Does multiple owners in a short time indicate red flags?

[tarun]

This is the current “cheapest” 992 turbo s on auto trader - https://finder.porsche.com/gb/en-GB/details/7LMQM7

But looking at its specs….it seems well specced? Why is it the cheapest one? 10k miles 5 owners is the only thing I can think of. Help me find reasons why this car is at the bottom end of the market!

[ABMA]

I would be more concerned if it was 2K miles and 5 owners.
But for 10K miles, seems each enjoyed it for 2K miles..
Also it is an OPC so reassuring it has been serviced accordingly.

[supersport]

The link seems to be under maintenance but if that’s a 2021 so 4 years 5 owners and none of wanted to drive it.

That would concern me.

1 owner a year at a push but at some point someone should actually want to drive the thing and five owners who thought the drive was that worthless