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997 TT 2007 as a daily driver...?

steve_m1978

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Joined
30 Mar 2023
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5
Hi. Well this is my first post.

I've been looking for the right model for some time and my budget has been blown all over the place with the different options. I think I probably have about 40k all done.

My key take requirements are that I want the car to be a daily driver for my wife. She does around 5k a year and drives all year round. All trips are short but I will use it at weekends to 'stretch its legs". Also I want the car to increase in value. So must be a future classic.

Budget 40k

Option 1
Buy the cheapest 996 I can get.. around 10k. Get Hartech to rebuild engine, get suspension brakes interior all sorted maybe even get capacity bored out. Aero kit.. you get the idea.

Option 2
Wait for a 991, probably high miles and low spec but when I get a bite grab it!

Option 3
997 TT 2007 with 69k miles on clock. This will be needing plugs changing I'm guessing and probably another load of age and mileage related work, I believe that in 10 years this car 'could' be worth double (80k)


Any thoughts on my logic or am I crazy? If you had 40k which car would you get?

The used car market is crazy at the moment but im thinking that Porsche is really exempt from this and when the parts shortages are resolved and new cars return to normal capacity will the price of a used 911 plummet?
 
Welcome!
997 Turbo is a daily if you want to use it that way.
You could go for a 997 Gen 2 car with a bit of high miles ( there are a couple on the classifieds on the forum) or a 981 Cayman ( if you are not fussed it's not a 911, they are brilliant cars).
Get it inspected by a specialist before buying it as it could be a money pit if not careful.
All the best :thumb:
 
Nice dilemma!

You need to try driving your options.

I've had a 996 and a 997 turbo plus a Cayman (albeit newer).

Of your choices my favourite would be no. 3. They're brilliant cars. As Slayer says get it checked.

Slayer's option 4 is good too. Cayman = stunning drive & different to a 911.

But for a daily, comfort & ballistic rocket ship my ££s would go on the 997. (I've never driven a 991)
 
I'd want a full bumper to bumper inspection on any turbo. 996 turbo worth a look too. Daily driven my 997 turbo for 16 years. Blown up an engine. Today that would be a £25 to £50k bill depending on extent of damage :eek:
 
IMI A said:
I'd want a full bumper to bumper inspection on any turbo. 996 turbo worth a look too. Daily driven my 997 turbo for 16 years. Blown up an engine. Today that would be a £25 to £50k bill depending on extent of damage :eek:

Exactly this. Turbo's are great cars, but potentially very expensive - even more so if you're not handy with a spanner.
 
steve_m1978 said:
Budget 40k ............


Option 3
997 TT 2007 with 69k miles on clock. This will be needing plugs changing I'm guessing and probably another load of age and mileage related work, I believe that in 10 years this car 'could' be worth double (80k)


Any thoughts on my logic or am I crazy? If you had 40k which car would you get?

The used car market is crazy at the moment but im thinking that Porsche is really exempt from this and when the parts shortages are resolved and new cars return to normal capacity will the price of a used 911 plummet?

I'm biased but I'd take this option all day long.

My 90k mile 997T would probably cost £40k to buy and it's what I would choose if I was starting over again.

It would fit your user needs perfectly but sadly I fear your belief about future values is well over-stated. I'll be happy if my car is worth the same in 10 years time as it is worth now.

I can't see prices of any 911 model ever dropping significantly as new cars have risen in price so much recently and dragged values of older cars up accordingly.
 
Brilliant. Thank you for the responses.

I need 4 seats that's the only reason the 911 is the only option otherwise I would look at a cayman.

Do you think it's unrealistic that the prices will go up? Look at a 30-40 year old 911 turbo now...

The new engine is what's really bothering me. If I spent 40k on a car and got 20k miles and needed a new engine I would be devastated.

Do you get the car taken to Porsche for the inspections or what? I see a lot of talk of PPI but how would that typically work?
 
You'd first check Rev Ranges. Over revs 1 to 4 are fine IMO.

Any more than 3 over revs in RR 5 and or RR 6 I'd walk away from a 997.1 turbo.

Also as part of any PPI get a leak down test on the engine. Failures are very rare on this model but can happen. Mine had a RR 5 before its first engine failed probably because of another driver but OPC still gave me OPC extended warranty in those days circa 2012 they'd refuse today on same basis they don't even allow RR4 any more. Got a brand new engine under warranty.

If you buy a tiptronic engine likely to be in better health as no numpty driver. I'd want a PPI from someone like 9e, 911 Virgin, JZM, Jaz, Fearnsport, Parr, Paragon these types of indies who are better with older models.
 
steve_m1978 said:
Brilliant. Thank you for the responses.

I need 4 seats that's the only reason the 911 is the only option otherwise I would look at a cayman.

Do you think it's unrealistic that the prices will go up? Look at a 30-40 year old 911 turbo now...

The new engine is what's really bothering me. If I spent 40k on a car and got 20k miles and needed a new engine I would be devastated.

Do you get the car taken to Porsche for the inspections or what? I see a lot of talk of PPI but how would that typically work?

I think prices will go up, the questions is only by how much - and when. It's very difficult to predict what's going to happen in the future with car values...a lot will depend on if we can even run our ICE cars in 20 - 30 years...:sad:

For the inspection, as IMI A suggested, you could get a good indy to do a thorough inspection or there also people who specialise in Porsche inspections : Porsche Inspections
 
steve_m1978 said:
...... Do you think it's unrealistic that the prices will go up? Look at a 30-40 year old 911 turbo now .....

There's no doubting that low mileage 997 Turbos will appreciate quite nicely but the increase won't be as significant for cars that have been driven more.

You can't compare it with what's happened to values of 993 and earlier Turbos as it's all about rarity. Porsche produced three times as many 997 Turbos than 993 Turbos and the older cars didn't tend to be driven as much.

The main thing to consider is that buying a car now will get you into a newer, more user friendly car, for less money than in time to come.
 
IMI A said:
Good review 8)



Everything the OP (Steve) asked is answered from 16.55 in this video.

I particularly like the fact that at 16.55 he starts with "this is one of the greatest modern sports cars in the world". :wink:

Early on he sums up why I love mine so much by saying "It's basic, simple, practical and fast".
 
Great video. Ok I think my mind is settled now. 997 turbo is the way. With a good PPI!!

Thanks to all.
 
This is not going to be what you want to hear but you mention that you need 4 seats. If thats a regular requirement then you will get tired using the 911 as a daily.

Very hard to have a daily that appreciates in value although not saying that it can`t be done.

If capital apprecaition is a must then personally I`d buy something cheaper and invest the cash. We have a full fat RR, 993 and a golf GTI. I no longer have to commute to London everyday and when home my wife and I both find ourselves going to the Golf for daily use, its fund to drive, fits in all carparks and practical with 4 doors. Spend £20-£25k on a nice mk7.5 golf and invest the rest.

I love the RR for motorway driving and the boot is great but its just a pain to park anywhere. We are seriously considering swapping that for 5 year old Mecan around the £40k mark.
 
steve_m1978 said:
Great video. Ok I think my mind is settled now. 997 turbo is the way. With a good PPI!!

Good decision. Now your only problem is to find one for £40k. :wink:
 

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