TheBruce

Looks like 997.1s have hit the depreciation inflection point. Kelly Blue Book has a service where it will send you emails if a car's price increases or decreases more than 2%. I just got an email saying the 997.1 has increased over 2% in the past few months.

I suspected this as I have seen low mile 997.1 CS2's list for $42-45 2yrs ago to now I see more listed at $45-49. I also received 2 offers on my car for 20% more than I paid 2yrs ago, despite putting 25k miles on it.

Thank you 997.2 owners :-)

SoCal C2S

ogun228

Stopped by my local Porsche dealer as I do once a month on Sunday. Only one 997 for sale, a .1 with 46k miles for 47k dollars.
Lots of Caymans, all other 911 were 991.1 and most were base Carreras.

groovzilla

From personal experience I can tell you the 997.1 C4S market is tight and cars have risen in value.
I shopped for my 2007 997C4S from October 2017 thru May of 2018. Never have I experienced such a tough find.
There are very few manual transmission examples for sale and when they come available they sell quickly.

Meursault88

Rising tide.

aabueg2005

I just bought my second 997.1, but this time I bought a '07 base C2 6 speed, black on black with 34k miles from a Porsche dealer, not heavily optioned, but a clean car on PPI. I may have overpaid for it @ $44k. They did however do the 40k mile service, new plugs, coils, oil, air filters, all 4 tpms. PPI was great. I guess with the rising used prices, I may not have paid too much in a few months after all.

sober_owl

i had my car posted for 40k for a while..no takers so i took it off and decided to keep it... 39k miles full fabspeed exhaust, forgeline wheels ..aero kit front..and few other lil things..

zdeckich

just bought my 06 C2 6 speed 25k miles clean carfax and one owner all paperwork and clean PPI for $35k. think i did pretty well.

911URGE

I like to read that 997 pricing may be on the upswing but I won't hold my breathe on long term pricing. I really got lucky when I sold my 89 964 in Oct 2017 for a significant profit than what I paid for it in 2006. I doubt lightning will strike twice for myself so I will just enjoy my 997S which I think I picked up below market earlier this year.

David HUDGENS

This makes me excited, but not because I want to sell my 997. I bought it used last summer and have been enjoying the hell out of it. I've put just over 5k miles since I bought it, and it still only has 53k miles on the odometer. It's an 05. I think I got a really good deal on mine, so I'm happy to read that values are holding or increasing.

I did make a deal with my youngest son recently and told him if he made straight A's through high school, I would put him on the insurance for this car. It's a win win for me. I can't lose, right? LOL

Attachment 1349324

TheBruce

Love it! I bought watches for my boys when they were born that are engraved with their names and 16th birthdays. They don't know I have been wearing them with their names on the back and will give to them as their 16th birthday present. However something tells me they might appreciate the 911 more...

groovzilla

Of my 40 or so Porsche purchases since 1984 my recent purchase of my 2007 997C4S had to be the most painful process - Young punk Techy with attitude.
My attitude is larger so took 2 months but finally got seller to accept my offer.
I got a great deal and super fun drive home to Seattle.
Nice manual transmission 997.1 C4S's are hard to find - Most Tiptronic and ugly color combos.

WantA997

Prices of nearly all asset classes are increasing. Lets see what KBB has to say about 997.1 prices when the economy takes a dip.

Evilfrog

So far I'm happy. Bought my 05 CS2 with a manual for $35,000. Driven it for 10,000 miles. Prices for ones with the current miles are closer to $38,000.

I don't care if it appreciates. I don't plan on getting rid of it soon. But it is comforting to know that in the near future if something comes up, I can have driven the car for the last few years for maintenance cost.

rootwyrm

Yeah, exactly this. As soon as there's a stumble (and there absolutely is going to be,) you're looking at the first casualty. Especially when the market in general is terrifyingly overheated as is. <sarcasm> Thanks, BaT. </sarcasm>

I mean seriously. There's a repo'd 997.1 Tip with a rough body, that won't turn over after they allegedly "heard a loud ticking," and it's sitting at $7k with 3 days to go.