Potential 993 Buyers - does 100k+ miles put you off?
Potential 993 Buyers - does 100k+ miles put you off?
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Discussion

993kimbo

Original Poster:

3,003 posts

214 months

Friday 21st February 2014
quotequote all
I won't post this topic on the excellent 911uk Forum, of which I am a member, as some owners of 100,000+ mile cars get upset.


Potential 993 buyers - if one car has done 95,000 miles and the other 110,000 miles do you expect a price difference between the two if they have both been maintained correctly and are in the same condition?





mudy

874 posts

201 months

Friday 21st February 2014
quotequote all
Because of this island's strange obsession with mileage, yes!

993kimbo

Original Poster:

3,003 posts

214 months

Friday 21st February 2014
quotequote all
Thanks for an honest answer. As a buyer I personally think there's no difference....but you're right.


Edited by 993kimbo on Friday 21st February 19:52

williaa68

1,540 posts

195 months

Friday 21st February 2014
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When I was looking for mine it was about 85k when the price differential became more apparent. I think at 95k you are "done" as far as getting into six figures is concerned, At 80 it could take you ten years of light use.. At the end of the day the old maxim is true - buy on condition! Mine hadn't been serviced in about three years but was in good condition and, after an inspection, £2k for a major service, fluids, brakes etc and it was all good. As I intend to own it into my dotage that gap in the service history will soon be irrelevant.

993kimbo

Original Poster:

3,003 posts

214 months

Friday 21st February 2014
quotequote all
I had mine up for sale a while back at 97,000 miles and there was a bit of sucking in teeth, inferring that 100,000 wasn't that far off. I don't know what they expected would happen at 100,000miles, but I definitely got the feeling that there was a threshold that some didn't want to cross.

British thing?

Edited by 993kimbo on Friday 21st February 20:52

mollytherocker

14,460 posts

238 months

Friday 21st February 2014
quotequote all
Its totally ridiculous Kimbo isn't it? The situation is devoid of all logic.

When mine clicked over to 100k last year, I emitted a huge sigh of relief.

The difference in value between 80k and 120k is probably circa 8k! It makes no sense!




jimmy p

1,039 posts

195 months

Friday 21st February 2014
quotequote all
There are that few 993 coupe manuals around at the moment. People are going to have to buy whats available. Therefore I think good quality ones even with higher mileage will still be worth the money, my car which you photographed last year (ex Michael aka numbercruncher) has 95k on it but I could not find a lower mileage car at my price range in anywhere like as good condition. When I was looking I looked at several cars with mileage between 60-90k miles but they all looked like they needed 1000's spending on them to get to a good condition. I ended up buying on condition (mine had had a fortune spent on it), with the way values are going seemingly due to supply and demand I do not expect to lose any money on mine.

graemel

7,225 posts

246 months

Friday 21st February 2014
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Agreed it is a strange attitude. Personally I think there are two mileage barriers. 50,000 and then 100,000 miles.

jimmy p

1,039 posts

195 months

Friday 21st February 2014
quotequote all
The other odd thing is that this mileage thing does not seem to effect 964 cars anywhere near as much, maybe the older the cars get the less significant it becomes?? Hopefully!!!

mollytherocker

14,460 posts

238 months

Friday 21st February 2014
quotequote all
jimmy p said:
The other odd thing is that this mileage thing does not seem to effect 964 cars anywhere near as much, maybe the older the cars get the less significant it becomes?? Hopefully!!!
You are spot on. In another 5 years or so, there will be few low mileage 993 left anyway. And they will be very expensive!



Edited by mollytherocker on Friday 21st February 21:39

fastgerman

2,001 posts

224 months

Friday 21st February 2014
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When I was pondering a 993 C2S, I thought 80k miles would be my max. I wouldn't have bought anything over 90k but I don't think there should be such a difference between 50-80k, 80-100k and so on but there is and this is the classic car market.

