Question: Is A Porsche A Good Investment?

Is buying a used Porsche 911 A Good Idea?

Should you buy a used Porsche 911.

If you want an iconic sports car that is a great value, amazing to drive, and reliable, the answer is YES.

Whether your budget is $15,000 or $100,000, the Porsche 996, 997, and 991 are awesome cars for everyone..

Do Porsches hold their value?

Compared to other brands, Porsches retain their value for longer. Strong demand and historical reliability mean Porsches depreciate slowly and typically have high resale values. Also, Porsche is the top luxury car brand in terms of resale value by many used car dealers.

Should you buy a Porsche?

That’s what comes with owning a Porsche. It’s not only a high-quality high-performance car which you can daily drive; it’s also one you can and should spend time getting greasy with. It’s a first sports car or a last one, a thing which deserves your passion and attention. They’re great cars—you should probably own one.

Are used Porsches reliable?

They have reported that there were 110 problems per 100 vehicles when it came to Porsche, this was the same as Lexus, who have hit the top spot when it comes to reliability for many years. J.D Power have also given Porsche 5 out of 5 for overall dependability.

What is the best year Porsche 911 to buy?

So here it is, our list of the best 911’s of all time.1974 Porsche 911 3.0 RSR. … 1989 Porsche 911 3.2 Carrera CS. … 1989 Porsche 930 LE. … 1989 Porsche 911 Speedster. … 1990 Porsche 964 C4 Lightweight. … 1992 Porsche 964 Carrera RS. … 1993 Porsche 964 Carrera RS 3.8. … 1995 – 1998 Porsche 911 GT2 (993)More items…•

What is the coolest Porsche?

The 15 Best Porsche Ever MadePorsche 918 Spyder.Porsche 356.Porsche 917.Porsche 959.Porsche 911 Carrera RS.Porsche 550 Spyder.Porsche Carrera GT.Porsche 986 Boxster.More items…•

Why do Mercedes depreciate so fast?

The Mercedes Benz E Class is expensive when new and costly to maintain, which is the surest recipe for fast depreciation. It’s a luxury car, so it suffers a similar fate to others in its class. These vehicles are leased a lot, so you see a massive influx of three-year-old versions of this car placed back on the market.

Why is Porsche 911 so expensive?

The reason people are asking $220,000 for a 1998 and 1989 Porsche 911 Turbo is because they are high on methamphetamines. … People are seeing 1960s and 1970s Porsche 911 prices going up, and up, and up, and so they’ve decided to ask huge money for their 2000 911 Cabriolet with Tiptronic.

How many miles will a Porsche 911 last?

200,000 milesPer numbers from automotive sites and 911 owners, the average 911 model can last up to 200,000 miles. If the 911 were your daily driver, and you put an average of 20k miles on it yearly, your car can last up to 10 years.

Which Porsche holds its value best?

The Porsche 911 coupe tops the list; it lost 37.2% of its value, or about $53,595, over a five-year period. The list also includes Nissans, Subarus, and a Ford, a Dodge, Chevrolet, and Mazda.

Is a Porsche 911 A Good Investment?

The Best Porsche 911 For Investing Investing in classic cars for profit is a mug’s game, because the market is fickle. … Older 911s such as the Carrera 3.2 (1984-89) and Carrera 3.0 (1976-77) are highly sought-after, so are good investments.

What is the fastest Porsche?

Porsche 911 GT RS.The fastest Porsche currently in production is the Porsche 911 GT RS. With a top track speed of 211 mph, it currently edges out any other model in production.