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992.2 effect on the used cars

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Old 08-09-2023 | 04:37 PM
  #16  
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The revolutionary engine's have been in the .2 models where the .1's are evolutionary.

If there ever is a time to roll out the hybrid powertrain, it's the 992.2. We don't know if that just means on the Turbo cars or if it trickles down into the rest of the range. Test mules have been spotted with the standard Carrera body and yellow hybrid stickers so take that for what it's worth. What that does to the non-hybrid .1's is unknown, but knowing how fickle the Porsche crowd is with batteries (rightly so), I would say it bodes well for the 992.1 owners.
Old 08-09-2023 | 09:11 PM
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Thank you all for the comments!
Yeah there are not a lot of leased cars - much less than other brands. I still manage to find some, and imo the chance to get a good 2020 car is better than 2021 at least.
Did some math and the used price indeed is still crazy - compared with 3yrs ago the price generally raised by 25%. For new cars it is about 15% considering the recent price hike.
I think the market will respond positively to hybrid, just like how it responds to turbo in 991.2. No one hates HP generally
But I don't want to wait another year. YOLO!
Old 08-09-2023 | 09:19 PM
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Wait or wait longer.
Old 08-09-2023 | 09:27 PM
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Originally Posted by pennyman123
Thank you all for the comments!
Yeah there are not a lot of leased cars - much less than other brands. I still manage to find some, and imo the chance to get a good 2020 car is better than 2021 at least.
Did some math and the used price indeed is still crazy - compared with 3yrs ago the price generally raised by 25%. For new cars it is about 15% considering the recent price hike.
I think the market will respond positively to hybrid, just like how it responds to turbo in 991.2. No one hates HP generally
But I don't want to wait another year. YOLO!
You may note that many on these forums drive manual 911s. It’s likely that hybrids wont be compatible with the manuals. We don’t know what the mix will be yet. It could be that the 992.2 will reserve the manuals only for the hard core GT models. If that happens, 992.1s will absolutely thrive along with the dwindling supply of the pure ICE driving experience.
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Old 08-10-2023 | 04:57 PM
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One thing that will be in the 992.2 for sure based on spy photos, the front turn signal lights integrated into the headlight assembly.
Old 08-10-2023 | 07:06 PM
  #21  
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Originally Posted by shelbyking
Absolutely true. Lease #s on 911s are ridiculous.
The 992.2 will take center stage and be the next hot sought after model regardless of dashboard, old scool mentality preferences, or any degree of hybridization. 992.1 owners banking on little to no depreciation for the .1 are likely in for a disappointment.
I think the 992.1 will see a bit of the 997.2 effect. For those that know, the 997.2 introduced the Mezger engine, an overhaul from the 997.1 and 996 engines with IMS issues (though that only affected the 2005 and some 2006 997.1s) and secondly the 997.2 was made during a financial recession that saw lower sales volume. For that reason the 997.2 numbers were low. Add in that the 991.1 introduced the wider track GT body, the 997.2 was seen as the last true analog 911. The 997.2 manual transmission and 997 turbo (which was also still available in a manual) are some of the more soughtafter used 911s out there.

Fast forward to the 992.2, and we are looking at potentially losing the analog tach, as well as more importantly, coupled with the introduction hybrid variants, AND you add in the fact that COVID-19 and supply chain logistics affected availability to some degree of the 992.1 (not to mention everyone and their grandpa said the world is going to end and you only live once, so I better get a car to enjoy now / I can't travel in 2020 so what should I spend money on) and the demand went up while supply went down. These factors are not all that dissimilar to the 997.2 situation and that COULD potentially mean something for 992.1 prices, both short term and long term especially for manual owners.
Old 08-10-2023 | 07:24 PM
  #22  
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My point is moot as everyone here paid cash, but my GTS was now $17k more before options, and borrowing costs are 3x more than a year and two months ago.

The refresh better be an entirely new platform to persuade me to spend at least $40k to trade up.


If it’s just a few cosmetic updates and 20HP, I’ll just wait for the next generation.
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Old 08-11-2023 | 10:02 AM
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If they drop prices, make it quick. I see the car I want but I refuse to pay what they are asking.
Old 08-11-2023 | 10:32 AM
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Originally Posted by Go Bruins
Your premise that a lot of 992's are coming off lease is wrong. Leases are rare for these cars, especially in the last two years when the sale price (cap cost) was so high. Most of the CPO 911's are not lease returns.
That is correct-A very small percentage of 911s are leased. Most are paid in full cash purchases.
Old 08-11-2023 | 10:58 AM
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Originally Posted by vladie22
That is correct-A very small percentage of 911s are leased. Most are paid in full cash purchases.
I am not financially ready for all that...
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Old 08-11-2023 | 12:39 PM
  #26  
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Originally Posted by shelbyking
Absolutely true. Lease #s on 911s are ridiculous.
The 992.2 will take center stage and be the next hot sought after model regardless of dashboard, old scool mentality preferences, or any degree of hybridization. 992.1 owners banking on little to no depreciation for the .1 are likely in for a disappointment.
I completely agree. As much as I want to believe my 2024 Targa 4 GTS (992.1 on its way now) will retain value like we've all seen over the last few years, I just don't believe it. 2nd gen 911 models are, historically, upgrades - even if not viewed that way immediately (often by folks who own 1st gen models...). Other points mentioned on this thread are factors as well; more availability and numbers, rising interest rates generally slow economic growth, cost of insurance, etc. etc. make it more likely than not that the 992.1's won't hold value as well as we hope.

All that said, #YOLO. I'm getting my dream car, maybe next week, and my hope/plan is to feel way more excitement and gratitude than buyer's remorse.
Old 08-11-2023 | 12:58 PM
  #27  
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Most likely scenario in the Carrera models is that, if anything, they add the same types of mild hybrid systems made by ZF that BMW and Audi are using. They will be there to meet emissions standards and not to improve performance so any torque added by the system will be there to allow the engine to run more lean (ie. less boost). To try to put in a hybrid system (like what the XM and what the next M5 will have) that adds serious performance will require a decent size battery which will add significant weight that they will then have to somehow remove elsewhere and will get very expensive.

There will probably be a very high end hybrid powertrain in the GT2 RS or some other low volume trim.



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