991 GT3 Prices - 50 cars available!
Discussion
Tony 1234 said:
This is the trouble with Porsche dealers, they only sell the 'halo' cars to speculators and their palls who want to make a fast £, and not to enthusiasts like myself who would keep the car for a few years!!!!!!!!!!!
Let's not get carried away. A colleague was lucky enough to get allocated a 991 GT3 slot last August - his first ever Porche. And I should be in line for a GT4. You need to be in the right place at the right time for these cars.
m33ufo said:
A colleague was lucky enough to get allocated a 991 GT3 slot last August - his first ever Porche. And I should be in line for a GT4. You need to be in the right place at the right time for these cars.
This ^& if you already have nice cars, you stand a good chance of securing a car. The total market ,sans speculators , is not that big - prior versions tell you that. And it is a competitive market.
Further Porsche will make more cars available for the UK market if deemed necessary.
We had far more than 132 GT3's, more RS's than rumoured initially and the same with GT4's.
Build a good relation with your dealer .
m33ufo said:
Let's not get carried away.
A colleague was lucky enough to get allocated a 991 GT3 slot last August - his first ever Porche. And I should be in line for a GT4. You need to be in the right place at the right time for these cars.
Agree. And while I would love to see more air leak out of the price bubble (so the cars are more affordable for most of us who don't have unlimited funds) I would get no pleasure if the bottom fell out of this, or any other market. No one likes speculators rigging a market but don't forget lot of PHers have their hard earned in their car A colleague was lucky enough to get allocated a 991 GT3 slot last August - his first ever Porche. And I should be in line for a GT4. You need to be in the right place at the right time for these cars.
It will certainly be interesting to see what the first 'second hand' 991 GT3 RS sell for and the relative supply of these. The level of the initial premium could well have a bearing on GT3 prices as the 'next best thing'. So would the RS at a not unreasonable say c £200k-£220k (comparing to the Speciale) make the GT3 seem expensive at say c £150k-£165k. Probably not.
Meantime the 'next best thing' pricewise to the 991 GT3...... the 997 GT3, Cayman GT4 and to a lesser extent the 991 GTS all at c £100k are likely to prevent the 991 GT3 from slipping to levels predicted by (and hoped for) by some.
Meantime the 'next best thing' pricewise to the 991 GT3...... the 997 GT3, Cayman GT4 and to a lesser extent the 991 GTS all at c £100k are likely to prevent the 991 GT3 from slipping to levels predicted by (and hoped for) by some.
Mermaid said:
This ^
& if you already have nice cars, you stand a good chance of securing a car. The total market ,sans speculators , is not that big - prior versions tell you that. And it is a competitive market.
Further Porsche will make more cars available for the UK market if deemed necessary.
We had far more than 132 GT3's, more RS's than rumoured initially and the same with GT4's.
Build a good relation with your dealer .
^this& if you already have nice cars, you stand a good chance of securing a car. The total market ,sans speculators , is not that big - prior versions tell you that. And it is a competitive market.
Further Porsche will make more cars available for the UK market if deemed necessary.
We had far more than 132 GT3's, more RS's than rumoured initially and the same with GT4's.
Build a good relation with your dealer .
Seems there are around 300 991 Gt3 in the UK.
I don't buy the argument that the RS will drag the 991 up when it arrives. We already know it's coming. We already know it's limited in numbers. We already know it's going to be spectacular, so we already know the 991 is the next best thing. I and a lot of others already know the premium that the RS is changing hands for. Who's suddenly going to rush for a 991 Gt3 on the back of a review of the RS? There was so much hype surrounding the arrival of the 991 GT3 pretty much everyone who wanted one has now either got one or had one. We were told it was seven times over-sold about a year ago, where have all those people gone?
Edited by DT398 on Sunday 17th May 11:57
DT398 said:
Mermaid said:
This ^
& if you already have nice cars, you stand a good chance of securing a car. The total market ,sans speculators , is not that big - prior versions tell you that. And it is a competitive market.
Further Porsche will make more cars available for the UK market if deemed necessary.
We had far more than 132 GT3's, more RS's than rumoured initially and the same with GT4's.
Build a good relation with your dealer .
^this& if you already have nice cars, you stand a good chance of securing a car. The total market ,sans speculators , is not that big - prior versions tell you that. And it is a competitive market.
Further Porsche will make more cars available for the UK market if deemed necessary.
We had far more than 132 GT3's, more RS's than rumoured initially and the same with GT4's.
Build a good relation with your dealer .
Seems there are around 300 991 Gt3 in the UK.
