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tyeo86

Original Poster:

207 posts

21 months

[news] 
Tuesday 15th May 2012 quote quote all
Morning Guys,

Anyone care to have a guess at where you think these values will go in the short/medium or long term?

Whitean3

1,371 posts

67 months

[news] 
Tuesday 15th May 2012 quote quote all
I hope they are going to start going up smile
But I would say that, with a C4S in the garage!
I think they will stabilise now, and probably won't move too much either way in the next 2-3 years; but I do think we'll se quite a variation on price as these cars are getting on a bit now (mine is over 10 years old) so prices should be based on condition. Then over time, the ropey ones will disappear.

  • I am not Mystic Meg however...

MrTickle

1,453 posts

108 months

[news] 
Tuesday 15th May 2012 quote quote all
Agreed, I think once any desirable 911 drop down to the £15K mark, the value is more directly linked to condition and service history. The ones dropping to £10K will be the ones with a few grands worth of work needed. The fully serviced and good condition cars will flat line, with depreciation being replaced with maintenance costs.

bridey0

1,832 posts

54 months

[news] 
Tuesday 15th May 2012 quote quote all
MrTickle said:
Agreed, I think once any desirable 911 drop down to the £15K mark, the value is more directly linked to condition and service history. The ones dropping to £10K will be the ones with a few grands worth of work needed. The fully serviced and good condition cars will flat line, with depreciation being replaced with maintenance costs.
agree but value also linked to mileage as well id say

Neil_M

113 posts

53 months

[news] 
Friday 1st June 2012 quote quote all
While its residuals have always been good, the problem is that the 997s may push the values down a little too.
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burman

169 posts

82 months

[news] 
Friday 1st June 2012 quote quote all
Trade value around Christmas last year when I traded my 03 49,000 mile car for a 9972S at an OPC was around the £19/20k mark which in the current climate was not too bad , so by the time prep costs etc are added that would make it approx £22/3 retail.

Dave Thornton

66 posts

18 months

[news] 
Friday 1st June 2012 quote quote all
I believe that a £20k example will lose £1500 a year in age related depreciation and £750 per 10k miles over the next 2 years.

Helicopter123

1,059 posts

25 months

[news] 
Friday 1st June 2012 quote quote all
Must be quite near the floor now?

Problem is the 997 sitting above it is now looking a bargain as well.

Helicopter123

1,059 posts

25 months

[news] 
Friday 1st June 2012 quote quote all
Must be quite near the floor now?

Problem is the 997 sitting above it is now looking a bargain as well.

Bill Stein

1,564 posts

78 months

[news] 
Friday 1st June 2012 quote quote all
supply v's demand always.

Callughan

5,301 posts

61 months

[news] 
Sunday 3rd June 2012 quote quote all
DOWN

mollytherocker

6,856 posts

78 months

[news] 
Sunday 3rd June 2012 quote quote all
Dave Thornton said:
I believe that a £20k example will lose £1500 a year in age related depreciation and £750 per 10k miles over the next 2 years.
I would say that wont be far off. They will continue to fall allbeit more gently than the C2 & C4.

MTR

Pugley

521 posts

61 months

[news] 
Sunday 3rd June 2012 quote quote all
+ 1 for DOWN

Reasons:-

With few exceptions, all mass produced cars depreciate.
They are getting older
There are lots of them
There are now 2 newer versions
They have the open deck engine block
They have an intermediate balance shaft
They have been destroyed on the internet and Porsche did NOTHING to reassure owners!

In years to come, the buying advice on forums will be to opt for the series 2 engine when buying a used 911 Boxster or Cayman. yes

I don't have an axe to grind and have not had an engine go bang, but the internet noise and the fact the Porsche have radically redesigned the engine means that informed buyers will forever be wary of buying anything fitted with the series 1 water-cooled lump. Unlike previous models, engines are not practically rebuild-able except by a few specialists like Hartech.

If you do an internet search, you would have to be very knowledgeable or plain stupid not to take notice of the world-wide feedback.

A lot of buyers of older Pork believe they want to buy a "keeper" and its hard to accept that no amount of spend on preventative maintenance will guarantee long service life. frown
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