Tag: porsche 911 buying

Porsche announces 991 Carrera GTS ‘British Legends’ Editions

Porsche has unveiled three brand new special-edition 911s. Based on the dynamic Gen 2 991 Carrera 4 GTS Coupe, the series has been given the theme of British Legends, celebrating three British racing drivers who have taken Porsche to the top step of the podium at the Le Mans 24 Hours.

British Legends: Richard Attwood

Richard Attwood helped to claim Porsche’s first Le Mans victory in 1970. Driving the 917 with its legendary flat-twelve engine in the Porsche family colours of Salzburg Racing, Attwood and partner, Hans Herrmann, outlasted many other competitors (including the updated 4.9-litre 917s) to reach the finish in first position overall. Only 16 of the original 51 starters reached the chequered flag.

Herrmann  – a Porsche factory driver from the early 1950s – had promised his wife that a Le Mans win would be his last ever race. After the race, he kept his word and retired. Attwood raced another 917 at Le Mans in 1971, finished second and retired at the end of the season.

British Legends: Nick Tandy

After a blistering early career in Ministox and single seaters (Formula Ford and F3), Nick Tandy first blipped on Porsche’s radar with an incredible Carrera Cup debut at Dijon for Konrad Motorsport in 2009. Finishing second with no testing in the highly competitive Carrera Cup Germany at Dijon, Konrad invited him back for the Abu Dhabi race, where he impressed again, thus earning himself a full season Carrera Cup drive for 2010.

2010 took Tandy from strength to strength, and he narrowly missed the Carrera Cup DE title to Rene Rast. The championship was Tandy’s in 2011, at which stage he shifted up to the world stage, ending up in Porsche’s LMP programme, taking his first Le Mans win in 2015 alongside Earl Bamber and Nico Hülkenberg. He continues to be an integral part of the Porsche works driver lineup.

British Legends: Derek Bell

Born in leafy Pinner in 1941, Derek Reginald Bell went on to claim wins at Le Mans – four of them with Porsche – and remains Britain’s winningest Le Mans racer.

Bell’s first Le Mans 24 was in 1970: the same race won by Richard Attwood in a Porsche 917. Driving alongside Ronnie Peterson in a works Ferrari 512S, the car was forced to retire from the race, but Bell stayed on afterwards to help his friend Steve McQueen film the classic Le Mans. The Ferrari used in the film caught fire with Bell in it, and he narrowly escaped unharmed.

Derek Bell’s most memorable wins at La Sarthe came when teamed with Jacky Ickx. The pair claimed victory for Mirage in 1975 and then for Porsche in 1981 and 1982. Bell’s other Porsche Le Mans wins came in 1986 and 1987, alongside Hans Stuck and Al Holbert.

Porsche 911 Special Editions

The ‘British Legends’ 991s are based on 991 Carrera 4 GTS models and come with options including LED headlights, Sport Design body styling and satin-finish mirrors, lots of carbon and a Union Jack badge on each car with the driver’s signature alongside. Porsche says:

“Using the design of the winning race cars as the starting point of each car, joint workshops between Porsche Cars GB and the drivers ensured their passion was built-in to each 911. The ideas were then taken forward by the design team at Style Porsche in Weissach and the craftsmen at Porsche Exclusive Manufaktur in Stuttgart.

“Each British Legends Edition is finished intricately by hand in the new Porsche Exclusive Manufaktur workshop. Special features such as the Satin finish black door mirrors, carbon floor mats with Alcantara® edging and a steering column casing in Alcantara® make their first appearance on this 911.”

The 911 Carrera 4 GTS British Legends Edition is on sale from 9 October, priced at £122,376 inc VAT for Attwood Red – add an extra £900 for Tandy White or Bell Blue paint.

