they're all 400k otd in my area. I'm only a 1%er not a 0.01%er 😂

 

well, wait for them to crash and then you can buy.

in all seriousness, pricing is not going to move one way or the other much for a few years and then it will rocket up.

 

I'm not sure what it's going to do. The baby boomers I have to imagine are about done with buying. GenX have to be majority of your 911 buyers and a lot of what I'm seeing here is "the price is too high, this is my last car, I don't want turbos and hybrids". It's almost like their FOMO is driving this current market along w tariffs/weak dollar. If you don't have a car to trade to dealer, very hosed and difficult to get into the brand. Affluent (although not rich enough, I guess) millennials like myself I don't think will be carrying the brand in future years. Unless the baby boomers bequeath a ton of money to us and we spend it all on p-cars. Flipping through the pages of Porsche Panorama, it does not look like the demographics are getting any younger.

 

I actually think they are getting younger. Or at least young folks are becoming more and more interested. You can see this by the YouTubers and Instagrammers that are posting videos and content. I also see a lot of younger enthusiasts at cars and coffee, etc. I think there are a lot of kids that are very interested in these types of cars. Porsche Panorama is not a good indicator of the demographic of car enthusiasts. I've been a PCA member for 8 years now and have never been to an event. I don't fit the demographic either if you just look at pics in Panorama. If anything, then PCA is slowly dying off. Not from a numbers perspective but from a demographics perspective (no offense to anyone).

 

im not sure. Pcna in the last few years has bemoaned the avg age increasing. Which makes sense as cars get more expensive.
this 718 story muddies it further. Not sure if they’ll be bringing gas back which may get younger buyers with cheaper cars. Or if this means even more of the load will be carried on 911s back.

https://www.bloomberg.com/news/artic...A5bUuN_gKXL1nQ

 

I've seen that. It's a matter of time before the younger generation are making enough money to pay for these cars. One big issue I see with Porsche's marketing is trying to position themselves as a luxury brand. Teaming up with high end luxury brands and so on. They need to position themselves as an enthusiast brand. Stop doing collaborations with fashion houses and other brands and start focusing on motorsports and enthusiasts.

 

With the way the economy is moving. Older buyers will slowly phase out and the younger buyers wont be within reach of purchasing Porsches for double what they were prior to covid. Let alone looking at housing prices and so on. Porsche may make decent money now but they need to figure out the tarrif, ADM and mark up situation before they immediately hit a wall.

 

Buyer is a dealer...

 

There's a huge shortage of housing. Houses are still selling no matter what. Supply and demand. It's also not old vs young. It's an entire scale/spectrum of age groups. As long as the demand for GT cars outweighs the supply, we won't see it slow down. Natural fluctuations will occur (seasonal, build cycles, etc.). I have yet to see anyone come up with any real statistics showing that we are in a downturn. Everything has been conjecture and guessing.

 

Plenty of 992.2 GT3s, two new and two used in this case. 2 std color and 2 PTS. This is at Porsche Fremont, the location of the 992.2 GT3 party.

 

Dealers offer financing. Private sellers dont. This is why dealers control the market.

You could have 2 identical cars. Privately you can ask 350k no tax. Dealer could ask 400k plus tax and still get the sale faster and more often than you.

 

"Private sale, no tax?" What state do you live in?
Anyone can get a better loan outside a dealership. What am I missing here?

 

Why would that make any difference? People should be able to get a loan from other financial institutions.
I can see where dealers can be an easy button because of potential scams, or maybe a dealer can offer a CPO warranty.

I'm in WA state, so no tax exemption for any vehicle sales if registering in this state.

 

When both are offered at roughly the same price, but the dealer comes as CPO, sometimes plus 2 years, and the private sale does not, it is a no brainer.

I'm not seeing prices go down in the southwest. Porsche of Colorado Springs now has a 2026 for almost $400K.

A more curious question for me, is why there are some many on the used market with less than 100 miles. Did someone buy it and not like it, it wasn't what they expected, too loud, uncomfortable, or just trying to make a little cash?

 

Maybe make some cash, but I think it's more to maintain the relationship and transaction quantities to be high on the repeat customer list to get priority on new (limited) models.