Welcome to 911UK
The only place for Porsche, 911uk is the definitive enthusiast and resource site for the Porsche 911.
Registration is fast, simple and absolutely free, so join up today for full access to the site and benefit from latest member offers.

Porsche Classifieds
Porsche Buyers Guides
Sell Your Porsche on 911uk
Create a Free Classified Advert
Search Ads
Classified Adverts FAQ
Trade Classified Information
Buyer & Seller Fraud Protection
Consumer Rights Act
Pre Purchase Inspection (PPI)
Porsche Car Sourcing
Porsche Cars Wanted
Official Porsche Centre Reviews
Model
Stock
Porsche 911
991 : 2011- 22
997 : 2004- 84
996 : 1997-2005 47
993 : 1993-1998 5
964 : 1989-1993 3
Carrera 3.2 : 1983-1989 0
Carrera SC : 1977-1983 2
930 Turbo : 1975-1989 0
Early 911 : 1964-1977 3
Porsche Other Models
Classic : 1950-1965 0
Boxster : 1997- 14
Cayman : 2005- 16
Cayenne : 2003- 8
Macan : 2014- 0
Panamera : 2009- 1
912-914-924-928-944-968 1
959 - CarreraGT - RaceCar 1
Car Parts For Sale & Wanted
Other Items For Sale & Wanted
Wheels Tyres For Sale & Wanted
Number Plates For Sale Wanted

Porsche Services
Porsche Body Shop Repair
Paint Protection & Wrapping
Porsche Classic Insurance
Porsche Classic Parts
Porsche Classic Restoration
Porsche Design Collection
Porsche Engine Gearbox Rebuild
Porsche Heritage & History
Porsche News
Porsche Picture Gallery
Win a New Porsche 911

Porsche Parts
Body Parts, Body Styling
Brakes, Clearance
Electrical, Exhausts
Engine Cooling, Engine Electrical
Engine Rebuild, Heating Cooling
Interior Incar, Lighting
Rubber Seals, Service Parts
Steering, Suspension
Transmission, Workshop Tools
Early 911, 911 - 930, 928 - 968
964 - 993, 996 - 997, Boxster
Cayman, Cayenne, Panamera

Porsche Model Range
911 [991] 2011-Current
Porsche 911 [991]
911 [997] 2004-Current
Porsche 911 [997]
911 [GT] GT1-GT2-GT3
Porsche 911 [GT]
911 [996] 1997-2005
Porsche 911 [996]
911 [993] 1993-1998
Porsche 911 [993]
911 [RS] RS-RSR
Porsche 911 [RS]
911 [964] 1989-1993
Porsche 911 [964]
911 3.2 1983-1989
Porsche 911 3.2 Carrera
911 SC 1977-1983
Porsche 911 SC
911 [Early] 1964-1977
Porsche 911 [Early]
Boxster & Cayman
Porsche Boxster & Cayman
Cayenne & Panamera
Porsche Cayenne & Panamera

911uk Site Partners

Post new topic   Reply to topic
Author Message
spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4188
Location: Manchester and Iraq


PostPosted: Thu Nov 01, 2018 4:52 am    Post subject: Porsche price rises current and future Reply with quote

Having tracked the market closely over the last few months, for the first time in years prices are reducing with genuine reductions both privately and in the trade.

Top end cars are being reduced by 3-4 k in one go in some instances, and dealers who stubbornly refuse to reduce prices have stock sitting for months, with the likes of Hexagon more like years!. Private buyers still over-estimate their cars values and are struggling to sell.

The only dealer I see immune to this is 911v who seem able to shift stock pretty much whatever?

There are a few bargains cropping up now, but I still feel with Brexit and winter approaching there is further to fall, and the market could crash altogether, the 991 is looking increasingly like a bargain with prices levelling between high spec 997 and lower spec 991, but with the 991 more falling to go and not the time to buy yet.

