991 GT3 Gen 2

Author
Discussion

isaldiri

18,606 posts

169 months

Thursday 22nd December 2016
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tuffer said:
You are forgetting to take into account the tens of K's of £ you will lose on the Panamera, Cayennes and Turbo S's that you have to buy in order to get on the GT list. Personally I would not care less if a GT3 lost 50% of its value as soon as I drove it out of the showroom, I want one to drive not to stick in the garage and brag about. The fact that I cannot buy one just makes me look at other marques and if they have something interesting that I can buy without a ridiculous wait then I will do that, I fully expect to lose my shirt......It's a car.
Well you can buy one, just not at list price. If you're really prepared to not care less if a GT3 halved in value instantly once you got one, in theory you'd be prepared to pay a very large % of list over surely....?

hondansx

4,570 posts

226 months

Thursday 22nd December 2016
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Good point! I think we are all agreed that the list price - £135k or thereabouts - was too 'cheap' for what you got.

MDL111

6,974 posts

178 months

Thursday 22nd December 2016
quotequote all
isaldiri said:
tuffer said:
You are forgetting to take into account the tens of K's of £ you will lose on the Panamera, Cayennes and Turbo S's that you have to buy in order to get on the GT list. Personally I would not care less if a GT3 lost 50% of its value as soon as I drove it out of the showroom, I want one to drive not to stick in the garage and brag about. The fact that I cannot buy one just makes me look at other marques and if they have something interesting that I can buy without a ridiculous wait then I will do that, I fully expect to lose my shirt......It's a car.
Well you can buy one, just not at list price. If you're really prepared to not care less if a GT3 halved in value instantly once you got one, in theory you'd be prepared to pay a very large % of list over surely....?
not necessarily - it is a matter of how much money I have. As an example I could buy my current car at the price I paid and I know it already lost a substantial amount (owned it for about 15 months now) - this does not mean I could buy it at price paid plus 50% - just too much money then, which I did not have regardless of if it then lost/gained/stagnated in value

tuffer

8,850 posts

268 months

Thursday 22nd December 2016
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hondansx said:
Good point! I think we are all agreed that the list price - £135k or thereabouts - was too 'cheap' for what you got.
Not necessarily, a Turbo S has a significant amount of extra kit plus technology for your £155K, the GT3 was pretty basic other than a spoiler and the engine.

av185

18,514 posts

128 months

Thursday 22nd December 2016
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Harris_I said:
I own what I think is one of their greatest cars and I didn't have to bow and scrape to buy it. I don't like the so called mainstream stuff they make today so they've lost me as a customer.
But if it wasn't for the mainstream stuff Porsche would not have survived.

av185

18,514 posts

128 months

Thursday 22nd December 2016
quotequote all
rosino said:
The only reason the 991.1 was so abnormal was the engine issue with the stop production.. that artificially limited production coupled with A LOT of orders being cancelled as people bailed out. Those like me who stuck around were rewarded but many didn't...

.
Although as far as I know there were only 2 cancelled orders from all of us on PH....Andy Brew and the GRB430 guy (now Rambo Lambo I believe).

Harris_I

3,228 posts

260 months

Thursday 22nd December 2016
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av185 said:
But if it wasn't for the mainstream stuff Porsche would not have survived.
I'm aware, as are we all. I guess all I'm saying is their so called limited edition stuff is not so good that I think it deserves my obsequious genuflection at the altar of Preuninger.

Since the aim is to create a halo by restricting supply and rewarding a few, I'll just go elsewhere. Most likely the custom of those who think similarly is insignificant in dollar value but it's a shame nevertheless.


SL550M

593 posts

111 months

Friday 23rd December 2016
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Harris_I said:
av185 said:
But if it wasn't for the mainstream stuff Porsche would not have survived.
I'm aware, as are we all. I guess all I'm saying is their so called limited edition stuff is not so good that I think it deserves my obsequious genuflection at the altar of Preuninger.

Since the aim is to create a halo by restricting supply and rewarding a few, I'll just go elsewhere. Most likely the custom of those who think similarly is insignificant in dollar value but it's a shame nevertheless.
"obsequious genuflection at the altar of Preuninger"...that has to be a contender for PH's 'phrase of the year'. Superb!

robgt3

Original Poster:

2,585 posts

163 months

Friday 23rd December 2016
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Did I read on her, GT3 Gen 2 at the Geneva Motor Show and on the Porsche Configurator in February ? I have spent many happy nights configuring. smile

rosino

1,346 posts

173 months

Tuesday 27th December 2016
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av185 said:
rosino said:
The only reason the 991.1 was so abnormal was the engine issue with the stop production.. that artificially limited production coupled with A LOT of orders being cancelled as people bailed out. Those like me who stuck around were rewarded but many didn't...

