997 Turbo prices

Author
Discussion

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
Just been trawling through eBay & piston heads and it really does seem like 997 TT prices are really really low on the other hand 996 TT are starting to really hold there own ( for good examples of course ) .

IMI A

9,410 posts

200 months

Sunday 26th January 2014
quotequote all
Perhaps 997t prices realistic and 996t prices less so or maybe the best condition 996t are a better buy than the the poorest example 997ts?

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
Hmmmmmm

CGJJ

857 posts

123 months

Sunday 26th January 2014
quotequote all
i was looking for a low mileage 996 Turbo recently and found prices to be extremely buoyant.

I made a couple of offers on vehicles up for sale privately but the owners would not budge.

I ended up looking at what i would get for my money and stumped up the extra for a 997 Turbo instead.
I felt i got far more for my money with a 997TT.

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
Well from where I'm sat the prices really are falling through the floor for 997's , whereas 996 TT seem to be holding there own

CGJJ

857 posts

123 months

Sunday 26th January 2014
quotequote all
balamory said:
Well from where I'm sat the prices really are falling through the floor for 997's , whereas 996 TT seem to be holding there own
Yes i agree 100% and my purchase is to provide me with a car to keep and drive daily rather than making an investment so the smart money went on a 997.

If i was looking at buying to drive for a year at weekends and then sell then you're right,a 996 would suffer far less depreciation.

Callughan

6,312 posts

191 months

Sunday 26th January 2014
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7t prices haven't really moved for a few years just older and higher miles cars available now.

mrdemon

21,146 posts

264 months

Sunday 26th January 2014
quotequote all
balamory said:
Just been trawling through eBay & piston heads and it really does seem like 997 TT prices are really really low on the other hand 996 TT are starting to really hold there own ( for good examples of course ) .
what do you call low ?
cheapest manual car under 30k miles is £41k and still 8 years old.

the cheapest OPC car sub 30k miles is again 8 years old but £48k

I don't call these prices really really low for a car I would actually want to own and not some high miles tiptronic.

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
If you go on eBay some CARS are down around the 30k mark

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
If you go on eBay some cats are down around the 30k mark

pdj81

100 posts

145 months

Sunday 26th January 2014
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I've been watching these for ages and think that 997 prices are dropping as you'd expect but there is some truth that 'good' 996 TT values are firming up. I doubt that they will get any lower

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
:-)

pdj81

100 posts

145 months

Sunday 26th January 2014
quotequote all
Demon I agree - think here will be a significant price shift shortly downwards as I struggle to see oh some OPCs can ask 50k plus for 2007 cars with 30k miles on the clock. Also numbers wise there are a lot on the market now so should dilute somewhat

pdj81

100 posts

145 months

Sunday 26th January 2014
quotequote all
Demon I agree - think here will be a significant price shift shortly downwards as I struggle to see oh some OPCs can ask 50k plus for 2007 cars with 30k miles on the clock. Also numbers wise there are a lot on the market now so should dilute somewhat

CGJJ

857 posts

123 months

Sunday 26th January 2014
quotequote all
balamory said:
If you go on eBay some CARS are down around the 30k mark
If you are talking about 997 turbos being down around the 30K mark they really are the poor end of the market with 'wraps' or over 100K miles or both.

To buy anything that resembles a good one i would say 38K plus is needed (unless you're in the trade or getting a 'mates' deal).



balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
The market seems flooded with 997TT , a lot less 996 TT on the market .

CGJJ

857 posts

123 months

Sunday 26th January 2014
quotequote all
balamory said:
The market seems flooded with 997TT , a lot less 996 TT on the market .
I would imagine the reason for that is the release of the 991 means many are upgrading,whereas the 996 markets buoyancy means
many owners want to hang onto them and are enjoying depreciation free porsche motoring.

balamory

Original Poster:

99 posts

122 months

Sunday 26th January 2014
quotequote all
Well said CG !

James44

264 posts

168 months

Sunday 26th January 2014
quotequote all
balamory said:
Well from where I'm sat the prices really are falling through the floor for 997's , whereas 996 TT seem to be holding there own
I'd have said the opposite. Have been following prices for a year and sure they have fallen a little, but hardly 'through the floor'.

Still looking at low 40's for a food av mile, reasonable spec car. They are holding much better that 996Ts did.

When I bought my 996 C2 in late 09 I was considering a 996T then. At the time 02/03 cars (i.e 7 or 8 years old) were £27-30k. Today good 7 or 8 year old 997Ts are £40-£44k.

I'd agree though that the gap between good 996Ts at £25-30k vs the 997T range will close. Its hard to think of a reason why you would choose a 996T over 997T, I would have thought that gap will close to around £5k once age is no longer relevant and its just about mileage/condition.

Will floor price of 996Ts shore up 997T prices or will the volume of 997Ts put further downward pressure on them ...



Callughan

6,312 posts

191 months

Sunday 26th January 2014
quotequote all
James44 said:
balamory said:
Well from where I'm sat the prices really are falling through the floor for 997's , whereas 996 TT seem to be holding there own
I'd have said the opposite. Have been following prices for a year and sure they have fallen a little, but hardly 'through the floor'.

Still looking at low 40's for a food av mile, reasonable spec car. They are holding much better that 996Ts did.

When I bought my 996 C2 in late 09 I was considering a 996T then. At the time 02/03 cars (i.e 7 or 8 years old) were £27-30k. Today good 7 or 8 year old 997Ts are £40-£44k.

I'd agree though that the gap between good 996Ts at £25-30k vs the 997T range will close. Its hard to think of a reason why you would choose a 996T over 997T, I would have thought that gap will close to around £5k once age is no longer relevant and its just about mileage/condition.

Will floor price of 996Ts shore up 997T prices or will the volume of 997Ts put further downward pressure on them ...
5k difference goes as many 6t owners will change brakes, remap, exhaust and prehaps suspension.

With 7t you only read need zorst in my humblest of opinionssmile