997 Turbo depreciation next year - savage?
#31
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a mate of mine owns a 2002 996 GT2 with 600bhp and loads of tech art bits and c/fibre
who much you reckon its worth at the moment he seems to think 60k i thought this is way off???
who much you reckon its worth at the moment he seems to think 60k i thought this is way off???
#33
IME a GT2 will always fetch about 20 to 30k over a similar age / miles etc turbo.
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Depends, some tatty GT2s with high miles might only see mid 40s at the moment. But they are a very limited edition car and the right one, with the right bits is still worth the thick end of 80 or 90 grand...
IME a GT2 will always fetch about 20 to 30k over a similar age / miles etc turbo.
IME a GT2 will always fetch about 20 to 30k over a similar age / miles etc turbo.
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Having looked into the Porsche warranty situation, I'm not best pleased. Not only is the factory warranty only 2 years (so about to run out on this car rather than having over a year to run), but you cannot buy an extended warranty from Porsche until you've owned the car for 90 days. This would be just about able to be squeezed in whilst the car still has its two year warranty, but the cost is over £1000 a year. Looking at the other costs, a service or set of discs will cost about 10 times that of the Evo which I'm happy to run out of warranty and service at independents. Tyres are 2-3 times the price. Depreciation over the next year will probably be the same as the entire present value of the Evo.
I can't make the numbers make sense to me and think that would take the shine off ownership. The wafter+Evo option looks more appealing, extra fixed costs are tax, insurance, servicing, most other costs are friction related (tyres, brakes) which will be mileage related so a neutral cost.
I think Admiral do multicar, with Elephant at present and had a claim in July 2006 with full protected NCB, but it does mean insuring a high group wafter without another or mirrored set of NCB could be expensive.
There seems little point getting something too sporty as a second car, XJR and LS430 do appeal. My friends XJ8 was rather nice to drive, I gather the 2004- 4.2 XJR is much more reliable than the old 4.0 that had issues galore. Big german stuff might not be fun to run out of warranty, and if in warranty you'll pay a lot or it will depreciate a lot.
I can't make the numbers make sense to me and think that would take the shine off ownership. The wafter+Evo option looks more appealing, extra fixed costs are tax, insurance, servicing, most other costs are friction related (tyres, brakes) which will be mileage related so a neutral cost.
I think Admiral do multicar, with Elephant at present and had a claim in July 2006 with full protected NCB, but it does mean insuring a high group wafter without another or mirrored set of NCB could be expensive.
There seems little point getting something too sporty as a second car, XJR and LS430 do appeal. My friends XJ8 was rather nice to drive, I gather the 2004- 4.2 XJR is much more reliable than the old 4.0 that had issues galore. Big german stuff might not be fun to run out of warranty, and if in warranty you'll pay a lot or it will depreciate a lot.
Last edited by john banks; 17 December 2008 at 01:22 PM.
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Having looked into the Porsche warranty situation, I'm not best pleased. Not only is the factory warranty only 2 years (so about to run out on this car rather than having over a year to run), but you cannot buy an extended warranty from Porsche until you've owned the car for 90 days. This would be just about able to be squeezed in whilst the car still has its two year warranty, but the cost is over £1000 a year. Looking at the other costs, a service or set of discs will cost about 10 times that of the Evo which I'm happy to run out of warranty and service at independents. Tyres are 2-3 times the price. Depreciation over the next year will probably be the same as the entire present value of the Evo.
I can't make the numbers make sense to me and think that would take the shine off ownership. The wafter option looks more appealing, extra fixed costs are tax, insurance, servicing, most other costs are friction related (tyres, brakes) which will be mileage related so a neutral cost.
I can't make the numbers make sense to me and think that would take the shine off ownership. The wafter option looks more appealing, extra fixed costs are tax, insurance, servicing, most other costs are friction related (tyres, brakes) which will be mileage related so a neutral cost.
You can't run an expensive performance car on Focus money. Subaru's are hardly cheep things to run, so you must expect Porsche/ferrari's to cost `X` amount more.
Warranty, servicing, tyres, consumables etc. I'd be looking at putting a minimum of £3k aside just for that. Brake disc/pads etc, I'd expect to change every other year or so. Would only plan to run a 911 Turbo as a weekend toy, so max 6000 miles a year.
So again, another £1500-2000 a year on fuel.
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John, you are trying to make a 911 Turbo into economic sense. It does not make any rational sense whatsoever, never has and never will. The only difference now is that the irrational choice has become a bit cheaper.
