Why is this beautiful £14K Porsche 997 S so cheap? + fab MAN MATHS!
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- เผยแพร่เมื่อ 30 ก.ย. 2024
- My friend Stan bought this very smart Porsche 997 S a week ago.. he bough it for the startlingly cheap price of £14K. Using the very best examples of man maths I show you that it would cost you less to own for one year than a new economy hatchback.
Funny I was looking at this model this week. But haven't seen any less than 22k. Where are these 14k porsche 911s
Agreed, 14k? I don't think so.
I fear that your boundless optimism and emotions are affecting your maths and risk assessment unfortunately ... Given the nature of the marketplace, if such exotic cars could make so much financial sense, then the market prices would go up too ...
... and in my experience, if you were the lucky one to find an exception as a daily driver, some plonker would crash into you and the Insurance company refuse to pay for repairs !
However, nothing wrong with enthusiastic optimism that brings some cheer and interesting videos of what might be possible ...
My advice when buying older sports cars, find an insurer that will give you an agreed value policy.
@@ferraridav Porsche Club GB offer agreed value policies
@@ferraridav Might those sort of policies be somewhat more expensive given the nature of the risk to Insurers ... ?
@@Jester-Riddle it depends on the insurer, annual mileage, and your risk bracket. Contrary to popular belief, the largest cost to insurance companies, and in turn policy holders, is bodily injury expenses and wrongful death settlements. Property value doesn't really raise the cost as much as you'd think.
Stephen Ford...... TOTALLY agree as owning three 911’s! You gotta have deep pockets when things go wrong on a 15 year old car...... being flash costs cash 😆
Having 4 seats and being a 4 seater are completely different things 😀
Exactly. I have a "3 seater" jet ski. It fits 2 people.
Yeah I have a 1 series convertible with 4 seats but anyone over 5 9 will struggle
996 and 7s....beyond the IMS bearing issues early 997s like this car had the weaker 996 type external unit - I would change it regardless if there is no record of it in the history. Front struts and top mounts take a battering and normally need swapping out ,as do the front radiators and aircon condensers that weep along with the front coolant transfer pipes. The aircon pipe which runs along the drivers side floor to the can rust around the clips and leak gas - and and the coolant expansion bottle gets brittle and cracks with age. A set of decent tyres will set you over a grand too . Don't get me wrong I love 911s - but experience tells me that as a second car and a play thing - a 15 year old 997 makes sense - but as an everyday proposition a 15 year old 14k 997 would very quickly turn in to a 25k car once you've debugged it.
Absolutely.
Agreed. There's a reason its £14k
Dare I say "the myth of German reliability"? I don't think that German cars are any worse than most other car makers, but they certainly ride on a nostalgic reputation for Teutonic efficiency, and, in my family's experience, fall well short of certain Japanese manufacturers.
Great example of man maths...I’ve used this approach several times 😂
I am one of the zen masters at man maths!!
Like justifying the purchase to your wife...
Hey babe, watch this video... now look out at the driveway hahahaha
Did same myself - gave up my £700 a month Audi and bought an 08 Cayman S. Didn’t look back
Hahaha 😂 this is a video highlighting all the things you tell the wife to justify buying one. I love the way you highlight comparable running cost of a brand new car to the costs of a 16 year old car,but gloss over the costs of other things that you may need on a 16 year old car. What are the costs of just disks and pads all round? That would be an ouch bill. Definitely not going to get that on a branded new car. And even if you did, D's and p's on a fiesta would be a fraction of the price. This would be the same for so many other wearable parts. Exhaust, shocks, springs, tyre's, and I dread to think what a clutch would cost, especially if it's a flappy paddle semi-auto. Come on, it's 16 years old you need to account properly for all this when comparing it to a brand new car.
£462 for front and rear discs and pads, that isn't bad for a sports car, a lot of the service items you mention are not THAT expensive on the Porsche - of course its going to cost more than the average daily driven car, its got Porsche written on it - but if you do your due diligence, there is no reason why you cannot buy and run one of these without having to break the wallet. But, if you don't have some reserve cash for repair bills, usually its around 1-2K a year - then I agree with you - buy the Fiesta instead.
In 1992 from October, Cat’s had to be fitted to exhausts. Cats on older semi-exotic sports cars are an arm & a leg! On a 1993, 3.4 Ferrari Mondial a Cat is £2790 plus vat plus fitting.
Likewise any 1993 on Porsche, Ferrari, Aston Martin, Maserati etc needing a Cat will be the price of a holiday!
@@goofah10 1-2k a year is what you pay when used as a 2nd car that is only driven a sunny weekend day. For a daily driver you should reserve 3-5k a year. lol, man math for the win :D
@@bladieblaat23 I daily drive both my Porsches. 911 991.1 and 986 boxster. The boxster running costs per year is less than 1k now. And the 911, as it's pretty new has been nothing so far apart from normal servicing. So yeah... Before this I owned a Cayman S that was around the 1k rule and less. A lot of the work I DIY so that does help.
