996 turbo investment?
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05-29-2016, 08:19 PM
#17
Instructor
as noted any that will appreciate will be the rare birds such as the X50. but if the X50 is molested with suspension & tuning work it will likely will be less valuable. the stock like rock, low mile units might increase in value as the owners bolt on depreciation to many of the current enthusiast like us...
I am aware having sold my 78 racecar for less that I could have if id never touched the thing. it was a rare example that I ruined building my racecar while spending many, many thousands of $$. an unmolested unit will always be more desirable in any frenzy type market where priced become inflated.
though when it comes to the racer I would not change a THING!!
I am aware having sold my 78 racecar for less that I could have if id never touched the thing. it was a rare example that I ruined building my racecar while spending many, many thousands of $$. an unmolested unit will always be more desirable in any frenzy type market where priced become inflated.
though when it comes to the racer I would not change a THING!!
05-29-2016, 10:28 PM
#18
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^ thats great if so, but would hardly qualify as the "norm" rather the exception. i would wonder what kind of mileage particularly on a tt w tiptronic)?!) has gone up in value 15% in 2.5 years. must have been a fire sale purchase and/or zero added miles to have happened. but good for you!
Ha, it's just what x50 apparently does...why do I picture him as one of these guys from the Muppets:
05-30-2016, 12:03 AM
#19
05-30-2016, 12:24 AM
#20
Rennlist Member
I know for a fact that $$$ can be polished into cars. So buying the cheapest example and caring for it can show an increase in value over a short time. Dealer model at its best. You will never know until you try to sell it though. Look at the many 996TT for >$50-55K at dealers, they bought them somewhere for a lot less.
I don't believe the average 996TT will go up or stop going down wit miles until the 997s stop going down and my browsing shows that is not happening. There are even a few examples of there being only a ~10% difference, say high 50's vs low 60's, between 996-997 and plenty of anecdotes that the round headlights + are worth at least 20%
I don't believe the average 996TT will go up or stop going down wit miles until the 997s stop going down and my browsing shows that is not happening. There are even a few examples of there being only a ~10% difference, say high 50's vs low 60's, between 996-997 and plenty of anecdotes that the round headlights + are worth at least 20%
05-30-2016, 03:45 PM
#22
This is wishful thinking or a small anecdotal sample, IMO.
Have you seen the number of 996TT on AtoTradr at $45k and less? Some very decent miles. Do those have stories? They all should bt now, good or bad. Unique options and colors will go along with the adage that they are only original and low miles once.
Does anyone have a KELLY Black book access?
If 996 997 TT's have the same engine + 997 universally agreed looks better, then 997 has more value. If the price of 997.1 continues the depreciation trend then the 996 will as well.
Can we equate them to Schrodingers cat? If you don't sell your 996TT then the actual value will never be known and cannot go down or up?
Last edited by 996SPECticle; 05-30-2016 at 08:21 PM.
05-30-2016, 04:27 PM
#23
Originally Posted by Bloose993TT
They are great value but I wouldn't consider them an investment (unless your buying GT2/GT3 996). Way too many produced.
05-30-2016, 04:38 PM
#24
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Originally Posted by Berra
Way too many produced doesn't tell the whole story now does it? M3 E30 was produced a lot too, pretty much the same amount as the 996 Turbo, and those cars with low miles in mint condition are insanely expensive.
05-31-2016, 12:21 PM
#25
Rennlist Member
Actually MORE e30m3's were produced from my research. This is my belief as well that the 996TT will follow a similar trajectory in the next 5 to 8 years.
05-31-2016, 01:28 PM
#26
Three Wheelin'
Originally Posted by Berra
Way too many produced doesn't tell the whole story now does it? M3 E30 was produced a lot too, pretty much the same amount as the 996 Turbo, and those cars with low miles in mint condition are insanely expensive.
05-31-2016, 01:32 PM
#27
Rennlist Member
as with many others, i wouldn't view a 996tt as an investment as much as i would an undervalued model that can't go anywhere but up. we're not talking 993tt action, just a nice place to put some money into a car and not worry about depreciation. enjoy it, drive it and don't hassle the money.
05-31-2016, 01:34 PM
#28
Originally Posted by Bloose993TT
The E30 M3 is a complete different animal. It's not just the production numbers...
And my point was exactly that, it's not always just about production numbers.
You guys in US should see the value of the 996 Turbos in Europe. I wouldn't be able to by my own car if I was in the market today, it's going up!
05-31-2016, 03:02 PM
#29
Rennlist Member
i've owned several M cars - early M cars - and the statement that the E30 M3 was a 'slow car' is right on. i autox'd mine extensively, tracked it, instructed in it, but it had to be on the track to understand it's brilliance. as a driver, it was buzzy and slow - unless you thrashed it on the street. it's racing history and pedigree are what make the E30 M3 what it is. i love them, but i wouldn't buy at current prices - too many other options that have greater performance numbers.
05-31-2016, 05:15 PM
#30
E30 M3 has gained a mythical status for good reason. It's the essence of what BMW was but no longer is. Not sure what the best Porsche comparison would be but probably not the 996tt. Kind of a hypothetical 964 GT3 if any such thing had existed back then.