It's an emotional purchase - a bit like a wife The fact that you are asking yourself sensible questions suggests that you have not hankered after having a Porsche Mistress since a lad
Let it go, and see how you feel next year. If the lust is still strong, then there will surely be another one with your name on it - prolly a bit cheaper, too
Richard.
It's an emotional purchase - a bit like a wife The fact that you are asking yourself sensible questions suggests that you have not hankered after having a Porsche Mistress since a lad
Let it go, and see how you feel next year. If the lust is still strong, then there will surely be another one with your name on it - prolly a bit cheaper, too
Richard.
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The thing is, I'm not bothered about all the Porsche heritage, the looks, the front end bob, and all the crap that goes with warranties and servicing, I just one something that goes, stops and corners well without looking and sounding like a lout. My ideal car would probably be something like a JDM Legacy with a 500 BHP built EJ257 with a quiet exhaust, brakes, suspension.
#40
What about a Cayman S best handling car they make everybody agrees, you could get a nice spec 06 car for around £30 ish. You can now get aftermarket LSD from quaif, softronic re map, revised inlet pipe, smaller bottom pulley, cat back exhaust, which will get you up to around 330/340 bhp and the thing only ways around 1320kgs. You could run this car for around two years and only lose about £8000
Get yourself over to The Cayman Club and have a look.
John
Get yourself over to The Cayman Club and have a look.
John
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I thought the front end bob was all part of the 911 fun. Reminds you you're riding a tiger (backwards ). Then on the odd occasion when you get to really nail it, you know for sure it's a friggin wild beast that will tear your face off. There are not many cars that can do that, at any price. That's a 911 turbo in a nutshell for me. Schizophrenic madness. And it's got very little to do with money
How about an M3 or M5? Not quite true supercars, but they do a damn good impression and are still just this side of sensible. Guess you know that already. Or get that Legacy and pass your cheque book to the tender keeping of Andy F. You'll still sound like a lout though
Richard.
How about an M3 or M5? Not quite true supercars, but they do a damn good impression and are still just this side of sensible. Guess you know that already. Or get that Legacy and pass your cheque book to the tender keeping of Andy F. You'll still sound like a lout though
Richard.
Last edited by Hoppy; 17 December 2008 at 03:24 PM.
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#47
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Have you driven a Turbo John?
Why not do what you want to do....built 257 in a new Leggy STi would be much cheaper than your other considerations.
Why not do what you want to do....built 257 in a new Leggy STi would be much cheaper than your other considerations.
Last edited by drb5; 17 December 2008 at 06:08 PM.
#48
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Driven a 996 Turbo.
I was reading about the S402 Legacy STI, but it is very rare, and I can't find any for sale in the UK, and if they were they'd be a silly price.
Most JDM Legacy turbos seem to be 5 speed (ie it will break when I hot it up), although there is an STI version that has 6 speed, 18" wheels, Brembos which would be a good base. Again, not seen any of these about, fresh imports would be a nightmare with the exchange rate being as it is.
Maybe the new STI in a dark colour, with pistons, turbo, fuelling, high flow cat might be worth considering, but hasn't the body control gone a bit sloppy? Are the stock exhaust manifolds still horrible?
I was reading about the S402 Legacy STI, but it is very rare, and I can't find any for sale in the UK, and if they were they'd be a silly price.
Most JDM Legacy turbos seem to be 5 speed (ie it will break when I hot it up), although there is an STI version that has 6 speed, 18" wheels, Brembos which would be a good base. Again, not seen any of these about, fresh imports would be a nightmare with the exchange rate being as it is.
Maybe the new STI in a dark colour, with pistons, turbo, fuelling, high flow cat might be worth considering, but hasn't the body control gone a bit sloppy? Are the stock exhaust manifolds still horrible?
#49
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Funnily enough KennyS was over today and was talking about a few guys with 04-07 5 speeders having given it the full beans with built 257's and 321T's. Supposedly they are lasting extremely well, so i probably wouldn't rulle them out....besides they are cheaper to have a spare one sitting and rebuild a knackered one.
The WRX-S is defo a bit soft-core, but a set of ARB's would do a LOT of good imo. Only really the steering lets it down...very easy to turn, but not much feedback from the tyres. Benefits are how quiet it is. It's silent and i mean SILENT. Hardly a whisper off it and that's impressive considering it has the PPP exhaust. Can't comment of the manifold, as i've not taken any of it to pieces yet.
