The Porsche 911 992 Carrera Takes Its First Hit | Bigger Decline ahead?

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Fourwheel Trader - Car depreciation analysis

Fourwheel Trader - Car depreciation analysis

Күн бұрын

Пікірлер: 139
@fourwheeltrader
@fourwheeltrader Ай бұрын
*What car would you like to see analyzed next?*
@MohamadAlwazzan
@MohamadAlwazzan Ай бұрын
Porsche Turbo S 991.2 17-19
@fourwheeltrader
@fourwheeltrader Ай бұрын
@@MohamadAlwazzan Did you already see this one? kzbin.info/www/bejne/fnjMmq2KfcehipIsi=SQA-YEKmdnsBdapF
@Flushandfit
@Flushandfit Ай бұрын
E92 M3!!
@j.r.986
@j.r.986 Ай бұрын
Are ‘19+ Aston Martin Vantage prices absolutely tanking? They were $170-180k new with options originally, and now you can get them in the $70ks, which is almost Taycan Turbo levels of depreciation 😮 Wondering if the 2025 facelift or V12 introduction are killing them
@a004
@a004 Ай бұрын
Alfa romeo Giulia quadrifoglio!
@gregs8685
@gregs8685 Ай бұрын
It’s about time. The prices are stupid.
@EvoraGT430
@EvoraGT430 3 күн бұрын
For a mini-Panamera, especially
@nafnaf0
@nafnaf0 Ай бұрын
Well for the 2023 and 2024 cars, Porsche really jacked up the prices on them without really much of any benefit over the 2021 and and 2022 cars, so for them to come closer to inline with the 2021 and 2022 cars makes sense. The Porsche 911 market is one of the most interesting car markets around
@jj2950
@jj2950 Ай бұрын
That makes sense… the used 23/24 values are just back where they would have been (without the huge new car list price rises)
@Gadfly2025
@Gadfly2025 Ай бұрын
Porsche sales down 33% in China. Shape of things coming global recession
@jkoysza1
@jkoysza1 Ай бұрын
I was ready to pull the trigger on a new Targa when logic intruded. Still want one, but not at 175K.
@DCPEvo
@DCPEvo Ай бұрын
Owners will be fine. Like every generation it will be ‘the last of’. So far we have, last of: air cooled, naturally aspirated and soon non- hybrid.
@Lecruque
@Lecruque Ай бұрын
you forgot the last of the analogs - 997's. I agree it's a bit stupid. Turbo's were all the hype, untill everyone gets a turbo. I mean, come on!
@KevinLee-ro7ui
@KevinLee-ro7ui Ай бұрын
Just got my 2024 992T manual with LWB seats, probably the last few allocations, called many dealers this year, no allocations and found one in Southern California to my spec with minimum options and the last of the 992.1. Will never sell it, so value don’t matter to me. Porsche collecting, looking for a clean G50 next!
@Yakman18
@Yakman18 Ай бұрын
I think there’s been a realization that the 991, .1 or .2 depending on one’s preference, is the sweet spot
@inflatable2
@inflatable2 Ай бұрын
When it comes to value for money sweetspot with Porsche I would go for a 981/982(718) Cayman/Boxster.. Almost the same car as the 991 911 with only a different (arguably better) engine gearbox layout, for a lot less money.. Makes way more sense to me, especially if you want a convertible (get a Boxster).. Unless of course you are ok with putting a lot more money into the car just for the extra status of a (991) 911, and/or really cannot do without those backseats.. Video that explain a lot about the Cayman/Boxster 911 family heritage: kzbin.info/www/bejne/sGm1dYepp56DhaM
@Yakman18
@Yakman18 Ай бұрын
@@inflatable2 Well, as someone who has a 6MT GTS 4.0 I couldn’t agree more! A very pure driving car and that big NA engine is hard to beat. And significantly cheaper than a 911
@CraigPulliam
@CraigPulliam Ай бұрын
@@inflatable2 I noticed you didn’t mention looks…The 911 is far more pleasing to the eye.
@inflatable2
@inflatable2 Ай бұрын
@@CraigPulliam That's 100% subjective.. Plenty of people prefer the looks of a Cayman or Boxster, especially over the lastest 992 911 which many think has gotten to big..
@CraigPulliam
@CraigPulliam Ай бұрын
@@inflatable2 I buy that but I’d argue the size of the car is more about driving dynamics than looks.
@WFO.
@WFO. Ай бұрын
Love my 992.1 GTS manual
@s.gharavi1614
@s.gharavi1614 Ай бұрын
And love has made you blind
@WFO.
