991 GT3 Prices - 50 cars available!

[PorscheGT4]

RSVP911 said:

No leather on that one - worth less .

Either way Andrew , well done - when does the RS arrive ?
Just got back from Amsterdam & I saw one in LO - 1st .
"on the road" sighting for me - it has serious , serious presence and what a noise !!!

Edited by RSVP911 on Sunday 25th October 14:33

most seem to be no leather, most also seem to be chairs, not many have lift etc etc hence I said the lower spec cars are now £10k over priced and STUCK !!!

the white one for sale atrm has all of that and more at 135k from a dealer, it is was it is, no one can say anything else can they ?

you could say a car without lift is worthless when you look a the types of buyers who can afford a car like this most want lift.

[PorscheGT4]

Phooey said:

Not all 2yrs old? And, even at 2yrs old - with low-milage and 2-yrs warranty I don't think you can really call them 'used'.

And like I said - for the next year or 2 (till the gen2 comes out) they won't drop anymore. It's still a current model and you can't go into your OPC and order one. They were £20k underpriced at list.

well it's not new is it ?

a 2 year old car is a 2 year old car done and said all, no point looking at 488 values when they are not even out yet !

not sure now it's was £20k under priced either, it needs £15k options and the new next one will be the same sort of price, the price is what it is.

the point now is at £135k fully loaded it's worth dipping a toe if you want one, the crap spec ones will keep the nice ones at £135k for the time being.

[RSVP911]

PorscheGT4 said:

most seem to be no leather, most also seem to be chairs, not many have lift etc etc hence I said the lower spec cars are now £10k over priced and STUCK !!!

the white one for sale atrm has all of that and more at 135k from a dealer, it is was it is, no one can say anything else can they ?

you could say a car without lift is worthless when you look a the types of buyers who can afford a car like this most want lift.

Top top - IMHO - if you get one : horrid without leather , lift isn't needed unless you have to always navigate something where it is - like a steep drive - but not needed for speed bumps / normal use (new splitters are only £130 if you need to replace) Buckets are awesome - really comfy and really special - hope you find one soon

[PorscheGT4]

RSVP911 said:

Top top - IMHO - if you get one : horrid without leather , lift isn't needed unless you have to always navigate something where it is - like a steep drive - but not needed for speed bumps / normal use (new splitters are only £130 if you need to replace) Buckets are awesome - really comfy and really special - hope you find one soon

I think my GT4 will be staying for the time being, more fun than the GT3 and I would rather a 991 Tubro S for 15k less atm as a daily over the GT3.

Great car the 991 GT3 though. But never say never :-) I agree on leather and while 90% of GT4 owner seem to have speced full leather, not many GT3 owners did or buckets, shows where the buyers are from imo to spec chairs ! I'll never get the chair thing in GT cars

[HollywoodStig]

PorscheGT4 said:

RSVP911 said:

Top top - IMHO - if you get one : horrid without leather , lift isn't needed unless you have to always navigate something where it is - like a steep drive - but not needed for speed bumps / normal use (new splitters are only £130 if you need to replace) Buckets are awesome - really comfy and really special - hope you find one soon

I think my GT4 will be staying for the time being, more fun than the GT3 and I would rather a 991 Tubro S for 15k less atm as a daily over the GT3.

Great car the 991 GT3 though. But never say never :-) I agree on leather and while 90% of GT4 owner seem to have speced full leather, not many GT3 owners did or buckets, shows where the buyers are from imo to spec chairs ! I'll never get the chair thing in GT cars

Have you got your GT4 yet - stick some pics up!

[RSVP911]

PorscheGT4 said:

I think my GT4 will be staying for the time being, more fun than the GT3 and I would rather a 991 Tubro S for 15k less atm as a daily over the GT3.

