Reviewing the value of my Porsche 992 Carrera 2 on the market at 1 year old. Also checking how much I have paid towards the Porsche 992 finance cost and what value I have left in the car after 12 months.
I have now owned my Porsche 992 Carrera 2 from new for 1 year and as I do with every car I check up on it's market value to see what it is worth.
Every year if you have the car financed you should received a statement detailing interest & capital paid towards your loan. As part of that statement from Porsche Finance I received a settlement figure that would end the agreement at that time.
I have used that settlement figure for the 992 from Porsche finance to work out how much value I would get back from the car if I were to sell or trade it now.
To work out how much my Porsche 992 Carrera 2 is worth on the market after 12 months I have done 2 things. I have offered it to buy back companies for a cash back payment to get a trade book value and I have also reviewed the 992 c2 models on forecourts to see the retail price. If I were to try selling it privately what would I get extra for the effort.
Checking out the retail price of my Porsche 992 on dealer forecourts is important to see if the trade values for cash I am offered are too low or unrealistically high. This also confirms how much my new Porsche 992 has depreciated on the open market after 1 year giving me an idea of when might be a good time to trade the car.
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Related videos:
👉 My video on Porsche 992 running costs - https://youtu.be/wyhLOI0ld8E
👉 How much my Porsche 992 C2 costs in 7 other countries - https://youtu.be/OZQ8p4RnU8U
👉 How much my Porsche 718 Cayman cost to own for a year - https://youtu.be/yFlRon8DCnY
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Disclaimer ** Nothing discussed in this video is me giving financial investment advice. This is intended for entertainment purposes only. If you are thinking of doing the same you should seek advice from qualified financial advisors before proceeding**
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