PX GTS FOR CLASSIC 911

[dazzpowder]

Anyone ever done anything like this?

I have a 991.1 GTS I rarely get a chance to drive so I'm thinking, am I better off garageing a classic that may appreciate or at least have greater residuals.
Really torn love the look of the older cars especially some restomods but having never driven one would the offset driving position and the lack of creature comforts be a bit too much?

And as is the case with classics they always seem to need more attention or work doing to keep them in good shape, so does it even out financially.

[EGTE]

Depends on which classic. The classic-car market's looking a bit toppy right now, generally (£100K Mk-II Ford Escorts......@_@ ).

[Geneve]

There's no short answer to this question.

Investment potential and future residuals are very uncertain. It's always better to buy what suits your use and enjoyment criteria.

A 991 is a mainstream product designed to be used without hassle, it's not an investment. Maybe a GT product will be a better occasional choice, with stronger residuals?

I love the aircooled 911s, but I was bought up on these. A lot more compromises, but a really good example, in the peak of health, on the right day and on the right road is motoring nirvana. The serious classics are pre-74, but the G50 3.2 / 964 / 993 offer a more contemporary flavour. Value-wise, the market prefers ex-factory originality, low(ish) mileage, Coupe, manual.

I've always thought that the perfect Porsche garage has a contemporary and classic Porsche parked next to each other, and a Macan/Cayenne for everyday, whatever the weather, duties.

[supersport]

Most of what you ask is subjective, you have to try one.

Had my 3.2 for 13 years and it's been totally reliable with no sense of fragility. 30 years old and would happily jump in it tomorrow and cross Europe. Might check the tyre pressure first though.

[Cheib]

Older cats SHOULD have better residuals than a new car but if yo take into account maintenance etc maybe the gap is not that big. The market already feels a little bit softer for "run of the mill" classics so maybe now is not the time. The idea of a Restomod is great but I'd wait til one came on the market that I liked rather than get one built....the latter will deffo cost you money if you're worried about getting your money back.

[MDL111]

If you are concerned about residuals, I would stay away from restomods - very small market
Buy a good 911 T or S depending on budget or if newer a 996.1 GT3 or some such car. The one thing I strongly believe that buyers looking at investment cars want all original cars - which is ultimately your buyer universe nowadays if you are looking at the money aspect

I don't live in the U.K. Anymore, but if I were you I would consider lhd as well given that the pound and the U.K. Market might well take a further beating over the next few years/decade etc

[dazzpowder]

Thanks everyone, much food for thought. Current market is a concern, I can't help think it can go much further when I see what some cars are priced at.

I hear what your saying about the restomod market being a small one, I just felt it offered the best of both worlds but finding something crafted by one of the better garages out there commands the same money as a true classic with great province.

Think I'll sit on the sidelines for a while and enjoy the GTS. At least for another year...

[Desert Dragon]

I don't believe your GTS will depreciate or if it does it will be very slow. Stick don't twist

[Si-3PO]

Cheib said:

Older cats SHOULD have better residuals than a new car ....

I’ve got a 7yr old Sphynx that cost me £1900 ... what do you reckon he’s worth now? Never been out in the rain and washed once a week.

[RSVP911]

dazzpowder said:

Anyone ever done anything like this?

I have a 991.1 GTS I rarely get a chance to drive so I'm thinking, am I better off garageing a classic that may appreciate or at least have greater residuals.
Really torn love the look of the older cars especially some restomods but having never driven one would the offset driving position and the lack of creature comforts be a bit too much?

And as is the case with classics they always seem to need more attention or work doing to keep them in good shape, so does it even out financially.

FWIW , I think a 991.1 GTS will depreciate - less than other 991’s but depreciation is an inevitable consequence of owning a modern car - over time this will bottom out - but not for many years ; A well sorted AC should hold more of its value - it may even stay stable and maybe even slowly increase in the time before the 991 stops depreciating - a positive value gap is inevitable IMHO.

Also as others have said - a beautifully sorted air cooled 911 is a wonderful, tactile thing that reminds you what cars should and could be - things that stir the soul.

Interestingly, I walked past a 991.2 at start up last night - it sounded shocking !

They don’t make them like they used to.

Good luck

Edited by RSVP911 on Saturday 18th November 22:16

[Koln-RS]

I agree, a 991.1 GTS, despite being NA, will depreciate. The new 991.2 'T' will be seen as the enthusiasts choice, and maybe this would be a better buy for you than a 'classic'. Worth trying a good air cooled though. They'll never make any more and if it does tickle your fancy, you'll never look back.

[RSVP911]

Koln-RS said:

I agree, a 991.1 GTS, despite being NA, will depreciate. The new 991.2 'T' will be seen as the enthusiasts choice, and maybe this would be a better buy for you than a 'classic'. Worth trying a good air cooled though. They'll never make any more and if it does tickle your fancy, you'll never look back.

Morning Koln - surely the 991.2 T is just like a 991.1 GTS with built in depreciation - I still think one will go down in retained value while the other remains stable/goes up - as you say - they aren’t making any more.

These things are moving further and further away from modern cars - they are no longer being produced and as time goes on they will become relics of a forgotten past.

They sound and smell amazing ; they feel amazing to drive at legal (ish) speeds and they always bring a smile to the face of both driver and passer by

[g7jhp]

Firstly you should narrow down to which classic 911. I'd suggest a standard narrow bodied rwd manual coupe (3.2, 964, 933).
Then go and drive some.

You may decide they're too agricultural.

The other option maybe a 997.2 C2S, GTS or 997.1 GT3 if you want a newer experience with lower depreciation.

[Plate spinner]

I think that in time the manual coupe 997.2 will be seen as a high watermark in the 911 chapters.