kyrocks

Buy a GT3. You won't look back.

As I said before, the Turbo is the WORST Porsche car to buy if you are expecting it to keep its value. Drive it and enjoy it! I have 8k miles on mine and it's not even 4 months old. Such a great daily driver.

speed21

Lol know what you mean. After the last hit I said my last one was the last one now i'm onto a new "last one". GT3, Turbo, whatever.....they all do money at a rapid rate. Buy and enjoy new while you can afford to I say. Driving a 964t or 993tt as a DD instead of a 991tt would be for the birds so far as i'm concerned. These early girls are for looking at....not for putting mileage on. Just make sure to earn earn enough money for the next "last one"

cabman4007

This past Saturday I was invited to view a private car collection. I was awestruck by the car below.

I bet if I purchased something like this, guessing $250k to $300K and drove it <3.000 miles a year I would not lose a dime.

This car maybe a 70-73 911 was nicer than my 2014 TTS. Amazing and I was in lust.

I just may get into some like this and forgo the huge depreciation.

In person it is more stunning. Not one wear sighting, brand new.

mrsullivan

1- writing a check for your Porsche when money is, near as makes no difference, free, right now, is just silly. You can put the money in a simple savings account and still out perform the 2% or less interest rates right now on a new car.

2- my experience with air cooled porsches like the green one shown above is that its very hard to lose money. i think that you are on the right track that you can buy cars like that, drive them, and never lose a penny. I sold my 66 912 for double what I paid for it. I did nothing to it, and put 5k miles on it. One of many stupid decisions to sell, I was the 2nd owner. It was 100% original and rust free. It went back to Germany. Buying a new Porsche, you just have to assume a "stupid" tax, a loss of approximately 10-20% of value, price to pay for being the first to drive and for that smell :-)

needspeed

I bet a pristine 991 Turbo S would be worth more in 50 years than what you paid for today - adjusted for inflation.

mrsullivan

maybe, hard to say, i suspect no, has a lot to do with supply/demand... you don't have to go back to 60s porsches to see values hold, look at 993 turbos or wide body cars, or 996/997 gt cars... i think its a supply/demand and specialness, thing...

FORENN

You may well be right but who wants to buy one just to keep it in a garage for 50 years to find out? I know a few guys who are bubble-wrapping their GT3s, hoping the car will be a payoff as an investment down the line. Seems silly to me but to each his own. I have better ways to invest my money. I buy cars to drive them.

needspeed

My point is there are two ways to look at the car: as a collectors item or for driving pleasure. If I buy that beautiful pristine 66 911, I probably won't drive it much. I put on over 14k in the year I've owned the 991 tts. Sports cars are meant to be driven - hard.

cabman4007

I drive mine (since I am retired) for pleasure rides at no more than 3,000 miles a year. Will think hard next time about sinking $200K+ into a pristine 993 Turbo vs some new 991, 992, etc iteration. For the past 25 years buying Porsches (and R8) I have taken all the depreciation beating I can accept, thats it for me.

Some of the 993 Turbos are beautiful. And I think they have growth potential. I wont be around in 50 years to see a 991 appreciate. I do not want to make money on a car purchase but do not like getting fleased everytime I buy a nice car so 993 or maybe 964 will be vetted next time out for purchase but a flawless example equal to the $$$s I would pay for a Turbo S equivalent. I know I will lose a lot less doing it this way.