997 Turbo pricing: stable or dropping?
#61
I've been tracking sales data for both the 997.1TT 6MT Coupes and 997.2TT 6MT Coupes for a few years now. For the first time ever, both the .1 and .2 appear to have fully stabilized in year-over-year pricing, which is a good sign for things to come going forward. It was also surprising to see that the 997 Turbo is holding its value better than the 997 GT3 and 997 GT3RS now (which have stopped appreciating, likely due to the upcoming 991.2 GT3 4.0L 6MT.)
Here's the wholesale pricing data I've collected through various auction sources (eBay, Bring-a-Trailer, Manheim):
997.1
997.2
Here's a summary of my recent findings:
Modern Classics
Here's an outline of my regression methodology:
Methodology
Here's the wholesale pricing data I've collected through various auction sources (eBay, Bring-a-Trailer, Manheim):
997.1
997.2
Here's a summary of my recent findings:
Modern Classics
Here's an outline of my regression methodology:
Methodology
#62
Oddly I've - based on my faulty recollection - been under the impression that 997.1 MT cars are cheaper than they were last year.
And worse - for others because I have one - the 996-997 gap seems to be closing.
Of course that might be confirmation bias.
But then again the same red 09 TT I (edit: thought I wanted until I read it has issues later in this thread) is still at the same price it was last year at the same dealer...
And worse - for others because I have one - the 996-997 gap seems to be closing.
Of course that might be confirmation bias.
But then again the same red 09 TT I (edit: thought I wanted until I read it has issues later in this thread) is still at the same price it was last year at the same dealer...
Last edited by Alan A; 06-07-2017 at 08:32 AM.
#63
Rennlist Member
I've been tracking sales data for both the 997.1TT 6MT Coupes and 997.2TT 6MT Coupes for a few years now. For the first time ever, both the .1 and .2 appear to have fully stabilized in year-over-year pricing, which is a good sign for things to come going forward. It was also surprising to see that the 997 Turbo is holding its value better than the 997 GT3 and 997 GT3RS now (which have stopped appreciating, likely due to the upcoming 991.2 GT3 4.0L 6MT.)
Here's the wholesale pricing data I've collected through various auction sources (eBay, Bring-a-Trailer, Manheim):
997.1
997.2
Here's a summary of my recent findings:
Modern Classics
Here's an outline of my regression methodology:
Methodology
Here's the wholesale pricing data I've collected through various auction sources (eBay, Bring-a-Trailer, Manheim):
997.1
997.2
Here's a summary of my recent findings:
Modern Classics
Here's an outline of my regression methodology:
Methodology
#64
#65
Rennlist Member
tip on 997.1 concerns?
going to make offer on an 08 today.
going to make offer on an 08 today.
#67
Racer
I think the problem with pricing these cars is the variation of options. For example, a car with higher miles but fully loaded with all the options at a $60K price could be a steal vs a car with slightly lower miles and no options at the same price.
Often times, when I was doing my analysis, I took into consideration what the original MSRP of the build for the car was, that way you can help identify/reason the price if needed.
Often times, when I was doing my analysis, I took into consideration what the original MSRP of the build for the car was, that way you can help identify/reason the price if needed.
#68
Rennlist Member
I've been considering selling my 08 (in my avatar).
Ruby Red / grey sport seats, 6 speed with 27000 miles.
No stories, all history and maintenance... great condition.
150k list.
I have a tune for it, but I needed the plugs and coils replaced, so I never really have run the car on it...
Two questions:
1) should I not put the tune on the car and sell it bone stock, or should I tune it and then sell it?
2) what would be a reasonable expectation for selling price?
Thanks
Dan
**Edit**
Almost forgot the best part.... I recently put a Europipe Stage 2 exhaust on it, but I could pull it off and sell it stock if you all think it would be an easier sale.
Ruby Red / grey sport seats, 6 speed with 27000 miles.
No stories, all history and maintenance... great condition.
150k list.
I have a tune for it, but I needed the plugs and coils replaced, so I never really have run the car on it...
Two questions:
1) should I not put the tune on the car and sell it bone stock, or should I tune it and then sell it?
2) what would be a reasonable expectation for selling price?
Thanks
Dan
**Edit**
Almost forgot the best part.... I recently put a Europipe Stage 2 exhaust on it, but I could pull it off and sell it stock if you all think it would be an easier sale.
Last edited by CTDan; 06-05-2017 at 06:27 PM. Reason: forgot something
#69
1. Why does it need plugs and coils after only 27k? And are you going to fix them or sell it needing the work done?
2. Is it the light grey or the dark inside?
One I'd be drooling over, one I wouldn't. Taste is subjective, and it can narrow the pool of potential buyers.