Great car the 991 GT3 though. But never say never :-) I agree on leather and while 90% of GT4 owner seem to have speced full leather, not many GT3 owners did or buckets, shows where the buyers are from imo to spec chairs ! I'll never get the chair thing in GT cars

Agree on the spec comment - it amazed me how many didn't have the "right" seats. Listen , I know it's none of my business , but I've driven the 3 extensively and also I have had a small amount of time in a Turbo S - there is NO , just NO competition there - the S is boring in comparison and the 3 is absolutely perfect as a daily - no problems there what so ever ! But hey , it's your money - none of my business

[av185]

PorscheGT4 said:

you could say a car without lift is worthless when you look a the types of buyers who can afford a car like this most want lift.

Be interesting to see how restricted your use of the GT4 will be bearing in mind the absence of lift available and same restricted clearance as the GT3.......I use the lift on mine constantly just during general driving and not many speed bumps around me either....

[robgt3]

Sold our GT3 back in July. Comfort spec, no leather in fact only £5K of options; 5,500 miles mucho stone chips, worn tyres plus a dent on one arch. Very happy with the price it was sold for. I had become a bit jittery at so many coming onto the market and did not wish to still own it by the time the RS arrived. To be honest I now question my decision as our November build has now been delayed somewhat. Last time I looked there were only 10 for sale some of which I was not familiar with.

[terryb]

Portsmouth OPC sold their fairly average spec comfort GT3 (with only 1500 miles) for over £150k within the last month. It had lift and leather - seems some cars will still make the money

[throt]

""right seats"". 991 GT3 has PDK, remember. Different buyer now guys, myself an example. RS, yes, that has to have buckets though, with the cage.

All these cars will loose a few quid due to winter too.

[sidicks]

av185 said:

Be interesting to see how restricted your use of the GT4 will be bearing in mind the absence of lift available and same restricted clearance as the GT3.......I use the lift on mine constantly just during general driving and not many speed bumps around me either....

Interesting - I use the lift to get onto and off my driveway but find I rarely need it at other times. Having said that I couldn't survive without it!

[chappardababbar]

Planning ahead for GT3 ownership at some point over the next couple of years and would like to have my own view on what's happening with prices.

If I understand correctly, base price gen 1 is £100k (can't tell because car seems to have been removed from porsche website, basing it on reviews from launch date)

If that's the case, what is going on with this car, for example?:

http://www.pistonheads.com/classifieds/used-cars/p...

£160k+ does that mean it has 60k of options or is there a premium. If so, what is the average premium?

Secondly, and I'm sure this has been discussed at some point of the course of this thread, but what is likely to happen when the new GT3 is announced in the next 12-18 months.

New car has been confirmed as N/A and manual. Will likely improve on the GT3 in all areas.

So...if current car is £100k base + options, new car will likely be a small increase over this

So then you have a better car, available new with warranty for, say, £120k vs £160 for the old model.

So I assume the old model will drop in value significantly, and new model will trade at a premium. As an example with no basis, £120k for Gen 1, £160k for Gen 2 let's say

Plus, factor that because new car is manual, 997 GT3 owners will upgrade, 991 GT3 owners will upgrade, people on the fence because of manual will buy, etc. Result is large demand for gen II and large number of older models on the market, plus a large number of ALL generations in circulation

So it seems to me that if you were looking to buy a 991 model GT3, at this point it would actually be more cost effective to try to get a build slot for the gen II if you are prepared to wait

Will be keeping an eye on Gen I prices over the next year or so

[tuffer]

^^^ How many new 911's have you owned? This may have an impact on your ability to get on the list to purchase a new Gen 2 GT3 hence may limit your choices. As for the rest of it, who knows, a crystal ball may help.

[sidicks]

chappardababbar said:

Planning ahead for GT3 ownership at some point over the next couple of years and would like to have my own view on what's happening with prices.

If I understand correctly, base price gen 1 is £100k (can't tell because car seems to have been removed from porsche website, basing it on reviews from launch date)

Around £105k IIRC.

chappardababbar said:

If that's the case, what is going on with this car, for example?:

http://www.pistonheads.com/classifieds/used-cars/p...

£160k+ does that mean it has 60k of options or is there a premium. If so, what is the average premium?

