Thanks for your analysis. Wouldn't the main reason for the price drops across the models is that the cost of financing/borrowing is so high? Interest rates just keep going up so overall price of the product should come down just to sell it. I am just assuming that even the customers who are in the market for a $50-100k used 911 would need to finance some portion of it.
im currently in the market for 997.2 and theyre still somewhat high 60s-70s.but at 8-12% interest rates is a turn off. I rather just keep saving more cash until interest rates are below 3 or just BAT and buy w/ cash from all the savings lol
Wow. Is there any good reason why they will not go back to pre pandemic levels (plus inflation)? You mentioned they are not but I was not clear on the reason. Great video!
Nice video! Can you also include European marketplace in the field of future analysis & predictions? Or even describing in comment, how would you compare EU market, to US in case of 911's and GT3/Turbo cars?
@@stu4181 Yes, but 2 of the 3 were sitting around for a long time. One of them was only a week old tho. They were all around the same price and had good spec, of course
I noticed the same exact thing, it seemed like it was finally a buyers market …..then it’s like spring fever took over early this year, interest rates be damned and all 🤔
These cars are just not selling , I have cars on my watch list for months and they are still sitting. I seen 991.2 GTS get sold at auction in STL and ended up in Texas at different Porsche Dealership,
Love your content! Thank you. Could you do a video on the Rolls Royce Cullinan. I ordered a Black Badge about a year ago when they were trading almost $200k over sticker. Mine arrives in August and the market seems to be very different.
They don’t make enough, try ordering one from your dealer without perviously buying at least a macan or boxster without paying msrp or waiting for the end of the run, probably just won’t happen
@@sunnohh went to my local dealer. $10k down and wait for your order at MSRP for a new 911. Not that hard - now if you’re after a GT 911 car that’s a different story.
interesting to see the prices on the 997.2 GTS models drop so much. Although some mom and pop dealerships are asking Turbo money for them. That is my next target purchase, a C2 or C4 GTS. Really appreciate the information you provide.
@@dabrula there are decent private dealers out there. Yes there are shady ones too. The disadvantage you have on BAT is ordering a PPI on the car unless the seller is willing to allow you to do it. People that are willing to just pay for the car will overpay with no guarantee the car is sound. The advantage of a mom and pop is you have the time to inspect the car. Yes they are usually more expensive than a private seller and BAT or other online auction but you can walk away from a sale. BAT and Pcarmarket you cannot. You’re committed to buying the car. That’s a big gamble to take on a car you’ve never driven much less inspected. You’re basically looking at pictures and what the seller posted. Great for less expensive cars, but not for cars in the 6 figure range which is most mid to high range 911s.
@@bondking0077 well that’s where your individual part comes in to inspect the car. Trust me I rather not buy from them. I simply keep shopping for the right car.
they are not dropping in Canada, I have been watching and the Porche dealerships are keeping the prices up no matter what.. 4S is selling for 20k to 40k use more than new prices (1 and 2 year old)... some other models like turbo are 50 to 60k more than new, and GTS is 30k roughly.. its disgusting actually..
I live in Florida and have a friend in the business, and even he paid $5k over MSRP for a Carrera S. The dealers here claim that every car that comes in is either pre-sold or never sits on the lot for more than 48 hours.
Just bought a 2021 992, and it felt like a good deal. Below retail value based on CARFAX pricing and had everything I needed / wanted from exterior design. If you’re in the market and see something you can afford, a CPO is not a bad idea now. Dealers are still marking a premium on new 2023 models, and 2024 will be marked up by $8k in the US.
The comments on the 997.2 GTS are too broad because a clear distinction needs to be made between PDK and manual transmission models. The total number of manual transmission GTS models delivered in the US was less than 300 cars and cabriolets are even more rare. Supply and demand…try finding any with low miles and see if what they cost.
