Real Value of a 997?
Real Value of a 997?
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BERGS2

Original Poster:

2,836 posts

273 months

Following on from the 'real value of a 996' thread - what do you folk make of the current 997 market?

Feels to me like 996's that were cheap as chips a few year back have bounced a little, as more enthusiast cars percolated back in the the system

Are 997's now in a similar trough?

this one nicely specced C2S at MPC went for £18k last month

& this tip made just £14.5k at Matthewsons lately as well.

Are they gonna to the way of 993/964's?

(i was lucky enough to buy one in 2004 for about £10k, unluckily for me, i sold it a few years later and was very smug that I got £12k back on it..... hehe)



Furbo

3,767 posts

57 months

BERGS2 said:
Following on from the 'real value of a 996' thread - what do you folk make of the current 997 market?

Feels to me like 996's that were cheap as chips a few year back have bounced a little, as more enthusiast cars percolated back in the the system

Are 997's now in a similar trough?

this one nicely specced C2S at MPC went for £18k last month

& this tip made just £14.5k at Matthewsons lately as well.

Are they gonna to the way of 993/964's?

(i was lucky enough to buy one in 2004 for about £10k, unluckily for me, i sold it a few years later and was very smug that I got £12k back on it..... hehe)
Both early Tiptronic cars, the first one having the wrong wheels - and probably the least appealing of the later wheels. I am not looking at either of those and thinking "phwoar".



housemouse

175 posts

208 months

BERGS2 said:
Are they gonna to the way of 993/964's?
They built far, far more of them, so no, is the short and simple answer. Even taking into account engine-related attrition.

wax lyrical

1,025 posts

266 months

Tuesday
quotequote all
Nice gen1 997's (with an engine rebuild) are likely to increase in value, as are Gen 2 997's.

They will never get to the crazy levels of the 964/993 though - as mentioned above - built in far fewer numbers and has the 'air-cooled' die-hards salivating over them. smile

Ed.Neumann

1,201 posts

33 months

Tuesday
quotequote all
Classic cars all go the same way.

They either get scrapped or broken for parts if the repairs are too costly or they get proper money spent on them and that is reflected in the price.


997 Carrera S coupe in manual form is already getting harder to find, currently only 26 for sale on autotrader.


1 997.1 with an engine rebuild at £35k with 80k miles on it at eporsche.

Then we have a nice 09 plate .2 with 67k miles and another .2 on a 58 plate with 65k miles at £48k both with private sellers.



Now, I would like to think those cars are in very fine fettle with the niggly jobs done and all suspension refreshed and feeling like new. We are already at the age where many of the cars for sale will need a good £10k spending on them before they feel factory fresh, and that is not even considering bore score issues (which are overblown imho, but do dictate what the market price is whether we like it or not.).


Owners with good ones are keeping them. Why wouldn't you?

My 997.1 Carrera S is fully rebuilt, in great condition, 80k miles, good spec. and offers something you simply can't buy today. If I sold it for say £30k what would I replace it with?
A manual 991.1 would cost me another £20k and offer me what?

A manual 991 Carrera T could be nice to have a go with, but I really do prefer the NA engine, and wouldn't want to pay £35-40k more.


I have decided I might as well just keep the 997.1 forever, it offers something modern cars don't and for what I will get for it what's the point of selling it?

If it jumps up in value a lot, if it means I could try someone else by throwing a few quid in I might sell. I bet there are many owners thinking the same.






Furbo

3,767 posts

57 months

Tuesday
quotequote all
wax lyrical said:
Nice gen1 997's (with an engine rebuild) are likely to increase in value, as are Gen 2 997's.

They will never get to the crazy levels of the 964/993 though - as mentioned above - built in far fewer numbers and has the 'air-cooled' die-hards salivating over them. smile
Tiptronics will always lag behind IMHO.

wax lyrical

1,025 posts

266 months

Tuesday
quotequote all
Furbo said:
wax lyrical said:
Nice gen1 997's (with an engine rebuild) are likely to increase in value, as are Gen 2 997's.

They will never get to the crazy levels of the 964/993 though - as mentioned above - built in far fewer numbers and has the 'air-cooled' die-hards salivating over them. smile
Tiptronics will always lag behind IMHO.
True. By some margin.

For the Gen 2 cars, the PDK box is much better and some people prefer it to the manual, but there will always be 'manual-only' die-hards.

wax lyrical

1,025 posts

266 months

Tuesday
quotequote all
There's a Gen 2 997 C4S PDK, with 135k miles on the clock, on Autotrader - £32K.

Seems really good value given the meticulous maintenance, owned by an enthusiast, etc.

Ed.Neumann

1,201 posts

33 months

Tuesday
quotequote all
The 997 PDK is not the best iteration though, if I was going PDK I think I would go for a 991.


All autos lag behind manuals as the cars age, what was the pinnacle of modern gearbox design looks rather dated two decades on.


I wouldn't not own a PDK 997, but the 997 pdk vs 991 pdk is quite a jump and the 991 is now around the same price.

