Last post on Oct 24, 2013 at 5:25 PM
You are in the Porsche 911
What is this discussion about?
Porsche 911, Porsche Carrera GT, Coupe, Convertible
#107 of 2175 Re: Comments Please [habitat1]
Jul 13, 2005 (4:44 pm)
Actually, this is what happened.
As my name (s4to911) implies, I have owned a 2001 Audi S4 for five years. I went to my local Audi/Porsche dealer about six weeks ago looking at some 2005 S4 Cabs (I wanted a convertible) and there was a Midnight Blue/Sand Beige 2005 911 S Cab on the lot (with navigation, Bose, heated seats, power seats, full leather, Sport Chrono, 19 inch Carrera Classic wheels, sticker about $99K, dealer willing to discount a couple of thousand K) that someone had ordered but did not want.
I drove it and loved it. It took a few days to convince my wife to spend the extra $$ (about $40K more than an S4 Cab). In this time, the car was sold to someone else (I should have put a deposit down).
Searching the internet, I found a minimally optioned S Cab in Midnight Blue/Sand Beige (with Nav, Bose, heated seats, 19 inch Carrera Classic wheels) at a dealer about 250 miles away. I flew out three days later, bought the car, and drove it home. I paid sticker (about $95K) since in the two weeks after the car was delivered to this dealer, there were four offers (at very close to list) until mine. This car was an "extra" allocation offered to this dealer and was optioned by the factory.
I thought about buying a 2006 to take delivery in mid-September (the original dealer felt bad about my losing the first car, and offered me an allocation that had come up).
Now that I have the car, in thinking about which options I really wanted, versus which that I could take or leave are:
(1) Really wanted: 19 inch Classic wheels (look the best in my opinion), heated seats, nav, Bose upgrade;
(2) Wanted but wanted the car more for this summer, so hoping for a retrofit someday: Sport Chrono;
(3) Nice to have but I could live without: full leather, power seats.
I think if you look hard you could find a discount on a 2005 to about $94-97K, depending on the color and the options. There still are some left, at dealers generally in the middle of the US.
If you are willing to wait until October, get the 2006 and option it the way you want. There is a 2.8% increase in MSRP for 2006, but I bet you could option a decent car for about $95-96K. There are lots of comments on the various Porsche boards considering the many options, but I think in the end (like anything) most of the options are personal preference. Even the base car is pretty amazing.
Hope this helps, and good luck.
#108 of 2175 Re: Comments Please [s4to911]
Jul 14, 2005 (2:47 am)
I bought my 2005 911 S Cab about one month ago (Midnight Blue/Sand...
I've seen this combination up close, stunning imo. The best looking color combo on the new 911 to my eyes.
I can't wait to see what you decide....its a wonder you've held out this long with such a seductive car as the 911.
#109 of 2175 Re: Comments Please [habitat1]
by kyfdx@Edmunds HOST
Jul 16, 2005 (2:09 pm)
$55K vs. $95K?
I can live with a cheap looking dash.. The Boxster, by most accounts is a better handling car than the 911 (definitely better balanced)..
Just my nickel (inflation, you know)
#110 of 2175 Re: Comments Please [kyfdx]
Jul 16, 2005 (6:13 pm)
To each his own...drive both, and see if it is worth it
Jul 18, 2005 (3:20 pm)
I'm an airline pilot looking to get out of aviation--looking into starting a business to rent out or create a "time share" in a Porsche, so as to spread out the true costs of ownership. Anyone that might have some input on this idea good/bad would be greatly appreciated. (especially in reference to wear and tear on a 997 Porsche 911). Thanks.
#112 of 2175 Re: Business Idea [dedav8tr1]
Jul 19, 2005 (5:43 am)
Interesting - I know someone who also considered this business idea. He was a former executive in the high end resort condo time sharing business (Ritz Carlton), so he had somewhat relevent business experience. He even did some market research (phone survey and direct mail) as part of his due diligence.
The conclusion he came to was that "time sharing" exotic sports cars would probably not make good business sense. The business model he was looking at was dividing the ownership up between 6+/- owners, where you would each get the car 1 month "in season" and 1 month "off season". Trading time slots and/or cars would be facilitated through a point system similar to resort time share. Cars proposed ranged from a Porsche 911 to a Ferrari 360, the time share company would tack on a 15% premium to the dealer price, plus an annual fee, as their revenue source for running the operation It's been awhile, but the issues as best I recall were:
A $15,000 to $35,000 investment in a "share" was still considered substantial investment in a depreciating asset, with a 5-7+/- year life. Most prospective purchasers that could afford a 1/6 interest could probably afford to buy the car outright themselves and would prefer to own it year round without it used (and abused) by others. Compare this to resort condo timeshaing where you can get a week in a high end resort for $20k-$30k and, assuming you go with a reputable manager, have it for decades and be able to sell it for at or above what you paid for it.