Agree. The sold cars he's using for this analysis are PDK based on his references. Still it's boggling how much better the 991.1 GTS held its value compared to the 997 GTS. All that said, good luck finding a no-stories 6MT 997 GTS with under 50k miles for anything under 80k.
Yes, the trend is mainly influenced by the PDKs as there are more of them for sale. The trend for the manuals is unreliable due to the small market size.
Thanks again for smart analysis. Any update about Audi R18 V10(+) and european market ? Does inflation will draw used car prices UP ? I hesitate with a Porsche 911 996 or 997 Turbo, c4S or 991 c4s. it's a hard choice
This is the latest market update for the R8: ruclips.net/video/wOAP5G3ly9U/видео.html I am aiming to add the European markets during this year. So far, the correction does not seem as big as in the US.
Very nice video, as usual! Question: I have a 2001 Aston Martin DB7 V12 Vantage (Coupe), with a rare manual transmission. I would like to know whether the prices for that car can expected to be increasing in the next years? Any idea? PS: I am from/in Germany. Many thanks!
99 996's are beautiful, unique, and designed by the old guard, almost no options, only sub 3000lb/300hp 911, more engaging, headlights look lovely in my garage. 997's too many buttons, cheap materials trying to fake people into thinking quality. Later models bigger/heavier = Panamera coupe, no thx.
These cars are very frustrating. I have attempted to buy a 911 on three occasions over the last 7 years and each time I picked another car. I just could not justify the hype and premium price. True car enthusiasts know there are comparable options today. Don’t buy the hype. I do have a classic Porsche and those cars frankly had more going for them. The modern 911 performance and mystic has long been closed by others. That is the very sad truth.
I'm in the market for a GT3, I'm looking at the 992 GT3 but wouldn't pass on a nice low mile 991.2 GT3. Unfortunately prices are not dropping, they are holding steady. And putting an order in for a new 992 GT3 isn't even possible right now.
Hi, I saw your video and I appreciate your analysis which was two months ago. I'm planning to purchase 911 turbo S 911.2 series. DO you think the price for this series still going down? There is a way to contact you directly by email or by phone?
What numbers are you based of? It's so complicated to put everything in numbers since we don't know the true prices are the cars sold, condition of the cars, options of the cars. I just find it hard to believe how the graphs are generated...
Exactly. You can't discuss 997 gen 1 or 2 without taking into account numbers of Manual Vs Automatic. What about mileage? What about options? What about fluctuations in Trade vs Private sellers? What about when a couple of desperate sellers enter? Or a few ropey example enter cheap? Or that car sales tend to be stronger going into Spring + Summer, especially with Cabs? I mean, really, this can't be taken very seriously. It's literally Autotrader and a spare lazy 10 min. Better to have simply originally taken 5 cars from each model and then every 3/6 months compare with cars with pretty much the exact same specs and mileage and seller type. Like for like. Instead of plotting scatter graphs. I bought a c4s 997 with 38k miles in 11/21 sold it with 45k miles in 1/23 for the same amount.
No car is an investment... I can however tell you that the 911 Carrera, of any model designation, us the best bang for buck car you will ever own... Resale value does not matter because I will NEVER sell it...
prices will still go down in 2023 - 2024 as you didn't cover inflation and the fact the banking sector is collapsing.. people will sell their cars first, when money becomes tight and well before their house is repo'd by the bank, therefore I"d say all car prices will plummet with a glut of the market at then of 2023 into 2024... that's where I'll be buying mine🤣
Does anyone know the source of this data? I am interested in doing some of my own analysis. Thanks for the informative videos by the way! This is definitely one of the most useful YT Channels!
These are always really accurate representations. I realized I'm better off buying a brand new 992 T with manual transmission without too many options. Costs the same as a used 992 or 991.2. And it will be a manual with sport chrono and PTV.
