Hi everyone,

Helping a friend shop for a car, and think we have found it: a 991 2012 C2s that is priced VERY well, but has 37k on the clock. It is basically the cheapest 991 C2s I have seen with less than 50k miles. With that said, I know some would say that when you go to re-sell a Porsche, nobody wants higher mileage cars. She was planning on keeping it 4-6 years, putting 5-8k a year on it, so figure she would sell the car when it has around 75k miles. Financially speaking, she is looking at either buying this car, or spending another 12 grand to get a newer car with, say 15k on the clock. If she keeps both examples the 4-6 years, puts around 35000 miles on each car; which will be the better deal financially in the long run? Does P-Car depreciation tend to flatten out with higher mileage, or does it "go to zero" or scrap value? Not that 70k miles is high at all, but around here, it seems most cars are WAY under that number. She can justify the more expensive car "if" it doesn't depreciate any faster than the higher mileage car. She is looking to stay around $3-5k a year in depreciation.

Coming from BMW land, unless a car is an M3, if it has over 50k miles and is more than 4-5 years old, nobody at all seems to want it. You can get a 2006 330i with 70k miles for about 12 grand; that isn't much less than a 2006 Subaru Outback with 70k miles would sell for! And a 2006 Toyota Tacoma with 70k miles would still be fetching $22k, for a truck that sold for $31k originally.

What's it like in P-car world? My brain says there is always a buyer for a well-cared for 911. For example, she gets this C2s for $62k; what's it likely worth in 5 years? $35k? $40k? $12K, down there with the 330i example? Seems like going rate for a 997.1 S with 70k miles would be down in the low to mid 30's, but that is a much different (and cheaper sticker) compared to the 991.

 

I have a base 07 997 with 25k miles roughly...and trade in value was quoted at about $25-27k. No point in trading it in or selling at that point...

 

I never trade cars in. The dealers will always take advantage of you. Best bet is to clean it up and park it along a well travelled road or known selling spot. I typically sell my cars very quickly like that. I also will make an extra 15-20% over dealer low-ball offers.

 

My take - a Porsche is never about future resale. It's about happiness and joy today.

Worry about the resale when it happens.

 

Buy the best car with the most desirable options you want and enjoy it.

A CPO'ed car is the way to go.

 

Used Porsche cars are like BMW's. The used car buyers are super picky. 75K miles, good luck selling that unless you are ready to give it away. If that is a concern, she is looking at the wrong car. Go buy a Honda, nobody cars about miles. If she doesn't care about depreciation, Porsche is the best car you can buy.

 

I think this was posted here, mileage...not sure...

 

That ain't gonna happen. More like $10K/year depending on how well she buys and for how long she keeps it.

Tires on the 911 are very expensive and the rears wear quickly, even more than on your BMW.

 

from my personal experience, the porsche will hold up leaps and bounds better than the BMW over time. Just buy and enjoy.

 

Never had a Bimmer...but had 3 911's... Solid!
997
997.2
And currently a 991.1

 

Agree... Seems like once you hit 50k miles the value becomes so demoralizing it's just best to keep it for funsies!