Looking at a high mile 991.1 it is a base model but has sport chrono which is a plus. Car has 80k miles and all service done.
Thing is its under $50K. Should I pull the trigger on a high mile 991 or wait until next year when the 992 comes out?
Do you see prices for decent mile 991.1 go under $50K next year?

 

A base model with 80K should be a lot under $50K. You can get an S with half the miles for $10K more.

 

I bought a nicely loaded well cared for 2013 C4S PDK with sport chrono PDCC and more (MSRP $128k) and 70k miles for $55k about 10 months ago. Loving every minute! Plus I don't worry about driving it in the rain, washing it all the time, etc. Its my daily driver.

 

Good evening, I'm not following this logic. Were you thinking of trading the 991.1 pretty soon down the road? If money isn't an issue and you want something now get a 991.2 S. Life is short. There is a pretty big difference between a 991.1 Base and a 991.2 S, I'd be surprised if the 992 Base is that much better than a 991.2 S.

 

Not thinking of selling it, just worried about resale later when it has over 100K. Wish I knew how to get a 991S or a4S for under $60K. I have been looking for a while now and the S models all are $60K and above.
So any worries of the higher miles? Should I wait it out until next year and get a S vs base?

 

I just bought a 2013 C2 with 38k miles sport chrono, heated cooled seats, PDK, even PSE. for $54k. Best part it still has a CPO on it til next March. I also bought an extended warranty, because the CPO just covered $6k worth of repair. That is also something that you should consider on an older car with no warranty. These are awesome cars but they can be expensive to repair.

 

Not sure I'm following your logic. If money is the issue a 992 any level is going to be over $100k. If you are just trying to fill time in till new cars arrive then getting any car with 80 k miles will take a hit 12 months down the road. If you are looking for a keeper for under $60k shop private sale 991.1 for the lowest mileage car you can afford. A well maintained car will run for many more miles but you are on the hook for all the maintenance.

 

The logic is my budget is $50K-$55K for a 991, don't want to pay $100K for a 992. I'll wait a few years and jump to a 991.2 once depreciation kicks in.
So trying to find a car that fits my budget. As far as warranty goes thats a plus on these cars. Cant seem to find a 2012-2013 CPO car under $60K where good places to look
other than cars.com, autotrader, cargurus, ect...

 

I'm guessing the 991.1 depreciation is going to stay slow since it's the last NA standard 911, kind of like cayman 981 going up in value. I think you're going to be way better off spending a bit more to get a lower mileage example, the depreciation will fall off a cliff taking it to 6 figure mileage.

 

https://nationalpreownedporsche.com

 

 

Resale value will go down on ANY car, regardless of mileage. It won't accelerate after you go over 100k. In fact, if you had a 150k mile 991 Base, I bet someone would still pay mid 30's for it if the car were in great condition. Heck, a 997.2 C2S would probably fetch close to that with 150k. If you paid top dollar for a 10k mile 991 base and put 70,000 miles on it, you will see much more depreciation.

The best way to do this: research stuff on cars.com, and see where similar builds fall in (comparable years of course) at various mileages. I have found that for cars under 20k, the first 20,000 miles is worth about $5-7k per 10k miles driven (let's say, low mile 991 base with 6,000 miles). After 20k, the depreciation levels off to around $3,500 per 10k driven, and above 40k, it flattens out to <$3k per 10k driven. After 60k, it gets even flatter: The price difference between a 60k mile base 991 and a 100k mile base 991 isn't $12,000, and if a 150k mile base 991 could be found, it certainly wouldn't be $27k cheaper than the 60k mile car. Probably more like 18-22k cheaper. With that said, higher mileage, out of warranty cars can expect higher maintenance costs. If you get one of those 4 year, 150k mile warranties for not too much, you are probably going to come out ahead. They figure most people who own 911's aren 't driving them 25k a year and the warranty is priced accordingly.

We found that a well-kept, higher mile 991 (especially one from a dry state, which keeps the paint in great shape!) is a much better value than a low mile car. Certainly, mileage "bothers" some people: they just want a low mile car, but there is no basis for that aside from existing prejudice. A higher mileage car, on average, is cheaper to own than a low mile car, assuming average or better reliability. Obviously, if you have an unreliable expensive car, there could be exceptions (Range Rover?) .

I look at mileage as I look at clarity in diamonds: many women are VERY disturbed by a diamond that grades out at SI1 or even VS2, even though those inclusions are typically not visible to the naked eye, and never have an effect on light performance. Yet, they will pay top dollar (and sacrifice other aspects such as size and color) just to get that "mind clean" diamond. Never mind that nobody without a loupe knows the clarity of their stone, and unless they walk around with their AGS cert, nobody will ever know what the clarity is. So, they pay a lot (some would say overpay) for a diamond that grades out at VVS2 or better, and for the same price, get a 2ct J instead of a 3ct I stone. Most everyone else would look at the 3ct with the better color, say "I can't see the inclusion without a loupe, but I certainly can tell that 3ct and a better color is a whole heck of a lot bigger and shinier!" and go with that. That was certainly my wife when we were shopping: we looked long and hard for the best AGS 000 with an eye-clean SI2 (AGS grade 7) inclusion we could find. It maximized her bang for the buck, and gets a whole lot more compliments than a similarly-priced that is VVS2 or better would, as the latter would be much smaller!

 

You should be able to find a 2012.5-2013 base Carrera with less than 50k in your price range. Especially if you are willing to travel for it. What options are a must have for you? Does it have to have sport chrono? Color?

 

 

I too think if you hunt you might find a 991.1 in your price range but there won't be many.

If this is your 1st Porsche don't forget to look at 997 cars. I think the 997 was a great Porsche 911 and one of the prettiest. Great engine, handling and a very nice 6 speed gear box. One of my favorite Porsche's. 997.2 era cars are definitely worth looking at. Not much different than the 991.1 and in some ways better.