CoolA Posted July 31, 2023 Report Share Posted July 31, 2023 Before buying I’m wondering if this is a possibility to offset some of the ownership costs? 1 Quote Link to comment Share on other sites More sharing options...
Daboy3000 Posted July 31, 2023 Report Share Posted July 31, 2023 This sounds like madness. These cars are old and plastics are fragile. Maintenance can also be expensive. I think this will lose you money very quickly. 2 Quote Link to comment Share on other sites More sharing options...
Topbox Posted July 31, 2023 Report Share Posted July 31, 2023 2 hours ago, CoolA said: Before buying I’m wondering if this is a possibility to offset some of the ownership costs? I rented a 987 out before I purchased a Boxster. The guy did a couple of VW campers too. Last time I checked out his site the Boxster had gone. He was on this site as a member too. Can't remember his name but he was in SE London, Blackheath way. Personally I think it would bring more angst and expenses than just running the car. 2 Quote Link to comment Share on other sites More sharing options...
Menoporsche Posted July 31, 2023 Report Share Posted July 31, 2023 Insurance premium would be loaded too. Quote Link to comment Share on other sites More sharing options...
CoolA Posted August 1, 2023 Author Report Share Posted August 1, 2023 Thanks for the replies. It would be good to speak to someone who has tried hiring out an old boxster. My thought was to do a minimal amount of rental just enough to cover the annual service etc. That said this will be my first Porsche and I fear the emotional attachment might persuade me not to. My thinking now is to lower my budget and plan to cover all costs myself. Now considering a 2.5 or 2.7 for high revs, low speed open top fun. I drove a 981 cayman 2.7 the other day to see if jumping in higher up the ladder would suit and just found it a bit boring. Too grown up and together, didn’t feel that different (well a bit) to my 330d touring in terms of speed and sound not that great either, was hoping for more flat six engine noise. Quote Link to comment Share on other sites More sharing options...
brillomaster Posted August 1, 2023 Report Share Posted August 1, 2023 a 981 will be really stifled by the exhaust, a 986 with a cheap exhaust will give you all the high rev flat 6 noise you want. Quote Link to comment Share on other sites More sharing options...
edc Posted August 1, 2023 Report Share Posted August 1, 2023 Personally I think the risk of hiring it out just to cover the cost of a £200-500 annual service is too great. If you are going to do it you want to get more money and I would be aiming for at least the difference in salvage cost to full market value so probably something in the £3k plus range. Quote Link to comment Share on other sites More sharing options...
Menoporsche Posted August 1, 2023 Report Share Posted August 1, 2023 36 minutes ago, edc said: Personally I think the risk of hiring it out just to cover the cost of a £200-500 annual service is too great. I would also say that if £500 annual cost sounds a lot to you, don’t buy a 23 year old Porsche. Seriously. As the first time something goes wrong, and it will, your experience will be ruined. 2 Quote Link to comment Share on other sites More sharing options...
RedBarediver Posted August 1, 2023 Report Share Posted August 1, 2023 35 minutes ago, Menoporsche said: I would also say that if £500 annual cost sounds a lot to you, don’t buy a 23 year old Porsche. Seriously. As the first time something goes wrong, and it will, your experience will be ruined. I agree. There is no way I would rent out my Boxster - I am even reluctant to let my wife drive it. Mine cost me a fair bit this year already just to get through the MOT and I'm looking to spend another £200 - £300 to replace coil packs, spark plugs, spark plug tubes and other bits and pieces. And mine is by no means a bad one. Lots of bits on these cars are old and the plastics are getting brittle. I budget around £1,000 per year for repairs, MOT etc. If I use all of it then fine, if I don't I just roll it over to the next year and add it to the £1,000 for that year. Sooner or later that money will get used. It's not a matter of if, it's a matter of when. If it costs more than £1,000 per year then it costs more. Eventually I hope to have a car that is repaired enough so that it doesn't cost me that much - but then I'll probably spend it on petrol Easier to rent out a brand new car and charge a premium - that's why car rental companies make money. They calculate for the vehicle's depreciation and sell it on as soon as they have made their money 1 Quote Link to comment Share on other sites More sharing options...
Daboy3000 Posted August 1, 2023 Report Share Posted August 1, 2023 I can easily see £1500-2000 a year going into mine for several years, and then if it's not mechanical, the bodywork will get some attention. But as long as I hold on to it then it's not the worst hobby. 1 Quote Link to comment Share on other sites More sharing options...
