A bit of help needed re: GT3
Discussion
I found myself looking around the local Porsche dealership today, in particularly at a 53 plate GT3 (priced @ £ 66,000).
Sat there having a word with one of the sales guys re finance options, as originally I was intending to put £ 16,000, which worked out at 24 payments of around £ 875 & a final balloon of £ 37,000.
However, he suggested that the most common way would be to put 10% deposit down & finance it over 4 years, this would increase monthly payments to £ 967 with a final balloon of £ 30,370.
Now, I would only expect to keep the car a couple of years, hence my original 24 months plan, and wondered it what he said was correct, i.e, 48 months would still be probably better as I would still be able to get rid of it in 2 years, and not be stung for the additional interest I would pay if I did keep it 4 years (i.e £74,000 or £83,000 in total).
Is it just me, or is something not right ?
Oh, and how easy would a GT3 be to live with as an everyday car ?
The reason for looking at that particular model was, the 997 looks at tad dull, can't afford a GT2 (or at least if anything went wrong with it), and as much as I like the Turbo (how fast is Rods), it all seems a little too easy in it.
Thoughts ?
Sat there having a word with one of the sales guys re finance options, as originally I was intending to put £ 16,000, which worked out at 24 payments of around £ 875 & a final balloon of £ 37,000.
However, he suggested that the most common way would be to put 10% deposit down & finance it over 4 years, this would increase monthly payments to £ 967 with a final balloon of £ 30,370.
Now, I would only expect to keep the car a couple of years, hence my original 24 months plan, and wondered it what he said was correct, i.e, 48 months would still be probably better as I would still be able to get rid of it in 2 years, and not be stung for the additional interest I would pay if I did keep it 4 years (i.e £74,000 or £83,000 in total).
Is it just me, or is something not right ?
Oh, and how easy would a GT3 be to live with as an everyday car ?
The reason for looking at that particular model was, the 997 looks at tad dull, can't afford a GT2 (or at least if anything went wrong with it), and as much as I like the Turbo (how fast is Rods), it all seems a little too easy in it.
Thoughts ?
From what they were saying, if I exited early, the most I would/could be stung for is 2 months interest, hence why they said it would not be a problem.
With regards to selling the car with finance outstanding, surely whoever buys it can write 2 cheques, ie, one to the finance company to cover the amount owed & the remainder to the seller, ie me ? Does not not work like that (never done it before) ?
With regards to selling the car with finance outstanding, surely whoever buys it can write 2 cheques, ie, one to the finance company to cover the amount owed & the remainder to the seller, ie me ? Does not not work like that (never done it before) ?
Obviously I will go through the paper more thoroughly, as today was only a quick 15 minute chat, but he did say I would not be stung for the total interest, only 2 months (should I sell early).
Whats rule 78 ?
The car I was looking at silver (how dull), although told him I wasn't interested in that one. Personally, would be going for, 1st choice Red, 2nd choice Black. As much as I love the yellow ones, I don't think I could bring myself to drive one every day.
Whats rule 78 ?
The car I was looking at silver (how dull), although told him I wasn't interested in that one. Personally, would be going for, 1st choice Red, 2nd choice Black. As much as I love the yellow ones, I don't think I could bring myself to drive one every day.
Come on guys, help me out here.
Other thing, what spec. should I be looking for in particular, the car in question had these:
18-inch GT3 wheel
Aerokit Boxster II / Aerokit Cup II
Alarm system (435 Mhz)
Aluminium-coloured instrument dials
Automatic air conditioning
CD storage
Coloured seat belts, Guards Red
Front section of centre console
Headlight pack including cleaning system
On-board computer
Porsche CDR 23 radio
Porsche Crest embossed on head restraints
Rear axle differential lock
Six-speed manual gearbox
Sports seats combined with leather package
Wheel centre set
Windscreen with green top tint
Without rear window wiper
Without sliding/tilting sunroof
Would love the bucket seats, but suspect they would end up causing more hassle than they are worth (with it being used every day). Or am I wrong ?