All this is great news for buyers, bad news for owners and yuppy investors, but most enthusiasts will be happy over the long term. Or is all the above bo ll ocks???
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet

Last edited by spongebob squarepants on Tue Nov 06, 2018 7:23 am; edited 4 times in total
 
  
View user's profile Send private message Visit poster's website
   
DrJimBone
Monza


Joined: 12 Oct 2017
Posts: 216
Location: Bournemouth


PostPosted: Thu Nov 01, 2018 5:17 am    Post subject: Reply with quote

I did note that it's now almost cheaper to buy another Cayman than get the engine fixed and future proofed should you own one that 'splodes...

https://www.motor-hub.co.uk/used-cars/porsche-cayman-3-4-987-s-2dr-keighley-201810031137191?at_source=autotrader&at_medium=desktop&at_campaign=website-visit

£9k Surprised
_________________
The trouble with the rat race is, even if you win, you are still a rat.
 
  
View user's profile Send private message
   
Marky911
Kyalami


Joined: 04 Jun 2009
Posts: 1857



PostPosted: Thu Nov 01, 2018 6:37 am    Post subject: Reply with quote

It had to end at some point, despite the talker-uppers saying it wouldn't due to certain models not being made anymore, blah-blah.

Bring it on I say. I'm happy for my 996 to drop to £8k-£10k if £50k stuff drops to £30k.

There's been too many speculators posing as enthusiasts for the last 4-5 years.
Let's hope they latch on to something else like the boom in legal cannabis (bit late to be fair) and leave us petrolheads with our cars again.

Will be interesting to watch things unfold over the next year or two.

Just to add a bit of balance, it's now winter, the gritters are out up here, so the last thing on most people's mind is a classic, summer use car.

The bubble is deflating though.
Surely cars are done as investments now anyway with petrol and diesel car production now having a date over its head to end and autonomous cars getting nearer each day.
 
  
View user's profile Send private message
   
maldren
Österreich


Joined: 07 Oct 2016
Posts: 923



PostPosted: Thu Nov 01, 2018 8:27 am    Post subject: Reply with quote

Is some of this seasonal, sports cars do sell better in the Spring/Summer?
_________________
Mike
2003 996.2 C2 Coupe Arctic Silver
 
  
View user's profile Send private message
   
Zorro
Monza


Joined: 05 Oct 2014
Posts: 235
Location: East Sussex


PostPosted: Thu Nov 01, 2018 9:12 am    Post subject: Reply with quote

Marky911 wrote:


Just to add a bit of balance, it's now winter, the gritters are out up here, so the last thing on most people's mind is a classic, summer use car.



Does that mean my Cayenne has just gone up in value then. Smile
 
  
View user's profile Send private message
   
T8
General
General


Joined: 29 Jun 2010
Posts: 14638
Location: Kent


PostPosted: Thu Nov 01, 2018 9:18 am    Post subject: Reply with quote

I wouldn't say that the market has crashed but it's definitely slowed right down. Some of that is seasonal but it's definitely more than that as it seems to have started in August.

It's particularly noticeable with regard to modern 911s as in recent years values have risen dramatically so any levelling or fall seems worse. All 996s and 997s are probably actually selling for what they were 3 years ago and even the 991 has depreciated far slower than previous generations.

It's people that have bought in the last 3 years that will be most affected by this so they're probably holding on to what they've got. Dealers have stock they need to shift so asking prices have fallen and they aren't making good offers for part-ex cars which further stalls the market.

911V seem to have kept their stock turning over as they offer good cars at a sensible price. It seems like their business model is based on selling more cars with lower margins per car. Their reputation and repeat customer base helps this, even though the 'cost to change' by buying from them is probably about the same as anywhere else.
_________________
2007 Guards Red 997 Turbo Tiptronic
ex 2004 Polar Silver 996T Tiptronic
ex 2002 Seal Grey 996.2 C4 Tiptronic
ex 1978 Silver 924 Manual
 
  
View user's profile Send private message
   
benbuhagiar
Spa-Francorchamps


Joined: 28 Dec 2014
Posts: 255
Location: Kent

2008 Porsche 997 Carrera 2

PostPosted: Thu Nov 01, 2018 9:51 am    Post subject: Reply with quote

Huge overreaction. The market hasn't crashed but is slowly down.

