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I suspect that the Porsche used car market is nearing a bottom. But I don't see any recovery in sight. At least not in the near future. And I don't think that Porsche's actions of delaying or reducing 2010 models portends a change in any of this. I think they are reacting as quickly as they can to a very difficult market. But that doesn't mean they'll turn it around. More likely, they'll mitigate further degradation.
All this means that it is a very good time to buy a new or used one. And it will likely stay that way for some time. But holding out for yet lower prices is likely playing in the margin. When delaying your purchase with the hope of further market erosion, for a discretionary item such as a Porsche, you have to consider your time, and the time you could be enjoying the car versus the potential future savings.
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2005 Porsche 997S Cab (white/black)
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