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997.1 Turbo values?

BChivs said:
Servicing is the biggest issue I find with the majority of used Porsche no matter what model! Seems consistent with the brand!
Cars not serviced when they should or when they are by unrecognised back street mot stations! Can't understand it! :dont know:
I know they are not cheap cars to own or run, but there not horrendously expensive either and if you buy a Porsche surely you've considered running costs??
The car I looked at Thursday was a 2007 car, serviced once in 09, again in 2010, then only a further minor service in 2016 yet he had genuinely convinced himself it had full service history! He got really uptight when I decided against it due to the lack of history and even tried arguing it had been done ahead of schedule as he had only done 10k between 2010 and 2016! :frustrated:
I know this is a contentious subject, but to me personally even 2 year intervals is not enough....on a high performance car like a 997 Turbo I feel it should be serviced yearly. Unfortunately you have to be realistic knowing that will never happen and cars that have are the holly grail!
He will find out the hard way when he puts it on Autotrader that everyone says the same!
It seems when looking at the market there's too many differences with spec, cond, age et. to accurately gauge values based on other cars advertised, and even more tricky when you realise half the cars advertised are not as they are described!
Feel free to flame my negatativity, and I was one of the ones a little while back argueing against the neigh sayers but since looking this year I have definitely noticed at least a plateau of prices. Not just Porsche, but prestige cars in general. I have seen a handful of dealers all dramatically reduce prices and by thousands not hundreds! Sign of the next year or so I'm not sure....I'm certainly no expert but when dealers slash prices and even comment on a slight downturn in market conditions you have to wonder.

Many prestige brands prices have 'softened'. Its hard to sell a Ferrari 360 or F430 and sellers are realising that its a buyers market - and these two models are far fewer in number than Porsche 997 Turbo cars! So imagine the stock of 997 Turbo cars out there for sale - chasing (relatively) few buyers who can be picky and choosy - rejecting cars on ads that are priced too high, going to see cars that appear attractive in ads and price and then rejecting them because they have scant history and/or condition is poor versus the description in the ad. You'll be amazed at the number of cars with such history that you have seen, DIY/self servicing, or serviced at an unrecognised specialist.

You are right to tread carefully - especially after your experience with that C4S. The Turbo can eat bank balances for breakfast! Good luck. I am sure your perseverance and adherence to the standard of car you want will pay dividends in the final car you buy.
 
I'm a QS for one of the largest PLC Construction firms in the world, and considered one of the strongest in the market however head office have recently announced the dilution of one our most profitable divisions due to its capital heavy nature, and are closely scrutinising all business overheads including professional staff costs. Much of this is due to the carillon scandal, but also much to do with a rocky few years forecasted including the impact of Brexit change.

I think in general people are tightening their purse strings.

I have noticed just recently Hexagon Classics slash at least £5k off much of their stock, a dealer in Milton Keynes knock £5-6k off two 996 Turbo X50's, 9E reduce a 996T, OPC Newcastle reduce a 997.1T by £3k, and other brands including many dealers reducing thousands from BMW M Cars including Bavarian, Lawton Brook reducing stock prices and also Munich Legends.

I didn't like to accept it a few months ago, but it's definately slowing. I enquired about a car that had been one of the above reduced, and asked the question 'why the sudden reduction?' And the replies I received were that the market is not what it was 18months ago....This is comments directly from blue chip dealerships.

I'm in no hurry to buy other than I have money burning a hole in my pocket and I envy those out making the most of the nice weather, but I will bide my time.
 
I think there is a sliding scale between trade value, private and retail in terms of price. To give some context on pricing, OPC have a manual 997T 42k miles for 55k with a decent spec and a 2 year warranty, the colour is not my choice. But with negotiation, this price could be reduced also.
 
