RE: Porsche 911 GT3 RS 4.0: Spotted

[Auson]

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.

I thought the FTSE was quite close to its all time high ? I think its more about low interest rates and Q.E. looks like Porsche now means gold.
Just a thought but I wonder what the cost would be to make an exact replica.

[daytona365]

On the expensive side for a SOTW isn't it ?.......Pretty though.

[lamboman100]

300k for a Beetle with some scaffolding in it that only old men get excited about is madness. The Porker bubble will soon burst.

Edited by lamboman100 on Saturday 23 August 22:20

[jwo]

Saw one of these at Cow Roast filling station near Berkhamsted this afternoon... Looked awesome

[caine100]

Adz The Rat said:

Not suggesting as such, it just surprises me that they aren't valued a lot higher. It is / was the pinnacle of Porsche design, limited build, bespoke engine and chassis, etc..... so if you compare it to other similar cars (Enzo, F50) they are much more valuable.

I suspect a lot of the reason the CGT isn't worth more is because Porsche made too many - almost 1300 compared to 349 F50s and 399 Enzos. I'm sure it's value will increase in time though, just like the F40.

As for the RS4.0 it was always going to appreciate, it's the last of the proper GT3s and the best of the lot. And with just 600 made it's more than twice as rare as the CGT. That said, I don't think anyone expected it to appreciate so much so soon, but there you go.

[Mastodon2]

These are nice cars, and offer some very desirable specs, especially given Porches new direction with the GT line of 911s. However, my lottery win would go on a CGT every time - the 4.0 is nice, but in truth I'd sooner have a 997 GT2 RS, the CGT is the one to go for if ultimate NA thrills are the objective.

[Wills2]

Bonefish Blues said:

In a parallel universe somewhere I'm sitting down and thinking very very hard about whether to get a CGT or an LFA.

At no point do I think of getting a 911 with the same money.

(Waits for someone to tell me I can't afford an LFA for CGT money...)

I'd go with that. CGT seems worth the money to me and always has but 350k for a 911? No thanks (not that I can make that choice)

But fair play to Pistolp, he has two IIRC so it's a choice he can and has made.

[Leins]

Just playing Devil's Advocate, but surely with this logic then the 959 shouldn't be worth more than both cars together? A failed motorsport 911 project, quickly usurped by Ferrari, Jag and then McLaren. And worse, it's a turbo'd 4 wheel drive!

(Just for the record, I ache for an 959!)

[Wills2]

Paris Dakar winner? Fastest car in the world at the time? Just over 300 made?

[greggy50]

This car value boom is killing it for real enthusiasts as the prices get more and more silly the chances of them actually being used just keeps going down they are meant to be drive at the end of the day but at this money how can anyone afford too.

For me I would rather just get a normal GT3RS for around £90k then fit the sharkworks 4.1 motor and end up with a better car for less than 1/2 the price that you could still actually use without fear of horrific deprecation for putting some milleage on the thing

[The Pits]

Clearly a number of very wealthy people are now collecting Porsches. Most probably already have a CGT so now they are fighting over the few available 4.0GT3RSs. No self-respecting Porsche or 911 collection would be complete without a 959 and they hardly ever come up for sale so guess what, values go through the roof.

I suspect most people's money-no-object wish lists from the back catalogue would be broadly similar. 2.7RS, 959, Ruf Yellowbird, 964 Turbo S, 993 GT2, CGT, of the modern RSs it has to a be a 4.0 doesn't it? I'm sure the GT2RS makes it on most people's wish list, just not in their top ten.

[Rawwr]

greggy50 said:

This car value boom is killing it for real enthusiasts as the prices get more and more silly the chances of them actually being used just keeps going down they are meant to be drive at the end of the day but at this money how can anyone afford too.

If it makes you feel any better, there's someone I know [who has posted on this thread] with both an F50 and a Carrera GT. I've seen him drive and, believe me, there are people out there who still use them properly.

[Gompo]

Rawwr said:

Unlikely. The only 996 I can think of that'll rocket a bit is the GT3RS.

GT2 will to some extent I think, although has already jumped in the last 12 months or so.

[Dagnut]

Mermaid said:

Good post, except that the 4.0 RS will always command a huge premium for reasons that are nothing to do with performance - last Mezger, manual, 7.2 RS.

The last E30 M3 2.5 and the 190 E Merc 2.5 also benefit from that phenomenon. They are not that much better to drive than the 2.3 versions. There are more examples.

There was only 1 CGT version AFAIK, so they are all equal and the high initial entry price kept so many out. Profile of the current new purchasers? - Investors or drivers?

The Asian markets, particulary hong kong, will sure the value of RHD versions of this car.

Edited by Dagnut on Sunday 24th August 09:43

[Leins]

Wills2 said:

Paris Dakar winner? Fastest car in the world at the time? Just over 300 made?

I think the last statistic there might be the most important. 959 values were in the doldrums for a long time, always overshadowed by the F40 & 288GTO, and somewhat akin to the XJ220. But in this latest Porsche boom they seem to have sky-rocketed

Dagnut said:

The Asian markets, particulary hong kong, will sure the value of RHD versions of this car.

I thought many Asian markets valued LHD more for these sort of cars? Certainly I thought that was the case in Japan anyway

Edited by Leins on Sunday 24th August 10:08

[Rawwr]

Gompo said:

Rawwr said:

Unlikely. The only 996 I can think of that'll rocket a bit is the GT3RS.

GT2 will to some extent I think, although has already jumped in the last 12 months or so.

I think the GT2s and GT3s will be stable but the GT3RS will probably go silly at some point.

[David87]

What's the deal with the 997 GT2 RS in terms of build number and value vs the GT3 RS 4.0? The regular 997 GT2 seems excellent value in all of this!

[big_rob_sydney]

It must be me, but there seems to be so many variants, that to say theres only 600, but then there are an additional xxx thousands amongst the variants, seems to be quite strange.

Just how bespoke is this 4.0 compared to its brethren? I mean, if you could swap a few parts and build a c2 into a gt3 4, then its not that bespoke, is it?

For me, I'd rate the CGT much higher. Fair enough the 4.0 may well be a better car. But thats progress. And there are some "old" ferraris that are worth millions. So age alone isnt the issue, rather I think rarity. As for the 600 4.0's, I'm sorry, but personally I just dont get it. I look at how many 911's have been produced, and there are many gt3s from each series, such that the total number of gt3s is very high. The CGT was a one-off, and will never be seen again, unless something changes. The gt3? Just wait till next series / year, and you'll see a bunch more of them. So how does that make it rare???

[The Pits]

David87 said:

What's the deal with the 997 GT2 RS in terms of build number and value vs the GT3 RS 4.0? The regular 997 GT2 seems excellent value in all of this!

500 GT2RS (100 fewer than 4.0RS)

Official factory RS model.
The fastest ever road going 911.
The last manual GT2.

Currently sitting at Ferrari 458 money. That's a lot for a 911 but is probably about right. It's the 4.0RS that's the anomaly being worth anything up to twice as much for a car that's quite a bit slower and less rare from the same era. Some people are going to take a serious bath over this!

[pistolp]

If a 4.0 is going to go down in value then so is a GT2. It's less money for a reason too.

What I've just paid for that 4.0 is the same as what a new F12 with bits on would be. An F12 is definitely going to go down in value or most likely at least halve. A 4.0 has a very good shot at keeping on going. But my logic is as per the above, it's better to drive than an F12 (for me) and has a stronger financial case. Worst case is I've got a car I adore and its costs me money.

If someone would sell me their 4.0 for list then we wouldn't have this issue. Some of you sound like you want people to lose money!