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Author: John Glynn

Porsche 991 GT2 RS sets new Nürburgring lap record

Porsche recently turned to local hero, Bedfordshire’s Nick Tandy, to help set a new road car lap record at the Nürburgring. Driving a brand new Porsche 991 GT2 RS, Tandy and colleague Lars Kern broke the established record of 6 minutes 52 seconds on their very first try and went on to set a series of five laps, all below 6 minutes and 50 seconds. As the day wore on, the atmospheric conditions reached perfection just after 7pm and it was VLN driver Kern who ultimately set the new record of 6 minutes 47.3 seconds.

“At the start of the development process, we set ourselves a lap time target for the GT2 RS of less than 7 minutes and 5 seconds,” said Frank-Steffen Walliser, Vice President Motorsport and GT Cars. “The credit for beating this target by 17.7 seconds goes to our development engineers, mechanics and drivers, who demonstrated an exceptionally strong team performance. This result makes it official: The GT2 RS is not only the most powerful, but also the fastest 911 ever built.”

“It’s not just the record time achieved by the GT2 RS that demonstrates the vehicle’s class, but also its consistent performance in every lap,” remarked Andreas Preuninger, Director GT Model Line. “We’re particularly proud of the fact that this was achieved with two different vehicles and two different drivers, as this underlines the GT2 RS’s ability to reproduce this record result over and over again.”

The twin-turbo flat six engine in the new 991 GT2 RS produces 700 horsepower and delivers its prodigious grunt through the rear wheels only. Weighing 1470 kilos with a full fuel tank, Porsche’s most powerful 911 accelerates from zero to 62 miles per hour in 2.8 seconds and on to a top speed of 211 mph. The new GT2 RS has 80 horsepower more than the last model and delivers 750 Newton metres of torque.

The order book for the new 911 GT2 RS has long since been filled and enquiries have already been received at JZM for the cars that will inevitably come to market soon after delivery. Email sales@jzm.south.co.uk if you are considering selling your new GT2 RS, or would like to discuss obtaining one some time in the future.

 

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Author: John Glynn

JZM Porsche Market Report June 2017

Every month has its unique patterns and June is no exception. The majority of activity through late June and early July centres on cars being offered for sale. Owners who are thinking of changing their car in early September set the wheels in motion some weeks ahead, so we are always offered plenty of cars at this time of year.

Water-cooled cars make up the lion’s share of stock offerings, but we also have some very nice air-cooled cars coming through. 993s will be a major theme over the next few weeks, with an in-house 993 Coupe project featuring incredible service history reaching completion, a beautiful Zenith Blue C2S coupe about to touch down and our new RHD Carrera 2S with tuning bills for over £115,000 in its history: a 993 RS in sheep’s clothing.

Other air-cooled cars arriving in July include a perfectly restored early 3-litre 930 in Copper Bronze Metallic, which we are very excited about. All 911 Turbos continue to be pretty good news and we are lighter on Turbo stock than we would like to be. However, really good water-cooled Turbos are not easy to find in JZM condition and we are not going to accept substandard cars just to bolster our numbers.

While we were pleased with showroom activity through June and sold more than twenty cars over the month, we remain extremely selective about what comes in to our showroom. JZM website watchers will note that the high value collectibles have come back with a bang this month, as we added a Mercedes McLaren SLR 722, Carrera GT and a fine GT2 RS to our stock. We have also done well with lower-priced cars in recent weeks, so our entry-level offerings include two immaculate Boxsters and an exciting KTM X-Bow. Some of our older stock has been repriced to offer encouragement and of course we are open to negotiation, including part exchanges.

The market continues to be interesting. Currently, we have three fine Gen II 997 GT3s that may have sold in a day or two twelve months ago, but have now been in stock for almost a week. When benchmark cars such as the 997 Gen II GT3 are seen to stay on the market for a number of weeks, this normally encourages the internet keyboard warriors to predict the end of the bubble or whatever they call it these days. Our view is rather calmer.

A change in the pace of GT3 sales is always worth considering, and it may be that some hopefuls are imagining that the arrival of the 991.2 GT3 will suddenly bring 997 Gen II GT3s crashing down. This is an unlikely prospect.

