XrussianX

Was thinking today basing on a 2015 example of a 4S with 20k miles. Asking prices are around $70-80k

looking at the 992 as that example for a similar price in the next few years? This just might be too damn good to not buy into. Am I wrong here?

leaf345

I don't understand the question.

K-A

Are you asking if the 992 will have as good of resale as the 2015? Firstly, the 992 MSRP's for much higher than the 2015 991. But if judging on a depreciation percentage basis, I don't think the 992 will be as strong on the used market as the 991.1 simply because the latter are the last/best of the N/A Carreras therefore will always be able to pull that card.

detansinn

The 992 will hold its value like prior 911s. One of the key reasons that they hold their value is the high demand for used 911s — everyone wants a 911. The high cost of entry for a new 911 only further elevates resale values.

Of course, the introduction of a new generation brings about a depreciation hit for the prior generation. For example, the moment that the 992 GT3 is officially announced, the 991 GT3 bubble will pop and that speculation exercise will be over.

rk-d

I'll play.

20k miles 911s will always have solid depreciation - most new model 911s have pretty low mileage. I'd say ~5k miles/year or thereabouts. So a 992 with that kind of mileage will have a solid 20% depreciation on year one and -10% ballpark every year after. So I'd guess by year 3 on a very lightly equipped 992 C2S (~$120k MSRP) with 20k miles , you'll see it drop into the 80k range.

ryandarr1979

The next 911 (994?) will need to come out before you see 992 S models in the $80k range. The 991.1 S are holding strong in the $70k range and 991.2 S models are now in the high $80k range.

Doug H

991.1 GTS, Targa and Turbo will hold value okay (not as well as 997.2 GTS, Targa and Turbo), but 991s in general will likely be second only to the 996 is poor value retention.

Doug H

Not necessarily. One cannot lump all 911s together. Have you seen prices on unmolested, 20k or less mile examples of 997.2 C2Ss and GTSs with manuals? Prices are actually steadily going up, at varying rates, on decent 997.2s across the board with the exception of the base models that sagged a bit over the last 2 years. 991s were produced in mass quantities and not universally liked by all. It will take about a year more to see how well the 992 base models (including S and 4S) settle in.

rk-d

997 GTS and 991.1 GTS definitely have their own depreciation curve.

A 997.2 with 20k miles is pretty low mileage for a 10 year old car. A 992 with 20k would be a relatively high mileage car in the short term and will probably track 991.2 values compared to the 997 which was a very different kind of car.

992Sam

two things..

the 991 is "yesterdays" look... so resale will be lower than if the body style (991) was still current,...

the other thing is the 992 sells for more when new, than the 2015 991 ...

now if we're talking GT3/Turbo or some 991.1's due to natural engine, this has an effect as well in depreciation.

gcurnew

Having sold a 997.2 GTS with 6-speed and factory Aerokit Cup a couple of years ago, there are asking prices and selling prices. Like 991.x GT3s and 981 GT4s, there is often a big gap between the "ask" and the sell price on GTSs.

Doug H

A 21k mile silver 2011 GTS manual CPO recently sold for $94k. A non CPO manual 2012 just hit $89k with 5% buyer fee on BAT. There is currently a low mileage red 2012 for $109k and a 18k mile 2012 CPO for $99k. Once they hit 30k or over they are low to mid $80ks.

The 997.2 GTS manual prices are basically the same as prices for 2015 and 2016 GTS manual coupes. (Cars.com 5 listed 991.1 GTS manuals ranging from $84k with 23k miles to $104k with 8k miles).

You cannot even find a non wrecked 997.2 C2S manual with less than 50k mikes for less than $60k. There was a $57k 2011 with accident and a $59k 2011 with an accident Be prepared to pay mid $60k just for a decent 997.2 S manual and $80k for very low mileage with aero kit.

Doug H

Your 997.2 GTS also had almost 60k miles and value really tanks hard once they go over 50k miles. 997.2 prices for lower mileage cars, 30k or less, have really appreciated the last 6 months to a year. 991s are steadily coming down . . .

gcurnew

lol...apparently prices for 997.2 GTSs have appreciated. Haven't looked in a while. When I was selling, potential buyers were lamenting the high asking prices of other (admittedly much lower mileage) cars. Had I held on to it I could have made some dough...as it played out I was able to put about 60,000 very enjoyable km on the car over 4 years and sell it for only about $7k less than I paid for it.

XrussianX

I’m saying the 992 is so much car for what might be a ridiculous price to buy in a few years. I have a 997.2 RS and a 992 would go perfect together. Wife likes the amg gt but I believe the 992 is the better car. Current prices it’s no competition between them used