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Used 991.1 - Second thoughts

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Old 12-19-2022, 12:28 PM
  #16  
snake eyes
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Just wait.... The market is down over 11 percent CTYD... Car prices will drop as the rate hike takes effect and economy slides in Q1 2023
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Old 12-19-2022, 02:19 PM
  #17  
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Originally Posted by Tier1Terrier
I love my 991.2 C2S and will probably keep it and enjoy it for many years to come. If it's the only and last 911 I ever own, I'll be happy.

That being said, if I were in the market today for a 911 Carrera, I would most likely have my eyes set on a 992 if I could get one without a markup. Not because I think it's better (although arguably it is from a technological advancement perspective), but mainly because I like the idea of having newer things even though I already know that I can be very happy with my current set up for a long long time.
992..factory warranty:}, im very happy with 17 S no warranty:{
Old 12-19-2022, 02:30 PM
  #18  
Joec500
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Originally Posted by sr2002
Need a bit of a sanity check here. I read through several posts about 991.2 vs 992 but they were pre-pandemic or from 2021 when the market wasnt as bad. But given the current market, I am looking at paying $100k ish for a 2019 991.2 with 23k miles and warrant for another year. I'm also seeing listings of 2020 992s around 110k, I'm torn a little here, am I making a mistake by going for the older generation for a 10% price difference? I have driven only the 991.2, not the 992, but reading all the posts, it seems its definitely an improvement (especially in the road noise/ ride quality department).

Edit: Now that I look at the specs on the 992s that are in the $110-115k range, they have next to no options and based on their MSRP, basically have a $2-5k depreciation in 3 years, which sounds a little nuts. On the other hand the 2019 991.2 as specd was about $114k and I'll be paying around $97k + TTL. So now that I think of it, the 991.2 seems a tad better value, unless the 992s will hold more value over time?
My plan is to use the car for 3-4 years and then trade-in
IMO, assuming NOT GT product, get the latest and greatest and it should hold it's value for longer (Obviously there always exceptions). At the end of the day, a 100K + sports car is an emotional buy, NOT an essential/commodity. Just get the car that speaks to your emotions and drive the **** out of it and don't think of miles etc. Just enjoy it and don't look back. What's nice, even high mileage well cared for 911's have a price floor and rarely go much below that.

That's what I did when I bought my manual 991.1 C2S 7 years and 97k miles ago ZERO regrets







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Old 12-19-2022, 05:09 PM
  #19  
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If you want to minimize depreciation go with the 991.1. period. The price you quoted for the 2019 was high unless it had a manual transmission. I recently saw a 2017 991.2 with 24K miles in 9/10 condition which sold for $83K. I wanted a manual transmission and got a 2017 with 20K miles, 2 year CPO, all maintenance up to date and new tires for mid-90's and it is exactly what I wanted. a manual transmission in a 992 will set you back $140 K as you have to get an "S". Again get a unique option like manual transmission or a "T" and you might minimize depreciation. In the end it's about living.
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Old 12-19-2022, 06:11 PM
  #20  
George from MD
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I own a 991.2 S and recently drove a 992s. I'll keep the 991 for a long, long time. I hated the dash, the wider look etc. but had to admit it's an improved car. But then again......there's something which I'll just call soul. The more I drive the 991 the more it feels like my old 993 which I should have never sold.

Just my opinion...but I can't see spending extra and think any 991 will hold it's value better.
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Old 12-19-2022, 06:32 PM
  #21  
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Opinion alert...

I think the 991 is the best modern iteration of the 911.

To me, with the 992, Porsche has ventured off path. The car in my eyes is over-done and lacks the purity of design that has made and kept the 911 a timeless icon. Go for the 991.

Others certainly will view it differently and that's fine.



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Old 12-19-2022, 06:56 PM
  #22  
sr2002
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I appreciate the opinions and its understandable that folks who owned previous iterations or had ridden in their dad's/or family member's older 911s have some sort of connection or nostalgia attached to this model. For me though, this will be my first, all the exposure I've had to a 911 has been either on TV or on posters, only sat and drove a 991.1 recently. So to me honestly it doesnt matter if the 992 drives more like some other iconic 911, to me its all down to whats the best value, has livable road noise and comforts that I'd like. My basic requirements have been 14-way seats, PSE and PASM. Not sure if that makes sense, but I look at this more objectively than through the lens of a purist or someone who has lived the brand.

