How depreciation proof, 992 GT3 Gen 2
Discussion
As per the title really, I have never paid much attention to depreciation & just bought what I wanted. in the last 7 years this has lost me £6k on a Golf GTi, £5k on my previous Boxster & probably £7k on my current Boxster. I now have a lot more to spend on my next car & was wondering whether buying a GT3 or V8 Vantage around the £35k mark may be no different from a net profit point of view. Lookng at the maths another way, say I bought a GT3 for £35k, kept it for 3.5 years, it's unlikely to cost more than £9k in total to run over & above what I spend on my current Boxster. To compound this, the cash will be earning almost no interest in the bank whatsoever... thoughts please?
OK, to answer the OP's question, most believe that a good 996GT3 should hold its value, so in terms of an asset, its a smart purchase in my view.
However, the potential higher maintenance costs as these cars are getting older will offset this somewhat.
You pays your money etc etc...
MTR
However, the potential higher maintenance costs as these cars are getting older will offset this somewhat.
You pays your money etc etc...
MTR
It's debateable how much fun you will have if your mind is always dominated by the spectre of depreciation.
In these austere times with anti-capitalist groundswell and ever-increasing fuel (and road tax) prices it's arguable that any aspirational car will depreciate significantly in a short space of time, that's just the reality of ownership I'm afraid.
You only live once - if you can afford to buy it and maintain it without comprimise (or comprimise you can live with) then enjoy it while you can. If we all waited until we could do things absolutely sensibly then many of us would be too old to appreciate it.
(Sorry if the above sounds a bit pretentious)
In these austere times with anti-capitalist groundswell and ever-increasing fuel (and road tax) prices it's arguable that any aspirational car will depreciate significantly in a short space of time, that's just the reality of ownership I'm afraid.
You only live once - if you can afford to buy it and maintain it without comprimise (or comprimise you can live with) then enjoy it while you can. If we all waited until we could do things absolutely sensibly then many of us would be too old to appreciate it.
(Sorry if the above sounds a bit pretentious)
Durzel said:
It's debateable how much fun you will have if your mind is always dominated by the spectre of depreciation.
In these austere times with anti-capitalist groundswell and ever-increasing fuel (and road tax) prices it's arguable that any aspirational car will depreciate significantly in a short space of time, that's just the reality of ownership I'm afraid.
You only live once - if you can afford to buy it and maintain it without comprimise (or comprimise you can live with) then enjoy it while you can. If we all waited until we could do things absolutely sensibly then many of us would be too old to appreciate it.
(Sorry if the above sounds a bit pretentious)
^THIS^In these austere times with anti-capitalist groundswell and ever-increasing fuel (and road tax) prices it's arguable that any aspirational car will depreciate significantly in a short space of time, that's just the reality of ownership I'm afraid.
You only live once - if you can afford to buy it and maintain it without comprimise (or comprimise you can live with) then enjoy it while you can. If we all waited until we could do things absolutely sensibly then many of us would be too old to appreciate it.
(Sorry if the above sounds a bit pretentious)
Khushy
"spectre" LOL
I see nothing wrong with assessing costs when buying a fun car. I have mostly bought fun cars that haven't depreciated very much. That's just how I am. I don't think it makes me less of an enthusiast. Just how I choose to spend my disposable.
Now racing though, that has cost a big chunk! It's just personal choices!
Bert
Now racing though, that has cost a big chunk! It's just personal choices!
Bert
khushy said:
a supercar bought bought with "maths" in mind is a total waste of money!
IMHO
khushy
Not really it makes sense to buy with your eyes open. If it costs a fortune due to running costs or reliability you're likely to enjoy it less. If costs are reasonable you're more likely to enjoy it!IMHO
khushy
drmark said:
My 996GT3.2 cost me more than 10k in maintenance over 3 years. They eat brakes, bushes, LSDs - and dampers. But they are amazing..
But a bog standard (non-GT) 996 could easily cost 5K over 3 years, so the GT3 difference is only 5K over 3 years which is likely to be less than the depreciation difference.Gassing Station | Porsche General | Top of Page | What's New | My Stuff