Bear in mind it's a rare car too. Think i've seen a total of 2 STi's on the road and 1 WRX. Walk into a dealer with cash and i reckon you could get 1500 off list.
Have you spoken to Litchfield about a Leggy? May have been worth a call, if only to satisfy the curiosity.
The WRX-S is defo a bit soft-core, but a set of ARB's would do a LOT of good imo. Only really the steering lets it down...very easy to turn, but not much feedback from the tyres. Benefits are how quiet it is. It's silent and i mean SILENT. Hardly a whisper off it and that's impressive considering it has the PPP exhaust. Can't comment of the manifold, as i've not taken any of it to pieces yet.
Bear in mind it's a rare car too. Think i've seen a total of 2 STi's on the road and 1 WRX. Walk into a dealer with cash and i reckon you could get 1500 off list.
Have you spoken to Litchfield about a Leggy? May have been worth a call, if only to satisfy the curiosity.
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Not spoken to Ian, looked on his site to see if he had any. He's always been helpful before, but it is such a long way to go and see a car!
I did see a few reasonably priced STI Spec D on Autotrader.
Interesting that the 5MT in the WRX is holding up. Has anyone just bolted a 400 BHP turbo to a 2.5WRX with a Walbro to see how they get on with the stock pistons/exhaust/gearbox? IIRC on my last stock EJ257 engine running nearly 500 BHP, it did 15000 miles before the headgaskets went, but the short motor was OK I think? I still think 400 BHP is a walk in the park for a stock EJ257 especially with AVCS, working knock control and a pair of cylinder heads that haven't been off and on as often as a tart's knickers.
Hoppy, are you breaking lots of 5MTs with your 2.5? What vintage are the gearboxes?
I did see a few reasonably priced STI Spec D on Autotrader.
Interesting that the 5MT in the WRX is holding up. Has anyone just bolted a 400 BHP turbo to a 2.5WRX with a Walbro to see how they get on with the stock pistons/exhaust/gearbox? IIRC on my last stock EJ257 engine running nearly 500 BHP, it did 15000 miles before the headgaskets went, but the short motor was OK I think? I still think 400 BHP is a walk in the park for a stock EJ257 especially with AVCS, working knock control and a pair of cylinder heads that haven't been off and on as often as a tart's knickers.
Hoppy, are you breaking lots of 5MTs with your 2.5? What vintage are the gearboxes?
Last edited by john banks; 17 December 2008 at 08:13 PM.
#51
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I know what you mean. Distance puts me off going to see cars a lot, but if it's a rare car and it's a dealer selling it, it should be worth it.
I think Andy would fill you in with details on the newer 5 speeds and large turbos.
Your old block eventually gave up with a crack in the liner....they'd actually ovalled. Probably down to drop in pistons tbh, they were very rattly when cold. Should defo be honed to suit. I did fit studs to it mind you and had no issues whatsoever
Dunno about just a tubby and pump. As you know, most folk do mods in lumps.
I think Andy would fill you in with details on the newer 5 speeds and large turbos.
Your old block eventually gave up with a crack in the liner....they'd actually ovalled. Probably down to drop in pistons tbh, they were very rattly when cold. Should defo be honed to suit. I did fit studs to it mind you and had no issues whatsoever
Dunno about just a tubby and pump. As you know, most folk do mods in lumps.
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Andy was saying that the 5MT was doing well, but then I saw Buschur broke his with just a puny VF3x.
So my old pistons were pulled out OK from the 15000 miles GT30R fun I'd had with them?
So my old pistons were pulled out OK from the 15000 miles GT30R fun I'd had with them?
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Box is currently making louder wining noises and goes into third with a nasty crunch most times. It does not like hasty changes whatever I do!
I've just had the boost knocked back from 1.5 to 1.35bar in the midrange to save it. Basically, when I fitted the 2.5 and TD05/16G I didn't figure on getting quite so much torque and hence didn't opt for an uprated box. Mistake
Richard.
Edit, still running your big top-mount IC John! New Genesis ICE though
Last edited by Hoppy; 18 December 2008 at 12:06 AM.
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#58
He must be pretty flush, as MTM charge €44,000 + for their supercharger conversion.
Last edited by zip929; 18 December 2008 at 11:54 AM.
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Keep the Mitsi and look at an Audi S8 as the wafter? A friend sold his S8 that he had from new, way over 100k miles, no major issues and a snip at 10k I thought. And they do go rather well.
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