911 997Gen1 Prices bottoming out "FACT"now a bargain

[harleywilma]

DELETED: Comment made by a member who's account has been deleted.

Maybe year and aero Kit, as auctioned car is 2005 Dunno,or the seller is just being very reasonable as he wants it sold asap.The model you have highlighted looks an extremely good buy and will probably not hang around but it is first year 997.

[harleywilma]

orsche 911 [997] CARRERA COUPE 2d 21h 18 Bids £26,540 S 2dr Tiptronic S RESERVE MET DOR: 05/Oct/2005, FJ55GTZ Distance: 208 miles
Arctic Silver
Petrol
Automatic
48,856 miles
3800 cc
Absolutely stunning!
Porsche & Specialist Service History
Porsche Aero Cup Body Styling
Nav/Phone/Rear Wiper/BOSE/Sunroof
ZERO PREP - READY TO RETAIL

Edited by harleywilma on Saturday 3rd October 13:57

Edited by harleywilma on Saturday 3rd October 13:58

[harleywilma]

[harleywilma]

[YoungMD]

So my thoughts on Gen 1 997 after two years of looking and buying one early this year. Yes i think now is the time to buy, generally they are getting to be 10 years old so falling out of porsche warranty so the market has a fair few available.

Last year a decent 60-70k miles S was £25k this year you can pick them up for £20k and lower than 50k miles probably £25k.

Now on to the issues, everybody goes on about the engine, specially on this forum due to a couple of people having had issues, but i think there is something in it and it is worth taking care but its not all the story. I have changed the oil for Millers and i will do the temp sensor and third radiator later this year. In my view there is definitely something in what Hartect say about overheating when driven hard then in traffic, especially as the oil pressure drops for economy.

There are other things to bear in mind which i did focus more on, 10 years old and although some things are very solid, some things are definitely not so much, exhaust bolts and nuts just rust away, the odd shock or two can go and generally there will be a few issues. On mine i have done them myself and found the car pretty okay to work on, but if you were paying for somebody to do it i guess it would mount up a bit.

BUT BUT i have to say for £20k a 2Cs is a bargain and they are very lovely cars, i have had 3.2 carrera's, and driven 964's and 993 for a while and i personally would choose the 997, its just a great balance between old and new. My friend bought a 997.2 for £35k scared due to the gen 1 engine issues, £10k after with suspension, exhaust etc etc on top of the £35k thats a v v expensive car, compared to a gen 1 starting at £20k its a far saving .............................

[harleywilma]

YoungMD said:

So my thoughts on Gen 1 997 after two years of looking and buying one early this year. Yes i think now is the time to buy, generally they are getting to be 10 years old so falling out of porsche warranty so the market has a fair few available.

Last year a decent 60-70k miles S was £25k this year you can pick them up for £20k and lower than 50k miles probably £25k.

Now on to the issues, everybody goes on about the engine, specially on this forum due to a couple of people having had issues, but i think there is something in it and it is worth taking care but its not all the story. I have changed the oil for Millers and i will do the temp sensor and third radiator later this year. In my view there is definitely something in what Hartect say about overheating when driven hard then in traffic, especially as the oil pressure drops for economy.

There are other things to bear in mind which i did focus more on, 10 years old and although some things are very solid, some things are definitely not so much, exhaust bolts and nuts just rust away, the odd shock or two can go and generally there will be a few issues. On mine i have done them myself and found the car pretty okay to work on, but if you were paying for somebody to do it i guess it would mount up a bit.

BUT BUT i have to say for £20k a 2Cs is a bargain and they are very lovely cars, i have had 3.2 carrera's, and driven 964's and 993 for a while and i personally would choose the 997, its just a great balance between old and new. My friend bought a 997.2 for £35k scared due to the gen 1 engine issues, £10k after with suspension, exhaust etc etc on top of the £35k thats a v v expensive car, compared to a gen 1 starting at £20k its a far saving .............................

Very constructive view and more useful than some of the threads that I think are generally just written on the back of other comments made by the doomsters, and surely a hope for new buyers into this model.

