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ben_ek
Original Poster
56 posts
79 months
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i was wondering what a realistic depreciation would be on the following..
c2s 2006 full porsche service history 50k miles aero kit £30,000
over four years assuming 5k miles a year and well maintained/serviced... what do you think i'd get in 2016 with 70k on the clock?
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Diesel130
1,544 posts
81 months
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About the same or a bit less (due to more made) than a 2002 model 996 with 70K on clock is now.... i.e. £12.5K ish.
Assuming the euro doesn't go pop or fuel increase at a significantly faster rate than now or taxes on non electric cars go through the roof...
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Porkupine
1,553 posts
34 months
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12k.
I thought that they are cheaper than 30k now. Is that how much you are buying for?
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ben_ek
Original Poster
56 posts
79 months
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yes it's a really good example, but even so the cheapest 2006 c2s i've found with 50k miles or less is circa £26,000. if anyone can get a decent one cheaper let me know.
having said that if it'll only be worth £12000 it may not be worth my while buying. i could stand losing 30%, but not 60%.
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mollytherocker
6,856 posts
78 months
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ben_ek said: yes it's a really good example, but even so the cheapest 2006 c2s i've found with 50k miles or less is circa £26,000. if anyone can get a decent one cheaper let me know.
having said that if it'll only be worth £12000 it may not be worth my while buying. i could stand losing 30%, but not 60%. The chances of it being woth £20k in 4 years are extremely slim. Having said that, I believe that the slow selling 991 is going to have a positive ripple effect downwards. And so, I am going to say it could be worth 15k. Dont quote me on that though.  MTR
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ben_ek
Original Poster
56 posts
79 months
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well 15k would be better  but i think 18/19 would be my min tipping point. how about if i go for a slightly newer car. e.g. 2008 c2s 30k miles, £35,000 will the depreciation be less? or is still as heavy?
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mollytherocker
6,856 posts
78 months
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ben_ek said: well 15k would be better but i think 18/19 would be my min tipping point. how about if i go for a slightly newer car. e.g. 2008 c2s 30k miles, £35,000 will the depreciation be less? or is still as heavy? Probably worse. If depreciation is so important to you, then you need to look at other models. A GT3 or 996 Turbo should do it. MTR
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uktrailmonster
4,406 posts
69 months
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ben_ek said: well 15k would be better but i think 18/19 would be my min tipping point. how about if i go for a slightly newer car. e.g. 2008 c2s 30k miles, £35,000 will the depreciation be less? or is still as heavy? Depreciation on newer cars is always higher.
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ben_ek
Original Poster
56 posts
79 months
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uktrailmonster said: Depreciation on newer cars is always higher. i would normally have thought that, but there are 2004 997 c2s with 50k on the clock going for circa £24,000, so by that would be a circa 30% loss. but the 997 is still kind of current, but the 991 will be well established by the time i sell so i'm not sure if the same rule would apply - what do you think? good point about the gt3 will look into that.
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mm450exc
279 posts
47 months
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Don't worry about depreciation. It's the fun factor that counts!
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mollytherocker
6,856 posts
78 months
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mm450exc said: Don't worry about depreciation. It's the fun factor that counts! Thats easy to say if you are rich. For the rest of us, a huge loss on a car can soon offset any enjoyment. MTR
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TheBMWDriver
118 posts
23 months
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stuckmojo
946 posts
57 months
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They will depreciate in the same fashion as the 996 has done. Hence, as said above, 12k at the point of selling.
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mrdemon
3,011 posts
134 months
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mollytherocker said: Thats easy to say if you are rich. For the rest of us, a huge loss on a car can soon offset any enjoyment.
MTR depends what people call a huge loss, 15k over 4 years is not classed as a huge loss imo. Buying a Cayman R at 60k and being offered sub 40k trade after 6 months is a huge loss. 20k in 6 months.
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TheBMWDriver
118 posts
23 months
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I don't think they will fall as hard as the 996.
The front end of the 996 is not that popular, the 997 was a big improvement over the 996 however some feel that the 991 has become too soft compared to the 997. Due to the poor economy not that many 991 will be sold over the next few years which will help old the 997 prices up a little.
I think a 997 GTS would make a good buy in a few years time when they hit 40k.
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monthefish
15,709 posts
100 months
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TheBMWDriver said: I don't think they will fall as hard as the 996. I suspect they'll fall harder. TheBMWDriver said: the 997 was a big improvement over the 996 The 997 was a backwards step. TheBMWDriver said: however some feel that the 991 has become too soft compared to the 997. some feel that the 997 has became too soft compared to the 996.
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mollytherocker
6,856 posts
78 months
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mrdemon said: mollytherocker said: Thats easy to say if you are rich. For the rest of us, a huge loss on a car can soon offset any enjoyment.
MTR depends what people call a huge loss, 15k over 4 years is not classed as a huge loss imo. Buying a Cayman R at 60k and being offered sub 40k trade after 6 months is a huge loss. 20k in 6 months. I agree that it depends on your own financial situation, even your example of the Cayman R wouldn't bother some people, which is a great position to be in of course, assuming you have a VERY healthy income. I also agree that 15k over 4 years is not a huge loss, but its still a significant factor in the purchase of any car to most of us. Of course, some may say that if you cant afford 15k in 4 years, you shouldn't really be buying a 30k car! And that is a reasonable view too. MTR
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MartinH1988
29 posts
26 months
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I think the 997 will hold well.
Most people who have driven the 991 say its great but it's lost the soul of the 997.
Obviously the GTs and the Turbos will hold more than the normal Carreras.
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Nano2nd
2,340 posts
125 months
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i think realisically for a sub £30K C2S your looking at £2k to £5k per year depending on the variables.. for a car £30K-£50k - £5k to £10k per year(which about mirrors my depreciation looking at the current "for sale" market) seems about right
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993kimbo
1,378 posts
54 months
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mollytherocker said: Thats easy to say if you are rich. For the rest of us, a huge loss on a car can soon offset any enjoyment.
MTR I would say that if you can afford even £20k on a car...then you are rich. Posts about owners trying to save the odd £50 here and there on tyres for their £70,000 cars makes me laugh.
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