How many folks buy new?

[Flavor 987S]

I've done both.

I purchased my 2006 987S new. Custom order. Waited 7 long months for it to arrive.

Purchased my 1997 993TT used in 2009.

Both Porsches cost right about the same money.......only 13 years apart. Now the Boxster is worth less than half of the purchase price, and the Turbo has gone up in value since I purchased it, and received +20,000 smiles/miles in return.

I good with this.

[jmatta]

Bought my '02 S in 2006 for half the sticker and only 7900 gentle miles. Now showing 21,000, it's been very kind to me...only money I've put in are voluntary mods and maintenance.

[Perfectlap]

Originally Posted by Flavor 987S

Purchased my 1997 993TT used in 2009.

Good timing. They were practically giving away used Porsches that year.
Once in a life time credit crisis was a good time to have cash.

[Flavor 987S]

Originally Posted by Perfectlap

Good timing. They were practically giving away used Porsches that year.Once in a life time credit crisis was a good time to have cash.

Very far from the truth for the 993 and 993 Turbo market. I started my search in 2007 and finally found my car in 2009. There are less than 500 examples of my car in the USA and during this search period, I was loosing out to a lot of European and Asian buyers.

But you are correct about having cash. It was king, and allowed you to pounce when a great car did hit the market.

[Perfectlap]

Originally Posted by Flavor 987S

Very far from the truth for the 993 and 993 Turbo market. I started my search in 2007 and finally found my car in 2009. There are less than 500 examples of my car in the USA and during this search period, I was loosing out to a lot of European and Asian buyers.

But you are correct about having cash. It was king, and allowed you to pounce when a great car did hit the market.

The rarer 993's held up well but according to Excellence the more run of the mill 993's were still near - 12% to -15% hit from the top of the credit bubble in 2007 to the bust in 2009. Albeit not as bad as the 996's some of which fell from the $50-60K range by nearly $20-$25k in just those two years. I was surprised to see, contrary to popular belief, that well maintaned 2.7 and 3.2 986's were only in the -18% to - 20% range for that time.