Sean

I thought this article was amusing. According to the Automotive Lease Guide Depreciation Ratings, the Porsche 911 GT2 and the Honda Odyssey each get a "five star" depreciation rating, holding their value longer than most cars. Not too often you see these two mentioned together...

CNN MONEY DEPRECIATION ARTICLE

5 Stars
HONDA ACCORD
ACURA NSX
ACURA RL
GMC YUKON
HONDA ODYSSEY
INFINITI G35
LEXUS ES330
LEXUS GS300
LEXUS GS430
LEXUS GX470
LEXUS RX330
LEXUS SC430
MERCEDES-BENZ CLK
MINI COOPER
NISSAN FRONTIER
PORSCHE 911 GT2
TACOMA PICKUP
TOYOTA 4RUNNER
TOYOTA CELICA
TOYOTA RAV4
TOYOTA SEQUOIA
TOYOTA TUNDRA
VOLVO C70 SERIES
VOLVO S60 SERIES
VOLVO V40
VOLVO V70 SERIES

Steve N.

What a joke - I don't know beans about the Odyssey, but I pretty much know the deal for GT2's - maybe $30k ouch for the first year, if you are lucky. That would buy a few Odysseys.

GT2 is a great car, but U.S. owners have been pretty much screwed by PCNA. The fact that they did not allow the first GT3 into the market, then made the car available after selling GT2's for about $190k, hurt the resale value of the GT2, in my opinion.

CodeRed

I'm not sure I agree. The GT2 and GT3 are both great cars in there own right, but they are also very different. I think that they will both fare quite well in comparison the Turbo. Porsche really over produced them to the point that the market is saturated.

Steve N.

CodeRed: Not sure what the point of disagreement is. The 996 TT's have indeed depreciated - I know, I owned two of them - both bought new, and sold with 3 to 4k miles each. (Watt is not the only nut lurking around this board.) Furthermore, economic recession, etc. worked its toll on all higher end cars. Perhaps the hit to a GT2 purchaser was equal to that of a highly optioned TT, on a % basis. Absolute $, the GT2 buyer lost a lot more. I do believe the PCNA decision to bring the GT3 to the U.S. market late in the game (at pricing which is very attractive relative to the GT2) hurt the resale of the GT2 - do you disagree?

MetalSolid

GT2 prices will bounce; Turbo prices are gonna buy the farm.

Steve N.

MetalSolid: I think you are probably right that GT2 values are likely to firm. And I probably wasn't very clear in my response to CodeRed - I do agree that the sheer number of TT's which Porsche cranked out will hurt resale over the long haul. To me, cranking cars out is not quite as bothersome as seemingly capricious decisions as to when/if the U.S. market will see certain models sold elsewhere.

skl

The title of this thread attracted my attention- I was debating myself between a Pontiac Aztek or a GT3... tough choice...

Sean

The article also lists some "1 star" vehicles, with depreciation rates in the bottom 10 percent.

This is helpful info. If you are trying to decide between a GT2 and say, a Kia Spectra or Chevrolet Astro Cargo Van, then DEFINITELY get the GT2.

Hamann7

Steve, I think it's important to look at this issue not in terms of absolute $$$, but also as a percentage of value retention. As I posted in another thread, 150,000/180,000= 83.3% retention, which is actually very good.

Sun Ra

tyson, it's closer to 79%, but it's incredibly good, now do it with an S600 which loses twice as much in the same timeframe

brh986

I don't how good it is to have 83.3% or 79% retention when you're talking about a $200k vehicle. When you get up that high % should start to mean a little less than actual dollar losses. In addition it's really not fair to compare depreciation by percentage of a GT2 to a honda oddysee (or any other "regular" car for that matter). Most minivans are going to get 12k-15k miles (or more) and heavy use in their first year while a GT2 will probably see only weekend use and only have a couple of thousand miles. Hell you could easily find a 3 year old GT2 with hardly any use and 1200 miles on it if you looked. It will still have taken a horrible hit...