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1997 Turbo S

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Old Feb 22, 2002 | 04:34 PM
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Post 1997 Turbo S

Does anyone know the value of a 1997 turbo S with less than 10,000 miles? The car is Grand Prix white. Thanks, Mike W
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Old Feb 22, 2002 | 05:25 PM
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Once again...it is the willing buyer and willing seller, and what they will agree to. Consider that a standard 993TT is going from $80,000 to $100,000 (Wow, has this car held its value!), and the fact that the Turbo S is a limited production car, the only way to tell what it is worth other than making an offer, is to check the Porsche Market Newsletter, and do a national ad search. IMHO, you'll pay a hefty premium for this car...probably $30,000, or more, based on the low mileage.

Make an offer...if you are refused, try again until you put a deal together. Once again...it is the willing buyer and willing seller will agree to. Good luck getting your hands on this special car. <img src="graemlins/xyxwave.gif" border="0" alt="[bigbye]" />
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Old Feb 22, 2002 | 06:00 PM
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Are you more interested in its exclusivitity or performance?

If performance, you can easily build a 993TT to have better performance for less. An extra $30 K is a lot to play with.

Jeff
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Old Feb 22, 2002 | 06:07 PM
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Hey Mike..

Depending on the condition of the car, it's worth between $107,000 and $113,000.

You have to figure, if the car was traded in, the PO would get between $94,000 and $99,000. (I would say closer to $94,000)

So, if you can pick it up for $107,000 from a dealership they've made some nice money and you got a really nice car..

btw, that should include a certification and warranty.

Hope this helps..

B-line..

also, I don't know why this is... But I have been told by a few different dealers, White porsches don't hold the same value as a black, silver, or red car. Unless you love white (which I do...) you might have a hard time turning the car over in the future. I can't explain why. But I can say that I have heard this from multiple sources..
I guess the demand for a white Pcar is much lower than the other colors.
Good Luck with it...
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Old Feb 22, 2002 | 06:32 PM
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[quote]Originally posted by B-Line:
<strong>I guess the demand for a white Pcar is much lower than the other colors.
</strong><hr></blockquote>


White Porsches are the best. It gives you lots of options for graphics when you finally turn the car into the race car it was born to be.

<img src="graemlins/burnout.gif" border="0" alt="[burnout]" />
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Old Feb 22, 2002 | 06:53 PM
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B-Line.... You said

"Depending on the condition of the car, it's worth between $107,000 and $113,000."

A 1997 Turbo S brings in between $135,000 to $155,000. Their prices have not dropped like the standard Twin Turbos. Here are a couple of ads I found in less than 1 minute.


1997 993 TwinTurbo “S” Coupe 6000 miles $135,500 One of 162 993 Turbo S in the USA. One of two Cobalt Blue Metallic cars produced for USA.. 424 HP ... more
Color: Blue
6000 miles, $139500


1997 Porsche Turbo S: Carbon Fiber,Sport seats, Alum.PKG, White Face Dials, Full Areo Kit w/Wing, Prem.Sound System, Xenon Lights, CD Player, ... more
Color: Black
3000 miles, $135000

Rick
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Old Feb 22, 2002 | 08:33 PM
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Mike,
Is the car you are referring to White w/ cashmere and in FL. I am curious if it is the same I am inquiring about.
Email me abouut it if you would like to chat.

--- Yeah... 'white' is the best.

Carmen
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Old Feb 22, 2002 | 11:04 PM
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Remember what Dr. Ferry said, "all Porsche's should be silver."
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Old Feb 22, 2002 | 11:52 PM
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[quote]Originally posted by B-Line:
<strong>Hey Mike.. Depending on the condition of the car, it's worth between $107,000 and $113,000.

You have to figure, if the car was traded in, the PO would get between $94,000 and $99,000. (I would say closer to $94,000)</strong><hr></blockquote>

Seth,

That seems like an incredibly narrow and specific price range, and low to my eye (and evidently Rick's as well). There's only about 180 - 200 of these puppies running around, and they do represent the pinnacle of the air-cooled 911 engineering saga.

