Need Advice, First Porsche Looking to Purchase!
 

Hello all,

I am considering joining the Porsche owner ranks. I have owned many previous sports cars, most recently a c7 Corvette z51 7 speed. I have great respect for German engineering, I have had a few luxury performance sedans, I just traded in my 2015 twin turbo Audi A8, I loved that car.

So, here is my thoughts I need some wise advice please. I am looking for a great deal on a 2000's 997 911 Turbo, something to work on and have fun with for the next 4 years or longer, that either holds its value or even rises in value as the market seems to be doing now for the late '90s 911 Turbos.

One of my best friend's father just happens to have a 2008 911 Turbo he is looking to sell. It is in decent condition, original msrp was $127k. I ran the Carfax, no accidents it's negatives are 5 previous owners and not all service was done at Porsche dealers over the years, and the high mileage of 110,000. It starts right up and runs very good, tires and brakes are fairly new. I love the wheels (upgraded Porsche) and the color is dark gray metallic. He bought it as an investment in early 2017 from a California dealer online. Tiptronic trans also.

I have heard this engine is supposedly bullet proof, what about the trans/running gear? Turbos? I have plenty of auto repair experience and tools, my brother has his own performance shop specializing in race and muscle cars. Can I work on this myself in my garage?

Bottom line the price is $47k which I'm pretty sure is below market value even considering the mileage. Please let me know your thoughts, I appreciate any comments/concerns.