When is it enough to stop spending 997 money on a 996?
#61
Rennlist Member
Yep. When you out everything into perspective the numbers look a little different.
It's like the guys that say if you are going to track a 996 you should get a 996 GT3. I love the GT3 and would love to have one. But the math doesn't work because it will eventually need a rebuild. Sure, if you a DIY guy it will be cheaper, but it still can be compared.
$100k for a GT3
$40k for a mezger rebuild someday
$140 k total
$30k for a 996
$40k for an M96 rebuild someday for durability and power that rivals the mezger.
$70 k total
I'll take the m96 powered 996 path.
It's like the guys that say if you are going to track a 996 you should get a 996 GT3. I love the GT3 and would love to have one. But the math doesn't work because it will eventually need a rebuild. Sure, if you a DIY guy it will be cheaper, but it still can be compared.
$100k for a GT3
$40k for a mezger rebuild someday
$140 k total
$30k for a 996
$40k for an M96 rebuild someday for durability and power that rivals the mezger.
$70 k total
I'll take the m96 powered 996 path.
#62
Sure.
But as an example, you can use any model and plug in the numbers, so let's use a new 992 is 200k plus very expensive annual service fees after it comes off of warranty.
$30k 996 purchase price
$30k engine, suspension, exhaust, etc refresh price
$60k sports car thats driveable w/~$1-2k a year annual service
$200k 992 purchase price
$ ? unkown refresh costs
$ ? unknown annual service costs
$ ? unkown total capital outlay, but its Big Bucks all in cost that doesn't take into consideration depreciation loss.
Nobody NEEDS a Porsche, let alone a classic sports car. But if you do, and you are concerned about total outlay of capital, the 996 is a financially viable solution. Even if you have to rebuild the engine.
Just work the math.
But as an example, you can use any model and plug in the numbers, so let's use a new 992 is 200k plus very expensive annual service fees after it comes off of warranty.
$30k 996 purchase price
$30k engine, suspension, exhaust, etc refresh price
$60k sports car thats driveable w/~$1-2k a year annual service
$200k 992 purchase price
$ ? unkown refresh costs
$ ? unknown annual service costs
$ ? unkown total capital outlay, but its Big Bucks all in cost that doesn't take into consideration depreciation loss.
Nobody NEEDS a Porsche, let alone a classic sports car. But if you do, and you are concerned about total outlay of capital, the 996 is a financially viable solution. Even if you have to rebuild the engine.
Just work the math.
Not that I disagree, but.. well. It's man math.
#64
Rennlist Member
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2002C2 (06-04-2024)
#65
a. you forgot 10k suspension rebuild, 5k for brakes, 10k for various cosmetic issues, another 5-10k for misc. improvements, etc.
b. that reasoning goes out the window the moment you sell the car (unless kept for 10+ years)
c. new vs. used is an age-old debate
b. that reasoning goes out the window the moment you sell the car (unless kept for 10+ years)
c. new vs. used is an age-old debate
#66
Rennlist Member
B. Agreed. Same for any other Porsche you may decide to own.
C. It sure is.
Bottom line is you aren't buying a Porsche to make money. They cost money whether you like it or not. However, sometimes a real gem comes up for sale that you don't need to spend $30k on an engine service, suspension and exhaust. Instead the previous owner took car if it and did it all. So you get the 996 for $35k all in. But this is the exception, not the rule.
The 996 is currently a very good deal for someone that needs an unnecessary sports car.
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Haalex (06-03-2024)
#67
A. Go up a few posts. The $30K includes that.
B. Agreed. Same for any other Porsche you may decide to own.
C. It sure is.
Bottom line is you aren't buying a Porsche to make money. They cost money whether you like it or not. However, sometimes a real gem comes up for sale that you don't need to spend $30k on an engine service, suspension and exhaust. Instead the previous owner took car if it and did it all. So you get the 996 for $35k all in. But this is the exception, not the rule.
The 996 is currently a very good deal for someone that needs an unnecessary sports car.
B. Agreed. Same for any other Porsche you may decide to own.
C. It sure is.
Bottom line is you aren't buying a Porsche to make money. They cost money whether you like it or not. However, sometimes a real gem comes up for sale that you don't need to spend $30k on an engine service, suspension and exhaust. Instead the previous owner took car if it and did it all. So you get the 996 for $35k all in. But this is the exception, not the rule.
The 996 is currently a very good deal for someone that needs an unnecessary sports car.
But making financial sense of spending 30 large on an engine rebuild for a 25 grand 996 is still man math . The type of man math many M96 owners might make someday.
Last edited by Haalex; 06-03-2024 at 04:09 PM.
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GC996 (06-03-2024)
#68
Rennlist Member
Agreed. Don't know why anybody would buy any Porsche hoping they didn't have to service it and even worse, thinking they will make money.
You buy it because you want a vehicle to play with as a costly hobby.
You buy it because you want a vehicle to play with as a costly hobby.
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#69
Rennlist Member
^^^^ This ^^^^ !!! unless you are planing on putting in your labor and time and plan on selling that along with the car.....