I bought my car in May 2018 and I am still very happy with the price I paid. I plan to own my car for at least 3 years, so I am not too bothered if prices fall as I am not selling.
_________________
997.2 Carrera PDK
 
  
View user's profile Send private message
   
benbuhagiar
Spa-Francorchamps


Joined: 28 Dec 2014
Posts: 255
Location: Kent

2008 Porsche 997 Carrera 2

PostPosted: Thu Nov 01, 2018 9:56 am    Post subject: Reply with quote

@spongebob squarepants - It's almost like you have a big wad of cash in your pocket and hoping to pick up a bargain...

We all know your agenda here Hand
_________________
997.2 Carrera PDK
 
  
View user's profile Send private message
   
spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4188
Location: Manchester and Iraq


PostPosted: Thu Nov 01, 2018 10:12 am    Post subject: Reply with quote

benbuhagiar wrote:
@spongebob squarepants - It's almost like you have a big wad of cash in your pocket and hoping to pick up a bargain...

We all know your agenda here Hand


An agenda to drive down prices even further Question Grin Hand
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
View user's profile Send private message Visit poster's website
   
mikeluke
Barcelona


Joined: 03 Jun 2014
Posts: 1451
Location: Hampshire


PostPosted: Thu Nov 01, 2018 10:14 am    Post subject: Reply with quote

Could be worse...

Wonder what will happen to the values of JLR cars?

There must be some deals to be had out there at the moment
_________________
Current:
981 Boxster S PDK
BMW X5 4.0d M Sport
BMW M140i (Mrs L's)
VW Polo Match 1.2 (the lad's)

Former:
996 Turbo S Cabrio Manual
996 Turbo Coupe Tip
968 Cabrio Manual
 
  
View user's profile Send private message
   
Desert Dragon
Nürburgring


Joined: 03 May 2017
Posts: 430



PostPosted: Thu Nov 01, 2018 10:21 am    Post subject: Reply with quote

Marky911 wrote:
It had to end at some point, despite the talker-uppers saying it wouldn't due to certain models not being made anymore, blah-blah.

Bring it on I say. I'm happy for my 996 to drop to £8k-£10k if £50k stuff drops to £30k.

There's been too many speculators posing as enthusiasts for the last 4-5 years.
Let's hope they latch on to something else like the boom in legal cannabis (bit late to be fair) and leave us petrolheads with our cars again.

Will be interesting to watch things unfold over the next year or two.

Just to add a bit of balance, it's now winter, the gritters are out up here, so the last thing on most people's mind is a classic, summer use car.

The bubble is deflating though.
Surely cars are done as investments now anyway with petrol and diesel car production now having a date over its head to end and autonomous cars getting nearer each day.


I think the bubble is deflating and will become a catastrophic crash over next few years. Used prices are still crazy. Hexagon have a 2000 mile 993 turbo in Arena price recently slashed from 189,995 to 169,995. Its still ridiculously over priced even today IMO but the difference between Hexagon and other dealers and 911V is that you will hardly ever see 911V lower prices let alone drop by £30,000!

911V charge a fair price and gain repeat business by providing decent customer service levels and straight cars.

By contrast Hexagon and many other dealers try and take their customers for everything they have. To be fair to Hexagon they have a different business model and generally do higher end cars.
 
  
View user's profile Send private message
   
spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4188
Location: Manchester and Iraq


PostPosted: Thu Nov 01, 2018 10:27 am    Post subject: Reply with quote

mikeluke wrote:
Could be worse...

Wonder what will happen to the values of JLR cars?

There must be some deals to be had out there at the moment


I'm surprised they can give them away Surprised
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
View user's profile Send private message Visit poster's website
   
spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4188
Location: Manchester and Iraq


PostPosted: Thu Nov 01, 2018 1:40 pm    Post subject: Reply with quote

Desert Dragon wrote:
Marky911 wrote:
It had to end at some point, despite the talker-uppers saying it wouldn't due to certain models not being made anymore, blah-blah.

Bring it on I say. I'm happy for my 996 to drop to £8k-£10k if £50k stuff drops to £30k.

There's been too many speculators posing as enthusiasts for the last 4-5 years.
Let's hope they latch on to something else like the boom in legal cannabis (bit late to be fair) and leave us petrolheads with our cars again.

