Car
Investing in a Porsche yields more than savings.
Investing in a Porsche yields more than savings and has become an investment for the few these days. Want to know more about it and whether investing in a Porsche is worthwhile? Check it out below!
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Discover why a Porsche yields more than a savings account these days.
Since the beginning of the new coronavirus pandemic, the prices of new and used cars have skyrocketed due to a series of factors, ranging from dollar fluctuations to component shortages. The story is no different when we talk about luxury vehicles, but here's a crazy catch: today, investing in a Porsche yields more than a savings account.
Today, vehicles from the German automaker stand out as a true asset that appreciates in value day by day.
If your goal is to make money with cars, today we'll show you why choosing a Porsche is a good way to fill your pockets with cash.
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What is the market value of a Porsche today?
A quick search reveals that pre-owned models from the German automaker are currently being offered on the market for higher prices than brand-new vehicles.
There are cases where the difference easily exceeds 30%. A much higher percentage than the returns on savings accounts these days, isn't it?
Let's use the example of a classic model from the German automaker: The 911 Carrera S Cabriolet.
A brand new R$ starts at around 900,000 on the Porsche website in Brazil.
But if you're looking for a new 2020 model with some kilometers on the clock, it's easy to find prices in the range of R$ 1.2 million.
It's that 30% increase we just showed you.
Now, to make a direct comparison, let's talk about savings.
Last year, the return on savings over 12 months was 2.11%, while inflation over the same period reached 4.52%, according to the IPCA.
Why are Porsche vehicles so highly valued?
There are several factors that explain the higher value of Porsche vehicles compared to vehicles from other manufacturers.
The long waiting list, coupled with demand exceeding supply, are cited as decisive factors in explaining the phenomenon of vehicle price increases at the automaker.
Depending on the model, the wait for a unit can be up to five months, due to the customization requested by the customer.
Another factor that greatly contributed to the appreciation of pre-owned Porsches is that the brand was one of the last to pass on the dollar's increase to the final price during the pandemic.
Many who ordered copies paid according to the exchange rate from months before delivery.
Since 2018, the German brand has been breaking sales records in the Brazilian market.
Even during the most critical year of the pandemic – 2020 – Porsche registered nearly 2,500 units sold here.
This volume represents an increase of more than 35% compared to registrations in the country in 2019.
The expectation for 2021 is that the record will be broken once again.
This explains why investing in Porsche yields more than savings accounts.
The way you buy a Porsche makes it easier to appreciate in value.
According to the manufacturer, today, more than 90% of vehicle sales made here are related to orders.
In this type of transaction, the amount to be paid is based on the exchange rate on the day the reservation is made official.
The contract is then signed, with an upfront payment of 10% as a deposit.
The remainder can be paid in cash or through financing after the car arrives in Brazil.
With currency fluctuations, the buyer may end up with a car that is much more expensive than what they paid.
Therefore, choosing to sell it guarantees a much higher return than leaving the money in a savings account. It's that simple.
Can a car be considered an investment?
Although the high resale value of Porsche vehicles is eye-catching and appealing to investors, our experts say that cars should not normally be considered an investment.
In a natural environment, automobiles are not an investment, except for collector's items, where the cost of maintaining them is a significant factor.
In the case of cars from the German manufacturer and other luxury brands, it's fair to say that they currently represent a possibility for short-term profit. However, it's important to remember that there is a high level of risk involved.
Although investing in a Porsche yields more than savings accounts these days, this is a time of pent-up demand, making buying and reselling a sustainable long-term investment.
There's no way to know how long this situation will last, whether the dollar will maintain its current exchange rate, or if the automaker will be able to balance supply and demand.
To make money before buying a car, you need to be sure that there will be buyers who will pay the asking price.
If we consider the scenario where a customer waits five months to receive a brand new Porsche and can sell it for a profit of 30% shortly afterwards, it's not unreasonable to say that this is a feasible gain.
If we compare it to the stock market, there are stocks today that yield a return of 10% per month. Similarly, there are funds where monthly returns reach 20%.
However, this level of profitability comes with risks and the requirement not to touch the invested money for a certain period of time.
Is it worth buying a Porsche for resale?
Now you might be wondering: If a Porsche yields more than a savings account, is it worth buying one for resale?
Our experts remain neutral and say: it depends.
If you have money to spare and want to make a profit by buying a Porsche, the most we can do is point you to the best options.
The cheapest zero-mileage model from the German brand is the 718 Cayman, which starts at R$ 455 thousand.
The most expensive model is the 911 Turbo S Cabriolet, which starts at R$ 1.59 million.
Now it's up to you to take the scorpion out of your pocket and try your luck.
And since we're talking about expensive cars, how about checking out a list of cars that aren't worth the price?
We've compiled a list of vehicles with very high price tags. To check it out, just click below!
Top 10 cars that aren't worth the price.
Discover models that are sold for much more than they are worth.
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