991 GT3 Prices - 50 cars available!

991 GT3 Prices - 50 cars available!

Author
Discussion

ThirtySomething

Original Poster:

172 posts

220 months

Friday 29th May 2015
quotequote all
drmark said:
ThirtySomething said:
Y E S ! Heard a chap on another forum who missed out initially got a call from his OPC this month saying they could now get him one to his own specification.

God knows what the total production numbers are but one thing is for sure, they are SIGNIFICANTLY higher than what everyone thought. It seems Porsche filled their pockets with the speculators and this is what is causing the supply on the 2nd hand market.
Are you sure? "Hearing" a "chap" on "another forum" is very different from it being fact.
I am not a member of that forum, its on an invite only forum, PureGT. I have seen the post though via a friend, and it seems very real. If it is not real, I am sure PureGT members who are on PH will confirm if I am talking bks.


ThirtySomething

Original Poster:

172 posts

220 months

Friday 29th May 2015
quotequote all
GT4RS said:
Are we saying 911 GT3 cars can still be bought new in the UK?
Not exactly, I am saying that production seems not to have ceased, but this could be just filling up existing orders.

Fl0pp3r

859 posts

203 months

Friday 29th May 2015
quotequote all
PorscheGT4 said:
always has been for GT3

a few come up for sale Jan onwards and you can always buy till about May, then it's normally none for sale in the summer, then a few start to come up end Sept, hence a lot have 7 or 8 owners,
GT3 is VERY seasonal I have been following these for about 10 years. 996 have calmed down sale wise as more and more find long term owners, and this year people are cashing in on the big prices esp 997 owners, 997.2 cars have always been rare to buy at any point but very few for sale now and imo the car to have out of them all looking at prices and age.
+1 - if you talk to most Porsche Indy's, they'll tell you this has traditionally been the case.

Looks like this year is a little different tho'!

LaSource

2,622 posts

208 months

Friday 29th May 2015
quotequote all
Fl0pp3r said:
PorscheGT4 said:
always has been for GT3

a few come up for sale Jan onwards and you can always buy till about May, then it's normally none for sale in the summer, then a few start to come up end Sept, hence a lot have 7 or 8 owners,
GT3 is VERY seasonal I have been following these for about 10 years. 996 have calmed down sale wise as more and more find long term owners, and this year people are cashing in on the big prices esp 997 owners, 997.2 cars have always been rare to buy at any point but very few for sale now and imo the car to have out of them all looking at prices and age.
+1 - if you talk to most Porsche Indy's, they'll tell you this has traditionally been the case.

Looks like this year is a little different tho'!
Traditionally the market for the previous gen GT3s was very seasonal as mentioned by MrGT4...however, for the last 1.5-2 years it has stopped being as seasonal...I think because traditionally it was dominated by the summer tracker/driver buyer....whereas recently the supply has dried up and there are probably more investor/shrewd/driver buyers, and if you are parking good money in something you also enjoy then the seasons are less relevant.

ThirtySomething

Original Poster:

172 posts

220 months

Friday 29th May 2015
quotequote all
LaSource said:
Fl0pp3r said:
PorscheGT4 said:
always has been for GT3

a few come up for sale Jan onwards and you can always buy till about May, then it's normally none for sale in the summer, then a few start to come up end Sept, hence a lot have 7 or 8 owners,
GT3 is VERY seasonal I have been following these for about 10 years. 996 have calmed down sale wise as more and more find long term owners, and this year people are cashing in on the big prices esp 997 owners, 997.2 cars have always been rare to buy at any point but very few for sale now and imo the car to have out of them all looking at prices and age.
+1 - if you talk to most Porsche Indy's, they'll tell you this has traditionally been the case.

