991 GT3 Prices - 50 cars available!

991 GT3 Prices - 50 cars available!

Author
Discussion

arcticGT

977 posts

213 months

Saturday 11th July 2015
quotequote all
EFA


PorscheGT4 said:
I like the 991 GT3 but i can't afford one. I wish I'd kept my GT3 a bit longer as the increase in value would've almost paid for my Cayman R ! .

PorscheGT4

21,146 posts

266 months

Saturday 11th July 2015
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sidicks said:
So you keep telling us at every opportunity....sleep

Although having said that I wouldn't put it past you to buy one, simply to subsequently reject it as "it's nowhere near as good as my Cayman R..."
You did not pay that much for yours though, who is to say you would have paid £150k

Has nothing to do with R prices, has more to do with 458 and MP12 prices.

PorscheGT4

21,146 posts

266 months

Saturday 11th July 2015
quotequote all
arcticGT said:
some crap
I think every past 2000+ owner would have wished they kept their GT3 as an investment, but some times you have to sell what you don't like, it's not all about money.

I should have kept my Noble and CSL if it were about money.

While I could have made money on the GT3 and drove a Ford KA the past 3 years , I have had 3 years just about free motoring in my R and enjoying 22k miles in one of Porsche best underrated cars :-), and the Spyder also being an amazing car.

As for not affording one ! odd comment imo

Edited by PorscheGT4 on Saturday 11th July 16:13

Wilmslowboy

4,214 posts

207 months

Saturday 11th July 2015
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Heard today of two bought very recently, looks like they are now selling, and found a sensible price level.

The most recent with JZ is £136k ...bang in the middle of GT3 997.2 and GT3 997.2 RS


GT4RS

4,435 posts

198 months

Saturday 11th July 2015
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RSVP911 said:
GT4RS said:
Thank you - I'm missing it already frown

I'm not sure - I certainly didn't offer it up for £K120 , maybe it got confusing at it cost £K 120 ? The price range of the sale was in the bracket that you categorically said people were not selling them at . I am afraid that you are wrong on this as are certain other people are on this thread , where I'm afraid a lot of nonsense is being made up and posted - it's a shame. I know of at least 3 GT3 'a that have sold in the last 3 weeks . I do agree that some of the pricing is excessive but based on my experience , if they are speced well & priced sensibly , they will sell quickly .

I do not have a vested interest as mines sold so I say this impartially - they honestly are absolutely amazing , way way better than a Turbo S , currently for Turbo S money - in truth over a lifetime of ownership , much less in fact , as the depreciation over time will be much better (history has proven this time and time again on GT cars) as such I still think their value proposition is good - as for £k 135 / £K 160 , what else compares - nothing . Only an RS , but that ship has sailed . So my advice is , if you love cars and in the market for something very special & can afford one - then why not.

To answer your question , yes , I have been really fortunate & I have an RS coming - the only reason I sold the 3 as otherwise it was going nowhere - It was a 1 owner car , I used it when ever I could , I sold it with 6000 miles on the clock . There are roughly 38 RHD cars for sale - roughly 15 % of the total delivered (not 100% sure on this ) I bet a lot of the people selling have RS's coming , hence the sale - ergo all GT3 owners are not speculators - a lot of them , like me are everyday enthusiasts , nothing more .


Edited by RSVP911 on Saturday 11th July 12:37


Edited by RSVP911 on Saturday 11th July 12:41
Apologies I thought you were the chap who posted a pic of his silver (ish) gt3 the other week saying its up for sale £121k if not it's going to get traded as I have a new rs coming.

I hope you enjoy the rs as much as you did the 3. Please keep us updated


Edited by GT4RS on Saturday 11th July 21:22

EvoBlade

150 posts

257 months

Sunday 12th July 2015
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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 smile

EvoBlade

150 posts

257 months

Sunday 12th July 2015
quotequote all
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 smile

Edited by EvoBlade on Sunday 12th July 09:56

AndrewD

7,540 posts

285 months

Sunday 12th July 2015
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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!

drmark

4,850 posts

187 months

Sunday 12th July 2015
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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 smile
And just to add some more perspective, I was offered one of those very cars at the bottom of the price range you quote - and over a month ago. Indeed I was first approached in April. So I am not sure the market is quite as liquid as some suggest.
But you have a great car and I am very envious.
Enjoy.

