Finally over it......
Finally over it......
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Discussion

rlw

Original Poster:

3,583 posts

266 months

Thursday 1st January 2015
quotequote all
It's over two years since I sold my GT3. At first I missed it like Hell, followed the forums and looked forward to the day I got another 911. As time went by, I was less sad and quite enjoyed the financial savings I was making not running a GT3 or, indeed, any form of 911.

My 55CLK was/is a trusty workhorse, goes adequately fast and makes a lot of the right noises. It is actually quite fun too, once you get the hang of it, which took me a while. It is also remarkably cheap to maintain, having cost about 75% less to run over the two years I have had it than the GT3 would have done (and that's without any unexpected issues).

Today I looked at my copy of Porsche Post and chuckled at the cost of a 964 or 993RS, then looked at all the expensive things you can do to a 911 and read the, sometimes anguished, reports from register secretaries and the like. Don't get me wrong; if you offered me a free 911 for the next few years I would say yes please, but as for putting my own money into one, not a chance nowadays. Silly price to buy, silly money to keep in top condition, and if you use it, you damage the resale value.

So, that's it then. I have seen the light and got out. This is the first time I have been on here for about six weeks and I haven't been bothered at all.

Mind you, I have taken up the guitar and this is not without it's similarities......

Happy New Year all.


av185

20,464 posts

156 months

Thursday 1st January 2015
quotequote all
Interesting you refer to the financial savings you have made by selling......and yet most incarnations of GT3 have probably been one of the best car investments over the past few years......confused

V8KSN

4,713 posts

213 months

Thursday 1st January 2015
quotequote all
rlw said:
It's over two years since I sold my GT3. At first I missed it like Hell, followed the forums and looked forward to the day I got another 911. As time went by, I was less sad and quite enjoyed the financial savings I was making not running a GT3 or, indeed, any form of 911.

My 55CLK was/is a trusty workhorse, goes adequately fast and makes a lot of the right noises. It is actually quite fun too, once you get the hang of it, which took me a while. It is also remarkably cheap to maintain, having cost about 75% less to run over the two years I have had it than the GT3 would have done (and that's without any unexpected issues).

Today I looked at my copy of Porsche Post and chuckled at the cost of a 964 or 993RS, then looked at all the expensive things you can do to a 911 and read the, sometimes anguished, reports from register secretaries and the like. Don't get me wrong; if you offered me a free 911 for the next few years I would say yes please, but as for putting my own money into one, not a chance nowadays. Silly price to buy, silly money to keep in top condition, and if you use it, you damage the resale value.

So, that's it then. I have seen the light and got out. This is the first time I have been on here for about six weeks and I haven't been bothered at all.

Mind you, I have taken up the guitar and this is not without it's similarities......

Happy New Year all.
Err……… congratulations? biggrin

Happy New Year to you too beer

Trev450

6,746 posts

201 months

Thursday 1st January 2015
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I too have taken up the guitar but kept my Porsche as well, albeit a CS. smile

shoestring7

6,193 posts

275 months

Thursday 1st January 2015
quotequote all
av185 said:
Interesting you refer to the financial savings you have made by selling......and yet most incarnations of GT3 have probably been one of the best car investments over the past few years......confused
Shaded only by 964s and 993RSs....

SS9

Sine Metu

302 posts

155 months

Thursday 1st January 2015
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You've had a lucky escape. For most of us, the addiction will continue indefinitely and we will remain prisoners of our Porsche 911 fetish. Spare a thought for us as you go on to discover these mystical 'other things in life' i've heard disturbing rumours of.

