Looking at 2003 Porsche Targa and need input
#1
Looking at 2003 Porsche Targa and need input
I have been looking for a Cayman or Cayman S for a long time. I ran across a 2003 Targa with 62,000 miles on it a few hours from where I live. First question is an 11 year old Porsche a mistake if I plan on tracking and auto crossing the car? My current weekend / track car (limited) is a 2012 MINI JCW and I have grown very tired of MINIs and the FWD nature. I find my self driving my 2004 BMW more than the supposed fun weekend car...
Second any advice on buying an 11 year old porsche that I can't readily go look at?
Second any advice on buying an 11 year old porsche that I can't readily go look at?
#2
Rocky Mountain High
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I don't think that buying a used 911 is a bad thing. However, you really need to get a solid PPI, understand the maintenance and history of the car, and drive the car. I wouldn't buy one without any of these things.
On another note, the Targa isn't the best choice for track use. You'd be better off with a Carrera variant. The targa isn't as structurally rigid as the Carrera and it's heavier on top due to the huge glass roof.
On another note, the Targa isn't the best choice for track use. You'd be better off with a Carrera variant. The targa isn't as structurally rigid as the Carrera and it's heavier on top due to the huge glass roof.
#3
Good point on the Targa and weight up top... A good track performer is part of the criteria but a greater percentage of the time will be spent just enjoying the car on the weekends on country roads.
#4
Hopefully, someone here is local to the car and can give it a quick once over. And as Dennis C suggested, have a good PPI done by a trusted shop (indy or dealer) to give you an "educated decision" to buy this car or not. Best of luck.
#5
Instructor
Join Date: Apr 2014
Location: Nice, France
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After a clean PPI it all boils down to how you feel the car.. make a mistake or two concerning 911 variants! That's what fuels dreams for future purchases!!
as everyone says, ask me how I know.. :thumb up:
good luck and have fun!
M
#7
I like the style of the coupe but the open air of the targa. I have never liked the cabriolet. My dad has a 1999 cabriolet but I just have never been a fan of convertibles. Coupes look great.
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#9
Rennlist Member
Yeah, that's a cool thing about the Targa. No offense to the cabriolet owners, but I feel the same way about the lines of the cabs. But, the sunroof on the coupes just isn't real well conceived - too much wind noise and an odd, irritating wind noise at that. Targa would be a good solution. Plus, they are pretty rare and unique. If ultimate track performance is only moderately or less important to you, get the Targa. Lack of depreciation will be a nice little bonus over the Cayman as I think the 996 depreciation curve has pretty much hit bottom. In other words, if you buy the Targa and later are lusting after the Cayman, you'll be able to get most if not all of the purchase price back on the Targa, assuming you don't overpay for it.
#10
Rennlist Member
I don't do a PPI until I come to an agreement on price. Then ask here for a PPI recommendation - use an indy, not a dealer for the PPI. If the seller has been upfront about what's wrong with the car (and there is ALWAYS something wrong with a 10+ year old car), then the PPI should just be confirming the car is as described with no indications of an imminent major component failure (note that a PPI is still no guarantee). If so, no need to haggle price further (if the PPI does show the car to be not as advertised, then you can't trust the seller and you should walk before you wire the seller a bunch of money). Then, agree on delivery method (fly out - drive home is my favorite if I have time). If I'm buying a car for more than $10k, I just wire the money. The seller sends the title as soon as he gets the $$ (unless you're picking it up quickly). Then either you or your shipper arrive to get the car.
Also, before sending the$$, I do some internet snooping on the seller and have at least 4 phone or e-mail conversations with him. If the little red flags are going off in the back of your mind telling you that something is wrong, don't send the $$.
Also, before sending the$$, I do some internet snooping on the seller and have at least 4 phone or e-mail conversations with him. If the little red flags are going off in the back of your mind telling you that something is wrong, don't send the $$.
#11
Rennlist Member
To clarify, set the price first based upon seller's description of condition and what should be at least 20 photos e-mailed to you by the seller. The PPI is to confirm condition, not set price. You can't go to trouble and expense of a PPI unless you are confident that you can get the car at a price you are willing to pay. If the PPI shows the seller misrepresented the condition of the car, then you don't want to do business with that seller.
#12
Yeah, the Targa is a few pounds heavier. Take out the spare and you're back even with a Carerra.
But, don't pass on it for performance reasons. Are you planning to compete? Where fractions of a second per lap matter? No.
The bigger question is, are you looking for an eleven year old car. If so, it's hard to beat a 996 Targa.
But, don't pass on it for performance reasons. Are you planning to compete? Where fractions of a second per lap matter? No.
The bigger question is, are you looking for an eleven year old car. If so, it's hard to beat a 996 Targa.
#13
Rocky Mountain High
Rennlist Member
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Don't get me wrong... I love the targa. I think that they are great vehicles and that they are fine for occasional DE events or autocross. However, for anything more than that, I'd probably get coupe. A sunroof delete coupe would be even better. As kcattorney said, a Cayman S would be fantastic on the track.
#14
Being competive in my local region autocross competitions is important. I have been very successful in my MINI jcw and curious how I would fair moving up to porsche.
I also want to do several HPDEs a great with it, but not timed events...
My father says I should look at the 997 instead for maintaining value...
#15
Rennlist Member
Have to disagree with your dad on depreciation. 996's are pretty much at the bottom of their depreciation curve - they may not appreciate in value for a long time, but they won't drop much in value. 997's are still taking a pretty big depreciation hit. This is not a comment on the overall worthiness of the car - it's just a factor of the age of the car.