Can I afford a decent 911 for everyday use?

[prismv]

Thanks I love the 4 pipes but guessing they won’t be on the gen 2 any more

[prismv]

Thanks really good to know
Not sure I could afford a new one though?

Surely repayments are ££££ ?

[prismv]

Yep just look at at a pcp on a new one, I can’t even get close lol

The 2019 car looks superb though

[prismv]

Thanks for the heads up on that the car play would have been a nice to have.

Really interested to understand what a perfect specced would look like and what I should hold out for?

I’d prop go for a 3-4 year pcp
Understand I can get a 2 year warranty through Opc it would be good to get this to match the 3-4 years though

[prismv]

Yes this all makes sense to me thanks again really helpful

In terms of spec do they all come with Bluetooth and usb as standard?
What about heated seats?

I’m still unsure if I should look for a 4 S or stick to the base Carrera, in terms of spec, parking sensors would be nice and the PASM along with cruise control and a reversing camera.
I don’t like too harsh a ride

I’m not sure in terms of spec what else is a must have is there an upgraded sat nav and hard drive for music?

My kids are 7 and 10 so 7 year old is still in a car seat so hoping there is enough room for them, although journeys won’t be too long.

I think I will only buy from OPC but I’ve heard they are notorious for not discounting unless this is only on new cars?

I think the later model you mention is the one I want, hopefully with a budget of £65k I can find a nice one.

I think they look great in black as well so would prefer that colour

[prismv]

johnwilliams77 said:

prismv said:

Yes this all makes sense to me thanks again really helpful

In terms of spec do they all come with Bluetooth and usb as standard?
What about heated seats?

I’m still unsure if I should look for a 4 S or stick to the base Carrera, in terms of spec, parking sensors would be nice and the PASM along with cruise control and a reversing camera.
I don’t like too harsh a ride

I’m not sure in terms of spec what else is a must have is there an upgraded sat nav and hard drive for music?

My kids are 7 and 10 so 7 year old is still in a car seat so hoping there is enough room for them, although journeys won’t be too long.

I think I will only buy from OPC but I’ve heard they are notorious for not discounting unless this is only on new cars?

I think the later model you mention is the one I want, hopefully with a budget of £65k I can find a nice one.

I think they look great in black as well so would prefer that colour

When are you actually going to go and see one?!

You said in an earlier post on the first page that you’d struggle to go over 60k now your budget is 65k, which is it?

Edited by johnwilliams77 on Thursday 11th July 03:55

ASAP really the issue is I will struggle to go back to my local Porsche centre as I went down the Panemera route with a test drive but didn’t proceed so they won’t be to thrilled to let me drive a 911, so I’ll need to find one elsewhere to drive, in terms of budget I was thinking of using my car as a part ex on the deposit but I could always put extra cash down for the right car if it meant the pcp payments were more l affordable so could go to £65k maybe even £70k with the hope of negotiating them down closer to a £65k figure

[prismv]

Thanks I would love a brand new one as the interior is just amazing, I would be worried I couldn’t afford to spec it too well though but depending On the dealer contribution it could be interesting...

What’s the best way to get this just ask an OPC for the numbers?

Edited by prismv on Thursday 11th July 09:50

[prismv]

nunpuncher said:

anonymous said:

[redacted]

or based on the number and configuration of the exhaust pipes.

In fear of being extremely harsh to the OP... You need to go do some proper research of your own.

You need to understand the model variations... Carrera, Carrera 4, Carrera S, turbo, GTS... etc then look at the differences between 997.2 991.1 991.2 the different generations of the PDK. And that's before you even start looking at the interior tech you're so interested in.

I think if comfort and tech are priorities on a par with performance, and all trump engagement then a 911 probably isn't the right choice for you. If you just want the badge on your drive then that's what the Panamera, cayenne etc are for.

So I came in here looking for advise and am very grateful for all the comments as I’ve had exactly that.
Having not know anything about 911’s I feel a lot better now and have learnt a lot.
Going for a test drive on Saturday.

I was a little blinkered by the cars tech as I’m used to Bmw ands Audi’s fully loaded and I’ve come to rely on those driving aids hence why it was a concern for this car but I understand those don’t really matter in a 911 now.