3. How quick do you want to sell it?
I'd vote for selling it bone stock fwiw. I love the red btw.
2. Is it the light grey or the dark inside?
One I'd be drooling over, one I wouldn't. Taste is subjective, and it can narrow the pool of potential buyers.
3. How quick do you want to sell it?
I'd vote for selling it bone stock fwiw. I love the red btw.
#71
Rennlist Member
#72
Rennlist Member
1. Why does it need plugs and coils after only 27k? And are you going to fix them or sell it needing the work done?
work is already complete. The car is 9 years old, so it was time based.
2. Is it the light grey or the dark inside?
It is two tone stone grey and black.
One I'd be drooling over, one I wouldn't. Taste is subjective, and it can narrow the pool of potential buyers.
3. How quick do you want to sell it?
id like to see what the collective group thinks is a reasonable price to sell in a month or so... I don't need to sell it, but once I make up my mind I'm not one to spend a ton of time trying to get max dollar.
I'd vote for selling it bone stock fwiw. I love the red btw.
work is already complete. The car is 9 years old, so it was time based.
2. Is it the light grey or the dark inside?
It is two tone stone grey and black.
One I'd be drooling over, one I wouldn't. Taste is subjective, and it can narrow the pool of potential buyers.
3. How quick do you want to sell it?
id like to see what the collective group thinks is a reasonable price to sell in a month or so... I don't need to sell it, but once I make up my mind I'm not one to spend a ton of time trying to get max dollar.
I'd vote for selling it bone stock fwiw. I love the red btw.
#73
There are two 07s on cargurus with the same mileage that haven't moved at about 71. So you are at a premium for color plus whatever option differences there are.
https://www.cargurus.com/Cars/invent...666_isFeatured
https://www.cargurus.com/Cars/invent...ting=172212484
That was what drove my do you want to sell it?
This for instance is an 09 in your color, but it's been there forever. Higher mileage, but they think the 09 will account for the premium.
https://www.cargurus.com/Cars/invent...ting=144325943
https://www.cargurus.com/Cars/invent...666_isFeatured
https://www.cargurus.com/Cars/invent...ting=172212484
That was what drove my do you want to sell it?
This for instance is an 09 in your color, but it's been there forever. Higher mileage, but they think the 09 will account for the premium.
https://www.cargurus.com/Cars/invent...ting=144325943
#74
Rennlist Member
There are two 07s on cargurus with the same mileage that haven't moved at about 71. So you are at a premium for color plus whatever option differences there are.
https://www.cargurus.com/Cars/invent...666_isFeatured
https://www.cargurus.com/Cars/invent...ting=172212484
That was what drove my do you want to sell it?
This for instance is an 09 in your color, but it's been there forever. Higher mileage, but they think the 09 will account for the premium.
https://www.cargurus.com/Cars/invent...ting=144325943
https://www.cargurus.com/Cars/invent...666_isFeatured
https://www.cargurus.com/Cars/invent...ting=172212484
That was what drove my do you want to sell it?
This for instance is an 09 in your color, but it's been there forever. Higher mileage, but they think the 09 will account for the premium.
https://www.cargurus.com/Cars/invent...ting=144325943
Looks like you guys may be stuck with me for a while.
I do have a fidelity platinum warranty that's good for another 5 years or until about 75000 miles.
Would that command a premium?
Dan
Last edited by CTDan; 06-05-2017 at 11:34 PM.
#75
Drifting
This for instance is an 09 in your color, but it's been there forever. Higher mileage, but they think the 09 will account for the premium.
https://www.cargurus.com/Cars/invent...ting=144325943
https://www.cargurus.com/Cars/invent...ting=144325943
I think you're right... if I wanted to get rid of it quickly I'd prob have to take less than my target 77k...
Looks like you guys may be stuck with me for a while.
I do have a fidelity platinum warranty that's good for another 5 years or until about 75000 miles.
Would that command a premium?
Looks like you guys may be stuck with me for a while.
I do have a fidelity platinum warranty that's good for another 5 years or until about 75000 miles.
Would that command a premium?
I do know I'd pay a bit extra for a car with that much warranty if I were shopping for a TT, though I don't think it adds enough premium to get you to $77k. If you price it reasonably, I bet it will sell super fast due to the unique color, condition and warranty. Just my 2 pfennigs.
Last edited by Skwerl; 06-06-2017 at 02:01 AM.