What you need to understand is, this is not a "price crash" but a re instatement to normality from the greedy asking prices from dealers and flippers, the bubble has burst for a variety of reason, happy to do a vid with you. Manufacturing has got back to normal, new cars are coming through, second hand market place has now popped, and new market place over saturated. Finance and balloon payments has massively changed, interest rates miles higher ,along with much higher deposits being sought due to fears of people giving them back.

‘Normal’ is actually being able to negotiate down from MSRP. That’s almost always been the case historically.

Dealers clearly know what’s coming

Same has happened with the market in Rolex and Audemar Piguet watches... Those with medium-money are tightening the purse strings causing demand to drop... Bubble is deflating

It's not that they're now undervalued it's that they were previously, massively overvalued

Those two GT3’s are absolutely stunning

being involved with the car trade and market for over 30 years, ive never seen anything so crazy and we are being warned its going to be even worse, reports of people losing ridiculous money on cars. i definitely wouldn't be buying anything at the moment when stuff is losing money like bricks in water

I love the low-key vibe. I really enjoyed this.

Mr JWW Great Video I think it's awesome that Porsches are coming down in price so people can get em easier and I think those two GT3s are absolutely gorgeous

I think prices will keep going down as investors look to get rid of cars in a falling market. We haven’t seen the bottom of the market yet…….

this whole video just sounds like james selling porsche to get an S/T allocation from that dealer😂

Dealers floor plan (borrowing cost) is driving this. With increased borrowing costs for their own stock, they need to shift the liability.

I can't believe how much i enjoy someone pronouncing Porsche the right way in english. 😂

Take a look at the AM DBX and the Porsche Taycan it’s incredible how much money they have lost in 12 months

Whatever Msrp prices were for vehicles in 2019, add 7%, then subtract roughly 9-12% for the out the door price of a new car’s price. That is what cars should cost realistically now providing dealers weren’t DB’s . But the world turned on its head and we are inching closer to a reckoning which will hopefully put us closer to the good ole’ days of 2019.

the dark red / gold wheels GT3 is magnificent

Uncut content is still just epic. Love it.

6:37 the red sport tourissmo looks lovely!

In Australia I saw one drop $30k in a month. Hopefully they keep dropping to a reasonable price so we don't have to give the sales guy a 😮✊️

Good to see you back in Perth

As someone who lives in the highlands i cant wait to be able to buy a gt4rs/gt3 and take it on the nc500

The gt3 on that Dark Red is Super

‘If you’re buying now it’s unbelievable’ No it’s not, unless you’ve got a trust fund you can take money out of to buy everything with cash. The only reason these care prices are where they are is because the interest rates are insane

Great vid. But where's the epic gilet from ?

Wow this was a very informative video 👍👍👍👍👍

"Almost list price" "delivery mileage" that's wild.

I'm glad I was patient and didn't fall into the trap of over paying.

We have had the Taycan GT for almost 1.5 years and love it. We have other cars so we don’t depend on it for trips but a great around the city Porsche! Grocery/Pick up the kids machine! Enjoy.

Your probably right about the colours down south. I notice most Audi dealerships its either Black Grey or White !

Did you say that’s Porsche Center in Perth- Peter Vardy group I believe?

A price crash because they're being sold at MSRP. Lol

I remember during the 2008 crash Porsche Careera GTs were going for 280k all day used. I wish i would have brought my whole family together to buy one and then sell it during covid. 😞

Very informative video James, thanks. I think we really are starting to see the effects of higher interest rates. Leasing cars like this now is significantly more expensive. The economy is flatlining and property prices are falling. Hate to sound like a doomer but…. Buckle up everyone!

Great video mate!

Hmmm… I was offered a configurable S/T allocation yesterday at MSRP and have to give my notice today if I want it or not. Of course I want it. It’s my dream car, but it’s double the money of my GT4RS, and I’m thinking the S/T too will tank in value, short term at least. Long term I think also the GT4RS is a safe bet for solid appreciation. Problem is I have to take out a loan for 40% of the S/T buying price. And they wanted a 12 month embargo on me not selling the S/T, and when it came to sell, the dealer wanted to do the selling.

picking up my gt4 982 tomorrow.... 123k i paid for 7k miles on it. Much love from the US!