The car that I think will be best for me is the standard Carrera 991.2 maybe an S if I can get one in budget with a good spec but I’m sure the standard care has enough power for me.

I have had a look at the 992 and these look immense but even with some dealer support I can’t justify £90k to £100k on a car that I’ll do 15k miles in tops even if I could afford it.

Looking forward to the test drive, the trick is to find a good one now that I can enjoy.

[prismv]

Thanks I will post here for sure when I get one

[prismv]

RobinBanks said:

prismv said:

ASAP really the issue is I will struggle to go back to my local Porsche centre as I went down the Panemera route with a test drive but didn’t proceed so they won’t be to thrilled to let me drive a 911, so I’ll need to find one elsewhere to drive, in terms of budget I was thinking of using my car as a part ex on the deposit but I could always put extra cash down for the right car if it meant the pcp payments were more l affordable so could go to £65k maybe even £70k with the hope of negotiating them down closer to a £65k figure

Be prepared to be bent over with no lube on the price of your BMW by Porsche!

Actually they offered me £3k more than an Indy...

[prismv]

6appeal said:

The Porsche finance ironically works out that a new car has a lower interest rate and a high final value, so a £100k car is pretty much the same monthly repayment as a used £65k car.

It’s swings and roundabouts. Depending on if you are looking at monthly amount for a 3yr term, or grand total spend.

For me, the monthly was the key one relative to my work car allowance.

Depends on what you’re looking at financially, but on a car £65 to £100k bracket of used vs new it’s not a mile apart... you’re looking at about £1.1k per month mark in lieu of £650 a month mark for a 6 series. The difference is that the 911 will have about £10k+ positive equity at end of term and the 6 series will have feck all.

I’ll ask the dealer, when I go in. It makes sense what you say and I think the new shape is great, I would kill for one, did this include any options?

I did ring the dealership earlier and they said there was no manufacturer support or contribution so I’m thinking if my old car is worth £17k part ex I’d put down £8k or £10k cash on top to try and keep the repayments down.
What’s the wait time on new cars and Is the 10% fee on top still be charged because of brexit?

[prismv]

Gio G said:

If you are going to go down the used route, make sure it is something with low mileage, as if you are genuinely going to stick 15k a year on it, this could impact resale, however if you are looking to keep it a while, not an issue.. I generally like to spread mileage across my cars..

Not sure if others agree, however I have always found non Porsche GB owned dealers being a little more flexible on negotiation etc.. however I live close to Hatfield and have purchased their a number of times, even though their service is questionable..but found other dealers more flexible..

Good luck and do your research!

G

Yes definitely want something like this, I think I need to go OPC to get the 2 year warranty,
What would you suggest is the max mileage to consider on a used 911?

Funnily enough I saw this car at Hatfield looking last night, I’m 4 hours away so can’t view it but it looks nice with a good spec,

https://finder.porsche.com/gb/en_GB/911-Carrera-S-...

[prismv]

130R said:

Personally .. I would be very wary of stretching your finances just to get in a 992. You want a car you can enjoy, not a millstone around your neck. Constantly worrying about every mile you put on the car, parking it in public car parks, etc., because it's costing you an absolute fortune is not a good start to car ownership. A 911 you can easily afford will give you far more enjoyment IMO, and you don't need to spend 100k to get a good one.

Thanks, it’s within budget and I would put a larger sum down so repayments fit well within my car allowance.
I hadn’t considered the risks of public parking
How much of a problem is this in terms of theft and people will fully causing damage?

[prismv]

Thanks for all the replies so far, I've learned so much which has been really helpful, I've been looking at 911's for the last few days and have come across these 2.

I really like this one, more so any I think so far as it's a nice spec and miles I guess are ok.
I really like the colour too, it's different without being to stand outish and it's an S but it is pricey for the year from what I've seen, so not sure if I could get them down towards £70k

https://finder.porsche.com/gb/en_GB/911-Carrera-S-...

But then I compare that with this one and which is the 911 T - but it's only 1 year old with really low miles, I know the spec isn't as good and it's a T not an S but for that age and price it looks too good to pass up?

https://www.autotrader.co.uk/classified/advert/201...

