rensoyka

this would never keep me up at night. this will either be my last car (2017 C2) or at some point I will trade it in for a newer one and that will be my last car. no way to predict the car market down the road, especially with these EVs coming on line and your car could easily be in a wreck before then which will throw everything that you hoped on a resale down the drain.

HardRider

If the car was always under warranty or CPO I would have no heartburn. Most used 911's will have multiple users. People buy them, don't want to scratch or get a paint chip, don't drive then figure don't use so might as well sale. Or the 911 is just a horrible driving experience car nobody wants to drive.

rensoyka

bought my car 6 months ago (2017 C2 CPO) with only 12,000 miles on it. guess the previous owner never drove it because of COVID (whatever) so when the dealer asked if he wanted to sell it to them he jumped at it. sat on the dealer's lot for 2 months because it was well over-priced, they finally dropped the price $20K and I was all over it, bought the car within 30 minutes of seeing it, no test drive necessary. apparently they routinely have salesman scout out previous owners and see if they're ready to sell or trade in.

Bud Taylor

Pass. I would not consider a 7 owner car just as bad as a wreck.

Rudyr

Mine had like 4 owners / 17k miles over it's 6 years before I bought it. I didn't sweat it, the car was clearly optioned to be a fair weather / garage queen by the original buyer (manual C4S w/ MSRP of $167k...had nearly every option I've ever seen on the configurator), and so it didn't shock me that the car saw <3k miles/year of use. I'm 2 years in and put about the same annual mileage on it. I think for a lot of people 911's are a second or third car, so we have other options for daily drivers and foul weather.

Sajan

honestly number of owners on carfax is tricky.
sometimes it's false positives. meaning if a loan is paid off and then titled again, it can show up as 2 owners.

have you tried other VIN checking sites? Autocheck might show a diff value.

2nd. how long are these ownership stints and how many miles per owner? do you have any maintenance records? this is my concern with multiple owners. either it gets lost or different people care for things differently
I was looking for a car recently (not a porsche) and owner 1 drove 3000 miles a year for 3 years...owner 2, 30,000+ in a year. WHAT THE HELL? two owner car, but see what I mean?

my point is, try to build a story from the carfax report rather than just look at it as 6 owners.
type of ownership, how long/miles per year, maintenance history and anomalies etc.

E55 guy

Let me ask this of the group. If we were to purchase this 2014 911 Turbo today for $129,000 keep it for a year or 2 how much could we stand to loose when selling it? I know for sure the amount of the sales tax would be lost. Would the depreciation monster get us? And are these 911 Turbos difficult to sell when we are done enjoying it? I have never been able until recently be able to even consider playing in this type of car market, so a lot of questions.

Thanks again guys!

Rudyr

Is it a manual? That's the best hedge against depreciation, IMO.

E55 guy

In 2014 I understood it to only come with PDK...

Levy

if anyone could answer this with any degree of certainty, they'd be the richest person on the planet. similar to predicting where the stack market will be. so much can happen to drastically change "the norms" that any specific answer would be speculation or a guess

my guess would be anywhere from making $20,000 too losing $20,000 .....or much more likely somewhere in-between those two extremes =)

i think it's ok to consider depreciation when buying a 911 but never make the decision based on depreciations.

detansinn

Agreed. Values are still high right now. We are re-entering a world where cars depreciate.

detansinn

You can't get a 991 Turbo with a manual, but agree that 3 pedals will continue to outperform the PDK cars when it comes to depreciation.

rensoyka

there are a lot of cars for sale now. I live in canada and while looking over the country-wide inventory of used 911s at just porsche dealers a year ago there were about 150 or so. this year it's well over 400. until the day comes back that you can walk into a dealer and buy a new 911 values will continue to hold high.

Bud Taylor

Serious depreciation starts to occur. 50 and 100k are similiar peaks. I think the market has gotten sophisticated enough where mileage is more important than year with 911s. I would not own a pdk out of warranty. As mentioned below despite inflation and interest rates people with money have not slowed their spending. The poor and lower middle class has been hit but they arent buying 911 turbos. Its looks like we will have to get to double digit inflation to cause people to stop spending in the luxury market and that may never happen. Best hedge against market and repair factors is to buy the newest version you can afford. At the price point I would buy a fairly new S and apply a tune. It would be faster. They are all turbos now.

snake eyes

Here is a concept... buy a Porsche 911 where you DONT have to care about resale..
Drive the **** out of it and sell it when you are done.

If you can do this, you can afford the car.

I guess everyone's different. I would absolutely hate owning a Turbo unless I could just drive the snot out of it.