Tedster

In addition to being great cars to drive, 911s have always been a smart buy because they have historically held their values very well so owning one created a big "ramp" towards the next 911 purchase. EVs and Hybrids seem to be more like throw-aways (witness the drop in Taycan values) because their specifications have made much larger jumps in performance almost from year to year (e.g., range, power, 0-60 times, tech) than older 911 models did over a decade. Most people cannot tell the difference between 911s that are twenty years old from new ones and that too has helped them hold their resale value extraordinarily well. Because of that I expect that the 992.2 hybrids will depreciate the hardest of modern 911s, especially after the 994 is released, because that will likely make a huge jump in performance. Unlike the 992.1 which with a manual may never become obsolete. I think that this trend will continue with newer generations and will hurt one of the biggest value pillars of owning a 911. I also think that as people get older they remember simpler times with fondness and prefer more "analog" hobby cars that require more driver input, not less. One of the fastest growing segments for collectors is veterans that are more than 100 years old nowas an example of that trend. Modern Tech is great for a DD but sometimes having something to tinker with is even more fun. A 1967 911S or 1959 356 would be my choice for a sunday drive over my 2024 Carrera S and would draw bigger crowds at the local cars and coffee.

net

Porsche is well aware that many people buy the 911 for its good depreciation. I doubt they will start screwing this up now. With that said I don't think the next jump would be as huge they wanted this jump to be worth while because it was the first hybrid 911 and wanted to make sure they could onboard as many people as possible to accept it. And I'd argue that as you have said the main factor for the depreciation is cosmetics since many people can't differentiate between the models newer or older except the 992 I guess.

net

I see but not too sure. I thought this would be considered high income if you're making 75k a month. I was thinking of more opportunities and freelancing where they have made good money but it's not consistent income monthly.

CJDCREW

Thanks for pointing to net worth. An interesting observation, but I’d say its another “yes and no” with a clarification. Gen alpha starts in 2010 so the oldest alpha is only 14 and other than a trust fund, possibly an entertainer or the occasional youtube toy reviewer, has no money of their own and no material income - nor can they drive. You likely mean gen Z, which is @ 1997-2010. So the oldest is 27 and the youngest is 14. Let’s look at that range plus some young millennials (1981-1996), too. Note - I previously mostly focused on income because in the 20’s and early 30’s, statistically, households have very little wealth, are income dependent and the data is a lot more rich for income vs net worth. To the data- According to the US federal reserve consumer survey data, in the 20-24 bracket average net worth is $120,890 and median net worth is $10,800. Going up a notch, for ages 25-29, average net worth is $120,185 with median rising to $30,160. Getting firmly into millennial land, at 30-34, we see a marked increase with average net worth at $258,073 and median net worth at $89,801. Remember that we are talking about large generations though, with Millenials being around 72 million and Z being about 70 million. So what is at the top? The top 10% net worth for all those under 35 is still only $372k. The top 1%? 18-24 it’s $653k, 25-29 it’s $2.1m, 30-34 $2.6m. So we’re really back to saying there are some with net worth that can afford a 911, with a potential pool based on net worth of let’s charitably say 1% of both Z and Millennial generations (even though the oldest millennial is now 43 and well outside our considered age range and the youngest Z is 15 and legally can’t buy much of anything beyond a video game) of about 1.4m Americans or .4% of US population. So we have a San Diego sized population of potential buyers (and lots of 911’s in socal right?!). Going back to the 11,000 911’s a year and making a pro rata allocation of them based on age distribution, could porsche be hoping to sell around 42% to our Z and Alpha HNW buyers, or 4,600. I don’t know of course, but using net worth it seems a stretch to think “lots” of 20’s are are purchasing 200k cars, let alone 911’s (mine didn’t cost $200k!). Going back to my prior, our socioeconomic circles can be quite limiting in making accurate judgements on these things. I’m quite certain that previous comments on Miami and LA and Dallas were true based on posters’ experience in those cities. But even there, if our previous posters spent more time in different parts of their metropolises, I suspect they might find their perception of relative commonality of 911 drivers period, let alone of a specific age cohort, would change.

CJDCREW

Well said!

CM991

This is highly unlikely. Many are locking 992.1 bridge cars until the new 994 comes out.

German1967

Trust Fund Babies, i.e. profession: heir.

Mike Murphy

https://open.spotify.com/track/5ZKna...RNCShdtQuu0TXA

user 999993337

The 994 will not undo the changes of the 992.2

Porsche is moving forward... Those who locked the 992.1 locked it because they did not like the hybridization and the other changes Porsche made to the 992.2, so it is utterly stupid to think that the 994 will bring what they are looking for.

detansinn

Given that parent company VAG is doing things like putting tactile buttons back into cars, I would not presume that every change is permanent. Porsche has a long track record of reverting to elements of prior cars. This doesn't mean that hybridization is going away, but interior elements like the piano black treatment will likely disappear with the 994.

Hunky

Spot on. Traditionalists or those highly resistant to change will not see any of their wishes granted going forward with the next generation. We need to be flexible in an era when technologies are advancing at a pace never before seen in human history. Analog gauges are now history and will not be returning by popular demand.

dichael

few will mourn its absence.

C21ban

This ^^^^^^^

ipse dixit

in SoCal, it's a dime a dozen.

If you're driving around in a 911, you're a pauper. Esp. as a 20+ something year old.

RatherJaded

I suspect you are possibly misinterpreting what was originally stated. 🤷‍♂️