Is the bubble about to burst?

Is the bubble about to burst?

Author
Discussion

Digga

40,349 posts

284 months

Tuesday 26th January 2016
quotequote all
anonymous said:
[redacted]
I drove a mate's R8 GT recently and that's a biggish car in comparison to even wide-body 996/7 cars. You were aware there was more elbow room and you were also aware it took up a bit more road; this was only a 'problem' some of the time. Not really sure how, once you were used to it, the car would feel threading its way through UK A and B roads. You'd certainly have fewer options for avoiding the monstrous, wheel-squaring potholes when there's oncoming traffic.

Digga

40,349 posts

284 months

Tuesday 26th January 2016
quotequote all
Nuff said.



Except, I should add that the 991 is staggeringly handsome in nearly all its guises IMHO.

Budflicker

3,799 posts

185 months

Tuesday 26th January 2016
quotequote all
Ref 991.1 values, I think a 991 GTS, particularly a manual one with a GTS interior pack optioned is going to be an expensive car always. More the pity because if one of those ever hits £60k I'm going to be all over one, I think it might be my perfect dream car.


david hockney

1,204 posts

154 months

Tuesday 26th January 2016
quotequote all
I had a 991 GTS- I did 8000 miles in it in 4 months and then sold it taking a massive hit on what I paid.
If I was rich enough I would have kept it and stuck it in a shed sorn for 20 yrs- I think long term being a
NA engine etc it will be very sort after + not that many were made.
It did feel a big unit to drive/park in town etc and the low seating position/firm suspension did my back in.
The BMW 1M coupe I now drive suits me far better- the high seating position is better for my back ache issues
+ it's small,very fast, fun to drive, and more usable.

Digga

40,349 posts

284 months

Tuesday 26th January 2016
quotequote all
david hockney said:
It did feel a big unit to drive/park in town etc.
That does answer a question I had on the issue.

As for taking a big hit, the 991 GT3 owner I was talking to was lamenting similiarly about his 997 turbo cab - after saying what a great car it was, he ruefully added "I lost a fortune on that thing!"

mollytherocker

14,366 posts

210 months

Tuesday 26th January 2016
quotequote all
Digga said:
hat does answer a question I had on the issue.

As for taking a big hit, the 991 GT3 owner I was talking to was lamenting similiarly about his 997 turbo cab - after saying what a great car it was, he ruefully added "I lost a fortune on that thing!"
Unless its a low production special such as a GT3/4 or 918, then the cost of any new Porsche is pretty high.

That's always been the case really.

Digga

40,349 posts

284 months

Tuesday 26th January 2016
quotequote all
mollytherocker said:
That's always been the case really.
I'll take your word for it. I've never had enough money to find out the hard way. hehe

mollytherocker

14,366 posts

210 months

Tuesday 26th January 2016
quotequote all
Digga said:
mollytherocker said:
That's always been the case really.
I'll take your word for it. I've never had enough money to find out the hard way. hehe
Me neither! Dropping £10-£20k on the first year of ownership is out of my league!

Budflicker

3,799 posts

185 months

Tuesday 26th January 2016
quotequote all
mollytherocker said:
Me neither! Dropping £10-£20k on the first year of ownership is out of my league!
Thats too deep a bath for me as well.

Digga

40,349 posts

284 months

Tuesday 26th January 2016
quotequote all
Budflicker said:
mollytherocker said:
Me neither! Dropping £10-£20k on the first year of ownership is out of my league!
Thats too deep a bath for me as well.
Well, in just over 6 months my 996 turbo tally is; heatshields, power steering lines, gearbox re-build...

Budflicker

3,799 posts

185 months

Tuesday 26th January 2016
quotequote all
Digga said:
Well, in just over 6 months my 996 turbo tally is; heatshields, power steering lines, gearbox re-build...
Yes, but the car is worth 5-10k more than when you bought it.

