Farewell
Author
Discussion

RankAmateur

Original Poster:

252 posts

223 months

Saturday 7th September 2013
quotequote all
So my 991 C2S is gone, after just under one year of ownership. Was an awesome car, but it was time to move on. The good news is I sold it back to an OPC for just 12% less than I paid for it brand new. That's what I call exemplary depreciation. smile
So it's so long from me for now folks. Keep it sexy!

steve singh

3,995 posts

202 months

Saturday 7th September 2013
quotequote all
RankAmateur said:
So my 991 C2S is gone, after just under one year of ownership. Was an awesome car, but it was time to move on. The good news is I sold it back to an OPC for just 12% less than I paid for it brand new. That's what I call exemplary depreciation. smile
So it's so long from me for now folks. Keep it sexy!
What's next on the list?

RankAmateur

Original Poster:

252 posts

223 months

Saturday 7th September 2013
quotequote all
steve singh said:
What's next on the list?
As I go about pondering the meaning of life, the daily driver is an M135i.

AlanKey

1,057 posts

195 months

Saturday 7th September 2013
quotequote all
Why sell soon.

Surely better to have 991 and sell BM.

RankAmateur

Original Poster:

252 posts

223 months

Saturday 7th September 2013
quotequote all
AlanKey said:
Why sell soon.

Surely better to have 991 and sell BM.
Well the wife refused to drive the 991 as a daily runabout, so I got her an M135i under pretence of it being a sensible hatchback ("it's just a 1-series sweetheart"). With my wife's motoring taken care of, the 991 was being driven by me once a week at best, and that's not really the basis on which you should own one of these beauties. Then I got a terrific offer for it that made owning it from new for a year a bargain, so I let my head overrule my heart and off it went.

Made me sad when the OPC man drove away with it earlier today, though...

SFO

5,186 posts

212 months

Saturday 7th September 2013
quotequote all
RankAmateur said:
The good news is I sold it back to an OPC for just 12% less than I paid for it brand new.
that's really amazing !

mollytherocker

14,464 posts

238 months

Saturday 7th September 2013
quotequote all
SFO said:
RankAmateur said:
The good news is I sold it back to an OPC for just 12% less than I paid for it brand new.
that's really amazing !
It's hard to believe as well.

nsm3

2,831 posts

225 months

Saturday 7th September 2013
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Considering they are giving away 10% on new ones to order, it does stretch the bounds of credulity somewhat?

Koln-RS

4,122 posts

241 months

Saturday 7th September 2013
quotequote all
A year or so ago, there was an over supply of 991s and they were being discounted, especially 'new stock'.

Porsche have since reduced supply, and most 991s are now built to order, with tighter discounts. As such there is, apparently, limited used stock.

Presumably, with the right timing, the OP may have bought well and sold well. If so, well done.

Mermaid

21,492 posts

200 months

Saturday 7th September 2013
quotequote all
Koln-RS said:
A year or so ago, there was an over supply of 991s and they were being discounted, especially 'new stock'.

Porsche have since reduced supply, and most 991s are now built to order, with tighter discounts. As such there is, apparently, limited used stock.

Presumably, with the right timing, the OP may have bought well and sold well. If so, well done.
That's what a Porsche sales executive told me when I enquired why used 991's were selling at prices higher, it seemed to me, than what was offered to me about about 9 months ago. Porsche reducing supply, Ferrari cutting back on production. scratchchin

rosino

1,395 posts

201 months

Tuesday 10th September 2013
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RankAmateur... I am in the same position too.. Selling my C2S that I purchased 8k miles and 12 months ago.

Some pretty good memories, including spirited early morning drives in the Cotswolds and what remains an all time great... A 2k miles road-trip to the south of France climbing any mountain pass I could find. Motoring nirvana. The sport exhaust echoing against the rocky side of the road, the tunnels, the chassis absorbing any B road you could imagine, the turn in...

What a car.

But as the gt3 arrives next year I am combining 911 and lotus elise.. So the 2 beasts need to go for now. Can you PM me the details of your trade? If I can avoid private sale hassle it would spare the experience of dealing with the occasional lunatic. :-)

Or if there's a non lunatic on here looking for the best spec 991s you can find PM for a good deal...

mrdemon

21,146 posts

294 months

Tuesday 10th September 2013
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SFO said:
that's really amazing !
it's still 10 or 11k lost in less than a year.

sidicks

25,218 posts

250 months

Tuesday 10th September 2013
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mrdemon said:
it's still 10 or 11k lost in less than a year.
Owning a car like that from new for just £800 a month is a bargain!

mrdemon

21,146 posts

294 months

Tuesday 10th September 2013
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More like £950 a month and that for some maybe a bargain.

It would not feel like a bargain to me :-)


sidicks

25,218 posts

250 months

Tuesday 10th September 2013
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mrdemon said:
More like £950 a month and that for some maybe a bargain.

It would not feel like a bargain to me :-)
That's the sort of depreciation you'd get on a £30k Mondeo!

mollytherocker

14,464 posts

238 months

Tuesday 10th September 2013
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sidicks said:
That's the sort of depreciation you'd get on a £30k Mondeo!
Yes, but nobody actually buys a new mondeo for 30k do they? They are either company cars or bought with a mahoosive discount!

mrdemon

21,146 posts

294 months

Tuesday 10th September 2013
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sidicks said:
That's the sort of depreciation you'd get on a £30k Mondeo!
if you are a hi rate tax payer it's still £1.4k gross wage a month to just cover the depreciation let alone running it.

and about £1.9k to run it in total a month, that's over £22k of your wages to run the car for less than a year doing 8k miles.

I guess some people will call that a bargain, some will not, depends what you earn I guess.

Buster73

5,616 posts

182 months

Tuesday 10th September 2013
quotequote all
RankAmateur said:
Well the wife refused to drive the 991 as a daily runabout, so I got her an M135i under pretence of it being a sensible hatchback ("it's just a 1-series sweetheart"). With my wife's motoring taken care of, the 991 was being driven by me once a week at best, and that's not really the basis on which you should own one of these beauties. Then I got a terrific offer for it that made owning it from new for a year a bargain, so I let my head overrule my heart and off it went.

Made me sad when the OPC man drove away with it earlier today, though...
Exemplary depreciation of say £10 k , but contradicted by saying you use it once a week at best ?

Im confused.

mrdemon

21,146 posts

294 months

Tuesday 10th September 2013
quotequote all
about £300 a trip then net ;-)

this bargain is getting better,

anonymous-user

83 months

Tuesday 10th September 2013
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Did the OP mean 22% less??

You can buy a similar used 991 from an OPC for less than 12% below full list.

No way would they give that much for OP's car - unless in part ex. Surely?