Crown

Board: Porsche - 911 - 997 Language: English Region: Worldwide Share/Save/Bookmark Close

Forum - Thread


    What do you think a base 997 will be worth in 2 years?

    I can't afford a new 997 but will be looking for a pre-owned. I came close to purchasing a 993 from Holtmotorsports in PA (great collection of 993's). Then the 997 came out. I really loved the design inside and out. I keep cars for a long time and will need it as a daily driver, and maybe, just maybe take it skiing up to Snowshoe W. Virginia.

    So I need a car that will be a little more refined and liveable than the 993. Also helps that the back seat is a little larger for our now 8 month old little man.

    I'm assuming a base 997 with 19in wheels (the only option I care about) purchased for around $72,000 USD will be worth 70% of that in 2 years ($50,400). I would imagine the 997 would hold its value better than the 996 because of at least a perceived better build quality, if not actual.

    That would be in my price range then...for at least a deductible home equity line anyway.

    I hope a lot of people order Atlas Grey..that's the color I'm looking for on the second hand market!

    Anyone know what the dealer is quoting on residuals? Are they realistic or inflated? When I bought my wifes Passat it was a rediculous quote on the lease. Very unrealistic.

    Thanks and enjoy your cars..take good care of them because some of us are waiting in the wings for our turn!

    Re: What do you think a base 997 will be worth in 2 years?

    I'm no expert but the existence of as many 997Ss on the used car lot might be an additional factor to consider.

    IOW, The gap between a used 997s and a used 997 might have to be wider than you think.

    Re: What do you think a base 997 will be worth in 2 years?

    leveraged -

    You ask a very good question, one I'm trying to figure out as well. My base 997 (arctic, sorry) is due to arrive next month, and my decision to buy vs. lease hinges on depreciation. In other words, if the car is perceived to be reliable, I will buy the car and hope that after 3 years it will depreciate less than what PCNA lease residuals are.

    Currently, a 3 year, 12,000 mile a year lease has a 58% residual value...pretty low IMHO. Many manufacturers got stung when they rolled out artificially high lease residuals several years ago, and paid the price when they shipped the car off to auction. They got less for the car at auction, and the former lessee benefitted from low lease payments.

    So to answer your question, I really don't know. Your 70% residual seems like a "safe" number if you compare it to how much PCNA thinks the car will depreciate on a lease.

    I have a '95 C4 daily driver that I find very comfortable and my 7 and 5 year-old children fit very well in the back. You may want to reconsider getting a 993...mine has been bulletproof and so much fun to drive. (It's for sale if you would like some addtl' info, btw)...

    Good luck, you are a much more patient man than I!

    Re: What do you think a base 997 will be worth in 2 years?

    Thanks Jason,

    I try to keep a long term outlook. The way I see it, I've wanted a 911 since I was 12. So I figure 2 more years won't kill me..though it is tough not to think about it!
    I have to live vicariously through you guys.

    Once I drove a 911 (first one was a '86 3.2 targa) I was hooked. But of course there are things I had to check off 'lifes list' before persuing the p-car:
    Stable job (oxymoron)
    401k
    529 (college for son)
    House
    Porsche Fund

    Re: What do you think a base 997 will be worth in 2 years?

    Good thinking leveraged. Family, savings, work, etc...should always come first. Think of it this way: if you focus on your career and savings/investments the material things you want will come naturally.

    I just wouldn't pass up a good 993 if you find one. Holt has a good reputation in the Northeast, despite the fact that his prices tend to be on the high end. It's such a rewarding and fun car to drive.

    Re: What do you think a base 997 will be worth in 2 years?

    $50K in 2 years time?...don't think so, unless the car has a ton of miles and shows more than double its age.

     
    Edit

    Forum

    Board Subject Last post Rating Views Replies
    Porsche Sticky SUN'S LAST RUN TO WILSON, WY - 991 C2S CAB LIFE, END OF AN ERA (Part II) 4/17/24 7:16 AM
    GnilM
    778105 1798
    Porsche Sticky Welcome to Rennteam: Cars and Coffee... (photos) 4/7/24 11:48 AM
    Boxster Coupe GTS
    442042 565
    Porsche Sticky OFFICIAL: Cayman GT4 RS (2021) 5/12/23 12:11 PM
    W8MM
    262948 288
    Porsche Sticky OFFICIAL: Porsche 911 (992) GT3 RS - 2022 3/12/24 8:28 AM
    DJM48
    261200 323
    Porsche Sticky The new Macan: the first all-electric SUV from Porsche 1/30/24 9:18 AM
    RCA
    85464 45
    Porsche Sticky OFFICIAL: Taycan 2024 Facelift 3/15/24 1:23 PM
    CGX car nut
    5701 50
    Porsche The moment I've been waiting for... 2/1/24 7:01 PM
    Pilot
     
     
     
     
     
    880866 1364
    Porsche 992 GT3 7/23/23 7:01 PM
    Grant
    816466 3868
    Porsche Welcome to the new Taycan Forum! 2/10/24 4:43 PM
    nberry
    391114 1526
    Porsche GT4RS 4/21/24 11:50 AM
    mcdelaug
    390299 1454
    Others Tesla 2 the new thread 12/13/23 2:48 PM
    CGX car nut
    372460 2401
    Porsche Donor vehicle for Singer Vehicle Design 7/3/23 12:30 PM
    Porker
    369081 797
    Porsche Red Nipples 991.2 GT3 Touring on tour 4/11/24 12:32 PM
    Ferdie
    289366 668
    Porsche Collected my 997 GTS today 10/19/23 7:06 PM
    CGX car nut
     
     
     
     
     
    261488 812
    Lambo Huracán EVO STO 7/30/23 6:59 PM
    mcdelaug
    240331 346
    Lotus Lotus Emira 6/25/23 2:53 PM
    Enmanuel
    230747 101
    Others Corvette C8 10/16/23 3:24 PM
    Enmanuel
    221301 488
    Others Gordon Murray - T.50 11/22/23 10:27 AM
    mcdelaug
    169456 387
    Porsche Back to basics - 996 GT3 RS 6/11/23 5:13 PM
    CGX car nut
    141213 144
    BMW M 2024 BMW M3 CS Official Now 12/29/23 9:04 AM
    RCA
    117717 303
    Motor Sp. 2023 Formula One 12/19/23 5:38 AM
    WhoopsyM
    108763 685
    Porsche 2022 992 Safari Model 3/7/24 4:22 PM
    WhoopsyM
    84286 239
    AMG Mercedes-Benz W124 500E aka Porsche typ 2758 2/23/24 10:03 PM
    blueflame
    75159 297
    Porsche 992 GT3 RS 3/3/24 7:22 PM
    WhoopsyM
    53745 314
    Motor Sp. Porsche 963 3/16/24 9:27 PM
    WhoopsyM
    25166 237
    Ferrari Ferrari 296 GTB (830PS, Hybrid V6) 1/21/24 4:29 PM
    GT-Boy
    21179 103
    BMW M 2022 BMW M5 CS 4/8/24 1:43 PM
    Ferdie
    19510 140
    AMG G63 sold out 9/15/23 7:38 PM
    Nico997
    16594 120
    AMG [2022] Mercedes-AMG SL 4/23/24 1:24 PM
    RCA
    13797 225
    Motor Sp. 24-Hour race Nürburgring 2018 5/25/23 10:42 PM
    Grant
    11269 55
    126 items found, displaying 1 to 30.