Sales debate

Where is the used Porsche market heading in 2022?

There’s no doubt about it, 2021 was an exceedingly good time for the used 911 market. “We discovered how powerful our reputation was,” says Jamie Tyler of Paragon. “Cars being sold on a click and collect type basis, we didn’t have one disappointed customer,” he reveals. He believes there is going to be a continuation of a strong used market for 2022. “There is still a shortage of new cars due to the chip shortage, with rumours of that continuing, so the market will remain strong for used cars.”

That sentiment is echoed by Jonathan Aucott of Avantgarde Classics. “I’m hoping, and expecting, a pretty seamless extension of 2021,” explains Aucott. He sees steady price rises, rather than any feeding frenzies “which typically are followed by flatlining,” he adds. People are largely realising that money in the bank isn’t useful, so want to have some fun with it instead. “It is an enthusiast market, rather than investors, and the market is strong, resilient and educated,” says Aucott.

Aucott sees 964 and 993 as good places to put money, but also thinks pre-impact bumper Es and Ss are good value. “They haven’t really come back from their slump of two or three years ago. You could probably get one now for the restoration costs, which wasn’t possible before,” he adds. “The newest GT models might look a little risky,” he wonders, pointing out, “There’s always a newer version appearing, or on the horizon.”

Tyler sees water-cooled cars widening in appeal. “There is a strong demand for really good 996 and 997s; anything sub £50,000,” he says. “Since air-cooled cars have gone mad, people are looking for the next future classic, which they fit into. There also seems to be a demand for anything wearing a GTS badge,” he reveals. “997 Turbos look incredible value for money too, and there’s increasing awakening to the strength, fun and engagement of 996 GT3 and GT2S.”

“The difficulty is finding enough stock,” adds Tyler. “If we could have bought another 50 quality Paragon cars, we would have sold them.”

Whilst the buyer’s market is expected to remain buoyant, it may also be equally good news if you have a quality example to sell, too.