I hope this realization kicks in for gm on the z06

That ruby gt3 was £200k a few months back. Been for sale a while

When you had the grey Taycan & the red GT3 next to each other, can you imagine the front nose of the Tycan being replaced with the front nose of the GT3... I love the rear end of the Taycan but hate the front end!!... Now that would be a great looking car!!.... Almost like a 911 shooting brake

I'm seeing 871 GT4s for $99K US. And GT4 718 going for $124K with barely any miles. Prices definitely coming down. Finally.

Can’t wait enough for the fire sale. Just need to wait a bit more for used cars to pile up so that their prices fall too. With sustained high fuel prices, I see this happening soon. It’s just that people don’t have any reasonable new car to trade their current cars with. So this will take a while. Then dealers will have to lower their prices even more etc.

Watched a vid from the USA on a similar topic. Two brand new 2022 pick up trucks still sat on the lot, both the best part of $150,000😂. Remember in the U S 22 model year is out in 21..

That red gt3 with gold wheels looks unbelievable 😮

Maybe out there but then again UK always had cars more expensive than Canada/US. Here in Canada and the US, prices are still inflated. Some came down a bit but Porsches are high up. Some especially the higher 911 models up to $100k over MSRP

Think you should buy the pair of blue ones.

5:50 interested to hear why you couldn’t stand the model 3 performance?

Doesn't really matter how much prices are coming down, current APR rates are negating any possible reductions by dealerships. I am currently interested in changing my 2019 718 Boxster T, however the 11.9% APR being offered by Porsche is laughable. There is a good reason a lot of dealerships are seeing stock not moving, anyone paying almost 12% interest is either so wealthy it doesn't matter to them, or they are nuts.

Expecting that there would be no more manual is part of the problem by justifying silly price for certain features. JamesEmm explains this well in his video on the subject.

SO pleased that you have one of these! I’ve long thought that a Porsche Taycan would be my EV of choice, if I could ever afford one, so your thoughts on this will be of great interest.

Looking at the prices in 2017-2018 vs today is just sad. I think the RHD market is coming down faster than the LHD due to the market scale and the euro value. But one thing is sure, im not paying 60-80k€ for a 5 year old Cayman S... should be about 35-50k imo.

Maybe in the UK you can buy new Porsches at MSRP but in the states they are still asking over sticker. I just bought a fully loaded 2021 911 Turbo S and paid 15k over MSRP. New 2024 models are going 20k over sticker so maybe they are coming down from 50k over sticker but no 2021-2024 Porsche is selling at MSRP in the US.

Was waiting for James to break out in to Backstreet Boys... 🤣

I think the GT3 is around 30k above retail, possibly a little less if there are not obvious options with the car.

Normal means used cars should be sold below MSRP( for the vast vast vast majority of cars at least...). Normal means that the vast ,vast car models should be available to buy them on the spot(with some delays if you go for exotic specs) from a dealer. Normal definitely does not mean used cars should be sold above MSRP

Currently waiting for used Ferrari GTC4Lusso prices to come down a bit. V12 + shooting brake a winning combination!

If you can get a 992 GT3 for £160k, there’s got to be a major readjustment in 991.2 GT3s soon I think. Now that’s also tempting.

I bought my 997 Turbo years ago when the market was down. Things will have to get worse so we can stabilize. But the old turbo and Gt cars will take less of a hit than the newer ones. I think 2024 will feel a lot like 2008….

I guess its another world over the because I just looked in autotrader here in the united states and the prices are nose bleed sky high for NEW AND USED Porsches no breaks whatsoever.

From the technical standpoint the weight increase in EV will be compansated by gain in power. Usually the benefit is more than the loss created by the weight gain.

Daily a 992 GT3 ? Have you driven one? Harrys Garage said it would be horrendous as a daily.

I love my GT4, but I'm waiting for the 991.2 GT3 to bottom out. I think there might be a period where they're the same price next year. What would you take, 991.2 GT3 or GT4RS?

I don't see any price drops in EU/German used market...

Perhaps there's still some way to go - I don't see the rate of price reductions slowing currently !!!!!

Also, Porsche Taycan - 12mths ago going for massive overs.. Tewkesbury Porsche emailed me last month offering £5k off any new Taycan if delivered by end of year…

Love your shoes!

That gt3 colour is absolutely stunning. 100k for a cayman though hardly chump change is it.

Which market is involved? Not in the Netherlands anyway. So we buy the excotic better elsewhere.

Please do the trip asap I need to see that content

I watched this video because it popped up in my YT today, but I don’t care what prices do, I prefer enjoying my time at the wheel of a car I’ll keep for long, my 981 Boxster GTS 😊. Let prices crash if they do, more people can get on the Porsche train then.

