991 GT3 Prices - 50 cars available!

991 GT3 Prices - 50 cars available!

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Discussion

TrackTwit

423 posts

125 months

Thursday 28th May 2015
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The White 991 GT3 at JZ dropped by £8,000 in the last week, still not sold. They have 4 in the showroom.

Speculators, GT4 and RS buyers are dumping their cars.

GT4RS

4,395 posts

196 months

Thursday 28th May 2015
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The question is do you buy a over priced 997 gt3 for 90k or wait till it's more up to date brothers drops back to list smile

V8KSN

4,711 posts

183 months

Friday 29th May 2015
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GT4RS said:
The question is do you buy a over priced 997 gt3 for 90k or wait till it's more up to date brothers drops back to list smile
I think the fact that one has a manual gearbox and the other one has PDK-S will have a greater bearing on the decision process than the money it costs to sit in the seat.

Mario149

7,750 posts

177 months

Friday 29th May 2015
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J-P said:
Mario149 said:
This whole seasonal thing is a load of cobblers. Voicey in the Ferrari section here has software that monitors several modern models of Ferrari for sale on PH that he publishes and to my recollection there's been precisely zero measurable cyclical change according to season on average. There are more cars for sale in spring/summer with more punters looking, and in winter there are fewer cars for sale with fewer punters looking, it basically all evens out and relative demand remains constant.
Probably not many Ferrari drivers who want to use their car for track days, whereas GT3 owners do want to use their cars for track days, so demand for GT3s should be higher during the track day season, in theory at least anyway.
I take your point, but I suspect the proportion of GT3 (prospective) owners who (would) regularly use their car on track such that it seriously influences the timing of their buying decision is rather small and dropping all the time as prices rise.

As I said, I've never seen any evidence that shows any meaningful seasonal variation in supercar-ish level prices, it's all anecdotal from us punters who like to think we're getting one over on dealers.

PorscheGT4

21,146 posts

264 months

Friday 29th May 2015
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Mario149 said:
I take your point, but I suspect the proportion of GT3 (prospective) owners who (would) regularly use their car on track such that it seriously influences the timing of their buying decision is rather small and dropping all the time as prices rise.

As I said, I've never seen any evidence that shows any meaningful seasonal variation in supercar-ish level prices, it's all anecdotal from us punters who like to think we're getting one over on dealers.
always has been for GT3

a few come up for sale Jan onwards and you can always buy till about May, then it's normally none for sale in the summer, then a few start to come up end Sept, hence a lot have 7 or 8 owners,
GT3 is VERY seasonal I have been following these for about 10 years. 996 have calmed down sale wise as more and more find long term owners, and this year people are cashing in on the big prices esp 997 owners, 997.2 cars have always been rare to buy at any point but very few for sale now and imo the car to have out of them all looking at prices and age.

robgt3

2,585 posts

161 months

Friday 29th May 2015
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Looking at the cars now for sale currently there are 19 at OPC's. Many of those being offered on Autotrader are speculator cars having had multiple owners. If I was looking to source one I would stick with the main dealer ones. One previous owner and full Porsche UK back up would be worth a lot in the event of a problem and for when the time came to sell. Being told to take back to where it came from should an issue develop would not sit well when you have spent £150,000 plus. Also trying to command a high price in the future and explaining away 6 or 7 owners could prove a little difficult. I am very aware that with the RS OPC's are being very particular where the car goes.

Just in the name of research I contacted a Porsche dealer to enquire about a GT3 that they were selling at a high level price. After much haggling I managed a very low amount of discount. The car and the asking price was not perceived to be a problem. I was also told that a memo is circulating which states that the factory may not be able to fulfil all outstanding RS orders. So to those people seeking to sell their GT3's on the basis that they are to get an RS in the future beware ! The situation could be no RS and no GT3!



