Are 997 gen 1 / gen 2s over priced?

Are 997 gen 1 / gen 2s over priced?

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Discussion

shuebc

Original Poster:

230 posts

110 months

Friday 11th November 2022
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Just curious to hear peoples thoughts on 997.1 and 997.2 prices?

Does anything think the 997s are way overpriced? Or are people actually buying at the those prices.

For reference most 997 gens seem to be £25k minimum if not £30k for quite a high miler, some even £35k for a low miler - considering the engine issues on these… do you think prices are a bit silly, or is their genuine demand at that price? A 10k engine rebuild would make it more expensive than a gen 2 if and more likely when needed.

997.2 more understandable but a decent low miler is £40k range… which I guess is fair considering a lot more reliable and desirable.


Discombobulate

4,794 posts

185 months

Friday 11th November 2022
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Still a lot of car for the money. Had our 997.1 for 14 years and it's a keeper. Other 911s have come and gone over that period, but I couldn't prise the 997 keys out of my wife's hand.
My brother had a 997.2 and I actually prefer the .1 - feels more raw. As a 911 should. Perhaps it's just the sound.

GT4RS

4,395 posts

196 months

Friday 11th November 2022
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We had a 997.2 2s for around 4 years, great car never really missed a beat.


Koln-RS

3,849 posts

211 months

Friday 11th November 2022
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In fairness, virtually everything interesting, and a lot of boring stuff, has had inflated values over recent years, due to a combination of factors.
However, all the indicators point to a significant correction.

The way to check is to submit the details of any car that interests you into WBAC or Motorway.
That will give you the figure you might be looking at if you were trying to sell that car.
It can be quite sobering.

esotericar

745 posts

26 months

Saturday 12th November 2022
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Depends on what angle you're coming from. Compared to a wheezy old air-cooled needing a tonne of work, they're still very cheap. Adjusted for inflation, they also haven't really gone up much, especially now that at least some of the post pandemic gains have reversed.

Think the only cars that really make them look a bit pricey are closely related 987 models. You can get a really nice 987.1 3.2 Box for less than half the money of a 997.1. That makes the 997 look very poor value. Or a rock solid 987.2 3.4 for similar money to a 997.1, maybe even a bit less. Likewise, an extra £15k for a base 997.2 3.6 over a 987.2 3.4 isn't a great value proposition.

But then if it's a 911 you want for whatever reason, not a Cayster, well, it doesn't really matter what a 987 goes for, you're not going to be buying one. Compared to nearly all other 911s, 997s remain excellent value.

shuebc

Original Poster:

230 posts

110 months

Saturday 12th November 2022
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Yeh not really looking at 987s. Only 997 and upwards. Just surprised 997.1 so high considering all the potential pitfalls and issues.

997.2 - there was an immaculate 80k miler that sold for £33k - not too long back, but just found the price tag a little too high for 80k miler. But I guess people paying it, so who am I to say it’s overvalued.

997.1 would make a fantastic project car though if they £20k was the ceiling for a well looked after car.



esotericar said:
Depends on what angle you're coming from. Compared to a wheezy old air-cooled needing a tonne of work, they're still very cheap. Adjusted for inflation, they also haven't really gone up much, especially now that at least some of the post pandemic gains have reversed.

Think the only cars that really make them look a bit pricey are closely related 987 models. You can get a really nice 987.1 3.2 Box for less than half the money of a 997.1. That makes the 997 look very poor value. Or a rock solid 987.2 3.4 for similar money to a 997.1, maybe even a bit less. Likewise, an extra £15k for a base 997.2 3.6 over a 987.2 3.4 isn't a great value proposition.

But then if it's a 911 you want for whatever reason, not a Cayster, well, it doesn't really matter what a 987 goes for, you're not going to be buying one. Compared to nearly all other 911s, 997s remain excellent value.

Fnumber1user

411 posts

51 months

Saturday 12th November 2022
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If the prices aren't too your liking then you can always not buy. The market is what it is.

MB140

4,028 posts

102 months

Saturday 12th November 2022
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I test drove a 997. Carrera (non s) about 10 years ago. By reckoning the same car would be worth more today than it was 10 years ago.

I’ve been bitten by a Porsche chocolate engine once at the cost of around £10k, as much as I would love another Porsche as it was a fantastic car (apart from the engine) there isn’t a chance in hell I would buy another.

Especially as currently they all seem overpriced. Even 996 varieties seem to be demanding silly money.

g7jhp

6,959 posts

237 months

Saturday 12th November 2022
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Fnumber1user said:
If the prices aren't too your liking then you can always not buy. The market is what it is.
Helpful comment. rolleyes

g7jhp

6,959 posts

237 months

Saturday 12th November 2022
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A 997.1 C2S will always have more potential to fail than a 997.2, but that does allow people to get into one at a lower cost.

At £20k+ even if you need a new engine at £10k it's still a £30k carm

Entry into a 997.2 C2S for £36k+ for 80k miles will still run a risk.

Main point would be buy on condition as there's plenty of other items to eat budget.

A well cared for 997.1 C2S with higher miles at a lower price maybe the best buy.

