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Predictions on 992 used prices

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Old 09-19-2023, 10:34 AM
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EG9
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Default Predictions on 992 used prices

I’m moving towards a used 992 under 10k miles as the prices keep dropping a lot. Just wondering thoughts regarding continued future big drops coming vs stabilizing?


Turbo S’s keep dropping a lot..
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Old 09-19-2023, 10:57 AM
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Angryinch
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14k on 230k-240k is lots to you?

Prices are correcting all over but I wouldn’t expect it to keep dropping too much. Money isn’t worth what it used to be.

Depends on new inventory vs used, waiting lists, ADM, hybrid next gen, etc. Who knows.

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Steve 96C4S (09-19-2023)
Old 09-19-2023, 09:17 PM
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Overdraft
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I would never try and time the market on a 911 purchase- the ownership experience and use of the car is simply too special so time is your most precious point to consider. I understand the logic to not paying ADM sure…but outside of that, if you see the model, color and options you are happy with and the price is comparable to others on the market, pull the trigger.
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Old 09-19-2023, 09:36 PM
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eclou
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With the hefty price increases from Porsche MY 23 and 24, Porsche has in a way protected us from some of the typical depreciation
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Old 09-20-2023, 12:22 AM
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^ Yep and I bet more price increases for the next one as well.

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chance6 (10-04-2023)
Old 09-20-2023, 12:55 PM
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pitt911
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if you are bargain hunting, then wait a little , car market is normalizing including 911 though at a much slower pace as compared to other cars
but again , as others have said, the significant inflation and price increases on newer models is keeping a floor on the used models , by how much , no one knows
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thesandman (12-23-2023)
Old 09-20-2023, 03:54 PM
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PorscheSince2013
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If 992.2 adds electric motor and 500 lbs, and that is the only TTS option, used price could also increase...
Old 09-20-2023, 06:03 PM
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abiazis
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Originally Posted by PorscheSince2013
If 992.2 adds electric motor and 500 lbs, and that is the only TTS option, used price could also increase...
991.2 could be the sweet spot.....for buying a CPO car....
Old 09-20-2023, 06:37 PM
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Depdends on how many are into the 25's when the hybrid is added to the turbo and tuirbo s, my 24 will be my last how it looks now
Old 09-21-2023, 12:58 AM
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I am done if they add hybrid anything to it!
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Old 09-21-2023, 01:17 AM
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ipse dixit
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Originally Posted by abiazis
991.2 could be the sweet spot.....for buying a CPO car....
I thought the sweet spot was the GTS.
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Old 09-21-2023, 08:22 AM
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Originally Posted by abiazis
991.2 992.1 could be the sweet spot.....for buying a CPO car....
FIFY
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Old 09-24-2023, 08:39 PM
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Manifold
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Originally Posted by EG9
I’m moving towards a used 992 under 10k miles as the prices keep dropping a lot. Just wondering thoughts regarding continued future big drops coming vs stabilizing?


Turbo S’s keep dropping a lot..
This is just a drop in asking price for one car, not an analysis of the market trend. This data doesn't support the idea of prices "dropping a lot":

https://www.classic.com/m/porsche/91...-s?chart=sales
Old 09-24-2023, 10:51 PM
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vcp13
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Lower to way lower
Money is very expensive and liquidity is tightening significantly
THe types of people who like cars tend to be over levered
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thesandman (12-23-2023)
Old 09-24-2023, 11:05 PM
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michaelp
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Yeah the above. Fed has essentially stated rates will remain at these elevated levels through next year. These price trends shall continue.
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thesandman (12-23-2023)


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