991 GT3 RS - buy now or wait?

991 GT3 RS - buy now or wait?

Author
Discussion

Slickhillsy

1,772 posts

143 months

Tuesday 9th August 2016
quotequote all
MDL111 said:
Slickhillsy said:
MDL111 said:
Slickhillsy said:
Had another look at the Euro RS trend and prices still dropping - https://www.autoscout24.com/classified-detail/deta...

209K Euro's is still some way over what roughly is a 160k - 170K Euro car list however (question) if these things keep dropping is there every chance the 997.2 car could command a higher value?

For a car of this quality and level there must surely be a bottom (reaches for crystal ball)
I am missing something crucial here - when was a 991 RS a 160-170k list car. List price was c. 182k and specced cars were nudging 200k (full spec was actually >200k).
Ok confused.com

UK list was circa £130K + options £150K +/ -
Euro price, well dreaded CCY fluctuations don't help but £130K to Euro (allowing for previously better rates) would be circa 160K Euros (actually 151,950 Euros today). Assuming the pricing was just a straight ccy conversion if ordered in Europe. I could be wrong smile
List price: 181,690 - back of the envelope the above car would have been in excess of 195k list

Porsche in the UK have been relatively cheap for a while - as a comp a Turbo S costs the same as a Ferrari 488 list in Germany, while in the UK there is a significant gap from memory

you can download the price list here (and I assume you can still configure a car on the configurator): http://www.porsche.com/germany/models/911/911-gt3-...
Interesting - I never knew that, thx. So as you say the 209K car is nearing it's rough sticker price.

MDL111

6,931 posts

177 months

Tuesday 9th August 2016
quotequote all
Slickhillsy said:
MDL111 said:
Slickhillsy said:
MDL111 said:
Slickhillsy said:
Had another look at the Euro RS trend and prices still dropping - https://www.autoscout24.com/classified-detail/deta...

209K Euro's is still some way over what roughly is a 160k - 170K Euro car list however (question) if these things keep dropping is there every chance the 997.2 car could command a higher value?

For a car of this quality and level there must surely be a bottom (reaches for crystal ball)
I am missing something crucial here - when was a 991 RS a 160-170k list car. List price was c. 182k and specced cars were nudging 200k (full spec was actually >200k).
Ok confused.com

UK list was circa £130K + options £150K +/ -
Euro price, well dreaded CCY fluctuations don't help but £130K to Euro (allowing for previously better rates) would be circa 160K Euros (actually 151,950 Euros today). Assuming the pricing was just a straight ccy conversion if ordered in Europe. I could be wrong smile
List price: 181,690 - back of the envelope the above car would have been in excess of 195k list

Porsche in the UK have been relatively cheap for a while - as a comp a Turbo S costs the same as a Ferrari 488 list in Germany, while in the UK there is a significant gap from memory

you can download the price list here (and I assume you can still configure a car on the configurator): http://www.porsche.com/germany/models/911/911-gt3-...
Interesting - I never knew that, thx. So as you say the 209K car is nearing it's rough sticker price.
yup, also there are cars listed for 215k with delivery miles, I assume you could get those quite close to list given how many are for sale.

to the 997.2 RS vs 991 RS point - I do think eventually the 997 will overtake the 991 as they are likely to be much rarer cars and the 991.1 will just be replaced by a similar but better 991.2 (while the 997 might still stand as the last manual affordable RS).

Having said that, it would not surprise me if both of these cars eventually half in value (cheapest 997.2 RS were at 100k not so long ago, see how cheap 964/993 RS cars were not even 10 years ago) as neither is particularly rare or collectable (that honor will probably go the the 991 R and the 997 4.0).

So from a monetary point of view, I am not sure now is the time to buy - how much driving pleasure would you have to forego though until the market corrects (or if it keeps rising, you might never get a car as cheaply is now) is a different story and life is short ...

Slickhillsy

1,772 posts

143 months

Tuesday 9th August 2016
quotequote all
MDL111 said:
Slickhillsy said:
MDL111 said:
Slickhillsy said:
MDL111 said:
Slickhillsy said:
Had another look at the Euro RS trend and prices still dropping - https://www.autoscout24.com/classified-detail/deta...

