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spongebob squarepants
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Joined: 20 Dec 2009
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Location: Manchester and Iraq


PostPosted: Wed Nov 28, 2018 2:41 pm    Post subject: Reply with quote

gilford wrote:
83 TEP wrote:
Surely the 992 price effect will take a while to come through, i.e. when 991s are traded in for them?


Yes, but the minute the trade in's hit the market the prices should drop, or at least there will be more choice out there!

It's painful looking for one at the moment, and the prices at the OPC for sub 30k mile cars is shocking.


Prices on sub 25k cars are even higher, long may it continue worship it’s long been recognised that low mile 991’ s are actually appreciating in value Thumb
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FZP
Estoril


Joined: 18 Jan 2015
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Location: Cheshire


PostPosted: Wed Nov 28, 2018 3:23 pm    Post subject: Reply with quote

spongebob squarepants wrote:
gilford wrote:
83 TEP wrote:
Surely the 992 price effect will take a while to come through, i.e. when 991s are traded in for them?


Yes, but the minute the trade in's hit the market the prices should drop, or at least there will be more choice out there!

It's painful looking for one at the moment, and the prices at the OPC for sub 30k mile cars is shocking.


Prices on sub 25k cars are even higher, long may it continue worship it’s long been recognised that low mile 991’ s are actually appreciating in value Thumb

Jonttt will want these back shortly mate Grin
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911TEL
Albert Park


Joined: 29 Oct 2007
Posts: 1513
Location: Inverness & Kazakhstan

2011 Porsche 997 Turbo S

PostPosted: Wed Nov 28, 2018 3:31 pm    Post subject: Reply with quote

FZP wrote:
Hang foul Gilford, there will be feasting on the carcasses of 991 owners to be had yet. You're probably looking at next summer before the bodies start to pile up. Porsche will want to move as much new stock as possible now given they've built 3/5ths of sweet F.A since the early part of the year. No doubt they be taking a hit on buying cars back to move existing owners into new cars. New cars sold is the name of their game.
It's going to be bloodbath.


No doubt there will be early buying of the old 991 model back to the dealer whilst th3 new prospective 992 owner waits patiently....( or not as the case may be ) for his new order to arrive ( sometime in the future) .....meanwhile OPC’s rake it all in (as usual) !
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Zingari
Donnington
Donnington


Joined: 25 Oct 2009
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Location: Cheshire

1993 Porsche 964 Anniversary

PostPosted: Wed Nov 28, 2018 4:03 pm    Post subject: Reply with quote

spongebob squarepants wrote:
it’s long been recognised that low mile 991’ s are actually appreciating in value Thumb


Is that using the Jonttt valuation index Floor
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Ridders
Spa-Francorchamps


Joined: 20 Feb 2008
Posts: 298
Location: Rochdale


PostPosted: Wed Nov 28, 2018 8:34 pm    Post subject: Reply with quote

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
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FZP
Estoril


Joined: 18 Jan 2015
Posts: 3554
Location: Cheshire


PostPosted: Wed Nov 28, 2018 8:37 pm    Post subject: Reply with quote

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

Have you just found your new car?
I reckon they'd stick it on low £60's.
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Ridders
Spa-Francorchamps


Joined: 20 Feb 2008
Posts: 298
Location: Rochdale


PostPosted: Wed Nov 28, 2018 8:52 pm    Post subject: Reply with quote

I can’t lie, it has crossed my mind, but besides raising circa £50k, I don’t think a 991 will fit in my garage.
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FZP
Estoril


Joined: 18 Jan 2015
Posts: 3554
Location: Cheshire


PostPosted: Wed Nov 28, 2018 8:59 pm    Post subject: Reply with quote

You're looking at it from the wrong angle. Don't look at as spending £48k, look at it as saving £15k, which you can put towards sorting a new garage Grin
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HSC911
Long Beach


Joined: 23 Jul 2014
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Location: Bedford


PostPosted: Thu Nov 29, 2018 12:33 am    Post subject: Reply with quote

Ridders wrote:
I can’t lie, it has crossed my mind, but besides raising circa £50k, I don’t think a 991 will fit in my garage.


Buy a sledge hammer and some bricks/cement Grin

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T8
General
General


Joined: 29 Jun 2010
Posts: 15784
Location: Kent


PostPosted: Thu Nov 29, 2018 9:09 am    Post subject: Reply with quote

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.
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spongebob squarepants
Zolder


Joined: 20 Dec 2009
Posts: 5506
Location: Manchester and Iraq


PostPosted: Thu Nov 29, 2018 10:23 am    Post subject: Reply with quote

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
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“Herman yellow, the last of the naturally aspirated”

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

Racing Yellow, there really is no substitute
 
  
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Rhodris-dad
Hockenheim


Joined: 28 Nov 2013
Posts: 694
Location: RHYL

2015 Porsche 991 Carrera 4 GTS

PostPosted: Thu Nov 29, 2018 12:56 pm    Post subject: Reply with quote

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.


....but that 1st hit is all VAT.

You have to use the "Man Maths" calculator when discussing cars Judge
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Rhodris-dad
Hockenheim


Joined: 28 Nov 2013
Posts: 694
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2015 Porsche 991 Carrera 4 GTS

PostPosted: Thu Nov 29, 2018 1:08 pm    Post subject: Reply with quote

https://www.autotrader.co.uk/classified/advert/201809060237451?postcode=ll182lt&keywords=GTS&sort=sponsored&radius=1501&make=PORSCHE&year-from=2014&model=911&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used&advertising-location=at_cars&page=1

What's everyone's opinion on the 2015 4GTS above?

Been up for sale for a while. Original owner would have taken a big hit on this one.

