gino'61

Need some advice from the sensei inhabiting the Forum.

I bought my 2012 C4GTS last October, thinking that I would be in the US for the next few years. By now it is reaching 3,000 miles and in awesome shape. I just love it.

Life is throwing a curve on me and I am moving to Asia. We should be in Shanghai 5 years or so. We will not initially sell our house.

Part of the appeal in buying the C4GTS is that I believe it could become somewhat of a classic down the road, being the last of the 997 lineage and with fewer being produced.

The question is, do I sell it, or do I leave it in the house? It would be driven 2-3 times/year and remain in storage in the garage with a trickle charger.

Any input will be appreciated and thanks in advance for sharing your opinions!

nhodgson

keep it......keep it or let me look after it for you

KeninBlaine

If it were me, I would sell it. Regardless of whether or not it becomes a classic, it will depreciate. And these cars don't do well when they aren't driven regularly. In 5 years you may want something else, as a lot can change in that timeframe. Or, if you still want a GTS, buy one then. Good luck with your new upcoming adventure.

CamsPorsche

Considering its a:

1. 2012 - the last
2. C4S - widebody awd
3. GTS - special model

I'd keep it...not a car you can buy new anymore unless there are still some on the lots. Life changes quickly and you may be back in the USA before you know it...

switch911

Unlike your home it is a depreciating asset. Sell it.

mdrobc1213

Take it with you maybe? You may discover a new love for it in Shanghai! Or keep it and store it properly. But if you keep it...do so cause you want it and love the car/body/way the 997's are put together..not to make/save money as someone else has said...they are depreciating assets and unless you're talking about very specific models...not something you can expect to greatly appreciate in value.

sclemmons

I would keep it, but selling it makes more sense. It will lose $5000+ a year, or more, whether you drive it or not. You could sell it, invest the proceeds, and double your money in five years. Do the math and that is a gap big enough to buy a Cayenne, too.

Gruson

Sell it or lose more money later.

niche

Sell it... Sensible thing to do.

gota911

Sell it. Makes no financial sense to keep it.

7500rpm

IMO it's special but only Spyder or 996 Turbo S special. Smaller production but doesn't really have a racing story behind it so its unlikely to become collectible. I am in Shanghai and don't bother researching whether you can ship here, you can't unless you are a consulate. Do you track? PM if you want to know more about Shanghai.

gino'61

Wow, thanks, guys!! No wonder I am conflicted as the feedback reflects my own thinking.

It is getting clearer. I guess I went over the financial aspects of the decision when I purchased it. Heck, it was never an investment to start with and buying any new car is always a bad financial decision. A Porsche even more so.

It was not a rational act and probably the one that follows won't be either. At this point it feels as if I would be leaving my wife behind! (oops!) It is not an asset, nor an investment. It's my Porsche!!

gino'61

Awesome suggestion!!

gino'61

Thanks! You confirm what I have been told. BTW, is it true about chinese drivers targeting foreign drivers to collect insurance, thus the imperative need of a driver? I found that one a bit exaggerated....

And no, I do not track. Barely have time to drive it! I have't been able to apply the wisdom of "if your wife or job get in the way of your hobbies, leave them!

MessyMarvin

Sell it, sorry to hear you have to leave for 5 years, hopefully it is something you want to do, no amount of money in the world would be enough to get me to leave the states for 5 years.

In 5 years it will be worth $20-30K less than it is now, what is the point of keeping it?