Discussion
steve singh said:
Debate between a few friends, just say £23k to spend on a car.
2003 996 turbo tip -60k miles
2008 E92 M3 - 40k miles
2005 997
Which out the three would still be worth the most 3 years down the line (ignore running costs)?
You'd be better to consider the total cost over the period, not just what it would to worth.2003 996 turbo tip -60k miles
2008 E92 M3 - 40k miles
2005 997
Which out the three would still be worth the most 3 years down the line (ignore running costs)?
Interesting responses...I put forward the following...
996 turbo - buy for £23k, worth £14k in 3 years time (£9k lost)
E92 m3 - buy for £23k, worth £11k in 3 years time (£12k lost)
997 - buy for £23k, worth £11k in 3 years time (£12k lost)
However my Porsche owning friend believes a 996 turbo with less than 100k miles on the clock would never be worth less than £20k, but feels over a 3yr cycle total cost of ownership would be...(maintenance + depreciation)
Turbo - £12k (3k dep + 9k maintenance)
M3 - £15k (12k dep + 3k maintenance)
996 turbo - buy for £23k, worth £14k in 3 years time (£9k lost)
E92 m3 - buy for £23k, worth £11k in 3 years time (£12k lost)
997 - buy for £23k, worth £11k in 3 years time (£12k lost)
However my Porsche owning friend believes a 996 turbo with less than 100k miles on the clock would never be worth less than £20k, but feels over a 3yr cycle total cost of ownership would be...(maintenance + depreciation)
Turbo - £12k (3k dep + 9k maintenance)
M3 - £15k (12k dep + 3k maintenance)
Edited by steve singh on Sunday 20th October 17:44
steve singh said:
Interesting responses...I put forward the following...
996 turbo - buy for £23k, worth £14k in 3 years time (£9k lost)
E92 m3 - buy for £23k, worth £11k in 3 years time (£12k lost)
997 - buy for £23k, worth £11k in 3 years time (£12k lost)
However my Porsche owning friend believes a 996 turbo with less than 100k miles on the clock would never be worth less than £20k.
Well its the cheapest turbo currently on offer by some margin 996 turbo - buy for £23k, worth £14k in 3 years time (£9k lost)
E92 m3 - buy for £23k, worth £11k in 3 years time (£12k lost)
997 - buy for £23k, worth £11k in 3 years time (£12k lost)
However my Porsche owning friend believes a 996 turbo with less than 100k miles on the clock would never be worth less than £20k.
steve singh said:
That's a good shout.
True - but there are a LOT of them, which may mean that only the lowest mileage, newest ones hold good value. Bit like the E46 - the very best have held decent value, but ones that are used are pretty cheap. The new M3 / M4 will push them heavily after a couple of years - a lot of people couldn't care less about it being NA or turbo. Plus the new one is going to be lighter, slightly more powerful, loads more torque - could have a bit of 1M coupe DNA. Unless its a dog, there are enough E90s around to prevent silly prices like the 1M coupe.911's have this sort of depreciation trough - they bottom out and come good. I think the 996 turbo may have bottomed out, or is very close to it. The 997 has a little way to go, but the normal 996's will cushion them to some extent.
Hence - M3 probably the most value lost, followed but the 997 and then the 996 Turbo - depending of course on how many miles are added.
steve singh said:
Interesting responses...I put forward the following...
996 turbo - buy for £23k, worth £14k in 3 years time (£9k lost)
E92 m3 - buy for £23k, worth £11k in 3 years time (£12k lost)
997 - buy for £23k, worth £11k in 3 years time (£12k lost)
However my Porsche owning friend believes a 996 turbo with less than 100k miles on the clock would never be worth less than £20k, but feels over a 3yr cycle total cost of ownership would be...(maintenance + depreciation)
Turbo - £12k (3k dep + 9k maintenance)
M3 - £15k (12k dep + 3k maintenance)
Can't see a 996 turbo dropping to 14K even midnight blue over terracotta tip on VCAR.996 turbo - buy for £23k, worth £14k in 3 years time (£9k lost)
E92 m3 - buy for £23k, worth £11k in 3 years time (£12k lost)
997 - buy for £23k, worth £11k in 3 years time (£12k lost)
However my Porsche owning friend believes a 996 turbo with less than 100k miles on the clock would never be worth less than £20k, but feels over a 3yr cycle total cost of ownership would be...(maintenance + depreciation)
Turbo - £12k (3k dep + 9k maintenance)
M3 - £15k (12k dep + 3k maintenance)
Also 9K for 3 years service and repairs is very pessimistic unless you buy from HWM and get Stevie Wonder to do your PPI.
steve singh said:
lotus211 said:
Well its the cheapest turbo currently on offer by some margin
http://www.pistonheads.com/classifieds/used-cars/porsche/911-turbo-996/2003-52-porsche-911-996-3-6-turbo-tiptronic-s-53000-miles-slate-grey/1757565DJWuk said:
steve singh said:
lotus211 said:
Well its the cheapest turbo currently on offer by some margin
http://www.pistonheads.com/classifieds/used-cars/porsche/911-turbo-996/2003-52-porsche-911-996-3-6-turbo-tiptronic-s-53000-miles-slate-grey/1757565steve singh said:
DJWuk said:
steve singh said:
lotus211 said:
Well its the cheapest turbo currently on offer by some margin
http://www.pistonheads.com/classifieds/used-cars/porsche/911-turbo-996/2003-52-porsche-911-996-3-6-turbo-tiptronic-s-53000-miles-slate-grey/1757565I'd guess if you could find them all at 23k, then in 3 years time (my crystal ball says):
996 Turbo will still be above 20k, however could cost you 10k-15k easily over 3 years
997 (if C2S) then you have done very well and will be worth 18k ish and cost 1-2k per year
M3 will lose 30-50% value and cost similar to the 997 to run
Others to consider:
996 C4S
993/964/930
M6/M5
RS4
AMG
Quattroporte if you're feeling brave :-)
996 Turbo will still be above 20k, however could cost you 10k-15k easily over 3 years
997 (if C2S) then you have done very well and will be worth 18k ish and cost 1-2k per year
M3 will lose 30-50% value and cost similar to the 997 to run
Others to consider:
996 C4S
993/964/930
M6/M5
RS4
AMG
Quattroporte if you're feeling brave :-)
Edited by fastgerman on Tuesday 29th October 16:38
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