PGNSagaris

2,926 posts

165 months

Sunday 13th November 2022
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Discombobulate said:
Still a lot of car for the money. Had our 997.1 for 14 years and it's a keeper. Other 911s have come and gone over that period, but I couldn't prise the 997 keys out of my wife's hand.
My brother had a 997.2 and I actually prefer the .1 - feels more raw. As a 911 should. Perhaps it's just the sound.
This is infesting to hear. Someone else told me this week, who spends their life around Pork that the .1, rather than .2, is their preference for the rawness and sound. I didn’t enjoy my 997.2 but I put that down to being a fatboy Targa 4S.

Time to revisit this. Would like another 911 as a daily


Stuart70

3,910 posts

182 months

Sunday 13th November 2022
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Ran a 997.2 C2S as had to scratch the 911 itch.

Loved it but it was too linear and refined for me.
Back in a Boxster 3,4S as the station car - noisier, sharper handling, less refined, more fun.

Now being tempted by GTS options 992 911 or 718 Boxster - but will they really be £££ more fun than what I have?

stuckmojo

2,955 posts

187 months

Sunday 13th November 2022
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g7jhp said:
A 997.1 C2S will always have more potential to fail than a 997.2, but that does allow people to get into one at a lower cost.

At £20k+ even if you need a new engine at £10k it's still a £30k carm

Entry into a 997.2 C2S for £36k+ for 80k miles will still run a risk.

Main point would be buy on condition as there's plenty of other items to eat budget.

A well cared for 997.1 C2S with higher miles at a lower price maybe the best buy.
I agree with that logic.

I think the 997.1 design is more cohesive and purposeful, as if the 997.2 is a restyling that "had" to happen.

Perhaps not the stupidest idea to buy a £20k 997, sort it and be ready for a Hartech rebuild when the time comes. This is in the context of a keeper.

Mind you, I used the same logic with my then £8,750 996 10 years ago - which I still have

irish boy

3,523 posts

235 months

Sunday 13th November 2022
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The 4k per year to run a 997 was an eye opener, especially when the chap or many other posters in the thread had any engine or gearbox issues.

stuckmojo

2,955 posts

187 months

Sunday 13th November 2022
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irish boy said:
The 4k per year to run a 997 was an eye opener, especially when the chap or many other posters in the thread had any engine or gearbox issues.
To me it's all useage and miles dependent.

As a daily, I can believe it. As a weekend car, I don't know.

Tagteam

285 posts

22 months

Sunday 13th November 2022
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A friend was trying to see a 997 and no interest for months and it was keenly priced . I would suggest that the prices may be a little toppy.

shuebc

Original Poster:

230 posts

110 months

Sunday 13th November 2022
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Yeh well thats exactly my dilemma. Currently in a low mileage M2 - but looking to buy a more traditional coupe (vs M2 which is more a 2 door saloon coupe).

I'm more or less set on getting a C4 or C4s (only because of the wide body). S or not - I'm not too fussed. and Gen 1 vs Gen 2 - naturally would love to get a gen 2 - but that requires a substantial budget upgrade which is not do-able for me at mo anyway.

So as things stand I'm in the mindset find a well priced gen 1 C4/C4S - as long as it has full history - I'm willing to completely to ignore mechanical condition - as the aim would be to get a Hartech re-build and refresh the car to something completely new.

£30k total doable - and I know it's unrealistic - but if I could find a £10-15k 997 (with bore scoring issues etc) and high miles - means I can open around £15-20k get car to how it probably should have come out of Porsche factory.

Almost in a similar vibe to the RPM Technick 997 (https://www.youtube.com/watch?v=ANmQyLI70-g).

Its a big investment for me - as I love the M2 - but just lacks that feel of car wrapping around yourself or traditional coupes.

g7jhp said:
A 997.1 C2S will always have more potential to fail than a 997.2, but that does allow people to get into one at a lower cost.

At £20k+ even if you need a new engine at £10k it's still a £30k carm

Entry into a 997.2 C2S for £36k+ for 80k miles will still run a risk.

Main point would be buy on condition as there's plenty of other items to eat budget.

A well cared for 997.1 C2S with higher miles at a lower price maybe the best buy.

shuebc

Original Poster:

230 posts

110 months

Sunday 13th November 2022
quotequote all
Fnumber1user said:
If the prices aren't too your liking then you can always not buy. The market is what it is.
didn't think of that. Good suggestion.

shuebc

Original Poster:

230 posts

110 months

Sunday 13th November 2022
quotequote all
Yeh to be honest I prefer the rear lights of Gen 2 (but it might just be subconsciously knowing its the later version)

stuckmojo said:
I agree with that logic.

I think the 997.1 design is more cohesive and purposeful, as if the 997.2 is a restyling that "had" to happen.

Perhaps not the stupidest idea to buy a £20k 997, sort it and be ready for a Hartech rebuild when the time comes. This is in the context of a keeper.

Mind you, I used the same logic with my then £8,750 996 10 years ago - which I still have

shuebc

Original Poster:

230 posts

110 months

Sunday 13th November 2022
quotequote all
what was he looking for? and what was it? if he still has - and has full history - I might be interested.

Tagteam said:
A friend was trying to see a 997 and no interest for months and it was keenly priced . I would suggest that the prices may be a little toppy.