Question about 997.1 and 997.2 values in about 7 or 8 years time, hope you can help
#16
RL Community Team
Rennlist Member
Rennlist Member
Actually, I predict that you might find better prices on 991.1 cars in that time frame than 997s. 997 GTS prices and 991 prices are already getting closer together, and unless you want a more GT feeling car, there really isn't anything special about the 991 that differentiates it from the newer ones. Now if the 911 line goes to turbo 4s or only hybrids in the future, that could change.
#17
Three Wheelin'
These guys get it. This is a silly exercise even for the internet itself. And the internet is a damn silly place. This is taking it to that next level.
#18
Rennlist Member
^ Yes lots of silliness in this thread.
One advice that I'll give you is that .2's will always be worth more than .1's. Doesn't matter how far in the future you want to go. They'll always be worth more.
One advice that I'll give you is that .2's will always be worth more than .1's. Doesn't matter how far in the future you want to go. They'll always be worth more.
#19
Instructor
Don't try to catch a falling knife. Buy what you can afford right now and enjoy it. Stories have been told for ages of people who tried to save for something down the road only to find out when they finally had money to buy at yesterdays prices that today's prices were higher. Buy, enjoy, upgrade when you can.
#20
Great, thanks for all yiour replies,. Belive it or not I have actually found all (well, most!) of your replies very helpful and has helped me figure a few thinngs out. thanks.
That was this easy bit, learning to navigate this site and post a reply now that is another matter....
Right then, I''m off to get some sun
That was this easy bit, learning to navigate this site and post a reply now that is another matter....
Right then, I''m off to get some sun
#21
Race Car
Your run of the mill (non-GT 2&3) 997 will probably never appreciate. 997s are part of the new Porsche that makes many thousands of cars. They will depreciate in a similar manner to 996s, although I don't think they'll drop as low. The time to buy is when they are at the bottom of the deprecated curve. .1s are there now, .2s are getting there pretty quickly.
#22
Rocky Mountain High
Rennlist Member
Rennlist Member
I think it's also important to consider the fact that most people who buy 997s drive them, as opposed to storing them as an "investment car". Sure, there will be some cars that are stored for 25 years and have less than 5,000 miles on the odometer, but they will be the minority.
It is impossible to predict the future. I've seen a great example over in the Ferrari world, as I've been shopping for an older Ferrari (wife thinks I'm crazy). Much like Porsche, Ferraris are moving away from manual transmissions. There was a feeling among the Ferrari faithful that the older cars with a manual transmission would skyrocket in value because a true enthusiast would want a Ferrari with a manual transmission and a gated shifter. This is very similar to a sentiment that I often hear expressed by 997 Turbo owners; many feel that their cars will skyrocket in value because the 991 Turbos aren't offered with a manual transmission. This simply hasn't proven to be true with Ferraris. You can buy a well-sorted older car with a manual transmission for a "reasonable" price. I've been looking at the mid to late '90s 355 cars, and you can find nice examples between $50K and $75K with a manual transmission. These cars were produced in far lower numbers than the 997.
There's just no way to know....
It is impossible to predict the future. I've seen a great example over in the Ferrari world, as I've been shopping for an older Ferrari (wife thinks I'm crazy). Much like Porsche, Ferraris are moving away from manual transmissions. There was a feeling among the Ferrari faithful that the older cars with a manual transmission would skyrocket in value because a true enthusiast would want a Ferrari with a manual transmission and a gated shifter. This is very similar to a sentiment that I often hear expressed by 997 Turbo owners; many feel that their cars will skyrocket in value because the 991 Turbos aren't offered with a manual transmission. This simply hasn't proven to be true with Ferraris. You can buy a well-sorted older car with a manual transmission for a "reasonable" price. I've been looking at the mid to late '90s 355 cars, and you can find nice examples between $50K and $75K with a manual transmission. These cars were produced in far lower numbers than the 997.
There's just no way to know....
#23
Rennlist Member
Tom - Tell us a little about yourself. Planning to buy 8-9 yrs out is interesting and probably not that unusual. I'm a classic case of deferred gratification as I've wanted one all my life, had funds in hand in my 30's but didn't buy until 54. Crazy, no?
#24
RL Community Team
Rennlist Member
Rennlist Member
Bingo.
When the Z3/M Coupe (a.k.a. Clown Shoe) was announced I said 'ah-ha', an instant classic and ran one for a few years with an expectation of riches.
But despite my brilliant investment acumen, they depreciated like any car out there, and I sold it.
Then some years later, the market turned around (especially for the S54 engined model) and now they're making money...
I was only 15 years late.
Karl.
PS: Stolen/scraped pic for those unfamiliar with it:
PPS: And then there's the story of a local cherry 964 RS lookalike (lowered, recaro PPS with hounds-tooth, rear seat delete, etc.) I could have picked up for mid-$30Ks roughly 5 years ago and I said to myself 'feels a bit too much'. Take me out and shoot me now...
When the Z3/M Coupe (a.k.a. Clown Shoe) was announced I said 'ah-ha', an instant classic and ran one for a few years with an expectation of riches.
But despite my brilliant investment acumen, they depreciated like any car out there, and I sold it.
Then some years later, the market turned around (especially for the S54 engined model) and now they're making money...
I was only 15 years late.
Karl.
PS: Stolen/scraped pic for those unfamiliar with it:
PPS: And then there's the story of a local cherry 964 RS lookalike (lowered, recaro PPS with hounds-tooth, rear seat delete, etc.) I could have picked up for mid-$30Ks roughly 5 years ago and I said to myself 'feels a bit too much'. Take me out and shoot me now...
#26
Burning Brakes
I feel very strongly that electric cars and those with autonomous driving features will capture the car market in 10 - 20 years. So, my plan was to buy the car with the biggest, nastiest engine I could find, like a Viper or a Z06 or a Demon. But, I'll be dead by then, so to hell with that idea. I'll get a Porsche instead and just enjoy it. But, I still think the idea has merit.