Are you in the market to buy (or sell) a Porsche 987 in Duesseldorf? Vehiclus studied the local used car market of all towns in Germany to determine a pricing profile of various Porsche models depending on their age, technical condition, optical condition, and mileage. To optimize your profits when selling your 987 (or to be certain to not be overcharged when buying a Porsche 987) it is useful to learn most price-determining variables.
Duesseldorf is a city with 573057 inhabitants. Nevertheless, there are not many Porsche 987 available on the market. That's why the supply is low and the demand depends on various of parameters for example car model reputation, mileage, and used car pricing.
As shown below, cars of the car manufacturer Porsche and specially of their model 987 devaluate in a very average fashion. The mean price of the 987 will be lowered by 14% ($85,994) after just one year. After three years, the car usually is sold for about 61% of its original asking price ($63,410) while it will only be valued at 32% of the MSRP after 7 years ($27,271). The 987's value after 12 years is only 12% of its initial price depending on its condition of course.
One more way to describe vehicle depreciation is to study the decrease of value over kilometers driven. The Porsche 987 depreciation curve below describes this phenomenon for Duesseldorf. The 987 looses most of its value (approximately 50%) within the first 30,000km of its mileage. The mean price for a 987 at that usage level is ca $55,037. After that the depreciation plateaus: at 90,000km the Porsche 987 is priced for $33,451 in Duesseldorf and for $15,288 at 180,000km of mileage.
The last factor that heavily influences the selling price of a used car is the technical and optical condition of the vehicle. The table below illustrates the deflation of a Porsche 987 according to its year and its condition.
| Vehicle Year | Porsche 987 Condition | ||
|---|---|---|---|
| fair | good | excellent | |
| 2017 | $72,681 | $85,878 | $99,075 |
| 2016 | $63,916 | $75,521 | $87,126 |
| 2015 | $55,772 | $65,899 | $76,025 |
| 2014 | $48,250 | $57,011 | $65,772 |
| 2013 | $41,350 | $48,858 | $56,366 |
| 2012 | $35,071 | $41,439 | $47,807 |
| 2011 | $29,414 | $34,755 | $40,096 |
| 2010 | $24,379 | $28,805 | $33,232 |
| 2009 | $19,965 | $23,590 | $27,215 |
| 2008 | $16,173 | $19,110 | $22,046 |
| 2007 | $13,003 | $15,364 | $17,725 |
| 2006 | $10,454 | $12,352 | $14,250 |
| 2005 | $8,527 | $10,075 | $11,624 |
| 2004 | $7,222 | $8,533 | $9,844 |
| 2003 | $6,538 | $7,725 | $8,912 |
| 2002 | $6,476 | $7,652 | $8,828 |
| Porsche 987 variations: |
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