SHOCKING MARKET CRASH! What's Happening with Porsche Prices?
ฝัง
- เผยแพร่เมื่อ 5 มิ.ย. 2024
- Is it the right time to buy a Porsche?
The Porsche market, known for its resilience, is experiencing a curious phenomenon. While some models retain their value, others are undergoing a subtle price correction. Let's dissect five Porsches currently navigating these dynamic potential opportunities amidst the shifting sands!
0:00 Intro!
0:55 992 GT3
3:00 718 Cayman GT4
4:51 991 Turbo S
8:40 992 Carerra S
11:20 Tycan Turbo S - บันเทิง
Are YOU considering buying a Porsche with the current prices?
Actually yes just found a 15 turbo S asking 99k.
But where are these average costs coming from because I’m looking hard and they are mostly 125-250
There’s next to no turbo s lower than 75-80 only if they almost 15 yrs old
I was considering it. But the prices are out of line. The base Carerra is worth $92,000.- $97,000 max. The options have increased way over where they should be it's not just base price. Porsche counts on you not to think about the options increase as well.
@@terryfonz4603Yeah all these videos declaring the bottom dropping out of the 911 market don’t seem to be based in reality. I’ve been shopping for a 991.2 or 992 C4S for about eight months now and in the last couple of months alone inventory has dried up and prices have stabilized, and in many cases even bumped up a bit. Aside from the ultra crazy GT cars I’m just not seeing the 911 market softening at all.
I have a 991.2 GT3 and considered a 992. But when I looked at it especially the interior it seems cheaper built, so I asked my insider mechanic and he said I was correct.
My 996 GT3 was $122,000 my 991.2 GT3 was 145,000. Track focused only 3 options. The 992 was more expensive by almost double the price increase than the 14 year combined increases . That’s nuts.
All the Manufacturers raised prices to gouge customers right when the economy was going into the toilet . Couldn’t ask for worse timing
These numbers don’t make sense half the time. You need to get your info figured out. 🙃
Exactly what I was thinking. Is Ignition Life incapable of basic math?
The 992 GT3's were running up to $320,000 in some areas. So if they came down $29k, most owners will still be happy. I paid over for my 22 GT3, but not even anywhere close to $300k. I'm still able to get more than I paid with 6k miles.
Are you talkin $ US? If yes, that's an absurd price. Because in Germany at the moment of writing this comment there are over 350 992 GT3's on sale just on one application. They start from 180k€ (listed) for a low mileage one. The prices will continue to drop definitely because they are completely unrealistic and obviously there are thousands of these cars around.
992s are built more cheaply than 991s. Cheaper materials worse grade leather etc. but a 991.2 GT3 and be happy and save a hundred grand
@@igor240898433I think it’s because people don’t like the 992 as much as the last one and given their built more cheaply and more expensive for not much improvement why bother. Plus I think at least 50% of the buyers were speculators and they didn’t know what they were doing and they’re losing money. The Biden economy didn’t help either
As a Porsche enthusiast, I am so happy to hear this. These cars have sadly become status symbols.
It’s temporary market conditions. Used 911s have a u shaped price curve. Long term most 911 will suffer minor depreciation.
An ALL CAPS MARKET CRASH is a bit dramatic. IMO prices will normalize but still beat the market related to its peers. Moreover, much of the changes are a result of the .2’s release so all existing inventory has aged 1/2 generation.
I still can't buy these
You’re not alone, believe me.
Bought one....sorry I did. Fun enough but could've got 2 Corvettes for what I paid.....no flaming please.
The models with the high revving Mezger engine and manual transmission will hold their value. But you never know how new regulation might knock them down or dead.
So I would enjoy them while it is still possible.
Porsche is a special breed of sports cars - only a very special segment of folks will buy these cars with close to supercar performance but doesn't have the supercar appeal - i.e. exotic styling with a mid engine layout!
Porsche wants supercar prices for a mid level high performance sports car!
2 years ago, a local dealer in LA said to me that the 911 Twin Turbo S had a wait list over 10 people long and they have a $30K mark up above MSRP!
I don't think they are having a markup anymore!!!
I've had many Porsches but not looking at the Turbo S as it isn't that exotic for what you pay!!!
Design of body of the various is so similar that there is confusion in the value proposition
Come to Florida, if you can even find a car that is available don't even think about asking to get it for MSRP.
