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So when do the 997 Turbo's begin to appreciate?

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Old 12-12-2014, 01:18 PM
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strato58
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Default So when do the 997 Turbo's begin to appreciate?

Can they really be that far behind the 993's? Especially the limited number manual transmission cars. $140,000 for a 993 or $75,000 for a 997? Any thoughts?
Old 12-12-2014, 05:36 PM
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Dennis C
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I don't think it will happen until the 6MT cars have been unavailable for another 10 years. You can still find them now in excellent, low mileage cars. Once the existing cars get a little more wear and we get further down the PDK road, then we might see some appreciation. I don't know if the appeal of a manual transmission or a Mezger engine will drive appreciation like the last of the air-cooled engines, but you never know. We might even see the 996 TT appreciate in value at some point...
Old 12-12-2014, 06:26 PM
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strato58
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Why do I feel that with the prices of the early cars (993 and 930)being so very high the 997's are being given away at current pricing. 996 is not desirable and the new 991's ones are sky high. 997 looks great, performs great and seem cheap at current levels.
Old 12-12-2014, 07:50 PM
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They are getting close to bottom for 2007-2008 models. 2009 not far behind.

2010-2013 are still asking strong dollar because of warranty and price of 991 TT...

It will be some time until people figure out how good these things are.... manuals will become harder to find.

I am holding out for a 997.2 TTS PDK cabrio when they bottom as it really is a nice all round 911.
Old 12-12-2014, 10:25 PM
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Igooz
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Originally Posted by strato58
Can they really be that far behind the 993's? Especially the limited number manual transmission cars. $140,000 for a 993 or $75,000 for a 997? Any thoughts?
Yes, a day after I sell my car...
Old 12-12-2014, 10:26 PM
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EDEZ TT
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It's such a global marketplace today, I could easily envision 997tt prices rapidly spiking if the demand increases in Germany and elsewhere. Europeans also are more willing to spend more for a vehicle driven more miles (Km).

I've been in my friend's 993 turbo while tearing up the roads in the Swiss alps and compared to our cars it is smaller and feels more purposeful for spirited driving. The 997tt strikes a nice balance of exotic car performance and drivability with more driver involvement than a 991. To my eye the 993 and 997 are better looking than the 996 and 991 too.

I purchased my 997tt with the intent to buy and hold. So far I've been rewarded with a great and reliable car with little depreciation.
Old 12-12-2014, 11:14 PM
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dfwporsche
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Far too many 997TT's were made. They wont appreciate anytime soon.
Old 12-13-2014, 01:00 AM
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I disagree, yes they made a lot of them, but it's also the last of the good engine and tranny combos. I think they will climb rapidly within 5 yrs. The 996tt will continue to lag behind, no matter what happens to the 997tt(.1).
Nice 930 targa btw!
C
Old 12-13-2014, 01:43 AM
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HkPlinker
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I will let your guys know when I sell my 2008 TT, then you guys can buy the rest up. It never fails. Ask me about my 1965 Shelby 350, or the 69 Boss 429, or the 930, oh, how about my 1969 911S, or my 70 GT-500 convertible. To be fair, I had a Merkur Scorpio . . .
Old 12-13-2014, 02:59 AM
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acf
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Will the .2 not be as desirable with the DFI engine, or more desirable with the updated looks, suspension, and tech?
Old 12-13-2014, 04:19 AM
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tcsracing1
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Originally Posted by acf
Will the .2 not be as desirable with the DFI engine, or more desirable with the updated looks, suspension, and tech?
I think any 997 turbo with a manual will be desirable...

Perhaps in 20 years the Mezger might get the nod due to it being easier to rebuild?
Old 12-13-2014, 04:24 AM
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Dennis C
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Agreed. The manual transmission will be the thing that drives the value.
Old 12-13-2014, 07:04 AM
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Originally Posted by EDEZ TT
It's such a global marketplace today, I could easily envision 997tt prices rapidly spiking if the demand increases in Germany and elsewhere. Europeans also are more willing to spend more for a vehicle driven more miles (Km).
European 'Collectors' (those that drive up the prices) are always looking for the garage queen with low miles. Same as US. The higher the mileage the lower the price.
Euro folk only shop in America if there is no or very little supply in EU anymore. I do not think a US spec 997 turbo will increase in value because of Europe.

Originally Posted by dfwporsche
Far too many 997TT's were made. They wont appreciate anytime soon.
Not true , look at the total numbers produced. 35 to 40% of those are manuals. Than deduct cabrio's. The amount of manual coupe's produced are far from 'too many'.
One should deduct the cabrio for a fair comparison to 993 turbo which of course was never offered in a cabrio.
In general a coupe buyer will not be interested in a convertible. And vice versa.


Originally Posted by acf
Will the .2 not be as desirable with the DFI engine, or more desirable with the updated looks, suspension, and tech?
It is the last manual turbo so that alone will be a great incentive for people to buy. Also very few manuals (less than 15%?) have been made in DFI.

But the most desirable by far will be the 2009.
Than the 07-08 followed closely by the DFI manual.

All manual 997 turbo's will become collectible sooner than later.

A lot will depend on how it is specced. A full option, PCCB and LSD equipped '08 can be more desirable than a base '09.

As a side note. I own a 2008 , I bought it because it was the perfect car to me. The right color combo with all the right options. However, I started my search for a 2009 only, but simply could not find what I wanted in that model year. I am talking 4 years ago. I do not regret 'settling' for a 2008 at all. But I know that in the long run my car will be worth considerably less than a '09.
I still keep an eye out for 'my perfect' 09 but so far nothing has turned up.
Old 12-13-2014, 10:02 AM
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strato58
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I look at it this way, if you want a nice 911 turbo what are your choices under $100K? 997 and 996. Don't sell your cars too cheap. Nothings left.
Old 12-13-2014, 10:21 AM
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Doc V.
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Originally Posted by Denis with his turbo
...look at the total numbers produced.
What are those numbers, and from what source or sources are those numbers derived?


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