Porsche’s 911 sportscar is an example of evolution favoring revolution. If you know your Porsches, the 911 Turbo has been dominating the sports car scene with its impeccable performance and duality. Before the 992 generation was introduced, the 991.2 Turbo was the flagship in the 911 lineup. The 991 generation Porsches saw a run from 2012 to 2019. In that, the production run was split between the 991.1 and 991.2.

The 991 is the first 911 to use a predominantly aluminum construction. This means that even though the car was larger than the outgoing model, it was significantly lighter than the 997. Additionally, one could say the 991 was peak 911. It wasn’t as chunky as the 992 but was more technologically sophisticated than the 997. Although, the 997 was the last of the 911 range for a more analog experience. So purists might argue about it being peak 911.

But what every Porschephile will unanimously agree on is how good 911s are at their holding value. Especially the GT products and the Turbo range. Here’s Fourwheel Trader giving us an insight into the Type 991 911 Turbo’s depreciation and current market situation.

Porsche 911 Type 991 Turbo Is One Of The Fastest Accelerating Stock Cars

2013_Porsche_911TurboS-side view
Via: Porsche

Introduced in 2012, the 991.1 Turbo had a twin-turbocharged 3.8-liter flat-6 engine generating 513 hp and 457 lb-ft of torque. The S version had an upgraded engine tune generating a maximum power output of 552 horsepower and 516 lb-ft of torque. Transmission choices were a 7-speed manual for the Turbo, while the Turbo S was an exclusive PDK-only. With the 991.2 generation, the Turbo now made 540 horsepower while Turbo S pumped out 580 horsepower from its 3.8-liter twin-turbo flat-six. This time, there was no manual transmission for the Turbo lineup, and the only gearbox on offer was a 7-speed PDK.

If you didn’t know, the Porsche 911 Turbo is one of the fastest cars off the line. The Turbo S can reach 60 mph in 3.1 seconds, as claimed by Porsche. However, many motoring journalists have gotten sub-3-second times, with some even clocking 2.6-seconds. The 991.2 one-upped the official figures of the 991.2 as Porsche claimed an official 2.9 second time for 60 mph. However, much like its predecessor, even the 991.2 Turbo S was undervalued as some reviewers managed to squeeze a 2.5-second run from 0-60 mph.

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Porsche 911 Type 991 Turbo Is Beating Depreciation

2016 Porsche 911 Turbo S Coupe and Cabriolet
Via Porsche

The used market has two basic distinctions for the 911 Turbo S—991.1 and 991.2. There are further differentiations like the Turbo or the Turbo S and Coupe or Cabriolet. One thing to point out is that the number of cars available has significantly gone down from the previous calendar year. The general market trend dictates the median price of a 911 Turbo from the 991 generation to be at $154,000. However, the price range starts from $95,000 and goes all the way to $230,000 for later model years with relatively low mileage. As far as 991 Turbos go, the average price for a Type 991 Turbo is $148,000, while the 991.2 Turbo averages around $190,000.

2015 Porsche 911 Turbo Convertible
Via: Porsche

Also, the S commands a $24,000 premium over the base Turbo. The 991.2 is quite common, comprising 65% of the market, while the 991.1 has a 35% hold. On average, prices of the 991.2 Turbo have seen a drop of $10,000 for the later model years, while 2018 and 2017 models have seen a slight increase of $1,500 and $800, respectively.

The 991.1 market has seen quite a price hike, with an average price going up by $5,000 from $120,000 to $125,000. In terms of mileage, you now need to pay more for a given mileage than what it was worth last year, thanks to lower supply. The 991.1 generation loses around $551 per 1000 miles driven, while the number doubles for the 991.2—$1,200 for the Turbo S and $1,600 for the base Turbo.

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However, as mileage increases, the number is much lower, meaning you lose less per mile driven. The sudden drop for the 991.2 is largely due to the 992 entering the market. But the good news is that prices are starting to plateau, and the trendline is flattening. Since recession fears and interest rate hikes are gradually taking a toll on the used car market, prices are starting to see a correction.

As far as the 992 markets go, prices are very strong as many are still trading at list or even a bit higher. Porsche is doing a fantastic job by controlling the market with limited supply and not flooding dealerships, unlike some other brands. On top of that, the Ukraine war and the global chip shortage have created supply chain issues across multiple sectors, leading to price hikes and insane markups.

Sources: Forwheel Trader, Porsche