Possible what car - MAYBE selling my 993, options up to £25k

Possible what car - MAYBE selling my 993, options up to £25k

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Discussion

adycav

Original Poster:

7,615 posts

232 months

Sunday 29th May 2011
quotequote all
Afternoon.

I wasn't planning on selling my 993 any time soon as I really enjoy driving it. However a few factors have combined that have made me ponder the possibility of a change, namely:

1) I've recently been offered a very decent sum for it, a good amount more than I paid for it (it's a sought after manual coupe in a desirable colour in great condition)
2) I've got into the habit of changing my cars annually, on average, and it 'feels' like time for a change
3) 996s are preposterously good value at the moment. I have pondered buying a nice early one (which would still be loads newer and have less miles than my 993) and taking a chunk off the mortgage

So if I was to sell the 993, what could I replace it with? Absolute maximum budget would be £25k but spending less would be nice. Here's some pointers:

1) I like the feel of N/A cars more than turbos/supercharged, I'm not that bothered about outright speed, more nice tactile sensations of driving if that's not too poncey
2) I don't do many miles a year now (c.5k) but I don't like the thought of spending too much more on fuel out of principle
3) Occasional long journeys around the UK and the need to carry wife's clothing so a bit of comfort and stowage space needed
4) Two seats are fine


What do you think? Other than a nice 996 I could do with some inspiration. Plus I'm only half inclined to even begin thinking of selling the 993.

Cheers all.

Kong

1,503 posts

186 months

Sunday 29th May 2011
quotequote all
Assuming your 993 is in good condidtion, i wouldn't swap it for a 996 which is going to depreciate a lot more and potentially have some big repair bills.

If you fancy a change though, how about a Cayman S? Get a mint one for well under budget and would run rings round the 993.

If i had £25k to spend on a car i'd get an M3 CSL, pure automotive porn and if you're not racking up load of miles then they hold their value nicely.

adycav

Original Poster:

7,615 posts

232 months

Monday 30th May 2011
quotequote all
M3 CSL and Cayman S are two cars that I feel that I would definitely like, although I'm yet to drive either.

The thing is, I don't know whether I really do want to sell the 993. It's just these issues of making a few bob and fancying a change.

theboymoon

2,699 posts

275 months

Monday 30th May 2011
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tuscan for the brave?

Rawwr

22,722 posts

249 months

Monday 30th May 2011
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I reckon I could make a case to argue for a CSL. The 993 is one of those depreciation proof cars, which is enjoyable when it comes times to chop it in. The CSL is also in that very, very slim section of the market and has the added bonus that it's great fun.

MJTD

33 posts

172 months

Monday 30th May 2011
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A 996 Turbo would be in your budget. Supposed to be more reliable than a non turbo 996 and the experts reckon they won't depreciate much more than their current levels. One of them or an M3 CSL would be my choice

Tuvra

7,926 posts

240 months

Tuesday 31st May 2011
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SL55, SLK55, 370z, NSX, Esprit

bikemonster

1,188 posts

256 months

Tuesday 31st May 2011
quotequote all
OP, your fundamental error is approaching this as an "either/or" decision.

Keep the 993, for the following reasons:
1. It will only increase in value, for all the reasons you already know.
2. If you sell it, you will regret it.

Extend the stable with something like a Caterham or an Elise. Both of these deliver huge fun with modest power, so they needn't be very spendy purchases.

Benbay001

5,823 posts

172 months

Tuesday 31st May 2011
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Lexus IS-F

adycav

Original Poster:

7,615 posts

232 months

Tuesday 31st May 2011
quotequote all
Been out in the 993 for a spin this fine evening. Afterwards I spent a good 5-10 minutes faffing around in the garage and looking at the car.

I'm not selling.

I've thanked the interested buyer for his interest and informed him as such. He was a little disappointed as apparently he cannot find a manual 993 C2 in a condition and colour that he likes, but he totally understands my position.

smile

soad

33,905 posts

191 months

Tuesday 31st May 2011
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Good decision there! Car will continue putting a smile on your face i believe!!!

Jammie Dodger

2,449 posts

170 months

Tuesday 31st May 2011
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Umm, dare I ask why TVR didn't get a mention ?

Tactile ? For sure
Involving ? You bet
In budget ? All but sagaris
Depreciation ? Appreciating
Reliable ? If looked after

If I wanted £50k in a car it would be a 4S cab / turbo cab (I've had 3 porkers and loved 'em) but at £15 - £25k TVR can't be beaten if performance is a criterion. Chimaera / tamora / T350 - take your pick

adycav

Original Poster:

7,615 posts

232 months

Tuesday 31st May 2011
quotequote all
I'll have to scratch that CSL itch another day...


