Buy now or wait??

[parkinsonr]

Currently I have a 2002 Boxster S and planning on trading up for the 911. Should I start looking now or wait till March when the new reg's ave come out and people have traded in etc.

I'm looking so spend about £40k including trade in of existing car.

Looking for 57/08 plate hopefully..

Any advice or guidance etc? Main dealer or not etc?

Edited by parkinsonr on Thursday 1st December 19:07

[daveyb662]

In theory. Probably best thing to do is buy it now. And sell your boxster in March/April after a few months of deprection-free driving (or even if you're lucky apprecciation). To be honest what they give you on trade-in won't be great so you may aswel keep it for now and enjoy alongside your 911 whilst you get used to the new toy, and then sell privately in Spring!! (Of course only downside you will need to sort some multi-car insurance for few months).

[daveyb662]

In theory. Probably best thing to do is buy it now. And sell your boxster in March/April after a few months of deprection-free driving (or even if you're lucky apprecciation). To be honest what they give you on trade-in won't be great so you may aswel keep it for now and enjoy alongside your 911 whilst you get used to the new toy, and then sell privately in Spring!! (Of course only downside you will need to sort some multi-car insurance for few months).

[IMI A]

I'd normally say take the plunge but I have a horrible feeling the macro economic situation is going to hit high end cars even more over the next few months. If you can wait till March I think you may be able to get into a gen 2 911/997. Its not as if your Boxster S isn't a nice drive (I'd be more than happy with one if I didn't have all these sproggs!)

[nickfrog]

Only risk of doing that is that he might sell the 911 before the Boxster...

[IMI A]

nickfrog said:

Only risk of doing that is that he might sell the 911 before the Boxster...

[parkinsonr]

Was hoping it was going to be an easy choice, now or wait

Can wait as I've had the boxster for 5 years now still agreat drive.

End of march is the deadline for the new one!

Should it be a 2nd hand 911 or a new boxster/cayman?

[mm450exc]

Start looking now. Can take quite some time to find the right car...

[Vroomer]

daveyb662 said:

Probably best thing to do is buy it now. And sell your boxster in March/April

No. Do the opposite.

Prices are dropping. Sell the Boxster now (if you have another car you can use) and buy the 911 in the spring.

[6C4GTS]

Depends on what you are looking for. If its a fairly common spec 997 then wait as prices will drop faster than your boxster. If however, you have an eye for depreciation and can live with the running costs of an older rarer car at 40K - 996 GT3 996 TurboS 993 C4S maybe leggy 993 turbo etc then it will take months to source a good car so might as well start looking now and buy the best you find.

You might get a 40K Cayman R by February if you like warranty etc?

[parkinsonr]

I'd rather go for a newer standard Carrera or S than an older 996 etc

[mollytherocker]

I cant see there being a huge 'cost to change' difference, but I suppose it could be up to 5k?

However, it costs nothing to look and as someone else said it can take a while to find the right car anyway.

If you find the right car/deal go for it. But you certainly dont need to rush into it.

Enjoy the search.

MTR

[6C4GTS]

parkinsonr said:

I'd rather go for a newer standard Carrera or S

In that case the longer you what the cheaper they will be - and every day you own it the resale price will drop further.............so you might as well buy what you want when you want it as life is short!

[ajh38]

When you see a car that you really want you should just go for it. Whatever you buy is going to lose money, as has been said, the worst of the economic climate is still to come.

[monthefish]

parkinsonr said:

Any advice or guidance etc? Main dealer or not etc?

Main dealer is always a nice way to buy.

The big downside is that, as soon as you take ownership of the car, that premium you have paid for the privilege is instantly wiped from the value of the car.

Some are happy to pay that premium for the (relative) peace of mind and the aftersales service - it's really a matter of personal preference.

The other thing to bear in mind is that, for the same amount of money, you'll normally get more car by buying from an Indy.

[rog007]

Buy, sell, buy, sell etc, etc, etc! There is no right or wrong time to sell as a private punter other than your own personal preference and circumstances. If you need to sell now, sell now. If you need to buy now, buy now; and so on. It's much more convenient and less stressful than wondering What If? (notice the Marvel homage there?) Good luck!

[DiscoColin]

There isn't necessarily a right or wrong time, but if you are looking for the right car at the right price I would say that your chances in winter are better. This weekend I will be picking up a year old GT3 that I've just bought from an OPC and the price was in my opinion pretty good value...

[991]

I'd say do it now, the new Boxster is out March/April and the value of your Boxster might drop more as it will be the old(er) model and plenty of cars will be coming onto the market as people trade up to the new model.

[g7jhp]

I'd wait until Feb when money dries up from Xmas.

A newer car will be dropping quicker than your Boxster.

[Dazza N]

I would think that the bulk of initial per order new 911 will be delivered by the end of q1 2012 so there will be quite a few late plate 997 around some of these will filter down to specialists due to dealers being overstocked on used cars , so will still be v good full service history cars Glasses guide will also likely revalue the 997 due to the new 991. April will be a good time to buy methinks.