pennyman123

I'm currently looking to buy a 992 base/S car. I usually buy used (I was actually in a search for a 991.2 back in 2020, but did not pull the trigger in the end). Now there's quite a lot of 992 coming out of lease and I think that's great for me too.
But we also have 992.2 on the horizon - looks like a lot of people are waiting? I wonder what effect the 992.2 will have on the used car price. I know old version usually takes a hit, but has the current price take that into account?
I'm not in a hurry to buy, but don't quite want to wait a long time either. I'm also considering buying new given that the current price difference is not super big. I guess 992.2 won't be hybrid across the board, and there will likely be some hybrid versions?
So essentially 3 choices:
1. Buy a used car now
2. Wait for 992.2 to be released and find a used car then (will wait for like 2months?)
3. Try to find a waitlist of 992 base/S to join and hope it will convert to a 992.2. Dealer said it will take 8-15 months? I only asked a few dealers nearby in NorCal.

Any comments/insights are helpful. Thank you!

Richard_Wallace

The 992.2 will be minor upgrades, and likely not released (available to order) for quite a long time (April of next year). So based on that math, you will need to wait over 1 year before you would see if any depletion of prices in the 992.1 because of the 992.2.

I also think the demand is still pretty high, so significant price deflation on these is probably not hugely likely.

You only live once, and a few K is not as valuable as living in the day and not waiting a year.

GuardsRed992

992.1 prices will come down, but they have a floor. So unless it is a beat up model that is poorly maintained, then don't expect to save big. Where I am, even a 10 year old base 991.1 is going for $79K Canadian...which is within 80% of its original sticker price.

If you like it get it, if you think 992.2 will meet your needs better, then wait.

Porsche992

If the 992.2 goes all digital some of us will still prefer the analog tach. It's not a deal breaker to me but I think the all digital concept works in a self driving car like my Tesla but it's really stupid in a 911. So demand for the older model may be a little higher than people think.

GuardsRed992

Also if it is hybrid, then gas models will retain their price. Similar to when the first watercooled car came, air cooled 911s rose in price. Not saying that will happen here, but could reduce depreciation.

vintage38

I think the 992.2's are going to be a hard allocation to get for the first year. I would get on a few dealer lists for a MSRP allocation as soon as possible. Chances are it'll probabally be a 2025 992.2 before you get the call. If by chance you get a 2024 992.1 you can always trade it in or sell for a 992.2. If your buying at MSRP you most likely won't lose any money. Also some dealers will move you up on a list if you have a trade.

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.

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.

Wilder

Nobody knows what the 992.2 is going to be. Could be hybrid. Many won't like that and cause the market for used cars to tighten further.
I don't understand the wait game. Live for today. Buy a car. You can always trade it tomorrow.

shrimp money

You’re not ready, financially.

bluelines1974

I suspect there's a difference between cars with more generic builds and more unique builds. If I was looking for a used car, I'd always prefer the model with a nicer interior (full leather, possibly deviated stitching), manual and an interesting exterior colour, and these criteria would influence me more than .1 or .2.

Richard_Wallace

Also - for those saying the 992.2 will or could be hybrid, I believe there was an article just a month or so ago, that stated the 911 variants will be the last to go hybrid, starting with the Macan, Cayenne and boxster / Cayman platforms first. I can't recall who did the interview from Porsche, but I doubt we see a hybrid version to the next full release, and then I believe it will be some of the 911 models..

Of course when it does go hybrid, that will do the opposite for the op, as some will view the 992 and before as more desirable..

kayjh

Didn't the article say the 911 would be last to go electric? I thought I read that the current PDK bell housing already has room in it for a hybrid set up - it was designed that way. In any event, I'm sure it will be an amazing drive, like every 911 that came before it.

rasetsu

Facts. These aren't BMW's. The lease rates on 911s are awful. And these cars generally can't be business tax deductible so there's little to no incentive to lease them.

Porsche said 911 will be the last to go electric which isn't the same as hybridization. We should all expect to see the integration of a small electric assist motor in at least one trim level for 992.2 or 994 at the latest.

nyca

People assuming there are going to be "new lists" for the 992.2 - the lists are already going to be full of 992.1 listers who never got an allocation.