SFO

5,162 posts

182 months

Friday 29th May 2015
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robgt3 said:
Being told to take back to where it came from should an issue develop would not sit well when you have spent £150,000 plus.
Factory warranty means you can take to any Porsche dealer ..

robgt3

2,585 posts

161 months

Friday 29th May 2015
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SFO said:
robgt3 said:
Being told to take back to where it came from should an issue develop would not sit well when you have spent £150,000 plus.
Factory warranty means you can take to any Porsche dealer ..
The dealer network is tight plus they communicate with one another. I guarantee the response to any problem will be far more sympathetic if if they know that the car has not dropped out of their network particularly if any perceived problem is of a minor nature. I took my GT3 back for an oil and filter change at 2000 miles. I was loaned a as new Macan. I am sure had I sourced my car from a indie and it had 6 owners things would not have been the same.

PorscheGT4

21,146 posts

264 months

Friday 29th May 2015
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only tight within group imo.


ThirtySomething

Original Poster:

172 posts

219 months

Friday 29th May 2015
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robgt3 said:
Looking at the cars now for sale currently there are 19 at OPC's. Many of those being offered on Autotrader are speculator cars having had multiple owners. If I was looking to source one I would stick with the main dealer ones. One previous owner and full Porsche UK back up would be worth a lot in the event of a problem and for when the time came to sell. Being told to take back to where it came from should an issue develop would not sit well when you have spent £150,000 plus. Also trying to command a high price in the future and explaining away 6 or 7 owners could prove a little difficult. I am very aware that with the RS OPC's are being very particular where the car goes.

Just in the name of research I contacted a Porsche dealer to enquire about a GT3 that they were selling at a high level price. After much haggling I managed a very low amount of discount. The car and the asking price was not perceived to be a problem. I was also told that a memo is circulating which states that the factory may not be able to fulfil all outstanding RS orders. So to those people seeking to sell their GT3's on the basis that they are to get an RS in the future beware ! The situation could be no RS and no GT3!
LOL. You're obviously not very good at haggling. You should have turned the question in the "name of research" and asked the OPC how much he would give you for your one owner 991GT3 !!

Furthermore, that OPC is telling you porkies .... there is no such memo. In fact its pretty much the opposite, rumors of increased production. And as I mentioned already, 991GT3 are still being delivered !

One more thing, 20 on OPC now, not 19 ! smile





Edited by ThirtySomething on Friday 29th May 12:14

Mario149

7,750 posts

177 months

Friday 29th May 2015
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PorscheGT4 said:
always has been for GT3

a few come up for sale Jan onwards and you can always buy till about May, then it's normally none for sale in the summer, then a few start to come up end Sept, hence a lot have 7 or 8 owners,
GT3 is VERY seasonal I have been following these for about 10 years. 996 have calmed down sale wise as more and more find long term owners, and this year people are cashing in on the big prices esp 997 owners, 997.2 cars have always been rare to buy at any point but very few for sale now and imo the car to have out of them all looking at prices and age.
Fair enough, the sales volumes may be very seasonal, but I doubt the prices are (or at least weren't until we had the crazy rises over the last few years)

The problem with the idea that prices are significantly cheaper off season is that if they genuinely were, it would be easily demonstrable and people would take full advantage of it, meaning demand would go up and hence so would prices meaning we'd be back to where we started. If you were spending £80K on a particular model of car (say GT3) and there was hard evidence that if you bought it in December it would be £5k cheaper than if you bought the same car in March, you'd damn well buy it in December

Edited by Mario149 on Friday 29th May 13:05

DT398

1,745 posts

147 months

Friday 29th May 2015
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robgt3 said:
Just in the name of research I contacted a Porsche dealer to enquire about a GT3 that they were selling at a high level price. After much haggling I managed a very low amount of discount. The car and the asking price was not perceived to be a problem. I was also told that a memo is circulating which states that the factory may not be able to fulfil all outstanding RS orders. So to those people seeking to sell their GT3's on the basis that they are to get an RS in the future beware ! The situation could be no RS and no GT3!
So you expressed an interest in a 991GT3 and the salesman alluded to a memo that 991RS orders might not be fulfilled, thereby making the 991GT3 look more desirable? Whatever next....

