Quote:
Originally Posted by tomonomics
^^^^ Dude, you are all over the map with your suggestions.
Quote:
"The best option for an out of warranty Porsche is low mileage....Don't tip the scales in favor of one car over another because of options, #1 priority should be mileage..."
"...first 65-70K miles of ownership of my car: $500 in repairs, TOTAL.
Mileage after 70K miles up to the present 97K: $15K in repairs"
So you're all hot and heavy over a $25k 997 with 120k miles? Based on your own math, that works out to a $55,000 car with repairs in the next two years.
I agree with you, and hope that the 997 will be a great bargain in the next five years, but jeez it's tough to follow your posts from one thread to the next.
I love this site, but damn I wish the weather would improve so I could drive more and read less.
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you're absolutely correct there. Cost of entry falls very low because of 1) excess supply and 2) the seller's desire to get out of before "the big wave" expensive high mileage repairs.
For most cars (but not all) there's no escaping deferred or impending maintenance/repairs. As they say you can pay now, you can pay later but you WILL pay.
And I do not think it will take five years for a 997 to become a bargain (in the cost of entry sense) because they already are. For instance, a 997.1 that has lived out most of its life in Southern California where the climate is mild year round or a Northeast Sunday driver that only made out of the garage two seasons a year. These cars can laugh at 120K miles while reducing "the big wave" to water pump, oil changes and maybe some new rear tires. As it happens, mild climate zip codes tend to be in desirable zip codes where the supply of 997's are higher than average. There's always someone selling their lightly used car below market and these cars go quickly obviously....that $25K 997 with 120K miles is
already sold and tomorrow there will be
another. Then on the other hand you have the rest of the model fleet driven on tough roads in extremes of heat and cold. For these there's no avoiding major maintenance repairs that tack on significant amounts to the cost of entry depressed by excess supply. Pick your Porsche wisely but its a buyer's market for the foreseeable future.