Tons of 911’s for sale!
#721
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I tried to pickup a Miami blue for months, very limited supply in canada and the one I saw in 6 months wasn't my spec.
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Rubystar (05-01-2024)
#722
Burning Brakes
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I think this is the car Jarod just had for like 2 days lol
Definitely won't last long.
Definitely won't last long.
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KILOFINAL (05-01-2024)
#724
#725
Rennlist Member
Thread Starter
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Actually, it is pretty fair believe it or not! A colleague and I were talking about this the other day. That car is lightly optioned - maybe $135K msrp I'm guessing. So, 11-12% depreciation over 5 years - crazy! An article based in the US stated that the 5 year depreciation on a 911 is 15% currently. Inflation is running up the replacement cost of these cars and that is impacting used values. Also, the damn Lux Tax is impacting used prices.
I placed a deposit on a low option 992 build in late 2021 at 2022 prices (pre lux tax). I built the same car this weekend on the configurator and the cost of the car has risen 13.4% (in-line with inflation more or less), but with the lux tax, the OTD price is up a little over 20% now.
I placed a deposit on a low option 992 build in late 2021 at 2022 prices (pre lux tax). I built the same car this weekend on the configurator and the cost of the car has risen 13.4% (in-line with inflation more or less), but with the lux tax, the OTD price is up a little over 20% now.
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Cityfisher (05-01-2024)
#727
Rennlist Member
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Actually, it is pretty fair believe it or not! A colleague and I were talking about this the other day. That car is lightly optioned - maybe $135K msrp I'm guessing. So, 11-12% depreciation over 5 years - crazy! An article based in the US stated that the 5 year depreciation on a 911 is 15% currently. Inflation is running up the replacement cost of these cars and that is impacting used values. Also, the damn Lux Tax is impacting used prices.
I placed a deposit on a low option 992 build in late 2021 at 2022 prices (pre lux tax). I built the same car this weekend on the configurator and the cost of the car has risen 13.4% (in-line with inflation more or less), but with the lux tax, the OTD price is up a little over 20% now.
I placed a deposit on a low option 992 build in late 2021 at 2022 prices (pre lux tax). I built the same car this weekend on the configurator and the cost of the car has risen 13.4% (in-line with inflation more or less), but with the lux tax, the OTD price is up a little over 20% now.
#728
Rennlist Member
Thread Starter
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I agree...I was offered a new Base 992 allocation last weekend and did the math 10 ways! Same result each time - buy new. Understanding that lack of supply and inflation drove the price increases - what happens now that supply has caught up and inflation is back closer to normal levels? My guess is that depreciation goes back to normal levels also.
#729
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Long time lurker, I’m looking to get my first 911. Ideally a 992 that’s awd and automatic. I live around the GTA. I’ve been looking on autotrader, but I can’t figure out which listings seem worthwhile exploring. Not really picky about colour or features, just trying to find a reasonable used one. If anyone can chime in with any advice, definitely would appreciate it.
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#731
Rennlist Member
Thread Starter
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Just ran the Vin on the blue T and the original MSRP was $128,020...so 95% of original MSRP. Very cool car though...might have to go see it
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Cityfisher (05-02-2024)
#733
Rennlist Member
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Long time lurker, I’m looking to get my first 911. Ideally a 992 that’s awd and automatic. I live around the GTA. I’ve been looking on autotrader, but I can’t figure out which listings seem worthwhile exploring. Not really picky about colour or features, just trying to find a reasonable used one. If anyone can chime in with any advice, definitely would appreciate it.
https://rennlist.com/forums/market/1407613
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gcurnew (05-01-2024)
#735
Rennlist Member
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My advice?...buy mine lol.
https://rennlist.com/forums/market/1407613
https://rennlist.com/forums/market/1407613
Last edited by gcurnew; 05-02-2024 at 01:50 PM.
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