Will 992 cause 997 and 996 pricing to drop?
#16
Drifting
Haha my feelings exactly
The thinking that the 997 is more "taut", hard core, analogue, mechanical, raw, etc etc etc is the same tired argument each old generation has used against the next generation forever. The 991 is no bigger in size then the 997 (it is wider in some dimensions and smaller in others). But it is demonstrably faster and better handling. Everyone likes to think their model is the "last of the real Porsches" because the next generation is (fill in the blank) too big/soft/un-raw/non-analogue........
I also tend to follow along with Dennis that we are all guessing on values but they are all going to go down just as the 992 will when the next one comes out. And to the vast majority of buyers they will just get the newest one they can afford. The opinions here are vastly skewed to the 997 well because its a 997 board - surprise!!
Buy what you like, drive it well and damned what it does to the value!
The thinking that the 997 is more "taut", hard core, analogue, mechanical, raw, etc etc etc is the same tired argument each old generation has used against the next generation forever. The 991 is no bigger in size then the 997 (it is wider in some dimensions and smaller in others). But it is demonstrably faster and better handling. Everyone likes to think their model is the "last of the real Porsches" because the next generation is (fill in the blank) too big/soft/un-raw/non-analogue........
I also tend to follow along with Dennis that we are all guessing on values but they are all going to go down just as the 992 will when the next one comes out. And to the vast majority of buyers they will just get the newest one they can afford. The opinions here are vastly skewed to the 997 well because its a 997 board - surprise!!
Buy what you like, drive it well and damned what it does to the value!
I agree with this logic, although we are all just guessing. I think people shopping for their first 911 will likely be more attracted to a 991 as their prices drop a bit, which will impact 997 sale prices. Lots of people (especially on this board) love the 997 for various reasons, but to a new buyer it’s older, has less tech, and may be less appealing. I do tend to think that the 992 launch will impact 991 prices more than 997 prices. This is nothing new. It happens every time a new model is launched. Older models depreciate to a certain point, and then stabilize. Fewer and fewer low-mile examples can be found, and they begin to command a premium. Special models command an additional premium. It happened to the 996, it’s happening to the 997, and it will happen to the 991.
#17
Burning Brakes
Haha my feelings exactly
The thinking that the 997 is more "taut", hard core, analogue, mechanical, raw, etc etc etc is the same tired argument each old generation has used against the next generation forever. The 991 is no bigger in size then the 997 (it is wider in some dimensions and smaller in others). But it is demonstrably faster and better handling. Everyone likes to think their model is the "last of the real Porsches" because the next generation is (fill in the blank) too big/soft/un-raw/non-analogue........
I also tend to follow along with Dennis that we are all guessing on values but they are all going to go down just as the 992 will when the next one comes out. And to the vast majority of buyers they will just get the newest one they can afford. The opinions here are vastly skewed to the 997 well because its a 997 board - surprise!!
The thinking that the 997 is more "taut", hard core, analogue, mechanical, raw, etc etc etc is the same tired argument each old generation has used against the next generation forever. The 991 is no bigger in size then the 997 (it is wider in some dimensions and smaller in others). But it is demonstrably faster and better handling. Everyone likes to think their model is the "last of the real Porsches" because the next generation is (fill in the blank) too big/soft/un-raw/non-analogue........
I also tend to follow along with Dennis that we are all guessing on values but they are all going to go down just as the 992 will when the next one comes out. And to the vast majority of buyers they will just get the newest one they can afford. The opinions here are vastly skewed to the 997 well because its a 997 board - surprise!!
#18
We can all agree the 991 is a better performing car, but we'd also agree that max performance is not the most important factor to used 911 shoppers. Porsche does a great job of making each generation unique, so while newer is always faster, they don't render past generations obsolete like most other cars. They're pushing that "timeless" idea with the 911, I tend to agree.
#19
Originally Posted by Balr14
You nailed it! Most of the people buying newer models have never driven older models and could care less about them. The people who want older models aren't getting any younger, so supply may exceed demand.
#21
Drifting
#22
Rocky Mountain High
Rennlist Member
Rennlist Member
#23
Burning Brakes
I sure hope so! Having a whole lot of trouble finding a PDK 997 for my girlfriend. They are just out of reach. Wish she wanted a 987.2 S, would be so much easier. The thing is a 997.2 Base Cab would be fine, but there are even fewer of those!
No I don't think prices will drop any faster, if at all.
No I don't think prices will drop any faster, if at all.
#24
Nordschleife Master
Can't remember the exact numbers and too lazy to look them up but as I recall it, the only dimensional difference between the 997 C2S and the 991 C2S is that that the 991 is about 2.5" longer. Width the same. But like you said, it does look like the difference in size is more than that.
