“Typical” GTS depreciation
06-30-2021, 09:40 AM
#46
Rennlist Member
I'm a fairly new GTS owner (October) - bought a $168k 8k mile '17 for 120. Could sell now for north of 135. The market was JUST starting to go crazy last fall and I looked at a left over '19 4GTS that was a 148k sticker. I had a loose deal at 130. 2 GTS were going for low 100s or 110s then. Those exact cars are 120+ now.
4GTS are RARE. They may depreciate, but remember thats the norm. The worst thing you can do, however, is if there is a market correction next year just as the 992 GTS hits the market. But, again, I dont see those cars going under 100k for a long time. So, to summarize youll, at worst, end up back on a normal depreciation curve. They're fantastic cars.
4GTS are RARE. They may depreciate, but remember thats the norm. The worst thing you can do, however, is if there is a market correction next year just as the 992 GTS hits the market. But, again, I dont see those cars going under 100k for a long time. So, to summarize youll, at worst, end up back on a normal depreciation curve. They're fantastic cars.
The following users liked this post:
daveyator (06-30-2021)
06-30-2021, 09:52 AM
#47
Instructor
Thread Starter
I'm a fairly new GTS owner (October) - bought a $168k 8k mile '17 for 120. Could sell now for north of 135. The market was JUST starting to go crazy last fall and I looked at a left over '19 4GTS that was a 148k sticker. I had a loose deal at 130. 2 GTS were going for low 100s or 110s then. Those exact cars are 120+ now.
4GTS are RARE. They may depreciate, but remember thats the norm. The worst thing you can do, however, is if there is a market correction next year just as the 992 GTS hits the market. But, again, I dont see those cars going under 100k for a long time. So, to summarize youll, at worst, end up back on a normal depreciation curve. They're fantastic cars.
4GTS are RARE. They may depreciate, but remember thats the norm. The worst thing you can do, however, is if there is a market correction next year just as the 992 GTS hits the market. But, again, I dont see those cars going under 100k for a long time. So, to summarize youll, at worst, end up back on a normal depreciation curve. They're fantastic cars.
The following 2 users liked this post by NYG1121:
PAPorscheGuy (07-01-2021),
T3X4S (06-30-2021)
07-01-2021, 07:52 AM
#48
They should take your offer. They may call you back if it doesn’t sell soon.