These 3 Luxury Sports Cars Hold Their Value Better than the Rest
For many, buying a sports car isn’t a rational purchase. Rather, it’s born of excitement, nostalgia, or fun. However, there are some sports cars out there that can be smart purchases, since they’ll hold their value over time. In this case, both the Porsche 911 and Chevy Corvette top the list for luxury sports cars that hold their value better than the competition.
The Porsche 911 holds value better than any other luxury sports car
The Porsche 911 is one of the most iconic sports cars of all time. Instantly recognizable with its rounded shape, round headlights, and elongated taillights, the 911 is synonymous with sports car excellence. With so many different variations of the 911 on sale today, it may be a surprise that they hold their value so well.
However, a focus on premium handling and ride quality make this Porsche sports car a desirable choice for many enthusiasts. More importantly, the Porsche 911 is seen as collectable by many, especially considering the number of unique trims and build options that come with each generation.
By the numbers, the 911 is the best sports car for holding value. But what does that mean in the real world?
According to iSeeCars data, the most-popular Porsche sports car has an average five-year depreciation of just 14.6% from the purchase price. Keep in mind though, that the price of a 911 often ranges well into six figures. That makes the scant depreciation percentage a rather lofty $21,000.
Still, if you’ve got the scratch and sports cars are your thing, consider parking some of it on the German legend. Most models will hold value well enough to avoid becoming a money pit. In the meantime, you’ll get to enjoy one of the most sublime driving experiences money can buy. Plus, special edition models may even appreciate in value over time – just don’t go into any car purchase with that expectation.
Porsche 718 Cayman ranks second for holding value
Placing second on the list of luxury sports cars that hold their value is the 911’s little brother, 718 Cayman. In fact, the Cayman holds its value for many of the same reasons as its more decorated sibling.
The Cayman is more affordable at the outset, and there are multiple high-performance versions like the GT4 and Cayman Turbo that offer more than the base. In addition, the Cayman delivers a truly remarkable driving experience, blending refinement with razor-sharp handling.
C8 Corvette also holds its value as a luxury sports car
Sitting just behind the Porsche siblings is the new C8 Corvette. The hotly-anticipated mid-engine Corvette has taken the automotive world by storm, and it’s holding value well as a result. With limited in-stock inventory, used Corvette prices remain high. Helping is the fact that first-gen models quickly appreciated in value thanks to limited production.
Dealer markups aside, a C8 Corvette could be a great option as a more affordable luxury sports car that will still retain value.
As always, there are no guarantees
A fluctuating market may put a damper on some of these high-end sports cars, but overall the three models here have always held their value. It’s never an easy decision to sell a sports car you love, but these three may make it a bit easier to take.