I think the YouTuber was speaking in generalities, not necessarily basing his overall 986 projections strictly on data from the last 2 yrs.
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Originally Posted by Stl-986
In all honesty any "data" from 2020-2023 should be completely discarded. The market was very different than normal...
I dont think the market has stabilized yet. Throw in the recession now and it's going to go the opposite of the pandemic years. Prices are going to drop for higher valued cars for at least a year...
Usually the value doesn't start to level off until 25 years and then sometimes go up in value.
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Defn agree that recent past and near term future will not be good data when considering trends. Too many anomalies and outliers from the last 2 yrs and may go the other way in the next yr. I think prices are about to drop presipitously as people wait to buy to see how low the mkt goes or are tightening their belts and don't have discretionary income to spend on a toy.
But the 97 Box is now 25 yrs old. Time flies.
Quote:
Originally Posted by rick3000
Good, properly maintained cars and/or special editions will continue to command a premium.
The 986 is interesting because about 70% of the Porsche's ever made are still on the road, but they made a lot of 986's (about 200,000). I think it will take longer for the 986 supply to decrease and more than 30% will end up in junkyards.  |
Also agree that good cars will command top $$$ to the informed buyer. But the early Boxster numbers are being thinned out by age and by club racing. Porsche sold a lot of 944s and no one ever thought they'd be rare. But I have a couple friends who club race 944s and they say it's getting harder to find parts. Boxsters may be 5-10 yrs from that same situation.
Quote:
Originally Posted by Stl-986
Fall is a good time to sell usually, but if not sold by end of october, hold on to it till April. winter is never a good time to sell a convertible (except jeep wranglers). Spring is better right after tax season.
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In my Wheeler Dealer activities, I've found it hard to sell convertibles after July. Not impossible, but harder as buyers aren't looking for sports cars. I've had better luck selling cars in mid-Feb than late fall or winter. Maybe it's spring fever or knowing they have a refund coming, IDK. But these next 6 mo could be choppy due to the economy. And the highs of last spring are long gone in the rear view mirror. If you didn't sell this spring, you missed the high tide.