Porsche 997 .2 vs 991 depreciation

[MrThunderstruck]

Hi all,

New to the forum, from the UK.

Interested in buying a Porsche 911 and willing to spend up to £45K - pretty inexperienced with Porsches.

It will be mainly a weekend car and thinking of keeping it between 1 and 2 years. I will then sell and buy a family car, so interested in resale value.

What would be the best option to go for from a resale/depreciation point of view?

Thanks,
MrT

[Buggyjam]

Suppose for pure resale point of view, like any normal car. The newer ones cost more to buy and loose more in actual value per year than the older ones that have flattened out. So maintenance figures aside a newer 991 will cost X and after 3 years will have lost far more in pounds than a 997 bought at Y.

Where it gets complicated on how much you chuck at it to keep it, whether it’s on a decent warranty etc. Fixing Porsche’s outside of warranty can be quite expensive, can be ok. Depends on how lucky, or unlucky you are as I’ve found in my brief foray lol

You can get extended warranties from Porsche if the car qualifies, or is already on one, but that costs money to be factored in and it doesn’t cover everything. I’m not sure of wear and tear clauses on the Porsche warranty but if 997s are anything like 987s a lot are just getting to the point where they’ll need little wear and tear things like bushes and the odd small suspension bit or hose connection etc. Not the end of the world, but soon adds up over time.

If you’re only keeping it a year though you could quite easily get away with just putting petrol in and an oil change if between services.

Edited by Buggyjam on Sunday 18th February 15:09

Edited by Buggyjam on Sunday 18th February 15:15

[MrThunderstruck]

Hey Buggyjam,

Thanks a lot for the reply mate, very informative.

It's gonna be my first Porsche and to be fair don't know much about them. Keep crawling through the forum to find known issues or potential things to look out for.

I have read that the main differences are that the 991 is wider at the front and has an electro mechanical steering

I am also thinking about the warranty as well, but it always depends on what that covers. Really like to have peace of mind while owning a 911, and hopefully, I won't be in and out of garages.

I will be maintaining the car properly, as this will help keep the value as much as it can, and given it's gonna be a weekend car, I don't expect massive expenditure on that front.

Even though I like the 991 better (purely based on looks as I haven't test driven any yet), I have a feeling that a 997 gen2 will keep more of its value. Still split though...

[Maxym]

MrThunderstruck said:

Hey Buggyjam,

Even though I like the 991 better (purely based on looks as I haven't test driven any yet), I have a feeling that a 997 gen2 will keep more of its value. Still split though...

It will. You might have trouble getting a decent 991 for 45K too.

[anonymous-user]

Both great cars. At £45k you will get a better example of a 997.2 than you will a 991 which, I would guess, will make it a better bet for resale a year or two down the line. Be prepared to keep it though; it might be hard to part with.

[MrThunderstruck]

Thank you all... will start the research for 997.2 then.

I was thinking of the S model, but not that many at £45K.

I don't want the manual even though I've heard they are a bit more desirable.

[Ructions]

Hang On said:

Both great cars. At £45k you will get a better example of a 997.2 than you will a 991 which, I would guess, will make it a better bet for resale a year or two down the line. Be prepared to keep it though; it might be hard to part with.

Would you get a 991 for £45k?

[MrThunderstruck]

Ructions said:

Would you get a 991 for £45k?

Seems highly unlikely... I could get one between £50-55K though which is where good 997.2 examples are.

[jackliebling]

Placing 997.2 cars at 50-55k actually means that they are appreciating! You could actually not lose a penny if you buy the right car.

In 2011 I bought a 2009 997.2 Targa 4 from Porsche West London for £53990... That car would be between £45-55k depending on mileage... Insane really...

[anonymous-user]

Ructions said:

Would you get a 991 for £45k?

Not at the moment. I was surprised to see the cheapest advertised at £50k (just searched) and that for 47,000 miles on a private sale. They are holding up better than I had realised.

[Shaoxter]

MrThunderstruck said:

Thank you all... will start the research for 997.2 then.

I was thinking of the S model, but not that many at £45K.

I don't want the manual even though I've heard they are a bit more desirable.

I haven't checked the classifieds recently but would have thought you can easily get a good 997.2 S for under £45k.

[Jim1556]

Shaoxter said:

I haven't checked the classifieds recently but would have thought you can easily get a good 997.2 S for under £45k.

Only if you'd be happy with big mileage, which will then kill the value further down the line...

Good spec, low mileage C2S are around £45-55k, more for a 4S or Targa. GTS are just bonkers around £70-85k

[MrThunderstruck]

Jim1556 said:

Only if you'd be happy with big mileage, which will then kill the value further down the line...

Good spec, low mileage C2S are around £45-55k, more for a 4S or Targa. GTS are just bonkers around £70-85k

Yeap, pretty much what I have been seeing over the past few days.

I may need to stretch my budget close to £50K from what it seems...

[MrThunderstruck]

Is there anything, in particular, I should be looking out for in a 997.2 with less than 60K miles on the clock?

I am thinking for a coupe, PDK, ideally S model

[Westkirbyman]

Would you be interested in my Gen 2 2010 C2S with 10800 miles. 1 careful owner, full history, PDK, sunroof, Porsche Sports Exhaust - huge specification.

[AinsleyB]

Go to someone like RSJ in Slough, you can pick up a very tidy 997.2 that comes with a warranty and will be in good condition. If your only using it for sunny Sundays and keeping it for a couple of years its likely not to need anything more than a service. They will probably buy it back off you.

Try them and some of the other independents. The ones with good reputations have good reputations because they sell tidy cars.

Get a manual S 997.2 in a standard colour and its likely to drop very little over a year or two.

[MrThunderstruck]

Westkirbyman said:

Would you be interested in my Gen 2 2010 C2S with 10800 miles. 1 careful owner, full history, PDK, sunroof, Porsche Sports Exhaust - huge specification.

Hi Westkirbyman,

Would you mind sending a few photos of the car?

Also, what would be your asking price?

Thanks,
MrT.

[MrThunderstruck]

AinsleyB said:

Go to someone like RSJ in Slough, you can pick up a very tidy 997.2 that comes with a warranty and will be in good condition. If your only using it for sunny Sundays and keeping it for a couple of years its likely not to need anything more than a service. They will probably buy it back off you.

Try them and some of the other independents. The ones with good reputations have good reputations because they sell tidy cars.

Get a manual S 997.2 in a standard colour and its likely to drop very little over a year or two.

AinsleyB thanks for the comment... I really want a PDK even if it drops a bit more in value than the manual.

I am currently looking at independents and OPC, especially because of their warranty.

[MrThunderstruck]

I have been researching for the last few days, and given am uping my budget to around £50K, the 997 Turbos have come into play.

However they have the old Tiptronic gearbox.

Any thoughts between a 997.2 S and 997 Turbo?

[Jim1556]

I'd prefer a lower mileage C2S instead of a higher mileage turbo. £50k will get you a lovely gen 2 C2S, or a gen 1 turbo... Sounds much better too. Plus, PDK C2S vs slushbox turbo? I know what I'd get.

However, buy the car YOU want (have wanted)!

Good luck...

Eta, this:
http://www.autotrader.co.uk/classified/advert/2018...

Vs this:
http://www.autotrader.co.uk/classified/advert/2017...

Both look decent spec, but dated interior and stronic auto would put me off the turbo.

Edited by Jim1556 on Thursday 22 February 21:13