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Lordglenmorangie
Nürburgring


Joined: 14 Mar 2012
Posts: 397
Location: Yorkshire


PostPosted: Mon May 15, 2017 4:20 pm    Post subject: Reply with quote

Bought my Turbo nine years ago with the sole purpose of driving it because at that time they where depreciating big style, I will never reach my buying price 90K and I am seventy years young so looking forward to driving it until I kick the bucket Very Happy
 
  
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Zingari
Shanghai
Shanghai


Joined: 25 Oct 2009
Posts: 11478
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Mon May 15, 2017 4:29 pm    Post subject: Reply with quote

Lordglenmorangie wrote:
Bought my Turbo nine years ago with the sole purpose of driving it because at that time they where depreciating big style, I will never reach my buying price 90K and I am seventy years young so looking forward to driving it until I kick the bucket Very Happy


Well said chum. I'll drink a dram and salute you Salut
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Me? The 13th Duke of Wybourne? Here? In a sixth form girl's dormitory? At three o'clock in the morning? With my reputation? What were they thinking of?
 
  
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Zingari
Shanghai
Shanghai


Joined: 25 Oct 2009
Posts: 11478
Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Mon May 15, 2017 4:32 pm    Post subject: Re: Precious Pricing Reply with quote

jotaking wrote:

With the recent gains on prices I am now finding myself getting a little precious over mileage and condition!

My odometer is at 9200 miles ready to hit the "collector wall" at 10K and therefore be worthless.

Should I cash out and get a 996 or cash in and get a GT3 or stick and wait until they hit 250K next spring? Floor


Hand Chum don't do your dough, perhaps you're more suited to a 993? The Illuminati membership will be guaranteed Rolling Eyes
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Me? The 13th Duke of Wybourne? Here? In a sixth form girl's dormitory? At three o'clock in the morning? With my reputation? What were they thinking of?
 
  
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Jay.
Monza


Joined: 21 Oct 2015
Posts: 227
Location: Peterborough


PostPosted: Mon May 15, 2017 8:39 pm    Post subject: Reply with quote

I'd personally sell it and maybe re-buy another one with a stack of miles on it already so you don't feel so bad, which will give you a spare chunk of cash spare too.
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Seal Grey 996 Turbo
 
  
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Frenchmeister
Suzuka


Joined: 24 Feb 2014
Posts: 1066
Location: Beautiful Cumbria.

2004 Porsche 997 Carrera 2S

PostPosted: Mon May 15, 2017 9:46 pm    Post subject: Reply with quote

Driver or speculator ?
Use it on sunny days and enjoy it, long time dead, Ferdinand built them to be used, mine has relatively low mileage but gets used on a regular basis in the good weather, okay it' s not a turbo and the residuals are not on the same scale.
Would you be thinking the same if it was only worth around 30k and still depreciating.
If not in desperate need of the money cherish and enjoy it and it will still be worth more then you paid for it.
I run a 944 Turbo S (genuine M758 car) only 40 odd left in the UK gets loved and treated like a baby, it also gets used and will be going to Spa in September, the value is on the rise but I will still drive it and don't bother about the miles now on 126k, condition alone would sell the car if I was to sell it, I intend to be buried in it so value does not really matter a jot thumbsup
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997 Carrera 2S 54 Arctic Silver
944 Turbo S 88 Solid Black
BMW X3 2.0D M Sport 06 Silver Grey
BMW E46 330i touring M Sport 05 Imola Red 2
 
  
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mikezulu
Trainee


Joined: 25 Jul 2014
Posts: 72



PostPosted: Tue May 16, 2017 6:00 pm    Post subject: Reply with quote

Each to his own and all that, but I find this kind of post slightly sad. I can see why one might possibly invest in a classic car like an ageing Ferrari and keep it "on bricks", but this is a full on Porsche FFS - even in plain C2 form the 2nd gen cars are a thrill to drive and fully deserve the "supercar" badge.

