A youngtimer is a car that is not yet old enough to be considered an oldtimer (classic car), but it has reached a certain age and is desirable among collectors and enthusiasts. Although there is no fixed definition for what constitutes a youngtimer, they are generally considered to be cars that are at least 20 years old but not yet 30 years old. Oldtimers, on the other hand, are typically vehicles that are over 30 years old and in their original condition. Antique cars need to be at least 45 years old, although this can vary from country to country. Pre-war cars cover the years from 1919 to 1930. 
 
Such cars are very popular in Europe and North America. Since they are considered collector's items, insurance premiums are usually lower compared to modern cars, even though they can be more dangerous to drive. 
 
High return potential 
Automotive investments have achieved an average annual value appreciation of over 11% over the past 10 years. 
 
Rarity 
In the past, these cars, which are now in great demand, were built very little. For example, only 1400 examples of the legendary 300sl Gullwing were built. According to the Knight Frank 2023 index, classic cars have seen significant appreciation, with a 185% increase over the last decade. 
 
Market Growth 
Statista estimates the global classic car market revenue to be 30.9 billion U.S. dollars and its expected growth to be 8.8 percent annually until 2024.

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Splint Invest Platform Fee 
Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
 
External maintenance costs 
We are committed to providing the highest standards of storage, maintenance and insurance of your equipment on your behalf. The associated costs will be shared between the splint holders and included as an ongoing cost in relation to each asset. So if you own 1% of the car, your splint account will be charged 1% of the associated costs. Further details and breakdowns are listed in the factsheet for each investment. 
 
Exit fee 
When you sell an investment, you will be charged a flat fee of 2% of the transaction volume. This includes our expenses for sales on the secondary market, our costs for maintaining this market and our organisation of an asset sale at the end of the contract.

“The 997 Porsche Turbo is a standout choice for those considering an investible classic car. Its more advanced features and historical significance, being among the pinnacle of water-cooled turbos, combined with attributes like a rare manual transmission and well-preserved condition, make this 997 Turbo a promising candidate for appreciating value.” - David Spickett, CEO of TheCarCrowd 
 
 
Why the Porsche 911, 997 Turbo? 
 
Cutting-Edge Engineering 
The Porsche 997 Turbo epitomizes the pinnacle of engineering excellence from the renowned German automaker, Porsche. 
 
Exceptional Performance 
Powered by a refined second-generation water-cooled, twin-turbocharged 3.6-liter flat-six engine, the 997 Turbo delivers remarkable horsepower and torque, elevating its dynamic capabilities. 
 
Superior Handling 
With acceleration from 0 to 60 mph in under 3.7 seconds and a top speed exceeding 193 mph, the 997 Turbo demonstrates outstanding performance, supported by its all-wheel-drive system and sophisticated suspension for unparalleled handling and stability. 
 
Distinctive Design 
The visually striking design of the 997 Turbo, characterized by its broad rear fenders, unique rear spoiler, and enhanced front air intakes, not only enhances its sporty appeal but also optimizes aerodynamic efficiency and cooling. 
 
Luxurious Interior 
Inside the cabin, the 997 Turbo offers a luxurious experience with high-quality materials and cutting-edge technology, ensuring comfort and excitement in any driving scenario. 
 
Proven Legacy 
Celebrated for its superb performance, precision handling, and practicality for daily use, the Porsche 997 Turbo remains a favorite among car enthusiasts and collectors. 
 
Compelling Investment 
Following the trend of appreciation in value seen in earlier Porsche Turbo models such as the 993, 964, and even 996, the 997 Turbo stands as a compelling investment opportunity. Its evolution within the water-cooled Porsche lineage adds to its desirability, and as the last of the famed Mezger Engined cars, it holds significant historical significance within the Porsche legacy. 
 
Why this 997 Turbo? 
 
Impeccable Maintenance Record 
This specific 997 Turbo model features a sleek Meteor Grey Metallic exterior and a luxurious Black Hide Leather interior. It has undergone meticulous servicing, boasting a complete documented history that includes the original bill of sale, main agent service invoices, and the owner's book pack. 
 
Comprehensive Detailing 
Additionally, this 997 Turbo has recently undergone a thorough detailing, including a four-corner wheel refurbishment, ensuring its pristine condition. 
 
Alignment with Investment Thesis 
The 997 Turbo perfectly aligns with TheCarCrowd investment thesis. As an iconic poster car of the late 2000s, it offers blistering performance, iconic styling, and the engineering excellence of a water-cooled Porsche Turbo, indicating strong potential for appreciation. Its track record of year-on-year (YOY) appreciation since 2018, coupled with the significant growth in value of earlier 993 Porsche Turbos, presents a compelling case for investment. 
 
