992… new or used
Discussion
I’m looking at trading my daily (Golf R) and weekend car (Tamora) for a 992 within the next 12 months or so. I would use the 992 as a daily and would cover 12-15k miles a year.
I’m in the early stages of research and have been looking at Porsche approved offerings, which seem to be around the £80k mark for a base car.
I then noticed brand new stock cars are discounted to around £105k currently.
While the £25k difference represents a lot of money, in percentage terms the difference is not that great so I’m thinking I’d be better off saving a bit longer and going for brand new with the benefit of the extra warranty and the pleasure of owning it from new.
Has anyone else been through the same thought process recently? I’d be interested to know what you decided to do and why.
As an aside, I can’t find what Porsche offer as an interest rate on a new PCP. I’ve tried to find it on the website and failed so far! Can anyone advise?
Thanks
I’m in the early stages of research and have been looking at Porsche approved offerings, which seem to be around the £80k mark for a base car.
I then noticed brand new stock cars are discounted to around £105k currently.
While the £25k difference represents a lot of money, in percentage terms the difference is not that great so I’m thinking I’d be better off saving a bit longer and going for brand new with the benefit of the extra warranty and the pleasure of owning it from new.
Has anyone else been through the same thought process recently? I’d be interested to know what you decided to do and why.
As an aside, I can’t find what Porsche offer as an interest rate on a new PCP. I’ve tried to find it on the website and failed so far! Can anyone advise?
Thanks
As above, I went for an approved 992 a year ago. I wouldn’t buy a new one now and let someone else take the hit. Did buy my previous car, a 718, new. But was a lower price of entry and potential loss. Worked out ok over the six and a half years I had it.
Only advantage for me if buying new is that you can spec it how you want it imo. You can still get used with balance of original warranty and the extended one is good anyway.
My 992 felt just as new and special as the 718 when I picked it up. Whole experience was the same minus waiting for months.
Downside with approved is finding a spec you want, so a bit of a waiting game or compromise. If you’ve no real spec needs then the worlds your oyster though
Can see how the low priced .2 cars are tempting though given the difference, though. I won’t be replacing my .1 for a few minor differences with the .2. Will wait for the next gen now.
Only advantage for me if buying new is that you can spec it how you want it imo. You can still get used with balance of original warranty and the extended one is good anyway.
My 992 felt just as new and special as the 718 when I picked it up. Whole experience was the same minus waiting for months.
Downside with approved is finding a spec you want, so a bit of a waiting game or compromise. If you’ve no real spec needs then the worlds your oyster though
Can see how the low priced .2 cars are tempting though given the difference, though. I won’t be replacing my .1 for a few minor differences with the .2. Will wait for the next gen now.
Edited by Pinball on Sunday 16th February 19:01
Edited by Pinball on Sunday 16th February 19:02
Like most things it comes down to a number of factors (e.g. age of car/spec/budget/length of ownership) and ultimately personal choice!)
I looked for a nearly new but used 992.1 4GTS and couldn't find the spec i wanted (I did want a lot of options but there was always one big item missing like no matrix headlights or it had the fixed wing) so in the end went for a new vehicle. It's a March 24 car so we all knew the .2 was coming and so a good discount was available. I also wanted to PPF it so having it without any miles helped with the paintwork being unmolested.
The thing for me was that by the time i started looking at high spec nearly new used examples, the cost difference between new and used wasn't huge and then add in the other factors like a full 3 warranty, being the 1st owner and having the exact spec, the new car margin was worth it.
The market may have changed so the cost difference may be greater now but at this price point, i'd rather pay extra for the car/spec i want than still pay ££££££ and it not quite be the perfect car. As i say though, always personal choice.
Edit to add that mine isn't used as a daily either so perhaps that would push me more towards a used car if it is going to cover relatively high miles ('ve done around 3k miles in the 992.1 as it approaches a year old).
I looked for a nearly new but used 992.1 4GTS and couldn't find the spec i wanted (I did want a lot of options but there was always one big item missing like no matrix headlights or it had the fixed wing) so in the end went for a new vehicle. It's a March 24 car so we all knew the .2 was coming and so a good discount was available. I also wanted to PPF it so having it without any miles helped with the paintwork being unmolested.
The thing for me was that by the time i started looking at high spec nearly new used examples, the cost difference between new and used wasn't huge and then add in the other factors like a full 3 warranty, being the 1st owner and having the exact spec, the new car margin was worth it.
The market may have changed so the cost difference may be greater now but at this price point, i'd rather pay extra for the car/spec i want than still pay ££££££ and it not quite be the perfect car. As i say though, always personal choice.
Edit to add that mine isn't used as a daily either so perhaps that would push me more towards a used car if it is going to cover relatively high miles ('ve done around 3k miles in the 992.1 as it approaches a year old).
Edited by DBXExige on Monday 24th February 15:40
It's also worth noting that buying a sub 2 year old CPO car can actually give you a longer warranty period overall with the 4+2 years of coverage from in-service date. At least that's the way in works in North America.
