used 997s prices..
#1
used 997s prices..
does anyone know the selling prices of 1 year old 911s???.....would a car that lists for the mid-high 80s sell for mid 70s???? it doesnt seem like the 911s have depreciated much yet....everyone talks about how porsches depreciate so much but with the new 997 i havent seen much price drop in the first year....how long before 911s go for mid 60k price range???? one more year,two more or three more years????
#6
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Low to non-existant local inventory is helping keep prices up. Once production catches up with demand the used market should see lower prices.
Bad guess? I would have to say a year before the used market on 997 softens up... values will hold until the new version comes out (998 or whatever the new series number is...)
Bad guess? I would have to say a year before the used market on 997 softens up... values will hold until the new version comes out (998 or whatever the new series number is...)
#7
I guess the question is, when will the 998 be released? I seem to recall autospies.com stating that the 997 was supposed to be a three-year holdover car for Porsche until they released the 998. That would make '07 the last year for the 997, and would probably induce a huge drop in 997 prices at that time.
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#8
Originally Posted by fuenfer
I guess the question is, when will the 998 be released? I seem to recall autospies.com stating that the 997 was supposed to be a three-year holdover car for Porsche until they released the 998. That would make '07 the last year for the 997, and would probably induce a huge drop in 997 prices at that time.
#9
That article also says that the S models will have wider rear fenders. I'm just wondering if Porsche will quickly dump this model seeing how successful it has been. Switching models fast does not create a loyal fan base.
http://www.autospies.com/article/ind...articleId=2565
http://www.autospies.com/article/ind...articleId=2565
Originally Posted by fuenfer
I guess the question is, when will the 998 be released? I seem to recall autospies.com stating that the 997 was supposed to be a three-year holdover car for Porsche until they released the 998. That would make '07 the last year for the 997, and would probably induce a huge drop in 997 prices at that time.
#10
998 in 2008 makes no sense. 3yrs seems too short for the 997 and that would mean one year for the Turbo and then the 998 comes out. That may seriously hurt turbo sales which is their most profitable line of cars. I think they would milk this one longer to take out more profits to get a better return on investment for 997 R&D.
#11
Originally Posted by lmmotola
998 in 2008 makes no sense. 3yrs seems too short for the 997 and that would mean one year for the Turbo and then the 998 comes out. That may seriously hurt turbo sales which is their most profitable line of cars. I think they would milk this one longer to take out more profits to get a better return on investment for 997 R&D.
#13
Don't get me wrong, guys -- I, too, doubt what the autospies article says and am hoping that the 997 is not replaced at the end of 2007! (Would hate to have my 997 for only a year and a half or so before becoming the "old model"). Having said that, I'm just not that familiar with Porsche's typical time between model changes.
As for the biannual refreshers, I'm very curious how Porsche can afford to make so many changes in such short a time period -- BMW/Mercedes generally make their first change after four years of production. Is it because production volumes are lower?
As for the biannual refreshers, I'm very curious how Porsche can afford to make so many changes in such short a time period -- BMW/Mercedes generally make their first change after four years of production. Is it because production volumes are lower?