Fredthechippy

Hi all - I currently have a 964 which I've seen soar in value in the last 3 years. Love the car but also love the fact it's appreciating rather than depreciating. Looking at 996 turbo prices, they seem like amazing value right now compared to all other 911 turbos. Do you reckon they are underpriced and will shoot up in future?

My vague plan I need some views on: sell my 964 cab manual for £30k and get a 996 turbo tip for £35k. In five years the 996 is worth maybe £50-60k.

Olemiss540

Buy the Turbo for how incredibly undervalued it is, not for how much it might be valued in the future. Sell the 964 for the exact opposite reason IMO. The market cannot maintain the valuations of the aircooled bubble and you will be driving a much more capable car for about even money....

ChristianR

i wouldn't hold my breath that the 996tt will sky rocket in value, there are a ton of 996tt cars built compared to the others.

if you want a 996tt than buy it and enjoy it

rmc1148

They will be worth considerably more in the future but a car is rarely a good investment when maintenance - insurance costs etc are tossed in. Great car to own and I suggest a nice low mile example with maintenance records. If you get a rarer color and some nice options like x50 or aero package that will help your chances of getting a higher resale, but of course will increase purchase price also. I personally do not buy cars as investments as on occasion you will win but more often not.

Fredthechippy

I guess 'investment' isn't quite the right term. I'm gonna buy a sports car so I'd rather get one which goes up in value rather than down. Something quite nice about that.

techweenie

I got rid of a Boxster I was 100% happy with in every way except depreciation. Got the 996TT and between 'resetting' some mods/options and the general market discovery of the undervalued nature of the beast, have enjoyed about 18% appreciation in a year and a half.

So I get it. You want to lose as little money as possible.

Just be aware that cost of maintenance on a $140K (is that £100K now?) car is not diminished when the car is $45K.

Resolute1

Not sure about investment potential but I agree with the others in that the 996TT is a vastly under appreciated car and a tremendous performance value at current pricing.

TT Surgeon

The air cooled market is already correcting 15-20%.
Right now and he 996tt is grossly undervalued IMO. Think 930 s in the early 2000s.

"02996ttx50

^ agree they are a tremendous undervalued if not under appreciated, but it's a car and not artwork.

i would think that with most any *mass produced* used car, one would has to contend with the reality that in order for the car to increase or even maintain it's "value" one would have to fully refrain from driving it!

but then what's the point of having it and not driving it since it isn't a museum piece ( yet? ), given that speculating on the value heading north is something best left to paintings and artwork and other sundry items not prone to diminishing values for simply having enjoyed them in the manner for which those that designed them originally intended?

to fully enjoy the car, you're going to diminish it's value. it's never going to increase in the way a/c cars have. i'd love to be wrong.

911mhawk

+1
Unless you have sentimental attachment, $ for both, etc., the turbo is the way to go. Wouldn't be surprised if the turbo goes up as much as the 964 "corrects" over the next two years.
I've had both and they are different cars but if you offered me one of the other, I'd go turbo all day and night.

Bloose993TT

They are great value but I wouldn't consider them an investment (unless your buying GT2/GT3 996). Way too many produced. As stated above, insurance cost, maintenance, taxes will probably offset any appreciation. If you can buy one, drive it for years and break even after all your expenses when time to sell, you are doing better than most.

964's coupe/manuals have gone crazy due to relatively low production #s, last of the hand built classic body aircooled cars, singer hype, etc... It feels like everyone and their mom is after the perfect C2 coupe these days. Great examples sell in a matter of hours.

Carsly

Bingo. I've owned my low mileage 996TT Tip for 2.5 years and it's up 15+% or so. In any case, likely zero depreciation on a sale which is a heck of a lot better than any other $50+K sports car out there - new, CPO or otherwise.

Fantastic cars that are starting to be seen for what they are, the dawn of the next generation (water cooled) of the timeless 911.

"02996ttx50

^ 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!

911mhawk

^Why do you always poke holes in the value of these?

996SPECticle

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%