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Usually around this time of the year is the best time people are looking to purchase their sport cars but heard that sales are down and heard that the economy has slowed down and hence prices of cars will come down.
There are lots of options out there and I do see some prices of especially 991's has come down quite a bit on pricing. I think prices of P cars will continue to come down and maybe go back close to its pre pandemic pricing.
I doubt the pricing will come down to pre-pandemic. The 992 MSRP is so much higher, and now the .2 even more. 991 Pricing will remain stable as it reflects an amazing value compared to any 992
I agree with Pappagray...pre-pandemic prices won't happen again, but I do think that pre-pandemic depreciation will return. One interesting change in commentary on the 911 is that EVERYONE (enthusiasts, media and even the haters) is commenting on the price being too high for what these cars offer. The challenge to that thinking is...what alternative is a better/more desirable car? I couldn't come up with one in the base 992 price range, so I went ahead and ordered one.
I agree with Pappagray...pre-pandemic prices won't happen again, but I do think that pre-pandemic depreciation will return. One interesting change in commentary on the 911 is that EVERYONE (enthusiasts, media and even the haters) is commenting on the price being too high for what these cars offer. The challenge to that thinking is...what alternative is a better/more desirable car? I couldn't come up with one in the base 992 price range, so I went ahead and ordered one.
It's a very good point that there isn't anyting in the price range of a base 992. I thought maybe you could get a GTR but I just looked at the prices and they start at $175K, which surprised me.
Mine is $180,134 our the door. It's crazy that there are no alternatives that I like anywhere near that price. Personally, if my car was $160k out the door, I'd feel it was a good value.
I doubt the pricing will come down to pre-pandemic. The 992 MSRP is so much higher, and now the .2 even more. 991 Pricing will remain stable as it reflects an amazing value compared to any 992
Are we measuring current pricing with the value of the current dollar or pre-pandemic dollar?
Cumulative inflation is around 23% since pandemic .... so if we take a 19% discount on current pricing, does that take us down to pre-pandemic pricing?
I agree with Pappagray...pre-pandemic prices won't happen again, but I do think that pre-pandemic depreciation will return. One interesting change in commentary on the 911 is that EVERYONE (enthusiasts, media and even the haters) is commenting on the price being too high for what these cars offer. The challenge to that thinking is...what alternative is a better/more desirable car? I couldn't come up with one in the base 992 price range, so I went ahead and ordered one.
I wonder how much the luxury tax has an effect on 992.1 deprecation. Also, the numerous price increases since the 992 was released.
As an example, my '23 C2S was $185k out the door. I was fortunate to avoid the LT.
An identical '24 C2S with LT is $212K out the door.