Is the bubble about to burst?
Discussion
proper car 8)
BrewsterBear said:
Or you could build your own;
There is very little on this car that isn't new. If you include the price of the car, bought before prices went silly, it's cost me about £50k to rebuild doing a lot of the work myself, but it's worth every penny. I have specced every part to my own liking too. It's an analogue, air-cooled 911 turned up to 11 in every respect, without losing the essence of what the car was.
Would I get £50k back for it if I were to sell? Very doubtful, however, if I'd bought a 2 year old C2S I'd have lost £20k in 3 years anyway. If I'd bought a low miles, immaculate 3.2 I'd be scared to drive it knowing every mile is knocking a couple of quid off the value.
Yes, if outright figures on performance are your only metric then a new car is far superior. If you want somewhere cast iron to park £50k then get a 40k mile 3.2 and polish it until you can see your worry lines in the reflection. I know which I'd rather own though and as the "value" of my car is not anchored to the fact it has low mileage and original paint I can drive it as far as I like and not worry about stone chips.
There is very little on this car that isn't new. If you include the price of the car, bought before prices went silly, it's cost me about £50k to rebuild doing a lot of the work myself, but it's worth every penny. I have specced every part to my own liking too. It's an analogue, air-cooled 911 turned up to 11 in every respect, without losing the essence of what the car was.
Would I get £50k back for it if I were to sell? Very doubtful, however, if I'd bought a 2 year old C2S I'd have lost £20k in 3 years anyway. If I'd bought a low miles, immaculate 3.2 I'd be scared to drive it knowing every mile is knocking a couple of quid off the value.
Yes, if outright figures on performance are your only metric then a new car is far superior. If you want somewhere cast iron to park £50k then get a 40k mile 3.2 and polish it until you can see your worry lines in the reflection. I know which I'd rather own though and as the "value" of my car is not anchored to the fact it has low mileage and original paint I can drive it as far as I like and not worry about stone chips.
It has already been suggested that GC Motors may have advertised the 918 for 2 different prices, one without the VAT and one with. This is obviously the case and it's quite clear for everyone to see, and before anyone says " that car was advertised for £1150000.00 a few weeks ago", no it wasn't it is a different 918 as the one that was £1150000.00 had the wiesach pack and it was sold sometime ago and the current 918 one doesn't have the pack, I hope this clears up the misunderstanding by some, the car is £875000.00+VAT. I can't speak about any other cars that are being mentioned but, I can see how easy it is for people to give a company a bad name just by mis reading an advertisement and I think it's unfair, I haven't bought a car from GC Motors but almost have on 2 occasions and being honest i found the sales lady to be a very nice pleasant person, the only reason I didn't buy was because we could agree on the PX price.
Edited by greenbandit641 on Friday 18th March 22:15
Judging by the price paid for this at auction, I would say not!
http://www.classiccarauctions.co.uk/porsche-carrer...
http://www.classiccarauctions.co.uk/porsche-carrer...
greenbandit641 said:
It has already been suggested that GC Motors may have advertised the 918 for 2 different prices, one without the VAT and one with. This is obviously the case and it's quite clear for everyone to see, and before anyone says " that car was advertised for £1150000.00 a few weeks ago", no it wasn't it is a different 918 as the one that was £1150000.00 had the wiesach pack and it was sold sometime ago and the current 918 one doesn't have the pack, I hope this clears up the misunderstanding by some, the car is £875000.00+VAT. I can't speak about any other cars that are being mentioned but, I can see how easy it is for people to give a company a bad name just by mis reading an advertisement and I think it's unfair, I haven't bought a car from GC Motors but almost have on 2 occasions and being honest i found the sales lady to be a very nice pleasant person, the only reason I didn't buy was because we could agree on the PX price.
I don't think the real issue is with the 918...Edited by greenbandit641 on Friday 18th March 22:15
shame about this. I have heard the story of the 997.1 RS they had. I also have to take people and places as I find them. I sold GC 2 previous 911's of mine a 997 4S and a 997.2 GT3 and both times they were very professional and to be fair only haggled a marginally less price than I was offering and as a customer would of been very happy to have bought those cars off them. Yet there is another dealer in North Essex I wouldn't touch with a barge pole as what they did to a mate of mine was appalling.
andymc said:
greenbandit641 said:
It has already been suggested that GC Motors may have advertised the 918 for 2 different prices, one without the VAT and one with. This is obviously the case and it's quite clear for everyone to see, and before anyone says " that car was advertised for £1150000.00 a few weeks ago", no it wasn't it is a different 918 as the one that was £1150000.00 had the wiesach pack and it was sold sometime ago and the current 918 one doesn't have the pack, I hope this clears up the misunderstanding by some, the car is £875000.00+VAT. I can't speak about any other cars that are being mentioned but, I can see how easy it is for people to give a company a bad name just by mis reading an advertisement and I think it's unfair, I haven't bought a car from GC Motors but almost have on 2 occasions and being honest i found the sales lady to be a very nice pleasant person, the only reason I didn't buy was because we could agree on the PX price.
I don't think the real issue is with the 918...Edited by greenbandit641 on Friday 18th March 22:15
LaurasOtherHalf said:
But they were old cars and things did go wrong. Did it detract from the driving experience? Not at all, but would I accept the chasing of niggling faults and failures in a new car? No and to be honest it would royally piss me off 
That's precisely my memory of the 911s on the company car fleet in the late 80s and early 90's. Constant niggling faults!And in Euro land, entry level prices still continue to fall...
http://suchen.mobile.de/fahrzeuge/details.html?id=...
http://suchen.mobile.de/fahrzeuge/details.html?id=...
mollytherocker said:
So where are we now in comparison to a year ago when this thread started?
It looks to me like prices have increased?
Definitely - a good 993 manual coupe even with circa 100k on the clock are 40 grand......It looks to me like prices have increased?
despite the slow down they are still going upward.
Octane mag this month show the Porsche index - and it still beats all other manufactures.
[
That's about a £30k premium on a car with 2500 miles. LHD cars have been offered at about £40k premium with delivery mileage for a while now - JZM had one for a while.
The market is not strengthening, and with higher volume of 991 RSs than the predecessors something will start giving.
That's about a £30k premium on a car with 2500 miles. LHD cars have been offered at about £40k premium with delivery mileage for a while now - JZM had one for a while.
The market is not strengthening, and with higher volume of 991 RSs than the predecessors something will start giving.
mollytherocker said:
So where are we now in comparison to a year ago when this thread started?
It looks to me like prices have increased?
Yep, still plenty of debt fuelled insanity going on for now.It looks to me like prices have increased?
It sure will be interesting to watch what happens when the free money taps get turned off.
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