Very interesting data.I've owned both gen and gen 2 991 turbo s. Honestly looking whats happened to US prices astonishing its certainly not a ROW phenomena and I'd just keep the gen 1 for now. We're heading into a global recession and those prices IMO show there is too much QE money chasing too few goods especially in the US. It may reverse sharply by end of Q1 2023 as higher interest rates bite.

 

Based on this post, I got a great deal. 👍🏻

 

As long as they don't go below the levels I purchased my 17' TTS in Sept. 2020, I'll feel good about things.

However, with the looming recession they could go lower unfortunately.

I've put around 10k miles on mine though, so that'll factor into things.

 

you have to drive it! Otherwise why did you buy it????

 

Oh, don't get me wrong. I DRIVE it. Given my time off vs. my drive time. ( I have a take home work vehicle, so none of my Vehicles get driven daily. Only on off days for pleasure.)

I split me mountain / fun driving between my TTS and my S2K. Then my truck gets driven when needed.

I just meant, I'd love to have the 991.2's remain about what I paid. The idea of not losing money to drive such an amazing car is amazing to me.

We'll see what happens to the economy though.

 

Still happy with my deal. Paid $152k for a nicely loaded 2017 Turbo S, with clear bra, radar, bunch of extras and a nice set of 21" HREs with new tires in addition to factory wheels with new tires. Car had 33k miles on it, just hit 41k this week. Had it since July 1st.

 

 

If you are worried about "values" then you can't afford the car. Cars are liabilities (and so is the house you live in). Don't get me wrong, it's nice to purchase cars that do a better job with their value but at the end of the day it's a depreciating liability in most economic climates...

 

That’s just an opinion (subjective). Not a hard and fast fact.

Some folks are wired differently and just like to keep up with values and trends for many reasons.

you don’t have to be so rich that you’re just not concerned about losing money, to own on of these. I’m a police officer that has worked a **** ton of overtime and extra duty jobs to pay for my dream car and others. All of my vehicles are paid for, but that doesn’t mean that I make or have the kind of money to just not worry about what they may sell for someday if I want to change vehicles, or just simply sell it.

 

Having recently bought a 991.2 TTS and 992 TTS, I think I bought them at a good time and at good prices. Inflation will tend to prop up the values of these cars, as will Porsche MSRP price increases. However, if we're hit with a substantial recession - and my guess is that we will be within the next year - I expect that will bring down the prices of these cars somewhat. As the cars get older and accumulate miles, they can be expected to depreciate, though if the new cars go hybrid and become heavier and more expense, I think that will tend to prop up the values of the non-hybrid cars.

They're really fantastic cars, and for me the best thing to do is to own them for a long time and drive them, and to expect them to depreciate. Even if the value seems to hold steady, the value will actually be dropping when you account for inflation, plus you're paying for maintenance, insurance, etc., so I think it's not realistic to expect to own these cars 'for free'.

 

Assuming that you're anonymous on this forum, would be very interested in your thoughts on speeding on public roads in these cars. I'm very careful on public roads, and always adjust my driving to sight distance, but it seems impossible for someone going for a spirited drive in these cars to not sometimes go way over speed limits.

 

Would be happy to chat in PM or text / phone...

Let's just say, I've not always been a "cop". lol.
I'm quite FAR from your stereotypical one.

 

I paid prob a little too much for mine, but, I plan to keep it at least 5 years, if not more as I'm not a huge 992 fan and have performance mods plans incoming later this year, but I think given my options list and color combo and very low miles (had less than 9k on it, it's an '18 TT), that seems to be pretty much the deciding factor on pricing a lot of times for these. Also factory/dealer-only service records, which mine has.

But, look at the 991.1/2 GT3 market- cars around here are going for anywhere from $25-40k less (dealership prices too!) just from last fall. That bubble was always going to burst though, and they'll keep coming down.

 

Just my $0.02, but high net worth is not mutually exclusive with sensible financial risk management - some of us got to where we are *because* of sensible financial risk management. I avoided McLaren but not because I couldn't afford it - the fall off in value for McLaren is *stunning* - there is probably a reason for that.

If you wanted a gauge of Porsche value, look no further than what older generation 911s are selling for these days - the brand and its reputation speak for themselves. That said, resist the urge to save it for someone else - enjoy all the time you can with it, while you still can.

 

Yep, a lot of people who came into money quickly and spent it without a sense of restraint wound up broke.

I'm interested in buying a McLaren, but would buy a used one and will likely wait until prices are lower, which may be during the next recession. I have no interest in taking a big depreciation hit.