991 GT3 Prices - 50 cars available!
Discussion
V8KSN said:
ThirtySomething said:
Porsche felt they priced the car correctly. Remember, across the rest of the world, GT3s were not that hard to come by, so this is a UK phenomenon, which is unsustainable in long-term. Instead of Porsche increasing prices which is a more risky proposition to the brand and world-wide pricing structure, they have significantly increased supply to UK, so build numbers have gone from original touted 132 to 300+ (with some cars still being delivered). I expect Porsche will to respond also by significantly increasing both GT4 and RS numbers.
Is this true? I don't mean to suggest you are wrong, I am just trying to establish a correct figure for UK 991 GT3's.
As a side note, if the numbers have doubled is that because they have rebuilt the old engines and put them in new cars? TBH if I was Porsche and I was faced with swallowing the cost of all those busted engines OR rebuilding them and sticking them in new cars then I would do the latter.
1). If only 132 cars were produced, then we have 50 of them for sale now which is almost 40% of production - this suggests far more were built.
2). When Porsche recalled the cars, the production run was far from finished and many cars were unregistered anyway- which again suggests more were built.
3). The idea of re-registered cars was put out here by our resident price ramper(s).
Its not unreasonable to presume 991GT3s have sold at various levels down from the peak of 170k, as some owners will have simply accepted the depreciation curve. It is also a well known fact that some dealers will just post SOLD when in reality the car was never was sold, or sold anywhere near the asking price.
However, the fact that there remains still 50 or so cars means supply exceeds demand, and appetite to buy at these lofty overs is still not there.
TODAY, low spec cars should be 130k, and higher spec 140k. Couple of weeks from now, will be lower still.
The low mileage Racing Yellow Clubsport 'George Mackay' car, very high spec with lift + PCCB prob listed new near 125k. However, after a price cut to 139k a deposit has finally been taken. That is in my opinion a true indication of where we are now ... 130-140k.
However, the fact that there remains still 50 or so cars means supply exceeds demand, and appetite to buy at these lofty overs is still not there.
TODAY, low spec cars should be 130k, and higher spec 140k. Couple of weeks from now, will be lower still.
The low mileage Racing Yellow Clubsport 'George Mackay' car, very high spec with lift + PCCB prob listed new near 125k. However, after a price cut to 139k a deposit has finally been taken. That is in my opinion a true indication of where we are now ... 130-140k.
EvoBlade said:
Just to add some real world perspective. I just bought the red JZM car, my friend bought the yellow Scottish car and my other friend the Rhodium Silver DL car.
That's two CS and a comfort sold in 3 days, along with the JZM Agate car to another acquaintance last week.
They are selling, prices may be all over the place but the range is realistically 135 to 145 with extreme specs and low / high mileages pushing that to 130 to 150.
This period of availability will end, the next car will be turbo and the Rs will trade around 250k. The CS will be back up at the 170k soon enough but I expect comforts will sit around 140k.
My first pork
Congratulations on your purchase. That was a very good discount you got on the Red JZM car ! That's two CS and a comfort sold in 3 days, along with the JZM Agate car to another acquaintance last week.
They are selling, prices may be all over the place but the range is realistically 135 to 145 with extreme specs and low / high mileages pushing that to 130 to 150.
This period of availability will end, the next car will be turbo and the Rs will trade around 250k. The CS will be back up at the 170k soon enough but I expect comforts will sit around 140k.
My first pork
Edited by EvoBlade on Sunday 12th July 09:56
I do not however agree with you the period of availability will end. A lot of would be sellers have been holding back because of the physical amount of cars available, and also because dealers have all but shut their doors in wanting to take on stock, especially with their own capital. As I said, try and get a trade bid on your car. Further, when the RS and to some extent the GT4 deliveries start to take place, you will increasingly see further forced sellers.
The RS will not be trading around 250k. I know almost a dozen sellers who will be looking to flip their cars within the first 6 months. My friend two months ago had two cars offered to him for 35k over just after the launch. A couple of the independents that we have mentioned here have supplied RS at 50 over. Yes, I know some of you here will tell me that you are 80k bid (lol, Smart Suzy aka Apollo1). All I can say is look past the bulls
t.I doubt very much that this model 991 GT3 will ever see 170k again. It will be know for engine reliability and price manipulation. However, prices depreciation will naturally slow down as we get closer to list. The risks to this model are 991.2 GT3, increased supply of the RS models, and other manufacturers.
T
AndrewD said:
Congrats. Refreshing to see people just getting on with it. This thread is otherwise full of people who can't afford them trying to talk them down, otherwise why are we on page 27 talking about gt3 prices!
Because some owners keep coming back to this thread to talk them up! Good luck with your sale.av185 said:
mdianuk said:
av185 said:
Meantime, back in the real world, further proof that these cars are selling.....
Called in OPC Leeds today. White comfort reasonable spec red stitched car sold...... £156k sticker price removed.