Massive premium on this car, totally unjustified in my view, it's a £115k spec car, without some of the most attractive options - Bucket seats and PCCBs.
Low mileage, but a marmite colour (looks good, but i wouldn't want to own it).

I think that it should be a £130k car, or thereabouts.

chappardababbar said:

Secondly, and I'm sure this has been discussed at some point of the course of this thread, but what is likely to happen when the new GT3 is announced in the next 12-18 months.

See below.

chappardababbar said:

New car has been confirmed as N/A and manual. Will likely improve on the GT3 in all areas.

New car has NOT formally been confirmed yet, although it looks more and more likely.
Manual has not been confirmed, although the 'R' and the comments from AP suggest it is highly likely to be an option.

chappardababbar said:

So...if current car is £100k base + options, new car will likely be a small increase over this

As above, more like £105k for the old car, I reckon £115k for the new car.

chappardababbar said:

So then you have a better car, available new with warranty for, say, £120k vs £160 for the old model.

You are comparing an overpriced current car now, with a new version in 1-2 years' time. The similar spec new car will be £125k - £130k, I think.

Regardless, you are assuming you can get one of the 991.2 GT3s!

The whole issue is that demand will massively outstrip supply as always, and the list price is likely to be much lower than the market could bear.

Changes are likely to be minimal - facelift lights, 'R' engine, small interior (PCM) updates. The Gen 2 versions are always 'evolution' not 'revolution'.

chappardababbar said:

So I assume the old model will drop in value significantly, and new model will trade at a premium. As an example with no basis, £120k for Gen 1, £160k for Gen 2 let's say

The existence of a new model will have a small impact on the old model, but the quality of the car and the limited supply of cars will ensure values remain fairly strong.

The above car, which should be around £130k will be £100k when the new version comes out. Certainly you don't buy a gen 1 car now as an 'investment' at current (premium) prices, you buy it because it looks great, is great to drive, and because you can drive it now rather than have to wait for 12-18months for a gen 2 which might still not happen and when the chances of getting the new car are likely to be low.

chappardababbar said:

Plus, factor that because new car is manual, 997 GT3 owners will upgrade, 991 GT3 owners will upgrade, people on the fence because of manual will buy, etc. Result is large demand for gen II and large number of older models on the market, plus a large number of ALL generations in circulation

So it seems to me that if you were looking to buy a 991 model GT3, at this point it would actually be more cost effective to try to get a build slot for the gen II if you are prepared to wait

Will be keeping an eye on Gen I prices over the next year or so

Why buy a 991.2 GT3 when the new version will be just a further 2-3 years around the corner....

Edited by sidicks on Sunday 6th March 12:03

[911tj]

sidicks said:

chappardababbar said:

Planning ahead for GT3 ownership at some point over the next couple of years and would like to have my own view on what's happening with prices.

If I understand correctly, base price gen 1 is £100k (can't tell because car seems to have been removed from porsche website, basing it on reviews from launch date)

Around £105k IIRC.

chappardababbar said:

If that's the case, what is going on with this car, for example?:

http://www.pistonheads.com/classifieds/used-cars/p...

£160k+ does that mean it has 60k of options or is there a premium. If so, what is the average premium?

Massive premium on this car, totally unjustified in my view, it's a £115k spec car, without some of the most attractive options - Bucket seats and PCCBs.
Low mileage, but a marmite colour (looks good, but i wouldn't want to own it).

I think that it should be a £130k car, or thereabouts.

chappardababbar said:

Secondly, and I'm sure this has been discussed at some point of the course of this thread, but what is likely to happen when the new GT3 is announced in the next 12-18 months.

See below.

chappardababbar said:

New car has been confirmed as N/A and manual. Will likely improve on the GT3 in all areas.

New car has NOT formally been confirmed yet, although it looks more and more likely.
Manual has not been confirmed, although the 'R' and the comments from AP suggest it is highly likely to be an option.

chappardababbar said:

So...if current car is £100k base + options, new car will likely be a small increase over this

As above, more like £105k for the old car, I reckon £115k for the new car.

chappardababbar said:

So then you have a better car, available new with warranty for, say, £120k vs £160 for the old model.

