Remember those sub £10k 996s from a few years ago?

Remember those sub £10k 996s from a few years ago?

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Discussion

was8v

Original Poster:

1,580 posts

134 months

Monday 5th November 2018
quotequote all
Well I bought one, in June 2013 actually. Here is my experience so far in case anyone else is curious about the cars or tempted to buy one.

It is an MY99 with a build date of November 1998 so is exactly 20 years old this month, and I have owned it for over a quarter of its life.

This was the tantalising advert:


Spotted it on eBay, no bids, listed as "grey" but i knew from the photos it was was not simply "grey" as listed on the V5. Terrible advert but that is where the deals are to be done. He who dares Rodney etc. So I took a train up to Fife to see it. I love getting trains long distance to see cars, I can work on the train and its a fun day out. Usually sellers will meet you at a nearby train station, but Its very awkward asking for a taxi number when you don't buy their car.....



This was the 4th 996 sub £10k I had seen, all were described as good cars, but none were. This one was rare in that everything worked - air con, clutch, windows, window drop on door open, sunroof the lot, the car had no gremlin electrical faults. However something was knocking like a trooper on rough surfaces and the front end alignment was out of whack- I figured suspension on a 14 year old car would need attention anyway and is fairly easy to do - I could see no damage or anything untoward.

On the whole it was the best sub £10k car I saw and the rare colour was the icing on the cake. The seller had run 19" 997 wheels, swapped to 17" C4 wheels for the sale, thats fine - big wheels ruin the ride as I found on previous test drives.

We shook on it and I drove it home, listening to the seller's CDs (one of the pleasures of buying privately is the random music you acquire).

I was like a kid in a sweet shop, I had a 911! Me? a 911?! What has gone on in the world that means a 911 -the worlds best all round performance car - is affordable by me?!

Well I would soon find out the true cost over the next 5 years.

Edited by was8v on Wednesday 7th November 09:29

soad

29,561 posts

115 months

Monday 5th November 2018
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coffee

TTmonkey

14,577 posts

186 months

Monday 5th November 2018
quotequote all
Waiting.

Podie

45,320 posts

214 months

Monday 5th November 2018
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soad said:
coffee
yes

Following with interest..

Mr lestat

2,092 posts

129 months

Monday 5th November 2018
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Well?
Advertisement

Mr Tidy

7,641 posts

66 months

Monday 5th November 2018
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Really looking forward to this - I'm one of those wishing I had been brave enough 4/5 years ago, because I'll never afford one now! frown

carphotographer

362 posts

134 months

Monday 5th November 2018
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and.......

TR4man

3,122 posts

113 months

Monday 5th November 2018
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Well?

Come on then, we're waiting.

mikey P 500

1,020 posts

126 months

Monday 5th November 2018
quotequote all
I am only 6 months into my early 996 ownership, and keen to see what I might have to look forward to over next 4 and half years.
Keep the posts coming.

eltax91

7,898 posts

145 months

Monday 5th November 2018
quotequote all
Mr Tidy said:
Really looking forward to this - I'm one of those wishing I had been brave enough 4/5 years ago, because I'll never afford one now! frown
I bought mine last February for £9k. They are still out there at affordable money.

seiben

1,626 posts

73 months

Monday 5th November 2018
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As someone who almost did this, then opted for an £8k E39 M5 instead, I am very much in yes

wjb

3,191 posts

70 months

Monday 5th November 2018
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Didn't stretch to a 911, but did pick up a Cayenne at under £5k. There a defo bargains out there.

Watching with interest, especially as there are still a few cheap ones knocking about on auto trader.

Podie

45,320 posts

214 months

Tuesday 6th November 2018
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Still waiting... frown

smifffymoto

2,677 posts

144 months

Tuesday 6th November 2018
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I think he is still away counting the bills......

was8v

Original Poster:

1,580 posts

134 months

Tuesday 6th November 2018
quotequote all
Thanks for the interest!

Well when I got it home I took stock of what I'd bought.

Its actually Vesuvio Grey Metallic 40X, a fairly rare special order colour on the 996. Also being an MY'99 it has a cable throttle and no PASM to get in the way of me wrapping it round a tree.

As I would later find out, these early 3.4 had the strongest IMS bearings meaning very few failures.

They also have a more robust ferrous coating on the pistons which does not disintegrate unlike the 3.6, meaning the bores have a much better chance of getting to old age.

I knew none of this before buying, I just bought at the bottom of the market from a bad advert.

There was absolutely nothing wrong with the engine, stonking drive home. There was the aforementioned knock from the front right, and the tracking was off meaning the wheel was not dead ahead. The tyres were ten years old relics and there was a dubious laser jammer fitted (which I think I had "on" on the drive home not knowing what the switch was for.....).

The car not only had a "full service history" but the kind of history Porsche buyers dream of. The car was supplied to the channel islands, and then moved to London and then Scotland. The book was stamped with a "who's who" of OPCs and thousands spent at specialists including Jaz and SP Autobahn. Old receipts were not present, but later supplied by a serendipitous encounter with a previous owner, he told me the car had won a TIPEC concourse a few years earlier looking like this - shortly after having some bodywork repaired after a bit of an accident:



I have this condition inherited from my dad that means I can't bring myself to pay someone else to do something that I could do myself, even if it takes me ten times longer. So I have done all my own spannering.

Dad also taught me the value of compound interest and an early retirement, so I'm also tight and don't like spending money. So I've not done anything really unnecessary, and searched out the best value OE manufacturer replacement parts.

Now I reckon cars are engineered to last 15 years. So buying a 14 year old car I knew I'd be constantly replacing parts - I'd had Golf GTIs etc of similar vintage and didn't expect a Porsche to be any different. But, this age is usually the bottom of the depreciation curve so for someone with skills to maintain a car it makes some kind of sense (tell that to my wife).

Here is how it looks at the moment:


I've kept a spreadsheet of every expense which I will go through year by year in the next posts.

I've had it for 5 years and about 30k miles.

Edited by was8v on Tuesday 6th November 10:15


Edited by was8v on Tuesday 6th November 10:17

croyde

15,227 posts

169 months

Tuesday 6th November 2018
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Loving this. Well done.

I must look after my daily, an owned since 1998 e36, better.

roboxm3

2,087 posts

134 months

Tuesday 6th November 2018
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Followng with interest...

I'm 6 months into 986 Boxster S ownership and am working my way through the 15 year maintenance requirements bit by bit, so I'd be partcularly interested to hear about your parts sourcing.

johnwilliams77

5,177 posts

42 months

Tuesday 6th November 2018
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Very nice.
Nice spoiler removal!

was8v

Original Poster:

1,580 posts

134 months

Tuesday 6th November 2018
quotequote all
johnwilliams77 said:
Very nice.
Nice spoiler removal!
Thanks! but the spoiler is the standard one. It can be electrically raised for cleaning which is how it is in that shot.

Michaelbailey

163 posts

45 months

Tuesday 6th November 2018
quotequote all
yeah also v interested in this. Im holding my breath!