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Gentelmen your advice please

Bofh

New member
I've desided to kick start my mid life crisis early and as such have settled apon the idea of a Porsche. I started looking at the 80's and discovered that a good 80's car was over 10k, then I desided that whilst I love the exterior I just don't like the early 80's interiors.

So here I am, I currently drive a 3.0 Sovereign x-type estate, she's fully loaded with all the toys required to keep a chap happy. She's also Bi fuel LPG so only costs £36 for 265 miles, all good stuff but as I ride bikes to work and hardly go out that's alot of car sitting on the drive doing nothing other than look shiny. Also in time she will start to depreciate all on her own.

Now I don't like to lose money if I can help it, so I've had a thought. I do like detailing and I plan to sell the Jag and add a little cash to the pile, then go off hunting for a 996 that requires a full detail especially paint correction.

The aim is to buy a mechanically sound car, 80-100 miles or so for under 15k. Then set about detailing it, as I only do around 100 miles a month in the car I'm not to worried about fuel costs. I'll keep it for the majority of the summer and sell it towards the end, hopefully for a small profit or at least recover my money.

I feel that early 996's will start to hold or apreciate over the next few years as the 80's cars have done. So in your opinion guys is this a fair plan?

I'm looking at 996's up to 2000, would prefer black with a light interior.

Any advice you might have will be helpfull.

Thanks

PS. I've had a good look through the gallery at your cars, I have to say there are some excellent examples in there with a few stunning paint jobs. Well done [;)]
 
Its hard to say if you will make any money but if you buy the right car (good history, fair to good spec, lowish to average mileage, good interior and exterior condition) at the right price (£13-15k) then you can probably sell it for at least the same price you paid for it. Although the purchaser might ask why you've only had the car for a few months and are selling up.
 
Thanks Minny and a fair point. I thought about documenting the work carried out to help with the sale and hopefully the buyer would understand. If I was the buyer I'd be a little suspect and disapointed that an extra owner was on the log. On the other hand I might well keep hold of her for a year or two and wait for the right time to sell.

ORIGINAL: minny

Its hard to say if you will make any money but if you buy the right car (good history, fair to good spec, lowish to average mileage, good interior and exterior condition) at the right price (£13-15k) then you can probably sell it for at least the same price you paid for it. Although the purchaser might ask why you've only had the car for a few months and are selling up.
 
Don't discount the 90's cars, particularly the 968 which seems to be holding its value well. The latest post in the "register roll call" section of the 968 forum makes interesting reading - as the poster has swopped from a 997 to a 968 and is rather pleased!
 
996 appreciating? *scratches chin* hmmm
I'd buy a tidy 993 and detail that instead, not too old fashioned, full of Porsche character and likely to at least hold it's value.
 

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