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Message: Really depends on your preferences - money vs. a newer car

Changed By: Red_Lightnin!
Change Date: December 17, 2010 09:22AM

Really depends on your preferences - money vs. a newer car
First, I will reiterate what everyone else on the Board has said - $19K for an '02 S is high. There is a 2000 with 46K miles for sale on this Board right now with the owner asking $16,000. So you can probably get the 986 S that you want for $15 - $17K. That being said, $28K for a 987 S is actually a pretty decent price. I would put in the following calculus:

1) Performance - in terms of power, acceleration, handling, the 987S is an all-around better car than the 986 (and before people get offending, I drive a 986 and have driven both at the limit - the 987 is just newer and more updated)

2) What you use the car for - However, even though the 987 is a better performer, for street driving it makes no difference. If you are going to take the car to the track and drive it at 8/10ths, then the extra power and handling of the 987 is worth it, but on the street I run away from 987 in my 2.5L 986 all the time, so unless you are going to the track the extra performance won't really matter
1) Performance - in terms of power, acceleration, handling, the 987S is an all-around better car than the 986 (and before people get offended, I drive a 986 and have driven both at the limit - the 987 is just newer and more updated)

2) What you use the car for - However, even though the 987 is a better performer, for street driving it makes no difference. If you are going to take the car to the track and drive it at 8/10ths, then the extra power and handling of the 987 is worth it, but on the street I run away from 987s in my 2.5L 986 all the time, so unless you are going to the track the extra performance won't really matter

3) Styling - this is a matter of personal preference. I prefer the 986 styling because it is more spartan and looks like a 1950s Sporstcar. The 987 has been updated and looks much more modern - I think the front end looks a lot like the Ferrari F430 - and is a very beautiful car as well, but is too "large" for my preferences. Totally a matter of personal preference.

4) Mileage - given my reading of various IMS posts (and bear in mind, IMS failures are much rarer than reading board posts would lead you to believe - probably below 1%) the common factor seems to be that they are older, lower mileage cars that are out of warranty. Don't buy a car that has been abused, but make sure it has been used enough for any warranty issues to pop up in the warranty period.

5) Depreciation - If you look at P-Cars, they don't depreciate to $0 like normal cars. Each car seems to hit a depreciation "base" and it doesn't go below that. For example, a clean NA 944 from the 80s will still sell for $4 - $7K, while a clean 944 Turbo will sell for $9 - $12K. I think the base 986s seem to be settling in the $8 - $10K range for a clean car, and the 986 S will probably settle in the $13 - $15K range. The 987 S, once it is older will probably settle in a little higher than that (maybe $14 - $17K) since it is widely considered to be a better car. So, assuming you don't put a ridiculous amount of miles on a 986 S or abuse the car, if you get it for around $16K, you can probably sell it in three years for only $2 - 3K less than you paid for it. I suspect the depreciation on the 987 will be higher over the next 2-3 years as more used ones come on the market and the car gets older. If you factor this in, the effective price differential between the cars is at least $15K, probably more.

So, I guess I would
1) Styling - do you have a preference?
2) How important are the limits of performance and handling to you?
3) I think the 987 is widely held to be a better car than the 986 (not trolling here, just sharing conventional wisdom) but is the difference worth $15K to you?
Changed By: Red_Lightnin!
Change Date: December 17, 2010 09:20AM

Really depends on your preferences - money vs. a newer car
First, I will reiterate what everyone else on the Board has said - $19K for an '02 S is high. There is a 2000 with 46K miles for sale on this Board right now with the owner asking $16,000. So you can probably get the 986 S that you want for $15 - $17K. That being said, $28K for a 987 S is actually a pretty decent price. I would put in the following calculus:

1) Performance - in terms of power, acceleration, handling, the 987S is an all-around better car than the 986 (and before people get offending, I drive a 986 and have driven both at the limit - the 987 is just newer and more updated)

2) What you use the car for - However, even though the 987 is a better performer, for street driving it makes no difference. If you are going to take the car to the track and drive it at 8/10ths, then the extra power and handling of the 987 is worth it, but on the street I run away from 987 in my 2.5L 986 all the time, so unless you are going to the track the extra performance won't really matter

3) Styling - this is a matter of personal preference. I prefer the 986 styling because it is more spartan and looks like a 1950s Sporstcar. The 987 has been updated and looks much more modern - I think the front end looks a lot like the Ferrari F430 - and is a very beautiful car as well, but is too "large" for my preferences. Totally a matter of personal preference.

