When shopping for a luxury vehicle like a Porsche, one of the key decisions is whether to buy new or used. Here, we'll take a balanced look at the pros and cons of new versus pre-owned Porsches to help you make an informed choice.
Advantages of Buying a New Porsche
- Access to the latest designs, technology, and features
- Ability to customize options, colors, and trim to your preferences
- New vehicle limited warranty for peace of mind
- That incomparable new car smell and pristine condition
Disadvantages of New Porsche Vehicles
- Significantly higher cost than a used model
- Steepest part of the depreciation curve occurs in the first few years
- Required to pay new vehicle sales tax in most states
Benefits of Choosing a Pre-Owned Porsche
- Lower price tag than an equivalent new model
- Bulk of depreciation has already occurred
- Certified Pre-Owned options offer warranties
- Greater variety of vehicles, trims, and model years to choose from
Downsides of Used Porsche Models
- Lack access to the newest designs and technology
- May have some wear and tear and higher mileage
- Reduced warranty coverage compared to new vehicles
- Maintenance costs may be higher
Carefully weigh the benefits that matter most to you. Regardless of which route you choose, you'll be getting behind the wheel of one of the world's most coveted luxury and performance vehicles.
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