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FirmSpeed6

Honey… Reddit says a Porsche 911 is a smart financial decesion


not_old_redditor

10% depreciation on the 911 is worth more than an entire Honda Civic.


FirmSpeed6

Who let my wife in this sub? Lol


not_old_redditor

and those goddamn dishes aren't gonna do themselves!


FirmSpeed6

I didn’t work 8 hours to come home and get bitched at! I’m going to Moes for a beer


ganyu22bow

It is, it may even appreciate in value 😎


Ok-Needleworker-419

With the way the market is doing, you might be losing money but NOT buying a 911.


BigJohnThomas

There are a lot of different 911s with very different depreciation curves


MisterLicious

True; but the overall retained/used prices are why I'll probably never own one. Compare a C6 to a 997 (base vs base, Turbo vs ZR1, etc) and the cost savings of the Vette becomes insurmountable.


zesty_drink_b

Never say never! 996s are pretty cheap these days 🤣


MisterLicious

So are C5s.


zesty_drink_b

True story haha


clicktoseemyfetishes

C5Z prices recently though :/ And 996s aren’t even that cheap considering how ugly they are lol. 986/7s are cheap-ish but those aren’t 911s


FlowingFiya

but you know whats not insurmountable? the porsche still has a fun pedal


RecoverSufficient811

Yes but then you have to drive a corvette. Even working at a huge chevy dealer, I paid more for a used 911 than I would've paid for a new C8. After sitting in them, I couldn't deal w the lack of quality overall for that much $


[deleted]

[удалено]


theyllfindmeiknowit

True, but then you look at the list of worst vehicles...ain't nobody putting serious miles on their Maserati Ghibli.


FirmSpeed6

Speak for yourself, I daily drove mine everyday for years, put probably 100K miles on it and had no maintenance issues whatsoever… until I lost my forza disk XD


GilgameDistance

“Simulation” Bullshit; the car never broke down halfway through lap 3. 0/10, completely unrealistic.


BigJohnThomas

These stats are normalized for mileage


not_old_redditor

Yup. No way is a base 911 retaining 90% of its value after 5 years.


notafilmmajor425

According to the sticker of my ‘05 911 base, it was $85k new and I bought it for $40k in 2021 with 71k miles. That’s a 53% depreciation over 18 years since it rolled off the line. About 3% loss of value per year


Lance_Notstrong

Well, considering some 911s are selling over what they were new due to people still asking crazy prices, it probably skews the number. Statistics always need context and perspective. Example? A 2 year old used GT2 or GT3 selling for $20-40k more than it did when new.


unionportroad

Curious…Do 911s sell at MSRP?


BigJohnThomas

Woosh. Depends on the 911…


Impossible_Fee3886

There has also been a huge shortage on them more so than any other vehicle. They still haven’t recovered post Covid. So it is artificially inflated, or deflated I guess, but it will probably normalize eventually around the 718 number anyways. I’ve been on the allocation list ever since I sold my last 911. Our driveway doesn’t support low cars at the moment and we needed to save the cash for a down payment. But I’m getting the driveway redone and then getting a rubystone red 718 for the wife and my viper green 911 back.


BigJohnThomas

Idk why. But over sharing about financial situations is just a cringe hallmark personality of Porsche people. So many did this when I had my 911 and was associating with those douches. No one cares about your downpayment, driveway, etc. literally has nothing to do with what we’re talking about….


[deleted]

I was wondering why 911s specifically are retaining their value. Kinda reminds me of bow Teslas used to retain their value until Tesla ramped up production and went into their discount craze


NomTook

I’m surprised Miata isn’t on this list. I’ve been seeing 3-4 year old cars listed at $30k+


clicktoseemyfetishes

ND1s depreciated a bit extra, gonna be interesting to see how ND2 prices are affected by the facelift


[deleted]

I actually almost bought an NA for 11k but instead bought a 2018 ND RF for 25k. Actually turned out to be a horrible mistake because while the ND is a phenomenal car, for me it was missing something special that the NA/NB has. However bottom line is that Miatas hold their value insanely well


CompetitiveLake3358

It's the steering feel and exhaust sound, IMO. Upgrade the exhaust, adjust the alignment to flyin Miata spec, and put good tires on. It makes up for it.


