ttx50, yours is not the only one. I do the same, add miles, rock chips and in my case, track scars. That said the fun quotient has still far exceeded any depreciation.
ha. nice to hear an equally unrepentant user/abuser. i love this car and take care of it, without regard for its monetary value - what of it remains -

the bottom line is: if we need be worried about a day to day dollar value depreciation of a 15 year old and under appreciated 911 porsche?

we have larger issues and or problems lurking
 



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