1. A look back: From pandemic boom to price correction

2. Recent price trends: How much are 992.1 Carreras losing?

3. Is the situation bad?

4. What should value-conscious Buyers do?

5. A quick look at the numbers

6. Conclusion

A look back: From pandemic boom to price correction

Following the pandemic-driven price surge, the broader car market — including the 992.1 Carrera — experienced a correction. In 2022, Carrera prices dropped by 10% on average. However, 2023 brought a surprising twist: while most cars continued to depreciate, the 992.1 held firm, losing just 0.5% against a market average of 7.1%. This sparked speculation that depreciation had paused altogether.

But by mid-2024, cracks started to show. Prices reached new lows and, by year’s end, the trendline broke. Now in 2025, depreciation has resumed in earnest.

Recent price trends: How much are 992.1 Carreras losing?

Last year, U.S. prices dropped by:

• 7.4% on average
• 4% for base models (≈ €8,928)
• 8.3% for Carrera S models (≈ €9,393)

Younger models saw sharper declines. For example:

• 2020 cars depreciated by 4%
• 2023 cars dropped 9%

Germany shows a similar trend:

• Carrera S: -10.4%
• Base models: -6.3%

The GTS and T trims — while in smaller markets — are also declining:

• GTS (US): -4.3%
• T (US): -9.6%
• GTS (Germany): -5%
• T (Germany): -15.7%

Is the situation bad?

Not necessarily. Let’s put things in context:

• The carry-over inventory rate (cars unsold after 3 months) for Carreras is around 22–24%, still better than the market average of 30%.
• Discounts on unsold cars remain modest, hovering between -2% and -3%, showing no panic selling.

When compared to the broader market, where the average depreciation was 4%, the 992.1 Carreras fared worse — but they’re also newer (≈3 years vs. 7 years on average).

So yes, the market is weaker, but depreciation is still within a normal range. The sky isn’t falling.

What should value-conscious Buyers do?

Here are three strategies:

• Buy New Anyway: If you love the 992.1 and want a near-new example, go ahead. You’ll lose some value — but many other cars depreciate faster.
• Opt for an Older 992.1: 2020 models are showing milder depreciation, making them a better value proposition.
• Consider Older Generations: If you’re focused on preserving value, older 911 generations offer better stability:

• 991.2: Prices have been stable since mid-2023. The U.S. market saw minor dips — Base: -3.3%, S: -4.2%, GTS: -0.2%
• 991.1: Base models are flat (+0.3%), and GTS models are up slightly (+4%)
• 997.2 & 997.1: Small changes only. Base: +1.3%, S: -2.2%. Extremely stable
• 996: Mostly stable, though the 996.2 is starting to show signs of softening

Across the board, the 997 and 991.1 generations appear to be the sweet spot for depreciation-conscious buyers.

A quick look at the numbers

Here’s a summary of U.S. depreciation rates:

– 992.1: -7.4% (the steepest)
– 991.2: -4.2% (S), -3.3% (Base), ~0% (GTS)
– 991.1: Slight gains or minimal drops
– 997 & 996: Generally flat, with some softening in high-mileage 996.2s

German markets follow similar patterns but tend to show slightly steeper drops — though limited data makes comparisons trickier.

Conclusion

The 992.1 Carrera market is cooling down, but it’s not in free fall. Prices are correcting after a period of extraordinary stability. If you’re shopping for one, the key is knowing your priorities. Want the latest model? Be prepared for some depreciation. Looking to maximize value? Older 911 generations offer compelling alternatives.

Inspired by the analysis of our friend @fourwheeltrader. Make sure you check his other videos https://www.youtube.com/@fourwheeltrader/featured.

Are you already a proud owner of a Porsche 992? If so, check out our selection of parts for this car at the following link:

https://octoclassic.com/product-category/porsche/911

https://octoclassic.com/product-category/porsche/996

Photos sources: Team-BHP.com, wallpapers.com, romansinternational.com