996TT what's the cheapest it will go to?

[J4CKO]

Welshbeef said:

J4CKO said:

Hence why I have a 944 Cab, well that, and not having 25 grand to spend !

Any 911 is a different ball game to 4 cyl Porsches, the stakes raise massively in terms of parts prices and general running costs.

Has to be said the 944 Cab is very nice is it the Turbo S or S2 vert

Its a 91 S2, the Turbo Cab is a rare beast, only about 50 left, compared to 400 or so S2's, will be hanging onto it for a while but my next one will be from a British Seaside resort.

[Huntsman]

I reckon they will hit sub £10k for a scruffy one and mid teens for a nice one, let's bump this thread in five years.

[Welshbeef]

Huntsman said:

I reckon they will hit sub £10k for a scruffy one and mid teens for a nice one, let's bump this thread in five years.

If they do then 997 tt will follow the same route

But if your expectations are right then five years motoring for up to a max of £10k depreciation as on ropy one which frankly is stunning

[Jasandjules]

Well a few years ago I'd never have thought I'd see a sub 20k DB7 Volante......... Soooooooo, anything is possible, especially with a car with so many sold/produced.

[Orbin]

as someone else once said, they made far too many for to be a real appreciating classic. one thing in its favour is as time goes on, more and more people are started to like the shape/style of the 996.

[Welshbeef]

Orbin said:

as someone else once said, they made far too many for to be a real appreciating classic. one thing in its favour is as time goes on, more and more people are started to like the shape/style of the 996.

Id probably agree not an appreciating asset but how about the view it holds it's current value ie this is now the floor.
If it did get down to £10k then that would mean 996 911's would be well under £5k and clearly that would mean 924/944/928/968's would be into the SOTW territory en masse.

[cragswinter]

Welshbeef said:

Id probably agree not an appreciating asset but how about the view it holds it's current value ie this is now the floor.
If it did get down to £10k then that would mean 996 911's would be well under £5k and clearly that would mean 924/944/928/968's would be into the SOTW territory en masse.

Well let's leave for a moment the difference between a good car & a bad car, but....

Pretty much all Porsche owners are fairly aware that the day of the 5 grand 996 is only a matter of time. Plenty of air cooled 911s are sub 8 grand (rusty 2.7's {not carrera's I hasten to add}, rough 3.0SC's etc) & they built infinitely more 996's than they ever did of them.

The difference between your cheap 996 & your cheap 944/968/928/911 etc is the old cars were built in a time when owning a Porsche was a really special status, not to mention that Porsche cars themselves were regarded as being one of the best engineered & built cars on the market.

996's will be the unloved 911 for many many years,whether you beleive they deserve that tag is up to you (I don't) but that's the simple fact & turbos are just another derivative.

The fact remains that if you buy a 996 turbo for 25 grand & sell it for 14 in 5 years time you've done a hell of a lot better than some other names on the log book!

Just don't forget to budget for all the other costs involved in that 5 years.....

[Orbin]

Welshbeef said:

Id probably agree not an appreciating asset but how about the view it holds it's current value ie this is now the floor.
If it did get down to £10k then that would mean 996 911's would be well under £5k and clearly that would mean 924/944/928/968's would be into the SOTW territory en masse.

we're not far away from boxsters being sotw so it really is only a matter of time for 996s following a similar fate.

very good examples will always command good money but, as with all high performance cars that drop under £15k, they are bought by people who can't afford to run them, scrimp on running costs and effectively ruin them.

[traffman]

The only problem with a bargain basement 996 tt is that the parts will allways be premium prices.

[RWD cossie wil]

Welshbeef said:

blade7 said:

Put it this way, due to there not being much lag there didn't seem to be a huge shove in the back, and in the twisty stuff it felt very planted, I'm not saying it's not a very quick car but unless you are going very hard/fast it seemed too easy.

I think that's true of most super cars really.

What is the 996tt 0-100mph time? I'm guessing it's below 10seconds with the 997tt below 9 seconds.
Given fastest car I've owned is 14.5 seconds for that increment id say it would be epic day in day out and really you'd never need to use the full power in 99.99% of the time.

Given the McLaren F1 and Enzo do the 0-100 mph in low 6's it clearly is the law of diminishing returns. Clearly a 6 second car to the ton v a 9 second car to the ton are worlds apart in outright pace but I'll never be able to afford or to justify buying one of those icons.

Also what is the F40 0-100mph time? Cannot be that much different from the 996tt guessing quicker but not massively

I have been following 996 prices for two years now, and thought I would have to save up 35k to get a really nice one, the last year has really, really hammered them. I think 15k will be common for over 100k early cars, there are a few floating around 18-19k now, which is amazing really considering the car you get.

Lots of people are scared of milage, where it wouldn't bother me at all as long as the car is maintained correctly. The split between low milage late x50/s turbos and 997's is too close now, the prices will take anoter hit as the next bite of recession creeps in, and 991's start to apply pressure to the 997 values.

Speed wise, the beauty of the 996tt is the mega GT1 blocked engine, tuning is easy and relatively inexpensive to get well over 600Bhp, 700 is achiveable without opening the engine!

I believe the quote from an old Aussie film is "Speed costs money son, how fast do you want to go?"

I hope to buy one in late 2013 , mines a black manual x50 please!!

