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spongebob squarepants
Shanghai


Joined: 20 Dec 2009
Posts: 4780
Location: Manchester and Iraq


PostPosted: Thu Nov 29, 2018 3:28 pm    Post subject: Reply with quote

gilford wrote:
spongebob squarepants wrote:
T8 wrote:
Ridders wrote:


My mate has just been offered £48k trade in against a new £140k Panamera.

It’s a 2012 991 C2S PDK Black on Black, nice options, 36k miles.

So if his local OPC is offering him £48k, what will that end up at on the forecourt? They’ve probably already got someone lined up.

Also, circa £70k was paid for it at 1 year old, being offered £48k 5 years later, so just £4,400 depreciation per year seems excellent



At an OPC that'll be a £59,995 car I reckon.

£4.4k pa depreciation being taken as "excellent" is an interesting view. Compared to the person who took a £25k hit in one year on the same car it definitely is. Smile

Certainly compared to other marques it probably stacks up well but many on here are more likely to be in the camp of thinking that if he'd have bought a similar age 997GTS at that time he would have lost an awful lot less.

Horses for courses I suppose.


Realistically your going to lose on a 'normal' newer Porsche. The retail on the 991 im buying was just shy of 110 grand, and ive paid 62,500 on a 5 year old car, im fairly happy someone else took the hit of 47,500 and I see it being worth a minimum of 50-55k in 4 years time, as its newer and on cheaper finance ill gladly take that little hit Thumb


I don’t know about that, your car is probably low £50k’s today (trade price).

I think realistically you’d be looking @ £40k max in 4 years time depending on condition and mileage.


You could be right but I can’t see it. If I look now for a low owner 9 year old 911 997 2S with under 30k on the clock and full OPC history, I’d be paying close to the 50k mark for a decent spec car. Add on the unicorn spec, colour and X51 of Herman I’m confident of the 50k (but only with low miles) Be interesting to revisit in 4 years time! I think there will be a fall over the next couple of years for sure but then a rise (aka 997) for the last (and best) of the NA 911’s
Grin
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FZP
Paul Ricard


Joined: 18 Jan 2015
Posts: 3102
Location: Cheshire


PostPosted: Thu Nov 29, 2018 3:30 pm    Post subject: Reply with quote

Agree
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gilford
Monza


Joined: 28 Aug 2006
Posts: 214
Location: Anglesey

2014 Porsche 991 Carrera 4S

PostPosted: Thu Nov 29, 2018 3:47 pm    Post subject: Reply with quote

spongebob squarepants wrote:
gilford wrote:
spongebob squarepants wrote:
T8 wrote:
Ridders wrote:


My mate has just been offered £48k trade in against a new £140k Panamera.

It’s a 2012 991 C2S PDK Black on Black, nice options, 36k miles.

So if his local OPC is offering him £48k, what will that end up at on the forecourt? They’ve probably already got someone lined up.

Also, circa £70k was paid for it at 1 year old, being offered £48k 5 years later, so just £4,400 depreciation per year seems excellent



At an OPC that'll be a £59,995 car I reckon.

£4.4k pa depreciation being taken as "excellent" is an interesting view. Compared to the person who took a £25k hit in one year on the same car it definitely is. Smile

Certainly compared to other marques it probably stacks up well but many on here are more likely to be in the camp of thinking that if he'd have bought a similar age 997GTS at that time he would have lost an awful lot less.

Horses for courses I suppose.


Realistically your going to lose on a 'normal' newer Porsche. The retail on the 991 im buying was just shy of 110 grand, and ive paid 62,500 on a 5 year old car, im fairly happy someone else took the hit of 47,500 and I see it being worth a minimum of 50-55k in 4 years time, as its newer and on cheaper finance ill gladly take that little hit Thumb


I don’t know about that, your car is probably low £50k’s today (trade price).

I think realistically you’d be looking @ £40k max in 4 years time depending on condition and mileage.


You could be right but I can’t see it. If I look now for a low owner 9 year old 911 997 2S with under 30k on the clock and full OPC history, I’d be paying close to the 50k mark for a decent spec car. Add on the unicorn spec, colour and X51 of Herman I’m confident of the 50k (but only with low miles) Be interesting to revisit in 4 years time! I think there will be a fall over the next couple of years for sure but then a rise (aka 997) for the last (and best) of the NA 911’s
Grin


Don't worry about it, enjoy the car while you have it, wish I could find one lock

The 991.2 will take a hit for sure, there's a lovely miami blue C4s in my local OPC for £109k (2017, 9k miles) that will not sell for that price now as the new one can be had for the same plus pick your own options.
 
