Premium for a 2006 turbo S?
#1
Premium for a 2006 turbo S?
Obviously is worth more than a regular turbo but just wondering how much in the used market? For example I'm looking at a 05 turbo with 92,000 miles that has NOT had the coolant pipes replaced and a 2006 turbo s with 139,000 miles and the coolant pipes and starter have been done. Does the fact that it's an 06 and an S equal the almost 50k mileage difference in terms of value? Seems like it would not, but maybe I'm wrong. Both have only had one owner.
#2
Value is highly subjective in the Porsche world. Since it's not an appliance-type vehicle like a Honda, value is only what it means to you. If you put value in a Turbo S, are ok with not being able to mount an 18" wheel, don't mind the cost of doing a brake job, and all else between the 05 and 06 are equal (condition, options, color, history), then I would say an 06 turbo s with pipes and starter done could be worth an 05 without that, and 50k less miles. Once you hit 100k miles, the actual mileage isn't nearly as important as condition and maintenance history. I would pay more money for a 200k mile CTT with perfect maintenance history, no issues, and the seller is the owner over a 90k mile CTT at a used car lot. Cardan shaft, control arms, a few stuck HVAC flap motors, valve body, hatch struts, etc etc. Parts add up fast on an undocumented car.
#3
Thanks WP.
I don't mind the brake issue and of course like the idea of having an S. They both are original owners and have access to the service history. I just need to get them from the dealer. The 05 has had the cardan Shafts done and 06 has never needed them. Are the beefed up? Kind of crazy that they are original.
I guess in my mind the mileage is pretty big and it should be a little less given that. But at least the same right?
If I drive them both for 50k which would be worth more?
I don't mind the brake issue and of course like the idea of having an S. They both are original owners and have access to the service history. I just need to get them from the dealer. The 05 has had the cardan Shafts done and 06 has never needed them. Are the beefed up? Kind of crazy that they are original.
I guess in my mind the mileage is pretty big and it should be a little less given that. But at least the same right?
If I drive them both for 50k which would be worth more?
#4
Value will have little to of with mileage when you go to sell. Clean, documented cars will trump mileage when you start to get to the lower end of the depreciation curve.
If you're worried about resale, then you're buying the wrong car because operating costs will trump that by a wide margin.
Cardan shafts were the same. If it's original, I'd budget for that sometime soon, too. Same if the control arms are original on both cars.
If you're worried about resale, then you're buying the wrong car because operating costs will trump that by a wide margin.
Cardan shafts were the same. If it's original, I'd budget for that sometime soon, too. Same if the control arms are original on both cars.
#6
Thanks WP.
I don't mind the brake issue and of course like the idea of having an S. They both are original owners and have access to the service history. I just need to get them from the dealer. The 05 has had the cardan Shafts done and 06 has never needed them. Are the beefed up? Kind of crazy that they are original.
I guess in my mind the mileage is pretty big and it should be a little less given that. But at least the same right?
If I drive them both for 50k which would be worth more?
I don't mind the brake issue and of course like the idea of having an S. They both are original owners and have access to the service history. I just need to get them from the dealer. The 05 has had the cardan Shafts done and 06 has never needed them. Are the beefed up? Kind of crazy that they are original.
I guess in my mind the mileage is pretty big and it should be a little less given that. But at least the same right?
If I drive them both for 50k which would be worth more?
#7
The 06 has roughly double the avg annual miles. IMO, its more important to know whether that difference was from freeway commutes or Mom running the kids from the hockey practice to dance lessons. Also be mindful that replacing the brakes on the TTS are as much a cost consideration as the coolant pipes. From base to Turbo is a huge leap in performance. From Turbo to Turbo S is much less in bang for the buck. Their values will be pretty close in a few year simply as aging high maintenance cost cars, so I wouldn't put much consideration on eventual value.
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#9
Club racer 6... I was almost in the same boat (and also coming from a 996 40AE)...
I looked at a 2003 CTT with only 53K miles, and a 2006 CTTS with 62K miles.
I pulled the trigger on the S v. the lower mile one The previous owner of the 2003 did (sloppy) work [like cracking the beauty panel on the header] while swapping one coil pack. He also wouldn't replace the pipes... he said he was waiting for the class action suit and wouldn't change them until they ruptured.
There was a $8000 premium difference between them.
S has the obvious differences, plus came with the carbon fiber interior bits instead of the light wood (which I didn't care for)
It also has brand new tires... and the 2003 CTT needed them and brakes.
Further, the S was at the dealer and they traded me almost straight up for my 996. Done.
I looked at a 2003 CTT with only 53K miles, and a 2006 CTTS with 62K miles.
