991 GT3 RS Inflated Prices - Are They Selling???
991 GT3 RS Inflated Prices - Are They Selling???
Author
Discussion

Slickhillsy

Original Poster:

1,772 posts

166 months

Thursday 3rd December 2015
quotequote all
I know talking prices is a sensitive subject here, however I'm going to buck the trend and talk them DOWN!

http://www.pistonheads.com/classifieds?Category=us...

The spreads on these 'flipped' cars is vast - circa £100K (madness). What price point are these things actually selling at?

£295K for LHD (or RHD for that matter) 991 GT3 RS - Seriously?????

LordOfTheManor

1,274 posts

134 months

Thursday 3rd December 2015
quotequote all
No they're not selling... dealer has had to return one back to the owner because of Lack of interest in it £290k

Ask him to sell it to me for a more realistic price

RSVP911

8,192 posts

156 months

Thursday 3rd December 2015
quotequote all
LordOfTheManor said:
No they're not selling... dealer has had to return one back to the owner because of Lack of interest in it £290k

Ask him to sell it to me for a more realistic price
Assume you tried to get one of the extra allocations ? smile

Callughan

6,313 posts

215 months

Thursday 3rd December 2015
quotequote all
GT3's are not really moving with the premium added to the prices.

av185

20,464 posts

150 months

Thursday 3rd December 2015
quotequote all
Callughan said:
GT3's are not really moving with the premium added to the prices.
There are premiums and there are premiums.

And if the premium is right, the car will sell.

DT398

1,937 posts

171 months

Thursday 3rd December 2015
quotequote all
RSVP911 said:
Assume you tried to get one of the extra allocations ? smile
I did with no luck, but there'll be some more along soon. Absolutely stonking value at list and nothing to touch them. £50k over? Maybe but it would have to be a perfect spec RHD car for someone to deserve £50k overnight profit for basically doing nothing. £100k over? £150k over? Dream on. Nobody is buying it. There's no market for these cars at £250k+. Lots of them advertised for that, but no takers. It seems OPCs are now getting 3-4 more each, so there'll be a couple of hundred cars in the UK before we know it. Even if you can afford it, there's lots of other things you can do with £150k! Hope the madness ends soon.

LordOfTheManor

1,274 posts

134 months

Thursday 3rd December 2015
quotequote all
OPC won't offer me a car as I don't fit the butt licking requirement they are looking for
here in Walesweeping

RSVP911

8,192 posts

156 months

Thursday 3rd December 2015
quotequote all
DT398 said:
I did with no luck, but there'll be some more along soon. Absolutely stonking value at list and nothing to touch them. £50k over? Maybe but it would have to be a perfect spec RHD car for someone to deserve £50k overnight profit for basically doing nothing. £100k over? £150k over? Dream on. Nobody is buying it. There's no market for these cars at £250k+. Lots of them advertised for that, but no takers. It seems OPCs are now getting 3-4 more each, so there'll be a couple of hundred cars in the UK before we know it. Even if you can afford it, there's lots of other things you can do with £150k! Hope the madness ends soon.
Keep my fingers crossed for you - hope you get a car at list .

FWIW , I think a v low mileage RHD car will fetch £K 225/250 all day long , for the simple reason at this level it competes with the Spez , 650 LT - much above or below this is unlikely - not saying the odd one will not go for more than this , but IMHO this will be the level where they start selling .

LordOfTheManor

1,274 posts

134 months

Thursday 3rd December 2015
quotequote all
There's one for private sale at £200k but the way they are falling (like a stone)

I think I'm going to wait for the one 'just' over listclap

DT398

1,937 posts

171 months

Friday 4th December 2015
quotequote all
RSVP911 said:
Keep my fingers crossed for you - hope you get a car at list .

FWIW , I think a v low mileage RHD car will fetch £K 225/250 all day long , for the simple reason at this level it competes with the Spez , 650 LT - much above or below this is unlikely - not saying the odd one will not go for more than this , but IMHO this will be the level where they start selling .
Thanks, let's see where it all end up. I get the price comparison with the other cars, but we all know how Porsche drip feeds these cars out, so while there's still a possibility of a car at list, it's a massive premium to pay to "have one now".

Talking of comparative prices, no way, for example, these cars are worth more than a 997 RS 4.0L, even a LHD one, but I would say that......;-)

Enjoy your RS!

EGTE

997 posts

205 months

Friday 4th December 2015
quotequote all
Love the RS, but they must be coming under serious pressure from MacLaren these days.

£200K gets you a 650S, for instance.

911OPA

1 posts

138 months

Friday 4th December 2015
quotequote all
My OPC operated a strict first come first served policy based on LOI, worked for my 997GT3 (first new Porsche) and 991GT3RS. Sounds like not all OPCs operate the same way. LOI for the RS was lodged in 2010 mind!I had also been a customer for servicing/repairs with 911s since about 1995.

epom

14,140 posts

184 months

Friday 4th December 2015
quotequote all
Top quality lurking that man ^^^ now lets see your RS smile

av185

20,464 posts

150 months

Friday 4th December 2015
quotequote all
911OPA said:
My OPC operated a strict first come first served policy based on LOI, worked for my 997GT3 (first new Porsche) and 991GT3RS. Sounds like not all OPCs operate the same way. LOI for the RS was lodged in 2010 mind!I had also been a customer for servicing/repairs with 911s since about 1995.
Many now view the letter of intent system as being essentially flawed and several OPCs have now scrapped this system in favour of other criteria.

mdianuk

2,893 posts

194 months

Friday 4th December 2015
quotequote all
911OPA said:
My OPC operated a strict first come first served policy based on LOI, worked for my 997GT3 (first new Porsche) and 991GT3RS. Sounds like not all OPCs operate the same way. LOI for the RS was lodged in 2010 mind!I had also been a customer for servicing/repairs with 911s since about 1995.
I suspect your last line contradicts your first wink Given you've been a customer for such a long time, I suspect when or the order in which you submitted your LOI's made little difference, and they just value you as a customer...which is nice.

LordOfTheManor

1,274 posts

134 months

Friday 4th December 2015
quotequote all
Yes we know only too well! the brown envelope under the table act nono
av185 said:
Many now view the letter of intent system as being essentially flawed and several OPCs have now scrapped this system in favour of other criteria.

Upnorthgt3

605 posts

166 months

Saturday 5th December 2015
quotequote all
LordOfTheManor said:
No they're not selling... dealer has had to return one back to the owner because of Lack of interest in it £290k

Ask him to sell it to me for a more realistic price
I Understand the White one in Leeds has just gone for £340k


DT398

1,937 posts

171 months

Saturday 5th December 2015
quotequote all
You have to wonder why when 911 Sport have had a couple of nicely specced cars on their site for £289k for a couple of weeks now. Maybe the buyer doesn't have an Internet connection?

AndrewD

7,628 posts

307 months

Saturday 5th December 2015
quotequote all
I suppose this thread was inevitable.

Time used to be this forum was about the cars!

When mine arrives on 2 Jan I will start a thread about what it is like to own and drive. Maybe we can have a few more threads like that. DT, Lord of the rings, etc, you must have cars already, why not put some threads up about those? Seriously, life is too short guys.

DT398

1,937 posts

171 months

Saturday 5th December 2015
quotequote all
Obviously not too short for you to post on here with your view. We are all entitled to one. The cars I own are great, thanks for asking, but they are the same to own and drive as they were last week and the week before that so I'm at a loss as to what to write.

Hope you enjoy your RS when it comes.