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997 Turbo pricing: stable or dropping?

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Old 06-07-2017, 03:00 AM
  #91  
CodeRed
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No way in the world would I pay close to the same for a 6TT vs a 7TT, say whatever you want the 7 is so much nicer inside and out, the 6 gen was about as close to a design mistake as porsche has ever made...and I bought a 6TT when new, so just trying to be real.
Old 06-07-2017, 08:06 AM
  #92  
Alan A
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Originally Posted by CodeRed
No way in the world would I pay close to the same for a 6TT vs a 7TT, say whatever you want the 7 is so much nicer inside and out, the 6 gen was about as close to a design mistake as porsche has ever made...and I bought a 6TT when new, so just trying to be real.
Prices on 6s are rising. Prices on 7s aren't. People are recognizing that the 6 has a place in the family tree. I don't find it impossible that they'll cross over.

Yes, a 7 is better than a 6 - it's newer, arguably prettier, has more power, but despite all that the price of a 6 is rising and the 7 isn't done depreciating yet.

And I want both - I'm just funny about what color.
Old 06-07-2017, 10:23 AM
  #93  
PorscheStrong
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Originally Posted by 996AE
Lot's and lot's of nice cars and a reducing pool of buyers.

When the music stops, it always does these toys will drop, as they always do. Few will see their cars values hold.

Our economy is and always has been cyclical and this time is no different.
Agreed 100%
Old 06-07-2017, 10:36 AM
  #94  
squid42
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Another change that I observed in the last 12-18 months is that attractive 997 cars (turbo, gts etc) tend to be more bunched at high end dealers. Very few private sales out there. I tracked some cars that were obviously bought out from private party and were offered at a higher price at a dealer right thereafter.
Old 06-07-2017, 10:43 AM
  #95  
vman932
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Originally Posted by squid42
Another change that I observed in the last 12-18 months is that attractive 997 cars (turbo, gts etc) tend to be more bunched at high end dealers. Very few private sales out there. I tracked some cars that were obviously bought out from private party and were offered at a higher price at a dealer right thereafter.
Dealers are trying to dictate/set/inflate the market. I've seen this with other niche automobiles like BMW M cars and MKIV Supras.
Old 06-07-2017, 12:51 PM
  #96  
raclaims
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I had a 996 cab and loved it but you can't compare it to a 7
Old 06-07-2017, 01:23 PM
  #97  
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Originally Posted by Alan A
Yes, a 7 is better than a 6 - it's newer, arguably prettier...
Arguably prettier?
Old 06-07-2017, 06:54 PM
  #98  
vbb
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The guy who mentioned the cyclical nature of the economy has a fantastic point. We are in a fairly bullish period with our economy at the moment. People haven't forgotten the Great Recession by any stretch, but people are also spending a little more freely and buying toys again. This will not last. I'm not saying it will be doomsday, but I do expect a bit of a bubble bursting in the next few years, and when that happens, the price of toys will drop. 10-15 year old Porsches with the requisite expected maintenance will not be what people are scrambling to buy.

That said, I think the economy will go back on an upswing and perhaps with it so will these cars. I just don't think that happens until the cars are closer to 20 years old, much like we're seeing with the 993TTs today (though, not quite on that level).

This is all guesswork by me, but it is what I believe. So with that in mind, the people looking to buy these cars, rarely drive them for fear of putting on mileage, and then sell at a profit in a few years might want to think twice about that plan. I don't think they're dropping off a cliff... I see $50K being the floor for 6MTs and $40K being the floor for the tips... but that's the more likely scenario that I see in the next 3-4 years than these cars swinging up over $80K, $90K+.

I do not predict the 996TTs eclipsing the price of the 997TTs though. Aside from comparing a pristine low mileage 6MT against a high mileage ragged Tip, I believe the 6s will always be lower than the 7s.

tl;dr- drive and enjoy your cars and stop "collecting" them hoping for a big payday. Be happy that these cars depreciate very slowly.
Old 06-07-2017, 07:11 PM
  #99  
PorscheStrong
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^^^ Well said and agreed on frothy markets all ways around.
Old 06-07-2017, 08:44 PM
  #100  
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Yes, a recession is due in the coming years and the "collector car market" is due for a correction. However, there's a certain performance value proposition that 997 Turbos have that can't be ignored. For example, a .2 has 500 hp, 500 ft-lb, amazing AWD traction, weighs less than 3500 lbs, comes with three pedals, and can be had for less than six figures. How many other cars on the market (new or used) can make those claims for less money? The next best thing is a 997 GT2, which trades for double the price.

It isn't just a frenzied bull market or fetishist collectors keep the values steady, these are legitimate high-performance values to be had. We're not talking about dog-slow six-figure 300hp air-cooled cars here, we're talking about cars that still hold their own against the best cars money can buy.
Old 06-07-2017, 09:44 PM
  #101  
CodeRed
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I agree with most of the above comments...the best way to get the value out of these cars is to drive them. If you get one at $75k, it is still about half of the original msrp, so not a bad deal at all...so just enjoy driving it!
Old 06-07-2017, 09:52 PM
  #102  
titleistaddict87
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What are people's thoughts on the .1 versus .2 pricing? It seems to me that .1 is closer to 6TT levels than certainly .2 with the '09 .2 being the unicorn here. For those that have had both, please share your thoughts if you can. As someone who is in the market for one (coming from a 991), I'm starting to become intrigued by these cars but need to learn more about the .1 vs. .2 differences aside from upgraded interior and cosmetic changes.
Old 06-07-2017, 10:25 PM
  #103  
pfbz
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Originally Posted by titleistaddict87
... .1 vs. .2 differences aside from upgraded interior and cosmetic changes.


997.1TT = Mezger engine.

.2 is not.
Old 06-08-2017, 06:02 PM
  #104  
HellaHashTags
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Originally Posted by titleistaddict87
What are people's thoughts on the .1 versus .2 pricing? It seems to me that .1 is closer to 6TT levels than certainly .2 with the '09 .2 being the unicorn here. For those that have had both, please share your thoughts if you can. As someone who is in the market for one (coming from a 991), I'm starting to become intrigued by these cars but need to learn more about the .1 vs. .2 differences aside from upgraded interior and cosmetic changes.
You're not going to find a lot of people on here who have had both a .1 and a .2.
Both platforms have their merits and you definitely won't be unhappy with either.
Objectively speaking, the 997.2TT was the Last manual Turbo made.
Old 06-08-2017, 08:55 PM
  #105  
PorscheStrong
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Originally Posted by HellaHashTags
You're not going to find a lot of people on here who have had both a .1 and a .2.
Both platforms have their merits and you definitely won't be unhappy with either.
Objectively speaking, the 997.2TT was the Last manual Turbo made.
Probably right, though FWIW, RL member 4ocious had both - a 2009TT and now a 2011TTS. I can't recall which posting, but I recall him providing a bit of comparison (though not entirely apples to apples, since latter is TTS, not TT). Perhaps he can chime in on differences and experience. Generally, I suspect most would say they've both incredible cars, but differences (e.g. Mezger ended 2009, .2's have less turbo lag, etc.).


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