209K Euro's is still some way over what roughly is a 160k - 170K Euro car list however (question) if these things keep dropping is there every chance the 997.2 car could command a higher value?

For a car of this quality and level there must surely be a bottom (reaches for crystal ball)
I am missing something crucial here - when was a 991 RS a 160-170k list car. List price was c. 182k and specced cars were nudging 200k (full spec was actually >200k).
Ok confused.com

UK list was circa £130K + options £150K +/ -
Euro price, well dreaded CCY fluctuations don't help but £130K to Euro (allowing for previously better rates) would be circa 160K Euros (actually 151,950 Euros today). Assuming the pricing was just a straight ccy conversion if ordered in Europe. I could be wrong smile
List price: 181,690 - back of the envelope the above car would have been in excess of 195k list

Porsche in the UK have been relatively cheap for a while - as a comp a Turbo S costs the same as a Ferrari 488 list in Germany, while in the UK there is a significant gap from memory

you can download the price list here (and I assume you can still configure a car on the configurator): http://www.porsche.com/germany/models/911/911-gt3-...
Interesting - I never knew that, thx. So as you say the 209K car is nearing it's rough sticker price.
yup, also there are cars listed for 215k with delivery miles, I assume you could get those quite close to list given how many are for sale.

to the 997.2 RS vs 991 RS point - I do think eventually the 997 will overtake the 991 as they are likely to be much rarer cars and the 991.1 will just be replaced by a similar but better 991.2 (while the 997 might still stand as the last manual affordable RS).

Having said that, it would not surprise me if both of these cars eventually half in value (cheapest 997.2 RS were at 100k not so long ago, see how cheap 964/993 RS cars were not even 10 years ago) as neither is particularly rare or collectable (that honor will probably go the the 991 R and the 997 4.0).

So from a monetary point of view, I am not sure now is the time to buy - how much driving pleasure would you have to forego though until the market corrects (or if it keeps rising, you might never get a car as cheaply is now) is a different story and life is short ...
I tend to agree. These prices as well as 997.2 RS's are actually on a downward trajectory (celling has been reached). Cant see them returning to prices of old but definitely some monies to be shed.

There really seems to be a real glut of 991 RS's - from that I assume they were made in much higher numbers than ever before for an RS model?

MDL111

6,931 posts

177 months

Tuesday 9th August 2016
quotequote all
Slickhillsy said:
MDL111 said:
Slickhillsy said:
MDL111 said:
Slickhillsy said:
MDL111 said:
Slickhillsy said:
Had another look at the Euro RS trend and prices still dropping - https://www.autoscout24.com/classified-detail/deta...

209K Euro's is still some way over what roughly is a 160k - 170K Euro car list however (question) if these things keep dropping is there every chance the 997.2 car could command a higher value?

For a car of this quality and level there must surely be a bottom (reaches for crystal ball)
I am missing something crucial here - when was a 991 RS a 160-170k list car. List price was c. 182k and specced cars were nudging 200k (full spec was actually >200k).
Ok confused.com

UK list was circa £130K + options £150K +/ -
Euro price, well dreaded CCY fluctuations don't help but £130K to Euro (allowing for previously better rates) would be circa 160K Euros (actually 151,950 Euros today). Assuming the pricing was just a straight ccy conversion if ordered in Europe. I could be wrong smile
List price: 181,690 - back of the envelope the above car would have been in excess of 195k list

Porsche in the UK have been relatively cheap for a while - as a comp a Turbo S costs the same as a Ferrari 488 list in Germany, while in the UK there is a significant gap from memory

you can download the price list here (and I assume you can still configure a car on the configurator): http://www.porsche.com/germany/models/911/911-gt3-...
Interesting - I never knew that, thx. So as you say the 209K car is nearing it's rough sticker price.
yup, also there are cars listed for 215k with delivery miles, I assume you could get those quite close to list given how many are for sale.

to the 997.2 RS vs 991 RS point - I do think eventually the 997 will overtake the 991 as they are likely to be much rarer cars and the 991.1 will just be replaced by a similar but better 991.2 (while the 997 might still stand as the last manual affordable RS).

