997 upcoming prices
#1
997 upcoming prices
What does everyone think the 997 market will be like next year? The overall car market is definitely softening. The offer I made for my GTS last month took into consideration the expected ongoing reduction in prices. I took a risk instead of waiting it out because I like the rare color combo in 6MT.
I’m wondering how the base, S, 4S and GTS will hold up. The other factor is that 997s are highly desirable because it is the last mechanical 911 and prices are still within reach.
I’m wondering how the base, S, 4S and GTS will hold up. The other factor is that 997s are highly desirable because it is the last mechanical 911 and prices are still within reach.
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soundbehindyou (11-08-2022)
#3
There's a Youtube guy who seems dedicated to discussing exactly market values and trends. I think he goes by the name of Four Wheel Trader and has quite a few videos that are like stock trading 101 but with cars.
My thoughts are that desirable builds (manual .2, coupe, more options) will still be desirable.
My thoughts are that desirable builds (manual .2, coupe, more options) will still be desirable.
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#4
What does everyone think the 997 market will be like next year? The overall car market is definitely softening. The offer I made for my GTS last month took into consideration the expected ongoing reduction in prices. I took a risk instead of waiting it out because I like the rare color combo in 6MT.
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#6
My crystal ball is broken, but my Magic 8 Ball said, "Reply hazy, try again".
Just bustin' your stones...Congrats on your GTS!
The fundamentals of the 997 market will continue to hold true:
Just bustin' your stones...Congrats on your GTS!
The fundamentals of the 997 market will continue to hold true:
- Rarity is important. Lower production = scarcity = higher price
- 997.2 is more valuable than 997.1
- Manual transmission is more valuable than PDK
- Special/rare color combos more valuable than mundane colors
- Unique or desirable options add value
- Low miles more valuable than higher miles
- Number of owners, service history, DME reports...yada, yada...same anticipated impact on value.
__________________
'09 Carrera 2S, '08 Boxster LE (orange), '91 Acura NSX, Tesla Model 3 Performance, Fiesta ST
Jeff Ritter
Mgr. High Performance Division, Essex Parts Services
Essex Designed AP Racing Radi-CAL Competition Brake Kits & 2-piece J Hook Discs
Ferodo Racing Brake Pads
Spiegler Stainless Steel Brake Lines
704-824-6030
jeff.ritter@essexparts.com
'09 Carrera 2S, '08 Boxster LE (orange), '91 Acura NSX, Tesla Model 3 Performance, Fiesta ST
Jeff Ritter
Mgr. High Performance Division, Essex Parts Services
Essex Designed AP Racing Radi-CAL Competition Brake Kits & 2-piece J Hook Discs
Ferodo Racing Brake Pads
Spiegler Stainless Steel Brake Lines
704-824-6030
jeff.ritter@essexparts.com
Last edited by JRitt@essex; 11-08-2022 at 04:49 PM.
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soundbehindyou (11-09-2022)
#7
My crystal ball is broken, but my Magic 8 Ball said, "Reply hazy, try again".
Just bustin' your stones...Congrats on your GTS!
The fundamentals of the 997 market will continue to hold true:
Just bustin' your stones...Congrats on your GTS!
The fundamentals of the 997 market will continue to hold true:
- Rarity is important. Lower production = scarcity = higher price
- 997.2 is more valuable than 997.1
- Manual transmission is more valuable than PDK
- Special/rare color combos more valuable than mundane colors
- Unique or desirable options add value
- Low miles more valuable than higher miles
- Number of owners, service history, DME reports...yada, yada...same anticipated impact on value.
Last edited by groovzilla; 11-08-2022 at 05:12 PM.
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soundbehindyou (11-09-2022)
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#8
i wonder how the 4.0 and up rebuilds will sell, im sure the money spent wont be recouped, but it will be interesting to see where they fall in the market. tho after watching the market for the past 3+ years i dont really recall any being up for sale,
#9
And…..think about it, the older the series gets the more it’s value increases over time..just look at the sc’s and Carreras of the late 70’s and 1980’s
I had 3..great fun cars, but better car and value in a 997
I had 3..great fun cars, but better car and value in a 997
#10
Keep it clean, inside and out.
Replace worn parts.
Keep it OEM as much as possible...EXCEPT when adding a desirable part with intrinsic value - i.e. ask yourself, if I sold that part alone, would people want it? E.g. Fuchs wheels? Yes.
Upgrade with even better OEM parts - yes, e.g. paddle sports steering wheels over the ones with the thumb forward/backwards shifters.
Replace the oil more often than you would with any other car...like once a year AT LEAST.
Don't cheap out on ANY mechanical maintenance. Get it done at Porsche. It will show on your service record which is worth gold in terms of resale value.
At least drive it enough that the parts are still nicely greased up but don't rev the **** out of it!
Don't live near an ocean or in a flood plain!
Replace worn parts.
Keep it OEM as much as possible...EXCEPT when adding a desirable part with intrinsic value - i.e. ask yourself, if I sold that part alone, would people want it? E.g. Fuchs wheels? Yes.
Upgrade with even better OEM parts - yes, e.g. paddle sports steering wheels over the ones with the thumb forward/backwards shifters.
Replace the oil more often than you would with any other car...like once a year AT LEAST.
Don't cheap out on ANY mechanical maintenance. Get it done at Porsche. It will show on your service record which is worth gold in terms of resale value.
At least drive it enough that the parts are still nicely greased up but don't rev the **** out of it!
Don't live near an ocean or in a flood plain!
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gsxrpilot (11-10-2022)
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Liste-Renn (11-11-2022)
#14
#15
Prices will drop further IMO unless you have a clean Manual with less than 20,000 miles on the car!! I see high priced C2S, C4S, and GTS sitting in the market and not selling as they are asking way too much in this slow down market right now!!
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Gleebag (11-10-2022)