Should I or Shouldnt I?
Should I or Shouldnt I?
Author
Discussion

NorthDave

Original Poster:

2,541 posts

263 months

Wednesday 15th February 2012
quotequote all
Been lurking in this bit of the forum for a little while gathering knowledge. Been a long time fan of the 911 and have lusted after buying one for a little while. Now in a position where the business is doing well and I can afford one. Initially thought I could add £15k to the part ex for my 2006 335i which didn't seem too bad - maybe £30k to spend on a car.

Went to an OPC today for a browse and they have a 2008 911/977.2 in black with black for a shade under £40k. 64,000 miles though (although i do low milage at the moment). Sat in it and it was stunning. It ticks alot of boxes for me being a bit newer, I'm more comfortable with spending that amount of cash on a new model as opposed to something the same age as my BMW.

What do you reckon? With the warranty etc it didn't seem too bad. There are only two negatives - the mileage and the cost.

Any thought a welcome.


Trev450

6,771 posts

203 months

Wednesday 15th February 2012
quotequote all
If it ticks a load of boxes for you and you can afford the extra then go for it. The mileage only really becomes of concern when you come to sell, but if you are planning on keeping it for a good while then don't worry about it. They're good for high mileage plus you'll have an OPC warranty that is renewable so long as you fit genuine Porsche parts.

Captain James T

615 posts

239 months

Wednesday 15th February 2012
quotequote all
The 997.2 engine seems to be more robust in the long term than the 'Oh, what's that noise? Oh, it's my rear intermediate shaft shattering and my RMS is dribbling goo....' Gen 1 engine and the OPC warranty is as good as you're going to get. The fact that you're doing low mileage will average out the higher initial mileage and if it's as nice as you say then go for it. They might even throw in a free key ring... smile

NorthDave

Original Poster:

2,541 posts

263 months

Thursday 16th February 2012
quotequote all
Well the man from OPC has answered the question for me. Offered me a fair few grand less for trade in than market value and didnt seem keen on any kind of haggling.

When I bought the 335i I got over what I was expecting on trade in and then money off the top too. Left me feeling happy with the deal. Is it naive to expect the same from an OPC? He basically said he would have to decide whether to call me if anything else comes in.

Mind you there was a chap in there ordering a new Cayenne (I think) who was basically saying yes to every question asked so perhaps they aren't used to being questioned on price.

MadMark911

1,755 posts

180 months

Thursday 16th February 2012
quotequote all
Talk to 911 Virgin - they've got a few 997's in / due in and as their prices are more reasonable than an OPC - it might make it financially easier to swallow .... smile

thegoose

8,077 posts

241 months

Friday 17th February 2012
quotequote all
NorthDave said:
Well the man from OPC has answered the question for me. Offered me a fair few grand less for trade in than market value...
If your car's nice spec and condition I'd buy it for a fair market value (trade). You're then in a better position to try to negotiate as a cash buyer on the OPC car.

If that's of interest just email the details: marcus@autoperfom.com

mrdemon

21,146 posts

296 months

Friday 17th February 2012
quotequote all
MadMark911 said:
Talk to 911 Virgin - they've got a few 997's in / due in and as their prices are more reasonable than an OPC - it might make it financially easier to swallow .... smile
but no 2 years warranty so they need to be 2.5k cheaper :-) might be more expensive in the long run.

Kananga

1,171 posts

187 months

Friday 17th February 2012
quotequote all
Just a personal view but I think close to £40k for a 64k miler is a bit steep, even if it is a 997.2.

Was the car in question an 'S' model ? I was looking at a non-S 997.2 PDK (<20k mls) and I got to £39,750 from an OPC before I pulled out and decided on something else instead.

I think you'd be better to sell the 335i to a trade buyer (eg like the chap who posted above) then negotiating a better cash price. There are a decent number of 997.2s out there and for c£40k i'd be looking for one with much lower mileage.

NorthDave

Original Poster:

2,541 posts

263 months

Friday 17th February 2012
quotequote all
This is why forums are ace! Never thought about selling to a trade place and then haggling for cash.

I'll keep my eye out for a nice Gen II and then take a look at some of the trade places (including the chap above).

Thanks for everyone's help.

anonymous-user

85 months

Friday 17th February 2012
quotequote all
Interesting thread.
I thought Gen2s were still mid 40s, maybe I'll be getting one sooner than I thought driving

Shandy81

137 posts

185 months

Friday 17th February 2012
quotequote all
If I were you, I would get rid of the BM to a trade chap ASAP before it de-values further. If you need, you can hire a cheap car for a few weeks. Just means you can move when you need to other than worry about off-loading your current car.


