Porsche’s incredible 992-generation 911 is a technological force that blends grand touring sensibilities with a platform that is still illogically quick and still fun to drive. The primary examples were launched on the 2018 Los Angeles Auto Show, and Porsche remains to be introducing recent variants of the chassis today. You never need to buy those first couple model years, though; it’s higher to present automakers a while to work out the production kinks. By 2021, despite a world pandemic that derailed a lot progress, Porsche had just about perfected the eighth-generation 911 Carrera.
These sorts of cars don’t typically get huge numbers added to the odometer, they usually’re often well-cared for, so you may still discover a nice example for a bit lower than you’d pay for a brand new one. Nevertheless, Porsche 911s don’t exactly depreciate as quickly as other German luxury automobiles, and even other comparably-priced sports/grand tourers like a 2021 Nissan GT-R. As an alternative of seeing its price cut in half by depreciation, a 2021 Porsche 911 has only lost about 8% of its value within the last three years, based on Kelly Blue Book (KBB). Due to the post-COVID chip-shortage-induced price boom on sports cars, a five-year-old 911 has “depreciated” back to its original MSRP, roughly.
It’s hard to say if that makes a used 911 purchase a very good idea immediately. For those who desire a nearly-new 911 for a little bit of a reduction, you’ll be able to probably find a very good one for around $101,000. That is slightly greater than you’d pay for a same-year Lotus Evora GT, which may be a more worthwhile buy. However, with the bottom price of a brand new 911 ballooning to over $135,000, saving 36 grand by purchasing used is not nothing.
Get it or pass?
Data from KBB indicates that a 2021 Porsche 911 principally hasn’t depreciated in any respect from its recent MSRP price. A $108,000 Porsche 911 purchased in 2021 remains to be value about $101,000 in 2026. Whoever bought that automobile five years ago principally got to drive a Porsche 911 for the fee of insurance and gasoline. And that is a implausible deal, as I can inform you as a 911 owner. Take a look at Porsche’s list of certified pre-owned cars available nationwide, nevertheless, and you may see that none of those cars can actually be bought for $101,000. You are looking slightly deeper into the six figures to buy any nice 911 in the marketplace.
A perk of picking a five-year-old 911 is that another person already took the depreciation hit for you. An argument may very well be made that each one of the 911’s depreciation was mitigated by inflation. For instance, a 911 purchased for $108,000 in 2021 has the identical buying power today of around $133,793. For those who’re buying a used 2021 911 today for $101,000, you are practically getting about $20,000 off of its original asking price. If it helps, KBB predicts that the $101,000 992-generation 911 goes to be hitting a depreciation wall in 2027 and 2028, dropping to simply around $80,000 and $69,000 in those years, respectively. For those who aren’t prepared to walk away from $30,000 value of value loss in the subsequent two years, possibly follow deeply-depreciated BMWs and Mercedes-Benzes.
This Article First Appeared At www.jalopnik.com

