Discussion
The cost of a manual 997.1 which I bought about three years ago is basically the same now as it was then. In that time 997.2 prices seem to be roughly in the same place relative to the first gen cars. 996s seem to have bottomed out a while ago.
Given that even these mass produced 911s seem to be holding their value are we now in a place where 911s are basically depreciation proof? I'm waiting for 991s to come down a bit more before I move on to one but wondering when/if it will happen.
Obviously I can see that brand new cars will depreciate for the first few years but beyond that prices seem to be fairly stagnant. The only places where this doesn't seem to be happening is on non-911 models eg Cayman etc.
Anyone in the know agree with any of this?
Given that even these mass produced 911s seem to be holding their value are we now in a place where 911s are basically depreciation proof? I'm waiting for 991s to come down a bit more before I move on to one but wondering when/if it will happen.
Obviously I can see that brand new cars will depreciate for the first few years but beyond that prices seem to be fairly stagnant. The only places where this doesn't seem to be happening is on non-911 models eg Cayman etc.
Anyone in the know agree with any of this?
JasonRIx said:
Obviously I can see that brand new cars will depreciate for the first few years but beyond that prices seem to be fairly stagnant. The only places where this doesn't seem to be happening is on non-911 models eg Cayman etc.
Hmmm...Well Cayman GT4s are £20K+ above list price if you want one. The Cayman R is very solid at £45K+ (only about £6K down on the original list price). And it's difficult to find an early Cayman for less than £15K which considering that they are now 10 years old, represents depreciation of less than 7% per year....which is pretty good going!997.1s (all variants) look pretty good over the past 18 months:
997.2s dropping slightly
Probably could focus on specific variants to get an even better indication, see https://www.getpatina.com/price-trends/share/ba470...
997.2s dropping slightly
Probably could focus on specific variants to get an even better indication, see https://www.getpatina.com/price-trends/share/ba470...
A customer of mine has just bought a nearly new 911. He could have easily afforded a new one, but a four cylinder 911 was a massive no no.
He's been a new 911 owner for nearly 30 years and this is a first buying a 'secondhand' car.
Has to make you think just how well the new 911 will sell to the historical 911 buyer, and what depreciation there will be with the four pots. I'm assuming the earlier cars are holding well as buyers seem to prefer them to the 991.
He's been a new 911 owner for nearly 30 years and this is a first buying a 'secondhand' car.
Has to make you think just how well the new 911 will sell to the historical 911 buyer, and what depreciation there will be with the four pots. I'm assuming the earlier cars are holding well as buyers seem to prefer them to the 991.
Not meaning to sound pedantic, I promise... But the new 911 is a flat six as usual, just a smaller one with a turbo... The new Cayman/Boxter is a four...
But the premise of your message still stands, people seem to prefer a naturally aspirated 6 to a shrunken turbo.
(beautiful looking bespoke furniture BTW)
But the premise of your message still stands, people seem to prefer a naturally aspirated 6 to a shrunken turbo.
(beautiful looking bespoke furniture BTW)
Wozy68 said:
A customer of mine has just bought a nearly new 911. He could have easily afforded a new one, but a four cylinder 911 was a massive no no.
He's been a new 911 owner for nearly 30 years and this is a first buying a 'secondhand' car.
Has to make you think just how well the new 911 will sell to the historical 911 buyer, and what depreciation there will be with the four pots. I'm assuming the earlier cars are holding well as buyers seem to prefer them to the 991.
He's been a new 911 owner for nearly 30 years and this is a first buying a 'secondhand' car.
Has to make you think just how well the new 911 will sell to the historical 911 buyer, and what depreciation there will be with the four pots. I'm assuming the earlier cars are holding well as buyers seem to prefer them to the 991.
I was looking up prices for my 997.1 turbo manual last night on PH classifieds, a car I bought as I wanted one and I don't like tip box. Yes I also hoped it would hold value well so depreciation costs would be low.
Of the 7 adverts - 2 are actually wanted ads, 3 are 996 turbos in wrong category, leaving only 2 genuine cars for sale
people must be snapping up the good manuals
Of the 7 adverts - 2 are actually wanted ads, 3 are 996 turbos in wrong category, leaving only 2 genuine cars for sale
people must be snapping up the good manuals
Adam B said:
I was looking up prices for my 997.1 turbo manual last night on PH classifieds, a car I bought as I wanted one and I don't like tip box. Yes I also hoped it would hold value well so depreciation costs would be low.
Of the 7 adverts - 2 are actually wanted ads, 3 are 996 turbos in wrong category, leaving only 2 genuine cars for sale
people must be snapping up the good manuals
I did Of the 7 adverts - 2 are actually wanted ads, 3 are 996 turbos in wrong category, leaving only 2 genuine cars for sale
people must be snapping up the good manuals
jackliebling said:
Not meaning to sound pedantic, I promise... But the new 911 is a flat six as usual, just a smaller one with a turbo... The new Cayman/Boxter is a four...
But the premise of your message still stands, people seem to prefer a naturally aspirated 6 to a shrunken turbo.
(beautiful looking bespoke furniture BTW)
Blame it on the lacquer ....... I meant turbo ........ Where did I get flat four from I've no idea. Thanks for the furniture bit But the premise of your message still stands, people seem to prefer a naturally aspirated 6 to a shrunken turbo.
(beautiful looking bespoke furniture BTW)
Wozy68 said:
A customer of mine has just bought a nearly new 911. He could have easily afforded a new one, but a four cylinder 911 was a massive no no.
He's been a new 911 owner for nearly 30 years and this is a first buying a 'secondhand' car.
Has to make you think just how well the new 911 will sell to the historical 911 buyer, and what depreciation there will be with the four pots. I'm assuming the earlier cars are holding well as buyers seem to prefer them to the 991.
He's been a new 911 owner for nearly 30 years and this is a first buying a 'secondhand' car.
Has to make you think just how well the new 911 will sell to the historical 911 buyer, and what depreciation there will be with the four pots. I'm assuming the earlier cars are holding well as buyers seem to prefer them to the 991.
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