991 GT3 Prices

Author
Discussion

DaveDalgarn

Original Poster:

21 posts

180 months

Wednesday 3rd February 2016
quotequote all
The 991 GT3 prices seem to have dropped dramatically over the last few months, do you think this is down to the gt4 and gt3rs coming to the market or just a correction in prices? Do you think they will drop much more in the next 6 months? Maybe time to cash in on the gt4 and wait for gt3 prices to drop

sidicks

25,218 posts

220 months

Wednesday 3rd February 2016
quotequote all
DaveDalgarn said:
The 991 GT3 prices seem to have dropped dramatically over the last few months, do you think this is down to the gt4 and gt3rs coming to the market or just a correction in prices? Do you think they will drop much more in the next 6 months? Maybe time to cash in on the gt4 and wait for gt3 prices to drop
Suspect it's partly due to cars coming into the market as owners trade in for the RS or the GT4 and partly due to the time of year. I think winter has always been a slow period for selling cars like the GT3 and things might pick up in March...

Porsche911R

21,146 posts

264 months

Wednesday 3rd February 2016
quotequote all
been dropping for 5 or 6 months and still dropping, loads for sale, not many nice spec ones mind you if you want leather and buckets.

Gen 2 GT3 more expensive than 991 GT3 now ! and the car on the up.

bigmowley

1,876 posts

175 months

Wednesday 3rd February 2016
quotequote all
Still above list though. Scarcely a crashsmile

Porsche911R

21,146 posts

264 months

Wednesday 3rd February 2016
quotequote all
bigmowley said:
Still above list though. Scarcely a crashsmile
depends if you paid £165k 5 months ago and now get a trade bid of £110k

that's quite a crash, but lets not split hairs over £55k or £11k a month :-)

on the other hand if you paid £110k new and got a £20k Porsche pay out and sold it two years later with 15k miles you did ok lol

Wilmslowboy

4,189 posts

205 months

Wednesday 3rd February 2016
quotequote all
bigmowley said:
Still above list though. Scarcely a crashsmile
This


I was torn between buying a £200k+ list 63 plate 12c or a £130k list 64 plate GT3 CS

Went for the 12c - it was cheaper biggrin

mark2604

61 posts

229 months

Wednesday 3rd February 2016
quotequote all
Not seen a 997 gen2 GT3 over £120k?



Porsche911R said:
been dropping for 5 or 6 months and still dropping, loads for sale, not many nice spec ones mind you if you want leather and buckets.

Gen 2 GT3 more expensive than 991 GT3 now ! and the car on the up.

Robbo66

3,828 posts

232 months

Wednesday 3rd February 2016
quotequote all
sidicks said:
I think winter has always been a slow period for selling cars like the GT3 and things might pick up in March...
That depends on the GT3 in question.

av185

18,433 posts

126 months

Wednesday 3rd February 2016
quotequote all
No evidence of major price changes since Autumn........unless anyone has actual evidence??

......JZM recently sold nice spec multi owned/flipped low mileage GT silver 14 64 plate clubsport ap £148k, similar 4.5 k miler in black up at £145k, just sold higher mileage white clubsport at ap £137k and a nice white 1k mile comfort at ap £137k.

OPC prices seem to have risen, though many clearly are SOR cars. Best value recently was white nice spec and mileage 64 clubsport at c £140k Leeds.

