RE: Porsche 911 GT3 RS 4.0: Spotted

RE: Porsche 911 GT3 RS 4.0: Spotted

Author
Discussion

hondansx

4,570 posts

226 months

Thursday 21st August 2014
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Itsallicanafford said:
..when are E46 M3 CSL values going to get really moving? With the latest M3 still slower around the ring, surely they might make take a big leap soon?
Worth noting that time was set on the Michelin Cups, so not quite fair on the car there.

You are right though, CSL prices were going up quickly and have just sort of stopped.


f1ten

2,161 posts

154 months

Thursday 21st August 2014
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100% agreed and if i had the cash i would buy it... f40 now over valued, f50 now up where it should be, SLR no thanks... CGT amazing....
456mgt said:
And just to add my 2C to the original question; I don't know whether the 4.0RS is overvalued, but I'm absolutely convinced the CGT is undervalued. It's something very special indeed.

f1ten

2,161 posts

154 months

Thursday 21st August 2014
quotequote all
yellow and 50000 miles... dream on mate. as much as i loved my 996s... they were never keepers. its 42-47k at best
SidewaysSi said:
He bought that for 40k ish a couple of years ago - Everyone is trying it on! And the mileage isn't that low either...

I think an interest rate hike will affect these values much like property...

isaldiri

18,607 posts

169 months

Thursday 21st August 2014
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WCZ said:
4.0 won't literally kill you like the cgt
IMO
It always strikes me as peculiar how some people actually end up believing the above based on some nonsense written in articles due to some admittedly bad accidents......

s2000db

1,156 posts

154 months

Thursday 21st August 2014
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Cars based on massed produced body shells, have no rarity value imo, and in the case of the 4.0 a few parts bin add ons and a bored out engine, it was priced correctly in the first place...

Don't worry, a better one will always come along soon.... laugh

f1ten

2,161 posts

154 months

Thursday 21st August 2014
quotequote all
really... until of course porsche bring out the 15th different model in the line up - a 4.2l gt3 rsr 991...
the CGT has the 959 and 918 as its blood line... no panels lifted from another 911 model or shared windscreen or shared alloys... they are 1 off designs... I know where i would rather invest my money.


Marwood79 said:
The Pits said:
Perhaps someone who would prefer a GT3RS to a Carrera GT could explain why?

Utterly mystifying.
Perspective. On paper, in most categories there is no contest. But factor that 10 years from now the 4.0 will be worth £1m+ and there is your reason.

The real question is in the current daft market, why is the CGT so underpriced?

s m

23,243 posts

204 months

Thursday 21st August 2014
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Leins said:
Where are we at with 959s & 993 GT2s now? I can't keep up with these price changes
How much is a 997 GT2 RS now? That would be my first choice for a 997 GT

Mermaid

21,492 posts

172 months

Thursday 21st August 2014
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s m said:
How much is a 997 GT2 RS now? That would be my first choice for a 997 GT
yes Just thinking that as you posted.

Terminator X

15,108 posts

205 months

Thursday 21st August 2014
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CH sold too soon eek

TX.

SidewaysSi

10,742 posts

235 months

Thursday 21st August 2014
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f1ten said:
yellow and 50000 miles... dream on mate. as much as i loved my 996s... they were never keepers. its 42-47k at best
SidewaysSi said:
He bought that for 40k ish a couple of years ago - Everyone is trying it on! And the mileage isn't that low either...

I think an interest rate hike will affect these values much like property...
Entirely agree. It is dealers like JZM and SCOM who are hiking prices ever higher. However is it me or has the air cooled 911 market slowed down of late?

A year ago they were really motoring-3.2 Carreras went from late teens to late 20s/early 30s very quickly but they have hung at that level.

Likewise, 993 C2s don't seem to have continued to climb ever higher, much like CSLs mentioned previously.

Perhaps this is the peak? Property prices have also seemed to slow down in the last few months...

