OCBen

I guess time will indeed tell, even for the best prognosticators.

Mike Murphy

A look back into history proves that all mass-produced Porsches depreciate at a similar rate. The 997 will be no exception. The only thing that will ever change depreciation rates are rarity and demand.

Edmunds figures the 5-year depreciation on a 2007 Carrera to be about $39,000 in the TCO of the car http://www.edmunds.com/new/2007/pors...92708/cto.html

Sharptt

Unfortunately I agree the 997 will probably follow the same depreciation curve as the 996. So buy one to drive it and enjoy it and you'll be happy. As garage queens these cars make no sense to me. Just my $.02

Benjamin Choi

porsche is going to make more 997s than 996s. as 997s've improved in performance so have its competitors (and more of them now and soon) so leaning on the frail hopes of "back to classic 911 lines", "it's faster", to comparatively flatten out the depreciation curve and all that other romantic bs needs to be thrown out the window.

enjoy your cars. there's always better, faster right around the corner.

Mike Murphy

Right. If you want one that doesn't depreciate, then you're going to have to buy an older one that always has.

MrBonus

...And the 993 was outperformed by many of its competitors yet its resale values have been preserved by its classic Porsche form and the fact that it was, in fact, faster than its predecessors.

Ray S

I'll bet the 997 will depreciate in a similar manner to the 996. There really is no good reason that it won't follow that trend.

Those that point to 993 values (which have also been declining at a somewhat slower rate) need to consider the following. First, the 993 was produced in much lower numbers. Second, the 993 is that last of the aircooled Porsches (at least for the foreseable future). As such it will always carry a nostalgia that the 996 and 997 do not have.

Dr_KarlB

As soon as the 998... 999... or whatever comes next is available the 997 will just be "the one that came after the 996".
Values for the previous generation will drop just like in the past.
Right now the 997 used market is quite empty, so prices look higher, and its the current model 911... Direct Fuel inject and Manual Sequential toys and the like will prompt people to buy the next greatest version and the 997 will be just another used Porsche.
That said, i think they are great and will buy one once they drop a little more

sharmat

It's interesting to note that in the Edmunds report, the depreciation cost and operations cost is quite low compared to other cars of the same price and category. SO, at least that someting to feel good about.

DennisVR

investment advice:
993: Buy
996: Sell
997: Hold

Ray S

You're advice is lousy. All are depreciating assets, none is appreciating.

Good advice would be

Buy the car you prefer to drive. Invest in stocks, bonds, and real estate.

erv

Agree with Ray. These aren't garage queens, they never will be, too many are produced. Buy a ferrari if you want it to hold its value. The only recent porsche I can see really holding its value, 993 turbo s, very few were made.

oalvarez

i'm not sure about it, perhaps you have evidence to the contrary. my own personal experience doesn't support such. asides from that, manheim auction reports don't seem to support such and private party sales are bountiful and trading at prices much lower than where originally offered. hec, for whatever reason, there are a good number of 997's for sale within our own small rennlist universe and at 6speed as well. i wouldn't have thought that there would be so many for sale on ebay either. perhaps 996's traded like this during their run? luckily i got out of my 99 996 c2 in 2004 for what i paid for it (38K). 3yrs later they're in the 20's? eek!

regards

GHills

Two kinds of people predict the future. Those who are wrong, and those who know they are wrong.

OCBen

That doesn't make any sense at all.