991 GT3 Prices - 50 cars available!

991 GT3 Prices - 50 cars available!

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GT4RS

4,429 posts

197 months

Sunday 5th July 2015
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PorscheGT4 said:
GT4RS said:
This ones just had 10k taken off it, was 149k in June !
That now still looks 7k over priced in today's market for its spec.

Really nice cars are £139k now so lower spec cars will just never sell even at that.

My perfect spec car is for sale, really nice spec and it's been drooped to £139k even thought about buying it, matters not if it drops 10k when I can make 15k on the Gt4

Very rare to see a car tick box for tick box how you want it, then I thought better lol just bored waiting for the Gt4.
Why buy a car today which will be £5k cheaper in a week ! Hence the issue ATM on these.
If the prices of these keep falling it will effect future gt4 values as well.

PorscheGT4

21,146 posts

265 months

Sunday 5th July 2015
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Even at £129k that's a long way from a nice spec GT4 price of £75k or the £10k the GT4 might get at £85k.

Mermaid

21,492 posts

171 months

Sunday 5th July 2015
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pete a said:
They are still dropping as you say but once they start selling they will stabilise, where do people feel this will be?

Also 997's and 996's seem stable and are selling at current prices, as the gap gets closer will more 997/996 owners jump up to the newer car.

If the gap ever hits 20-30k between a 997 and 991 it's got to be tempting to go for it.
Very close to list

Not many

I doubt it

Mermaid

21,492 posts

171 months

Sunday 5th July 2015
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PorscheGT4 said:
Even at £129k that's a long way from a nice spec GT4 price of £75k or the £10k the GT4 might get at £85k.

Different league, different target group

PorscheGT4

21,146 posts

265 months

Sunday 5th July 2015
quotequote all
pete a said:
What's the tipping point for you to say fk it I'm buying it.

They are still dropping as you say but once they start selling they will stabilise, where do people feel this will be?

Also 997's and 996's seem stable and are selling at current prices, as the gap gets closer will more 997/996 owners jump up to the newer car.

If the gap ever hits 20-30k between a 997 and 991 it's got to be tempting to go for it.
was close just to try it for 4 months, crazy I know as I would rather my GT4 to play with, but I have waited 2 years and just board !!!!
It was just the perfect spec I would buy, @ £129k I would have bought it, but like many it's just had a £10k drop this week.

That's was after going to see a 458 and thinking "st, these are still £150k for a nice one" and it would be 5 years old !

I just got carried away in the moment finding and seeing the perfect spec car by mistake as I was not looking for it.

It did make me think Porsche will not bring out a GT4 RS though, how could they and why would they ?

I just fancy some thing for 8 months with no money risk to play with, as I will store the GT4 till March 2016 any way.

GT4RS

4,429 posts

197 months

Sunday 5th July 2015
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Don't get me wrong the gt4 has been priced well new. I guess time will tell if it lives up to its price tag.

Could be a great entry level Porsche gt car in years to come.

Make sure you enjoy your new toy when it arrives, be sad to see 50 of these for sale on piston heads next summer.

Mermaid

21,492 posts

171 months

Sunday 5th July 2015
quotequote all
GT4RS said:
Don't get me wrong the gt4 has been priced well new. I guess time will tell if it lives up to its price tag.

Could be a great entry level Porsche gt car in years to come.

Make sure you enjoy your new toy when it arrives, be sad to see 50 of these for sale on piston heads next summer.
Porsche will produce at least as many GT4's as they are producing 991 GT3's. No reason to think same number will not come to the buoyant UK market.

Tere were predictions of just 70 or 991 RS's coming to the UK.... there will be twice as many I think.

GT4RS

4,429 posts

197 months

Sunday 5th July 2015
quotequote all
Mermaid said:
GT4RS said:
Don't get me wrong the gt4 has been priced well new. I guess time will tell if it lives up to its price tag.

Could be a great entry level Porsche gt car in years to come.

Make sure you enjoy your new toy when it arrives, be sad to see 50 of these for sale on piston heads next summer.
Porsche will produce at least as many GT4's as they are producing 991 GT3's. No reason to think same number will not come to the buoyant UK market.

Tere were predictions of just 70 or 991 RS's coming to the UK.... there will be twice as many I think.
Apologies I was trying to imply that I hope the people who will be buying these gt4 cars new direct from there local opc will be keeping them and making an effort to actual put some miles on them!

Mermaid

21,492 posts

171 months

Sunday 5th July 2015
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GT4RS said:
Apologies I was trying to imply that I hope the people who will be buying these gt4 cars new direct from there local opc will be keeping them and making an effort to actual put some miles on them!
I expect more will be on the road. smile Less meat (in £ terms) on this bone.


