Current market

Author
Discussion

LTCayman

11 posts

149 months

Sunday 28th January
quotequote all
bosshog said:
OP here. I’ve not been following this thread lately as I decided against another 911 for something more practical for the family stuff (RS4). However a quick glance at the market and it still seems way over valued unless it’s just inflation that’s moved the needle up. This is my old car which I bought in 2020 for 54k at 18k miles http://www.autotrader.co.uk/car-details/2023100928...

Seems crazy really. The only 911w which seem to be priced ok are the 992 gen for the age/milage

My only thought is people are preferring the 991.2 gen over the 992 due to size and interior quality
Was really considering purchasing this car; nice spec but heavily stone chipped and marked, damage to lip spoiler, windscreen not good.

On the look out for a well priced 991.1 or a good value 991.2, it is hard to decide what is and isn't good value etc are 991.2's set for further significant falls with the 992 prices..

Youforreal.

360 posts

5 months

Sunday 28th January
quotequote all
Armitage.Shanks said:
Youforreal. said:
CK11 said:
How do you explain that really when its a normal 911 thats 7-8k more expensive 4 years later with more miles. Is there ever going to be a normal price correction, doesnt look like it.
There’s really nothing that anyone will be able to explain to you, it is what it is, you either buy a car, accept that you might loose some money on it, might be more than you think, might be less but at least you would own and be enjoying a car immaterial of what it’s worth in the future.
Agree. The price is the price. If you don't want to pay the price you don't buy one. Wasn't there someone on here who has been waiting to buy for 7 years rofl
Think it was actually 10! He was a proper angry pup.

finmac

1,524 posts

239 months

Sunday 28th January
quotequote all
Armitage.Shanks said:
Youforreal. said:
CK11 said:
How do you explain that really when its a normal 911 thats 7-8k more expensive 4 years later with more miles. Is there ever going to be a normal price correction, doesnt look like it.
There’s really nothing that anyone will be able to explain to you, it is what it is, you either buy a car, accept that you might loose some money on it, might be more than you think, might be less but at least you would own and be enjoying a car immaterial of what it’s worth in the future.
Agree. The price is the price. If you don't want to pay the price you don't buy one. Wasn't there someone on here who has been waiting to buy for 7 years rofl

You would however expect private sellers to set a price that is below a similar car being sold by an OPC especially when they're likely to get £10k less in trade from what the dealer will list it at? The OPC warranty is to me worth worth more than the £2k for the 2yrs they offer as it's the overall package that comes with buying the car through a main dealer. So a similar car with less than £5k difference between a private sale and a main dealer, I'm buying from the latter.

There must be a realisation with some private sellers that when they list a car for sale having been given a ballpark figure through AT or WBAC et al and they get no bites or low offers they've priced it too high. Apparantly not as the car is listed for months at the same price rolleyes
Was looking at M3 touring recently. The private sellers were in the main trying for more than the BMW main dealers - no idea why they wasted the money on the Autotrader advert in the first place….

bosshog

Original Poster:

1,587 posts

277 months

Monday 29th January
quotequote all
LTCayman said:
bosshog said:
OP here. I’ve not been following this thread lately as I decided against another 911 for something more practical for the family stuff (RS4). However a quick glance at the market and it still seems way over valued unless it’s just inflation that’s moved the needle up. This is my old car which I bought in 2020 for 54k at 18k miles http://www.autotrader.co.uk/car-details/2023100928...

Seems crazy really. The only 911w which seem to be priced ok are the 992 gen for the age/milage

My only thought is people are preferring the 991.2 gen over the 992 due to size and interior quality
Was really considering purchasing this car; nice spec but heavily stone chipped and marked, damage to lip spoiler, windscreen not good.

On the look out for a well priced 991.1 or a good value 991.2, it is hard to decide what is and isn't good value etc are 991.2's set for further significant falls with the 992 prices..
It was in top condition when I had it. I had it for a couple of years. FYI I saw it for sale before the OPC bought it at about 10k cheaper from the person who owned it. Turbos went twice on it (before I owned it and just after I sold it at £63k)

ChrisW.

6,335 posts

256 months

Monday 29th January
quotequote all
It does appear that on the more modern cars an OPC warranty is good value ... of course on the classic cars over 15 years old it's not an option.

At least when these failures are costing Porsche there is a good incentive for a reliable repair to be found ...

bosshog

Original Poster:

1,587 posts

277 months

Monday 29th January
quotequote all
Regarding the turbos I understand there is an updated design

Youforreal.

360 posts

5 months

Monday 29th January
quotequote all
Guy over in the gt3 prices thread has just been offered 3k more for his car now than he was offered last year……….

diffstar

467 posts

194 months

Monday 29th January
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finmac said:
This seems like a cheap 992GTs cab:

Plastic dash on a car worth over £100k, why did Porsche make this an option on GTS yet standard on other Carrera's?

finmac

1,524 posts

239 months

Monday 29th January
quotequote all
diffstar said:
finmac said:
This seems like a cheap 992GTs cab:

Plastic dash on a car worth over £100k, why did Porsche make this an option on GTS yet standard on other Carrera's?
Excellent point

Jeremy-75qq8

1,031 posts

93 months

Tuesday 6th February
quotequote all
Other than some heavily discounted turbo s and a glut of turbo cabs ( not the s ) the deep discounting of new 911 seems to have mostly run its course from my unscientific look at the Porsche for sale site


highway

1,970 posts

261 months

Tuesday 6th February
quotequote all
Yep, you can’t get a nice, low miles, well specced 991.2 for much under £60k. Despite nice 992 starting at high £70’s.