  
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Ridders
Spa-Francorchamps


Joined: 20 Feb 2008
Posts: 292
Location: Rochdale


PostPosted: Thu Nov 29, 2018 9:04 pm    Post subject: Reply with quote

I’ve been looking at a 2008 997.2 C2 Manual 30k miles at a specialist, it’s on for £37k. It’s a lot of money for a simple NB C2, don’t you think? What would a similar early 991 be?
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FZP
Paul Ricard


Joined: 18 Jan 2015
Posts: 3102
Location: Cheshire


PostPosted: Thu Nov 29, 2018 9:12 pm    Post subject: Reply with quote

Seems a little on the high side. Entering S territory albeit with a few more clicks
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Shaoxter
Imola


Joined: 06 Nov 2014
Posts: 819



PostPosted: Thu Nov 29, 2018 10:47 pm    Post subject: Reply with quote

spongebob squarepants wrote:

Realistically your going to lose on a 'normal' newer Porsche. The retail on the 991 im buying was just shy of 110 grand, and ive paid 62,500 on a 5 year old car, im fairly happy someone else took the hit of 47,500 and I see it being worth a minimum of 50-55k in 4 years time, as its newer and on cheaper finance ill gladly take that little hit Thumb

Bit off topic, but is your car the one from Redline?
As well as the one in this video...
https://youtu.be/08t5Yw38Uos
 
  
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FZP
Paul Ricard


Joined: 18 Jan 2015
Posts: 3102
Location: Cheshire


PostPosted: Thu Nov 29, 2018 11:07 pm    Post subject: Reply with quote

Shaoxter wrote:
spongebob squarepants wrote:

Realistically your going to lose on a 'normal' newer Porsche. The retail on the 991 im buying was just shy of 110 grand, and ive paid 62,500 on a 5 year old car, im fairly happy someone else took the hit of 47,500 and I see it being worth a minimum of 50-55k in 4 years time, as its newer and on cheaper finance ill gladly take that little hit Thumb

Bit off topic, but is your car the one from Redline?
As well as the one in this video...
https://youtu.be/08t5Yw38Uos

It just dropped another £20k after watching that SB.
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spongebob squarepants
Shanghai


Joined: 20 Dec 2009
Posts: 4780
Location: Manchester and Iraq


PostPosted: Fri Nov 30, 2018 2:40 am    Post subject: Reply with quote

Shaoxter wrote:
spongebob squarepants wrote:

Realistically your going to lose on a 'normal' newer Porsche. The retail on the 991 im buying was just shy of 110 grand, and ive paid 62,500 on a 5 year old car, im fairly happy someone else took the hit of 47,500 and I see it being worth a minimum of 50-55k in 4 years time, as its newer and on cheaper finance ill gladly take that little hit Thumb

Bit off topic, but is your car the one from Redline?
As well as the one in this video...
https://youtu.be/08t5Yw38Uos


Herman appears in many such videos worship only adds to his value Grin
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991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit, ducktail.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
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T8
General
General


Joined: 29 Jun 2010
Posts: 15160
Location: Kent


PostPosted: Fri Nov 30, 2018 9:50 am    Post subject: Reply with quote

Ridders wrote:
I’ve been looking at a 2008 997.2 C2 Manual 30k miles at a specialist, it’s on for £37k. It’s a lot of money for a simple NB C2, don’t you think? What would a similar early 991 be?


A 2012 991 C2 with 30k miles, at a specialist, would be c£53k

There are cars out there for mid-£40ks but they have far higher miles. The % differential between them and similar 997s is the same.

Any 997 and the equivalent 991 are still at two different 'price points'.
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ms2015
Monza


Joined: 28 Oct 2015
Posts: 172



PostPosted: Mon Dec 03, 2018 2:03 pm    Post subject: Reply with quote

Agree with T8, been looking at the same 997/991 comparison myself, bargain hunting, a big premium for the 991 still exists. Let’s see how 2019 pans out. But the 992 starting price being >5% higher isn’t helping!
 
  
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AA3751
Newbie


Joined: 17 Jul 2016
Posts: 12



PostPosted: Wed Mar 06, 2019 11:50 pm    Post subject: Reply with quote

I’m on the hunt for a decent spec low mileage 991 and can’t seem to find anything under £65k!!

Would be interesting to hear from people who have just bought a 991. What price did you pay?

Will there be more 991s on the market in the next few months with the 992 out?
 
  
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gilford
Monza


Joined: 28 Aug 2006
Posts: 214
Location: Anglesey

2014 Porsche 991 Carrera 4S

PostPosted: Thu Mar 07, 2019 8:04 am    Post subject: Reply with quote

I just picked up a 2014 C4s with 13k on the clock for £69k private sale with transferable OPC warranty, cars like new.

There are good cars out there for a fair price, this would have been near £80k at an OPC, you just need to wait. It took me nearly 8 months!

Have you spoken with Mark @ Stirling’s Porsche? He has impeccable cars.
 
  
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G2
Suzuka


Joined: 26 Oct 2015
Posts: 1216



PostPosted: Thu Mar 07, 2019 10:17 am    Post subject: Reply with quote

It’s more likely spring will start to bring some life back into the market in terms of numbers for sale. But that also usually coincides with sellers becoming a bit more optimistic on pricing.

