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The Only Way is Up | Porsche 911 996 Depreciation & Buying guide

Jun 08, 2021
In this video I'll show you that the 911 I know six is ​​at the bottom of the

depreciation

curve, what this means for different model types and whether manuals are premium or not in today's market. What's happening on YouTube and welcome to a new video. So we've already looked at market nine and one, market nine and seven, and that means today is the time to go back even further in time and take a look at markers nine and six. I think it goes without saying from the introduction. Of the nine corrections that went down, I love the price and that they are currently forming a bottom in the nine eleven market, so you could say that a nine and six gives you the best value for money that you can buy now same.
the only way is up porsche 911 996 depreciation buying guide
However, there are some. key differences between model types Now, before we delve into those details, let me first explain how we are going to analyze this market, that is, we are going to take a top-down approach and that means we will first take a look at the nine types complete. eleven market, this gives us a clear idea of ​​how the ninety-six relates to the nine and seven and the nine and one in the second step, we will dive into the nine and six market and consider the different types of models in this passed. Let's also take a look at

depreciation

per year and depreciation per thousand miles driven, finally in step number three, then we'll find out where the 9sx ranks on the depreciation leaderboard, so let's start now with step number one, which was Nine Eleven's largest market.
the only way is up porsche 911 996 depreciation buying guide

More Interesting Facts About,

the only way is up porsche 911 996 depreciation buying guide...

The entire Nine Eleven market is appearing here right now. You can see that we have Molière on the horizontal axis and price on the vertical axis. You can also see that each car on the market is indicated by a bubble and that is a solid blue line. Checking the chart it

only

shows a depreciation curve, the prices are shown in US dollars because we are now looking at the US market. If I put this graph on the big screen, you can see that we have an almost complete depreciation curve of the In the modern 9/11 market here, the Model S ranged from 1999 to 2019 and that means