@WFO. Ай бұрын
@@s.gharavi1614 Your Mom loves the car 😜
@nafnaf0
@nafnaf0 Ай бұрын
Long term, that will hold its value well. I think it will take a decent number of years before they become become appreciated, but I am almost certain they will. The 992 platform is so good, and the 992.1 is last of the manuals for the S and GTS.
@WFO.
@WFO. Ай бұрын
@@nafnaf0 Think you’re absolutely correct. Have a good weekend
@WFO.
@WFO. Ай бұрын
Thanks. You too
@Michael-ri4vo
@Michael-ri4vo Ай бұрын
Porsche is a hedge against inflation
@EvoraGT430
@EvoraGT430 3 күн бұрын
Exactly. They're not actually sports-cars any more.
@twfinc6855
@twfinc6855 Ай бұрын
A new 4S in Canada in 2020 was about $155k, I priced one.. lease for 3 years buyout was about 94k... Now used 2020 are selling for 150 to 170k lol... insanity.. a new 2024 is around $200k.. better to just buy a new one or a 2023 for 180 to 190k
@madfemurfast
@madfemurfast Ай бұрын
Not enough a hit for me to buy one...
@s.gharavi1614
@s.gharavi1614 Ай бұрын
Most 911s and Caymans are 30%+ under depreciation, so that's going to balance out eventually. It's just a matter of time.
@smiconsulting8434
@smiconsulting8434 Ай бұрын
Agreed. Waiting for an event that most surely is coming and that should give us the adjustment downward that has been a long time coming for not only Porsche, but Lamborghini and other exotics as well.
@HaiRune
@HaiRune Ай бұрын
@@smiconsulting8434I think the best strategy is to pretend porsches suck then we’ll all buy one when they least expect it
@klausnielsen7102
@klausnielsen7102 Ай бұрын
They still lack 20-30% depreciation in my wold.
@hadgkiss
@hadgkiss Ай бұрын
You neglected to mention the fact Porsche put the price up 20% on the 992.1 Jan 2023. Since owners of 2019-2022 models are happier to sell at close to cost, those that paid the increased prices copped a bit of an artificial drop. Great analysis, thanks.
@De132an
@De132an Ай бұрын
My 2024 992T and I …Thank you!
@degenviking6068
@degenviking6068 Ай бұрын
I think T is a smart purchase.
@lkearney7299
@lkearney7299 Ай бұрын
The 991.2 is more of a pleasant mix between digital and analogue.
@juhakivekas2175
@juhakivekas2175 Ай бұрын
Jake Raby has stated in an interview on youtube (I think his own vid series) his preference to early 996 due to being the most reliable. It will interesting to see how this affects the price. His words have previously had major effect on 996 second hand prices.
@EvoraGT430
@EvoraGT430 3 күн бұрын
They still wear crankshaft main bearings out, though. 996s with a Hartech rebuild are great; without, they are sadly all time-bombs (GT3s and TTs excepted).
@josemariah.5421
@josemariah.5421 Ай бұрын
I´ve bought a 992.2. and I´m so happy...😍❤
@OtterSwims
@OtterSwims Ай бұрын
I love your channel. I dont own any of these luxury cars but with the information you provide, atleast i'm more informed!!
@fourwheeltrader
@fourwheeltrader Ай бұрын
Thanks for tuning in
@lapchoine6600
@lapchoine6600 Ай бұрын
If you want to buy a 911 let the prices continue to drop due to high interest rates. The car market is so slow that you will see more discounts and many just sitting on the lots for over 4 months.
@mountain_walker
@mountain_walker Ай бұрын
I think there’s a new car fatigue out there right now. Whilst they’re without doubt better than the previous generations, they’re almost, dare I say, too good? I know so many people buying performance cars from the 90’s and 00’s now. They have their flaws but that’s part of the appeal. It’s character. I really think this is where the market will be in the next 5 years or so.
@nafnaf0
@nafnaf0 Ай бұрын
Yes, I agree. I think we will see a decent trend down in the 992 market for the next few years and then it start to stabilize. I think it will certainly stabilize once the 994 comes out.
@993mike
@993mike Ай бұрын
Being in the Porsche ownership club for 30 years now with 13 cars owned, I kind of see a bit of pushback on the 992 models with enthusiasts. I’ve never cared for all the black plastic on the front and rear ends, and not everyone is on board with the interior, and there have been a few quality issues with the new cars. The design of the 991 models were much cleaner, and the interior has the perfect mix of analog and digital gauges keeping the heritage alive. In my opinion the 991.2 S and GTS are just about perfect to me for a non-GT3 car. I do currently own a 991.2 GT3, and to be honest have no current plans to switch to a 992 version.
