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Depreciation
- Thread starter andymac
- Start date
It was likely to be a 90 grand car when new so has already suffered its maximum depreciation.The least number of previous owners the better and it needs to have OPC service history. Make sure it's in good order and then just enjoy driving it. Next summer there may quite a wide choice as more owners will be upgrading to the new 997TT and prices may therefore soften a bit more.ORIGINAL: andymac
I'm going to be buying my 996 turbo in the summer next year.
How much will the price drop on a turbo at an OPC going for about 49k now ?
Cheers
Andy[8D]
I owned one for over 3 years and it's a wonderful car. Enjoy
Regards,
Clive[
In terms of money I've lost a shed load on my car and I don't particularly relish the experience again with the 997. I would hope once the 996 turbo gets into boxster money it will be propped up by customers new to the marque because lets face it it's dead easy to drive and pretty cheap to maintain too, indeed my last service cost me £320 and even with the uplift in warranty costs I feel is still a bargin, particualrily on the turbo but don't tell Porsche that. I could be one of few owners that feels like this but right now I feel like keeping it until it falls to peices, and that may be some time off yet.
Hi Marcus,ORIGINAL: marcus a
I know the new car will be better to drive and quicker too but I expect this will be in small margins rather than a huge leap forward, but I would welcome your comments here ???
I've got some bad news for you! The 997TT is a sea change difference to the previous model.
It's a proper sports car again as opposed to a sports tourer. It's stiffer, has a lot more grunt and both handling and roadholding to take your breath away - if your budget will run to one then I would earnestly recommend you get one. [
If you are thinking of changing then I would do it sooner rather than later for the reason I have already mentioned.
Although there were a number of 996TT's around when I sold mine in the Autumn, there weren't too many 1 owner/enthusiast cars around and several buyers told me how poorly looked-after some of the cars they had seen were.
Hope this helps.
Seasons Greetings
Clive
sniper
New member
The 996TT is just so good that you sometimes forget it.
No doubt the 997TT is far superior - but for £50K you can purchase a lovely 02-03 996TT as apposed to £100k plus for a 997TT.
marlin
New member
ORIGINAL: sniper
No doubt the 997TT is far superior - but for £50K you can purchase a lovely 02-03 996TT as apposed to £100k plus for a 997TT.
that about sum's up the debate[
Or of course you can wait until the 997T is 3 years old and pick one of those up at around the same sort of price.[ORIGINAL: sniper
No doubt the 997TT is far superior - but for £50K you can purchase a lovely 02-03 996TT as apposed to £100k plus for a 997TT.
Merry Christmas
garyw
Moderator
I was surprised by my test drive in the 997 and since collecting I'm blown away by the drive of the car.. Yes I think the variable turbo is a bit overhyped but the way it feels on the road it for me is an inspiring drive.
As far as the 'is it worth the extra' as sniper said, I haven't doubted it so far... Considering the pains I went through to get the car with the OPC messing me around -( to put it politely), I'd still do it again.
garyw
I can assure everybody that a 996tt with sports suspension (-20mm), an X50 performance kit and aero kit is far from being a sports tourer. The car in this specification is totally focused to the pupose in mind (ie going fast from A to B giving excellent feedback to the driver) and its character is absolutely different to a "standard" turbo. Some may say too focused, and that is the real advantage of the new 997tt. Shopping touring car/fabulous sports car at the touch of a button.
The rest of the comfort thing comes from options such as seat preferences etc, both cars having plenty to choose from, except the 997 has the option of full electric sports seats, 996 has only electric backrests.
IMHO I think that the 997tt is absolutely fabulous and is a step forward, provided you can afford £100K+ and 18 month wait. I doubt if many road drivers could honestly say that they fully exploit either cars full potential, mind you it is fun trying.
I will look forward to buying a used one in 2/3 years time when futher porsche tuning options become available and also because I am retired (for 10years now) and have to watch the pennies (the most cruticial reason). In the meantime I am enjoying my low mileage 2 year old £109k 996tt with the afformentioned specification that I paid £70k for from an OPC a few months ago.
Perhaps one of you working guys who can afford £25K a year in depreciation would like to get it ordered for me now (but don,t do more tha 6k miles a year in it will you as I will then be using it every day and putting miles on it).
Oh.. having reread that retired bit, don,t get the wrong impression, I am not 75 I am actually 53, so am still young and daft enough to continue to look forward to future Porsche fun after 18 years with the marque.
[
garyw
Moderator
I actually found one of the benefits to the 997 is it is a better GT tourer.
With the sports mode OFF it really does ride the Autobahns quite softly, where I found the 996 suspension a bit lively and crashing across the bumps, certainly not as compliant for that type of GT cruising.
Being as I do use the car for trips abroad and try to use the car as much to its full potential I find this to be a excellent bonus.
With Sports mode on I find it does exactly what it says on the can [8D].
As I watched the 997 and its sports suspension develop, I've ended up astonished with how it really does make that much difference.[
garyw
ORIGINAL: marcus a
Clive/Gary I understand what you guys are saying about the power and handling but taking on board the comment about the 996 being more of a tourer and the new car being a proper sports car, which out of the two would you say is the most comfortable ?
Marcus,
997tt is firmer (I'm comparing new with 3 years old here) but the active suspension is more sophisticated. Tyre noise is a bit more intrusive (Michelins). IMHO comfort may be slightly compromised, but the adaptive sports seats are a bonus offseting this - All in all I would rather tour in a 997tt! [
Gordon Attar
New member
ORIGINAL: Lancerlot
Or of course you can wait until the 997T is 3 years old and pick one of those up at around the same sort of price.[ORIGINAL: sniper
No doubt the 997TT is far superior - but for £50K you can purchase a lovely 02-03 996TT as apposed to £100k plus for a 997TT.]
and just to add if you are really worried about depreciation then buy a 993 Turbo............
seriously I would be surprised if the 996 gets below £40k though unless of course its been badly looked after.
Dare I say I may even look towards the Gallardo & F430 as an alternative. Having driven both at length the F430 has lost the mecano feel of the 360 and the Gallardo has Audi behind it plus the clutch issues have been sorted.
Its a tough call - a friend with a 997T says the more miles he does the happier he feels about the decision - but then he does have a GT2 to blow the cobwebs away
The other thing to bear in mind is Porsche continually change the cars just how different is a 2004 996T to a 2002 996T
Jez
ORIGINAL: TTX50
To add fuel to the fire re the 996 & 997 TT - I was under whelmed with a test drive of the 997TT, yes the spool up is much better than my X50 car and you can really feel the firmness and sharper turn in etc but I didnt walk away feeling it was worth putting an extra 35k on top of my car for one (yes there are some avalaible now).
Jez
Well of course if you are comparing like with like you would have to say the new price difference is probably only around £5,000![
ORIGINAL: Lancerlot
Well of course if you are comparing like with like you would have to say the new price difference is probably only around £5,000![]
Thats sort of what I'm saying
If I were to change now do I spend 30k for a 997T or 50k for a Gallardo or 430
Maybe I should just wear mine out a little more first
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