Notices
991 2012-2019
Sponsored by:
Sponsored by:

991 pricing is out of control right now

Thread Tools
 
Search this Thread
 
Old 01-12-2021, 07:05 PM
  #121  
supercroc
Rennlist Member
 
supercroc's Avatar
 
Join Date: Apr 2003
Location: Johns Island, SC
Posts: 213
Received 103 Likes on 54 Posts
Default

Originally Posted by Baseballpler
I mean I get the whole car is worth what people are willing to pay argument, but the thing is, these cars I'm looking at aren't selling. I'm not one to go in and low ball, even though it's not really a low ball lol. Oh well, I'm in no rush. Good luck out there.
You can't catch a fish without a hook in the water. What you perceive as a "Low Ball" offer may the right offer for someone who needs to sell a car for $X today vs. $X + 15% tomorrow. On the other hand getting a "deal" and getting exactly what you want are almost always mutually incompatible. Paid "too much" for the last car I bought because I realized I was going to be miserable if I didn't buy it (Gen 1 Boxster Spyder). Life is short.
The following 2 users liked this post by supercroc:
Gripster (01-14-2021), PAPorscheGuy (01-12-2021)
Old 01-12-2021, 07:30 PM
  #122  
PAPorscheGuy
Instructor
 
PAPorscheGuy's Avatar
 
Join Date: Dec 2020
Location: PA
Posts: 238
Received 123 Likes on 75 Posts
Default

Originally Posted by supercroc
You can't catch a fish without a hook in the water. What you perceive as a "Low Ball" offer may the right offer for someone who needs to sell a car for $X today vs. $X + 15% tomorrow. On the other hand getting a "deal" and getting exactly what you want are almost always mutually incompatible. Paid "too much" for the last car I bought because I realized I was going to be miserable if I didn't buy it (Gen 1 Boxster Spyder). Life is short.
i agree 100%. I quickly realized that what I wanted was extremely rare and I would have to significantly compromise my desired spec or pay close to the ask and close the deal quickly - even if it’s a few thousand more than I wanted to pay. That is exactly what I did, and I am so happy I did. That was more than a month ago, and I haven’t seen a car on the market nationwide close to the spec since for any price! Read the Rennlist posts. There are hundreds of people looking for specific cars with desirable specs eg MT less than 10% of all cars, and one of them is going to buy it. The cars that sit around are either way overpriced, or undesirable eg odd spec. With any luck that’s you.


Mark

Last edited by PAPorscheGuy; 01-12-2021 at 07:56 PM.
Old 01-12-2021, 10:26 PM
  #123  
DPC
Advanced
 
DPC's Avatar
 
Join Date: Apr 2014
Posts: 52
Received 5 Likes on 4 Posts
Default

My daily driver is the same, X3 M Comp and I'm about to get some All Season Pilot Sports to improve the ride and for light winter driving. I had 4 of the OEM tires replaced in the first 1000 miles from nails.
Old 01-13-2021, 08:06 AM
  #124  
Gary JR
Rennlist Member
 
Gary JR's Avatar
 
Join Date: Aug 2016
Location: S Carolina coast & N Carolina mountains
Posts: 1,785
Received 158 Likes on 113 Posts
Default

Originally Posted by DPC
My daily driver is the same, X3 M Comp and I'm about to get some All Season Pilot Sports to improve the ride and for light winter driving. I had 4 of the OEM tires replaced in the first 1000 miles from nails.
Replace 4 tires at 1k miles? Pricey!
Old 01-13-2021, 11:51 PM
  #125  
DPC
Advanced
 
DPC's Avatar
 
Join Date: Apr 2014
Posts: 52
Received 5 Likes on 4 Posts
Default

Fortunately I purchased the tire insurance so only paid the deductible!
Old 01-14-2021, 11:50 AM
  #126  
Mrrdstr
Rennlist Member
 
Mrrdstr's Avatar
 
Join Date: Feb 2012
Posts: 714
Received 176 Likes on 104 Posts
Default Porsche 991.1 future 993...maybe

Glad I never sold mine

The following 7 users liked this post by Mrrdstr:
acwild70 (01-15-2021), ashephil (01-14-2021), Catharpin (01-14-2021), daveyator (01-15-2021), jfischet (01-14-2021), Porsche911GTS'16 (01-15-2021), shammerman (01-14-2021) and 2 others liked this post. (Show less...)
Old 01-14-2021, 12:08 PM
  #127  
smiles11
Rennlist Member
 
smiles11's Avatar
 
Join Date: Nov 2019
Location: Northern California
Posts: 3,493
Received 3,390 Likes on 1,484 Posts
Default

Spoke with my SA when referring a friend searching for a 992 allocation. He mentioned a few CPO 991’s available, so I asked about some of the pricing... He stated the high demand for limited 992 allocations + the lack of inventory country wide; due to covid, has led to prices inflating on the pre-owned 911 market. Makes sense, but now my friend is considering a CPO 991 on the lot. The market is just silly high right now.
Old 01-14-2021, 12:16 PM
  #128  
AdamSanta85
Rennlist Member
 
AdamSanta85's Avatar
 
Join Date: Feb 2019
Location: Long Island, NY
Posts: 2,688
Received 1,233 Likes on 724 Posts
Default

Originally Posted by smiles11
Spoke with my SA when referring a friend searching for a 992 allocation. He mentioned a few CPO 991’s available, so I asked about some of the pricing... He stated the high demand for limited 992 allocations + the lack of inventory country wide; due to covid, has led to prices inflating on the pre-owned 911 market. Makes sense, but now my friend is considering a CPO 991 on the lot. The market is just silly high right now.
Call me biased, but I think people are going to look back in 10 years and realize how good the 991 is. Modern enough but before the 911 got too modern (992)