If I might be so bold, you have exhibited exceptionally strong feelings about your ability to precisely gauge the market values of these cars ever since arriving on the Rennlist scene. Got access to some special data, or do these numbers simply come to you in the night? <img src="graemlins/oops.gif" border="0" alt="[oops]" />
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Old Feb 23, 2002 | 12:13 AM
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'bout time someone said something to that boy... way to go Anir!
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Old Feb 23, 2002 | 12:19 AM
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Anir,

I've closely watched the pricing on the '97 TurboS for several years. They held in the 150's up to about 6 months ago when they started to edge down a little.

I found about 6 of them on the duPont registry with one at 120, several at 139 and one at 149. Throw out the highest and lowest one and it's averaging around 139.

Rick
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Old Feb 23, 2002 | 01:52 AM
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[quote]Originally posted by B-Line:
<strong>I don't know why this is... But I have been told by a few different dealers, White porsches don't hold the same value as a black, silver, or red car. Unless you love white (which I do...) you might have a hard time turning the car over in the future. I can't explain why. But I can say that I have heard this from multiple sources..
I guess the demand for a white Pcar is much lower than the other colors.</strong><hr></blockquote>

Count me in the group of white P car lovers. Especially with black trim and interior.

I think the "knock" on white cars is more a UK thing than a US thing. I've read in mags like 911 & Porsche World that you can take $5k off the price of a 993 if it is white. White is unpopular over there.
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Old Feb 23, 2002 | 02:33 AM
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Mike:

A friend paid about $138K for a Glacier White/Black, Sport Seats, full carbon etc... 4,000 mile Turbo S about a year ago.

A local independent dealer (TruSpeed I think) has been trying to sell a TS for around $125K. I think the stats are: Metallic grey/red, carbon, 19" HRE's, low miles. I have personally sat in the car, nice. A few MINOR front rock/bug marks.

IMO, Glacier White may be more desirable because of it's "true" blue/white appearance, but GP is "old school" cool.

My fellow porschephiles always say that we have never seen a turbo we wouldn't own. Primer to Watercolors that's our favorite color if it's in our garage. <img src="graemlins/bigok.gif" border="0" alt="[thumbsup]" />

Good Luck,

Tom
97C2S
02C4Cab
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Old Feb 23, 2002 | 12:56 PM
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on no...

Here we go again...

The way I estimate prices is fairly simple and it is my pleasure to clue you in on how I calculate the numbers.
Although the Turbo S is a fairly rare car, persons who own the car often trade them in. I guess when you own a car worth that much, some people might not care to get top dollar for the car, they just want the new thing and they bring their car back to the dealer.
Several Turbo S owners have evidently traded in their cars otherwise I wouldn't have these numbers btw..
Now if you owned a Turbo S and brought it to a dealership, you would get 94k or upwards of, based on black book value.
Even though finding a authroized dealer who might have one is difficult, I am sure with some patience and leg work it could be done.
The prices I have continued to list in the past are based on current trade in values from black book.
Don't believe me, that's ok.... Would it take some leg work to find that car at that price, probably.. Could it be done.. I think so..

No, I am not an exotic car salesman. I'm just a guy who likes to get a good deal. And although you might not believe or respect my numbers, the only evidence I have to support my claim is:
You all thought I was crazy when I posted what the value of a 993 C2S/C4S (based on my research.)
Yet today, 3 months or so later, I am sitting in a beautifully clean, extremely well optioned, with warranty, Pcar. Sport seats, aero kit, limited slip, etc. etc. And I paid for the car, the exact numbers that made you all say I was crazy.

So sorry if I have offended you... But don't shoot the messanger..
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Old Feb 23, 2002 | 01:00 PM
  #15  
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Trade-inPrivate Party Dealer Retail


Base Price $92,276 $98,095 $105,208

Optional Equipment $0 $0 $0

Color Adjustment $1,141 $1,213 $1,301

Regional Adjustment $0 $0 $0

Mileage Adjustment $1,332 $1,332 $1,332

Condition Adjustment $4,479 $4,379 $4,813

Total $99,228 $105,019 $112,654

and this is based on a car in showroom/outstanding condition..... I have found that most cars fall into the "clean condition"
with minor rock chips etc. So, 94k for a clean car is book value..
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