991 GT3 numbers
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Discussion

peralta

Original Poster:

82 posts

234 months

Thursday 7th March 2013
quotequote all
The one bit of information that seems to be missing in all the specs that have been given for the new GT3 is the proposed production run.

One of the reasons that earlier GT3's has held their value comparatively well is that they were only produced in very limited numbers (eg less than 170 997.2 GT3 registrations in the UK). If the new model is going to be produced in greater numbers the retained value is going to fall - look at the depreciation on recent 911's which were produced in relatively large numbers.

Ekona

1,684 posts

232 months

Thursday 7th March 2013
quotequote all
Much like the 997 cars, it'll be produced in as many numbers as they can find people to order them.

So lots, I would imagine.

DiscoColin

3,328 posts

244 months

Saturday 9th March 2013
quotequote all
Ekona said:
Much like the 997 cars, it'll be produced in as many numbers as they can find people to order them.

So lots, I would imagine.
Lots - yes. More than before - almost certainly. As many as they can find people to order - no. The invitation to order one from Porsche (and send them £10k) says that they are constraining supply and that placing an order doesn't assure you a car (in which case you get your £10k back).

SonnyM

3,473 posts

223 months

Saturday 9th March 2013
quotequote all
DiscoColin said:
Ekona said:
Much like the 997 cars, it'll be produced in as many numbers as they can find people to order them.

So lots, I would imagine.
Lots - yes. More than before - almost certainly. As many as they can find people to order - no. The invitation to order one from Porsche (and send them £10k) says that they are constraining supply and that placing an order doesn't assure you a car (in which case you get your £10k back).
This is called marketing tactics wink

Old Trout

1,705 posts

205 months

Saturday 9th March 2013
quotequote all
Scarcity is the singularly most powerful sales tool!

mollytherocker

14,465 posts

239 months

Saturday 9th March 2013
quotequote all
SonnyM said:
DiscoColin said:
Ekona said:
Much like the 997 cars, it'll be produced in as many numbers as they can find people to order them.

So lots, I would imagine.
Lots - yes. More than before - almost certainly. As many as they can find people to order - no. The invitation to order one from Porsche (and send them £10k) says that they are constraining supply and that placing an order doesn't assure you a car (in which case you get your £10k back).
This is called marketing tactics wink
Absolutely. It's all part of the game.

itsybitsy

5,997 posts

215 months

Saturday 9th March 2013
quotequote all
peralta said:
The one bit of information that seems to be missing in all the specs that have been given for the new GT3 is the proposed production run.

One of the reasons that earlier GT3's has held their value comparatively well is that they were only produced in very limited numbers (eg less than 170 997.2 GT3 registrations in the UK). If the new model is going to be produced in greater numbers the retained value is going to fall - look at the depreciation on recent 911's which were produced in relatively large numbers.
if this is the case i will have one in 4 years time when they are £60k

thegoose

8,077 posts

240 months

Saturday 9th March 2013
quotequote all
DiscoColin said:
Lots - yes. More than before - almost certainly. As many as they can find people to order - no. The invitation to order one from Porsche (and send them £10k) says that they are constraining supply and that placing an order doesn't assure you a car (in which case you get your £10k back).
BMW said this about the M3 CSL ten years ago - lots of people put down deposits expecting to make a speculative premium if they were "lucky enough" to actual get one. BMW got orders for 522 (AFAIK) so built....522 of them. This left speculators and in turn franchised dealers out in the cold. I sourced one for a friend in July 2004 and he could have waited & had one new & registered on a 54 plate (despite being manufactured in October 2003) with about 10% off. Instead he paid even less for a just registered car with a few hundred miles on it that he could get in and drive straight away.

