Thoughts on price of 997.1 Turbo
#16
Instructor
Thread Starter
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!
#17
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.
#18
Instructor
Thread Starter
$75k is the number I have in my head as well. Hopefully I can see the vehicle soon.
#19
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.
#20
Rennlist Member
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.
Good ones are still out there but you definitely do not go in with KBB pricing :-)
#22
Rennlist Member
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.
#23
Rennlist Member
It is definitely keeper and will remain as a detail / garage queen.
#24
Rennlist Member
#25
Instructor
Thread Starter
#26
Rennlist Member
#28
Three Wheelin'
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.
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.
#30
Rennlist Member
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