997 TT market
#31
Drifting
The market is all over the place, it all depends on Carfax history, automatic manual, mileage, color combo and year. A 2007 Tip in dark green with over 60k miles and a bad carfax should be in the 50's, while an 09, in white, 6spd / chrono, with 18k miles should still be in the 90's.
I purchased my 2008 1 owner, clean carfax, 58k miles, 6spd / chrono, $147k sticker, excellent condition - $63500 from a dealer in Arizona. The reason my car was so cheap is because of the undesirable color, its Macadamia Metallic / Natural Brown.
I purchased my 2008 1 owner, clean carfax, 58k miles, 6spd / chrono, $147k sticker, excellent condition - $63500 from a dealer in Arizona. The reason my car was so cheap is because of the undesirable color, its Macadamia Metallic / Natural Brown.
I would pay up for that, but that's me...
#32
Intermediate
Join Date: May 2013
Location: Boulder, CO area
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Just went down the same road that you're on. As others have mentioned, there are almost always issues with the cars in the $60's. These cars typically have some combination of the following:
1. high mileage relative to other cars on the market - 40K-50K miles isn't a lot, but an abundance of cars below 20K exert downward pricing pressure
2. mods - many buyers enjoy doing their own mods or want cars with no mods
3. rough exterior/interior condition
4. 3+ owners
5. auction sales
6. lease cars
7. overrevs in the 4,5 or 6 ranges
8. paint/body work
9. interior options/colors that don't have broad market appeal
Summary of recent data points - should give you an idea of the market (all 6spd with sport chrono):
1. 2007 27K miles, had a deal at $76K, buyer backed out during PPI
2. 2009 19K miles, CPO - P dealer wouldn't budge on $89K asking price
3. 2008 580 miles, Aero package - seller offered $94, I offered $90K (seller later came down to $90K)
4. 2009 17K miles, $18K in options, seller offered $87K, I offered $86
5. 2008 17k miles, P dealer offered at $80K, passed due to to range 5/6 overrrevs
6. 2008 1800 miles, CPO car, negotiated to $88K, it sold before I could finalize
7. 2008 1280 miles, bought it for $85K
Other than 6 spd and Sport Chrono, options seem to have little effect on market value. Some like the Sport Adaptive seats but I plan to swap to lighter seats eventually, so wasn't a big deal.
1. high mileage relative to other cars on the market - 40K-50K miles isn't a lot, but an abundance of cars below 20K exert downward pricing pressure
2. mods - many buyers enjoy doing their own mods or want cars with no mods
3. rough exterior/interior condition
4. 3+ owners
5. auction sales
6. lease cars
7. overrevs in the 4,5 or 6 ranges
8. paint/body work
9. interior options/colors that don't have broad market appeal
Summary of recent data points - should give you an idea of the market (all 6spd with sport chrono):
1. 2007 27K miles, had a deal at $76K, buyer backed out during PPI
2. 2009 19K miles, CPO - P dealer wouldn't budge on $89K asking price
3. 2008 580 miles, Aero package - seller offered $94, I offered $90K (seller later came down to $90K)
4. 2009 17K miles, $18K in options, seller offered $87K, I offered $86
5. 2008 17k miles, P dealer offered at $80K, passed due to to range 5/6 overrrevs
6. 2008 1800 miles, CPO car, negotiated to $88K, it sold before I could finalize
7. 2008 1280 miles, bought it for $85K
Other than 6 spd and Sport Chrono, options seem to have little effect on market value. Some like the Sport Adaptive seats but I plan to swap to lighter seats eventually, so wasn't a big deal.
'08 911TT, White/Cocoa Brown, 6 speed, LSD, S. Chrono - all stock
#35
Rennlist Member
#37
Yep, I bought it from Symbolic in La Jolla. I had no intentions of buying a TT, but when I saw it while browsing the dealership, I had to have it. So glad I bought it, it's really a great machine. Beautifully subtle and exotic at the same time. I wasn't a Porsche guy, but that has all changed now.
#38
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Yep, I bought it from Symbolic in La Jolla. I had no intentions of buying a TT, but when I saw it while browsing the dealership, I had to have it. So glad I bought it, it's really a great machine. Beautifully subtle and exotic at the same time. I wasn't a Porsche guy, but that has all changed now.
I'm stuck trying to decide if I want a 997.1 manual or a 997.2 PDK though....so I couldn't pull the trigger on that one when I saw it.