thedude abides

I'd call a 30% increase in used car prices (more for some like Porsche) year over year "high".

Sure, it's great that our Porsches are selling for much more now than 2 years ago, but it's "sell high, buy high" right now. Same is true with the value of my home. It's increased in value so much over the past 3 years that I could not afford to move back into my same neighborhood if I sold it right now--brutal!

In the end though the value of something comes down to what a person is willing to pay for it and right now, it seems a lot of people are willing to shell out a lot of $$ for used Porsches and pretty much everything else.

PhillyNate

I completely agree with you and said as much in my disclaimer. It’s a catch 22 for sure if you want to continue with the brand.

thedude abides

I was mainly responding to your question of "what is high in this current market"?

But yes, certainly a Catch-22 situation right now.

EJR2

I have been watching the 981 GTS market closely. Most cars out there are listed around $70k with some up to $75k. I think if you aren’t looking to sell in less than a week, you should be able to get $65-$67.

txbdan

Vroom offered $45k for my 2014 Cayman S PDK Sport Chrono w/ 24,500 miles. Not that great an offer. I'm glad it was an offer I could refuse. hah

ICNU

That's actually a great price considering that model year was selling private party in that range, and in the 30s for dealer trade in prior to Covid. The car is now 1.5 years older, so getting essentially private party value on an even older car today from a wholesale buyer is a great deal assuming you dont want to buy something else with the proceeds.

The question is whether these artificially high prices are going to reset as the new "norm" and slowly depreciate back down as if it was always this way, or if these cars are suddenly going to drop back to the 35-38K price they really would be getting right now under normal circumstances and give the guys that bought now a huge hit in depreciation?

The OP here has a GTS and those were already bringing a crazy 10K more than the S models were on the used market for some strange reason that makes no sense to me since its just an options package and not a GT model or different car at all, so I assume that same delta or more applies today. Like you, I have a 2014S with SC and I would consider 45-50K a fantastic deal if I were selling right now, especially if all I have to do is get a check and walk away without dealing with the public

kisik

I am also actively looking for ideally treck prep 981. I have been watching daily and see those unrealistic pricing are coming down. More and more you will see "reduced price". Some CPOs real low mileage cars are around $60k

johnkuz

Well it sold. For those following the thread 68.5k was final price. Time to go find a new car now. Need one with a back seat.

Cayman7

Congrats, that's awesome, but I'm a little confused. When I looked at your listing you were asking $65K, weren't you?

johnkuz

Started at 69.9. Dropped to 64.9. 3 bids and back up it went. He really got a great car.

kisik

Congats of cause. But can someone educate me? Why spend so much that is so valuable? I can get clean CS with 15k mi for say $54-56k (I mean real clean) and add sport exhaust for $2k and flash with COBB to get GTS map.

Jason C

I have a clean CS with all the GTS options and I still lust for the GTS and I don’t know why.

crazeazn

I like the front bumper body kit. lol.

Honestly, I'm steered more toward GTS bc its more likely to have PTV.

993Guy

If you can get a really clean, low mileage, well equipped CS for 55K, I think that's a deal in the market. I have one with all the OEM performance goodies (SC, SE, X73, PTV), etc. and 16K miles, and I would not let it go for that right now.

OP, congrats on the sale.

Noah Fect

The real engineering at Porsche happens in the marketing department.