Used 991 purchase
#1
Rennlist Member
Thread Starter
Used 991 purchase
I’m looking for some input on my planned purchase of a 991. First off, I would like to to stay under 65k, but would go a bit higher for the right car. If I waited until early fall would I find that prices would come down? Also, with the 992 model coming out, would it be expected that 991 prices would fall some since it will be the old body style?
I plan to get CPO. To me, paying a bit more for the car is worth the piece of mind. I’d like to buy soon, but I am more than willing to wait for the right car since this won’t be my daily driver.
Any advice is appreciated
I plan to get CPO. To me, paying a bit more for the car is worth the piece of mind. I’d like to buy soon, but I am more than willing to wait for the right car since this won’t be my daily driver.
Any advice is appreciated
#2
Rennlist Member
if you can bump up to the low 70's you can find really nice C2S's. Can't speak about the 992, but from what I have seen 991.1 prices have stayed pretty steady over the last 3 years. I bought my CPO car for 82k 3 years ago C2S with 123k MSRP. Similar cars today still sell around 77-80k.
#4
you will not find good 991 for under 65k... you are lucky if you can find one for under 75k with CPO.
I bought mine 2014 c4s CPO with good option for 85k few month ago... it was not easy for me to find for any lower...
and 991.1 price won't significantly drop with 992 in present .
I bought mine 2014 c4s CPO with good option for 85k few month ago... it was not easy for me to find for any lower...
and 991.1 price won't significantly drop with 992 in present .
#5
Rennlist Member
you will not find good 991 for under 65k... you are lucky if you can find one for under 75k with CPO.
I bought mine 2014 c4s CPO with good option for 85k few month ago... it was not easy for me to find for any lower...
and 991.1 price won't significantly drop with 992 in present .
I bought mine 2014 c4s CPO with good option for 85k few month ago... it was not easy for me to find for any lower...
and 991.1 price won't significantly drop with 992 in present .
If you look at prices for 997.2's you will notice that they have bottomed out at around 50-60k price range. so 991.1's could have a bit more to go with the release of the 992, but it won't be more than 10-12%. Buy the car you want now, so you can enjoy it. You most likely won't be saving more than 10-15% versus waiting and surely won't save that much if you wait until the fall.
#6
From what you are saying, it supports my findings that 991.1 pricing has essentially bottomed out in the 70's assuming under 30k miles. My buddy sold his 991.1 C2S for 65k, but he had about 40k miles and obviously no CPO.
If you look at prices for 997.2's you will notice that they have bottomed out at around 50-60k price range. so 991.1's could have a bit more to go with the release of the 992, but it won't be more than 10-12%. Buy the car you want now, so you can enjoy it. You most likely won't be saving more than 10-15% versus waiting and surely won't save that much if you wait until the fall.
If you look at prices for 997.2's you will notice that they have bottomed out at around 50-60k price range. so 991.1's could have a bit more to go with the release of the 992, but it won't be more than 10-12%. Buy the car you want now, so you can enjoy it. You most likely won't be saving more than 10-15% versus waiting and surely won't save that much if you wait until the fall.
may be it will change but you are comparing apple and orange. 997.2 had same engine as 991.1. but 991.1 and 992 will be totally different car.. not gonna argue N/A vs Turbo. but it is different market.. it may fall 10% or may be 5%..
He is looking for a toy, instead of daily driver, so he should get what he can afford.. and I don't think 65k to 70k isn't great starting point if he is looking for a good condition well equipped car ,.
#7
Rennlist Member
Thread Starter
Thanks for the input. Sounds like so far that most have thought that prices won’t drop that much when 992 starts to roll out and that winter prices won’t drop significantly. From the cars I’ve seen so far, it seems my price range will really only include the base carrera unless I go older or higher mileage. I’d rather have nicer non S. I’ve been playing with the Porsche locator for a while to get an idea what dealers are asking for their cars and to try get an idea of what’s out there
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#8
Hang with it. Save a little more and find a low mileage CPO base 991 Carrera. It is the total experience.
I bought a 2014 base C4 with 7.5k miles a year ago and paid $80k. Worth every penny, but I was willing to get any color. It took a month to find.
The CPO is very important for piece of mind and you need that getting into an expensive relationship with Porsche.
Figure out what you must have and go from there. Get only the options you must have. For me I needed low mileage, PDK and AWD, anything else was up for discussion.
I bought a 2014 base C4 with 7.5k miles a year ago and paid $80k. Worth every penny, but I was willing to get any color. It took a month to find.
The CPO is very important for piece of mind and you need that getting into an expensive relationship with Porsche.
Figure out what you must have and go from there. Get only the options you must have. For me I needed low mileage, PDK and AWD, anything else was up for discussion.
#9
Rennlist Member
If you can deal with a few miles, you can even find a base 991.2 in the mid 70’s with CPO. Good thing is way more years for that warranty, and some bits are newer and that torque! But, the sound could be better.
I agree that the 991.1 is a great jumping in point too and those can be had with some shopping.
The biggest challenge is that you’re buying in peak time of the year. Post summer or in the winter you do have substantially more leverage, but then you’ve missed a few months of great driving.
I agree that the 991.1 is a great jumping in point too and those can be had with some shopping.
The biggest challenge is that you’re buying in peak time of the year. Post summer or in the winter you do have substantially more leverage, but then you’ve missed a few months of great driving.
#10
Burning Brakes
Hi. Too bad you didn't post 10 days ago. My best friend just traded his 2013 C2 Cab with 47k miles on it for a 991.2. It was absolutely beautiful. I had installed Sharkwerks xpipes and it had S Porsche tips. We had also just ceramic coated it. It had new rear tires and a recent 40k service. They gave him $52,500 for it. It is selling with CPO (~$2600 for them) and their prep department usually charges between 1400 and 1800 to ready it (It didn't need all that though). Oh and I had just changed the rear brakes with Porsche pads. They are now asking $65K for it I think. He also had done a recent Blackstone and it was great.
