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This had done it...!!


TP27
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Mate has just offered me his Carrera 4 (996), fully loaded, nearly four years old, dark blue and only 28,000 miles on the clock, for £31,000!!

One owner from new, immaculate (apart from the split rims that have the usual corrosion issues) and I've got no idea whether it's an offer not to refuse......arghhh!!! crazy.gif

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I reckon it's a bit of a bargain. But at 4 years old, it maybe due for some major service work. Check it's history and then check with a good independant Porsche specialist. Based on what service costs are coming up, he maybe trying to shift it early rather, so use that to discuss the price. Good luck. Wish I had friends like that !!

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MOT up to date but not been serviced for over a year. Needs new front discs, needs wheels refurbished, two large paint scratches in the paintwork and it's £200 inspection then £750 for extended warranty.

Looking to be getting more expensive.....seeing it in the flesh though at the weekend... 169144-ok.gif

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Depending on which service, plus 'other' non scheduled work that may be needed, even from an independant you could be looking at over £1k's worth of work plus inspection and warranty. Still likes a good deal but you'll probably have some running around to do to get it totally sorted.

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[ QUOTE ]

996s are the fastest depreciating Porsche.

It will drop more,you can get a 996 for 20k.

Offer him 25k.

my bet- it will be worth 20k in 3 years time.

[/ QUOTE ]

Why are the 996's so fast at depreciating? Just took a peek on Autotrader and there quite a few on there and with some silly prices as well!

smile.gif169144-ok.gif

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That's a superb price. Anyone taking £25k would have to be registered with a mental institution the following day.

£31k with 28,000 miles on the clock is way cheaper than he's likely to find anywhere else.

Finally, according to last months Glasses Guide the 996 is NOT the fastest depreciating Porsche. Facelifed Boxsters fell 2%, 1999 'V' platers to 02/02 fell 3% and a 1997 'P' plate fell 4%...whereas the 996 fell 1%. The Cayenne percentages were 2% and 3% depending on year...so it's still a car that holds it's value incredibly well in comparison to it's stablemates and especially the competition.

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This is a very good price.

The OPC (dealer) inspection is well worth it, though. IIRC, you don't need to sign up to the warranty there and then - you can think about it, and it's a different issue entirely. Many OPCs will let you go in with the engineer to see the car, so you can talk to him and get a good impression of the car's condition - better than a bunch of ticks and crosses. Try asking first - they can only say 'no'.

It is a fantastic car but complex, and also easy (and tempting!) to abuse, so I would strongly recommend getting the check.

So, book it into your nearest Porsche Centre for an inspection, and decide based on the condition of the car. If the OPC says it's good, bite his hand off. You'll love it, and you will never regret it.

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I think Rich may be referring to 993 series 911's (not Porsches in general) depreciating quicker than any other 911 past or present. You can see late 993's being up for sale for more than early 996s which at first makes little sense. Especially as the later car is cheaper to run (service costs halved due to new engine design) as well.

Reasons, from what I can tell (which are pretty mad considering the car is still fantastic), are the fact the 996 looks too much like the cheaper Boxter with an unliked headlight design. It's also the first of the non-purist water cooled 911s, of which the 993 was the last of a very long line. Also, the 993 is lighter, less equipped and more of a true driver's machine - no Sat Nav or surround sound hi-fi.

The later 997 has gone some way to address that difference, and values will probably hold up better.

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The difference in depreciation between 993 and 996 is quite simple. There are far more 996s than 993s. Something in excess of 15,000 996s were sold.

Basically, the 996 was a far more popular car and a much better seller. So, obviously the 993 is better. Err...

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I think randellp has it right.

The 993 was regarded by many as the "last proper 911" due to the air cooled engine. It's a purists viewpoint, but there are plenty of purists out there.

Plus, as he says, in order to cut costs the 996 and Boxster shared many visual parts such as the headlight units, which "cheapens" the 911 in many peoples eyes.

However, back in the real world this can make the 996 a better value proposition. I personally think it's a better car than the 993 simply because it is more modern (and I couldn't care less if the car is air or water cooled). I've been lucky enough to drive a couple of 996's, a coupe and a cabrio and they are awesome cars. cool.gif

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Hey-996s are great cars-not true 911's in my opinion-more like 928's, but IMO are superior to the opposition-Jaguars/BMWs etc.

Im just making the point that 996's will depreciate ,along with Cayennes as well.

If that doesnt matter, then go ahead and buy it,everyone has their personal favs.

Its obvious that 993s hold there value a lot better- hence cheap motoring.

996s will not be cheap motoring.

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[ QUOTE ]

I think randellp has it right.

The 993 was regarded by many as the "last proper 911" due to the air cooled engine. It's a purists viewpoint, but there are plenty of purists out there.

[/ QUOTE ]

And the fact it was the last to use the original 911 shell, the chassis still had its roots in the 1969 car, the 996 was the first 'new' 911.

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