Notices
997 Turbo Forum 2005-2012
Sponsored by:
Sponsored by:

Thoughts on price of 997.1 Turbo

Thread Tools
 
Search this Thread
 
Old 07-12-2018, 01:31 PM
  #16  
Nyuofa
Instructor
Thread Starter
 
Nyuofa's Avatar
 
Join Date: Jan 2018
Location: AZ
Posts: 119
Received 51 Likes on 18 Posts
Default

Any members here who would be nice enough to share some Mannheim data regarding a 2007 Turbo with options similar to what I have listed (short shifter, extra leather steering wheel, Sport Chrono, aluminum package, illuminated door sills)? Thank you!
Old 07-12-2018, 01:42 PM
  #17  
USNA12
Banned
 
USNA12's Avatar
 
Join Date: Mar 2017
Posts: 872
Received 31 Likes on 26 Posts
Default

If you can get it for 75K I would jump on it. These cars are amazing. Then get a warranty, the only reason why I was ok with my car was because the owner had about $20k+ in all mods I would want done myself, and a warranty for a few more years and now 36k more miles.
Old 07-12-2018, 01:52 PM
  #18  
Nyuofa
Instructor
Thread Starter
 
Nyuofa's Avatar
 
Join Date: Jan 2018
Location: AZ
Posts: 119
Received 51 Likes on 18 Posts
Default

Originally Posted by USNA12
If you can get it for 75K I would jump on it. These cars are amazing. Then get a warranty, the only reason why I was ok with my car was because the owner had about $20k+ in all mods I would want done myself, and a warranty for a few more years and now 36k more miles.
$75k is the number I have in my head as well. Hopefully I can see the vehicle soon.
Old 07-12-2018, 02:20 PM
  #19  
atcbi5
Banned
 
atcbi5's Avatar
 
Join Date: Jun 2008
Location: Florida
Posts: 1,988
Likes: 0
Received 106 Likes on 83 Posts
Default

Offer 62k and walk away. These cars are not worth anything past 70k regardless of mileage. Get a 997.2 and you will quickly save yourself thousands and many nights of agony.
Old 07-12-2018, 02:38 PM
  #20  
TTG
Rennlist Member
 
TTG's Avatar
 
Join Date: Mar 2013
Location: PNW
Posts: 444
Received 128 Likes on 84 Posts
Default

Originally Posted by SOFLA911TARGA
I just picked up a Black 2007 997TT 6 spd with 14k miles one-owner for $80k. These deals are out there, they were asking $92k for it and I came with a cash offer. These cars are certainly going up in value especially the manual shifts. I sold my 993 to get one of these with no regrets. I believe the 997.1 Turbo's is the next wave to pop just like the 993 Turbo's, I'm not a fan of the 996 Turbo's at all.
Congratulations on the new car and you are spot on. My new to me 997TT w/ 6 speed just got delivered to me from its original owner with only 6K on the clock.

Good ones are still out there but you definitely do not go in with KBB pricing :-)
Old 07-12-2018, 02:58 PM
  #21  
MEZGER-TT
Rennlist Member
 
MEZGER-TT's Avatar
 
Join Date: Dec 2009
Posts: 119
Received 15 Likes on 11 Posts
Default

You killed it TTG, how much did you pick up the beast for? 6k miles is a keeper, any modifications or stock?
Old 07-12-2018, 02:59 PM
  #22  
pfbz
Rennlist Member
 
pfbz's Avatar
 
Join Date: Jul 2012
Location: US
Posts: 7,721
Received 2,886 Likes on 1,535 Posts
Default

Originally Posted by Nyuofa
Any members here who would be nice enough to share some Mannheim data regarding a 2007 Turbo with options similar to what I have listed (short shifter, extra leather steering wheel, Sport Chrono, aluminum package, illuminated door sills)? Thank you!
Manheim isn't great at nailing the value of these cars either, largely because they lump in tiptronics and six speeds. Here's a Manheim report, but notice how many of the recent transactions were tiptronics (6GT/A) and what the most recent six speed sold for ($75K).

Prices on 997.1 Turbos are definitely trending upwards (as are 996 Turbos). Honestly as much as I like 997 Turbos and the .1 Mezger, $80K for 997.1TT in anything less than a PERFECT car in a PERFECT color with zero stories or issues is way more than I'd pay.

I'll also comment that I think the highest values are for unmodified cars, and the Tucson car has some mods... They might be high quality mods, but if the original wheels, springs, headers, exhaust and tips are not included with the car, the mods likely reduce value rather than increase, regardless of their original cost.


Old 07-12-2018, 03:08 PM
  #23  
TTG
Rennlist Member
 
TTG's Avatar
 
Join Date: Mar 2013
Location: PNW
Posts: 444
Received 128 Likes on 84 Posts
Default

Originally Posted by SOFLA911TARGA
You killed it TTG, how much did you pick up the beast for? 6k miles is a keeper, any modifications or stock?
Thank You, for once I lucked out. It is bone stock, in as delivered condition. Owner had his local P dealer service the car as if it was being certified prior to selling to me. (New tires, TPMS, new fluids, even a new front lip as the original had a small scuff on it).