@@goofah10 DIY is awesome if you have the skills, tools and garage for it. When not buying all those tools and paying for the extra needed space one could work their regular job for the exact same amount of ours that are spend on DIY. DIY is not so much about saving money imo but about the fun and satisfaction of getting it done yourself. Everything concidered it would cost me a lot of money if I would start DIY'ing tomorrow...
This is misleading. The cost to run these is mad, I have had two and when things go wrong it’s always £300. Then every so often something bigger goes and it’s 1000+ the tyres etc.
Agree, misleading.... get a serious mechanical issue developing that a local garage can't fix and boy is that Approved Porsche Centre going to get its teeth into you...Thousands of pounds is going to be needed and probably be "THE COST" of that ford!!! The maths don't add up...
just had service and tyres for my Porsche 2 grand.
@@nickjones8867 Where you holding your ankles?
@@amg2rs236
People have had their engines completely burnout on big brands and they can cost a fortune to repair.
There is no guarantees on any car brand that major things cannot go wrong. .
@@bighands69 but we're comparing a 15 year old car to a brand new car with warranty.
I just sold one of these, your maths is not quite right there after running one for 4 years and this is from someone who owns their own engineering work shop so labour was free. When parts needs replacing it ain't fiesta money, and every morning you are concerned about the taps of death. I had a lengthy chat with Hartech before buying mind at 70k on the clock. They were very helpful but insinuated that bore scoring was inevitable at some point and 3.8 were most effected because of the bigger capacity. Advised to always have 10k ready for an engine rebuild with inflation that is now 15k. That dodgu gear change you felt is an easy fix mind. Plastic part under centre console
Well said
Yeah I think he was being a bit naive with his ideas of running costs. It could turn into a huge money pit. Bore scoring sounds frighteningly expensive. A set of discs, pad and tyres is going to cost a lot more than a similar aged complete fiesta is going cost. Still it looks good.
@@alexmorgan3435 it's funny when you see other youtubers buying "bargain" supercars such as R8s, Bentleys etc and they put them on a ramp, the state of these cars...most are proper money pits and one wouldn't know where to start from with repairs/servicing....there is no such thing as a bargain and well sorted sports car or supercar
Yeah, sounds like man maths at its best! 😂
As with all of these things, it’s not the buying but the running. At this price point, you either dodge the bullet or you get stung with things like engine rebuilds.
Precisely this - as a Cat S, that car is not cheap at £14k. Bore score is a wear issue and that particular engine is the most prone to it - bringing a £15k bill with it when it eventually happens.
Best way to keep operating costs down for this car, is to keep it in your garage and look at it every so often. Cheers.
A double click thumbs up!
Or get the spanner’s out yourself :-)
That totally defeats the purpose of owning such a car. It's not an investment, it's a toy. Enjoy it by using it.
It’s like saving your girlfriend for the next bloke.
4 seats Jack 🤔🤔 Maybe for your dog from last week mate 😂 Interesting review I really enjoyed it 👍
Allow to have the IMS bearing done if it hasnt been already.
The 997.1 has the M97 engine which is nearly identical to the M96. The M97 uses a larger single row bearing that is not replaceable without splitting the engine case. The good news is you should get at least 100k miles out of the bearing. Bore scoring in the 3.8 is fairly common, unfortunately.
It's the repairs that will cost. A new fiesta has a warranty. Just compare the cost of a new set of tyres with a Fiesta.
It’s a gamble, if there are no major issue engine gearbox wise then when you take into consideration depreciation you should come out on top. One big problem and you are up shit creek...
Plus you have to deal with people you thought are mates being weird if you buy a Porsche, I bought a 2012 cayman, people I thought were mates that I’d done cash work for at half the price to normal started saying stuff like ‘you said you doing that work cheap for me’ I could have turned up in a more expensive golf R or m4 and I doubt they would have said the same thing...
@@stu4181 sounds like you need new mates
@@dazgreen your real mates are just happy for you if you do alright in life. These were people I’ve met a bit later on in life, still I thought they were decent enough. Was a surprise when your out for a Christmas curry with them and comments are being made such as the above. Can’t see the issue with a mid thirties guy having a 2012 cayman myself but the green eyed monster is strong in some 🙄
@@stu4181 yeah they’ve got serious issues mate
@@stu4181 Yeah, people have funny ideas on spend and costs. My 996 costs about £300 per year for service plus the annual upgrade/ mod I do (about the same again) and I do about 7k miles pa (it's on 120k now..) but people still seem to think I must be minted to run it! I hide it away when getting quotes for building work now..
