When your pride and joy becomes an "Ornament"

When your pride and joy becomes an "Ornament"

Author
Discussion

boxsey

3,575 posts

211 months

Friday 12th December 2014
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Trev450 said:
Cars are made to be driven - not looked at. If and when the time comes that you are reluctant to use something because of its value, then the pleasure of ownership is lost imo.

+1

My guess is that those that start treating their car as an ornament did not expect the windfall of it going up in value. The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place and therefore continue to use it as intended, regardless of what it might be worth now.

Scooty100

1,469 posts

117 months

Friday 12th December 2014
quotequote all
boxsey said:
+1

My guess is that those that start treating their car as an ornament did not expect the windfall of it going up in value. The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place and therefore continue to use it as intended, regardless of what it might be worth now.
Spot on. I think a few getting v bored of cars they cant drive now. I know I did

supermono

7,368 posts

249 months

Friday 12th December 2014
quotequote all
boxsey said:
The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place...
So you're pretty rich then. Well done smile

GT3cs

1,200 posts

242 months

Friday 12th December 2014
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No hibernation for this one ......

And roll on tomorrow , can't wait :-)

Far Cough

Original Poster:

2,239 posts

169 months

Friday 12th December 2014
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Scooty100 said:
Spot on. I think a few getting v bored of cars they cant drive now. I know I did
I think I would fall into the same category. Typically I sold my GT3 before they went stupidly stratospheric...so I can only comment from afar on what close friends are doing with theirs that they kept.
You must have much wealth to buy a car to only drive it the odd day in the year , a collector for example , but to find that the car you have used for a couple of years for fun and trackdays is now effectively being priced out of those markets as insurance companies shrink away from risk and as an end user of that car suffering higher and higher prices just to run it would get tiresome IMHO

FredBasset

295 posts

228 months

Friday 12th December 2014
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I've just sold my GT3, it did 1500 miles the first year I had it, 500 the next and 600 this year.

I bought it to enjoy a 911 and I did but it was not really suitable for me, nor did I want to use it as a daily driver. The increase in value was a nice bonus but I did fear ending up with something that you didn't want to drive hard.

I've replaced it with a 997 GTS and have driven a 911 nearly as much in the last two weeks as I have the rest of the year.

Regards
Fred

Scooty100

1,469 posts

117 months

Friday 12th December 2014
quotequote all
GT3cs said:



No hibernation for this one ......

And roll on tomorrow , can't wait :-)
Good man never thought id see your garage with a dirty car in there BUT I like it!


Scooty100

1,469 posts

117 months

Friday 12th December 2014
quotequote all
Far Cough said:
I think I would fall into the same category. Typically I sold my GT3 before they went stupidly stratospheric...so I can only comment from afar on what close friends are doing with theirs that they kept.
You must have much wealth to buy a car to only drive it the odd day in the year , a collector for example , but to find that the car you have used for a couple of years for fun and trackdays is now effectively being priced out of those markets as insurance companies shrink away from risk and as an end user of that car suffering higher and higher prices just to run it would get tiresome IMHO
I found the talking about it and not driving it v dull in the end.

I now got two well sorted cars and can enjoy and don't stress over.

ttdan

1,091 posts

194 months

Friday 12th December 2014
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Insurance is potentially going up a bit but insurance for track days is still very gettable, except for maybe the Nordschliefe and even that isn't impossible. Yes it can all cost a bit more, car has risen in value, still a net gain at the end of the day. Keep driving it is what I'd suggest.

Far Cough

Original Poster:

2,239 posts

169 months

Saturday 13th December 2014
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FredBasset said:
I've just sold my GT3, it did 1500 miles the first year I had it, 500 the next and 600 this year.
500 miles in one whole year !! I`d want way "more" enjoyment out of it than that. To drive to a trackday , complete the day and drive home again would see off 500 miles. Not sure I could justify or want a car I used once a year wink but your post does make the thread point beautifully.

boxsey

3,575 posts

211 months

Saturday 13th December 2014
quotequote all
supermono said:
boxsey said:
The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place...
So you're pretty rich then. Well done smile
Nope. I think I'm probably poor compared to the average Porsche owner. I count my self lucky that I bought a great car at the right time and simply use it without thinking about what it might be worth now.

Inverted

2,164 posts

210 months

Saturday 13th December 2014
quotequote all
boxsey said:
supermono said:
boxsey said:
The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place...
So you're pretty rich then. Well done smile
Nope. I think I'm probably poor compared to the average Porsche owner. I count my self lucky that I bought a great car at the right time and simply use it without thinking about what it might be worth now.
+1 I think at current prices, sensible head would have taken over and I would buy what I did. I just count myself very lucky I bought when I did.

Far Cough

Original Poster:

2,239 posts

169 months

Sunday 14th December 2014
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Just reading the other thread about Steve Rance who has just bought a 7.1 GT3 where he comments on how much the RS`s have shot up in price making tracking them a bit more of a risky proposition....

Trev450

6,326 posts

173 months

Sunday 14th December 2014
quotequote all
Far Cough said:
Just reading the other thread about Steve Rance who has just bought a 7.1 GT3 where he comments on how much the RS`s have shot up in price making tracking them a bit more of a risky proposition....
Yes good example and one of the reasons he went for a 7.1 clubsport. Not cheap but still exellent value when you compare what little difference there is between them and the 7.1 RS.


FredBasset

295 posts

228 months

Sunday 14th December 2014
quotequote all
Far Cough said:
500 miles in one whole year !! I`d want way "more" enjoyment out of it than that. To drive to a trackday , complete the day and drive home again would see off 500 miles. Not sure I could justify or want a car I used once a year wink but your post does make the thread point beautifully.
Indeed, hence why I've sold it and got a 997 GTS. I had every intention of using the GT3 for track days and fun, unfortunately work got really busy and as my daughter got older I was getting less and less chance to use it.

That said I've got an Evo VI that did even less miles!

Regards
Fred

Trev450

6,326 posts

173 months

Sunday 14th December 2014
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FredBasset said:
That said I've got an Evo VI that did even less miles!

Regards
Fred
Me too, but mine averages about 2000 miles a year. Which model have you got?

FredBasset

295 posts

228 months

Sunday 14th December 2014
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I'll PM you to avoid derailing the thread.

Regards
Fred

Trev450

6,326 posts

173 months

Monday 15th December 2014
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FredBasset said:
I'll PM you to avoid derailing the thread.

Regards
Fred
Received and replied. smile

mm450exc

564 posts

179 months

Monday 15th December 2014
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Oh dear...

Put on 10k miles on my 997.2 GT3 this year. Only 8 track days... I feel bad! Should have done at least 20.