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Will the 997's depreciate as badly as the 996?

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Old 06-26-2013, 02:15 PM
  #106  
Larry L
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I'll buy one when they hit $25k on a regular basis - on looks alone.
Old 06-26-2013, 02:17 PM
  #107  
alexb76
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Originally Posted by Edgy01
I think not. The 996 has been considered the redheaded stepchild 911 since it came out. The 997 is a terrific car. With VW at the helm, the 911 will be pushed to new directions. The 997 is the last true Porsche.
+1... having said that, due to the number of 997s produced, the value will not hold up like 993, but will hold better than 996 for sure.
Old 06-26-2013, 02:19 PM
  #108  
perfectlap
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Originally Posted by sebis
This got me thinking that instead of spending 50k for a 997.1 C2S I can spend mid-40K on a 996 turbo with under 50,000 miles just couple of years older.
And you would be impressed with how absolutely clean some of the Metzger-engined 996 Turbos for sale are. A quick search last week pulled a handful with mileage well under 40K miles in the low $40K's. A couple, also immaculate, with barely 40K miles (a cakewalk for such an engine) were even under $40K. Only caveat is that whole understeer thing at the slightest hint of rear end slide, unfortunately inherent in this flavor of AWD's.
But once the 996 GT3 come down a bit more I think it will be by far the best value proposition. That car is the essence of visceral, as in no sunroofs. All wits about you need to drive it.
Old 06-26-2013, 02:51 PM
  #109  
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Depending on condition, vehicle maintenance etc.. the 997 will always be worth more than a 996. I don't think these values will ever go under $25k. Things will get interesting once the price point meets the 80's Carrera prices. From a PCA guy who goes to the track seldomly, The 997 will be the car to get once you're done with an earlier year. You can drive faster in a 997, therefore getting you out of green and into blue easier... etc... I know many will think it doesn't matter, but I think it does. I hope that we see more DIY type forum topics on these 997s.
Old 06-26-2013, 02:56 PM
  #110  
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Originally Posted by Palumbo
Depending on condition, vehicle maintenance etc.. the 997 will always be worth more than a 996. I don't think these values will ever go under $25k. Things will get interesting once the price point meets the 80's Carrera prices. From a PCA guy who goes to the track seldomly, The 997 will be the car to get once you're done with an earlier year. You can drive faster in a 997, therefore getting you out of green and into blue easier... etc... I know many will think it doesn't matter, but I think it does. I hope that we see more DIY type forum topics on these 997s.
Here's a list of DIY's postings if you'd like to take on some 997 maintenance/mod projects.

https://rennlist.com/forums/997-foru...ech-index.html
Old 06-26-2013, 03:20 PM
  #111  
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^^^wow... Thanks!
Old 06-26-2013, 04:13 PM
  #112  
jumper5836
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Originally Posted by perfectlap
And you would be impressed with how absolutely clean some of the Metzger-engined 996 Turbos for sale are. A quick search last week pulled a handful with mileage well under 40K miles in the low $40K's. A couple, also immaculate, with barely 40K miles (a cakewalk for such an engine) were even under $40K. Only caveat is that whole understeer thing at the slightest hint of rear end slide, unfortunately inherent in this flavor of AWD's.
But once the 996 GT3 come down a bit more I think it will be by far the best value proposition. That car is the essence of visceral, as in no sunroofs. All wits about you need to drive it.
That's is what I did. It is the best Porsche for the buck. Mine also came with PSS10 suspension, 500 hp and a nice exhaust sound. After a track alignment was done it is an amazing beast.
Old 06-26-2013, 04:16 PM
  #113  
perfectlap
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Originally Posted by Palumbo
Depending on condition, vehicle maintenance etc.. the 997 will always be worth more than a 996. I don't think these values will ever go under $25k..
997 would have to be a vastly superior/faster/more reliable Carrera vs. 996 to command a significant premium above a 996 of similar condition. A marginal premium above the 996 sure, each new water-cooled Porsche is afterall an improvement upon the previous.

