The £150,000 GT3 has arrived as predicted

[Bieldside]

I had heard that they are looking at a mid-engined car at the £225,000 entry level to compete head to head with Ferrari and Lambo
That might diminish the need to have a GT3 or GTRS GenII 991
Time to put that deposit down!

[APOLO1]

isaldiri said:

New car regs are vs each car as it is issued a plate and not vs the owner I believe.

This is what I understood for a while, but then throw in to the mix, new vechiles are reg on private plates, that go back on to certs of retention, and new reg nos are issued, also add in that we all had to have new V5s, ie, new engine nos, etc...sure you get the drift...

Edited by APOLO1 on Friday 30th January 08:23

[berty37]

Carl_Docklands said:

if either of this information is correct then my hat I will eat. To say the DVLA information is wrong is a bit far fetched.

Time will tell, I doubt 20 import cars made the trip to the UK in such a short space of time.

I also find it hard to swallow that there is no 992/991.2 GT3 follow-up already in the pipeline, the GT3 is the halo we will see one whenever there is a new 911 model.

Happy to eat humble pie in 3 years time.

Happen to agree entirely there with you Carl. Seems in the last year or so Porsche have been bringing out so many models - introduction of the GTS and the Turbo S (both run out models of the 997), they know people have wanted a Cayman to fulfil its potential more so have got AP and his team on the GT4. I think also Hatz gave a fairly clear indication in that interview last week when he said that the new 911's will be turbocharged EXCEPT the GT3 - if there were to be no new one surely he would of stated that the upcoming RS was the last GT3 type NA or not that was to be produced. A car like the GT3 that has been lauded everywhere I just cant see them not producing another one. All that said, I very much doubt you will see 991 GT3's at anywhere close to their original retail prices...see one OPC have a 12k miler not great spec offered at £125k - theres your base.

[sidicks]

Bieldside said:

HavIng declined £150000 I do wonder at what point in the curve would I take the money
£175000 possibly as then it becomes an asset and not a car to drive and park
And that would be a real shame - but we all have a price and I think that's mine
Or have it stored professionally and anticipate further rises
First car ever that I have owned that has increased in value from day 1

I was having the same discussion with my wife today. I think that anything above £170k I'd have to seriously consider as, allowing for the compensation, that would be a £50k profit and the money could usefully be spent elsewhere!

Not sure what I would get to replace it though.

[Mermaid]

sidicks said:

I was having the same discussion with my wife today. I think that anything above £170k I'd have to seriously consider as, allowing for the compensation, that would be a £50k profit and the money could usefully be spent elsewhere!

Not sure what I would get to replace it though.

Well done. Prices go up, and mileage probably not now. Or are values not mileage sensitive?

[sidicks]

Mermaid said:

Well done. Prices go up, and mileage probably not now. Or are values not mileage sensitive?

Not sure of the point you are making.

I will carry on driving it as I always have.

With such a lack of cars, mileage won't be an issue.

[V8KSN]

There WILL be another GT3 with the next generation of 911 (992?) its crazy to think there won't be. The bean counters wont allow such a profitable car, never mind a halo for the range to simply die off.

The new gen GT3 will be just as different from the 991 as the 991 was from the 997 (probably with some sort of hybrid electric system running alongside an NA engine) There will always be a market for both.

Personally I think in 20 years time, the 997.2 RS will be worth a hell of a lot more than the 991 RS. If I was lucky enough to own a 991 GT3 I would be selling it and grabbing myself a 997.2 RS tomorrow!

[Sandy59]

Bieldside said:

HavIng declined £150000 I do wonder at what point in the curve would I take the money
£175000 possibly as then it becomes an asset and not a car to drive and park
And that would be a real shame - but we all have a price and I think that's mine
Or have it stored professionally and anticipate further rises
First car ever that I have owned that has increased in value from day 1

The whole story has certainly been a bit unpredictable to date, for most anyway, and who really knows how it will pan out in the end, £175k would certainly be an amazing figure to reach. I originally ordered one, then transferred the order early to an RS thinking no point in getting the GT3 only for a few months before the RS came out – wrong !!
Then later with rumours of hardly any RS's to be had I decided to bite the bullet and pay over the odds for a GT3 after all, just in case.
So if prices hold up until I find out for sure about the RS allocations I'll be happy, then hopefully I'll have a nice red one for sale, we'll see.

[Scott Parker]

I wouldn't consider selling mine unless it goes above 200k.......keeping it for a while then

[isaldiri]

Sandy59 said:

I presume private plate transfers shouldn't affect the figures then either ??

Don't believe so, the original plate is still held on record to revert back if required. Apolo1 has a point though, given the DVLA's general 'efficiency' goodness knows if some numbers haven't been double counted especially when you add V5 changes for the new engine numbers. So far as I have seen though, that new car reg number has been reasonably accurate.

[nsm3]

In the nicest possible way, can you lot please STFU?

I am still grappling with missing the £20k up lift on my 7.1 over the last year.

Only jealous, obvs

[hondansx]

If people are thinking their GT3 as an investment then - IMO - sell up now because you are going to lose money.

