How many folks buy new?

[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.