15 991 GT3 for sale on PH

15 991 GT3 for sale on PH

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Discussion

DMC2

1,827 posts

210 months

Monday 20th April 2015
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APOLO1 said:
RS being a little late not helped, but they seem to be sitting at 165-175k, its what 18months old now and 50k plus over list...
But they don't seem to be selling. I spoke with an OPC and they are now nervous of having them in stock at that price range, open to deals...

sidicks

25,218 posts

220 months

Monday 20th April 2015
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DiscoColin said:
I considered bringing up the months of downtime, but in fairness most of it was through winter-spring (the low use season). But it is relevant as most of the cars on the market have indeed had only 12-18 months use.

But I can answer your question as in a similar age range I was actually tracking the market and can reach for a handy spreadsheet. There were in fact only 5 997.2 GT3s on the market at the time (all being between 12 and 24 months old). The lowest mileage was 18 months old with over 2500 on the clock, then one at 4k, one at 5.5k, one at 10k and one just over 13k (oldest one on the market).

At that point, there was actually twice as much choice of the equivalent (and 6 months younger - none older than 18 months) 997.2RS. Those were generally higher milages than the year to 18 month old 991s are at the moment too (most having 3k-6k on the clock, but with a handful below 2k and one car below 1000 miles).
Interesting, thanks.

Not sure what the average was, but my car was out of action between Feb and July,..

Mermaid

21,492 posts

170 months

Monday 20th April 2015
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Sub £150k is fair value imo, those long on cars will of course talk them up. The car was underpriced at launch.

sidicks

25,218 posts

220 months

Monday 20th April 2015
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Mermaid said:
Sub £150k is fair value imo, those long on cars will of course talk them up. The car was underpriced at launch.
I think that £150k is probably the right number for the car at present, but that could go up or down depending on news regarding 991.2 GT3...

Mermaid

21,492 posts

170 months

Monday 20th April 2015
quotequote all
sidicks said:
Mermaid said:
Sub £150k is fair value imo, those long on cars will of course talk them up. The car was underpriced at launch.
I think that £150k is probably the right number for the car at present, but that could go up or down depending on news regarding 991.2 GT3...
It could be that those in the "know" know about a Generation 2 and are bailing out.....

Scott Parker

798 posts

220 months

Monday 20th April 2015
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JZM have just sold there yellow one and bought an Agate one, they seem to have confidence in buying them although im not sure of their mark up but they seem to be pricing them well at 160k

GT98

153 posts

146 months

Monday 20th April 2015
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DT398 said:
GT98 said:
I thought it was interesting to see that 911 sold 3 x 991 GT3s over this weekend. Looks like sales are going to take off again chaps!!
BS if you ask me. Those cars were £170k plus a few days ago and went to "POA" and all miraculously then sold, whilst stock of (some cheaper) cars at OPCs increased.
Makes me laugh that so many don't want to believe that the market is alive and well! I spoke to the guys at 911 and they sold 3 in a weekend and they have interest in 2 others in stock! People want e low ownership cars the ones that are sticking are 3-4 owner cars. Its great news that some cars are trading at lower prices 150ks keeps everyone happy!

APOLO1

5,256 posts

193 months

Monday 20th April 2015
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Mermaid said:
It could be that those in the "know" know about a Generation 2 and are bailing out.....
well I Genuinley do not know about a Gen 2 for the 3 or the RS..

lemmingjames

7,433 posts

203 months

Monday 20th April 2015
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Mermaid said:
Sub £150k is fair value imo, those long on cars will of course talk them up. The car was underpriced at launch.
Was it underpriced at launch for the UK or in general as from what ive read on here, they are trading for less on the continent.

Imagine the uproar if RHD people had to pay, for example £140k new whereas LHD could be got for £110k new

Mermaid

21,492 posts

170 months

Monday 20th April 2015
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lemmingjames said:
Mermaid said:
Sub £150k is fair value imo, those long on cars will of course talk them up. The car was underpriced at launch.
Was it underpriced at launch for the UK or in general as from what ive read on here, they are trading for less on the continent.

Imagine the uproar if RHD people had to pay, for example £140k new whereas LHD could be got for £110k new
You make an excellent point - the RHD market is small and therefore distorted. Porsche would probably prefer to make LHD only.

lemmingjames

7,433 posts

203 months

Monday 20th April 2015
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Mermaid said:
You make an excellent point - the RHD market is small and therefore distorted. Porsche would probably prefer to make LHD only.
The gt4 market will be the same, rhd allocations already gone yet lhds are available

Mermaid

21,492 posts

170 months

Monday 20th April 2015
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lemmingjames said:
Mermaid said:
You make an excellent point - the RHD market is small and therefore distorted. Porsche would probably prefer to make LHD only.
The gt4 market will be the same, rhd allocations already gone yet lhds are available
I do not expect significant overs for the RHD GT4, perhaps initially but within 12 months of 1st cars being on the road, things will have settled down. The car will be more focused i.e. hard suspension that may not work well on our roads.

