Approx £30,000 - Best entry option to Porsche ownership?

[PompeyPaul]

IMIA said:

I believe there may have been a massive law suit in America and Porsche USA caved in and paid out stupid amount of money to settle the case. Think it was 5% which I agree is low but doesn't feel that way if you happen to be one of the 5%. I think I mentioned I had two cars with that type of engine and covered an aggregate 160,000 miles in them without any issues whatsoever.

Yes you did mention and that's great to hear. 5% is mad if accurate; which means a 1 in 29 chance of getting a duffer!

Porsche approved used come with a 2 year warranty which would cover it, or it you buy privately you can have them carry out a 111 point inspection and then warranty for about £1250 for one year or £2300 for two years which covers it also and everything else, as long as as the car is less than 9 years old and / or 125,000 miles.

Just frustrating that my £30,000 budget is just too low for a gen 2....

[PompeyPaul]

IMIA said:

You saw that gen 2 high miler at 911v sold same day as we were discussing it. Thought you'd bought it. A 2008 gen 1 with OPC warranty is fine. You can renew the warranty up to 2018 / 100000 miles so good way into one. I actually prefer the gen 1 styling - very pretty car.

Thanks. Great advice again and I love the looks.

[PompeyPaul]

IMIA said:

You should speak to Mark Pearce too. He gets some stunning cars. Think he may even put OPC warranties on them. You just missed a beaut gen 1 997 he had.

http://www.stirlings.co.uk/about

Thanks will keep an eye. His stock appears low currently but will keep an eye and call if I want to see if he can source something.

[PompeyPaul]

RWD cossie wil said:

The 996 turbo is the only logical choice in this price bracket, no major engine defects unlike the n/a 996 or 997 ranges, amazing performance for a standard car, with mild tuning bringing it right up to date, great handling, and values staying solid or even creeping up.

No brainer IMHO!

Thanks. Am I right in saying £30k is likely to be me around a 2003?

[PompeyPaul]

dank said:

Can highly recommend JZM for buying a 996 Turbo and for servicing, their preparation of the cars is incredible, real piece of mind when buying from them, get mine serviced, MOT'd there and have always had a great experience!

When they get a good 996 Turbo in though, they usually last a matter of days before being sold, so you need to move fast on a good one, they are quite hard to find in good colour, spec, manual gearbox and above all history and condition. If you buy from an Indy you will have piece of mind that they have been mechanically checked and any issues rectified, and also will have a warranty which will give you piece of mind for at least 12 months, get the funds ready and then it's the waiting game

Thanks. Just had a quick look on their site - stunning vehicles but nothing anywhere near my price range currently. I would be conident that anything from there would be top quality however!

[PompeyPaul]

Mario149 said:

<pedant> 1 in 20 </pedant>

Haha thanks - typo!!

[PompeyPaul]

bigunit00 said:

This

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

Or this

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

Thanks for the suggestions. First one has gone already whatever it was. I am going to make the purchase as soon as our house move is completed. Things have delayed slightly and I think we are now looking at 4-5 weeks until I am going to be proceedable with a purchase. Looking forward to test drives of the 911 variants and Cayman S.

[PompeyPaul]

wilkos said:

30k should get you into a gen 2 without starship miles.
I traded my 997.2 Pdk with less than 40k on the clock fpsh+ and a few months of warranty left on it for 30k 11 months ago. At the time trade bids were 28-30k
Stick the details of a car you're interested in into wbac. This'll give you an accurate trade guide.
Private asking prices are a bit dreaming at the mo, but I don't see them moving.

That's interesting. From what I can see £35k is the cheapest way into a gen 2 with sub 70k miles.

I don't know enough about used Porsche prices but will do what you suggest with WBAC. Obviously people will want best buck for their pride and joy, but ultimately if they want to sell, it is only worth what someone is prepared to pay. Depends how quickly the individual is looking to sell I guess.

[PompeyPaul]

wilkos said:

Also worth looking for cars that opc's have had in stock for approaching 90 days. They'll chuck them to the trade before 90 days is up to protect new car bonuses (Porsche fine them)
End of March is a good time to buy. Lowest price in the year and many cars will have sat through the winter so dealers are keen to shift.

Fab didn't know that about the 90 day move on either so will start taking note now of what's in stock. Thanks!