Excellent viewpoint and totally agree, having run a 996 in the past (issues resolved before I owned it) it’s a first-class daily and I’m looking to pick up one soon to use again as daily- driver.
Far more involved, rewarding and characterful to own than usual stuff in same price bracket (Audi yawn-mobiles et al).
Anyone who hasn’t owned/driven one, I’d recommend it! Buy a good ‘un and you won’t regret.
Bought a 996 in July as a daily and love it
I have owned a Porsche Boxster from 2001-4 & a 997 from 2004-16, both from new. Unless you are going to do the servicing yourself both OPC & reputable independents are not cheap. Remember that a "Full Porsche Service History" is essential if you are going to get good money come resale so unless you are running a leggy dog of a car you want to maintain a good reputable history file. Its when you need to replace parts that any comparison with Ford/Vauxhall prices fade into comparison. Example, the radiators/air con condensers are vulnerable to damage & cost £1300 to replace (2015 prices). Coolant & air conditioning pipework that are routed in the engine bay is a known failure issue & an engine out job. Tandem pump corrosion requiring replacement & due to the boxer engine, coil packs are over exposed to the environment causing cracking, engine misfire & requiring regular replacement. The 997.1 cars carry over the M96 engine from the 996: bore score is not a question of "If" but "when" it will happen because of the inherent design flaws of the unit as well as sudden failure of the intermediate shaft bearing resulting in immediate & catastrophic engine failure.
Anybody buying a secondhand 997 is not going to be thinking about resale price which makes no sense.
If have a budget of 20000 the exact money left over can be used for any service or repairs.
10% depreciation in the first year? Uh, no. First of all you’ve immediately lost 20% the second you drive it off the forecourt - VAT. A 16k Fiesta is worth nearer £11k after a year.
Equally no one pays anywhere near the list price for a new car these days.
I proposed this to my 20 year old son. His insurance quote for the 911 came back at £11,780 per year. I've told him to grow a pair and be more like me, a settled middle aged man who works from home with equity in his house and 15 years no claims with Admiral. What is the matter with these people, can't they see how much better a Porsche 911 is than a Ford Fiesta!
Fools the lot of them. don't make me get my calculator out again boy.
I never said this was aimed at 20 years olds with no driving history or experience. You on the other hand with your collection of Admiral no claims..
More Porsche stuff please, really enjoyed this 👍
Glad to hear it thanks!!
My wife bought herself a brand new 997 in October 2004 (54 reg) and it has been her daily drive ever since. Now done 95K miles and no thoughts of replacing it yet. Wonderful car to drive and I often think it must be nearly unique as there cannot be many early 1 owner early 997s about.
Awesome! What’s gone wrong to date with it?
Makes much more sense than a new kitchen too.
Hello buddy, i have a 911 996.
Cost me £25009.
Fucked engine cost me £10000
Sort rhe paint out ,£2500
Sort out service and suspansion £1700, othet costs £2500.
Not even got started about interior and the other issues and fixes.
Your friend got the bargain of the centuary obviously.
Real world. Hello, check mine out.
You did not touch upon the main issue: IMS. Moreover a good 997.1S would cost you much more than 14k...
This one did not.. Stan paid £14 K for it
Isn't IMS an 996/986 issue?
@@ToolkiT73UK no, it is still for 997.1, 987.1 and 987.2 base.
@@Number27 yes but you compared it to a standard Fiesta. Mind you: I'm a 981s owner and I owned a 986s so I'm with you on the principle and I love your vids. Cheers from Italy
@@Number27 this same car is on autotrader now for £17000. is he selling it, or is this where he bought it?
It’s so cheap because anything that goes wrong can easily cost more than the purchase price to fix! A Toyota Yaris will not have that.
Precisely
And a new car has generally at least a 5 year warranty now. There's 5 years worry free ownership.
I'd love to see how much repairs that 911 would need in 5 years of daily driving. Quite a lot I'd bet.
People have had major things go wrong with their cheaper cars that end up costing just as much.
More like 25k
??
Exactly! There is no 997 for 14k
Yeah, it was only £14k as it was a cat S and maybe other stuff they didn't say. 90k is a high mileage but I guess not so for a 15-16 year old car. If it was a lower mileage, totally mint, FPSH, 1 or 2 owners, never crashed, garaged and pampered it would be £30-40k. But looks nice. A lot of money for an ornament if running costs became too much for you.
How did you manage to get it for 14 grand? They are for more expensive when I am looking around
It’s great to see Mike Brewery back on the box. His fallout with Eddy Chinese clearly hasn’t affected him too much. Sweet.
Mike Brewer?? Me?? 😂😂😂
I think he’s talking about Stan 🙄
its advertised for £17,750 he did a good job to drop it down to 14k!! I need to learn his negotiating skills!
Concur. Would love to know how that was achieved.
