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wasz
Magny-Cours


Joined: 28 Dec 2012
Posts: 2627


1999 Porsche 996 Carrera 2

PostPosted: Fri Jul 13, 2018 8:40 pm    Post subject: Reply with quote

Lol this thread make me chuckle.

These cars are 15+ years old, even a £20k one is not going to be 100% perfect.

If you want a perfect sports car for £20k take your purse to the nearest Mazda dealer and spec up an MX5 a bit.

A PPI is setup to find things wrong, you are paying them to find faults, if they don't find any they aren't doing their job. By all means use them to chip the price but don't expect a perfect car.

I would politely suggest the OP takes his money to 911 Virgin or one of the other super reputable cast iron dealers around. A close eye will still find imperfections, but it will likely be as good as it gets and the backup is excellent.

Also FYI lots of people (me included) prefer the 996 over the 997, its more raw and analogue, has not of the "soft touch" controls of the 997. So the top of 996 prices overlaps the bottom of 997 prices by a fair margin.
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Y2K
Spa-Francorchamps


Joined: 08 Mar 2016
Posts: 360
Location: Hampshire


PostPosted: Sat Jul 14, 2018 5:38 am    Post subject: Reply with quote

wasz wrote:
Lol this thread make me chuckle.

These cars are 15+ years old, even a £20k one is not going to be 100% perfect.

If you want a perfect sports car for £20k take your purse to the nearest Mazda dealer and spec up an MX5 a bit.

A PPI is setup to find things wrong, you are paying them to find faults, if they don't find any they aren't doing their job. By all means use them to chip the price but don't expect a perfect car.



+11111111111

These are 17 yo performance cars; they all require ‘rolling restoration’ one way or another, hence the wildly accepted ‘£2k pa’ minimum expenditure.

Buy one with the right spec, colour, straight panels, decent history and off you go. All the oily bits, even mild rust can be fixed if and when.

If one starts reading forum scary stories too much one may never buy a car!

(Not aiming at OP of course, just my 2 cents)
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BChivs
Spa-Francorchamps


Joined: 02 Aug 2017
Posts: 337



PostPosted: Sat Jul 14, 2018 8:26 am    Post subject: Reply with quote

Y2K wrote:
wasz wrote:
Lol this thread make me chuckle.

These cars are 15+ years old, even a £20k one is not going to be 100% perfect.

If you want a perfect sports car for £20k take your purse to the nearest Mazda dealer and spec up an MX5 a bit.

A PPI is setup to find things wrong, you are paying them to find faults, if they don't find any they aren't doing their job. By all means use them to chip the price but don't expect a perfect car.



+11111111111

These are 17 yo performance cars; they all require ‘rolling restoration’ one way or another, hence the wildly accepted ‘£2k pa’ minimum expenditure.

Buy one with the right spec, colour, straight panels, decent history and off you go. All the oily bits, even mild rust can be fixed if and when.

If one starts reading forum scary stories too much one may never buy a car!

(Not aiming at OP of course, just my 2 cents)


To a certain extent I agree, but budget dictates condition. When I was searching for a C4S I didn’t set a budget but just wanted the best I could find. I traveled the south of the country and discounted many cars that were all knackered described as mint.
There is a broad price range from £18k up to £35k....the way I see it spend £20k on one expect to spend a fair few grand on it, but if you pay upwards of £30k you should be buying a sorted car.
This is theoretically speaking and this is not how things happen in the real market but it should....too many with crap cars trying to flaunt the C4S tax.
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Y2K
Spa-Francorchamps


Joined: 08 Mar 2016
Posts: 360
Location: Hampshire


PostPosted: Sat Jul 14, 2018 9:23 am    Post subject: Reply with quote

^^^^ agree with that as well. Thumb
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T8
General
General


Joined: 29 Jun 2010
Posts: 14638
Location: Kent


PostPosted: Sat Jul 14, 2018 9:33 am    Post subject: Reply with quote

wasz wrote:


These cars are 15+ years old, even a £20k one is not going to be 100% perfect.

If you want a perfect sports car for £20k take your purse to the nearest Mazda dealer and spec up an MX5 a bit.

A PPI is setup to find things wrong, you are paying them to find faults, if they don't find any they aren't doing their job. By all means use them to chip the price but don't expect a perfect car.

I would politely suggest the OP takes his money to 911 Virgin or one of the other super reputable cast iron dealers around. A close eye will still find imperfections, but it will likely be as good as it gets and the backup is excellent.