RSVP911

8,192 posts

134 months

Sunday 12th July 2015
quotequote all
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 smile
Congratulations , you are now the proud owner of a fantastic car - I thought the car that you bought and the one that I sold were the best value cars for sale by some margin - hence why they sold. I really like your spec - what a great into to the brand , please let everyone know what you think smile

RSVP911

8,192 posts

134 months

Sunday 12th July 2015
quotequote all
drmark said:
And just to add some more perspective, I was offered one of those very cars at the bottom of the price range you quote - and over a month ago. Indeed I was first approached in April. So I am not sure the market is quite as liquid as some suggest.
But you have a great car and I am very envious.
Enjoy.
Hi Mark , what you say is correct except for one thing ; the price , which was far higher than the low end of the range below. I thought I may be able to sell it to a fellow PH'r to cut out the dealer margin for both parties - you were the only person I spoke to when I was first started thinking about selling. Months later , after doing nothing else to sell (except the occasional cheeky post to remind you of the car ) , I finally pulled my finger out and put it up for sale properly at an OPC it sold with in 3 weeks for very near the asking price (ie very close to the price I offered it to you / near to the top of the range below ) So I'm really happy , I hope the new owner is too as the car represented great value in respect of the competition. I genuinely hope that one comes along that works for you as they are fabulous cars , keep well & good luck , kind regards , R smile



Edited by RSVP911 on Sunday 12th July 10:48

PorscheGT4

21,146 posts

266 months

Sunday 12th July 2015
quotequote all
we all know they are great cars, just over shadowed by the RS now and a market correction was due.

that has happened, people are now buying cars again , not in big numbers though, a few sold to PH members does not move the 50 odd cars for sale.
I cannot believe how many OPC have stock of the cars. way more cars for sale than are listed on the OPC site.

Prices are still dropping atm but imo very close to being stable, low spec cars will hit £129k no issue. you can now buy a nice spec car with a haggle for £135k
any thing over that is South pricing aimed at the richer peeps :-) , back in the real world up north prices are lower and cars are still sticking.

go to the Macca section and people seem to be ordereding the 540C which seems awesome value(if you keep away from carbon tick boxes), and that car is more old school build again, real dampers and ARB, old style steering etc, they seem to have a car people are pre ordering at £126k.

I also know few a few people who have bought 458's and one got a 599 all were looking at 991 GT3's at one point.

GT3 has always been a very tiny market, Macca's are putting a car at every price point and it seems to be working.

As I said I saw the perfect spec GT3 for sale at £139k with very nice options, buckets, leather etc and was tempted as waiting for my GT4 is frustrating and money burns a hole in your pocket !!! but when I got home and thought about it, still know they are dropping and trade bids would be scary on them still, must be sub £120k so too risky for my pocket for a toy to play with for 3 months. (it's still for sale as well)

north /south pricing is £15k !!!

DT398

1,745 posts

149 months

Sunday 12th July 2015
quotequote all
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 smile

Edited by EvoBlade on Sunday 12th July 09:56
Lovely car that red one. What makes you think the next GT3 will be turbo? And not sure what difference it will make if it is. Look at the prices of the older GT2s now, don't see the presence of a turbo making them any less desirable. Don't get me wrong, I prefer an n/a car as do a lot of people but whatever GT 911 arrives next, it's going to overshadow the 991 GT3 IMHO.

I honestly don't think the demand is there to push these cars back up again. Most people that want one have either got one or had one and a lot are moving on to the RS or waiting to see what comes next.

Enjoy that red car. I thought it was way nicer than the Mexico blue one when they were side by side at JZM a few weeks ago.

ThirtySomething

Original Poster:

172 posts

221 months

Sunday 12th July 2015
quotequote all
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 smile

Edited by EvoBlade on Sunday 12th July 09:56
Congratulations on your purchase. That was a very good discount you got on the Red JZM car ! wink

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 bullst.

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




DT398

1,745 posts

149 months

Sunday 12th July 2015
quotequote all
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!
Oh I don't know, maybe for the same reason we are approaching 15 pages on another thread about what RS colour you should get. People just like discussing this stuff. Don't see all those people that "can't afford one" pissing on anyone's chips on that thread.


ThirtySomething

Original Poster:

172 posts

221 months

Sunday 12th July 2015
quotequote all
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.

PorscheGT4

21,146 posts

266 months

Sunday 12th July 2015
quotequote all
what did the red JZM car go for then, why no price posted ?

ThirtySomething

Original Poster:

172 posts

221 months

Sunday 12th July 2015
quotequote all
PorscheGT4 said:
what did the red JZM car go for then, why no price posted ?
To be fair to the new owner, I don't think he will want to share that information. I know I wouldn't and even then how would you believe it?

Let's just say the sticker price was 146k and he got a discount ! wink

PorscheGT4

21,146 posts

266 months

Sunday 12th July 2015
quotequote all
seems a shame it will not be told !

we all know MASSIVE discounts can be had as most are SOR and sellers just want out esp future RS owners who will make it back on the next one.

But as he was saying prices were ok and 3 have been bought all by his mates, would have thought he would back that up with the price.

esp now he is saying "The cars will be back up at the 170k soon " lol





Edited by PorscheGT4 on Sunday 12th July 13:41

sidicks

25,218 posts

222 months

Sunday 12th July 2015
quotequote all
PorscheGT4 said:
seems a shame it will not be told !

we all know MASSIVE discounts can be had as most are SOR and sellers just want out esp future RS owners who will make it back on the next one.

But as he was saying prices were ok and 3 have been bought all by his mates, would have thought he would back that up with the price.

esp now he is saying "The cars will be back up at the 170k soon " lol
Which car did you agree a MASSIVE discount on?

As ever, what you claim to 'KNOW' is directly opposite to the recent evidence seen on here...