"They are not big cars" - WTF the new 911s are freaking huge! Have you ever seen a 70s or 80s Porsche?
£14k!!!! Pleeeeease show me another one. 997 3.8 I would buy two👍
They’re only cheap to run if you don’t drive them, mines currently awaiting £1,400 of bits to get it through it’s mot @75k
Crikey.
They are very cheap compared to a new 911 but not compared to a Fiesta.
@@n_dawson really? Mines been a daily driver for 5 years, about 10k spent on routine maintenance to keep it going over that period
I’ve only experience with Ferrari 308GT4’s and Mondial 3.4 & 3.2’s, in the last 38 years, and on average the 308’s were cheap to run at £450 for regular servicing but £1000 ish for cambelts every 3 years. The 3.4 Mondial was £2500 pa minimum as the engine comes out on servicing! My present 3.2 Mondial has had some costly problems in the last 6 weeks with electrics at £4,000 including a service & MoT. I’m hoping its going to be ok from now. It’s my fault for doing 400 miles in 6 days whereas the last owner did 600miles in two years! I love how Ferrari’s drive. I’ve experience with an old Porsche 911 too & anyone buying these can expect the unexpected bills! It would be wrong thinking that exotic cars are going to be cheap to run!
What work is costing £1400?
Always get the bores checked before you buy any gen 1 997 3.8!!! I bought one with similar miles from an auction a few years ago, before I knew about this problem. That was ok until it had done about 20 miles each time, then it would start smoking and burning lots of oil. I had to put nearly as much oil in that as I did petrol!!! I had to put it in an auction to sell it, and luckily got my money back. I recently looked at buying another one with similar miles, and the bores were scored when I had it checked. But you wouldn't know unless you you checked the cylinders with a scope. A rebuild to cure this is about £7,000!!! I would never buy a gen 1 3.8 now because of this, unless I can see proof it has had a rebuild to cure the problem. The gen 2 ones are ok.
This is the best advertisement for buying a car at an online auction I have ever seen!
14k? Here in the states they are still $35k at least.
Some bargains to be had here I suppose!! But this one was crash repaired! Thanks for watching Chris and a big wave 👋 to the USA 🇺🇸!
Dream scenario, i wish it was so cheap to run a 997. BUT it is not happening in the long run. Changing breaks, alu cooling pipes, cooling radiators, gearboks seals. - Clutch - this will cost you way more than a very nice reliable Peoples car.
Not to mention engine rebild, cause ims.
Not to forget new engine 997.1, Even if the ims issue is dealth with, caus sylinder 4,5 and 6 goes due to bore problems, often at a low milage.
Love the car and your reviewes. But people should know about the real costs.
Do not by 997 unless you can afford unexpected repair cost up to at least 20 000 punds.
But dreaming is FREE of charge. 😉
Best of luck.
Another thing, fiesta run om cheap 95 unleded, Porsche 997, must have 98 premium fuel , so petrol running costs+ double consumtion witt tripple your petrol bills compaired til å fiesta 😉
Good old "man maths" gotta love it ;-)
Rather a naive view of buying and owning a 15 year old car...
Why ?
Engine goes bang on Fiesta - Warranty
Engine goes bang on 911. £7k
I have had a few ,and never gone bang even my high mileage 964 ,in fact don’t know anyone personally that has had one explode .
@@TG-pd3ft more like 10k
Epic man maths and I see a nation of hopeful petrolheads sitting their partners down in front of this piece in a attempt to swap the family runaround for something more interesting. As any of us who have ever attempted to run an older performance car will know, you may get a good year as described above but sure as eggs is eggs the following year will be a stinker(normally just after you've decided to keep the car for another year)
🤣🤣🤣🤣🤣🤣
Hmm - not sure your reasoning is quite right here. Taking a Porsche to any garage is likely to cost big money certainly compared to a Ford. Parts for Fords might not be cheap but will not be anything like the cost of Porsche parts especially with the added on 'Porsche tax.' Ford dealerships are more prevalent and Fords are probably simpler to fix, if any cars these days can be described as such. Disagree about the comfort and carrying capacity of both. Where's the hatchback facility on the 911? The 911 rear seats are still only for children - always have been. Why would you want to take a Porsche and risk parking it at a supermarket or railway car park? A constant worry about damage and theft - less of a problem I would suggest with a Ford even if, by reputation, they are easier to steal. Both the 996 and 997 had inherent design flaws, potentially terminal with the engine. Unless these have been fixed there's another potential and expensive time-bomb waiting to happen. Just read the many Porsche forums on the interweb.
As a Porsche owner (944, IB and 993) for the last twenty years I'm more than aware of the ownership perils and associated costs that's why mine is not a daily driver. Most 911s are weekend cars/garage queens, call them what you like but I don't think they lend themselves too well for the school and shopping runs whereas a Ford - most Fords - do. I'm biased but judging by many of the replies below I think most will agree.
