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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Wed Oct 08, 2008 6:49 pm    Post subject: I am crazy for............ Reply with quote

Buying a 6 months old 997 mk1 Carrera S for 60k in the credit crunch! I guess a hard question to answer! but will things only get worse for the market or do we think things will level out and pick up again! I must admit there are some bargins at the moment due to the C/C.

Option 2! Wait til March and buy a brand new face-lifed boxster s!

thank you!

phil.
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j8fbr
Barcelona


Joined: 25 Apr 2008
Posts: 1305
Location: Surrey


PostPosted: Wed Oct 08, 2008 7:34 pm    Post subject: Reply with quote

I bought in April, I could of waited but hell no !

I am very impatient person and could of saved a few quid but hey you never know what could happen !

the only thing that would put me off buying now is the weather, not the credit crunch.

lots of bargains about, so happy hunting.
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Maxie
Yas Marina


Joined: 11 Mar 2007
Posts: 8389
Location: London


PostPosted: Wed Oct 08, 2008 8:09 pm    Post subject: Reply with quote

Gen 1 997 S vs Gen 2 987 S? No compo man, 997 all the way.

~ Maxie
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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Wed Oct 08, 2008 8:12 pm    Post subject: Reply with quote

but the state of the market and the gen 2 997 out, how much would the gen 1 997 fall within 2 yrs! Question
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GD
Barcelona


Joined: 20 Jun 2007
Posts: 1280
Location: Surrey-ite

2008 Porsche 997 Targa

PostPosted: Wed Oct 08, 2008 8:20 pm    Post subject: Reply with quote

There's minor differences between gen1 and gen2. Look at the difference in prices between pre and post-facelift 996 for a steer and there's hardly any noticeable difference.

I would get an older 997 (06/56 reg), as it's taken quite a hit on depreciation already.
 
  
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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Wed Oct 08, 2008 8:25 pm    Post subject: Reply with quote

GD wrote:
I would get an older 997 (06/56 reg), as it's taken quite a hit on depreciation already.



Then i guess we get into no warranty, or less then and high mileage! Swings and round abouts!
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Elite Detailing
Sepang


Joined: 17 Dec 2005
Posts: 2908
Location: London


PostPosted: Wed Oct 08, 2008 9:16 pm    Post subject: Reply with quote

Good customer of mine just got bidded £10k more than his Cayman was worth from OPC to get him into a 997 Gen 2. They are not allowed to discount a new Porka but will give you a massive trade in value to counter act the figures.
 
  
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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Wed Oct 08, 2008 9:18 pm    Post subject: Reply with quote

G! Dont say that, if i get that, i wont need you to work your magic on the gen 1 997 im looking at!! Smile
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Elite Detailing
Sepang


Joined: 17 Dec 2005
Posts: 2908
Location: London


PostPosted: Wed Oct 08, 2008 9:20 pm    Post subject: Reply with quote

philnotts wrote:
G! Dont say that, if i get that, i wont need you to work your magic on the gen 1 997 im looking at!! Smile


You will, I've done about 10 brand new Gen 2's so far. Got another one next week.


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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Wed Oct 08, 2008 9:21 pm    Post subject: Reply with quote

With the market how it is, surely you be crazy to buy a brand new one! esp the gen 2!
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Senoj
Zolder


Joined: 23 Jan 2006
Posts: 5184
Location: Sussex


PostPosted: Wed Oct 08, 2008 10:48 pm    Post subject: Reply with quote

some folks have more money than you'd think.......
 
  
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Martyn1
Barcelona


Joined: 21 Jun 2003
Posts: 1362
Location: Oxfordshire


PostPosted: Wed Oct 08, 2008 10:58 pm    Post subject: Reply with quote

philnotts wrote:
but the state of the market and the gen 2 997 out, how much would the gen 1 997 fall within 2 yrs! Question


If you are worried about depreciation, buy a classic, a 993 spend TOPS £35K for a sublime car pocket the rest, kiss depreciation (or at least major depreciation) good bye.

OR spend a bit more £40K 993 TURBO

Or Maybe £60K (if you can find one) 993 RS ZERO depreciation.



Just my 2c (or £60K)
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GD
Barcelona


Joined: 20 Jun 2007
Posts: 1280
Location: Surrey-ite

2008 Porsche 997 Targa

PostPosted: Thu Oct 09, 2008 6:29 am    Post subject: Reply with quote

philnotts wrote:
GD wrote:
I would get an older 997 (06/56 reg), as it's taken quite a hit on depreciation already.



