GT3 prices going up

[GroundEffect]

I'm in the market for a 991, not a 992. However just curious about the whole market - like 992 availability (went to test drive an Emira recently and the still 18 month waiting list was surprising given you can get low mileage cars below list on AT) or why touring examples of 991.2 or 992 are so damn expensive - were they limited in supply?

[ClubsportStr]

GroundEffect said:

I'm in the market for a 991, not a 992. However just curious about the whole market - like 992 availability (went to test drive an Emira recently and the still 18 month waiting list was surprising given you can get low mileage cars below list on AT) or why touring examples of 991.2 or 992 are so damn expensive - were they limited in supply?

It’s unlikely you could walk into a OPC and place an order for a GT3 unless you’ve got buying history. But looking at how many new 911 there are available on the Porsche website, I wouldn’t imagine there is very long wait for a new order normal 911 at the minute but a GT product might be different!

[scrob]

Does anyone know why 991 tourings are advertised substantially higher than 992 tourings? Always struck me as a bit odd. Some well over £200k still

[PinkHouse]

scrob said:

Does anyone know why 991 tourings are advertised substantially higher than 992 tourings? Always struck me as a bit odd. Some well over £200k still

Barely anyone ordered 991 Tourings when they were new, which meant they became "rare" and were able to command significant (and overpriced) premiums over the winged versions. With all that hype and profit potential, substantially more 992 Tourings were ordered because people wanted the opportunity to flip their cars for more profit, meaning the 992 Tourings are more plentiful and hence can't command as much of a premium

[scrob]

PinkHouse said:

scrob said:

Does anyone know why 991 tourings are advertised substantially higher than 992 tourings? Always struck me as a bit odd. Some well over £200k still

Barely anyone ordered 991 Tourings when they were new, which meant they became "rare" and were able to command significant (and overpriced) premiums over the winged versions. With all that hype and profit potential, substantially more 992 Tourings were ordered because people wanted the opportunity to flip their cars for more profit, meaning the 992 Tourings are more plentiful and hence can't command as much of a premium

Fair enough. Hard to see the real attraction in them at that kind of money all the same. There’s a gorgeous guards red one on Pistonheads at £215k, it’s been on there for a long time. Can’t help feeling the same money could be better allocated to something else though!

Edit: went for another nosey and it's actually no longer listed. Maybe someone fell in love!

Edited by scrob on Thursday 30th November 16:08

[Cheib]

scrob said:

Does anyone know why 991 tourings are advertised substantially higher than 992 tourings? Always struck me as a bit odd. Some well over £200k still

A lot of people prefer them.

Better looking, better built, sound better etc etc

The only reason to get a 992 is if you want PDK.

[TB993tt]

Cheib said:

A lot of people prefer them.

Better looking, better built, sound better etc etc

The only reason to get a 992 is if you want PDK.

You missed out a large IMHO in that lot, no 911 to date steers like a 992GT3.

[Cheib]

TB993tt said:

Cheib said:

A lot of people prefer them.

Better looking, better built, sound better etc etc

The only reason to get a 992 is if you want PDK.

You missed out a large IMHO in that lot, no 911 to date steers like a 992GT3.

Yes and that’s probably the one reason to own one. Depends if you like it or not. Not everyone does, on a road car it is less of a must than a track car I reckon.

[bigmowley]

I was recently offered a GT3 allocation, for spring build 2024. This is despite never having actually asked for one! I declined as I don’t want one. I did casually spec one up on the configurator just out of interest and it came to just under £170K IIRC. That’s a hell of a stretch up from my last new one which was a 991.1 at about £122K. I just don’t see the value at this price level. Despite the BS and smoke and mirrors from my OPC I don’t think they have anybody waiting for an allocation at the moment. No doubt it will arrive and immediately be for sale like so many others.

[Yellow491]

bigmowley said:

I was recently offered a GT3 allocation, for spring build 2024. This is despite never having actually asked for one! I declined as I don’t want one. I did casually spec one up on the configurator just out of interest and it came to just under £170K IIRC. That’s a hell of a stretch up from my last new one which was a 991.1 at about £122K. I just don’t see the value at this price level. Despite the BS and smoke and mirrors from my OPC I don’t think they have anybody waiting for an allocation at the moment. No doubt it will arrive and immediately be for sale like so many others.

I would take that build slot if its still available ,i have been informed by 4 opc that gt3 production is done with allocations.

[ChrisW.]

I also was told that the allocation of GT cars is currently by invitation ...

Out of interest I researched the current finance costs on a secondhand 992 GT3 Touring at £180k. Their offer was a PCP with a guaranteed value after 4 years of £72k, an APR of 10.9% and a deposit of £94k, leaving payments at £1171.72 per month in exchange for 500 miles (6000 miles per annum).

If the car was worth only £72k, then the actual cost would have added the deposit of £94k plus insurance £8k ? plus servicing £8k ? plus fuel at another £8k ?? plus any other extras, tyres etc. Total £175k ish for 24,000 miles ... that's £7.30 per mile if 24,000 miles are done.

If the car is worth £100k at the end, the cost per mile would be £6.13, again assuming that the full 24,000 miles are done.

Edited by ChrisW. on Thursday 30th November 18:17

[bigmowley]

Yellow491 said:

bigmowley said:

I was recently offered a GT3 allocation, for spring build 2024. This is despite never having actually asked for one! I declined as I don’t want one. I did casually spec one up on the configurator just out of interest and it came to just under £170K IIRC. That’s a hell of a stretch up from my last new one which was a 991.1 at about £122K. I just don’t see the value at this price level. Despite the BS and smoke and mirrors from my OPC I don’t think they have anybody waiting for an allocation at the moment. No doubt it will arrive and immediately be for sale like so many others.