Our discussions confirm that the 991.2 GT3’s arrival will not be accompanied by a 997 GT3 part-ex surge. We know that 991.2 GT3s will be well over list when they eventually come up for sale as one-owner cars. So, with the market for 997 GT3s of JZM quality unlikely to be heading for oversupply and no other obvious factors set to impact on prices, we expect our cars to sell in quick succession when the buyers come to market.

Summing up market activity for June, our sales show an eclectic mix of water-cooled cars to be used as regular transport – 997 GTS, 991 Turbo S, Cayman S etc – with a smattering of 911 collectibles including 964RS and 997 Gen 2 GT3 RS. We also pre-sold a number of rarities which came in from Far East collections (GT2 RS and 996 GT3 RS), so it is always worth contacting us to discuss cars which may be on the horizon. We expect July and August to be relatively quiet compared to the first half of 2017, with activity gradually getting back up to speed soon after the kids go back to school in September.

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Author: John Glynn

JZM Classic: Porsche 993 C4 restored in-house

We have always insisted on the highest standards for all Porsche cars added to our showroom stock, but when it comes to classic Porsche cars restored in-house, those standards are even higher. We’ve recently completed a detailed refurbishment on this Porsche 993 Carrera 4 Manual Coupe and the car is now in wonderful condition.

As the last of the air-cooled 911s before the arrival of the Porsche 996, the 993 remains very popular with enthusiast and investors alike. This particular RHD 993 Carrera was chosen as the basis of our latest restoration due to its wonderful service history (now on its second service book) and the sure-footed flexibility of the 4-wheel drive chassis, not to mention the factory original Arena Red colour, which has long been a favourite of 993 fans.

The external preparation was entrusted to one of London’s finest bodyshops. Working with the highest quality materials, the paint was refinished to an excellent standard: we are delighted with the stunning end result. The 17” Cup 2 wheels were fully refurbished with new coloured centre caps and are now wrapped in brand new N-rated Michelin Pilot Sport rubber. The original grey leather is presented in super condition and it is always nice to have an electric sunroof. The cabin is simply superb and a perfect place from which to enjoy some European touring.

Mechanically, this car could not be better. To compliment the exceptional bodywork, the 993 received a detailed service including a new clutch, new brake discs all round with new brake pads and sensors, new heat shield to the catalytic converter, many new brake pipes and hoses and countless other minor improvements, before the work was finished off with a full chassis geometry setup and adjust.

More than £10,000 has been spent on preparing this classic RHD air-cooled 911 to the highest standards of retail presentation. We believe that it is now one of the very best examples available. Contact us to book an inspection in person at the earliest opportunity: part-exchange and finance a pleasure.

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Author: John Glynn

Air-cooled Outlaw Porsche 911 ST for sale at JZM

So many modern-day Porsche owners dream of building a vintage air-cooled 911 to deliver the ultimate engaging driving experience, but settling on a recipe for the ultimate early air-cooled 911 is never an easy decision. With so many models and engine options to choose from, it takes an experienced Porsche owner to pick the best base model and select the perfect upgrades which will work in harmony to create the perfect end result.

This Porsche 911 Carrera hot rod now for sale at JZM is a good example of what is possible when a long-time Porsche enthusiast approaches a money-no-object early Porsche project.

Built to the lightweight “modern-RS” philosophy, a smart 1987 911 3.2 Carrera with the sought after G50 transmission and all-important right-hand drive was chosen as a base car for this superb driver’s 911. The car was stripped to a bare shell and professionally backdated to the pre-1973 look. All body corrosion was removed with the shell restored to as-new condition.

The front was converted to a centre-fill fuel tank, while the spoilerless engine cover was fitted with a handmade engine grille. Many parts were manufactured especially for this 911, and the chassis bristles with bespoke fabrication include strut tower reinforcements front and rear and a very tastefully modified electrical fuse and relay layout.