Then i guess we get into no warranty, or less then and high mileage! Swings and round abouts!


Not at all. The new OPC used car warranty is more in line with a new car warranty (or so my OPC tells me). You can up at an 06/56 reg with about 12k no problem.

The only things that would sway me to a gen 2 are:

1. 4 and 4S have the reflective light (no big deal)
2. Minor engine mods to improve RMS and Intermediate shaft (bigger deal, but not data to prove that this hasn't introduced other issues or is more reliable)
3. PDK v Tip (same argument as above)
4. Bluetooth and iPod connection (Bluetooth can be added to Gen 1 as aftermarket with factory fit look. iPod can connect through CD changer)

So on reflection, if I was buying now, I'd go Gen 1 for 2 reasons, 1) plenty of 997 Gen 1s about that avoid the big first year hit, 2) I wouldn't buy a new generation anything for 2 years, so that the problems are ironed out

You need to balance all this up against the point that G is making. OPC are doing fantastic trade in deals to shift new stock, so really look at the cost to change.

Market is depressed, but if you are thinking about trading up, there's never been a better time!!
 
  
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Maxie
Yas Marina


Joined: 11 Mar 2007
Posts: 8389
Location: London


PostPosted: Thu Oct 09, 2008 10:48 am    Post subject: Reply with quote

Are OPCs doing fantastic trade-in deals for pre-owned stock too?

~ Maxie Question
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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Thu Oct 09, 2008 11:01 am    Post subject: Reply with quote

Thank you for all the replies!!

My head is telling me, just to wait to see if the new boxster s comes with the new engine, meaning lower tax and better MPG and go for this one and then look to buy a 6 months old gen 2 997 in 18 months time!

My heart is thinking go for the 997 gen 1 and just put up with the road tax risers each year!

Question
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Evil_C
Suzuka


Joined: 03 Jun 2008
Posts: 1033
Location: SE London/Kent border

2006 Porsche 997 Turbo

PostPosted: Thu Oct 09, 2008 11:14 am    Post subject: Reply with quote

Drive a 997 Phil and then see if you still want a new Boxter nooo

IMO the main reason for getting the gen2 997 would be the new suspension setup, which apparently gets rid of the front end bobbing up and down.

Clive
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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Thu Oct 09, 2008 11:35 am    Post subject: Reply with quote

I have driven the Carrera S and i like it alot! But with the tax going up again in March 09 to over £400 for the car and the Gen 2's being alot cheaper! However speaking to some OPD's the past couple of days, they do seem very keen to shift the gen 1's for very good prices!

phil.
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Tiptop Topcat
Albert Park


Joined: 22 Feb 2004
Posts: 1744
Location: Somewhere else in Surrey, again !


PostPosted: Thu Oct 09, 2008 1:13 pm    Post subject: Reply with quote

I'm a bit Confused as to why you'd worry about depreciation and then talk about buying a Boxster. Not the car to buy IMHO.

997 is a brilliant bit of kit but I'd have thought the head would have said go for a used 997C2S if its the engineering you want.

Buying into a new 997, or anything else right now is going to cost big time. Dealers will, I assume, be making their margins on the finance.

My head would say look at 996C4S if you want to make any attempt to hedge depreciation now. For the money, best looking and well built version of the 911 since the 993 IMHO but hey personal choice rules ...
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Anthony
Porsche-less

911 (993) C4S - departed for pastures new
911 3.3 Turbo Cabriolet - gone but not forgotten
 
  
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philnotts
Newbie


Joined: 08 Feb 2008
Posts: 29
Location: Nottingham


PostPosted: Thu Oct 09, 2008 3:12 pm    Post subject: Reply with quote

I think the main issue im having are the running costs of the gen 1 over the gen 2, now the engine's have been introduced.

phil
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Tiptop Topcat
Albert Park


Joined: 22 Feb 2004
Posts: 1744
Location: Somewhere else in Surrey, again !


PostPosted: Thu Oct 09, 2008 3:17 pm    Post subject: Reply with quote

if that's your only worry Mr. Green then its a new car with dsg or whatever its called by Porsche; spec it to the hilt and then one of us can buy it when the next model comes out Angel
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Anthony
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