I don't buy the argument that the RS will drag the 991 up when it arrives. We already know it's coming. We already know it's limited in numbers. We already know it's going to be spectacular, so we already know the 991 is the next best thing. I and a lot of others already know the premium that the RS is changing hands for. Who's suddenly going to rush for a 991 Gt3 on the back of a review of the RS? There was so much hype surrounding the arrival of the 991 GT3 pretty much everyone who wanted one has now either got one or had one. We were told it was seven times over-sold about a year ago, where have all those people gone?
In addition, how many speculators are in for the 991 RS? 918 owners who got first digs? OPC friends ? New owners to the marque who have seen prices go stratospheric ? I have no doubt the first cars will go for a premium on the open market, but that premium I think will be lower than people think, and the premium will diminish very quickly as more come to the market, and Porsche are going to produce these in much bigger numbers than first indicated.
DT398 said:
^this
Seems there are around 300 991 Gt3 in the UK.
I don't buy the argument that the RS will drag the 991 up when it arrives. We already know it's coming. We already know it's limited in numbers. We already know it's going to be spectacular, so we already know the 991 is the next best thing. I and a lot of others already know the premium that the RS is changing hands for. Who's suddenly going to rush for a 991 Gt3 on the back of a review of the RS? There was so much hype surrounding the arrival of the 991 GT3 pretty much everyone who wanted one has now either got one or had one. We were told it was seven times over-sold about a year ago, where have all those people gone?
We all know a lot of people bought the 991 gt3 to make a quick buck, these people are now selling up hence the high volume of cars currently for sale. The average person who walks into a Porsche showroom looking for a 911 does not a go a buy a gt3. My guess is we will see more cars come to the market place now the prices are starting to creep down.
Seems there are around 300 991 Gt3 in the UK.
I don't buy the argument that the RS will drag the 991 up when it arrives. We already know it's coming. We already know it's limited in numbers. We already know it's going to be spectacular, so we already know the 991 is the next best thing. I and a lot of others already know the premium that the RS is changing hands for. Who's suddenly going to rush for a 991 Gt3 on the back of a review of the RS? There was so much hype surrounding the arrival of the 991 GT3 pretty much everyone who wanted one has now either got one or had one. We were told it was seven times over-sold about a year ago, where have all those people gone?
We all know a lot of people bought the 991 gt3 to make a quick buck, these people are now selling up hence the high volume of cars currently for sale. The average person who walks into a Porsche showroom looking for a 911 does not a go a buy a gt3. My guess is we will see more cars come to the market place now the prices are starting to creep down.
Edited by DT398 on Sunday 17th May 11:57
av185 said:
It will certainly be interesting to see what the first 'second hand' 991 GT3 RS sell for and the relative supply of these. The level of the initial premium could well have a bearing on GT3 prices as the 'next best thing'. So would the RS at a not unreasonable say c £200k-£220k (comparing to the Speciale) make the GT3 seem expensive at say c £150k-£165k. Probably not.
Meantime the 'next best thing' pricewise to the 991 GT3...... the 997 GT3, Cayman GT4 and to a lesser extent the 991 GTS all at c £100k are likely to prevent the 991 GT3 from slipping to levels predicted by (and hoped for) by some.
Next best things ...Meantime the 'next best thing' pricewise to the 991 GT3...... the 997 GT3, Cayman GT4 and to a lesser extent the 991 GTS all at c £100k are likely to prevent the 991 GT3 from slipping to levels predicted by (and hoped for) by some.
LHD 991 GTs are £100k .... !
LHD Speciale are starting from £165k.
New slots appearing on the continent for LHD 991 RS at list!
New Baby McLaren due at £130k.
New Mercedes AMG GT circa £130k.
Rumoured GT4 RS ....
Ultimately, a lot of people were only buying 991 GT3s as prices were going up. It was a safe bet, with very limited downside. Due to demand, Porsche massively increased supply from 132 cars to near 300, and a lot of cars found homes at speculators. Now there is an oversupply of cars on the market as the speculators want out. Speculators can afford to sell all the way down to list, as they have not lost anything but their pride at that level. Further, I don't think the UK market is big enough to support these specialist cars and the new models arriving. At over £150k, these cars don't get driven in the way they were designed to, as proven by the mileages of most of the cars on offer.
