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-   -   997's are almost the new affordable 911. (http://forums.pelicanparts.com/showthread.php?t=1165329)

fastfredracing 08-07-2024 09:51 AM

997's are almost the new affordable 911.
 
Its fun watching the p car market. I've been loosely following it for 30 some years now.
We are now in a time where the gap in 996 and 997.1` prices are not all that far apart . Sure, you can still get a rough auto vert 996 for 15 k , but decent color manual coupes seem to be mid 20 + cars now .
And at the same time, I am starting to see 997 auto verts sub 30, even a few in the mid 20's recently popping up . Clean manual, nice color/option 997 coupes still seem to bring decent money ,but not enough to make me look at fried egg headlight cars again
This rolling curve seems to happen with almost all but the worst of the sports cars . They go from new exciting and expensive, to a pricey used toy car for someone, to just another worn out used car, then regain some traction and get bought up , worked on, tracked, collected , whatever ..

cockerpunk 08-07-2024 09:58 AM

996s are still cheaper. 10k discount for the headlights.

epbrown 08-07-2024 10:05 AM

Quote:

Originally Posted by cockerpunk (Post 12298764)
996s are still cheaper. 10k discount for the headlights.

I think the 996s are deep into the “almost anyone can afford one” phase, where many are bought but poorly maintained, leading to dwindling numbers. On the other hand, they seem to be preventing the 997 from going thru that period.

CurtEgerer 08-07-2024 10:13 AM

I remember when the 996 first came out. My initial reaction was that the rounded design looked a bit like a Chevy Cavalier of the day! They've since grown on me a bit. I read a magazine article recently about how good these cars actually are. I've never driven one (other than a couple of GT3 versions which is a different kettle of fish) but I think they are a bargain at $20K or so, headlights not withstanding!

tdw28210 08-07-2024 10:19 AM

Quote:

Originally Posted by CurtEgerer (Post 12298777)
I remember when the 996 first came out. My initial reaction was that the rounded design looked a bit like a Chevy Cavalier of the day! They've since grown on me a bit. I read a magazine article recently about how good these cars actually are. I've never driven one (other than a couple of GT3 versions which is a different kettle of fish) but I think they are a bargain at $20K or so, headlights not withstanding!

The 996 turbos ares still really good cars. Metzger engine and no IMS drama. But I thought their low spot was like 10 years ago. Maybe they've returned back down? Still have the headlights though. :/

911boost 08-07-2024 10:52 AM

My bone stock 996TT was a great car. I sold it in 2018 when I got my 997. I follow their prices and they to have gone up about $15-20K since then for nice low mileage examples. Mine was a 2003 so it had the updated headlights and they never bother me. You cannot see them while driving. Totally agree on the Metzger.

If all I was looking for was a great GT car I would still have the 996TT but it was just a little boring on the twisty mountain roads around me based on how quick you got into the danger zone with very little effort.

For me the 997 is the sweet spot, but i am also a bit biased.

speeder 08-07-2024 11:31 AM

I bought my beat-up, high mileage 996 6-speed coupe for $12.6k in 2007. It was a great car, had a replacement motor and full H&R adjustable suspension plus full aero bodywork and fake GT2 front bumper, etc. I took it to the track on 100 deg days, drove it all over the west, never failed me. I miss that car all the time.

In about 2019(?), I passed on a 100k mile 2010 997.2 Carrera S 6-speed manual coupe in white w black interior for $39k. It needed tires and brakes yesterday and had a deep scratch in the hood, so the total price would have been higher. I was perusing the SF Bay Area CL last week and I saw someone trying to sell a 997.2 couple w PDK and 140k miles for $60k. Either the market has gone full retard or maybe the seller is just a loser who thinks that his car is that special? Idk... :rolleyes:

Tyson Schmidt 08-07-2024 12:16 PM

Bore score is driving down the 997 prices.

Baz 08-07-2024 12:29 PM

Auto Vert = automatic transmission convertible?

Rusty Heap 08-07-2024 01:48 PM

My 996 2003 C4S is a great touring car.

Not as sporty as my better handling nimble mid-engine 2007 Cayman tho'


One is Fast, the other Quick.

(both 6 speed manuals)

klaus 08-07-2024 02:40 PM

Quote:

Originally Posted by Tyson Schmidt (Post 12298857)
Bore score is driving down the 997 prices.

Bore scoring is a real problem, but I'd also say we are also seeing a correction in the used car market. Things were getting out of control and ordinary / high mileage cars were selling for way too much. Now we have those prices coming back to earth.