Inside the car, a rear roll cage envelops period Corbeau sports seats are fitted with retractable harnesses. A WEVO G50 shifter selects the gears with pinpoint precision. Brakes have been converted to a non-servo adjustable pedalbox system with the Bilstein dampers supplied to suit the lightweight Carrera.

The lightweight doors are beautifully finished, with the clutter-free dash setting the sports-purpose ethos. Aluminium pedals and footboards with an RS carpet set emphasise the lightweight theme, while the odometer shows 2,200 miles since the car was fully restored.

The story of all great 911s starts and ends with the perfect flat six, and this car is a perfect example. Under the engine cover lies a Redtek-built 3-litre ST-style engine, running modern EFI from a Canems ECU through high-butterfly PMO throttle bodies. The detailed spec is too much to list here, but suffice to say that it is an absolute torque monster! Full engine build sheets are available for interested parties.

The transmission was also completely rebuilt with a new LSD and new synchros throughout. The total bill for engine and gearbox was just shy of £30,000, and building this engine would cost even more at today’s money.

All in all, this is a very special car which must be seen to be fully appreciated and one which would certainly cost more than its advertised price to rebuild from scratch. Contact us to discuss this amazing 911.

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Author: John Glynn

JZM Porsche Market Report May 2017

Here’s our used Porsche market report for last month ahead of this month’s newsletter. Subscribe to our monthly Porsche market report newsletter here.

Trader friends north of the Watford Gap report luxury car sales as somewhat in the doldrums. The Italian stallions seem to be worst affected, with trade activity on Ferrari and Lamborghini at its lowest point all year. Talking to our local traders, the used Porsche market closer to London continues to tick over, but retail buyers are being increasingly particular about the cars they go for.

Our view of the market continues to be optimistic: there are buyers out there for sensibly priced cars in the best condition. During the last thirty days, more than a few Porsches have sold within 24 hours of arriving at JZM. This is not uncommon for us, as we follow the dictum of “buy fair, sell fair, be picky”. We are very careful about what we bring into stock and it is always exceptional.

What’s Hot

A good example was our recent Racing Yellow 981 Boxster Spyder. We collected this car from up north and no sooner had it arrived in the showroom than a deposit arrived over the telephone. A flurry of Turbos also sold within a couple of days, as did a pair of 997 Carrera GTS models. Porsche 997s in low mileage, A1 condition continue to be very good news. We don’t retail the cars known to hold risk of engine trouble, so our 997s are limited to the GT models, GTS, Turbo and Turbo S cars. All of these models remain sought after in good condition, although Carrera GTS is worth a small caution at present.

Porsche 997 Carrera GTS

Some sellers are now asking very high prices for the GTS models, and these overpriced cars are not selling. Dealers with strongly priced examples are paying no more for the cars as trade-ins or cash purchases – we are matching them pound-for-pound on price – but our margins are more in touch with reality. The risk these overpriced cars create is that they will kill buyer momentum and there is a sense of Carrera GTS hovering dangerously close to the top of the stairs, as 993 Turbo once did. Let’s hope it does not trip off the top step.

The 997 Turbo S is tracking in the opposite direction. We have been singing the praises of these cars for months and they continue to sell very quickly when offered in the right condition. Turbo S prices have not yet peaked and may well overtake 991 Turbo S on their travels – the same could also be said of certain other 997 variants. We are happy to buy every 997 Turbo S that fits our stock profile and passes inspection, so call or email if you are thinking of selling.

Boxster/Cayman News

Porsche 911s are not the only fruit: both Boxsters and Caymans sold well through May, with our lovely Guards Red Cayman S selling particularly quickly at a very reasonable £42,900. Our low mileage Cayman 2.9 in Black also sold in a matter of days and we could do with more of those cars. GT3s of all flavours remain sought after and we are keen to stock more low mileage examples.

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Author: John Glynn

JZM Classic Porsche: Superb 1970 911E Coupe for sale

Take a look at this beautifully preserved LHD 1970 Porsche 911E Coupe in Light Ivory which recently arrived at JZM for sale. The history of this car is known from new and it is superb throughout.

