991 turbo feedback before purchase please folks

GrahamGT4 · Mar 10, 2022

Hi all

I am looking at buying a 991.1 turbo. I would own for as long as it takes for my Taycan to arrive (at this rate likely a year) White, PCCB’s, 20” turbo S alloys, cruise etc. I’ve approached an independent finance broker familiar in Porsche circles and he strongly advised me against it suggesting

1) white is wrong colour and not favourable over stuff like GT silver and others etc - difficult to resell

2) mileage too high and again a difficult resale point

3) turbo’s are overlooked in favour of turbo s and again another hard resale point

Basically saying that I would struggle to find a trade buyer who would want to buy it off me and if I did it would be for daft money circa mid to early 50’s. To be honest I was surprised at this as thought it was sensible money as offered it for £70k

what do people think ?

https://www.autotrader.co.uk/car-details/202202022044072

Dylan1 · Mar 10, 2022

I’d agree with all the points he made
55k miles is high by porsche standards
if it’s 65k come sale time I think you’ll struggle
colour isn’t such a big deal but non sports seats plus/ adaptive sports are imho a big deal
and yes most people prefer paying a dividend for the S
if you’re happy to take a £10-15k in a year then go for it

GrahamGT4 · Mar 10, 2022

Thanks for your reply… this is it you see I’m not happy to loose that kind of money. I have an Emira 4cyl as well as the Taycan and suspect the Emira will arrive first. my thought process was stick £15k into the turbo and get at least half of it back etc worst case; then out that into the Emira.

if buying the turbo means big losses then it looks like a nine starter.

he suggested going GTS to basically loose little money if any (buying "right” so to speak) or turbo s that way possibly spending more money but loosing a damn site less

Tony Warr · Mar 11, 2022

It looks like a 991.2 multifunction steering wheel. Does it have gps adapter to make it work on a 991.1? The 991.2 is a much nicer steering wheel in my opinion.
BTW I like white.
An alternative might be to offer the dealer what you think that the car is worth: given the milage, etc. Dealers almost always offer sellers much less than expected

Just another perspective. Good luck.

GrahamGT4 · Mar 11, 2022

Hi Tony

yes 991.2 wheel. what do you mean by the gps adaptor comment?

spoke with them today. they have dropped a little more but said no further. Deal now at £69k thoughts

cheers

Benelux · Mar 12, 2022

[Hi Tony
Nothing wrong with white go for it.

quote=GrahamGT4]
Hi all

I am looking at buying a 991.1 turbo. I would own for as long as it takes for my Taycan to arrive (at this rate likely a year) White, PCCB’s, 20” turbo S alloys, cruise etc. I’ve approached an independent finance broker familiar in Porsche circles and he strongly advised me against it suggesting

1) white is wrong colour and not favourable over stuff like GT silver and others etc - difficult to resell

2) mileage too high and again a difficult resale point

3) turbo’s are overlooked in favour of turbo s and again another hard resale point

Basically saying that I would struggle to find a trade buyer who would want to buy it off me and if I did it would be for daft money circa mid to early 50’s. To be honest I was surprised at this as thought it was sensible money as offered it for £70k

what do people think ?

https://www.autotrader.co.uk/car-details/202202022044072

[/quote]

Lancerlot · Mar 12, 2022

You'll struggle to make an Emira work after you've been used to a 911 Turbo!

Regards,

Clive

GrahamGT4 · Mar 12, 2022

Ha ha possibly but although I love Porsche I’m not totally brainwashed to think other brands don’t also offer a fantastic product.

The new Emira looks an incredible offering and even better in the flesh trust me. I am waiting on the i4 AMG engined car and although can’t be compared to a turbo (half the price) it will be way more than half the car…

anyway with a Taycan on order through a fantastic salary sacrifice deal the Turbo was going to be an interim car between either the Emira or Taycan arriving.

didn’t want to buy and be left loosing all my cash with a turbo that I can’t sell or have to drop my trousers and take a big hit

drangular · Mar 13, 2022

Your money would be far safer in a 991.1 GTS . Take a look at the prices on Autotrader and you'll see what I mean. If I considered selling mine it looks like I could ask for a few thousand more than I paid for it 18 months ago. That situation isn’t looking like changing much over the next year or so given that Porsche have stopped production of some models completely.