You may hold different religious views but I work on the well known principle - one life - live it. Sell the bloody turbo and get a Porsche you can drive without wetting yourself over the residuals. Smile
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997.2 C2 PDK - Sports Chrono - 19" Wheels
 
  
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basildon993
Montreal


Joined: 11 Dec 2008
Posts: 624
Location: Sussex


PostPosted: Tue May 16, 2017 6:08 pm    Post subject: Reply with quote

Personally I would sell it and buy a nice 997.2 Turbo with PDK and 50,000 miles on the clock and drive the tyres off of it! thumbsup
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997.1 Turbo Coupe Manual
ex 993 Carrera 2 Manual
ex 3.2 G50 Carrera Targa Manual
ex Chevrolet Camaro IROC Z Manual
 
  
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apollokre1d
Indianapolis


Joined: 06 Nov 2012
Posts: 2258
Location: United Kingdom


PostPosted: Tue May 16, 2017 6:12 pm    Post subject: Reply with quote

basildon993 wrote:
Personally I would sell it and buy a nice 997.2 Turbo with PDK and 50,000 miles on the clock and drive the tyres off of it! thumbsup


Good idea Smile
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9e Supplied 997.1 Turbo, Manual, Black
997.1 C4S, Manual (sold)
 
  
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Scholester
Montreal


Joined: 16 Jan 2012
Posts: 616
Location: South West


PostPosted: Tue May 16, 2017 6:16 pm    Post subject: Reply with quote

Mothball it (oil service every other year) and buy a five grand Boxster.
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997.1 Turbo Coupe, manual, black/black. 29k miles under its belt.
 
  
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jotaking
Spa-Francorchamps


Joined: 01 Jun 2012
Posts: 272



PostPosted: Tue May 16, 2017 7:44 pm    Post subject: Reply with quote

As ever, some good advice and comments. worship

Still sitting on the fence though....

Options are....

Keep the 997 turbo, car cover, garage and get a 996 C4S high miler to gallivant around in.

Side note...I only have a single garage, so 996 is going to be left in cold!

or

PX and cash for a 991 GT3 (Just waiting to see what happens to the GT market when the new one hits the road later this year)...that said..I think both the turbo and GT3 markets are showing similar gains??

or

Just keep the 997, use it sparingly and save my cash for the post brexit crash? Dont know
 
  
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Martian
Magny-Cours


Joined: 18 Mar 2009
Posts: 2653
Location: Bury St. Edmunds

2007 Porsche 997 Turbo

PostPosted: Wed May 17, 2017 11:53 am    Post subject: Reply with quote

Drive the nuts off it and give it a haircut pre MOT every year. Hey presto, you still have a low miler when you decide to sell! Laughing
 
  
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e92
Trainee


Joined: 25 Apr 2016
Posts: 97
Location: Reading


PostPosted: Wed May 17, 2017 12:43 pm    Post subject: Reply with quote

jotaking wrote:
As ever, some good advice and comments. worship

Still sitting on the fence though....

Options are....

Keep the 997 turbo, car cover, garage and get a 996 C4S high miler to gallivant around in.

Side note...I only have a single garage, so 996 is going to be left in cold!

or

PX and cash for a 991 GT3 (Just waiting to see what happens to the GT market when the new one hits the road later this year)...that said..I think both the turbo and GT3 markets are showing similar gains??

or

Just keep the 997, use it sparingly and save my cash for the post brexit crash? Dont know


Option 1 and 2 are good, 1 being probably the best. I would be take the advice about driving the 997TT with a pinch of salt from people with higher mileage cars. If they were in the same boat as you I'm not sure they would drive it themselves. I think if you look at the 997TT as an investment such as a house etc and buy another car that you can drive without worrying about miles, you will get the best of both worlds, you will make money and you get to enjoy a car thumbsup
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2001 996 Manual Turbo - Markski Remap, 964 RS LWFW, GT3 gearbox mount, Cargraphic Exhaust, 997 GT2 SSK, Forged DV, PSS10 Coilovers, GT3 front brakes, RSS Engine Mounts, Recaro seats, GT3 front control arms
2008 E92 M3 - Sold
 
  
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marconorth
Monza


Joined: 06 Jul 2015
Posts: 186
Location: Cumbria


PostPosted: Wed May 17, 2017 1:40 pm    Post subject: Reply with quote

e92 wrote:
jotaking wrote:
As ever, some good advice and comments. worship

Still sitting on the fence though....

