991 Turbo S - Confusing Purchase
#31
#33
I care less about depreciation and more about being able to get rid of the car when I want to. $100,000 off msrp means nothing if you can't sell the car when the thrill's gone. Resale market for that car is unique. Any Porsche made can be unloaded at a fair price whenever you choose.
#34
I'm relatively new to the forum, to reinforce resale and being able to unload the car, I once had a Ferrari 456GT. Great car by all measures...took over 18 months to sell it, my opinion is the same will be true for the FF, great car but takes a very unique buyer willing to drop the money for a Ferrari 4-seater. By comparison, I just sold my Modena 360, never advertised, just mentioned I might be willing to sell in FerrariChat, three people called within 72 hours, two came to see the car and two offers in less than a week. Now I have a 2014 991 Turbo on order, hopefully when time comes to sell, I'll have the same luck as I did with the 360.
MB
MB
#35
OP's point is valid, that the TTS is now overpriced. That is largely because they load it with a bunch of options that many may not want. Both TT and TTS should be offered in base form, with their different hp, and consumers should decide which options they want. While TTS is overpriced, TT is reasonably priced.
Agree with others that both panamera and FF are ugly, could not get either. F12 seems a better option, or GT3 if getting a porsche.
Agree with others that both panamera and FF are ugly, could not get either. F12 seems a better option, or GT3 if getting a porsche.
#36
Disagree that TTS is overpriced relative to TT. I'd argue that the smart money buys the TTS. The added features and power are not only worth the $20k, but when it comes to resale which car do you think will be the most desirable? People will always want the Mac Daddy of the model line. $20k is a lot of money but if you can afford $160k you can afford $180k, especially when that premium supports resale of the whole car. The real key is staying away from the insane options list and procuring a fair concession off msrp from your dealer.
#37
Disagree that TTS is overpriced relative to TT. I'd argue that the smart money buys the TTS. The added features and power are not only worth the $20k, but when it comes to resale which car do you think will be the most desirable? People will always want the Mac Daddy of the model line. $20k is a lot of money but if you can afford $160k you can afford $180k, especially when that premium supports resale of the whole car. The real key is staying away from the insane options list and procuring a fair concession off msrp from your dealer.
#38
Disagree that TTS is overpriced relative to TT. I'd argue that the smart money buys the TTS. The added features and power are not only worth the $20k, but when it comes to resale which car do you think will be the most desirable? People will always want the Mac Daddy of the model line. $20k is a lot of money but if you can afford $160k you can afford $180k, especially when that premium supports resale of the whole car. The real key is staying away from the insane options list and procuring a fair concession off msrp from your dealer.
Want anther example, compare the AMG SL63 with the MB SL550 - I have a 2013 SL550, $40K difference in price, yet with an ECU upgrade I get the same HP, same chassis, body, interior and one less suspension setting. Just look at resale, AMG's drop like rocks in the first few years and after 5 years the price delta is just a few $K.
MB
#39
Rennlist Member
+1 The lower residuals through PFS on the TTS vs the TT corroborate this. I would also say the secondary market is probably more likely to track the car, making the CL and PCCBs much more expensive to that buyer in the long run.
Time will tell whether the simultaneous release of the TT and TTS was a wise move on Porsche's part.
Time will tell whether the simultaneous release of the TT and TTS was a wise move on Porsche's part.
I disagree you get very little extra $$ on resale for having a TTS, because the next buyer is in the next strata of income and likely stretching to get into the car, otherwise they would just by new. The TT will attract more buyers on the secondary market and the CCB, suspension benefits will not have the premium you might think. And yes, I can afford a fully loaded TTS, but I chose TT because CCB, center hub wheels and chassis control were not important to me - I don't track or race the car. As far as the extra HP/Tq, for less the $1,500 I can change (flash) the ECU, add 100HP and 85/Tq.
Want anther example, compare the AMG SL63 with the MB SL550 - I have a 2013 SL550, $40K difference in price, yet with an ECU upgrade I get the same HP, same chassis, body, interior and one less suspension setting. Just look at resale, AMG's drop like rocks in the first few years and after 5 years the price delta is just a few $K.
MB
Want anther example, compare the AMG SL63 with the MB SL550 - I have a 2013 SL550, $40K difference in price, yet with an ECU upgrade I get the same HP, same chassis, body, interior and one less suspension setting. Just look at resale, AMG's drop like rocks in the first few years and after 5 years the price delta is just a few $K.
MB
#40
I agree that the TT may be more desirable for the secondary buyer who wants to track the car owing to the ceramics and the CLs. That said, i rarely see turbos at the track but see lot of GT3s so I think there are limited buyers who seek that configuration for track purposes.
My experience with high end cars is that modifications narrow the number of potential buyers and in many cases mods erode as opposed to add value to a car. So, the notion that you can add parts to add more value than the factory installed options doesn't resonate with me.
Also, I get the logic but disagree that a non AMG SL vs an AMG SL is a relevant comparison for TT v TTS. In my experience an AMG and a base MB buyer are very different. I don't see why you wouldn't compare the 997 TT vs the 997 TTS. I did an online search looking at 2012 cars and found an average resale value of the TT at $116,235 and the TTS at $135,410 (see motortrend's site). They are both at 84% of the base msrp for those cars. Seems to suggest that the cars depreciate at the same pace.
My experience with high end cars is that modifications narrow the number of potential buyers and in many cases mods erode as opposed to add value to a car. So, the notion that you can add parts to add more value than the factory installed options doesn't resonate with me.
Also, I get the logic but disagree that a non AMG SL vs an AMG SL is a relevant comparison for TT v TTS. In my experience an AMG and a base MB buyer are very different. I don't see why you wouldn't compare the 997 TT vs the 997 TTS. I did an online search looking at 2012 cars and found an average resale value of the TT at $116,235 and the TTS at $135,410 (see motortrend's site). They are both at 84% of the base msrp for those cars. Seems to suggest that the cars depreciate at the same pace.
#41
I think they will depreciate at about the same rate. I can afford a TTS I just didn't see the point.
#42