[prismv]

johnwilliams77 said:

I think the best thing to do is go and see them and drive the things.

Test drive booked for Thursday, can’t wait
Although neither of these dealers are anywhere close to me sadly

[prismv]

RobinBanks said:

It really shows how much PCP has screwed with things when a £100k car and a £65k car are been talked about in the same breath.
I would be very wary in putting in a large deposit to keep monthlies down on a PCP because you could end up with nothing if you have to change early for whatever reason especially on preowned with high interest rate.
Why don’t you get a low interest loan @2.9% for £25k and put your car and cash towards it and then work out the car you can afford to “own” and when it comes time to change you will have a fair chunk left for the next car!
This is a pretty old fashioned view and I am just throwing it in there as a different choice.

Thanks if it did that I reckon I could get to £25k loan + £17k car trade in + £10k cash from me, this obviously means an older car...

Out of interest how long are you committed to a pcp?
Can you get out of them?
I’ve had one before and it was fine

Also just check my bank NatWest and they want 6% on anything over £17k

Edited by prismv on Saturday 13th July 12:43

[prismv]

RobinBanks said:

prismv said:

Thanks if it did that I reckon I could get to £25k loan + £17k car trade in + £10k cash from me, this obviously means an older car...

Out of interest how long are you committed to a pcp?
Can you get out of them?
I’ve had one before and it was fine

Also just check my bank NatWest and they want 6% on anything over £17k

Edited by prismv on Saturday 13th July 12:43

Usually PCPs are 3/4 years in length and can be exited at any point but usually you are in negative equity till near the end.
Look on line for the best loan deals available,some can be had around 3% up to £25k but you will have to check.

Thanks Tesco Bank will do me 3% upto £25k
So I guess at a push and assuming I can get full value for my car I could put £15k down meaning my max budget is £57k

This does make sense and would be a lot safer if I need to change, presumably I sell the car for what I can and pay off the loan

[prismv]

Milnero said:

Never put in a large deposit on PCP unless you know for certain that at the end of the agreement you will buy the vehicle.
all the deposit on a PCP will do is lower your monthly payment, It will not reduce you interest enough to warranty the deposit, you would be far better to lower the OFP at the end of the agreement or pay no deposit with the higher monthly and use the deposit that you were going to use to pay the higher monthly payments.

As others had said a low rate personal loan would be the cheapest option for the difference.

Yes I can see the sense in this now, so if I go down the bank loan route then my max budget is actual £60k with an affordable monthly payment, not sure if that will get me a decent 991.2?

[prismv]

Milnero said:

prismv said:

Milnero said:

Never put in a large deposit on PCP unless you know for certain that at the end of the agreement you will buy the vehicle.
all the deposit on a PCP will do is lower your monthly payment, It will not reduce you interest enough to warranty the deposit, you would be far better to lower the OFP at the end of the agreement or pay no deposit with the higher monthly and use the deposit that you were going to use to pay the higher monthly payments.

As others had said a low rate personal loan would be the cheapest option for the difference.

Yes I can see the sense in this now, so if I go down the bank loan route then my max budget is actual £60k with an affordable monthly payment, not sure if that will get me a decent 991.2?

Could you look at equity release from your house? current personal loans have an average APR of 3.2% which is good but with equity release that could come down by half?

looking at some of the vehicle adverts a few on here have shared for the sake of £4000 I would wait a few months to make up the difference and get what you want, after all £60k is no small sum to spend and not truly be happy.

I have the cash saved and can put down more if needed but I didn’t want to use it all on the car so as not to have any savings left

Edited by prismv on Saturday 13th July 17:56

[prismv]

Engelberger said:

OP - it is entirely up to you what you do with your money but this thread makes depressing reading. All those offering advice on loans and mortgage extensions won’t be paying.

So please don’t stretch yourself too thin. It’s only a car and when we go into a recession nothing is worse than seeing something sat on the drive costing more per month than your mortgage.

Hope you find what you’re looking for.

Appreciate the concern and this was the purpose of my post, from the start, it will be more than my mortgage and my BMW is paid for so doesn’t owe me anything.

I just felt if I don’t get a 911 now with my kids small enough to go in the back and a bit of spare income I never will