Porsche 911 for sale in Kowloon (Hong Kong)

Are you currently looking to buy (or sell) a Porsche 911 in Kowloon? Vehiclus analyzed the local used auto market of all cities in Hong Kong to establish a pricing profile of various Porsche models depending on their age, technical condition, optical condition, and mileage. In order to maximize your profits when selling your 911 (or to be sure to not overpay when purchasing a Porsche 911) it is very recommended to understand all price-establishing variables.

Supply and Demand of Porsche 911 on the local auto market

Kowloon is a city with currently 2019533 inhabitants. However, it is hard to find more than a dozen Porsche 911 on the market . Therefore, the supply is not high and the demand depends on various of factors for example maintenance costs, fuel mileage, and brand competetivness.

Price Devaluation Curve of the 911 in Kowloon

As shown below, cars of the car manufacturer Porsche and specially of their model 911 depreciate in a very conventional manner. The average asking price of the 911 will be decreased by 13% ($81,474) after only one year. After three years, the car typically costs only 64% of its original selling price ($58,505) while it will only be worth 28% of the MSRP after 7 years ($26,069). The 911's value after 12 years is only 10% of its original price depending on its condition of course.

Depreciation according to vehicle mileage

Another way to analyze car depreciation is to look at the decrease of value over miles driven. The Porsche 911 depreciation curve below describes this phenomenon for Kowloon. The 911 looses most of its resell price (~ 50%) within the first 30k kilometers driven. The mean price for a 911 at that usage level is approximately $52,855. After that the devaluation slows down: at 90,000km the Porsche 911 is priced for $30,808 in Kowloon and for $14,991 at 180k km .

Porsche 911 price depending on condition (fair, good, excellent)

The last parameter that significantly influences the selling price of a second-hand car is the technical and optical condition of the vehicle. The table below describes the deflation of a Porsche 911 according to its year and its condition.

Vehicle Year	Porsche 911 Condition
	fair	good	excellent
2017	$57,200	$74,396	$91,591
2016	$50,302	$65,424	$80,545
2015	$43,893	$57,088	$70,283
2014	$37,973	$49,388	$60,804
2013	$32,542	$42,325	$52,108
2012	$27,601	$35,899	$44,196
2011	$23,149	$30,108	$37,067
2010	$19,186	$24,954	$30,722
2009	$15,713	$20,436	$25,160
2008	$12,728	$16,555	$20,381
2007	$10,233	$13,309	$16,386
2006	$8,227	$10,701	$13,174
2005	$6,711	$8,728	$10,746
2004	$5,683	$7,392	$9,101
2003	$5,145	$6,692	$8,239
2002	$5,096	$6,629	$8,161