Having said that, it would not surprise me if both of these cars eventually half in value (cheapest 997.2 RS were at 100k not so long ago, see how cheap 964/993 RS cars were not even 10 years ago) as neither is particularly rare or collectable (that honor will probably go the the 991 R and the 997 4.0).

So from a monetary point of view, I am not sure now is the time to buy - how much driving pleasure would you have to forego though until the market corrects (or if it keeps rising, you might never get a car as cheaply is now) is a different story and life is short ...
I tend to agree. These prices as well as 997.2 RS's are actually on a downward trajectory (celling has been reached). Cant see them returning to prices of old but definitely some monies to be shed.

There really seems to be a real glut of 991 RS's - from that I assume they were made in much higher numbers than ever before for an RS model?
Don't know actual build numbers, but read rumours on various forums of up to 6k cars (one guy I met at a dinner said 9k cars). I remember when initially announced people were saying 900 cars tops (or rarely any freely available as most would go to 918 owners etc ....) - wonder if this rumour was put out there on purpose to make sure every last one they can build could get sold due to perceived limited availability as opposed to real limited availability ala 911R

hunter 66

3,905 posts

220 months

Tuesday 9th August 2016
quotequote all
They are cars and can lose money ......... lost on all my GT3 s in the past it is called depreciation .... enjoy them

Slickhillsy

1,772 posts

143 months

Tuesday 9th August 2016
quotequote all
hunter 66 said:
They are cars and can lose money ......... lost on all my GT3 s in the past it is called depreciation .... enjoy them
Really... rolleyes

hornbaek

3,675 posts

235 months

Wednesday 10th August 2016
quotequote all
The higher production numbers of the GT3 RS is because it is a great car which is more versatile than previous RS models hence the popularity. It is only obvious that premiums will go down as supply now meets demand but that doesn't change the fact that it is a great car. Buy one at around list and you will not be disappointed. Yes you cant wait a bit longer but from September onwards you might as well put it in the garage and wait for another 6 months before you can enjoy it.

RSVP911

8,192 posts

133 months

Wednesday 10th August 2016
quotequote all
hornbaek said:
The higher production numbers of the GT3 RS is because it is a great car which is more versatile than previous RS models hence the popularity. It is only obvious that premiums will go down as supply now meets demand but that doesn't change the fact that it is a great car. Buy one at around list and you will not be disappointed. Yes you cant wait a bit longer but from September onwards you might as well put it in the garage and wait for another 6 months before you can enjoy it.
Agree with this , it really is an awesome car and all this value st could make people think otherwise as people get confused / lines blur , between the car and its value .

The only thing I'd disagree with is the window that you can't drive it - I think this is a tiny window - basically snow and ice would not be the best conditions for a 991RS , but if you wanted to everything else is fine as long as you are careful (grip levels in the cold need a bit of thought) There is an argument that says what's the point / not what the RS is for , which I get - but if you want to use it as a daily it's very daily friendly - that's it's genius I guess - 2 cars in one , very sexy package - got to love them smile



Edited by RSVP911 on Wednesday 10th August 08:56

gunner

709 posts

230 months

Wednesday 10th August 2016
quotequote all
Are they still building them and if so when does the build run end?Clearly there are still several unregistered cars out there as owners await Sept registration...

RSVP911

8,192 posts

133 months

Wednesday 10th August 2016
quotequote all
gunner said:
Are they still building them and if so when does the build run end?Clearly there are still several unregistered cars out there as owners await Sept registration...
Not 100% sure , but I think builds are all but done smile

Slickhillsy

1,772 posts

143 months

Wednesday 10th August 2016
quotequote all
RSVP911 said:
hornbaek said:
The higher production numbers of the GT3 RS is because it is a great car which is more versatile than previous RS models hence the popularity. It is only obvious that premiums will go down as supply now meets demand but that doesn't change the fact that it is a great car. Buy one at around list and you will not be disappointed. Yes you cant wait a bit longer but from September onwards you might as well put it in the garage and wait for another 6 months before you can enjoy it.
Agree with this , it really is an awesome car and all this value st could make people think otherwise as people get confused / lines blur , between the car and its value .

