For many people, the Porsche 911 is one of those iconic high-performance sports cars that simply must be owned at some point in their lives, even if it means that they have to save up for years to buy one!
Photo credit: SoCal Car Photography (via Flickr).
I remember seeing a fine example of a Porsche 911 some years ago, it was jet black with matching alloy wheels, and trust me, if it possible to fall in love with a car, I think that is what might of happened to me that day!
My own car (a rather humble 1.2-litre Vauxhall Corsa) I suspect was very jealous of my longing glances at this awesome piece of German engineering parked outside my office window!
If you are thinking of buying your first used Porsche 911, whether it is from a main dealer such as Inchcape Porsche, an independent dealer or private seller, here are some top tips to help you buy the car of your dreams without buying one that could be a potential money pit for your wallet!
Don’t buy a brand new Porsche 911
You should bear in mind is that all cars depreciate in value over time. For example, the Porsche 911 Carrera 3.4-litre coupe costs £73,413 brand new. Here is what it will be worth over the next few years (thanks to the What Car? Depreciation Calculator for this info):
1st year: £60,544 (-17.5%);
2nd year: £49,781 (-32.1%);
3rd year: £40,840 (-44.4%);
4th year: £34,908 (-52.4%).
As you can see from the figures above, the Porsche 911 loses half of its value after the fourth year of its life (as do most brand new cars) so you would be better off buying one that is a few years old but with low mileage and in great condition.
It is important that you buy a Porsche 911 with a fully documented service history. Although this doesn’t matter much on cheaper cars, Porsche cars are renown for being somewhat expensive to service and maintain.
Cars of such a calibre generally tend to be well-looked after, but you do get the odd few that have been through the wars due to neglectful previous owners. Look out for service history documentation pertaining to Porsche main dealers or specialists, as you can then be sure that the car you want to buy has been maintained correctly.
Find out who is really selling the car
Sometimes you might come across a used Porsche 911 that is actually being sold on behalf of someone else. The reason why this is important is simple: if you have any problems with the car after you have bought it, the person who sold you the car (not the person selling it) will not take responsibility for any issues.
Hidden history checks
As with any used car you buy, you should always perform a HPI check on it so that you can confirm the car is legitimate and doesn’t have any hidden history (such as it being reported stolen by the police or insurance companies, declared an insurance write-off or has outstanding finance against it).