rabbitstew
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My 997 turbo has 72k on the clock now and im using it as my daily driver, doing about 16k a year. Obviously with that sort of mileage, in a years time it will be on 88k and will tick over the 100k miles mark in around 20/22 months time.
I just wondered what peoples thoughts were on how going over 100k would effect the value of the car as I have yet to see any high mileage 997 turbos for sale to compare it against. Most seem to be 70k miles or under as noone seems to be mad enough to use one as a daily and they seem to be weekend use only.
From my own perspective, when I bought the car, I went on condition rather than mileage. The cars in lovely condition, black on black, sports chrono, the manual mezger engine, cruise etc. Only thing is hasnt got which I wanted was the sports seats, but I may well retro fit them. Its got full history, virtually all at OPC, with a big pile of receipts for new rads, brakes, starter etc etc. So its always been looked after. And its only had 2 previous owners. So to me personally the history & condition swung it for me.
However, from previous experience with other cars, people do still get very hung up (at least in the UK) about the 100k miles thing. Even though my mileage is purely cruising at low speed to work & back rather than 100k miles of weekend abuse/thrashing.
Would I be better off selling the car before it gets to the "dreaded" 100k miles? I know the car will always sell at the right price, but would I struggle to get a decent price for it once it tops 100k?
Yes there will
Im sure back in march / april there was a black 360 Modena for sale with 100k+ at £49995 and i thought that seemed strong for the miles it lasted days and was snapped up.
There is a market for the higher mileage performance car and as technology, build quality and servicing are getting better why not.... Its just a number
T8
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Even approaching the 100k mile milestone will significantly affect the value of the car as (like it or not) it's a fact that 95% of potential 997T buyers will be put off.
The 5% who aren't will expect the car to be dirt cheap compared with an equivalent condition/history car with 80k miles.
So much depends on your requirements. If you're not hung up on a 100k+ car, especially as you already know it so well, then why bother selling it?
However, if you know that you'll fancy a change within the next couple of years then I'd do it well before the mileage becomes a problem. Maybe at 88k this time next year. :dont know:
Boba fett
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More importantly - Respect for using one as a daily :worship: :worship: :worship:
I saw a white Cayman S gen 2 advertised last year, it was really well specced and looked clean, I cant remember the price but it with really cheap.
I convinced myself it must have been a write off/repaired or something similar but it turned out that it had over 100k on the clock, it was only about 3 years old.
I let that put me off at the time - though my heart was saying I should not have done, I just got cold feet.
rabbitstew
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T8 said:
If you're not hung up on a 100k+ car, especially as you already know it so well, then why bother selling it? :
Indeed, the thought has crossed my mind that once it gets to 90/100k miles, that the difference in price then between 100k miles and 116k miles or even 125k miles is probably nothing. So I could get away with keeping the car for another few years!
However, if the depreciation ends up being too much once it approaches 100k it would probably pay me to sell it at 80k and either move onto a lower mileage one, or something else.
Boba fett said:
More importantly - Respect for using one as a daily :worship: :worship: :worship:
Cheers. The problem I have is that due to having a young family, I never any spare time at the weekends to use my toys, so the only way I can get to use something like a 997 turbo is to it as a daily! Certainly makes my daily 90mile commute more interesting... not to mention all the interest from the hot receptionists! :thumbs:
IMI A
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If you enjoy the car personally I'd be tempted to hang on to it and run it to 200k miles and beyond. If depreciation is a concern this is your cheapest route using a very high performance car as a daily hack IMO. Have never understood why so many people replace a perfectly good car with a few miles with exactly the same newer car to suffer another round of meteoric depreciation. Can understand if you fancy going for a different car like an F car or 991, AMG, M car etc. Doesn't bother me at all looking at a speedo with 200k miles on it as long as the car is in fine fettle. A 997 turbo could give you as much as 300-400k miles on its original engine if cared for properly and there isn't much better out there as a DD apart from maybe Gen 2 997 turbo or 991 turbo.
basildon993
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I run my 997.1 Turbo as my daily. I bought it earlier this year with 46,000 on the clock, but as I only tend to do 4,000 miles a year the mileage won't rack up too quickly! When I was looking I wanted a lowish mileage car so that I could add the miles to it, not to keep the mileage low forever.
