Judd Brown Msw

Good afternoon everyone. So I had a 2014 C2S for two years exactly this month. The warranty was coming down soon so I decided on selling it for a very decent price. I actually started to have slight withdrawals when my garage was empty. So I started to look at some 2017 base models. I drove one and it felt faster than my S. I then started reading some different articles and noticed that it actually is faster. My biggest fear is depreciation. With my 14 I only lost 14,000 over two years. My threshold is 10,000 per year I've been told that the base actually holds it's value better both when it's new with residual and when it's being sold Used. I started to research from 2011 to 2016 and noticed the S actually does depreciate more however I'm sure the S is more desirable in the used car market. I have the opportunity to purchase 2017 with 5000 miles with the 118 sticker for about 95. If I kept this for two years is it safe to say I'll be able to recoup 75? Or should I just wait for a used 17 S to come available? My budget is 100,000 or less. Any and all comments are appreciated. Thank you.

rellim

Doesn't make sense to me. Worryin about depreciation.
1) can't afford it
2) shouldn't buy it could be in a crash or who knows

Just my 1 cent worth.
Buy new drive it till it drive's no more I.M.O.

Dewinator

So you sold after two years because of the warrenty expiration (a small chance of losing some money) and went a guaranteed loss of a bunch of money? It makes no sense. If you want to stop wasting money, buy the car you want used and hold onto it for a long time.

Judd Brown Msw

I appreciate your response. This is not a matter of affording the vehicle or not. I just like to make a smart decision, this is the reason why I would not ever buy a McLaren or any one of those exotics because I have friends that have taken major hits. I also have another friend that owns an exotic car dealership and he says the best vehicle to own with the least amount of depreciation would be a Porsche 911.

CSK 911 C4S

CPO is the way to go.

So you can drive your car for at least 6 years vs 2 and allow the 1st owner to take the hit on depreciation.

blackonblack

You said like a BMW driver, my advice is to go look at an M6.

R_Rated

This mentality will never lead to justifying any newer car. Best to get a 993 for your scenario.... except no warranty. Really - the best move for those worried about resale is to buy, hold and enjoy. Trying to rationalize a car like this as an asset will never make sense in any scenario. The more you buy and sell - the more this variable is amplified. Also - the 991.1 platform is relatively rock solid. If the car is taken care of, I'd not hesitate owning outside of warranty.

rkwfxd

Buying a new to you car every two years is not a smart decision.

As was previously mentioned buy a car that you really want stay on top of the maintenance and drive and enjoy it for many many years.

tstafford

Agreed. In all but the rarest of Porsche purchases, I go CPO. Certainly would go CPO if I was buying a base 911.

mac10

Understandably your'e trying to make the best decision you can. I may be speaking out of turn here, but to most of us these cars come down to so much more than just numbers.

KenTO

You can't always predict depreciation,10k is not a lot. Financially you should be prepared for any worst-case scenario, sounds like you can't really afford the Porsche you want, perhaps your money can be better used elsewhere.

Syringe

The CPO route is certainly a good choice. Since I got my 2013 991.1 base (7 MT), the following were replaced through the CPO process and warranty: Two front tires, battery, charcoal filter, cabin air filter, all fluids, and rattles in the passenger B pillar. The last of those (charcoal filter) about 6 months ago.

The first owner had only driven the car 7800 miles, and it had languished at another dealer for several months. The car is totally reliable, and my warranty lasts through 2019 (!!).

So, my advice is to be patient, look around for what you want, get it CPO, and run it as hard as you dare - these cars thrive on it!

R_Rated

If sound financial discipline is a factor then a honda is what you want. There really isn't a way to financially justify any sports car or luxury car of any kind. It's all how much you justify it which is a result of how bad you really want it.

studlee

Why don't u lease a 2017 base. U can lease for less than $1000 a month with a small down. Total cost of ownership of about $27k to 28k...including tires and oil change.

In your current scenario ...I think after 2 year the cost of ownership will be more than what u have calculated. I had a base 991.1 msrp 95k at the end of my lease residue was 70k and bases with similar miles were selling for around 65

autobahnA8

Buy a low option / stripper gently used example and you will minimize your depreciation.

in the end, it's a mass produced car. You will lose money and the first few yrs out of the gate will be the worst.

buy what moves you emotionally (within your means) and enjoy it.