997 Turbos, though I'm not sure that's enough standalone content. I'm currently shopping/debating between the 997 models and the turbo. Pros and cons are a killer.
The best modern Porsche. It was undervalued as 991s flooded onto the market. I think the market will separate into those wanting modern convenience and ease (991/2) vs those wanting feel, rarity, smaller size and heritage (the last car from an independent Porsche b4 VW ownership). The GT3 and RS variants will be demanded by the cognescenti for their rarity rawness and size vs 'easy' and common 991/992s. It would be interesting to analyse if/when 997.2s leapfrog 991 values as they transition to 'classic' status.
This guy is on another level of analysis with this market. Out of curiosity I searched “997 values” to see what my car is worth and this guy nailed it! With I could give two thumbs up 👍
I’ve had three 997.2s. 2C2S and 4GTS all Manuals. These trends hold to my experience. Amazing car and great blend between 993 and 991s. Driven 992s and much prefer 997.2 analog drive and feel with soul. 997.2 will be the water cooled classic.
The 997.2 S manual is really the car to own. Super reliable and the last 911 before they got huge. The perfect blend of old and new school 911. I tried to talk two buddies into buying one last summer when prices were down
Would love to see a NEW video on the market for 991 Turbo and Turbo S models. 2014 - 2019. I have a 2017 991.2TTS and am on the fence about selling / keeping. Great work brother! You do an amazing job.
I am from Spain and I own a 2011 PDK 997.2 Carrera 2S. Apart from the racing green + sand beige colors in my unit not available anymore as a standard option in the successive 991 and 992 models, I love its simplicity inside, yet its modern infotainment features (touch screen, iPhone/iPod/USB port, ..), PDK, Sport Plus, PASM, .. Moreover, the widespread view around here amongst 911 enthusiasts is that from the 991.1 version Volkswagen took over the body design, from 991.2 the engine too (Hans Metzger RIP), and the 992 is really a 2-door Panamera.
I have a 997.1 4S but it has a £10,000 hartech rebuild which has been considered the best engine rebuild you can get. They turn the engine into a closed deck design and completely replace the liners with different material. Also the IMS is replaced and a bunch of other things. Whilst people talk about the 997.2 being a better car (it probably is) I didn't have to pay £40,000 for mine. It was £29,500 and I never paid for the hartech rebuild. I went from a Cayman 981 and the DFI Engines are great. The 997 is way louder and torquer-er though. I actually loved my Cayman but I needed them back seats for my daughter. The 997 is still small and feels like a sports car and not a GT car.
996s going up 44% is because they are coming up from the low 20's. The 997s were coming up from a much higher starting point, almost double. Not sure why he doesn't mention that. And no, 996s will NEVER exceed the value of 997s. The 997 is a much better car, and 997.2 has much lower production numbers. The 997.2 is the high point and the best 911 in the small format.
I believe the 997.2 is the next 993. The shape and the fact it's the last analog 911 means it's going to be a classic. Only made for 3 years as well. There isn't a ton of Carrera Base 997.2s that were produced because of the financial crash. It's going to be a special car and a must for every 911 collector.
Great analysis. Cleanest specification would be to include dummy variables for quarter-year (or month-year) of transaction to the other observables and plot the estimated coefficients on those dummies. Can do this for each trim level to observe the time trend.
How do niche models such as the 997 Launch Editions factor into these values? Say, maybe a 2005 997 Launch Edition with 22000 miles??? (There were only 337 Launch Edition 997's imported to the US.)
The major key is the engine. The 3.8 DFI engine is significant step from the M96-derived engines. Someone who knows ands can afford will obviously aim at the 997.2 S model with the DFI engine. It would be great if you could analyze the demand also, not just, like now, only supply. It’s only half the picture. But obviously analyzing demand is much harder if not impossible compared to supply.
Yes, it's very difficult to find a reliable indicator for demand. Yet, given that price is set by supply and demand and that we know both the price and supply, it should be possible to deduce demand to some extent. I noticed that this works really well in some markets while other markets clearly function with a lag. But i didn't come yet to a solid conclusion on the mechanics of that one.
Great content as always! Could it be so that the 997.2-buyers are choosing between that car and the 991? Or even for the 997 market as a whole? Maybe there's a connection here, if the asking price of 991 isn't that much higher than a 997.2?
Values go up temporarily because of the inflation. The only cars that are REALLY collectibles are air cooled and their values will be going up long term. 996 and 997 will never be nowhere near as desirable as 964 and 993 in the future. Deal with it.
