High Resale Value
Mercedes Porsche Mechanic | Midtown Auto Repair | Services | Sacramento
In a previous article we discussed how you can maximize your car’s resale value. In that article we said that one of the best things you can do is research and choose a vehicle that has a historically high resale value. In this article we are going to help you out in your research process and list out three Porsche models that hold their value.
The 911 is arguably Porsche’s most iconic car and popular for several reasons. It is one of the few sports cars practical enough for driving daily, it has rear seats, and high performance. Strong demand for both old and new 911 models have ensured high resale values for the model. For example, owners of old 911s have seen a 5-10x increase in the value of their cars. Automotive critics such as Kelley Blue Book and Edmunds have ranked Porsche’s 911 high various times in terms of resale value year after year.
Another Porsche model that retains its value well is the Cayman. The Cayman is an impressive sports car that offers a great value for money. This model is aimed at a different market than the 911’s. It has a stiffer chassis and stronger body structure. The Cayman is thought of as the ideal Porsche for purists who cannot afford the more expensive 911. A top notch value as in its 2020 Best Resale Value Awards, Kelley Blue Book ranked the Cayman in their top three.
The third and final model that we will cover here is the Macan. The Macan holds its value for many reasons. The biggest selling point is its ability to appeal to different sections of the car-buying public. Families, for example, is a target demographic for this model because of its expansive and comfortable cabin, state-of-the-art infotainment features, and decent fuel economy. Performance-wise, enthusiasts will find the Macan an attractive option because of its superior handling and speed. You can expect the average Macan to retain over 50% of its value over five years, making it a good buy if you plan on reselling in the future.
If you are looking for a luxury car that has a good resale value, consider a 911, Cayman, or a Macan. All three tend to hold their value as the years pass.
For more information on luxury car resale values contact us here at Midtown Autoworks!