Is the Porsche 992 GT3 market going south?

Is the Porsche 992 GT3 market going south?

Author
Discussion

I Like Tea

179 posts

225 months

Saturday 9th December 2023
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jason61c

5,978 posts

175 months

Saturday 9th December 2023
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I like it.

Should be a good buy when it’s at £130k in a few months

GT4RS

4,455 posts

198 months

Saturday 9th December 2023
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I Like Tea said:
Wow, now makes the yellow private sale for £158k look way over priced.

These are dropping at a crazy rate.

911Spanker

1,263 posts

17 months

Saturday 9th December 2023
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Yep all falling fast. I wouldn't buy a GT3 RS with any more than 12 miles. Probably had the st kicked out of it before a quick wipe over.

ChrisW.

6,340 posts

256 months

Saturday 16th December 2023
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A lot of OPC GT4RS have just dropped "another" £5k .... with 18 cars now up to 21 ...

911hope

Original Poster:

2,732 posts

27 months

Monday 15th January
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Brief price increase for Christmas fooled no-one.

January rush never happened.

£162k is now lowest on OPC website, with all the options anyone could care for.

Several at £165k.

OnionBhaji99

181 posts

137 months

Monday 15th January
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911hope said:
Brief price increase for Christmas fooled no-one.

January rush never happened.

£162k is now lowest on OPC website, with all the options anyone could care for.

Several at £165k.
Interesting, what would the list price have been with all those options?

Abc321

471 posts

96 months

Monday 15th January
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I Like Tea said:
This one (which seemed like it had been up for an age), has finally gone.

Masterplan

53 posts

3 months

Sunday 4th February
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Interesting read.

Been keeping an eye on the used prices and associated finance balloons.

Still think there’s a lot more to go? Feels like the Turno S is expecting a much bigger correction

Wheelspinning

1,221 posts

31 months

Sunday 4th February
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Going by the Porsche UK approved site, the prices have turned and they have increased the advertised prices.

Porsche know far better on anyone on here about their current stock, current production, exposure and when the 992.1 supply shall dry up when the production run comes to an end.

There won't be 992.2 GTS or Turbo models available until maybe summer next year and the over supply shall rectify itself very shortly.

It's coming into spring, the interest rate rises have fully stalled and most likely might drop to below 5% by late summer if inflation meets its target a whole year before predicted.

All this adds up to the feel good factor and consumers feeling positive.

It's been a rough ride and 2023, although still a great year for myself, was very challenging and I am glad it's gone....I'm sure a lot of people feel the same and shall reward themselves.

I feel its the end of the low prices, and a bit of normality shall return; no crazy offers over, just stronger prices and no freefall.

If your in the market, I feel current prices are as good as its going to get as a gradual bounce is enroute.

I feel the same regards Range Rovers; this whole storm in a teacup regards insurance prices shall rectify itself very shortly, and the similar artificially deflated prices shall bounce.

I may well be wrong but we shall soon find out.

911hope

Original Poster:

2,732 posts

27 months

Sunday 4th February
quotequote all
Wheelspinning said:
Going by the Porsche UK approved site, the prices have turned and they have increased the advertised prices.

Porsche know far better on anyone on here about their current stock, current production, exposure and when the 992.1 supply shall dry up when the production run comes to an end.

There won't be 992.2 GTS or Turbo models available until maybe summer next year and the over supply shall rectify itself very shortly.

It's coming into spring, the interest rate rises have fully stalled and most likely might drop to below 5% by late summer if inflation meets its target a whole year before predicted.

All this adds up to the feel good factor and consumers feeling positive.

It's been a rough ride and 2023, although still a great year for myself, was very challenging and I am glad it's gone....I'm sure a lot of people feel the same and shall reward themselves.

I feel its the end of the low prices, and a bit of normality shall return; no crazy offers over, just stronger prices and no freefall.

If your in the market, I feel current prices are as good as its going to get as a gradual bounce is enroute.

I feel the same regards Range Rovers; this whole storm in a teacup regards insurance prices shall rectify itself very shortly, and the similar artificially deflated prices shall bounce.

I may well be wrong but we shall soon find out.
992 GT3 prices may have bottomed out, but they don't seem to shift quickly.

Could be an actual bottom, or dealers trying to give the impression to pressure buyers.

Time will tell.

Masterplan

53 posts

3 months

Sunday 4th February
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I have a similar feeling, which is why I’ve started to look.

I’ve been looking for the 992 GT3, but it’s in a price bracket with a lot of competition. Huracan Evo’s are now teetering on the upper end of that bracket, 488, Huracan LP610’s, Turbo S….

All completely different and brilliant in their own right, but the market is going to have a different impact on all of them.

First world problem and one I’m grateful to have

Implus1

181 posts

41 months

Monday 29th April
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How much are manual Tourings going for these days?

Edited by Implus1 on Monday 29th April 22:37

911hope

Original Poster:

2,732 posts

27 months

Monday 29th April
quotequote all
Implus1 said:
How much are manual Tourings going for these days?

Edited by Implus1 on Monday 29th April 22:37
Auto trader is a good place to look.

Implus1

181 posts

41 months

Monday 29th April
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911hope said:
Auto trader is a good place to look.
Advertised prices =/= sale prices