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997 Turbo pricing: stable or dropping?

 
Old 05-03-2017, 03:23 PM
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dawgcatching
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Default 997 Turbo pricing: stable or dropping?

I view the 997 Turbo manual as somewhat of a holy grail....6MT definitely. I don't know where you can get more car for $65-80k.

With that said, what is happening with pricing recently? I see that Carrera manual 997.2 are holding strong or increasing even, C4S getting close to turbo territory. Are TT's of this generation still dropping? I see a lot of clean manuals for sale, both here and from dealers, while Carrera 6MT 997.2 are really, really tough to find.

Any predictions as to where pricing will settle? I was thinking of going the TT route, but HATE paying steep depreciation.
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Old 05-03-2017, 03:48 PM
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Originally Posted by dawgcatching View Post
I was thinking of going the TT route, but HATE paying steep depreciation.
Since even the newest of these 997TTs are about 5 years old, you've passed the steep depreciation point
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Old 05-03-2017, 03:54 PM
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If you look through threads from 2-3 years ago, you can see people were paying about the same for .1TT 6mt coupes as you will now in 2017.
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Old 05-03-2017, 04:08 PM
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Originally Posted by dawgcatching View Post
I view the 997 Turbo manual as somewhat of a holy grail....6MT definitely. I don't know where you can get more car for $65-80k.

With that said, what is happening with pricing recently? I see that Carrera manual 997.2 are holding strong or increasing even, C4S getting close to turbo territory. Are TT's of this generation still dropping? I see a lot of clean manuals for sale, both here and from dealers, while Carrera 6MT 997.2 are really, really tough to find.

Any predictions as to where pricing will settle? I was thinking of going the TT route, but HATE paying steep depreciation.
Holt has an 06, 08 and 09 in C2S. Good luck.

http://www.holtmotorsports.com/inventory.php
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Old 05-03-2017, 04:11 PM
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Pricing floor for mid mile, clean 6 speed cars is about $60k. Below that are usually stories, tips, or rough around the edges. I don't think that price point has changed much since I bought my car 2 years ago.
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Old 05-03-2017, 06:01 PM
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Prices have been flat for a couple of years now and will probably remain flat for the next couple of years. Tips could slide however creating an increasing gap between manuals and tips. Longer term who knows but imo manual 997's should hold their value reasonably well especially if Porsche doesn't start making manual Turbos again ala the GT3.
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Old 05-03-2017, 06:51 PM
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Agreed with others, feels pretty stable. I'd go in expecting some decline, and you may be pleasantly surprised - I have been.
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Old 05-03-2017, 08:18 PM
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Originally Posted by Quadcammer View Post
Pricing floor for mid mile, clean 6 speed cars is about $60k. Below that are usually stories, tips, or rough around the edges. I don't think that price point has changed much since I bought my car 2 years ago.
Agreed. It seems that 6MTs have bottomed at about $60k on anything below 75k miles, and Tips have bottomed at $50k on anything below 75k miles. As more of these cars start creeping near 100k miles, you'll see the prices slide down for those a little more, but I think anything under 50k miles is going to hold steady and not likely drop any more.
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Old 05-04-2017, 12:49 PM
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I've been monitoring prices for the past couple months as I was searching for mine.

I ended up with a higher mileage car, but had all the mods I wanted, just had its 60K service and was fully optioned which I wasn't necessarily looking for, but thought it would help for resale if I end up selling. A lot of the cars I see today are lower miles (40K-50K seems to be the average) but NOT optioned at all at they are asking $70K+. As noted above, if I keep the car into the 100K miles, I'm anticipating to lose around $5K of what I bought it for but who knows. I don't buy my cars based upon wanting them to appreciate, I buy them because I have the money to pay cash and I want to enjoy them.

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Old 05-04-2017, 01:05 PM
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I'm shocked every day that these aren't higher already...it's a beast with a few mods and still looks great.
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Old 05-04-2017, 01:31 PM
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All about production numbers when it comes to value.
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Old 05-04-2017, 03:23 PM
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Back in 2011, my former workplace Imola Motorsports bought a 2007 997TT 6MT with 30k miles for $77k. Over the past year, the same car with 40-60k miles would probably go for $65-75k depending on condition/location. That is incredibly stable pricing for a car that is now 10 years old. I don't see it going much lower (without mileage or condition issues) because of the 996TT being a $35-55k car, or much higher because of the 997.2TT occupying the $85-100k price range above it (and the 991 the $120-150k range above that).

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Old 05-04-2017, 03:36 PM
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As someone who recently putting my car in the market for sale, I can tell you that there are tremendous amount of interests in 997TT platform (specifically manual transmission). I had so many potential buyers willing to pay full asking price but I am (emotional type of seller) not ready to let it go yet (mostly because I can't find a proper replacement for my Turbo).
Prices on 997TT has not drop a dime since 3 years ago when I bought mine (in fact I bought it less than what I am selling with lower mileage).
good luck hunting and post some picture of you get one in your garage.
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Old 05-04-2017, 07:03 PM
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Agree, I recently sold my 09 cab 6MT for more than I paid for it two years ago. It's a strong market.
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Old 05-04-2017, 08:45 PM
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It is my opinion that the Less than 30K miles/nicely optioned cars are trending upwards in price. Demand is higher due to out of country demand AND the value of the 996TT market (which is rising).

I think that one can pick up a good mid mile 997TT and drive it for 4 years and break even or make a few bucks..
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