15 991 GT3 for sale on PH

15 991 GT3 for sale on PH

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Mermaid

21,492 posts

171 months

Monday 30th March 2015
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APOLO1 said:
like what is said on here affects prices........
Still see the 4.0s as the sprit of 2.7RS, 500k, yes but when......

The "last one" sold sets the price to large extent, the don't haves talk em down, owners talk em up...seems to me...
Of course it does on PH's, less so on Mumsnet or Knitting world.

Do not disagree with you about the 4.0RS, but time value of money is also relevant. The CGT is barely 500k now (12 or so years after launch & starting at a higher price), and that far more special - although more manufactured.

You are right, owners talk them up. But buyers with lots of money also talk them back to reality. Do you think the market is rational at this stage in the economic cycle?

APOLO1

5,256 posts

194 months

Monday 30th March 2015
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Mermaid said:
I expect there are quite a few dealers on here. And they have to talk up the market - that's their game, as it is any salesperson's. To be fair to Apolo1, he has been honest about his many 4.0 RS transactions, and a few 991 GT3's - both cars he has talked up..
I suppose he will be be predicting a 2million 918 by the end of April. wink Just kidding, Mr Apolo.
Until production finishes on the 918, not sure how the price will work out, but a million pound plus was easy, I do not know of any other car that's comes close in terms of tech, build quality or the materials used.....


APOLO1

5,256 posts

194 months

Monday 30th March 2015
quotequote all
Mermaid said:
Of course it does on PH's, less so on Mumsnet or Knitting world.

Do not disagree with you about the 4.0RS, but time value of money is also relevant. The CGT is barely 500k now (12 or so years after launch & starting at a higher price), and that far more special - although more manufactured.

You are right, owners talk them up. But buyers with lots of money also talk them back to reality. Do you think the market is rational at this stage in the economic cycle?
truthfully M, I find this RHD market here astonishing...I know some OPCs in Eu really well, when I tell em about the GT3 prices, they say," how many for that price."

DiscoColin

3,328 posts

214 months

Monday 30th March 2015
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DMC2 said:
My local OPC is getting 8 RS, so I guess the same numbers as 997.2 RS. They are getting more of them than GT4s!
997.2RS was only 87 UK cars according to the numbers I have (~3 per OPC at the time, though there are a fair number of left hook imports plumping up the number registered in the country) out of a global total of 1600. It looks like there will be rather more 991RS than that, though they will be spread over more countries so it is pretty speculative to try and call how many will ultimately land here at this point.

From what I had heard, most OPCs were expecting around 4? Not all OPCs are created equally though (otherwise 918 buyers and special customers such as Mark Webber {he took a 4 litre and 2RS, so I would expect that he might be in for the 991RS?} would surely somewhat more than eat Reading's car count) and groups with more than one Porsche franchise may also be moving cars between them to service preferred customers?

Mermaid

21,492 posts

171 months

Monday 30th March 2015
quotequote all
APOLO1 said:
Mermaid said:
Of course it does on PH's, less so on Mumsnet or Knitting world.

Do not disagree with you about the 4.0RS, but time value of money is also relevant. The CGT is barely 500k now (12 or so years after launch & starting at a higher price), and that far more special - although more manufactured.

You are right, owners talk them up. But buyers with lots of money also talk them back to reality. Do you think the market is rational at this stage in the economic cycle?
truthfully M, I find this RHD market here astonishing...I know some OPCs in Eu really well, when I tell em about the GT3 prices, they say," how many for that price."
Once again, I find myself agreeing with you today. The market is odd, and sustainability is a question front & centre.

DMC2

1,834 posts

211 months

Monday 30th March 2015
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DiscoColin said:
997.2RS was only 87 UK cars according to the numbers I have (~3 per OPC at the time, though there are a fair number of left hook imports plumping up the number registered in the country) out of a global total of 1600. It looks like there will be rather more 991RS than that, though they will be spread over more countries so it is pretty speculative to try and call how many will ultimately land here at this point.