I bought a CPO car in the end, these cars are hugely spec dependent and unless you specifically want a stripper the key options like sports chrono/exhaust push the cost up quickly. I also didn't fancy an 'early' 992.1/2, prefer to leave it a year or two to get the new model kinks sorted out.
I bought a CPO car in the end, these cars are hugely spec dependent and unless you specifically want a stripper the key options like sports chrono/exhaust push the cost up quickly. I also didn't fancy an 'early' 992.1/2, prefer to leave it a year or two to get the new model kinks sorted out.
Edited by g35x on Monday 24th February 19:14
Can I ask if you're still enjoying it and everything you hoped it would be?
After harbouring a dream of owning a 911 for as long as I can remember but having been lucky enough to have owned a MacanS for 2-3yrs back in 2018 and a Cayenne GTS (albeit briefly), the wife has just this morning signed off on a 911. With two provisos....
1) She gets the expensive ski holiday she was looking for in February!
2) I keep the car a minimum of 3yrs but more like 5!
So with that in mind, I've been out searching OPC stock and come across a beautiful and well specced 992.1 C2S and enquiries with the dealer have commenced. Would be trading my F22 228i daily in. This would be something of a step-up!
All seems a bit quick and imposter syndrome is kicking in. But very exciting!
After harbouring a dream of owning a 911 for as long as I can remember but having been lucky enough to have owned a MacanS for 2-3yrs back in 2018 and a Cayenne GTS (albeit briefly), the wife has just this morning signed off on a 911. With two provisos....
1) She gets the expensive ski holiday she was looking for in February!
2) I keep the car a minimum of 3yrs but more like 5!
So with that in mind, I've been out searching OPC stock and come across a beautiful and well specced 992.1 C2S and enquiries with the dealer have commenced. Would be trading my F22 228i daily in. This would be something of a step-up!
All seems a bit quick and imposter syndrome is kicking in. But very exciting!
I bought mine new with few options with a view to keeping it for 3 years,
After 75,000 miles and 4.5 years I still love it.
Even with those miles it is still worth quite alot of money.
Its in perfect condition and its never gone wrong.
I have decided to promote it to classic car status. This is so I can reduce its annual mileage.
I have bought a cheap Telsa Model S for the dull miles. An old ranger car from Tesla.
They are very good at the dull miles, having had 2 before.
They seem to be cogging on OK up to an over 400,000 miles OK.
I hope the 992 lasts forever in my little collection.
After 75,000 miles and 4.5 years I still love it.
Even with those miles it is still worth quite alot of money.
Its in perfect condition and its never gone wrong.
I have decided to promote it to classic car status. This is so I can reduce its annual mileage.
I have bought a cheap Telsa Model S for the dull miles. An old ranger car from Tesla.
They are very good at the dull miles, having had 2 before.
They seem to be cogging on OK up to an over 400,000 miles OK.
I hope the 992 lasts forever in my little collection.
[quote=Spuffington]Can I ask if you're still enjoying it and everything you hoped it would be?
In short… 100%. It’s awesome!
I’m currently on holiday (without the car) and keep checking the ring doorbell camera so I can see it.
It’s amazing to drive, puts a smile on my face whenever I look at it and I constantly check over my shoulder when I park up.
I’ve had nothing but positive attention and comments since buying it!
In short… 100%. It’s awesome!
I’m currently on holiday (without the car) and keep checking the ring doorbell camera so I can see it.
It’s amazing to drive, puts a smile on my face whenever I look at it and I constantly check over my shoulder when I park up.
I’ve had nothing but positive attention and comments since buying it!
[quote=Spuffington]Can I ask if you're still enjoying it and everything you hoped it would be?
In short… 100%. It’s awesome!
I’m currently on holiday (without the car) and keep checking the ring doorbell camera so I can see it.
It’s amazing to drive, puts a smile on my face whenever I look at it and I constantly check over my shoulder when I park up.
I’ve had nothing but positive attention and comments since buying it!
In short… 100%. It’s awesome!
I’m currently on holiday (without the car) and keep checking the ring doorbell camera so I can see it.
It’s amazing to drive, puts a smile on my face whenever I look at it and I constantly check over my shoulder when I park up.
I’ve had nothing but positive attention and comments since buying it!
That's beautiful!
I've got a 992.1 C4S in Gentian Blue on my shortlist too if the current car doesn't come off.
The one in question is an early C2S in Midnight Blue over black. Just finalising bits of the deal now, let's see. Mega-excited. As a 46yr old man who had his first outing as a passenger in a 964 Carrera RS around Brand Hatch in 1994 and a trip in my Uncle's 993 C2S back in 1996, it's been a long held dream. Can't quite believe it's potentially about to happen!
I've got a 992.1 C4S in Gentian Blue on my shortlist too if the current car doesn't come off.
The one in question is an early C2S in Midnight Blue over black. Just finalising bits of the deal now, let's see. Mega-excited. As a 46yr old man who had his first outing as a passenger in a 964 Carrera RS around Brand Hatch in 1994 and a trip in my Uncle's 993 C2S back in 1996, it's been a long held dream. Can't quite believe it's potentially about to happen!
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