Porsche 911 Carrera Depreciation Is Dead | Will It Ever Come Back?

I have bad news for you if you have been dreaming about a Porsche 911 Carrera. Values are stuck and are not coming down anymore. Is this the new normal or will prices soon continue their downward trajectory.

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Content
00:00 No depreciation
00:28 Price trends 992, 991, 997, 996
05:19 Benchmarking
06:31 Cars are selling slower
08:30 Conclusion

Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.

[fourwheeltrader]

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[mgcharoudin]

Found your channel through your insta posts being shown in my feed. Instant sub. Great work!

[ttotsbarc]

I would love to see another update on the Lexus LC 500 in the near future.
Thanks for your updates!

[juhakivekas]

Thank you for excellent analysis.

I think in nutshell you can say that 911 is a wanted car. It is as well a sign of success as a dream car of a young boy finally rewarding himself. The 911 family seems to reflect this regardless of the model. What would be interesting to study (how?) is the segments of buyers. Because I can see at least three different discrete segments (with overlap, sure). The people who buy new 992s are quite different to those who buy 996s and everything in between forms a spectrum. Maybe a comparison between new car market vs. second hand would reveal something. Obviously the special models like GT3 RS have a weird market mechnisms of its own.

As a long time member of a national Porsche Club I can easily see that the people who own 911s are somewhat different from each other. If you buy a new car the story is usually professional success while a 996 is a story of a long time dream come finally true. A lot of the more valuable cars are about “old money” and not so often about “oppotunist money”. The 911 love is usually long time. My dream took 43 years to become true. We all speak Porsche fluently but we are hardly a homogenous group otherwise which then means we will always have some statistical noise or fuzzyness in the predictions.

Another interesting development is if you look prices in the US vs. Europe and Europe vs. small European countries. Im sure Asian markets are very aggressive but Australia might also tell something. And then of course the asking price is hardly ever the actual sales price.

Regardless of my theoretical/academic notes I think you have done excellent job.

We know that we are still not able to build reliable overall market prediction models for mid or long term. Too many variable, too many abnormalities. And yet we seem to know what the weather is in 100 years - and it has plenty more variables not to mention of the number of time steps…

[j.d.]

Can we broad stroke this and say as long as the price of new 911s continue to increase, there will be stability and even appreciation in the previous generations? Also can we see the same analysis for the turbo market across generations?

[dBsdecibels]

Glad I did what I did then! Moved from a first generation M2 to a 991.1 Carrera. I imagine that while the 911 stayed flat-ish, the M2 would have dropped a decent bit further, especially since the new one just came out. I made the change about 9-10 months ago, so I think I nailed it.

Couldn't be happier, so I won regardless, but I can also feel confident that my timing was good.

Always appreciate these videos, thank you!

[DarkClosetOfTheMind]

Tell me about it, I've been looking daily for the last 6 months, and this is bonkers.

[ForgetfulFoot]

I wish I could own a modern 911. But the price jump between a base 981 Cayman to 991, 992 or even a 987.2 is just massive here in Australia.

I have owned 3 Caymans now.
I have never driven a 911. But I just cant see these cars being significantly better than a 981 Base or S.

Surely a 911 isn't worth 2x (997.2), 3x (991), or 4x (992) from the price of a 981.

[ruffytdog]

I remember back in the days when 991s use to depreciate.... you could even get an air cooled for like 15k because no one was nostalgic for them... lol

[mpc]

I'm seeing similar patterns in the market for the BMW Z4. Last year and the year before were very strong with almost no depreciation at all for E85 and E89 generations, but since Q1 2014 prices for top of the line E89s (35iS models) started to come down, I think avg. 5% lower compared to mid 2023.

[swsschz]

I love my 997.1 base. Numeric short shifter plus m030 Porsche damper/springs with gt3 sway bars and gt3 lower control arms for camber. The thing just grips.

[jimgraves]

a low mileage 997.2 Targa manual just sold on BAT 2 weeks ago for $80, 000.

[DarthVader-egjm]

Awesome review. These cars are becoming a asset alternative and store of wealth due to demand dynamics.

[Bald-Tires]

They will come down. Current trends not broadcasted in the mainstream media are that all big ticket items are showing shift in demand. US housing and commercial properties are stagnant, and some areas are in decline. Interest rates will increase despite the hype. Watch and wait until 2025 September.

[hpecora]

Great work @fourwheeltrader ! How do you feel about the Base Carrera 992.2 prices?

[el_pnko]

Doesn‘t inflation also play a role? I‘d expect used car prices to have a correlation with inflation as if a new car costs more you‘d probably also pay more for a used one.
Of course that still doesn‘t explain why the 911 goes down less than others (or maybe others didn‘t increase the price for new models as much as Porsche?).

[csuconcordia]

An i8 update would be nice (i know they arent many of us) also maybe a general analysis of correlation between discontinuation and price variance (vipers, r8s, i8s etc…)

[adriangonzales]

Can we do a deeper dive into the 991.1 GTS

[eric.frasch]

Any chance of getting the 991.2 T data in a video? I understand there aren’t many.

[tomt]

I don’t understand this market. I considered buying a 991.2 CS listed for $101K over a year ago. Same car today is listed for $108K. You’re telling I could have made a profit owning this car for all this time? It’s a 7 year old used car, not even exclusive model. How is this possible?