RE: Inside Line
Discussion
Boxster depreciation: Do not be fooled by this. If you always change the car before you've done 5K miles maybe its true...actually drive it and I'll bet its a different story!
Buy expensive cars and they will depreciate expensively. Even if it is a lower percentage than that lost on a Vauxhall..
Oh dear. How sad. Never mind...!
As an enthusiast I'm willing to pay to enjoy my car - anyone budgeting on buying one would be wise to do the same, I'm afraid!
Buy expensive cars and they will depreciate expensively. Even if it is a lower percentage than that lost on a Vauxhall..
Oh dear. How sad. Never mind...!
As an enthusiast I'm willing to pay to enjoy my car - anyone budgeting on buying one would be wise to do the same, I'm afraid!
Whilst I agree that you should always buy a Porsche with the intention of spending money on it, the great thing about them is that IF you buy cleverly you can always avoid large depreciaption. make sure you get the right model from the right source at the right price and you can usually get nearish to your money back after a year or so.
I've had six over the last five years and never lost more than a grand on any, obviously excluding running costs. (Got more than I paid for two of them
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I've had six over the last five years and never lost more than a grand on any, obviously excluding running costs. (Got more than I paid for two of them
)quote:
Tiptronic is becoming the most popular way to drive a Porsche
Isn't this depressing? That may reveal Porsche are getting into Merc/BMW territory but isn't this going to badly affect the second hand market?
I don't think many enthusiasts who can "only" afford a second hand Porsche would appreciate to see classifieds loaded with auto 'boxes
As far as I'm concerned I regularly look for 928S4/GT/GTS and 95% of them are automatic
PS: not offence intended with the auto gearbox McNab
The thing is, for me, if you're going to spend all that money on a car it HAS to be the one you WANT!
If that's one that will hold its value for years then so be it. If (more likely) its the damn one that will dump out horribly - so be it!
Much as I'd like the depreciation on my car to be sod all I know it isn't and I think its just best to accept that and enjoy the car.
BTW: Scottster: what models do you reckon are the best then? I'm interested. If I could run my Porsche less expensively than I do I'm not closed-minded to the idea.
If that's one that will hold its value for years then so be it. If (more likely) its the damn one that will dump out horribly - so be it!
Much as I'd like the depreciation on my car to be sod all I know it isn't and I think its just best to accept that and enjoy the car.
BTW: Scottster: what models do you reckon are the best then? I'm interested. If I could run my Porsche less expensively than I do I'm not closed-minded to the idea.
Thom: Many people I've spoken to actually say they wouldn't touch a 928 in anything other than the auto box. The manual is just a shite box.
Don: Firstly, I disagree slightly with the 'buy what you want regardless of depreciation. To me, the thought of losing tonnes of cash each turn of the key is going to upset me so much that it would no longer become my dream car. I have to sleep at night knowing my money in the car is as good as in the bank. I'm into my LHD cars really as they're the bargain of all bargains but you can add 30% to my figures and assume they same outcome if you insist on RHD.
There is no 'best model' to get other than the obvious ones, but I'm at an advantage by knowing lots about them, (and cars in general) so have no problem handing my cash over to a private guy and not a garage (first large saving) and also buying at the bottom of the market (but still getting a good model). People will always pay bottom/cheap money for a certain model of car whereas you're going to struggle on resale if you've bought a 'minter' for big money.
I won't say exactly what I've bought for what price in the past, but as an example I've just got a LHD 993 in Iris blue. A chap at work got a RHD one in black a year ago from AFN, same age, lower milage but lower spec too and doesn't look as nice. I paid LESS than half what he paid!!!!!!!
I imagine Bosshog has a similar story with his 993tt?
Don: Firstly, I disagree slightly with the 'buy what you want regardless of depreciation. To me, the thought of losing tonnes of cash each turn of the key is going to upset me so much that it would no longer become my dream car. I have to sleep at night knowing my money in the car is as good as in the bank. I'm into my LHD cars really as they're the bargain of all bargains but you can add 30% to my figures and assume they same outcome if you insist on RHD.
There is no 'best model' to get other than the obvious ones, but I'm at an advantage by knowing lots about them, (and cars in general) so have no problem handing my cash over to a private guy and not a garage (first large saving) and also buying at the bottom of the market (but still getting a good model). People will always pay bottom/cheap money for a certain model of car whereas you're going to struggle on resale if you've bought a 'minter' for big money.
I won't say exactly what I've bought for what price in the past, but as an example I've just got a LHD 993 in Iris blue. A chap at work got a RHD one in black a year ago from AFN, same age, lower milage but lower spec too and doesn't look as nice. I paid LESS than half what he paid!!!!!!!
I imagine Bosshog has a similar story with his 993tt?
quote:
Thom: Many people I've spoken to actually say they wouldn't touch a 928 in anything other than the auto box. The manual is just a shite box.
True to a certain extent: the manual box in every model up to and including the GT had a reputation for being balky . I've got a manual GTS and I know the box design changed. While I do have to be a bit deliberate with the box, it's certainly not heavy or difficult to get gears. Goodwood is always a blast, last time I went with an instructor who was very surprised at how well such a heavy GT moved along and especially praiseworthy for the box as he said it changed the character of the car significantly.
Have fun finding a manual GTS, though, as I think there were a lot less than 100 in RHD form in the UK.
quote:
I imagine Bosshog has a similar story with his 993tt?
Yes and no. I brought mine from an importer (the cars from Germany) and sold it in France!. It was a left hand drive 993 TT at a cost of 37K over a year ago. In the UK RHD 993TT where fetching about 50-55K, so for me it wa a total bargin. Not sure what the going rate in the UK now for a LHD 993TT is, but I imagin about 36K? so thats not bad for depreciation. I'm working in France at the moment, and prices of second hand cars are generally a lot higher than in the UK. THe normal asking price (at the moment) for a 993TT is about 40K, so you see I sold mine quite easyly for the price I was asking.
Now knowing several official and non-official porsche garages, and knowing the car. If I was going to buy one again, I would source and good one out in Germany (www.mobile.de), and then pay a official porsche garage to do an inspection. This inspection is the same one that they do if they buy the car off you, and it will point out anything that is slightly wrong with the car. Alot of items probably don't need doing straight away and you can then use this to get a large reducion from the asking price - you'll also know what will need doing on the car in the next 12 months.
I have to say though if you don't mined paying the extra premium (3-4K) on buy from an official garage you will get a very sorted car, as (in my experience) they only buy good examples plus you get the 1 years warranty anywhere in the world.
Personally I will definitly be getting another in a few years once I've saved up again. For me its the ultimate everyday super/road car.
>> Edited by bosshog on Wednesday 24th April 09:33
quote:
Feel free. It's my home email, though, so I won't be able to reply until later.
I am afraid my computer refuses to send you an e-mail via your site. It has to do with the set-up which I am not allowed to modify (work computer).
Could you please send me an e-mail via PH so then I could get your e-mail adress?
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