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Porsche used pricing rising over the past 2 yrs?

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YOUR RESEARCHPorsche used pricing rising over the past 2 yrs?

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Check stocks of recreational equipment makers

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Check the stocks of recreational equipment makers for the last two years: PII, HOG, ACAT.

Porsche used pricing rising over the past 2 yrs?
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Leading evidence: 'Check stocks of recreational equipment makers' (no explicit attributable resolution; this is a reported action or suggestion). Across 1 matching discussions, The most frequently discussed action is 'Check stocks of recreational equipment makers' (1 discussions). For that action, 0 discussions report a resolution and 0 report an unsuccessful attempt. No action has an explicit, attributable resolution report under the current rules. These are forum reports and suggestions, not a confirmed diagnosis.

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Check stocks of recreational equipment makers

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Check the stocks of recreational equipment makers for the last two years: PII, HOG, ACAT.

Porsche used pricing rising over the past 2 yrs?
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POST 1 / ORIGINAL POSTEROriginal post

I�m coming up to 18 months 911 ownership, and probably 2 yrs since I seriously started looking for a 911. I ended up with a 40th, but also looked at Turbo�s, 997�s and 996 GT3�s at the time. I still look at other 911�s every now and then, dreaming for the next upgrade. But I still look at the above cars as well. Now I know there are disclaimers and some bad cars are still low $, and yes I know advertised isn�t what then necessarily sell for. But it feels like some 996 models, 40th�s, GT3�s and Turbo�s used pricing has risen a little in the past 2 yrs, GT3�s especially feel like they are up. Any comments? (aside from the �996�s have no value and you can get one for $10k�)

POST 2Original post

911 and all other discretionary spending items did well for the last two years due to "easy money" Fed policy. Housing rebounded, stock market continues its fed fueled rally, so middle and upper middle class people have some discretionary income to spend on toys. Hence, the demand for weekend toys like 911 is up, resulting in higher prices. Check the stocks of recreational equipment makers for the last two years: PII, HOG, ACAT. All three have handily beaten their corresponding indices.

POST 3Original post

I wouldn't go as far as saying the prices have increased, but in my view they haven't really dropped compared to over a year ago. I was searching for one and been watching prices daily for the past year lol. I do feel like the 997.1s dropped a bit. 996s and 997.2 stayed almost the same.

POST 4 / ORIGINAL POSTEROriginal post

PHP, I agree with your comments, 997.1 are still dropping, most 996 flat, 996 Turbo S coupes are up on average. 996 GT3's are definatley up, 2 yrs ago a 04's seemed to be in the low 50's, they all seem to be nudging 60+ now with some in the 70's. I would love a GT3 as my next car but not so sure I can afford it if they keep rising.

POST 5Original post

A few years ago was the best time to buy a GT3's. Saw quite a few in the 40's back then. Normal folks were worried about getting laid off from the recession while upper class had to scale back and liquidate some of their toys and not have as much fun.

POST 6Original post

I don't think pricing rising so much as rebounding; when the market crashed in 2008, the value of my Porsche dropped $8k virtually overnight and stayed depressed for several years. As the market slowly improves, prices are rising back to their natural levels. Unfortunately, sales in 2009-12 were really slow, so there are fewer available, and they're driving a premium from simple supply/demand- especially with all the IMS hype scaring people away from 98-2008 models. So late-model used Porsches right now are definitely demanding a premium vs what we saw just a few years ago.

POST 7Original post

What is definitely on the rise are the price for parts... I need to clean out my garage.

POST 8Original post

Quotes source post: 10925381

+996, Have you checked out the increase on GT3 sway bars lately?

POST 9Original post

Yes the prices have risen For perfect low mileage examples

POST 10Original post

Pricing has definitely leveled out, if not increased a bit. I know I was shopping for a Lotus Elise about four years ago and you could buy them for $25k all day long, and now you're looking at $30k for the same car as back then, even with higher mileage.

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