991 is uk's best motoring investment
991 is uk's best motoring investment
Author
Discussion

LaurasOtherHalf

Original Poster:

21,429 posts

222 months

Thursday 23rd August 2012
quotequote all
According to CAP anyway.

Retaining 53.3% of its value after 3 years.

chris7676

2,685 posts

246 months

Thursday 23rd August 2012
quotequote all
I would not call that investment in any case.

BubblesNW

1,711 posts

209 months

Thursday 23rd August 2012
quotequote all
Probably retains 55.3% of base price without extras. Add in £20k of extras for which you get bugger all back and it then retains nearer 45%.

JEA1K

2,710 posts

249 months

Thursday 23rd August 2012
quotequote all
Could only be described as an investment by using 'man maths'. hehe

JDH1

1,017 posts

265 months

Thursday 23rd August 2012
quotequote all
Given that none of them are one year old yet, let alone three, that's a very precise prediction.

LaurasOtherHalf

Original Poster:

21,429 posts

222 months

Thursday 23rd August 2012
quotequote all
JEA1K said:
Could only be described as an investment by using 'man maths'. hehe
worst performer is a volvo S80 (19% value retained after 3 years). so you take your dorris to look at that, get her on side with a nice family car.

then BAM! show her this report & how you can't afford not to buy the porsche

scratchchin

Actus Reus

4,310 posts

181 months

Thursday 23rd August 2012
quotequote all
LaurasOtherHalf said:
worst performer is a volvo S80 (19% value retained after 3 years). so you take your dorris to look at that, get her on side with a nice family car.

then BAM! show her this report & how you can't afford not to buy the porsche

scratchchin
Anybody know a Volvo dealer near OPC Cambridge?

Cheib

25,237 posts

201 months

Thursday 23rd August 2012
quotequote all
Do 997's retain 50% of their value after three years ?

cayman-black

13,255 posts

242 months

Thursday 23rd August 2012
quotequote all
roflrofl

Carl_Docklands

15,831 posts

288 months

Thursday 23rd August 2012
quotequote all

Only a £55k loss over 3 years - put me down for 2 !

Nano2nd

3,426 posts

282 months

Thursday 23rd August 2012
quotequote all
Cheib said:
Do 997's retain 50% of their value after three years ?
the used too, before he economy when tits up

itsybitsy

5,867 posts

211 months

Thursday 23rd August 2012
quotequote all
Cheib said:
Do 997's retain 50% of their value after three years ?
the answer is yes a new 997s 2009 circa £75k.
try and find one today under £40k!

Lordglenmorangie

3,071 posts

231 months

Thursday 23rd August 2012
quotequote all
Investment laughlaughlaugh

DSM2

3,624 posts

226 months

Thursday 23rd August 2012
quotequote all
Would you rather lose 75% of a £30k car than 30% of a £75k car?

Fact is no modern 911 is an investment. Whether they're worth the cost depends on how much money you have.

BertBert

21,056 posts

237 months

Thursday 23rd August 2012
quotequote all
I think that buying 911s and then selling them for more than you paid is actually an "investment".

perhaps the 991 is the least badly depreciating new car. An investment? Not.

Bert

itsybitsy

5,867 posts

211 months

Thursday 23rd August 2012
quotequote all
another pointless debate!porsches are bought to enjoy if you can afford to spend £100k on a car then why not who cares how much it will lose it will still be a lot less than some other sports cars.
you could lose a lot more than £4k a year by smoking 40 a day

DSM2

3,624 posts

226 months

Thursday 23rd August 2012
quotequote all
itsybitsy said:
another pointless debate!porsches are bought to enjoy if you can afford to spend £100k on a car then why not who cares how much it will lose it will still be a lot less than some other sports cars.
you could lose a lot more than £4k a year by smoking 40 a day
If a new 911 only lost £4k a year I'd have a few more than one.........

Slarti

1,828 posts

180 months

Friday 24th August 2012
quotequote all
LaurasOtherHalf said:
worst performer is a volvo S80 (19% value retained after 3 years). so you take your dorris to look at that, get her on side with a nice family car.

then BAM! show her this report & how you can't afford not to buy the porsche

scratchchin
Haha. I genuinely spend weeks or months coming very close to spending 130+ grand on a supercar. I get the wife (very reluctantly) semi-bought-in, we talk about how we can afford it, the compromises it'll entail, but that it's my dream and you only live once etc etc. To the wife's massive relief I end up buying something for 'only' 70k because I end up 'seeing sense' and being the 'mature' 38yr old that I am. If I didn't do this, I'd be stuck driving 25k cars the whole time!

stuckmojo

4,009 posts

214 months

Friday 24th August 2012
quotequote all
Calling that an investment is not appropriate, in my view. Call it an emotional purchase, and the fact someone is willing to burn 30k cash like that is more akin to speculating on Facebook or Manchester United than "investing".

Not saying that buying a 991 is wrong, mind. If I had the financial "gravitas" I'd do it.

stubbsy996

785 posts

239 months

Friday 24th August 2012
quotequote all
Slarti said:
Haha. I genuinely spend weeks or months coming very close to spending 130+ grand on a supercar. I get the wife (very reluctantly) semi-bought-in, we talk about how we can afford it, the compromises it'll entail, but that it's my dream and you only live once etc etc. To the wife's massive relief I end up buying something for 'only' 70k because I end up 'seeing sense' and being the 'mature' 38yr old that I am. If I didn't do this, I'd be stuck driving 25k cars the whole time!

Great strategy!thumbup