only

the 9th and 2nd generations are excluded .
the only way is up porsche 911 996 depreciation buying guide
It is also important to note that only the four-stroke versions and the S versions for each of them is included in the Arjun, also, of course, those models we will focus on in this analysis now. If we look at this depreciation curve and the average price points indicated by the black axis, then I think it is fair to conclude that the 911 market is very stable, there are just some minor price terms between the different channels, patience, but nothing out of the common and speaking of those generations, we know that this graph includes many generations, so let's identify those with a different color, you can see now that it sees 10 9 and 1 and blue, the 9 and 7 in green and the 9 and 6 in orange and we can see a very clear distinction in their depreciation rates, the average rate for nine and one is eight thousand two hundred thirty-four dollars per year. while it's three thousand eight hundred and thirty-four dollars forty-nine-seven for the nine-six, of course it's the lowest rate, an average rate of one thousand nine hundred and three dollars per year now if you're more interested in the nine-eleven market or nine in a market, then I recommend that you consult my complete analysis of depreciation in those markets; the links for that will appear here and I'll also make sure to put them below in the description of the video we'll now name.
the only way is up porsche 911 996 depreciation buying guide
Zoom in on the Niner Six and by doing this you can see that we end up with the same growth as before, but divided by model type, now we have the blue, the Carrera two, green, the Carrera 4 and orange, we have the Carrera 4 before. Let's take a look at the depreciation rates, let's consider some general numbers, we can see that there are 225 cars for sale and that about 87 percent of the market is made up of normal races or two, in addition, we can also see if you want 96 is not It is necessary to spend a lot of money at least to buy one, the most common price for one of them is twenty-three thousand five hundred dollars.
You can see there that there are big differences within the market that the four have, for example. Now go for a high premium, of course you will get an average of twelve thousand dollars more than a standard version compared to the other two; then of course it will also be a different car and I'm not 100% sure of the historical price evolution in the US, but in Europe at least the value of the sport has increased slightly. I'm pretty sure the poor man's premium is much higher in Europe than in the US and after those headline numbers, it's time to take a look at depreciation. rates before you do that though be sure to support the channel by hitting the like button and don't forget to comment below which car you would like to see reviewed next, once enough people request a certain car I will make a video on Now , let's take a look at the depreciation figures.
If we look at the slopes of the depreciation curves, we can already see that the depreciation per year is the highest for the Carrera with this type of model, that is, an average of sixteen hundred dollars is lost per year. Carrera for this costs seven hundred and forty dollars and for the Carrera 4s this is six hundred and forty dollars. Now we need to develop these numbers a little more, that is, we need to interpret them with some care, but we will talk more about that in a moment, the market is now. The name is divided by model type, but there is another important factor that can influence the values ​​of these cars and that is of course the type of transmission for cars of this age which is often sold so that manuals are premium in comparison with automatics and that is, of course.
Because those car boxes were not really good back then, it was also seen in the newer models such as the nine and the one, this market division is not so obvious, but now we are here to focus on the car market. ninety-six, so let's do it if If you look at this graph, you can see it. We can only further split this market for the Carrera two, for the other model types there simply aren't enough cars on the market, so let's take the Carrera 2 off the chart and split that market. by transmission type, that's what now appears on your screen and you can see that in fact, manimals have a premium compared to automatic cars, to be more precise, they have a premium of around $4,000.
However, this number is a bit misleading and by the way, so are the previous numbers I showed you. The problem is that nine and six are at the bottom of the nine eleven depreciation curve that we could clearly see in the big depreciation curve that I showed you earlier. video it is and of course it's also no surprise that when we approached the nine and six market we saw very flat depreciation lines in some cases, it's even a consolation for the nine and 6.1 generations, there is absolutely no difference in the price points average between the different model years Now, if we stop for a second and think about what that really means, then of course we could come to the conclusion that Moliere is not very important to the price of a tick 9s and that there are other factors that explain the price. variation from what we see on the market and by now you've probably already guessed what we're missing here: mileage, for example, so manuals are not only $4,000 more expensive than automatic cars just because they have a manual transmission, i.e. the mileage here, which is playing as important a role as the transmission in pricing the 9sx and this type of market behavior, the importance of Moliere to the price is decreasing and the importance of mileage proto-pricing increasing, in fact, it is not uncommon this applies to almost all car markets, one could even estimate how the price would be explained by the model year, the mileage and, for example, the type of transmission, and how the importance of these aspects over time.
It applies to many more cars than the nine-six, so let's go back to the nine-six market and also take into account mileage with depreciation per thousand miles driven. It's not like they're disappearing here as well and you can see it instead of the model year, we now have the mileage on the horizontal axis. If you look at this chart, you can first see that the race report curve looks a little strange and that's because we have two small observations in that market. If you're looking for that car, I would also recommend looking at the race to market.
