Is the bubble about to burst?

Is the bubble about to burst?

Author
Discussion

Adam B

27,262 posts

255 months

Tuesday 23rd August 2016
quotequote all
The turbo 3.6? Cashing out on a high or fancy a change - either way you have done very well.

Did you tone down any interior bits in the end?

Legacywr

12,148 posts

189 months

Tuesday 23rd August 2016
quotequote all
Yes, the 3.6T, I don't use it, I have too many cars, and I do prefer my oval badge cars smile

tracydeedance

786 posts

180 months

Tuesday 23rd August 2016
quotequote all
I think new cars like GT4 & 981 Spyder after the mad buying rush for those who never got a new one bought cars hugely over list are probably people that could afford to go the extra over list prices.
But the market has slowed down and prices have softened I can see these prices lowering in the next few months to attract people who can afford or want nearer to list prices.
Older models might stay similar to what they are now .
Models like the 987 Spyder and Cayman R are steady climbers.
Only my opinion of course from what I am seeing in the market.

djharv

10 posts

93 months

Wednesday 24th August 2016
quotequote all
tracydeedance said:
I think new cars like GT4 & 981 Spyder after the mad buying rush for those who never got a new one bought cars hugely over list are probably people that could afford to go the extra over list prices.
But the market has slowed down and prices have softened I can see these prices lowering in the next few months to attract people who can afford or want nearer to list prices.
Older models might stay similar to what they are now .
Models like the 987 Spyder and Cayman R are steady climbers.
Only my opinion of course from what I am seeing in the market.
I hope you're right on the 981 I am hoping to wait until they land at sensible prices. I would agree with you on the 987 as well but having looked at a couple 3 years ago and not taken the plunge they have not shifted as much as I would have thought in that time so might mean they is more value in them over time.
I missed the boat by a couple of years when I got the 997.2 GT3 earlier this year but thought it better be now or never. And I have to say my trusty old 996 C4S still makes me smile every time I take it out and has to be one of the rare bargains out there at the moment at not much more than 25k for a good one. Might never make me much money but I don't care it's a keeper anyway!

av185

18,514 posts

128 months

Thursday 25th August 2016
quotequote all
djharv said:
I hope you're right on the 981 I am hoping to wait until they land at sensible prices.
Don't hold your breath......991 GT3 still selling at way over list even for almost 3 year old cars with 10k +miles and little warranty left.........

tracydeedance

786 posts

180 months

Thursday 25th August 2016
quotequote all
Well let's hope so for the 981 it's way over priced for a new car not got a problem with cars above list that have been around a few years but really hacks me off seeing cars flipped within a couple of months for 30/40 k over. Really did these people ever want the car in the first place.
Only my thoughts of course we all see things differently and have our own ideas.

mollytherocker

14,366 posts

210 months

Thursday 25th August 2016
quotequote all
av185 said:
Don't hold your breath......991 GT3 still selling at way over list even for almost 3 year old cars with 10k +miles and little warranty left.........
I certainly didnt predict that. I thought they would be 70/80 by now!

n12maser

581 posts

93 months

Thursday 25th August 2016
quotequote all
Legacywr said:
Yes, the 3.6T, I don't use it, I have too many cars, and I do prefer my oval badge cars smile
there's an auction of high end aircooled including a 964 Turbo S coming up on 7th Sep at Sotherbys. That should help give an indication of the market. Couple of well known porsche specialist dealers have mentioned to me a few months back that the mkt is very quiet for these kind of cars, not getting the level of enquiries they were getting say last year. but that discussion was pre Brexit before the £ tanked...

n12maser

581 posts

93 months

isaldiri

18,606 posts

169 months

Thursday 25th August 2016
quotequote all
mollytherocker said:
I certainly didnt predict that. I thought they would be 70/80 by now!
Impressive the (even now ongoing) issues have not affected the 991gt3 in any significant way agreed.

Budweiser

1,081 posts

185 months

Friday 26th August 2016
quotequote all

Digga

40,349 posts

284 months

Friday 26th August 2016
quotequote all
Budweiser said:
Isn't that a fairly sensible price?

tuffer

8,850 posts

268 months

Friday 26th August 2016
quotequote all
Digga said:
Budweiser said:
Isn't that a fairly sensible price?
If you consider 25% over list price for a 2 year old car sensible, then yes.

Digga

40,349 posts

284 months

Friday 26th August 2016
quotequote all
tuffer said:
Digga said:
Budweiser said:
Isn't that a fairly sensible price?
If you consider 25% over list price for a 2 year old car sensible, then yes.
I thought they listed at around £110k?

Digga

40,349 posts

284 months

Friday 26th August 2016
quotequote all
Digga said:
tuffer said:
Digga said:
Budweiser said:
Isn't that a fairly sensible price?
If you consider 25% over list price for a 2 year old car sensible, then yes.
Yes, I thought they listed at around £110k?

Alpinestars

13,954 posts

245 months

Friday 26th August 2016
quotequote all
Digga said:
tuffer said:
Digga said:
Budweiser said:
Isn't that a fairly sensible price?
If you consider 25% over list price for a 2 year old car sensible, then yes.
I thought they listed at around £110k?
From memory, that spec would have been mid 120s. PCCBs, lift, etc.

Digga

40,349 posts

284 months

Friday 26th August 2016
quotequote all
Alpinestars said:
Digga said:
tuffer said:
Digga said:
Budweiser said:
Isn't that a fairly sensible price?
If you consider 25% over list price for a 2 year old car sensible, then yes.
I thought they listed at around £110k?
From memory, that spec would have been mid 120s. PCCBs, lift, etc.
So about 20% premium on an OPC, low-mileage example of a car money simply cannot buy new. It's no bargain, but it's not a 'bubble' either IMHO, not that I am in that rarefied market.

Alpinestars

13,954 posts

245 months

Friday 26th August 2016
quotequote all
Digga said:
So about 20% premium on an OPC, low-mileage example of a car money simply cannot buy new. It's no bargain, but it's not a 'bubble' either IMHO, not that I am in that rarefied market.
Agreed. The very low miles (matters to some) sets it apart from some of the others. I still think it might take a while to shift.

Digga

40,349 posts

284 months

Friday 26th August 2016
quotequote all
Alpinestars said:
Agreed. The very low miles (matters to some) sets it apart from some of the others. I still think it might take a while to shift.
Someone nearly as daft, but considerable wealthier than me will be along soon to ask nicely if they might be allowed buy it. Please. Thank you.

tuffer

8,850 posts

268 months

Friday 26th August 2016
quotequote all
10 for sale on the dealer network alone, interestingly only 9 GTS's.....Maybe I should ask for a premium.