997 Turbo / GT2 2006–2012 Turbo discussion on the 997 model Porsche 911 Twin Turbo.
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997.1 Turbo values?

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Old 05-23-2017, 02:12 PM
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997.1 Turbo values?

I see the post regarding a 997.2 so I thought I would start another. I simply don't use my car and for those fun occasions I always defer to my Viper T/A so I think my Turbo is going to go. It is a 2007 with around 18k miles, 6MT, coupe, Slate Grey exterior, Grey interior, full carbon interior, full clear bra with a sticker of over $142k when sold new. No accidents, no paintwork. I would call the car pristine but it has about 3 tiny stone chips. I am going to remove the Kline exhaust so it will be stock. I don't see many of these for sale anymore and prices seem to be $75k-$85k so I was thinking $80k? Will be a tough sale because I love the car but I have put on maybe 2k miles in over 2 years and I drive it less and less....
 
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Old 05-23-2017, 02:30 PM
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for sale thread?
 
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Old 05-23-2017, 08:31 PM
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$80k sounds like a stretch to me. I'd think low-mid $70s.
 
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Old 05-23-2017, 09:20 PM
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I'd say ballpark, 75k
More if the interior color was black imo
Fully documented history is a huge plus
Number of owners matter greatly to some so that can dictate the price too
 

Last edited by stonesonsilver; 05-23-2017 at 11:04 PM.
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Old 05-24-2017, 10:03 AM
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I am thinking $75k-$80k but there are very few cars for sale and they could trend higher. As the car only has 18k miles there are not a lot records and there are about 4 owners. I don't care for the annoying people so they can buy something else as I am not dealing with their crap. I am in no rush to sell it.
 
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Old 05-24-2017, 10:06 AM
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yeah 75k sounds about right
 
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Old 05-24-2017, 12:51 PM
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With 4 owners and they age and mileage if you found the right buyier I think you could get 70k with well documents service documents. If not that can really drop the price.
 
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Old 05-24-2017, 01:35 PM
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If an 18k mile mint turbo with no mods is worth under $70k I'll be keeping it. After just selling one of my other cars I am pretty unenthusiastic with the prospect of going through that experience again! I find it interesting that 996TT values are almost the same as 997TT values. I sold my 996TT 3 years ago and everyone hated them but now everyone wants one? This is a lot like the 930 and 964 Turbo markets where the 930's blew up first and then the 964's took off. I am not saying these will blow up but I cannot imagine wanting a 996TT over a 997TT at the same price point.
 
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Old 05-24-2017, 02:30 PM
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Originally Posted by bmwtmx
If an 18k mile mint turbo with no mods is worth under $70k I'll be keeping it. After just selling one of my other cars I am pretty unenthusiastic with the prospect of going through that experience again! I find it interesting that 996TT values are almost the same as 997TT values. I sold my 996TT 3 years ago and everyone hated them but now everyone wants one? This is a lot like the 930 and 964 Turbo markets where the 930's blew up first and then the 964's took off. I am not saying these will blow up but I cannot imagine wanting a 996TT over a 997TT at the same price point.
I totally understand you. The phrase that's thrown around a lot is a seller finding "the right customer". I'm curious to know who those folks are. The 996 used to be a hell of a bargain 5-6 years ago. I remember even back in 2008, I nearly bought a 2001 996TT for $38K with 40K miles on it. In retrospect that would've been a decent purchase. But today, 996TT's are going for 50's and that is waaaaaaaaaaaay too close to the 997TT entry price.
 
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Old 05-24-2017, 03:26 PM
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I liked the way Matt Farah put it in a video once - "paying tomorrow's prices, today." I think a lot of the high priced 996TT sales are people trying to get in early in case they explode like air-cooled turbos did.
 

Last edited by Skwerl; 05-24-2017 at 03:29 PM.
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Old 05-24-2017, 04:04 PM
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For 18k miles people are going expect it to be "like new" presentation in every catagory.

If a prospective buyer is cool with grey interior, I'd see someone offering on the genourous side of 70. Under 70 your starting to give it away....imo

There was one 21k mile silver/blk 6spd sold on BAT recently sold for 63k before any fees....
Nice buy there... but who knows without seeing a car in person.
 
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Old 05-24-2017, 06:07 PM
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Just post it for sale at the price you will sell for.
 
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Old 05-24-2017, 07:22 PM
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18k miles is pretty low. These types of cars change owners fairly often so that doesn't bother me. I forecast $75k-78k depending how quick you want to sell
 
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Old 05-24-2017, 07:35 PM
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Originally Posted by bmwtmx
I see the post regarding a 997.2 so I thought I would start another. I simply don't use my car and for those fun occasions I always defer to my Viper T/A so I think my Turbo is going to go. It is a 2007 with around 18k miles, 6MT, coupe, Slate Grey exterior, Grey interior, full carbon interior, full clear bra with a sticker of over $142k when sold new. No accidents, no paintwork. I would call the car pristine but it has about 3 tiny stone chips. I am going to remove the Kline exhaust so it will be stock. I don't see many of these for sale anymore and prices seem to be $75k-$85k so I was thinking $80k? Will be a tough sale because I love the car but I have put on maybe 2k miles in over 2 years and I drive it less and less....
The car has just 18K miles but is 10 years old. With 18K miles the car is still "new" in that it hasn't covered the 50K miles a new car warranty covers. Not only that but the years are starting to add up and age related problems will start to appear.

With such low miles there is a concern that the car could develop a new car problem but of course with no warranty the cost of the repair would be out of the new owner's pocket.

(My 2003 Turbo which I bought used in June 2009 with just 10K miles on it developed a transmission leak at around 30K miles. Had it not had a CPO warranty I would have faced an approx. $7K repair bill to have the transmission removed and fixed. It also developed other problems from 10K miles to over 50K miles that were covered until the warranty expired on time in June of 2011. Had I not had that CPO warranty that would have been one heck of an expensive car.)

I'm not up on early 997 Turbo prices but $80K seems a bit optimistic. My only experience is the aforementioned 996 Turbo with just 10K miles and a 2 year 100K mile CPO warranty that was for sale in 2009 with an asking price of $62K. The car listed new for $119K (I have the original window sticker). I bought the car as I said with 10K miles a 2 year 100K mile CPO warranty for $57.7K.

Thus in the case of your car with a list of $142K but being 10 years old and with no warranty I'm thinking that half that $142K, aka $71K, is a bit of a stretch but before you go ballistic make up an ad and put what price you want with the ad and see what happens.

Honestly, I hope you get $80K or whatever number you decide upon for the car and can come back and tell me I'm all wet.
 
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Old 05-25-2017, 10:57 AM
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listing on cargurus will give you a good value estimate. Maybe 2-3k over what it would actually sell for
 


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