I don’t buy them because I’m worried about depreciation I buy them to drive the crap out of them, I figure 1 dollar per mile in additional depreciation for my adventures
As long as the 996 doesn't go stratospheric in the next few years I'm good 😂😂 and by the looks of the trends and the CI's it doesn't seem like that'll be the case
The Porsche Cars are def. to expensive! If you buy a 2 Year old BMW M850i converterbil x drive with full options you have to pay around 110ooo Euro gross. For a comparable Porsche ( this will be a 992 4 GTS Convert. you have to pay easy 175000 + Euro and you less extras like neck warmer a real trunk usw. and you can drive a V8 with 50 HP more for less in a min. same even better quality. Porsche is the same like Apple no body needs it everybody wants it and the company knows it !!!!
Porsche just announced priced increases in the 15% range for 2024 cars and allocations remain tight. I don't think we'll see prices dropping much further for 992s. I wonder if they'll bottom out and reverse slightly?
![NOSFERATU - Official Trailer [HD] - Only In Theaters December 25](http://i.ytimg.com/vi/nulvWqYUM8k/mqdefault.jpg)
Check out this video to see the difference between the automatics and manuals: ruclips.net/video/EEb3d3DQIMQ/видео.html
The next update should be interesting considering 2024MY 992's just had an 8K price increase.
Thanks for this, I've been watching carefully at 991.1 prices and this video is very helpful
That is great to hear.
Thanks for your analysis. Wouldn't the main reason for the price drops across the models is that the cost of financing/borrowing is so high? Interest rates just keep going up so overall price of the product should come down just to sell it. I am just assuming that even the customers who are in the market for a $50-100k used 911 would need to finance some portion of it.
im currently in the market for 997.2 and theyre still somewhat high 60s-70s.but at 8-12% interest rates is a turn off. I rather just keep saving more cash until interest rates are below 3 or just BAT and buy w/ cash from all the savings lol
Inflationary environment, not *yet* deflationary.
Wow. Is there any good reason why they will not go back to pre pandemic levels (plus inflation)? You mentioned they are not but I was not clear on the reason. Great video!
My local Porsche dealership is getting $50k to $200k …..every dealership in Arizona are two years out, as Porsche is not making many 911’s
I'm using your videos for future reference. I don't plan on buying soon but I love learning about the best times to buy
Nice video! Can you also include European marketplace in the field of future analysis & predictions? Or even describing in comment, how would you compare EU market, to US in case of 911's and GT3/Turbo cars?
Thanks. I am working on the inclusion of the European market.
Wait until more 996 and 997s are out of order and there are fewer and fewer around. Market correction.
I'm seeing people are picking up 911's left and right. On CarGurus 3 992 911 S's I had saved were all bought last week.
Usually shows you are picking out decent ones I think…
@@stu4181 Yes, but 2 of the 3 were sitting around for a long time. One of them was only a week old tho. They were all around the same price and had good spec, of course
I noticed the same exact thing, it seemed like it was finally a buyers market …..then it’s like spring fever took over early this year, interest rates be damned and all 🤔
Absolutely awesome video and information! Can you do an analysis on the BMW M4 GTS? Please 🙏🏻
996 - best value sports car available in todays market.
These cars are just not selling , I have cars on my watch list for months and they are still sitting. I seen 991.2 GTS get sold at auction in STL and ended up in Texas at different Porsche Dealership,
🤔Me watching this video with extreme interest
🤭👈My bank account, knowing full well this is still a fantasy
Love your content! Thank you. Could you do a video on the Rolls Royce Cullinan. I ordered a Black Badge about a year ago when they were trading almost $200k over sticker. Mine arrives in August and the market seems to be very different.
I never understood how the 911 holds value when Porsche has made so many of them, it’s not like your getting an exclusive car
Cuz it's not a show off car, it's subtle
They don’t make enough, try ordering one from your dealer without perviously buying at least a macan or boxster without paying msrp or waiting for the end of the run, probably just won’t happen
Hahaha i see like one 911 a month. So wtf u on about
Me too specially that the panamera cayenne and macan dont
@@sunnohh went to my local dealer. $10k down and wait for your order at MSRP for a new 911. Not that hard - now if you’re after a GT 911 car that’s a different story.
interesting to see the prices on the 997.2 GTS models drop so much. Although some mom and pop dealerships are asking Turbo money for them. That is my next target purchase, a C2 or C4 GTS. Really appreciate the information you provide.
