Just hearing the name Porsche conjures up images of speed and amazing handling. It’s a car with which most people are familiar and would love to own and drive.
Did you know that a Porsche 944 was ahead of the curve on safety? It was the first car sold in the U.S. with a passenger airbag in 1986 even before one airbag was standard.
If you’ve invested in one of these iconic vehicles or are thinking about buying one, it’s important to know if it will hold its value.
Does Porshe have a good resale value? Keep reading as we take a look at the various models and what you need to know about their resale value.
The 911 is one of the more popular models. It comes with a range of options so it appeals to a wider base. There’s a high demand for both older and new models of the 911.
Older models of the 911 like the 996 and 964 have increased in value as much as 10 times their original price because of the classic car market.
Newer models hold their value as well. The depreciation rate for the 911 is one of the lowest in the sports car category.
Porsche’s SUV is one of its bestselling models but it’s not so great in the resale department. It’s the second-worst Porsche model for depreciation. This is the result of a saturated market. Its popularity has led to an increase in the number of cars available for resale.
Its resale value, however, is still better than other luxury SUVs.
The Porsche Taycan is a rival of the Tesla Model S with a higher price tag. It’s a well-engineered vehicle with great handling.
But is it worth it? Will it hold its value? The pure-electric vehicle added to Porsche’s line-up manages to retain its value in the electric vehicle category.
The small-sized SUV is popular among car enthusiasts because it combines performance with utility. It’s currently Porsche’s highest-selling model.
Due to its popularity, it holds its value with lower depreciation rates.
The luxury sedan put out by Porsche has the highest depreciation rate for the company but is still one of the best in its class for resale value.
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Porsche Resale Value
In general, Porsche holds its value better than other brands because of its demand and reliability. With all factors considered, the true resale value of your car will also depend on the overall condition of the car.
Keep records of the service history and make sure you take good care of your car to limit signs of wear and tear.
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