595triple · Mar 13, 2022

As an owner of a 2015 991.1 GTS Manual for nearly a year, I have kept an eye its value and 911's generally. I did not buy it as an investment (I've done 10K in it this year which is more than half the mileage the previous two owners had done in total!). Pricewise this car has maintained its place over the last year. I paid £85K on 19K. The few manuals I have found are still fetching £83-£91K. The latter being for low mileage but the former for 33K+. Even so I have been told if I P/X it against something like a 'cheap' 991.2 GT3 at £130K, I would be offered about £70, maybe £75K. No thanks. My only focus is it being worth more than £40K in 2026 when the finance is up.

Looking at the various market analysts views on 911 pricing, it seems a correction to the boom in 911 values is just starting. That is only to be expected as regular production gets back to normal. I think anyone who drops £250K on a 992 GT3 or £150K on a 991 GT3 will get all they deserve for their stupidity very soon!

Having said this, now Porsche and other German car companies are being impacted by the Ukraine Invasion (due to all their wiring looms being made there), values may hang on for a bit longer. Last week Porsche stopped all Taycan production so you might have to wait a bit more than a year for yours.

Personally I would ask yourself why you want this particular car. If you like it then that is all that matters. As a model, I understand the Turbo S is actually the most popular 911 in sales (only what I hear, I have not looked for numbers). As the Turbo is aimed at the 'luxury' as opposed to 'sports' orientated buyer, I think you need to look at the options the car has if you want to maximise its resale. If I were looking for a Turbo then the big glaring omission on this one is the lack of sunroof. You may not be interested in that but apparently the sunroof (and oddly, I understand, a rear wiper) are options that can sway decisions.

If you only want it for a year then either get something where the depreciation curve has flattened and is more independent than main dealer territory. Main dealer pricing will always include the 2yr warranty which is £2000 on top of the cars value. Instead look at a 997 (although prices of those are now dipping after a massive increase). 991.1 seems to have just peaked. Verdict is still out if it will go up a bit more or start to correct.

Personally I think £70K (£68K without warranty cost) for a 6 year old Turbo is probably fair as its on the low side. That meaning its not desirable as its higher than average mileage and lacks options. That could mean its either a bargain or a gamble.

991.1's appeal is mainly due to being the last NA cars and more so on top if manual. The Turbo is neither.

GrahamGT4 · Mar 13, 2022

Thanks for the replies; the last very interesting…

bad news for Taycan delay albeit a war and the welfare of Ukrainians comes before a piece of metal. I will wait.

Interesting view on the balloon effectively bursting. To be fair I have thought this for quite some time; effectively 2yrs over no loss.

reason for looking at it was I thought seemed cheap amongst the current offering. I have been offered it for £69k as it stands. Can’t see them budging but was going to go back at them with £67k

Like anything didn’t want to loose much on it. I had my GT4 for 8 months buying at 71k and selling at 67k. This a small loss given the pleasure over that period.

I suppose the chance of owning a turbo and colour was what drew me.

GrahamGT4 · Mar 13, 2022

P.s don’t get me started on the over inflation over new models especially the GT3 and no doubt to come GT4 RS.

Truth is this club and the enthusiast mean nothing to Porsche who allow flipping and inflate the "used” cars with hundreds on miles on them as opposed to turning people away. if all OPC’s stood together and refused the silly mark up then yes dealer stock would be low; but it would also pull the market back down.

it’s wrong that hard working people struggle to realise their dream due to this blatant flipping and having to buy and loose thousands on other less desirable models just to get a whiff of a GT car. End up doing what I did and getting one many years later as I refuse to throw money into a great brand that doesn’t support it’s real loyal following.

to put things into perspective the new Emira offering a tantalising package for sensible money and again with a good community behind it.

can’t knock my local OPC; Teesside very good. Just wish Porsche would listen and act at the same time.