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987 Running Costs/Query


Pete93

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Hi all. I'm a huge Porsche fan and I came very close to buying a 987 last year however the circumstances just didn't allow. Fast foward a year later and my annual mileage has decreased from 20K to 10-12K and it's time to let my daily diesel 5 Series go. I'm looking for my first Porsche and I'd like to get an idea, from people who actually own one, about 987 running costs.

Everyone loves to scaremonger on other forums so I figured this is the best place to ask. What sort of costs should I budget for in approx. 12k a year worth of driving? I've had numerous other German hot hatches/barges before and I'm no stranger to the odd bill. Would I be along the right lines of thinking setting aside £1.5k per year?

I'd be buying a 2.7/3.2 Boxster 987 (don't have the stones to go for the 3.4 due to bore scoring), budget of around £10-13000. There doesn't seem to be much for sale in NI so I may have to extend my search across the water! 

Thanks for the help. 

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First answer is it depends what sort of car you manage to find and what work has already been done.

Second is to STRONGLY recommend the beautiful red Sports Edition @Guvs is selling for £10k , so he can move up to a 981. There's loads of info on it and many of us have seen it in the flesh. If I didn't already have a car I would bite his arm off. 

On a more general point recommendation is usually to budget around £2k to start, IF things like condensers and suspension need refreshing, and £1k per year for servicing/general maintenance. But that's if you don't buy a well sorted car from an enthusiast in the first place. 

Good luck with the hunt.

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Jim, fair play, my 5 has been faultless in 2.5 years and I'll miss the big boat. 

Red rocket, I glanced over the classifieds and seen it earlier. Haven't had an in depth look but it looks immaculate and I'm seriously considering it. Not going to lie,  going so far to buy a car with no warranty etc is slightly unnerving but only because I've never done it before. I'm sure it's a cracking car. Picking up a car from Wales would be quite the trip back to NI. 

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I read all the stories about running costs before I bought mine just before christmas last year, and 15 months in.....what a load of b*ll*x!!!!

Mine is a 2006 3.2S, it had 59,000 miles on and was in and still is immaculate condition, it did'nt need an oil change cos it had one the year before but I had one anyway with the filters changed, was told by Kev at DW in Wellingborough that the engine was in really good nick with no bits in the oil, so great peace of mind, and I had a tiptronic transmission oil and filter change cos it was just starting to get sloppy and was right on the 60,000 mile or 12 year limit..............and that's it 15 months and about 4,000miles later!!

I've had the Gundo hack done to the exhaust to make it sound like it should have anyway, and I've refurbed the alloys and changed then from silver to anthracite, and changed the side vents from silver to black to match the car better and added paddles to the steering wheel for £55, all wants not needs, so it's probably the cheapest car I've had to keep on the road.

Just get one dude, I hmmed and aahd about getting one but it is actually a far better car than I thought it was gonna be, got to be the best car out there for the money easily!!!!

u2qwLp0.jpg

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I rode a BMW K1200S  400 miles through torrential rain and road blocks (sheep from overturned farmers truck on the road), viewed and test drove what might be mine, prepared to walk away, but it was fine, stayed overnight in Glasgow in a hotel and took 2 days back as sisters was in Leeds on the way, bought with 27k miles and now 48k, had a slight gearbox switch problem last year but was fixed, it IS only a weekend car for the summer though.

 

It's also slower in a straight line than a 535d, especially if that's been remapped to 370bhp :-) But that doesn't matter, it lives for corners.

 

Apart from that gearbox switch problem, just normal servicing, was at the local Porsche dealer till they couldn't get their act together to diagnose the tiptronic gearbox problem, now religiously serviced at also local independent porsche specialist.

Mine has xenons, good for 3 figures on dip, some have halogens....

Heated seats, didn't become aware of till got the 535d after the Boxster, mine hasn't got them, wish it did. 

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Thanks for all the replies and advice so far. I PM'd Guv. It's only a 530D but its been remapped so I'd say there would be little in it in a straight line but I don't care much for straight line performance lol. There's a cobalt blue 2007 2.7 with 62k miles and full OPC history on for £13k locally I might have a nosey at tomorrow. Stunning car @headless

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Rallye that's the one I'm talking about, 1 owner and full OPC Belfast history are good signs. Do those unsightly 'circular' stains on the hood mean anything or could they be washed off? Sorry if it's a stupid question, this will be my first soft top. Will do a bit of research on the dealer and may go take a look at it over next couple of days. 