[harleywilma]

che 911 [997] CARRERA COUPE Finished 24 Bids £27,390 S 2dr Tiptronic S RESERVE MET DOR: 05/Oct/2005, FJ55GTZ Distance: 208 miles
Arctic Silver
Petrol
Automatic
48,856 miles
3800 cc
Absolutely stunning!
Porsche & Specialist Service History
Porsche Aero Cup Body Styling
Nav/Phone/Rear Wiper/BOSE/Sunroof
ZERO PREP - READY TO RETAIL

So there you have it ,Sold and gone

[Chris_]

harleywilma said:

YoungMD said:

So my thoughts on Gen 1 997 after two years of looking and buying one early this year. Yes i think now is the time to buy, generally they are getting to be 10 years old so falling out of porsche warranty so the market has a fair few available.

Last year a decent 60-70k miles S was £25k this year you can pick them up for £20k and lower than 50k miles probably £25k.

Now on to the issues, everybody goes on about the engine, specially on this forum due to a couple of people having had issues, but i think there is something in it and it is worth taking care but its not all the story. I have changed the oil for Millers and i will do the temp sensor and third radiator later this year. In my view there is definitely something in what Hartect say about overheating when driven hard then in traffic, especially as the oil pressure drops for economy.

There are other things to bear in mind which i did focus more on, 10 years old and although some things are very solid, some things are definitely not so much, exhaust bolts and nuts just rust away, the odd shock or two can go and generally there will be a few issues. On mine i have done them myself and found the car pretty okay to work on, but if you were paying for somebody to do it i guess it would mount up a bit.

BUT BUT i have to say for £20k a 2Cs is a bargain and they are very lovely cars, i have had 3.2 carrera's, and driven 964's and 993 for a while and i personally would choose the 997, its just a great balance between old and new. My friend bought a 997.2 for £35k scared due to the gen 1 engine issues, £10k after with suspension, exhaust etc etc on top of the £35k thats a v v expensive car, compared to a gen 1 starting at £20k its a far saving .............................

Very constructive view and more useful than some of the threads that I think are generally just written on the back of other comments made by the doomsters, and surely a hope for new buyers into this model.

Well, I'm not a doomster, but I can say first hand that these definitely do have the ability to put a serious dent in your wallet.

I have just p/exed my 2006 997S after five years of ownership. The car came from an OPC with 2 years warranty and I took it from 13,500 miles to 35,500. I've just been adding up the bills paid by myself and the OPC warranty, which I thankfully had the whole time. It might provide an insight.....

The expenditure for 22,000 miles of 997 Gen 1 ownership........£30,350 This does not include buying the car, depreciation, finance costs, insurance, fuel, or Road tax costs, just maintenance/mechanical.

My costs were £11,616 inc. 3x 1 year warranty renewal, PSE fitted , major service, minor service, extra oil change between, 2x rear tyres, battery, manifold studs/nuts, coolant hoses, + various other bits

Warranty costs £18,734 inc. full engine rebuild (bores scored), alternator, main power cable, pedal box, roof problems, PSE problems, faulty clutch, switches, sensors, broken coil spring, gear linkage, wiper box, RMS, other various other bits and bobs).

Yes, these are OPC prices and the PSE and warranty were my choice, but all the issues that I had, are known (and very real) Gen 1 faults.

[13m]

Chris_ said:

Well, I'm not a doomster, but I can say first hand that these definitely do have the ability to put a serious dent in your wallet.

I have just p/exed my 2006 997S after five years of ownership. The car came from an OPC with 2 years warranty and I took it from 13,500 miles to 35,500. I've just been adding up the bills paid by myself and the OPC warranty, which I thankfully had the whole time. It might provide an insight.....

The expenditure for 22,000 miles of 997 Gen 1 ownership........£30,350 This does not include buying the car, depreciation, finance costs, insurance, fuel, or Road tax costs, just maintenance/mechanical.

My costs were £11,616 inc. 3x 1 year warranty renewal, PSE fitted , major service, minor service, extra oil change between, 2x rear tyres, battery, manifold studs/nuts, coolant hoses, + various other bits

Warranty costs £18,734 inc. full engine rebuild (bores scored), alternator, main power cable, pedal box, roof problems, PSE problems, faulty clutch, switches, sensors, broken coil spring, gear linkage, wiper box, RMS, other various other bits and bobs).