I was actually looking at a 993 for a weekend car and investment, it wouldn't be my last ever car. After more pondering, I didn't find it exciting enough but if finances allowed I would buy a load of sub 60k mile 993 wide bodies 2wd, manuals and 964 c2's. I reckon that could be 100% increase in 10 years on today's values?


therevday

374 posts

238 months

Friday 21st February 2014
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When I go looking for a car I buy on how it looks and drives. My 993 has only done 50k but I would have bought it if it had done 150k. My old 930 had 178k on the clock and was driven hard regulary.People who will not buy a car because of miles are missing out on some very good cars.I can not see the point of buying a low mileage car and then worrying about devaluing it by using it.I thought that problem was just for Ferrari and Lamborgini owners.silly

johnycarrera

1,935 posts

259 months

Friday 21st February 2014
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Totally depends who you are and what you want it for. I wouldn't let it put me off but would depend on a lot of other factors.

A low mileage mezger engine is "probably" better than a high mileage one

Genuinely don't know the difference between a 90k one and a 150k one though so maybe a qualified Porsche engineer will comment smile

mollytherocker

14,460 posts

238 months

Friday 21st February 2014
quotequote all
johnycarrera said:
Totally depends who you are and what you want it for. I wouldn't let it put me off but would depend on a lot of other factors.

A low mileage mezger engine is "probably" better than a high mileage one

Genuinely don't know the difference between a 90k one and a 150k one though so maybe a qualified Porsche engineer will comment smile
With no variables, of course a 90k will be better than a 150k. But thats not how it works.

All cars a treated and driven differently. The point is that mileage is virtually no indication of condition.

fastgerman

2,001 posts

224 months

Friday 21st February 2014
quotequote all
mollytherocker said:
johnycarrera said:
Totally depends who you are and what you want it for. I wouldn't let it put me off but would depend on a lot of other factors.

A low mileage mezger engine is "probably" better than a high mileage one

Genuinely don't know the difference between a 90k one and a 150k one though so maybe a qualified Porsche engineer will comment smile
With no variables, of course a 90k will be better than a 150k. But thats not how it works.

All cars a treated and driven differently. The point is that mileage is virtually no indication of condition.
I think if you don't know what you're looking for (as in problem areas), on average the car in question will be in better condition at 50k miles than 100k. The costs to get a car to look as new is often more than the price of buying a lower mileage model. I'm not saying this is every time but from what I've seen, it's the majority

roygarth

2,674 posts

277 months

Friday 21st February 2014
quotequote all
mollytherocker said:
The difference in value between 80k and 120k is probably circa 8k! It makes no sense!
The difference in value between 40k and 80k is far greater than £8k!

Orangecurry

7,791 posts

235 months

Friday 21st February 2014
quotequote all
993kimbo said:
I won't post this topic on the excellent 911uk Forum, of which I am a member, as it's gone a bit quiet over there...
EFA hehe

There are about three questions in your one simple question.

1) 100k has always been a barrier in the british psyche. You'll never remove that.

2) potential 993 buyers - a real bunch of nutters who usually also have issues with OCD - want everything to be as it left the factory but the car to be on sale for buttons.

3) 'buy on condition' is true, but no matter how well the mechanicals have been maintained/replaced, there's still the wear and tear on the interior and the general trashing of rubber and plastic by UV light that occurs with higher mileage cars, vs ones that get wrapped-up in a blanket/garage for 87% of their life.

If you want to enjoy a 993 it won't matter as much, but if you want to enjoy a 993 and plan to keep it forever, it does.

(for clarity, what I mean is)

If you want to keep the car forever, you want to find one that is in all-round best condition, and even if the mechanicals are good, you want the best interior and the least-used everything else.

Well I did, and I don't have any psychological problems, ohhh no.

Post that cartoon 'selling a 993' thing up here, go on.

Edited by Orangecurry on Friday 21st February 22:55

mollytherocker

14,460 posts

238 months

Friday 21st February 2014
quotequote all
roygarth said:
mollytherocker said:
The difference in value between 80k and 120k is probably circa 8k! It makes no sense!
The difference in value between 40k and 80k is far greater than £8k!
Definitely!

Orangecurry

7,791 posts

235 months

mollytherocker

14,460 posts

238 months