@@redlightning4857 hell yes! I own one that I picked up with 17,000 miles on it and it has a factory aero kit. I’ve owned it for five years and all it’s cost me is tires, gas, oil and a clutch. Every time I drive that car I can’t stop smiling and everyone wants to know what the hell it is because nobody sees aero kits on 9114S’. It took me three years to find the car and it’s been an absolute dream. Go get one you won’t regret it it’s worth every dollar!
there is a massive flood of tens of thousands of used 911 dated from 2011 to 2021 coming in February, as most of the buyers cant pay the loans for them NOR can sell them in this moment. A lot of Porsche dealers will have to close as they are struggling very hard to sell the delinquencies as used, and Porsche cannot sustain to try to input less cars in the market anymore to try to get the unpaid cars sold. Porsche Mercedes BMW might need German government bailout in 2022/23.
@@Sh0SUPERMAN ask anyone in financial credits, that in this moment is contacting porsche owners who are not paying their lease and asking them to cover their debt to avoid the cars being taken from the bank and sent for auction....AND I MEAN ANYONE LITERALLY
@@stephenstiffler 911 used prices are down 20% in europe since last september... so no, it is not lies... this guy talking about american market when 911 shipped in one whole year as just a mere 1200, instead of 1500 a month which is the regular market...and prices will crush through the summer even further for new and for used cars of any kind...but the more luxurious the steeper the crush.
Any 997 model that isn't a GT3RS, GT2, GT2RS, or Turbo should never pass 991 prices for the same model. Every other model is still being made in manual and all are much improved.
@@chupacabrajohnson6800 993 are air cooled, unique to anything prior to 996. I agree that improved doesn't always equal more desirable, but in this sense a manual 997 Carrera offers nothing over a 991 Carrera, or 992 for that matter. Smaller body? Sure, but I don't think that's enough to justify them going over 991 values.
@@thedukeofwales Size, naturally aspirated engine, hydraulic steering, looks, sound. Lots of reasons people would rather have a 997 than a 991/992. I agree with Chupacabra, newer isn’t always better.
A lot of people, myself included, prefer the feel. Smaller, yes, but that’s not the whole story. Quite a few people are put off by the ever-increasing electronics. It also doesn’t hurt when someone like Prueninger states his opinion that the 997 is his favorite 911. Furthermore, 997.2s are in a state of relative rarity AND I think we all know by know that the car market is subject to many things beyond vehicle performance, newness, features, etc. Emotion rules here, and that’s one of the only places I think it SHOULD. People should feel something from their cars, so I can’t fault any of the craziness, really.
It was the start of the peak. Values topped in the first half of 2022. The correction though was much lower than in the rest of the market. You can see the most recent market update here: ua-cam.com/video/ifAmbtNAwwM/v-deo.htmlsi=wKeDP72mQnei9kdq
Which car would you like to see analysed next?
SLS AMG!!!!!
The 958 generation Cayennes
Ducati R variants. Motorcycles need some love too!
Would you do similar analysis on the 997 Targa ?
thanks.
997 Turbos, though I'm not sure that's enough standalone content. I'm currently shopping/debating between the 997 models and the turbo. Pros and cons are a killer.
The best modern Porsche. It was undervalued as 991s flooded onto the market. I think the market will separate into those wanting modern convenience and ease (991/2) vs those wanting feel, rarity, smaller size and heritage (the last car from an independent Porsche b4 VW ownership). The GT3 and RS variants will be demanded by the cognescenti for their rarity rawness and size vs 'easy' and common 991/992s. It would be interesting to analyse if/when 997.2s leapfrog 991 values as they transition to 'classic' status.
This guy is on another level of analysis with this market. Out of curiosity I searched “997 values” to see what my car is worth and this guy nailed it! With I could give two thumbs up 👍
Thanks!
I’ve had three 997.2s. 2C2S and 4GTS all
Manuals. These trends hold to my experience. Amazing car and great blend between 993 and 991s. Driven 992s and much prefer 997.2 analog drive and feel with soul. 997.2 will be the water cooled classic.
The 997.2 S manual is really the car to own. Super reliable and the last 911 before they got huge. The perfect blend of old and new school 911. I tried to talk two buddies into buying one last summer when prices were down
Would love to see a NEW video on the market for 991 Turbo and Turbo S models. 2014 - 2019. I have a 2017 991.2TTS and am on the fence about selling / keeping. Great work brother! You do an amazing job.
