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New Breed Porsche Owners - Car=Disposable Commodity?

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Old 09-16-2008 | 05:26 PM
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Boston-- Has your 911 paid a visit yet to Jerry at EPE to have the suspension done?
Old 09-16-2008 | 05:41 PM
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Oh yeah it has! The car is actually SMOOTHER over bumps with the MO30's than with the stock suspension. Also, I had a Litronics kit installed. Still waiting for my RS wheels though!
Old 09-16-2008 | 06:15 PM
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That set up makes BIG difference.

These cars feel so planted afterwards. Almost like it just came from the factory.
Old 09-16-2008 | 09:49 PM
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It's hard for me to fault any short-term'er when it comes to flipping a newer p-car (except maybe a GT3 RS). While they offer a lot, they don't have that special 'something' that would make me want to own one forever (like my 993 or an earlier 911). I see most newer cars going that direction; lot's of plastic and lot's of electronic gizmos, doodads, added weight, electronic nanny, etc. I'd really like to drive a Cayman S around for a while, but probably only for a while. For a lot less money, I think I'd prefer a Mitsu Evo X (or IX) or possibly a Subie WRX STI than a Cayman (yes, even w/ the boy racer image they project). Give me a new GT3 RS, and I may decide to stay a while though.

Regarding some of the older/classic cars, there are plenty I can check off as keepers. Many more than the new generation of autos...
Old 09-16-2008 | 09:51 PM
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I forgot to mention that the Mitsu or Subie would not be keepers for me either - perhaps just a little more interesting than a Cayman.
Old 09-16-2008 | 10:33 PM
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It seems like everything changed with the 996, which happened to coincide with the dot com boom.
Old 09-16-2008 | 10:39 PM
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Originally Posted by 993-CT
Using percentage of production run comparisons - it would be illuminating to see how many 993's are around with their original owners.... I am not sure that the number would be very different from the water types after adjusting for lease turnover

On the other hand, the 2nd/3rd owners tend to be the enthusiasts who hang on long after reason and logic have departed (myself included)
+1

Great point, I agree with you.
Old 09-16-2008 | 10:48 PM
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I see things being pretty parallel to any period of the last 25+ years I've been into Porsches. And even earlier from the "old guys" I learned from re: S models or 2.7 Carreras. And everyone HAD to have a turbo when they came back as US cars in '86. Most of my customers sold them in a year or two. Ditto 911 cabs during that period, and slightly earlier. Quite a few new-to-Porsche owners got 944s in 83-85. Lots of single women, which made life pretty interesting for me about that time! But it was more that they got it as a check off on life's acquisitions, than starting a lifelong pursuit.
Old 09-17-2008 | 12:57 AM
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I still think owning a porsche is a privilege, and a responsibility.
in fact I just finished slathering the seats of my 993 with color plus soffener so they will look as good in another 12 years.
the Cayenne GTS I bought I hope to hang onto for at least 10 years. there are tons on the road, almost common, but I still feel privileged that porshce made a 4 wheel drive to replace my toyota and I hope in a decade it looks just as sharp, and is just as much a joy to drive as it is now.

and what a privilege it would be to have the caymans get hammered in price and be an entry level car for when the kids turn 16!
Old 09-17-2008 | 01:05 AM
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Originally Posted by k722070
and what a privilege it would be to have the caymans get hammered in price and be an entry level car for when the kids turn 16!
You can find base Caymans in the high $30ks today. In the deep winter months up in the NE, they could go into the $20ks.

I bought mine new for $46k, almost unheard of for a Porsche.

CP
Old 09-17-2008 | 01:22 AM
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My '06 Cayenne S which is loaded (and had a sticker of about $73) is worth about $17K in trade right now. http://www.kbb.com/KBB/UsedCars/Pric...itions=#survey

The new Porsches (even 911's, but to a slightly lesser extent) fall in value faster than a skydiver without a parachute.
Old 09-17-2008 | 01:25 AM
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I plan to flip my TT in about 10 years.



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