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Are Porsche 911 Carreras right now as cheap as they will ever get? The answer might surprise you.
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So, are 911s right now as cheap as they will ever get? In all likelihood no. But the price development during last year shows that this market is incredibly strong. When it comes to the 991 and 992, we saw large price drops in the second half of 2022, but relatively stable prices throughout 2023. Instead of selling slower, cars are selling quicker again and unsold inventory is discounted less than at the same last year.
When it comes to the older generations, and especially the 996, we saw that it was almost immune to the market correction. In two years’ time, a car that was not driven only lost 4.5% or 1.4k. A sudden crash in 996 values seems then also unlikely to me.
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.