Apparently they too think they can get mid sixties!
Apparently they too think they can get mid sixties!
#11
Since this won't be a DD, that means that you are in the "want to buy a car" rather than the "have to buy a car" group. That gives you more time and power in the negotiation. I was in the same boat when I purchased a 2015 CPO base Carrera C2, PDK, 20" Carrera S wheels, NAV, sunroof and heated seats (15,000 miles) in NJ for $70K in Feb of 2017. I'm guessing the dead of winter was a pretty good time to buy. Like you, I wanted the CPO just to know that I wasn't headed for a disaster anytime soon. Keep looking, you will find it.
As for options, I'd love to have a fully optioned car, but honestly, driving is more fun that looking at dials and listening to an expensive radio. This is my first Porsche after a couple of M3s so I now have some stuff to look forward to.
As for options, I'd love to have a fully optioned car, but honestly, driving is more fun that looking at dials and listening to an expensive radio. This is my first Porsche after a couple of M3s so I now have some stuff to look forward to.
#12
I shopped for over two months, I wanted a 991.1 c4s with under 20k miles and cpo. I tried to find a deal could not find anything for less then 79k. If they were less it was either a fleet car, very high miles, or salvage title, etc.. I ended buying a cpo car from a local Porsche dealer with 24 k miles, one owner car, perfect car fax. for 79,500. they hold their value that's for sure. it is worth spending the extra cash for a solid car.
#13
991.1's have been holding very steady, even actually increasing since the .2's came out. Which is the market telling you how the 992 will affect the car. In that, not much. .1's I don't think will ever depreciate too much, and whatever they do, will be less than the models that follow it (as pointed out above, .2's are starting to already reach years older .1 prices). IMO, the 992 will affect the 991.2 prices a bit (as expected, and normally goes when a new body 911 replaces an old one that shares its same basic drivetrain), but the .1's and 997.2's will be more "protected" for obvious reasons.
The search for a .1 is both exhilarating and frustrating. A mix of wanting a good deal on a newer car that should be in the thick of its most intensive depreciation period, and appreciating/feeling like you're searching for a modern classic in how hot the market continues to be, how even expensive models that are well equipped get snapped up in minutes (from dealers who won't negotiate.... ask me how I know). The free market reception and action to and with the car is a testament to it. You may pay up, but that's most likely a signal as to how well the cars value will be maintained in years to come, and how enthusiastic its following is.
I almost gave up my search out of sheer frustration, then stumbled upon an amazing deal, which I had to fly across country (then get it shipped home) to secure. I had to give up on some of my "mandatories" (such as no sunroof, manual, etc.) and widen my horizons. Very glad I did. Remain diligent, the good ones get snapped up QUICK, so be willing to act. And if you're really serious, look at the whole country. This after all is an important purchase and being an enthusiast, some travel is more than worth what will be many miles of joy. They do pop up. Also, I would definitely recommend a good example base over a higher mileage/less desirable build and/or condition S.
The search for a .1 is both exhilarating and frustrating. A mix of wanting a good deal on a newer car that should be in the thick of its most intensive depreciation period, and appreciating/feeling like you're searching for a modern classic in how hot the market continues to be, how even expensive models that are well equipped get snapped up in minutes (from dealers who won't negotiate.... ask me how I know). The free market reception and action to and with the car is a testament to it. You may pay up, but that's most likely a signal as to how well the cars value will be maintained in years to come, and how enthusiastic its following is.
I almost gave up my search out of sheer frustration, then stumbled upon an amazing deal, which I had to fly across country (then get it shipped home) to secure. I had to give up on some of my "mandatories" (such as no sunroof, manual, etc.) and widen my horizons. Very glad I did. Remain diligent, the good ones get snapped up QUICK, so be willing to act. And if you're really serious, look at the whole country. This after all is an important purchase and being an enthusiast, some travel is more than worth what will be many miles of joy. They do pop up. Also, I would definitely recommend a good example base over a higher mileage/less desirable build and/or condition S.
#14
Rennlist Member
yeah you need at least $70 to get into a low miles with decent option 991.1S and CPO-ed
I have seen few 2012.5 with 50k or more miles CPO for $69k....but not during the summer rush when everything is more...you might have better luck if you wait till Nov-Jan
I have seen few 2012.5 with 50k or more miles CPO for $69k....but not during the summer rush when everything is more...you might have better luck if you wait till Nov-Jan
#15
Rennlist Member
Thread Starter
K-A, your car is gorgeous. I’m open to manual or pdk. I prefer to drive a manual, but pdk has some advantages as well. I’m not picky about options and I ‘m good with most colors. My search area is wide. I’d prefer for the car to be within 10 hours, but I don’t have a problem with shipping a good car.
Another question to ponder. Would an older higher mileage S or a newer base model hold its value better. I will probably keep the car about 2 years then, buy something different.
I truthfully care more about the difference between what I purchase the car for and what I sell it for more than actual purchase price. If I could convince myself that it might somehow cost me less in the long term to pay more up front, then I would do that, but that doesn’t seem all that likely to me. Maybe I’m wrong?
Another question to ponder. Would an older higher mileage S or a newer base model hold its value better. I will probably keep the car about 2 years then, buy something different.
I truthfully care more about the difference between what I purchase the car for and what I sell it for more than actual purchase price. If I could convince myself that it might somehow cost me less in the long term to pay more up front, then I would do that, but that doesn’t seem all that likely to me. Maybe I’m wrong?