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Is it me or have Turbo prices softened - Brexit/Elections?

I get the same impression. The fact is, they're part of the water cooled era which is still going so there will always be newer better versions, especially for a car that visually doesn't change all that much. So why would it keep going up in price when you can buy a brand new modern turbocharged 911 Carrera that is just as quick and far more efficient. In fact there are modern hot hatches that are almost as quick and cost comparitively nothing to run. I think a lot of the more common air cooled stuff will soften as well.
 
Both examples are autos though, if anything I was surprised to see the seal grey private 996 Turbo with 66k saying under offer advertised £44/45k ish.

Are there really hot hatches with 450 bhp? Even if there is it wasn't even on my radar when I wanted to buy a 911 Turbo. I actually have never heard of someone looking for a 911 Turbo ending up with a focus RS instead.
 
Niall996 said:
I get the same impression. The fact is, they're part of the water cooled era which is still going so there will always be newer better versions, especially for a car that visually doesn't change all that much. So why would it keep going up in price when you can buy a brand new modern turbocharged 911 Carrera that is just as quick and far more efficient. In fact there are modern hot hatches that are almost as quick and cost comparitively nothing to run. I think a lot of the more common air cooled stuff will soften as well.
Click to expand...

Don't think prices are softening. £50k for a 2007 997.1 turbo tip with 57k miles is strong money.

With reference to the comments regarding hot hatches -

I was recently looking for a new daily driver to replace my BMW M3.

Thought I'd economise and get a hot hatch.

Test drove the new Gold R, Mercedes A45AMG, CLA45AMG, new Focus RS etc and was thoroughly dissapointed. Compared with a 997 turbo they feel like an underpowered diesel.....lol

Decided to increase my budget to £70k and looked at Mercedes C63S AM and M4 competition pack.

Eventually bough a new BMW M4 competition pack which is an excellent car but still not comarible to a 997.2 turbo.

Anyone thinking a new hot hatch can compete with a 997 turbo are just dreaming. Go and drive a few to compare.
 
Bikeracer1098 said:
Niall996 said:
I get the same impression. The fact is, they're part of the water cooled era which is still going so there will always be newer better versions, especially for a car that visually doesn't change all that much. So why would it keep going up in price when you can buy a brand new modern turbocharged 911 Carrera that is just as quick and far more efficient. In fact there are modern hot hatches that are almost as quick and cost comparitively nothing to run. I think a lot of the more common air cooled stuff will soften as well.
Click to expand...

I was recently looking for a new daily driver to replace my BMW M3.

Thought I'd economise and get a hot hatch.

Test drove the new Gold R, Mercedes A45AMG, CLA45AMG, new Focus RS etc and was thoroughly dissapointed. Compared with a 997 turbo they feel like an underpowered diesel.....lol

Decided to increase my budget to £70k and looked at Mercedes C63S AM and M4 competition pack.

Eventually bough a new BMW M4 competition pack which is an excellent car but still not comaribke to a 997.2 turbo.

Anyone thinking a new hot hatch can compete with a 997 turbo are just dreaming. Go and drive a few to compare.
Click to expand...

The point of a turbo in it's day was stratospheric performance. 0-60 in 4 secs was a huge deal in the early 2000's. Today a Merc A45 does it. And as electric power becomes more mainstream, so will your standard Mondeo. My point is I don't think people value classic cars from a pure performance perspective. So where does that leave the 996 turbo. Epic performance in it's day but you can get the same performance from,a modern brand new Carrera. Would I still buy a 996 turbo, yes, it's a fantastic car. But at what price, that's what this thread is about. They were a real steal at 25K. Once they go over 40-50K, I'm not sure. Is it a classic in the sense that performance isn't so important and it's about character, charm, looks, nostalgia, investment potential etc? I don't see it in that space. I see the 996 to 991 as one continuous line that's still being made. But then I don't get why people are paying mad money for old Cavaliers, BMW's and Peugeots.

In fact in theory the NA cars should be more desirable in the future if people are seeking the old world analogue experience. Which is why the GT3 is probably the one that will keep going up. And in the future basic lightweight Carrera 2's.
 
Earlier this year I thought if the right 997 gen 2 turbo comes along I would snap it up - but as the 991 turbo prices are starting to fall its very hard to decided what I would rather have.

A 997 gen 2 turbo for £70k or 991 turbo for @£90k
 
porschepower said:
Earlier this year I thought if the right 997 gen 2 turbo comes along I would snap it up - but as the 991 turbo prices are starting to fall its very hard to decided what I would rather have.

A 997 gen 2 turbo for £70k or 991 turbo for @£90k
Click to expand...

Personally I'd buy a 991.1 turbo S for £90k ish however a matter of personal choice.

Drive both cars and then decide.
 
Niall996 said:
I get the same impression. The fact is, they're part of the water cooled era which is still going so there will always be newer better versions, especially for a car that visually doesn't change all that much. So why would it keep going up in price when you can buy a brand new modern turbocharged 911 Carrera that is just as quick and far more efficient. In fact there are modern hot hatches that are almost as quick and cost comparitively nothing to run. I think a lot of the more common air cooled stuff will soften as well.
Click to expand...

Re: 997 Turbo link you posted-

How does that show softening of prices? It shows the opposite! 50k for a marmite colour plus it's a tiptronic and high miles.