Well-Documented History 
This specific 997 Turbo has led a well-loved and well-documented life, with religious maintenance performed at all the key intervals, ensuring its longevity and value retention. 
 
Ideal Mileage 
With an average mileage of approximately 4,000 kilometers per year over its 16 years of existence, this particular example boasts true investment mileage. Its comprehensive history, fully documented at key intervals, further solidifies its investment potential. 
 
Strong Performance 
Past performance data indicates the Porsche 911 997 Turbo has seen impressive growth, with a 49.11% increase since 2018, resulting in a YOY return of 9.82%. The growth has been particularly notable in recent years, with a remarkable 13% YOY growth observed between 2020 and 2023.

The price of 94,400 € includes the Splint Invest platform fee and external maintenance costs of 8,200 €. 86,200 € can be allocated to the asset. 
Platform Fee Splint Invest: Compensation for the tokenization of the assets, the maintenance as well as the further development of the application and the costs related to the research and maintenance of the expert network. 
External maintenance costs: Shipping, handling, 4 years storage, and insurance.

Variable Costs

BOXEDclassics, East Midlands, England

40904_Porsche 997

Porsche 911 997 Turbo has seen a 49.11% increase since 2018, resulting in a YOY return of 9.82%. 
 
The growth has been particularly notable in recent years, with a remarkable 13% YOY growth observed between 2020 and 2023.

Return

The Knight frank 2023 index shows that classic cars have appreciated 185% in the last decade and 25% in the last year. In the last 10 years, only beaten by rare whiskey; classic cars are consistently in the top 2 highest performing luxury asset classes. 
 
With an average mileage of approximately 4,000 kilometers per year over its 16 years of existence.

Stability

This is the last of the famed Mezger Engined cars which holds strong significance in Porsche history.

Porsche 911, 997 Turbo

Founded in 1931, Porsche has evolved into a coveted collector's brand, harking back to the iconic Porsche 356 of 1948. Its evolution within the water-cooled Porsche lineage adds to its desirability, and as the last of the famed Mezger Engined cars, it holds significant historical significance within the Porsche legacy.

Track Record

The mission at TheCarCrowdis to give investors across the globe the opportunity to invest in one of theWorld’s fastest appreciating asset classes.

Investment in classic cars is an effective way of diversifying a portfolio, indicated by fact that 81% of ultra HNWs have at least 1 alternative asset such as classic cars within theirportfolio. The Knight frank 2023 index shows that classic cars have appreciated 185% in the last decade and 25% in the last year. In the last 10 years, only beaten by rare whiskey; classic cars are consistently in the top 2 highest performing luxury asset classes. 
 
However classic cars as an asset class is not as widely adopted as it should beas a diversification technique. Only 13% of mass affluent investors (mainstream) have any form of classic car investment in their portfolio due to the perceived high barriers to entry including:

<ul>
	<li>Lack of awareness of the category,</li>
	<li>Skill and experience in selecting the right asset,</li>
	<li>Access to acquire the right assets,</li>
	<li>Space to store, experience and resources to maintain the vehicle,</li>
	<li>Capital available to buy the whole car,</li>
	<li>Lack of awareness of regulated platforms to enable fractional investment.</li>
</ul>

But the business case for this asset class is proven. The mission at TheCarCrowd is to give investors across the globe the opportunity to invest in one of the World’s fastest appreciating asset classes. 
 
TheCarCrowd is enabling investors to diversity within the category with cars from the 1960s classics to modern day supercars. 
 
With some vehicles achieving more than 38% in a single year and 20% acrossthe portfolio, TheCarCrowd has&nbsp;been able to give investors strong returns so far from afully asset backed investment.

&nbsp;

TheCarCrowd

CEO &amp; Co-Founder 
 
David is the complete petrol head, helping his dad build a Westfield at just 14, he has been buying, building, and selling cars ever since. He has also built a successful career in senior technology management working with Mckinsey, Capgemini and Unipart. More recently he led and grew a successful global finance business. 
 
David has combined his passion for cars, with his years of experience in finance and asset management to create the CarCrowd. He and his team are on a mission to bring people closer to the cars of their dreams.

This is an investment opportunity where we have recalculated the expected performance given by the external expert (TheCarCrowd) and have thus verified that a positive return can be expected after deduction of all costs for storage and insurance.

Furthermore, we have verified the existence, the professional storage and the insurance of the vehicle.

Porsche 911, 997 Turbo

Asset's Life Cycle Details

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Date of issuance (launch)

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Documents

Aurelio

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