997.2 prices - depreciation curve? - Page 2 - 911/Carrera GT - PistonHeads UK

Dearest Forum, My first post in the forums. I owned a beautiful little black 987S for 3 years, recently sold and in the market for a well-specced 997.2... Have been browsing the market for a few months now and have come to the following conclusions: - Prices starting around 40k and heading up to high 50s for low-mileage high spec examples - GTS still hovering around 58-68k - Very hard to find anything apart from black, silver or (less popular) grey - Early 991s are still 70-75k Does the lack of a suitable replacement mean that 997.2 prices will continue to depreciate slowly? Or do you think that we'll see a price correction in the coming year or two? Eager for your collective thoughts, pistonheads!

d11fdj said: Dearest Forum, My first post in the forums. I owned a beautiful little black 987S for 3 years, recently sold and in the market for a well-specced 997.2... Have been browsing the market for a few months now and have come to the following conclusions: - Prices starting around 40k and heading up to high 50s for low-mileage high spec examples - GTS still hovering around 58-68k - Very hard to find anything apart from black, silver or (less popular) grey - Early 991s are still 70-75k Does the lack of a suitable replacement mean that 997.2 prices will continue to depreciate slowly? Or do you think that we'll see a price correction in the coming year or two? Eager for your collective thoughts, pistonheads! I've had my 997.2 S for two years now, paid low 40s (after negotiation) and a quick look at the market seems to show prices still hovering within spitting distance of what I paid then - low mileage OPC car with FPSH. If I were buying now, I'd still be looking at the same car as I bought - that or a GTS. I've driven 991s fairly extensively and although they're brilliant cars and clinically efficient at demolishing twisty roads, they're not - IMHO - as engaging or as 'analogue' as the 997s. I know that's the same argument that's been levied with each new generation of 911 but the 997/991 boundary does seem to mark a significant departure point. So I think that there are enough people (like me and I suspect like many on this forum) to keep the value of good Gen 2 997s - and especially the manual cars - in at worst at a slow decline rather than a plummet. Last of the hydraulic-steered, NA cars in a world of PDK, electric steering and turbos and the first of the watercooled cars without a rep (deserved or not) for self-destruction - what's not to like? Of course, that argument applies, redoubled, to the 997 GT3s… HTH

Who cares? Buy one if it's what you want. Nobody knows what they'll fetch in another two years.

Cars dont depreciate much these days. All the cars I've bought in the last 4 years or so are still more or less the same price today.

can only tell you that over the last few years they don't seem to have moved down - my buddy sold a well specced (sports exhaust, full leather, etc), 10k-ish miles white C2S for about 41k about 2 years ago (or was it 3, not 100% sure) and if anything it looks like it would be more expensive now to buy a similar car

Think the market has been enjoying a 'purple patch' - with buoyant new car sales, strong demand for some of the more desirable sports cars and, of course, the classic car boom. IMO there will be a correction and most 997s will find their natural values. If I was buying a 997 then the only model to interest me would be a C2 or C4 GTS Coupe, with 6spd manual and nice spec - these could have a long term following - but presently a bit expensive.

Just my thoughts but I think we've got a correction looming. Interest rates are that low that people sat on a bit of capital are thinking sod it might as well have a nice motor etc. Once interest rates start to rise the classic car buuble will burst in spectacular fashion and the rest of the prestige used car market will start its correction as well. Just my pesermistic outlook

Interest rates aren't going to go up much (if at all) in the foreseeable future. I'm also on the look out for a 997.2 and agree with the OPs comments. Anyone looking to sell their manual 997.2 please let me know ! I can't see prices falling any time soon.

My view is that 997.2 prices are too high, I sold a massive spec 2011 C2S PDK 8 months ago for 44k and now the same car would be around £45 to £50k. I sold my 09 C2S PDK for £39k over a year ago and again it would be going for around the same money now. I expect with the arrival of a 991.2 and the 991 GTS the early 991's will start to fall in price and the 997.2 prices will follow.