[Flying machine]

once you've emptied out your piggy banks it might be worth factoring in the costs of running one to the standard you'd like to buy one in - my experience of an (NA) 996 is that they can be expensive!


But worth it

[barrieeld]

Just thought I'd add my bit...ive recently been offered a 996TT Seal Grey, black leather, PCM etc for 17k cars done 75k.

Now im hoping I can keep this car for a year and sell for the same price but not so sure as in the last month ive begun to notice a lot of 996TT's coming under the 20k ceiling.

Thoughts?

[k-ink]

The 996 was mass produced, hence common. More supply than demand means prices will naturally fall. The price of fuel will only help it. Furthermore the mass produced 997 will force the 996 lower and lower as more and more hit the market. There will always be a newer and better 911 turbo coming out, forcing the older models to be cheaper and cheaper. It is now EXACTLY like the Nissan GTR situation. Compare R32 prices with R35. This is the future of Porche. They will not magically stop depreciating. If you think that then you'll be in for a shock I think.

[J4CKO]

cragswinter said:

Welshbeef said:

Id probably agree not an appreciating asset but how about the view it holds it's current value ie this is now the floor.
If it did get down to £10k then that would mean 996 911's would be well under £5k and clearly that would mean 924/944/928/968's would be into the SOTW territory en masse.

Well let's leave for a moment the difference between a good car & a bad car, but....

Pretty much all Porsche owners are fairly aware that the day of the 5 grand 996 is only a matter of time. Plenty of air cooled 911s are sub 8 grand (rusty 2.7's {not carrera's I hasten to add}, rough 3.0SC's etc) & they built infinitely more 996's than they ever did of them.

The difference between your cheap 996 & your cheap 944/968/928/911 etc is the old cars were built in a time when owning a Porsche was a really special status, not to mention that Porsche cars themselves were regarded as being one of the best engineered & built cars on the market.

996's will be the unloved 911 for many many years,whether you beleive they deserve that tag is up to you (I don't) but that's the simple fact & turbos are just another derivative.

The fact remains that if you buy a 996 turbo for 25 grand & sell it for 14 in 5 years time you've done a hell of a lot better than some other names on the log book!

Just don't forget to budget for all the other costs involved in that 5 years.....

I cant see them getting that cheap, five grand for a 911, under ten perhaps but I dotn think the average PistonHeader will let it happen, as they fall, they fall into the more modest budgets and thought they are mass produced and a few about there are still more people that will take one at that kind of money. I paid 4250 for my 944 Cab, ok manky early 944, the odd sad looking 928 and most 924's are sub 2k but a 911 is still a 911, its what people think of when they think of Porsche so I cant really see 911's dropping to that, maybe some odd colour/trim/miles/no history "perfect storm" might drop to eight or a little less but I dont think the market will allow it, if there is a serviceable 911 for 5 grand, I will be there like a shot.

[k-ink]

ps

Just had a peek at 997 carrera prices. How about a sensible milage 997 from a dealer at 22k? Wow they havent even been out long. When the 991 becomes common on the used market I'll be picking up a mint 997 for 15k.

[SWoll]

k-ink said:

ps

Just had a peek at 997 carrera prices. How about a sensible milage 997 from a dealer at 22k? Wow they havent even been out long. When the 991 becomes common on the used market I'll be picking up a mint 997 for 15k.

Amazing really. Just had a look myself and 2005 997 C2S's with 50K are going for approx 25K which is about the same as you would need to pay for what i would class as a "decent" 996TT.

Whilst I appreciate that the TT is a much quicker car I think my money would be going on the 997. So much prettier, better interior and lets be honest here still has more than enough performance for 90% of peoples needs.

[NumberoftheBeast]

After wanting a 911 for years, I eventually bought one in 2009. As a family man, it couldn't be one of the GT cars and I knew I would have regretted getting one of the 'lesser' models. The Turbo was the only option. 2003 car with X50 pack. I still own it and it is the best car I have owned.

[jdw1234]

I think we need to adjust these prices for inflation.

10k in todays money could be a lot more nominally in 5 years time.

I think lots of premium cars made during the 2000s debt boom were made in much higher numbers and residuals will be accordingly hammered in future. This will be compounded by higher levels of complexity compared to previous generation models.

I am thinking 360, 996/997, Aston DB7/Vantage, early Gallardos etc.

The are all made in too high numbers to ever matter and in too high numbers (artificial demand driven by easy finance).

I see no reason why the depreciation curve on these models shouldn't follow high end BMW/Mercs or slightly better.

All in my own opinion and feel free to disagree.

P.S. I am not implying these are not amazing cars!!

[k-ink]

SWoll said:

Whilst I appreciate that the TT is a much quicker car I think my money would be going on the 997. So much prettier, better interior and lets be honest here still has more than enough performance for 90% of peoples needs.

Same here. I doubt we are alone. Better looking, newer, sexier, better interior, cheaper to run, less scarey bills on the 997 carrera. It's an easy decision for me. If more people overlook the 996 their prices will vanish down to used old skyline / evo prices. Once there they will mostly be run on the cheap and become next to worthless before too long.

Edited by k-ink on Friday 16th March 13:00

[Devil2575]

The one to buy was the 993. Turbo values for them seem to be very strong, espcially compared to the 996, but then you see a lot less 993s on the road.