Mermaid

21,492 posts

172 months

Thursday 21st August 2014
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Terminator X said:
CH sold too soon eek
.
At least he drove it then as it was modestly priced at the time. Would he be doing power slides in it now if it was worth £350k?

dbhenshall

36 posts

141 months

Thursday 21st August 2014
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carrera GT everytime, the 4.0 is special but ...The GT is carbon tub V10 for heavens sake. I wonder if their reputation as tricky handler hurts them, but then again early 911 turbo's wern't known for their handling and look how collectible they are and there are a lot of them...

The Pits

4,289 posts

241 months

Thursday 21st August 2014
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A 4.0RS is hardly a push over though isn't it?! Not exactly the last word in on-limit handling.

You used to see bent GT3RS at almost every track day and yet the CGT is the one with the reputation for being a bit of a handful!

I suppose there was some element of the CGT being overshadowed somewhat by the other hypercars of its era. For whatever reason the uber wealthy don't seem to think that Porsche can do hypercars very well. Whereas the 4.0RS is the unequivocal 'ultimate' of it's kind.

I'm still struggling with it though (£220k 964RS even more so) but even for those so enamoured of the whole beetle thing, a GT2RS has to be a whole load more fun though surely?



Por911T

461 posts

220 months

Thursday 21st August 2014
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The Porsche world has gone utterly crazy, so many people sucked up and paying frankly stupid prices for 996/7 GT3's - the bubble must surely burst ....but as long as the European demand remains strong who knows ....

Zumbruk said:
In the making? This particular bubble's been inflating for nearly 2 years now. Every time there's a financial glitch, people start looking for alternative asset classes to put their money into, and fine wine, classic cars and similar stuff experience a bubble. As soon as the financial markets pick up, those bubbles promptly collapse, and that's what will happen here. I've seen it before at least twice. I so wanted a 911 GT3 as a retirement present for myself, but they've bubbled beyond my reach, so I'm just going have to wait until the prices come down again. Which they will.

vournikas

11,719 posts

205 months

Thursday 21st August 2014
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Soov535 said:
matpilch said:
it is the ultimate 911 after all
Hmmmm.

http://www.specialistcarsltd.co.uk/vehicle/porsche...
IIRC, Maltons have been trying to sell ^ that 911 for years.

Yet just a couple of months ago, a UK Porsche specialist (Autofarm? Paul Stephens?) sold a minty 2.7RS for £500k without advertising it!

mikEsprit

828 posts

187 months

Thursday 21st August 2014
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I've commented/complained in SOTW on this before (and surely will again, haha), but I find it curious and annoying that the model year of vehicles being talked about is not placed in articles. I assume this is a British thing because in the USA, it is something that would be stated in the very first sentence about any vehicle being discussed, i.e. 'This 2005 Ford...' or '98 Volvo S80'.

As to this car, at least it has the graphics on the side so I could go home and look it up if I saw one in the wild, but 911's don't do anything for me since they are so commonplace. My money would go with the CGT easily if I had the choice.

BBS-LM

3,972 posts

225 months

Thursday 21st August 2014
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I have always loved the 911 GT3 RS 4.0, it's one of the most desirable 911 out there, but does it beat a Carrera GT, No.

pistolp

1,719 posts

223 months

Thursday 21st August 2014
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If you drove both you'd change your mind. Particularly on track. The 911 is much more playful.

Adz The Rat

14,139 posts

210 months

Thursday 21st August 2014
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pistolp said:
The CGT is about the only car that hasn't really been affected by this bubble. Weird really.
Ive always thought the CGT was criminally undervalued, Im shocked its not a £700k car.

robertpaulson

44 posts

147 months

Thursday 21st August 2014
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hondansx said:
Not saying i disagree with what people are saying but bear in mind:

Carrera GT - 1270 made
GT3 RS 4.0 - 600 made

As said, i imagine if you can afford either, you can afford both. This story is inventing a dilemma for people that can afford neither.
so surely a 964 turbo cab should be worth 2million quid then..