PCA Article on 991.1 arguing its really depreciating....
Thread Starter
Rennlist Member
Joined: Mar 2013
Posts: 784
Likes: 206
From: South West Florida
PCA Article on 991.1 arguing its really depreciating....
Rennlist Member
Joined: Sep 2020
Posts: 84
Likes: 77
Yeah, not according to listed prices, at least. List price and sale price are not the same, of course. And some of the independent dealers seem to have more reasonable prices, which may better reflect sale price reality. I definitely have noticed that Porsche dealer prices have gone up on 991.1 and 991.2s over the last six months, because I've had a few reach out to me to try to buy my 991.1 so they can flip it. (But not for anything close to what I'd consider, especially with the premium on 991.2s or 991.1S or GTS, which is the only thing I'd consider trading in for.)
RL Community Team
Rennlist Member
Rennlist Member
Joined: Jul 2008
Posts: 1,764
Likes: 777
From: FL | Vegas
Demand is higher than normal because the 992 cars are ridiculously expensive compared to 991. A high-spec 992 C2/4 coupe is ~160K+. Recently a chalk 992 Turbo S cab was at a local dealer listed at 268K.
Rennlist Member
Joined: Feb 2020
Posts: 425
Likes: 187
From: Boston
I'm convinced the author of the article didn't do any research on the 991 market. I'd argue the prices are actually flat lined if not even increased a bit since the pandemic. And as someone who purchased a 991.1 only a year ago but have been monitoring prices for several years, it very much feels like we're at the bottom of the depreciation curve.
Rennlist Member
Joined: Apr 2018
Posts: 522
Likes: 170
From: Miami, FL
Ummmm yah, 991.1 prices are holding very steady if not increasing slightly. Whether or not this holds, I don't know but at least for right now, that seem's to be the trend. My friend just sold his 2015 C2S manual with mid 30k mileage on pcarmarket for $81k!.
Burning Brakes
Joined: Aug 2018
Posts: 1,114
Likes: 574
From: PA
The other part of the article compares a well optioned 997 Carrera S with a base 991. It seems like trying to shoehorn for the sake of argument to prove a point, not apples to apples. He then continues with the same theme with high mileage Cabrio PDK against what he calls an "outstanding 996 C4S", not oranges to oranges here either.
Anyone's guess is a good as the writer's. We just don't know what the market is doing.
To me it sounds like the writer wants to get a 991 but not willing to pay the price.
Last edited by Guards_Red_991; Mar 25, 2021 at 12:07 PM.
Trending Topics
Nordschleife Master
Joined: Oct 2007
Posts: 5,471
Likes: 209
From: Tacoma, WA
I don't know and really don't care. What I do know is that my Gt3 that was purchased just about 16 months ago, is worth a little more than what I paid for it.
This is going off of internet sales, and BaT sales.
Really how cares? If you are not selling or buying are you affected? It's like current house prices, if you are not in the market, it's not real money.
This is going off of internet sales, and BaT sales.
Really how cares? If you are not selling or buying are you affected? It's like current house prices, if you are not in the market, it's not real money.
Rennlist Stories
The Best Porsche Posts for Porsche Enthusiasts
9 Features and Characteristics That Only Porsche People Understand
Verdad Gallardo
I've Written 500 Rennlist Articles: Here's How Porsche Has Changed Along the Way
Joe Kucinski
10 Most Unnecessary Porsches Ever Built (And Why We Love Them)
Verdad Gallardo
Porsche 911 GT3 S/C vs 718 Spyder RS: 10 Categories, One Winner
Joe Kucinski
This Builder Is Turning Heads With Its Slantnose 911 Creation
Verdad Gallardo
Porsche 911 GT3 Artisan Edition Pays Homage to Japanese Culture
Verdad Gallardo
Porsche Reveals Coupe Variant of the Electric Cayenne With a Fresh Look
Verdad Gallardo
10 Porsche Colors That Have More Personality Than Most People
Verdad Gallardo
Guntherwerks' Final Speedster Creation Is the Ultimate Porsche Restomod
Verdad Gallardo
Rennlist Member
Joined: Aug 2020
Posts: 452
Likes: 143
From: SoCal
Drifting
Joined: Aug 2006
Posts: 2,644
Likes: 266
From: NJ
Pro
Joined: Sep 2009
Posts: 628
Likes: 228
From: Lake Zurich, IL
Used Ferrari 488s Now Cost Less Than 458s As Customers Value The Latter’s Naturally Aspirated V8
Last edited by DanQ; Mar 25, 2021 at 04:31 PM.
Rennlist Member
Joined: Aug 2016
Posts: 1,785
Likes: 157
From: S Carolina coast & N Carolina mountains