992 Turbo S Prices

[finmac]

I have been following 992 Turbo S values and prices. As we know Porsche have been churning them out and selling the dream to those who can’t get GT cars, as such the market is flooded - near 120 on Autotrader currently for sale. Currently starting at £135K for an OPC 2021 reg car.

Interested in peoples thoughts on residuals and where theese early cars need to slide to before stabilising somewhat and their depreciation curve flattening out - £100K?

[IMI A]

The next 992.2 turbo s is going to have a smaller capacity 3.6 litre engine and hybrid gubbins. After flattening out I think you're right these should stabilise at around £100k to £120k maybe a bit more. A nice 991.2 turbo s is still £110k + hence I can not see a 992 turbo s being worth less unless it has higher miles. Porsche really did go mad with 992 turbo s production but I do not think it will effect long term residuals looking at current very strong 997 and 991 turbo s residuals and everything from manufacturers going hybrid or full electric. I'm thinking about ordering a new gen 1 2024 992 turbo s cab myself as do not want the electric stuff. Extra complication and more to go wrong.

https://www.pistonheads.com/buy/listing/15970041

[PinkHouse]

Your math is off by over £20k, https://www.pistonheads.com/buy/listing/15622243 here is an approved 991.2 Turbo S with similar mileage for just £90k (the OPC ad reflects the latest price reduction - https://www.sytner.co.uk/vehicle-details/91c0517a-... ) So the 992 still has a fair bit to settle.

The upcoming Turbo S may have a smaller capacity engine, but it is based on an evolution of the current 3.0L unit, rather than the 3.8 which is significantly heavier and has been a limiting factor for a while now. This should help with weight distribution and make it more driver focused.

[IMI A]

The current 3.7 is a a development of the current 3.0 too. Its in no way related to the 991's 3.8. They will dip but long term I expect them to settle. There's a fair few nicer ones in terms of the older 991 model at £110k plus too. We'll soon find out. I hope you're right be nice for them to be around £100k but I only see leggy ones at this sort of money for the for the next 12 months.

[finmac]

Suspect you’re right - going to take another 12months or so for prices to settle/stabilise I suspect. Interesting to see where things sit Dec this year.

[IMI A]

Also looking at the pics of the new turbo s mule's front end think the gen 1 may be nicer looking. We shall see soon enough

[PinkHouse]

IMI A said:

Also looking at the pics of the new turbo s mule's front end think the gen 1 may be nicer looking. We shall see soon enough

I always find the facelift worse looking than the prior models but over time the looks grow on me, I found the same with the 991.2 and 992 models where I initially preferred the older models

[EdJ]

PinkHouse said:

I always find the facelift worse looking than the prior models but over time the looks grow on me, I found the same with the 991.2 and 992 models where I initially preferred the older models

I know what you mean, but with the 991.2, I thought it really changed for the better. And the interior improvements made it a no brainer (CarPlay etc).

[IMI A]

Looks wise I think Porsche have knocked the ball out off the park with the gen 1 992. Really good looking car. The gen 2 mules I've seen with their funny front ends and active aero/cooling look flipping awful. Having said that I think the GT3 and RS look ugly too and I normally like them the most of any model.

[Sierra Mike]

I’ll just put this here:

[finmac]

Sierra Mike said:

I’ll just put this here:

WOW, that is a lot of Turbos - with these numbers of new registrations its hardly a surprise there are multiple cars looking for homes both new and used.

[rootsandculture]

Hmm … 100k in the near future?

From a buyers perspective …

Reasons I don’t want to buy one

- they’re more plentiful than oxygen
- we all know they’ll be worth 40 quid in 2 years time
- NOT going to be funny to resell if I don’t like it
- they don’t sound great
- everyone will think I’m a bell at track days
- too fast for road… blah, blah, blah
- I don’t want another Porsche
- I hate my OPC

Reasons I’ll probably end up buying one

- I now need a 4 seat sport car that is good to drive and feels special

Long before they reach 100k, the basic principles of what they do uniquely well and lack of alternatives will have kicked in for me and likely many others.