@danv8717
@danv8717 Ай бұрын
​@@993mikeI would have to agree. I would take a 991.2 GT3 RS over a 992.1 GT3 RS any day.
@Shiba_Inu_Des
@Shiba_Inu_Des Ай бұрын
Bought a new '24 911T Manual, very well optioned at MSRP back in late in June through online searching on Porsche's website. At that time, there were over 25 new 911 T manuals nationwide. Today, looking at the Porsche website, there are only 2 new 911 T's with a Manual left in the U.S. market. So glad I pulled the trigger when I did. Never thought I'd buy a new Porsche sight unseen, never set foot on the dealership, as it was an out-of-state purchase. IMO, Porsche killed the 2025 Carrera's by removing the analog tach and the iconic turn to start switch.
@twfinc6855
@twfinc6855 Ай бұрын
In Canada a used 2020 is still selling for the price it was when new in 2020.. car prices here are not dropping
@GRN764
@GRN764 Ай бұрын
Where are you getting these figures? Are you using the original ADM adjusted sales prices? It seems like the vast majority of 23/24 GTS are selling above MSRP.
@just2view874
@just2view874 Ай бұрын
How would determine the depreciation rate of cars in market with low supply?
@ClubPorschedelOuest
@ClubPorschedelOuest Ай бұрын
Thank you !
@dBsdecibels
@dBsdecibels Ай бұрын
Timely! Hearing a lot of concern about prices weakening across 911 generations. Your data conflicts with those anecdotes. Data > hearsay. I have no plans to sell, but markets are fascinating to follow. Thank you for continuing to aggregate these!
@cigarjefe
@cigarjefe Ай бұрын
I’m in the market for a 992T. Thank you.
@kirk8359
@kirk8359 Ай бұрын
Where are you getting this data? Also manual cars will offer a better return than PDK cars, which can affect the numbers. In Canada prices are definitely decreasing faster on 991.1 and 991.2.
@Gadfly2025
@Gadfly2025 Ай бұрын
Porsche sales off 33% in big China market . Soon coming to your country too 😵😵
@mtnvalley9298
@mtnvalley9298 Ай бұрын
pfffft
@RB-xv4si
@RB-xv4si Ай бұрын
Good. We don’t want them having too much influence over car designs anyway. We’ve all seen the results of their excessive influence over the latest BMW designs…
@Gadfly2025
@Gadfly2025 Ай бұрын
@@RB-xv4si I go to China trade shows . They have lots of clone cars and MCycle. They even clone the motors too . Lately the fit and finish quite good . Hyundai seems to clone BMW driving characteristics quite well. Unfortunately we are heading for global recession or worse . 2008 redo ? Expect Stimulus albeit too late
@presley1234567
@presley1234567 Ай бұрын
Cars in vent and especially EV are getting too expensive. Before the pandemic you would see a drop in price bit as prices are so high now, plus higher I tweet rates, buying used is more expensive, hence prices are dropping harder. There will be a car price bubble burst in the next 2 to 3 years. These prices cannot keep on going up as demand, especially on premium models is dropping, even more so on new models. You need a £20k deposit now to buy a £90k car, that would get you a monthly payment of £1400, crazy for say 3 years right 😧.
@MrEamonBrennan
@MrEamonBrennan Ай бұрын
Owning a porsche cayman or 911 has always been a dream of mine. But damn these prices!!!!
@JCDXB74
@JCDXB74 Ай бұрын
992.2 is here and so many 992.1 are on the road with increased prices when sold new . Logical
@ArnoldWinters
@ArnoldWinters Ай бұрын
Of course the prices of the 992.1 have declined as the 992.2 was announced. The 992.1 is essentially out of date and the new ones are the 991’s that people want.
@MrNufzed
@MrNufzed Ай бұрын
Recent porsche price increases ,new and used, imo went too high! i'm not surprised. Take a moment, since when did a carrera ,with nominal add-ons , become worth 135k.So i'm not surprised. And a carrera gts in 200k region? That's stupid, imo they will follow.
@pvnbg
@pvnbg Ай бұрын
I would like to see inflation adjusted metrics. Relative prices in $$$ are not very informative in times of high inflation like post covid.
@gd9986
@gd9986 21 күн бұрын
do 991.1 4s command higher than the 991.1s? Any idea by how much?
