Joined: 04 Mar 2018 Posts: 101 Location: Lancashire
Posted: Sun Apr 15, 2018 5:02 pm Post subject: 997.1 Turbo values?
I'm considering adding a 997.1 Turbo to the fleet.
Because it's a new idea (I've only just got my first 911 but these things are really grabbing me already!) I haven't had the benefit of tracking their values over time.
As it would be a 6th car I would be looking towards the £45K - £55K mark although my favourite dealer has a 640bhp car for £65K so I wouldn't rule it out.
So- what's happening out there value wise? Are they rising yet and if so both Tip and manual or are the manuals rising the quickest?
Given 996 Turbo values appear to be on the rise you can't help but feel the 997 is undervalued in comparison?
Thanks in advance. _________________ 997.1 Carrera Guards Red
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Ishay Monza
Joined: 28 Aug 2015 Posts: 191
Posted: Sun Apr 15, 2018 5:12 pm Post subject:
I’m sure somebody who has been tracking them longer could tell you the longer term trend but manuals have been around £55k for highER (55-75k miles) cars and only venturing below £50k for very high miles 85k+ for at least 2 years.
I believe low mileage cars have been appreciating for a while already. So the curve has certainly bottomed out.
mavster Monza
Joined: 11 Aug 2012 Posts: 237 Location: East London/Kent
Posted: Sun Apr 15, 2018 5:24 pm Post subject:
£55k will get you a nice 2007 low mileage auto Turbo cab
From a luxury car dealer,... Like the one below
Joined: 04 Mar 2018 Posts: 101 Location: Lancashire
Posted: Sun Apr 15, 2018 5:47 pm Post subject:
Thanks but I'm sticking to Coupes in the search although I can definitely see the appeal of a convertible.
I'd like manual too but can see they are something of a variety!
What I'm keen to understand is less what a certain budget will get (I've done some research and have a basic understanding of what 50/55/60/65 buys) but more how those figures have moved over the last 3 years, 2 years and 1 year so I can understand the trend and make a prediction for the future, notwithstanding that things don't move in straight lines. I it's haven't been tracking Turbos for long enough to make that call. _________________ 997.1 Carrera Guards Red
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BMW Alpina B9 3.5
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crash7 Montreal
Joined: 28 May 2011 Posts: 521
Posted: Sun Apr 15, 2018 5:48 pm Post subject:
Manuals demand more money and will continue to do so. - It's the same with 996's.
Its difficult to generalise accurately as age, condition, history and spec play a part, but if you want a manual you will be looking at 55 and above.
Prices are rising, albeit of late slowly.
T8 General
Joined: 29 Jun 2010 Posts: 14707 Location: Kent
Posted: Sun Apr 15, 2018 5:55 pm Post subject: Re: 997.1 Turbo values?
b9boy wrote:
....... So - what's happening out there value wise? Are they rising yet and if so both Tip and manual or are the manuals rising the quickest?
Given 996 Turbo values appear to be on the rise you can't help but feel the 997 is undervalued in comparison?
Values of 996 Turbos bottomed out in early 2013 at which time you get a really nice car for under £30k. They stayed there until early 2015 at which time you could get a similarly nice 997T for about £43k.
Later in 2015 and throughout 2016 things went a bit berserk for the 996T and values rose significantly and values crossed with the Gen 1 997Ts though they rose too.
Last year the market settled back down with values of the 996T generally falling back below the 997T. Low mileage cars were less affected but cars for sale seemed to stay on the market a bit longer.
You can still pay more for a 996T than an equivalent mileage 997T but for an average mileage car you'd normally expect to pay more for the newer model.
Asking prices for all of them are a little down at the moment from where they were last year and seem to have stabilised.
Both variants are great cars. I'd always suggest driving both to see which you prefer - especially if spending the same £££s.
Apart from when they were new 6-speed cars have always been dearer to buy than equivalent Tiptronics but, percentage wise, the gap seems to be larger now than ever before.
