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V.Sad day:(

It's a real shame to hear this Ben [:(] These things can be damned expensive and sometimes you have to give in to fiscal sense.

If I wasn't spending so much on my own at the moment (again) I'd stupidly think about the engine for the S2 [;)]

I think you will struggle to sell it until the engine is run in and set up properly, but when my car is back on the road I'm happy to take prospective purchasers out in mine as a sort of demo for you
 
You must be gutted, after waiting so long. I hope it goes to a good home. If timing was a bit better i'd have snapped your hand off.
 
Wow Ben I'm really sorry to hear that. Is there no 11th hour chance of keeping the car? That's such a shame after what undoubtedly must have involved much time, money, and emotion to get that to where it is today.
Best of luck no matter which way you go.

Patrick
 
Cheers for all the comments guys I'm pretty upset myself. Its the sensible side of my personality telling me that I need to think about getting on the property ladder pretty soon and after all these years of collecting car debts carrying on and spending more isn't the best of ideas.

Regards,

Ben

P.S. But having sat awake all night Sun and Mon (apart from being very tired and grumpy) I've decided there is always an 11th hour! You only live once and I've actually been in negotiations with the bank during my lunch break today.

We shall see... I don't want to be really silly but if I take it slow and don't rush to buy everything at once it would be a shame to throw away all the years of hard work and investment now.

Plus I rather like 944's and wouldn't mind keeping it.. What else would I buy to replace it?? There is no other car I've ever driven that combines the practicalities of an every day car with the joy of driving like a 944. Other sports cars are too impractical and the fun of fast saloons soon wears off as you've always got the weight there to dampen its handling and kill you when you get it wrong.
 
Stick with the car you know and think what you would replace it with!!............. a £4/5k 944S2 or Turbo I bet!

Use the car as security on your deposit and keep the car
 
Its the sensible side of my personality telling me that I need to think about getting on the property ladder pretty soon and after all these years of collecting car debts carrying on and spending more isn't the best of ideas.

How would you feel if the property market were to crash? Just a thought.... [;)]
 
Yes but the car can be sold at any point so why sell unless you absolutely and utterly have to. The thing about mortgages is that they get smaller as the years go on so if you stretch yourself now you know that over the years it will get easier. Just think, in 5yrs or so time when the mortgage is a much smaller proportion of your monthly paypacket you might be kicking yourself that you didn't keep the 944. I'd love to take it off your hand and if it was 6 months ago or even 6 months in the future i'd have probably gone for it!
 
You chaps all speak sound sense. Gordon.. a 944T and a 993TT life just isn't fair! Hmmm how much are kidneys worth on the black market.

Anyway true point maybe I panicked about the situation it is very tight but it will change over time and it would be a shame to sell something like this that I would never get again.

Verdict reached. The add has been removed (for now).

Regards,

Ben
 
I dont like to see that ......[:mad:]

I got my Turbo 7 years ago at the same time I bought a house ... used the money I had gathered to do the house up to buy it...! Ended up selling the house on and keeping the 944. I bought the parents place which is where I live now.....!

Make sure you listen to your heart not your head.... KEEP THE 944 FFS
 
I am going to be the lone dissenter here ... but DO keep your financial head on, at least a little.

I don't know anything about your situation - how old you are or how much cash you have to splash, but investing now (in a house) is likely to make you money in the long run. Spending money on cars is going to lose you money in the long run (probably.)

Given that you already have the car, and it is not worth as much as you have spent on it (they never are, are they?) the situation is a bit different, but now (at 32), I can say that I have no regrets at spending some long time driving naff cars and putting money into mortgages. Boring? Yes. Difficult? Yes, when friends are going around in significantly nicer wheels than I have. Depressing? Yes - guess how I spent the millennium (Dec 31st 1999/2000)? In a Sainsburys car park, trying desperately to change the ignition system on my knackered old Golf by torchlight so I could get to a party ...

However this financial scroogeness was worth it in the long run.

Think about yourself 10 years down the line. What will that person want you to do now?

(I know this is probably not what you want to hear.)


Oli.

Edited 'cos I got the date wrong!
 
Oli

You`re absolutely correct. Think long term. Boring I know but you can always buy another car.

19 years ago we sold my lovely old Rover SD1 and ran around in an old Fiat Panda that no-one would be seen dead in (we were always picked up) years ago while we did up an old cottage in the country which had lain empty for 17 years. It cost us a lot of money and we were broke most of the time. We lived out of cardboard boxes for a year, no heating etc. Two years hard graft and it was habitable. All my mates had nice new little town houses and new cars.

We`ve gained a fantastic house and now have a low mortgage and disposable income (that the wife controls) whereas my mates have scarily huge mortgages quite late in life playing catch up.

Swap the engine for a normal turbo and sell the engine (or keep it) - the car/engines probably worth more apart than together.
 
Or you could always sell the car and keep the engine to transplant into another 944 in the future. If you're struggling for space to store the engine I have a little space that is perfect for it and would be happy to look after it for you[;)]
 
I would definitely keep the engine and find a good used unit to put in the car in order to sell it. It's always easier to sell a more or less stock car, as the usual enthusiast will always prefer to modify it himself.
 
ORIGINAL: DivineE
You chaps all speak sound sense. Gordon.. a 944T and a 993TT life just isn't fair! Hmmm how much are kidneys worth on the black market.
Verdict reached. The add has been removed (for now).
Regards,
Ben
Got there by collecting car debts!!! Not heard the story then!! Oh well here we go..........

I fund my cars out of using my company car allowance of £450(net) posted into a seperate bank account and I then borrow £10k over 3 years every 3 years @ c£300/mth.

Started with a 944S2 in 1998 and 5 years ago upgraded this to a £15,250 964 Targa, kept that for 3.5 years and sold it for £15k!!, as the car only cost me £1150pa all in inc insurance I had some profits in my car account!, I then borrowed another £10k and spent £28k on the Turbo. Should have said that I did the boring trips in a Xantia, which I aslo run out of my car account.

I've sorted of decided that limiting the 993TT to 5k pa which protects(increases !) its value, I will be able to keep it for a very long time! As I was getting very bored with the differential between it and the Xantia, so thought about buying another non depreciating low cost Porsche, 944S2 or Turbo, hey presto cheated a bit and sold some shares and bought the 944T.

PS fortunately I've been in the same house for 20 years so got on the ladder just in time
 
Funny, i've always been in the position of paying for cars via loans and as soon as I pay the loan off i'll take out another loan and change the car. I've always done this frequently, every three years or so, with cheap mundane hatchback cars, my 944T being the only car i've ever had for more than 3 yrs. I've often wondered about just biting the bullet, getting a big loan over a longer period keeping the monthly repayments the same and blowing it on something like a 993TT or a 996TT which have depreciated to roughly the same price, and just keeping it for 12yrs or so. I'm not the sort of person who gets bored with cars so I could quite happily keep a car for 10yrs or so if it was something special. I have run this little plan by the wife a couple of times but she doesn't seem to be able to see the benefit of it. By changing your car frequently you are exposing yourself to depreciation more often, but by buying a more expensive car once with a better depreciation rate has to be better in the long run.
 

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