£14k gets you into a decent mx5 nd. More fun to use on UK roads and reliability built in.
Yeah exactly, I sold my 12 year old money pit Porsche and got a 2 year old MX-5, just as much fun on a nice day, but much more affordable. People don't think you're a knob in the MX-5, just a hairdresser!
You’d struggle to find a decent 996 for £14k so I don’t know where anybody expects to find a 997 for that money. I’ve owned 911’s in the past and I’ve been searching sometimes daily for a cheap runabout 997 and I haven’t seen one for less than £17.5k in the past 5 years so this is just Clickbait and like you said an MX5 makes way more sense, the 997 is too much money for what it is unless you’re into your classics or trying to make a statement.
@@marklowry8799 Did you watch the video to see that he DID pay £14K for the 997 as its a Cat S car? It can be done, I bought a £42K 997.2 for less than £25K earlier this year, it is also a Cat S. For those with or wanting an MX5, as always its horses for courses. I personally wanted something more exciting and more fun! Others will disagree.
I love the man maths, I'm off shopping 👍
🤣🤣🤣🤣
Keep us in the loop on how Stan gets on after a year please
Will do!!
Its on auto trader
That’s the old advert 👍
Wish you could get a 997 now for 14k
I bought a 987 Boxster base, no bore score 5 speed strongest box. Added race cats and goes very well indeed, do think about a Boxster great handling esp if lowered. Mine cost less than 6 grand and looks as good as that 911 imo.
Snap! I brought a Boxster S 987, it's safe with the 3.2 engine but the 3.4 (2006+) car also suffers with the bore scoring issue so I'd stay away from one unless it's had a rebuild by a reputable company.
I did 80k in my 996 C4S..
You forgot tyres.
If you drive like I did, it will be one of your biggest expenses.
Great as a second car just for some self indulgent weekend use. Otherwise, forget it.
The car seems more than adequate for one or two people + shopping? :)
Whilst I admire the man maths, hatchbacks do things that these can’t....chuck the dog in the back, trips to IKEA, dump runs, car seats will be a pain in the arse too. You’ll get more than £400 off a new Fiesta too via brokers etc. Many people in the UK are allergic to older cars with higher mileage too.
The day to day running costs on the 911 are fine, it’s when things break that the pain really kicks in. As much as i like Porsche they’ve had plenty of issues with their engines, as you mentioned. You didn’t factor the inspection into your buying costs either 😜
It’s also cheap because it was a Cat S which is so tegu good you’ll never get away from.
Yes.. there is a reason it was cheap but properly repaired the cat doesn’t scare me! Cheers Sam!
Good video but your way off on depreciation for a new fiesta. You can pick up a year old one for under £11k so £5k depreciation.
Wow, thanks Andrew!
The problem with used 911's is everyone wants one but nobody wants to do the proper maintenance and upkeep. So you end up with cars with lots of previous keepers all of roughly 1-3 years of ownership and bugger all maintenance.
To be honest Jack you can run a car like this on a budget.... a bloody huge one!!!😆😆😆😆😆😆
😄
Been using mine as a daily for over 6 years and I drive it like its stolen with 85k on clock , £900 porsche service ( every two years 👌🏻) descent tyres are around £175 a corner discs are peanuts but pads are £200 a pair , cheap tax pre 2006 . These are real prices folks
Mmmm being a bit of a Porsche aficionado I love 911’s they’re brilliant but I’m so glad you mentioned the bore scoring , a mod on the thermostat can save it , of course they still have a crap IMS bearing that can break , expensive to refurbish the suspension and coolant pipes under the car can burst but instead of a fiesta errr no ! As well as a fiesta instead of buying an expensive car definitely the way to go
Great vlog and i am sure it would bring more people who were on a verge of buying one into doing that... I wouldn't though be seeing the running costs too rosy, because i have one for about 5 years now (actually a 996, but technically these cars are very close) and i have few friends with 996 and 997's. So, whereas for example a Lotus Elise S2 with Toyota 2ZZGE engine cost me just to change oil, brake pads, tyres and filters before every new season and hardly ever needs anything else, the Porsche has had a full engine rebuild since i bought it. I did it while other service was done on the car and engine /gearbox were out and it turned out just about right time. Little bore scoring issue on 3.4 engine, IMS good for change, clutch, timing chains and variocam, it needed few hydrolifters, conrod bearings and main bearings i suppose and few other bits and bobs. The engine is now running on steel liner inserts and alloy pistons from Woessner. It's been done almost 3 yrs ago and runs perfect since. My mechanic, porsche specialist basically say, every M96 or M97 engine would need a sort of rebuild one day. It's cheaper to rebuild slightly precaucionary before anything bad happens to it, which was my case. The 997 S the 3.8 block is actually most expensive for rebuilds out of the range and if the block cracks or anything happens a new one from Porsche is really costly. The price for the black one from the vlog is fantastic deal ... but to want to be very honest with everyone, i'd recommend all people to keep a good cash aside to cover repair costs if things go bad. I agree though, that these are great cars. I don't regret ever buying one and not planning to replace it with anything else for long time... But let's be fair - it's not as cheap as new Fiesta :-D
Thanks for the considered and interesting comment!!