Skittles001

665 posts

262 months

Friday 29th May 2015
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robgt3 said:
The dealer network is tight plus they communicate with one another. I guarantee the response to any problem will be far more sympathetic if if they know that the car has not dropped out of their network particularly if any perceived problem is of a minor nature. I took my GT3 back for an oil and filter change at 2000 miles. I was loaned a as new Macan. I am sure had I sourced my car from a indie and it had 6 owners things would not have been the same.
Rob, not disputing your experiences in any way but I had a very different one. I had a low miler one owner car I bought from Romans and dealt with two OPCs while I had it and they couldn't have been more helpful, including running rev range checks etc as a favour and quite a few bits and bobs with impeccable service. Why wouldn't they be if you are going to spend money on servicing and spares with them. I had a couple of minor warranty claims too.

I'd also agree with one of the other comments on here: to really test the market I suspect you need them to make a bid for your car rather than phantom buyer phone shopping. No idea what they will bid or if it is high or low but IMHO that is the real test

SFO

5,162 posts

182 months

Friday 29th May 2015
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robgt3 said:
I took my GT3 back for an oil and filter change at 2000 miles. I was loaned a as new Macan. I am sure had I sourced my car from a indie and it had 6 owners things would not have been the same.
your oil and filter change is not a warranty matter though.

I agree that they may not have lent you a Macan had you not bought the car from them, but what do they care where you bought it from if not from them or their group?

On the other hand, they could just as easily have decided to lend you a Macan if you had not bought from them to win your service loyalty (especially as you were doing an 'unnecessary' service).

darreni

3,759 posts

269 months

Friday 29th May 2015
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Some interesting lhd pricing in the classifieds, who is going to pay £150k for lhd when you can buy the same car for £100k for the cost of a phone call & a cheap flight?

Mermaid

21,492 posts

170 months

Friday 29th May 2015
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DT398 said:
robgt3 said:
Just in the name of research I contacted a Porsche dealer to enquire about a GT3 that they were selling at a high level price. After much haggling I managed a very low amount of discount. The car and the asking price was not perceived to be a problem. I was also told that a memo is circulating which states that the factory may not be able to fulfil all outstanding RS orders. So to those people seeking to sell their GT3's on the basis that they are to get an RS in the future beware ! The situation could be no RS and no GT3!
So you expressed an interest in a 991GT3 and the salesman alluded to a memo that 991RS orders might not be fulfilled, thereby making the 991GT3 look more desirable? Whatever next....
Excellent salesman. wink

robgt3

2,585 posts

161 months

Friday 29th May 2015
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Mermaid said:
DT398 said:
robgt3 said:
Just in the name of research I contacted a Porsche dealer to enquire about a GT3 that they were selling at a high level price. After much haggling I managed a very low amount of discount. The car and the asking price was not perceived to be a problem. I was also told that a memo is circulating which states that the factory may not be able to fulfil all outstanding RS orders. So to those people seeking to sell their GT3's on the basis that they are to get an RS in the future beware ! The situation could be no RS and no GT3!
So you expressed an interest in a 991GT3 and the salesman alluded to a memo that 991RS orders might not be fulfilled, thereby making the 991GT3 look more desirable? Whatever next....
Excellent salesman. wink
No not an excellent salesman! He should not under any circumstances have quoted a discount over the phone. His primary task on receiving a telephone enquiry would be to obtain a name, telephone number and book an appointment!

ThirtySomething

Original Poster:

172 posts

219 months

Friday 29th May 2015
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5517 said:
ThirtySomething said:
And as I mentioned already, 991GT3 are still being delivered !
UK RHD cars are still being delivered?
Y E S ! Heard a chap on another forum who missed out initially got a call from his OPC this month saying they could now get him one to his own specification.

God knows what the total production numbers are but one thing is for sure, they are SIGNIFICANTLY higher than what everyone thought. It seems Porsche filled their pockets with the speculators and this is what is causing the supply on the 2nd hand market.

drmark

4,794 posts

185 months

Friday 29th May 2015
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ThirtySomething said:
Y E S ! Heard a chap on another forum who missed out initially got a call from his OPC this month saying they could now get him one to his own specification.

God knows what the total production numbers are but one thing is for sure, they are SIGNIFICANTLY higher than what everyone thought. It seems Porsche filled their pockets with the speculators and this is what is causing the supply on the 2nd hand market.
Are you sure? "Hearing" a "chap" on "another forum" is very different from it being fact.

GT4RS

4,395 posts

196 months

Friday 29th May 2015
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Are we saying 911 GT3 cars can still be bought new in the UK?