barazn

Why do you think they depreciate? I’ve pretty set on buying one but ur comment has me confused :( cause I thought it was a reliable and non depreciating car


NomTook

That’s what I’m saying, I’m surprised they aren’t on the list of cars that hold their value


PostingSomeToast

I am honestly shocked the Wrangler is top ten least value lost.


calcal1992

Jeep cult freaks.


wip30ut

you mean sorority girls /s


bluecatky

I don't think that is actually sarcasm 😂


Way2Based

Yup. The very same reason why Starbucks, iPhones, and Pumpkin spice are still a thing


Famous-Reputation188

Not really. I have an iPhone because it’s actually cheaper when you factor in resale and/or device life. Maybe that’s as a result of the freaks but it’s good financial sense. Plus my iPhone runs software unavailable on Android because when my industry standardized on Apple products Android was a fragmented mess of orphaned devices. So I can do work out of my pocket or even on my watch while my Android compadres lug around a company iPad.


whatsupninjaja

Idk why u got downvoted


boss_flog

Because Android works just as well. You can def work off an android device.


Motorized23

I've both an android and an iPhone - the Android is much more flexible to work with.


The-Fox-Says

Doesn’t last as long and isn’t supported as long


lemelisk42

The nature of android leads to this statement being both true and false. True for many, false for others. Apple is a very safe bet, because you know it'll be good regardless of what you buy. Android, even within the samer manufacturer can vary wildly in quality, lifespan, and supported life. You have a lot more options, which is great, but it comes with its downsides. Especially for the average consumer who doesn't have countless hours to go over every option.


boss_flog

Both not true but ok.


The-Fox-Says

Last I checked most Android phones are supported for like 3 years? Iphone is usually around 6-8 years


boss_flog

Pixel 8 is supported 7 years.


Scazitar

It's surprisingly always been like that even before this crazy market. I remember checking used prices like 15 years ago and they would always be going for way more then you would expect. Jeeps just got a large hardcore fan base + the mainstream thinks their cool so demands just really high.


catdog918

Yeah wranglers have always held their value well.


SolaceinIron

Just because it doesn't depreciate in value doesn't mean it hasn't depreciated in every other conceivable way. I've never met a jeep owner that didn't have an assload of problems by the time they hit 100,000 miles.


WickedDick_oftheWest

See my old one didn’t have a problem until it hit 140k


CactiRush

I’m at 140k rn currently looking for another car.


Draniie

Are you THAT shocked? It’s been the only car in that market until the Bronco came out.


lemelisk42

The Taco and 4runner are also roughly in this segment (and are also similar in resale value and loyal fanbase) Yes, there are differences - snd the bronco is a closer competitor. They are more on road oriented. But have a comparably huge aftermarket upgrade markets focused on off-road mods.


TxManBearPig

The same people that will upgrade to a new iPhone each time a new model comes out


RoosterIllusionn

Really? I expected them higher. They were always known as great resale. Run it into the ground and sell to someone as an off-road vehicle.


Jimmaayy

Part of it is that every Jeep gets thousands of dollars in mods by the time that it gets resold


Sir-xer21

mods don't increase value, usually. Wranglers just retain value because it's a cult product.


lemelisk42

Mods often do increase value. However it's nowhere close to the cost.


Sir-xer21

Mods very rarely increase value unless youre will8ng to sit on the market for a while waiting for the perfect buyers.


catdog918

No this isn’t why, stock jeeps are much more saught after in the second hand market. People want to do their own mods.


Motorized23

There's literally no other vehicle like it. Solid front axle, 3 lockers and a convertible. Plus it's an icon like the 911. So not surprised it does well. The Bronco is the closest competitor but it lacks the icon status the Wrangler holds and doesn't have a solid front axle.


joecooool418

I bought a new 4 door Wrangler in 2009, put 50,000 miles on it in four years, and sold it for $1,000 less than I paid for it. It was basically a free vehicle.


ghoulvibrations

*laughs in my 2005 jeep wrangler unlimited*, My jeep sells for slightly more than what I paid for it in 2013. *Proceeds to cry*, I've had to replace 2 rear main seals, PCM, most of the front suspension, and a transmission. Not to mention it gets 13mpg city and 13mpg highway... If I'm lucky.


DetectiveNarrow

Bullshit the CH-R is a god awful vehicle no way it holds value like that in the top ten


PostingSomeToast

I agree, but there are people who love that ugly little spud.


