991 pricing is out of control right now
#196
Pro
Another reason I went .1 on my 991 purchase. I'm not a huge fan of the 992 so when I'm ready to upgrade, I'll have to see what's available. I know it's highly capable but I just cannot get over the looks yet. Both 991 gens are going to hold value extremely well, especially like you said, when you open the rear deck and it says "Duracell" lol.
#197
Rennlist Member
#199
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AdamSanta85 (01-20-2021)
#201
Rennlist Member
I paid $86,991 with 28k miles. Msrp was $136k
#202
Rennlist Member
#203
Pro
Thread Starter
#204
All 911a are awesome. No need to debate trim or specs - mostly subjective. I happen to value/love the “S” trim options. I don’t want or need a GTS or higher. Different strokes for different folks.
#205
Rennlist Member
the S is the sweetspot IMO, and the GTS will hold it's value over time over the base and S, that is fact, but it also has a higher point of entry as well.
And well GT cars....that's for the other forums
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PAPorscheGuy (01-20-2021)
#206
Have been reading this thread and it’s interesting to see it morph a bit from complaining about cost to considering the longer term satisfaction and value of owning various 991 models. As a very long time Porsche owner and recent purchaser of a used 991 have some general suggestions:
· The decision to buy a 991 Porsche is not about buying basic transportation for most people. Porsches are a luxury buying decisions and as such you first need to decide if you are a short term buyer/renter or are you buying for a much longer term such as 5-10 years or longer.
· Short term buyer, buy what floats your boat at the moment and even though you will take a hit financially on the car you will sell it and buy something else and be happy.
· Longer term buyer, spend some time and really figure out what you want and what will make you happy to look at, drive and maintain over many years. If you really wanted an S or GTS but buy a base 991 it will bug you over time. Spending the extra money now will lead to contentment down the road as new and faster models arrive.
· Generally speaking the worst of new Porsche depreciation will be done and over in about a 5 year window. A low mileage car (less than 15K) will always be worth more than a high mileage (50K+) car. Problem is if you have a very low mileage car you can’t drive it much as the value will decline significantly if you pile mileage on. Counterpoint is if you have something that’s over 50K miles adding another 50K over 10 years is not going hurt the value much.
· Generally speaking the price gaps that exist between a base 991, an S, a GTS, and a Turbo S will stay the same for the first 10-15 years. Beyond that timeframe the gaps will actually raise faster on the GTS and Turbo S as there are simply fewer of them than their other breathern. The Carrera T is a special case and will be hold and expand its value similar to a Turbo S in my opinion. Cabriolets will track their coup cousins in overall value. Targa’s seem to run 10-15% less than their coup counter parts over time. GT cars are in another class entirely when it comes to long term value.
To make my points, below is my fleet of weekend garage queens:
· We’ve owned the 1972 T Targa since 1983. We bought it for $8600 and its worth between $80-90K at current market value. It’s been restored and painted 20 years ago and has 163K miles on it. To say this car has family memories is an understatement. She’ll still cruise at triple digit speeds and lets me keep my hand in with a clutch and a 5 speed. When I take it to a Porsche event I always get 1-2 people coming up to me with stories about how they had one of these and sold it with major regrets that they did.
· While not a Porsche the E-46 M3 is a hooligan. Among BMW owners it’s a fun debate if the E-46 or E-36 is the most loved M3. Yes, the E92 does have its points as well. This is a full-on registered Dinan S3R. She is supercharged with almost 500HP at the crank, updated MCS suspension and fully maintained. She used to be my daily driver till around 2013. Taken to a BMW event and once I open the hood I get a lot of attention and conversations started. E46 M3’s are slowly climbing in value, I’ve been offered $40K twice and have turned both offers down.
· This brings me to the 991.1 Turbo S. I have wanted a Turbo S for years and just did not want to settle for a lesser Porsche. My wife finally capitulated on the OK to start looking, and we absolutely lucked into an amazing buy on this Turbo S in August. At first we were put off on the high mileage at 65,000 and that it had a 6 year old wrap. Long story but after doing our due diligence we were able to make a deal at $89K that included a 2 year CPO warranty. As we plan to use this car for travel in our retirement years, we could care less about the mileage and have been having a blast with the car of my dreams.
My overall point is that it can be very rewarding to find and keep certain cars for long periods of time. There is a lot of fun to be had along the way and eventually some cars end up being worth a fair amount of money and become like saving accounts that you can drive.
Bottom-line, whatever you decide on have fun and enjoy as we never know what the current future holds.
· The decision to buy a 991 Porsche is not about buying basic transportation for most people. Porsches are a luxury buying decisions and as such you first need to decide if you are a short term buyer/renter or are you buying for a much longer term such as 5-10 years or longer.
· Short term buyer, buy what floats your boat at the moment and even though you will take a hit financially on the car you will sell it and buy something else and be happy.