I would take that build slot if its still available ,i have been informed by 4 opc that gt3 production is done with allocations.

PM sent

[honda_exige]

rawenghey said:

Swine Enthusiast said:

Given the drop in the 991.2/992 GT3 prices, is the 991.1 looking like great value or is it just me and my insane man-maths/insane lust for one clouding my judgement?

I agree. 90 odd grand gets you a G series engined 991.1 GT3, which is a lot of car for the money. Would be tough choosing between the similarly priced 718 GT4.

I considered a 991.1 GT3 but ultimately went with a 2020 718 GT4, albeit substantially less than £90k.

I tend to track cars quite hard and had some mild concerns about doing that in a 10yr old car, as well as some reports of the G series failing. Additionally I felt that the price was somewhat propped up by the extended warranty given the slight concern over the engine, as these cars creep towards the end of the 15yr extension limit I had concerns over what would happen to values as that limit got closer.

[pancholi]

i know that the thread is re. GT3 prices, as it says on the tin
but i am missing the point here?
have people who have posted on this tread actually driven the car?
if not, you are missing out on one of the greatest driving cars ever made.
i knew of the hype re GT products and got confused between value and price.
i now have a 992 GT3 touring, i never want to let it go.

[MarkM3Evoplus]

pancholi said:

i know that the thread is re. GT3 prices, as it says on the tin
but i am missing the point here?
have people who have posted on this tread actually driven the car?
if not, you are missing out on one of the greatest driving cars ever made.
i knew of the hype re GT products and got confused between value and price.
i now have a 992 GT3 touring, i never want to let it go.

Yes, loads drive them on here.
I for one, love mine and will only sell her if I have too for financial reason or ill health. Best car I have owned/driven

[TB993tt]

MarkM3Evoplus said:

pancholi said:

i know that the thread is re. GT3 prices, as it says on the tin
but i am missing the point here?
have people who have posted on this tread actually driven the car?
if not, you are missing out on one of the greatest driving cars ever made.
i knew of the hype re GT products and got confused between value and price.
i now have a 992 GT3 touring, i never want to let it go.

Yes, loads drive them on here.
I for one, love mine and will only sell her if I have too for financial reason or ill health. Best car I have owned/driven

I concur, it's the usual car dealer/free motoring depreciation obsessed types getting their panties in a twist on here they are totally missing the fact that this car is as you say one of the greatest driving cars ever made and the values will always be propped up by that fact as this car has a strong attraction for real drivers who want to sample this amazing car.

[Yellow491]

ChrisW. said:

I also was told that the allocation of GT cars is currently by invitation ...

Out of interest I researched the current finance costs on a secondhand 992 GT3 Touring at £180k. Their offer was a PCP with a guaranteed value after 4 years of £72k, an APR of 10.9% and a deposit of £94k, leaving payments at £1171.72 per month in exchange for 500 miles (6000 miles per annum).

If the car was worth only £72k, then the actual cost would have added the deposit of £94k plus insurance £8k ? plus servicing £8k ? plus fuel at another £8k ?? plus any other extras, tyres etc. Total £175k ish for 24,000 miles ... that's £7.30 per mile if 24,000 miles are done.

If the car is worth £100k at the end, the cost per mile would be £6.13, again assuming that the full 24,000 miles are done.

Edited by ChrisW. on Thursday 30th November 18:17

Bloody hell chris,life is to short to be thinking like this

Yes most opc is invite,quite funny after three opc sent me begging letters to purchase a ev,i sent a reply back to them that sorry i have not invited you to send me a begging lettter

[hunter 66]

Yellow491 said:

Bloody hell chris,life is to short to be thinking like this

Yes most opc is invite,quite funny after three opc sent me begging letters to purchase a ev,i sent a reply back to them that sorry i have not invited you to send me a begging lettter

Drove Taycan .....yesterday , could see you in one , as you get older now

[ChrisW.]

Yellow491 said:

ChrisW. said:

I also was told that the allocation of GT cars is currently by invitation ...

Out of interest I researched the current finance costs on a secondhand 992 GT3 Touring at £180k. Their offer was a PCP with a guaranteed value after 4 years of £72k, an APR of 10.9% and a deposit of £94k, leaving payments at £1171.72 per month in exchange for 500 miles (6000 miles per annum).

If the car was worth only £72k, then the actual cost would have added the deposit of £94k plus insurance £8k ? plus servicing £8k ? plus fuel at another £8k ?? plus any other extras, tyres etc. Total £175k ish for 24,000 miles ... that's £7.30 per mile if 24,000 miles are done.

If the car is worth £100k at the end, the cost per mile would be £6.13, again assuming that the full 24,000 miles are done.

Edited by ChrisW. on Thursday 30th November 18:17

Bloody hell chris,life is to short to be thinking like this

Yes most opc is invite,quite funny after three opc sent me begging letters to purchase a ev,i sent a reply back to them that sorry i have not invited you to send me a begging lettter

My Wife has told me that it has to be one out / one in .... or was it the other way around ?

[hunter 66]

MarkM3Evoplus said:

Yes, loads drive them on here.
I for one, love mine and will only sell her if I have too for financial reason or ill health. Best car I have owned/driven

Agree , Porsche has been clever at dialing the 911 nature out of the cars with every new GT3 , making them bigger , more comfortable and drive less like a 911 , which what people like and want .
Drove 964 RS again a few weeks ago , what a dream , no wonder I did 60k miles in mine . Forgot how compact they are and like a go kart to drive .
So still my favourite 911 for the road .