I am from Spain and I own a 2011 PDK 997.2 Carrera 2S. Apart from the racing green + sand beige colors in my unit not available anymore as a standard option in the successive 991 and 992 models, I love its simplicity inside, yet its modern infotainment features (touch screen, iPhone/iPod/USB port, ..), PDK, Sport Plus, PASM, ..
Moreover, the widespread view around here amongst 911 enthusiasts is that from the 991.1 version Volkswagen took over the body design, from 991.2 the engine too (Hans Metzger RIP), and the 992 is really a 2-door Panamera.
Thanks for another great video! Would be curious on updated 997 Turbo values especially .1 version.
Really shocked with the trade in values offered for my 997.1 turbo. On the plus side it’s a brilliant car so I will keep it!!!!
I have a 997.1 4S but it has a £10,000 hartech rebuild which has been considered the best engine rebuild you can get. They turn the engine into a closed deck design and completely replace the liners with different material. Also the IMS is replaced and a bunch of other things. Whilst people talk about the 997.2 being a better car (it probably is) I didn't have to pay £40,000 for mine.
It was £29,500 and I never paid for the hartech rebuild. I went from a Cayman 981 and the DFI Engines are great. The 997 is way louder and torquer-er though.
I actually loved my Cayman but I needed them back seats for my daughter. The 997 is still small and feels like a sports car and not a GT car.
996s going up 44% is because they are coming up from the low 20's. The 997s were coming up from a much higher starting point, almost double. Not sure why he doesn't mention that. And no, 996s will NEVER exceed the value of 997s. The 997 is a much better car, and 997.2 has much lower production numbers. The 997.2 is the high point and the best 911 in the small format.
Great job 👏 please do a update on the 997 turbo/ gt3 market... thanks 😊
I believe the 997.2 is the next 993. The shape and the fact it's the last analog 911 means it's going to be a classic. Only made for 3 years as well. There isn't a ton of Carrera Base 997.2s that were produced because of the financial crash. It's going to be a special car and a must for every 911 collector.
Great analysis. Cleanest specification would be to include dummy variables for quarter-year (or month-year) of transaction to the other observables and plot the estimated coefficients on those dummies. Can do this for each trim level to observe the time trend.
Subscribed for the Porsche content. Can’t get enough. Data, data, data!
Thanks for the sub!
Really enjoy your videos. Makes me feel good knowing I bought my 996.2 C2 Cab at the right time. Now if I can just fix it up to sell. 😎
Great video ad always. Please can you do an update on all the GT3 and GT3 RS trends across 996 and to most recent.
How do niche models such as the 997 Launch Editions factor into these values? Say, maybe a 2005 997 Launch Edition with 22000 miles??? (There were only 337 Launch Edition 997's imported to the US.)
Can you please do an analysis on the AMG G63 market? the 2021 Model Year is suppose to be the last v8 engine and prices are all over the place.
The major key is the engine. The 3.8 DFI engine is significant step from the M96-derived engines. Someone who knows ands can afford will obviously aim at the 997.2 S model with the DFI engine.
It would be great if you could analyze the demand also, not just, like now, only supply. It’s only half the picture. But obviously analyzing demand is much harder if not impossible compared to supply.
Yes, it's very difficult to find a reliable indicator for demand. Yet, given that price is set by supply and demand and that we know both the price and supply, it should be possible to deduce demand to some extent. I noticed that this works really well in some markets while other markets clearly function with a lag. But i didn't come yet to a solid conclusion on the mechanics of that one.
I wonder how the 911 (997,991,992) will develop over the next few years as we see such an electric car hype.
I hope this hype comes along faster. I need sports car.
Very well done, thanks.
Hi sir I got 2004 Porsche 911/4s convertible under 12,000 how much you think is worth
Awesome analysis - is the 997.1 C2S market still trending up?
I posted a market update two days ago: ua-cam.com/video/tJGhxfweI0c/v-deo.html
Great job!
Spot on video!
Good analysis. How about 997.2 turbo S?? Any info on that?
I drive a 2007er 997.1 4S with WLS (power kit) Man. Cabriolet with flap exhaust. The sound.........I would say the sound of 77.1 is better than 997.2.
Great content as always! Could it be so that the 997.2-buyers are choosing between that car and the 991? Or even for the 997 market as a whole? Maybe there's a connection here, if the asking price of 991 isn't that much higher than a 997.2?
In my experience the delta between the two when compared spec to spec are between 15-20k, so one could cross shop, say, a 991 base with a 997.2 S.
no mentioned of Targa oor cabriolet of either 2 or 4S
997.2 values going up bottom line.
And '09 .1 Turbos!