From what I had heard, most OPCs were expecting around 4? Not all OPCs are created equally though (otherwise 918 buyers and special customers such as Mark Webber {he took a 4 litre and 2RS, so I would expect that he might be in for the 991RS?} would surely somewhat more than eat Reading's car count) and groups with more than one Porsche franchise may also be moving cars between them to service preferred customers?
Yip, some OPCs get quite a bit more than others. Mine is getting 6 (maybe 7) GT4s this year where most are getting 3 or 4. They are getting more RS than others and none are going to 918 customers.

isaldiri

18,573 posts

168 months

Monday 30th March 2015
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DiscoColin said:
997.2RS was only 87 UK cars according to the numbers I have (~3 per OPC at the time, though there are a fair number of left hook imports plumping up the number registered in the country) out of a global total of 1600. It looks like there will be rather more 991RS than that, though they will be spread over more countries so it is pretty speculative to try and call how many will ultimately land here at this point.
~130 7.2 RS I thought...? One would think given the FX rates PAG would try to divert more cars to the US/UK rather than euro region cars.... who knows anyway. Still hope people who want one get one in the end which more or less ultimately did happen for the 7.2s if I recall correctly.

Dave Sums

274 posts

134 months

Monday 30th March 2015
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APOLO1 said:
Mermaid said:
Of course it does on PH's, less so on Mumsnet or Knitting world.

Do not disagree with you about the 4.0RS, but time value of money is also relevant. The CGT is barely 500k now (12 or so years after launch & starting at a higher price), and that far more special - although more manufactured.

You are right, owners talk them up. But buyers with lots of money also talk them back to reality. Do you think the market is rational at this stage in the economic cycle?
truthfully M, I find this RHD market here astonishing...I know some OPCs in Eu really well, when I tell em about the GT3 prices, they say," how many for that price."
I don't find the market here odd if you compare it to property, say in UK to France or other European countries. On mainland you often get more space and character than you do in UK for same money and it's just all about what people are prepared to pay & supply/demand. There is a glut of GT cars in Europe so they will be cheaper. Plus in general we have more disposable income than many EU countries so prices will be higher as we can afford to pay the premium. I however couldn't bring myself to buy another Gen 2 997GT3RS for £160k when I sold one for £110k last year as it will only be used on track so I spent £107k on a LHD one and am spending £30k ish on KW3 /RSS suspension, CCX brakes, cup diff, sequential shifter, cup steering, cup wheels and slick tyres and I will have another fantastic track toy for much less than a standard RHD one. I will however pay north of £200k to add a RHD 991RS to my collection and I have already done my deal to that effect with a 918 owner through his friend and very happy with that deal. No intention now to flip it on later but to keep it and enjoy it for years to come on the track but of course if someone offers me £350K and I've had a few thousand miles I could be tempted:-)

sidicks

25,218 posts

221 months

Monday 30th March 2015
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Dave Sums said:
I don't find the market here odd if you compare it to property, say in UK to France or other European countries. On mainland you often get more space and character than you do in UK for same money and it's just all about what people are prepared to pay & supply/demand. There is a glut of GT cars in Europe so they will be cheaper. Plus in general we have more disposable income than many EU countries so prices will be higher as we can afford to pay the premium. I however couldn't bring myself to buy another Gen 2 997GT3RS for £160k when I sold one for £110k last year as it will only be used on track so I spent £107k on a LHD one and am spending £30k ish on KW3 /RSS suspension, CCX brakes, cup diff, sequential shifter, cup steering, cup wheels and slick tyres and I will have another fantastic track toy for much less than a standard RHD one. I will however pay north of £200k to add a RHD 991RS to my collection and I have already done my deal to that effect with a 918 owner through his friend and very happy with that deal. No intention now to flip it on later but to keep it and enjoy it for years to come on the track but of course if someone offers me £350K and I've had a few thousand miles I could be tempted:-)
While that is true to some extent, you can easily transport a car over here (and as has already been stated, LHD is no problem on track) so that's where the comparison with houses falls down!

