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This isn’t surprising (whatever the source) but this also isn’t at all an indicator of how things will behave moving forward. I think we can expect 911s to depreciate a LOT more in the next 5 years and they did in the previous 5 years.
Why do you say that?
Look at the five years before Covid
Not necessarily. Remember this is for new cars between new and 5yo. MSRP, not dealer markup prices. There may be a sharper depreciation curve for older cars, but those appreciated over the past years so that’s to be expected.
This isn’t surprising? Any 991 carrera s with over 40k miles can be be brought for like less than 50k£
They depreciate like a bitch past a certain point
I don’t mind as this will most likely be the only way I’ll buy a 911. Maybe once I have 3x the amount of a fully equipped 911 of that current year I may then buy a slightly used to my liking.
I’d say the exact opposite will happen. With EVs taking over, you will get big bucks for real cars, especially if you have a manual.
Hell yeah! I love having a car on this list. (Corolla)
When put into context, it makes sense. When you have 2 year old GT3s selling for more than what their sticker price is, yeah, that can affect how “a 911 has the lowest depreciation” statistically/mathematically.
This totally makes sense, but then wouldn’t there be some hypercars above 911 who constantly sell over sticker?
For example like Bugatti or some Ferraris
I would imagine there is a qualifier for minimum number of units sold.
Probably this. Also, “911 coupe” pretty much umbrellas every model of 911 unless it’s a targa or a cab as every model is a “coupe”.
Additionally, those Bugattis and Ferraris don’t have the multiple models to help pad those numbers. A Chiron is pretty much it, meanwhile the 911 has the ST, GT3, GT2, R, anniversary editions, RS iterations, R, GTS, S, Turbo, Turbo S, etc…that helps quite a bit from a mathematical pov.
Does the 9.3% indicate that a 911 would only lose 9.3% of its value over 5 years? That’s shockingly good. Maybe that’s due to the recent unusual market conditions due to supply chain issues, Covid, etc….
I bought a Carrera 4S manual 5.5 years ago. According to KBB.com it’s now worth 13% less on trade in than I paid for it. That’s incredible value retention in my opinion.
Yes and the 911 has always been insulated a little bit since it’s the “only” car with the engine over the rear axle. If you want 911 driving dynamics, you have to get a 911. Nobody else makes even a clone.
I can say that the prices of 981s have some down a LOT in the last two years. Prices went crazy during the pandemic and seem to have normalized - to the point that I just bought my first Boxster S this week.
Flat 6 purists all have their 981s, or else hopped to a GTS 4.0. For everyone else the 718 is just a better car.
Kind of a dick thing to say, but sure.
It would be interesting to see which porsche are appreciating the most.
he also has a couple model specific porsche videos recently. a gt3, turbo s, cayman and taycan… all within the last 2 months.
I would highly recommend his channel if you are considering buying/selling porsche or high end sports/supercars. he doesn’t talk to the feelz… all is based off fact/data in the market.
I always recommend his analyses. he’s got it down, no fluff.
This was insanely interesting to watch. Thank you for recommending!
Subaru BRZ and Camaro are surprising
The brz feels like bs. Maybe because it starts out cheaper and doesn’t end up being 60% off 6 years later.
My vote would’ve been STi’s as used ones are basically going for what used to be out the door price right now.
Can confirm just purchased an sti. I think that’s a different story tho as Subaru has confirmed no more STI will be built.
Even before 2022 prices were like this. They were actually higher due to Covid, but they come back down to normal in my area. You can’t get a va chassis with a clean title for under 32-34k or it’s got a ton of miles.
Good luck with a used sti, may your ringlands forever be intact.
Source is here: https://www.iseecars.com/cars-that-hold-their-value-study
US News and World report tells a slightly different story:
https://cars.usnews.com/cars-trucks/advice/cars-with-the-slowest-depreciation
most buy and hold these cars. i’m always going to add, never subtract.
I bought my mom a 2018 CHR brand new. Sold it 5 years later to CarMax for 3k below MSRP. They ended up selling it for 1k above MSRP. 🤣🤣🤣🤣🤣
Why are so many people taking this at face value when there’s no source referenced?
This list doesn’t seem biased at all.
Idk I feel like caymans decrease pretty bad with miles but maybe I’m wrong
I can vouch for 718. My side story:
A gang of car thieves stole my 2017 718 Cayman Sapphire Blue, which I bought around $70k. My insurance company did an assessment and gave me back a bit less than $70k. If you account for inflation, I will say the number is quite close to the number shown up there.