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#70
Drifting
Hear me out guys and I love my 996,2 Targa. But I am projected to hit 997 and beyond money in the next few months, My 996.2 is 20 years old and looking back at PO work on the car, its hit 997 money a couple of times, which means its been taking care of. In comes me $32k Purchase, shipping, insurance, fee's, etc Im at $38k. Recent oil change, Rear Tires, Coolant tank, Fuel Pump and Sender I'm at $41,436. I amazed I am already here, didnt expect it.
Still the need the following:
Suspension refresh
AOS or UAOS
Clutch
IMS
RMS
While im in there stuff
And add a Hartech engine? Damn we in very deep
By the time I am done, I see 997 cars all day...Ownership is not for the faint of heat I know this .....Anyone else have thoughts like this
Still the need the following:
Suspension refresh
AOS or UAOS
Clutch
IMS
RMS
While im in there stuff
And add a Hartech engine? Damn we in very deep
By the time I am done, I see 997 cars all day...Ownership is not for the faint of heat I know this .....Anyone else have thoughts like this
Of course, you may end up finding out that the 996.2 Targa you already own is the perfect model for you, over the 997 and other 996 options, so then your mind will be far more at ease over the maintenance investment. The grass isn't always greener on the other side. That said, maintenance for any Porsche does tend to be "greener" than any of us would like .
Last edited by peterp; 06-03-2024 at 04:51 PM.
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Marv (06-03-2024)
#71
Rennlist Member
Golf clubs are easy in a Targa. Tennis rackets, groceries, yada, yada. Unless you have an aero spoiler.
Last edited by hatchetf15; 06-03-2024 at 04:52 PM.
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#72
Hear me out guys and I love my 996,2 Targa. But I am projected to hit 997 and beyond money in the next few months, My 996.2 is 20 years old and looking back at PO work on the car, its hit 997 money a couple of times, which means its been taking care of. In comes me $32k Purchase, shipping, insurance, fee's, etc Im at $38k. Recent oil change, Rear Tires, Coolant tank, Fuel Pump and Sender I'm at $41,436. I amazed I am already here, didnt expect it.
Still the need the following:
Suspension refresh
AOS or UAOS
Clutch
IMS
RMS
While im in there stuff
And add a Hartech engine? Damn we in very deep
By the time I am done, I see 997 cars all day...Ownership is not for the faint of heat I know this .....Anyone else have thoughts like this
Still the need the following:
Suspension refresh
AOS or UAOS
Clutch
IMS
RMS
While im in there stuff
And add a Hartech engine? Damn we in very deep
By the time I am done, I see 997 cars all day...Ownership is not for the faint of heat I know this .....Anyone else have thoughts like this
I knew maintaining these beauties cost money, but I may have grossly underestimated just how much. I've done my share of research, and most of those estimates were quoted before the pandemic. Since then, the price of admission almost doubled, if not more.
So, it really comes down to passion, doesn't it? Non-enthusiasts will think we're crazy, and to certain degree, they may be right. As much as I love my car, it is a hard pill to swallow when it comes to the cost. My brain says, "no", but my heart says, "yes"!
I haven't driven 997 myself, so that is the other side is greener case. I've test driven much faster cars, but the car that made want to actually drive was the 996 C2. Yes, I do like my car, but is it worth spending all that hard earned $ to keep it going? This is my dillema.
@911Dreamer , your targa is beautiful, BTW. I too am a sucker for the aero kit, especially the wing. I always loved that 996.1 GT3 taco wings😉
#73
Race Car
Don't panic my friend, the gearbox fix is permanent and you will never need to mess with it again. Like I said you can live with 2nd gear pop for a long time if it does not make sense to deal with it now. Meanwhile enjoy your people's supercar.
#74
Advanced
As impossible as it may be, I try to live within mods that fulfill a certain drive style. It's only going to be pristine to a point, or modded to a certain degree to avoid excess issues later. It was helpful to me to say "go kart" to the mechanic as a profile for mods which meant minimum engine work, and more suspension as I'm not looking at tracking or top end. Maybe smaller tweaks like aesthetic stuff, like a hood badge, hardback seats, numeric shifter or 997 airbox. I'm too timid to go modding performance to the point of not passing smog.
#75
Rennlist Member
Yep. When you out everything into perspective the numbers look a little different.
It's like the guys that say if you are going to track a 996 you should get a 996 GT3. I love the GT3 and would love to have one. But the math doesn't work because it will eventually need a rebuild. Sure, if you a DIY guy it will be cheaper, but it still can be compared.
$100k for a GT3
$40k for a mezger rebuild someday
$140 k total
$30k for a 996
$40k for an M96 rebuild someday for durability and power that rivals the mezger.
$70 k total
I'll take the m96 powered 996 path.
It's like the guys that say if you are going to track a 996 you should get a 996 GT3. I love the GT3 and would love to have one. But the math doesn't work because it will eventually need a rebuild. Sure, if you a DIY guy it will be cheaper, but it still can be compared.
$100k for a GT3
$40k for a mezger rebuild someday
$140 k total
$30k for a 996
$40k for an M96 rebuild someday for durability and power that rivals the mezger.
$70 k total
I'll take the m96 powered 996 path.
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