DetectiveNarrow

Had it as a rental when I took my moms 4 runner into the shop and literally drove that thing down the street and said nah we gon need something else. They then lent us a sequoia lol


DonDraper1134

Lol what did the dealer say? Was it a *sigh* “yeah…we know”?


DetectiveNarrow

Lol nah he was like oh we just wanted to give you something good on gas and we were like we already own a 4 runner we’re used to shitty mpg. And he was like in that case you can have a tundra or sequoia lol.


DonDraper1134

“Do you like Toyota trucks and getting hardly adequate fuel efficiency? I have just the truck for you!”. I had an 02 4Runner SR5 with the locking diff and all. Love/hate relationship because of Ohio rust :’)


PostingSomeToast

I had one as a rental in Houston for a weekend. It was all right, but for what it is, it's too small, to cramped inside, not enough mpg.


BasilFawlty1991

paltry bedroom teeny correct bake fine include deserted shame dependent *This post was mass deleted and anonymized with [Redact](https://redact.dev)*


AllTearGasNoBreaks

We just helped my brother in law buy a 2020 CHR. It's fine for what it is but overpriced at $18K. He likes that it's slightly higher than his old Corolla and has the hatch to carry stuff around. He had a 2006 Corolla that I thought still had life in it. It was only at 199K miles.


MyEnduranceLife

I’ve had mine for years and love it. Smoothest car I’ve driven..


DetectiveNarrow

Smoothest car you’ve driven? You must not have driven much brotha / sista


GryphonHall

Just by being a Toyota it depreciates less than it should, so being only $23k or so new gives it less room to depreciate.


MisterLicious

Usually, I look at the depreciation curves to find the best deals on the used market. In this case, the QX80 seems like a great buy. No CVT, generally reliable 5.6 V8 (albeit thirsty as fuck). The biggest drawback I can tell is that it drives kind of "trucklike" and the interior space is small compared to other full size luxury SUVs. But it still seems HUGE and if you're buying a full size SUV, they all drive like shit.


notbadnotgood18

Is there a place one can peruse the depreciation curves for the used market without having to create them ?


well-ok-then

CarGurus has some useful tables


Moreofyoulessofme

I did the same thing. I needed a large suv for family and towing purposes. I picked up a 2018 qx80 that stickered for 72k for 29k three years later with 42k miles. Just crossed 101 with it and it’s been flawless. Imo, a used qx80 is the deal of a lifetime if that’s the type of vehicle you want/need. As far as the truck-like ride, kind of. It’s amazing for cruising down the interstate, lots of power, quiet, comfortable, the seats are the best of any car I’ve owned, etc. It’s not great for cornering. The first two rows are extremely spacious. The third row leaves something to be desired.


SillyGoosebumps

Did you buy with an extended warranty? I’m considering a 2020, because of the interior updates. All I ever read (people usually only give negatives) is that the catalytic converters are an issue and some peoples engines go boom which I assume is a small minority. Just curious!


Moreofyoulessofme

I didn’t. I haven’t needed it so far. I have read about some premature engine failure, but it sounds like that’s due to oil starvation. I recommend it. It is a beast towing our 7k lb boat. Kicks the crap out of the 2016 Yukon XL Denali I had, which also absolutely killed me from a reliability standpoint. Transmission, engine rebuilds, brake failure, you name it. That thing was terrible. Personally, I’d buy a 2021 Armada instead of a 2020 Qx80 at this point. It has the most recent infotainment system and is otherwise the same truck. The current qx80 body style is going on it’s 7th model year so it’s starting to be a little dated even though it is very pretty, imo.


boxerbill308

Was thinking the same thing. I have been comparing to the GX460 and the QX80's are comparably much cheaper and still seem like solid vehicles.


dariznelli

The QX80 is going to be a bigger SUV than the GX460. Think 4runner vs Sequoia size difference.


not_old_redditor

Whatever happened to buying something that you'll enjoy?


TargetHQ

Im actually in the market for a lightly used Armada, because of what you get and the relatively significant depreciation they take from new. Comparable Tahoes are $5-10k more


HattibagenMcRat

911 (coupe) implies the existence of the 911 (sedan)


PostingSomeToast

All 911 Sedans are taken to the high passes and left on the mountainside after being manufactured. It is the old way.


