996 Turbo / GT2 Turbo discussion on previous model 2000-2005 Porsche 911 Twin Turbo and 911 GT2.

Looks like the 996 TT is hitting rock bottom prices...

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  #1  
Old 09-04-2006 | 11:58 PM
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Looks like the 996 TT is hitting rock bottom prices...

I have been watching the 996TT at the auctions and since the 997TT debut the 996 had taken a HUGE dive.

Look at what the 2005 996 Turbo S are going for at the auctions :

Search: Select Region: National Year:2005 Make:PORSCHE Model:911 TURBO Style:COUPE TURBO

Auction Averages For Week Ending Aug 30

Above Average Below
Sale Price$78,097 $70,377 $62,657
Mileage 4,869 9,737 14,606
Average Auction Mileage 9737

Prices are based on more transactions than shown under 'Transactions', above. Sep 4 - Sep 11 2006 AboveAverageBelowInsufficient Transactions ToAuction$75,000$70,000$65,000Estimate Future PricesEst. Retail$82,000$76,000$71,000
Copyright © 1996-2006 Manheim Auctions V 4.1.3


Vehicle IdentificationSearch:Year:2005 Make:PORSCHE Model:911 TURBO Style:COUPE TURBO
Transactions Date Auction Sale Type Price Mileage Cond Color Eng Trans 08/24/06 MANHEIM Regular$72,250 9,343 Avg BLACK 6GA Yes 08/17/06 RIVRSIDE Lease $67,500 16,581 Avg BLACK 6G 6 No 08/17/06 RIVRSIDE Lease $57,500 14,459 Below GRAY 6G 6 No 08/10/06 MANHEIM Regular $65,700 13,213 Avg BURGANDY 6GA Yes 08/08/06 FAAO Regular $68,500 6,655 Avg SILVER 6G 6 Yes 07/27/06 MANHEIM Regular $73,900 7,576 Avg BLACK 6G 6 Yes


Here is the info on 2001's

Vehicle IdentificationSearch: Select Region: National Year:2001 Make:PORSCHE Model:911 TURBO Style:COUPE Auction Averages For Week Ending Aug 30 Above Average Below
Sale Price $64,050 $57,375 $50,700
Mileage 10,774 21,548 32,322
Total Sold All 6 6103 Average Auction Mileage 21548

Now is the time to buy one of these bad boys....
 
  #2  
Old 09-05-2006 | 12:50 AM
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Blah, that makes me want to cry So that 05 was going for what, 82k? Its confusing reading all of the numbers together. I know GT2's are rare and most likely they wouldnt be on Manheim, but any way you can check for me?

Thanks alot!

Martin
 
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Old 09-05-2006 | 12:52 AM
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I am ready to buy one if some one can get me a 996 TT with 20K or less miles for under 60...shoot me a PM
 
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Old 09-05-2006 | 12:56 AM
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I'm ready to pick up one of those 05 turbo S's right away if anyone knows where they can be found.

PM me!
 

Last edited by acf; 09-05-2006 at 01:53 AM.
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Old 09-05-2006 | 01:20 AM
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Any chance this thread is in response to the Viper thread?
 
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Old 09-05-2006 | 01:45 AM
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An '05 S with 5000 miles for under 80k? Right. Pull this leg it plays jingle bells.
 
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Old 09-05-2006 | 02:01 AM
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Originally Posted by ajax1964
An '05 S with 5000 miles for under 80k? Right. Pull this leg it plays jingle bells.
 
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Old 09-05-2006 | 02:12 AM
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So I can get a 2005 TT for $62,000 for a higher mileage (14,000 mile) car? Yeah right! Let me know to whom I should write the check.
 

Last edited by paulycw; 09-05-2006 at 03:13 AM.
  #9  
Old 09-05-2006 | 03:08 AM
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Looks like maybe someone wants to get a good deal on a 05 turbo S ...
 
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Old 09-05-2006 | 03:48 AM
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what a car for the price...
 
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Old 09-05-2006 | 04:21 AM
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Prices are falling now for these cars now, in UK I noticed the first one going for £39,500 ($74k US) That's pretty cheap over here in UK. There will be an a few owners that are just trying to off load these cars at a "grab a bargain" price!

This is why I made a major decision this year, which was to not give a **** about mileage, resale, etc, etc. I (like others) ran up 2/3k in the first year and had the car sitting in the garage doing absolutely nothing for weeks on end, all along thinking that I need to keep the car so I can get a good resale on it. So I decided I was going to keep over the 997 Turbo as looks were still very similar (no dramatic changes) and use the bloody thing as much as possible. Let's face it!, some might not have the finances to be driving a Turbo in the future and if it happened to me I would rather go out with a bang!, I had that car, experienced the full potential and drove the *** of it!

Would rather do this and lose $5/10k on my car, and ENJOY!
 
  #12  
Old 09-05-2006 | 04:29 AM
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i could have bought a 997TT but decided to mod the proven platform. I just spent more on tunning it then what an 05 TT costs- Out of all the fancy cars I had- my 01 TT is a keeper
just my .02 cent,
markski
 
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Old 09-05-2006 | 04:41 AM
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if anyone is buying a car for resale value, they're going to be shocked when reality finally sets in.....
 
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Old 09-05-2006 | 04:56 AM
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guys.i am crying..
i just missed a deal on ebay..i am trying to contact the buyer...
01 996tt.tiptronic..yellow with red interior..navi..park.,23K miles.condition is excellent from pictures...$54000 sold..
 
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Old 09-05-2006 | 06:26 AM
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OMG, 28 Grand UK Sterling (54k US), that's fookin outrageous!

If prices are like that, I might be taken a trip accross to buy 5
 


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