Options are....

Keep the 997 turbo, car cover, garage and get a 996 C4S high miler to gallivant around in.

Side note...I only have a single garage, so 996 is going to be left in cold!

or

PX and cash for a 991 GT3 (Just waiting to see what happens to the GT market when the new one hits the road later this year)...that said..I think both the turbo and GT3 markets are showing similar gains??

or

Just keep the 997, use it sparingly and save my cash for the post brexit crash? Dont know


Option 1 and 2 are good, 1 being probably the best. I would be take the advice about driving the 997TT with a pinch of salt from people with higher mileage cars. If they were in the same boat as you I'm not sure they would drive it themselves. I think if you look at the 997TT as an investment such as a house etc and buy another car that you can drive without worrying about miles, you will get the best of both worlds, you will make money and you get to enjoy a car thumbsup


Exactly what i do. I have a Renault Clio for work and general shunting around, I put loads of rough miles onto it and it matters not a jot. My 997 Turb is my special toy kept for weekends/runs out into the Lakes etc. She's only just turned 20k miles so its value shouldn't be too shabby.
The above is the perfect balance for me thumbsup
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2008 997.1 Turbo Man.Black/Black- Pampered!!!
 
  
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Shurv
Albert Park


Joined: 09 Jan 2013
Posts: 1667
Location: Northampton


PostPosted: Wed May 17, 2017 1:57 pm    Post subject: Reply with quote

Stop fretting about it and enjoy the thing. You bought it to drive, so drive it. I bought my 996C4S 4 years ago with 40k on the clock, in great condition, it now has 72k and is worth the same as I paid. I'm ecstatic about that, and it does one track day a year, weekends away and European thrashes. It has a load of dog hairs in the back, lives outside 24/7 and I love it to bits. My pleasure with this car is in the driving, it was built to drive, I bought it to drive, so it gets driven.
If you bought your 997 turbo as an investment, then that's what it should be, it's your toy, your choice. If owning it is causing you anguish, then perhaps you should sell, BUT, a great many folk have done this with 911's and regretted it ever since.
Tape over the mileometer, book a chunnel crossing, then put 2500 miles on it in 2 weeks ( I can give you a list of amazing roads to drive) , you'll be cured and won't be able to get out of it as your grin will be so wide. Following that, you'll never sell it. Very Happy thumbsup
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996 C4S Arctic Silver Black leather
 
  
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Roger Barker
Silverstone


Joined: 06 Oct 2014
Posts: 101



PostPosted: Sat May 20, 2017 12:08 pm    Post subject: Reply with quote

askgeez wrote:
Errr sell it

Buy a pork that you feel less precious about Dont know

Having a beautiful car that you don't want to drive is like being married to Rachel Riley and only shagging her once a month Floor


Very Happy This, x 100. Says it all really.

OP- threads like this really do make me laugh but also confuse me at the same time. The 997 Turbo is a spectacular car with stunning real world performance that can shock you and make you smile any day of the week..

BUT

It's a mass produced 911, not an Enzo or Zonda with a 7 figure value. 10k miles on a 997 Turbo, especially a gen 1 is ridiculously low miles. Drive your car as often as you can and enjoy it as much as you can.

I do 3k-4k miles a year approx and it is doing values no harm, as mine is a second car and I am often abroad so my chance to drive it is limited but I do so as often as possible.

997 Turbo prices have been rising for some time, any car with sensible miles, good condition and spec will sell easily for strong money. There are not many very good examples for sale anymore at all, most people are holding on to them...
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997.2 Turbo S
Monster!
 
  
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