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AA3751
Newbie


Joined: 17 Jul 2016
Posts: 22



PostPosted: Fri Mar 08, 2019 11:12 pm    Post subject: 991.1 vs 991.2....Best residual? Reply with quote

So I’ve just been browsing latest current prices on C2S models in both 991.1 and 991.2s. 991.1 seem to be around the £65k mark for a lower mileage one if not a little more and just under £80k for a low miles 991.2....

Question is, which one would you have? Will the 991.2 drop much more in value when the 992s are delivered and if it does will the 991.1 take a hit too?

Hardly any 991.1s on for sale just now! But definitely some decent 991.2s...

Thoughts appreciated....
 
  
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T8
General
General


Joined: 29 Jun 2010
Posts: 15749
Location: Kent


PostPosted: Sat Mar 09, 2019 12:57 am    Post subject: Reply with quote

All 991 Carreras are depreciating. Early models haven't got as many £££s left to fall but will be older / higher mileage. Like any mainstream make of car, age + mileage = depreciation.

Unlike most (all Question ) other mainstream marques they depreciate slowly each year and are still relatively valuable when they stop.
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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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Magic919
Suzuka


Joined: 05 Jun 2013
Posts: 1191
Location: Berkshire


PostPosted: Sat Mar 09, 2019 6:53 am    Post subject: Reply with quote

I’d drive them both and buy the one I prefer. Don’t expect any sudden changes when the newer cars appear.
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spongebob squarepants
Zolder


Joined: 20 Dec 2009
Posts: 5471
Location: Manchester and Iraq


PostPosted: Sat Mar 09, 2019 6:59 am    Post subject: Reply with quote

Magic919 wrote:
I’d drive them both and buy the one I prefer. Don’t expect any sudden changes when the newer clars appear.


+1 See which you prefer. Each evolution is better than the last, so the 991.2 in theory is the better car, but you also have turbo v NA to consider.
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ragpicker
Reims


Joined: 14 Apr 2013
Posts: 4015
Location: North East England


PostPosted: Sat Mar 09, 2019 11:16 am    Post subject: Reply with quote

I was in my local OPC yesterday, they had a 991 GTS inside, brand new with the finance example on the window. The monthly payment was listed as £340. Intrigued I had a closer look as it sounded too good to be true..

The deal was £59k deposit, 36 payments of £340 and then a balloon of £61k, max 8k miles pa.

I nearly laughed stupidly. Someone must buy these cars like this. How much will a 991 GTS be worth to the OPC in 3 years (not private sale value)? £70-80k?

So you put £60k down, spend £12-13k in payments over the term (call it £75k for ease of reckoning) and for your £75k investment they will take your car off you and give you £10k back (70 (value of car) - 60 (balloon)).

Am I missing something because this seems like abysmal value for money..

Dont know
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T8
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General


Joined: 29 Jun 2010
Posts: 15749
Location: Kent


PostPosted: Sat Mar 09, 2019 11:27 am    Post subject: Reply with quote

A total of 132k purchase price for the car if you wanted to keep it at the end or £65k to effectively rent it for 4 years and give it back.

Either way ........ Surprised
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Magic919
Suzuka


Joined: 05 Jun 2013
Posts: 1191
Location: Berkshire


PostPosted: Sat Mar 09, 2019 11:37 am    Post subject: Reply with quote

I don’t imagine any people buy the car exactly like that. I expect lower deposits and higher monthlies would be far more common.
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coopertrooper2001
Monza


Joined: 07 Oct 2013
Posts: 170



PostPosted: Thu Apr 04, 2019 11:45 am    Post subject: 991.1 Reply with quote

Just bought a 991.1 C2S with 29k and 1 owner, from OPC with 2 years warranty for £58k.

Sport Chrono
PSE
Sport design kit
High spec.

There are quite a few about.
 
  
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911Time
Monza


Joined: 25 Sep 2018
Posts: 160
Location: Staffordshire


PostPosted: Thu Apr 04, 2019 12:33 pm    Post subject: Reply with quote

AA3751 wrote:
So I’ve just been browsing latest current prices on C2S models in both 991.1 and 991.2s. 991.1 seem to be around the £65k mark for a lower mileage one if not a little more and just under £80k for a low miles 991.2....