Never buy from a dealership that's not a Porsche one. I'd buy on Bring a Trailer before I trust a used sports car dealer.
@@bondking0077 privately owned independent dealerships that sell Porsche or other luxury sport vehicles.
@@dabrula there are decent private dealers out there. Yes there are shady ones too. The disadvantage you have on BAT is ordering a PPI on the car unless the seller is willing to allow you to do it. People that are willing to just pay for the car will overpay with no guarantee the car is sound. The advantage of a mom and pop is you have the time to inspect the car. Yes they are usually more expensive than a private seller and BAT or other online auction but you can walk away from a sale. BAT and Pcarmarket you cannot. You’re committed to buying the car. That’s a big gamble to take on a car you’ve never driven much less inspected. You’re basically looking at pictures and what the seller posted. Great for less expensive cars, but not for cars in the 6 figure range which is most mid to high range 911s.
@@bondking0077 well that’s where your individual part comes in to inspect the car. Trust me I rather not buy from them. I simply keep shopping for the right car.
@@bondking0077 I’m waiting for the right car. If it means waiting a year or longer, I will.
prices went up for the 992. so much for speculators
they are not dropping in Canada, I have been watching and the Porche dealerships are keeping the prices up no matter what.. 4S is selling for 20k to 40k use more than new prices (1 and 2 year old)... some other models like turbo are 50 to 60k more than new, and GTS is 30k roughly.. its disgusting actually..
I live in Florida and have a friend in the business, and even he paid $5k over MSRP for a Carrera S. The dealers here claim that every car that comes in is either pre-sold or never sits on the lot for more than 48 hours.
Most useful channel in all of RUclips!!
Can you please do a comparison between US and China supply of new cars? The numbers on the 982 are insane.
Just bought a 2021 992, and it felt like a good deal. Below retail value based on CARFAX pricing and had everything I needed / wanted from exterior design. If you’re in the market and see something you can afford, a CPO is not a bad idea now. Dealers are still marking a premium on new 2023 models, and 2024 will be marked up by $8k in the US.
I'm in the market for a 992, so these videos are very helpful. Thank you
I’d love a 993 and previous generation video! I noticed 993s are actually going up in value.
The comments on the 997.2 GTS are too broad because a clear distinction needs to be made between PDK and manual transmission models. The total number of manual transmission GTS models delivered in the US was less than 300 cars and cabriolets are even more rare. Supply and demand…try finding any with low miles and see if what they cost.
Agree. The sold cars he's using for this analysis are PDK based on his references. Still it's boggling how much better the 991.1 GTS held its value compared to the 997 GTS. All that said, good luck finding a no-stories 6MT 997 GTS with under 50k miles for anything under 80k.
Yes, the trend is mainly influenced by the PDKs as there are more of them for sale. The trend for the manuals is unreliable due to the small market size.
I know it's abit earlier to say...the GT4RS values are going to be interesting..
Thanks again for smart analysis.
Any update about Audi R18 V10(+) and european market ? Does inflation will draw used car prices UP ?
I hesitate with a Porsche 911 996 or 997 Turbo, c4S or 991 c4s. it's a hard choice
This is the latest market update for the R8: ruclips.net/video/wOAP5G3ly9U/видео.html
I am aiming to add the European markets during this year. So far, the correction does not seem as big as in the US.
What about the Targa’s ? And the very rare targa 997.2 4s manual ?
Very nice video, as usual!
Question: I have a 2001 Aston Martin DB7 V12 Vantage (Coupe), with a rare manual transmission. I would like to know whether the prices for that car can expected to be increasing in the next years? Any idea? PS: I am from/in Germany.
Many thanks!