Edited by Mermaid on Monday 20th April 21:51

berty37

623 posts

138 months

Tuesday 21st April 2015
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Scott Parker said:
JZM have just sold there yellow one and bought an Agate one, they seem to have confidence in buying them although im not sure of their mark up but they seem to be pricing them well at 160k
Not that it is in anyway a bad thing about JZM but I was told most of their stock is SOR.They still have to put their name to the car but the capital outlay is obviously nowhere near. I was also told on another forum not sure if true but the Mexico Blue 4 litre didnt sell the second time and the chap sold his gen2 RS with them instead - as I said not in any way to say anything bad about them as a dealer they have a deservedly great reputation but a dealer like Romans buy all their cars.

In my own opinion the announcement of a Gen2 GT3 (which I still am totally convinced there will be) will do pretty much nothing to the value of the first 991 GT3 - it was in the UK especially, underpriced at launch and is a totally brilliant car that won clutches of awards - even when most were stuck at OPC's waiting for their new engines to be fitted..

Andreas Preuninger has given very clear indications at the end of the EVO GT4 video about NA engines in GT cars and has done in other magazines etc since. I cannot believe the only other GT 911 in the 991 platform will not come until 2018 with a run out of the GT2 RS. Again IMO.

sidicks

25,218 posts

220 months

Tuesday 21st April 2015
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berty37 said:
Not that it is in anyway a bad thing about JZM but I was told most of their stock is SOR.They still have to put their name to the car but the capital outlay is obviously nowhere near. I was also told on another forum not sure if true but the Mexico Blue 4 litre didnt sell the second time and the chap sold his gen2 RS with them instead - as I said not in any way to say anything bad about them as a dealer they have a deservedly great reputation but a dealer like Romans buy all their cars.

In my own opinion the announcement of a Gen2 GT3 (which I still am totally convinced there will be) will do pretty much nothing to the value of the first 991 GT3 - it was in the UK especially, underpriced at launch and is a totally brilliant car that won clutches of awards - even when most were stuck at OPC's waiting for their new engines to be fitted..

Andreas Preuninger has given very clear indications at the end of the EVO GT4 video about NA engines in GT cars and has done in other magazines etc since. I cannot believe the only other GT 911 in the 991 platform will not come until 2018 with a run out of the GT2 RS. Again IMO.
rofl

berty37

623 posts

138 months

Tuesday 21st April 2015
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sidicks said:
rofl
sorry....dont understand why is that funny?

sidicks

25,218 posts

220 months

Tuesday 21st April 2015
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berty37 said:
sorry....dont understand why is that funny?
The biggest criticism of the 991 GT3 is that it doesn't have a conventional clutch...
beer

g7jhp

6,958 posts

237 months

Tuesday 21st April 2015
quotequote all
Scott Parker said:
JZM have just sold there yellow one and bought an Agate one, they seem to have confidence in buying them although im not sure of their mark up but they seem to be pricing them well at 160k
JZM have a reputation as GT3 and RS specialists (built on years of servicing and maintaining them). This reputation gives buyers which piece of mind when choosing a GT3 or RS as JZM should know a good car from a bad car. That is my opinion is how JZM car justify their mark up.

berty37

623 posts

138 months

Tuesday 21st April 2015
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sidicks said:
The biggest criticism of the 991 GT3 is that it doesn't have a conventional clutch...
beer
ok see your 'joke' Sid ..it has not affected the car in either its status as a great 911 GT3 or in value in anyway has it. Some people will forever hark on about the Mezger and others about the manual gearbox and some people say the dual clutch has been overdue for the 911 'track car' for a while just Porsche moving with the times. 911 GT3's in all their forms old and new are hot cars and I dont see that waning anytime soon.



Edited by berty37 on Tuesday 21st April 09:21

sidicks

25,218 posts

220 months

Tuesday 21st April 2015
quotequote all
berty37 said:
Yes I know that and that is my point Sid..it has not affected the car in either its status as a great 911 GT3 or in value in anyway has it. Some people will forever hark on about the Mezger and others about the manual gearbox and some people say the dual clutch has been overdue for the 911 'track car' for a while just Porsche moving with the times. 911 GT3's in all their forms old and new are hot cars and I dont see that waning anytime soon.
I think you miss the humour - you used the expression 'clutches' of awards...

Never mind, let's move on!

av185

18,432 posts

126 months

Tuesday 21st April 2015
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Mermaid said:
lemmingjames said:
Mermaid said:
You make an excellent point - the RHD market is small and therefore distorted. Porsche would probably prefer to make LHD only.
The gt4 market will be the same, rhd allocations already gone yet lhds are available
I do not expect significant overs for the RHD GT4, perhaps initially but within 12 months of 1st cars being on the road, things will have settled down. The car will be more focused i.e. hard suspension that may not work well on our roads.

Edited by Mermaid on Monday 20th April 21:51
GT4 likely to track GT3 premium wise, especially with its limited run too cheap under pricing and perceived brilliance according to the mags in the know biggrin:

Car is not more focused than 991 GT3...why would it be......Carrera S 'non motorsport' engine, brakes and GT3 front suspension......could be used as a daily quite easily.