TangoUniform

Yeah? Well I can't speak on new cars as I have no contacts at dealerships, but I can say with 100% certainty that USED 991.2s and 992s are coming down in price. Go to cars.com, CarGurus, or AutoTrader and see for yourself. You'll see several "price drop" icons in your search. Auctions on Ebay are ending with 0 bids. The USED 991.2 and 992 market is starting to come down.

Levy

yes....much bigger profits per vehicle on fewer units. ordered unit are looked at as icing on the cake. they are not counted or even considered until delivered. the cake itself is selling/delivering a car *this* month. many "reg" new cars are available. the hotter models are the ones in short supply. "available" includes cars on the lot and inbound inventory or stock units vs ordered units that are months out. inbound stock units flow in all month long and the goal is to have a buyer ready to pick it up as soon as it lands. zero time spent in inventory and on the books is a huge plus to every dealership. lots of people are willing to compromise a custom build spec *somewhat* if it means getting the car in days/weeks or next month (inbound) vs ordering and waiting 4-6 months minimum if not much longer. maybe the compromise unit has a few options that weren't needed? or missing an option that was wanted??. maybe it's the 2nd or 3rd favorite color combo? some people will be flexible with certain things to get the car much sooner.

volume on new may be down (-x%) but profits per vehicle retailed is way up (x+20%). cars that might have been discounted many thousands are fetching full price or close. cars that were selling near msrp are now getting msrp plus 10% or more. at the end of the month, they're making more money selling/delivering fewer cars. not an accounting trick or on paper only. ordered units at full price or more are liked/appreciated but never counted or commissioned =)

new and used markets are obviously related and intertwined but lots of difference's still exist. not really hand and hand. think you'd be surprised how many people won't consider used cars. even more so in the luxury segment. lots of reasons why. from new tech options to small cosmetic refreshes/restyles. used may be an good alternative for some people but lots of folks will only buy new.

911's are unique/niche in many ways. they can do their own thing in the marketplace for some period of time but the can't defy the marketplace forever. i'm seeing stabilization (not substantive/consistent decreases yet). lots of units hitting 30+ days in inventory. once they start hitting the 45-60 day mark, used car managers start sweating. many dealerships have a cutoff at 45-60 days that requires the unit be wholesaled and/or sent to the auction. this is usually where the big used car loses take place and is something used car managers do there best to avoid.

my bottom line....thinking we peaked and the long/slow crawl back down should be starting soon. just my opinion from what i know, hear and am seeing

Patton250

Well there is one way to find out bro. Start making some phone calls and make offers to dealerships that have these cars and see. I’ll do it myself today. I’m off today so I’ll make some phone calls.

NI3

Sell Sell Sell!! or

Drive drive drive!!

PorscheC2S

With the pending recession just around the corner, it's inevitable that sales will slow. As mentioned before, I too am seeing on various sights where prices are coming down not just on Porsche's but most all cars. EBay is a good barometer for a quick reference and you're seeing allot of them not selling for the "buy it now" price or even hitting the reserve price. I think the bloom is off the rose on a lot of items! You can find 996's for $15000 on FB market place. As gas creeps over the $5/gallon (regular) nation wide everything will slow to a crawl! Even the rich (back in 2008) learned that $2 buck chuck from Trader Joes wasn't so bad after all! The only exception this time is the recovery will be longer and deeper and will touch everything!

RennListUser01

One of the core reasons I bought my new to me (Dec21), overpriced 2015 991.1, was that I wanted a piece of history - an interesting, near the peak historical anachronism that makes cool internal combustion sounds.

And, I wanted a faster replacement for our 2010 Saab Aero Vert.

IMO we are all witnesses to the next revolution - and, the past transition to smaller, exhaust turbocharged engines. Most would postulate the next 10 years will see many ICE cars completing the change to electric.

Question is, will ICE engined cars like ours continue as interesting anachronisms to the next gens, or become less interesting reminders of the past?

Patton250

good grief man. I’m pretty negative on the economy and it’s definitely slowing down but you are comparing it 2008? 2008 was the worst recession/depression we’ve had in our country‘s history since the 1930s. 2008 did touch everything. Absolutely everything throughout the entire world. It was catastrophic. If you think this time is going to be worse than back then we all should probably get rid of our cars and hunker down. Yikes brother.

PorscheC2S

LOL, sorry but yeah I'm a Debby Downer on this one. I try to look at things with the glass half full approach but just not getting a good feeling about this one though! I HOPE I'm totally wrong and would gladly eat my words but all indications are pointing to an ugly 2022/23.

Patton250

Brother you’re not being a Debbie downer at all. You are saying this is going to be worse than 2008. That would be a worldwide global collapse of the economy that has never been seen by anyone currently alive. It would be impossible to calculate what unemployment would be like and the ripple effects that would devastate the middle class especially the lower middle class. I realize there are some stupid decisions being made by leadership but hopefully that can all change in a year or two. I just don’t see it being 2008. I pray not. Otherwise we have a hell of a lot more to worry about than a stupid Porsche.

Carrera991

This statement is wrong, we barely felt it in Israel.

Patton250

Yeah OK. It’s probably best we keep that you’re a little secret

Laszlo_Laz

Agree, 2008 was bad but it wasn’t that bad. Scary though and could have been catastrophic, but it wasn’t because the world’s financial levers bailed everyone out and stabilized the economies. I’ll confess that I believe by Fall, that we’ll be facing the same exact playbook as 2008, but this time it’s going to not just housing, it’s going to be everything between crypto to student loans. And those levers that were used in 2008 won’t be as powerful this round. We are all out of ammunition.

PorscheC2S

Agreed and that's where I was coming from with my previous post(s), it's more then just one or two things this time around. But all in all we agree it's just the varying levels of the impact and how it will be felt. Let's put an end to this post and just discuss cars! I'm done!

MingusDew

I’m sure in 5 years someone will for their first post revive this thread with an affirmative: “yup”

CAA

Followed by “is this car still for sale”?