Why a Porsche 911 Turbo is a Financially Savvy Purchase
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- Опубліковано 8 чер 2024
- All Porsche 911 Turbo generations are depreciating at low rates making them financially savy purchases compared to their competitors. This didnt always use to blke the case.
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If you are a value conscious buyer shopping in this segment, there is no way around the 911 Turbo. prices for the oldest generations have been proven to be resilient to the market correction in the second half of 2022 and also remained stable during last year. However, it’s the depreciation rate for newer generations that really impress. On average, 991s and 992s lost between 4 an 5%. Brand new cars lost a bit more, but overall these are still impressive rates that are lower than for any of its competitors.
Content:
00:00 Introduction
00:14 Current depreciation rates
05:42 Comparisons
08:22 Conclusion
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision. - Авто та транспорт
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I use a very high mileage 996 Turbo as a daily driver. Has never let me down. Only corrosion has resulted in big bills.
You Sir are the reason I felt comfortable buying a 997.1.5 Turbo (6MT) for 85k€ with less than 80Tkm. Purely love this car.
Great car, I'm sure you're over the moon. Nothing beats a Turbo
Porsches tend to hold more value over time due in part to their superior reliability. Porsche is a great example of craftsmanship.
Great informational video…as always. Thank you for all the time and research you must put into this.
Awesome I will still take my 2017 991.2 with a cobb tune. Smokes an old turbo. Won't appreciate like it but I can drive it and has all of the modern stuff. I like the old stuff to collect, but the newer stuff is way better to drive. I am on my 13th Porsche in 43 years of ownership. His analysis is awesome.
Just started the vid but wanted to thank you since I have a Turbo S. Always love info on these as it can / will affect me in the future I'm sure. Keep up the good work!
Great job as usual. I have a 997.1 turbo and 996 RUF Rturbo 550 love them. I have other 911s, TT vettes, viper, evo8, maserati gt sport, m4 and suvs. The 911 turbos are by far the easiest to drive and best to mod and you get a good spot at the valet.😊
Bought Turbo S in GT silver , 2021 , 5000 ,miles, 200k USD. amazing car.
Bruh. Is your company hiring?
Thank you for all your hard work. I have a 997.1 Turbo and love it. The Mezger engine is phenomenal.
Same. Its the perfect daily driver for me
I think the best motor is the 991.2 GT3. Its motor is the same as the GTR. The mezger is a historic motor. But the 4.0 weissach motor is awesome.
Sure is. Love my 2009 Turbo coupe with a manual.
Thank you for these consistently thorough and insightful analyses. I purchased my 991.1 TT in July of 2023 because of your videos. 2.4% depreciation is AMAZING!
I'd rather buy a GT3 and lose some money than buy a 911T and go flat, because the experience difference is worth it. But that's just me.
GT3 is a fun car but it’s waaay overpriced and I can’t use it everyday. The Turbo S I can take my kids in it or run to the groceries and that’s why we find high mileages for the Turbos and low mileage from the GT3. That being said, I’d love to own both at the same time.
I did that exact thing, ended up selling my 50K mile 991.1 TTS for a 991.2 GT3
I agree and I own a 991 turbo lol
One is a track car and the other is not. You are right.
GT3s all the way.
Thanks for your work !
Interested in Gallardo analysis
I am working on this but it will unfortunately only come to the channel in the second half of the year.
I love my 991.2 Turbo! I feel like there isn’t another car out there that I could get that would have this type of performance for this price and be as reliable. I don’t care what the price is, I plan on keeping it long term.
I have the 991.2 GT3. I think these are the last real quality built 911s. I have an insider at a dealership who says the 992 is built using much cheaper materials in the interior.
Which is weird because there’s a huge price jump between 991.2 and the 992. In GT3 world there was a $20,000 price increase from my 2004 996 GT3 to my 2018 991.2 GT3.
There’s double that between the 991.2 to 992 GT3 $40,000 difference
My dream is to keep my GT3 and get a 991.2 turbo in silver over red leather
@@jimsteinway695 I live at nearly a mile high elevation so a Turbo was my only option. The GT3s are super cool but an NA engine suffers out here. I have heard that the 992s are not built with as high quality parts before as well. Mine is Agate Grey with the blue interior. If I was building one from the beginning I would have chose Miami Blue with black though haha
Thanks for the information. Very helpful analysis.
Would be awesome, if you would take up the Mercedes S-Class Coupes and Cabriolets in future as well as Porsche Cayenne Turbos.
Do the Porsche Targa Please!!
Bentley analysis would be interesting.
Excellent video
Here in the UK the 997.2 Turbos are also slowly starting to creep up, also the difference between the .2 tip and manuals are becoming apparent.
