Porsche 996 Turbo
Discussion
neutral 3 said:
£30 grand omg !
Shocker but actually reasonable when you realise these engines happily run reliably at 650-800hp without any internal modifications. A good indy can rebuild for £10k-£15k. I've not had any reliability issues over 4 years and 30,000 miles since tuning to approaching 800bhp. https://www.pistonheads.com/gassing/topic.asp?h=0&...
phib said:
Having a little browse on these in the classifieds there seems to be a massive spread in prices even with similar mileages.
They seem great value at the moment but one dealer near me has had one for over a year and can’t seem to sell It.
Any views on the spread ?
Phib
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.They seem great value at the moment but one dealer near me has had one for over a year and can’t seem to sell It.
Any views on the spread ?
Phib
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
I traded in my 2005 Turbo S with 78k miles just before Christmas for £48k to an OPC, as none of the usual specialists were especially interested in an outright purchase, citing softening market conditions. I paid £35k for it back in 2012 with 55k on the clock, so I can’t complain - the appreciation covered all the servicing and repair/refresh costs I paid over the years.
I’d say that values are 10-15% down from their peak a year ago, and there seem to be quite a lot of lower mileage, higher price cars hanging around on SOR at various specialists.
I’d say that values are 10-15% down from their peak a year ago, and there seem to be quite a lot of lower mileage, higher price cars hanging around on SOR at various specialists.
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Principal, this is Realy interesting reading!! It seems to me, that just like say a TVR, there are Many people who would love to own one, but very few who actually would take the plunge, due in the TVRs case to scare stories re reliability and in the 996Ts case, the potential ££ horrendous repair costs. I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
However, Very Few if Any of these Buyers, have any mechanical knowledge whatsoever and so they have no choice, but to have the car garage repaired.
I did all of the maintenance on my 3 air cooled 911s and both my first and current Griff 500s and my much missed E46 M3. And I'm in No way suggesting that a 996T is a home mechanics car by Any stretch of the imagination, But, there will be Lots of jobs that are well within the scope of a competent owner.
Re the prices you sold your two cars for, I reckon if one has the cash ready and are willing to take a chance, then a 996T could be bought at ££ Well below the current asking prices, simply because of my above points re Very few Buyers.
I have been thinking of one of these, as in the next few months, i will be in a position to purchase one ( or something else, that offers equal bang for my buck ) but for me, it has to be a manual, in a dark colour, 2002 onwards. Mileage doesn't bother me, as long as their is a paperwork trail of repair invoices and it hasn't had twenty owners.
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Wow that is shocking - assume both were decent nick and not pink with green leather. Did you sell the coupe privately?I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
What DIY jobs have you owners been doing on your 996Ts ?
Any LHD cars on here ?
I bet one of these is a fair bit cheaper in Europe, will have less corrosion, will have been well maintained ( in Germany at least, due to their strict TUV tests ) IF one can live with LHD that is !
And I fully appreciate, that a Lot of UK owners could not. My SC and my Corvette were both LHD and I thourouhly enjoyed them.
Any LHD cars on here ?
I bet one of these is a fair bit cheaper in Europe, will have less corrosion, will have been well maintained ( in Germany at least, due to their strict TUV tests ) IF one can live with LHD that is !
And I fully appreciate, that a Lot of UK owners could not. My SC and my Corvette were both LHD and I thourouhly enjoyed them.
Adam B said:
IMI - remember your story. did you get diagnostics reports on the busted engine?
As far as I know the Mezger is very reliable and yours is the only failure I have heard of on PH
As far as I know the Mezger is very reliable and yours is the only failure I have heard of on PH
Nope no diagnostics but even mezgers do let go from time to time just like any engine. If you pop into reputable indies they always tend to have odd 996 or 997 turbo engine being rebuilt. Unbelievable that the earliest 996 turbos are now 20 years old so of course things can and do occasionally go wrong.
Adam B said:
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Wow that is shocking - assume both were decent nick and not pink with green leather. Did you sell the coupe privately?I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Edited by ThePrincipal on Tuesday 1st January 17:39
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Why buy a Coupe drive 2k miles and take a £11.6k bath, only to buy a Cab drive 3k miles and take a futher £10.6k bath?I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
You're always likely to lose some money buying and selling quicky unless you know the market, but this seems madness.
g7jhp said:
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Why buy a Coupe drive 2k miles and take a £11.6k bath, only to buy a Cab drive 3k miles and take a futher £10.6k bath?I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
You're always likely to lose some money buying and selling quicky unless you know the market, but this seems madness.
ThePrincipal said:
g7jhp said:
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Why buy a Coupe drive 2k miles and take a £11.6k bath, only to buy a Cab drive 3k miles and take a futher £10.6k bath?I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
You're always likely to lose some money buying and selling quicky unless you know the market, but this seems madness.
You payed top dollar for both in a bad month to buy, December isn't a sellers month.
If you buy at the top of a bubble and then try to unload fast you’ll lose money.
These cars were 25K for an average one and 36K for a low mileage Turbo S in 2013.
A poor example could be bought for 21K.
Nothing wrong with buying at today’s prices but the car needs to be acquired to love and to drive rather than being seen as an investment opportunity.
Just my opinion.
These cars were 25K for an average one and 36K for a low mileage Turbo S in 2013.
A poor example could be bought for 21K.
Nothing wrong with buying at today’s prices but the car needs to be acquired to love and to drive rather than being seen as an investment opportunity.
Just my opinion.
g7jhp said:
ThePrincipal said:
In December 2017, I bought a 2003 996 Turbo Coupe with 45k miles for £42k, drove 2,000 miles, spent circa £1,600 on servicing and sold it for £32k.
I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
Why buy a Coupe drive 2k miles and take a £11.6k bath, only to buy a Cab drive 3k miles and take a futher £10.6k bath?I also bought a 2005 Turbo Cabriolet within a few weeks of the Coupe, with 32k miles for £48k. I added just over 3,000 miles on this car, spent £600 on servicing and sold it for £38k to a company similar to 'webuyanycar' that I found on a comparison site. Both cars were manual and were sold in November 2018.
No trader would even bid on the Cabriolet, and I was getting bids of £25k on the Coupe.
You're always likely to lose some money buying and selling quicky unless you know the market, but this seems madness.
I own a manual 997.2 GTS....if I’d bought that at the end of 2017 I reckon it would have been up for £72 to £75k from trade (I actually bought it in early 2016 for £60k) Today the trade bid for my car is £55k if I wanted to sell it, If I wait til April maybe that number begins with a 6 but this year I am not sure we’ll see those seasonal firmer prices.
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