porsche 996 turbo s cabriolet
porsche 996 turbo s cabriolet
Author
Discussion

gurumatt69

Original Poster:

2 posts

230 months

Wednesday 5th September 2007
quotequote all
porsche 996 turbo s cabriolet is it a good buy or will it lose money in the long run
its up for £73,000 and its 3 years old, it runs well

will it lose money and is it a good offer plz reply

GilesAMorse

377 posts

244 months

Wednesday 5th September 2007
quotequote all
Yes it's a good car (a friend in Jersey has a speed yellow one) but yes it will lose money - probably £10k in a year.

Giles

Don

28,378 posts

315 months

Wednesday 5th September 2007
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Frankly it will depreciate like a bastard.

It did for the previous owner who probably paid 100K and got 60K back in three years. Its not the percentage - which is fine - its the numerical value! Ow! yikes

But what a car! If you can wear the cost you'll love it I'm sure - and you can take an extended warranty out that all but eliminates the risk if expensive goings wrong...

Do it.

Wetwipe

3,019 posts

244 months

Wednesday 5th September 2007
quotequote all
agree with the above

although turbo "s" models were ususally restricted to end of line special editions, there are too many of the 996 s around to maintain values and there is still alot of depreciation in the car i am affraid

however, if you are looking to get into the car for five years, then its depreciation will eventually level out and it is doubtful the car will ever drop below 35K

cardigankid

8,880 posts

243 months

Wednesday 5th September 2007
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Look chaps all new cars are going to depreciate, its not a question of if but how much. Sounds attractive, any pics?

Wetwipe

3,019 posts

244 months

Thursday 6th September 2007
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cardigankid said:
Look chaps all new cars are going to depreciate, its not a question of if but how much. Sounds attractive, any pics?
i completely agree. but some will lose more than others, especially when such a high purchase price is being paid.

knowing what you do about the marque, would you buy a three year old turbo s cab and keep it for a year and potentially lose 15K?

Naz 111

24 posts

230 months

Thursday 6th September 2007
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will probably be worth £65k next year.Make sure its had its major service and the spark plugs have been changed.

anonymous-user

85 months

Thursday 6th September 2007
quotequote all
911s are a little unusual in that cabs are generally worth less than coupes after a few years, even though they cost more to start with. Look at the value of earlier cabs and targas compared to their coupe equivalents. Turbos depreciate more rapidly too, so a Turbo cab is not looking good in this respect! At £73K it's got a lot more depreciating to do over the next few years.

Cavanagh

643 posts

275 months

Thursday 6th September 2007
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great cars had one brilliant

buy one

gurumatt69

Original Poster:

2 posts

230 months

Saturday 8th September 2007
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Chaps,
Useful replies, my thoughts are this is a future classic (though perhaps not for another 5-10 years) this is because:
They didn't make many 996 Turbo S (20,000 Turbos made, not sure of Turbo S numbers)
I assume most of the Turbo S are not cabrios so I think this will be rare
As well as enjoying the car the depreciation is an important factor. All the top models eventually bottom out in value, i.e. Turbo's, GT2's, GT3's etc
My thoughts are that this will be a rare car and a future classic in years to come, but I do think it will depreciate to approx £50k before it bottoms out....?

Don

28,378 posts

315 months

Saturday 8th September 2007
quotequote all
gurumatt69 said:
Chaps,
Useful replies, my thoughts are this is a future classic (though perhaps not for another 5-10 years) this is because:
They didn't make many 996 Turbo S (20,000 Turbos made, not sure of Turbo S numbers)
I assume most of the Turbo S are not cabrios so I think this will be rare
As well as enjoying the car the depreciation is an important factor. All the top models eventually bottom out in value, i.e. Turbo's, GT2's, GT3's etc
My thoughts are that this will be a rare car and a future classic in years to come, but I do think it will depreciate to approx £50k before it bottoms out....?
£50K? Sorry you are totally wrong. I reckon more like £40K. And then further - if very slowly.

Wetwipe

3,019 posts

244 months

Sunday 9th September 2007
quotequote all
Don said:
gurumatt69 said:
Chaps,
Useful replies, my thoughts are this is a future classic (though perhaps not for another 5-10 years) this is because:
They didn't make many 996 Turbo S (20,000 Turbos made, not sure of Turbo S numbers)
I assume most of the Turbo S are not cabrios so I think this will be rare
As well as enjoying the car the depreciation is an important factor. All the top models eventually bottom out in value, i.e. Turbo's, GT2's, GT3's etc
My thoughts are that this will be a rare car and a future classic in years to come, but I do think it will depreciate to approx £50k before it bottoms out....?
£50K? Sorry you are totally wrong. I reckon more like £40K. And then further - if very slowly.
i agree. 35 will be its resting place with, perhaps the best low milers fetching 40.