OMG! What's happened to used 997 prices? Be very afraid...

OMG! What's happened to used 997 prices? Be very afraid...

Author
Discussion

betternotbigger

1,059 posts

175 months

Thursday 26th January 2012
quotequote all
I've been in relatively pricey cars since my first business took off nearly 20 years ago. Since then I reckon it's cost me an inflation-adjusted £10,000 per year (just a wild guess I haven't actually bothered to do this on a spreadsheet, you understand). That's nearly £200,000. And, you know what? I couldn't give a damn. I'm not a banker with a stratospheric bonus or a lawyer with huge partnership earnings, but I work hard and I work smart and I reckon I deserve a reward for all the effort and the risks I take. Every time I get in the car it makes me smile and so many people love the look of my red GTS that the pleasure is doubled.

Don't get me wrong, I'm more proud of my kids and their wonderful mother (she ain't a Californian babe but she's my lass), more attached to my garden (very rock and roll) and my snowboard, but the new car matters to me. Depreciation is a part of life and a price well worth paying for the best daily reminder any material possession can give you that you're a professional success.

It's also rather good to drive wink

daveyb662

1,709 posts

165 months

Thursday 26th January 2012
quotequote all
betternotbigger said:
I've been in relatively pricey cars since my first business took off nearly 20 years ago. Since then I reckon it's cost me an inflation-adjusted £10,000 per year (just a wild guess I haven't actually bothered to do this on a spreadsheet, you understand). That's nearly £200,000. And, you know what? I couldn't give a damn. I'm not a banker with a stratospheric bonus or a lawyer with huge partnership earnings, but I work hard and I work smart and I reckon I deserve a reward for all the effort and the risks I take. Every time I get in the car it makes me smile and so many people love the look of my red GTS that the pleasure is doubled.

Don't get me wrong, I'm more proud of my kids and their wonderful mother (she ain't a Californian babe but she's my lass), more attached to my garden (very rock and roll) and my snowboard, but the new car matters to me. Depreciation is a part of life and a price well worth paying for the best daily reminder any material possession can give you that you're a professional success.

It's also rather good to drive wink
well said...st happens, enjoy these things while you can...

sday12

5,053 posts

211 months

Thursday 26th January 2012
quotequote all
Bought my C2S for last year and it's gone up in value by £3-4K
did I mention it was a 993
getmecoat

tuffer

8,849 posts

267 months

Thursday 26th January 2012
quotequote all
^^^^^ woohoo

MadMark911

1,754 posts

149 months

Thursday 26th January 2012
quotequote all
sday12 said:
Bought my C2S for last year and it's gone up in value by £3-4K
did I mention it was a 993
getmecoat
If we were to "dunk" you - would you float or sink? whistle

MadMark911

1,754 posts

149 months

Thursday 26th January 2012
quotequote all
daveyb662 said:
betternotbigger said:
I've been in relatively pricey cars since my first business took off nearly 20 years ago. Since then I reckon it's cost me an inflation-adjusted £10,000 per year (just a wild guess I haven't actually bothered to do this on a spreadsheet, you understand). That's nearly £200,000. And, you know what? I couldn't give a damn. I'm not a banker with a stratospheric bonus or a lawyer with huge partnership earnings, but I work hard and I work smart and I reckon I deserve a reward for all the effort and the risks I take. Every time I get in the car it makes me smile and so many people love the look of my red GTS that the pleasure is doubled.

Don't get me wrong, I'm more proud of my kids and their wonderful mother (she ain't a Californian babe but she's my lass), more attached to my garden (very rock and roll) and my snowboard, but the new car matters to me. Depreciation is a part of life and a price well worth paying for the best daily reminder any material possession can give you that you're a professional success.

It's also rather good to drive wink
+1 smile

well said...st happens, enjoy these things while you can...

nerfherder

250 posts

203 months

Thursday 26th January 2012
quotequote all
paul0843 said:
I think what I am trying to say is that there is always a price to pay for our enjoyment ..
What that price is depends on the depth of our pockets and the desire of ownership..
That's a good way of putting it.