BChivs said:
I'm a QS for one of the largest PLC Construction firms in the world, and considered one of the strongest in the market however head office have recently announced the dilution of one our most profitable divisions due to its capital heavy nature, and are closely scrutinising all business overheads including professional staff costs. Much of this is due to the carillon scandal, but also much to do with a rocky few years forecasted including the impact of 911uk change.

I think in general people are tightening their purse strings.

I have noticed just recently Hexagon Classics slash at least £5k off much of their stock, a dealer in Milton Keynes knock £5-6k off two 996 Turbo X50's, 9E reduce a 996T, OPC Newcastle reduce a 997.1T by £3k, and other brands including many dealers reducing thousands from BMW M Cars including Bavarian, Lawton Brook reducing stock prices and also Munich Legends.

I didn't like to accept it a few months ago, but it's definately slowing. I enquired about a car that had been one of the above reduced, and asked the question 'why the sudden reduction?' And the replies I received were that the market is not what it was 18months ago....This is comments directly from blue chip dealerships.

I'm in no hurry to buy other than I have money burning a hole in my pocket and I envy those out making the most of the nice weather, but I will bide my time.

Good points but im not so sure. Hexagon are just overpriced by miles and their cars are there for many months, if not forever! I think some dealers are just jumping on a bandwagon, then falling off it and pricing more relaistically.
I generally look at 911V for a yardstick, there cars are not over che

The cars im looking at (997 GTS and Turbo) havent moved a drot and all offers ive made have been firmly rejected)
 
keendean said:
....... OPC have a manual 997T 42k miles for 55k with a decent spec and a 2 year warranty, the colour is not my choice. But with negotiation, this price could be reduced also.

Where :?:

The cheapest three OPC cars I can find are all Tiptronics and start with a 46k miler for £59k.
 
spongebob squarepants said:
The cars im looking at (997 GTS and Turbo) havent moved a drot and all offers ive made have been firmly rejected)

I'm not surprised. Obviously I don't know what cars are actually selling for but I do know for a fact that asking prices have gone up steadily in the last couple of months.

Some cars have been on the market for a while and one or two have been reduced. My take is that these were either overpriced in the first place and/or don't stack up when details such as service history, spec and current condition are scrutinised.
 
keendean said:
But with negotiation, this price could be reduced also.

In my experience, you have more chance extracting a hens tooth from a unicorn than getting any significant discount on an OPC car.

That said, I am not part of the Illuminati, Landed Gentry or the Cheshire set.
 
To be fair for my C4S I negotiated 1.5k, which I thought was ok from an OPC.
Ive bought from OPC Belfast in the past, there cars always seem to be a few K cheaper than the mainlland. That turbo looks a cracking buy, if it wasnt blue it would be heading for my garage!
 
I negotiated on a car I bought a few months back from OPC. Depends on a lot of variables of course. Just to note was circa 2k and I also had a short shift kit fitted for £110 supplied. This was a gen 2 C4S.

If the turbo was grey, I'd of left a deposit today :)
 
Just run an errand out in the car....
The speedo just turned 17,000, it was a symmetrical moment !

Bank just phoned and called in my loans and mortgage, apparently they had a tracker on the car, the drop in value spooked the market and I'm now homeless and bankrupt :sad:

Only part of this post is true :?:
 
Sorry to hear that MFP

You need one of these.
 

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It sold, I was deliberating over the colour and it had over revs in RR3, it took all day to get the video and it looks better than I thought. Now sold. Snooze you loose as they say :frustrated:
 
jotaking said:
Sorry to hear that MFP

You need one of these.

Fantastic - I shall move in tonight, what a relief :thumbs:
 
Main Force Patrol said:
Just run an errand out in the car....
The speedo just turned 17,000, it was a symmetrical moment !

Bank just phoned and called in my loans and mortgage, apparently they had a tracker on the car, the drop in value spooked the market and I'm now homeless and bankrupt :sad:

Only part of this post is true :?:

Lol the only way is up for that puppy, thats my kind of mileage :worship: :worship: :worship: :worship: :worship: :worship: :worship: :worship:
 

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