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Nice looking car!

Rallye is right about the cheap front tyres but not too expensive to change.

 The circle marks won’t come off, you don’t normally get those marks on the 987 hood but quite normal on the 986. They are marks from when the hood is folded up and sits on these round pads. It doesn’t mean there is anything wrong with the hood, the car may have been stored with the roof down for a long time or rarely used with the hood up.

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it's a nice car with good history, wing back seats heated +++ , see if they have the history what's been done in the last few thousand miles brakes etc, brakes suspension clutch will be your biggest money, i would say it's been well cared for, heater control buttons look like new always a good sign 😄

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You might also be able to get a Gen 2 2.9 for the top end of your budget.  No issues with IMS (doesn't have one) or bore scoring with these as they are a different engine design.

However, Guvs one is also a cracker of a car.  I doubt you would have any issues getting it back to NI as he was on the Alps tour last year which is a considerably further distance!  I did a NI trip the year before last getting the ferry to Dublin from Holyhead and it was a great drive - going up through Wales would be even better.

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13 hours ago, Pete93 said:

Rallye that's the one I'm talking about, 1 owner and full OPC Belfast history are good signs. Do those unsightly 'circular' stains on the hood mean anything or could they be washed off? Sorry if it's a stupid question, this will be my first soft top. Will do a bit of research on the dealer and may go take a look at it over next couple of days. 

Looks nice, especially with the darker wheels. The circular marks are absolutely normal. Mine has them and i have seen several other 987's with them. It's overpriced at £13.5k and the spec is relatively basic though it does have heated seats and of course you have to factor in the much sought after electric rear windows! :laugh:

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@pete93 I got my 2008 987.1 Sport Edition from a place in Derby and drove it back to Belfast last December.

Rough costs:

One way flight to East Midlands - £80

Uber to garage - £15

Tank of full for the 350 mile drive to Cairnryan - £50

One way ferry to Belfast - £110

I reckon all in travel etc added about £250. 

I had to look at the mainland as there is a severe shortage of 987’s over here. 

Dont let the travel put you off. The drive up through England and Scotland have me a

chance to get familiar with the car. 

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I bought a 2.7 sports edition for £11k last September as my daily driver. I knew the air con wasn’t working, and some of the pipe work to the rads needed replacing. Cost so far have been:

£540 tax / £500 insurance 

£700 for radiator pipe work and a repair to the exhaust (one flange had started blowing)

£300 for coil packs - been led to believe these would’ve been ok for 18 months, but no...

the air con condensers and all pipe work had to be replaced (now colder, but not great by modern standards) was all about £1200 I think. 

starter is showing signs of age... guess this will be about £300, but not had it priced.

all jobs by Cath Burrows Indy - I’ve been perfectly happy with the work. And doesn’t push for work that doesn’t quite need doing yet. I’m not a tinkerer.

bought a set of Porsche rims and winter tyres for just under £500 too (eBay)

im getting 28-30 to the gallon, mix of lanes and motorway. Doesn’t like sitting in queues, can see the economy dropping off when it does. Will be doing 12k miles year approx.

now got a sorted motor, runs well. I’m happy!

no doubt will need to sort the starter this year, maybe the clutch (just heavy... might be normal I guess). Other than that?  Brakes? No idea - when the light comes on they’ll be sorted.

seems like a lot, but over a couple of years it will be less than the costs and depreciation of owning a modern car like a beamer, I had a V40 before, liked it but it didn’t make me smile.

apologies for the phone typing...

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Model year 2007- cars have the more reliable ims bearing, these late 2.7's are the most reliable of the gen 1 cars. Also the later cars had different climate buttons which dont wear like earlier cars. I see someone mentioned the buttons earlier. Looks a nice enough car, dont particularly like the wear to the drivers seat bolster and the price is a bit high but probably due to 1 owner and dealer history factor.

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Had mine coming up 6 years now, been a great car & I love it to bits. Have occasionally thought about changing but to be honest to get into a 911 or a newer Boxster, say a 981, would be another £15k. Yet I don’t honestly think there would be £15k extra of driving experience...