4) Mileage - given my reading of various IMS posts (and bear in mind, IMS failures are much rarer than reading board posts would lead you to believe - probably below 1%) the common factor seems to be that they are older, lower mileage cars that are out of warranty. Don't buy a car that has been abused, but make sure it has been used enough for any warranty issues to pop up in the warranty period.

5) Depreciation - If you look at P-Cars, they don't depreciate to $0 like normal cars. Each car seems to hit a depreciation "base" and it doesn't go below that. For example, a clean NA 944 from the 80s will still sell for $4 - $7K, while a clean 944 Turbo will sell for $9 - $12K. I think the base 986s seem to be settling in the $8 - $10K range for a clean car, and the 986 S will probably settle in the $13 - $15K range. The 987 S, once it is older will probably settle in a little higher than that (maybe $14 - $17K) since it is widely considered to be a better car. So, assuming you don't put a ridiculous amount of miles on a 986 S or abuse the car, if you get it for around $16K, you can probably sell it in three years for only $2 - 3K less than you paid for it. I suspect the depreciation on the 987 will be higher over the next 2-3 years as more used ones come on the market and the car gets older. If you factor this in, the effective price differential between the cars is at least $15K, probably more.

So, I guess I would
1) Styling - do you have a preference?
2) How important are the limits of performance and handling to you?
3) I think the 987 is widely held to be a better car than the 986 (not trolling here, just sharing conventional wisdom) but is the difference worth $15K to you?

Original Message

Author: Red_Lightnin!
Date: December 17, 2010 09:19AM

Really depends on your preferences - money vs. a newer car
First, I will reiterate what everyone else on the Board has said - $19K for an '02 S is high. There is a 2000 with 46K miles for sale on this Board right now with the owner asking $16,000. So you can probably get the 986 S that you want for $15 - $17K. That being aid, $28K for a 987 S is actually a pretty decent price. I would put in the following calculus:

1) Performance - in terms of power, acceleration, handling, the 987S is an all-around better car than the 986 (and before people get offending, I drive a 986 and have driven both at the limit - the 987 is just newer and more updated)

2) What you use the car for - However, even though the 987 is a better performer, for street driving it makes no difference. If you are going to take the car to the track and drive it at 8/10ths, then the extra power and handling of the 987 is worth it, but on the street I run away from 987 in my 2.5L 986 all the time, so unless you are going to the track the extra performance won't really matter

3) Styling - this is a matter of personal preference. I prefer the 986 styling because it is more spartan and looks like a 1950s Sporstcar. The 987 has been updated and looks much more modern - I think the front end looks a lot like the Ferrari F430 - and is a very beautiful car as well, but is too "large" for my preferences. Totally a matter of personal preference.

4) Mileage - given my reading of various IMS posts (and bear in mind, IMS failures are much rarer than reading board posts would lead you to believe - probably below 1%) the common factor seems to be that they are older, lower mileage cars that are out of warranty. Don't buy a car that has been abused, but make sure it has been used enough for any warranty issues to pop up in the warranty period.

5) Depreciation - If you look at P-Cars, they don't depreciate to $0 like normal cars. Each car seems to hit a depreciation "base" and it doesn't go below that. For example, a clean NA 944 from the 80s will still sell for $4 - $7K, while a clean 944 Turbo will sell for $9 - $12K. I think the base 986s seem to be settling in the $8 - $10K range for a clean car, and the 986 S will probably settle in the $13 - $15K range. The 987 S, once it is older will probably settle in a little higher than that (maybe $14 - $17K) since it is widely considered to be a better car. So, assuming you don't put a ridiculous amount of miles on a 986 S or abuse the car, if you get it for around $16K, you can probably sell it in three years for only $2 - 3K less than you paid for it. I suspect the depreciation on the 987 will be higher over the next 2-3 years as more used ones come on the market and the car gets older. If you factor this in, the effective price differential between the cars is at least $15K, probably more.

So, I guess I would
1) Styling - do you have a preference?
2) How important are the limits of performance and handling to you?
3) I think the 987 is widely held to be a better car than the 986 (not trolling here, just sharing conventional wisdom) but is the difference worth $15K to you?