Spending over £100k on a car and doing 112k miles in 3 years is a bit of a strange thing to do.

Expect if you were going to keep it for 10 years and do 3k a year it would probably be OK?
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T8
General
General


Joined: 29 Jun 2010
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PostPosted: Thu Nov 29, 2018 1:16 pm    Post subject: Reply with quote

Rhodris-dad wrote:


Spending over £100k on a car and doing 112k miles in 3 years is a bit of a strange thing to do.



worship to him. I find it far stranger when people that pay that sort of money for a new car and then barely use it.

NB: I'm not referring to buyers of unicorns as that's a whole different matter but you often see 3 year old mainstream 911s for sale with sub 10k miles on them. I bet their 'cost per mile' is only about the same as this blokes.
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Rhodris-dad
Hockenheim


Joined: 28 Nov 2013
Posts: 694
Location: RHYL

2015 Porsche 991 Carrera 4 GTS

PostPosted: Thu Nov 29, 2018 1:24 pm    Post subject: Reply with quote

T8 wrote:
Rhodris-dad wrote:


Spending over £100k on a car and doing 112k miles in 3 years is a bit of a strange thing to do.



worship to him. I find it far stranger when people that pay that sort of money for a new car and then barely use it.

NB: I'm not referring to buyers of unicorns as that's a whole different matter but you often see 3 year old mainstream 911s for sale with sub 10k miles on them. I bet their 'cost per mile' is only about the same as this blokes.



... but what about the osteopath bills? Smile
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FZP
Estoril


Joined: 18 Jan 2015
Posts: 3554
Location: Cheshire


PostPosted: Thu Nov 29, 2018 1:39 pm    Post subject: Reply with quote

I say good on him for burning up the miles. Isn't there some bloke in the US that's racked up 800k miles in a 930 Turbo or something rediculous like that?
https://www.roadandtrack.com/car-culture/classic-cars/a10206846/meet-the-man-who-daily-drives-a-725000-mile-1976-porsche-911-turbo/
I think we'd all agree this bloke is a legend. Bandit
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Rhodris-dad
Hockenheim


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Posts: 694
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2015 Porsche 991 Carrera 4 GTS

PostPosted: Thu Nov 29, 2018 1:56 pm    Post subject: Reply with quote

FZP wrote:
I say good on him for burning up the miles. Isn't there some bloke in the US that's racked up 800k miles in a 930 Turbo or something rediculous like that?
https://www.roadandtrack.com/car-culture/classic-cars/a10206846/meet-the-man-who-daily-drives-a-725000-mile-1976-porsche-911-turbo/
I think we'd all agree this bloke is a legend. Bandit


I seem to remember a few years back of a chap (in the States) that had done a few million in his Volvo P1800.(I always wanted one of them when I was younger)

North Americans are not the mileage snobs that we Brits are.

US and Canada are vast countries and they rack up the miles.

I can remember in the late 80's having a job interview in New Hampshire and speaking to one of their employees who drove from Rhode Island through Massachusetts to New Hampshire to work everyday....4 + hours travelling.
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spongebob squarepants
Zolder


Joined: 20 Dec 2009
Posts: 5506
Location: Manchester and Iraq


PostPosted: Thu Nov 29, 2018 1:56 pm    Post subject: Reply with quote

Rhodris-dad wrote:
https://www.autotrader.co.uk/classified/advert/201809060237451?postcode=ll182lt&keywords=GTS&sort=sponsored&radius=1501&make=PORSCHE&year-from=2014&model=911&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used&advertising-location=at_cars&page=1

What's everyone's opinion on the 2015 4GTS above?

Been up for sale for a while. Original owner would have taken a big hit on this one.

Spending over £100k on a car and doing 112k miles in 3 years is a bit of a strange thing to do.

Expect if you were going to keep it for 10 years and do 3k a year it would probably be OK?


Lovely car, realistically it’s worth 55 absolute tops, no way will it sell for that money. I dread to think of the trade price on that car, but yes if you can afford to take the hit rack up the miles. No doubt was an expensive company car for someone Thumb
_________________
991 C2S PDK with X51 430 powerkit in racing yellow, PCCB, PDCC, PSE, Carrera S alloys, Sports design package with ducktail.
“Herman yellow, the last of the naturally aspirated”

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

Racing Yellow, there really is no substitute
 
  
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Rhodris-dad
Hockenheim


Joined: 28 Nov 2013
Posts: 694
Location: RHYL

2015 Porsche 991 Carrera 4 GTS

PostPosted: Thu Nov 29, 2018 2:07 pm    Post subject: Reply with quote

spongebob squarepants wrote:
Rhodris-dad wrote:
https://www.autotrader.co.uk/classified/advert/201809060237451?postcode=ll182lt&keywords=GTS&sort=sponsored&radius=1501&make=PORSCHE&year-from=2014&model=911&onesearchad=New&onesearchad=Nearly%20New&onesearchad=Used&advertising-location=at_cars&page=1

What's everyone's opinion on the 2015 4GTS above?

Been up for sale for a while. Original owner would have taken a big hit on this one.

Spending over £100k on a car and doing 112k miles in 3 years is a bit of a strange thing to do.

Expect if you were going to keep it for 10 years and do 3k a year it would probably be OK?


Lovely car, realistically it’s worth 55 absolute tops, no way will it sell for that money. I dread to think of the trade price on that car, but yes if you can afford to take the hit rack up the miles. No doubt was an expensive company car for someone Thumb



At least you know it won't have been "clocked".
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gilford
Monza


Joined: 28 Aug 2006
Posts: 242
Location: Anglesey

2014 Porsche 991 Carrera 4S

PostPosted: Thu Nov 29, 2018 3:08 pm    Post subject: Reply with quote

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.
 
  
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