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Thread: Porsche ownership

  1. #1

    Porsche ownership

    Lately I have been looking more and more at second hand Porsches. Obviosly as a kid the 930 Turbo was the dream car nd as time passed still stayed a dream!

    In recent times Porche (and similar) have become more 'affordable'. For example this Cayman is less than Ä15k (hell my Evo would probably sell for that!)

    Having no experience of marque car ownership my question is: how affordable are they really? What are the things to look out for when considering a Prosche and what are teh pitfalls of this particular model?

    I have no idea how much it would be to run this thing but I bet it's probably cheaper than the Evo

  2. #2
    I'm on my 5th one... Have had a 944S2, boxster, boxster S, 911 and Panamera

    Ownership is a lot less than you would think... Until things go wrong....

    The only one I even had a problem with was the 911 that grenaded it's engine at 55k miles... Nothing that 13.5k for a subsidized replacement engine couldn't fix.. but I drove it everyday for 8 years....

    All joking aside, parts are readily available and a good specialist is a fraction of main dealer servicing...

    IMS bearing and bore scoring issues are real things - you need to realize both of those are fatal for the engine and a rebuild could be more than the value of the car....

    Oh - and after running 2 X5's between the 911 and the panamera I can tell you the BMWs were more expensive to maintain, less reliable and generally a more expensive ownership experience...

    in short, looked after well they are very low maintenance but like every marque there are a few scary skeletons in the closet.

    Sent from my Pixel 3 using Tapatalk
    Last edited by alan996; 15-11-2019 at 08:36 PM.

  3. #3
    You forgot to tell Jim a critical piece of information Alan but there's a clue in the first line of your post "I'm on my 5th one..."

    Porsche ownership is deeply addictive!

    +1 for everything Alan said.

    Rewarding and amazing cars, do your homework before buying, and do not purchase without getting a pre-purchase inspection from one of the recommended indies - then drive and enjoy.

    --- some previous cars: Porsche 911, Porsche Boxster, MG-F, Austin Mini, Suzuki Escudo, GTM Libra, Honda Integra, Honda Civic, Renault 5.

  4. #4
    I've owned a 2004 996 Carrera and now have a 986 2.7 Boxster and a 2011 997 Carrera. I averaged about 24-26 MPG in the 996 doing the mundane, driving to work and spins with the Porsche club. I've driven Cork to Dublin in the 997 keeping to the speed limits and averaged 35 MPG. (I've had cruise control fitted during the last service as I find the car wants to keep going way past the speed limit on a long motorway journey and you'd get into trouble with the law very easily.) In the 997 the MPG is better than the 996, I'm averaging about 28 MPG most of the time. By comparison the E36 M3 I had was around the 22-24 MPG.

    Obviously as Alan pointed out there is the famous IMS and bore scoring issues to frighten you. I had an IMS Guardian installed on my 996 when I had it. It wouldn't prevent it going but it basically set off an alarm if any metal fragments stuck to the magnetic sump plug on the guardian, so hopefully stop the engine before the bearing implodes and destroys it. Also on every oil change we inspected the filter we took out for metal particles. Many say if you're getting the clutch done then is a good time to get the bearing changed. There are after market upgraded ceramic bearings and some oil fed type ones now too. Hartech in the UK is the best place for knowledge on all things IMS, there are plenty of posts on Pistonheads forum where the main man of Hartech has chimed in with advice. Would be worth looking them up on there. Having said all that I never had an issue with mine and I only know of one guy here that had his IMS cause an engine rebuild recently.

    Fuel economy wise and insurance wise they are surprisingly better than you'd think. I'm insured with Chubb through a broker. I have a better policy and it was cheaper than what Axa were quoting.

    Last edited by JohnMc; 15-11-2019 at 09:57 PM.