This 911 was originally supplied through Porsche of Pleasanton in San Francisco, California. The original owner kept the 911E for more than thirty years, until it was passed to an Air Force Colonel residing in San Diego. In 2012, the car changed hands again and the new owner commissioned a full mechanical and interior re-fresh from respected marque specialists. It was most recently sold to its first UK owner and arrived here on January 1st, 2015.

This classic Porsche 911E really was a dream to inspect and passed our detailed pre-sales checks with flying colours. It has never been welded, it has original factory doors, panels and floorpan. This genuine California car has lived the last 45 years in the perfect west coast climate and it is in stunning condition – a condition that is never seen on European 911s after this length of time.

The car has now been fully prepared for the British climate by means of a thorough waxoyling. We say it of all our cars, but this 911 really does need to be seen to be fully appreciated! Email sales@jzm.south.co.uk to discuss.

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Author: John Glynn

Porsche builds the millionth 911

Porsche has just announced the production of 911 number one million. An Irish Green 991 Carrera S was the millionth Porsche 911 to be built since the model’s introduction in 1963 and the car was instantly transferred to the Porsche Museum collection.

The 911 remains the most strategically important model in Porsche’s entire product range and makes a huge contribution to maintaining Porsche’s position as one of the most profitable car manufacturers in the world. Last year, a staggering 32,365 Porsche 911 models were delivered worldwide and the many model variants satisfy a wide range of sports car buyers who also need a certain degree of practicality.

Unsurprisingly, today’s 911s are vastly bigger than the original cars from 1963, but Porsche insists it has never strayed from the founding concept of its rear-engined sports car. “We have continued to enhance the technology of the 911, refining and perfecting the sports car”, says Oliver Blume, CEO of Porsche AG. “This is why it remains a state-of-the-art and technically innovative vehicle. We have also been able to expand the model line very successfully through derivates.”

Porsche is not selling the millionth 911. The car will eventually take up a position as part of the Porsche Museum collection, but, before that happens, it will embark on a world tour, including “road trips in the Scottish Highlands, around the Nürburgring and in the USA, China and beyond”. What’s beyond China? We are keen to discover.

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Author: John Glynn

JZM Porsche Market Report March 2017

Now that the clocks have gone forward and the bright evenings are with us, we have entered the often-mentioned Porsche ‘season’. Owners of older Porsches have started to get their cars out of storage and use them more regularly, leading to 911s and other classic Porsche models becoming a more common sight on the road.

This increased activity/visibility of the older Porsches has a noticeable effect on the used Porsche market as a whole. With more cars out and about, the unique attractions of Porsche ownership – particularly older models – are brought to the fore and enquiry levels at independent dealerships increase. This is when we begin to see the trends for demand (and therefore prices) emerge for the year ahead.

Enquiry levels through February and March prove that the market remains in good shape. We’ve welcomed a steady stream of potential buyers and feedback on condition of our stock and asking prices has been very positive. Many cars have sold within hours of arriving at JZM and regular visitors to our all-new website will have noticed a considerable intake of interesting and highly collectable Porsches through the winter months. With so much attention on collectable Porsches during the ‘off-season’, it is easy to forget that the majority of owners buy their Porsches to drive them.

Porsche cars for driving remain in strong demand. Recent weeks have brought many quick sales for a variety of drivers’ cars, including a Gen 1 997 GT3 RS prepared by JZM for track use that had enjoyed track days all over Europe (and will continue to do so), a well-specced Cayman S manual in rare Rhodium Silver and a trio of smart Porsche Cayman Rs. Also sold in short order was a perfect 991 Carrera GTS manual in Lava Orange, the beautiful Porsche 356 ‘Outlaw’ Coupe and a pair of 997 Turbos, one of which had been tastefully modified here in the JZM tuning workshops with KW 3-way adjustable suspension, upgraded exhaust and an RS flywheel and clutch.