Suns out so I’m off for the a drive. Hope everyone gets into the seats they want or already own and enjoys the drive... Cool
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gilford
Monza


Joined: 28 Aug 2006
Posts: 214
Location: Anglesey

2014 Porsche 991 Carrera 4S

PostPosted: Thu Mar 07, 2019 10:40 am    Post subject: Reply with quote

Definitely!

There are some cars still for sale that were up when I started my hunt in August!
 
  
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T8
General
General


Joined: 29 Jun 2010
Posts: 15160
Location: Kent


PostPosted: Thu Mar 07, 2019 11:58 am    Post subject: Reply with quote

AA3751 wrote:


I’m on the hunt for a decent spec low mileage 991 and can’t seem to find anything under £65k!!

Will there be more 991s on the market in the next few months with the 992 out?



I've been very seriously looking for the right 991S for under £55k for the last 8 months. I'm not looking for too much 'spec' wise' but I do want a sub 50k mile car in the right colour-combo . Asking prices are very much the same now as they have been for several months but nearly all that are on the market today have been for sale for a while. None of them have been tempting enough for me to view.

It's interesting that you're saying the same about cars in the £55k-£65k bracket. What spec and mileage are you looking for. Question

Deliveries of the 992 will bring a few more 991s to market. Similarly a lot of people buy cars when the plate changes so some finance deals will be coming to an end shortly which might cause a few existing owners to be changing.

Given that most 992s are going to be £100k+ cars it seems likely that the market for 2-7 year old cars will be pretty buoyant for a while.
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ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
 
  
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gilford
Monza


Joined: 28 Aug 2006
Posts: 214
Location: Anglesey

2014 Porsche 991 Carrera 4S

PostPosted: Thu Mar 07, 2019 1:04 pm    Post subject: Reply with quote

T8 wrote:
AA3751 wrote:


I’m on the hunt for a decent spec low mileage 991 and can’t seem to find anything under £65k!!

Will there be more 991s on the market in the next few months with the 992 out?



I've been very seriously looking for the right 991S for under £55k for the last 8 months. I'm not looking for too much 'spec' wise' but I do want a sub 50k mile car in the right colour-combo . Asking prices are very much the same now as they have been for several months but nearly all that are on the market today have been for sale for a while. None of them have been tempting enough for me to view.

It's interesting that you're saying the same about cars in the £55k-£65k bracket. What spec and mileage are you looking for. Question

Deliveries of the 992 will bring a few more 991s to market. Similarly a lot of people buy cars when the plate changes so some finance deals will be coming to an end shortly which might cause a few existing owners to be changing.

Given that most 992s are going to be £100k+ cars it seems likely that the market for 2-7 year old cars will be pretty buoyant for a while.


Yes, I was speaking to the Sales Manager at my local OPC and he was saying that "most" people who are changing up to a 992 are trading 991.2 which are coming up or passed 3 years old.

I wanted an NA 3.8 so 991.1 and the market does seem strong for these at the moment, the ones still sat unsold for months seem to be the higher miles cars or early cars without DAB.

It's a funny old world 911 sales, it's like nothing I have experienced before in my car buying, spec and colour combo seem critical to resale but then when you are spending north of £60k on a 7 year old can you have a right to be!
 
  
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gilford
Monza


Joined: 28 Aug 2006
Posts: 214
Location: Anglesey

2014 Porsche 991 Carrera 4S

PostPosted: Thu Mar 07, 2019 1:07 pm    Post subject: Reply with quote

FYI there's a good group on Facebook for 911 sales, "Porsche 911 Cars for Sale" where someone does all the searching for you, mostly eBay sales but you do get some circa £50k 991's on there.

Worth joining if you are on the dreaded social media platform.
 
  
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Hamster75
Silverstone


Joined: 07 Sep 2017
Posts: 146
Location: Chester


PostPosted: Thu Mar 07, 2019 6:56 pm    Post subject: Reply with quote

I'm just in the process of trading my Manual 997.2 C4 on 45K miles in for a very high spec 991.1 C2S - 25k miles with all the bits & bobs 20" wheels, sports exhaust, pdk, sports crono, lots of top spec stuff so very excited,

With my local opc main dealer i am pleased to say happy with my deal , seems that both the 997.2 & 991.1 are still in demand they are quite keen to take my car at a good price & my 997 has only dropped £3k in 4 years since I bought it from them the same dealer.

Once its all sorted I will post some pics.
 
  
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FZP
Paul Ricard


Joined: 18 Jan 2015
Posts: 3102
Location: Cheshire


PostPosted: Thu Mar 07, 2019 7:02 pm    Post subject: Reply with quote

Tremendous G
Can't wait to see it Thumb
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Hamster75
Silverstone


Joined: 07 Sep 2017
Posts: 146
Location: Chester


PostPosted: Thu Mar 07, 2019 8:11 pm    Post subject: Reply with quote

FZP wrote:
Tremendous G
Can't wait to see it Thumb


Thanks, I pick it up on Wednesday so hopefully come to the next meet, will see you at Oulton tomorrow I hope thumbsup
 
  
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