Ed99

I have been on the lookout to purchase a 997 Turbo and notice in the month of March they are selling for a lot less than what we have seen in the last 3 months.

Examples from Bring a Trailer:

Mar-19-2022: Turbo 2007 6spd Coupe, 38K miles sold for $104K
Mar-16-2022: Turbo 2007 6spd Coupe, 30K miles sold for $103K
Mar-12-2022: Turbo 2007 Auto Coupe, 29K miles sold for $80.5K
Mar-8-2022: Turbo S 2011 PDK Coupe, 39K miles sold for $97K
Mar-6-2022: Turbo 2008 6spd Coupe, 64K miles sold for $93K

The 6spd seems to fetch an average of around $100K and auto/PDK fetches for an average of $88K. A difference of $12K between 6spd and auto.

I wonder if this is just an off month or do you guys think the prices are coming down or that is the going market in the past while?

Robocop305

Do these prices include the $5k BAT fees? Also, see if any of them had Carfax incidents. I think with the current war in Ukraine, inflation, etc., the prices may stabilize a little. I still think comes spring prices may go up a little or stay still if the current situation continues. If everything normalizes again, prices will go up during spring and summer. IMO.

Skwerl

I always keep this tab open to watch prices, at least on the manual coupes.

https://www.classic.com/m/porsche/91.../coupe-manual/

YZWILLY

Yes, the market is definitely softening up, The silver techart that just sold on BAT should have been $115,000. all day only did $104,000. I don't think spring will make a big difference. The people who were just testing the market, putting high ask prices on their cars will be perfectly happy keeping them if they can't get the crazy prices. Then there will be guys who might need to get rid of them due to inflation, rising interest rates, 2nd mortgages, that is when the market will correct itself. I don't think we will ever see pre-covid pricing on these cars.

signde

eh i’m not going buy that the last two manual 997.1 turbo coupes not going through the moon on pricing means the market is going down, especially when one of them had undisclosed damage and the other was pretty heavily modified.

how reversible is that techart package on the silver one? i didn’t see anything about the original OEM parts included with the car. of course this is personal preference but i do not like that techart body kit / wing at all. if i were still shopping i would have had zero interest in that car.

dgoldenz

I was surprised to see how low these two higher mileage turbos went considering that asking prices are starting around $90k even for higher mileage cars I see listed:

2011 with 63k miles for $79k - https://www.pcarmarket.com/auction/2...che-997-turbo/

2010 with 71k miles for $74k - https://www.pcarmarket.com/auction/2...e-911-turbo-5/

signde

those prices are spot on for 997.2 PDK cars with that kind of mileage. it's 6 speed coupes that demand a premium.

https://www.classic.com/m/porsche/91...ic?interval=1y

dgoldenz

Maybe so, but that means there is a very large spread between the asking prices and selling prices. There are hardly any 997.2 PDK listed under $90k,, anything listed under that has super high mileage or an accident. Most of the comps in that link are also from a while ago, not current market.

Cnair

I was offered $96k last year for my 12 turbo s with 62k miles but the car is really mint with the right mods and full leather red interior.

Boozted997

This 997.2 Turbo S went for $107k today with 42k miles on BAT.

https://bringatrailer.com/listing/20...11-turbo-s-11/

Robocop305

The premium prices are in the coupes and manual transmissions, just like any other high end marque.

nuclearfishin

There's a lot more variance between the cars than there is between a couple months. There are so many variables, most already mentioned in this thread. If you're convinced economics played a real role in pricing the last few months, inflation and lack of inventory should tell you everything you need to know going forward.

TurboTime997

Those prices are still a good amount more than I paid for my 18k mile 997.1 manual coupe back in December 2020. Auctions are always heavily dependent on who's in the "room" during the final minutes. I could see things stabilizing at this point, but I still think values are up vs a little over a yr ago.

cyclrder

The litmus test will be when a .2 manual trades on the market.. if it does. The .1 cars got way ahead of themselves as they are just way more plentiful than the 488 .2 cars total in the first place (not talking merits for and against).

the much more interesting indicator would be if the GT2 market has softened but that forum is a whole other zoo filled with characters….. funny as I believe on a numbers only comparison that more GT2’s were made than .2 manuals! But I tell you that if a .2 GT2RS came down to $250K that I’d give up my second child! Hahaha …

phsingl

Longer term I think the engine in the .1 will see values climb above the .2 cars - I'm not going to debate which is the "better" engine but the Mezger is and always will have the racing heritage and the "legend" tag that the DFI motor will never have.

Near term I agree that the .2 cars will see a higher premium.

PCM 3.0 versus PCM 2.1 is not something worth debating as a driver of value in a CarPlay world. Similarly the small styling tweaks and dynamic changes really don't add up to anything that is going to be driving the price higher as gas cars become the minority on the roads.