BMCG

484 posts

165 months

Thursday 1st January 2015
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rationalisations are healthy...they afford the mind the ability to disconnect from a better reality.rolleyes


73 Duchess

346 posts

247 months

Thursday 1st January 2015
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What's this thing called 'financial savings' you talk of?biglaugh

rlw

Original Poster:

3,583 posts

266 months

Thursday 1st January 2015
quotequote all
av185 said:
Interesting you refer to the financial savings you have made by selling......and yet most incarnations of GT3 have probably been one of the best car investments over the past few years......confused
I'm not so sure though. 2 years @ £2K plus a contingency of, say, £500; set of tyres @ £800.00; insurance @ £600 for 2 years so £1200; another 12K miles so add a conservative £1K for lost growth and you have £7500. I've not factored in petrol as there's nothing in it between the two cars.

My CLK has cost me a quarter of that in two years, includinga a big sort out when it was new (to me) and a set of tyres.

I can't actually remember what the GT3 went for - not enough I know - but it would have needed around 25% growth in the period to recover the extra cost. So maybe I would have had two years free motoring but I would not have realised that without selling it.

The one I should not have sold was the 964 Celebration which I saw at the Silverstone Historic a couple of years ago. The bloke who bought it (a while after I sold it) paid more for it than I had some eight years previously.........

I was once as keen as everyone else but a couple of years without a 911 has been very refreshing. st, I have been able to pay all my bills and even have money left over which is a novelty. And the lure of a lovely Joe Bonamassa Les Paul is quite strong.



APOLO1

5,391 posts

223 months

Thursday 1st January 2015
quotequote all
Sine Metu said:
Spare a thought for us as you go on to discover these mystical 'other things in life' i've heard disturbing rumours of.
In my experience these "other things", end up costing a whole lot more....

ArcticGT3

986 posts

241 months

Thursday 1st January 2015
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Smallest increase on any Gt3 model I can think of is at least 20K over the last 2 yrs ??

kbooker

728 posts

168 months

Thursday 1st January 2015
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anonymous said:
[redacted]
Exactly what I was thinking, with hindsight sold at completely the wrong time....as did I

SEE YA

3,522 posts

274 months

Thursday 1st January 2015
quotequote all
Not me glad, I bought my 911 when I did looking at todays prices.

I cannot see them dropping, either to what I paid for mine again.

Edited by SEE YA on Thursday 1st January 15:45

av185

20,464 posts

156 months

Thursday 1st January 2015
quotequote all
kbooker said:
anonymous said:
[redacted]
Exactly what I was thinking, with hindsight sold at completely the wrong time....as did I
Its probably only slightly easier to time the car market than the financial markets.......and as they say its not timing the market but time in the market that can produce the best returns/enjoyment especially with the reasonably collectable older analogue rose tinted stuff........ .providing one has the right car in the first place lol!

KMF

525 posts

177 months

Thursday 1st January 2015
quotequote all
there is always a cheeper to run, good investment at the moment. prices are slowly climbing and one of the best drivers cars about. it is not a 911 but i am not a 911 person. the Boxster Spyder, after all Walter Rohrl has one and he knows cars

rlw

Original Poster:

3,583 posts

266 months

Thursday 1st January 2015
quotequote all
ArcticGT3 said:
Smallest increase on any Gt3 model I can think of is at least 20K over the last 2 yrs ??
So the GT3 MK1 I sold for about £30000 in November 2012 would now sell for £50000? With about 80K miles? I think not.

And the thing is, you don't actually realise any growth until you sell it anyway....................

ArcticGT3

986 posts

241 months

Thursday 1st January 2015
quotequote all
rlw said:
So the GT3 MK1 I sold for about £30000 in November 2012 would now sell for £50000? With about 80K miles? I think not.

And the thing is, you don't actually realise any growth until you sell it anyway....................
I'd be surprised if you could find a UK RHD in good condition for much less and it's only going to get more ?? Other newer models have done much more so it's only time before the MK1 catches up and I suspect it's values have largely been kept down due to such small numbers changing hands. They'll blossom soon.

I guess I'm on the other side of the fence though having bought mine at a similar time to you selling.

nsm3

2,831 posts

225 months

Thursday 1st January 2015
quotequote all
Sold my 7.1 about 14 months ago, for £51,250 frown

Wharra mistaka to maka!