When it comes to market statistics, it's now exactly what the model year versus the price vintage is. We can see that all four are going for a premium. For the rest of the market, in terms of depreciation, the figures are high, for both the Carrera 2 and 4, that is, they lose an average of $130 for every thousand miles driven and I probably don't need to explain to you that this is an extremely small, but what about the premium on manual cars we talked about earlier? After all, we set them up and we have to take the mileage into account to be able to say anything sensible about this premium.
So first let's break down the Race to market again by transmission type. I can see it in terms of depreciation, there isn't really a difference between automatic and manual cars. There are four, two interesting differences that I would like to show you. First, take a look at cars with less than 35,000 miles. They are all manual cars. car at this age, that mileage is of course extremely low, so owners use manual cars less because perhaps it is harder to drive or, and this is perhaps the most likely explanation, manuals are now hidden in collectors' garages, now let's have a Look at the second thing I wanted to show you, if we compare automatic and manual cars for mileage range, since we have a decent amount of observations, let's say between 50 and 100,000 miles, then we can see that a manual car that has the same mileage as an automatic car, in fact, tends to opt for a higher premium than an automatic car;
However, if we only look at manual cars, for example, with a range of 75,000 miles, then we can see that there is still a very large price variation and that of course means that there is still something on the market that we are not considering. but that explains this price variation, then we can also go one level deeper to get a more detailed picture of the markets and, if you watch this video until the end, here then you probably already know what we are going to do now because most likely that you are aware of the differences between the nine and the 6.1 and the 96 of two cars, among those differences are, for example, the new headlights that have the same style as those of the turbo and this of course is personal but only for those I would already choose the 9 and the 602.
I am rather not the only person who has this preference and I also think that in general the 9 602 is preferred to the 96.1 that is at least what I can see in the numbers, so let's take a look , the market is not divided by generation and by type of transmission and here we can see the 9 and the 602 both manual and automatic, so the blue and green line opt for a premium for the 96 models, however, if we look at the market 9sx at 1 and a9 m602, we can see that within each of them the manuals have a premium over the automatic cars, so our initial observation is that the manuals are more expensive than the automatic cars still remains, however , you can see it does not apply to the entire market but now it applies to the 96.1 market separately and the 96.2 market separately if we repeat the same exercise and look at the manual cars for a given mileage of say around 75,000 miles then we can see that there is still a huge price variation in each soft market and that is due to factors that are very difficult to capture in the data of the cars that are good here, for example, the ones you have. a documented history and are in excellent condition twice the opposite, this of course also means that the cars at the bottom are in worse condition and this type of market split is often seen in car markets that are in the background for those where the male age is no longer relevant and the mileage plus the condition and documentation of the car become key to the price and can therefore cause many variations in the price.
Now, before I close this video, which I guess is already getting quite long, I still want to show you one more thing. Here's how the 906 compares to older cars we've reviewed on this channel. To do this, I'm going to use the depreciation leaderboard and this depreciation leaderboard is based on relative depreciation rates and because we saw that the model year is no longer really relevant to the 906 market, let's take a look at the depreciation per thousand miles leaderboard you now see on your screen. You can see it with the cross on the horizontal axis and the relative depreciation on thevertical.
If we find a nine and a six, then I can see this course as the best of all the cars I have analyzed, that is, it depreciates at an average rate of 0.4% per thousand miles. It is also not surprising to see that it is very close to the 97 wine and a car. which is also very close to bottoming out, maybe not so strange at circuit 96 either, so good after all the oldest cars are now around 21 years old and this makes it one of the oldest cars on the charts rating, the only other car with the same age is the Ferrari 360, this car is a little more sensitive to mileage than the nine and six as it has a rate of 0.7% per thousand miles driven and, On that note, let's conclude this video and conclude that it is fair to say that the 906. market is very close to bottoming out or perhaps has already bottomed out.
We also saw that it is difficult to talk about the 196 market, since aspects such as transmission mileage and generations of practice have a great influence on the price and they are the manual nine and six of two that are in perfect condition and that you will find in the part higher mileage nine and six in one that are also automatic and in bathroom condition than you are more likely to find at the lower end of the price range, you can even find one for about fourteen thousand dollars, when you are on the market for nine and six, then you must also remember that you are

buying

a car that is twenty one years old and as maintenance that belongs to a car that is twenty one years old and these maintenance costs and also other common nine and six problems are not addressed In this video, another important aspect to keep in mind is that this analysis is based on a snapshot of the market and that purchase and 9:06 at this time does not mean that its value will increase.
However, I think any loss from depreciation will be extremely low for the nine and six to figure out how the market is doing. Moving, we simply need data from different timestamps in about half a year or so. Then I will also do a market update video on markets nine and six which will give us a pretty good idea of ​​where prices are going, if at all. anywhere and with that we come to the end of the video. If you enjoyed this video, remember to support this channel by hitting the like button. I also recommend browsing my channel, since there you will find depreciation analyzes for various cars.
As always, thank you very much for watching and I hope to see you next week for a new depreciation analysis.

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