My beloved 911 Turbo

[Alex L]

Any suggestions for a ball-park to price my 911 Turbo at I am thinking of selling? Autotrader has a range of about £45k to £55k for a large array of cars, and it's really left me very confused. I'm not going anywhere near an OPC valuation, especially with the car's upgrades. I would personally pay about 80-90k for it if I was buying and comparing other equivalent cars - but the market doesn't seem to support that.

The car really needs to go to a new home where someone appreciate how good it is to drive (practically on a par with a new 991 Turbo S given my back-to-back drives) - not just choose the cheapest 997 gen 1 Turbo on the market. I am only selling as I'm getting pressure from the family given I never have time to drive it any more, and just sits in the garage looking pretty.

I put together a fact sheet for HR.Owen, who are going to put it on the market for me and add one of their own warranties...

Porsche 911 (997) Turbo

1 GENERAL
"¢ Manufacture Year: 2008
"¢ Registered: December 2007
"¢ Owners: 1
"¢ Current mileage: 31,730
"¢ Condition: Excellent. Few paint chips on front of the car. Full service history at OPC Reading.
"¢ Price new with factory options: £114k
"¢ Modifications: £30k+

2 PERFORMANCE
"¢ 537 BHP / 400 KW / 544 PS @ 6200 rpm (480 PS stock)
"¢ 589 lb-ft / 798 Nm @ 3770 rpm (620 Nm stock)
"¢ 0-100 km/h: 3.3 s (3.7 s stock)
"¢ 0-160 km/h: 6.8 s (8.0 s stock)
"¢ 0-200 km/h: 10.4 s (11.9 s stock)
"¢ 100-200 km/h: 7.1 s (8.1 s stock)
"¢ Vmax: 316 km/h / 197 mph (310 km/h / 192 mph stock)

3 STANDARD SPECIFICATIONS
[see official 2008 press release PDF for details]

4 FACTORY ADDED OPTIONS
"¢ Arctic Silver Metallic
"¢ Leather interior in black
"¢ Rear axle-differential lock
"¢ Heated seats
"¢ 19 inch Turbo wheels, forged, two-tone
"¢ Three-spoke multi-function steering wheel in smooth leather (only with PCM)
"¢ Porsche Ceramic Composite Brake (PCCB)
"¢ Windscreen with grey top tint
"¢ ParkAssist (parking aid rear)
"¢ Sport Chrono Package Plus
"¢ Electric slide/tilt sunroof
"¢ Telephone module
"¢ Slats on air ducts aluminium look
"¢ Thicker three-spoke multi-function steering wheel in smooth leather (only with PCM)
"¢ Exterior package external paint colour
"¢ Gear lever and handbrake lever in aluminium
"¢ Adaptive sports seats
"¢ Manual Transmission
"¢ Porsche Vehicle Tracking System (VTS)
"¢ Side skirts
"¢ Sport shifter
"¢ Rear section of centre console in leather

5 AFTERMARKET UPGRADES

5.1 ENGINE (FITTED BY PARR)
"¢ Cargraphic Power Kit 2 RS "" sports exhaust, ECU upgrade, Sports air filter (544PS/798Nm)
"¢ Cargraphic Reinforced Performance Clutch Kit - incl. single mass fly wheel.

5.2 SUSPENSION (FITTED BY CENTER GRAVITY)
"¢ Bilstein B16 Damptronics (ClubSport version)
"¢ GMG WC Sport sway bar set
"¢ GMG WC rear toe steer kit + MNB rod-ends upgrades (F1-grade)
"¢ GMG Dog bone kit
"¢ Custom geometry setup by Center Gravity suspension tuners

5.3 EXTERIOR
"¢ Light-weight 19" HRE P40 Wheels - dual tone, polished silver-grey
"¢ Michel Piliot Super Sports + tyres
"¢ Mesh in front grill to protect radiators

5.4 INTERIOR
"¢ Rennline Pedals

6 ADDITIONAL INFORMATION
"¢ Mods history: http://londonaccountants.hubpages.com/hub/fast-art
"¢ Still have the original exhaust (changed at 2k miles)

 

[okellyt]

Alex

As I discovered with the beast you don't get back the money on the extra/change you've made. It might get a slightly higher price on the band for the age and mileage but that's it. Better of keeping her if you can. You just need to drive it more...........[&o][&o][&o]

 

[keithpms]

Alex

Keep the car and sell the family!

 

[Boxstercol]

Can't believe you're even considering selling.

Keep it, end of.

 

[Dylan1]

You can't possibly selli it Alex it has your DNA!![]

 

[rob.kellock]

Agreed - it must be worth far more to you than anybody else.

Sadly, the market does not generally reflect money spent on modifications, however carefully executed. To some people (and I am not saying they are right) the car would be worth more returned to OEM spec.

Good luck however you proceed.

Having recently sold a Boxster Spyder I owned from new, I'd be cautious about "logical" reasons to get rid...

 

[garyw]

Sad to hear you're thinking of selling Alex but if the times right then there's no stopping it. ( I sometimes wish I hadn't sold mine though [])

Like Tom says the additions you have done are pretty worthless, so count that money as gone and it was for your benefit, indeed some may think the additions distract from the car and make it less reliable than a standard untouched model -certainly in an OPC eyes which just look at it being an asset.

