RamoThePharaoh

What do you think the price increases for 2023 and 2024 model year 911s would mean overall for the depreciation of the 992?

Looking at a 2021 911 Turbo for example, MSRP was $172k. The same exact vehicle in 2024 now has an MSRP of $197k.

Does this mean later model 992.1 cars such as the 2024 model year Turbo would depreciate more since 2021 cars were a lot cheaper for the same exact car? Looking online now the cheapest 2021 911 Turbos seem to be around $190-195k while 2024 Turbos are around $230-240k.

From my perspective it seems that since there are almost no differences between a 2021 and 2024 car, over time the 2024 cars will depreciate a lot more and get closer in price to a 2021 car.

992.Turbo.S

I think your logic is sound but as is apparent in our world, logic doesn’t always prevail.

So I would say it’s a crap shoot and just buy the car that has the build that excites you the most.

audi4t

I recently traded my 23 base cab for a 24 coupe

The dealer gave me what I paid for the ‘23 in trade.

In short order they sold the 23 for $20,000 over original MSRP ‼️

pitt911

A model year always mattered in the car industry but inflation was relatively tame and the year over year price increase were minimal
now with inflation we had significant increase in price year over year at least for a couple of years and if inflation continue to be tame , then price increase will be back to minimal year over year
no one knows the exact answer , but I do believe the end result will be a happy medium between the 2 years you are considering
but also one can argue that the price of the 2020 is inflated because of the recent increase in price in the later model years so in the end the delta of change will be similar between the years

Icegrill

Dealers know there’s always a large group who will pay a premium to have the car NOW. Works out well for all parties except the CPO buyer!??

ClickClickBoom

Your depreciation on a 2020 is more based on the relative cost of a new 24. The steep rise in prices pulled the older 992.1 along. That's why used 2020's are selling for 10-15% off msrp. Don't expect your new 24 to be 10-15% off msrp. in 4 four years. It will be closer to 30%.

ipse dixit

That's a lot of mental gymnastics to save what is probably at best a hypothetical 10k (if that much).

Said this before, and will say it again.

Buy the deal, and you'll never really enjoy the car. Buy the car, and you'll never really worry about the deal.

Why not just find find a Turbo that you like, be it a 2021 or 2024 or whatever, and buy that car.

L76

Buy now = more seat time.

-L76

neil.schneider

The 2021 cars had a starting price much lower. This was obviously due to the aforementioned inflation, as well as the typical markup that Porsche does every year. This does help the values of the older cars.

CM991

While there are no differences, the 2021 would be 3-4 years older than the comparable 2024. So yes, the difference is a car thats 4 years newer. That will command a premium.

Breen

you’re not factoring in the fact that the 992.2 is hybrid and will carry another 10-12% price hike.

abiazis

991.2s TTSs are starting to group into same pricing 2017-2019 cars….992s should be similar over time after 7-8 years…buying the oldest of a group with lowest mileage would be good starting point if in the market…

feron315

Why people would still pay over sticker for a TTS at this time is beyond me. It's a non-limited production car and you no longer have to wait years to get one, it's just bizarre.

CM991

It’s the market. A lot of people are grabbing 992,1s trying to escape the hybrid menace and floor samples are not lasting.

They also have been several price increases so a MY23 would have a lower MSRP than a MY24 which helps combat depreciation.

luv2sleep

Maybe I’m in the minority but why worry about depreciation when buying a car that’s nearly $300k?! I’m not made of $$$ like many of y’all but I enjoy certain toys and don’t spend money that I don’t have. Capiche?
As for the alleged 992.2TTS being a “mild hybrid”…as long as it’s not a plug-in, I’d buy one. Porsche needs to up the game since the new ZR1 with 1,028hp/828 ft-lb was just released! It has this non-Vette guy very interested.