Considering picking up a 991 dot one S around December. Hopefully prices will further flatten in the US.
I wouldn’t expect flattening, even said it in the video. Expect 5-10% price decreases YoY. Should be cheaper now than when you posted though.
Nice sport car but the price was too expensive to buy it in Taiwan Market.
价差40%
Cayenne GTS s please
Driving 992 Turbo S 💪 not for sale
I may be able to afford a base 997.1 yet! I'm sitting on the sidelines and waiting to pull the trigger.
99 996's are beautiful, unique, and designed by the old guard, almost no options, only sub 3000lb/300hp 911, more engaging, headlights look lovely in my garage. 997's too many buttons, cheap materials trying to fake people into thinking quality. Later models bigger/heavier = Panamera coupe, no thx.
Thank you very much
CAN YOU MAKE A ONE OFF VIDEO ABOUT 911 UK MARKET - as in price trends please
BMW M cars. Very interested specifically in the M2 Competition.
These cars are very frustrating. I have attempted to buy a 911 on three occasions over the last 7 years and each time I picked another car. I just could not justify the hype and premium price. True car enthusiasts know there are comparable options today. Don’t buy the hype. I do have a classic Porsche and those cars frankly had more going for them. The modern 911 performance and mystic has long been closed by others. That is the very sad truth.
I'm in the market for a GT3, I'm looking at the 992 GT3 but wouldn't pass on a nice low mile 991.2 GT3. Unfortunately prices are not dropping, they are holding steady. And putting an order in for a new 992 GT3 isn't even possible right now.
same for the gt4rs even porsche claimed they gonna make a lot of them to fulfill the demand
Can you talk about the Turbo and Turbo S in the 991.2 2017 to 2019 please
I would like to know your thoughts too. I have found several I like.
This is the latest market update for the Turbo: ruclips.net/video/Q6Dca2jOaps/видео.html
Hi, I saw your video and I appreciate your analysis which was two months ago. I'm planning to purchase 911 turbo S 911.2 series. DO you think the price for this series still going down? There is a way to contact you directly by email or by phone?
Any chance you can review the 993 air cool?
Do you think the 997. GTS4 is at the bottom and will stay flat for me it’s the one ❤
Always look forward to your market analysis. Great video
Thanks for this! I'll be in the market in the next 2-3 months for a 991.1S, so this definitely helps
A 2017- 2019 911 Turbo S prices are well in excess of 160k Plus.
Hi, how about analysing the JLR Defender market ?
I'd love to see another breakdown of Jag F Type values.
What numbers are you based of? It's so complicated to put everything in numbers since we don't know the true prices are the cars sold, condition of the cars, options of the cars. I just find it hard to believe how the graphs are generated...
Exactly.
You can't discuss 997 gen 1 or 2 without taking into account numbers of Manual Vs Automatic. What about mileage? What about options? What about fluctuations in Trade vs Private sellers? What about when a couple of desperate sellers enter? Or a few ropey example enter cheap? Or that car sales tend to be stronger going into Spring + Summer, especially with Cabs?
I mean, really, this can't be taken very seriously. It's literally Autotrader and a spare lazy 10 min.
Better to have simply originally taken 5 cars from each model and then every 3/6 months compare with cars with pretty much the exact same specs and mileage and seller type. Like for like. Instead of plotting scatter graphs.
I bought a c4s 997 with 38k miles in 11/21 sold it with 45k miles in 1/23 for the same amount.
What about the 997.1 GT3 RS 4.0?
No car is an investment... I can however tell you that the 911 Carrera, of any model designation, us the best bang for buck car you will ever own... Resale value does not matter because I will NEVER sell it...
If the average price for a 992 4S is about 130K now.
what do you think the price for that trim model will be next Spring ? 120? 115? lower?
