991 GT3 RS - buy now or wait?
Discussion
rumbled said:
I'm not sure whether its related to Brexit but there seems to be a price correction in progress at the moment.
Nothing to do with Brexit IMO. Ive kept an eye on Euro prices and supply and demand rules will always win... 1. These crazy over's prices being paid are not the norm but the exception 2. There's huge choice on offer at the moment. All it takes is for a percentage of less greedy flippers to drop their prices to sell and still make (a more reasonable) overs and you'll have a price correction. It's already happening in Europe, suspect here as well.One thing is for sure these price corrections being seen is not indicative of this level of the market. Sure the top 1 - 2% £MM cars have had a haircut but looking at other marques (even other Porsches) trading seems to be 'healthy'.
This is less brexit and more about greed and risk of fingers getting burnt (which for flippers is never a bad thing)!
Slickhillsy said:
This is less brexit and more about greed and risk of fingers getting burnt (which for flippers is never a bad thing)!
Yeah I think you're probably right, there are too many of these cars (GT3 RS and Speciale specifically) available and the premiums are / were absurd so it was a matter of time until they came back down. As you say, good news for those of us who want to own one of these to use as intended.
rumbled said:
Yeah I think you're probably right, there are too many of these cars (GT3 RS and Speciale specifically) available and the premiums are / were absurd so it was a matter of time until they came back down.
As you say, good news for those of us who want to own one of these to use as intended.
Bloke I work with bought a Speciale for £350k last year as an investment....thinks it will be worth £700k in the next two or three year. He's just got no idea. One of his mates bought five LHD 4.0 RS's three years ago and clearly did very nicely out of it so he's trying to jump on the bandwagon. "It'll be the next 599 GTO". Classic "more money than sense". Car market is full of them. HR Owen are doing a brilliant jobn on him, they are currently trying to get him to buy an F12 "because it's the last naturally aspirated V12". I've seen a few highly specced cars/unusual colour cars sell for seemingly decent amounts more than that but there are now high spec cars up for less than £350k....As you say, good news for those of us who want to own one of these to use as intended.
GT4RS said:
Definitely a correction going on, and once a deflationary mindset take holds prices will continue to drop. Priced at this level buyers have a new mark they wont want to go over The fact that this hasn't sold instantly may be quite telling also(it may not be available)
gbrown2014 said:
GT4RS said:
Definitely a correction going on, and once a deflationary mindset take holds prices will continue to drop. Priced at this level buyers have a new mark they wont want to go over The fact that this hasn't sold instantly may be quite telling also(it may not be available)
997.2 RS seem to be coming up to meet them at nearly 200k and wonder if that means 991 RS will eventually end up near that too...
Just seen this one - http://www.pistonheads.com/classifieds/used-cars/p...
The price is £275k but the seats are 'normal', I thought the RS came with buckets only.
The price is £275k but the seats are 'normal', I thought the RS came with buckets only.
gbrown2014 said:
GT4RS said:
Definitely a correction going on, and once a deflationary mindset take holds prices will continue to drop. Priced at this level buyers have a new mark they wont want to go over The fact that this hasn't sold instantly may be quite telling also(it may not be available)
Edited by Tripe Bypass on Friday 10th June 15:52
Tripe Bypass said:
gbrown2014 said:
GT4RS said:
Definitely a correction going on, and once a deflationary mindset take holds prices will continue to drop. Priced at this level buyers have a new mark they wont want to go over The fact that this hasn't sold instantly may be quite telling also(it may not be available)
Edited by Tripe Bypass on Friday 10th June 15:52
gbrown2014 said:
Jimbo965 said:
Nope 212k all incl. A few cars sold early on at 300k but no longer. Some very good spec delivery mile cars available now mid 230s.
would'nt want to be the guy who forked out 300k for one of these when they first arrived,
gbrown2014 said:
would'nt want to be the guy who forked out 300k for one of these when they first arrived,
Yeah. And 212k is offer. Bid much have been say 20k lower. Still a significant amount over list so all parties are happy! That said how the hell are some cars on sale for 275k and others for 212k!What's quite depressing is the low three digit mileages on these cars for sale. Porsches are famed and seemingly bought for their everyday usability compared to their peers in all categories and the RS is no exception especially in 991 guise.
Salamander1978 said:
gbrown2014 said:
would'nt want to be the guy who forked out 300k for one of these when they first arrived,
Yeah. And 212k is offer. Bid much have been say 20k lower. Still a significant amount over list so all parties are happy! That said how the hell are some cars on sale for 275k and others for 212k!What's quite depressing is the low three digit mileages on these cars for sale. Porsches are famed and seemingly bought for their everyday usability compared to their peers in all categories and the RS is no exception especially in 991 guise.
v8ksn said:
Just seen this one - http://www.pistonheads.com/classifieds/used-cars/p...
The price is £275k but the seats are 'normal', I thought the RS came with buckets only.
Sorry, but what kind of a wThe price is £275k but the seats are 'normal', I thought the RS came with buckets only.
ker specs an RS with 'normal' seats??? 
Jimbo965 said:
Doubt if the dealers are buying them so something like 10k is the bid to offer for SOR. The cars at silly money will be stuck and eventually get taken back and driven or price will fall and end up with someone who will use. Another thread has numbers of these cars and UK 991 RS is over 200 so far and quite a few more could come up for sale
200 is not many cars ; production is nearly finished - odd one here or there - but they are going to be pretty rare things 
RSVP911 said:
Jimbo965 said:
Doubt if the dealers are buying them so something like 10k is the bid to offer for SOR. The cars at silly money will be stuck and eventually get taken back and driven or price will fall and end up with someone who will use. Another thread has numbers of these cars and UK 991 RS is over 200 so far and quite a few more could come up for sale
200 is not many cars ; production is nearly finished - odd one here or there - but they are going to be pretty rare things I'd love one by the way they are awesome beasts
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