Is it time to walk away?
Is it time to walk away?
Author
Discussion

Chrisp5782

Original Poster:

630 posts

168 months

Sunday 23rd December 2012
quotequote all
With all the hysteria, panic and press doom and gloom is it time to walk away from your water cooled Porsche?

It doesn't help that Chris Horton of 911 & Porsche World magazine has, for the second month running, publicly slagged off the 996/997 cars!

This is already, and it'll get worse, had an adverse effect on values. Are we going to reach the point where the cars are as cheap as chips and no longer worth aspiring to?

Polished_Bliss

832 posts

230 months

Sunday 23rd December 2012
quotequote all
Nah, think I'll stay quite content with my 996 GT3,regardless of what anyone says biggrin

jimbo65

752 posts

228 months

Sunday 23rd December 2012
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Why worry about the value, if you want one buy one, if you don't then no problem.

F3RNANDO

5,186 posts

208 months

Sunday 23rd December 2012
quotequote all
Nope!

Drive it like you stole it.

If it breaks....fix it.

Life is too short.


Chrisp5782

Original Poster:

630 posts

168 months

Sunday 23rd December 2012
quotequote all
The GT3 is a different prospect and doesn't come in fit the same vigorous slagging due to the engine differences.

The point about values (and it's just a discussion point only) is that cars are cheap and getting cheaper, more people will buy them and not be able to afford to maintain them correctly, vehicle values are coming down, servicing costs aren't. Therefore you'll have affordable but poorly maintained cars for sale that will only perpetuate the reliability concerns and bring prices down even further and round and round we go.


Martian O

2,734 posts

192 months

Sunday 23rd December 2012
quotequote all
Chrisp5782 said:
With all the hysteria, panic and press doom and gloom is it time to walk away from your water cooled Porsche?
No, I lurve my Turbo! biggrin

Chrisp5782

Original Poster:

630 posts

168 months

Sunday 23rd December 2012
quotequote all
F3RNANDO said:
Nope!

Drive it like you stole it.

If it breaks....fix it.

Life is too short.
That's not my point, if it goes pop of course you'd fix it - unless the cost of repairs is far greater than the value of the vehicle?

mollytherocker

14,465 posts

239 months

Sunday 23rd December 2012
quotequote all
They have been cheap as chips for some time surely!

The early ones are arguably getting to an age where the more used ones would need engine rebuilds anyway, so I believe that you need to cost in an engine rebuild with updates anyway.

All of these engines will d chunk or drop their ims eventually, it's just a question of when really. But then again, every engine ever made blows up eventually.

What I am saying I suppose is that the older they get, the less relevant the inherent flaws are.

Chrisp5782

Original Poster:

630 posts

168 months

Sunday 23rd December 2012
quotequote all
Martian O said:
No, I lurve my Turbo! biggrin
I should have been more specific, 996/997 non- turbo cars. Clearly there are major differences in engine design and the turbo and GT cars don't suffer the same failures.

F3RNANDO

5,186 posts

208 months

Sunday 23rd December 2012
quotequote all
Chrisp5782 said:
F3RNANDO said:
Nope!

Drive it like you stole it.

If it breaks....fix it.

Life is too short.
That's not my point, if it goes pop of course you'd fix it - unless the cost of repairs is far greater than the value of the vehicle?
I thought your point was not having a Porsche because you fear the small chance of an expensive failure....I disagreed.

Kia do a seven year warranty.....enjoy the peace of mind. wink

Chrisp5782

Original Poster:

630 posts

168 months

Sunday 23rd December 2012
quotequote all
F3RNANDO said:
I thought your point was not having a Porsche because you fear the small chance of an expensive failure....I disagreed.

Kia do a seven year warranty.....enjoy the peace of mind. wink
Read my post properly, I don't fear a breakdown and that wasn't my point, the topic is about the effect on values.

roofrack996

58 posts

231 months

Sunday 23rd December 2012
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All the issues were already well documented and readily available on the internet so can't see an impending disaster. 911&PW seem a lot more snide recently, really going off it as an enthusiast mag.

I reiterate the point that even with the potential for issues I think that you are getting a car with performance and practicality worth twice what they are currently valued at (try comparing stats in the back of evo for alternatives).

Will be sticking with my 996.

Chrisp5782

Original Poster:

630 posts

168 months

Sunday 23rd December 2012
quotequote all
mollytherocker said:
They have been cheap as chips for some time surely!

The early ones are arguably getting to an age where the more used ones would need engine rebuilds anyway, so I believe that you need to cost in an engine rebuild with updates anyway.

All of these engines will d chunk or drop their ims eventually, it's just a question of when really. But then again, every engine ever made blows up eventually.

What I am saying I suppose is that the older they get, the less relevant the inherent flaws are.
Exactly the sort of catch all comments I'm talking about.

Terminator X

20,734 posts

234 months

Sunday 23rd December 2012
quotequote all
Went out in my 996 C2 this evening and as usual was blown away by the staggering value of them hp vs £'s. It's such a performance bargain ... The scaredy cats really are missing out!

TX.

F3RNANDO

5,186 posts

208 months

Sunday 23rd December 2012
quotequote all
Chrisp5782 said:
Read my post properly, I don't fear a breakdown and that wasn't my point, the topic is about the effect on values.
Your post seems to imply that one would aspire to a car based on monetary value rather than any driving enjoyment and that we should sell our cars in case they depreciate - I prefer to enjoy my car as a driving experience and if it depreciates I will not be surprised but neither will I be bothered.

I hope your Cayman grows in value and never needs fixed.

Crimp a Length!

5,697 posts

253 months

Sunday 23rd December 2012
quotequote all
996's are the best 911's i've ever owned.
Don't give a flying feck about what Chris Horton implies in the most boring of the Pork mags available either.

majordad

3,631 posts

227 months

Sunday 23rd December 2012
quotequote all
Guys, I bought my first Porsche ( a 1972 2.4S ) in 1988. Shortly after buying it, the engine went "funny" and I fitted a replacement 2.2S engine. My 2.4S engine succumed to the well known fault at the time of timming chain tensioner failure, rather like todays 996/997. I held onto the car, and engine, and perservered and now its worth quite a bit.

Carpe Diem

metsta

432 posts

253 months

Sunday 23rd December 2012
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String of pork over the years and my 996 is the best ive had yet!
As a side note said magazine sits by my bed for weeks/months and doesnt really engage me beyond flicking through it; pretty boring basically.
So whats the best pork mag??


marky911

4,433 posts

249 months

Sunday 23rd December 2012
quotequote all
Isn't Chris Horton the old duffer who's always frantically trying to fix some battered old 924 on a shoestring in the back of the mag somewhere?

I think he's probably trying to talk the prices down to 924 levels, bless him. hehe

marky911

4,433 posts

249 months

Sunday 23rd December 2012
quotequote all
metsta said:
String of pork over the years and my 996 is the best ive had yet!
As a side note said magazine sits by my bed for weeks/months and doesnt really engage me beyond flicking through it; pretty boring basically.
So whats the best pork mag??
None of them really.
I used to love the photography in Total911 when it first appeared and I think it made the other Porsche mags raise their game in that respect, but it was snobby.

I just have a flick through them all in WHSmiths and if there is anything on 964s or GT3s in any of the mags I buy that one. I'm shallow and easily pleased, hence I only want to read about those. wink