Dr Chill

Not sure why you say $80k depreciation hit for 3 yr old Turbo S when you just bought a 2 yr old for $34k under MSRP and original purchase prices probably average 4-5% off. I just looked up Manheim results for 2016 Turbo S coupes with 10,000 miles and the average wholesale auction result was $150k. The 2016 had an original MSRP $182,700-assume $17k of options and 5% discount, that brings original purchase price to $190k. I think $40,000 depreciation on a 3 yr old car is pretty good. Considering I couldn't get a new GT3 at less than $25,000 over MSRP, I suspect the depreciation of that car for me would have been the same $40,000 over 3 years and 10,000 miles. Maybe next go-round my dealer will offer me one without ADM.

Thank being said, your new car is gorgeous. Use it well.

Georgemaser

hcvone

I looked at the GT3 RS, but bought a tts instead, just easier to drive fast for my needs, love the all wheel drive, the ONE thing I liked about the GT3 RS better, is how good they hold their value compered to the tts.

abiazis

Thanks for your info. In Atlanta I have seen 2015 TTS cars listed for 129k selling for 120-125k - know of 3 that were in that range with mileage in the mid 20,000.

I wanted the freshened Car with the 580hp and other things and got lucky a 2017 came up locally in my spec.

I figured 205k minus 120k purchase to approximate 80k depreciation in 3 years - 2015 to 2018.

My original plan was that my GT3 would hold value 2-3 years and I could buy a GOOD 2017 TTS for about 130 or 140k in 2020...

This one literally fell in my lap so I pulled trigger on exceptional car earlier than planned...the depreciation hit on this Car from list was already after one year 35-40k.....

I also know of a nice 17 at Jim Ellis Porsche in Atlanta for 176 that would sell for less......14.5K miles....

CrazyFast

2fcknfst

The Turbo (s) has evolved, and aged, with its target demographic since 1975; now the buyers are getting on in age, and they don't want the noise and agro associated with a 930, GT3, GT2 etc...

I bought my 996tt from exactly that kind of guy - one owner, has been using the brand (and model) since the early 80s and has never driven anything but a Turbo; and I follow the 991 board because I will have first crack at the 991TS when the owner cannot get in or out of it anymore - he is 75...

I have had the good fortune of being able to drive the 996, 991 and a GT3 back to back - I think the GT3 was born from the idea that although the Turbo clientele were getting older, there was still a cross section of customers that wanted that 'pure' driving feel. I found the 996 most certainly has a more 'connected' feel than the current 991.2, however, is a bit 'soft' when compared to the 996. I find the 991 a bit 'distant', despite being the quickest non modified road car I have ever driven; and I want that for road trips when it comes to chewing through lots of miles, but not for 'spirited' driving. Porsche has really hit the nail on the head on how they market these sub models within their overall 911 offerings.

I think the only thing the 991.2 Turbo S is missing is a manual - because, even though it is blindingly quick, sometime you just want to 'feel it' rather than 'destroy it'... This is where the GT3 shines.

Dr Chill

Only thing is that you are one year behind already. 2019 cars are on the lots, so a 2015 is 4 yrs old, a 2017 is 2 yrs old, as far as model year goes. Actual chronologic age, however, starts at the in service date. The in service date for the 2017 Turbo S at Jim Ellis with 14K miles is 5/5/16 making this car 2 yrs and 4 months old. It is not a high option car, and if it sells for $170k, That's less than $30,000 depreciation in 2 1/2 yrs.

My only point is, these cars hold their values fairly well if they are kept in mint condition with low mileage.

abiazis

Great news based on your analysis. It is nice to know that my 17, that was put in service in June 2017, if I keep the miles low, will hold its value much better than projected. Value was not the main concern with my ownership, as I traded a new GT3 that will hold its MSRP value for at least a few years, but always a consideration.

Knowing that my 17 TTS was essentially the same car as the 18s and 19s helped me with my decision for trading the GT3 for a more versatile use car, but depreciation will continue when the new 2020 car comes out.

I was recently advised that the 17-19 cars were produced in less abundance than the 5th generation 14/15s, which may help with 6th generation values versus the observed 14/15s depreciation curve.

As you state, I totally agree with the long term observation and accurate statement that desired Porsche 911s with lower than average miles always maintain their value.

My 993 with a not so low 64,500 miles, in my estimation, would be worth about $10K more if it had half the mileage.

worf928

abiazis

Obviously, I already chose the fun memories) I drove the car as a daily for 4 years, with snow tires in the wintertime in NJ/Maryland/NC and it performed like a champ.......But if I could have both that would be a bonus)

worf928

abiazis

TMI, but brings to mind some crazy memories in cars............Having that sex in the car at 100mph hits the bucket list....or driving over the Clearwater to Tampa bridge with an obstruction on your lap......can't take these cars with you, keep miles down or build the car for the next guy or girl.........experiences are what count like owning a 1962 Renault Dauphine with a rear engine configuration and a front grill crank starter as an option...........)))))))

Randyc151

No GT3 can do this, and let me know if you think it's boring...

https://youtu.be/Zzd9DW-RTSc

worf928

nolimits

Video says it all, no debate.