Porsche 996 Turbo - Any buying tips and what do people know about these?

jamoor · 25 Jan 2007 at 02:50

Jonny ///M said:
Hardly the best idea now is it? House prices have stopped rising as much as they used to. Buy it,rent it and let them pay the mortgage......but your probably not gonna make much back on such a long term investment.

Houses are for living in not for making money on.

Riight,
Do you think its better to shove 30k into a bank account or 30k into a downpayment on a small 3 bed terrace which you can let out and hopefully cover the mortgage with the rent?

Which will make your net worth increase the most within a year?

willd58 · 25 Jan 2007 at 03:10

Jonny ///M said:
Hardly the best idea now is it? House prices have stopped rising as much as they used to. Buy it,rent it and let them pay the mortgage......but your probably not gonna make much back on such a long term investment.

Houses are for living in not for making money on.

Are you kidding?
Once you've paid off the house, which is like having a big pile of money, you then gain the rent on top of it every month, so for keeping 120k in a house, you can get 10k+ a year on top, guaranteed if its decent property.

Jonny ///M · 25 Jan 2007 at 03:14

willd58 said:
Are you kidding?
Once you've paid off the house, which is like having a big pile of money, you then gain the rent on top of it every month, so for keeping 120k in a house, you can get 10k+ a year on top, guaranteed if its decent property.

I guess in that sense you can use it as income...but its a bit of a PITA if you just wanna stick it in the bank rather than put up with possible non payments,the inital cost of furnishing/doing up the house etc.

AFAIK my brothers dad has bought two flats here and has a flat in aberdeen,he rents out the two flats and uses that as an income/mortgage payment.

rayb74 · 25 Jan 2007 at 07:36

Matmulder said:
With all due respect, you may be better off asking these questions on Pistonheads, or EVO forum...I can't imagine there's many people on here who can offer an owners opinion (which is the only opinion that would matter)

Oh and edit.... 993T > 996T. Perfect example shown in the picture above....!

Piston Heads will suit you more.

TomO · 25 Jan 2007 at 08:22

Jonny ///M said:
Hardly the best idea now is it? House prices have stopped rising as much as they used to. Buy it,rent it and let them pay the mortgage......but your probably not gonna make much back on such a long term investment.

Houses are for living in not for making money on.

or not...

a simplfied example for you.

let say you get a 90% mortgage on a place and that the rent covers the mortgage. this means you have only put 10% of you own money in. house prices increas by 10% in the year (as they did in 2006). your house is now worth 110% of the original value. considering you only had 10% in the house you have just doubled your money in one year.

Tomsk · 25 Jan 2007 at 08:57

Isn't a Tiptronic box just a regular auto box (with power sapping torque convertor) that allow manual control of gear selection?

dirtydog · 25 Jan 2007 at 09:05

Gibbo said:
Hi there

Yup do live at home, but my monthly outgoings are minimal so a mortgage I could afford and still keep the Mustang and BMW whilst having a nice house. Just for the moment I don't really get that urge to get my own pad and at times I am not at home so much. Plus living at home has huge benefits and it means I save a lot more money and quicker.

:/

cymatty · 25 Jan 2007 at 10:28

Gibbo said:
Only downsides at the moments I can think of are possibly running cost as in servicing as I am sure Porsche are not cheap. My other worry is turbo lag!

My dad has a 996 carrera 2, service costs on his he says are the same as his BMW 330ci, obviously the turbo model will be more. Tyres are around £200 each and a new set of pads all round cost him £250 inc fitting. Now parts like the clutch or gearbox I should imagine are eye wateringly expensive however routine maintance will be similar to a M3 or M5.

lordrobs · 25 Jan 2007 at 10:38

Gibbo said:
Plus living at home has huge benefits

Damn right it does. I was shocked when I found out that the washing fairy was infact my mum :eek:

and that the oven didn't just magically create food :eek:

and thats just the tip of the iceberg

Gibbo · 25 Jan 2007 at 10:40

cymatty said:
My dad has a 996 carrera 2, service costs on his he says are the same as his BMW 330ci, obviously the turbo model will be more. Tyres are around £200 each and a new set of pads all round cost him £250 inc fitting. Now parts like the clutch or gearbox I should imagine are eye wateringly expensive however routine maintance will be similar to a M3 or M5.