>> Edited by hobo on Wednesday 23 March 06:48
Other thing, what spec. should I be looking for in particular, the car in question had these:
18-inch GT3 wheel
Aerokit Boxster II / Aerokit Cup II
Alarm system (435 Mhz)
Aluminium-coloured instrument dials
Automatic air conditioning
CD storage
Coloured seat belts, Guards Red
Front section of centre console
Headlight pack including cleaning system
On-board computer
Porsche CDR 23 radio
Porsche Crest embossed on head restraints
Rear axle differential lock
Six-speed manual gearbox
Sports seats combined with leather package
Wheel centre set
Windscreen with green top tint
Without rear window wiper
Without sliding/tilting sunroof
Would love the bucket seats, but suspect they would end up causing more hassle than they are worth (with it being used every day). Or am I wrong ?
>> Edited by hobo on Wednesday 23 March 06:48
Cheers Martyn, hopefully meet again soon.
Didn't hang around until the end at Vmax as my mate was bored. Think I will definatley be going alone to the next one as I found myself not driving that much so as not to leave him.
Probably should hav stayed away full stop as it might end up costing me
For the money, as you say, I could pretty much get any model, the problem with the GT2 is that I would be scared of the repair costs, etc, should anything go wrong, and also not having driven cars with that much power before, may be a bit early yet. I'm going to test drive a Turbo & a GT3 back to back, and see what I think. Just like the idea of the GT3, like the T350 but more power, better control & improved reliability.
Only other foreseeable problem, is turning up to clients in a circa 65k car, not great in my industry (can only just get away with the TVR).
Other half wants me to swap for the porsche as long as its yellow
Didn't hang around until the end at Vmax as my mate was bored. Think I will definatley be going alone to the next one as I found myself not driving that much so as not to leave him.
Probably should hav stayed away full stop as it might end up costing me
For the money, as you say, I could pretty much get any model, the problem with the GT2 is that I would be scared of the repair costs, etc, should anything go wrong, and also not having driven cars with that much power before, may be a bit early yet. I'm going to test drive a Turbo & a GT3 back to back, and see what I think. Just like the idea of the GT3, like the T350 but more power, better control & improved reliability.
Only other foreseeable problem, is turning up to clients in a circa 65k car, not great in my industry (can only just get away with the TVR).
Other half wants me to swap for the porsche as long as its yellow
johnny senna said:
I was shocked at the figures you quote for finance. The monthly payments over 2 years add up to 21 grand, the deposit is 16 grand....that's a total of 37 grand over 2 years.....then you walk away from the car.
Having lost 37 grand.
Not quite, the final balloon to pay would be less than the value of the car, i.e £37k whereas what would be car be worth ? 50k still ? So, in theory I would lose nearer 25k in 2 years.
Stop talking me out of it
I think I'm a bit scared of a GT2
I know what you're saying about driving an older LHD car, but honestly couldn't do it, I like my newer cars & also being able to see when overtaking
With regards to the finance, maybe thats why the 4 year option makes more sense. In total you are payment 83k but the car has found its 'level' circa 50k & there I would 'only' be loosing 33k in 4 years, as opposed to the 27k doing it the 2 year way.
Hmm. Need to look into this a bit more me thinks.
Anyone know the ride height of a GT3 ? The T350 is 100mm, and although you do have to go slowly over speed bumps, its not a huge problem for where I mainly go.
With regards to the finance, maybe thats why the 4 year option makes more sense. In total you are payment 83k but the car has found its 'level' circa 50k & there I would 'only' be loosing 33k in 4 years, as opposed to the 27k doing it the 2 year way.
Hmm. Need to look into this a bit more me thinks.
Anyone know the ride height of a GT3 ? The T350 is 100mm, and although you do have to go slowly over speed bumps, its not a huge problem for where I mainly go.
Most GT3's in dealers, for 53 or 04, seem to be circa 67k. I ask my dealer what the chances of getting a red or yellow one in was, and he said they didn't want any more in at the moment, so unlikely.
So, 67k asking price, what would you expect to get it for ? Do Porsche 'move' much ?
So, 67k asking price, what would you expect to get it for ? Do Porsche 'move' much ?
Went to look at a red GT3 yesterday at Sheffield, and still not sure. Don't think its the model, still not sure about Porsche in whole. Obviously I know how good they are, just not sure.
Also found myself at HL Gorner in the afternoon, looking at thier Sagaris. WOW. Now thats a car. Would like to know how much faster it is that the standard T350, but no 'confirmations' yet. Dealer reckons its a lot faster, and is saying that the engine is producing more power than the Tuscan S, so should be seriously quick.
In all, really not sure which way to go. I would love the Porsche, a change of marque and all that, but suspect they are going to seriously shaft me on the trade in, which means selling privately, which could take months. Whereas TVR are offering good money as a trade in & could have a Sagaris (to my spec, brand new) in May/June.