Chrisw666

22,655 posts

214 months

Tuesday 31st May 2011
quotequote all
adycav said:
I'll have to scratch that CSL itch another day...
What will appreciate more over the next few years the CSL or 993?

You could get the CSL itch out of the way then go 993 hunting again.

adycav

Original Poster:

7,615 posts

232 months

Tuesday 31st May 2011
quotequote all
Chrisw666 said:
adycav said:
I'll have to scratch that CSL itch another day...
What will appreciate more over the next few years the CSL or 993?

You could get the CSL itch out of the way then go 993 hunting again.
I read in the BMW section the other week that a few folk reckon the CSL hasn't bottomed out yet.

Happy to be corrected however, I've not really been watching the prices that closely.

iva cosworth

44,044 posts

178 months

Tuesday 31st May 2011
quotequote all
Jammie Dodger said:
Umm, dare I ask why TVR didn't get a mention ?

Tactile ? For sure
Involving ? You bet
In budget ? All but sagaris
Depreciation ? Appreciating
Reliable ? If looked after

If I wanted £50k in a car it would be a 4S cab / turbo cab (I've had 3 porkers and loved 'em) but at £15 - £25k TVR can't be beaten if performance is a criterion. Chimaera / tamora / T350 - take your pick
ERRM ,3rd reply....Tuscan ,its irelavant now anyway as OP is keeping 993 smile

Chrisw666

22,655 posts

214 months

Wednesday 1st June 2011
quotequote all
adycav said:
I read in the BMW section the other week that a few folk reckon the CSL hasn't bottomed out yet.

Happy to be corrected however, I've not really been watching the prices that closely.
It may well not have bottomed out, I suppose it depends how much of a garage queen you want to keep it. But then that could apply in some form to any car.

Jammie Dodger

2,449 posts

170 months

Thursday 2nd June 2011
quotequote all
iva cosworth said:
ERRM ,3rd reply....Tuscan ,its irelavant now anyway as OP is keeping 993 smile
Suspect he's still thinking about it wink

Didn't mention Tuscan for two reasons - pre series 2 are just too likely to be problematic (and/or kill you), series 2 generally over budget. And i suspect the crazy styling will not age too well.

As for the beemer & porsches, they are volume manufacturers now, boutique manufacturers no longer, therefore with the possible exception of 911 turbos, I personally wouldn't gamble my own money on them as long term investments. What's an E30 M3 worth these days ? There's also the probability that high capacity petrol engines will be legislated out within our lifetimes. That'll affect TVR's too, of course, but when you've had 15-20 yrs out of your £20k, vfm was achieved along the way. And if i'm wrong about legislation, scarcity rules (usual laws of supply & demand apply)... to illustrate the point, our family car is a Merc GL (like ML, but bigger). Merc couldn't give them away in the UK, meaning scarce. Having bought it in 2008 at 19000 miles for £36k, to be bid £30k by a dealer for it at 40k miles approaching 3 years later gives me a very warm feeling inside. If i sold it privately it would have to make at least £32k. So, £4000 depreciation over 3 years & 20000 miles ? Thank you very much, that'll do nicely. Like I said, scarcity rules...

The OP didn't rise to reply, which is his right of course (np with that), but i wonder if he's ever driven a sorted TVR ? Actually I should've mentioned Cerbera too, which has even more load space, as he's not bothered about convertible - That old TG test where the Cerb absolutely demolished all comers proves the performance point.

Coming back to the criteria as i understood them, value for money, driving experience, load space, touring capability, scarcity (ie. investment potential) TVR is not such a crazy idea.

Aside from one particular dealer's efforts to blatantly manipulate TVR prices upwards, values are going up anyway. About 20% so far 2010/2011 for Cerb, Griffith and Chimaera. I won't quote %age for Tam/T350/Tuscan but trend appears similar. Interestingly, Sagaris (over OP's budget) seems at a glance to have depreciated not at all from new. Not bad going.




Edited by Jammie Dodger on Thursday 2nd June 10:01

adycav

Original Poster:

7,615 posts

232 months

Thursday 2nd June 2011
quotequote all
Jammie Dodger - interesting points re. the TVRs.

I've never driven a TVR but I've been a passenger in two. Unfortunately my experiences of the marque have not been positive. A previous neighbour of mine bought a Tuscan with the intention of driving it and it spent TWO YEARS off the road being fixed. He hadn't used it before I moved house, it's still in pieces for all I know.

A current neighbour has a Griffith, and although he says he enjoys it, when I see him he nearly always tells me, with a pained look on his face, about some £££ he has had to spend on it.

I'm one of those blokes that likes things to work when I need them to, hence my predilection for German performance cars. I'm concerned that if I had a TVR and experienced some problems I would take a shotgun to it in an Elvis Presley vs Pantera-type incident.

smile