The depreciation and maintenance costs would be significantly accelerated by the continued use of the vehicles. Most higher end sports cars and exotics are not designed to be driven 20,000+ miles per year. In the event of significant repairs, fingers would be pointed as to which driver was responsible.
For sports cars, there is often as much prestige in owning the vehicle as there is in driving it. That prestige factor is significantly reduced or eliminated by the time share concept. So the value needs to be derived from driving the car like you stole it for the two months you have it. Again, not good for repairs, maintenance or depreciation.
Bottom line, my associate concluded that time sharing sports cars did not have nearly the perceived appeal or benefits of time sharing a high end vacation condo. He punted the idea and is back to making millions in real estate.
Good luck whatever you decide.
#113 of 2175 Is this obnoxious?
by kyfdx@Edmunds HOST
Jul 19, 2005 (5:56 am)
I could have told you all that without doing a study...
Hmm.. yeah... pretty obnoxious.. Sorry..
It is sort of like showing up at the class reunion in a new Porsche, then having to admit you rented it..
#114 of 2175 911 Carrera S
Jul 21, 2005 (11:25 am)
Posting message for those whose advice helped me. Finally took delivery of above vehicle which I ordered in Feb. It was 1 mth late but worth the wait. Truly an awesome car so far. Got for 1K under sticker. Would strongly recomm 'S' and sport chrono. Bose is nice, but who listens to the stereo when the engine sounds are so intoxicating.
#115 of 2175 Need help from the group, please.
Jul 24, 2005 (12:39 pm)
Man, that's a beautiful story.
I'm really hoping you (or others) can help me with a major quandry.
I'm totally convinced on the Porsche 911. Test drove it -- blew me away. Found a beautiful Carmon Red Metallic 2005 Carrera S at a local dealer. Options are fine. (has the sports package and chrono.) dealer will take $4k - $5k off.
1. I have a VW GTI and am looking at a Carrera S.
2. I live in NJ.
3. I have a 5 year old and one on the way.
1. Is it ridiculous to think that I can use my Porsche to carry one or more of my kids around? My wife has an SUV and does most of the child carrying, but I know I'll be drafted into service from time to time.
2. In NJ, I'm assuming a convertible is probably driveable 2 or 3 months out of the year. And I'm also assuming that when there's snow or ice, i'm SOL in the 911. Any feedback here?
3. Given 1 and 2, I'm thinking that my options are to: a) buy a Carrera 4S for the AWD and therefore be able to drive the 911 in somewhat more ugly weather; b) get an inexpensive third car for when it's snowing, or i have to drive the kids, or leave the car at the airport (like a Honda Accord or Infiniti G35).
#116 of 2175 Re: Need help from the group, please. [nattyb]
Jul 24, 2005 (4:59 pm)
For our third car, I have been debating between a 2-passenger Boxster S and a 2+2 911 Cabriolet (Base or S). Here are my thoughts relative to your questions:
1. I took my wife and kids (girls 7 &10) to do a test fit in the 911 last week. They all fit fine. I'm 5'7" and my wife is 5'1" so we could easily position the front seats to give them enough leg room in the back. However, my 10 year old complained that the rear seat back is uncofortable - given that it is virtually straight up and down. The coupe offers a more reclined rear seat, but less head room (infinitely less than the cabriolet with the top down!) My conclusion - the 911 cabrio would work fine for our kids for short trips. However, if you think you'll ever get a car seat in the back of a 911 for your upcoming arrival, forget it.
2. In DC I drove my last convertible - a Honda S2000 - with the top down at least once or twice a month every month of the year. I find driving a convertible at 50 degrees more comfortable than driving one at 85. I think your estimate of the 911 Cabrio only being drivable 2-3 months is excessively conservative. Realistically, I think it is very usable 6+ months a year. On the snow and ice front, that's another story. Unless you plan on getting a full set of snow tires and wheels, the 4S alone won't be much help. It is really geared towards dry performance, not turning the 911 into a Cayenne. The standard tires - 295/30 series rears on the 911 S - are completely incapable of handling snow. And even with snow tires, do you want to drive a low slung $90k+ sports car through the New Jersey winter slush?
FWIW, I still haven't decided between the 911 and Boxster S, but am leaning pretty strongly to the 911 for its "practical" ability to ferry the kids around town. Good luck with your decision.