Happy Hunting. _________________ 2007 Guards Red 997 Turbo Tiptronic
ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
Boba fett Indianapolis
Joined: 14 May 2015 Posts: 2275
Posted: Sun Apr 15, 2018 6:24 pm Post subject:
Speak to any specialist, they will all tell you to get a 997.1 Turbo manual, its the best and prices are set to go mental, it will happen, could be tomorrow, it could be in a few years, but it will happen. Probably the perfect 911 Turbo, with its mix of all the best bits over many years of 911 R&D.
Ring a few. Trust me.
So much going for the car - drive, power, shape, Kudos, and its legendary engine.
Jam911 Barcelona
Joined: 31 Oct 2010 Posts: 1419
Posted: Sun Apr 15, 2018 6:57 pm Post subject:
. _________________ Current '07 997 C4S
Ex '99 2.5 Boxster
Scholester Suzuka
Joined: 16 Jan 2012 Posts: 1046 Location: South West
Posted: Sun Apr 15, 2018 10:29 pm Post subject:
They are a fab car to own. Mine gets driven infrequently but it's a real trouser twitching experience when the turbos spool up.
I replaced the std exhaust with a Kline system last year (200c cats) and stainless headers to improve the muted sound. They are real stealth cars and nicely understated and the Kline does not spoil this.
Value wise, a definite rise in the last couple of years - around 15-20% I would say for good cars but what the future holds is crystal ball time. I don't think you will lose money in the medium term if you were to buy now so that has got to be reason enough _________________ 997.1 Turbo Coupe, manual, black/black. 29k miles under its belt.
apollokre1d Sepang
Joined: 06 Nov 2012 Posts: 2814 Location: United Kingdom
Posted: Mon Apr 16, 2018 6:32 am Post subject:
They are awesome cars regardless of which way values go, get one you won't be sorry _________________ Black 997 9e Turbo Manual
Black 997 C4S Manual - Sold
Main Force Patrol Spa-Francorchamps
Joined: 10 Dec 2017 Posts: 291 Location: Wirral - The cold North
Posted: Mon Apr 16, 2018 9:10 am Post subject:
I posted a few weeks ago an extract from Pistonheads about the prices of general exotica and it specifically mentioned the 997T as an undervalued option.
I spent about 2/3 months of hovering over 997’s with a view to get a very specific spec car, in the end out it turned out the Turbo was the one for me
For what it is worth, I think the prices have more to go and when I relook there are 2 things that stand out, there isn’t many out there and the prices haven’t moved down since January
But then again, I like most are the master of Man maths !
P.S. Chester OPC had a nice low miler at 90 miles for a bargain £105,000 _________________ Porsche 911 997 Turbo Aerokit in Guards Red - With more extras than a fat man ordering his curry
Lotus Elise 111r - Few extras, lucky to get a steering wheel, but boy what a go kart it is
I'm considering adding a 997.1 Turbo to the fleet.
Because it's a new idea (I've only just got my first 911 but these things are really grabbing me already!) I haven't had the benefit of tracking their values over time.
As it would be a 6th car I would be looking towards the £45K - £55K mark although my favourite dealer has a 640bhp car for £65K so I wouldn't rule it out.
So- what's happening out there value wise? Are they rising yet and if so both Tip and manual or are the manuals rising the quickest?
Given 996 Turbo values appear to be on the rise you can't help but feel the 997 is undervalued in comparison?
Thanks in advance.
Values are firm for good clean low mileage examples with a good service history. Manual box cars at a premium versus tiptronic. Modified cars has a smaller pool of buyers. History and condition is everything. The Turbo is a high maintenance car. Most desirable is a well-maintained car which will be at a premium. Prices in future? If Mars enters the cusp of Venus with Saturn rising then prices will continue upwards but gradient difficult to predict. _________________ 996 2002 X50 Turbo Manual
"Once bitten; forever smitten"
Callughan911 Monza
Joined: 06 Mar 2009 Posts: 194 Location: London
Posted: Mon Apr 16, 2018 7:16 pm Post subject:
Hard to gauge, some of dealers that I have spoken to are not really interested in spec, condition or how it's been maintained and the trade prices they have offered are a huge spread circa £15k. I can understand if the cars need a lot of work which is easy on a 7t, but i've spent an insane amount on maintenance so will be instead selling private soon to a go to a deserveedly good home.
