When Will 991.1 Turbo be around $100k?
#16
The latest 2014 Turbo S sales at the auction- of course I don't know options but these are lower mile cars.
11/05/15 RIVRSIDE Lease $140,000 6,089 Avg WHITE 6GT A Yes
11/05/15 RIVRSIDE Regular $131,500 12,149 Below BLUE 6GT A Yes
11/12/15 RIVRSIDE Lease $135,000 12,554 Avg SILVER 6CY A Yes
© 2015 Manheim. All rights reserved.
11/05/15 RIVRSIDE Lease $140,000 6,089 Avg WHITE 6GT A Yes
11/05/15 RIVRSIDE Regular $131,500 12,149 Below BLUE 6GT A Yes
11/12/15 RIVRSIDE Lease $135,000 12,554 Avg SILVER 6CY A Yes
© 2015 Manheim. All rights reserved.
#17
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I think the fact that the 997 TTS from 2011 is just now getting to $100k range from an authorized dealer should be an indication that you are looking at around 2020 for a $100k 991 TTS, since 991TTS's were originally about $20k more than the 997.
Personally, I had a 997TTS and it was truly a fantastic car, too. You might be better off to get one of those now and drive it for a few years, because it's done a lot of it's depreciation already. In 3-4 years, it will still be an $80k car that you can dump out of and get a 991.
Personally, I had a 997TTS and it was truly a fantastic car, too. You might be better off to get one of those now and drive it for a few years, because it's done a lot of it's depreciation already. In 3-4 years, it will still be an $80k car that you can dump out of and get a 991.
#18
RL Community Team
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Also, I think that there were more 991 TT/TTS produced than 997 TT/TTS.
#19
#20
997tt.1 prices (manual and tip) remain to fall in accordance with age and mileage. I've noticed certain private sellers putting unrealistic prices on their 997's thinking someone will be dumb enough to pay over the odds for old technology, but evidently no one is buying the fantasy and those cars remain unsold month in month out. The only 997's selling in a timely fashion are gen 2 dealer cars which have been sensibly priced or the .1 997 GT cars. The gen 2 997tts definitely achieve a higher price and are clearly of more attraction than gen 1...no question there.
991tt's on the other hand appear to be selling for (what appears to be) not a great deal less than new, probably due to the strong demand and limited availability of both new and used stock. That may change when .2 is released but again the prices are higher for the new gen 2 so that if anything should help 9991.1 in being more affordable to those shifting out of earlier 911 cars or other buyers seeking to enter the 911 fray with less dollars to spend.
#21
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#22
...well it most certainly hasn't slowed sales and therefore is hardly likely to affect resale values. Needless to add those buyers who have moved on have embraced the new technology recognizing the distinct (and hard to miss) benefits and aren't looking back. Again just look at gen 2 997tt pdk as further proof there. So, how can anyone seriously argue that? I think the reality is 100K won't be seen for 3 to 4 years unless a given car is of high mileage, poor condition/history and/or is of the wrong color combo/poor options or, all of the above etc.
#23
Burning Brakes
Only you can decide what a few years of joy in your life is worth.
#24
I think the fact that the 997 TTS from 2011 is just now getting to $100k range from an authorized dealer should be an indication that you are looking at around 2020 for a $100k 991 TTS, since 991TTS's were originally about $20k more than the 997.
Personally, I had a 997TTS and it was truly a fantastic car, too. You might be better off to get one of those now and drive it for a few years, because it's done a lot of it's depreciation already. In 3-4 years, it will still be an $80k car that you can dump out of and get a 991.
Personally, I had a 997TTS and it was truly a fantastic car, too. You might be better off to get one of those now and drive it for a few years, because it's done a lot of it's depreciation already. In 3-4 years, it will still be an $80k car that you can dump out of and get a 991.
#25
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Good 997.2 Turbos are around $100k
You will need to wait until the 991.1TT is around the same age delta. 4-5 years old.
Get yourself a 997.1TT or 997.2TT. Prices are fair and deprecation is low while you wait.
And if you are a manual guy, it is a no brainer.
You will need to wait until the 991.1TT is around the same age delta. 4-5 years old.
Get yourself a 997.1TT or 997.2TT. Prices are fair and deprecation is low while you wait.
And if you are a manual guy, it is a no brainer.
#26
I'm surprised people liken the 991 and the 997.2 as much as they do. I believe the 991 will depreciate more slowly than the 997.
For me, the 997 TTS was a non-starter. I found the ride to be *much* less compliant than any number of very fast cars I've had over the years. The acceleration was phenomenal, but I also found the interior of the 997 TTS to be far less "my thing".
Don't just take it from me. At a major Fortune 500 company where I worked for many years, there was two 997 TT and a 997 GT2 RS. At the time when I left four months ago, there were 7 991 TTS's and *countless* NA 991s in the parking lot.
The accessibility and integration of the 991 Turbos will mean they are far more desirable on the open market than the 997 Turbos. We are Porsche people and place a pretty strong value on the 997.2 cars, but I don't think the public outside of this community does.
For me, the 997 TTS was a non-starter. I found the ride to be *much* less compliant than any number of very fast cars I've had over the years. The acceleration was phenomenal, but I also found the interior of the 997 TTS to be far less "my thing".
