996 Turbo prices vs 997 Turbo.....
996 Turbo prices vs 997 Turbo.....
Author
Discussion

bund

Original Poster:

2,624 posts

249 months

Thursday 23rd February 2006
quotequote all
Do you think the arrival of the new Turbo will have a huge impact on 996 Turbo prices when it appears. I'm wondering if most people who have the current 996 Turbo are the people who will be collecting the first admittedly limited number of 997 Turbo's? If this is the case there will be a few more 996 Turbo's up for sale across the UK on various OPC forecourts.

Or is the car at such great value now and the new arrival all ready factored into the price?

>> Edited by bund on Thursday 23 February 10:56

mikeg996

875 posts

250 months

Thursday 23rd February 2006
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SELL!!!

kayc

4,492 posts

249 months

Thursday 23rd February 2006
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I think 996tt's have done most of their money now,especially older ones.Any 50k plus car loses at least 10% a year and with new m3's and s4's coming out at 50k 996tt's look good value.I remember 993's getting hit hard when the 996 came out which also looks in hindsight an overreaction.

rumplestiltskin

1,084 posts

250 months

Thursday 23rd February 2006
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Difficult to say. There is such a limited number of 997 TT's that the market will hardly be flooded with 996TT's, coupled with the fact that a fair few people who pick their 997TT's up in the next year or so might not even be currently driving 996TT's, I don't think there will be that many coming onto the market suddenly, more like a gentle trickle


turboguru

448 posts

258 months

Thursday 23rd February 2006
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Well I just cancelled my 997 Turbo order and am keeping my 996 TT! they wanted £10,000 deposit now and couldn't give me a build date etc but estimated 2 years. So why would I give them that money to just earn them interest when I have no gaurentee of when my car would arrive. I am going to get a Ferrari next - sod Porsche!!!

yorkie997s

118 posts

250 months

Thursday 23rd February 2006
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My OPC offered to pay interest on my £10k deposit for the GT3 - admittedly we didn't discuss rates!

bund

Original Poster:

2,624 posts

249 months

Thursday 23rd February 2006
quotequote all
2 year wait, when did you put your letter of intent in?

turboguru

448 posts

258 months

Thursday 23rd February 2006
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just over 12 months ago, they are bringing in 20 cars a year according to Reading OPC

vpr

3,922 posts

266 months

Thursday 23rd February 2006
quotequote all
turboguru said:
Well I just cancelled my 997 Turbo order and am keeping my 996 TT! they wanted £10,000 deposit now and couldn't give me a build date etc but estimated 2 years. So why would I give them that money to just earn them interest when I have no gaurentee of when my car would arrive. I am going to get a Ferrari next - sod Porsche!!!


Whilst I quite agree with Porsche trying to filter out the speculating parasites by having to part with 10k I think it's outragious that they can't give you a firm delivery date. I actually thought that it was law that they had to give a date if they had taken a deposit.

Needless to say I will not be parting with my 10k on that basis and will look to change my TT for a GT2.

simonharrod911

6,792 posts

260 months

Thursday 23rd February 2006
quotequote all
I was really rev'd about the new GT3, but £10k is just another Porsche piss take. You only need £5k to order a 430 or a Gallardo.

bund

Original Poster:

2,624 posts

249 months

Thursday 23rd February 2006
quotequote all
I think 10k for the people who may be getting there cars first maybe acceptable but still a a lot of money but not for the people who will have to wait nearly a year and so on....

Also im really starting to wonder if the car is really worth an extra 50k over a late 996 TT, im not sure anymore.

>> Edited by bund on Thursday 23 February 16:31

DanH

12,287 posts

288 months

Thursday 23rd February 2006
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bund said:
I think 10k for the people who may be getting there cars first maybe acceptable but still a a lot of money but not for the people who will have to wait nearly a year and so on....

Also im really starting to wonder if the car is really worth an extra 50k over a late 996 TT, im not sure anymore.

>> Edited by bund on Thursday 23 February 16:31


In any objective measure of course not. Subjectively there is an obvious appeal to having the newest and best.

In absolute terms the differences between these cars and their 996 iterations are almost negligable when you put them into the context of the whole automotive landscape. 0.2 seconds or whatever quicker to 100 is going to be pretty much undetectable.

mikeg996

875 posts

250 months

Thursday 23rd February 2006
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DanH said:
In absolute terms the differences between these cars and their 996 iterations are almost negligable when you put them into the context of the whole automotive landscape. 0.2 seconds or whatever quicker to 100 is going to be pretty much undetectable.


Indeed. I often have to pick my eyes out of the back of my head in the C2.

bund

Original Poster:

2,624 posts

249 months

Thursday 23rd February 2006
quotequote all
I think your both right. Im not that bothered about having the newest turbo, id just like A turbo.

DanH

12,287 posts

288 months

Thursday 23rd February 2006
quotequote all
bund said:
I think your both right. Im not that bothered about having the newest turbo, id just like A turbo.


Well get a nice 996TT then, and use the extra money to do some driver training (road or track, or both ideally) and you'll be faster than you would have been in the newer model without training, then spend the rest you save on something useful. imho

bund

Original Poster:

2,624 posts

249 months

Thursday 23rd February 2006
quotequote all
DanH said:
bund said:
I think your both right. Im not that bothered about having the newest turbo, id just like A turbo.


Well get a nice 996TT then, and use the extra money to do some driver training (road or track, or both ideally) and you'll be faster than you would have been in the newer model without training, then spend the rest you save on something useful. imho


SH%T!!!!!!! Do you think im going to need 50 k worth of training? Have you seen me drive before then....

DanH

12,287 posts

288 months

Thursday 23rd February 2006
quotequote all

lol, I said save the rest, but maybe you are right

Trust me, you don't want to examine the cost of trackdays too closely if you do decide to do a few.

bund

Original Poster:

2,624 posts

249 months

Thursday 23rd February 2006
quotequote all
I was going to put trackdays along with the money my girlfriend spends under the not to be looked at column.

ChrisW.

8,116 posts

283 months

Thursday 23rd February 2006
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I agree with KayC.

I really don't know why the 996 Turbo's have taken such a hammering.

But, it would make me worry long term about a 997 Turbo ....

Even the GT3 concerns me, and I reckon I bought a bargain !

Still, it's only money ....... and one has to live !!

wrn

432 posts

257 months

Friday 24th February 2006
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IMHO the early 996 TTs are 5 years old and in many instances no longer being driven by the people who will jump into 997 TTs - these people do not hang onto cars for 5 years and spending £100k on a car is a different market to £50k. Therefore, sub-£50k 996 TTs are a good buy and will not fall too far.

Some of the later 996 TTs on the forecourts will take a glorious hammering over the next 12 months - there are plenty marked up in the 70s, 80s and even 90s. They will set new standards for depreciation - particularly late model 996 Turbo Ss.

OPC Wilmslow recently sold a 2000 TT in Seal / Black for £49,995 (at least that is what it was stickered at) with 17k miles and 1 year OPC warranty. That's a steal and that's the sort of thing I am looking out for now... to replace my AMV8. I also feel that Arctic Silver cars are too common - and it's a colour which has 'been done' (my last 997 C2S cab was Arctic and I found it a bit boring) - so Basalt and Seal cars will be more 'interesting' on the future used market.

I am not bothered by nav on early cars (pre-PCM2) as it's an outdated system anyway (with mapping discs no longer being updated) and an aftermarket system will beat it. If you buy a sub-20k mile car (there are plenty around) you can stick another 20k miles on over a couple of years and, perhaps, lose £12k?

But I'm no expert!