Icegrill

This continues to not be true.

double-o-seven

You may wish not, but it is true: It's funny that some people are in reality denial business, for the little money / conflict of interest they got involved in their cars.

Here are some cases in point: Porsche Livermore has used 992 (mostly base) inventory that tripled in the last two months. Almost none of them are sold in the last 30+ days.

Similar story in Porsche Fremont and Porsche Stevens Creek. In particular, "USED" 992s are not moving. Fremont has two T's, and even the brand-new black T hasn't moved for over two months - almost hitting 90 days now.

In the Bay Area, the used "992 Base" models are not selling much, and not moving much. Hard facts.

Perhaps inconvenient for some?

ipse dixit

Where have you been the last 5 years?

double-o-seven

I also note that there has been fairly aggressive price reduction in the used "base" 992.1 inventory at Porsche Livermore, because their used 911's were probably mispriced initially. In case of the red 991.2 Carrera T (PDK) that the Umanski dealership has in stock at Porsche/Audi Livermore, the price offering started at $102K+, and due to low / no demand, the price offered for the red 991.2 T is now under $90K ($88,422 to be exact, with only 18,770 miles), but no takers so far.

Hunky

That is starting to sound much better than the ridiculous Wu Flu era pricing. Eighty something for a base, put a tune on it and you have yourself a really great sports car with serious *****.

Crusje

None of that is happening in NY right now.

qwertya

Livermore inventory is quite interesting. Most of their 911s are not CPO which is a rare sight for dealerships. Wonder if there are any stories behind these non-certified cars, at least carfax didn’t show anything obvious, otherwise the 991.2 T seems at a decent price. Assuming one can’t easily get 3rd party warranty on these out of warranty cars, that might have factored in.

Nein Eleven

Bro, what? Livermore shows 4x base 992s for 116-125k on their website.

https://www.porschelivermore.com/use...ster&model=911

Patton250

well if I were those San Francisco Bay dealerships, I would load up all those 992 cars on tractor trailers and ship them to Florida where they were sell immediately and at a premium. What you say may very well be true there, but it ain’t happening here, unfortunately. Maybe you could make the investment? You should go buy about 50 of them and bring them to Florida. You’ll make a fortune.

meyecul

Two of the four 992 Carreras were corporate owned (so could be Porsche Drive rentals or PECLA cars). Hard pass for most and will usually always sit longer on a dealer lot

double-o-seven

When they (Used 992 base) were first listed, the initial offering prices were $5K~$10K higher for all of those that were listed. The dealer then decreased the prices in the last few weeks.

Also, note that the red 991.2 T listed ($88,422 with only 18,770 miles) which I talked about, is, 991.2, and not 992.

pitt911

just visited local dealer today and they have several 992 variants that has been sitting for a while and the GM admitted that the market got much softer the past month
not really sure why people are surprised , things correct with time , this cycle because of covid and government spending has lasted longer than previous cycles and what a lot of people predicted including myself but it is starting to correct
the only question left is how deep is the correction and how the prices will settle down considering the 20 % or so inflation that we have had the past couple of years

js1ngh13

maybe people can swing a couple % off MSRP for the new builds that are coming in just so dealers can make space for the 992.2

2thHappy

Ditto for MA.

2thHappy

Wonder if the market for those willing to pay ADM has softened, similar to those wanting EVs?