was shocked to see the price of these around 25k. How much lower can they go?

 

Between now & spring/summer, hopefully a bit more.

That's all I'm saying in this thread. Don't want to get accused of "Banging on" about them.

 

avantgarde : PORSCHE 911 996 TURBO TIPTRONIC S

 

feel free, Ive not read anything you hav said abvout them

 

Got to be a very brave man who buys a £100K car for £25K!

At that age you'll struggle to get a warranty on it from anywhere and although the engines are pretty strong, unless you know the history, I'd be afraid of things going 'pop'.
It's all very well buying that sort of car for a 'cheap' price, but getting it serviced and running it properly are another thing.

Not something I'd do, but you pays your money.....

Just my tuppence

 

Are these cars going to go up in value next year.......sometime

.. when the economy recovers ???

 

Very, very, very unlikely!

(the economy recovering next year, I mean )

I can't see any 'normal' car going up in value ever again.

 

They wont go up I don't think but the depreciation will slow markedly.

 

The whole difficulty of buying this sort of car at this money is sorting out your backup, ie the people who will be able to work on it for reasonable money when it all goes **** up.
Quite frankly the price of a 996 TT is getting extremely close to when I will seriously consider selling a kidney.
I mean 2y ago I never thought there was a hope in hells' chance of me ever owning one.
I'm spending a lot of time reading old copies of EVO. AMG SL55 also....just keep on dropping a bit further!

 

The thing with this type of car, is the actual running costs.

Porsche warranty (a must on a Turbo) £1350
Insurance - £600 approx
Tax - £400
MOT - £40
Service - £500 (guest price as not sure yet)

So for it to sit in your garage doing nothing, it's going to cost approx £3000 a year. OK, that doesn't sound much, but then you've got:-
Petrol which will be a couple grand a year.
Tyres - Ain't going to be cheap and won't last long either
Brake pads & discs - Ain't going to be cheap

Plus with cars like these, you can't scimp on parts etc.

Buying the car is one thing, running it is going to be costly.

 

Getting a worthwhile warranty will be easy.

 

Just this minute got back from the auctions (BCA).

A stunning 02 black 996 Turbo went through, with 40k & FPSH, all for £29,800. The auctioneer reckoned it book at £31,500 in Glasses and about the same in CAP.

If I had been in a position to bid, my hand would have gone up like shot

 

If you could give me some info I'd appreciate it.
When I get mine I'm not going to go for the OPC warranty and places like Hartech are too far away for me.

Some (like the RAC) don't cover many items on the Turbo and also seem to set the garage labour rates way to low - like £40 per hour.

I've looked into quite a few and read some horror stories of warranty companies not covering things you'd expect to be covered.

 

Try Warrantywise (google it), endorsed by Quentin Wilson.
Nik.

 

Last time I tried that they wouldn't cover the 996 Turbo.
Also, the claims limit was too low for an engine (£14K for the engine plus fitting).

Edited - Just had a look.
They'll cover upto £100 ph for engine/drivetrain and wear and tear for about £1k per annum.

Worth looking into it a bit more

 

saw a Y plate with low mile and DMS pack for 25k! did not have the spare cash at the time otherwise wouod have snapped it up

 

Re warranty - the 2 main companies are RSJ (Slough) and Hartech (Bolton).

They both offer fairly good packages.

Porsche will only cover cars with no modifications (and I mean none at all) now on their new scheme. And its only for cars 9 years or younger, i.e 2001 or newer.

 

AFAIK RSJ only warranty cars that they have sold.

Hartech runs a planned service scheme not a warranty. Having said that it is a good scheme. You pay a fixed amount a year for servicing. If there is a problem they provide the labour, you pay for the parts. They repair engines. They do not replace them.

 

I would have thought a Series II GT3 to be a much better bet - but there again they start at £40k.

Wait a minute - £100k car now £25k; £80k car, same age, now £40k?

 

Less GT3's sold in the uk. Turbo's are everywhere.

Plus the GT3 is seen as the Driver's 911. More desirable = more expensive.

 

Hartech.


Simon

 

They offer and combined service and warranty scheme.

 

I spoke to Baz at Hartech some time ago, and RSJ and Sport & Classic.

None of them are doing warranties for the 996 TT.

I've spoken to Zentrum here in Notts but they don't think they'll be doing a warranty any time soon.

I'm a bit stuck to be honest as I've heard mixed reports about Warrantywise, but at the moment they seem to be my only choice (unless I want to spend £3-4K to get an OPC warranty).

 

I almost bought a 9-year-old 996 with 70k miles (it got sold). But I couldn't get any meaningful warranty without buying from the likes of Hartech.

My plan was a) to pay a bit more to get the right car, and b) put some cash aside to effectively fund my own warranty. I figured that if I was pushing my finances so far that I couldn't afford to do that, then I couldn't realistically afford a Porsche full stop.

I had a chat with a good local specialist who was very reassuring about costs. He said he had never charged more than £4k to completely rebuild a totalled motor, which is half what OPC charge to replace one.

 

Sorry, I didnt realise that Baz wasnt covering the TT yet. Did he say when it would be available, because PCGB have made manufacturers warranties difficult and expensive now, with their ridiculous conditions?

Simon

 

The only thing I really want covered is the engine and gearbox.
If anything went wrong with the rest of the car then I'd pay as and when.

Besides, Zentrum know the car inside out and I feel confident in what they say so I may take the risk and run without a warranty.
Just need to get my head around running what was a £114k car with no back up. (apart from my savings...)

 

He said he'd think about covering the turbo models if/when more people request it.

The car I'm having is still in Porsche warranty under the old regime but can't have the new warranty unles it has
a. A Porsche battery £208 PLUS fitting (as opposed to the battery it has now that was £90 fitted by owner 6 months ago)

b. A full main service at OPC £1300, because it's last service was at an Indy (£350)

c. The obligatory 'pads and discs all round or no warranty, sir' line from the OPC £1300, even though there's loads of pad and disc life left (OE parts but fitted at Indy for £400)

The list goes on and on.
There's a guy on Pistonheads who was refused a new warranty because he'd had his wheels refurbed at a non-approved Porsche place, even though the wheels aren't covered under the warranty.
Another refused warranty because he has a Bluetooth fitted.
Another because he had LED interior light bulbs as the normal ones kept blowing and the OPC couldn't find what was wrong...

I kid you not.

 

That said the engine isnt based on the later design so rear seal and shaft failure shouldnt be a worry...

 

Im aware of the issues. Im surprised that theyll accept a car thats been serviced outside the OPC network, but wheel refurbs, bluetooth kits and LCD courtesy lamps are hardly grounds for refusal. Were these dealers decisions backed up by PCGB?

 

As far as I'm aware these issues are still on going with Porsche CR, and one of the chaps has gone to Hartech, but I'm sure that SOME OPC's will relent during these difficult times.
These aren't OPC decisions, these are written in black and white on the T&C's from Porsche.

I know the turbo engine is of the earlier GT1 block so RMS/shaft failure isn't a particular worry.
I just think I need peace of mind.

Since my last post I've spoken to someone via a friend who works for the Inchcape group dealing with warranties.
It looks like he may be able to get one of theirs for the Porsche.
I'll find out more in the morning.