991 TTS value
#76
Rennlist Member
Buy a GT3. You won't look back.
As I said before, the Turbo is the WORST Porsche car to buy if you are expecting it to keep its value. Drive it and enjoy it! I have 8k miles on mine and it's not even 4 months old. Such a great daily driver.
As I said before, the Turbo is the WORST Porsche car to buy if you are expecting it to keep its value. Drive it and enjoy it! I have 8k miles on mine and it's not even 4 months old. Such a great daily driver.
#77
Cannot imagine what my Turbo will be worth in 4 years? Prob $85K.
I took a bath on my 997 TT with 8,200 on the trade-in too.
Time to think about buying cherry picked 964s or 993s in the future. I am getting fleaced buying these new cars. I think this will be my last new P Car.
I took a bath on my 997 TT with 8,200 on the trade-in too.
Time to think about buying cherry picked 964s or 993s in the future. I am getting fleaced buying these new cars. I think this will be my last new P Car.
#78
Racer
This past Saturday I was invited to view a private car collection. I was awestruck by the car below.
I bet if I purchased something like this, guessing $250k to $300K and drove it <3.000 miles a year I would not lose a dime.
This car maybe a 70-73 911 was nicer than my 2014 TTS. Amazing and I was in lust.
I just may get into some like this and forgo the huge depreciation.
In person it is more stunning. Not one wear sighting, brand new.
I bet if I purchased something like this, guessing $250k to $300K and drove it <3.000 miles a year I would not lose a dime.
This car maybe a 70-73 911 was nicer than my 2014 TTS. Amazing and I was in lust.
I just may get into some like this and forgo the huge depreciation.
In person it is more stunning. Not one wear sighting, brand new.
#79
Nordschleife Master
1- writing a check for your Porsche when money is, near as makes no difference, free, right now, is just silly. You can put the money in a simple savings account and still out perform the 2% or less interest rates right now on a new car.
2- my experience with air cooled porsches like the green one shown above is that its very hard to lose money. i think that you are on the right track that you can buy cars like that, drive them, and never lose a penny. I sold my 66 912 for double what I paid for it. I did nothing to it, and put 5k miles on it. One of many stupid decisions to sell, I was the 2nd owner. It was 100% original and rust free. It went back to Germany. Buying a new Porsche, you just have to assume a "stupid" tax, a loss of approximately 10-20% of value, price to pay for being the first to drive and for that smell :-)
2- my experience with air cooled porsches like the green one shown above is that its very hard to lose money. i think that you are on the right track that you can buy cars like that, drive them, and never lose a penny. I sold my 66 912 for double what I paid for it. I did nothing to it, and put 5k miles on it. One of many stupid decisions to sell, I was the 2nd owner. It was 100% original and rust free. It went back to Germany. Buying a new Porsche, you just have to assume a "stupid" tax, a loss of approximately 10-20% of value, price to pay for being the first to drive and for that smell :-)
#81
Nordschleife Master
maybe, hard to say, i suspect no, has a lot to do with supply/demand... you don't have to go back to 60s porsches to see values hold, look at 993 turbos or wide body cars, or 996/997 gt cars... i think its a supply/demand and specialness, thing...
#82
You may well be right but who wants to buy one just to keep it in a garage for 50 years to find out? I know a few guys who are bubble-wrapping their GT3s, hoping the car will be a payoff as an investment down the line. Seems silly to me but to each his own. I have better ways to invest my money. I buy cars to drive them.
#83
Instructor
My point is there are two ways to look at the car: as a collectors item or for driving pleasure. If I buy that beautiful pristine 66 911, I probably won't drive it much. I put on over 14k in the year I've owned the 991 tts. Sports cars are meant to be driven - hard.
#84
Racer
I drive mine (since I am retired) for pleasure rides at no more than 3,000 miles a year. Will think hard next time about sinking $200K+ into a pristine 993 Turbo vs some new 991, 992, etc iteration. For the past 25 years buying Porsches (and R8) I have taken all the depreciation beating I can accept, thats it for me.
Some of the 993 Turbos are beautiful. And I think they have growth potential. I wont be around in 50 years to see a 991 appreciate. I do not want to make money on a car purchase but do not like getting fleased everytime I buy a nice car so 993 or maybe 964 will be vetted next time out for purchase but a flawless example equal to the $$$s I would pay for a Turbo S equivalent. I know I will lose a lot less doing it this way.
Some of the 993 Turbos are beautiful. And I think they have growth potential. I wont be around in 50 years to see a 991 appreciate. I do not want to make money on a car purchase but do not like getting fleased everytime I buy a nice car so 993 or maybe 964 will be vetted next time out for purchase but a flawless example equal to the $$$s I would pay for a Turbo S equivalent. I know I will lose a lot less doing it this way.