Will be interesting to watch things unfold over the next year or two.

Just to add a bit of balance, it's now winter, the gritters are out up here, so the last thing on most people's mind is a classic, summer use car.

The bubble is deflating though.
Surely cars are done as investments now anyway with petrol and diesel car production now having a date over its head to end and autonomous cars getting nearer each day.


I think the bubble is deflating and will become a catastrophic crash over next few years. Used prices are still crazy. Hexagon have a 2000 mile 993 turbo in Arena price recently slashed from 189,995 to 169,995. Its still ridiculously over priced even today IMO but the difference between Hexagon and other dealers and 911V is that you will hardly ever see 911V lower prices let alone drop by £30,000!

911V charge a fair price and gain repeat business by providing decent customer service levels and straight cars.

By contrast Hexagon and many other dealers try and take their customers for everything they have. To be fair to Hexagon they have a different business model and generally do higher end cars.


Thing is they have had vehicles for sale literally years (the overpriced GTS's for example) Perhaps what were seeing initially is a levelling of prices, where the crazily overpriced stuff from the profiteering Arthur Daley's is coming back to reality (except for Hexy prices obviously Grin)
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
View user's profile Send private message Visit poster's website
   
911TEL
Barcelona


Joined: 29 Oct 2007
Posts: 1364
Location: Inverness and Highlands

2011 Porsche 997 Turbo S

PostPosted: Thu Nov 01, 2018 2:12 pm    Post subject: Reply with quote

spongebob squarepants wrote:
mikeluke wrote:
Could be worse...

Wonder what will happen to the values of JLR cars?

There must be some deals to be had out there at the moment


I'm surprised they can give them away Surprised


Prior to buying my Cayenne S ... I had a RRS MY 2009 it was actually a great car but the spectre of a couple of surprisingly expensive failures prompted me to consider a new RR

Tried the current RRS which was a decent enough motor but lacked some soul

The full fat version was much better but the engine was a bit gutless in V6 format ...and a bit more expensive than I wanted to pay at that time

I tried to get a deal on a demonstrator RRS autobiography but they wouldn’t budge on the full list price of a new car!!!

Ended up I gave them the golf tango foxtrot and although I think I would still really like the ful fat Range Rover I’ve probably gone past it now as I love the Cayenne
I must say that there isn’t much else there that I like ...
_________________
997 Gen 2 Turbo S Basalt Black -BBS CHR, Kline inconel exhaust, DSC V1 & Polished Bliss air freshener...
Cayenne S diesel 850 N/ m torque!!!! Jet black
SL 55 AMG Obsidian Black
Brompton S2L Black edition
 
  
View user's profile Send private message
   
Phil 997
Brands Hatch
Brands Hatch


Joined: 05 Dec 2015
Posts: 14429
Location: Bournemouth,Dorset

2009 Porsche 997 Carrera 4S

PostPosted: Thu Nov 01, 2018 2:43 pm    Post subject: Reply with quote

As said before , the overinflated cars ae coming down also that includes the GTs and turbos that went mad for a while . but the run of the mill ave spec ave miles carreras are sitting flat but not dropping hugely. I know a guy who recently sold his gen1 997 for fair money, he had owned the car for 4 yrs and lost 4k thats an ave of 1k pa for owning and enjoying a 911 that in my book is a pretty good deal . I think only those in for a shock are guys who actually believe they are going to make a big wad of profit from owning a watercooled carrera model , If your the type thats thinking I wont lose as much as a bmw or merc for 911 ownership then your not going to go far wrong . Thumb Thumb
_________________
911 Owners,Some Invest In The Future,
Others Enjoy The Moment Today.
 
  
View user's profile Send private message
   
MJA911
Magny-Cours


Joined: 10 Dec 2013
Posts: 2724
Location: Berkshire

2012 Porsche 991 Carrera

PostPosted: Thu Nov 01, 2018 3:10 pm    Post subject: Reply with quote

Had a sell/buy in September and saw some of this price correction - previously untouchable prices on 993, GT and Turbos were moving down, 997 GTS still seems to be holding out (unless its a cab), but regular cars are easing downward with more price sensitivity, especially mileage.