Correct, I’ve seen a number of these videos and they’re all jumping on some bandwagon to attract viewers, because pricing has basically eliminated so many from even considering purchasing one of these, there isn’t much point in watching a video about a supercar. There have been no market contractions in Florida, or in fact, anywhere in the USA that I can see worth notable.
@@Jimmer-tr6bi Exactly, thank you for sharing.
And those unfamiliar with Porsches, almost everything costs extra…to have all the features you want add another $50K to the bottom line.
I'll never buy another Porsche. Last one I had the pdk crapped out and according to the factory it was due to a catastrophic failure of an internal component. Only 45k mi, no racing or accidents. It took them a month and wouldn't even give me a discount. Got a slight discount because of my PCA membership. Warranty head expired about 6 months earlier.
Not a crash, reversion to normal markets. The frenzy is over for now.
Please avoid clickbait titles.
sure...after raising the prices steadily in the past 10 years all the way up by 100,000 usd, dropping 30,000 USD isn't much A new GT3 either 991 or 992 model should warrant a price no more than $185,000 to begin with. It's over rated plus how many of those 10% super rich individual can buy ? 2 or 3 GT3s? Porsches priced the white color working out of the market just like Ferrari and Lamb did and look what happened to them
Serves them right, why is affordable car now over 200k
I don’t see any price plunge, if anything pricing for the 911 line up keeps going up.😮
Well, if this is happening to porsche, I would hate to have a tesla or bmw
I did buy! 992 Carrera. Simple.
The only car that holds price from Porsche is the legendary 911 and its versions. The electric platforms depreciate a lot. Electric cars are crap in terms of holding value. The king is 911 the other car that holds value are Toyotas Tacoma ha-ha😂😂😂😂 is funny but is true Toyota Tacoma's and 911 are the best in terms of holding value.
Total lies, ai junk or just stupid. A turbo s NEVER sold for 114k. Only about 100k off there expert. Used 991 turbo s high mileage that isn't junked out, try 150k +.
Not in canada
His numbers were way off from what I've seen
tuned in to the clickbait “shocking market crash”. 💥 First words i hear “subtle price correction “. …..”may see a price correction “
Had two 911 they are still having reliability and cost to owner for repairs. even the past year owners will pay the price and a huge drop in deprecation! STUPID IS AS STUPID DOES! they keep enticing people and they fall for the trap!
Bullshit , they still aren’t any cheaper
There is a GT3 RS for sale at 575,000 euros 😂
This another chat GPT written channel?
Not a chance! We have two very good scriptwriters working to provide quality content for you to enjoy.
@onlife - Not when it comes to your math! Ex: 911 Turbo S adjusted for inflation =$114,000. Now min 97K, with most at 106K for 61% depreciation. Say what? Your math is way off.
Ex 2: Carrera 992 shedding a staggering $206,000, a 16% loss in just 3 months. Well if 206,000 is 16%, then the original cost is $1,287,500. Once again, math is WAY OFF. Do some proofing.
Ex 3: Cayman, $94K today, with original inflation adjusted 84K, for a 57% shedding. Uhmm, 84 to 94K is an appreciation, not a depreciation. Your numbers don't add up, again... I didn't even list the first example. So out of 5 cars, you messed up at least 4 of them, for an error rate of at least 80%. That's not even an F.
What planet is this story from? I guess if you live long enough, you'll hear just about everything.
This isn't even slightly realistic. Stickers are wrong, currently selling prices wrong. Ultimately, the best value in the sports car / super car realm.
Seriously? Name one brand that’s not plummeting? It’s the piss poor economy. People can’t afford to eat how are they going to buy a GT3?
Shhhhhhh
Porsches are not dropping in price. I don't know what this guy's talking about.
I can afford 25k 😉🍿
Total bull shit
Dude, you have no clue what you are talking about, I live it every day. You are dreaming….
Bullshit
Nothing is happening.. Crash? Lol..
bLa bla bla
Click bait! Your qouted prices are pure fantasy.
Overpriced future scrap metal
Pure clickbait.
they are piling up all over the place. Ferraris, Lambos too. all over priced. wait a year and they will be far less.
Use AI to create TH-cam content, how hard could it be?
So out of touch. The examples have zero credibility.
CLICK BAIT! This information is 100% WRONG!!
Porsches are overrated...they are noisy, uncomfortable, a ,idney puncher. They are good for showing off ,and short distances.i dont care...
😂🤡