Hi there

Thanks m8, sounds great. The Mustang tyres are £250 per corner and thats trade. Servicing cost seem very good then in that case, anybody know what the service interval is on the Turbo? When it comes it stuff like pads that something I can get a lot cheaper. I've heard the gearbox and clutch on the manuak cars can be a problem, hence why I am thinking tiptronic version for better reliability.

Serj · 25 Jan 2007 at 10:41

Jonny ///M said:
Hardly the best idea now is it? House prices have stopped rising as much as they used to.

False.

Houses are for living in not for making money on.

lol

Giddy · 25 Jan 2007 at 11:01

Whilst it didn't affect many cars there was the RMS issue that if not and dealt with in time could require a replacement engine. Not sure if it was an issue on the tiptronic you would need to read up further. Other than that, superb cars with supercar performance yet usable on an everyday basis.

Vanilla · 25 Jan 2007 at 11:33

lordrobs said:
Damn right it does. I was shocked when I found out that the washing fairy was infact my mum and that the oven didn't just magically create food and thats just the tip of the iceberg

????????

IT Insider · 25 Jan 2007 at 11:36

Morning Gibbo mate,

996 Turbo's are dropping really fast, but all 911 turbos seem to until they get to a point then they just flatten out.

From what I know of the 996, the clutch is fairly strong and the breaks (depending on many times you track it) can last about the same as say something like a 5 series.

There are so many Porkie specialists over the country and one of the best places to find these is http://www.911uk.com/ which many of the specialists use to advertise. The forum is pretty active as well so great place to ask all the more technical questions to people who live with these cars..

Still think the Challenger will turn more heads though mate......But if somebody offered me a 3.6 Turbo 964 I'd turn down an Aston for one of those!

Chabsy · 25 Jan 2007 at 11:44

I followed 1 the other day damn they are wide, you'd struggle to get through a 7' but a 6'6" would mean a trip to the bodyshop

flat-6 · 25 Jan 2007 at 11:51

Giddy said:
Whilst it didn't affect many cars there was the RMS issue that if not and dealt with in time could require a replacement engine. Not sure if it was an issue on the tiptronic you would need to read up further. Other than that, superb cars with supercar performance yet usable on an everyday basis.

IIRC turbos are unaffected by the RMS issues as the block is an evolution of the engine originally used in the GT1 (also used in the GT3) and share little with the 3.4 and later 3.6 of the 996 Carreras.

Giddy · 25 Jan 2007 at 12:00

flat-6 said:
IIRC turbos are unaffected by the RMS issues as the block is an evolution of the engine originally used in the GT1 (also used in the GT3) and share little with the 3.4 and later 3.6 of the 996 Carreras.

I wasn't 100% sure whether it affected the turbos, but thought I should raise it just incase. Just had a quick read round and it seems the problem also affects the 997s, I thought it had been resolved with the later 996s, obviously not.

jamoor · 25 Jan 2007 at 12:03

Gibbo said:
Hi there

Thanks m8, sounds great. The Mustang tyres are £250 per corner and thats trade. Servicing cost seem very good then in that case, anybody know what the service interval is on the Turbo? When it comes it stuff like pads that something I can get a lot cheaper. I've heard the gearbox and clutch on the manuak cars can be a problem, hence why I am thinking tiptronic version for better reliability.

£250 for a tyre?
What size are they, as thats ridiculous, I wonder how much they are at costco.

SDK^ · 25 Jan 2007 at 12:47

jamoor said:
£250 for a tyre?
What size are they, as thats ridiculous, I wonder how much they are at costco.

Wide tyres with a large diameter and a low profile are expensive. You either take the hit or don't buy the car - simple

tom_nieto · 25 Jan 2007 at 13:01

I would absolutely love a 996 Turbo Cabrio. They look stunning, and who wouldn't want that acceleration coupled with no roof! I hope they make a 997 Turbo cab too.

Good luck with your search, they're beautiful cars.