Is the bubble about to burst?

[johnny senna]

Yep fellas, I too had a 993 RS and thrashed the living crap out of it. I lost count of the number of spins I had on track. Still, it only cost me £41,750.

Here's me having a moment at Oulton Park.

[Yellow491]

hunter 66 said:

Hahah , nice Red then Jimmy ........... Yes Slicks inside the 64 RS .....insane fun with the gang , drove like we stole them ...
Now all one lady owner pristine cars , original panels and paint ........ well sort of ..
Yes PhilRS you know the story ......... with one of the finest still in your hands , but the fun and magic has gone ......
Just threads and threads on value ................
If we had a huge one at the Ring ..... probably would have just left it and caught the plane home !!
Memories yes my friends
Ahhhh now back to the Pinot Noir .....

How much wine you had hunter😄,
What a poor excuse not drive the cars because they are worth so much,pathetic really.They dont cost any more to repair now than they did before.
Got some great film of two very rare 993rsr bumper to bumper a couple of weeks ago,great fun,not one mention of value or rarity,just the buz of a good drive thrashing these cars.They are now and forever to be driven and enjoyed!

[jimmyslr]

hunter 66 said:

Hahah , nice Red then Jimmy ........... Yes Slicks inside the 64 RS .....insane fun with the gang , drove like we stole them ...
Now all one lady owner pristine cars , original panels and paint ........ well sort of ..
Yes PhilRS you know the story ......... with one of the finest still in your hands , but the fun and magic has gone ......
Just threads and threads on value ................
If we had a huge one at the Ring ..... probably would have just left it and caught the plane home !!
Memories yes my friends
Ahhhh now back to the Pinot Noir .....

Funny you should mention that...

My 964 RS got left at that hotel near Spa. Knackered clutch. It came home a week later thanks to green flag and I borrowed a caterham at the 'Ring. Green flag dropped it straight at the menders - nice work

The trip home in November from the 'Ring when the 993 RS had bent suspension and wouldn't go straight (enthusiastic driving around the carousel) so we asked the team with the lorry to meet us in a lay-by so that we could put the RS on the lorry and drive home in the 993 RSR. That would be the RSR with thoroughly worn cup tyres and no fan/heater... What could go wrong on the few hundred miles through the sleet and freezing rain across Belgium? We decided that we couldn't breathe as the screen misted up. Didn't really work. Hairiest journey ever

I really am turning into an old fart

[SRT Hellcat]

johnny senna said:

Yep fellas, I too had a 993 RS and thrashed the living crap out of it. I lost count of the number of spins I had on track. Still, it only cost me £41,750.

Here's me having a moment at Oulton Park.

I remember your misadventure. I was there with Uncle VC. Myself and many many others felt so really bad for you. Weather was crap. I think I went out in my GT2 around 11am. I managed about three or four laps about four times due to red lights. I gave up and went home. Horrible day except I got to meet Nick Moss, Keith the badass with the Audi metallic blue GT2 and an old friend I had not seen since my teenage years. So at least there was an upside

[hunter 66]

Yellow two RSRs Bumper to Bumper ........... sounds like the old days ........ or just some old Guys ...

[PhilRS]

hunter 66 said:

Yellow two RSRs Bumper to Bumper ........... sounds like the old days ........ or just some old Guys ...

Or both :-)))

[hunter 66]

Haha ... sadly

[_Leg_]

_Leg_ said:

The price of collectible cars is extremely sane when you examine other collector item markets. How about $110,767,500 for a frankly horrible painting, an old dress and a used baseball?

You think any of these will be worth less now than when they were bought last? Nah.

$106.5M in 2010



$1,267,500 in 1999 (Once worn by Marilyn Monroe)



$3M in 1999 (Mark McGwire's 70th-home-run baseball)



I would say that a nice shiny car, that you can actually drive, is a bargain compared to this tat. It's just taken until now, until we are on the cusp of a change as we move rapidly towards electric cars that self drive, for collectible cars to catch up with other collector markets.

Edited by _Leg_ on Tuesday 15th November 22:41

By happy coincidence I just this minute read that that dress just sold again for £3,900,000 recently.

Collector car values are unbelievably sane by comparison.

[BigLion]

There is no bubble - just a price correction reflecting the re-emergence of liquidity in the market post the financial crisis in 2008+. My recommendation is don't put off buying something in the hope it will get cheaper in the future - chances are it won't.

Marry that up to the fact that your time left on this planet is rapidly diminishing and the fact that you can't take it with you means within reason:

Buy.

Enjoy.

Live life.

Edited by BigLion on Saturday 19th November 20:25

[mollytherocker]

BigLion said:

There is no bubble - just a price correction reflecting the re-emergence of liquidity in the market post the financial crisis in 2008+. My recommendation is don't put off buying something in the hope it will get cheaper in the future - chances are it won't.

Marry that up to the fact that your time left on this planet is rapidly diminishing and the fact that you can't take it with you means within reason:

Buy.

Enjoy.

Live life.

Edited by BigLion on Saturday 19th November 20:25

One hundred percent.

[Big Raff]

Probably not the right question to ask as it is not bubble related per se

I have a 997T but really really like the 991gt3. I live in London and drive 80% of the time there too so PDK is absolutely fine. The prices have been pretty stable for a while, almost down to 'as new' for a good spec used model. Now the question is will the new gt3 with the manual option hit these prices hard, relatively or not at all? I get that the manual option will make it THE one to have until the RS (may even take some of the shine away from the R) but I am presuming the engine will be a turbo which will also have an effect of some kind. As there are many GT3's on the market I am in no particular rush just spit balling.

