This time last year when discussing the 911 marketplace we stated “the only thing that is certain is uncertainty.” Now, though, there’s a feeling that – the odd hiccup aside – that’s changed. Our collective expert insight from Paragon Porsche, Cridfords, Hexagon Classics, Jonathan Franklin Cars and RPM Technik describe 2022 as a year that became a bit more predictable post-Covid but, like everyday life, retains a few hangovers from that disruptive period of time.
Supply of new cars has been picking up – in some areas too much – with all our commentators noting that some models have reached the point of market saturation, with plenty of availability of models like the 992 Turbo S seeing that car, which was once commanding significant premiums over list, now settling back.
Similarly, with 992s now available in greater numbers, those buyers wanting one without the wait from an OPC can now pick up one for under £100,000, which is a significant shift. That, in turn, has pushed 991.2 prices down a bit – again, this movement in the market being an enabling, motivating factor for many buyers.
All our commentators note that there remains something of a devil-may-care attitude to buying, one where buyers are keen to spend today rather than tomorrow. This is no bad thing and still evident despite, in the UK at least, a less-than-rosy economic landscape. Talk of recession, real interest rate rises and increased cost of living inevitably impacts the car marketplace, though none of our experts have noted any seismic shifts. They report 2022 as a strong year for sales and, perhaps slightly cautiously, anticipate 2023 to be similar. As Michael Watkins of Cridfords says: “The public gets bored of doom and gloom very quickly,” adding that often the result is cheering themselves up by treating themselves.
We’re big advocates of that attitude here, and if you’re of the same mindset then read on to discover what our experts highlight as areas of interest in the 911 market. There’s something here for everyone…