We find that cars which have been modified with care and attention using quality parts continue to sell well. JZM offers only the best quality aftermarket Porsche tuning parts, guaranteed to improve performance over a standard car. Parts of this quality tend to be quite sought after by keen drivers, so cars with average mileage offered with these modifications usually sell for higher prices than standard cars – quite a different situation to low mileage cars, which do better in factory spec.

The rising prices for low mileage cars have caused many owners of average mileage examples with interesting modifications to return their cars to standard, which generally makes them less interesting to drive and can keep the cars in the garage. This approach is unrewarding on a number of levels: cars that do not get used can cost more to maintain.

It is always better to use and enjoy Porsches with average mileage and if that means leaving aftermarket upgrades in place for a better drive, then owners should do that. Any price rise for a standard-ised car may be completely wiped out when potentially paying additional maintenance for lower use. “Drive and enjoy” remains the best philosophy.

Regarding what’s hot and what’s not, air-cooled enquiries have definitely picked up with the arrival of spring and we have sold some great air-cooled 911s this month, including our low-mileage Speedster in Black, 964RS in Silver, the Falsen Green 930 Flatnose and a beautiful 993 Carrera 4S in Violet Metallic. We still have some very interesting air-cooled cars in the showroom and all have strong enquiries listed against them.

We have enquiries on file for most water-cooled 911s, so many of these cars sell as soon as they pass our inspection and before they are advertised. Recent low-mileage sales include a superb Gen II 997 GT3 Clubsport with less than 12k miles, which had a number of names against it before it arrived. The car was offered to existing enquiries in order and the first potential buyer snapped it up.

Elsewhere in GT3s, the Gen 2 991 GT3 announcement generated some interesting phone calls and discussions about brokerage deals to raise cash for a GT3 order. The reality is that 991.2 GT3s will be just as hard to order as Gen 1s, so make sure you have a confirmed order before selling the car you already own. Buying a Gen 2 GT3 in the hope of securing a place on the list for the next GT2 may not be enough to guarantee a spot: Porsche simply will not make enough cars for those 911s to be offered to the regular man in the street (including us – we share your pain).

All water-cooled Turbos remain in demand and we have RHD 996 GT2 and Clubsport and even a RHD 997 GT2 RS coming in. All of these cars have enquiries listed against them and will probably sell to clients who have waited patiently for the right cars to come up. Really good 997 Turbo manuals are still in demand and Turbo S 996 or 997 are also excellent news. We are buying as many of these cars as we can find that pass our pre-sale inspection and outbidding all other dealers, so contact us if you have a car available.

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Author: John Glynn

Porsche 911 Turbo Flatnose (930) for sale

Born of the Porsche 935 racing prototype which dominated motorsport for many years after its introduction in the mid 1970s, the flatnose was the rarest 911 of them all: a symbol of true wealth and power. While the styling eventually slipped out of fashion for a time, a proper flatnose Porsche 930 Turbo is now regarded as a truly iconic machine.

The latest Flatnose Porsche 930 Turbo to grace the JZM showroom is this beautifully presented 1986 example in rare Falsen Green Metallic. With just 30,000 miles from new and benefitting from a recent high quality repaint costing over £12,000, the flat six powering this stunning flatnose 930 has been professionally upgraded to include a double-size twin-element intercooler, an uprated wastegate and fuel system to accomodate higher boost pressure and a twin 100mm outlet sports exhaust system for extra oomph.

The legendary 930 brakes have also been modified utilising later larger calipers. The car is fitted with an internal brake balancing system that can be operated from within the cabin. A 40% Limited Slip Differential helps to keep this powerful 911 on the straight and narrow.

Priced very attractively considering the excellent condition, comprehensive maintenance history and substantial recent investment, this unique RHD flatnose 911 Turbo is available for immediate delivery and long-term delight from JZM Porsche. Email JZM Porsche Sales to discuss.

Date:
Author: John Glynn
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