Looks like this year is a little different tho'!
Traditionally the market for the previous gen GT3s was very seasonal as mentioned by MrGT4...however, for the last 1.5-2 years it has stopped being as seasonal...I think because traditionally it was dominated by the summer tracker/driver buyer....whereas recently the supply has dried up and there are probably more investor/shrewd/driver buyers, and if you are parking good money in something you also enjoy then the seasons are less relevant.
Well, that is my point. We are technically in the height of season, summer, when these cars are supposed to be most in demand. 50+ cars!!! need to be absorbed by the market. If they are still here by the end of summer, then you will see GT3 prices taking a bath, and this as others here have stated, will impact across all variants of GT3/RS. How many people here will want to hold depreciating assets?





Edited by ThirtySomething on Friday 29th May 21:39

Mario149

7,754 posts

178 months

Friday 29th May 2015
quotequote all
For clarity and posterity, we've established that volume of sales is (or at least used to be) seasonal for GT3s, but not price.

Fl0pp3r

859 posts

203 months

Friday 29th May 2015
quotequote all
Affirmative!

Correction is certainly coming on GT3 values across the board, but we are not talking about a crash here, and it will be model dependent. As another person has pointed out - manual gearbox/metzger/hydraulic steer/limited number on the 6's & 7's argues in favour of them remaining relatively solid imho. 991 GT3 has no such protection and current hyped/exaggerated values will certainly tumble, albeit perhaps not below list for a while yet.

GT4RS

4,424 posts

197 months

Friday 29th May 2015
quotequote all
The truth of the matter is no matter if its a 996 997 or 991 gt3 they will all be taking a bath pretty soon!

isaldiri

18,572 posts

168 months

Friday 29th May 2015
quotequote all
Good, if only to stop the agonizing and hand wringing from people wanting to buy and thinking they are overpriced and owners from obsessing about values and just getting back to driving the damn things.

GT4RS

4,424 posts

197 months

Friday 29th May 2015
quotequote all
isaldiri said:
Good, if only to stop the agonizing and hand wringing from people wanting to buy and thinking they are overpriced and owners from obsessing about values and just getting back to driving the damn things.
Never a truer word said

V8KSN

4,711 posts

184 months

Friday 29th May 2015
quotequote all
Fl0pp3r said:
As another person has pointed out - manual gearbox/metzger/hydraulic steer/limited number on the 6's & 7's argues in favour of them remaining relatively solid imho. 991 GT3 has no such protection and current hyped/exaggerated values will certainly tumble, albeit perhaps not below list for a while yet.
Agreed! The 991 GT3 will never go below list price i reckon and the 997 GT3 will always be coveted due to the manual gearbox and Mezger engine.

GT4RS said:
The truth of the matter is no matter if its a 996 997 or 991 gt3 they will all be taking a bath pretty soon!
I think the only 'truth' here is the fact you want a GT3 so badly your balls ache and every single post of yours supports that fact. Talk them down all you want but please just, for once, say "I WANT the prices to fall as I would like to buy one and I am not willing to pay the current prices being asked for one so I will talk them down and hope I manage to influence the price"

isaldiri said:
Good, if only to stop the agonizing and hand wringing from people wanting to buy and thinking they are overpriced and owners from obsessing about values and just getting back to driving the damn things.
Here here! biggrin

Just grab the keys, take them out and spank them, they love it!
Everyone who likes 911's should have the opportunity to own one, even mr GT4RS thumbup

They are not for everyone (ask mrdemon) but to some they are everything! driving

Fl0pp3r

859 posts

203 months

Friday 29th May 2015
quotequote all
GT4RS said:
The truth of the matter is no matter if its a 996 997 or 991 gt3 they will all be taking a bath pretty soon!
As i say, doubt the 'bath' you suggest will materialise, more of a sensible correction if anything. But lets wait and see :-)

GT4RS

4,424 posts

197 months

Friday 29th May 2015
quotequote all
V8KSN said:
Fl0pp3r said:
As another person has pointed out - manual gearbox/metzger/hydraulic steer/limited number on the 6's & 7's argues in favour of them remaining relatively solid imho. 991 GT3 has no such protection and current hyped/exaggerated values will certainly tumble, albeit perhaps not below list for a while yet.
Agreed! The 991 GT3 will never go below list price i reckon and the 997 GT3 will always be coveted due to the manual gearbox and Mezger engine.