You are comparing an overpriced current car now, with a new version in 1-2 years' time. The similar spec new car will be £125k - £130k, I think.

Regardless, you are assuming you can get one of the 991.2 GT3s!

The whole issue is that demand will massively outstrip supply as always, and the list price is likely to be much lower than the market could bear.

Changes are likely to be minimal - facelift lights, 'R' engine, small interior (PCM) updates. The Gen 2 versions are always 'evolution' not 'revolution'.

chappardababbar said:

So I assume the old model will drop in value significantly, and new model will trade at a premium. As an example with no basis, £120k for Gen 1, £160k for Gen 2 let's say

The existence of a new model will have a small impact on the old model, but the quality of the car and the limited supply of cars will ensure values remain fairly strong.

The above car, which should be around £130k will be £100k when the new version comes out. Certainly you don't buy a gen 1 car now as an 'investment' at current (premium) prices, you buy it because it looks great, is great to drive, and because you can drive it now rather than have to wait for 12-18months for a gen 2 which might still not happen and when the chances of getting the new car are likely to be low.

chappardababbar said:

Plus, factor that because new car is manual, 997 GT3 owners will upgrade, 991 GT3 owners will upgrade, people on the fence because of manual will buy, etc. Result is large demand for gen II and large number of older models on the market, plus a large number of ALL generations in circulation

So it seems to me that if you were looking to buy a 991 model GT3, at this point it would actually be more cost effective to try to get a build slot for the gen II if you are prepared to wait

Will be keeping an eye on Gen I prices over the next year or so

Why buy a 991.2 GT3 when the new version will be just a further 2-3 years around the corner....

Edited by sidicks on Sunday 6th March 12:03

Brilliant replies.......

[chappardababbar]

tuffer said:

^^^ How many new 911's have you owned? This may have an impact on your ability to get on the list to purchase a new Gen 2 GT3 hence may limit your choices. As for the rest of it, who knows, a crystal ball may help.

I just bought my first a few weeks back. Called OPC to put a deposit down but they said they have changed policy on GT cars, and cannot reserve anything until it has been announced officially

[chappardababbar]

sidicks said:

Why buy a 991.2 GT3 when the new version will be just a further 2-3 years around the corner....

Thank you for the replies and of course agree with you on this last point. I just don't like the idea of paying above list. 5-10k, ok, but this is crazy (to me). Clearly it's all supply and demand but I won't do it. Will be trying to get on the list for a new one, and also hoping for 991.1 to drop down in price

[sidicks]

chappardababbar said:

Thank you for the replies and of course agree with you on this last point. I just don't like the idea of paying above list.

That's understandable, but you need to decide whether the car is worth £x to you. Whether that £x is £10k above or £10k below the original list price is somewhat then academic.

chappardababbar said:

5-10k, ok, but this is crazy (to me).

As discussed, the price of the car you highlight does seem excessive - aren't there many others for sale - what is ti about this one that you like so much?

chappardababbar said:

Clearly it's all supply and demand but I won't do it. Will be trying to get on the list for a new one, and also hoping for 991.1 to drop down in price

As has already been highlighted - unless you have a strong reputation with your OPC, your chance of getting on the list for the Gen 2 car is extremely low, unless they massively increase the allocation given to GB.

Clearly the price of the generation cars will continue to fall, but you'll then simply be buying an older and higher mileage vehicle (and not having the pleasure of driving one in the meantime)...

[chappardababbar]

sidicks said:

you need to decide whether the car is worth £x to you. Whether that £x is £10k above or £10k below the original list price is somewhat then academic.

This, of course is the only way to think about it (or any purchase for that matter), particularly if likelihood of getting on the list for a new car is so improbable.

I'm not looking at any car at the moment, I just picked the yellow one at random.

Thanks again

[hunter 66]

I have a hunch that the GT3.2 allocation to the UK will be significantly more than the initial which will be nice