  5. #5
    I had that generation of Cayman for about two years, albeit the S variant. Did a good few miles, including a few trackways, and tyres were still 50%+ and brakes 80%+. So on consumables it's fairly easy. It's a light car remember, and well balanced. Insurance was fine - think 700 maybe. Tax was the real pain, but the 2.7 should be a bit easier to stomach.

    However, as pointed out, when things go wrong, they can be expensive, especially if you go down the main dealer route. I had warranty on mine and still, every time I went in with a small issue it was 1500+. And I was in a few times. So definitely use one of the great independent Porsche guys around for any work. Great car; favourite of all the cars I've had. Absolute bargain at 14k - there isn't even anything in that same class that I can think of.

  6. #6
    Porsche dealer here is a right PITA. Your looked down on if you dare let anybody else work on your car. I had the audacity to show up one time with a non porsche battery installed and I was almost afraid I would be told to get out by their reaction.

    My car was a 2005 997 Carerra S. It was expensive to maintain but then my approach was money no object. Whatever it needed it got and whoever has it now hopefully is enjoying all the expensive work I put into it.

    One of the main reasons I sold it (apart from greedy tax men) was that you had to be doing illegal speeds to get it to do its thing. At legal speeds the car felt rather ordinary and uninspiring.

  7. #7
    I too have never had a Porsche but would like try one at least once.

    I keep finding myself looking at Cayman R's and 981 Boxsters for some reason which seem to be slightly coming down in price but maybe that's due to it being winter time now.

    Whats the difference between a Porsche battery and a regular car battery?
    Are they that snobbish about such little things....

    I've read about dealers in the UK being just completely up themselves and having their preferred customers which by the sound of it you have to buy a truck load of cars just to get dealt with in a normal way.
    Maybe that's just a high end car companies way of doing things?

  8. #8
    The best Porsche I’ve driven is the 997 911. Miles better than what came after and quite a bit better than the Boxster/Cayman of that time ie 987. It’s one of those cars everyone should own at least once.

    997.1 (which you would realistically end up with) is chocolate engine stuff and as mentioned above is a real thing. 997.2 doesn’t have the problem. Everyone wants the C2S manual and for a good reason. A very nice engine. You will see a lot of tiptronics which are crap and pretty much unsaleable. The 997.2 has a PDK box so all good if you prefer an auto.

    You can buy a warranty from Porsche but you then need to go through the OPC health check (no doubt a good idea regardless) and I think keep it serviced with them. I never bothered with this.

    I never spent a whole lot on the Porsche’s I’ve owned and the depreciation is glacial as well so probably some of the cheaper cars I’ve owned looking at total ownership cost. I’ve generally found that they have been well looked after by previous owners also but no guarantees there of course and I’m sure at the cheaper end of Boxsters and Caymans you will be less lucky.

    I’ve thought of going back to Porsche ownership many a time but having driven many of the newer ones, they leave me stone cold.Their priorities have clearly changed. I don’t even bother renting them anymore. I haven’t driven a GT product so maybe they are still great. A GT4 would be a pretty much rock solid buy with very low depreciation but obviously takes quite a lot of wedge to buy in the first place particularly with our fabulous taxes.
    I'm with the resistance

  9. #9
    I just saw that a few 3.4S variants just popped up in DD in the 14-17k range. Be very hard to pick the 2.7 over the 3.4 with so little in the difference. The 3.4 is a great engine to drive and listen to.

    Interestingly, I sold my 2006 S about 4-5 years ago mid-recession for 17.5k. It was low miles and Grade 4 condition. So youíre not going to lose your shirt on one either after a few years ownership at those prices. Itís Ireland though, so you will just have wait a while for the right buyer. That might be another thing to consider as part of the ownership experience. They are not the most liquid car in the Irish market.

  10. #10
    timely thread for me. The urge to get a 911 has been growing for me, after many years of having little or no interest. Choice in Ireland seems very poor if it's a manual you're after. Was going to go and look at one recently but it sold before I got to see (dragged my feet for ages). Of course I should have bought one a few years back when they were cheap

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