Ørjan

I'm no expert in this field, but there are very few new cars that are instant classics/collectibles, and I also think that the 911-50 is too new to make any conclusions to the rate of depreciation...

I have followed the 911-50 market on German, Swiss, and Swedish used-car-sites for the last 8 months, and the cars are usually advertised for quite a long time. Also, the fact that there are still 11 (that I know of) new cars available on those sites, tells me that they aren't as sought after as some of us would like to believe.

Some prices;

(unknown number) Geyser PDK with 5500kms, registered 10/2013, now € 119 911

#0066 Graphite PDK with 0kms, price as new € 133 086 - now € 124 800 (negotioable)

#0936 Graphite PDK with 1450kms, registered 12/2013, now € 128 900

#0206 Black PDK with 871kms, registered 08/2014, now € 138 240

#1804 Graphite PDK with 15kms, now € 140 120

porschechiq

for what its worth my 2013 Cab S- was 126,435 msrp- I paid 100k. 6k miles on the dot. CPO

STG

They all tank that first initial hit. 20-30K within a year or two. I'm talking 991's in general.

And we're talking under 10K miles with even as low as 1K miles. I got a CPO with 2,400 miles @ 30K off sticker.

If you can find what you want used, it's not a bad deal...

Ørjan

Mondrian; the two new Swiss cars are found on the dealer new car inventory; http://www.porsche-stgallen.ch/porsc.../Neuwagen.html and http://www.porsche-zentrum.com/pch-b...sales/newcars/

Mondrian

As far as I know no one has or is claiming that 991-50 is an instant classic, the discussion is between those who do not have a 911-50 but want to buy a used one & mostly those that already have one. Naturally one camp is saying that they depreciate just like any other 991 and the other argue that due to limited numbers the depreciation will not be as much as other 991. I think we are all in agreement that they will depreciate - for now at least.


For you info those that purchased their car in spring got a little discount, I think highest I heard of was 7% which is very close to car 66 (is it 2013?), as for other cars I do not know the MSRP of each car including options as it can easily vary by some €15,000 from one car to the next so can't make an assessment.

This is what we would expect for a non 50th 991, thanks for sharing the numbers.

Thanks, I was looking under the used car system. Are these the MSRP?

STG

So how hard is it looking around for a used one? What dealers are asking for them should indicate close to what the market it willing to buy them for.

Some people make things more difficult than they need to be and over analyze things to death.

Ørjan

The one in St.Gallen has MSRP of CHF 196'580.- and is now advertised for CHF 173'800.-
The one in Basel has MSRP of CHF 183'210.- and is now advertised for CHF 164'130.-

ymg91150

Interesting discussion, thanks.

This is definitely an interesting fact. What puzzles me even more: Three of them are sold by dealers which seem to be official Porsche dealers (as Orian already mentioned). I have no idea why they can't be found on the swiss site. One is sold by a Ferrari/Maserati dealer. No information on the cars history found in the ad. But it clearly is true that more information is required for a serious comparison.

Could be, but not necessarily. Porsche Switzerland offers free packages and discounts to keep customers from going to Germany to buy their Porsches. I thought about it and decided that the money I could save is not worth the hassle.

Mondrian: Just realized you own a Jensen Interceptor! What a beautiful car!

LSV

Swisscom market is quite busy with 991. We are 8.1M population, where about 40 911-50 were offered. Exclusive but not rare, much more interesting than the overpriced (11) swiss édition with CHF 233´000.-.

I think that we will talk about 911-50 value in 10 or 15 years: best shape, lucky limitation numbers and low miles cars will find a place on amateurs market.

Talk about short term value with 12 months old cars...i.e. a Sport Classic 997 was sold 154'000 last year in my town and a pure blue 997 Speedster sold 223´000 3 months later. Both were 300´000 new. At this point they are only special used cars.

Mondrian

As mentioned already we seen 7% in spring so now that we are getting close to Winter and with Swiss dealers eager to keep swiss buying from Swiss then 10% is quite realistic.

The Interceptor for me is the original global car, American engine, Italian design and built by British. I have had it for 15 years but now its due for restoration.

I already mentioned that I only checked the used porsche search and not new, so 2 are now in new section according to Ørjan.

Mondrian

Porsche Sport Classic was £140k and if you find one here in UK it will be over £150k, very low production number of 250 worldwide ensured that its an instant collectible just like the 997 speedster of which only 356 were made. You should have bought it or better still sent me a PM given CHF to £ rate is 1.5

LSV

http://www.autoscout24.ch/fr/d/porsc...8482&vehtyp=10

Right now two Sport Classic on the swiss market. At this price, they won't be sold that fast.

Mondrian

That works out to just over the equivalent figure here in UK (160 GBP) which sounds about right.

We are living in a new world where investors are looking for alternatives to banks & stock markets as one provides little return and the other highly volatile. Collectibles (Cars, wines, art) on the other hand have proven quite popular & yielded higher returns in general and less volatile too. Classic cars such as 300SL, 911, E Type, Ferraris have all tripled in value over the past few years. The Liv-ex Investables Index (wine) has returned about 11% per annum in nominal terms over the last 25 years, outpacing gold, property and equities in the UK. It has also been less volatile and thus less risky. A 2012 survey by Barclays found that 25% of high net worth individuals had a wine collection that tied up about 2% of their wealth. Talk to any high end classic car dealer and they will tell you that they are seeing the same happening to cars and I can see that number rising every year.

The rise in value of some classic cars has pushed them beyond the budget of some and so investors look for cheaper alternatives and what better than a limited edition modern classic that does not need expensive restoration or maintenance & is all numbers matching. I suspect there are less sport classics out there than the 73 2.7RS (250 made vs 1600 made) - at any given time you can probably find some 50 2.7RS cars for sale worldwide with a price tag which is 4 times than that of a sport classic but you will probably find it hard to locate 15 sport classic 997's. BMW Z8 is certainly a good example of a modern classic - I think the value has also tripled over the past 7-8 years.

Basically guys who are doing the buying are not necessarily enthusiasts, they are investors with a taste for cars, wines & arts. Of course I don't know what is going to happen in future but I am pretty sure this is what is happening now.

Pavegeno928

I've been looking at the 911-50 on the Porsche Beachwood site. It's MSRP was $137k and the warranty was punched in March 2014. They are asking 127. What is a fair price do you think? Black book and my insurance company say around $114k.

Thanks! Geno

motenai

Geno, that's the one I've been looking at and what motivated me to start this thread! Most of the 911_50s I've seen in my search for the past few months have been hovering around the $130k-140k mark, but I've seen at least two examples at around $120k, the lowest I've seen yet. One of them has already been sold, but there's a graphite grey with PDK still available, I think.
http://www.porscheofnashville.com/ce...3ca809088e.htm