Spot on Thumb
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asterix_the_gaul
Suzuka


Joined: 20 Dec 2008
Posts: 1104
Location: Cheshire

1999 Porsche 996 Carrera 2

PostPosted: Tue Jul 17, 2018 7:53 pm    Post subject: Reply with quote

Another tidy looking c4s popped up on eBay today, 97k miles, fresh mot, engine rebuild 6k miles ago, seal grey manual at 22.5k ONO. Get on the phone! Nothing to do with me by the way!
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cheshire911
Estoril


Joined: 10 Jun 2012
Posts: 3744



PostPosted: Tue Jul 17, 2018 10:44 pm    Post subject: Reply with quote

Lots of "nice" examples on internet. But not take adequate precautions to satisfy yourself that they are as good as claimed.
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Phil 997
Brands Hatch
Brands Hatch


Joined: 05 Dec 2015
Posts: 14429
Location: Bournemouth,Dorset

2009 Porsche 997 Carrera 4S

PostPosted: Wed Jul 18, 2018 3:46 pm    Post subject: Reply with quote

I also think theres mileage in the suggestion to buy one for 8/10k is and spend 10/12k getting it how you want it, either engine or suspension or paint or a bit of all those things . Also factor in that you will probably spend 2k pa maintaining it. Thumb Thumb
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asterix_the_gaul
Suzuka


Joined: 20 Dec 2008
Posts: 1104
Location: Cheshire

1999 Porsche 996 Carrera 2

PostPosted: Wed Jul 18, 2018 7:07 pm    Post subject: Reply with quote

Phil 997 wrote:
I also think theres mileage in the suggestion to buy one for 8/10k is and spend 10/12k getting it how you want it, either engine or suspension or paint or a bit of all those things . Also factor in that you will probably spend 2k pa maintaining it. Thumb Thumb


I don't think 8k cars exist. 12k cars exist that you can spend 8k improving certainly..
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uk996
Trainee


Joined: 09 Jan 2018
Posts: 90
Location: Home Counties


PostPosted: Sat Aug 11, 2018 9:45 pm    Post subject: Reply with quote

I'll recount my buying experience, just to reinforce what many people have said on here already.

I've spent about the last 25 years tracking the prices of 911 ! I've seen 1960s being sold for about £8k, 930 a little more, 964 were bargain basement and 993 were mid teens. Turned down a 996 GT3 a track machine that was being sold for £27K with all the parts to return it back to a stonking road going machine.

Anyway, it's not about what if? I bought my car back at the end of February. I'd seen a few cars already, a few owned by forum members. Eventually I found a car that ticked most of the boxes, the only thing was, the colour wasn't my first choice (seal grey, I wanted lapis blue), but it was in reasonable condition. Had recent money spent on it, like a free flow manifold, 200 cell cat, sports exhaust, new MPS2 tyres all round, genuine turbo hollows, manual, Bilstein PSS 10, new rads and condensor and mileage was fairly low at 70k miles for a 2002.

I knew it was due a service and an alignment. I spent £3k in the first week on a new clutch accumulator, window regulator, heatshields, fuel cap, brake fluid change, some ducting and undertrays were missing, CV boots, ARB drop links, coolant leak (rads were plumbed in upside down apparently).

After that I spent another £3k on an uprated clutch (RMS was leaking and causing the previous clutch to slip), intercooler and brakes. Car had a poor tune on it, which I've had rectified.

So I paid under market rate when I bought it and ended up with a car that is (almost) tip-top. Monetarily, it would've cost me not much more to go for a fully sorted example with a well regarded independent dealer tbh, though some of my spend were not strictly necessary, like the brakes and I could've saved a few hundred by replacing with the standard clutch.
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Last edited by uk996 on Sun Aug 12, 2018 6:27 am; edited 2 times in total
 
  
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Gunscrossed
Silverstone


Joined: 01 Aug 2018
Posts: 115



PostPosted: Sat Aug 11, 2018 11:12 pm    Post subject: Reply with quote

Never been a fan of PPI to be honest, for the reasons already mentioned.
 
  
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INWB
Monza


Joined: 02 May 2016
Posts: 170
Location: Leicestershire


PostPosted: Sun Aug 12, 2018 7:50 pm    Post subject: Reply with quote

It took me just over a year to find my C4s. The ones for sale looked good (spec, FSH etc) but they were pretty dire when seen. A FSH is near meaningless unless they have a pile of receipts for stuff that should be changed (clutch, coffin arms, rads, brakes etc etc)

I paid over the odds (23,500) for a ex 911 Virgin car that was in the best shape I could find after a year. That was three years ago.

Prices have risen and the stock out there is that bit older. I don't fancy your chances of finding one that won't scare you with the work that needs doing to it. The manifolds on most will need doing as it seems to be done as a last resort. If the bolts snap (as they tend to) then you're looking at spending a wedge in labour costs for a part that costs less than a £750.

I have spent just over £10K in the last 3 years. This week I'm spending another £1500 (taking this year to near enough £5K). My car hasn't even covered 65,000 miles btw.

At recent events I have been looking at C4S closely. I can count on one hand how many are as good, if not slightly better than mine. None of them are for sale and it would take something starting with a 3 to tempt me out of mine now as it wants for nothing.

Prices have been a bit strange recently and some cars are sticking that appear to be okay but I know aren't that great. Some are "cheap" and are pretty good but still don't sell.