@robertsole9970
@robertsole9970 17 күн бұрын
I bought a 2014 991.1 C4S manual with 23k miles on it, light options for 89K in July. The 4S prices are higher
@JuanDeDiosHernandez-f7h
@JuanDeDiosHernandez-f7h Ай бұрын
How good will a targa4 gts will hold value
@ryanc4955
@ryanc4955 Ай бұрын
Sounds like I should wait on getting a 992 Carrera S then. Let me know if anyone agrees
@melvinjonesjr911
@melvinjonesjr911 Ай бұрын
Why wait.. these figures are quite accurate but understand your Porsche will bring you much joy and thrill and with that said it will only appreciate the longer you own it. Good luck
@LWRC
@LWRC Ай бұрын
How about the air cooled 911 models?
@fourwheeltrader
@fourwheeltrader Ай бұрын
Unfortunately I do not have any data on the air cooled market. Any particular generation you are interested in?
@s.gharavi1614
@s.gharavi1614 Ай бұрын
Good. Porsche has been fleecing customers for years.
@markitrix
@markitrix Ай бұрын
Uhhh. This is the resale market not MSRP. Porsche has nothing to do with this. What you can thank Porsche for is the lower depreciation of their vehicles due to high quality. Inflation of prices are due to independent dealerships or huge demand in resale market.
@s.gharavi1614
@s.gharavi1614 Ай бұрын
​​@@markitrix listen, Porsche fan boy, I'm talking about the fundamental mechanics of finance and you're talking about your emotions. There's no mass market, high volume, consumer product that behaves the way you describe. Go somewhere else.
@markitrix
@markitrix Ай бұрын
@@s.gharavi1614 uhhh… supply and demand economics? I don’t think you know what you’re talking about to be honest. Price is a function of the market dude. And, if you want to talk about emotions, those make up a significant portion of consumer demand for a product. (It’s why marketing departments exist, to create emotional demand for products). Anyway, consider you have something to learn. These second hand markets are driven largely by emotional demand for a product. Fundamentals of finance.
@s.gharavi1614
@s.gharavi1614 Ай бұрын
@@markitrix I don't have time to give you an economics education. You are just spouting ametuer non-sense that you've been told thru other people who don't know either. Price ISN'T a function of the market. That is incredibly ignorant. For example, taxes aren't of the market, neither are import restrictions, or any government regulation. Insanity is also a market force, so even if it is a function of the market, it doesn't mean it's irrational. I can't explain to you why people loose money if you don't understand. but I am way way way above anyone you've ever met in your life on these subjects. Porsche 911 and Caymen prices are OVERVALUED and they WILL ADJUST DOWNWARD in REAL TERMS at some point. That's a fact. If you can't accept it go talk to someone else.
@kwiyau
@kwiyau Ай бұрын
Hey, can you give me the lowdown on the new Range Rover or Sport SV? I heard the prices in the UK have taken a nosedive because of all the thefts. How does it stack up against the US or Germany market?
@EvoraGT430
@EvoraGT430 3 күн бұрын
Yeah they can still get stolen/breakdown just as easily there, too.
@WilliamTaylor-q8n
@WilliamTaylor-q8n Ай бұрын
Can you do an analysis on a 992 Targa 4S please
@markomonge9353
@markomonge9353 Ай бұрын
EV analysis? in overall would be interesting very very cool analysis
@TejTalks
@TejTalks Ай бұрын
Does the UK follow?
@Elberoth
@Elberoth Ай бұрын
2024 cars became less desirable, simply 'cos Porsche has introduced 992.2 models. Pppl who were interested in a few months old cars, now set their sight on .2 cars. Simple as that.
@ForgetfulFoot
@ForgetfulFoot Ай бұрын
I saw a Porsche manufacturer report a while back that the average income of a brand new Porsche buyer was roughly $400,000 USD per annum. If I was earning that much per year. I probably wouldn't care if my car depreciated at these rates.
@madfemurfast
@madfemurfast Ай бұрын
@@ForgetfulFoot I'm sure you would. Nobody likes their money evaporating into thin air.
@ChristopherDeane-e9i
@ChristopherDeane-e9i Ай бұрын
ASTON Martin , Vanquish
@MichaelADeLeon
@MichaelADeLeon Ай бұрын
Where does he get all this speculation? None of this information has been validated. This is NOT TRUE! And where is this man from?
@fourwheeltrader
@fourwheeltrader Ай бұрын
The price trends are data driven and descriptive. I rarely talk about future prices and if i do so i outline that it is pure speculation.