Geneve

4,018 posts

249 months

Saturday 9th March 2013
quotequote all
I think the 991 GT3 has been priced to sell (it's far less than many expected), and it should be an epic road and track car, so Porsche will manage production to just satisfy demand. No doubt the exclusivity mantle will be reserved for the RS models.

mollytherocker

14,465 posts

239 months

Saturday 9th March 2013
quotequote all
Geneve said:
I think the 991 GT3 has been priced to sell (it's far less than many expected), and it should be an epic road and track car, so Porsche will manage production to just satisfy demand. No doubt the exclusivity mantle will be reserved for the RS models.
I agree, I mean its not that much more than a well specced S really is it?

And no matter how badly or not it depreciates, it will be surely be much less than the Carreras?

Is it therefore actually the cheapest 991 ownership proposition?

HokumPokum

2,089 posts

235 months

Saturday 9th March 2013
quotequote all
mollytherocker said:
Geneve said:
I think the 991 GT3 has been priced to sell (it's far less than many expected), and it should be an epic road and track car, so Porsche will manage production to just satisfy demand. No doubt the exclusivity mantle will be reserved for the RS models.
I agree, I mean its not that much more than a well specced S really is it?

And no matter how badly or not it depreciates, it will be surely be much less than the Carreras?

Is it therefore actually the cheapest 991 ownership proposition?
depends on the discount you get on new 991s and how you spec them.

itsybitsy

5,997 posts

215 months

Saturday 9th March 2013
quotequote all
HokumPokum said:
mollytherocker said:
Geneve said:
I think the 991 GT3 has been priced to sell (it's far less than many expected), and it should be an epic road and track car, so Porsche will manage production to just satisfy demand. No doubt the exclusivity mantle will be reserved for the RS models.
I agree, I mean its not that much more than a well specced S really is it?

And no matter how badly or not it depreciates, it will be surely be much less than the Carreras?

Is it therefore actually the cheapest 991 ownership proposition?
depends on the discount you get on new 991s and how you spec them.
and theres the thing the 991s is overpriced to factor in a discount but no discount will be had on a gt3

IanHug

414 posts

267 months

Saturday 9th March 2013
quotequote all
Geneve said:
I think the 991 GT3 has been priced to sell (it's far less than many expected), and it should be an epic road and track car, so Porsche will manage production to just satisfy demand. No doubt the exclusivity mantle will be reserved for the RS models.
Seem to remember that GT3 pricing always looked like a very good deal at £10/20k over a reasonably specified C2S. Low depreciation made it a bargain and cheaper to own than an S. Not sure the same will apply this time but it does look like a very good road car.

Old Trout

1,705 posts

205 months

Saturday 9th March 2013
quotequote all
It depends on supply of the S and 4S - last year discounts were deep and the GT3 at a similar spec level is going to be a £20-25k premium over those prices.

APOLO1

5,391 posts

224 months

Saturday 9th March 2013
quotequote all
I would expect to see 120 cars over a 12-14 month run, then roll out the RS with its 993GT2 style arches.....opps...

thegoose

8,077 posts

240 months

Saturday 9th March 2013
quotequote all
APOLO1 said:
I would expect to see 120 cars over a 12-14 month run, then roll out the RS with its 993GT2 style arches.....opps...
A bit like the ones on the front of the GT3 Cup car then?

Old Trout

1,705 posts

205 months

Saturday 9th March 2013
quotequote all
APOLO1 said:
I would expect to see 120 cars over a 12-14 month run, then roll out the RS with its 993GT2 style arches.....opps...
If it is 120 cars then I suspect it is already massively oversubscribed.

Geneve

4,018 posts

249 months

Saturday 9th March 2013
quotequote all
APOLO1 said:
I would expect to see 120 cars over a 12-14 month run, then roll out the RS with its 993GT2 style arches.....opps...
It will be a lot more than that.

arcamalpha

1,114 posts

194 months

Saturday 9th March 2013
quotequote all
I was told 250 cars over 12-18 months by my OPC.

nsm3

2,831 posts

226 months

Saturday 9th March 2013
quotequote all
Sounds right - I thought approaching 250 was the usual number of UK registrations for each iteration of GT3?