If I had £20K I would be going for the best C2 I could find and holding back a bit of a fighting fund.

Whatever the decision wish you all the very best - get a good one and you will soon forget the price you paid.
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MisterCorn
Long Beach


Joined: 08 Jan 2011
Posts: 6263
Location: Nottingham, England

2004 Porsche 996 Turbo

PostPosted: Sun Aug 12, 2018 7:59 pm    Post subject: Reply with quote

The big problem with buying cars is that price is dictated by model, colour, spec, and mileage. Condition doesn't generally come into it. When buying a 15-20 year old car I would just keep a good budget to get it all sorted. Assuming the engine and gearbox are good then £5k can fix most other things if you can hold a spanner. If every car you look at has issues then then it probably just how the vast majority of them are. Buy from an enthusiast of you can, otherwise just expect to change suspension, radiators, condenser, exhaust. Usual 996 bits.

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Steff
Trainee


Joined: 16 Jan 2015
Posts: 81



PostPosted: Mon Aug 13, 2018 9:32 am    Post subject: Reply with quote

There's a couple of threads along these lines at the moment.

My experience is similar to many on here. I bought pretty cheaply at the start of 2015, getting an early 3.4, 65k miles, pretty good history, all original with the MO30, LSD etc for £9,800. I had a PPI and new it would need a few grand to bring it up to scratch.

I haven't actually added up everything I've spent but it will be comfortably more than I paid for it.

Aside from the fact that I'm skint, I don't have a huge problem with that. it's a 20yr old car that cost close to £60k new.

I have read numerous times that just because £60k car has devalued to £10k, for example, it is still a £60k car and the running costs will be in line with that even if they don't need major work doing. As many have said these cars are old now and need a lot more than just routine maintenance.

I think the problem comes when people buy a £10-£15k car expecting it to cost fiesta money to run.

I'm quite comfortable with the risk, I am driving a car way above my pay scale and even if it went bang tomorrow and I had to sell for parts, I would have owned a 911, which for me is a tick in a box I never thought I'd have.

In reality it is not my only car so if the worst happened, I would put it away in the garage until a time came when I could fix it.

As people have said, everyone has a different attitude to risk but I think you have to remember you cant buy a £10-15k Porsche and expect it to cost nothing run. Someone will be along in a minute to say they are doing just that, but I expect that's the minority.

Anyway, buy them, drive them and enjoy them. If the risk is too great to sleep at night then buy something cheaper!, nothing wrong with an MX5 by the way!
 
  
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911MDN
Monza


Joined: 01 Feb 2011
Posts: 231
Location: Oxford


PostPosted: Mon Aug 13, 2018 6:27 pm    Post subject: Reply with quote

If you are still looking, I’m considering selling mine.

Send a PM if interested.
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deMort
Zolder


Joined: 21 Mar 2015
Posts: 5359
Location: Brighton


PostPosted: Mon Aug 13, 2018 7:59 pm    Post subject: Reply with quote

Buying a 996 at 20 - 22k is pretty much top end money .. after doing one of the 3 ppi,s listed for the OP then to tell him it will cost another 6 - 10K to put right makes it a bit over what is sensible money for one of these .

Buy cheap and fix up is one thing but the one i saw wasnt that .
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PHS
Trainee


Joined: 03 Mar 2018
Posts: 64
Location: Essex


PostPosted: Mon Aug 13, 2018 8:29 pm    Post subject: Reply with quote

I dunno, I’d consider selling mine but it wouldn’t be £20-22k.

I’ve spent £5k on it in the last year, it’s pretty sorted and I’d be wanting £27k, which would see me some way down but I could live with that. With a PPI being done on my car, which I’d expect and welcome, no doubt they’d be some work identified.

If I was buying another one the only thing on a PPI that would put me off would be engine/gearbox issues, everything else is just maintenance. Buyers need to be realistic in the same way the sellers do with the pricing.
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Jackzi
Trainee


Joined: 30 Aug 2015
Posts: 61
Location: Sussex


PostPosted: Tue Aug 14, 2018 5:06 pm    Post subject: Reply with quote

It's all about making you happy in the end.

As Ferry Porsche once said, 'a car that simply gets you from A to B doesn't go far enough'. (I used that quote for an ad when I worked for Porsche).

It's not simply a mode of transport, or indeed an investment, it's an emotional thing.

That said, the buyer should be happy that they paid their money for a decent example (or one that could be made decent) that they can enjoy and the seller should be happy that they've received fair compensation for it.

Bearing that in mind though, I don't see the logic of having to pay an owner back for the maintenance work they've paid for just to keep a car running.

I agree that engine and gearbox issues are the big ones and (most) other issues are maintenance. But the issues with the cars I've seen and had inspected up until now should have been factored into the asking prices.

'The market' is the guy in front of you, opening his wallet.

And so far, I didn't feel happy to do so.
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