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spongebob squarepants
Shanghai


Joined: 20 Dec 2009
Posts: 4545
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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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
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FZP
Sepang


Joined: 18 Jan 2015
Posts: 2816
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: 191
Location: Anglesey

2006 BMW M5

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
Sepang


Joined: 18 Jan 2015
Posts: 2816
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: 816



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
Sepang


Joined: 18 Jan 2015
Posts: 2816
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: 4545
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
_________________

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: 14818
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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