There are a lot of people who paid top of the market who thought they were buying "investments" and now when they go to sell there are no takers.

speeder 08-07-2024 03:30 PM

I can absolutely remember finding nice but not showroom condition 997 turbos w 6-speed manual transmission for low-60s less than 10 years ago. In great colors with normal miles. Now, those are over $100k.

wildthing 08-07-2024 06:12 PM

Quote:

Originally Posted by speeder (Post 12298831)
I was perusing the SF Bay Area CL last week and I saw someone trying to sell a 997.2 couple w PDK and 140k miles for $60k. Either the market has gone full retard or maybe the seller is just a loser who thinks that his car is that special? Idk... :rolleyes:

This one? https://sfbay.craigslist.org/pen/cto/d/san-mateo-2012-porche-911-carrera/7767647494.html. Yeah a little high. But he says it's 2012. I honestly thought by 2012 all the 997 Ses were gone. Maybe it's a late 2011 build. But still, 120K miles.

OTOH this non-S is $35K: https://sfbay.craigslist.org/sfc/cto/d/san-francisco-2009-porsche-coupe/7770893985.html

I've seen 997.2S PDK with > 100K miles for $40K. Honestly I gave up on finding one and just went with a 991.1S. (See the affordable 997 thread.) I am missing the smallness, and maybe the hydraulic steering.

Gogar 08-07-2024 08:03 PM

One more year and I'm chronologically the same distance from a 997 as I was from my 1983 SC when I bought it

A930Rocket 08-07-2024 08:32 PM

While I prefer another 930, I’m seeing some driver 996 TT’s For cheap.

This one is $42k

https://www.facebook.com/share/p/EqCbmXnGK4JiUYfH/?mibextid=79PoIi

http://forums.pelicanparts.com/uploa...1723091591.jpg

stealthn 08-08-2024 05:31 AM

Sadly the 996 GT3’s are still too high in price for me.

cockerpunk 08-08-2024 06:53 AM

Quote:

Originally Posted by epbrown (Post 12298771)
I think the 996s are deep into the “almost anyone can afford one” phase, where many are bought but poorly maintained, leading to dwindling numbers. On the other hand, they seem to be preventing the 997 from going thru that period.

thats the most important phase cause i buy cars to use them and when im done the cash value is zero.

a 20 grand car isnt that expensive. burning 20k dollars is a lot more expensive.

fastfredracing 08-08-2024 07:11 AM

Quote:

Originally Posted by cockerpunk (Post 12299280)
thats the most important phase cause i buy cars to use them and when im done the cash value is zero.

a 20 grand car isnt that expensive. burning 20k dollars is a lot more expensive.

Im with you . Im in the income bracket where, I have a hard time justifying a 50k+ toy car that I rarely use .
I have historically bought almost of my p cars when they were at the bottom of the depreciation curve .
Its worked out well for me . I usually purchase them broken ( which does not always pen out $ wise in the Porshe world ) . But I end up getting to enjoy cars that I once only dreamt about , and often times, the value slowly creeps up over the years .
Got to learn a ton also . It's been a great ride .

cockerpunk 08-08-2024 07:16 AM

Quote:

Originally Posted by fastfredracing (Post 12299295)
Im with you . Im in the income bracket where, I have a hard time justifying a 50k+ toy car that I rarely use .
I have historically bought almost of my p cars when they were at the bottom of the depreciation curve .
Its worked out well for me . I usually purchase them broken ( which does not always pen out $ wise in the Porshe world ) . But I end up getting to enjoy cars that I once only dreamt about , and often times, the value slowly creeps up over the years .
Got to learn a ton also . It's been a great ride .

i buy them when they are cheap, modify them for very specific and unprofitable activities and then proceed to drive them into the ground.

this car is a basic 99 C2, with GT3 suspension, GT3 thrid radiator, raised back to stock ride height on custom spacers, on studs, trailer hitch, with a wavetrack LSD. still needs lights, a snowbank front bar, and some headers.

<iframe width="560" height="315" src="https://www.youtube.com/embed/RWdxNvjyvdw?si=XsYNNUdCHV72UZRk" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>

still currently lacks body damage, but its only a matter of time.

maxnine11 08-08-2024 07:01 PM

There's getting to be a larger gulf between 997.1 prices and 997.2 prices.
The 997.1s being somewhat above 996 prices; and the 997.2 getting close to 991.1 values.
Mostly because of the substantially upgraded engine. And a PDK trans instead of a Tiptronic if you go with an auto trans.


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