STG

Well boys, the reality is that Porsche has tightened up allocations across the board on the .2 models and across the whole Porcshe model line.

I thought it was a blip possibly, but looks like an intentional sales strategy to keep margins high, have a strong resale market, and maintain their high MSRP asking prices.

There was a lot of discounting with the .1 Turbo S, Panamera, and lots of Cayenne inventory too.

They do not want to be the "discounting brand". This also hurts new car sales when owners see the deprecation they'll have in a few years and hurts their lease residuals. What dealer will buy out lease returns for the price Porcshe is asking if the market is much lower?

Something like Hot for Sale isn't something they like to see. Advertising $30K-$40K off MSRP with 10K miles or less and CPO. This doesn't bode will with marketing new $140K Carreras. In addition, building a healthy amount of cars that sit on lots creates discounting too.

I think the 991.1 being the last of the NA's is attractive to many, but tighter inventory of .2's has tightened up the .1 market and caused the price stability and some slight increases we've seen over the last year.

This bodes well for .1 values going forward with slower depreciation. Good for many of those Turbo S buyers who got new or nearly new cars at $30K+++ off MSRP off the floor.

I see the HFS being an important venue for a long time, and also offering great historical info as we track these cars. Posting VIN #'s and all relevant asking prices and mileage will be very beneficial for future research here. It will be nice seeing these same cars pop up again should they come up for sale again.

R_Rated

There is also more risk mitigation involved. In addition - as I mentioned before, Carmax is a retail mall and not a car dealer. Their model does not include highly compensated specialists or people that are passionate about cars. Labor cost is a 8itch.

pfbz

I didn't mean to send us off on a Carmax tangent... I guess it's partially because we just aren't seeing as many HFS-worthy cars now that Spring has sprung, low Porsche allocations, big stock market bumps, etc.

To demonstrate what you have to look out for on ANY car, some pics of a Carmax car I checked out last week. Not a 991, but a 997 C4S Targa manual, which is a bit of a unicorn car. Really well priced, fully documented service, low miles, really nice condition overall, but some signs of crappy paintwork on a obviously repainted rear fender and super-sloppy wheel curb rash repair. I passed.

R_Rated

This isn't just happening to classics...

http://wolfstreet.com/2017/04/17/cla...rices-decline/

there are a lot of asset classes that have showed irrational exuberance....most of them... Porsche is a conservative company and is hedging.

STG

^^ thanks for the article

Hurricane

Yes, absolutely. A PPI is a must.

Hurricane

You definitely have to be careful. While my car was in great condition (and no curb rash, either, or repainted panels - it was great!), when I was looking at 997 Turbo's for sale at CARMAX, they examples they had were really crappy. Very warn seats, curb rash on wheels or front bumper. But some examples, especially the newer ones, can be really good cars. But you have to be careful.

STG

Attachment 1156338

pfbz

(never mind... didn't realize 991.1 turbos weren't featured in this thread. Check the marketplace if you are looking for a turbo.)

squid42

Well, one of the advantages of the 991 (and 997.2) is that you might be OK without one. Few systemic defects are known and the list of carmax bashing we see here could be done by the buyer using basic equipment like a paint meter, OBD2 reader, comparing how the engine sounds compared to a known-good one, and looking at cosmetics such as warped door panels.

Of course you'd like to see some history of maintenance by a shop that knows the right torque values. I think a generic chain like Carmax does not mix with total lack of records.

visitador

Ah! Remember. If you are buying from CarMax, a PPI is done ....post. You have to do it within the window of free return.

Shall we go back to HFS cars or is the market tight right now

...as for 991 issues: my advice is to somehow check the changeover valves. They don't throw codes and I don't know how a PPI would check that

STG

Not that tight. I posted one this morning. If one digs hard enough, should be a few others. Maybe even follow up and see if any hot ones posted 3+ weeks ago are still for sale.

STG

2012.5 C2S 991.1 PDK CAB

$55K off MSRP with only 17K miles, CPO, and Porsche service records.

Attachment 1156427Attachment 1156426

WP0CB2A99CS154134

https://porscheatlantaperimeter.com/...tallic+1172255

STG

^^^ Two nice cars today.

malexgcab

First time contributor.

https://www.cars.com/vehicledetail/d...2338/overview/

Launch care but no Sport chrono. What do you guys think?