buying a 997, a good time?
- Thread starter TrevS
- Start date
dereksharpuk
New member
Wow Dyllan, never knew that they made Caymans 21 years ago. Mind you, it is about time you got a Gen 2 [
]Unless you have lots of funds at your disposal I'd sit back and bide your time. No one is sure where this whole mess is going, but you don't have to be Warren Buffet to see that prices of performance cars are plummeting - and I still don't think asking prices are close to reflecting the true picture. As happened with the stock market after 12 months of doom, there is much worse to come for our cars - more's the pity.
And if you want a 997 turbo instead of an S, hold fire - this time next year they may be in budget. In fact I bet the early ones will be sub £50k not far into the new year. I hope I am wrong.
Then again.... sod the market and buy now if you can afford to take the hit. The S is a great car, already superb value for what it offers, and you will love it.
Mark
And if you want a 997 turbo instead of an S, hold fire - this time next year they may be in budget. In fact I bet the early ones will be sub £50k not far into the new year. I hope I am wrong.
Then again.... sod the market and buy now if you can afford to take the hit. The S is a great car, already superb value for what it offers, and you will love it.
Mark
davidcross
New member
the problem with waiting for the "next" car to get cheaper so u can buy the better one instead means u never actually pull the trigger as your constantly waiting. the 997 c2s is awesome, i can seriously recommend it. although having prasied my car just about all day ive just noticed an oil leak tonight under the gearbos in the garage!!
TrevS
New member
Hi everyone
Just to give you an update on this. I went to Solihull OPC today after speaking with someone there yesterday and arranging a test drive in a 04 slate grey 997. I explained on the phone that I was new to porsches and that I haven't driven one before and was just looking for an initial introduction to the marque and to get a feel for what the 911 offers. The guy I spoke to was very helpful and fine with this and said to allow 1-2 hours for a test drive and a chat. All was looking good.
Anyway after the 40minute drive to the OPC today the guy I met was not the guy I spoke to and had no idea that I had booked a test drive in any car. Therefore he said unless i was commited to buying one of the cars that i wouldn't be able to drive any of the used stock. I did get to have a good look round the car and asked quite a few questions regarding the car, options etc but to be honest the salesman wasn't that helpful. I think the fact that I was honest and said that i would probably hold on for up to 6 months before buying one due to the credit crisis and the fact i was hoping that the prices might fall a bit didn't really help.
The only useful bit of information i did get from him was that he said waiting 6 months was a good idea as he expected 997's to fall into the £30k's and that there would be a much larger selection of 997's in my price range available. I appreciated his honesty with the fact he thinks the 997's will fall quite a bit over the next year but it did concern me that as porsche representative he wasn't reinforcing the fact that porsche's have strong residuals.
Anyway to sum up i went to see if a porsche is the car for me and left disapointed without being able to drive a car and with the customer service.
My missus did enjoy her hot chocolate though
Trev
Just to give you an update on this. I went to Solihull OPC today after speaking with someone there yesterday and arranging a test drive in a 04 slate grey 997. I explained on the phone that I was new to porsches and that I haven't driven one before and was just looking for an initial introduction to the marque and to get a feel for what the 911 offers. The guy I spoke to was very helpful and fine with this and said to allow 1-2 hours for a test drive and a chat. All was looking good.
Anyway after the 40minute drive to the OPC today the guy I met was not the guy I spoke to and had no idea that I had booked a test drive in any car. Therefore he said unless i was commited to buying one of the cars that i wouldn't be able to drive any of the used stock. I did get to have a good look round the car and asked quite a few questions regarding the car, options etc but to be honest the salesman wasn't that helpful. I think the fact that I was honest and said that i would probably hold on for up to 6 months before buying one due to the credit crisis and the fact i was hoping that the prices might fall a bit didn't really help.
The only useful bit of information i did get from him was that he said waiting 6 months was a good idea as he expected 997's to fall into the £30k's and that there would be a much larger selection of 997's in my price range available. I appreciated his honesty with the fact he thinks the 997's will fall quite a bit over the next year but it did concern me that as porsche representative he wasn't reinforcing the fact that porsche's have strong residuals.
Anyway to sum up i went to see if a porsche is the car for me and left disapointed without being able to drive a car and with the customer service.