My view is that 997.2 prices are too high, I sold a massive spec 2011 C2S PDK 8 months ago for 44k and now the same car would be around £45 to £50k. I sold my 09 C2S PDK for £39k over a year ago and again it would be going for around the same money now. I expect with the arrival of a 991.2 and the 991 GTS the early 991's will start to fall in price and the 997.2 prices will follow.

Sold my 997.2 S, PSE, manual a few months back (July), now back in the market and a) couldn't buy it back for the same let alone less and b) equivalents are few and far between and approx £5k more. I hope there's a correction because the gen2 s is nigh on perfect and buying one for more than I sold it is going to annoy me!

One has got to remember during the quiet years ie 2009 to 2011 not many new 997/987 were sold here and then the new 991/981 we're not well received so many owners of previous generation cars have kept hold of them so finding a low mileage late 997 or 987s manual is going to be a struggle so prices will remain on a car like say 2010/11 c2 s manual with less than 20k miles will remain firm and may eventually rise above an early 991s

I have been watching the market for over a year now and I have not seen any one owner c2s manual with low miles and good spec on opc, piston heads or autotrader !

I sold a decent spec 997.2 manual 2010 with only 6k miles in June for. £39k into the trade , I struggled to get any sensible interest in the car which was advertised originally for £42k then down to £40k That's despite the numerous email conversations I had with a few folk who seemed reluctant to come and see it , funnily enough the trader who bought it didn't even walk right round the car or even take a test drive , he clearly knew a good car when he saw one. He sold within a week or two at £45 k. Couldn't see me buying the same car at the same price now , at least a couple of grand more being sensible.

In the last 3 months 911 Virgin and an OPC both had low mileage 2009 manual C2S on for £41k. Both were black so I didn't follow up on either (fool) and they both sold in less than a week. They are few and far between but they do come up and you have to move fast.

itsybitsy said: I have been watching the market for over a year now and I have not seen any one owner c2s manual with low miles and good spec on opc, piston heads or autotrader ! I wouldn't get too hung up on the one-owner bit - buy on service history, condition & DME readout. I was 4th owner of my car at 4 years old, but it had always been in the main dealer system and had been checked and serviced every time it changed hands.

/\ This Just picked up a manual GTS at the weekend. 40k miles and 3 previous owners. It's such a peach of a car you will be doing yourself a huge injustice if you don't pick one up just because it's had a couple of owners and a few more miles. These cars love being driven regularly. If always take a well looked after higher miles car than one that has been sat in a garage with its seals drying out ready to crack and leak when you start using it properly. Buy on condition and history and have it well inspected. Then get out and enjoy it. Jack

Is there a way of telling if the clutch is on it's way out on a higher mileage manual ? I assume they get heavier - and the biting point changes (moves higher ?) This is my main concern as I imagine they don't last too long on a 350+ bhp car...especially if it's seen a lot of town work. Even an OPC warranty wounldn't cover this ?

Hi All, I am looking at a high spec 997.2 C4 GTS PDK Convertible at the moment, its low miles, one owner and every option ticked, what does everyone think about its future value. (I know Convertibles are terrible, manuals are better than PDK etc), but I just got rid of a 997.1 C4S and I loved every minute, so the spec suits me... Am I losing my shirt, or likely to see a reasonable depreciation curve. Should I just get a low miles C4S replacement and keep the extra cash for tyres.... (and that engine rebuild !!!!)...

I think that the 997.2 should depreciate gently over the next 5 years. And yes, its pretty much all about the DFI engine. Get a red manual one and it might even rise in value.

SkinnyP said: Cars dont depreciate much these days. All the cars I've bought in the last 4 years or so are still more or less the same price today. If my recent experience is typical then I fully agree! (Sold 996 Turbo for what I paid for it 4 years ago).