Mario149

7,758 posts

178 months

Sunday 5th July 2015
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pete a said:
If the gap ever hits 20-30k between a 997 and 991 it's got to be tempting to go for it.
True, I'd seriously consider it. But that said, I think long term there'll be more love and stronger residuals for 997 GT3s than 991s. And if many 997 GT3s are in the hands of people with one eye on holding on to them as driveable investments, it'll only increase values more. But we're talking 3+ years down the line here I think

GT3cs

1,200 posts

241 months

Sunday 5th July 2015
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mdianuk said:
Whilst I accept it is ultimately down to sellers and buyers, and Porsche (or any other manufacturer) don't fix prices, what they do seem to allow is for limited run cars to be consistently purchased by favoured buyers who in turn never take delivery, merely put the car back up for sale with delivery miles at the same OPC, benefiting the OPC greatly from effectively a double profit margin. This is a clear approach to maximise gains, taking advantage of their position and preventing genuine buyers from becoming enthusiasts from becoming owners and long term Porsche customers.
If that's the case why don't porsche just sell the cars for higher list price and therefore they maximise profit , rather than the OPC that apart from Reading have no connection to Porsches profit ?

ThirtySomething

Original Poster:

172 posts

220 months

Sunday 5th July 2015
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GT3cs said:
If that's the case why don't porsche just sell the cars for higher list price and therefore they maximise profit , rather than the OPC that apart from Reading have no connection to Porsches profit ?
Porsche dealers are only allowed to sell new cars at list. This is a directive straight from HO.

However, as some here have mentioned, it does not stop OPCs selling to their mates, then buying back the car, and putting back up at significantly higher prices. Unethical for sure, but when money is involved integrity is lacking.





GT3cs

1,200 posts

241 months

Sunday 5th July 2015
quotequote all
ThirtySomething said:
Porsche dealers are only allowed to sell new cars at list. This is a directive straight from HO.

However, as some here have mentioned, it does not stop OPCs selling to their mates, then buying back the car, and putting back up at significantly higher prices. Unethical for sure, but when money is involved integrity is lacking.
Yes I understand that , my point is there is no benefit to Porsche to list the cars low when new , as it's only the OPC who makes any profit when the car comes in used , and they have no connection Porsche . As has been said earlier the market drives the price , not sure why there so many conspiracy theories .......

GT3cs

1,200 posts

241 months

Sunday 5th July 2015
quotequote all
ThirtySomething said:
Porsche dealers are only allowed to sell new cars at list. This is a directive straight from HO.

However, as some here have mentioned, it does not stop OPCs selling to their mates, then buying back the car, and putting back up at significantly higher prices. Unethical for sure, but when money is involved integrity is lacking.
Yes I understand that , my point is there is no benefit to Porsche to list the cars low when new , as it's only the OPC who makes any profit when the car comes in used , and they have no connection Porsche . As has been said earlier the market drives the price , not sure why there so many conspiracy theories .......

ThirtySomething

Original Poster:

172 posts

220 months

Sunday 5th July 2015
quotequote all
GT3cs said:
Yes I understand that , my point is there is no benefit to Porsche to list the cars low when new , as it's only the OPC who makes any profit when the car comes in used , and they have no connection Porsche . As has been said earlier the market drives the price , not sure why there so many conspiracy theories .......
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.

Mermaid

21,492 posts

171 months

Sunday 5th July 2015
quotequote all
ThirtySomething said:
GT3cs said:
Yes I understand that , my point is there is no benefit to Porsche to list the cars low when new , as it's only the OPC who makes any profit when the car comes in used , and they have no connection Porsche . As has been said earlier the market drives the price , not sure why there so many conspiracy theories .......
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.
Sums it up well. The UK situation has been abnormal, and it is to be expected that speculators will take advantage.

GT3cs

1,200 posts

241 months

Sunday 5th July 2015
quotequote all
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.
Exactly right . Well put . UK is just a small part of the picture , and they can't change the pricing structure of a model just for us . Best way to deal with UK "current" bubble was to increase allocation , which they did .

My original responce was simply in answer to a poster suggesting Porsche price the cars low on purpose to then sell again used for double profit , which is clearly incorrect as this is a UK only phenomenon , and porsche don't benefit from used premiums anyway . ( the OPC could , but there not Porsche )


V8KSN

4,711 posts

184 months

Sunday 5th July 2015
quotequote all
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.

ThirtySomething

Original Poster:

172 posts

220 months

Sunday 5th July 2015
quotequote all
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.
Look at the facts and make up your own mind ...

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).

Mermaid

21,492 posts

171 months

Sunday 5th July 2015
quotequote all
ThirtySomething said:
Look at the facts and make up your own mind ...

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).
The bigger dealerships were allocated at least 15 cars, there are 37 dealerships.