Really, really, not sure. Think I'll have to see what Porsche come back with.
But there's just something about TVR's that keeping me interested.
Also found myself at HL Gorner in the afternoon, looking at thier Sagaris. WOW. Now thats a car. Would like to know how much faster it is that the standard T350, but no 'confirmations' yet. Dealer reckons its a lot faster, and is saying that the engine is producing more power than the Tuscan S, so should be seriously quick.
In all, really not sure which way to go. I would love the Porsche, a change of marque and all that, but suspect they are going to seriously shaft me on the trade in, which means selling privately, which could take months. Whereas TVR are offering good money as a trade in & could have a Sagaris (to my spec, brand new) in May/June.
Really, really, not sure. Think I'll have to see what Porsche come back with.
But there's just something about TVR's that keeping me interested.
Test drove the Sagaris today, and does seem a 'big' improvement over the T350. The way is handled was just sublime. Quality a huge improvement. Main problem, as such, was that the car was still being run in & therefore were not allowed to 'press on'.
With regards the Porsche, yet another day has slipped past without them calling. Am due to be test driving the GT3 next saturday, so will wait & see. Are they always like this ? or is it just a one off ?
Out of interest, regarding the TVR. How much difference do you think a close ratio box would have to the staight line speed ? I only ask as at Vmax I suspect the reason for the relatively slow times was due to the car falling out of its power band when changing from 4th to 5th gear.
With regards the Porsche, yet another day has slipped past without them calling. Am due to be test driving the GT3 next saturday, so will wait & see. Are they always like this ? or is it just a one off ?
Out of interest, regarding the TVR. How much difference do you think a close ratio box would have to the staight line speed ? I only ask as at Vmax I suspect the reason for the relatively slow times was due to the car falling out of its power band when changing from 4th to 5th gear.
MOD500 said:
My personal experiences with OPC's are not good, though many folk on here have been treated great by them. I have found indie dealers much better.
Have you looked at the GT3's here:
www.specialistcarsltd.co.uk/swap/gt3black.htm
www.specialistcarsltd.co.uk/swap/Silver996GT3.htm
I have no personal interest in Malton, I have just found their service excellent.
Not sure about the close ratio box thing to be honest.
Cheers Martyn
Went over there this afternoon to look at the black GT3, but ended up spending more time looking at 2 other cars:
The silver GT3 @ £75k & more seriously, the yellow GT2 @ 80k.
In all honesty, the GT2 seemed the better buy. The difference in finance was £40 per month, but surely the GT2 won't depreciate much more, whereas the GT3 may.
Awaiting Don to call tomorrow with a trade in figure on the TVR.
Could be an expensive trip
Glad I went though, and seriously the GT2 does seem a bargain at that money.
I shall see.
Martyn,
Not sure on the yellow to be honest.
Am going to phone Porsche Bristol to speak to them about there silver GT2. If feedback is ok then I will take a trip down at the weekend.
My main reservation about the GT2, or indeed the GT3, is the fact that I live in a Victorian Terrace House, which happens not to have a garage, so the car would be parked on a street outside all the time.
I really don't want waking up in the middle of the night by some guys who want the car more than me.
I know you can't let pricks like that rule your life, but don't want to put other people in danger because of a car.
Saying that the TVR's been fine.
Couldn't sleep last night for thinking that I could quite easily have my dream car within the next couple of weeks (GT2). Even the insurance isn't 'too' bad.
Who said buying a car was easy ?
Oh, and if there are any thiefs reading this mail, you should know that I have 2 very big dogs
Not sure on the yellow to be honest.
Am going to phone Porsche Bristol to speak to them about there silver GT2. If feedback is ok then I will take a trip down at the weekend.
My main reservation about the GT2, or indeed the GT3, is the fact that I live in a Victorian Terrace House, which happens not to have a garage, so the car would be parked on a street outside all the time.
I really don't want waking up in the middle of the night by some guys who want the car more than me.
I know you can't let pricks like that rule your life, but don't want to put other people in danger because of a car.
Saying that the TVR's been fine.
Couldn't sleep last night for thinking that I could quite easily have my dream car within the next couple of weeks (GT2). Even the insurance isn't 'too' bad.
Who said buying a car was easy ?
Oh, and if there are any thiefs reading this mail, you should know that I have 2 very big dogs
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