depreciation of the new 997 and997s
#16
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20K the first year and about 10k a year after that ....... I have had about 10 new pcars over the last 15 years and this is about what I figured I was loosing every year . When I started buying the 996 the depreciation really got bad . With the 997 it remains to be seen .
#17
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Originally Posted by Sobe
20K the first year and about 10k a year after that ....... I have had about 10 new pcars over the last 15 years and this is about what I figured I was loosing every year . When I started buying the 996 the depreciation really got bad . With the 997 it remains to be seen .
#19
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Assuming five years and 75k miles, here are the top 10 from Edmunds with the percentage of retained value:
BMW Z8 54 percent
Mercedes Benz C class 54 percent
Mini Cooper 53 percent
Porsche 911 53 percent
Porsche Boxster 53 percent
Lexus SC430 52 percent
Acura TL 52 percent
Honda s2000 52 percent
Dodge Viper 52 percent
Lexus GS300 52 percent
BMW Z8 54 percent
Mercedes Benz C class 54 percent
Mini Cooper 53 percent
Porsche 911 53 percent
Porsche Boxster 53 percent
Lexus SC430 52 percent
Acura TL 52 percent
Honda s2000 52 percent
Dodge Viper 52 percent
Lexus GS300 52 percent
#20
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there is no way a 997s will depreciate 20k the first year
#21
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Drive It and Enjoy it.......... if you don't depreciation by beach front property.... but for me they are built to drive... isn't the feeling of driving one of the worlds best cars worth something; at least several thousand dollars a year in relaxation from the stress of the world????
#22
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Originally Posted by 930man
Drive It and Enjoy it.......... if you don't depreciation by beach front property.... but for me they are built to drive... isn't the feeling of driving one of the worlds best cars worth something; at least several thousand dollars a year in relaxation from the stress of the world????
#23
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Good question...for the businessman, the Porsches may not be the best car. For the true car enthusiast, depreciation and trips to the dealer are secondary concerns. I have spent (lost) more money on Porsches than I care to remember, but it's probably the best money I've spent. If you're really worried about how much $$ you'll lose, buy a camry or accord. If you truly love cars and driving (I was going to say there is no substitute)... get a Porsche, lose some $$ and smile every time you drive it.
#25
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Originally Posted by Sobe
I am talking about an 997S or 997S cab both around a 100 * out the door .. you are gonna loose the tax that is 5 K then another 15 if you put some miles on it...
#27
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Unless it's a salvage or some other unusual situation, I find that VERY hard to believe considering that many dealers simply can't keep 997s in stock.
If it's true, consider yourself VERY lucky. The cheapest 2002+ 996 in the country with average miles is listed at $50k on AutoTrader.com (which would be $20k off a new base model 997 without options).
If it's true, consider yourself VERY lucky. The cheapest 2002+ 996 in the country with average miles is listed at $50k on AutoTrader.com (which would be $20k off a new base model 997 without options).
#28
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This was a public transaction I shared with the group last month. Your point is well taken, however, in that I am very much aware of how very lucky I am; every morning when I turn the key.
Thanks
Jack
Thanks
Jack
#29
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Originally Posted by pedsurg
Scycle2020: I dunno bout that. Just bought a well equipped cherry 997 with 3K miles for nearly 20 K off sticker.
Thanks
Jack
Thanks
Jack