I pulled the trigger on the S v. the lower mile one The previous owner of the 2003 did (sloppy) work [like cracking the beauty panel on the header] while swapping one coil pack. He also wouldn't replace the pipes... he said he was waiting for the class action suit and wouldn't change them until they ruptured.
There was a $8000 premium difference between them.
S has the obvious differences, plus came with the carbon fiber interior bits instead of the light wood (which I didn't care for)
It also has brand new tires... and the 2003 CTT needed them and brakes.
Further, the S was at the dealer and they traded me almost straight up for my 996. Done.
#10
Turbo S is pure class, gives me a big smile every time I drive her. Far as I'm concerned, our 955's are the best looking of the bunch. Mechanicals are one thing, and sure they're expensive, but the really gratifying part, and I've had a few 955's now, is when you get it, start doing what practically no previous owner ever does, really care for the interior and take the paint back to new. I've been leatheriquing my latest 955 for a year now and the leather is just now after a dozen applications in some spots coming back to almost new. Paint is polished to perfection and sealed with a polymer. It's great to know where you stand with brakes, cardan shaft, coolant pipes, etc. But when someone asks me staring if my car is a 2014, I proudly tell them it's a 2006. People kill their bodies and interiors faster than the drive trains and throw them away. These cars are special. Preserve them. One day not long from now, there will be a handful of us across the nation with perfect 2006 Cayenne Turbo S's to show. I don't care if that ever amounts to something. It means something to me.
#11
Turbo S is pure class, gives me a big smile every time I drive her. Far as I'm concerned, our 955's are the best looking of the bunch. Mechanicals are one thing, and sure they're expensive, but the really gratifying part, and I've had a few 955's now, is when you get it, start doing what practically no previous owner ever does, really care for the interior and take the paint back to new. I've been leatheriquing my latest 955 for a year now and the leather is just now after a dozen applications in some spots coming back to almost new. Paint is polished to perfection and sealed with a polymer. It's great to know where you stand with brakes, cardan shaft, coolant pipes, etc. But when someone asks me staring if my car is a 2014, I proudly tell them it's a 2006. People kill their bodies and interiors faster than the drive trains and throw them away. These cars are special. Preserve them. One day not long from now, there will be a handful of us across the nation with perfect 2006 Cayenne Turbo S's to show. I don't care if that ever amounts to something. It means something to me.
#12
...start doing what practically no previous owner ever does, really care for the interior and take the paint back to new. I've been leatheriquing my latest 955 for a year now and the leather is just now after a dozen applications in some spots coming back to almost new. Paint is polished to perfection and sealed with a polymer.
Spot-on about value to us, vs. anyone else.
(Sorry to hijack...)
#13
As for the original academic question above, if I were truly going to guess a market price differential, I cannot believe the Turbo S-premium would be any more than the bump from a regular S to a Turbo - in fact I'd say a lot less. At the end of the day, you're getting larger intercoolers, larger plenum and throttle, larger brakes, stiffer front suspension, maybe a beefier driveshaft, and a more agressive tune. That's worth something... but not half the bump that went to engineer in a turbo in the first place.
But the problem with my theory is the sexy lure of the S and its rarity. For me, this is offset by the extra expense to replace the massive brakes (thousands vs. the Turbo).
At the end of the day, to me your higher-mileage Turbo S is a good deal if the dude hasn't done the pipes on the turbo. Miles don't matter at that point, and the Turbo S is newer (i.e., cracking gaskets and seals and plastic). But as Mudman said, damn those brakes are expensive - and you know you'll use them!
I thought the better comparison was the '08 CTT vs. the '06 CTT-S. Now that one had me vexed...
But the problem with my theory is the sexy lure of the S and its rarity. For me, this is offset by the extra expense to replace the massive brakes (thousands vs. the Turbo).
At the end of the day, to me your higher-mileage Turbo S is a good deal if the dude hasn't done the pipes on the turbo. Miles don't matter at that point, and the Turbo S is newer (i.e., cracking gaskets and seals and plastic). But as Mudman said, damn those brakes are expensive - and you know you'll use them!
I thought the better comparison was the '08 CTT vs. the '06 CTT-S. Now that one had me vexed...
#14
The interior, I used leatherique. The oil conditioner is insane. Just apply heavily but evenly often at first. You'll get used to what it looks and feels like when it's enough. Over time, the little dents and creases and dents in the skin will start to smooth out. The grain and texture of the leather comes back. It's pretty glorious. They don't make 'em like this anymore. We have a LOT of fine leather in the turbo S. Looks amazing when it's healthy.