997 Gen 2 depreciation - will this be a classic?
#1
997 Gen 2 depreciation - will this be a classic?
I currently have a 997 Gen 2 C4S Cab. Having owned just about every flavour of Porsche over the past 20 years, I am thinking about this one being a keeper. However also quite keen on a 991 Gen 1 C4S Targa that I have seen at a Porsche dealership. Lovely car but quite different from the 997. What is everyone's thoughts about A) which is the better car to drive . B) if I keep the 997 Gen 2 will it hold it's value? Interested in any feedback since new to posting on Rennlist. Cheers.
#2
Rennlist Member
Nobody knows. Look what happened to the 993's.
Depends on what changes Porsche makes to the cars, and the demand for what people want to hold on to with the older cars (air cooled/hand built/naturally aspirated/hydraulic steering/etc).
Depends on what changes Porsche makes to the cars, and the demand for what people want to hold on to with the older cars (air cooled/hand built/naturally aspirated/hydraulic steering/etc).
#4
Rennlist Member
NO
Its a mass produced car. Well, highly unlikely. 30,000 or so. See article below. How many to US? A lot.
https://www.total911.com/the-six-mos...s-of-all-time/
But then again who could have ever predicted Donnie would be President?
Sell your Porsches and hold your Bitcoins. Or is it sell your Bitcoin and hold onto your Porsches?
Its a mass produced car. Well, highly unlikely. 30,000 or so. See article below. How many to US? A lot.
https://www.total911.com/the-six-mos...s-of-all-time/
But then again who could have ever predicted Donnie would be President?
Sell your Porsches and hold your Bitcoins. Or is it sell your Bitcoin and hold onto your Porsches?
#5
Three Wheelin'
this didn't take long to descend into foolishness.
who knows wether it will become a classic or not. but starting out with a cabrio will not help when it comes to long term resale
who knows wether it will become a classic or not. but starting out with a cabrio will not help when it comes to long term resale
#6
Drifting
I currently have a 997 Gen 2 C4S Cab. Having owned just about every flavour of Porsche over the past 20 years, I am thinking about this one being a keeper. However also quite keen on a 991 Gen 1 C4S Targa that I have seen at a Porsche dealership. Lovely car but quite different from the 997. What is everyone's thoughts about A) which is the better car to drive . B) if I keep the 997 Gen 2 will it hold it's value? Interested in any feedback since new to posting on Rennlist. Cheers.
So buy what you like, drive it and enjoy it, and don't worry about what it may or may not do in the future. It's hard to beat the overall experience of a nice 997.2
#7
Drifting
Yeah, nobody can truly predict it (look through 10-year-old Rennlist posts on 993s, for example) but you can stack the odds in your favor with a clean 6-speed coupe.
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#8
Rennlist Member
On a more serious note.
Good article nicely sums up 997 collectible or not.
http://www.pcarforsale.com/the-porsc...in-the-making/
Good article nicely sums up 997 collectible or not.
http://www.pcarforsale.com/the-porsc...in-the-making/
#9
Rennlist Member
The 997 was indeed mass produced, but how many were enthusiast specced (ie. sport seats, 6MT, etc.)? Not many. Would I buy a 997 as an investment? Absolutely not. But I definitely think well specced .2 cars will indeed be considered a classic down the road.
#10
Rennlist Member
Carreras? Maybe a few. GT cars tho... Aren't they already?
#12
How much they made doesn’t matter, just look at air cooled 911’s. These are 911’s thus live in their own world (a good thing).
“Collectible” it won’t be (at least not for like over half a century to a century, if we’re all not living in AI bubbles by then), but “classic”.. imo every N/A Carrera already is. They won’t ever make an N/A Carrera again, so these are it. And the rise in value on N/A 911’s (991.1’s and 997.2’s certainly) as soon as the new turbo 3.0’s came out is the free market signifying and nodding that.
“Investment to make money” isn’t the point here. I think these cars will all find a fairly high ground that they won’t depreciate under, which will save owners money relative to newer turbo Carrera’s depreciation rates. Eventually, I see the N/A Carreras moving up as time goes on (similar to air cooled cars) as there will always be enthusiasts who crave the relative rawness, connectivity, rev happy crescendo, response and sound that an N/A car brings.. ESPECIALLY as we enter a world of homogenized turbo cars, then Hybrids, then EV’s.
“Collectible” it won’t be (at least not for like over half a century to a century, if we’re all not living in AI bubbles by then), but “classic”.. imo every N/A Carrera already is. They won’t ever make an N/A Carrera again, so these are it. And the rise in value on N/A 911’s (991.1’s and 997.2’s certainly) as soon as the new turbo 3.0’s came out is the free market signifying and nodding that.
“Investment to make money” isn’t the point here. I think these cars will all find a fairly high ground that they won’t depreciate under, which will save owners money relative to newer turbo Carrera’s depreciation rates. Eventually, I see the N/A Carreras moving up as time goes on (similar to air cooled cars) as there will always be enthusiasts who crave the relative rawness, connectivity, rev happy crescendo, response and sound that an N/A car brings.. ESPECIALLY as we enter a world of homogenized turbo cars, then Hybrids, then EV’s.
#13
Three Wheelin'
Classic... if it has the right color and the right build, definitely. The 997.2 is the better of the 997 series with the more reliable engine, no sticky rubber *****, no temp and fan switches rubbing off and those LED lights. I'm sure in 10-15 years, we'll laugh at the LED bumper and tail lights since it'll be a period correct upgrade in it's entry level phase.
#15
Rennlist Member
How much they made doesn’t matter, just look at air cooled 911’s. These are 911’s thus live in their own world (a good thing).
“Collectible” it won’t be (at least not for like over half a century to a century, if we’re all not living in AI bubbles by then), but “classic”.. imo every N/A Carrera already is. They won’t ever make an N/A Carrera again, so these are it. And the rise in value on N/A 911’s (991.1’s and 997.2’s certainly) as soon as the new turbo 3.0’s came out is the free market signifying and nodding that.
“Investment to make money” isn’t the point here. I think these cars will all find a fairly high ground that they won’t depreciate under, which will save owners money relative to newer turbo Carrera’s depreciation rates. Eventually, I see the N/A Carreras moving up as time goes on (similar to air cooled cars) as there will always be enthusiasts who crave the relative rawness, connectivity, rev happy crescendo, response and sound that an N/A car brings.. ESPECIALLY as we enter a world of homogenized turbo cars, then Hybrids, then EV’s.
“Collectible” it won’t be (at least not for like over half a century to a century, if we’re all not living in AI bubbles by then), but “classic”.. imo every N/A Carrera already is. They won’t ever make an N/A Carrera again, so these are it. And the rise in value on N/A 911’s (991.1’s and 997.2’s certainly) as soon as the new turbo 3.0’s came out is the free market signifying and nodding that.
“Investment to make money” isn’t the point here. I think these cars will all find a fairly high ground that they won’t depreciate under, which will save owners money relative to newer turbo Carrera’s depreciation rates. Eventually, I see the N/A Carreras moving up as time goes on (similar to air cooled cars) as there will always be enthusiasts who crave the relative rawness, connectivity, rev happy crescendo, response and sound that an N/A car brings.. ESPECIALLY as we enter a world of homogenized turbo cars, then Hybrids, then EV’s.
In 40 years our water cooled car will be classics.
GT, Turbo, and S cars with MT, Aero, with X51, buckets, low miles, never seen rain!