Porsche 911 R selling for almost $1.3 million…USED?

2016-porsche-911-r-2016-geneva-motor-show_100548145_m

There appears to be no slowdown in the collector car market with limited edition models from prestigious marques continuing to skyrocket in value.

And one of the most sought after is the 2016 Porsche 911 R, which in the United States retailed for $185,950, including destination, but on the used car market is fetching prices of almost £1 million (approximately $1.32 million).

The information was revealed to Motoring Research by Tim Marlow, head of supercar finance company Magnitude Finance.

“We spoke to several Porsche specialist dealers and they confirmed the cars are commanding close to £1 million,” he said. “We believe this is a record level of appreciation for a new car based on a percentage of its original value.”

Read More

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s