997 2005-2012 911 C2, C2S, C4, C4S, GTS, Targa and Cabriolet Model Discussion.
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Sell or Keep???

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Old 01-30-2013 | 02:10 PM
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Sell or Keep???

Hi:

I have a 2006 911 S with 45,000 miles on it. I'm trying to plan when the best time to sell it is to get the most value out of it. Should I:

A) Put 5,000 miles a year on it and sell it at 80,000 miles in 2020?


B) Put 10,000 miles a year on it and sell it at 80,000 miles in 2016?

Or is selling this car at 80,000 miles not the right time to sell? If not, what is?

As always, thanks for the responses!

~3.8
 
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Old 01-30-2013 | 02:17 PM
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Originally Posted by 3POINT8
Hi:

I have a 2006 911 S with 45,000 miles on it. I'm trying to plan when the best time to sell it is to get the most value out of it. Should I:

A) Put 5,000 miles a year on it and sell it at 80,000 miles in 2020?


B) Put 10,000 miles a year on it and sell it at 80,000 miles in 2016?

Or is selling this car at 80,000 miles not the right time to sell? If not, what is?

As always, thanks for the responses!

~3.8
If you even thinking about selling it, I think the sooner the better, but thats my .02 cents
 
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Old 01-30-2013 | 02:18 PM
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you have a 45k car on your hands, not a Picasso. does $5k either way really make that much of a difference to you? if it does, sell it now and cut your losses.
 
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Old 01-30-2013 | 02:36 PM
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Its a long way for 997s to become classics not even in 2020 there are simply too many around and value is dropping fast.
Use it or lose it, selling early is the better option now.
 
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Old 01-30-2013 | 03:01 PM
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Originally Posted by killacam
you have a 45k car on your hands, not a Picasso. does $5k either way really make that much of a difference to you? if it does, sell it now and cut your losses.
Anybody want to buy this car for 45k?
 
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Old 01-30-2013 | 03:05 PM
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I paid that a year ago for my 2006 997S same mileage. Maybe yours has Nav, mine doesn't. But 45K seems too much.
 
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Old 01-30-2013 | 04:05 PM
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Originally Posted by marlon 997
I paid that a year ago for my 2006 997S same mileage. Maybe yours has Nav, mine doesn't. But 45K seems too much.
i was being generous so OP didnt feel too butt hurt.
 
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Old 01-30-2013 | 05:55 PM
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Do you guys really feel the 997 is going to follow exactly the same fate as the 996? I already feel 996s are too cheap. I mean what are we thinking a 50k 2006 c2s is going to be 30 in 2 years time?

I like the 991 its a great car looks good but is also a lot more expensive than the 997. So a nice well optioned C2S cab is going to cost you 128k. This combined with the downturn from 2007 events like sandy wiping out a lot of cars I would have thought that there was better long term options on 997 prices. I would have personally thought that a well cared for 997 in the 2005 year would now be loosing one or two k a year not 5-10. After all we are already under 993 prices on 2004-05 997s.
 
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Old 01-30-2013 | 08:55 PM
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With the exception of seasonal adjustments a 997 will never be worth more than it is today.
 
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Old 01-30-2013 | 10:00 PM
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Originally Posted by Alan C.
With the exception of seasonal adjustments a 997 will never be worth more than it is today.
+1. But then again, I have never looked at the 911 as an investment. If you love the car, drive it until you don't want it anymore (or want to upgrade). But don't get rid of a car that you love just to try to max your resale value. Like someone else said, if you get $5k more now than next year, is that really better than one more year of can't-get-the-smile-off-your-face??
 
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Old 01-30-2013 | 10:07 PM
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I think the real question is whether you still love your C2S or not. I've owned mine for 4 years and love it as much as the day I bought it. The thought of seriously selling it never crosses my mind. I do day dream about what my next 911 might be every now and then, but I'm perfectly happy with my car, so it's never more than a fleeting thought.

If you no longer love your car, you should sell it now and move on; 2016 vs. 2020 makes no difference. But if you still love it, just drive and enjoy it. No need to over think how many miles to put on or when is the right time to sell. Just my 2 cents...
 

Last edited by Mspeedster; 01-30-2013 at 10:09 PM.
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Old 01-30-2013 | 11:08 PM
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Great advice. I'll just drive her and see what happens!
 
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Old 01-30-2013 | 11:19 PM
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I love my C4S cab with similar miles, but I'm itching for turbo power. I don't think I'll ever find a turbo optioned as well as my car though. Also, I can't afford a turbo right now.
 
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Old 01-31-2013 | 08:05 AM
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Originally Posted by Mspeedster
I think the real question is whether you still love your C2S or not. I've owned mine for 4 years and love it as much as the day I bought it. The thought of seriously selling it never crosses my mind. I do day dream about what my next 911 might be every now and then, but I'm perfectly happy with my car, so it's never more than a fleeting thought.

If you no longer love your car, you should sell it now and move on; 2016 vs. 2020 makes no difference. But if you still love it, just drive and enjoy it. No need to over think how many miles to put on or when is the right time to sell. Just my 2 cents...
I agree, enjoy it, we should all know going in this is one of the worst investments we could ever make, it is about driving it, not resale in my opinion. With that said I do have exceptions like Jaguar and Range Rover, they drop like a Tank, I would never buy a New one.
 
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Old 01-31-2013 | 09:25 AM
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Originally Posted by Scoper
+1. But then again, I have never looked at the 911 as an investment. If you love the car, drive it until you don't want it anymore (or want to upgrade). But don't get rid of a car that you love just to try to max your resale value. Like someone else said, if you get $5k more now than next year, is that really better than one more year of can't-get-the-smile-off-your-face??
Totally agree!
 


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