It is definitely keeper and will remain as a detail / garage queen.
Old 07-12-2018, 04:09 PM
  #24  
pfbz
Rennlist Member
 
pfbz's Avatar
 
Join Date: Jul 2012
Location: US
Posts: 7,721
Received 2,886 Likes on 1,535 Posts
Default

Originally Posted by SOFLA911TARGA
You killed it TTG, how much did you pick up the beast for? 6k miles is a keeper, any modifications or stock?
Originally Posted by TTG
Thank You, for once I lucked out. It is bone stock, in as delivered condition
I understand it's a little bit gauche to talk about prices paid, but it sure helps with pricing discussion. Yours looks to be a very top--of-market car, would be helpful to have a price stake in the ground for a like that...
Old 07-12-2018, 04:14 PM
  #25  
Nyuofa
Instructor
Thread Starter
 
Nyuofa's Avatar
 
Join Date: Jan 2018
Location: AZ
Posts: 119
Received 51 Likes on 18 Posts
Default

Originally Posted by atcbi5
Offer 62k and walk away. These cars are not worth anything past 70k regardless of mileage. Get a 997.2 and you will quickly save yourself thousands and many nights of agony.
Dont banks use NADA to determine what they can loan up to?
Old 07-12-2018, 04:53 PM
  #26  
pfbz
Rennlist Member
 
pfbz's Avatar
 
Join Date: Jul 2012
Location: US
Posts: 7,721
Received 2,886 Likes on 1,535 Posts
Default

Originally Posted by Nyuofa
Dont banks use NADA to determine what they can loan up to?
Most banks don't do loans on 11 year old cars, and the go-to places for loans on older and specialty cars (woodside for example) know how to value a car beyond the NADA book...
Old 07-12-2018, 05:02 PM
  #27  
TT Surgeon
Race Director
 
TT Surgeon's Avatar
 
Join Date: Oct 2004
Location: KC ex pat marooned in NY
Posts: 13,005
Likes: 0
Received 17 Likes on 17 Posts
Default

PFS will do 15 yrs, also jjbest and USAA, the latter uses nada values.
Old 07-12-2018, 05:03 PM
  #28  
Bloose993TT
Three Wheelin'
 
Bloose993TT's Avatar
 
Join Date: Jan 2011
Location: Los Angeles
Posts: 1,713
Received 131 Likes on 94 Posts
Default

Originally Posted by pfbz
Manheim isn't great at nailing the value of these cars either, largely because they lump in tiptronics and six speeds. Here's a Manheim report, but notice how many of the recent transactions were tiptronics (6GT/A) and what the most recent six speed sold for ($75K).

Prices on 997.1 Turbos are definitely trending upwards (as are 996 Turbos). Honestly as much as I like 997 Turbos and the .1 Mezger, $80K for 997.1TT in anything less than a PERFECT car in a PERFECT color with zero stories or issues is way more than I'd pay.

I'll also comment that I think the highest values are for unmodified cars, and the Tucson car has some mods... They might be high quality mods, but if the original wheels, springs, headers, exhaust and tips are not included with the car, the mods likely reduce value rather than increase, regardless of their original cost.


There is only one manual recently at Manhiem and it was Blk. Rated 4.2: sold for $75k with 29k miles to give anyone an idea of the market.
Old 07-12-2018, 05:05 PM
  #29  
TT Surgeon
Race Director
 
TT Surgeon's Avatar
 
Join Date: Oct 2004
Location: KC ex pat marooned in NY
Posts: 13,005
Likes: 0
Received 17 Likes on 17 Posts
Default

Originally Posted by atcbi5
Offer 62k and walk away. These cars are not worth anything past 70k regardless of mileage. Get a 997.2 and you will quickly save yourself thousands and many nights of agony.
I don't think that's accurate at all.
Old 07-12-2018, 05:54 PM
  #30  
TTG
Rennlist Member
 
TTG's Avatar
 
Join Date: Mar 2013
Location: PNW
Posts: 444
Received 128 Likes on 84 Posts
Default

Originally Posted by pfbz
I understand it's a little bit gauche to talk about prices paid, but it sure helps with pricing discussion. Yours looks to be a very top--of-market car, would be helpful to have a price stake in the ground for a like that...
If the OP gets that car for $75K he will do really good. There is a member in here asking $90K for his 18K mile no stories clean car. It is gorgeous.

A local dealership where I live has a 9K example for $109K and they are not negotiating on the price at all.

IMO, depending on the location, a low mile, no stories car will fetch more than $80K. That's just what the market is these days.

Take a look at this dealership (link below). They have several 997 TTs in various conditions and they move them pretty quick.

Park Place 911TT inventory


Quick Reply: Thoughts on price of 997.1 Turbo



All times are GMT -3. The time now is 12:25 PM.