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997s options Vs resale value

fatalbert

New member
Am about to swop my 996C2 for 997S. In the past have always bought 2nd hand to avoid big initial depreciation. However I am now considering ordering from new as most 2nd hand cars on the market are massively overspecc'ed/overpriced for what I want. I don't need SATNAV/PDC/Sports chrono etc but am just wondering if I spec a car from new and it doesn't have all the toys will it really hurt residuals or is it just salesman ploy?
 
Short answer, no it won't effect resale.

If you search around, you'll find a whole wealth of contradicting information. Isn't tinternet great!!

Some people will tell you that if you don't have sports chrono, you won't shift it at resale; others will say if you have sports chrono, it will mean the car is more likely to have been abused and again you won't shift it at resale.

Some people will tell you that you must get it in a sensible colour or you won't resell it; others will say that a unique colour combo will put you in a stronger position when you sell.

Others will tell you that you must go fully loaded - get satnav, the telephone module, the bose system. Others will point out that if you have a fully loaded 997, that'll cost similar to a less loaded 997 turbo (when out). You get the gist?

All a cock of the proverbial in my opinion. End of the day, options are there for the manufacturers to bleed more money out of us. If they are really neccessary, then they'd be included in the standard spec.

I think experience will tell you that any additional option will have little to no additional resale value when you come to trade.

Get what you want because you want it, not cause you're concerned about selling it. If financials are you're main concern then, as you are already aware, don't buy new - let some other person take the initial hit.
 
Couldn't agree more with Ronnie.

If you ask about trade in value at an OPC, they'll disappear off to another room, glance at the Glass Guide and come back with a price, then maybe make a small adjustment based on the spec.

When you later see your car on the forecourt, the options will then suddenly become imperative and reflected in the price accordingly.

Just my experience, albeit with a 996.
 
My experience currently would suggest that your typical OPC would be marking up by about £10k. Options are important as whenever you come to sell the beast buyers will expect a certain peace of kit, Sat Nav being one of them. You may not get more for the car, but it will easier to sell against all those that have it.

If you are interested I'm selling mine, and your right the big hit is mine (but not let's talk about it, it makes me cry)[:mad:]
 
ORIGINAL: fatalbert

I don't need SATNAV/PDC/Sports chrono etc but am just wondering if I spec a car from new and it doesn't have all the toys will it really hurt residuals or is it just salesman ploy?

[&o] I have a 987"S" and its a nice low spec car because like you I didn't desire the options you have listed.

A good used OPC car buyer once told me as long as a car has a few expected options the depreciation will always be far less on the lower spec cars come resale time. My car has Metallic Paint, Wind Deflector, Full Leather + Sports Seats, Speaker Upgrade, Climate Upgrade, Sports S/Wheel, basically about £4k's worth of extra kit which according to the used car buyer I should get most my money back on, but these were also all the options I wanted for my own pleasure. 19" wheels, sports chrono, sat nav, are all expensive extras and you only get a relatively small % back when selling. So a bit of self control can save you £1000's both on the way in and out of the deal [;)]
 

Unfortunately, depreciation is an unavoidable aspect of prestige car ownership.

However, to start with, why not go for the 997 instead of the 'S'. Autocar have resolutely insisted that the standard 997 is a nicer car (with or without PCCBs). They most recently repeated this view in last week's issue.

Thereafter, a few choice options, to suit your needs, might be worth considering. Personally, I would recommend sat nav as I use it a lot and, for many people, an integrated system is becoming a 'must have' option on any prestige road car - even a 911.
 
because we are mugs / mere men, we therefore want the more expensive one. The range is speced so that by the time you add on the xeon lights and other bits and bobs, you end up thinking, ah I might as well spend a little bit more and get the S with the better braking system and the bigger engine (cause that extra c.half a sec is very important).

that didn't happen with me of course...
whistle.gif
 
Watch out for my PP article on Sport Chrono, then decide. As for other options, choose the right colour, though some colours are not liked (white) & I'm not sure if you will recoup money spent on colours such a Cobalt or GT Silver. PASM is a must, 19" wheels are great with PASM, heated seats are great & cheap, but are one of the many things that will not give you a return. Don't bother with ceramic brakes. Sat nav/telephone is a must. Park Assist may save you repair bills! Finally, I strongly disagree that a 997 is a good buy instead of a 997S. A 997S is cheaper!!!!
 
My car had £000's options fitted to it when new, like aircon, 17" wheels etc - things that you'd expect on a more modern alternative now. As for the 997, how long would you keep it - get what you need / want? SatNav etc why not get a personal system & take it from car 2 car? I'd take a black 997 C2 - the basic car - maybe stretching to polar silver - but then coming from a 993 I'm hardly used to luxuries.......
 
Get the car you want, typically the lower the spec the lower the absolute financial depreciation. You can get a basic 997, £57123, if instead you go for an S and you add a few choice extras such as metallic, electric seats sat nav, phone, odd bit of leather here and there you get a price of £83234, difference of over £23,000, when you come to trade then you will not get £23,000 extra for the vehicle at 3yrs....and anyone who says you will is delusional...
Buy the Porsche you want, rather than specking it for the next owner....
 
Firstly, it depends how long you want to keep the car for ... if for a few years, then by all means spec it generally to what you want but try to be reasonable as well. The main consideration is that you obviously want to attract as many buyers as possible when you come to sell it ... so I think very personal items like wood trimming etc may not appeal to everybody especially those looking for a sporty car. Colour is important as many don't want to stand out in the crowd too much ... so I would personally stick to the greys/blacks and generally darker colours. In terms of options, I think sat nav is a must only because I have gotten so used to using one but if you are going for the very sporty set up ie. pasm, sports seats etc, then you might only want to spec the car for driving. But a little luxury doesn't hurt and there are alot of people who want to buy a sporty car with some luxury so I would go for sat nav. On the flip side, if you don't go for any options, your car when you come to advertise it, will be the cheapest one in the papers!
 

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