Notices
992 Turbo and Turbo S 2019-Current
Sponsored by:
Sponsored by: Porsche San Francisco

Need a value tonight (NOT a appreciation or depreciation Thread!!)

Thread Tools
 
Search this Thread
 
Old 01-28-2021, 11:08 AM
  #31  
rodsky
Rennlist Member
 
rodsky's Avatar
 
Join Date: Mar 2007
Location: West Los Angeles & Truckee, CA
Posts: 3,955
Received 833 Likes on 566 Posts
Default

Originally Posted by indianam3
The deal did not go through. Seller would not agree to a price at or below original MSRP. Car sold to someone else, I can only assume at or above MSRP.
To some degree - not surprising. There are slim pickings out there (for sale) and the demand is way higher than supply with build slots many months out. Many close to new are now asking over MSRP - weird times for Turbo's. I think at some point this will normalize as supply catches up.. But Porsche started to scale back production numbers with the 991.2 last year and now into the 992 TT/S low production - so maybe they are looking to bolster resale by limiting supply. Who knows. Or its Covid - wealthy are doing OK and are bored stiff and need something to spend their money on vs vacations. And you can't drive a watch
Old 01-28-2021, 11:55 AM
  #32  
abiazis
Rennlist Member
 
abiazis's Avatar
 
Join Date: Jul 2004
Location: Berkeley Lake, Georgia
Posts: 4,208
Received 728 Likes on 533 Posts
Default

Great thread..........Porsche is POSSIBLY finally listening to Turbo S/Turbo owners complain about steep depreciation. But probably not))) They seem to sell as many as they can make with the Turbos and GT cars.....and they still are relatively low production models........
Old 10-18-2023, 09:44 PM
  #33  
Shogunade
Rennlist Member
 
Shogunade's Avatar
 
Join Date: Dec 2022
Location: Mid Atlantic
Posts: 3,104
Received 1,774 Likes on 1,001 Posts
Default

Found this thread would be interesting to revive. I wonder what those who responded are thinking about how well their statements held up.

I still don't see any used tts selling at an appreciable discount. Please correct me if I'm wrong.
The following users liked this post:
RD16RR (10-19-2023)
Old 10-18-2023, 11:52 PM
  #34  
Angryinch
Drifting
 
Angryinch's Avatar
 
Join Date: Nov 2021
Location: Canada
Posts: 2,309
Received 1,055 Likes on 630 Posts
Default

Usually, the guys without a 992 Turbo that are commenting on how they will tank..

or 3 Pedals, he hates the Turbo S.
The following 3 users liked this post by Angryinch:
Billy Bluejay (10-20-2023), chance6 (10-22-2023), RD16RR (10-19-2023)
Old 10-19-2023, 12:04 PM
  #35  
RD16RR
Burning Brakes
 
RD16RR's Avatar
 
Join Date: Jan 2009
Location: New York - USA
Posts: 904
Received 346 Likes on 202 Posts
Default

Originally Posted by Shogunade
Found this thread would be interesting to revive. I wonder what those who responded are thinking about how well their statements held up.

I still don't see any used tts selling at an appreciable discount. Please correct me if I'm wrong.
Great idea....this thread went quiet quite a while ago....

2021 - 992 tts Cab - ordered July 2020 - delivered Dec 24 2020 - just under the wire of covid (paid msrp) - 35,000 street (mostly backroads) only miles - mounted 3rd set of tires

Last edited by RD16RR; 10-19-2023 at 10:49 PM. Reason: added info
Old 10-19-2023, 04:59 PM
  #36  
Breen
Instructor
 
Breen's Avatar
 
Join Date: Nov 2020
Posts: 183
Received 102 Likes on 55 Posts
Default

Originally Posted by Angryinch
Usually, the guys without a 992 Turbo that are commenting on how they will tank..

or 3 Pedals, he hates the Turbo S.
look no further than 991 turbo prices.

news flash, cars depreciate
Old 10-19-2023, 08:01 PM
  #37  
rustyk
Advanced
 
rustyk's Avatar
 
Join Date: Jan 2015
Location: Raleigh, NC
Posts: 81
Received 76 Likes on 30 Posts
Default

I recently passed on a dealer trade for a 2023 GT3 Touring with 42 miles.