I'm glad to hear that the people who can afford it are buying new cars and enjoying them. It keeps a bunch of people in jobs, and ensures a supply of second hand cars for those of use that don't want to/can't afford to buy new. Keep enjoying the fruits of your labour smile

sday12

5,053 posts

211 months

Thursday 26th January 2012
quotequote all
MadMark911 said:
sday12 said:
Bought my C2S for last year and it's gone up in value by £3-4K
did I mention it was a 993
getmecoat
If we were to "dunk" you - would you float or sink? whistle
Burn the witch!

oyster

12,589 posts

248 months

Thursday 26th January 2012
quotequote all
betternotbigger said:
I've been in relatively pricey cars since my first business took off nearly 20 years ago. Since then I reckon it's cost me an inflation-adjusted £10,000 per year (just a wild guess I haven't actually bothered to do this on a spreadsheet, you understand). That's nearly £200,000. And, you know what? I couldn't give a damn. I'm not a banker with a stratospheric bonus or a lawyer with huge partnership earnings, but I work hard and I work smart and I reckon I deserve a reward for all the effort and the risks I take. Every time I get in the car it makes me smile and so many people love the look of my red GTS that the pleasure is doubled.

Don't get me wrong, I'm more proud of my kids and their wonderful mother (she ain't a Californian babe but she's my lass), more attached to my garden (very rock and roll) and my snowboard, but the new car matters to me. Depreciation is a part of life and a price well worth paying for the best daily reminder any material possession can give you that you're a professional success.

It's also rather good to drive wink
That's a good way of looking at it. I presume you can easily afford that £10k a year? It's no different than someone who spends £10k a year on holidays, or concert tickets or whatever.

///Mike

862 posts

207 months

Monday 4th May 2015
quotequote all
Well they have certainly firmed up now. 2010 gen II S models with low miles are still 50k.
Gen I cars seem to be at the same price as when I was looking 2.5 years ago. The question is, will they go up? I was hoping to get into a GTS for 50k but it's looking highly unlikely now.

pete a

3,799 posts

184 months

Monday 4th May 2015
quotequote all
Agreed, an early gen2 997 can be had for around £40kish.

The GTS is holding very well though.

Technomad

753 posts

163 months

Monday 4th May 2015
quotequote all
pete a said:
Agreed, an early gen2 997 can be had for around £40kish.

The GTS is holding very well though.
I paid low 40s for my early gen 2 C2S 2.5 years ago (OPC). They seem to be going for slightly more than that now. Also getting begging letters from OPC asking for stock. Even allowing for margin on trade-in, it looks like my 997 might be the lowest TCO car I've owned.

Martian O

2,734 posts

162 months

Monday 4th May 2015
quotequote all
The original post was from 2011! biggrin

///Mike

862 posts

207 months

Monday 4th May 2015
quotequote all
CMoose that white car has been for sale for months, the prices have really firmed up in recent weeks on all the others, they just haven't upped the asking price on that add and that's fair as its poverty spec.

I was hours late for a silver c2s with all the nice bits from uber gt. That was about 6 weeks ago. The only thing it didn't have that I would want was heated seats and it put me off but I am kicking myself now. Similar age and mileage cars to that ARE being advertised for 50k or very close to now just a few weeks later.

The White With no options is one I've looked at it a few times thinking I could add to it but tbh I might as well just pay 50k for one with all the bits when they come up. I have looked everyday for a c2 or 4 S, must be manual, Bose, PSE and ideally sports chrono with heated seats, lsd would be great. Only 1 car has come up with that spec combo in the last 7 weeks and the mileage was too high. I want 30k tops ideally.

Here is the closest current advert that I can find that comes close but with no sports chrono

http://www.pistonheads.com/classifieds/used-cars/p...


Edited by ///Mike on Monday 4th May 20:49

Fastfishracing

30 posts

206 months

Monday 4th May 2015
quotequote all
Interesting to see how the prices have or in this case, haven't changed much!

hondansx

4,569 posts

225 months

Monday 4th May 2015
quotequote all
anonymous said:
[redacted]
They drive a teeny bit nicer on the 18s. However, i need to look back at a car when i leave it in a carpark and the 18s just don't cut it. If you want absolute steering feel, you don't buy a modern car anyway.

You can get a decent Carrera S for £45k. Yes, you can get a Carrera for £40k, but being the base model, they are often missing the 'right' options and you shouldn't sniff at the 200cc; the character from the engines are markedly different.

I believe the Gen 2 Carrera got xenons as standard (unlike the Gen 1). But what about PASM and discs?

///Mike

862 posts

207 months

Monday 4th May 2015
quotequote all
Yeah I use heated seats a lot. Agree on the leather dash. Many of the cheaper GTS's haven't had the extended leather ticked and I don't think it looks anywhere near as good.

That said, I think Bluetooth is the only option or one of very few on the white one. Agree Bose is t great but then the standard is shocking.

Anyway we are getting into our favourite options here. The point is, not that many weeks ago I could have had all the significant options that actually cost a lot of money on a gen II S for low 40s. Show me a car that fits the bill now that's not closer to 50.

S and GTS models are going for more now than they were two years ago.