996 Turbo prices
Author
Discussion

paulduley

Original Poster:

99 posts

268 months

Thursday 11th August 2005
quotequote all
Saw a 99 Turbo in Top Marquee yesterday at £47K, where are prices going on the Turbo, seem to be dropping V quickly.

roshambo

580 posts

274 months

Thursday 11th August 2005
quotequote all
Thats a very early one with probably a few miles on it (I would guess) but yes Turbo prices have been in free fall for the last 12 months.
They appear to be leveling out now, I mean they can't drop like this forever.
£50k seems to be about right for an earlier car with average mileage on it from a good specialist, some do dip under this.
If you wanna see even worse depreciation then look at the GT2's, every day I ma tempted to swap my TT for one.

Ro.

Laingy

676 posts

268 months

Thursday 11th August 2005
quotequote all
New 997 out, petrol prices continuing to go through the roof, falling house prices (where people have used equity in their houses to buy cars) people not spending in the high street - all will add to the woes of these types of cars, hence their prices will continue to fall to level people are willing to buy at.

simonharrod911

6,792 posts

259 months

Thursday 11th August 2005
quotequote all
A friend of mine has RHD 2000 TT in flat black with 60k which he values at £33k trade!!!!!



_topcat

1,938 posts

276 months

Thursday 11th August 2005
quotequote all
ooo ooo ooo i want it!!!

RSJ

579 posts

285 months

Thursday 11th August 2005
quotequote all
simon

hes underselling it mate.
although i'd love to give him £33000 for it
its £40000 trade

joel

tuteez

31 posts

251 months

Thursday 11th August 2005
quotequote all
simonharrod911 said:
A friend of mine has RHD 2000 TT in flat black with 60k which he values at £33k trade!!!!!






what's wrong with it??

London Irish

3,991 posts

266 months

Thursday 11th August 2005
quotequote all
That is the problem with Porsche ownership......I keep kidding myself that an extra 10+K will get me so much further up the ladder.......before you know it you have gone from considering a 35K car to a 55K car....

uuuummmmm TURBO.......

If I die, I'll die in debt!

>> Edited by London Irish on Thursday 11th August 14:31

simonharrod911

6,792 posts

259 months

Thursday 11th August 2005
quotequote all
London Irish said:
That is the problem with Porsche ownership......I keep kidding myself that an extra 10+K will get me so much further up the ladder.......before you know it you have gone from condsidering a 35K car to a 55K car....

uuuummmmm TURBO.......

If I die, I'll die in debt!


That is so true. I was looking at cars a couple of years ago with a 50k ceiling in mind. A couple of beers and flicking through Top Marques and I'd progressively worked my way up to £73k before I slapped myself in the face!

robbom3

265 posts

254 months

Thursday 11th August 2005
quotequote all
simonharrod911 said:

London Irish said:
That is the problem with Porsche ownership......I keep kidding myself that an extra 10+K will get me so much further up the ladder.......before you know it you have gone from condsidering a 35K car to a 55K car....

uuuummmmm TURBO.......

If I die, I'll die in debt!



That is so true. I was looking at cars a couple of years ago with a 50k ceiling in mind. A couple of beers and flicking through Top Marques and I'd progressively worked my way up to £73k before I slapped myself in the face!


Yep, me too. When I saw that early 996TTs could be had for low 50s, I decided to start looking. Ended up paying £66.5k. Still don't really know how it happened !!!!

Adam B

29,638 posts

281 months

Thursday 11th August 2005
quotequote all
well I am looking now so set out my requirements beforehand and will stick to them:

black or grey
black interior
facelfit 52 or later
20k miles max
PCM2
ali bits - dials, packs, levers

also would love a 450

looking at £63-67k realistically

the battle is to stay patient until that right one comes along and not go for a "nearly but not quite perfect" car

simdc

32 posts

252 months

Thursday 11th August 2005
quotequote all
I paid 80k for mine a year ago 53reg in black,i think i would be doing well to get 60k trade now that its done 30thousand m.Yes its hurts

paulduley

Original Poster:

99 posts

268 months

Thursday 11th August 2005
quotequote all
roshambo said:
Thats a very early one with probably a few miles on it (I would guess) but yes Turbo prices have been in free fall for the last 12 months.
They appear to be leveling out now, I mean they can't drop like this forever.
£50k seems to be about right for an earlier car with average mileage on it from a good specialist, some do dip under this.
If you wanna see even worse depreciation then look at the GT2's, every day I ma tempted to swap my TT for one.

Ro.


What are the GT2's going for, incidentally the Turbo that I saw had done about 58K miles.

dunnred7

274 posts

258 months

Friday 12th August 2005
quotequote all
That Bu***er Simonharrod911 has wound me right up now (as was his SOLE intention)

He's even got be breaking a golden-rule and using my work time to post on here !!

33k for a 996 turbo indeed !! (more likely a 54 plate 997s)

For the record, in my (not so) humble opinion you won't find a 996tt worth having anywhere (including on my drive) for less than £50k.

And mine is £52k, (£53 to you) not £32k if you want it mate, and you know you do.... 'cos she SCARES YOU !!!


>> Edited by dunnred7 on Friday 12th August 09:41

>> Edited by dunnred7 on Saturday 13th August 15:58

simonharrod911

6,792 posts

259 months

Friday 12th August 2005
quotequote all


Calm down mate.

Apologies to Joel et al, but I couldn't resist it. Mr. Dunn is of the opinion that his 996TT ages like a fine wine and holds it's value like a 73 RS.

I agree with Joel, the car's 40 grand.

roshambo

580 posts

274 months

Friday 12th August 2005
quotequote all
So £40k trade, would retail for around £46,995 at a guess, and thats an early car, in a non-metallic with twice the mileage it should really have achieving close to £50k.
That would have been an £85k car new, so its lost roughly £45k in 5 years = £9k a year which actually isn't bad at all for a supercar.
So I dont think its al doom & gloom just yet and like I said I believe prices are levelling out now after taking a tumble in the last 12 months.
What will be critical is to have the right car (ie spec, mileage etc) when you come to sell as there are a fair few around & if yours has over average mileage or below average spec then it will be a bugger to shift as there will be loads of others with better spec / right mileage to choose from for a buyer.

Ro.

willr

363 posts

280 months

Friday 12th August 2005
quotequote all
But there's currently a huge variance in price, even for seemingly similar cars - the OPC network currently goes from £55k to £85k, with very little published difference between the £55k - £65k cars...

Adam B

29,638 posts

281 months

Friday 12th August 2005
quotequote all
deduct as much as £3k from joke OPC sticker prices

as a guide I was offered £69k for a 16k miles 52 plate with X50 and another £10k of options, sticker price was £73k which we both had a laugh at

b7ett

340 posts

256 months

Friday 12th August 2005
quotequote all
I've just sold my 03/03 with 13.5k but no nav for £58000, and the OPC who brought it have it up for £69995. I advertised for sometime but couldn't find a buyer, selling private at this level ain't easy. Having gone into a turbo cab from the same OPC I know that I will again take a kicking when it's time to sell.

dunnred7

274 posts

258 months

Friday 12th August 2005
quotequote all
Simon - as you know (and are bound to agree) any car which has been owned/driven by me (or for that matter any truly exceptional driver) obviously has increased value due its pedigree -

to use your analogy - it has indeed been improved "like a fine wine"

Under any circumstances though, a good "straight" 996tt is no less than £50k. As always there will be cheaper cars out there , but they will be pants...

(sorry to ramble-on but I've just come back from the pub!!)