I know no one has a crystal ball but ideally I'm trying to get the model that in the next 4-5 years doesn't astronomically plummet in values because I ended up buying it when the 992s were a scarcity. I do feel the 991.1 is in a more comfortable spot in the market than the 991.2, but then again Porsche keeps increasing the price of the new cars so not sure how that would come into play when inflation is added to the mix.

Edit: The alternative train of thought is to go for a CPO Base 718 Cayman in the $55k ish range, ride the next two years and see where the markets at. It will scratch my porsche itch for now and I would be in a less worse situation if the economy does tank.

Last edited by sr2002; 12-19-2022 at 07:25 PM.
Old 12-19-2022, 07:24 PM
  #23  
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reminds me of the 240Z...killer car... and then the 260 and 280 added weight, gizmos,then the 300z...no thanks.
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Old 12-19-2022, 08:02 PM
  #24  
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Originally Posted by sr2002
I appreciate the opinions and its understandable that folks who owned previous iterations or had ridden in their dad's/or family member's older 911s have some sort of connection or nostalgia attached to this model. For me though, this will be my first, all the exposure I've had to a 911 has been either on TV or on posters, only sat and drove a 991.1 recently. So to me honestly it doesnt matter if the 992 drives more like some other iconic 911, to me its all down to whats the best value, has livable road noise and comforts that I'd like. My basic requirements have been 14-way seats, PSE and PASM. Not sure if that makes sense, but I look at this more objectively than through the lens of a purist or someone who has lived the brand.

I know no one has a crystal ball but ideally I'm trying to get the model that in the next 4-5 years doesn't astronomically plummet in values because I ended up buying it when the 992s were a scarcity. I do feel the 991.1 is in a more comfortable spot in the market than the 991.2, but then again Porsche keeps increasing the price of the new cars so not sure how that would come into play when inflation is added to the mix.

Edit: The alternative train of thought is to go for a CPO Base 718 Cayman in the $55k ish range, ride the next two years and see where the markets at. It will scratch my porsche itch for now and I would be in a less worse situation if the economy does tank.
Seriously?
Old 12-19-2022, 08:08 PM
  #25  
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Originally Posted by Ironman88
Seriously?
Isn't that a pretty normal choice, some people go for a cayman first and then wait and go for a 911 down the line? I have been saving for years for the 911, so that will for sure be my priority. But I definitely want a 991.2 or newer if its the 911.
Old 12-19-2022, 08:43 PM
  #26  
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Originally Posted by sr2002
Isn't that a pretty normal choice, some people go for a cayman first and then wait and go for a 911 down the line? I have been saving for years for the 911, so that will for sure be my priority. But I definitely want a 991.2 or newer if its the 911.
I would imagine that many if not most that have a 911 in their sights would not be satisfied with the 4 cylinder 718 Cayman.

For me personally I could never go for a 4 cyl. Cayman. That car is a transient / temporary - and just a path for Porsche to electric on a base car.

If you've not yet driven a 718 Cayman, it would be worthwhile to do that.





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Old 12-19-2022, 09:25 PM
  #27  
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If you want to purchase a "toy" car that only goes up in value purchase a Superformance Cobra. I have no clue why, but they always go up and I made $$ on the 3 I owned. Porsche 911 are toys. So many better choices for basic transportation. You say you want PASM but want ride quality. The PASM is much stiffer and you will feel all bumps in the road. Worried about it loosing all its value. It may loose 30% in 5 years. The real threat to the 911 is the Corvette C8 not to mention the elusive Z06. For the price of a 4 year old 911 your in a new C8 convertible.