To bad in mexico prices just go up never down
prices will still go down in 2023 - 2024 as you didn't cover inflation and the fact the banking sector is collapsing.. people will sell their cars first, when money becomes tight and well before their house is repo'd by the bank, therefore I"d say all car prices will plummet with a glut of the market at then of 2023 into 2024... that's where I'll be buying mine🤣
Yesterday I bought a 996.2 C2 coupé manual without an accident with a mileage of 128,000 km for €32,500, so it was a good purchase
Thanks for all your hard work. Appreciate it
Does anyone know the source of this data? I am interested in doing some of my own analysis.
Thanks for the informative videos by the way! This is definitely one of the most useful YT Channels!
I wish they were that cheap in the Netherlands.....
These are always really accurate representations. I realized I'm better off buying a brand new 992 T with manual transmission without too many options. Costs the same as a used 992 or 991.2. And it will be a manual with sport chrono and PTV.
Have you done analysis of 993 including low mileage vs high mileage?
I only did the 996 and newer unfortunately.
I don’t buy them because I’m worried about depreciation
I buy them to drive the crap out of them, I figure 1 dollar per mile in additional depreciation for my adventures
As long as the 996 doesn't go stratospheric in the next few years I'm good 😂😂 and by the looks of the trends and the CI's it doesn't seem like that'll be the case
Any analysis on the BMW M3 series?
Not yet, but I started to track the prices for them.
Love your channel. It would be great to see BMW M models and it’s different variations….M, M comp, M CS and CSL
first, you can't buy a car without dealer's allocation..so this video is a jock
Have a look at the latest carrera market update. This video is already quite old.
Even after watching this, I still couldn't afford to buy one
Watched the vid, still can’t afford one 🤷🏻♂️
911s are so common and boring
Nissan GTR please.
Sir , could you compare the Turbo s. market specifically ; 997 , 991 , and 992 .
Thank You
I wouldn't mind msrp, but I'm not paying 20 to 30 grand OVER msrp.....
Analysis of the air cooled market eg 964? Thanks.
The Porsche Cars are def. to expensive! If you buy a 2 Year old BMW M850i converterbil x drive with full options you have to pay around 110ooo Euro gross. For a comparable Porsche ( this will be a 992 4 GTS Convert. you have to pay easy 175000 + Euro and you less extras like neck warmer a real trunk usw. and you can drive a V8 with 50 HP more for less in a min. same even better quality. Porsche is the same like Apple no body needs it everybody wants it and the company knows it !!!!
They’re a volume car
I got my 992S 911 for £95,000 in 2020 it’s now about £85,000
What is the depreciation per 1000 miles for the 992 s
Could you do analysis for all Land Rover, the new models prices are higher
Havent seen the price drop in Australia. I guess our market is too small.
So no comments about the GT models? interesting.
They have their own market update
But it is still hard to find an used 992 c2s or c4s in washington...
Great video, do you have any insight into the Turbo market?
Awsome
Porsche just announced priced increases in the 15% range for 2024 cars and allocations remain tight. I don't think we'll see prices dropping much further for 992s. I wonder if they'll bottom out and reverse slightly?
I checked the GT3, still expensive af.
Please can you do the same review on the UK market?
I’d love to see this for the Lotus Elise and Exige.
Any analysis for Mercedes SLSs and SLS Roadsters? Where is the data coming from?
Only this: ruclips.net/user/shortsmV4KPF-3PSU?feature=share
I can say that the german market is not dropping. Now the spring is close before and the prices are raising...
True, the situation is different in Germany.
Good analysis... how do you see the 997 GT3 price behavior?
Have a look at the latest GT3 market update.
the price is just going to normal levels
Porsche is love and life!
Great video. Thanks
I look for the 996 Targas
How do I change Handle
Take a shot 🥃 every time he says the number "9" 😅😅
Proost 🍻
U r crazy lol .. GT3 went up the price
This video does not cover GT3s
nice review
Thanks for doing this! Do you have an update coming for the cayman and Boxster?
In a few weeks i think.
@@fourwheeltrader no rush, looking forward to it!
Nice analysis