EC2

1,482 posts

254 months

Tuesday 6th February
quotequote all
Jeremy-75qq8 said:
Other than some heavily discounted turbo s and a glut of turbo cabs ( not the s ) the deep discounting of new 911 seems to have mostly run its course from my unscientific look at the Porsche for sale site
Interesting, makes sense too. If the .2 is being launched later this year then having some physical stock to keep sales going during the switch over has its merits. I know we are all hacked off at the margin VW FS is taking on Porsche PCP sales but the best option if that is the case is to liquidate deposits or just not change cars for a couple of years.

maura

145 posts

24 months

Tuesday 6th February
quotequote all
Jeremy-75qq8 said:
Other than some heavily discounted turbo s and a glut of turbo cabs ( not the s ) the deep discounting of new 911 seems to have mostly run its course from my unscientific look at the Porsche for sale site

For sure there were some nice end of year deals, but the carnage, that the people who the price of the car will never be low enough to buy, has not materialised! Porsche will probably offer a lower APR deal near the end of March to out 992.1, but with the 992.2 being priced £10k to £12k higher, Base & S, they won’t have a problem selling them.

Youforreal.

360 posts

5 months

Tuesday 6th February
quotequote all
maura said:
Jeremy-75qq8 said:
Other than some heavily discounted turbo s and a glut of turbo cabs ( not the s ) the deep discounting of new 911 seems to have mostly run its course from my unscientific look at the Porsche for sale site

For sure there were some nice end of year deals, but the carnage, that the people who the price of the car will never be low enough to buy, has not materialised! Porsche will probably offer a lower APR deal near the end of March to out 992.1, but with the 992.2 being priced £10k to £12k higher, Base & S, they won’t have a problem selling them.
That’s what I’ve witnessed too, no massive crash as predicted, before the current market and lots of new Porsches available threads were all you seen at the top of the forum………not any more thank god!


Gregmitchell

1,745 posts

118 months

Tuesday 6th February
quotequote all
Youforreal. said:
maura said:
Jeremy-75qq8 said:
Other than some heavily discounted turbo s and a glut of turbo cabs ( not the s ) the deep discounting of new 911 seems to have mostly run its course from my unscientific look at the Porsche for sale site

For sure there were some nice end of year deals, but the carnage, that the people who the price of the car will never be low enough to buy, has not materialised! Porsche will probably offer a lower APR deal near the end of March to out 992.1, but with the 992.2 being priced £10k to £12k higher, Base & S, they won’t have a problem selling them.
That’s what I’ve witnessed too, no massive crash as predicted, before the current market and lots of new Porsches available threads were all you seen at the top of the forum………not any more thank god!
Give it 5 weeks, carnage round 2 will begin,

diffstar

467 posts

194 months

Tuesday 6th February
quotequote all
Gregmitchell said:
Give it 5 weeks, carnage round 2 will begin,
I do tend to agree, there seems too much metal to shift..

Youforreal.

360 posts

5 months

Tuesday 6th February
quotequote all
diffstar said:
Gregmitchell said:
Give it 5 weeks, carnage round 2 will begin,
I do tend to agree, there seems too much metal to shift..
Was there a carnage round one exception really being turbos?

Jeremy-75qq8

1,031 posts

93 months

Tuesday 6th February
quotequote all
There was a lot of general discounting.

I posted a while ago that the new car discounts would not last long as there was a sudden flood of cancellations that could not continue as people would just cancel.

I spoke to my dealer the other week and their view was discounts would stop about then ( he was right ) as the stock availability forward due to the 992.2 was poor and if they sold their stock at a discount now there was not much left to sell moving forward.

The " new kid on the block " seems to be the turbo ( not the s). I have never really seen any new or second hand before and now there are lots

CK11

273 posts

185 months

Wednesday 7th February
quotequote all
Where does the current market see this on a private sale
2016. 991.2s.
10 months opc warranty but nearly due the 8year service
Only 15k miles
Full porsche history on time thus far
Big spec car , roughly 20k options
Inc pdk, 18 way adaptive seats, chrono, pse, carbon interior pack, pdls, f&r sensors camera. Mint throughout.
Etc etc.

Sidsw

651 posts

86 months

Wednesday 7th February
quotequote all
Jeremy-75qq8 said:
There was a lot of general discounting.

I posted a while ago that the new car discounts would not last long as there was a sudden flood of cancellations that could not continue as people would just cancel.

I spoke to my dealer the other week and their view was discounts would stop about then ( he was right ) as the stock availability forward due to the 992.2 was poor and if they sold their stock at a discount now there was not much left to sell moving forward.

The " new kid on the block " seems to be the turbo ( not the s). I have never really seen any new or second hand before and now there are lots
discounts are still available, even on new orders. a friend placed an order for a macan s last friday, circa 82k and got 5%off. not massive but still not bad