T8
Super Moderator
- Joined
- 29 Jun 2010
- Messages
- 21,393
There's been a lot of chat recently about the way values of 997 Turbos have gone up in the last year so I thought it timely to stick up a post about my 16 months of ownership - especially as I've just clocked up my 8,000th mile in that time.
My saddo's spreadsheet tells me that the total cost of buying my car, keeping the OPC history up to date and putting an OPC warranty on it until March 2018 has cost me a grand total of £47,803.
That cost doesn't include the £1147 I've spent on cosmetic improvements (detailing, wheel refurb etc) so if I add that on the car stands me at £48,950.
I know that mine is a hugely undesirable Tiptronic, is finished in 'marmite' Guards Red and has now done a massive 56,357 miles but even so, looking at recent adverts, I reckon that a 2007 car with full OPC history and 21 months OPC warranty would probably cost me that same £48,950 if I was to buy it today.
My smugness comes from the fact that I've owned my car for 16 months, done 8k miles in her - including 3 fantastic eurohoons - and increased my personal top speed achieved to 177 mph (with the car still pulling strongly) but could probably get £42k back if I was to do a sale-or-return deal.
16 months ownership of an iconic car for under £7k. What hire car can you get for £15 a day?
Obviously my car hasn't been as good an investment as if I'd bought a 993, a 996 GT3 or even as good as if I'd kept my 996T but I didn't buy it as an investment. I bought it as the newest, best value-for-money and totally usable 911 I could find at that time.
Tax, Insurance and fuel (21.8 mpg) haven't cost any more than they would have done for a 'cooking' 911 so you could say I'm a really happy chappy.
Here's to a great summer and another cheap 3,000 miles of fun before SORN.
:thumbs:
:cloud9:
My saddo's spreadsheet tells me that the total cost of buying my car, keeping the OPC history up to date and putting an OPC warranty on it until March 2018 has cost me a grand total of £47,803.
That cost doesn't include the £1147 I've spent on cosmetic improvements (detailing, wheel refurb etc) so if I add that on the car stands me at £48,950.
I know that mine is a hugely undesirable Tiptronic, is finished in 'marmite' Guards Red and has now done a massive 56,357 miles but even so, looking at recent adverts, I reckon that a 2007 car with full OPC history and 21 months OPC warranty would probably cost me that same £48,950 if I was to buy it today.
My smugness comes from the fact that I've owned my car for 16 months, done 8k miles in her - including 3 fantastic eurohoons - and increased my personal top speed achieved to 177 mph (with the car still pulling strongly) but could probably get £42k back if I was to do a sale-or-return deal.
16 months ownership of an iconic car for under £7k. What hire car can you get for £15 a day?
Obviously my car hasn't been as good an investment as if I'd bought a 993, a 996 GT3 or even as good as if I'd kept my 996T but I didn't buy it as an investment. I bought it as the newest, best value-for-money and totally usable 911 I could find at that time.
Tax, Insurance and fuel (21.8 mpg) haven't cost any more than they would have done for a 'cooking' 911 so you could say I'm a really happy chappy.
Here's to a great summer and another cheap 3,000 miles of fun before SORN.
:thumbs:
:cloud9: