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I know 992 Turbo S have held up amazingly well and almost all used cars are over list but this must be a pi$$ take surely?
992 Turbo S prices - Page 4 - 911/Carrera GT - PistonHeads UK
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992 Turbo S prices - Page 4 - 911/Carrera GT - PistonHeads UK
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That suggests a significant over supply situation meantime, as others have said, that has to result in serious falls in prices - looking like the last few years “turbo bubble” has burst and it’s heading back to normal heavy depreciation on a 911 Turbo….
I know 992 Turbo S have held up amazingly well and almost all used cars are over list but this must be a pi$$ take surely?
Ok it's lovely but a £100K premium? Even Tom Hartley is selling a 200 mile car for £60K less than this one.
https://www.pistonheads.com/buy/listing/14057473
Davey S2 said:
I know 992 Turbo S have held up amazingly well and almost all used cars are over list but this must be a pi$$ take surely?
Ok it's lovely but a £100K premium? Even Tom Hartley is selling a 200 mile car for £60K less than this one.
https://www.pistonheads.com/buy/listing/14057473
It was about £10K more a month or so ago.
Hysterically over priced. Utterly epic car, but if you had a quarter million burning a hole in your pocket surely it's going on something more special.
I’m actually baffled why any of these should go for overs at all - according to autotrader there are over 90 992 Turbo S cars on sale vs 63 991 Turbo S cars which is split across 991.1 and 2 variants. With low miles 991.2 cars trading at around the 120k mark and 991.1 in the 80-90k bracket that is an awful lot of depreciation to come for anyone paying a overs premium. Whilst I assume there is still a long wait list it’s still a main production car with more to come so over 90 unsold used examples doesn’t at all suggest a supply / demand imbalance that would justify overs on any of them.
I would like a 992 Turbo S as a all weather companion to my F12 but given all the used examples trading at near list or over are pretty nondescript black/black examples unless I could get a factory order there is no justification to paying the asking price premium on a plain spec car and i’m Inclined just to save myself 70k and get a 991.2 instead.
From memory there was a new 992 Turbo S on Collecting cars that only made circa list and I think did not sell
I am sure they would be a great car but paying £100k over list would only go on my shopping list if Man united came calling...
Bonkers.
Blisteringly fast and competent, but as pointed out, 200+k ought to be going on something more exotic, I’d have thought.
Outside the current climate, cooled 911 turbos get brutalised by depreciation. Wait a year.
991 TS were starting in the low 70s two years ago. That is a bargain, and there’s no reason to think the normal depreciation curve (at least) won’t resume, with the economic horizon looking how it is.
I'd say it looks like some OPCs are due to feel some big write-offs soon but was at a flagship OPC and they seemed to have little or no stock. One 21plate turbo s for £187k in good spec didn't seem overly dear? Th car in link has lw option. Very hard to get hold of.
Desert Dragon said:
I'd say it looks like some OPCs are due to feel some big write-offs soon but was at a flagship OPC and they seemed to have little or no stock. One 21plate turbo s for £187k in good spec didn't seem overly dear? Th car in link has lw option. Very hard to get hold of.
Because they are not buying 911s because 911s aren’t selling (see post on 991-2 gt3 thread)
Been watching 992 turbo s closely lately. Anything 2020/2021 sub £180k seems to sell pretty quick in the right colour. Very little seems to sell over this price point…
992TTS, 992GTS and 718GT4 were and still are being built in huge numbers so paying overs for any of them is just being stupid. Wait another month or so and 992TTS and 992GTS will be well under list if OPCs want them shifted. PCP rates at 12% will only exasperate the situation.
All of the above are great cars to buy as long as a degree of fiscal awareness is employed.
rawenghey said:
Hysterically over priced. Utterly epic car, but if you had a quarter million burning a hole in your pocket surely it's going on something more special.
Right like this.
https://www.top555.co.uk/stock/details/Ferrari-812...
Desert Dragon said:
I'd say it looks like some OPCs are due to feel some big write-offs soon but was at a flagship OPC and they seemed to have little or no stock. One 21plate turbo s for £187k in good spec didn't seem overly dear? Th car in link has lw option. Very hard to get hold of.
Sorry - what's "lw" option? Cheers
First Sea Lord said:
Sorry - what's "lw" option? Cheers
lightweight?
there was an option that saves 30kg of weight -
https://www.evo.co.uk/porsche/911-turbo/202379/new...
it's a huge saving considering how much people adore the T because of it having lost a couple of kg
WCZ said:
First Sea Lord said:
Sorry - what's "lw" option? Cheers
lightweight?
there was an option that saves 30kg of weight -
https://www.evo.co.uk/porsche/911-turbo/202379/new...
it's a huge saving considering how much people adore the T because of it having lost a couple of kg
Ah - thanks. That's a fair saving.
You do lose the rear seats GT3 style with LW options. Also get carbon roof. I think the new turbo is circa 1700kgs din so the weight saving not significant inn the context of its mass more how you feel in the LW fixed 918 style seats.
Normal service has resumed in terms of depreciation
I always fancied one but spidey sense was off at 190-200k dealers were asking
It's interesting to me that even as they are substantially reduced they are not flying out the door
When we see high spec ones @ 130-140k and they'll start moving probably?
There are a frankly eye watering 181 Turbo S on Autotrader currently. That suggests a significant over supply situation meantime, as others have said, that has to result in serious falls in prices - looking like the last few years “turbo bubble” has burst and it’s heading back to normal heavy depreciation on a 911 Turbo…. (Bonus is there will be some decent value second hand cars out there going forward)
Sidsw said:
https://collectingcars.com/for-sale/2023-porsche-9...
167k is the auction price for a car costing at a guess 210k??
great value and even has the T package!
finmac said:
There are a frankly eye watering 181 Turbo S on Autotrader currently. That suggests a significant over supply situation meantime, as others have said, that has to result in serious falls in prices - looking like the last few years “turbo bubble” has burst and it’s heading back to normal heavy depreciation on a 911 Turbo…. (Bonus is there will be some decent value second hand cars out there
going forward
)
They are decent in reverse, too.
Sidsw said:
https://collectingcars.com/for-sale/2023-porsche-9...
167k is the auction price for a car costing at a guess 210k??
Someone asked before the auction closed. £205k list. Ouch.
finmac said:
There are a frankly eye watering 181 Turbo S on Autotrader currently. That suggests a significant over supply situation meantime, as others have said, that has to result in serious falls in prices - looking like the last few years “turbo bubble” has burst and it’s heading back to normal heavy depreciation on a 911 Turbo…. (Bonus is there will be some decent value second hand cars out there going forward)
yes far too many built. i think somebody was sayin 1500 or so sent to uk so far. thats a lot of turbo s
Sidsw said:
finmac said:
There are a frankly eye watering 181 Turbo S on Autotrader currently. That suggests a significant over supply situation meantime, as others have said, that has to result in serious falls in prices - looking like the last few years “turbo bubble” has burst and it’s heading back to normal heavy depreciation on a 911 Turbo…. (Bonus is there will be some decent value second hand cars out there going forward)
yes far too many built. i think somebody was sayin 1500 or so sent to uk so far. thats a lot of turbo s
And many bought thinking they would get depreciation free motoring
Tagteam said:
Where is the trade in now 130 ?
I think they are right now about £150000 but my feeling is they just want rid asap as the market is changing and everyone seems to be panicking now. Loads of cars are dropping in price across the Porsche network but I would image the impact is across all brands. Too many cars with too few punters who can handle these finance rates.
Chipper said:
Tagteam said:
Where is the trade in now 130 ?
I think they are right now about £150000 but my feeling is they just want rid asap as the market is changing and everyone seems to be panicking now. Loads of cars are dropping in price across the Porsche network but I would image the impact is across all brands. Too many cars with too few punters who can handle these finance rates.
A bit like holding a bond when rates go from 4 to 11 per cent.
santa7 said:
I think there's still more room for these to fall.... looking at getting into one next year.
Agreed, this is only the start, going to be a very tough winter for them.
This means that to all intents and purposes a delivery miles Turbo S is heading for the same price as a well optioned new GTS and that’s even before the winter effect has kicked in….
Personally very happy now that I bought a pre price rise T rather than a specd up GTS earlier this year
So Leeds OPC have May 23 registered TS with couple hundred miles and aero kit still for sale…been reduced over £37.5k since was first for sale at York OPC in May.
So IF someone had bought at £210k then would be looking at about £50k hit if tried selling back in 6 months at this rate as they would want £10k+ profit.
https://finder.porsche.com/gb/en-GB/details/porsch...
sinly said:
So Leeds OPC have May 23 registered TS with couple hundred miles and aero kit still for sale…been reduced over £37.5k since was first for sale at York OPC in May.
So IF someone had bought at £210k then would be looking at about £50k hit if tried selling back in 6 months at this rate as they would want £10k+ profit.
https://finder.porsche.com/gb/en-GB/details/porsch...
With no glass roof it'll probably still be there and drop further.
I love how every comment on a price drop is hatched by a comment about the spec not being perfect and that being considered a complete explanation.
If it's not plastic dashes, or sofa seats it's now no glass roof.
Are we seriously considering no glass roof as a reasonable explanation for the 38k price drop....?
Sukh13 said:
I love how every comment on a price drop is hatched by a comment about the spec not being perfect and that being considered a complete explanation.
If it's not plastic dashes, or sofa seats it's now no glass roof.
Are we seriously considering no glass roof as a reasonable explanation for the 38k price drop....?
at 38k above this price it was priced silly anyway as overs market for turbo s was over by then anyway. in reality its around 8k less than list price which is why its still there. it needs to be priced at 140-145k to get it gone i think
Sukh13 said:
I love how every comment on a price drop is hatched by a comment about the spec not being perfect and that being considered a complete explanation.
If it's not plastic dashes, or sofa seats it's now no glass roof.
Are we seriously considering no glass roof as a reasonable explanation for the 38k price drop....?
I know options are expensive but £38k for a sunroof ????
Sukh13 said:
I love how every comment on a price drop is hatched by a comment about the spec not being perfect and that being considered a complete explanation.
If it's not plastic dashes, or sofa seats it's now no glass roof.
Are we seriously considering no glass roof as a reasonable explanation for the 38k price drop....?
Surprised, as the solid lines/shape of a painted roof looks way better than the glass hair-piece look.
https://www.tiktok.com/@gvelondon/video/7285789459...
you gotta have big balls or deep pockets to be buying one these atm, its gonna be a race to the bottom when they really start dropping in price
Sidsw said:
https://www.tiktok.com/@gvelondon/video/7285789459...
you gotta have big balls or deep pockets to be buying one these atm, its gonna be a race to the bottom when they really start dropping in price
That’s on three months, it feels like the start of the 2000s
Sidsw said:
Sukh13 said:
I love how every comment on a price drop is hatched by a comment about the spec not being perfect and that being considered a complete explanation.
If it's not plastic dashes, or sofa seats it's now no glass roof.
Are we seriously considering no glass roof as a reasonable explanation for the 38k price drop....?
at 38k above this price it was priced silly anyway as overs market for turbo s was over by then anyway. in reality its around 8k less than list price which is why its still there. it needs to be priced at 140-145k to get it gone i think
List price on this specific TS is £195k…there’s now a link to car configuration in the descriptions, so over £22.5k under list already…before you ask for a tank of fuel and a key ring!
Sukh13 said:
I love how every comment on a price drop is hatched by a comment about the spec not being perfect and that being considered a complete explanation.
If it's not plastic dashes, or sofa seats it's now no glass roof.
Are we seriously considering no glass roof as a reasonable explanation for the 38k price drop....?
Maybe written by people who are hoping that by spending thousands on extra spec they won’t also be losing 40k in 3 months
Tagteam said:
Maybe written by people who are hoping that by spending thousands on extra spec they won’t also be losing 40k in 3 months
They won't be just losing £40k cus it will be £40k plus the cost of their extensive and pricely options that add zero value
First Sea Lord said:
I'm taking my GT3 to the charity shop this weekend as I know it'll be worthless in a few weeks
To save you the fuel, I'll just come and pick it up from you. DM me your address and I'll be round later!
I collected my Turbo S cab at the end of august, paid list plus some extras, and really don't care what it is worth now. I lost hardly any money on my 992 C4S, got that in the Feb 2020, so it is all swings and roundabout really.
The market is going back to what it was, new cars depreciate heavily the moment they leave the showroom.
It is what it is.
Sidsw said:
Cheib said:
Someone asked before the auction closed. £205k list. Ouch.
40k for 500 miles and 2 months is big hit. nearly as bad as astons
There's too much f
king money in this world.
The laughable thing is it'll lose the same again in another 18 months or so, assuming it's still only used as a bland looking ornament.
WCZ said:
Sidsw said:
https://collectingcars.com/for-sale/2023-porsche-9...
167k is the auction price for a car costing at a guess 210k??
great value and even has the T package!
Erm, is that real carbon fibre on the steering wheel and dash?
From the photos it looks a lot like the fake printed stuff surprisingly used by a few other manufacturers over the years (including Ferrari on their 360 Challenge Stradale). This is from a Mitsubishi Evo;
Challenge Stradale:
Edited by youngsyr on Thursday 5th October 10:04
This is a source reference. Confirm exact model applicability in the original material.