The only thing I'd disagree with is the window that you can't drive it - I think this is a tiny window - basically snow and ice would not be the best conditions for a 991RS , but if you wanted to everything else is fine as long as you are careful (grip levels in the cold need a bit of thought) There is an argument that says what's the point / not what the RS is for , which I get - but if you want to use it as a daily it's very daily friendly - that's it's genius I guess - 2 cars in one , very sexy package - got to love them smile



Edited by RSVP911 on Wednesday 10th August 08:56
Completely agree – I think they are stunning machines, a real watershed moment for Porsche…

RSVP911

8,192 posts

133 months

Wednesday 10th August 2016
quotequote all
Slickhillsy said:
Completely agree – I think they are stunning machines, a real watershed moment for Porsche…
Rather than a water cooled one smile

VerySideways

10,238 posts

272 months

Wednesday 10th August 2016
quotequote all
RSVP911 said:
Not 100% sure , but I think builds are all but done smile
Don't think so, a mate is expecting his around first week of October.
Can't take 8 weeks from factory finished to delivery... can it?

RSVP911

8,192 posts

133 months

Wednesday 10th August 2016
quotequote all
VerySideways said:
Don't think so, a mate is expecting his around first week of October.
Can't take 8 weeks from factory finished to delivery... can it?
No you're right it can't , sorry , my bad smile

isaldiri

18,565 posts

168 months

Wednesday 10th August 2016
quotequote all
VerySideways said:
Don't think so, a mate is expecting his around first week of October.
Can't take 8 weeks from factory finished to delivery... can it?
That's a UK car arriving Oct?

VerySideways

10,238 posts

272 months

Wednesday 10th August 2016
quotequote all
isaldiri said:
That's a UK car arriving Oct?
That's what he's been told. Think it's the last build slot at his OPC.

robgt3

2,585 posts

162 months

Thursday 11th August 2016
quotequote all
VerySideways said:
That's what he's been told. Think it's the last build slot at his OPC.
I was told final build was the end of July. There are apparently a number of cars awaiting undisclosed parts which are currently unavailable combine this with the factory shut down and that is why your friend still has a bit of a wait.

isaldiri

18,565 posts

168 months

Thursday 11th August 2016
quotequote all
VerySideways said:
That's what he's been told. Think it's the last build slot at his OPC.
Interesting, ok tks.

LaSource

2,622 posts

208 months

Thursday 11th August 2016
quotequote all
RSVP911 said:
Agree with this , it really is an awesome car and all this value st could make people think otherwise as people get confused / lines blur , between the car and its value .

The only thing I'd disagree with is the window that you can't drive it - I think this is a tiny window - basically snow and ice would not be the best conditions for a 991RS , but if you wanted to everything else is fine as long as you are careful (grip levels in the cold need a bit of thought) There is an argument that says what's the point / not what the RS is for , which I get - but if you want to use it as a daily it's very daily friendly - that's it's genius I guess - 2 cars in one , very sexy package - got to love them smile



Edited by RSVP911 on Wednesday 10th August 08:56
I do track days in November and December - infact we have a big gathering in December. Yes, it could be snowed off, yes we won't be setting lap records if the ambient is below 7 degrees....

I think the winter 'shutdown' is a lot shorter than 6 months. Probably mid Dec-end Jan mainly.

robgt3

2,585 posts

162 months

Thursday 11th August 2016
quotequote all
robgt3 said:
VerySideways said:
That's what he's been told. Think it's the last build slot at his OPC.
I was told final build was the end of July. There are apparently a number of cars awaiting undisclosed parts which are currently unavailable combine this with the factory shut down and that is why your friend still has a bit of a wait.
Mine was delayed because of the supply of the fixed bucket 918 style seats.