Well, it seems like every few years, my old Porsche 911 Turbo, the one that started my whole "interesting depreciated cars" adventure, gets resold on the car auction site, Bring a Trailer (BaT). And here we are again . When I sold it there back in 2016, it was the first 911 Turbo from the 996-era (2001-05) Turbo that had ever been listed for sale on Bring A Trailer (at least, that's what they told me at the time, tho it looks like a red one may have beat mine by a couple weeks). Since then, there have been lots and lots sold on BaT. I bought this car in 2014 for $38k with 50k miles on it, sold it in 2016 on BaT for $45k, and then watched it be sold again in 2020 for $42.5k, and then for $64k in 2022 . But it seems like the appreciation bubble may have burst. Today, in 2024, after 9 owners and 71,000 miles (which means that it has only put on 21,000 miles in the past 10 years!), the auction bidding reached $54,000 but did not meet the seller's reserve price. I...
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