Dealer was offering $10k less than my ‘22 TTS purchase price - which was msrp…. Probably some wiggle room on both ends… but I take it as ballpark. I had ~4900 miles..
Old 10-20-2023, 01:03 AM
  #38  
Angryinch
Drifting
 
Angryinch's Avatar
 
Join Date: Nov 2021
Location: Canada
Posts: 2,309
Received 1,055 Likes on 630 Posts
Default

Just looked locally and across Canada. TTS prices are starting to decline here. Low options and ugly colors are around $270-$280k. Some are still up around $300 to 330k, stuff seems to be sitting longer.
Old 10-20-2023, 06:50 AM
  #39  
Overdraft
Rennlist Member
 
Overdraft's Avatar
 
Join Date: Sep 2009
Location: Ontario Canada
Posts: 1,932
Received 387 Likes on 210 Posts
Default

Originally Posted by Angryinch
Just looked locally and across Canada. TTS prices are starting to decline here. Low options and ugly colors are around $270-$280k. Some are still up around $300 to 330k, stuff seems to be sitting longer.
…noted as well but I am curious as to how the Luxury Tax (20% on amount over $100k) is propping/ helped all the lightly used luxury vehicles in Canada. Guys with 992 deliveries that beat the tax will have some protection - and the fact that the tax timed coincidently with two price increases by Porsche in late 2022 then early 2023. Not a great time to be buying a new TTS in Canada….
Old 10-20-2023, 11:12 AM
  #40  
Angryinch
Drifting
 
Angryinch's Avatar
 
Join Date: Nov 2021
Location: Canada
Posts: 2,309
Received 1,055 Likes on 630 Posts
Default

Originally Posted by Overdraft
…noted as well but I am curious as to how the Luxury Tax (20% on amount over $100k) is propping/ helped all the lightly used luxury vehicles in Canada. Guys with 992 deliveries that beat the tax will have some protection - and the fact that the tax timed coincidently with two price increases by Porsche in late 2022 then early 2023. Not a great time to be buying a new TTS in Canada….

It appears to me that the used market hasn’t caught up to the luxury tax yet. Before it was implemented I thought the market would jump but it never did.
Old 10-20-2023, 11:12 AM
  #41  
pitt911
Rennlist Member
 
pitt911's Avatar
 
Join Date: Jun 2014
Location: some where nice
Posts: 2,681
Received 991 Likes on 565 Posts
Default

I bought my TTS 1/23 for MSRP. Traded it in 6 weeks ago for 13 k above MSRP . It had 1300 miles

Last edited by pitt911; 10-20-2023 at 11:14 AM.
Old 10-20-2023, 01:15 PM
  #42  
Shogunade
Rennlist Member
 
Shogunade's Avatar
 
Join Date: Dec 2022
Location: Mid Atlantic
Posts: 3,104
Received 1,774 Likes on 1,001 Posts
Default

Originally Posted by pitt911
I bought my TTS 1/23 for MSRP. Traded it in 6 weeks ago for 13 k above MSRP . It had 1300 miles
nice.
Old 10-22-2023, 09:50 PM
  #43  
chance6
Race Car
 
chance6's Avatar
 
Join Date: Jun 2018
Location: Somewhere out East
Posts: 3,797
Received 1,498 Likes on 960 Posts
Default

Originally Posted by rustyk
I recently passed on a dealer trade for a 2023 GT3 Touring with 42 miles.

Dealer was offering $10k less than my ‘22 TTS purchase price - which was msrp…. Probably some wiggle room on both ends… but I take it as ballpark. I had ~4900 miles..
You passed on this? What was the reason? Markup on GT3T?
Old 10-22-2023, 10:20 PM
  #44  
rustyk
Advanced
 
rustyk's Avatar
 
Join Date: Jan 2015
Location: Raleigh, NC
Posts: 81
Received 76 Likes on 30 Posts
Default

Originally Posted by chance6
You passed on this? What was the reason? Markup on GT3T?
Doing the deal would have been a smart financial transaction

Primarily passed because i really, really like my spec

And i did the TTS vs GT3 b2b at the Porsche experience center - the difference in power is real

Purchased a manual 996 to fill the void
The following 2 users liked this post by rustyk:
Angryinch (10-22-2023), chance6 (10-22-2023)
Old 10-27-2023, 10:31 PM
  #45  
neil.schneider
Drifting
 
neil.schneider's Avatar
 
Join Date: Oct 2004
Location: New Jersey(outside Phila)
Posts: 2,123
Received 414 Likes on 270 Posts
Default

I just purchased a 2021 turbo S cabriolet with about 7500 miles on it. I basically got it for $15,000 off of list. I have been watching these cars for years now. Although they are going down a little bit I’m not sure it’s ever going back to the way it used to be.


Quick Reply: Need a value tonight (NOT a appreciation or depreciation Thread!!)



All times are GMT -3. The time now is 10:48 AM.