The Porsche 997 Carrera is the successor of the 911 Carrera 996 and the most noteworthy changes concern a new exterior and interior. The prices of the Carrera 911 997 have decreased significantly and that might turn out to provide a good buying opportunity. This video covers, therefore, a full depreciation analysis of the Porsche 911 997.
Because there are so many different types of the Porsche Carrera 997, the depreciation analysis is split in two parts. The first part covers the non S models and you can find that video over here:
https://youtu.be/3nqhGy411bcThe second part (this part) covers all the S models including the Porsche Carrera 2S, and Carrera 4S and Targa 4S. Additional to a normal depreciation analysis, the analysis shows if the depreciation for the cars is different for different roof types (cabriolet/coupe), transmission types, the presence of the famous sport chrono package, and the facelift cars.
It turned out that the facelift type had a significant effect on all of the depreciation curves. This could, of course, be expected as facelift type is highly correlated with model year. If we evaluate the whole market, we saw that the Targa 4S was depreciation the most an average rate of EUR 7000,- per year. This is however mainly caused by the depreciation of the facelifted cars which sits at EUR 16.000 per. The pre-facelifted cars are in fact going up in value with an average of EUR 1000,- per year. Additionally, also the Carrera 4S cars are starting to show a bottom in the market as the cars from 2005 don’t seem to be depreciation anymore. However, on average, these cars are not yet appreciating.
If you are more interested in the Porsche Carrera 996, you can check out that video over here:
https://youtu.be/7sNYryE8Ps0My Instagram:
https://www.instagram.com/fourwheeltrader/ *Please note that I used the German market in this video as an example. This means that the absolute prices are of course different from your local market. The relative market movements should, however, be the same for most markets.
*Please note that the displayed depreciation curves for the individual models are either second or first order depending on the best fit. The
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