Used Porsche Prices are FINALLY Falling - The Bubble Has Burst
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- เผยแพร่เมื่อ 12 มิ.ย. 2024
- Car Dealers don't want you to see this. The Market Has Crashed. The Porsche Used Car Price frenzy is OFFICIALLY ENDING. I will show you proof that the used Porsche car prices are falling fast, and you can check this yourself via the free used car price checker tool.
If you weren't aware, the prices of used Porsche cars shot up in value during the covid 19 pandemic, and had a knock on effect for parts/new car supplies. That appears to be over. New cars are once again selling, and the used car market is no longer in huge demand (or at least as much as it was)
You can track the prices of used Porsche car prices with the google chrome AT plugin which is free. I will look closer at the used prices of Porsche 992 GT3, Porsche 992 GT3 RS, Porsche 992 Turbo S, Porsche 718 GT4 RS, Porsche 991 Carrera 4s. In fact the prices of pretty much every used porsche is coming down, off video i also found the same to be true for the Macan, Panamera, Cayenne, 992, 991, 981 718 boxster & Cayman models.
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I could have predicted this... since I bought a 996 a month ago. If you see me sell something, you can guarantee that the market for that car is about to skyrocket. The reverse is always true just after I make a purchase.
Somehow I singlehandedly control the universe. 😵💫
This is similar to the Jay Emm video he put out a couple of weeks ago. You can tell by the same old cars for sale in Porsche and Ferrari Dealers that the market has crashed. On both new and secondhand.
Prices not falling, they are reaching reality level
Yeah I agree but since they were high, they are falling.
Cars prices are going back to normal!
the prices aren't falling this much in the US, yet.
Try buying the last of the 997.2 Turbo / Targa etc from 2010/11/12 .... you won't find them ( especially the Targa 4 / 4S ) prices definitely not falling off a cliff on these, and I've been in the trade dealing in this stuff nearly 40yrs.
Since I installed the tracker is has definitely been eye opening and I'm glad you made a video about it! For me personally, as soon as I saw the prices getting this silly I started considering other options as well, be it the Vantage, Emira, and so on. I'm going to hold out for a while to see where the market goes as you mentioned, as all the cars I mentioned are in free fall.
Would be great to see you do a follow up in 6 months and compare! Then might be able to get a feeling if things have stabilised. Cheers!
The market had to drop .just a matter of time ,great content al. Merry Christmas to you and family 🎄👍👍
Here in the states the SUV's are get big discounts!! 911's are still strong because we can't get them!!
There are so many available, so they are not hard to get anymore thus the price will drop. What is the historical data on how many are normally for sale at any given time? That would tell you how much further is left for the prices to fall. It was the rarity that caused the prices to spike.
I got a 987 for $9,000 US in 2018. We need those prices again! 😢
The prices still seem high to me, and I suspect that those who bought cars for top dollar a year ago thinking they are investments are still asking high prices to hopefully get a decent return. But inventories seem to be increasing which ultimately will mean an even steeper price drop in the future.
Re, the first car you showed, the Ruby Star GT3, In USD terms, half that decline is the change in exchange rates. And at its current asking prices, is still $212,000, which isn’t down much from past 6 months
I have noticed that prices for GT stuff is coming down like GT3's but not Targa GTS for some reason. Maybe because there are less of them, and are a bit more specialist i don't know. Great video though and good information. Thanks.
Agree it’s free fall I am supposed to pick up my new M2 by end of month the market is flooded with new cars money off .
BMW are offering £2.500.00 discount and £4.750.00 contribution on new M2 I don’t think I’m collecting 😮
Very much the hype cars and newer cars that have been impacted. I have been tracking prices of GT4’s. The PDK cars have come down 10k ish in 6 months BUT my 981 s has lost so much money already it has stayed the same for over a year now.
Thanks. This App is a real eye-opener. The dealers must hate it!
What are your thoughts on the ‘sensible’ end of the scale Satch..981 Boxster/Cayman S or Base? Would a ‘sit tight’ plan maybe backfire when the spring sun shines rather than a bleak winter cold snap on say a sub £30k Boxster?
Season has an impact, but the trend is down overall
The appearance of the woman at 1:58 was spot on.
Wish we had this in the USA. Not available over here. If we had this google software over here the prices would also be dropping more. On USA Autotrader we cannot do what you guys can. Ahhhhhhh.....
I am in the market for 2 vehicles. I have been paying attention to the market here in Canada. Inventory has more than 6X'd in the last few months. When a lot of these financed cars need to be sold/traded I expect a fire sale will happen. The tough part will be finding a spec exactly as I want.
I’m looking for a four or five year old Cayman S as a daily driver. They’ll need to fall for a while longer before I’ll have enough to buy one.
Not that I want anyone to lose equity but….GOOD, it’s due, #’s have been goofy!
Geez that Gt3rs From Philip Ireland 50k in a month!!!! No wonder there flashing their wealth all over social media when they make that much in a car👀
Excellent news!! I hope that this goes World wide
How can I install the tracker on my I phone Autotrader App?
I’m not sure it can be. I’ve only seen it for google chrome on pc/laptop.
Not speaking for GT cars, but my 911 market (991.1 manual C2) hasn’t changed. Still able to get more than what I paid for mine in 2018 CPO.
I think the manual and only 30k km’s might be helping. For not a specialized GT car I’m happy their prices are still holding up, despite having no intentions of selling.
Does this apply to US as well?
I am not sure sorry I am
U.K. based.
fantastic content! the second hand market prices were absurd for some particular brands.
True. The GT cars out of production are still strong
Because they are worth the price. 991.1 gt3 is worth 130-145k USD. 992 gt3s are not worth double that.
Using this app I looked at 718 Spyders, and I was shocked! Out-of-production GT car suffering too.
Go electric. It’s shocking!