.
Although as far as I know there were only 2 cancelled orders from all of us on PH....Andy Brew and the GRB430 guy (now Rambo Lambo I believe).
I think we are a small portion on here. And hardcore aficionados for the most part. My dealer had had quite a few people dropping out along the process.. we will see. I think numbers won't be so tight after all. Look at the number of LHD RS produced this time around..

robgt3

Original Poster:

2,585 posts

163 months

Wednesday 11th January 2017
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Is it possible with all the trumpet blowing with the arrival of the new 911 GTS that the GT3 Gen 2 release won't be at Geneva? The waiting for an announcement is driving me a bit mad and that is without being told whether I will be fortunate enough to be one of the chosen few. Thoughts please.

av185

18,514 posts

128 months

Wednesday 11th January 2017
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I think Porsche are trying to get these (GTS and GT3) models out quicker in the life cycle to 'maximise' the brand image and sales.

Reckon the GT3 will be announced in February with Geneva launch.

GT4P

5,215 posts

186 months

Wednesday 11th January 2017
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As long as there is no engine fiasco of the 991.1 gt3 I expect there will be over 600 cars to the UK and everyone with Porsche history who wants one will get one just might have to be patient as expect the same marketing trick as with the Gt4!

Heathrow

450 posts

131 months

Wednesday 11th January 2017
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I'm not convinced that they will adjust production to meet demand this time around. With the GT4 they stated publicly it was not limited in numbers, but then still didn't produce enough cars to satisfy UK demand.

av185

18,514 posts

128 months

Wednesday 11th January 2017
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GT4P said:
As long as there is no engine fiasco of the 991.1 gt3 I expect there will be over 600 cars to the UK
Porsche won't allow a repeat of the first gen engine issues...not that it particularly harmed their image or the cars residuals. On the basis the engine is a slightly detuned 4.0 RS with the time served durability modifications evident in the RS and a 8800 rev limit, there should be no issues at this stage in the engines production.

There will be a total of c 320 GT3 RS when deliveries soon stop. This is roughly the same as 991 GT3 numbers. Can't see 600 gen 2s but probably just over 500 equating to c 15 per OPC average.

av185

18,514 posts

128 months

Wednesday 11th January 2017
quotequote all
Heathrow said:
I'm not convinced that they will adjust production to meet demand this time around. With the GT4 they stated publicly it was not limited in numbers, but then still didn't produce enough cars to satisfy UK demand.
They certainly won't adjust production to meet demand.

Why should they....this is a GT car!


MDL111

6,974 posts

178 months

Wednesday 11th January 2017
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av185 said:
Heathrow said:
I'm not convinced that they will adjust production to meet demand this time around. With the GT4 they stated publicly it was not limited in numbers, but then still didn't produce enough cars to satisfy UK demand.
They certainly won't adjust production to meet demand.

Why should they....this is a GT car!
why should they allocate more to the UK if the car is a lot cheaper in the UK than in Germany - just sell more cars in Germany at a higher margin (assuming they do not increase UK prices significantly). From what I hear from a couple of German dealers, the lists are quite long this time around, so should not be an issue selling them all.

I would not be surprised if the UK gets an even smaller allocation than in the past.

As a comp a Turbo S costs c. 175k in Germany vs 146k in the UK (both figures sterling).... that is quite a difference

av185

18,514 posts

128 months

Wednesday 11th January 2017
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But the UK is a very important growing market for Porsche and GT cars aren't about making them profit...its all about the brand filtering to lesser models.

Thats why they are underpriced new and supply is restricted.

It was irrelevant to Porsche that they could have asked say £200k for the 991 GT3 RS and sold three times as many. The 'profit' for Porsche lies in other models which are enhanced by these GT halo cars.

Koln-RS

3,869 posts

213 months

Wednesday 11th January 2017
quotequote all
av185 said:
I think Porsche are trying to get these (GTS and GT3) models out quicker in the life cycle to 'maximise' the brand image and sales.
Reckon the GT3 will be announced in February with Geneva launch.
The GTS is an up-spec'd variant of the standard production model, and the GTS nomenclature is now used across the Porsche range and agree that it stretches mainstream sales.

The 'GT3' is an homologation model (whatever that means these days) for motorsport, but the Gen 2 has hardly been rushed - it'll be over 3 years since the Gen 1.

GT4P

5,215 posts

186 months

Wednesday 11th January 2017
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Gt production in the past pre. 991 was not limited by numbers but limited by factory capacity,demand and production time line!
This time round increased demand,production and timeline so perhaps 3x as many 991.2gt3 built to say 997.2 gt3 or similar numbers to gt4. The 991.1 gt3 numbers were limited due to the halt in production so if that didn't happen then how many more than the 350 or so UK cars would there have been!
The gt4 was originally only 200-250 cars for the UK.AP said the numbers were not limited but limited by production .