billh1963

I keep reading about the 20% depreciation hit a 997 takes as soon as it leaves the dealership lots but I'm not seeing that in the normal retail market. What I see are 2006 997 S models for sale for around 7 - 12% less than original MSRP. That's only a little better than the discount many claim to get when they buy their cars new.

Discounts on 2005 model cars aren't much better. Am I researching the wrong places?

robbonds

nop...market probably -20% - -15% at best

dealer will pay u less 20% and offer the car less 15% - if you are lucky

Edgy01

I suspect it is still a little early on taking big discounts on the 997. I would venture to say that the 996 market is rolling downward at an increased rate. Great,--if you like the 996.

Dan

DennisVR

I'm in the market for a used 997, but at the prices they are still going i think i might get a quote for a new one.

I expect prices to lower slightly as soon as the new TT and GT3 are being delivered.

dstrimbu

Remember guys, it's summer in North America. The deals were in the North, in the winter. <g>

-d

mastiffdog

Many of the stores I have visited in Southern California should really not be called stores, rather, museums would be more appropriate. They make you feel as if they are doing you a favor on a 2006 997 (2007's in 2-3 months) at full window price, always telling you how "rare" the car is.

I guess that's not as bad as the BMW Museums for the M6. They are very proud of their "display" at 30K (read thirty thousand dollars) over window for the M6.

H20NOO

Evidently, Porsche was caught off guard by the very strong demand for 997's. If that's the case, supply/demand would suggest prices holding up well, even on low mileage used cars.

MC

Riad

Prices for the 996 have actually stabilized as well... again it is summer. Always buy a sports car in the winter

black/terra

ended up buying new, no real depreciative value in buying used.

In fact I got a better deal on a new car through Chris on this board that I would have buying used. And I mean that. This is the first new car I have ever bought in my life.

Chris C.

The 20% depreciation is what they would knock you down from retail on a trade, not what they'd sell for retail. You should see 10-15% discount retail on a 2005, especially once the 07s start rolling in. Half that on a used 2006.

Check the Manheim auction prices for the true market clearing (wholesale) price on any car, then add what you think is a fair markup if you buy from a dealer. Or hire a broker to get you one from auction for a fee.

SilverSteel

You don't see the depreciation until you try to deal it to a dealer. If you sell it outright, it's not so bad. Also, I agree with Riad, always buy your sports car during the winter and save $$$$$.

billh1963

Sounds like this fall is the time to start looking!

tarpon1

you never know...check you private messages. just so happens i found a 2005 blk/blk carrera s with 2000 miles on it for sale @ >16% discount to msrp...closer to 20% if you figure what it cost to drive it off the lot. delivery? immediate. any questions? next problem then....

squareloop

I bought new, looked at as many 2006s as I could find in Northern Virginia. All were in the 10% or less range. Always exceptions, but I do not think 20% is the number right now.

jeremyr4

For what it's worth, I bought an '05 S Cab in California for 20% off MSRP a month ago. It has 7k miles. Sticker was $106k+ and I bought it for $87k CPO. It was exactly 1 year old.

Basic guidelines:

2006 - 5-15%, depending on where you buy it and how long it's been sitting
2005 - 15-20%, depending on where you buy it and how long it's been sitting

Manheim is a good measure but, due to low volume, you can't look everything up on there (ie. you won't find a Carrera S Cab, for example).

Good luck.