@@Number27 You are welcome, Jack. I don't want to scare anyone or something like this, just thought to tell a bit of own experience. In a nutshell, i'd recommend to let the Porsche specialist do more jobs anytime the clutch needs replacing and engine is out to let the mechanic dismantle it and inspect it properly. Most likely they find some scoring on few of the cylinder bores. if found early repairs are cheaper. And a rebuilt engine from a good specialist, well documented would in the end increase the car's value as these no more depreciates. So for example, even in a situation an engine rebuild and works done i briefly described would cost 5-6 grand, part of it should be covered by car's increase market value. But best is to drive it and enjoy it. That what these are for... :-D I wish your friend has good luck with it. I have a friend of mine with same spec car, just in silver, bought it for much more money here in Czech Republic where i am from and his 997 Carrera S still works perfectly well. But he also think similar way ... at some point he will have the engine better thoroughly checked. But still i am sure, spending money on 996's or 997's is alright, these cars reward you back...
I like water cooled Porsches better 👍
I think you've got a rose coloured calculator.
😂😂😂😂😂 indeed..
Don't forget also one of the few sports cars that takes a roof rack - allows you to do all your B&Q shopping or take a tent camping - just saying :)
24k in Canadian dollars.
Beautiful car. I will buy this all day long. But in South Africa these are still bloody expensive with no bargains to be had. So I will stick with my current two Porsches for now!
Looks like some of the 997's are well over £500 road tax so might have to be age specific
Yes, this one is £330. Depends on year of car!
Can I book you to come round and speak to the Wife bringing along your man maths to persuade her
Errrm.. you’d probably end up with the Fiesta!! 🤣🤣
Apologies Jack, this video is very misleading. That's coming from somebody with a 997 in the family.
You sound like your trying to convince your wife to let you buy one and trying the cheap to run spin like a politician.🤣🤣
14k! That's an absolute bargain - off to autotrader
Good luck!!
You're going to need it!
It is listed on auto trader for £17.5k, assume he bargained hard?
I had a friend who had bought a used, but in good condition, 1988 Porsche 944 back in the early nineties (1993 I think) for not a lot of money. He kept it for a couple of years, then quickly sold it when he realized that these cars are not reliable, and when they break down the parts are very expensive to replace. He said, and I quote:"I'll never buy a Porsche ever again.". Today, he drives a 2019 Kia Stinger GT2 with a 10 years warranty (5 years bumper-to-bumper). Go figure? lol!
How's he got one for that price? Can't find a 997 for less than about £20k?!
He did well.. but it is a Cat S!
Great looking car and very capable too the 997 but I have to strongly disagree with your suggestions regarding buying a clean car at that price level and that one could dare to run one of these as a daily...if you like your cars mint (I do), I would suggest £20k as a starting point for a similar age 3.6 with 50-60k on the clock, plus budget another £5k to begin with, for immediate repairs such us engine rebuild, full suspension overhaul (shocks, bushes, wishbones, the lot), tyres and a thorough service. So yeah, for £25k you could own a very clean and presentable 3.6
I take your point about Cat S cars, however most people avoid them like the plague in the UK, which makes money spent on them, money not well spent, investment wise, when you come to sell. End of the day do you want to be throwing good money after bad on a Cat S, or a clean unmolested example? A set of good quality tyres will set you back at least a grand, not to mention other consumables. Any 15yr old car with 90k on the clock will need more than an oil and filter change and most so called 'specialists' will charge you nearly £100/hr for the privilege of having them working on your car. Bottom line, most owners that look after their cars regardless of cost, don't let them go cheap. Personally, I'd say get a sensible runaround for the boring stuff and spend more on a nice sports car, whichever you fancy, to use as a weekend toy for memorable drives, without having to worry about some cretin bumping into you during the school run.
Oh no. I’m about buy a Gazoo racing Yaris as an ex 911 996 turbo owner and couple Exiges. Bad title
🤣🤣🤣 enjoy the Yaris.. supposed to be very good!!
@@Number27 I know. I’m horned up for it. As a trader shouldn’t buy new but fancy one. A bad year. No holidays. Just fancy something plug and play. I miss my Exige more than my Turbo. The 996 was one hell of a sledgehammer. Could yet be car of the century 911. It’s just so bloody good.
oh lucky you
why are they so cheap over there.......in Oz the cheapest manual one i could find was $73000....base model Fiesta is around $1700
Wow!! I do know top end stuff is super pricey over there. All to do with taxes. Blame the government !! I Once looked at expecting some classics cars over there to sell and the tax kills it!
