High mileage Porsche's
Discussion
hairy v said:
If you need any inspiration: million km Porsche
Thanks! Wowzers! Also, not sure if a coincidence but you wrote that post at 9:11Good news ... it's a high mileage car you've bought at a sensible price.
Bad news ... it's a high mileage car you'll have to sell at a sensible price.
If you are looking at it purely from a resale value, then with that mileage there's going to be no real difference in value whether you lavish all the preventative maintenance you can on it ... or whether you run it on a shoe string budget.
If you look at it from an ownership proposition ... do you get value from the extra enjoyment (and peace of mind) of knowing it's in tip-top condition, or are you just happy to be driving a Porsche for such a reasonable sum of money?
It's that second question that is going to determine whether any money spent on it would be 'wasted' or not.
Bad news ... it's a high mileage car you'll have to sell at a sensible price.
If you are looking at it purely from a resale value, then with that mileage there's going to be no real difference in value whether you lavish all the preventative maintenance you can on it ... or whether you run it on a shoe string budget.
If you look at it from an ownership proposition ... do you get value from the extra enjoyment (and peace of mind) of knowing it's in tip-top condition, or are you just happy to be driving a Porsche for such a reasonable sum of money?
It's that second question that is going to determine whether any money spent on it would be 'wasted' or not.
Hoofy said:
Your reasoning makes sense. At least you know what needs doing to keep it going.
At what point might the engine need refreshing? (Or is that a stupid question?)
At what point might the engine need refreshing? (Or is that a stupid question?)
Yeah that's also what I'm not sure about. Because I've heard of these engines going past 300k miles. Mine has been maintained and serviced regularly and there's no evidence of bore scoring. IMS was replaced too.
Rotary Potato said:
Good news ... it's a high mileage car you've bought at a sensible price.
Bad news ... it's a high mileage car you'll have to sell at a sensible price.
If you are looking at it purely from a resale value, then with that mileage there's going to be no real difference in value whether you lavish all the preventative maintenance you can on it ... or whether you run it on a shoe string budget.
If you look at it from an ownership proposition ... do you get value from the extra enjoyment (and peace of mind) of knowing it's in tip-top condition, or are you just happy to be driving a Porsche for such a reasonable sum of money?
It's that second question that is going to determine whether any money spent on it would be 'wasted' or not.
Fair enough, that's true. I'm not really worried about what I get for it as I think what you get it out of it enjoyment wise is what matters. The real question is whether I'm throwing good money after bad so to speak, which I don't think I am but was interested in people's opinions. Bad news ... it's a high mileage car you'll have to sell at a sensible price.
If you are looking at it purely from a resale value, then with that mileage there's going to be no real difference in value whether you lavish all the preventative maintenance you can on it ... or whether you run it on a shoe string budget.
If you look at it from an ownership proposition ... do you get value from the extra enjoyment (and peace of mind) of knowing it's in tip-top condition, or are you just happy to be driving a Porsche for such a reasonable sum of money?
It's that second question that is going to determine whether any money spent on it would be 'wasted' or not.
The question really is what do you want. Realistically you are never going to get your investment back by maintaining a leggy 20-year-old Boxster. It will only ever be a labour of love.
If you are concerned about residuals and not losing money, you have the wrong car. Get rid of it, as soon as you can.
If you are looking to cherish and maintain a great car and enjoy the driving experience, then accept that you'll have to spend a potentially large amount money that you're never going to see again.
My 996 is closing up on 185,000 miles. It's cost me more than I would like to say in the seven years I've had it, probably three times what the car is actually worth. But it drives sweet as anything - took it from Reading to Edinburgh and back last weekend including 200 miles blasting round the Borders. That's worth the maintenance cost to me.
If you are concerned about residuals and not losing money, you have the wrong car. Get rid of it, as soon as you can.
If you are looking to cherish and maintain a great car and enjoy the driving experience, then accept that you'll have to spend a potentially large amount money that you're never going to see again.
My 996 is closing up on 185,000 miles. It's cost me more than I would like to say in the seven years I've had it, probably three times what the car is actually worth. But it drives sweet as anything - took it from Reading to Edinburgh and back last weekend including 200 miles blasting round the Borders. That's worth the maintenance cost to me.
cantstopbuyingcars said:
Hoofy said:
Your reasoning makes sense. At least you know what needs doing to keep it going.
At what point might the engine need refreshing? (Or is that a stupid question?)
At what point might the engine need refreshing? (Or is that a stupid question?)
Yeah that's also what I'm not sure about. Because I've heard of these engines going past 300k miles. Mine has been maintained and serviced regularly and there's no evidence of bore scoring. IMS was replaced too.
https://www.hartech.org/porsche-engine-rebuilds/re...
It isn't really that bad if you're then going to keep using it. Cheaper than buying a Boxster for £10k and it letting go of something.
Interesting thing to consider!
deckster said:
The question really is what do you want. Realistically you are never going to get your investment back by maintaining a leggy 20-year-old Boxster. It will only ever be a labour of love.
If you are concerned about residuals and not losing money, you have the wrong car. Get rid of it, as soon as you can.
If you are looking to cherish and maintain a great car and enjoy the driving experience, then accept that you'll have to spend a potentially large amount money that you're never going to see again.
My 996 is closing up on 185,000 miles. It's cost me more than I would like to say in the seven years I've had it, probably three times what the car is actually worth. But it drives sweet as anything - took it from Reading to Edinburgh and back last weekend including 200 miles blasting round the Borders. That's worth the maintenance cost to me.
Really helpful input and makes sense- thanks a lot!If you are concerned about residuals and not losing money, you have the wrong car. Get rid of it, as soon as you can.
If you are looking to cherish and maintain a great car and enjoy the driving experience, then accept that you'll have to spend a potentially large amount money that you're never going to see again.
My 996 is closing up on 185,000 miles. It's cost me more than I would like to say in the seven years I've had it, probably three times what the car is actually worth. But it drives sweet as anything - took it from Reading to Edinburgh and back last weekend including 200 miles blasting round the Borders. That's worth the maintenance cost to me.
Hoofy said:
Hm. Let's say your car needs a refurb at 200k.
https://www.hartech.org/porsche-engine-rebuilds/re...
It isn't really that bad if you're then going to keep using it. Cheaper than buying a Boxster for £10k and it letting go of something.
Interesting thing to consider!
Cheers for that- doesn’t look too bad!https://www.hartech.org/porsche-engine-rebuilds/re...
It isn't really that bad if you're then going to keep using it. Cheaper than buying a Boxster for £10k and it letting go of something.
Interesting thing to consider!
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