Big costs so far, off the top of my head....

-  Brakes - more expensive than usual, however can buy decent ones for reasonable price when Euro’s & the like have discount codes on. I had my front discs / pads changed by OPC as under warranty & rears done last year where I bought discs / pads from Euro’s (Brembo) & got an Indy to do them. Rears cost about £250 all in, fronts probably double but was in with a service at time.

- Air con condensers - did these myself, surprisingly easy, part cost about £130 plus an air con recharge from ATS.

- Tyres - can be pricy, rightly or wrongly I’ve always kept with N rated tyres - gone through a set of Michelin PS2’s & now on Goodyear Eagle F1’s. Not a lot of difference except price, Goodyear’s came in about £650 for the set, Michelin’s about £850, but I am on 19” wheels.

- Had a rear spring break, covered under warranty but paid for other side, done by OPC.

- Had a front spring break, that was quite costly as elected to have top mounts, bearings, bump stops etc done at same time, again OPC.

- Regular servicing at OPC not as bad as people make out as tends to be fixed price, however sometimes they can identify other work, but no different to BMW. I also get an intermediate oil change done at OPC, again isn’t as expensive as you think. Mine has a full OPC service history & due to the relationship I have with them I find that pricing for servicing is near to that of an Indy, therefore I just keep the OPC stamp.

- Had door membranes done due to leaking, about £220 a side.

- painted the front end due to picking up a nasty stone chip, that was £600+

- Had wheel refurb done, can’t remember how much that was

I think you could easily run one on £1.5k - £2k per annum. But will depend on condition you buy in the first place. Buy one in poor condition which hasn’t been looked after & they can be a money pit to get to a decent standard...

 

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I see around 20mpg in my 2005 987 3.2 S. 

Insurance is around £400

tax £330 ish.

£250-300 for a minor service + MOT

That’s £1k to have it on the road, before any consumables, wear and tear items, fluids/fuel. I like to do modifications too, so any budget goes out the window and I just go with the flow. 

I just had a pair of rear 18” N-rated Continental tyres fitted, which was just over £400.

On my last 986S, in 18 months the only things it NEEDED above the norm, was manifold gaskets, ignition switch and an OS radiator. Which were faily reasonable cost wise at a normal local garage with moorfactor parts (that I bought and supplied).

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6 minutes ago, Jason986S said:

On my last 986S, in 18 months the only things it NEEDED above the norm, was manifold gaskets, ignition switch and an OS radiator. Which were faily reasonable cost wise at a normal local garage with moorfactor parts (that I bought and supplied).

To be fair, didn't it also require a new engine🙁

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Apologies for the late update. I went to see that cobalt blue Boxster linked above. Perfect service history but was a dog inside and out, marked everywhere and smelt like it had been smoked in. Alot of play in the gear stick. Was very tatty on the outside too. Bitterly disappointed. I then considered an immaculate low mileage Gen 2 but it was just out of my budget.

I viewed a couple more, which were dogs, and was seriously leaning towards making the trip to Wales to view @Guvs example until I received an email in work yesterday. Long story short ,due to the email, my circumstances have changed which means I need to stay with a diesel due to the mileage I'll be covering. I'm annoyed that I've wasted so much time but it's the right move for my career. Unfortunately I'll have to wait a bit longer before I delve into Porsche ownership. On the plus side I suppose it means I can save more for a Gen 2. 

Thank you all so much for your help and advice, I've learned that the scaremongering is just that. I also thank @Guvs for being very informative and friendly when enquiring about his Boxster for sale and wish him all the best in selling - it looks like an immaculate car. I'll be back eventually I'm sure 🙂

All the best. 

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7 hours ago, Jason986S said:

.

On my last 986S, in 18 months the only things it NEEDED above the norm, was manifold gaskets, ignition switch and an OS radiator. Which were faily reasonable cost wise at a normal local garage with moorfactor parts (that I bought and supplied).

That was because the previous owner had replaced every other last nut and bolt!

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Your welcom @Pete93 I guessed your standards were quite high but I was sure mine would of met them and some if you had of viewed it.

Good luck with you new work load and I hope you find the diesel that suits. 

Guvs.

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