Porsche ownership..
Discussion
I've noticed some Porsche specialists such as JZM and 911 virgin seem to re-stock/sell the same 996/7 that they had previously sold 6 months earlier.
do owners really buy a porsche, keep it for 6 months and sell it back to a specialist? that's like losing £5-6k.
is it IMS paranoia that causes people to sell? or are these cars just name dropping ownership experiences?
do owners really buy a porsche, keep it for 6 months and sell it back to a specialist? that's like losing £5-6k.
is it IMS paranoia that causes people to sell? or are these cars just name dropping ownership experiences?
dibblecorse said:
I watch the 911V stock and very little gets returned in that kind of time frame, lots of 18 month tenure cars but not 5-6 months, fancy pointing a few out ?
A few Basalt Black C2S or C4S. Maybe 6 months is a bit short but 6-12 months anywayI'm not saying 911v stock is no good as they have a good rep, just wondered why buyers would take a hit on a car in such a short space of time
£5k-£6k for a great ownership experience and to realise a dream, isn't much to some people and also some owners just change cars very often and that is considered a normal cost for them.
If it was IMS paranoia that caused them to trade it in, surely IMS paranoia would stop them from making the purchase in the first place?
If it was IMS paranoia that caused them to trade it in, surely IMS paranoia would stop them from making the purchase in the first place?
I suspect a lot of people are doing the Porsche ownership thing to get it out of their system. There are probably quite a few serial upgraders too, they start off in a cheapish 996 then when they know they like it they upgrade to a GT3/Turbo or a newer 997?
There are also bound to be a percentage who just don't gel with the car & move it on because of that or financial or personal circumstances have changed.
There are also bound to be a percentage who just don't gel with the car & move it on because of that or financial or personal circumstances have changed.
marky911 said:
If it was IMS paranoia that caused them to trade it in, surely IMS paranoia would stop them from making the purchase in the first place?
some owners like me bought the car first and then when encountering a problem with the car did a quick search on the tinternet and ended up reading up on the IMS. Have to admit at first i felt like selling mine but when a specialist offered me a buy price it was £8k less than what i bought it from the OPC and i still had 18 months warranty left.Some people chop and change all the time, mate of mine had his 993 for 2 months just to say he had one, same with his M3, prior to that he had an Exige S for about 5 months and an RX8 that I think lasted 3 months, thich he chopped in from an MX5 he had for about 5 months. Very odd to my mind but it happens. I reckon he's lost an absolute bundle on those cars in all but that's his lookout and bank balance in my book! 
Its like anything, many folks that buy a Porsche as their daily driver chop and change them like other disposable items. Its also down to the volume of cars that Porsche bang out these days that makes the everyday models more available and less special to own.
Some owners that cherish the lower volume production models, the slightly less practical ones and the exotics tend to use them more as the weekend toy, P&J or a realisation of a lifelong dream. Thus hanging on to them a lot longer...
IMHO the IMS issues are only a concern for those that are aware of the potential problems. I am sure a that fair percentage of potential purchasers are in the dark on the issue!
Some owners that cherish the lower volume production models, the slightly less practical ones and the exotics tend to use them more as the weekend toy, P&J or a realisation of a lifelong dream. Thus hanging on to them a lot longer...
IMHO the IMS issues are only a concern for those that are aware of the potential problems. I am sure a that fair percentage of potential purchasers are in the dark on the issue!
I think i fit the descriptions offered here.
The old 996 I've just bought (1st Porsche) has been sold by the original dealer from new and then 2 more times. I am the 4th owner and will be taking it back there to sell it on again in about 12 months. They have the full service history of the vehicle and that is part of the reason I bought from then and not private. Peace of mind for a loss of a few (000) dollars is worth the price. As the others said its not too bad when comparing the cost to leasing.
The old 996 I've just bought (1st Porsche) has been sold by the original dealer from new and then 2 more times. I am the 4th owner and will be taking it back there to sell it on again in about 12 months. They have the full service history of the vehicle and that is part of the reason I bought from then and not private. Peace of mind for a loss of a few (000) dollars is worth the price. As the others said its not too bad when comparing the cost to leasing.
