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how long will you keep your 996?

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Old Aug 8, 2004 | 09:20 PM
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how long will you keep your 996?

so - looking for advice and experience among owners. i have 2002 now with 30,000 miles. i drive it everyday -it is great. who has a car in the 60,000 mile range or more - what has been your experience?
reliability, service costs,,,etc. the irony is all of our cars after we get rid of them continue to circle the globe in other hands. i would post pictures but i don't know how, larry
 
Old Aug 9, 2004 | 12:58 AM
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Until the warranty runs out. I will never own one of these cars without a warranty. My 2003 has 28000 miles on her...the clock is ticking.
 
Old Aug 9, 2004 | 06:41 AM
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Robyn how many months have u had the car...Mine is an '03 and I have had it since Oct 2003 and have 14,600 on it...my old car which was a MY00 I bought in late 2001 and put over 36,000 on it it already had 8k on it when i bought it so i ditched it with 43k and 6 months of warranty left...personally I would never own one of these out of warranty either parts are very expensive...
 
Old Aug 9, 2004 | 07:15 AM
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What is going on? I thought these cars were great, ran forever, very reliable, decent investment etc. If everyone dumps the car before the 4 year/50K miles you will get hit hard by depreciation. I was always told you keep a car at least 7 years. So, is the general feeling that you shouldn't own the car long term because they will breakdown and it will be very expensive to keep up? My last sports car was a 300ZX. Had it 14 years with no problems. My initial thought was to buy this car and enjoy it long term. Was I wrong, why do mods on a car and then get rid of it? Does everyone here have money to burn ????
Neil
 
Old Aug 9, 2004 | 07:56 AM
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It's true ,with these cars if you want to play you have to be able to pay, I assume if you can afford to buy a porsche, then you should be able to afford to own it and drive beyond the warranty.
No true porsche person would sell their car just because the warranty expired! look at all the 993s on the road with no warranty. enjoy your car man and don't worry about fixing something thats not broken, your car is reliable and will give you many years of enjoyment if you maintain it and take care of it.
 
Old Aug 9, 2004 | 09:30 AM
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I agree with 911 flyn and neil. The hit one takes on the initial depreciation will far exceed the total costs you incur in potential future defective equipment. While there will be exceptions no matter what car you buy, statistically, if you buy a car that is in good shape and maintain it well, you should get many, many years of pleasure out of it. The key to keep costs down is to learn how to do some of the more routine work yourself, ie oil changes, brake pads, etc. Do what you can handle to save on costs. It is rare that some very expensive issue comes up that would require a huge outlay of cash. I know there might be exceptions so please do not post by telling me your horror story of how you had to replace an engine or the like. I believe those instances are the exception not the rule. Enjoy your car and take care of it - you'll get many years of driving pleasure out of it.

Tony
 
Old Aug 9, 2004 | 10:15 AM
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Thank goodness some reason exists. I mean yes I can afford some repairs in the event that it happens, but owning this Porsche has been my dream. I want it to have that dream for a long time. I hope I may be in the financial position to obtain other dreams but I don't want to exchange $90000 cars, and take a $30000 to $40000 hit every 3 to 4 years. I don't believe that is reasonable(unless by choice). I want to pursue my dream not wake up in a nightmare after 50000 miles.

Any other opinions?

Neil
 
Old Aug 9, 2004 | 10:26 AM
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I'd keep it. If you look at depreciation loss vs. parts you'll still be ahead in 7 years by keeping it. The best part is, the Porsche is timeless. Unless your the type who does get bored and needs the newest model, which I can understand, I did that with bikes.
 
Old Aug 9, 2004 | 10:28 AM
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When I got my 996 a '99 Cabrio, I decided that I would keep it until the next model update/redsesign....I sold it last week, it averaged out to be $10,000 depriciation a year....

Triying to decide what's next....
 
Old Aug 9, 2004 | 11:01 AM
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keeping mine for a loooooooooong time. i had mine since march 2004, got 14000 miles on it already. it had 8 miles when i picked it up
 
Old Aug 9, 2004 | 11:50 AM
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I think turnover on the 911 is very high, and the length of ownership relatively short primarily because the Porsche 911 was a dream car for so many buyers since they were kids.

But after owning the 911 for a year or two, the novelty starts to wear off, and they realize that it really isn't the most practical daily driver. I've known several 911 owners that fall into this category.

As for myself, I love my 996 and will not sell it until I have too many kids to fit in the back seat.
 
Old Aug 9, 2004 | 11:10 PM
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I have a 1999 w/ 57k miles. most of the money spent on this car was for mods.
like most people, i wanted a Porsche since I was a kid. this is my first 911, i'll probably keep it until it falls apart when i get the 997, the 996 will be dedicated as my track car. that's the plan anyway...
 
Old Aug 10, 2004 | 12:36 AM
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Before I ordered my 2001 C2 coupe, my wife was concerned that every time a new version of the 911 came out, I would go and buy it. So, she made me sign a statement in blood, that I'd keep the car for at least 10 years.

I have 7 more years to go, but only have 3k miles (yes, 3k miles). By the time 10 years is up, maybe I'll have 10k total miles!
 
Old Aug 10, 2004 | 09:29 AM
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Originally posted by 911 flyn
It's true ,with these cars if you want to play you have to be able to pay, I assume if you can afford to buy a porsche, then you should be able to afford to own it and drive beyond the warranty.
No true porsche person would sell their car just because the warranty expired! look at all the 993s on the road with no warranty. enjoy your car man and don't worry about fixing something thats not broken, your car is reliable and will give you many years of enjoyment if you maintain it and take care of it.
Firstly, I AM a true Porsche person. However, I have had some very interetsing experiences in the two and a half years of ownership. My Boxster had over $65K in warranty repairs...and my Carrera has had a good $20k already. While I think these cars are reliable as they have never broken down on me...it's not a matter of being able to "afford" ownership, but what is SMART financially. My case is extreme...so take it for what it's worth to you. I will NOT own one of these cars out of warranty, nor do I think it's worth it. You may feel you are more real than I...more power to you, cut your check for the repairs and live with that label. I for one, will be happy with a new one every four years or so with my warranty in tact. Cheers!

PS I've had my C2 now for one year.
 
Old Aug 10, 2004 | 10:05 PM
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Originally posted by 996garage
I think turnover on the 911 is very high, and the length of ownership relatively short primarily because the Porsche 911 was a dream car for so many buyers since they were kids.

But after owning the 911 for a year or two, the novelty starts to wear off, and they realize that it really isn't the most practical daily driver. I've known several 911 owners that fall into this category.

As for myself, I love my 996 and will not sell it until I have too many kids to fit in the back seat.
I think for many, the novelty of having to shift the manual transmission also wears off rapidly after driving in stop-and-go traffic. Tiptronic 911's account for around 25% of new 911 sales, but when you look at the used car ads, they seem to account for around 1%. The tips are keepers!
 


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