Question is, which one would you have? Will the 991.2 drop much more in value when the 992s are delivered and if it does will the 991.1 take a hit too?

Hardly any 991.1s on for sale just now! But definitely some decent 991.2s...

Thoughts appreciated....


AA3751 - unfortunately none of us have a crystal ball when it comes to residuals but here are my own thoughts.

I was in the same position as you a few months back and what I spent on my 991.1 4S, wasn't far off what a 991.2 2S would have cost.

In the end I plumbed for the 991.1 for the following reasons:

First of all, I figured that after all those years building amazing naturally aspirated engines, the 3.8 in the 991.1 ought to represent the zenith of its type, whereas the 3.0 turbo had only just been launched and as great as Porsche are at engineering, there was possibly a small risk of teething problems with the newer engine.

Although the 3.0 engine in the .2 car had a slight edge in overall performance stats and power could be accessed lower down the rev range, I preferred revving out the 3.8 and the phenomenal sound it makes when you do.

Given that the 991.1 marked the last of the NA engined cars, I considered that a low mileage example would likely be more of interest to buyers in the next 5 years, than an early 991.2 with the turbo motor, especially as the 992 with all its upgrades was just around the corner and anyone sold on the idea of the 3.0 turbo might just gravitate to one of those over the 991.2 (no disrespect to .2 owners - just not my choice at the time).

Finally, I was looking for a specific spec of car (with 14/18 way seats) and although still rare, there were a few more of those available in the .1.

When all's said and done, whichever 911 makes you most happy is the one to buy - if you enjoy the time you spend in the car, that counts for more than a few ££s in residuals.

HTH Smile
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I'm not a perfectionist - I just want everything done 'Right' Wink

Current: GT Silver 991.1 C4S with a few 'special bits'. Previous: C63 Estate, BMW e92 330d Coupe (700Nm/Custom Exh/Map/BBK/Quaife/Breytons), ML63AMG, Alpina e46 B3S Coupe, Alpina e36 B3 Coupe, Lotus Excel SE, Alfasud Green Cloverleaf Ti, Lancia HPE, Capri 2.0S, Marina 1.8 (don't laugh it was my first road car) plus boring company cars. Bikes: Suzuki TL1000R and BMW R1100S AC Schnitzer.

Last edited by 911Time on Thu Apr 04, 2019 12:34 pm; edited 1 time in total
 
  
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Robertb
Dijon


Joined: 01 Sep 2003
Posts: 7120
Location: South Oxfordshire

2002 Porsche 996 Carrera 4S

PostPosted: Thu Apr 04, 2019 12:34 pm    Post subject: Reply with quote

ragpicker wrote:
I was in my local OPC yesterday, they had a 991 GTS inside, brand new with the finance example on the window. The monthly payment was listed as £340. Intrigued I had a closer look as it sounded too good to be true..

The deal was £59k deposit, 36 payments of £340 and then a balloon of £61k, max 8k miles pa.

I nearly laughed stupidly. Someone must buy these cars like this. How much will a 991 GTS be worth to the OPC in 3 years (not private sale value)? £70-80k?

So you put £60k down, spend £12-13k in payments over the term (call it £75k for ease of reckoning) and for your £75k investment they will take your car off you and give you £10k back (70 (value of car) - 60 (balloon)).

Am I missing something because this seems like abysmal value for money..

Dont know


We need to know the sticker price of the car inc options to know how abysmal it is.

It is a fact that the APR on OPC finance is high and one could do a lot better with external finance.

Otherwise, the only difference between buying the car this way and buying it outright is the finance cost (less the opportunity cost of not keeping your money invested if you bought it outright).

The OPC is guaranteeing you £61k at the end of 3 yrs, with 24k miles on the clock. Given that the 992.2 may be out by then and depending on what sort of economy we are facing, it may seem like a reasonable offer!
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kiteral
Newbie


Joined: 04 May 2012
Posts: 15



PostPosted: Thu Apr 04, 2019 3:57 pm    Post subject: Re: 991.1 Reply with quote

coopertrooper2001 wrote:
Just bought a 991.1 C2S with 29k and 1 owner, from OPC with 2 years warranty for £58k.

