Wilder

Porsche is now the most valuable luxury brand in the world. Porsche is now also a public company. Porsches are much cheaper than Ferrari, Lamborghini, etc. Add all this up and it's pretty clear prices are only going to keep going up.

Schn3ll

I don't think this can be stated enough.

Unlike other manufacturers, Porsche has a desirability similar to that of Rolex. They sell every single one they make and certain models will always be in high demand - many second hand selling for more than MSRP. Porsche has carved out a unique niche and at the 911 price point, there's not a ton of competition - especially if you want a manual transmission (the Rolex Daytona of vehicles if you will ). I predict that even if/when the economy has a deep and necessary correction (we are already in a recession), these cars are going to be a bit recession proof with the right trim and spec. I do think high dollar cars, particularly hypercar EV's will tank in value and I would avoid like the plague. Just my opinion, but I believe 911's are an asset class of cars now.

meyecul

Totally agree. Typical depreciation as we always have known has likely forever changed on something like a 911 moving forward.

JCtx

Thank you for all the great comments; greatly appreciated. Well, the configurator now has the $8,300 more expensive base price of $114,400 (vs $106,100)... BUT it doesn't say what year the car would be. So are they now selling 2024s? Or is it still a 2023? If still a 2023, I wouldn't get it even at MSRP. If it's a 2024, and at MSRP, then yes. But I honestly don't think the car is worth that much anymore, to be brutally honest. Will go drive another base (a '21 this time) with PSE next week, and also take it at highway speeds, and see how quiet and compliant it'd be on a trip. But it's getting hard to justify, especially for the little driving I do nowadays. And wouldn't use it until we move anyway, which is still months away, so I actually prefer to wait, and get the best possible (cash) deal. Will see what dealer says when I tell this guy paying anything over MSRP (no package crap of any kind) is out of the question for me, especially when not only other dealers are selling base 911s at MSRP, but even GTSs. It's out of principle, and I'm perfectly okay not even buying the car if it comes to that. Will keep you posted, and thank you very much again for all your help. Oh, and yes, I'll consider calling even far away dealers once I have the configuration down 100% next week, and see what responses I get. Take care.

Dream in PTS

It depends on your region. I think 15K would be pretty good for some areas.

meyecul

It will be a 2024 and get ready for some grave disappointment if you decide to pursue a build. Dealers don't car about cash deals (they would rather it not be) and you the buyer has zero leverage when it comes to 911. Virtually no dealers are selling base 911s (heck, they themselves cannot even get base allocations) or frankly any 911 at msrp unless there is some kind of a story going along with the deal. Will you find a dealer(s) that will take your deposit at msrp? Sure. Will you ever see that allocation, nope. Not trying to be a downer, but its the state of things with 911 and not changing anytime soon.

itrocks4u

Well, as much as I didn't want to, I ended up paying $9K ADM but the dealer included enclosed shipping which would be $2K, so effectively $7K. This is for 992 S, May production. Was that right? I don't know. However, knowing this is less than the price increase for MY24, perhaps I'm okay with that.

McNamara

Disagree. These are still mass produced automobiles. Nothing has inherently changed about the production of the cars, only the glut of people with excess cash. The chances are much more likely that we will still "revert to the mean" and this demand will soften considerably with the economic cycle. In fact it will probably drop below pre-pandemic demand if we have a real recession (which we will sooner or later).

meyecul

Of course everyone entitled to their opinion on the matter
and unfortunately none of us have a clear crystal ball into the future. However the fact is everything has changed. The past 36 months has shown an automotive industry operate (both buying and selling) unlike any other time in history and it’s not going just fall back to the days of old if the automakers have their way. This is all new territory moving forward and will be very interesting to watch over the next handful of years.

McNamara

People have said this during every asset bubble, ever.

remington

I paid MSRP for my 2023 base, ordered 1 yr ago and delivered a month ago. My observation is Base ADM averages around $10k depending on location. There is nothing more or less desirable about a base in terms of demand from customers, only here in Rennlist. As to the future, saying this is a typical part of a supply demand cycle is incorrect, the rise in prices for 911s the last 2 years is unprecedented and doesn't fit historical patterns and I do not expect prices to drop much in the next few years, if at all. The ripple effect of supply limits during the pandemic will influence used prices for many years, 10 years from now a 2022 or 2023 base will be a rare thing on the used market, they just haven't made many.

PHX

Not being combatively snarky, however, if you or anyone considers a 911 an "asset" that's a bit wild.

McNamara

It is an asset... a depreciating one.

Master Deep

I used to be anti ADM but seeing the last 2 price increases and the pending 2 more price increases coming this fall and next Spring, I would say anything under $10k is fair if you get the car soon. I’m expecting MSRPs to increase at least another 10-15k in the next 12 months and you would’ve paid the same and had the car a year earlier. And who knows if cars will be at MSRP or have ADM still even then.

Motorin Mark

Same here, My car was ordered 10-14-22 and arrived 1-27-23. No delays, TYD was right on target and nothing I ordered was on constraint or omitted from my order. I paid MSRP plus a reasonable $15K ADM ((Not sorry I did as had I waited, as you know this car now went up almost $9K, and ADM's are still alive and kicking by me) to get it right away and to purchase it here in Florida so I could personally pick it up, this means a lot to me as I am super **** and very nervous to purchase a car this expensive and have it shipped to me sight-unseen. My salesperson, sales manager and finance guy were great and treated me with respect knowing I am in the same type of business (I have been with Honda motorcycles for 45 years).