The 991 Carrera S is 30kg lighter than the 997, it is less than 30mm wider, and the only real negative compared to the 997 was the steering was not quite as communicative, but it is still brilliant.

The main issue was it was so much more money to upgrade, that is becoming less of an issue.


Furbo

3,767 posts

57 months

Tuesday
quotequote all
Ed.Neumann said:
The 997 PDK is not the best iteration though, if I was going PDK I think I would go for a 991.
I've had both. Give me the 997. The 991 box is faster, but the 997 is the far better car.

MinchCS

40 posts

3 months

Tuesday
quotequote all
Ed.Neumann said:
. I bet there are many owners thinking the same.
I am one of them. Full suspension refresh and 4.1 Hartech rebuild (plus all the bits "while we are in there") on our manual C4S.
Trigger's broom wink
It's not worth as much as I have spent on it but who cares? We love it.

Hoofy

79,620 posts

307 months

Tuesday
quotequote all
Furbo said:
Tiptronics will always lag behind IMHO.
They're not that slow to change gear. Oh, wait, you meant...

Ed.Neumann

1,201 posts

33 months

Tuesday
quotequote all
Furbo said:
Ed.Neumann said:
The 997 PDK is not the best iteration though, if I was going PDK I think I would go for a 991.
I've had both. Give me the 997. The 991 box is faster, but the 997 is the far better car.
Interesting. That is good to know.

I like the 991 and think it is a good middle ground, but nice to hear someone else say they prefer the 997.

I keep thinking of having a change, as we all do, but know deep down inside, as a Sunday/Funday car the 997 probably suits my needs better.


wax lyrical

1,025 posts

266 months

Tuesday
quotequote all
Furbo said:
Ed.Neumann said:
The 997 PDK is not the best iteration though, if I was going PDK I think I would go for a 991.
I've had both. Give me the 997. The 991 box is faster, but the 997 is the far better car.
Agreed. The 991 doesn’t look as good (to me) and the steering is a definitely inferior. Also the interior is more ‘Panamera Coupe’ than 911. It’s lost a lot of the 911 DNA. As has the 992.

Daston

6,136 posts

228 months

Yesterday (09:44)
quotequote all
As others have said it's going to come down to generation, gear box and then optional extras then the all important condition condition condtion.

It'd be nice to know what stuff actually sells for. I'd put my Gen 2 Manual up for £48k tomorrow if I actually beleived I'd get that much......although I have an amazing habit of selling cars just before they jump in price biggrin


Furbo

3,767 posts

57 months

Yesterday (10:14)
quotequote all
Daston said:
As others have said it's going to come down to generation, gear box and then optional extras then the all important condition condition condtion.

It'd be nice to know what stuff actually sells for. I'd put my Gen 2 Manual up for £48k tomorrow if I actually beleived I'd get that much......although I have an amazing habit of selling cars just before they jump in price biggrin
Yup, I sold one once that went from ten £23500
I sold it for to about £200k in very short order

v8notbrave

317 posts

38 months

Yesterday (11:11)
quotequote all
As a newbie to this world I find Porsche values very interesting, even a 5 yr old macan with reasonable miles is £35k with the golf GTi 2.0 engine. it's such a powerful consumer brand and you have the trendy brand conscious buyers (most leased 911s plodding around London) and the PH community!

As to 997, interesting dealers now pricing good 997.2 above 991 so they're seeing these as peak. As said down to spec and too many produced to make real values increase however as all new car prices go up with inflation these £40k +/- cars are fairly safe depreciation proof

The premium of the 997.2 v .1 is understandable and fuelled by internet doom. The bargains have to be the 997.1 that have engine work and all the mid life crisis work done. These can be had for 60% of a value of some 997.2 and potentially the 997.2 needs much of this work done

Agree with comments above as the numbers thin out values will be sustained as quality ones dominate the market and importantly they're not going to make good n/a manual gearbox volume cars ever again. Sure some specials north of £100k but not for us mortals

Facebook great for values as owners feel their car is worth sooo much!

PRO5T

7,085 posts

50 months

Yesterday (11:28)
quotequote all
If any water cooled 911 is ever to be “restomod” it’ll the the 997.

Even 996s are beginning to get some serious love, I believe the 997 will be a stone cold classic in due course.

Daston

6,136 posts

228 months

Yesterday (11:42)
quotequote all
PRO5T said:
If any water cooled 911 is ever to be restomod it ll the the 997.

Even 996s are beginning to get some serious love, I believe the 997 will be a stone cold classic in due course.
In a way the Gen 2 is a factory Restomod. It has an engine that was used in later models, updated infotainment system (will be even better with the factory upgrade coming) yet still retains all the great analogue parts

Dr S

5,107 posts

251 months

Yesterday (12:12)
quotequote all
Out and about in my 7.2 GT3 again on the weekend. What a highlight of a car. My later Tourings may have the better performance stats but the older car is just so full of feedback and wonderful to drive. And the vanilla 997s are just utterly gorgeous