Sales debate: How much further will Porsche 997 prices fall? - Total 911 (2024)

06Nov

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Like many modern, second-hand 911s, prices of the 997 base models have been falling ever since they left an OPC forecourt. However, the depreciation on both Gen1 and Gen2 variants is slowing up, so we went to two 911 specialists to find out how low 997 Carrera prices are expected to go.

“We can see where the 996 has levelled out,” Paul Robe, owner of UK specialist, Parr says. “People are picking up cars for around £10,000 (I know you can pick them up cheaper but they’re not really cars worth owning).

“I think we’re going to be seeing [997s], in my personal opinion, around £15,000. I think that would be for a 120,000-mile car [but] a nice example.”

Sales debate: How much further will Porsche 997 prices fall? - Total 911 (2)

Darren Street, Sales Manager at RSJ Sportscars, is even more optimistic about the 997’s staying power. “They’re losing, at the moment, less than ten per cent a year (probably seven to ten per cent a year).

“Good cars probably [will fall to] late teens, I would say, Gen1 cars. You are going to get some around the £15k-mark, but I think good cars – £17-18,000,” he explains.

Both Robe and Street agree that Gen2 prices are even stronger, something Street puts down to a lack of new cars bought during the financial downturn of 2008-09. “I’m selling them, today, for the same money I sold them at a year ago. A manual, ’09 car, with 30,000 miles is £40,000. PDK, probably another £3,000.

Sales debate: How much further will Porsche 997 prices fall? - Total 911 (3)

Robe feels they will eventually stabilise but, “slightly higher [than Gen1]. I think 10-15 per cent more.” It will take time though, with Street believing Gen2 prices won’t reach current Gen1 prices [c.£25,000] for another “seven or eight years”.

If the Porsche 997 doesn’t appeal, check out our 911 SC and 3.2 Carrera sales debates if you’re after something a little more classic for your collection.

Sales debate: How much further will Porsche 997 prices fall? - Total 911 (2024)

FAQs

What year 997 to avoid? ›

Quick Answer - Avoid Porsche 997 Year Models 2004, 2005, 2006, 2009, and 2011. There aren't too many years of the Porsche 997, as it is another version of the classic Porsche 911. Still, there are some Porsche 997 years to avoid. We recommend staying away from the 2004, 2005, 2006, 2009, and 2011 models.

What is the best 911 to hold value? ›

The 2022 Porsche 911 is our top pick for the best model year value for the 911. With the 2022, you would only pay, on average, 100% of the price as new, with 100% of the vehicle's useful life remaining. The 2021 and 2020 model years are also attractive years for the 911, and provide a relatively good value.

Will Porsche 911 go up in value? ›

And exceptionally good examples already cost well over 100,000 Euros. But they still exist, Porsche 911 Carrera 3.2 WTL for five-figure sums. As the really good, “narrow” 911 Carrera 3.2 move up in price stept by step, the Porsche 911 Carrera 3.2 with M491 package are also increasing in value with some respect.

Which Porsche model holds its value best? ›

The Porsche 911 holds value better than any other luxury sports car. The Porsche 911 is one of the most iconic sports cars of all time. Instantly recognizable with its rounded shape, round headlights, and elongated taillights, the 911 is synonymous with sports car excellence.

Will the 997 be a classic? ›

They include three 911 sportscars, including a striking type 997 GT2. The year 2023 will be a big one for 997 owners around the world, as it becomes an official Porsche classic.

Is 997 a good buy? ›

Whichever version of the 997 you buy, you should end up with a car that is great to drive and will last for years if well looked after and serviced regularly. However, there are a handful of known issues to be careful of, including some that require specialist equipment and trained staff to investigate.

Which 911 years to avoid? ›

Quick answer: Avoid Porsche 911 year models 1983 and 2009

The 2009 year model would be the worst purchase with more problems reported than any other models. This includes stalling and leaking hoses. The CoPilot app is the smartest way to buy a car.

Can you negotiate on a Porsche 911? ›

Can I still negotiate on the price of the vehicle? Yes, but this should be done before the order is placed. Once you've ordered the vehicle, it will be much more difficult to get the Porsche dealership to be flexible on price.

Which Porsche 911 has the least depreciation? ›

Porsche 911

The 911 in any form is a thrilling sports car that's also remarkably easy to live with. If you want a 911 with extreme performance and truly sublime handling, the GT3 model is your best bet. It should hold on to its value exceptionally well, and has the highest retained value of any new car on sale today.

What Porsche does not lose value? ›

Porsche Cayenne

With a reputation for reliability and longevity, the Cayenne is also known as one of the slowest-depreciating SUVs money can buy. Despite having some of the highest-priced options in its class, owners can relax in the knowledge that their Cayenne will retain its value over time.

Which is best Porsche 911 to buy? ›

The eight best Porsche 911s ever
  • Porsche 911 F R. The original Porsche 911 R provided the blueprint for the Porsche GT machines we know and love today. ...
  • Porsche 911 G Turbo​ ...
  • Porsche 964 911. ...
  • Porsche 993 911 GT​ ...
  • Porsche 911 996 GT3. ...
  • Porsche 911 997 GTS. ...
  • Porsche 911 991 GT3 Touring. ...
  • Porsche 911 992 S/T.
Aug 4, 2023

Will Porsche prices come back down? ›

Do you see possibility, as economy, takes a major downturn in coming year, that Porsche reduces new prices? Prices for these cars are going in only one direction, and its not down. With waitlists, ADMs and supply shortages still causing production issues, Porsche has absolutely no reason to reduce the selling price.

Is it wise to buy an old Porsche? ›

Buying an older Porsche is usually a pretty safe bet. As long as you get the vehicle inspected and make sure that it is in good condition you should have no major problems. Porsche cars also have a very large enthusiast group that helps keep the values high so used models do not depreciate much.

What is the most reliable Porsche brand? ›

J.D. Power Vehicle Dependability Study (VDS)

As a whole, the study measures how dependable, on average, a 3-year-old vehicle has remained. For 2022, Porsche performed near the top of all brands measured in the study.

Which 997 has IMS issues? ›

For some reason they also carried over the IMS bearing that was known to fail, except they made it even more difficult to swap out due to differences in engine design. This is an issue with any 997 up to model year 2009 that is equipped with the M97 engine.

Why avoid a 2009 Porsche 911? ›

It has the highest number of reported problems and some may pose a threat to your safety. All appearing under 30,000 miles, difficulties that drivers of the 2009 year model have experienced include stalling, excessive oil consumption, and leaking hoses.

Why is 997.2 the best 911? ›

Thanks to its better reliability and minimal technology intervention, Hexagon Classics' view is that the 997.2 is the last 911 that offers the perfect balance of minimal driver aids and great sports performance. As an official Porsche dealer in the 1970's, Hexagon Classics understand Porsches better than most.

Did 997 have IMS issues? ›

Since it has also been verifiably documented that some IMS bearings have failed after just 3,000 miles, while others still have lasted for 200,000 miles or more, the only safe conclusion that can be drawn is that all M96 and some M97 engines in Porsche 911's (996 or 997), and all Boxsters (986/987) from 1997 through ...

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