BChivs Spa-Francorchamps
Joined: 02 Aug 2017 Posts: 340
Posted: Mon Apr 16, 2018 8:35 pm Post subject:
Does anyone think the number of owners effects values much? _________________ Ex 996C4S, manual, Polar Silver - Gone to the dogs!
Callughan911 Monza
Joined: 06 Mar 2009 Posts: 194 Location: London
Posted: Mon Apr 16, 2018 8:37 pm Post subject:
BChivs wrote:
Does anyone think the number of owners effects values much?
Not in Porsche world
cheshire911 Estoril
Joined: 10 Jun 2012 Posts: 3750
Posted: Tue Apr 17, 2018 6:27 pm Post subject:
BChivs wrote:
Does anyone think the number of owners effects values much?
Not really but check the duration of ownership in the past 8-10 years.
These cars go through cycles of having money being spent by a new owner who drives it and then the impact of each service highlights additional work that may be skimped. A shopping list accumulates and triggers a decision to sell and another owner can pick up the showing in his enthusiasm to have a 'sorted car'
Prices rose a lot in 2013-2016 and then softened to the present day. So be aware that some are simply cashing in on a risen market but the cars still might need considerable cash spent under new ownership.
Talk to some indys and they will tell you what I mean and give you examples of cars bought by enthusiastic owners who needed sniffing salts to revive them on that 'sorted' car and great remarks off the back off photos in ads.
The only way to see a good car is from underneath - judging them shiny side up can be a costly mistake. _________________ 996 2002 X50 Turbo Manual
"Once bitten; forever smitten"
Boba fett Indianapolis
Joined: 14 May 2015 Posts: 2275
Posted: Tue Apr 17, 2018 7:21 pm Post subject:
Strangest thing is, no matter who you meet, specialists and enthusiasts / people who knows cars, they all say the same thing...
"In a few years that will be worth a hell of lot more, keep hold of it"
Ishay Monza
Joined: 28 Aug 2015 Posts: 191
Posted: Fri Apr 20, 2018 4:04 pm Post subject:
I notice the only sub50k one (on higher miles) sold in the last few days. Did you buy it OP?
b9boy Silverstone
Joined: 04 Mar 2018 Posts: 101 Location: Lancashire
Posted: Sat Apr 21, 2018 5:30 am Post subject:
Ishay wrote:
I notice the only sub50k one (on higher miles) sold in the last few days. Did you buy it OP?
No, not guilty Ishay. Still considering what to do.
Buying one would realistically trigger the sale of my classic BMW Alpina so that it could have garage space and that's a big deal to me. Having said that all it usually takes is for the right car to come along.... _________________ 997.1 Carrera Guards Red
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BMW 230i M Sport Coupe
BMW Alpina B9 3.5
BMW 750iL V12
Peugeot 106 Rallye S1 1.3
James4444 Newbie
Joined: 08 Mar 2014 Posts: 46
Posted: Sat Apr 21, 2018 7:25 pm Post subject:
I have followed prices and I'm' not sure they have risen as much over the past 4 years or so as you'd think.
Those £43k cars from about 3 years ago probably had 35-45k miles on them back then. Three years on and they've now probably got 50-60k miles on them. Trade in to a dealer and you'll get around £50k, perhaps more private.
So a £7k rise in three years ...
... but what's the running cost? Varies from car to car, but I'd say around £1.5k to £2k pa over a number of years if you are the 'self-insure' variety and lucky. Porsche warranty is £1.4k, tax is £500 and a few other bits will take you towards £2.5k pa. 3 years of that and there is your 'appreciation' gone.
Of course you've had 'free' motoring and that's great. Probably better than any other £50k car you could have bought, and what a way to have free motoring
But as an 'investment', I don't think so.
Some 4 or 5 years ago these were going to 'go through the roof' It hasn't happened and I don't think it will in the medium term either (circa 5 years).
This analysis doesn't not comply with the fundamentals of man maths and should not be shared with an wives or spouses under any circumstances.
J
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