NYG1121

If your car is worth more than junk 10+ years later, consider it a win. Everything else is just gravy

division

The suit was dropped a couple of weeks ago. We can collectively breathe easy now.

Porsche drops legal challenge

Tobeit

nice, now I can finally buy a Singer w/o worry.

Ikone

Title says 'is depreciation dead'. Seems like OP meant the opposite?

shrimp money

So really, one just needs diamond hands.

Defrag

not even watching this ****, but let me tell you:

1. its early summer - higher demand as people buy for the good weather
2. less cars on the market and no orders since 992.2 goes live in 2 weeks - less supply
1 + 2 = less depreciation

wait till 992.2 hits with confirmed bigger engines and way higher hp, you will see the fall in price.

Its a mass production car. Unless its limited edition like dakar or sport classic it will always go down with time/mileage driven. Really that simple.

Shogunade

So why are 991 gt3s currently selling for over sticker?

Tobeit

+1..and not watching yet reading the entire thread and responding...

detansinn

It is kind of funny for him to post a video like this when the 992.2 reveal is less than two weeks ago.
That announcement will be the first real test for 992.1 values.

There's clearly a big performance bump on deck and if the rumors of a big motor GTS are true, it's going to be wild.

jlegelis

>> There's clearly a big performance bump on deck and if the rumors of a big motor GTS are true, it's going to be wild.

They next one is *always* faster, meh. Not like they are gonna say, "it slower, but gets better mileage"...?

Drew46

With some rare exceptions (and 911s are not), cars are not investments, they are consumable goods. The rate at which their value decreases over time is dependent on a number of variables. We are experiencing a very unique market for cars due to a lot of factors including COVID created backlog of demand, COVCID related higher savings levels, inflation and others. So the rate of depreciation may have slowed - even to zero - but they will depreciate.

shrimp money

It’s not that they’re going up in value, it’s that our dollars are worth less.

VintageRacer

I own cars for the pure enjoyment. I don't care about any future resale price. This is a hobby.in which I get a lot of enjoyment.

I say the 911 will price lower one day.

When the tide goes down, we will see who is swimming naked. [Warren Buffett quote].

jhardy

I assume 50% depreciation over five years for my upcoming 992.1 C2S. Means it will cost me about $1.5K a month to drive the car. Anything less is gravy. I think we are exiting an irregular depreciation cycle and recentering a normal one.

jhardy

It’s the power to weight ratio improvement that matters. The hybrid motor will weigh more too. Headline HP increase for the GTS / S will be up by 70 HP or so but weight also probably up by 100-200 lbs. Overall faster but not 15% faster, probably 7-10% which is inline with other mid cycle refreshes.