Elmiko

I wish it was rocket science! It would be logical, would follow immutable physical laws, and ultimately would be predictable. As the old cliché goes, it's all based on fear and greed and that's what makes it so worrisome.

bds

Seems pretty stable so far based on classic.com, but obviously this only tracks some of the market confirmed sales.

dd356

It's still a complete sellor's market for high end collector and sports car stuff. If you are looking for something in particular and you look at what is out there and the prices the values are kind of irrelevant anymore as the supply of good stuff is limited. As it relates to Porsche, if you want a manual tranny, the pickings are very, very slim.

WJGreer

If you guys say it enough times, maybe it will come true!

cmjohnson

I'm just not seeing the used 911 market decreasing in value pretty much at all. Demand has remained so high that I don't expect to see anything, 991 gen or later, drop below 50,000 dollars even for a rough example base model for quite a few years to come. And maybe not even then.

I think I'll see gas below 2 bucks a gallon before I see a decent 991 below 40K.

992.Turbo.S

My dealer is telling me the used car prices will drop but I feel like he’s preparing to low ball me on my 2018 991.2 GTS that he’ll be taking for trade when my 992 TTS arrives in a couple months, I’ve been watching the market up here in Canada for a couple years and I don’t see used high demand cars dropping in price yet.
the feds up here just announced another 10% tax on luxury vehicles over $100k effective September 1st which brings the taxes on these cars in BC Canada to somewhere around 36%. This and all the rest of the economic ruin may reduce demand but I still don’t see it coming down until the auto manufacturers get there **** together and increase production to pre coved levels and most of them won’t ever get back to that because they’ve been spending all their resources on the new EV models and have a slew of other problems and price increases to overcome, even if they do increase production they have a backlog that could take years to catch up with.

Used Delivery trucks are even more scarce then our cars and those prices are currently at triple or more of what they were a couple years ago, I am thankful for the dealer relationships I have for both fleet and personal vehicles because I can still buy new at msrp but just waited 9 months for a new Ford Transit delivery van, our 4 year old van at lease end is worth more than what I just paid for the new one.
Because the production numbers of most cars in the last two years has dropped dramatically the prices may even go up more.

This and gas prices is how they will force us to go EV or pay pay pay to stay with ICE

LesPaul

Inventory is definitely increasing, prices aren't decreasing by much yet but look to have peaked. The days of buying a car driving it a year or so and selling for what you got it for or even more are gone. Also seems by reading other forums that more people are letting their allocations go. Seems people are on the sideline watching where things will go from here.

Matt Britter

I'm in the 991 market and it seems (here in Ca) that both the .1 & .2 with options, Chrono, PASM, PSE, seat heat or venting move fair quick and no $ movement from at least the dealers. There are odd ones that just sit though, I've seen couple of .2 S's without Chrono? I guess if want the speed but never going to track or AX it you can save money. The rare ones move quick, Chandler AZ had a Miami Blue 991.2S, PCCB, FALS, Sport package for 118K that went in a couple of days. There is a good 20K difference in same spec from a .1 to .2

Alc

I’m in the SE and I don’t see this inventory increasing yet. Stopped by the Porsche dealership and they had 5 Porsches on the lot which included:
1x new spoken for 911 Turbo S in the showroom - sold
1x 2017 911S PDK 911S for $136k - just sold 25k miles
1x preowned lava orange Cayenne hybrid (wow that was a lot of orange)
1x Macan base new
1x Cayman base new

not exactly a lot of inventory but maybe the super high volume dealerships in major cities are starting to get them??? Matter of fact Hondas, MBs, Hyundai, and Toyota all have plants here in Alabama and their lots are concrete wastelands.

PCA1983

992.Turbo.S,
time to put your 991.2 TTS up for sale and see what u can get for it. Dealers are notorious for low-balling their trade-in offers.

Laszlo_Laz

CPO inventory has dropped though. Very few.

There’s plenty of beater and poorly taken care of 911s out there. Folks who mod them etc etc. garbage galore. Can’t afford them now (and when they had them) are dumping them on the market.

CAA

I didn’t purchase this car as an investment - it’s a toy. A really fun toy, but a depreciating asset.

That said, as far as toys go, a Porsche 911 is a pretty safe bet. I owned my last 911 for 7 years and sold it for 8 grand less than I paid for it. I’m still way ahead on what I paid for what I have now and what I could sell it for if that was a consideration.

In regard to the car market in general I’d personally like to see things return to more of a normal state. A couple months ago I bought a new VW GTI for my son and it’s the first car in my life that I ever paid MSRP for. It was a small victory to even find one at that rate. 🙄

cpbmd

I sold my 2013 C2 S MT in 24 hours this week.

HkPlinker

Please let me know when the cherry 996 4S cars are around 40k so I can buy one this time . . . .

spiderv6

I have noticed in the past couple of weeks t hat the high volume dealers are back on the radio with their screaming ads….new deliveries, hundreds to choose from, amazing credit rates blah blah.

I haven’t heard those ads for a while, but they are definitely back around here. Suggests some kind of change in the general market.