R_Rated

He makes a consistent point with STG in that options depreciate 80% faster. This is important to understand that an optioned CS could be a more expensive build than a GTS with the higher base price. BUT, since the GTS has the options baked into the starting price, there are fewer options engaged in the accelerated depreciation.


Cayman Video (still good 911 data)
https://www.youtube.com/watch?v=qHRI...ature=youtu.be

911 Video

bittrl1000

I would like to seet evidence that his is in fact true. It's certainly possible. But since this accelerated depreciation of options is due to how the market perceives value of options vs base car, I'm not sure the rule applies exactly the same for GTS vs S. It's possible (I would guess "likely") that the market perceives the GTS as effectively an options package. If that's true, I would guess a GTS would depreciate similar to a similarly optioned S.

R_Rated

In that case - wouldn't the S and TURBO also be considered options packages also?

Double_J

Intuitively it makes sense though it's nigh impossible to prove with any kind of real data across a larger sample size. The easier statement to verify would probably be that option levels in general don't correlate to used sales prices when compared with the base model in the same line (I would definitely call the GTS a different line than the base 911 for this purpose).

That said, it would be interesting to figure out which specific options actually do drive a difference in used pricing (the deal-breakers, if you will). Off the top of my head, I'm guessing PDK is the biggest followed closely by sport chrono when joined to a car equipped with PDK. The power kit would be somewhere up there as would the premium plus package (it's almost like a base feature given how many 991s were configured to include it). Sport exhaust would be somewhere low on the list (too easy to fix aftermarket) with everything else falling out as not really mattering.

So yeah, Burmeister? You're never going to see that money again.

bittrl1000

No, since no options will turn a base carrera into an S. The only item a GTS has that a C2S cant have via an option is the wider body.

Hurricane

Nice videos!

STG

X51 Powerkit?

bittrl1000

That was an option on 991.1 S cars, wasn't it?

GTSwest

From what I have seen, there is no way a GTS depreciates like a similarly optioned S and the market is treating the GTS like the sweet spot of the range - widebody, RWD and manual have been called out numerous times as "the car to get".

If you had a base or an "S' the GTS is the logical and desirable move up, new or used...and with that demand, pricing will be correspondingly higher.

STG

Yes. Same upgrade that's in the GTS

STG

The GTS's were only made for 2 years, and more limited quantities than the 991.1 S models. The GTS's do uphold their values better than the S models. Same thing has happened in the 997 GTS generation as well.

bittrl1000

Are you saying that GTS' depreciate less % compared with S? How much less? Or that GTS' are worth more than S (which would be expected given typically higher MSRP of GTS).

R_Rated

GTS had a higher starting price; before adding any options. The price before options is the real residual value with estimated 80% loss on options right away. Base price determines value, options sell cars and justify premiums in a way.