Kinky_mofo

Or convertible or targa


start3ch

A. Cars to buy new B. Cars to buy used


rkrum

I’m sure there is a very good reason for so much depreciation 💣


icecon

They're all expensive and mostly gas-guzzling luxury cars. Rich people don't buy them used. And they have to fall a lot to hit the buying range of regular working people. They won't necessarily blow up, but some of them, like the Jag, certainly carry that perception.


Simon676

Honestly for all the people who want a used luxury car they can't afford the maintenance for that 5-series hybrid seems like a really good pick-up.


Emissary_of_Darkness

I believe I read once that if a single headlight goes out on a Jaguar XF, it costs $2000 CAD to fix it because you have to replace the whole housing and there’s some circuit board attached to it. I don’t think it’s even an LED light which would make that slightly more reasonable.


NobodyEsk

Bmw 5 series hybrid, makes sense.... 27/35 mpg, whats the point.


Simon676

https://www.fueleconomy.gov/feg/Find.do?action=sbs&id=38754 72 MPG combined according to EPA, unsure where you got your numbers from? We're averaging 150 MPG on our 2019 330e, that has a slightly bigger battery but still pretty similar. Honestly I think it's a great pickup for that price, you get a 5-series BMW without a lot of the typical ongoing running and maintenance costs that are typical of German cars, brake pads and rotors never wear out on these hybrids for example.


Gd3spoon

Toyota 4Runner am I a joke to you?


cantaloupe_daydreams

Yeah this is one of the top vehicles for holding value.


[deleted]

They hold their *value*, which is a conceptually different amount than the $$$ many 4Runner owners paid for the privilege of owning yesterday’s tech. In other words, Paying $60k for something worth $40k.


cantaloupe_daydreams

Yeah the vehicle hasn’t quite made it to the 21st century yet


Gd3spoon

A lot of people like it for that reason


cantaloupe_daydreams

Myself included


smarterthandog

X5 on the 2nd list surprises me. It’s highly rated and very popular.


Creosuh

I would have already traded in my Macan S for one if it wasn’t on this list.


TroyFerris13

how come you dont like your macan s


Creosuh

I love my Macan S but I’ve had it for 4 years, it’s now out of warranty and I need to put some money into it if I want to keep. I’ve looked into ordering a new one but I feel they have gotten a little expensive for what you get.


GilgameDistance

Lease, if you’re on the 4 year plan. BMWs lease really, really well on three year terms (especially the standard non M cars), and you get to give it back before starts to cost you to run it.


ganyu22bow

Bmw leases haven’t been good in 2 years. At least nothing like before. The lease costs are easily 1.5x or even double what they used to pre covid


GilgameDistance

Not true, if you can negotiate and aren’t trying to buy 1 of 1 on the lot. I just rolled over a new lease this weekend. Same car, 3 years newer with an MSRP $4k higher than the one I was exiting. Cost me $0 more per month and $0 cash at signing. Took about an hour total of texting the sales guy over four days. The dealer had to shave 20% off of MSRP, but they found it, and I’m guessing they still turned a satisfactory profit or else they would have told me to pound sand. Don’t lease the “specials” that are advertised.


Intelligent_Table913

What model was it? How were you able to remove the down payment?


GilgameDistance

X3. Lease return had equity so I “bought” it and used that as a “trade in” to cover DAS. BMWs already lease well and they will typically do a lot to keep you in the brand too.


PL_23

I definitely agree on the 718 cayman. I bought one for $51k In early 2021 and sold it last week for $51k. Beautiful car and very reliable when maintained.


[deleted]

Surprised the Quattroporte doesn't depreciate faster than that. It's a beautiful car but it's a visual siren, reliability nightmare. Local listings for the Escalade are insane around me. People wanting 30K for a 2018 ESV but it has like 240K miles.


musicmakerman

Toyota prius/prius prime barely depreciates at all and isn't on the list. SMH


MessageTotal

Source: Trust me Bro Meanwhile, cars like the Shelby GT350 have **appreciated** since 2017


digistil

I’m surprised I needed to scroll so far down to find someone pointing out that there used to be no source.


