96rs for sale...
Discussion
4 years ago I bought a matching numbers 2.7 RS Touring for less than what people are now asking for 996 RS's - I sold the same 2.7 RS this time last year for a price that at the time was a record high but now looks cheap and bought a 996 RS for a price that was probably a record high and now looks cheap - it's all loopy, but it's supply and demand. I'm still going to nail it round the track, because as values continue to firm a bit of occasional track mileage won't make much difference to a 17k mile car. still feels a bit odd though.
LaSource said:
agtlaw said:
The following is from not an official source but these are some boggo GT3 numbers:
996GT3.1 1858 produced, of which 106 GB cars
996GT3.2 2500 produced, of which 239 GB cars
996GT3 RS 682 produced, of which 113 GB cars
- the rarest RS (similar to the 4.0L given some will be lost by now)
- driving experience more similar to the cars to its left
- however, performance similar to the cars to the right
Therefore, in my view, a real sweet spot across the range.
(I will ignore aesthetics as this is subjective - I love the looks though I know some others may not)
Edited by LaSource on Tuesday 22 July 14:06
It'll be interesting to see where values go in several years (although I'm not bothered - it's a keeper and going to Croft next month so it can be used and enjoyed)
agtlaw said:
The following is from not an official source but here are some GT3 numbers:
996GT3.1 1858 produced, of which 106 GB cars
996GT3.2 2500 produced, of which 239 GB cars
996GT3 RS 682 produced, of which 113 GB cars
So quite a few compared to a 100 or so 996 GT2's then that were allocated to the UK, makes the GT2 look so undervalued in the current "hot" market if you can find a straight car. 996GT3.1 1858 produced, of which 106 GB cars
996GT3.2 2500 produced, of which 239 GB cars
996GT3 RS 682 produced, of which 113 GB cars
APOLO1 said:
the next ones to fly imv, will be 328s......100k all day long....also 924GTs, are getting interesting....the "Bollinger" bands are indicateing a buy signal..
Don't see that. I'd say the 355 would be the one to buy. The 328 has already done the 'magnum' thing but the 355 had the last of the real driver feel with no nannies and great looks IMO
V12DRC said:
Don't see that. I'd say the 355 would be the one to buy.
The 328 has already done the 'magnum' thing but the 355 had the last of the real driver feel with no nannies and great looks IMO
Disagree, The 328 was the last car designed by the Doc....the only good 355 is one with the Fiorano handling pack...The 328 has already done the 'magnum' thing but the 355 had the last of the real driver feel with no nannies and great looks IMO
Edited by APOLO1 on Tuesday 22 July 22:03
APOLO1 said:
Disagree, The 328 was the last car designed by the Doc....the only good 355 is one with the Fiorano handling pack...
Fair play that's what makes a mkt but undoubtably the 355 is better looking and currently more fun. Edited by APOLO1 on Tuesday 22 July 22:03
The 328 requires a driver mustache like a 70's porn star
seawise said:
4 years ago I bought a matching numbers 2.7 RS Touring for less than what people are now asking for 996 RS's - I sold the same 2.7 RS this time last year for a price that at the time was a record high but now looks cheap and bought a 996 RS for a price that was probably a record high and now looks cheap - it's all loopy, but it's supply and demand . I'm still going to nail it round the track, because as values continue to firm a bit of occasional track mileage won't make much difference to a 17k mile car. still feels a bit odd though.
In this market, demand increases as price rises. The 2.7 RS is much much more desirable now than back when it was "affordable". The opposite of what I was taught in my A level economics class.As an experiment, someone should list for sale two identical GT3 RSs. One at £120k, the other at £60k. My guess is that the £120k car would see twice as many enquiries.
agtlaw said:
In this market, demand increases as price rises. The 2.7 RS is much much more desirable now than back when it was "affordable". The opposite of what I was taught in my A level economics class.
As an experiment, someone should list for sale two identical GT3 RSs. One at £120k, the other at £60k. My guess is that the £120k car would see twice as many enquiries.
No way. The 60k one would be swamped with calls, albeit with searching questions - is it a cat d etc....As an experiment, someone should list for sale two identical GT3 RSs. One at £120k, the other at £60k. My guess is that the £120k car would see twice as many enquiries.
agtlaw said:
In this market, demand increases as price rises. The 2.7 RS is much much more desirable now than back when it was "affordable". The opposite of what I was taught in my A level economics class.
As an experiment, someone should list for sale two identical GT3 RSs. One at £120k, the other at £60k. My guess is that the £120k car would see twice as many enquiries.
They are becoming Veblen goods. Upward sloping demand curve. As price increases, so does demand. As an experiment, someone should list for sale two identical GT3 RSs. One at £120k, the other at £60k. My guess is that the £120k car would see twice as many enquiries.
agtlaw said:
In this market, demand increases as price rises. The 2.7 RS is much much more desirable now than back when it was "affordable". The opposite of what I was taught in my A level economics class.
how true - look in the back of classic car mags, any 2.7 RS warrants the biggest ad on a page from a high end dealer now, whereas in the past when they were 100-150k it was in the small ads. it's a reflection of the change in demographic of the typical buyer, and I suppose the 996 RS might go the same way. sad but inevitable. 'investment grade' cars = increased desirability (to most).Alpinestars said:
They are becoming Veblen goods. Upward sloping demand curve. As price increases, so does demand.
I think too many people over complicating the rise in Rs prices..they were trading too cheap a while back considering their rarity/specialness etc and have finally caught up with the massive increase in air-cooled cars that in some cases are not rare and not special..the 996Rs was the cheap point of the 911 price curve imo..also with a new 991 Carrera s at circa a £100k on the road,with a guarantee of losing money and unlimited supply, £100k for one of Porsches most bespoke cars looks cheap still. I am in no doubt what so ever, that the recent increase in the 996RS is solely down rise in other cars across the RS range....if the likes of the 993RS, the 64RS, had all remained static, I am sure that the 6RS would be back in the 60ks....
but having said this, I am pleased that the recognition that "might" be deserved is now being reflected within its price....
but having said this, I am pleased that the recognition that "might" be deserved is now being reflected within its price....
APOLO1 said:
I am in no doubt what so ever, that the recent increase in the 996RS is solely down rise in other cars across the RS range....if the likes of the 993RS, the 64RS, had all remained static, I am sure that the 6RS would be back in the 60ks....
..
Agreed, and with new cars being further and further away from basic motoring, nostalgia can be fed with the tons of easy money (few credible tax free alternatives) and plenty of Nouveau riche in the East...
Classic cars - seen as an essential component of a "balanced" portfolio. Portfolio rebalancing essential as the economic background changes.
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