#25
Nordschleife Master
I sure hope so! Having a whole lot of trouble finding a PDK 997 for my girlfriend. They are just out of reach. Wish she wanted a 987.2 S, would be so much easier. The thing is a 997.2 Base Cab would be fine, but there are even fewer of those!
No I don't think prices will drop any faster, if at all.
No I don't think prices will drop any faster, if at all.
#26
Three Wheelin'
There aren't many clean 997's (especially .2s) on the market at any given time, and as prices are typically somewhere in the 40's to 60's, that won't change. Many people who own them aren't selling, as they are quite affordable to own. They aren't leased. A 997.1 may be hard to get a loan for, so these buyers are cash buyers and not likely to sell based on loan payment stress. The cars are just out of reach for lots of middle-income people (who may otherwise buy a high mile e46 M3) which also keeps turnover low. Plus, with some modern suspension upgrades, the 997 really comes alive.
In 992 world, 60k gets you the engine, wheels, and 2 seats.
In 992 world, 60k gets you the engine, wheels, and 2 seats.
#27
There aren't many clean 997's (especially .2s) on the market at any given time, and as prices are typically somewhere in the 40's to 60's, that won't change. Many people who own them aren't selling, as they are quite affordable to own. They aren't leased. A 997.1 may be hard to get a loan for, so these buyers are cash buyers and not likely to sell based on loan payment stress. The cars are just out of reach for lots of middle-income people (who may otherwise buy a high mile e46 M3) which also keeps turnover low. Plus, with some modern suspension upgrades, the 997 really comes alive.
In 992 world, 60k gets you the engine, wheels, and 2 seats.
In 992 world, 60k gets you the engine, wheels, and 2 seats.
But OK, I get it, I shouldn't try to over think where the market is going and just get the best I can afford and drive. Shut up and drive, right?
Last edited by gumanow; 01-09-2019 at 04:59 PM. Reason: grammar
#28
Nordschleife Master
There aren't many clean 997's (especially .2s) on the market at any given time, and as prices are typically somewhere in the 40's to 60's, that won't change. Many people who own them aren't selling, as they are quite affordable to own. They aren't leased. A 997.1 may be hard to get a loan for, so these buyers are cash buyers and not likely to sell based on loan payment stress. The cars are just out of reach for lots of middle-income people (who may otherwise buy a high mile e46 M3) which also keeps turnover low. Plus, with some modern suspension upgrades, the 997 really comes alive.
In 992 world, 60k gets you the engine, wheels, and 2 seats.
In 992 world, 60k gets you the engine, wheels, and 2 seats.
#29
Rennlist Member
None of the cars you're considering are investments.
If you drive it long enough, you'll be fine with any value change.
The fun miles are worth the cost!
#30
You will all have a go at me for what I'm about to write :-)
I think the 992 is an eyesore, at the best of times... The front is way too square around the front bumper area and the back of the car (which always have been the 911's strong point in my opinion) is horrible.
I cannot easily distinguish a 981/982 from a 992 when viewing from behind (don't take it too literally) because of the Porsche indent in the middle.
Designwise we're close to the 996 1st gen (even though the 996 C4S has one of the nicests backends ever coming out of Stuttgart).
The 992 (and to some point the 991) is a car for the masses (at a price) and does not have the original 997 feel and design.
From a business perspective, the 992 is the right move forward here and now but for "purists" that cannot get an air/oil cooled 911 or want a more up to date vehicle, the 997 (and even the 996 II) are the only choice out there so yes, prices will eventually go up.
This said, does it really matter? I bought a 997.2 C4S PDK because I loved the way it sounded, its handling and the "modern enough" comforts for me coming with the car. Future pricing could not be any further away when I test drove the car and signed the purchase papers so to me the car is priceless...
I think the 992 is an eyesore, at the best of times... The front is way too square around the front bumper area and the back of the car (which always have been the 911's strong point in my opinion) is horrible.
I cannot easily distinguish a 981/982 from a 992 when viewing from behind (don't take it too literally) because of the Porsche indent in the middle.
Designwise we're close to the 996 1st gen (even though the 996 C4S has one of the nicests backends ever coming out of Stuttgart).
The 992 (and to some point the 991) is a car for the masses (at a price) and does not have the original 997 feel and design.
From a business perspective, the 992 is the right move forward here and now but for "purists" that cannot get an air/oil cooled 911 or want a more up to date vehicle, the 997 (and even the 996 II) are the only choice out there so yes, prices will eventually go up.
This said, does it really matter? I bought a 997.2 C4S PDK because I loved the way it sounded, its handling and the "modern enough" comforts for me coming with the car. Future pricing could not be any further away when I test drove the car and signed the purchase papers so to me the car is priceless...