For sure. The thought has entered my mind too on my 6MT C4GTS. I put maybe 1500kms on it last year (lockdown and it was an insane year from a family perspective with my son being born, etc). But the problem is, I love my car but the way I see it is if you have something you love and don't need the $$$ then might as well hold onto it.

I've driven the 991 when I was shopping around and just don't like the looks/feel of it as much so if you sell into an uptrending market, which is going up because of supply/demand, good luck replacing it down the road. The feel of regret would be too strong with me. Plus being in Canada, the listing of nice example 997.2 C4S/GTS 6MT coupe is hard enough, nevermind finding one with the right options.

 

I’m in Canada as well. If you want to sell it let me know.

 

Will do but the previous owner has checked in from time to time and I did say he gets first crack.

Still, don't think i'll be selling for quite some time but if something comes up where I feel the need will keep that in mind and good luck with the search.

 

I think "sense of value" is precisely what's driving the interest in the 997 in the first place.

Consider the prices of new cars which are virtually all built to be (and will become) disposables.

This forum is a testament to the enduring quality and value (and renewable value) of the 997.

 

keep me in mind.

 

100%

The market dictates values, not opinions on a specialty forum. Same goes for desirability of PDK vs manual.

 

Absolutely, market will always dictate value. The interesting thing (for me at least) is understanding the underlying trends that are driving the market and then get a handle on if and how they may change in the future. Supply/Demand imbalance seems to be a big driver for the current market and the point I was trying to make wasn’t’ that this isn’t the current reality, but rather that the outcomes would likely be different if supply were better matched to demand for 997 GTSs (and frankly 997.2 6MT C4Ss and these are likely riding the coat tails of the 997 GTS market).

The real question is whether something in the future happens that shifts the supply/demand imbalance. That is way harder to know or forecast and if Iknew how to reliably answer that kind of question I wouldn’t care how much the GTS cost!

 

The supply part of the equation is not hard to predict. There's not going to be a stash of these cars that magically appears one day. The supply of these cars continually diminishes over time.

The demand portion of the question becomes more of a guess. Short of some sort of a macro economic tumble, I would place my bet on demand for the 997 remaining very strong.

 

Spot on.

There are probably a few other things that could tamp demand beyond a macro decline. There are some adjacent market dynamics that could impact the imbalance, but that may be rather academic.

I agree with you wrt to near-term trajectory. If you built a stochastic model to predict trends and outcomes (which I have absolutely no intention of doing), I suspect the percentages would heavily favor the trend continuing in the upward direction.

 

Yep, for sure. The guy you are responding to has no experience with 911s and is apparently on his first with his recently acquired 2006 997.1. He simply does not understand the 911 market in general over many years and the high end or exotic sports car market.

People that can afford to spend $80,000 to a $130,000 on a 9 or 10 year old Porsche 911 probably have both intelligence and common sense to be in that position in the first place. The more money than sense comments are just sour grapes.

Definitely, the price of entry in new Porsches are hitting really high levels which IMO helps stabilize or even bring older 911 prices up.

Coming from a 991.1 Turbo and a 991.2 Turbo to a 997.2 GTS, I am here to say that the 997.2 GTS is a special car that is greater than the sum of its parts. The 997.2 GTS offers more than sufficient performance for the street and is an all around well balanced car that perfectly blends old and new.

Those in this thread saying GTSs are overpriced have never even driven a GTS and I hear the same nonsense about my Performate from similar types that have never sat in one. Such comments are obviously are more about the person than the car.

If you have a 997.2 GTS manual Coupe, you truly have a special and rare car. Mine is a pdk Cab. The GTS cabriolets and pdks ain’t half bad either.

Unless we start seeing bore scoring in the 9A1s like we see in the 997.1s, 997.2 manuals Coupes of any flavor (base, S, 4S or GTS) are going to keep going up in value unless wrecked or really high mileage . . . or impacted by really bad macro economic changes in the economy.

 

Hi guys, maybe this isn’t a great format as I suspect things get lost in translation so to speak. Just to be clear, I have no intention of throwing shade on people’s ownership decisions. I totally get that folks here love the 997 GTS and I understand the underlying reasons and did not intend to criticize GTS owners or what they paid for or think their cars are worth now and in the future. Far from it

Heck, these cars are so rare that even getting to one to do a test drive is a Herculean effort in and of itself. So the statement that most people haven’t even driven one is absolutely true!!

pls don’t take my comments personally. To me it’s a bit like having a buddy tell you he saw the most beautiful woman (or man, not trying to be sexist here) in the world at a bar in Sun Valley. I’ll never disagree with him but will have a hard time feeling the same way about the woman he saw since I never set eyes on her. Frankly that’s what a 997.2 6MT GTS is like for those of us who’ve never ever seen one or taken one out for a drive.

 

^^^ This

 

Frankly I thought that included what as a bit of an unfair snipe towards me, but I’ve said my piece and will move past it. . .

The one thing that has always intrigued me and served me well throughout my career (and I spent a good portion of it working on business strategy and competitive analysis) was to dig into things that “made no sense to me.” My experience is that just because something doesn’t make sense to me doesn’t mean it doesn’t make sense. For clarity, that is the starting point for the journey, not the end result.” So when I say something doesn’t make sense to me, it is not a criticism of someone’s action, it is just as it appears on the surface - I just don’t understand the behavior. If you are willing to treat those circumstances as a starting point, a challenge of sorts and dig into the underlying details to establish the context and understand the drivers behind certain decisions, I find that one gains a ton of perspective and a greater understanding of the (in my case the market) and potentially leads to incredibly valuable insights. As matter of fact, going thought this process has allowed to develop some of the most valuable insights throughout my career.

So the TL;DR on this is that I am still trying to gather and reconcile data. . . We’ve seen some GTS disappear pretty quickly and then there is the one for $124k that remains out there and defies the trend? What is the difference between that one and the ones that went quicker? Any way, pls don’t take questions as value judgements and pls don’t take them personally.

 

And to think that my 997.2 6MT 4GTS was sitting at the dealer and nobody wanted it because it was manual transmission.

It was October 2012 and the 991s had come out already, so naturally most buyers were going for the new shiny objects.
I remember thinking "if not a collectible, at least it will be a rare car, perhaps appreciating in 20 years or so"

I got it 19% below sticker price and it's still with me after all this time with 9,000 miles.

Perhaps it will appreciate and turn out to be a good investment. Who knows.
In the meantime, it is a blast to drive, when I am around to do it...

Thought the story might be fun to read.

 

Apologize if I misinterpreted what you said and that my comment seemed only directed at you. I was also addressing some of the earlier comments in this thread by others and kind of lumped everything together.

FWIW, I picked up my GTS with less than 30k miles cheap as it was mislisted as and priced as an S by a Mercedes dealership. It was listed late on a Saturday night as an S with no pictures. I ran the Vin and quickly called and held the ca early the next morning0 before the General Manager got back that morning with the car. He had driven it home.

I am also not wed to a 997.2 GTS. Will be selling mine here soon to make room for an incoming 992 Turbo. I still think the 997.2 GTS is a MUCH better car looks and feel wise than the 991s.

I would not spend $130,000 on a GTS or any 9 year old Porsche 911. I would spend a few extra dollars and get something like this 458 that happens to be certified by Ferrari for not much more.

https://www.cars.com/vehicledetail/d...3297/overview/
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