It's clear that due to a bunch of compounding factors, most cars are inflated right now. I entered the Porsche market last year and have been patiently trying to find the right car.

I'm looking at 2017-2019 Panamera 4S. Most are in the ballpark of $80-95k.

Compared to pre-pandemic pricing, how much are values increased? Would cars of similiar age be 10% less? 20% I've tried to find historical data but it's tough - very few places online have good repositories of former sales.

Would I be looking at a $65k purchase instead of $90k? I realize none of this impacts the reality of the situation, but just trying to reconcile how impulsive I'm being

 

FWIW I had a 3YR PFS lease on a 2018 4S returned it May 2021 residual was $75k , I declined the buyout (wish I had kept it) but I had other plans - expect that it would have listed at the dealer this time last year in the low 80's since it was a very clean car and only 12k miles. Quick quick search shows lower mileage 18 4S in the high 80's-low 90's so probably 10% + from last year. Anyway its one data point but good luck in finding the right car for you -

 

ya you are about right it is about 60-65k instead of 90k. i bought my 2018 ehybird during covid when no one was driving for 68k, now it is worth about 85-95k. so jfyi. i believe the craziest one are kia and hyundai where value were double

 

Wait it out. Increasing interest rates will cool the market and prices will be reduced. If this were me, I would regret eating another 10 to 15k on a used car.

 

I would say right around 10% on the years your looking at.

 

The market is crazy, for both new and used.

Not a Porsche example, but I bought a Pacifuca hybrid before Covid. Plenty of choices and I paid $5k below msrp. Today, if you can even find a new one it will be $5k - $10k over msrp. Used ones are selling for about what I paid new, probably more considering that used vehicles do not get the federal tax credit.

When used prices started skyrocketing, a lot of dealers bought the hybrids from rheir own inventory, took the tax credits, and then sold them as used at or above original msrp.

It's not just a supply chain issue. Oil companies, car dealers, many other businesses have gone all out on profiteering.

Wait if you can. The cracks are showing and it all may come crashing down soon.

 

Don’t know if shows much, but in ‘19 bought pristine CPO ‘14 S with 43,000 miles and completely loaded. Think build sheet was 124-128, can’t remember exactly. Paid approx 43,500 plus ttl. I look at prices now and doubt I’d buy one today lol.

 

I got 92 trade on a highly optioned 8k mile 18 4S. I moved over to Mercedes for this round after failing to find any way into another Panny that didn't feel like stupid money.