· Longer term buyer, spend some time and really figure out what you want and what will make you happy to look at, drive and maintain over many years. If you really wanted an S or GTS but buy a base 991 it will bug you over time. Spending the extra money now will lead to contentment down the road as new and faster models arrive.
· Generally speaking the worst of new Porsche depreciation will be done and over in about a 5 year window. A low mileage car (less than 15K) will always be worth more than a high mileage (50K+) car. Problem is if you have a very low mileage car you can’t drive it much as the value will decline significantly if you pile mileage on. Counterpoint is if you have something that’s over 50K miles adding another 50K over 10 years is not going hurt the value much.
· Generally speaking the price gaps that exist between a base 991, an S, a GTS, and a Turbo S will stay the same for the first 10-15 years. Beyond that timeframe the gaps will actually raise faster on the GTS and Turbo S as there are simply fewer of them than their other breathern. The Carrera T is a special case and will be hold and expand its value similar to a Turbo S in my opinion. Cabriolets will track their coup cousins in overall value. Targa’s seem to run 10-15% less than their coup counter parts over time. GT cars are in another class entirely when it comes to long term value.
To make my points, below is my fleet of weekend garage queens:
· We’ve owned the 1972 T Targa since 1983. We bought it for $8600 and its worth between $80-90K at current market value. It’s been restored and painted 20 years ago and has 163K miles on it. To say this car has family memories is an understatement. She’ll still cruise at triple digit speeds and lets me keep my hand in with a clutch and a 5 speed. When I take it to a Porsche event I always get 1-2 people coming up to me with stories about how they had one of these and sold it with major regrets that they did.
· While not a Porsche the E-46 M3 is a hooligan. Among BMW owners it’s a fun debate if the E-46 or E-36 is the most loved M3. Yes, the E92 does have its points as well. This is a full-on registered Dinan S3R. She is supercharged with almost 500HP at the crank, updated MCS suspension and fully maintained. She used to be my daily driver till around 2013. Taken to a BMW event and once I open the hood I get a lot of attention and conversations started. E46 M3’s are slowly climbing in value, I’ve been offered $40K twice and have turned both offers down.
· This brings me to the 991.1 Turbo S. I have wanted a Turbo S for years and just did not want to settle for a lesser Porsche. My wife finally capitulated on the OK to start looking, and we absolutely lucked into an amazing buy on this Turbo S in August. At first we were put off on the high mileage at 65,000 and that it had a 6 year old wrap. Long story but after doing our due diligence we were able to make a deal at $89K that included a 2 year CPO warranty. As we plan to use this car for travel in our retirement years, we could care less about the mileage and have been having a blast with the car of my dreams.
My overall point is that it can be very rewarding to find and keep certain cars for long periods of time. There is a lot of fun to be had along the way and eventually some cars end up being worth a fair amount of money and become like saving accounts that you can drive.
Bottom-line, whatever you decide on have fun and enjoy as we never know what the current future holds.
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#207
I paid $55k for my 2015 c2 with 50k miles a little over two years ago. I have probably $10k in upgrades in it with the bonkers audio system and 991.2 steering wheel swap.
I have 70k miles on it now and absolutely no desire to change a thing. It’s the only car I’ve ever owned that I like more now than when I bought it. Makes me happy every time I get in it. Glad I purchased what I did, when I did.
I have 70k miles on it now and absolutely no desire to change a thing. It’s the only car I’ve ever owned that I like more now than when I bought it. Makes me happy every time I get in it. Glad I purchased what I did, when I did.
Last edited by flgfish; 01-20-2021 at 02:50 AM.
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#208
I am enjoying reading these stories. Pleasantly surprised to find others into both 911s and M3s. I just picked up a like new 2019 991.2 CS2 MT and have a 2011 e92 M3. Love the e46s. Don’t forget about the e30! Don’t really care too much about prices - plan to keep them.
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foodbiker (05-19-2021)
#209
did the S come with PASM standard? All the literature I have found says it was optional and the window sticker for the C2S I’m buying does not have it listed as a feature. I would prefer a car without PASM.
#210
Base Standard: Normal suspension
Base Option: PASM 10mm lower with option for stiffer
S Standard: PASM 10mm lower with option for stiffer
S Option: PASM Sport 20mm lower and stiffer
Standard features will not show on the window sticker and build sheet because they are included in the Trim level (Base or S). I personally love to use PASM on my “S” when I am feeling sporty. I press the “Sport” button on my console which puts the car in Sport mode and turns on my PSE (Porsche Sport Exhaust). When I’m really feeling it (and the road is smooth), I press the “shock” button and it stiffens the suspension. Btw, you can also feel the Torque Vectoring rear (standard on the S and not available on the base). So, I would recommend PASM, but not the PASM Sport option ($890) - even harder and lower. Hope this helps. Note: The Sport and Sport Chrono packages and PDCC suspension options are something else entirely. Very confusing Porsche!
Last edited by PAPorscheGuy; 01-20-2021 at 06:48 AM.