dgjks6

So I've owned 2 911's. A 996.1 and a 997.2. On the 996 forum all they talked about was how bad prices were and they keep dropping and will it ever end. Here all you talk about it prices going up.

My conclusion is all Porsche owners are delusion. But 997 owners delusions are more optimistic.

Hula

Optimistic nihilism.

Evilfrog

I bought my car last year with 35,000 miles on it. It now has 40,000 miles. There is currently not one listed at 40,000 miles for less than what I paid for mine at 35,000. The three most comparable as far as options (Sports crono, full leather, 6-speed coupe) are a listed about $15,000 more. (Um, I think those are over priced.)

They may not be appreciating, but I'm hoping I'm near bottom of the depreciating curve.

voiceprint1

Can you explain the 993 market to me while your at it, when you read the 993 forum it has puzzling issues like this one:

"OK I know this sounds weird however recently I've noticed that if I hit the brakes fairly hard while driving, my horn will go off. WTF???? It doesn't do it if i'm stationary and hit the brakes! Any thoughts?"

docdrs

AMF997S

Had the same issue with my 1996 993; the air bag mount has rubber bushings that sag with age - brake hard, go into a steep driveway, etc., and the horn honks. Need a new air bag mounting bracket.
Socks

dgjks6

Ok. Things to add to 997 owners beside optimism. Easily distracted and get off topic quick.

Shiny

Squirrel

HiAperture

I am hoping to buy a 997 before the end of this year, and I do feel asking prices on low mile, desirable spec, 997 models has certainly stood still or crept up in the last 18 months. Any time I read what people were paying 2-3 years ago on these cars when they were much newer and lower miles, it makes me a little ill to be shopping now. Right now a basic 2012.5 991.1S with the similar miles is almost the same price or less than a "collector" 2012 997.2 S if you do some poking around, GTS models are stratospheric. We certainly know the 991.1 hasn't hit the bottom of it's depreciation, where the 997.2 will do from here, is unclear.

DesmoSD

I think 996 prices have already bottomed out but are very slow to ramp up like the other 911's. A couple of years ago, I came across ads for 996 GT3's in the upper 40's with 40-50K miles. Turbos are holding stead in the 50 to upper 60K range. Gen 1 996 Carrera's have always been a bargain.

With all of the articles praising the 997.2's, esp the GT models, I believe those are going to raise in value with 997.2 GT3 RS and GTS RS 4.0's being the holy grails.

voiceprint1

I just meant that the 993 market shows no signs of going lower, yet you still have tons of issues with chasing down erratic issues, like this paint related one:

"Did a full respray in the summer on the 993C2S and since then the radio comes on seemingly whenever it wants when the car is parked. Very odd to hear the radio on at 3:00 AM while the car s sitting in my garage. It has drained the battery a couple times and I can't seem to find the issue."

DesmoSD

"Last of the aircooled 911's" is worth it's weight in gold. lol

Fined

Absolutely. Anyone paying close attention will see that. Anyone, feel free to prove me wrong by going and buying a clean (no accident) well optioned 25k mile or less GTS coupe for under $65k. Because that's what I did and it's not possible anymore. So if the prices going up is a delusion then consider me happily delusional.

dgjks6

A - I did not say delusional (though I may think it time to time for some people)

B - and this is kind of what prompted this, a 2012 997.2 same spec as a 2012 991.1, seem to be about the same price and if you go back 1 year the 991.1's were a lot more.

C - um, ah,..., I forgot what I was going to say

larrysb

Economy is getting stronger and the 997 is still a desirable car that's "in reach" for more people as their affluence grows a bit. That seems especially true with the 997.2 due to the PCM 3 having such amazingly modern features, like Bluetooth, similar to other cars made years earlier.

Also the 991 and 991.2 have escalated in price, but to the casual observer, seem quite the same. Perceived value of the used fleet goes up. A new, modestly equipped base Carrera Cabrio is pushing on $130k these days.

The 996 has that whole IMS bearing thing to live down too. Applies to 997.1 series, but the stigma seems to stick the 996 era.

sandwedge

Love it. Keep posting this so nobody misses it.