911 carrerra S - future classic or sell ?
Discussion
Hello everyone,
I'm in a bit of dilemma.. and was hoping to draw on your expertise. My father passed away suddenly a few weeks ago from a heart attack. His cherished 2010 911 is now in my possession. He looked after it really well and is low mileage (17k). It has a full service hx as well. I love it and would hope to keep it with the view of appreciation. But my other half - (unsurprisingly) is preoccupied with running costs etc and say it will haemorrhage money
I am not sure whether to keep or sell ? and if I sell - What should I hope to get ? It is lovely.... and my heart says keep but my head is saying sell....
It is a 997.2 Carrera S - which has been kept in amazing condition. Shall I ignore the missus and keep ?
Cheers
I'm in a bit of dilemma.. and was hoping to draw on your expertise. My father passed away suddenly a few weeks ago from a heart attack. His cherished 2010 911 is now in my possession. He looked after it really well and is low mileage (17k). It has a full service hx as well. I love it and would hope to keep it with the view of appreciation. But my other half - (unsurprisingly) is preoccupied with running costs etc and say it will haemorrhage money
I am not sure whether to keep or sell ? and if I sell - What should I hope to get ? It is lovely.... and my heart says keep but my head is saying sell....
It is a 997.2 Carrera S - which has been kept in amazing condition. Shall I ignore the missus and keep ?
Cheers
gaff5000 said:
Hello everyone,
I'm in a bit of dilemma.. and was hoping to draw on your expertise. My father passed away suddenly a few weeks ago from a heart attack. His cherished 2010 911 is now in my possession. He looked after it really well and is low mileage (17k). It has a full service hx as well. I love it and would hope to keep it with the view of appreciation. But my other half - (unsurprisingly) is preoccupied with running costs etc and say it will haemorrhage money
I am not sure whether to keep or sell ? and if I sell - What should I hope to get ? It is lovely.... and my heart says keep but my head is saying sell....
It is a 997.2 Carrera S - which has been kept in amazing condition. Shall I ignore the missus and keep ?
Cheers
i take it your getting it for free so how can it lose money?I'm in a bit of dilemma.. and was hoping to draw on your expertise. My father passed away suddenly a few weeks ago from a heart attack. His cherished 2010 911 is now in my possession. He looked after it really well and is low mileage (17k). It has a full service hx as well. I love it and would hope to keep it with the view of appreciation. But my other half - (unsurprisingly) is preoccupied with running costs etc and say it will haemorrhage money
I am not sure whether to keep or sell ? and if I sell - What should I hope to get ? It is lovely.... and my heart says keep but my head is saying sell....
It is a 997.2 Carrera S - which has been kept in amazing condition. Shall I ignore the missus and keep ?
Cheers
Running costs will be more expensive than a normal car but you will be surprised.
Your other half is thinking about what she can do with the money if you sell but if I was you I would keep the 911 and remember your dad every time you drive it!
Firstly, sorry for your loss.
My view would be if it were my dads pride and joy I would keep it. With that low mileage you should be able to do 3-4K miles a year in it and it should cost less than £1k a year on servicing and maintenance for the foreseeable future. I would also say that a nicely kept and historied 997.2 is one of the least depreciation higher end cars you could own right now and could actually appreciate a little longer term. But given you didn’t buy it, the sentimental value combined with relatively low running costs for a brilliant premium sports car makes this a no brainer to keep.
On the other hand only you and your family understand your personal circumstances and everyone outside of that should respect your decision either way.
Good luck.
My view would be if it were my dads pride and joy I would keep it. With that low mileage you should be able to do 3-4K miles a year in it and it should cost less than £1k a year on servicing and maintenance for the foreseeable future. I would also say that a nicely kept and historied 997.2 is one of the least depreciation higher end cars you could own right now and could actually appreciate a little longer term. But given you didn’t buy it, the sentimental value combined with relatively low running costs for a brilliant premium sports car makes this a no brainer to keep.
On the other hand only you and your family understand your personal circumstances and everyone outside of that should respect your decision either way.
Good luck.
Really sorry to hear about your father.
I would keep the car, put all thoughts about cost from your mind and drive it as it was supposed to be. The memories of your father are beyond such things as money. I hope you enjoy the car for years to come and think of your dad every time you turn the key.
I would keep the car, put all thoughts about cost from your mind and drive it as it was supposed to be. The memories of your father are beyond such things as money. I hope you enjoy the car for years to come and think of your dad every time you turn the key.
Pictures of the car needed methinks
If your other half can't see/appreciate the emotional attachment you most likely have to the car, you may want to consider exchanging her for a different model
As others have said, you're unlikely to "lose" money on the car bearing in mind the circumstances it's ended up in your ownership, added to which a low miles '10 plate Gen 2 997 is unlikely to be a money pit anytime soon.
I say keep it at all costs !!
If your other half can't see/appreciate the emotional attachment you most likely have to the car, you may want to consider exchanging her for a different model
As others have said, you're unlikely to "lose" money on the car bearing in mind the circumstances it's ended up in your ownership, added to which a low miles '10 plate Gen 2 997 is unlikely to be a money pit anytime soon.
I say keep it at all costs !!
Many thanks for your insight guys... still at a bit of a loss ! perhaps you're right.... i'll leave it till spring / summer and make up my mind then.
I could keep it (it's a beautiful looking car - i'll put some pics up later) - but I have to buy my brother out - that's the other thing I forgot to say .....
I could keep it (it's a beautiful looking car - i'll put some pics up later) - but I have to buy my brother out - that's the other thing I forgot to say .....
If you love the car, what does appreciation matter?
You inherited the car at (I assume) no monetary cost, therefore whatever--and whenever--you sell it for, it will be profit.
If I was to inherit such a thing I'd be more interested in running costs and how I could keep it going in great condition rather than making £5/10k over the next couple of years vs. a sale in today's market.
You inherited the car at (I assume) no monetary cost, therefore whatever--and whenever--you sell it for, it will be profit.
If I was to inherit such a thing I'd be more interested in running costs and how I could keep it going in great condition rather than making £5/10k over the next couple of years vs. a sale in today's market.
gaff5000 said:
Many thanks for your insight guys... still at a bit of a loss ! perhaps you're right.... i'll leave it till spring / summer and make up my mind then.
I could keep it (it's a beautiful looking car - i'll put some pics up later) - but I have to buy my brother out - that's the other thing I forgot to say .....
Looks like your brother might be the complication. If he isn’t into cars, that is a problem as buying him out becomes a commitment (I’d do it in a flash BTW as it still is a relatively safe place for your money). If he’s a car guy have you raised the possibility of sharing it? I could keep it (it's a beautiful looking car - i'll put some pics up later) - but I have to buy my brother out - that's the other thing I forgot to say .....
Losing parents often means families lose someone who pulls them together regularly so a common interest such as sharing a sports car, doing a few club meets and track days together might be a good way of sharing memories of your dad. I may be jumping way too ahead of reality however!
roca1976 said:
Do a couple of we buy any car websites and take the average for market rate, unfair to expect you to pay retail, currently advertised prices aren't necessarily selling...
This. Very fair approach. If he’s not happy with the websites take it to some dealers to ask for a cash bid. Retail is irrelevant in this instance. 
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