BUT... there is absolutely no escaping the quandry of long-term supply and what will always be a very limited pool of potential second hand Porsche buyers.

Too many cars not enough buyers.

That means that unless 997 owners decide it's not worth it to them to sell their 997s and keep them forever, and quiet a large % of current owners would have to feel this way, thereby constricting supply indefinitely, then 997 will most certainly fall below $25K, or whatever the market is willing to pay for an out-of-warranty, expensive to maintain (relative to the performance provided) German sports car.

I think this where having a Metzger or not will bring out the enthusiasts, particularly the track/cone dodging, to pay above the sinking market avg.

The other factor is exactly how many 991 are going to be sold, that's still a question. If they are really strong, and all indications are that this will be just as good on sales as the 996 and 997, then it will be the post-warranty first choice, espeically the easy to service manual cars.
Old 06-26-2013, 04:17 PM
  #114  
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Originally Posted by jumper5836
That's is what I did. It is the best Porsche for the buck. Mine also came with PSS10 suspension, 500 hp and a nice exhaust sound. After a track alignment was done it is an amazing beast.
Can you convert a Turbo to RWD? I tink I saw a DIY post like this on a 996 C4S.
Old 06-26-2013, 04:29 PM
  #115  
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Originally Posted by perfectlap
Can you convert a Turbo to RWD? I tink I saw a DIY post like this on a 996 C4S.
Yes, it's the same thing as with the 996 C4S. Drops 100 lbs of the car.
Old 06-26-2013, 06:39 PM
  #116  
perfectlap
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are you going to do it? Sounds like you've got infinite suspension settings you can set up with the PSS10 in place already.

This strategy sounds tempting to me. Metzger and RWD for a song without the street driving limitations of a GT3. That's a Pcar that will last a really long time for the cost basis.

Last edited by perfectlap; 06-26-2013 at 07:57 PM.
Old 06-26-2013, 09:54 PM
  #117  
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Interesting and historic thread.

Seems like 997 prices are holding up well and good specimens are incredible values. 991 prices and low volumes in 07 thru 10 are helping. The 991 and 997 look pretty similar, and 997 doesn't look dated. Porsche nailed it with the 997.
Old 06-26-2013, 10:40 PM
  #118  
ilko
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Originally Posted by Palumbo
You can drive faster in a 997, therefore getting you out of green and into blue easier... etc... I know many will think it doesn't matter, but I think it does.
Then I guess me just showing up at the next DE will automatically get me in black or maybe I should sign up as an instructor to get in the red group

On a more serious note, yes 997s will depreciate quite a bit, but not as much as 996s. Not only are they better built and prettier, but the MSRP difference between a 997 and a 991 is astronomical, that also plays a role in resale. But let's not forget that Porsche sold more 997s than 996s and oversupply might play a role in driving prices down.
Old 06-27-2013, 04:35 AM
  #119  
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Originally Posted by Edgy01
... The 997 is the last true Porsche.
How many times has this been said about a Porsche model? I thought the 993 was the last true Porsche, or was it the...

Hold the car for 50-75 years and it will be worth well more than you paid. Put it in a barn for 100 years and your great, great grandchildren can retire comfortably.
Old 06-27-2013, 09:51 AM
  #120  
jumper5836
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Originally Posted by perfectlap
are you going to do it? Sounds like you've got infinite suspension settings you can set up with the PSS10 in place already.

This strategy sounds tempting to me. Metzger and RWD for a song without the street driving limitations of a GT3. That's a Pcar that will last a really long time for the cost basis.
Right now, no plans. I have thought about it but I still need the car for winter and unless I dedicate the car to just the track and summer I'd keep the AWD. Also I have crashed a 997 GT3 in the rain just accelerating too hard on a straight. That woke me up to the fact that if I had AWD that would have never happened and it's saved me at least 3 times hitting coolant spills on/off the track and if I only had RWD I would have also crashed.


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