The price will keep going down below list on used as they are being bought on loans jst to appreciate and they no longer do which means most of the customer base (flippers) are gone

How much when driven out of the showroom?

You have my support to totally ignor the EV. Maybe I will be able to afford an ST if they drop in price too😊

finally this crazy market is finish...

Not so much a market crash, as cars simply coming back down to the level they should be, after being heavily overinflated for a while.

But every single road in the UK is restricted, either by rules, cameras, or just weight of traffic. Sadly, these cars as glorious as they are, serve no real purpose now, except to show off.

I usually hate these rich guy supercar channels, but this guy is so good looking.

someones hot misses is getting a very nice GT3 for Christmas this year I know haha

I was with a customer who had a Taycan, it went like stink, but he was quick to point out when the EV tax break ends in 2025 , he’s getting rid of it for a hybrid , he wouldn’t have another EV

I’m crying, the 2022 gt4 for 91k even if in pounds. These are around 140k US dollars in the states, that’s what a 30k dollar difference. Just sad.

Was in Germany in September and got to drive my brother-in-law’s Porsche Taycan GTS Sport Turismo (he works for Porsche). First time I’ve driven a Porsche. Very nice!

High end cars, watches so called flip opportunities are all on a downward trajectory. Mix of reasons, 1. Buyer's have had enough of the dealer / AD game. 2. There are now too many GT (type) products on the market. 3. Trend for race type GT (type) products has wained, if you look, most have had 6 owners. 4. Higher finance and mortgage rates. 5. Influencers driving £££££££'s cars is of a period of time that has now elapsed. 6. Money is going elsewhere e.g. Adventure motorcycles and life changing experiences.

He really is the David Brent of car videos

Literally got laughed at when I asked about getting a GT3 and a GT4

Gt3 is now 170k.. I'm buying one !!! Now is the time , things will slowly review slightly in spring

There are plenty of issues. Easy credit deals pushed prices and margins of new cars up. The reality is that the second hand market is more circumspect especially as credit conditions (and remortgaging conditions) are less attractive. However, Mr JWW, by far the biggest turn off for buying any of these cars are the catastrophically expensive servicing and prices of parts (when they can be found...). Wing mirror of a X3 Mumtruck: £1000. New headlamp for a e89 Z4...nearly £2000. The market crash will also extend to EVs as the second hand market starts realising that buying a new Tesla battery or powertrain is close to the value of the car... Now this is not really your department Mr JWW, but the saving grace for many of these cars may turn out to be parting them out on eBay.

That white porsche looked like a Lusso

Very much not the case in the USA unfortunately

It was inevitable. APR on car finance was never lowered to where it should have been when bank base rates were low. Surplus cash built up through Covid lockdowns has now been exhausted. And now even higher APR’s on finance has led to people thinking more frugally. It’s a price correction and with 2 million UK home owners to renew mortgage deals at much higher rates than they’ve been used to this year, I don’t see the car market improving anytime soon.

Respect the 8.% interest rates is what’s bad

I gotta be this level of wealthy one day when I can make $100k+ cars sound like I'm shopping for Miata's and Hyundai's 🤣🤣🤣🤣

what dealership is this?

Many manufacturers are starting to do the moonwalk on EV's. Porsche enthusiasts want that magical sound & a motorcar for the road. Not searching for a charging station, EV issues, or a Dyson. Cheers!

why do i want all of them, even tho its many of the same model :D

That's not actually a market crash, the prices were very inflated and looks like its coming back to normal, wish i had money for one of these beauties 😆

I didn't quite understand his comments why is it a swan song that these cars are trading at 3x4x5x times their value. These calls were meant to be driven and they've just been put into storage for investment purposes All of those cars are going to be released onto the market so that people can actually buy them for real money and drive them and enjoy them. He's talking as if something terrible is happening this isn't terrible this is fantastic. Clearly he wasn't collecting cars in 1990 when price is dropped 90%

Simulated sounds. Simulated gear changes.......Hmm? All things you don't need to worry about in a petrol car now is it?

These are the real prices.. good so! End of speculation overkill… in 10 years will be so much cars from old collectors on the market that everybody drive a sportscar 🚨🤦🏻‍♂️

Buyers remorse syndrome is reaching pandemic levels😢

Wow a Porsche feels more premium to a car half the price? Who would have thought...

Market needs to crash another 20%, then its time to buy😊