Will the 997's depreciate as badly as the 996?
#107
Rennlist Member
+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.
#108
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.
#109
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.
#110
Drifting
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.
https://rennlist.com/forums/997-foru...ech-index.html
#112
Nordschleife Master
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.
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.
#113
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.
#114
#115
Nordschleife Master
#116
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.
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.
#117
Rennlist Member
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.
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.
#118
Agent Orange
Rennlist Member
Rennlist Member
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.
#119
Addict
Lifetime Rennlist
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Lifetime Rennlist
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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.
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.
#120
Nordschleife Master
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.
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.