my situation:
- I have a 2003 996 with X51, 75k miles (warranty till 90k)
- I drive 13k miles per year
- My Porsche is my daily driver (40 mi RT commute)

Love the car but am itching for a newer Porsche.

Drove a 997.1 C2S and 997.2 C2 - neither seem enough of an upgrade, so I decided it's not worth it.

Drove a 997.2 with PDK and loved it. Searched and found not many on the market with the colors, options, and price point I like. So I'm thinking I just wait until more come on the market.

Problem is I don't like to wait once I'm made a decision.

Found a CPO'ed 2009 C2S that fits the bill, but with 40k miles on the clock (single owner car).

I usually drive my cars 2 years, 3 years max, so warranty coverage will be plenty.

I myself don't mind the high mileage, just thinking about resale. Any opinions on how much my resale value will suffer if I try to sell an '09 with 66k miles (in 2 years) or 80k miles (in 3 years)?

Thanks for any opinions!

 

Mileage is a factor but these cars are built to last....in EU these run them hard. What you need to be watch out for are the major maintenance milestones. Those are big ticketed item that warranties won't cover.

Go for it....

 

Compare the MSRP of a 2006 997 (comparable (e.g. C2/4/4s/s) to the car you are looking at) with 80k miles with today's selling price and that should give you a pretty good idea of how much (look for the percent reduction and not $$ value) the car you will be looking at will depreciate.

 

Mileage will absolutely cream the resale and make it a very hard car to sell. If you trade it, it might not matter that much, but my car lost a lot of value when it simply clocked over 30k. There are many low mileage examples the car would compete with.

 

^This. If you are driving the 997.2 into the ground, no biggie. If you are thinking about resale, you will be catering to a very particular buying population. Over 50K on the odometer and forget about trying to get market value when you sell.

 

even with low mileage forget getting market value.
My rule of thumb in life - it's always easy to buy, hard to sell.
If you are buying for resale value and minimized depreciation then you should get a lexus or Honda.

but having a high mileage porsche is a great thing - more people should drive it then garage it.

 

Don't buy a car with the resale as a primary consideration. You need to do what you want, and worry about the value when it is time to sell it. Besides what price do you put on the driving enjoyment? For me, it is worth the price of admission.

 

True. If one is preoccupied with resale then leasing may be a better alternative. Fortunately, in my state the trade-in value of the old car can be subtracted from the price of the new car when calculating the General Excise Tax on the new car. This makes taking a bath on trade-in somewhat more palatable. Many of us don't have the time/patience to sell our car to private buyers.

 

I'm waiting to see what happens to prices once the 991s start shipping. I'm also going to be in the market for a 997.2 in two years, so hope the timing is right.

 

I'm driving my 09 C2S and letting the miles end up where the fall. The pleasure of putting extra miles on outweigh the lower value of the car in the future.

 

A nicely maintained high mileage 911 should not be that difficult to sell, not trade, sell.

 

Makes sense to me.....+1

 

I bought mine with 48000 on it. I was glad the price dropped for a car over 30 or 40 or whatever. I saved money when I bought it. Let's be real. A 40K mile car, especially a P-car, is damn near new if taken care of properly. I don't have to drive to work, so I knew I'd only be putting fun miles on it. As many as possible. I wouldn't hesitate to buy a 70K mile 911 if it looked and performed great. My 2 cents.

 

That's the stuff I love to hear.... Always like to hear the positive side of Porsche.

 

very good feedback guys. These cars have "bulletproof" motors and are built to last. Go to Europe and you will see them with 100k + miles everywhere. A well maintained high mileage Porsche should not have a problem selling. Porsche enthusiasts know a good Porsche when they see one. If you're thinking about resale before you even buy the car, you might want to start a dealership . IMO if you like the car that much and its within your price range just buy it and drive; the smile on your face from the joy of driving that car over the next few years will far outweigh everything else