[Davyt]

Can’t see them dropping to £100K anytime soon, take the plunge if you want one otherwise you’ll end up being another ,, Wooda, shudda, coulda type person,,

[Sierra Mike]

Davyt said:

Can’t see them dropping to £100K anytime soon, take the plunge if you want one otherwise you’ll end up being another ,, Wooda, shudda, coulda type person,,

I can see them dropping to £100k and below within 18 months. The Turbo costs not much more than a Boxster to build but Porsche gets circa £100k more for each car retail which is the reason they flooded the market. The 992.2 is around the corner, and will be a better car. The mild hybrid will combine EV style instant torque low down with a powerful twin turbocharged ICE . Performance will be phenomenal. The 992.1 Turbo S is a great car but it will soon be yesterday’s news. I’m not surprised there are currently 131 for sale on Autotrader. Values are only going one way and that’s down. It’s just a matter of when you want to hop on.

[Sidsw]

Sierra Mike said:

I can see them dropping to £100k and below within 18 months. The Turbo costs not much more than a Boxster to build but Porsche gets circa £100k more for each car retail which is the reason they flooded the market. The 992.2 is around the corner, and will be a better car. The mild hybrid will combine EV style instant torque low down with a powerful twin turbocharged ICE . Performance will be phenomenal. The 992.1 Turbo S is a great car but it will soon be yesterday’s news. I’m not surprised there are currently 131 for sale on Autotrader. Values are only going one way and that’s down. It’s just a matter of when you want to hop on.

agree could be heading that way sooner rather than later. they built far tooo many cars for uk.

[Davyt]

Sierra Mike said:

I can see them dropping to £100k and below within 18 months. The Turbo costs not much more than a Boxster to build but Porsche gets circa £100k more for each car retail which is the reason they flooded the market. The 992.2 is around the corner, and will be a better car. The mild hybrid will combine EV style instant torque low down with a powerful twin turbocharged ICE . Performance will be phenomenal. The 992.1 Turbo S is a great car but it will soon be yesterday’s news. I’m not surprised there are currently 131 for sale on Autotrader. Values are only going one way and that’s down. It’s just a matter of when you want to hop on.

Oh god yes if your talking up to 18 months time, I was thinking more in the next 3-6 months when anyone seriously looking would be taking the plunge,, for me the whole range is going to slip off the end of the cliff bar the GT cars, last time I looked I think there was approx 20 variations of a 992 available, even Ford couldn’t manage that with their base,L, GL, GXL ,,,,,, models ,

[Sierra Mike]

Davyt said:

Oh god yes if your talking up to 18 months time, I was thinking more in the next 3-6 months when anyone seriously looking would be taking the plunge,, for me the whole range is going to slip off the end of the cliff bar the GT cars, last time I looked I think there was approx 20 variations of a 992 available, even Ford couldn’t manage that with their base,L, GL, GXL ,,,,,, models ,

I was being conservative

There are a lot Turbos out there but look at what else you can buy at similar price points. Traditionally, the Turbo is a high depreciating car till it bottoms out and bounces back over time. Prices will go lower till it’s such a bargain that it would be rude not to buy one at which point prices will stabilise. I wouldn’t be surprised if cars are selling for £110k within six months. That’s not to say we’ll see cars advertised for that price however.

[franki68]

Huge oversupply and new model incoming ,be surprised if they don’t continue to drop .

[WCZ]

franki68 said:

Huge oversupply and new model incoming ,be surprised if they don’t continue to drop .

this and imo it'll push other 992's with it, why bother with a T at £90k when a Turbo is £100k!

[DMC2]

WCZ said:

this and imo it'll push other 992's with it, why bother with a T at £90k when a Turbo is £100k!

Because a T is more fun to drive. Unless you are a traffic light racer.