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Spare $60k: what would you buy as a fun car and possible investment?

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Old 07-06-2015, 08:36 PM
  #16  
shotor
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Originally Posted by Spyerx
996 gt3
964 c2
85+ Carrera

All can be had in that price range. 993 doesn't do it for me.
^^^ This man speaks the truth!
Old 07-06-2015, 08:44 PM
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TRAKCAR
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+2
Old 07-06-2015, 08:50 PM
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tcsracing1
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With $60k budget and the idea of the car maintaining value in the next 5 years you would be best to score a 964 or 993.
Old 07-06-2015, 08:56 PM
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usctrojanGT3
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Originally Posted by F1CrazyDriver
If we are resorting to buying car as investment, IMO, you lads need better accountants.
Someone should also tell Mooty to stop driving his 4.0.
Entityx, should beat down that lady who DD's her Enzo as well.

Sorry i just hate these threads about car's as "investments". If you calculate ROI, very rarely do any of these turn into a profit margin. Unless you flip within days/weeks- if bought under priced. Or just at the perfect time before a bubble, and sell before a burst.
Unfortunately we are currently in the bubble phase.
+1 I have never understood the rationale to buy cars for investment purposes. I buy all my cars to DRIVE. In my mind, I view them as depreciating assets. However, if I happen to own car/s that do appreciate or hold their value then I consider myself lucky and it's just whipped cream on top of the sundae. Sunk carrying costs such as insurance, registration, and/or storage can add up and then of course you have time value of money and opportunity costs of other investments. But what do I know, I'm just a lowly bean counter and a Porsche semi-newbie.
Old 07-06-2015, 09:49 PM
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ilko
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If you want a fun car for $60K, buy a well-sorted narrow body 993. It provides the best air-cooled experience. You won't lose money if you ever you decide to part with it.
Old 07-07-2015, 12:06 AM
  #21  
jvmax
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ship has sailed on the 996GT3, $70k is the bottom for a clean 40k-50k mileage one. 30k mile and under $80k and up. There are just not any for sale, roughly 1,000 units for the us market 2004-2005.

993 narrow body or 964 coupe 2 or 4.

aircooled porsches, GT2, GT3, GT3 RS, Turbo, CGT seem to be the hot ones. nice 996 are even climbing and they are the best value (non GT cars that is)
Old 07-07-2015, 12:07 AM
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Originally Posted by jvmax
ship has sailed on the 996GT3, $70k is the bottom for a clean 40k-50k mileage one. 30k mile and under $80k and up. There are just not any for sale, roughly 1,000 units for the us market 2004-2005.

993 narrow body or 964 coupe 2 or 4.

aircooled porsches, GT2, GT3, GT3 RS, Turbo, CGT seem to be the hot ones. nice 996 are even climbing and they are the best value (non GT cars that is)
sorry, none of mine are for sale except the 991 50th and Ford GT
Old 07-07-2015, 03:29 AM
  #23  
JuanCarpantier
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How about a Gen 1 Boxster Spyder?

http://www.ebay.com/itm/Porsche-Boxs...m=141712147548
Old 07-07-2015, 08:31 AM
  #24  
NAM VET
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A Donzi, not a car.

All the best...
Old 07-07-2015, 08:56 AM
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Reid55
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996 Turbo (with X50 if you can get it). They seemed to have bottomed out. Rocket ship, highly modifiable, very dependable.
Old 07-07-2015, 11:40 AM
  #26  
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Originally Posted by LexVan
The 993 market is white hot. Maybe you can get into a narrow body with high miles for $60.

Maybe a 996 GT3 or a 996 Turbo that's all stock. Depreciation might still be an issue unless you can buy really smart.
I was surprised to this fact when I was just farting around and pring 964s and such.

I was going to say the 996 GT3 too. I don't know if it will appreciate in value, within 5 years, but it's your best bet for the 996 model. And will more than likely become one of those ugly duckling cars that won't appreciate until there has been a mass market consensus to the fact - as in a lot of the older Ferrari Models(250's,275's and Quad Cam V12's).

I feel someday people will appreciate the 996 GT3 for what it is, the more or less most stripped down version of the GT3s lacking the driving nannies.

Besides, if you ever get the hankering you can do the Sharkwerks 3.9L modification on it. But since most examples have been driven a lot they might suggest a bottom end rebuild if needed.

Personally I have been looking at the V10 M5s with Manual transmission. And one thing is for certain... Mercedes, BMWs and Audi's don't hold their value like a Porsche does.
Old 07-07-2015, 12:44 PM
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CosmosMpower
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Where are you guys finding clean 997.1 turbo 6MT's for 60K? I'd take one for 60!
Old 07-07-2015, 01:09 PM
  #28  
Quadcammer
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Originally Posted by CosmosMpower
Where are you guys finding clean 997.1 turbo 6MT's for 60K? I'd take one for 60!
They aren't.

I just bought a 2008 with 50k miles for 58.5, but it definitely needed some work.
Old 07-07-2015, 02:28 PM
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For an 997.1 Manual with low miles, under 20K to even around 5K (Sunday driver) you're looking at "AROUND"(!!!) anywhere from ~$75K to ~$90K+. That is depending on Mileage, already mentioned, and relovent Options.

But you can get lucky for $60K on an 997.1TT. Prepurchase inspection is a must and never use someone to inspect a car that a dealer or seller has suggested. The whole point is you are getting a completely independent inspection but everyone here probably knew that already.
Old 07-08-2015, 03:48 AM
  #30  
mooty
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Originally Posted by F1CrazyDriver
If we are resorting to buying car as investment, IMO, you lads need better accountants.
Someone should also tell Mooty to stop driving his 4.0.
Entityx, should beat down that lady who DD's her Enzo as well.

Sorry i just hate these threads about car's as "investments". If you calculate ROI, very rarely do any of these turn into a profit margin. Unless you flip within days/weeks- if bought under priced. Or just at the perfect time before a bubble, and sell before a burst.
Unfortunately we are currently in the bubble phase.
i stopped deriving it last weekend. 19 hours detail, sent mia under the car to scrub the belly pan and max on wheel well.

investment in cars? haha
if htat's the case, i htink i would rank ahead of buffet on forbes by now.
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