However I'd of thought a private sale on the likes of PH would open the door to all those potential owners that appreciate the options and see the real worth and value of what you've done to the car.

Either way best of luck []

 

[lowndes]

I think it comes down to the size of the market and how long you are prepared to wait.

In my view the majority of people paying £45k for a 997T will be looking for an unmodified car with full OPC history. At this price point the cost of repairs becomes a significant issue and potential buyers are likely to want the option of being able to take out Porsche extended warranty. For many of these people the standard car has more than enough performance anyway.

Clearly there is a market for modified cars and as others have said PH is where I would tend to look. How long it may take is hard to call.

So if you want to clear some garage space I would think in terms of removing the mods and reverting to standard spec and then selling the parts separately. Naturally you would have to factor in the cost of this and it does depend on having kept the original bits and pieces.

Or of course just keep the car.....and drive it []

Good luck whichever way you chose.

 

[okellyt]

ORIGINAL: lowndes

I think it comes down to the size of the market and how long you are prepared to wait.

In my view the majority of people paying £45k for a 997T will be looking for an unmodified car with full OPC history. At this price point the cost of repairs becomes a significant issue and potential buyers are likely to want the option of being able to take out Porsche extended warranty. For many of these people the standard car has more than enough performance anyway.

Clearly there is a market for modified cars and as others have said PH is where I would tend to look. How long it may take is hard to call.

So if you want to clear some garage space I would think in terms of removing the mods and reverting to standard spec and then selling the parts separately. Naturally you would have to factor in the cost of this and it does depend on having kept the original bits and pieces.

Or of course just keep the car.....and drive it []

Good luck whichever way you chose.

You'll get less tyre kickers -a with the mods they'll be interested if they do approach you. to some specialist like Parr and Porschehop who can recommend the car to other interested parties and link you with people looking at modified.

 

[andrew_churcher]

stunning car. GLWS.

 

[Alex L]

Good news - may have found a loop-hole in the case.

I forgot that last year my Mrs bought me cruise control retrofit on the car for my birthday present. And you can't sell a present!

Plus Jr got really upset when he found out I was selling.

So looking hopeful to keep it now...

 

[waxman]

You know that makes sense[]

 

[Dylan1]

the only right decision
if its worth £90k to you and you may only get £45k then it makes no sense to sell it Alex-just enjoy it-for jrs sake!!!

 

[okellyt]

Good angle Alex, I'd work that one for all its worth.

Its a lovely car and you have it how you want it, with only 30k mile on the clock it not even run in yet..........So all you need to do now is drive it more so the "you never use it" angle is covered off and your away......[8|][8|][8|]

 

[Dylan1]

you could always offer to put some miles on it for alex while you wait for your turbo s Tom
sure it would be a much appreciated offer of kindness []

 

[okellyt]

ORIGINAL: dyllan

you could always offer to put some miles on it for alex while you wait for your turbo s Tom
sure it would be a much appreciated offer of kindness []

Now there I an idea........... I could even do a back to back comparison for the blog.......Not sure what Alex get out of this though...lol

 

[Alex L]

So I ended up selling my Cayenne instead of my 911 - just couldn't bare to part with it.

There's something very wrong with a world that a Porsche 997 Turbo is only worth £35k now... A completely ludicrous amount of car for that amount of money.

...

Looking on Autotrader I see equivalent Ferrari/Lamborghini's about the the same age/price (ok so a little higher new price) are all now around the £70-80k mark.

I don't think I'll be buying a new mass-produced Porsche 911 ever again - not that I will need one if I continue to keep mine.

PS: The Cayenne Diesel is actually the best car for depreciation (over 3 years will retain 73.8% of its value) according to: http://www.telegraph.co.uk/motoring/news/10734551/The-best-and-worst-cars-for-depreciation.html

 

[Dylan1]

as i keep saying you only lose out on depreciation if you sell your car
if and when i get my new 991 i intend keeping it for 10yrs or more so depreciation wont be a problem[]

 

[garyw]

All the more reason to use it Alex []

A lightly used one is only worth a small amount more than a well enjoyed Turbo.[&:]
Prices on the Turbo have stopped sliding after people realised what a bargain it was- that and the 996Turbo prices are holding well in comparison.

Ferrari dealerships closely control the prices, that with lower build numbers and you can see the Italian have it sorted.

 

[okellyt]

ORIGINAL: Alex L

So I ended up selling my Cayenne instead of my 911 - just couldn't bare to part with it.

There's something very wrong with a world that a Porsche 997 Turbo is only worth £35k now... A completely ludicrous amount of car for that amount of money.

...

Looking on Autotrader I see equivalent Ferrari/Lamborghini's about the the same age/price (ok so a little higher new price) are all now around the £70-80k mark.

I don't think I'll be buying a new mass-produced Porsche 911 ever again - not that I will need one if I continue to keep mine.

PS: The Cayenne Diesel is actually the best car for depreciation (over 3 years will retain 73.8% of its value) according to: http://www.telegraph.co.uk/motoring/news/10734551/The-best-and-worst-cars-for-depreciation.html

Alex

Agree it frustrating and a pain - but your is such a good car it needs driving and enjoying, stuff the depreciation you've already had it so enjoy. It'll be another 10 year plus before mainstream cars get anywhere near its performance so enjoy. Right call on which car you sold.

You need to sneak out on a few day drive or weekend trips next year with fellow enthusiast and make the most of a fab car..............