Anyway...I am a drive it, enjoy it, use it to hell, barely wash it, put miles on it kind of car owner - but buying at the most sensible time makes for more enjoyment (and more to spend on mods).


I realise this may have been discussed already and for that I apologise...bringing up a thread where the clear answer was no

[Fokker]

Big Raff said:

Probably not the right question to ask as it is not bubble related per se

I have a 997T but really really like the 991gt3. I live in London and drive 80% of the time there too so PDK is absolutely fine. The prices have been pretty stable for a while, almost down to 'as new' for a good spec used model. Now the question is will the new gt3 with the manual option hit these prices hard, relatively or not at all? I get that the manual option will make it THE one to have until the RS (may even take some of the shine away from the R) but I am presuming the engine will be a turbo which will also have an effect of some kind. As there are many GT3's on the market I am in no particular rush just spit balling.

Anyway...I am a drive it, enjoy it, use it to hell, barely wash it, put miles on it kind of car owner - but buying at the most sensible time makes for more enjoyment (and more to spend on mods).


I realise this may have been discussed already and for that I apologise...bringing up a thread where the clear answer was no

I think the new one will have an effect on the 991.1 GT3 for sure although not huge amounts. You have to look a the current gap between the current 991 GT3 price and the RS equivalent which is currently just in the £200's so bank on the 991.2 hitting the used market at about £170 - 180k (this is slightly higher than some people predict but I think the manual will add to the drama on the used market) bringing the 991.1 GT3 down towards what, 100k for a base spec to 125k for a well spec'd car so you'd be looking at losing about 15 - 20k from current prices. Personally, i would wait.

I could be completely wrong of course but thats my guesstimate.

[av185]

Big Raff said:

Probably not the right question to ask as it is not bubble related per se

I have a 997T but really really like the 991gt3 but I am presuming the engine will be a turbo which will also have an effect of some kind.

Next years 991.2 GT3 will retain normal aspiration.

991.1 GT3s still sell at a premium retail but trade bids are around list for reasonable cars. Pressure on prices of these gen 1 cars will continue especially into Winter and next year as the first gen 2 cars are delivered.

[gbrown2014]

Big Raff said:

Probably not the right question to ask as it is not bubble related per se

I have a 997T but really really like the 991gt3. I live in London and drive 80% of the time there too so PDK is absolutely fine. The prices have been pretty stable for a while, almost down to 'as new' for a good spec used model. Now the question is will the new gt3 with the manual option hit these prices hard, relatively or not at all? I get that the manual option will make it THE one to have until the RS (may even take some of the shine away from the R) but I am presuming the engine will be a turbo which will also have an effect of some kind. As there are many GT3's on the market I am in no particular rush just spit balling.

Anyway...I am a drive it, enjoy it, use it to hell, barely wash it, put miles on it kind of car owner - but buying at the most sensible time makes for more enjoyment (and more to spend on mods).


I realise this may have been discussed already and for that I apologise...bringing up a thread where the clear answer was no

This is a particularly tough one to call, as i think the importance of the manual box is slightly overplayed on here. Its likely the new gt3 will be offered with the option of both boxes, which will have an negative effect on the .1 value as there's a newer better gt3 available with a pdk box, if it was manual only I imagine this would only strengthen the .1 value. I think more of a concern would be around the chocolate engines, cars are getting on a bit now and i would not be wanting to fit the bill for a new engine. Hence I think they will dump in value in the next couple of years because of the risk involved and the .2 also having the option of a pdk

but who knows...

[av185]

gbrown2014 said:

I think more of a concern would be around the chocolate engines, cars are getting on a bit now and i would not be wanting to fit the bill for a new engine. Hence I think they will dump in value in the next couple of years because of the risk involved ..

Doubtful.

The initial engine replacement issues had zero effect on values hence prices climbed to £175k at their peak.

Only a fool runs a GT3 especially a 991 without warranty.

[av185]

anonymous said:

[redacted]

Although looking at recent sale prices of the 458 with even £150k (retail) still achieveable on the earliest 2010 cars of which are hardly rare with c 1200 in the UK, prices could remain strong for some considerable time.

[Fokker]

anonymous said:

[redacted]

Good question! Also with the manual version being available again in the new generation could cause some ripples. This might be good for those people who actually want a 997.1 or 2 as prices may soften although you could argue that the hydraulic steering and Metzger will bolster values.

All it takes is for people to swap and trade in for the new model for used numbers to increase and prices to fall. If the 991.2 allocation is larger as is suspected on here then there will be more of every generation on the market.

I just want a 997.2 GT3 RS to be about 80k less than it is now!

[Digga]

The GT3 sub-brand is iconic. It is recognised not just by 'Porsche people', but also by non-Porsche petrolheads, and even by the non-petrolhead (don't laugh, it is possible to live like that) general public. It's always going to be an outlier to the rest of the market, even if that does not equate to 'prices will never go down'.

[Big Raff]

Thanks for the answers...I know it is all a little bit up in the air still (thank you for also confirming that it will be NA). I guess wait until launch Detroit/Geneva and take it from there.

[Digga]

Big Raff said:

Thanks for the answers...I know it is all a little bit up in the air still (thank you for also confirming that it will be NA). I guess wait until launch Detroit/Geneva and take it from there.

Coincidentally, I'm one rung down the ladder from you on both counts; currently in a 996tt and pondering an upgrade to a 997 GT3...