NorthDave

Original Poster:

2,541 posts

263 months

Friday 17th February 2012
quotequote all
Surely it wont go down quick enough to warrant a hire car!?! It has to reach the bottom at some point soon! The leather on the seats will be worth more than it's trade value soon!

thegoose

8,077 posts

241 months

Friday 17th February 2012
quotequote all
Shandy81 said:
If I were you, I would get rid of the BM to a trade chap ASAP before it de-values further. If you need, you can hire a cheap car for a few weeks. Just means you can move when you need to other than worry about off-loading your current car.
That can work but can also put too much pressure on to buy a new car (possibly rushing in to something a little hastily). I'd "stand on" an under-write for a couple of weeks and can always re-value as time and mileage progress on the BMW, things can also be co-ordinated such that you switch from car to another on the same day.

Peely

902 posts

250 months

Friday 17th February 2012
quotequote all
Waitforme said:
Interesting thread.
I thought Gen2s were still mid 40s, maybe I'll be getting one sooner than I thought driving
They are, but not with 64k on ! wink

MrFreight

129 posts

180 months

Friday 17th February 2012
quotequote all
Hi

Firstly I agree with other posters on here £.40 K with that miles is too much regardless of OPC Warranty etc.

Secondly - Regarding discounts at OPC on New/Used - The New Cayenne Diesel is presently on around 8 month Delivery (longer in USA/CHINA) - I got mine last year (July after ordering in Feb - I was lucky!) you don't get a penny off - they don't need to discount unfortunately!You want one - you pay the price simples!

In my experience with OPC (Vast!) they just DON'T LIKE TRADE INS!!

I was bid £3K down on the 4 X 4 which the Cayenne was replacing - sold it to an aquaintence for the proper money and that was that.

As regards the one you have seen at OPC - I'm be mortified if they didn't "Deal" on a cash sale with used stock - it's just the P/EX that's snookering you.

If you want to P/EX then Independant/Specialist is the way to go (Plenty of
good ones) or if you must OPC then sell the BMW elsewhere and get haggling!

MF

MrBurns

48 posts

178 months

Friday 17th February 2012
quotequote all
the guy at your OPC need to sharpen his pencil, see this at similar price with lower miles:

http://www.pistonheads.com/sales/3508696.htm

Also worth trying the good indys like Northway, RSJ, 911Virgin...they all can do warranties if needed.

Previous advise re your current car is spot as you'll get a better deal for a straight cash buy.

MrBurns

48 posts

178 months

Friday 17th February 2012
quotequote all
the guy at your OPC need to sharpen his pencil, see this at similar price with lower miles:

http://www.pistonheads.com/sales/3508696.htm

Also worth trying the good indys like Northway, RSJ, 911Virgin...they all can do warranties if needed.

Previous advise re your current car is spot as you'll get a better deal for a straight cash buy.

SalesManager

2,248 posts

271 months

Friday 17th February 2012
quotequote all
The Independents are just as good as OPC's if not better in that they care about their reputations. Best to decide exactly what you want and then to find that in the OPC or Independent Network. The Indys will sell you a warranty of thats what you want.

201CHY

55 posts

179 months

Friday 17th February 2012
quotequote all
if you really like the car you saw at the OPC then put a deposit down and you then have a month to complete the deal. In that month try selling the BM yourself. If you can sell it for a higher amount they have offered you great. I did the same a couple of years ago with my BM. In the end price I was offered part-ex could not be matched privately. End game was that I just needed to be driving a p car in a month!

MadMark911

1,755 posts

180 months

Friday 17th February 2012
quotequote all
mrdemon said:
MadMark911 said:
Talk to 911 Virgin - they've got a few 997's in / due in and as their prices are more reasonable than an OPC - it might make it financially easier to swallow .... smile
but no 2 years warranty so they need to be 2.5k cheaper :-) might be more expensive in the long run.
I'd already looked at their website before making that statement ..... and I did extensive research before buying mine from them last year!

So I bought 911 Virgin's warranty (£400 per annum) which is pretty good for major components (like engines), but they are more reasonable (for the same comparable age / spec / mileage) than an OPC - whilst still offering nice, clean & tidy examples.