Sport Chrono
PSE
Sport design kit
High spec.

There are quite a few about.


Nice, which one was that ? Been watching the prices too and there seems to be a few more early 991.1’s coming up for sale now.
 
  
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AA3751
Newbie


Joined: 17 Jul 2016
Posts: 22



PostPosted: Fri Apr 26, 2019 8:36 pm    Post subject: Reply with quote

So here’s a conundrum....

What would you take for both resale value and pleasure of owning

1. 991.1 C2S high spec car with PSE Chrono Sunroof etc

2. 991.2 C2 non S moderate spec car but still with PSE and Chrono

Both at the same price and very similar miles.....

Thoughts welcome puh
 
  
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911Time
Monza


Joined: 25 Sep 2018
Posts: 160
Location: Staffordshire


PostPosted: Fri Apr 26, 2019 8:48 pm    Post subject: Reply with quote

AA3751 wrote:
So here’s a conundrum....

What would you take for both resale value and pleasure of owning

1. 991.1 C2S high spec car with PSE Chrono Sunroof etc

2. 991.2 C2 non S moderate spec car but still with PSE and Chrono

Both at the same price and very similar miles.....

Thoughts welcome puh


991.1 for the NA engine, PSE and red calipers 👍
_________________
Mark


I'm not a perfectionist - I just want everything done 'Right' Wink

Current: GT Silver 991.1 C4S with a few 'special bits'. Previous: C63 Estate, BMW e92 330d Coupe (700Nm/Custom Exh/Map/BBK/Quaife/Breytons), ML63AMG, Alpina e46 B3S Coupe, Alpina e36 B3 Coupe, Lotus Excel SE, Alfasud Green Cloverleaf Ti, Lancia HPE, Capri 2.0S, Marina 1.8 (don't laugh it was my first road car) plus boring company cars. Bikes: Suzuki TL1000R and BMW R1100S AC Schnitzer.
 
  
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spongebob squarepants
Zolder


Joined: 20 Dec 2009
Posts: 5471
Location: Manchester and Iraq


PostPosted: Sat Apr 27, 2019 5:03 am    Post subject: Reply with quote

The 991.1 S is the most underated 911 ever, presuming it has the PSE, proper epic, no offence to .2 owners, but its a one horse-race.....
_________________
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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Mad Mark911
Silverstone


Joined: 16 Dec 2011
Posts: 126
Location: Maidenhead


PostPosted: Sat Apr 27, 2019 5:46 am    Post subject: Reply with quote

You buy a 991.1 (particularly in S form) for the amazing, howling & wailing naturally aspirated engine. You buy the 2nd gen because it's newer and has more low down torque. The end. Smile
 
  
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Mad Mark911
Silverstone


Joined: 16 Dec 2011
Posts: 126
Location: Maidenhead


PostPosted: Sat Apr 27, 2019 6:01 am    Post subject: Reply with quote

ragpicker wrote:
I was in my local OPC yesterday, they had a 991 GTS inside, brand new with the finance example on the window. The monthly payment was listed as £340. Intrigued I had a closer look as it sounded too good to be true..

The deal was £59k deposit, 36 payments of £340 and then a balloon of £61k, max 8k miles pa.

I nearly laughed stupidly. Someone must buy these cars like this. How much will a 991 GTS be worth to the OPC in 3 years (not private sale value)? £70-80k?

So you put £60k down, spend £12-13k in payments over the term (call it £75k for ease of reckoning) and for your £75k investment they will take your car off you and give you £10k back (70 (value of car) - 60 (balloon)).

Am I missing something because this seems like abysmal value for money..

Dont know


This is never going to be about long term ownership for the person that takes this up - because it makes little financial sense to do so. This is specifically targeted at the individual who has had an amazing one off bonus or retired and wants to say "yeah I've had a Porsche - been there - done that". Then go back to something more mundane.

Each to their own - but I'm amazed at how many are bought on what seem like ludicrous finance deals with nuts APR's!
 
  
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