Don't just take it from me. At a major Fortune 500 company where I worked for many years, there was two 997 TT and a 997 GT2 RS. At the time when I left four months ago, there were 7 991 TTS's and *countless* NA 991s in the parking lot.
The accessibility and integration of the 991 Turbos will mean they are far more desirable on the open market than the 997 Turbos. We are Porsche people and place a pretty strong value on the 997.2 cars, but I don't think the public outside of this community does.
#27
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I think it will be in the low 100's sooner than most people think.
Here is one from my local dealer for $127,000
http://www.porschewestlake.com/certi...d40a2f0383.htm
Here is one from my local dealer for $127,000
http://www.porschewestlake.com/certi...d40a2f0383.htm
#28
Being a "manual guy all my life", after stepping to the 991tts pdk I would never consider a manual Turbo P car again. Maybe its different in the 997 pdk platform but 991 is light years ahead and once you own one, only then you will realize it. It's easy to see why 991tt will likely depreciate at a lesser rate than any 997tt/s.
I would however agree that if you only have 100K then the 997tts is an option. I would take a 997tts, even a 997tt pdk over a manual 997tt.1 any day, but if I had the scratch for a 991tt then the other two wouldn't even be a consideration.
#29
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Not at all.
Being a "manual guy all my life", after stepping to the 991TTS pdk I would never consider a manual Turbo P car again. Maybe its different in the 997 pdk platform but 991 is light years ahead and once you own one, only then you will realize it. It's easy to see why 991tt will likely depreciate at a lesser rate than any 997tt/s.
I would however agree that if you only have 100K then the 997tts is an option. I would take a 997tts, even a 997tt pdk over a manual 997tt.1 any day, but if I had the scratch for a 991tt then the other two wouldn't even be a consideration.
Being a "manual guy all my life", after stepping to the 991TTS pdk I would never consider a manual Turbo P car again. Maybe its different in the 997 pdk platform but 991 is light years ahead and once you own one, only then you will realize it. It's easy to see why 991tt will likely depreciate at a lesser rate than any 997tt/s.
I would however agree that if you only have 100K then the 997tts is an option. I would take a 997tts, even a 997tt pdk over a manual 997tt.1 any day, but if I had the scratch for a 991tt then the other two wouldn't even be a consideration.
Dont get me wrong, I love PDK.
It is fun, more efficient and so much more user friendly in the city.
I cant see myself ever buying a new Porsche that dosnt have PDK. It is that good.
Even my new race car is PDK!
But that being said, the 991TT will depreciate at a faster rate then the 997TT IMO.
The 997TT has the last of the manual transmission, short wheel base and hydraulic steering. Currently "dated" when compare to the 991TT, but in 10 years and beyond, put the two of them side by side in a garage as a secondary toy/classic vehicle for short joy rides and more then likely the 997TT will always win the selection because the typical weekend warrior enjoys the analog driving experience.
Realistically, in 10 years the 991TT will have continued to evolve to become better and better thus making anything about the 991.1TT of today less interesting and and considered dated with no real significance to stand out (unless everything goes electric in 10 years).....
Wheras the 997TT will still be a small, basic, manual transmission turbo 911 experience only rivalled by the 930, 964 and 993.
I think the 991.1TT will go the way of the 997.2TTS in deprecation scale.
The 991.2TT wont have too much affect on the 991.1TT depreciation, but a whole new body style after the .2 will.
#30
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Prices here on the 991tt's have held up exceptionally well! So the no manual phobia or the love of old technology preached by 997 owners has shown zero effect here.
997tt.1 prices (manual and tip) remain to fall in accordance with age and mileage. I've noticed certain private sellers putting unrealistic prices on their 997's thinking someone will be dumb enough to pay over the odds for old technology, but evidently no one is buying the fantasy and those cars remain unsold month in month out. The only 997's selling in a timely fashion are gen 2 dealer cars which have been sensibly priced or the .1 997 GT cars. The gen 2 997tts definitely achieve a higher price and are clearly of more attraction than gen 1...no question there.
991tt's on the other hand appear to be selling for (what appears to be) not a great deal less than new, probably due to the strong demand and limited availability of both new and used stock. That may change when .2 is released but again the prices are higher for the new gen 2 so that if anything should help 9991.1 in being more affordable to those shifting out of earlier 911 cars or other buyers seeking to enter the 911 fray with less dollars to spend.
997tt.1 prices (manual and tip) remain to fall in accordance with age and mileage. I've noticed certain private sellers putting unrealistic prices on their 997's thinking someone will be dumb enough to pay over the odds for old technology, but evidently no one is buying the fantasy and those cars remain unsold month in month out. The only 997's selling in a timely fashion are gen 2 dealer cars which have been sensibly priced or the .1 997 GT cars. The gen 2 997tts definitely achieve a higher price and are clearly of more attraction than gen 1...no question there.
991tt's on the other hand appear to be selling for (what appears to be) not a great deal less than new, probably due to the strong demand and limited availability of both new and used stock. That may change when .2 is released but again the prices are higher for the new gen 2 so that if anything should help 9991.1 in being more affordable to those shifting out of earlier 911 cars or other buyers seeking to enter the 911 fray with less dollars to spend.