Despite being a 991 GT3 owner, i think it will become fairly unloved overs the next few years. The reasons why i think this is:

- GT3 RS will be awesome and grab the headlines
- Gen 2 cars are always better
- We are just getting started with technology, the 991.1 GT3 won't stand out for anything in particular
- As cars get more advanced, there will be even greater demand for Mezger/manual GT3s

[Mario149]

sidicks said:

graeme4130 said:

Mario149 said:

graeme4130 said:

With the eyes of someone who missed the boat on the first wave of cars, and has sinced been priced out the market now they're listing at 140ish (unsold according to classifieds), is it known that there definitely won't be a 991.2 GT3 in the next couple of years as they did with the 997.1/2 ?
From what I've read on here, the assumption is no, but when talking with my OPC, he said not to rule it out (although sales guys don't tend to get much info until they need it)

So, is there expected to be no 991.2 GT3 ? If there is, will that result in 991.1 GT3's plummeting I'm price ?

If there is a 991.2 GT3 and

1) it's a similar progression from the 991.1 as the 997.2 was from the 997.1 i.e. they don't balls it up but make it incrementally better
and
2) it's priced similarly to a 991.1 + inflation i.e. £110k or a tad more

....I think buyers of 991 GT3s now are going to take a bit of a bath. If it was me and I'd had my GT3 for a year or more, I'd probably be playing the long game, banging out the moment I got the slightest whiff of a 991.2 GT3 on the horizon (or even before, possibly now if £25k+ over list was offered) and putting my money somewhere safe, or in something like 997.2 GT3 which won't be too adversely affected by say a 20% drop in 991 GT3 prices. While the 991 GT3 is an epic car, it's not really low volume so medium to long term it is going to drop IMO, although if Porsche charged £130k for a 991.2 GT3, it would prop them up a little for longer I reckon

Good response. Point well made, agreed

150-200 cars = not low volume??

My understanding is that they've built roughly comparable numbers of 991 GT3s to the equivalent 997.1 and 997.2 generations, or at least not a million miles away. The 997 cars have a genuine reason for appreciating (maybe not quite so much as they actually have) as they are the last of the manuals/mezger etc etc etc *and* entry price to a 991 GT3 is now so high leaving everyone who can't afford a 991 going for next best. A 991 on the other hand, has no reason for appreciating in the short/med term apart from temporary demand, partly artificially manufactured by Porsche it seems. It's a fab car by all accounts, and takes it to Ferrari in a big way for much less money. But so were and did the 997 gen GT3s back in the day, so no change there. Release a 991.2 GT3 at a sensible price and a lot of people will start jumping ship

[Mario149]

5517 said:

graeme4130 said:

Good response. Point well made, agreed

Apart from the fact its all based on a 991 gt3 2 which aint coming.

Well I did say "If"!

[rosino]

Agreed that all this feels a bit short term. The RS won't necessarily be an issue for the current Gt3 as there are going to be so few delivered here that everybody will have to settle for the vanilla version. It's likely to be a lot more compromised too so even less of a daily driver. And no the GT3 is not a daily driver. Not sure what koolaid the journos are having but mine can bear a commute but certainly doesn't love it. The engines groans and moans, the box shudders, the front scrapes and the engine doesn't sound very special at urban speeds unless you are a yobbo and Rev it out in first at every opportunity.

I think market might be scared that there won't be any n/a cars available going forward. And that like the aircooled this might be the last n/a car before hybrid turbo charged takes over. The RS sure is going to be n/a but quid of the 992 ? Nobody can tell. The comments of the Porsche chap were ambiguous at best, he confirmed RS is n/a but really not sure next generation will be.

Unless they change their kinds and produce a 991.2 with current engine fine tuned for Euro 6, manual box available and then we are all screwed.

[Carl_Docklands]

Looking at the Speciale classifieds now on Mobile.De, a mid-spec LHD car can be had for £170k inc. VAT.

That looks like great value for what it is. mid-spec LHD GT3's are £115k inc. VAT.

[shoestring7]

I was around in 1989, the last time dealers were offering big premiums over list on nearly new 911s, and we all know what happened next.

I'd take the £150k and wait 12 months.

SS7

[Phooey]

hondansx said:

If people are thinking their GT3 as an investment then - IMO - sell up now because you are going to lose money.

+1. I'll eat my chuff if this GT3 becomes an investment. I think the only way the GT3 stands ANY hope of holding it's value is if the RS has the same engine and Porsche adapt it for racing. As the standard 911 progress's people will slowly lose interest. I can't help but see the 991 GT3 as a bit of a fake. sorry

[Robbo66]

If there is a gen 2 GT3...they will never make the same mistake on pricing again. It will be priced significantly higher as Porsche play catch up to the other brands out there.

That alone will bolster prices for the Gen 1....what a deal they were.

Unfortunately,,,,they will and are becoming mileage sensitive as are the 4.0 etc. Par for the course when competing with Ferrari.

[Jeweller70]

I cant get 150 for mine (Black CS, PCCB, Lift, 1800 miles, Sept 14. 1st owner) and tried the usual suspects they all want SoR, so I think this is all theory