991 GT3 Depreciation
#61
Burning Brakes
if you can afford the car, just buy it and enjoy it. you can always make more $
#63
Burning Brakes
I believe it was in the 12,000 mile range. The 96,000 was the price I got it down to because I almost purchased it but backed out at the last minute when I found I could get an allocation for a new GT3 assuming I took European delivery.
#64
Burning Brakes
I agree. Best option is unloaded it within 18 months or keep it long term which I like to do anyway. It seems to me Porsche life cycle between major improvements is about 7 to 8 years. 997 to the new 991 has been 7 years. My Cayman S has endured 8 years without a major update until this years new Cayman S.
#65
Burning Brakes
Although I do not believe the limited production GT models will depreciate as much as other models,
these are the residual Turbo Lease Values posted by a Porsche Dealer:
911 Turbo Coupe:
24 months
10,000 miles
63%
911 Turbo Coupe:
36 months
10,000 miles
56%
911 Turbo S Coupe:
24 months
10,000 miles
60%
911 Turbo S Coupe:
36 months
10,000 miles
53%
Add 1% for 7500 miles and 2% for 5000 miles for the ultra low mile programs. $3200 a month is the typical lease deal for 24 months, $2700 a month for 36 months.....
__________________
Brett Payne
brett.payne@sonnenporsche.com
415-380-8000 ext 7823 Direct
www.sonnenporsche.com
My own $157,000 MSRP 2002 X-50 Turbo was traded in for my C2S Coupe in 2012 for $33K w/47K Mi
and my $127,000 991 C2S yielded only $91 K on a recent trade-in on my GT3 Order. Ugly!!!
Other "megabuck" sports cars selling at high prices have similarly ugly depreciation schedules -
But you can always beat the game by simply not selling, as a collector friend of mine learned long ago.
these are the residual Turbo Lease Values posted by a Porsche Dealer:
911 Turbo Coupe:
24 months
10,000 miles
63%
911 Turbo Coupe:
36 months
10,000 miles
56%
911 Turbo S Coupe:
24 months
10,000 miles
60%
911 Turbo S Coupe:
36 months
10,000 miles
53%
Add 1% for 7500 miles and 2% for 5000 miles for the ultra low mile programs. $3200 a month is the typical lease deal for 24 months, $2700 a month for 36 months.....
__________________
Brett Payne
brett.payne@sonnenporsche.com
415-380-8000 ext 7823 Direct
www.sonnenporsche.com
My own $157,000 MSRP 2002 X-50 Turbo was traded in for my C2S Coupe in 2012 for $33K w/47K Mi
and my $127,000 991 C2S yielded only $91 K on a recent trade-in on my GT3 Order. Ugly!!!
Other "megabuck" sports cars selling at high prices have similarly ugly depreciation schedules -
But you can always beat the game by simply not selling, as a collector friend of mine learned long ago.
#66
Although I do not believe the limited production GT models will depreciate as much as other models,
these are the residual Turbo Lease Values posted by a Porsche Dealer:
911 Turbo Coupe:
24 months
10,000 miles
63%
911 Turbo Coupe:
36 months
10,000 miles
56%
911 Turbo S Coupe:
24 months
10,000 miles
60%
911 Turbo S Coupe:
36 months
10,000 miles
53%
Add 1% for 7500 miles and 2% for 5000 miles for the ultra low mile programs. $3200 a month is the typical lease deal for 24 months, $2700 a month for 36 months.....
__________________
Brett Payne
brett.payne@sonnenporsche.com
415-380-8000 ext 7823 Direct
www.sonnenporsche.com
My own $157,000 MSRP 2002 X-50 Turbo was traded in for my C2S Coupe in 2012 for $33K w/47K Mi
and my $127,000 991 C2S yielded only $91 K on a recent trade-in on my GT3 Order. Ugly!!!
Other "megabuck" sports cars selling at high prices have similarly ugly depreciation schedules -
But you can always beat the game by simply not selling, as a collector friend of mine learned long ago.
these are the residual Turbo Lease Values posted by a Porsche Dealer:
911 Turbo Coupe:
24 months
10,000 miles
63%
911 Turbo Coupe:
36 months
10,000 miles
56%
911 Turbo S Coupe:
24 months
10,000 miles
60%
911 Turbo S Coupe:
36 months
10,000 miles
53%
Add 1% for 7500 miles and 2% for 5000 miles for the ultra low mile programs. $3200 a month is the typical lease deal for 24 months, $2700 a month for 36 months.....
__________________
Brett Payne
brett.payne@sonnenporsche.com
415-380-8000 ext 7823 Direct
www.sonnenporsche.com
My own $157,000 MSRP 2002 X-50 Turbo was traded in for my C2S Coupe in 2012 for $33K w/47K Mi
and my $127,000 991 C2S yielded only $91 K on a recent trade-in on my GT3 Order. Ugly!!!
Other "megabuck" sports cars selling at high prices have similarly ugly depreciation schedules -
But you can always beat the game by simply not selling, as a collector friend of mine learned long ago.
"911 Turbo S Coupe:
36 months
10,000 miles
53%"
This must be a joke or? 53% residual value after three years? I cant believe that ..its even a lot worse then I expected.
But you can always beat the game by simply not selling, as a collector friend of mine learned long ago
With that I can only fully agree....my father followed this logic...and in 30 years he made huge profit margins - theoretical ones - as we didnt sell anything so far. He only bought cars and never sold one. In fact his mistake was not to have bought more..
However, the question is whether the current 991 models will ever be "collector cars"..Im quite sure they wont..simply because there are too much electronics in the car..but lets see. Maybe Im wrong and in 20 years you will come back to me "you should have bought that turbo at 53% residiual value ..at that time".
#67
GT3 player par excellence
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#72
Rennlist Member
Track car depreciation
The more off-track excursions, the more overrevs from bad downshifts (hopefully not possible with PDK), the more track days and the more track mods (wheels, brakes, seats, roll bars) will certainly accelerate the depreciation curve of a non-track car. Ironically, there are probably some better kept/maintained track cars than some street cars (but for cosmetic items)....... so if you are track junkie, there are some good deals out there for tracked cars....
#73
#74
GT3 player par excellence
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^ i had a $295000 offer. but $325 will tempt me.
4000 miles
never tracked
all stock
i take cash wires
available immediately
i dont like to answer too many questions. just like cash
4000 miles
never tracked
all stock
i take cash wires
available immediately
i dont like to answer too many questions. just like cash