Taycan = 997 Value Increase???
#1
Pro
Thread Starter
Taycan = 997 Value Increase???
Just a speculation thread. My gut tells me the Taycan will lead to higher 997 prices. Especially 10 years from now when enthusiasts are looking for real gauges and authentic engine sound. The 997 and Taycan are completely antithetical. If you find the Taycan repulsive you'll be forced into the world of "classic" sports cars from 2000-2020. Just my opinion
#2
It has so little to do with the 997 that I would predict zero impact to values.
#3
Rennlist Member
It's the electrification of the global auto fleet that'll drive prices on clean well maintained sports cars. Just have to keep the refineries humming
#4
RL Community Team
Rennlist Member
Rennlist Member
I think this Taycan is a different market and probably not relevant to our 911s.
The greater force is going to be electrification in general. These performance numbers of electric are crazy fast. Once "they" get the following, our 911 pricing will crash:
1. Charging speed faster
2. Range over 300 miles
3. Weight down to near 3K pounds, and
4. A trackable battery system.
Then... with a bit of time.... once the market discovers how cheap electric cars are to maintain... well the combustion engine is done for. The simple number of parts in an electric vehicle is stunningly low compared to a combustion car. Just look at the thousand or so parts in one combustion engine!!! And many of these parts have sub-components associated with these part-sub-systems... it is crazy how complicated a combustion engine has become. Complexity = increased potential for failure. Just look at the number of posts where we chase down codes and issues.
The Economist ran a cover story about the incredible disruption electric cars will do the the auto industry with huge amounts of job loss and supplier closures.
Nostalgia and tech lovers will keep it alive for a long long time but it takes growing demand to make a price rise and that isn't going to happen IMO.
Peace
Bruce in Philly
The greater force is going to be electrification in general. These performance numbers of electric are crazy fast. Once "they" get the following, our 911 pricing will crash:
1. Charging speed faster
2. Range over 300 miles
3. Weight down to near 3K pounds, and
4. A trackable battery system.
Then... with a bit of time.... once the market discovers how cheap electric cars are to maintain... well the combustion engine is done for. The simple number of parts in an electric vehicle is stunningly low compared to a combustion car. Just look at the thousand or so parts in one combustion engine!!! And many of these parts have sub-components associated with these part-sub-systems... it is crazy how complicated a combustion engine has become. Complexity = increased potential for failure. Just look at the number of posts where we chase down codes and issues.
The Economist ran a cover story about the incredible disruption electric cars will do the the auto industry with huge amounts of job loss and supplier closures.
Nostalgia and tech lovers will keep it alive for a long long time but it takes growing demand to make a price rise and that isn't going to happen IMO.
Peace
Bruce in Philly
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AMGM5S8 (09-05-2019)
#5
RL Community Team
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#6
Burning Brakes
As one who has been looking for a 997 and researching what's sold etc., etc., I think the prime driver of appreciation has been scarcity of good condition, no-accident, low mileage, unmodified 997s. As time passes, there are fewer and fewer.
#7
I doubt it will have an effect. IMO the only thing that could possibly make a regular everyday 997 appreciate is if Porsche went away from a rear-engine configuration.
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#8
Pro
I'f be shocked if non-GT 997 cars went up in value. I'm just hoping for a really shallow depreciation curve.
maybe they'll go up in value in 50 years when ICEs and manual transimssions are an oddity that most people have never seen. It will sit in someone's museum collection.
maybe they'll go up in value in 50 years when ICEs and manual transimssions are an oddity that most people have never seen. It will sit in someone's museum collection.
#9
Nordschleife Master
I will be dead in 50 years, but my 997s will each have a couple of hundred thousand miles on them by the time I die (if I can afford to maintain them that long.)
#10
Burning Brakes
I think the 997 is currently the most desirable, "affordable" 911. That will change to the 991 in a few years. The 997 will be too old and outdated.
#11
RL Community Team
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The 997 is a perfect sweet spot of 911 feel in a simpler package without a ton of screens and electronics, but workable A/C and longer range driving comfort.
The 991 is too similar to the 992 - bigger, more techy, more GT car. The 997 will remain desirable just as the 993 has but without the higher value associated without being the last air cooled 911.
People with pristine condition, all original, low mileage, GT3 or GTS cars will find those appreciating in the future or staying where the values are today. 991s will eventually drop below the 997s, especially the 997.2 cars. The 997.1 cars will always have the IMS stigma associated with them so won't be worth as much as the 997.2 cars so they will remain the reasonable entry point for someone who wants the smaller, more nimble, sportier, feel of a 911. The 991s will be the cars bought by the more GT oriented people getting into the brand, but not the gearheads and DIYers.
I will have my 997s until I no longer grace this earth and have no interest in any 911 newer than 2012. The 1 exception to that is the 991 based Speedster, but since I'll never be able to afford one of those, it doesn't matter.
At some point I want to add a 993 Turbo and a Boxster Spyder to my stable and maybe an 89 speedster or another RUF car - might check both the 993 and RUF boxes at the same time with a 993 based RUF R-Turbo
#12
RL Community Team
Rennlist Member
Rennlist Member
Old cars are old cars. Only the special and rare are desired.
The only deviant issue was the great recession.... small numbers were built so that adds to scarcity. But still... old is old.
Peace
Bruce in Philly
The only deviant issue was the great recession.... small numbers were built so that adds to scarcity. But still... old is old.
Peace
Bruce in Philly
#13
Advanced
I'm a big fan of the internal combustion engine, I cannot see myself ever buying an electric vehicle for personal enjoyment.
But I think the Taycan will increase the value of the 997 in the same way the introduction of the automobile increased the value of the horse-drawn carriage.
But I think the Taycan will increase the value of the 997 in the same way the introduction of the automobile increased the value of the horse-drawn carriage.
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Sweeny40yrds (10-17-2019)
#14
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#15
Rennlist Member
Probably the same for 997's in 10-20 years. Depreciation will have bottomed out and value will only increase as people yearn for something nostalgic and different.
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SpeedyD (09-07-2019)