At what price though? Reckon it will be significantly less than £156k as owners realise they won't shift and are just looking for a way out with a small profit...after all, they've not bought these cars to enjoy them, just flip!Called in OPC Leeds today. White comfort reasonable spec red stitched car sold...... £156k sticker price removed.
t. True facts, lol, let people make up their own minds.Anyway, interesting to hear that on other threads that there continues to be reports of engine troubles. 8 engines replacements on one car alone! On the German threads there seems considerable worry about the reliability of the 991 engine, especially on the track.
How many here will want to own one when the warranty expires ?? As I said, this car will only be remembered for engine issues and price manipulation.
Jim1556 said:
ThirtySomething said:
I think considering where JZM is offering his white comfort at 136k, most people can smell the bullst. True facts, lol, let people make up their own minds.
Anyway, interesting to hear that on other threads that there continues to be reports of engine troubles. 8 engines replacements on one car alone! On the German threads there seems considerable worry about the reliability of the 991 engine, especially on the track.
How many here will want to own one when the warranty expires ?? As I said, this car will only be remembered for engine issues and price manipulation.
Just to clarify, it was 8 engines over their fleet of RENTAL 991 GT3s.t. True facts, lol, let people make up their own minds.Anyway, interesting to hear that on other threads that there continues to be reports of engine troubles. 8 engines replacements on one car alone! On the German threads there seems considerable worry about the reliability of the 991 engine, especially on the track.
How many here will want to own one when the warranty expires ?? As I said, this car will only be remembered for engine issues and price manipulation.
Cause wasn't mentioned. These cars are obviously driven hard by people who may not care about leathering them from cold.
The interesting point is that he said over the years of having 997 GT3s, they only ever had 1 issue.
Although Apolo hasn't heard about it, so it can't be true...
Jim1556 said:
So he's heard about it, but not willing to divulge?
To be fair, it's not the fact they've had failures, Porsche have changed them under warranty (which is good of them), if a company looks after their customer, what's wrong with letting people know?
eg, "My engine let go, Porsche changed it - result!"
Well, these engine issues are going to plague the 991. Personally I would be very uncomfortable owning one once the warranty expires.To be fair, it's not the fact they've had failures, Porsche have changed them under warranty (which is good of them), if a company looks after their customer, what's wrong with letting people know?
eg, "My engine let go, Porsche changed it - result!"
Here is a recent article ....
AndrewD said:
It's not plaguing anybody except people on Internet forums at half past midnight who are not in the market for a car in any case, yes?
Half past midnight? 
Are you making this up again?Considering I am in the States at the moment, it was 7:30 pm Eastern Time when I posted.
GT4RS said:
What did shock me was Porsches guaranteed future value after 4 years of only £41k. I was expecting this to be a lot higher.
Definitely wrong to me, £41k. Absolutely no fEdited by GT4RS on Friday 17th July 20:22
king way!! I mean OPC should know better than that. They know it should in fact be a lot lower now that Mr Preuninger has suggested re-introduction of the manual box and keeping NA engines for next GT3.
1olopA
av185 said:
For a number of reasons a Cayman clearly has a far lower 'ceiling price' relative to a 911......especially an RS.
OPCs were predicting RS at £250k + a year ago so £300k AP not unreasonable bearing in mind how talented the car is and having regard to Speciale premiums.
Are you Apolo1's brother ?OPCs were predicting RS at £250k + a year ago so £300k AP not unreasonable bearing in mind how talented the car is and having regard to Speciale premiums.
Patent said:
ThirtySomething said:
He sounds like he is Russell Brand, trying to create a one-man revolution
Truly pathetic isn't it?Anyway, clearly your going to get quite vocal and sometimes hostile and non-sensical responses to this thread from many owners. The market will dictate prices. Currently supply exceeds demand, and with a number of dealers with burnt fingers, trade bids are well below average asking prices. We are already half way through summer, let's see where prices are in Sep/Oct .... That will be interesting !!!
av185 said:
Interesting......a fairly late lowish spec non leather 5k miles car entered by the UKs largest trade car buyer.
Car is Grade 4....poor overall condition badly stone chipped numerous panels with poor quality previous repairs to front and rear. Looks like its been round the houses a touch....
The 'potential punters'
will hate this no doubt, but the car CAP books at £124k and with 911s getting between 2k to 3k over book of late............
so Russell, do you believe in CAP values then? Car is Grade 4....poor overall condition badly stone chipped numerous panels with poor quality previous repairs to front and rear. Looks like its been round the houses a touch....
The 'potential punters'
will hate this no doubt, but the car CAP books at £124k and with 911s getting between 2k to 3k over book of late............GT4RS said:
This car could sell between 110k and 115k, be shocked if a dealer buys it.
Latest be honest it's been but up for auction due to the high number already for sale and these have sat unsold for months.
Could be a Px against a gt3rs that a opc wants to move quickly.
I would think some dealers would happily have a go at 110k, with a quick exit out at 119k. Would be one of the cheapest on sale then. Anything above 120k I would think would be a brave private buyer.Latest be honest it's been but up for auction due to the high number already for sale and these have sat unsold for months.
Could be a Px against a gt3rs that a opc wants to move quickly.
Anyway will be interesting to see, may not even reach reserve, but if sold to a dealer will be up pretty shortly in the classifieds.
Gassing Station | 911/Carrera GT | Top of Page | What's New | My Stuff