I mean 10-20k depreciation year 1, Ouch.



david hockney

1,204 posts

154 months

Tuesday 26th January 2016
quotequote all

Huge depreciation on a new 911.
Best to stick with a 993!
That's why I went for a 1M coupe- they are not depreciating -which for a 2011 car
is fairly unique

neilski

2,563 posts

236 months

Tuesday 26th January 2016
quotequote all
I left the UK four years ago to go travelling but as I planned to come back at some point I put my 993 in storage and can't believe how much they've risen in value in that time, with ones similar to mine costing double what it was worth at the start of 2012. I'm talking about dealer prices as I haven't seen anything that similar to mine from a private seller but there are three very similar cars in the classifieds.

Are 993s selling at these prices though or is it all wishful thinking on the part of the dealer? I can't say I'm enjoying being back all that much so I'm seriously considering selling now, jumping back on my bike and heading off to different parts of the world again.

Madness? Should I wait and see? Will someone rip my arm off for a Carrera 4 with 82,000 on the clock or are people only after the 36,000 mile garage queens?

Has anyone sold recently and if so, did it take long to sell? Did you sell privately or to a dealer for a bit less hassle? Am I going to be inundated with offers as a result of this post? laugh

mollytherocker

14,366 posts

210 months

Tuesday 26th January 2016
quotequote all
A 993 C4 in good condition with 82k miles will sell easily.

Just needs pricing according to condition and colour combo of course.

Edit. Ok just seen its midnight blue with marble interior and hardback seats.

All good!

Edited by mollytherocker on Tuesday 26th January 17:26

david hockney

1,204 posts

154 months

Tuesday 26th January 2016
quotequote all
anonymous said:
[redacted]
Yes- obviously they are mileage sensitive- but no doubt the hit on a 1M is peanuts compared to buying
a new 911. The 4 months I owned a 991 GTS I lost a grand a week.

mollytherocker

14,366 posts

210 months

Tuesday 26th January 2016
quotequote all
david hockney said:
Yes- obviously they are mileage sensitive- but no doubt the hit on a 1M is peanuts compared to buying
a new 911. The 4 months I owned a 991 GTS I lost a grand a week.
£17k for 4 months? I cant think of anything that's worth that!

sparta6

3,699 posts

101 months

Tuesday 26th January 2016
quotequote all
david hockney said:
Yes- obviously they are mileage sensitive- but no doubt the hit on a 1M is peanuts compared to buying
a new 911. The 4 months I owned a 991 GTS I lost a grand a week.
Yes, that's a mugs game. And then you factor in the additional hit of what the OPC gives you for part-ex'ing against the next new version. On 911 Turbo Cabs you can expect to take a 50K bath every 2 - 3 years. My cousin does it.

mollytherocker

14,366 posts

210 months

Tuesday 26th January 2016
quotequote all
sparta6 said:
Yes, that's a mugs game. And then you factor in the additional hit of what the OPC gives you for part-ex'ing against the next new version. On 911 Turbo Cabs you can expect to take a 50K bath every 2 - 3 years. My cousin does it.
I seem to be in the wrong line of work!

av185

18,514 posts

128 months

Tuesday 26th January 2016
quotequote all
mollytherocker said:
david hockney said:
Yes- obviously they are mileage sensitive- but no doubt the hit on a 1M is peanuts compared to buying
a new 911. The 4 months I owned a 991 GTS I lost a grand a week.
£17k for 4 months? I cant think of anything that's worth that!
This reminds me of a black good spec 3 month old 62 plate (2012) 300 mile 997.2 Turbo S I bought for £93k in December 2012.....pushing £150k list otr.(although I believe some discount was obtained).

Now that IS some depreciation! biggrin:

david hockney

1,204 posts

154 months

Tuesday 26th January 2016
quotequote all
mollytherocker said:
£17k for 4 months? I cant think of anything that's worth that!
I had a real hankering for a 991 GTS at the time and they had not been out
long so I knew it meant a costly affair....but it's better to live a rich man than
die a rich man.
I justified the 991 depreciation with typical man maths in that my 993 has increased in
value considerably since I bought it 3 or 4 years back to compensate.
My main annoyance is that I far prefer driving the BMW 1M coupe than the 991 so I could
have just saved myself bloody 45 grand in the first place had I known earlier!