997 TT production numbers
#16
A well kept car with options may retain some value, but not much. Ceramic brakes? May hold about ~10-15% value of the $8K+ spent. Carbon fiber interior, leather center console, probably no value retained. Sports chrono and LSD? Probably hold no value...but will be a deduction if your manual 997TT doesn't have 'em.
#17
Exactly. Add to the list extra cost paint, extra interior leather or aluminum bits, aftermarket wheels, and all that kind of stuff. They cost a lot of extra money, they can add to your enjoyment of the car, but they add zero to the resale value. In fact, some of it may detract from the resale value (like wheels). That's not to say you shouldn't get such options, but rather make sure your expectations are inline regarding what they do to resale.
Last edited by eaglejackson; 01-22-2008 at 04:05 PM.
#18
well whats the point of owning a Ferrari if you can't drive it?
#19
I ordered one in March of 2005, received it August of 2006 and paid MSRP of 144,583.00. I sold it in November of 2006 for 131,000.00. At that point there were very few used available and the 2008's were 9 months away. I still lost over 13,500 in 3 months plus the sales tax. My new Turbo Coupe, built last week, has a msrp of over 167,000.00. Don't even want to think about what I would lose if I don't keep this one.
#20
coupe deliveries during 2006 - 1,156
coupe deliveries during 2007 - 2,773
cab deliveries during 2007 - 736
#21
Anyone who expects more than minimally increased sale prices for factory options or aftermarket modifications on any Porsche may be disappointed. Mileage over relatively low numbers can be another deduction to sale price and extensive modifications may make a car difficult to sell.
#23
+1: Porsche 997 Turbo>def: reliable supercar. If u don't like depreciation buy land.
#24
Sometimes I found that my own eagerness to sell or trade a car in haste added the biggest depreciation. Within the market there will always be those who pay more or less than others and I have seen both sides of this coin with Porsches.
I decided to keep all the stock parts on my current car leaving the mods open to either private sale, placing them onto my next car or strongly negotiating it into a trade in number. I don't ever buy my cars as investments but I do try to preserve the value in them and I won't walk away from my car feeling like I gave it away . I also intend to hang onto this car for awhile and if I add anything expensive to it I want to be able to take it off leaving whoever (dealership /individual) buys it feeling like they lost out.
Just my 2 cents .
I decided to keep all the stock parts on my current car leaving the mods open to either private sale, placing them onto my next car or strongly negotiating it into a trade in number. I don't ever buy my cars as investments but I do try to preserve the value in them and I won't walk away from my car feeling like I gave it away . I also intend to hang onto this car for awhile and if I add anything expensive to it I want to be able to take it off leaving whoever (dealership /individual) buys it feeling like they lost out.
Just my 2 cents .
#26
That's what I've been told too by a Porsche employee. They said it will be the M97 block. It seems the GT1 block on the current TT will be going away. Apparently, Porsche will save about $14,000 per car that way. I am glad I bought mine. Who knows....
#28
SMG is BMW's Sequential Manual Gearbox, or in Porsche-speak, PDK = Porsche Doppelkupplungsgetriebe = Porsche Dual Clutch, which is the paddle shifting manual transmission (with no floor mounted clutch pedal).
#29
Call me crazy but I would so buy one of those Doppelkup****ersinthebootyhole transmissions. Talk about sweet.
#30
Thank you. And when is Porsche releasing this?