Baby steps are expensive. If you want a Cayman stay below $30K. Again every time you sell or trade more than likely you will loose 10-15%. One big repair bill will take your mind of depreciation. One accident causing diminished value will take you mind off depreciation. The 991.1 with low mileage and top condition are $65-$75K. 991.2 with low mileage and top condition $85K-95K. If those prices are high to you a 911 may need to wait. I would not go older than 991.1.

Incredible all the BAT auction sold prices when factoring buyers fee are usually 13-15K below original MSRP. I witnessed this across 991.2 base, 991.2 "s", GTS. The formula has worked for 8 out of 10 cars.

Last edited by HardRider; 12-19-2022 at 09:28 PM.
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Old 12-19-2022, 09:36 PM
  #28  
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Originally Posted by HardRider
If you want to purchase a "toy" car that only goes up in value purchase a Superformance Cobra. I have no clue why, but they always go up and I made $$ on the 3 I owned. Porsche 911 are toys. So many better choices for basic transportation. You say you want PASM but want ride quality. The PASM is much stiffer and you will feel all bumps in the road. Worried about it loosing all its value. It may loose 30% in 5 years. The real threat to the 911 is the Corvette C8 not to mention the elusive Z06. For the price of a 4 year old 911 your in a new C8 convertible.

Baby steps are expensive. If you want a Cayman stay below $30K. Again every time you sell or trade more than likely you will loose 10-15%. One big repair bill will take your mind of depreciation. One accident causing diminished value will take you mind off depreciation. The 991.1 with low mileage and top condition are $65-$75K. 991.2 with low mileage and top condition $85K-95K. If those prices are high to you a 911 may need to wait. I would not go older than 991.1.

Incredible all the BAT auction sold prices when factoring buyers fee are usually 13-15K below original MSRP. I witnessed this across 991.2 base, 991.2 "s", GTS. The formula has worked for 8 out of 10 cars.
I think you might be misunderstanding what I said, I obviously am not looking for the car's value to go up over the years, and well aware of the trade-in and normal depreciation hits (not my first car ). What I don't want to end up doing is buy a 992 or 991.2 at inflated cost when the markets bottlenecked with 992 supply/new car supply in general and interest rates sky high. But again, I understand no one has a crystal ball to know for sure, but its worth listening to other people's rationale and opinions on the situation and seeing which resonates the most with mine.
As for PASM i know its used to stiffen the ride, i just want the ability to do so when needed and have a compliant ride otherwise (with the 991.2 onwards its a moot point since they come standard with PASM i suppose).

I totally agree about the baby steps approach, in the back of my mind I feel I'll not be happy with settling for a 718 and then taking another hit when I trade it in for who knows an even more expensive 992 or 992.2 in 2-3 years. I'm hoping for some private sellers to pop up, I feel that would be my best shot at not getting ripped off. All dealers I called for a new 992 allocation are ask around $20k "Market adjustment", so a stripped down new one is not an option.
Old 12-19-2022, 09:45 PM
  #29  
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I don't like the front end, the PDK gear shifter, and the way LCA is implemented on the 992 compared to the 991.2. The latter because in my 991.2 it is 3 red vertical lights on the door instead of in the mirror which makes it obvious. I paid $95k a year ago for a 2017 with 10k miles which was over 100k out the door. I did it because the car was in mint condition and was optioned perfectly. What you should do is up to you.
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Old 12-19-2022, 10:09 PM
  #30  
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Originally Posted by Joec500
IMO, assuming NOT GT product, get the latest and greatest and it should hold it's value for longer (Obviously there always exceptions). At the end of the day, a 100K + sports car is an emotional buy, NOT an essential/commodity. Just get the car that speaks to your emotions and drive the **** out of it and don't think of miles etc. Just enjoy it and don't look back. What's nice, even high mileage well cared for 911's have a price floor and rarely go much below that.

That's what I did when I bought my manual 991.1 C2S 7 years and 97k miles ago ZERO regrets

I like this advice but many times "drive the hell out of it" or "they are meant to be driven" equates to "I drive it about 3,000 to 6,000 miles a year". That kind of worries me because I plan on purchasing a 911 (or Cayman) and planned on DD it resulting in about 10 to 12k miles a year.

PS....I love the gold wheels on white!!!
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