AndyM001 Posted August 2, 2023 Report Share Posted August 2, 2023 Also, you don't know how they will treat the car and engine, hire cars don't necessarily get treated very well. Quote Link to comment Share on other sites More sharing options...
Ninesomething Posted August 2, 2023 Report Share Posted August 2, 2023 People that rent stuff out in the short term - cars or anything else - don't give a shyate about it. Fine if you want to see some idiot doing donuts in Halfords car park in your boxster next time you look on YouTube. Quote Link to comment Share on other sites More sharing options...
Everywhen Posted August 2, 2023 Report Share Posted August 2, 2023 Hire car - the only true all purpose vehicle. Quote Link to comment Share on other sites More sharing options...
CoolA Posted September 5, 2023 Author Report Share Posted September 5, 2023 Update to this dying thread. I ended up buying a 996 coupe. 1998 c2 with m030, lsd and hardback seats. Went a bit deeper in the pocket but got what I always wanted… and no, I won’t be renting it out! Thanks a lot for the replies it helped focus my mind. 2 Quote Link to comment Share on other sites More sharing options...
Menoporsche Posted September 5, 2023 Report Share Posted September 5, 2023 More money for second best then 😉 Enjoy your first Porsche, bet you’re chuffed! Quote Link to comment Share on other sites More sharing options...
RedBarediver Posted September 6, 2023 Report Share Posted September 6, 2023 (edited) 19 hours ago, CoolA said: Update to this dying thread. I ended up buying a 996 coupe. 1998 c2 with m030, lsd and hardback seats. Went a bit deeper in the pocket but got what I always wanted… and no, I won’t be renting it out! Thanks a lot for the replies it helped focus my mind. Enjoy I keep thinking I should get a 996 too. Mostly whenever I get into the Boxster and wish I had just one more inch of room behind my back. Then, I drive it and realise that it's the perfect car for me. I have a hardtop on mine for the winter and drive it all year round. Do I want a 911? Yes, of course I do. Would I give up the 986 to get it? Nope. My ideal scenario is when my 147 eventually dies I will get a 996 and keep both the 986 and 996 Edited September 6, 2023 by RedBarediver Quote Link to comment Share on other sites More sharing options...
CoolA Posted September 14, 2023 Author Report Share Posted September 14, 2023 It’s cost me £1800 already for a service, break discs and pads all round + lines and a replacement for a wobbly coffin arm. It’ll need a suspension refresh soon too 🤦♂️ Be careful what you (me) wish for… maybe a good 986 was the better option p.s. the cost was driven up by the hours of labour to get the old disks off the hubs. Quote Link to comment Share on other sites More sharing options...
½cwt Posted September 15, 2023 Report Share Posted September 15, 2023 6 hours ago, CoolA said: It’s cost me £1800 already for a service, break discs and pads all round + lines and a replacement for a wobbly coffin arm. It’ll need a suspension refresh soon too 🤦♂️ Be careful what you (me) wish for… maybe a good 986 was the better option p.s. the cost was driven up by the hours of labour to get the old disks off the hubs. The general advice to 986 buyers on this forum is to allow £1.5 to £2k to do additional fixes over the first 2 years above normal running costs. I can bear personal witness to this. Unless it is very low mileage and stored in cotton wool most 986s will need, or at least benefit from, a suspension refresh after 19+ years of service. You could have paid £2 or £3k more for a car and could till be spending similar money. You can't run a 20 year old sports car on the same annual budget as for a new 2 year 20k service interval car. 1 Quote Link to comment Share on other sites More sharing options...
ChuckNorris Posted September 17, 2023 Report Share Posted September 17, 2023 Yeah, can't say I'd ever want to do this with any of my cars. I know that websites have popped up recently that will allow you to advertise your car to be able to do this but I can only see agro and hassle further on down the line. Quote Link to comment Share on other sites More sharing options...
wasz Posted September 22, 2023 Report Share Posted September 22, 2023 There is an ancient saying around these parts: "Hire cars make the best rally cars." Quote Link to comment Share on other sites More sharing options...
Menoporsche Posted September 22, 2023 Report Share Posted September 22, 2023 5 minutes ago, wasz said: There is an ancient saying around these parts: "Hire cars make the best rally cars." On 9/15/2023 at 12:46 AM, CoolA said: It’s cost me £1800 already for a service, break discs and pads all round + lines and a replacement for a wobbly coffin arm. It’ll need a suspension refresh soon too 🤦♂️ Sounds like the one he bought already made a good rally car… 1 Quote Link to comment Share on other sites More sharing options...
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