Great vids! How about a new update on the GT3 market?
I will update it in the upcoming weeks.
I recently picked up a 991.1 Turbo. Phenomenal car. IMO for the right example / deal on a 991.1 Turbo, it's an unbeatable car for the money - All generations of 911 Turbos considered.
What do you think about getting a Turbo vs the Turbo S?
@@stanlee3619 All else equal, I'd definitely go for the Turbo S for the extra boost / power. That being said, a comparable Turbo S to the Turbo I got would have likely been a $15-20k premium - best case scenario. I really liked the Spec on the Turbo I found, it's a high option car including the sport chrono package & center lock wheels, a clean 1-owner history & at the time of my purchase, was the lowest priced, clean history 991 Turbo available in the U.S. You can't go wrong with the right car, spec & deal either way, as long as it's what you want.
Loving my 718 & hoping it maintains its value also
Same applies to the European market for Porsche Turbo's?
@fourwheeltrader I am curious to know the value / depreciation of porsche 991 gt2 rs
Here you go: ua-cam.com/video/i2xpVz7QwKY/v-deo.htmlsi=8qcQPuF68gaezyZ5
Could we do a video on the 991.2 GT2RS?
I did one two months ago, have a look: ua-cam.com/video/i2xpVz7QwKY/v-deo.htmlsi=1zOkwupjpqhUdpES
@@fourwheeltrader thank you so much! Don’t know how I missed it! 👍👍
Nice review of the Turbo market. Dollar for dollar, turbo cars will remain as one of the most desirable units. Especially with the EV wave on the horizon! They make great family cruisers, or weekend warriors. The 996/997 Metz…. engines are wonderful and will be around a long time.
997 is not mezger
@@ramon8332- 997.1 for years 2007 to 2009 also used Mezger.
My next fun car
How about the somewhat new 296 GTB and GTS ??
Have a look at this video: ua-cam.com/video/ImePctea8nc/v-deo.html
Is this referred to which market? Us? Since you are talking about $ and not €?
Yes, this is about the US market.
I think that the cost is up about 10 to 20 % and the car is the same as last years model
Is this inflation adjusted? Thanks
The numbers in this video are not adjusted for inflation. Some videos include the adjusted numbers but it is mentioned separately in those cases.
Thank you! For future videos you may want to indicate on the graphs whether or not it is adjustable. Just my $0.02. Keep up the good work
Mate no one measures non-financial assets in adjusted terms. That would be ridiculous. Cars are not an investments, they assets that are consumed for transportation, work, pleasure, or a combination of these factores and therefore should not be discussed relative to inflation.
@@SignalCorps1 if you are looking at trends of any asset you need to look at it in nominal and real terms. A car that is 5% more expensive than three years ago is actually cheaper in real terms. Yes, these are depreciating assets but I presume we’d want to maximize what we spend.
Turbo is the way to go
I appreciate the effort but none of this info realizes in the real world.. cars are still expensive prices don't seem to drop a bit even though cars remain online for quite some time
The other issue he didn’t cover is the huge amount of 911 turbos built . They’re 25-40% of all 911s built depending on year. And most are 911 turbo S
996 tt my 2nd turbo
Best value imo
997 double the money for 9% of difference
Not today
Interesting. Turbos used to be the highest depreciating Porsches before the pandemic (230k 991.1 turbo s stayed around 110k) , but now seems to do pretty well. Perhaps greedy Porsches are making too much gt cars and that evens out the market as supply increased (gt4 spyder gt3 gt3rs gt2rs spyder rs sport classic speedster ST gt3 touring gt4rs…. Just Insane)
The 992.1 Turbo S is simply a much better product than its predecessors, correcting for time period. It’s practically a perfect car and more desirable than anything made after the 993.
LC 500
How about 993 models? Not enough data out there. Thanks
Unfortunately i do not have any data on the 993
I would love to see Corvette C7 and Lexus LC 500
Both depreciate quickly, but the LC500 should flatten and be a future classic. There is no bottom for the C7
The LC500 is included over here: ua-cam.com/video/kP4NDFUm0DE/v-deo.htmlsi=5V3HIgA56bCSoLnw
The Corvette C7 will be included later this year in the Corvette market updates.
Title: *Financially Savvy (not Financial). Check out my four GT cars, all financially savvy purchases given I got all of them new, at sticker.
Thanks for the correction. Great deals on the GT cars.
@@fourwheeltrader Yeah, I'm very lucky. Thanks!
That's the only car God drives cause she has no time for charging and being everywhere at the Same time😂
Nope. Turbo S will slide further so your not safe in Porsche. But a Macan EV instead 😂
I hope you’re joking. If so, its funny. If not, it’s really sad
14 views in 2 minutes bro really fell of