My missus did enjoy her hot chocolate though
Trev
TrevS
New member
One other thing, I did think that due to my age that perhaps the salesman didn't take my enquiries too seriously. I am 26 so i guess pretty young to be looking at 911's and i am sure they get quite a few bogus enquiries from younger drivers. At the end of the day though if I can afford to buy a porsche I expect to be treated the same as any other potential buyer.
surprised by your last comment,as lots of folk on this forum have been in your shoes,like me,prekids etc in mid-late 20`s looking at first porsche-would have thought currently that would be a good market....not a good time to buy/move house so why not have some fun with a 911 instead[
]
dereksharpuk
New member
My OPC told me they are cutting back on demos, getting rid of some staff and not loaning cars
Went to my local Aston dealer to test drive a manual AMV Roadster today and was given a 45 minute test in an "unregistered" brand new car [&o] as the dealers demo was on weekend loan to a potential customer ...what can I say the way I was treated first class even though I had said I would not be buying until next summer time subject to the forthcoming fall out from the economy etc.
He took details of what I was interested in, said he hopes we can put a deal together as and when I'm ready etc. I even showed him a brand new unregistered AMV Roadster for sale today with £31k discount off list and he said yes there are amazing deals out there today and agreed they may even get better as the crunch bites harder in the coming months.
What a refreshing change of attitude from the cock & bull one gets from an OPC these days [
]
Ronnie C
New member
I wouldn't worry about age. I was 26 when I placed my pork order and just turned 27 when it arrived from stuttgart. There are buyers both older and younger. Like anything in life you will be judged and when buying pork, so long as you project some gravitas, multiple test drives should not be an issue.
I'm suprised in the current climate of huge drops in sales, OPC staff aren't more customer friendly.
dereksharpuk
New member
ORIGINAL: daro911
Went to my local Aston dealer to test drive a manual AMV Roadster today and was given a 45 minute test in an "unregistered" brand new car [&o] as the dealers demo was on weekend loan to a potential customer ...what can I say the way I was treated first class even though I had said I would not be buying until next summer time subject to the forthcoming fall out from the economy etc.
He took details of what I was interested in, said he hopes we can put a deal together as and when I'm ready etc. I even showed him a brand new unregistered AMV Roadster for sale today with £31k discount off list and he said yes there are amazing deals out there today and agreed they may even get better as the crunch bites harder in the coming months.
What a refreshing change of attitude from the cock & bull one gets from an OPC these days [
Two points on this:
1. I'm glad that I am not buying that surposedly new AM, having been taken for 45 minute test drive. I would have been furious if anyone even sat in my new Porsche.
2. What would £31K discount do to AM residuals? The mind boggles.
1. Totally agree but as the surposedly new AM is heavily discounted at the moment £20k off list and I have no doubt the dealer could be convinced to drop another £10k without even registering the car in anyone elses name perhaps a 45 minute test is worth a hefty discount to the new owner whoever he or she may be [
]2. I hope AMV residuals continue heading South during the forthcoming recession scheduled to kick off early 2009 and I would willingly help out and pass up on a brand spanking new Porsche and hopefully by the end of the long hard recession might even be quids in on the deal [8D]
Carreraman2s
New member
Low mileage 2007 c2 and c2s very good value just now, car bought 1 year ago with good spec at £ 76k maybe only making £ 45k to £ 50k might only drop another £ 15k in a year. A new Gen2 911 probably drop £ 20k on purchase ?
However who remembers the booming stock market of some years ago when a 993 list price say £45k was making over £ 100k, never mind the value of Ferraris !
Wealth warning in new 911 handbook says used values can go down as well as very down !
No matter what you buy 911 wise you will not regret it, still the value drive of a lifetime !
Meteor 911s
Black CLK
Silver Mini
Big smile on my face !
However who remembers the booming stock market of some years ago when a 993 list price say £45k was making over £ 100k, never mind the value of Ferraris !
Wealth warning in new 911 handbook says used values can go down as well as very down !
No matter what you buy 911 wise you will not regret it, still the value drive of a lifetime !
Meteor 911s
Black CLK
Silver Mini
Big smile on my face !
Black80XSA
New member
specialist car with a limited market for sure, but its not going to lose another £15k for a very long time - it'll never be an easy seel, always going to be sold on to an Aston fan rather than run of the mill sports car junkies, but its one hell of a car for the money. If you can cope with the running costs its a steal - similar money invested in a 997 is going to lose a lot more money IMO.
Black80XSA
New member
OPCs aren't buying cars for stock for sure - what they are doing though is giving 'inflated part ex' prices because PCGB are re-funding the OPC an element of the part ex to keep sales and stock movement up.
Establish your budget, look at a few cars and when one plcks your heart strings go for it - you'll never make money on a car (with a few exceptions), especially in these times. Think of it as enjoyment rather than investment !
Establish your budget, look at a few cars and when one plcks your heart strings go for it - you'll never make money on a car (with a few exceptions), especially in these times. Think of it as enjoyment rather than investment !
Posts made and opinions expressed are those of the individual forum members
Use of the Forum is subject to the Terms and Conditions