Usual story, right spec and mileage at right price e.g. above will sell quickly. Demand will doubtless pick up towards Spring....always does.

thumbup

sidicks

25,218 posts

220 months

Wednesday 3rd February 2016
quotequote all
Robbo66 said:
sidicks said:
I think winter has always been a slow period for selling cars like the GT3 and things might pick up in March...
That depends on the GT3 in question.
?

johne123

119 posts

160 months

Wednesday 3rd February 2016
quotequote all
dosent sound to me like the prices are dropping

Robbo66

3,828 posts

232 months

Wednesday 3rd February 2016
quotequote all
sidicks said:
Robbo66 said:
sidicks said:
I think winter has always been a slow period for selling cars like the GT3 and things might pick up in March...
That depends on the GT3 in question.
?
Good, right spec cars will sell whatever the season. I do however, feel that may be a significant correction coming for the 991RS.

sidicks

25,218 posts

220 months

Wednesday 3rd February 2016
quotequote all
Robbo66 said:
Good, right spec cars will sell whatever the season. I do however, feel that may be a significant correction coming for the 991RS.
Agreed - you've got to want to own the RS for a good number of years if you're paying £250k+ for it.

(but the same would apply to those paying £160k for the 991 GT3).

Robbo66

3,828 posts

232 months

Wednesday 3rd February 2016
quotequote all
sidicks said:
Robbo66 said:
Good, right spec cars will sell whatever the season. I do however, feel that may be a significant correction coming for the 991RS.
Agreed - you've got to want to own the RS for a good number of years if you're paying £250k+ for it.

(but the same would apply to those paying £160k for the 991 GT3).
I'm not so sure re the GT3. They are 95% of the RS unless at 10/10'ths and £100k cheaper.
More RS's due to come to market too. I think they may suggest at around £140 for a CS for a while. Fantastic car. I think the RS will soften as too expensive to track for the average Joe, and those with a massive collection have other toys and can be fickle. Then there are the flippers. New rules for the OPC's too re selling on.
Next 6 months will be more than interesting.

Porsche911R

21,146 posts

264 months

Wednesday 3rd February 2016
quotequote all
mark2604 said:
Not seen a 997 gen2 GT3 over £120k?
you don't look very hard do you ? POrsche only have 2 for sale £128k will buy you one if you wish.
And all the RS will all be £200k soon enough.

http://locator.porsche.com/ipl-customer/ipl/detail...


iantr

3,354 posts

238 months

Wednesday 3rd February 2016
quotequote all
Robbo66 said:
...Then there are the flippers. New rules for the OPC's too re selling on.
Next 6 months will be more than interesting.
Interesting. What are the new rules for OPC's?

Porsche911R

21,146 posts

264 months

Wednesday 3rd February 2016
quotequote all
av185 said:
No evidence of major price changes since Autumn........unless anyone has actual evidence??


thumbup
loads, only 3 months back none were under £140k

then last month none under £130k

now we have 5 or 6 under, it started with a higher miles one now there are 4 or 5 to choose from.

we are a long way from the £165k high days, people so scared to get in while prices drop, unless you make on selling something else and then it's a non issue another £10k drop when some have made 40 to £50k even £90k on a 997 Gt3 or £25 to £30k on a GT4.

then people say these cars are good value over list and 2 years old lol

roll on the next one that will cause a bit of a drop.

Edited by Porsche911R on Wednesday 3rd February 22:55

RSVP911

8,192 posts

132 months

Wednesday 3rd February 2016
quotequote all
Porsche911R said:
you don't look very hard do you ? POrsche only have 2 for sale £128k will buy you one if you wish.
And all the RS will all be £200k soon enough.

http://locator.porsche.com/ipl-customer/ipl/detail...
Welcome back - Re 991 RS : I don't think so ! loser

Porsche911R

21,146 posts

264 months

Wednesday 3rd February 2016
quotequote all
RSVP911 said:
Welcome back - Re 991 RS : I don't think so ! loser
AS I was talking gen 2 GT3 I should have said gen 2 RS :-p not 991, no idea what they will do, it takes a certain buyer to spunk 1/4 of a mil on a car £120k overs on day one.

Porsche911R

21,146 posts

264 months

Wednesday 3rd February 2016
quotequote all
sidicks said:
Are you looking to buy one? If not, why are you so obsessed with talking prices down?
I am just stating what prices are, nothing more, as many say, the market finds the price, not forum talk lol

owners do get defensive !