In my budget, <$70k, I am seeing mostly 2007 cars with 35,000+ miles, most in the low 40k range.

My concern with buying a car with that many miles is that I simply won't drive the damn thing because I am going to be concerned about what a 60,000 mile 911 Turbo is going for at time of trade in a year or two down the road.

Are these cars simply to be bought and not driven? Or just buy and own for long periods of time, resale value be damned?

I've never kept a car longer than 2 years, but I DRIVE them.

 

pick up a higher mileage turbo if you plan on driving it, it will depreciate less. a $70k 35k mile turbo that racks up a ton of miles in two years will lose more value (percentage wise) than a $60k 65k mile turbo that racks up miles over the same period.

my 996 had 80 something thousand miles when i sold it and it still drives strong.
i bought my 997 with 56k last april,and im at 75k miles now. i dont plan on getting rid of my 997. i think it will be what the 993 is.
these cars really are bulletproof and can absolutely last for several hundred thousand miles (especially stock cars).

 

I bought mine with 60k miles on it and it has a CPO. It is nice to have that piece of mind. That is the way to go. I ended up spending a few thousand more than what I wanted to but the CPO is worth it.

 

You drove 20k miles in a year. That's awesome! Someone is really enjoying a beautiful car.

 

There is really nothing on a 60k mile 997 that wouldn't potentially be a problem on a 35k 997. I would have no problem with higher miles. These cars were built to be driven, and driven hard. If the car is clean and appears well maintained, the mileage is somewhat of a moot point.

 

buy my car: rnporsche.com

 

a 2007 with 35K miles - since when is 5K miles a year a lot? everyone is different when it comes down to this. Personally, i've never bought a used car so can't really relate. What i can say is that if i'm worried about depreciation, or putting too many miles on it that tells me that maybe i can't afford the car.

my '07 was NOT my daily drive but i drove it a lot. it was also maintained to a fanatical level, both inside and out. When i sold it after 4 years i think it had 67,000 miles on it.

These cars are not collectors items or limited run cars. they are mass produced cars that will lose value. simple as that. never understood buying a car like this and putting 3-4K miles a year on it. I think time is the bigger enemy than miles.

 

My '07 has 65K miles...bought it new, now can't trade for a '14 because of the crappy auto-trans. Keep my EasyCare extended warranty just to keep dealers honest. On non-warranty work, prices are 10-20% above list on parts and very high on labor, but with my warranty, warranty folks stop all that overpricing making the $3.5-4K/3yrs worth the extra cost not getting ripped off at the dealer.
These turbos really lose value fast with mileage, but as long as I keep it, nothing is lost and I still have my 6speed and EP1. Nothing can rationalize the huge amounts of cash lost driving these cars new out of the showroom.

 

Porsches are meant to be driven and high mileage examples are generally more reliable than low mileage ones. I wouldn't buy a Porsche that was only driven a few thousand miles per year unless it was only a couple of years old. Past that and things tend to start going wrong from the car sitting too much. So don't worry about the mileage and just pay attention to the condition and price. The clutch is the only thing that might worry me, but there's no guarantee it wasn't driven by somebody who didn't know how to drive a manual and beat the clutch to crap so it'll only last 10k miles versus somebody like me that gets 100k+ miles out of every clutch I've ever had. Unless the clutch is already slipping, there's no way to tell its condition, so they're just a roll of the dice.

 

There is plenty of hi-milage cars in germany, some of them have driven more than 125k miles. In German reliability(ADAC) tests, 911 are always on top3. If you find well maintanced car, 100k miles isn't a problem.
http://suchen.mobile.de/auto/porsche...owerAsArray=KW

 

Sounds like you want your cake and want to eat it as well...if you buy the car and park it, you won't enjoy it but it may sell for slightly higher but if you buy the car and drive it, you will likely have a lower re-sale value. My take is that an '07 TT is already a 7yr old car and the depreciation curve is likely already beginning to flatten out at this point. Basically a slower RATE of depreciation (i.e., change in re-sale value for each additional mile added).

By the time you are looking to sell the car in 2+ yrs, the incremental depreciation you would realize from say 8K-10K extra miles would probably be marginal (i.e., in 2016/2017, the difference in price on a 07 TT with 55K miles vs. the exact same car with 65K would likely be a couple thousand $$)..to me, that equates to the price of ENJOYMENT you've had over the 2+ yrs of ownership!!

I say buy the car, drive it and don't look back!

 

If this is indeed the range of dollars we are talking about then I agree that is no big deal. I was worried about it being a much larger resale value hit than that.

 

im with steve on this. The prices on 997tt has not moved much in the past 4 years.

 

The 2007 997.1s are at or approaching the bottom of the depreciation curve.
The 200k 991tts, last mezger, etc all have a lot to do with it. The 996tt market is also starting to tick up for certain cars.
C

 

I've heard this too and I have an easycare... but when I took it in for repairs the dealer just charged me the $200 in BS labor that easycare didn't cover