They have had this discussion on the 993 forum for a while now as many of them are getting over 100,000 miles with some getting over the 150k and even the 200k!
So yes, a higher mileage car will always be worth less than a lower mileage car but all that really means is that it has been enjoyed more! :thumbs:
Mine has just clocked 88k and gets used daily. I don't intend on selling it, so not really concerned about its devaluation. My Indy actually congratulates me every time it goes in for a service as he reckons these cars need to be driven to keep them 'healthy' as opposed to being garaged all the time.
At least when I become too old to climb in and out of it I will be able to say that I used to drive a Porsche Turbo daily for a number of years as opposed to just saying that I polished and looked at one in the garage for a number of years.
I personally do not see the point of owning one if it isn't going to be driven. Each to their own though :thumb:
My 997.1 turbo is my DD too - it's got 67K miles on the clock and I do about 10K miles per year ... having a 997.1 turbo means I don't want to drive anything else ... why would I?! :lol:
And DaveH911 is absolutely right: these engines love to be driven regularly and driven hard! It keeps them in tip-top condition :thumb:
It's just run-in.....they will go to well over 150k if serviced correctly.
Who cares what others think/want to pay. What on earth are you going to swap it for? A euro box that will easily lose £5k a year and bore you to tears?
You only live once.....enjoy your car and sod everything elseðŸ‘
....some things you just can't put a value on.
apollokre1d
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I agree at that millage I would just keep it. If it has 72K now its going to cost you a fair bit to get a lower millage car (and like IMI A said "what's the point?") and even more to get into a Gen2.
Keep it and just drive the thing. Us Brits are the only nation that gets all bent out of shape over a car's mileage. As already said, keep it going until 200k has been reached then re consider. Think of it that the depreciation will slow down the longer you have it. If you replace with a new(er) car, then you'll be into the big depreciation window again, and again, and again. No one knows how old my 996 is (apart from 911 geeks), and many have asked me if it's new despite it being 14 years old. Don't fret about the mileage, if you feel that it is a good car, then keep up the maintenance and it will get better the more miles you put on it. When it gets to 100k, treat it to some new wheels and a really good detailing, that way it will feel fresh again.
This conversation revolves around the discussion of high mileage on a Porsche 997 Turbo and how it affects its value in the market. Here are the concepts:
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High Mileage Impact: The primary concern is how exceeding 100,000 miles affects the car's value. There's a debate about whether potential buyers are deterred by this milestone and whether the depreciation is significant.
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Personal Experience vs. Market Perception: Some users emphasize the importance of personal enjoyment over worrying about resale value. They advocate for using the car to its fullest potential rather than being overly concerned about its market value.
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Car Maintenance: The discussion touches upon the significance of proper maintenance and service history. The condition and care of the vehicle seem to play a pivotal role in assessing its value, sometimes outweighing mileage concerns.
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Driving Habits: The conversation delves into how the car is used—specifically, if it's a daily driver or reserved for occasional or weekend use. The difference in wear and tear based on driving habits is considered in relation to its impact on the car's value.
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Longevity and Reliability: Some contributors believe that these cars are built to endure high mileage if properly maintained. There's a consensus that, if cared for correctly, a Porsche 997 Turbo can last well beyond 100,000 miles without significant issues.
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Depreciation and Future Choices: The discussion touches on the idea that depreciation slows down with higher mileage and that continuously trading for newer cars may subject one to repeated substantial depreciation.
In essence, the conversation revolves around the value proposition of a high-performance car like the Porsche 997 Turbo, weighing the enjoyment of using it against potential depreciation and market perceptions linked to higher mileage. The consensus leans toward prioritizing enjoyment and proper maintenance over concerns about the car's depreciated value based solely on mileage.