911V prices are at the top end, in my experience of what will be offered from Porsche independent dealers. It is also in their interest to buy back cars they know the history of, from customers who they know have looked after them. The fact that they have sold the same car more than once is something that I would view as a positive, not a negative...
I bought my 997 C4S from 911V unseen, it was in perfect condition. I didn't gel with it even after adding PSE. So after 5 months sold it back to them, they then sold it a couple of days later.
Few weeks later I bought again unseen a Cayenne S from 911V, again it was in perfect condition. The car has been bought just for the interim period. So will probably sell it back to them in a few months when I buy my next 911.
Few weeks later I bought again unseen a Cayenne S from 911V, again it was in perfect condition. The car has been bought just for the interim period. So will probably sell it back to them in a few months when I buy my next 911.
Folk like 911v and jzm make it very easy and secure. Go walk around, see what they have, buy something to enjoy then take it back couple of years later to then go and try something else.
If i was into less collectable pork id probably shop entirely like that, more geared toward the dealer and his stock rather than hunting for a specific car per se. I.e. just turn up at 911v again when i fancy a change, see what they got and pick something that takes my fancy from the selection on offer.
If i was into less collectable pork id probably shop entirely like that, more geared toward the dealer and his stock rather than hunting for a specific car per se. I.e. just turn up at 911v again when i fancy a change, see what they got and pick something that takes my fancy from the selection on offer.
Callughan said:
I bought my 997 C4S from 911V unseen, it was in perfect condition. I didn't gel with it even after adding PSE. So after 5 months sold it back to them, they then sold it a couple of days later.
Few weeks later I bought again unseen a Cayenne S from 911V, again it was in perfect condition. The car has been bought just for the interim period. So will probably sell it back to them in a few months when I buy my next 911.
That's a real demonstration of faith in 911v.Few weeks later I bought again unseen a Cayenne S from 911V, again it was in perfect condition. The car has been bought just for the interim period. So will probably sell it back to them in a few months when I buy my next 911.
Did you lose much on your C4S between buying and selling? Being a return customer one would assume you'd get favourable prices no?
AlexH997 said:
I've noticed some Porsche specialists such as JZM and 911 virgin seem to re-stock/sell the same 996/7 that they had previously sold 6 months earlier.
do owners really buy a porsche, keep it for 6 months and sell it back to a specialist? that's like losing £5-6k.
is it IMS paranoia that causes people to sell? or are these cars just name dropping ownership experiences?
My Porkers have all been toys and I don't think I've kept any of them for more than 12 months. I have both bought from and sold to 911 Virgin. 4 reasons for this - I get bored / I want something better / I want something newer / I've budgeted for it. do owners really buy a porsche, keep it for 6 months and sell it back to a specialist? that's like losing £5-6k.
is it IMS paranoia that causes people to sell? or are these cars just name dropping ownership experiences?
The numbers look silly when you write them down - so I don't bother - they've all put a smile on my face!
Edited by MadMark981 on Tuesday 20th August 14:49
hopeydaze said:
If you trade in after say 12 months you may lose £3 to 4k. However if you've had no maintenance issues, maybe not even a service during your ownership, then the depreciation can easily be justified using man-maths.
£3 to £4K? Only if you're buying at £15/16K. Buy anything at all recent and you'll be dropping more than that, regardless of model.
AlexH997 said:
Callughan said:
I bought my 997 C4S from 911V unseen, it was in perfect condition. I didn't gel with it even after adding PSE. So after 5 months sold it back to them, they then sold it a couple of days later.
Few weeks later I bought again unseen a Cayenne S from 911V, again it was in perfect condition. The car has been bought just for the interim period. So will probably sell it back to them in a few months when I buy my next 911.
That's a real demonstration of faith in 911v.Few weeks later I bought again unseen a Cayenne S from 911V, again it was in perfect condition. The car has been bought just for the interim period. So will probably sell it back to them in a few months when I buy my next 911.
Did you lose much on your C4S between buying and selling? Being a return customer one would assume you'd get favourable prices no?
The transactions are smooth and quick. This is important to me as I am short on time and patience.
I am super fussy about my cars both cars bought without being seen have been in mint condition and uber reliable. This may have to do with the checks and type of cars they take in.
Will be going to them for my next Porsche.
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