Aren't there problems associated with insuring written off cars? I've heard some companies just refuse to insure them, even after a proper repair?
Don’t think that’s the case...
Stan is paying £314 per year to insure this..
No talk about bore scoring?.... I wouldn't touch a 3.8s which hasn't had a rebuild....... Cost comparison to a fiesta is rediculous ..... Why couldn't the author compare the cost of a PASM shock to a fiesta one........ A solid 977 should be anything from 18k upwards........ 14k!!!!!!... Be sensible.
The man maths doesn’t work for me as I can’t get insured on insurance write offs. I have tried, and the answer is always ‘no’ or thousands of pounds. So that is an extra cost to consider vs anything else.
How sad has the Porsche 997 become with the IMS bearing issues and the bore scoring that it is now compared to a Ford fiesta....lol. Hard pass on Porsche selling junk engines.
Basically the one thing that sticks out and should scare anyone with a brain is...THIS MODEL HAS A KNOWN DEFECT IN THE ENGINE! I guess in the Europe, Porsche mechanics work for real cheap, but here in the states its quite the opposite.
Here in America, “German sports car ” translates into “license to steal” for mechanics.
The engine work he mentions can cost as much as this car does, not to mention the other things which wear out on sports cars your new mechanic WILL FIND!
If you have a hatchback budget, stay the hell away from a Porsche. The odds on you finding a perfectly running Porsche with zero expensive issues at a bargain price are extremely rare.
If you bring in a 100k a year, you don’t have kids, then I’d say knock yourself out!
Do Fiesta owners wave at each other? 911 owners almost always do. if you have a 911 (or even a Boxster) -- you're in the club!
MX5 owners wave at each other too, at least in Belgium 😊
Owner for years.
Fuel: £1666 (factor x2 at least)
Tyres: £1000 (actually ~£1000 each 1 year as you have winter and summer tyre sets, the good ones, ~2-3 years)
Inspections, measured on 2 year intervals will also boost estimates. Wait 3-4 years until breaks etc. and more expensive parts need servicing. However, you can keep costs "low" compared to other new cars loosing their value fairly quick but include free service for 100k.
It’s not Nikasil. It is Lokasil, which is a different method with different size silicon particles on the surface. It has appeared that the lokasil method is not constant and some cars suffer bore dcore very early. But ultimately it will wear out - as does Nikasil. However, Nikasil will last longer.
But all and all, the best value for money sports cars, definitely 996/997 belongs there with Miata and S2000. So much fun with readonable money. And there is something quite unexplanailable about the 911. It has a magic which I have not found in any other car.
Interesting, but you missed, tyres, brakes, windscreen, headlamps, bumpers etc. Fine if you don't drive it, crippling if you do. But I'm with it, we daily an integrale Evo2, Elise S2, Golf mk5 GTI and Mk2 Syncro Country. All these cars need special treatment, everything costs more than a Fiesta but... they generally do not depreciate. Well, didn't. the government want to kill petrol cars so we will end up with nice wallpaper. Us car enthusiasts will end up with worthless art.
The Man Maths are delusional at best! Basic car rules apply with Porsche- if you can’t afford the maintenance don’t buy it or you will end up paying. Brakes, suspension, air con, IMS bearing, clutch, tyres, bushes, coil packs, etc,etc... Caveat Emptor....!
Your argument for the Porsche has more holes than an AERO bar. Consumables like tyres and exhaust for example. Then theres the engine repairs. We wont even go there as I hate crying. But one Major factor you failed to mention and weaved by very successfully is the warranty. The Fiesta in theory will cost zero £££ for 3 years / 60,000 miles, thats trouble and cost free miles.
How much will that porker cost over 3 years? get my point !!!!
At last you've found a proper car.
Until the Porsche has a major breakdown and it cost more to fix than a Dacia Duster costs new.
Prefer to be sat in the lay-by with the bonnet up in a 911 or walking rather than losing all will to live and drive a Dacia lol
A new ford fiesta or this, is like comparing a bar of soap with a piece of s...t 🤣 Ok, talking seriously, that’s a 997.1 Carrera engined one (non Mezger), so you also forgot the IMS, the RMS eventual issues, and also forgot that a clutch change on that may cost up to 1.500£ or more, and that a new set of tyres can cost the double of a ford fiesta one...but ok, I can understand the point on this comparison....more or less
I wouldn't suggest anyone actually take this advice. Buying a used Porsche is a great way to lose money, then more money....then more money. You have to know what you're doing (these are oddly quirky cars), have a cheap source for OEM parts, do your own wrenching (a lift will really help here) and then expect to lose on the resale. Horrible idea (unless this is your idea of a hobby, and that's cool). And yeah, I've been "hobbying" with sports cars for over 50 years.