The SOR offer for my GT3 had floated down by nearly 10% since May, some of that is seasonal and the May offer was only a little less than the retail I'd paid the year before. I had a great summer in the car and sold privately in the end so that took the edge of it, probably down another 5% since.

991 prices in September were quite strong on the surface, but there was some relief in my price that was already nicely lower than OPC prices. No doubt they'll come down further, but cost to change will reflect that, only really matters if you want to liquidate for cash (that's what I've told myself anyway).

Certainly not a bad time to be sitting on cash and ready to make a move, by the time we're in deep winter could be a great time, so keep talking the market down Grin
_________________
991.1 C2 PDK, 986 Boxster S
Past pleasures: 997.1 GT3, 997.2 C4S Cab, 993 C2, 997.1 C2S, 996.1 C4
 
  
View user's profile Send private message
   
FZP
Magny-Cours


Joined: 18 Jan 2015
Posts: 2589
Location: Cheshire


PostPosted: Thu Nov 01, 2018 3:11 pm    Post subject: Reply with quote

I agree with Phil's sentiment, in that we will see a compression of prices rather than a wholesale price drop. I don't see 996/997's getting much cheaper than they are currently. It's the halo models that will compress down a bit.
My eyes got opened up when a 997.2 GT3RS was selling at an OPC in the £130's 6 weeks ago or so.
I think when we see the first 991 GT3 in the £8X,000 that we will see a whole bunch of action in that market.
_________________
997.2 Carrera 2S GT Silver/Cocoa.
 
  
View user's profile Send private message
   
spongebob squarepants
Reims


Joined: 20 Dec 2009
Posts: 4188
Location: Manchester and Iraq


PostPosted: Thu Nov 01, 2018 3:29 pm    Post subject: Reply with quote

FZP wrote:
I agree with Phil's sentiment, in that we will see a compression of prices rather than a wholesale price drop. I don't see 996/997's getting much cheaper than they are currently. It's the halo models that will compress down a bit.
My eyes got opened up when a 997.2 GT3RS was selling at an OPC in the £130's 6 weeks ago or so.
I think when we see the first 991 GT3 in the £8X,000 that we will see a whole bunch of action in that market.


Your all in denial......... #pricecrash Grin
_________________
"When the seagulls follow the trawler, it is because they think sardines will be thrown into the sea".



991 C2S X51 powerkit PDK in racing yellow, PCCB, PDCC, PSE, Sports design kit.
EX 997.2 Carrera 4S PDK
EX 997.2 Carrera S PDK
EX 993 C2 manual in guards red
EX 997 C2 gen 2 PDK
EX 993 Targa
EX 993 Carrera 4 manual
EX 996 3.4 Cabriolet
 
  
View user's profile Send private message Visit poster's website
   
Albionmuz
Spa-Francorchamps


Joined: 28 Oct 2016
Posts: 355
Location: West Sussex


PostPosted: Thu Nov 01, 2018 6:04 pm    Post subject: Reply with quote

So threads throughout the year on how 996 prices are hardening is just Scotch Mist?

Pretty sure that winter months see a downturn in prices every year tbh. I bought my 993 in late October 2016 and the Indie who sold it to me was happy to take a 3k reduction because “he didn’t want too much winter stock”
_________________
993 Targa manual
Alfa GTV Twinspark
Citroen Deux Chevaux
Alfa 159 Sportwagon
Porsche 968 Cab Tip
Lexus IS 200
 
  
View user's profile Send private message
   
kas750
Reims


Joined: 31 Mar 2013
Posts: 4062
Location: Chorley lancashire

2006 Porsche 911

PostPosted: Thu Nov 01, 2018 6:09 pm    Post subject: Reply with quote

Albionmuz wrote:
So threads throughout the year on how 996 prices are hardening is just Scotch Mist?



Yes mostly..As ever low milers in good colour and spec will find buyers.
 
  
View user's profile Send private message
   
Display posts from previous:   
Post new topic   Reply to topic   All times are GMT - 12 Hours
Goto page 1, 2, 3, 4  Next
Page 1 of 4

 
Jump to:  

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You cannot attach files in this forum
You can download files in this forum
You cannot post calendar events in this forum