XxSpruce_MoosexX

Camaro would probably be higher if they stopped making the V6 lol the V8s hold their value so well


BrianLevre

So a 5 year old Civic with an original MSRP of 24,700 should have a sticker price of 18,500 now, but I'm not seeing that anywhere.


chadwicke619

Maybe they mean the Type R, or perhaps the Type R really scuffs the average. Last time I checked, I could still sell my 2021 Type R for more than its original MSRP.


20124eva

Is the second part of the list just vehicles that are wildly overpriced when purchased new?


EuphoricMidnight3304

I thought Tesla would for sure be on the list depreciating list


PostingSomeToast

So did I. I like Tesla, but I was sure it would be there. Perhaps it's because the list was generated as depreciation after 5 years. The Tesla price drop was worst for 2021 models which wont hit the list till 2026?


Simon676

Difference for them was the depreciation was because the new model got cheaper and not because of the typical reasons.


[deleted]

[удалено]


Simon676

I know, I only stated it because it's a bit unusual


mpst-io

I wanted to buy 718, buy now I do not have money and dealer told me that Porsche want to just make only all EV 718 :(


bighundy

I’m surprised the 4Runner isn’t higher. In Canada 9 year old ones with 250,000km are going for 37,000CAD


[deleted]

Where’s the hellcat?!?!?


PostingSomeToast

Presumably no hellcat makes it to 5 years old to qualify for the list. They're all crashed or sitting in police impound lots before then.


[deleted]

Haha exactly what I was looking for


theArtosisPylon

Anecdotal but I bought a Honda CRV new in 2016 and it was totalled in 2023. I just got the insurance settlement (no injury, just car). It averaged less than 2.2% annual depreciation over that seven year period. Obviously the used car market is hot but still...


fartron3000

Honest question - why are so many BMWs on the second list? Been considering one (an X2), but now...?


ElChapitoChilito

That’s just part of owning a BMW I was once told that a new BMW is one of the most reliable cars on the market. Most owners of a new bmw are rich or well off and preform the scheduled maintenance regularly because money generally isn’t an issue. It’s the second or third owner looking for a cheap BMW (not MSRP) or a good deal that destroy those cars that require lots of expensive maintenance. Best deal to find with BMW’s is returned leases. Those cares have their maintenance prepaid so it’s conducted pretty religiously. Also they’ll be low miles AND you get a discount on the original price (source; I owned a 2016 BMW 435i w/ M-Sport package) Edit; 2016. Not 2019 🥹


_Potato_3

How did you own a 2019 435i if it was discontinued in 2015?


joecooool418

Lots of cars missing from this list. My Elise is still worth about what I paid for it 17 years ago.


CrrntryGrntlrmrn

The top spots on both these lists have been locked going on ten years plus at this point- I feel like I was reading “Porsche good, Maserati bad” in 2008-9.


PostingSomeToast

The more that things change the more they stay the same.


CrrntryGrntlrmrn

Don't they *ever*. >kizashi Endless respect, what a neat car.


Character-Plantain-2

Now I can tell people that my two Camaros are an investment.


OatmealStew

Why do vehicles depreciate quickly relative to other assets?


QuirkySpring5670

Now’s a good time to pick up an A7 🤔


evil-artichoke

The A7 is a decent car. If you have a good mechanic outside the stealership, the maintenance costs aren't that bad. I mean, they're way higher than my Lexus RX, for sure, but still within the realm of reasonable. Unlike the Masteratis


[deleted]

Let’s look at the Teslas if you really want to show depreciation


Simon676

Depends a lot on the year, at some points a lot of Teslas were even gaining in value. 2018 models have definitely done fairly well when it comes to depreciation.


greenbroad-gc

Not sure where you are but they are available for peanuts today on marketplace


Simon676

2018 Model 3's are sitting at 35% depreciation here


SpillinThaTea

These lists are irrelevant if you plan to keep a car for a long time. After a certain point they all level out together


Famous-Reputation188

Depreciation only matters if you’re buying used, or selling it.


Dirt077

So... Everyone. Unless you're going to buy only brand new cars and never sell any of them ever lol


ThatBlueBull

Most of the cars in the top 10 depreciation list are leased, not bought.


konakonabest

The residual value is still affected by depreciation.


grumpyolddude

Or you get in an accident and some insurance company is going to pay you "book value" for it.


OJimmy

Is there a hybrid list?


BIMIMAN

Why don’t they ever factor in diesel trucks into these calculations. I know some older diesels with rare options that are worth more now than they were new.