Dave Sums

274 posts

134 months

Monday 30th March 2015
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sidicks said:
While that is true to some extent, you can easily transport a car over here (and as has already been stated, LHD is no problem on track) so that's where the comparison with houses falls down!
I hear you. All I am saying is I don't find the market odd. It's high yes (at the moment) that is a given fact but it's all relative. High house prices, high luxury goods prices, low unemployment compared to Europe etc etc. I live in Europe most of the time and one of the deciding factors was cheaper property, emptier roads for good blasts and generally better overall quality of life (IMO) and as I keep cars and houses and have offices for my business at home and abroad I'm pretty well placed to see it from both sides. Long may the prices of 911's stay high and keep growing, it makes them feel more special!

sidicks

25,218 posts

221 months

Monday 30th March 2015
quotequote all
Dave Sums said:
I hear you. All I am saying is I don't find the market odd. It's high yes (at the moment) that is a given fact but it's all relative. High house prices, high luxury goods prices, low unemployment compared to Europe etc etc. I live in Europe most of the time and one of the deciding factors was cheaper property, emptier roads for good blasts and generally better overall quality of life (IMO) and as I keep cars and houses and have offices for my business at home and abroad I'm pretty well placed to see it from both sides. Long may the prices of 911's stay high and keep growing, it makes them feel more special!
beer

hunter 66

3,905 posts

220 months

Monday 30th March 2015
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Remember when Porsche ownership was fun you Drove them tracked them , raced them and they never let you down and you had a laugh with your mates ( 64 Rs cost 24 k ) .......... still love them and own them ( only race versions ) but now more a loads of money scene sadly....
Thats life ...

sidicks

25,218 posts

221 months

Monday 30th March 2015
quotequote all
hunter 66 said:
Remember when Porsche ownership was fun you Drove them tracked them , raced them and they never let you down and you had a laugh with your mates ( 64 Rs cost 24 k ) .......... still love them and own them ( only race versions ) but now more a loads of money scene sadly....
Thats life ...
What's that in today's money??

A quick google for the relevant RPI change over the period suggests the car would be around £50k in today's money!!

Edited by sidicks on Monday 30th March 19:45

Tripe Bypass

582 posts

203 months

Monday 30th March 2015
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TDT said:
Well OPC Reading have one for sale - was in there today - up for £159K - I can't remember the deposit - but monthly repayments were £2499PCM for 36Months.

I was surprised to see it there tbh - but then seeing this thread bears out what is happening....
The Reading car is Richard Hammond's. He's getting a 991RS so his GT3 is going.

DT398

1,745 posts

148 months

Monday 30th March 2015
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APOLO1 said:
400k 4.0s when?, don't know to any at the level....I mean from a % point, over a say 6 12 month window....
I misunderstood you. When you said 4s I thought you meant £400ks not 4.0s!

ThirtySomething

172 posts

220 months

Monday 30th March 2015
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It is my opinion that the sudden increase in the number of cars is largely down to those who were lucky to get a 991RS allocation and are now looking to sell their GT3s prior to delivery in summer. Not everyone can afford to hold two cars or needs to have a GT3 and RS variant.

I also have a friend who has a GT3 but is seeking a RHD 991RS build slot. There were a number of deals brokered at 50k overs by the usual suspects, but now it seems owners are looking for north of 75k, which would take full spec cars to 215k+. If that is true, then the GT3 at these levels seems very good value in comparison, especially considering the performance difference is marginal. Demand for the RS is very strong and I honestly do not think you are going to see any significant numbers for sale before spring 2016 due to Porsche re-sale restrictions.

If anyone knows of a build slot available for less than 75k, please pm me and I will forward the details.

Mermaid

21,492 posts

171 months

Monday 30th March 2015
quotequote all
hunter 66 said:
Remember when Porsche ownership was fun you Drove them tracked them , raced them and they never let you down and you had a laugh with your mates ...


Then the brash capitalists arrived on the scene - higher, higher biggrin

APOLO1

5,256 posts

194 months

Monday 30th March 2015
quotequote all
ThirtySomething said:
, especially considering the performance difference is marginal.
On road, maybe, but on track whole new game...big lateral Gs..nos.....

APOLO1

5,256 posts

194 months

Monday 30th March 2015
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DT398 said:
I misunderstood you. When you said 4s I thought you meant £400ks not 4.0s!
no probs.....

isaldiri

18,573 posts

168 months

Monday 30th March 2015
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There is insanity then there is paying £50+k ove for a RHD 991RS, a car that is neither limited nor sure to be the end of it's type especially when there are LHD cars for a heck of a lot less even if one pays swiss prices. Still if money is no object why not....