ThirtySomething said:
Ultimately, a lot of people were only buying 991 GT3s as prices were going up. It was a safe bet, with very limited downside. Due to demand, Porsche massively increased supply from 132 cars to near 300, and a lot of cars found homes at speculators. Now there is an oversupply of cars on the market as the speculators want out. Speculators can afford to sell all the way down to list, as they have not lost anything but their pride at that level. Further, I don't think the UK market is big enough to support these specialist cars and the new models arriving. At over £150k, these cars don't get driven in the way they were designed to, as proven by the mileages of most of the cars on offer.
Excellent post - a good car to use, has been good for speculators so far. Back to reality soon.5517 said:
ThirtySomething said:
LHD Speciale are starting from £165k.
Link please.Thank you
ThirtySomething said:
av185 said:
It will certainly be interesting to see what the first 'second hand' 991 GT3 RS sell for and the relative supply of these. The level of the initial premium could well have a bearing on GT3 prices as the 'next best thing'. So would the RS at a not unreasonable say c £200k-£220k (comparing to the Speciale) make the GT3 seem expensive at say c £150k-£165k. Probably not.
Meantime the 'next best thing' pricewise to the 991 GT3...... the 997 GT3, Cayman GT4 and to a lesser extent the 991 GTS all at c £100k are likely to prevent the 991 GT3 from slipping to levels predicted by (and hoped for) by some.
Next best things ...Meantime the 'next best thing' pricewise to the 991 GT3...... the 997 GT3, Cayman GT4 and to a lesser extent the 991 GTS all at c £100k are likely to prevent the 991 GT3 from slipping to levels predicted by (and hoped for) by some.
LHD 991 GTs are £100k .... !
LHD Speciale are starting from £165k.
New slots appearing on the continent for LHD 991 RS at list!
New Baby McLaren due at £130k.
New Mercedes AMG GT circa £130k.
Rumoured GT4 RS ....
Ultimately, a lot of people were only buying 991 GT3s as prices were going up. It was a safe bet, with very limited downside. Due to demand, Porsche massively increased supply from 132 cars to near 300, and a lot of cars found homes at speculators. Now there is an oversupply of cars on the market as the speculators want out. Speculators can afford to sell all the way down to list, as they have not lost anything but their pride at that level. Further, I don't think the UK market is big enough to support these specialist cars and the new models arriving. At over £150k, these cars don't get driven in the way they were designed to, as proven by the mileages of most of the cars on offer.
Fair enough quoting prices of LHD cars......but at the risk of stating the obvious......LHD ain't RHD and don't suit the majority in this market.
Yes theres will be a new Mclaren yes theres a new Merc.......but will/do these cars really offer a realistic alternative to the GT3/more attractive place to park your hard earned..... having regard to the usual horrific depreciation likely.
As for the GT4 RS.....probably as unlikely as the GT4 PDK.... unfortunately!
I reckon a lot of the cars for sale at OPCs are on sale or return with people that have an RS coming and they thought they'd cash in to get their RS for free. Most will have other cars to cover the few months gap. Makes sense and I would do it too if I had one coming. The alternative is a trade in bid at list when the RS finally arrives. Also, maybe a few that have taken a shot at a 458 with maybe only a £30k trade up. Of course, the problem comes when 30 owners all do it at the same time and ther'e's no demand (at the asking prices).
mischaRS said:
Anyone who buys a 991 GT3 RHD at over 110K must be terminally stupid................ really really stupid. LHD in the long term will sell much easier
Not everyone who pays over the odds is stupid - far from it. Some do so because they can, and don't have to worry too much about re-sale. Terminally stupid people - as you describe them - are rarely in such a fortunate position. But I agree the GT3 market is softening fast and if you are in no hurry for one why rush in...
sidicks said:
mischaRS said:
Anyone who buys a 991 GT3 RHD at over 110K must be terminally stupid................ really really stupid.
Why?How much over / under list price is appropriate?
mischaRS said:
LHD in the long term will sell much easier
In what possible world would that be the case?ThirtySomething said:
Across Pistonheads, OPC website and A***trader, excluding duplicates and wanted adverts, we now have 50 (yes, F I F T Y) cars available.
Cheapest car now at 145k with 2000 miles, 1 owner.
Can anyone recall any other Porsche model or even any other marque where there has been this magnitude of supply of a limited edition run car?
Is this the beginning of the end of the new Porsche car speculator? GT4s / 991 RS ?
The 997 gt3 is catching up the 991 gt3, more than 30 for sale on piston heads.Cheapest car now at 145k with 2000 miles, 1 owner.
Can anyone recall any other Porsche model or even any other marque where there has been this magnitude of supply of a limited edition run car?
Is this the beginning of the end of the new Porsche car speculator? GT4s / 991 RS ?
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