Yes, these are OPC prices and the PSE and warranty were my choice, but all the issues that I had, are known (and very real) Gen 1 faults.

I had a 2006 Gen 1. Outside of routine maintenance and warranty, in 2 years of ownership, I think I paid £160. That was my contribution when Porsche and I went "Dutch" on the cost of rectifying a battery drain, which turned out to be an old tracker I didn't know about. Really the bill was all mine, but Porsche UK agreed to help out.

I loved that car. It's not as good as my Gen 2, but better than the 991.

[VonSenger]

Just thought I'd leave this here.....and before you start the usual crap about porsche hating, I've had 8, 5 911's (turbo, C4S etc 2 boxsters and a cayenne). 1 search, 1 site, first page:

http://www.autotrader.co.uk/classified/advert/2015...


http://www.autotrader.co.uk/classified/advert/2015...

http://www.autotrader.co.uk/classified/advert/2015...

http://www.autotrader.co.uk/classified/advert/2015...

http://www.autotrader.co.uk/classified/advert/2015...


http://www.autotrader.co.uk/classified/advert/2015...

Go in with eyes wide open and don't believe the reliability schpiel.

[ras62]

[VonSenger]

Every car has its problems, but what frustrates me about the bearded nay sayers is the denial. Do your home work, this is a substantial, worldwide problem. Fact. Happy to post more examples.

[itsybitsy]

VonSenger said:

Just thought I'd leave this here.....and before you start the usual crap about porsche hating, I've had 8, 5 911's (turbo, C4S etc 2 boxsters and a cayenne). 1 search, 1 site, first page:

http://www.autotrader.co.uk/classified/advert/2015...


http://www.autotrader.co.uk/classified/advert/2015...

http://www.autotrader.co.uk/classified/advert/2015...

http://www.autotrader.co.uk/classified/advert/2015...

http://www.autotrader.co.uk/classified/advert/2015...


http://www.autotrader.co.uk/classified/advert/2015...

Go in with eyes wide open and don't believe the reliability schpiel.

Hope this gets some heads out of the sand!

[VonSenger]

Unlikely. Porsche ownership has become like a cult, a bit like Apple.

For the record, I'd have a 997 in a heartbeat, but not before a borescope and full inspection, closely followed by a porsche warranty. Dependant on no over revs of course as we know that's now their excuse for not paying out.

[itsybitsy]

I personally think the 997.1s is one of the best looking porsches and lusted after one when TG took one to the IOM but would always recommend/buy a gen2 unless the 997.1 was ridiculously cheap !
As I said before bore scoring you can keep an eye on but the IMS gives no warning and is catastrophic when it fails!first hand experience on a well cared for car with only 13k miles on it!

Edited by itsybitsy on Tuesday 6th October 20:57

[joscal]

It's hard to accept or believe until it happens to you. I didn't think it would happen to me but it did, piss poor from Porsche.

I don't think it's any coincidence that these faults occurred when Porsche turned into an investment company and were over borrowed to the hilt..

I've had four Porsche and would not buy one without an Opc warranty.

[VonSenger]

itsybitsy said:

I personally think the 997.1s is one of the best looking porsches and lusted after one when TG took one to the IOM but would always recommend/buy a gen2 unless the 997.1 was ridiculously cheap !
As I said before bore scoring you can keep an eye on but the IMS gives no warning and is catastrophic when it fails!

You can preempt it by having a ceramic bearing set fitted. But that is far from cheap. Still cheaper than a new engine when/if it goes pop but not an expense one needs with a recent purchase. The bearing breaks up as far as im aware. Drebis then spreads (I think). Not every car but nonetheless

[VonSenger]

DELETED: Comment made by a member who's account has been deleted.

How good was the budgie at wheelies? ?? Lol, I had one of those as a kid.

[VonSenger]

DELETED: Comment made by a member who's account has been deleted.

Brilliant! I had an orange one. You could just lean back a little and increase pedal force, then pop, up she came. Im going to buy one for my daughter, I bet they aren't cheap now.

[harleywilma]

VonSenger said:

Brilliant! I had an orange one. You could just lean back a little and increase pedal force, then pop, up she came. Im going to buy one for my daughter, I bet they aren't cheap now.

"Yep" certainly in the land of randominium!!!