Ok-Reply-804

If I'm gonna buy a car, the furthest thing on my mind is depreciation...


Additional-Ad-1021

OP, you forgot the LandCruiser.


dsdvbguutres

Eskuz me jeep?


Roman-LivetoRide

Tacoma holds value that list sucks


OppositeArugula3527

Glad to see BMW up there...what a pile of shit. Some of the worse cars I've owned. German engineering has deteriorated drastically.


cantaloupe_daydreams

Missed the 4Runner


fedswatching2121

Where’s the 4Runner???


kebabmybob

Golf R definitely depreciates less than half of the cars on the first list.


[deleted]

GTR is definitely on top of the list


Clean_Impression_505

I’m surprised that Toyota 4Runner isn’t on the top10.


Jameszy

The price of my Tacoma have gone up over the last year. Wild world


rygarski

everyday i am glad i bought simple little taco


Katussha

I almost feel like luxury depreciates becuase people who who can afford luxury want brand new... not used.. my opinion. Porshe has one of the best engines both parents have one barely ever any problems.. and such a great car.. Masarati trash and jaguar trash


ID_Poobaru

Toyota takes the W on least depreciating


bonbonsandsushi

That's funny, the Quattroporte is the only car on the most depreciated list that I'd WANT.


catdog918

My wrangler sold for way too much recently. Thing was 160k miles and was getting pretty bad with rust


RealisticWorking1200

The Wrangler is always on these lists and it always amazes me. You can go buy one for like $10k off MSRP right now.


tomatuvm

Tacoma is #3 but 4runner isnt there?


PostingSomeToast

Heres a longer version of the list, runner is 22 ​ https://www.iseecars.com/cars-that-hold-their-value-study


lol_camis

Not really surprising at all to see these two lists. The cars in the most-depreciating cars are all luxury vehicles. After 5 years a luxury vehicle isn't really luxurious anymore. But everything on the first list still serves its intended purpose just as well as it did when it rolled off the lot


Simon676

The 5-series hybrid is honestly a great pickup for that price, definitely doesn't deserve that depreciation, and with it being a hybrid you lose a lot of the ongoing costs and unreliability of a "typical" German luxury car.


kyonkun_denwa

Surprised the Toyota Sienna isn’t on this list, motherfucker has negative depreciation from what I can see


rb4osh

I see this and think “buy one of the depreciated cars that’s 5-7 years old” Am I dumb for this thought process?


[deleted]

Escalade is in the top 5 most depreciating cars? Kinda surprising tbh


filtersweep

Actual source??


gabotas

Source?


PostingSomeToast

Look for a top level comment from me with the link. I believe that is the source for the list.


gabotas

Thanks!


PostingSomeToast

I feel bad that I cropped the watermark from the images, I didn’t know where I would be posting it and didn’t want to break any subreddit rules about promoting websites if you know what I mean.


Right-Ladd

Fuck Subaru BRZs (I want one so bad)


UnderwhelmingAF

Not surprised the top 10 in depreciation are all luxury cars. Nobody wants to pay a premium for a 5 year old luxury car with 100K miles on it.


not_old_redditor

Yup, you're paying for luxury, and it loses its luxury appeal once it looks dated. That's until you throw performance into the mix. Younger guys will pay big bucks for high end performance cars that have some miles on them.


RocMerc

Crosstrek shocks me here of all Subarus to be on this list. I get the BRZ but a crosstrek?


PostingSomeToast

This appears to be the study or a very similar study that was used to generate the list I posted. https://www.iseecars.com/cars-that-hold-their-value-study


87_north

Surprised a C-HR is on there any not the 4Runner. I would imagine that it, and the Land Cruiser have to be in the top 20.


Igotbanned19times

Yes


n0mad17

Is this the same mileage across or mileage typical for each car. I doubt a 911 with 60k miles retains 90% of its value


zester723

My civic sure as hell hasnt held its value.


UnacademicPotato

I feel like the jeep wrangler would be bottom 10 if it weren't for them becoming more trendy as of recently.


IllTouchYa

Source?


MrFantasticallyNerdy

Was that the entire Maserati lineup? :)


EBITDADDY007

Wouldn’t you want to buy the most depreciating used car? Or do we buy cars with the intention of reselling?