A bit of help needed re: GT3
Discussion
hobo
I've only had my GT3 for 6 months, but I've been using it for day to day driving (not too far) for the pure thrill of the journey to/from work -> it softens the blow of the early start and working late when the roads are open.
I tried out both the Turbo and GT3 when I bought and was blown away by the GT3 as it was much more involving - although I went for the comfort version
However that thrill is wearing off and its soon to be kept for weekends and forthcoming tracking over the summer.
Leaving it at client sites doesn't tend to be the problem - particularly if you are fine with the tvr. It will grab attention, but I tend to be more worried about incidental damage. That very much depends on the type of clients you worth with.......
You will see it in other threads, but the main consideration for every day driving are the bane of speed bumps, however they are not too difficult to manage as long as you drive carefully and go VERY slow.
Hope you sort the finance side out. Its a great car to have.
I've only had my GT3 for 6 months, but I've been using it for day to day driving (not too far) for the pure thrill of the journey to/from work -> it softens the blow of the early start and working late when the roads are open.
I tried out both the Turbo and GT3 when I bought and was blown away by the GT3 as it was much more involving - although I went for the comfort version
However that thrill is wearing off and its soon to be kept for weekends and forthcoming tracking over the summer.
Leaving it at client sites doesn't tend to be the problem - particularly if you are fine with the tvr. It will grab attention, but I tend to be more worried about incidental damage. That very much depends on the type of clients you worth with.......
You will see it in other threads, but the main consideration for every day driving are the bane of speed bumps, however they are not too difficult to manage as long as you drive carefully and go VERY slow.
Hope you sort the finance side out. Its a great car to have.
aasc said:
Does anyone have figures of how many GT3's have been produced. Vaguely recall reading somewhere that 996's have been produced in very much larger numbers than any previous 911 incarnation. This may also partly explain why 996 prices are generally lower than 993 for instance. OK I'm hoping for a GT3 at 964RS money...
This isn't really true, most 993's are under 30k while most 996's are 30k plus.
The way the Porsche Finance balanced payment scheme works is that you agree how much you're borrowing, how much ablloon you want and get a monthly payment worked out. You're actually paying interest calculated on a daily basis, at a variable rate.
The less you borrow (i.e. bigger deposit) and the faster you pay it off (i.e. monthly payments) the less your total interest is over the term. You can also make additional payments to reduce the capital, I went for a relatively conservative deposit and monthly payment, but I'll bung in any spare cash when it's available which willm mean I'm paying less interest and will have a smaller balloon.
Regarding practicality I've been really impressed with mine. It really is an awesome car to drive, and in my opinion is very civilised on the road - much more comfortable and refined than I expected. Mind you I've come from an Evo VII and an Ultima
The less you borrow (i.e. bigger deposit) and the faster you pay it off (i.e. monthly payments) the less your total interest is over the term. You can also make additional payments to reduce the capital, I went for a relatively conservative deposit and monthly payment, but I'll bung in any spare cash when it's available which willm mean I'm paying less interest and will have a smaller balloon.
Regarding practicality I've been really impressed with mine. It really is an awesome car to drive, and in my opinion is very civilised on the road - much more comfortable and refined than I expected. Mind you I've come from an Evo VII and an Ultima
I've just used mine to move to my new place in Barcelona and you wouldn't believe how much stuff you can fit in behind the Recaros! It felt very heavy - not it's usual nimble self - but 100 mph for 13 hours and no hassle. Brilliant car. And now I can enjoy the mountain roads of Catalunya and the odd MotoGP race.
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.
Hi Mark
Did you drive the GT3? If not, do test drive one, along with a turbo and GT2.
I had the same doubts regards Porsche as a marque like you are, they are very different. As you are aware they are not as quirky as a TVR. But, 911's are much better engineered, durable, and have such depth to their dynamic envelope they allow you to grow into them...i.e. they both engage novice and reward experienced hands. The results of last Sunday bear witness to the above!
Another big advantage I have found (which is more specific to the 4WD turbo) is that you can go hooning in all weathers. Rain stops play in a TVR to a large degree.
The Sagaris will be a blast, but test drive one of course!