GT4RS said:
The truth of the matter is no matter if its a 996 997 or 991 gt3 they will all be taking a bath pretty soon!
I think the only 'truth' here is the fact you want a GT3 so badly your balls ache and every single post of yours supports that fact. Talk them down all you want but please just, for once, say "I WANT the prices to fall as I would like to buy one and I am not willing to pay the current prices being asked for one so I will talk them down and hope I manage to influence the price"

isaldiri said:
Good, if only to stop the agonizing and hand wringing from people wanting to buy and thinking they are overpriced and owners from obsessing about values and just getting back to driving the damn things.
Here here! biggrin

Just grab the keys, take them out and spank them, they love it!
Everyone who likes 911's should have the opportunity to own one, even mr GT4RS thumbup

They are not for everyone (ask mrdemon) but to some they are everything! driving

This is coming from the man selling a 997 gt3,

Of cause the they will be coveted due to the manual gearbox and mezger engine, more like your bailing just before the price correction!

isaldiri

18,572 posts

168 months

Friday 29th May 2015
quotequote all
V8KSN said:
Just grab the keys, take them out and spank them, they love it!
thumbup


V8KSN

4,711 posts

184 months

Friday 29th May 2015
quotequote all
GT4RS said:

This is coming from the man selling a 997 gt3,

Of cause the they will be coveted due to the manual gearbox and mezger engine, more like your bailing just before the price correction!
I am NOT selling mine, I had a few offers VERY near to my asking price but there is nothing out there I want to move to so I withdrew the advert a while back.

Thought about getting an R8 V10 but I drove one and didn't like it.

RSVP911

8,192 posts

133 months

Friday 29th May 2015
quotequote all

isaldiri said:
Good, if only to stop the agonizing and hand wringing from people wanting to buy and thinking they are overpriced and owners from obsessing about values and just getting back to driving the damn things.
+1 !!!

pete a

3,799 posts

184 months

Friday 29th May 2015
quotequote all
V8KSN said:
Fl0pp3r said:
GT4RS said:
The truth of the matter is no matter if its a 996 997 or 991 gt3 they will all be taking a bath pretty soon!
I think the only 'truth' here is the fact you want a GT3 so badly your balls ache and every single post of yours supports that fact. Talk them down all you want but please just, for once, say "I WANT the prices to fall as I would like to buy one and I am not willing to pay the current prices being asked for one so I will talk them down and hope I manage to influence the price"


Thats the truth.....


I don't really care if they go down, I paid less than 60k for my mint 997 so I'm hardly about to take a fking bath as you put it.

In the mean time you keep telling everyone that they will be cheap enough for you to buy one soon, I'm off to the Alps in mine.

Peace all


RSVP911

8,192 posts

133 months

Friday 29th May 2015
quotequote all


I think the only 'truth' here is the fact you want a GT3 so badly your balls ache and every single post of yours supports that fact. Talk them down all you want but please just, for once, say "I WANT the prices to fall as I would like to buy one and I am not willing to pay the current prices being asked for one so I will talk them down and hope I manage to influence the price"



Couldn't agree more !!

GT4RS

4,424 posts

197 months

Friday 29th May 2015
quotequote all
Pete I said they will be taking a bath, not fking taking a bath as you so kindly put it!

Enjoy your time in the Alps

GT4RS

4,424 posts

197 months

Friday 29th May 2015
quotequote all
RSVP911 said:
I think the only 'truth' here is the fact you want a GT3 so badly your balls ache and every single post of yours supports that fact. Talk them down all you want but please just, for once, say "I WANT the prices to fall as I would like to buy one and I am not willing to pay the current prices being asked for one so I will talk them down and hope I manage to influence the price"



Couldn't agree more !!
The gt3 market will not be corrected by my comments on a forum!