Alapor

Been a lot of talk about current values, but, just curious what you guys think the market will do in three to five years. I bought my 997.2 Carrera 3 1/2 years ago, and it has only really depreciated maybe 5000.00 from what I bought it for. I tend to sell every 3-5 years, usually closer to 3. What do you think the 997 TT will do in the next 3-5 years? How about 6spd vs Tip?

I bought a 6 spd for a couple of reasons. I like to shift, part of the fun. I also see they are holding value better than Tips. A new manual is now hard to find in any brand, and even Porsche is down to the GT3. Doing some research, and in all high end cars, from Lambos to Porsche to Ferrari, in the used market, the manuals are holding there values way more than Tips of paddles. So, with very few manuals being produced by anyone, and good, clean versions of used ones getting rarer and rarer, curious how our cars will do in the future.

I was told 80% of 997TT produced were Tips vs Manuals. Porsche even advertised the tip was faster when the 997 came out as the writing was on the wall for the manuals demise. Not sure if true, but seems way more tips are always for sale.

Thoughts?

TBarrow

For the 997.1 there were 4286 manuals made, and 2906 Tiptronics.

Alapor

Really? Wow. Very cool info. Wonder why the Tips are not getting what the manuals are on the market? And how does that effect the value in 3-5 years.

Skwerl

Manuals across the board are bringing more money these days since they're getting harder and harder to buy new.

nzskater

The market for tips is controlled by whales. They're keeping the price down, waiting for the right moment to pump the price up and dump their assets.

usrodeo4

I looked at the depreciation curve on the 997.1 TT before I bought mine just a few weeks ago...I didn't save the data I accumulated (I kinda wish I would have, but it was just in rough numbers form and I did most of the math in my head), but to me it looked like the 997.1 TT, especially with manuals, had already stopped depreciating and were starting to increase in value. That is one reason I decided to buy one. My expectation is that I can keep mine for 3 years, then sell it and basically just pay peanuts for owning a 997 Turbo for a few years. Of course that assumes I keep the mileage modest (I bought mine with 23K and figure 2k a year so I'll be selling it when it is still under 35K). My 2 cents anywho.

993MAN

I would never buy a car thinking it would go up in/or hold value....never.
If my car gets a good price if and when I sell it I'd be stoked, but the fun factor is worth more than a small return too me.
Some guys with semi rare aircooled cars are almost scared to drive there cars in fear of raising the mileage. yeh, nah

soundbehindyou

I too think they have bottomed out. As for the future? Always related to economy and a bit related to production numbers. 997Turbos? There were quite a few made. As long as the economy holds, we are OK, if it tanks than we could be driving paper weights. Lots of manuals out there, but in the Turbos, you did not get PDK until 2010. So, if you are concerned with future values, manual coupes tend to do better.

Alapor

I am a little different. I want a fun car I can drive but also one I will not take a bath on. Plenty of cars match Porsche performance, but do not hold value. For me, the 997 TT is a perfect car for both, fun as hell to drive and if it depreciates, it will not be much. It is still a very competitive car compared to new performance cars. Other than the 996, Porsche 911 tend to hold value much better than similar cars. I am not worried about putting miles on mine as I know it will still get a good penny when I sell it.

mizike

Ever since I got into the Porsche brand via my Macan GTS a couple of years ago I’ve been studying the market on the 997 turbos. And yes indeed, the market seems to have bottomed out and now would be a good time to buy.

Also, I believe there’s some additional value with 997.1 turbos as they are Mezger engines.

If I was to get one, i too look at the 997 turbos as a semi-DD hyper sports car. That 480 hp for a 10 year old car still amazes and I think one can be scored for $60k-$70k.

Alapor

I think the Mezger and M97 engines of this time period were great (except the IMS beariing on the M97). Plus, it might be 480 hp, but takes very well to mods and getting 600 hp+ is relatively easy.

usrodeo4

You may have misinterpreted my post or maybe I didn't add enough detail. When I said I anticipate getting to own/drive a 997 TT for several years for peanuts and that was one of the reasons I bought it, the Fun factor is implied...definitely is the primary reason I buy fast cars, for the fun. But expecting to be able to sell in 3 to 4 years and break even financially is a damn nice bonus.

Alapor

I lost a whopping 3000.00 on my 997.2 carrera after owning it for 4 years. I can see 997 TT's at least holding their value over the next 3-5 years, and maybe manuals going up a tick. I buy Porsche's for various reasons, but a big one is they do not depreciate. See what a GTR is worth after 10-11 years, or a Gallardo, or a Vantage. Not many cars hold value like a Porsche.

Britzky9

I found this somewhat psychologically reinforcing prior to my purchase last November...

GarrettSR5

Bump