Depreciation estimate 997?

[NewbieP99]

If I was to pay 29k for a 2006 997 with 50k miles on it, what do u think I would get for it if I was to sell it on in 2yrs time having put only 6k miles on it? Thanks

[NewbieP99]

A Cabriolet by the way

[Acf69]

The only guarantee is you will get less than that....

[Acf69]

Look at the price of2004 cars, that will give you an idea of the historic depreciation

[OggyDJ]

Acf69 said:

Look at the price of2004 cars, that will give you an idea of the historic depreciation

+1, was going to say the same.

It's going to cost you money.....just buy it and enjoy it. In general, these cars are fun / indulgence, not an investment.

I owned a C2S coupe for 3 yrs which cost me approx 25k in depreciation.....was a great 3 years though

[mollytherocker]

It's impossible to say for sure of course.

My guess would be between 20 and 22 private and a little less trade in depending on what its traded against of course.

[Porkupine]

In my experience. A lot of the loss is dealer mark up. If buying from dealer you will lose I would say around 5k instantly. So if you traded it in next day they would probably offer you 24-25. In two years. I would say another 5k 'real' depreciation.

[SunDiver]

mollytherocker said:

It's impossible to say for sure of course.

My guess would be between 20 and 22 private and a little less trade in depending on what its traded against of course.

I'll go with that estimate too. For what it's worth...

[Magic919]

£14k trade and £18k private sale.

[xftdr]

Magic919 said:

£14k trade and £18k private sale.

I wonder if that is just a little pessimistic perhaps ?

In the classified section of PH, 2003 996 Cabs seem to be around 18-23k depending upon mileage. You will have nearly 60k on the clock and the car will be 8 years old, and its a cab which is not everyones 'cup of tea'. On the plus side 997 engines have a better rep (at the moment anyway!) than 996s. So I am guessing your car would be about £21 - £24k private sale with a about £17-20k trade in.

[gibbon]

xftdr said:

I wonder if that is just a little pessimistic perhaps ?

In the classified section of PH, 2003 996 Cabs seem to be around 18-23k depending upon mileage. You will have nearly 60k on the clock and the car will be 8 years old, and its a cab which is not everyones 'cup of tea'. On the plus side 997 engines have a better rep (at the moment anyway!) than 996s. So I am guessing your car would be about £21 - £24k private sale with a about £17-20k trade in.

18-23k for a 2003 996 cab? Hmmm. Sounds fairly strong i would say.

[Redeem]

I think you would lose around £10-12K in depreciation and maybe a bit more if it is the basic 997 (ie not an S version). The good news though is that your insurance premium would go down also

[Lordglenmorangie]

It will eventually be worth ten quid assuming it has not been into rev range 4

[xftdr]

gibbon said:

18-23k for a 2003 996 cab? Hmmm. Sounds fairly strong i would say.

Only going on current PH Trade prices:

http://www.pistonheads.com/classifieds/used-cars/p...

and

http://www.pistonheads.com/classifieds/used-cars/p...

and

http://www.pistonheads.com/classifieds/used-cars/p...

[Magic919]

I'd suggest the classified ads are examples of cars that haven't sold. Plenty of ambitiously priced 996s out there. I've just shifted a C2 996 and about to move on a C4S coupe and I'd like to believe they are worth more.

[scoobysnacks2]

Redeem said:

I think you would lose around £10-12K in depreciation and maybe a bit more if it is the basic 997 (ie not an S version). The good news though is that your insurance premium would go down also

You'd think that would be the case, with the Carrera S being more desirable, but in fact it seems to have lost a bit more more from new than the base Carrera.
Original list prices were £65,198 and £58,578 respectively, but now that gap has narrowed with the S being about £2 k - £3 k more, which mean it's lost more (although a similar percentage loss).

Edited by scoobysnacks2 on Tuesday 19th February 09:26