997 2005-2012 911 C2, C2S, C4, C4S, GTS, Targa and Cabriolet Model Discussion.
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Old Jul 21, 2011 | 06:44 AM
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Good luck OP.

You really did get a great price.

Porsche of Delaware has a base 09 with 8500 miles on the lot with a price of $63.4 K The dealer must have somone lined up to buy your car immediately.

good luck
 
Old Jul 21, 2011 | 07:02 AM
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I agree with the assessment of the used market. I unfortunately will no longer have my 911. The only good news is that more than a year after I bought it, it's worth only 3k less.
 
Old Jul 21, 2011 | 10:35 AM
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The real question: would you sell your car after only two years, if you would only lose a small amount of money?

Would you then buy another, if you possibly would lose tens of thousands?
 
Old Jul 21, 2011 | 10:52 AM
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Originally Posted by kscheible
I'm sorry....I have to ask: Making $25k a year in sales. This is a typo right? I work with thousands of salespeople a year all over the country and I have never heard of this. Even salespeople selling cable TV upgrades door to door can make over $100k.
I was thinking the same thing - that he either left off a "1" before the "25" or a "0" after the "25". In any case, good luck and please heed our advice - stay clear of the stock market right now.
 
Old Jul 21, 2011 | 11:30 AM
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Originally Posted by Auto_Union
Greetings to everyone for one final time, this will likely be my last post on this forum. I just sold my car yesterday and I'm probably heading back to "Mazda land" where I came from. More about that later but I would like to pass on some knowledge which may prove quite valuable to some of you. Here's my story:...
Good luck to you! As you stated, priorities change and people move on. Mazdas are great cars and the Miata still is fun to drive (the ragtop version).

Re. 911s. It may very well happen that you will get another in the future and it may not be a 991, as there will be many pre-owned (low miles) 997s available for years to come. If you feel that your old Miata gave you 95% of the fun you goy from your 997.2, you are into fun driving cars... the 991 will be a superb performer, but I bet less fun.

P.S. - Thanks for your compliment. I just say it like I see it.
 
Old Jul 21, 2011 | 11:34 AM
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Originally Posted by jplanaux
The real question: would you sell your car after only two years, if you would only lose a small amount of money?

Would you then buy another, if you possibly would lose tens of thousands?
Def good questions - While price/depreciation are very valid concerns, i'm happy there are many many more reasons to get behind the wheel of a p-car to outweigh these risks.

My answer to your 2nd question - most definitely. If I was making a jump from a C2 and had the chance (and capability) to get into an RS or something, I'd do it for the passion and satisfaction of the driving experience.

Still, if one was worried about losing tens of thousands on depreciation, buy used. I know a few ppl that love p-cars, but are always a generation behind. I think it's great they found a way/the means to join the cause
 
Old Jul 21, 2011 | 11:55 AM
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Originally Posted by Auto_Union


I took delivery of my 911 Carerra base model in October of 2009 it was one of the first 2010's shipped to the US.

I'm a $25K/year salesman and I also have to pay for my own health insurance. I saved for 15 years to buy my Porsche.


I sold it back to a Porsche dealer for $73K after owning it for almost 2 years!!!

I'm taking 50K of my 73K and putting it right back to work in the stock market. I'm going to use the rest to finance some projects for my home such as updating the kitchen and ordering some top quality Ethan Allen furniture for my living room.
BOL, OP.


BTW, am i the only one with problems with the numbers?

1- u make less than $25k/year, yet u saved for 15 years to buy a porsche.. then give it up for some Ethan Allen furniture and to invest (is that even the right word?) $50k into the stock market ??

2- a Porsche dealership cut u a check for $73 k on a used 2010 base carrera with miles ??
 
Old Jul 21, 2011 | 12:02 PM
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Thanks for sharing OP. I can only read your post with envy, hoping I'll do as well as you did when it comes time to sell mine.

A related question. What if the 991 turned out to be a dud? While 996 wasn't a dud, its "failed design" made it worth less than the 993 that precede it. I realized 993 is unique as the last air cooled car, but there is always that chance 997 may become a collector's car, and hold its value down the line.

Or so I can dream....
 
Old Jul 21, 2011 | 12:04 PM
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Best wishes, good luck and all that. I also predict that you'll be back within 36 months...with another 911.
 
Old Jul 21, 2011 | 12:08 PM
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That story sounds like pure baloney to me.

1) A guy making 25K a year.....
2) Selling his Porsche back for almost the same price, 2 years later....
3) going back to Mazda Miata after driving a 911......
4) investing $50K in a bull market, which everybody knows is about to go belly up for good.
5) buying designer furnitures....

Well, let's face it. If the fella was disappointed with his car or wanted to walk away from Porsche, so be it. No need to write an entire story about this.

Interesting for sure, but hard to believe.
yves
 
Old Jul 21, 2011 | 12:42 PM
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Good luck OP, I enjoyed the read. I won't critise your situation or your salary as others have done on this forum. To each their own. I can only hope to recover a decent amount of money from my C2 when the time comes. I wish you luck in your future endeavours and hope that you'll be back (although Miata's are fantastic cars).
 
Old Jul 21, 2011 | 12:50 PM
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AU, good luck. You will be back. I echo your thoughts on Adias. I too enjoy his posts.
 
Old Jul 21, 2011 | 12:52 PM
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To the OP --

I took the attached photo a couple months ago. As usual, Willie S. gives great advice, if you know where to look... in this case, on the back of a Mazda

Best of luck in the transition!
 
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Old Jul 21, 2011 | 03:16 PM
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That's not a Mazda
 
Old Jul 21, 2011 | 03:32 PM
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Originally Posted by speedphreek
That's not a Mazda
Dang, ur right, my bad! I just looked it up and it's a
Toyota. Good thing I didn't make a joke about joining the ranks of high school English teachers!

It's still a sweet message though... I guess some guys just can't be constrained by 8 spaces on a vanity plate.
 


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