Used 992-generation Porsche 911s have depreciated noticeably in 2024, according to market data, though the German sports car continues to hold value better than most new vehicles. The 992 generation, which launched in 2019, represents the current iteration of Porsche's iconic 911 lineup and remains one of the industry's strongest performers when it comes to residual value retention.
The depreciation trend reflects broader market dynamics affecting the luxury sports car segment. Increased inventory of used 911s, combined with softening demand for high-ticket performance vehicles, has created downward pricing pressure. However, analysts note that even with recent depreciation, the 911 still loses less of its original purchase price than nearly any competitor in its class or across the broader new car market.
The 992 encompasses multiple variants. Buyers can choose between rear-wheel-drive and all-wheel-drive models, along with different engine outputs and body styles including the coupe and cabriolet. Turbocharged 3.0-liter flat-six engines power most variants, delivering between 379 and 645 horsepower depending on specification.
Porsche's strong residual values historically stem from the 911's reputation for reliability, timeless design language, and robust aftermarket support. The brand's racing pedigree and continuous model evolution also burnish desirability among both enthusiasts and collectors. Used 911s typically appreciate in value or depreciate slowly compared to other sports cars in the $50,000 to $100,000-plus range.
The current softening in used 992 pricing may present buying opportunities for customers seeking a modern, turbocharged performance car with Porsche's legendary handling characteristics. Despite the price adjustments, the 911 remains the segment's value anchor, demonstrating that even in a cooling market, the name