Last edited by AdamSanta85; 01-14-2021 at 12:21 PM.
The following 8 users liked this post by AdamSanta85:
BlueShell (01-15-2021), Gary JR (01-14-2021), Guards_Red_991 (01-15-2021), jb_andersen (03-16-2021), jfischet (01-14-2021), Noah Fect (01-17-2021), PAPorscheGuy (01-14-2021), Porsche911GTS'16 (01-15-2021) and 3 others liked this post. (Show less...)
Old 01-14-2021, 12:38 PM
  #129  
smiles11
Rennlist Member
 
smiles11's Avatar
 
Join Date: Nov 2019
Location: Northern California
Posts: 3,493
Received 3,390 Likes on 1,484 Posts
Default

In 10-15 years time, any pure ICE 911 is going to be sought after 🤣
Old 01-14-2021, 12:53 PM
  #130  
garfunkle
Banned
 
garfunkle's Avatar
 
Join Date: Aug 2018
Posts: 2,348
Received 1,149 Likes on 630 Posts
Default

Originally Posted by smiles11
In 10-15 years time, any pure ICE 911 is going to be sought after 🤣
Look at the Boxster/Cayman market for MANUAL + no electric stuff prices. A 996 used to be like 15K for a pretty good one - now pushing 30k! Oh, remember when a 914-6 was a 3k disposable, throw away car?
The following users liked this post:
smiles11 (01-14-2021)
Old 01-14-2021, 02:21 PM
  #131  
PJ Cayenne
Rennlist Member
 
PJ Cayenne's Avatar
 
Join Date: Dec 2013
Location: Connecticut
Posts: 1,668
Received 303 Likes on 182 Posts
Default

Originally Posted by garfunkle
Look at the Boxster/Cayman market for MANUAL + no electric stuff prices. A 996 used to be like 15K for a pretty good one - now pushing 30k! Oh, remember when a 914-6 was a 3k disposable, throw away car?
My 911 is one of the stars in my portfolio.
Old 01-14-2021, 02:31 PM
  #132  
jfischet
Three Wheelin'
 
jfischet's Avatar
 
Join Date: Jul 2014
Location: arizona
Posts: 1,322
Received 619 Likes on 363 Posts
Default

a few trillion here, a few trillion there, pretty soon you're talking real money.

in 10-15 years these things will either be multi-hundred thousand dollar cars or completely worthless because the FED went too far and killed the golden goose.
(in that case, though, you can head on over to the AR-15 forms to see what those babies are appreciating at. lol)
The following users liked this post:
JRBucks (01-28-2021)
Old 01-14-2021, 04:11 PM
  #133  
waiting for PDK
Racer
 
waiting for PDK's Avatar
 
Join Date: Apr 2005
Posts: 307
Received 41 Likes on 25 Posts
Default

Originally Posted by jfischet
in 10-15 years these things will either be multi-hundred thousand dollar cars or completely worthless because the FED went too far and killed the golden goose.
In 15 years they'll be worthless because they'll be irrepairable. It will be next to impossible to locate a replacement for any acronymmed part, especially one beginning with a 'P.' A 993 is the sweet spot for a long term hold.
Old 01-14-2021, 04:43 PM
  #134  
stout
Rennlist Member
 
stout's Avatar
 
Join Date: Feb 2007
Location: ^ The Bay Bridge
Posts: 4,900
Received 1,312 Likes on 610 Posts
Default

Originally Posted by AdamSanta85
Call me biased, but I think people are going to look back in 10 years and realize how good the 991 is. Modern enough but before the 911 got too modern (992)
And then became electrified, whether hybrid or pure EV.

Call all of us biased, but I think 996/997/991 are going to be considered "driver centric" cars. Jury is out on the 992, but I suspect ICE (not to mention availability of a manual gearbox) will keep it in there. As for 991 pricing, market stuff is among the least interesting aspects of cars to me (other than when it actually comes time to buy or sell, of course…), but there are a lot of things going on:
  • Availability of 992
  • 991.1 production numbers for certain/desirable models
  • 991.2 production numbers for certain/desirable models
  • 997.2 production numbers for certain/desirable models (consider 2009-2011 economy)
  • 996/997.1 are now 12- to 22-year-old cars
  • Pricing of 992 vs 991 (looks like about a $20-30k jump over 991.2 pricing for a 992 in a desirable spec…to me)
  • Contrarian response to Covid (maybe I won't live forever/if I can't spend my money on travel or food or events/driving is Covid safe/etc)
  • Financial markets/rates/etc
993 and older are, and forever will be, a whole other ballgame. Back to the top, I can see the 911 eventually being segmented into three eras, with the third one yet to begin.

Last edited by stout; 01-14-2021 at 04:47 PM.
The following 3 users liked this post by stout:
Guards_Red_991 (01-15-2021), timjab (01-14-2021), Tompoodie (05-02-2021)
Old 01-14-2021, 08:23 PM
  #135  
My991
Racer
 
My991's Avatar
 
Join Date: Sep 2020
Posts: 288
Received 100 Likes on 66 Posts
Default

Originally Posted by waiting for PDK
In 15 years they'll be worthless because they'll be irrepairable. It will be next to impossible to locate a replacement for any acronymmed part, especially one beginning with a 'P.' A 993 is the sweet spot for a long term hold.
Everything, even PDK parts, will be readily available as FRU’s. Life will be good!


Quick Reply: 991 pricing is out of control right now



All times are GMT -3. The time now is 10:34 PM.