Zeus993

What - no pics? Pony up pal! Looks like you and I paid a similiar price. What options did the original owner put on it?

Joel

dawich

Hmmm. Sorry I thought I posted pics. Sport Chrono, Active seats, aluminum interior, illuminated turbo door sills, 6spd man.
[ATTACH][/ATTACH]

phillipj

Not in Los Angeles it won't.. Maybe $70k or less..

Dans996tt

If you buy new you are going to lose 2/3 by the 8 year point. I just bought a flawless low mile X50 PCCB 04 with a sticker of $162,400 for 53K, 33% of new. Previous owner lost 109k!

Dan

aa909

I think yours is a general statement and a lot will depend on the mileage and condition of the car. Additionally, and only IMO ofcourse, I believe the 977.1 turbos are relatively more desirable than the 996 models for various reasons, especially when compared to the headlight configuration and interior cabin aesthetics of the 996

For example I doubt you will be able to find an 07 turbo that is in great condition with 40k miles with an MSRP of $140k selling for $45k in 2014-2015

jhbrennan

Very few automobiles appreciate in value so saying the owner "lost 109k" isn't really accurate. When you sell this car in 8 years for 5K (just a guess) are you going to feel like you lost 48k?

Dans996tt

I have lost plenty on new cars but I bet this turbo is worth the same in 8 years as it is now, it's already depreciated.

Dan

aa909

The best way to make a small fortune buying sports cars is to start with a large fortune

Sobrut911

Depreciation is like death, it's inevitable and worrying about it isn't going to help. It's only going to ruin your day. If you really want to ruin your day do what some boat owners do, add up all the costs of ownership e.g. Sales tax, depreciation, insurance, maintenance, repairs, fuel, slip fees, winterization, etc., and divide it by the number of hours used/ miles. I did it once and was amazed. Regardless, I came to the conclusion that it was worth every penny. I accepted the fact that this car was going to cost me a lot of money when I bought it . The way I look at it is that depreciation on a car isn't any worse than depreciation on a carribean vacation, after the week is over it's depreciated $7000, but you had a lot of fun and have some great memories. Same goes for that $100 dinner. Just remember you can't take it with you when you die-the cash or the car.

Lance 4c

What Sobrut911 said!

Terry Adams

Did it once on my 993 at 100K miles from new.

$1.22/mile for about 16K miles/year. Of which depreciation was the largest.

Never will do the spread sheet again.

Zeus993

This is where many of us love the deals on slightly used well optioned models. A good chunk of the depreciation has already occurred and a good well cared for example will still look, smell, and drive like new. It would be interesting to examine the depreciation from the SECOND owner onwards...

aa909

I love this comparison. Going to use it next time my wife complains about my crack... I mean car habit!

Dans996tt

OMG don't bring my 40' Tollycraft into this, we count expenses by how many boat units ($1,000) something costs.

Dan

mlambert890

You think an 04 996 T will be worth 53k in 8 years? Well here's hoping, but Id strongly suggest you not bet on it. If you maintain it flawlessly and refrain from driving it too much, Id suspect maybe in 8 years it would fetch low 40s

The 996 will always suffer because it is sandwiched in between the canonized 993, forever worshipped by super Porschephile elitists as the "last real 911", and the 997 which will always be the newer, better, less hated car.

You wont take the bath that the original owner took, but then since he was able to spend almost $200k for a new car (and by definition I doubt this was very much $ for him), and had the prestige of owning such a beast new, and was able to still get north of $50k when he finally decided to sell it, I suspect he's doing ok

The guys who buy these cars new are in another category and couldnt care less about depreciation. Thank goodness otherwise there would be no secondary market where the unwashed masses could get the opportunity to own them a decade or so on