That same car would have been listed at very low 40's 2/2.5 years ago- with the same miles and spec. In fact I test drove a tip 997 Turbo at a very well regarded specialist 2.5 years ago, with far lower miles at 34k in a more popular colour, WITH warranty and it was listed at 43,000

You've got a funny definition of softening prices in my opinion.

As for your hot hatch point

:floor:

Post a link to a 530 bhp hot hatch that will beat a Ferrari 458 over a 1/4 mile run, costs a few hundred a year to insure and has a 2 year/20,000 miles service interval.

Looking forward to it..
 
Couple of points to consider:

1. Prices in ads bear little resemblance to overall condition unless an enquiry to the seller reveals how much has been spent based on the inbound inspection.

2. To get an idea of values, its worth considering the overall scarcity of the model, the mileage and manual v tiptronic box.

Good clean low mileage 996/997 Turbo with manual box and provenance will command premium price.
 
Roger Barker said:
Re: 997 Turbo link you posted-

How does that show softening of prices? It shows the opposite! 50k for a marmite colour plus it's a tiptronic and high miles.

That same car would have been listed at very low 40's 2/2.5 years ago- with the same miles and spec. In fact I test drove a tip 997 Turbo at a very well regarded specialist 2.5 years ago, with far lower miles at 34k in a more popular colour, WITH warranty and it was listed at 43,000
Click to expand...

The above is true but in fairness asking prices for Gen1 997 Turbos (and 996 Turbos for that matter) were higher 12 months ago than they are now so some 'softening' has taken place.
 
They have?

I don't look daily (or even weekly) I'll admit but I have not really noticed a softening over the last 12 months in gen 1 values. Your talking about the gen 1 specifically as far as manuals prices seem to be rising, tips they look to be stable to me.

Two/three years ago the gen 1 Turbo was seriously undervalued IMO it was an absolute bargain considering what it offers, still is really.

Gen 2/Turbo S has risen quite strongly and good low mile cars very hard to come by just look at how few are for sale and how few are with the best indie dealers I have been offered more than I paid for my car with 8k extra miles two years after I bought it.

Of course when looking at list prices we don't know the exact condition of the car or how it drives that's a given. I don't see any good gen 1/gen 2 car hanging around at all even at strong money.
 
Roger Barker said:
Niall996 said:
I get the same impression. The fact is, they're part of the water cooled era which is still going so there will always be newer better versions, especially for a car that visually doesn't change all that much. So why would it keep going up in price when you can buy a brand new modern turbocharged 911 Carrera that is just as quick and far more efficient. In fact there are modern hot hatches that are almost as quick and cost comparitively nothing to run. I think a lot of the more common air cooled stuff will soften as well.
Click to expand...

Re: 997 Turbo link you posted-

How does that show softening of prices? It shows the opposite! 50k for a marmite colour plus it's a tiptronic and high miles.

That same car would have been listed at very low 40's 2/2.5 years ago- with the same miles and spec. In fact I test drove a tip 997 Turbo at a very well regarded specialist 2.5 years ago, with far lower miles at 34k in a more popular colour, WITH warranty and it was listed at 43,000

You've got a funny definition of softening prices in my opinion.

As for your hot hatch point

:floor:

Post a link to a 530 bhp hot hatch that will beat a Ferrari 458 over a 1/4 mile run, costs a few hundred a year to insure and has a 2 year/20,000 miles service interval.

Looking forward to it..
Click to expand...

I didn't actually post the link. But anyway, I think you'll find that the latest entry Carrera is as fast on paper and probably quicker in the real world if you can find a place. I don't know what they cost in the UK but in a year or two? Would someone really want to pay as much for a 996 turbo with mileage etc against one of those? On the hot hatches, there are hundreds of videos on you tube showing pretty ordinary cars tuned up a bit doing very well against vastly more expensive kit.

You asked for a Ferrari comparison.

https://www.youtube.com/watch?v=3KxErecSElc&spfreload=10

But pure numbers are only a fraction of the story. My fundamental point is, why would a 996TT keep rising when it's lineage continues to exist and be evolved all the time. As good as it is, a wider section of the car world has caught up with level of performance. It's bhp isn't enough anymore to guarantee some infinite growth in values. It's hitting a ceiling I would think and that ceiling is set by the price of new and nearly new 911's. Air cooled I get. They don't make them anymore. It's a limited pool. And they have a unique iconic body shell (up to the 964 anyway) and a story that goes with it. IT's a love affair. I just don't see the 996TT in that same space.
 
Maybe the answer is in the point you're trying to make?

The 991 is not the same lineage as the 996. Its a completely different engine, completely different chassis, made for a different time and consumer. The 991 is more a large tourer than a 'relatively' nimble sports car.

Because of this the 996 will find its own space, just like the 993 and the 997.1. It is unique in several ways and has arguably a more involved drive than the younger cars.

But just like everyone else, I can't predict the market. When I bought mine I could have had a 996 GT2 for only a few £k more but thought it wasn't worth the extra! :pc:
 
Not sure of any softening. I bought a 2009 50k mile tip 1.5 turbo 12 months ago for £54k I've spent £1000 on updating the interior and £2000 on a Kline. To me it's perfect now and I love the tip! I saw one today for sale same mileage for £60k and mine got fully adaptive seats the one for sale comfort no big deal but I know which ones I'd have!

These cars are special!! In tip or manual I've driven both!
 
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