@billm7035
@billm7035 Ай бұрын
Wait till 25’. Some nastiness coming
@andygtv
@andygtv Ай бұрын
Mass production cars will depreciate
@ricsu3462
@ricsu3462 Ай бұрын
absolutely stunning. mass produced cars that actually appreciates, mind blowing (997). that's why there's the porsche cult
@nafnaf0
@nafnaf0 Ай бұрын
The 997 becoming stable makes sense, there really arn't any cars like that available today. It is smaller, and has a much more analog feel. The 997 911 Turbo manual is particularly special.
@petrolheadracing
@petrolheadracing Ай бұрын
993 c2 and c4 market
@hcAsicted
@hcAsicted Ай бұрын
992.2 incoming, ofcourse it will correct.
@s.gharavi1614
@s.gharavi1614 Ай бұрын
Porsche fans are pretty delusional, but eventually reality sets in. Most models are literally loaded with a 40% depreciation drop that will happen one way or another eventually
@dBsdecibels
@dBsdecibels Ай бұрын
@@s.gharavi1614 Certainly possible, even plausible. There are situations where prices CAN stick though; revaluation. If a product is seen as undervalued for what it is, then depreciation can stay low, stop, or even appreciate. This is rare, but it does happen. I always thought Porsches perform above their price class, so I could see COVID easy cash / inflation kick starting a value reassessment in consumers. Not hugely likely, but certainly possible.
@nojabs999
@nojabs999 Ай бұрын
.2 hybrid 💩 💩 💩 💩
@SWR112
@SWR112 Ай бұрын
Why are people surprised brand new Cars taking a hit when you take it out the dealers. The whole Car market is in a mess, if people think your buys supercars these days and making money then I personally think your nuts. Those days are gone and Porsche is firing out Cars at a rate of knots. Ferrari are taking hits too with people buying Cars they don’t want to get on the favourites list for new models and selling them the minute they can. Let’s face it Porsche is a fantastic brand many would love to own at least once and that will always make a difference.
@simplydegen
@simplydegen Ай бұрын
for Germany?
@fourwheeltrader
@fourwheeltrader Ай бұрын
German data is included in the video.
@AlexanderWatson-c6o
@AlexanderWatson-c6o Ай бұрын
Please consider making a video on the best way to determine the value of a 911 in the US market.
@Michael_p_shea
@Michael_p_shea Ай бұрын
Hi, can you cover the AMG GT market again? I am specifically shopping for an AMG GT C 2020 to 2021. One of the challenges with this market is that the various models are categorized incorrectly on many websites. S’s are being sold as C’s and Black series as R’s. Quite a mess and/or scamming from dealers.
@fourwheeltrader
@fourwheeltrader Ай бұрын
They are included in the next video.
@ngkeong3387
@ngkeong3387 Ай бұрын
Just buy in cash , you dont need worry the depreciations. All cars depreciate
@robertsole9970
@robertsole9970 16 күн бұрын
@@ngkeong3387 GT3 does not, GT3 RS does not, and a 997 manual turbo does not. The 911R as well, and the 911ST and Speedsters don’t either.
@edgarsdzerins
@edgarsdzerins Ай бұрын
Prices slide, not value! Pickups doing work have value, 911s are useless luxury (I love them) that has only a price!
@mtnvalley9298
@mtnvalley9298 Ай бұрын
nonsense
@goat9199
@goat9199 Ай бұрын
BMW XM depreciation
@kurtvonmechling
@kurtvonmechling 24 күн бұрын
991 update
@fourwheeltrader
@fourwheeltrader 24 күн бұрын
It is included in the video, have a look.
@TGCREken
@TGCREken Ай бұрын
Buy a 718 Spyder! Holding values and better car for the money
@MRAZAKA
@MRAZAKA Ай бұрын
Bring Trump back as president when a 911 gts cost 150k ..now is over 200k
@PaR2020
@PaR2020 Ай бұрын
Porsche cars are just cars. The fact they depreciate so few means its just another temp bubble of wishful thinking. It will burst when its time comes.
@ryanc4955
@ryanc4955 Ай бұрын
I want one but there is a part of me that says what’s the point of a garage trophy? I don’t drive all that much so why get a fancy car
@mtnvalley9298
@mtnvalley9298 Ай бұрын
pfffft. time says you are wrong
@WilliamTaylor-q8n
@WilliamTaylor-q8n Ай бұрын
Can you do an analysis on a 992 Targa 4S please
@WilliamTaylor-q8n
@WilliamTaylor-q8n Ай бұрын
Can you do a analysis on 992 Targa 4S please
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