Values go up temporarily because of the inflation. The only cars that are REALLY collectibles are air cooled and their values will be going up long term. 996 and 997 will never be nowhere near as desirable as 964 and 993 in the future. Deal with it.
How about some analysis of a 2016 M4?
Great analysis! I’m looking to get into a 997.1 in June. Do you think the price would be great?
Punt on .1 versions go get a .2 997…you will be glad you did!
@@Scott-hq3df would you say it’s worth the 10-15k price increase?
@@redlightning4857 hell yes! I own one that I picked up with 17,000 miles on it and it has a factory aero kit. I’ve owned it for five years and all it’s cost me is tires, gas, oil and a clutch. Every time I drive that car I can’t stop smiling and everyone wants to know what the hell it is because nobody sees aero kits on 9114S’. It took me three years to find the car and it’s been an absolute dream. Go get one you won’t regret it it’s worth every dollar!
@@redlightning4857 lastly get a manual if you can!
@@Scott-hq3df got it. I’ll keep that in mind. Thank you :). And manual for sure
Have to deal with regression to the mean, per the video, some cars have far more room for price increases.
there is a massive flood of tens of thousands of used 911 dated from 2011 to 2021 coming in February, as most of the buyers cant pay the loans for them NOR can sell them in this moment.
A lot of Porsche dealers will have to close as they are struggling very hard to sell the delinquencies as used, and Porsche cannot sustain to try to input less cars in the market anymore to try to get the unpaid cars sold.
Porsche Mercedes BMW might need German government bailout in 2022/23.
Evidence?
@@Sh0SUPERMAN ask anyone in financial credits, that in this moment is contacting porsche owners who are not paying their lease and asking them to cover their debt to avoid the cars being taken from the bank and sent for auction....AND I MEAN ANYONE LITERALLY
Lies
@@stephenstiffler 911 used prices are down 20% in europe since last september... so no, it is not lies... this guy talking about american market when 911 shipped in one whole year as just a mere 1200, instead of 1500 a month which is the regular market...and prices will crush through the summer even further for new and for used cars of any kind...but the more luxurious the steeper the crush.
Would like to see the Lamborghini EVO market
Here you go: ua-cam.com/video/nVuMRkC4mmk/v-deo.html
Any 997 model that isn't a GT3RS, GT2, GT2RS, or Turbo should never pass 991 prices for the same model. Every other model is still being made in manual and all are much improved.
I can agree with the statement, but only 991.1 and not the turbo-only 991.2.
History (993) would say otherwise. Furthermore, “improved” does not always equate to “more desirable”.
@@chupacabrajohnson6800 993 are air cooled, unique to anything prior to 996. I agree that improved doesn't always equal more desirable, but in this sense a manual 997 Carrera offers nothing over a 991 Carrera, or 992 for that matter. Smaller body? Sure, but I don't think that's enough to justify them going over 991 values.
@@thedukeofwales Size, naturally aspirated engine, hydraulic steering, looks, sound. Lots of reasons people would rather have a 997 than a 991/992. I agree with Chupacabra, newer isn’t always better.
A lot of people, myself included, prefer the feel. Smaller, yes, but that’s not the whole story. Quite a few people are put off by the ever-increasing electronics. It also doesn’t hurt when someone like Prueninger states his opinion that the 997 is his favorite 911. Furthermore, 997.2s are in a state of relative rarity AND I think we all know by know that the car market is subject to many things beyond vehicle performance, newness, features, etc. Emotion rules here, and that’s one of the only places I think it SHOULD. People should feel something from their cars, so I can’t fault any of the craziness, really.
How do you feel now?
Not the price that I have seen much lower .his price are very high to the ones I looked at.
How about turbo and turbo s
Lmao mad. People are freaking out.
987.2 pleaseee
997 is great looking but the price difference between the 996 and 997 is so big with little performance increase it's hard to say no to the 996.
Buying a car with a standard transmission is like buying a house with a pool. While it won’t add much to the value, it will be a lot easier to sell.
996 are catching up to the 997's.
3 years later the data suggests that the 997 values in fact have not peaked....Just sayin.
It was the start of the peak. Values topped in the first half of 2022. The correction though was much lower than in the rest of the market. You can see the most recent market update here: ua-cam.com/video/ifAmbtNAwwM/v-deo.htmlsi=wKeDP72mQnei9kdq
GT3's
It would be cool to include 997 convertible
Can you please do an analysis on the AMG G63 market? the 2021 Model Year is suppose to be the last v8 engine and prices are all over the place.