You can't go wrong what ever you buy IMHO, as long as the promised improved build quality and integrity of the TVR has been honoured.
Let us know how you go on!
Thanks
Martyn.
Did you drive the GT3? If not, do test drive one, along with a turbo and GT2.
I had the same doubts regards Porsche as a marque like you are, they are very different. As you are aware they are not as quirky as a TVR. But, 911's are much better engineered, durable, and have such depth to their dynamic envelope they allow you to grow into them...i.e. they both engage novice and reward experienced hands. The results of last Sunday bear witness to the above!
Another big advantage I have found (which is more specific to the 4WD turbo) is that you can go hooning in all weathers. Rain stops play in a TVR to a large degree.
The Sagaris will be a blast, but test drive one of course!
You can't go wrong what ever you buy IMHO, as long as the promised improved build quality and integrity of the TVR has been honoured.
Let us know how you go on!
Thanks
Martyn.
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.
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.
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.
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.
hobo 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:
<a href="http://www.specialistcarsltd.co.uk/swap/gt3black.htm">www.specialistcarsltd.co.uk/swap/gt3black.htm</a>
<a href="http://www.specialistcarsltd.co.uk/swap/Silver996GT3.htm">www.specialistcarsltd.co.uk/swap/Silver996GT3.htm</a>
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.
Wow......GT2!! Superb.
Don't forget that the official Porsche network have a GT2 for £69,995.
10 grand less........
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
Rule of 78 explained for info (thanks Google)
Glossary:The Rule of 78
Updated March 2004
When you borrow a sum of money from a bank or other lender, you usually arrange to repay the loan with a fixed interest rate by a specific date in a set number of equal installments. The rule of 78 is one way in which lenders calculate how much interest you should have paid at any stage during the repayment period of a fixed rate installment loan.
Where does "78" come from? The number derives from the 12 monthly parts of a one-year period. The sum of those parts (12+11+10+9+8+7+6+5+4+3+2+1) is 78. Thus, for a loan with a one-year duration, the lender expects you to pay 12/78ths of the interest in month one, 11/78ths in month two and so on down to 1/78th in month twelve.
The rule of 78 takes into consideration the fact that you pay more interest in the beginning of a loan when you have the use of more of the money and you pay less interest as the debt is reduced. Because each repayment installment is the same size, the part going to pay off the amount borrowed increases over time and the part representing interest decreases.
Should you decide to repay a loan early, the lending institution will use the rule of 78 to determine how much interest you do not have to pay. However, you may be unpleasantly surprised by how much of the capital sum of your loan remains outstanding.
The key point is that the interest you are charged on the sum you have borrowed is NOT spread evenly over the number of payments you have agree to make. Thus in the early period of your loan's life span you have been paying more interest and less capital, reducing the outstanding amount more slowly than you may have assumed.
Glossary:The Rule of 78
Updated March 2004
When you borrow a sum of money from a bank or other lender, you usually arrange to repay the loan with a fixed interest rate by a specific date in a set number of equal installments. The rule of 78 is one way in which lenders calculate how much interest you should have paid at any stage during the repayment period of a fixed rate installment loan.
Where does "78" come from? The number derives from the 12 monthly parts of a one-year period. The sum of those parts (12+11+10+9+8+7+6+5+4+3+2+1) is 78. Thus, for a loan with a one-year duration, the lender expects you to pay 12/78ths of the interest in month one, 11/78ths in month two and so on down to 1/78th in month twelve.
The rule of 78 takes into consideration the fact that you pay more interest in the beginning of a loan when you have the use of more of the money and you pay less interest as the debt is reduced. Because each repayment installment is the same size, the part going to pay off the amount borrowed increases over time and the part representing interest decreases.
Should you decide to repay a loan early, the lending institution will use the rule of 78 to determine how much interest you do not have to pay. However, you may be unpleasantly surprised by how much of the capital sum of your loan remains outstanding.
The key point is that the interest you are charged on the sum you have borrowed is NOT spread evenly over the number of payments you have agree to make. Thus in the early period of your loan's life span you have been paying more interest and less capital, reducing the outstanding amount more slowly than you may have assumed.
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