Look at all the comments 🤣
It's a £70+ car it's not going to be run on peanuts. Tyres are expensive - no shit!
Engine could shart itself - yes but a proper rebuild and you have a bombproof engine.
A Fiesta will be worth 2k in 10yrs time, a Porsche won't....
None of the maths add up (yes, Man Maths!) so if you take your tongue out of your cheek this is grossly misleading. This car is not a daily driver like a Fiesta would be. If you used this car as a daily driver expect much much higher maintenance costs! This video also assumes there is no work to be carried out following a service (see how quickly £2k is eaten up on a 2005 Porsche). Also, with no disrespect to independent garages whatsoever (many are excellent), you will erode the resale value if you don't use Porsche of Porsche Specialist. Buying a Porsche is the easy part, keeping it on the road is not! There is a reason Porsche charge over a grand for annual warranty (for cars less than 10 years old!).
Reliable ??? HAHAHA... If you want reliable then don't buy a Porche (German?). Buy Japanese or Korean ! Nissan 370Z... Springs to mind
Let’s just take a reality check, it’s a specialty car, parts aren’t cheap service intervals can be expensive, fuel and day to day running around won’t be cheap, don’t make it look like a family shopping trolley it ain’t, you’re talking rubbish, most of us buy fiestas Dacia dusters Nissan’s etc because new or newish will never give you a monster bill for repairs like that will, so don’t talk rubbish, it would have to be maintained by a main Porsche dealer or specialist and hopefully not go wrong the likelyhood of that is zero. You got rid of a 205 gti because ‘it was too expensive’ to repair remember !, you’re full of it
Respectfully, I think a Fiesta is a lot more desirable for a large bloc of the population -- long warranty, inexpensive repairs after that, reliability. Repairing a 997 is WAY more expensive, even if you do it yourself.
It’s Porsche not Porsch !! Secondly, here in Oz you never could get a 997 for around $28k, it would cost you well over $50k plus. So no they are not a cheap alternative to a boring econobox.
Hmm a Dacia duster or a 911..🤔
🤣🤣🤣🤣🤣 tough choice huh!!
The math mistake here is the Porsche "servicing" number. £179 to £445 is totally off. More like £1790 to £4450 depending on what needs servicing
I had a cayman 987.1, got bore scoring. Cost the earth to fix. The 997s suffers with similar issues.
Also sorry but they are not cheap to fix. Cheap to service yes. But any part hat is Porsche only it’s normally eye watering.
I love the way you keep it real, and even when you Cock it up you just leave it in. Totally agree with you everyone needs to have a Porsche sometime in their life.
Glad you appreciate the idiocy!
Nice car, but wouldn’t touch a Cat S as when you try or need to sell it won’t go well. A lot of car for that money but bloody pricey when it goes wrong...get a Fiesta ST instead (much cheaper to run and repair).
That car is loaded with options. It has the full leather package, sport chrono package, PASM, adaptive sport seats and the sport steering wheel. This car was probably $100-110k USD new. I owned a 2007 C2S and it was a spectacular road car.
Being a big Porsche fan I would want to consider such cars a a daily too. But It is simply way too expensive to have it taxed. Annual tax is simply nuts. How does this go in UK?
Why are people so mad about Porsche it a money pit, if anything goes wrong you will need to re morage your house the Porsche cayenne turbo is 130000 new are you nuts the price of a house ,not for me ill stick to my Lexus rx thanks
Should be able to get 20% as a minimum discount. You can get that off a BMW. You missed out tyre cost for a 911. I had a 911 and it was a nightmare. A 911 is not a 4 seater
What about a garage to put it in because it wouldn't be there for long I'm afraid ; if I would keep it outside my house. Whilst nobody cares about my fiesta outside my house. A bit too optimistic this review fella.
10% first year depreciation on a new Ford ??. Really? But repair bills are the issue on the Porker. Question is how lucky do you feel ...?
As a Porsche owner, this is terrible advice. As others have said, running costs are only "cheap" if nothing ever goes wrong. The reason these cars are "cheap" is the same reason all premium marques are cheap when they start getting old; people than can truly afford to own one will just buy a new one to get the latest model, and not suffer reliability issues of an older car; and people that can "just" afford the purchase price of one like this, can't afford to really keep it maintained and running properly, particularly when something expensive goes wrong. A Toyota or other economy car has equivalent maintenance and repair costs to their purchase price, so not a valid comparison. This will end in tears.
Only a £400 discount - not realistic. MOT costs and if things go wrong it will be crippling! Porsche is great but analysis is rather flaky.
A Porsche finally, there you go mate!👍
Glad you approve!!