When to buy 7 gt3
Discussion
Been keeping an eye on 997 prices now for a few months
The way I see it prices have creeped up ~2-4k which I assume has to do with the 991 pdk only box "hype"
I'm looking to pull the trigger and pick up a gt3 but not yet figured out which one to buy - or when
Today's prices seem to be 50k for a 7.1 good example and 80k for a .2
Obviously my mind goes straight to 997.2 but its hard to justify spending that amount on a '2010 car and not getting a 991 instead - even with its auto only option
I'm sure this has been asked before, what do you think will happen to gt3 prices (non RS or club sports) over the next few months?
The way I see it prices have creeped up ~2-4k which I assume has to do with the 991 pdk only box "hype"
I'm looking to pull the trigger and pick up a gt3 but not yet figured out which one to buy - or when
Today's prices seem to be 50k for a 7.1 good example and 80k for a .2
Obviously my mind goes straight to 997.2 but its hard to justify spending that amount on a '2010 car and not getting a 991 instead - even with its auto only option
I'm sure this has been asked before, what do you think will happen to gt3 prices (non RS or club sports) over the next few months?
IMHO Prices will fall when the 991 GT3 hits the street and people realise how good it is (PDK or not )and they have missed out.
Yes there may have been a surge of interest in the last of the manuals and I admit I did consider it myself but the fact there are now 42 997 GT3 for sale says two things to me ;
1. People are cashing in whilst the price is high
2. People are clearing the way for the 991 GT3.
If you are not looking to buy and then sell in the short term you may have to suck paying a premium now and hope residuals remain strong once the 991 GT3 is sold out.
Generally GT3 residuals are strong over the long term but personally I would wait a little longer and see what happens unless money is no object
Yes there may have been a surge of interest in the last of the manuals and I admit I did consider it myself but the fact there are now 42 997 GT3 for sale says two things to me ;
1. People are cashing in whilst the price is high
2. People are clearing the way for the 991 GT3.
If you are not looking to buy and then sell in the short term you may have to suck paying a premium now and hope residuals remain strong once the 991 GT3 is sold out.
Generally GT3 residuals are strong over the long term but personally I would wait a little longer and see what happens unless money is no object
nsm3 said:
NOW !
They are only going up, up, up!
Or are they?
Who knows, who cares? If you want one, get one (I did). If you don't want to keep it forever, sell it (I did).
What's there to say that hasn't been said before - great cars, slightly compromised as DD's, end of?
Fill your boots.
Great cars, will depreciate just as the 996 has but lots slower than regular 997''s so still a great buy.They are only going up, up, up!
Or are they?
Who knows, who cares? If you want one, get one (I did). If you don't want to keep it forever, sell it (I did).
What's there to say that hasn't been said before - great cars, slightly compromised as DD's, end of?
Fill your boots.
Quite A few oh classifieds at mo but usual for time of year.
If u get a good one you'll probably never want to sell it unless you wanna tick the RS box
I believe that the 997 GT3 in both guises will stick at its current value for the medium term.
For every punter that moves on to the 991 and accepts it as progress, there will be at least one other who prefers the more analogue cars.
These 2 buyers will cancel each other out, leaving values stable.
Or the second type of buyers will increase and values will rise as the backlash against digital cars increases?
I can't see any other scenario.
For every punter that moves on to the 991 and accepts it as progress, there will be at least one other who prefers the more analogue cars.
These 2 buyers will cancel each other out, leaving values stable.
Or the second type of buyers will increase and values will rise as the backlash against digital cars increases?
I can't see any other scenario.
Buy one if you want one. You can wait forever fretting about prices. You might loose a bit of money but compared to other models GT cars after intial deprection are much safer bet residual value wise.
I had a 997.2 GT3RS from 2010 to 2012, just bought a 997.1 GT3 earlier this year and to be honest it is 95% the car for ME 95% of the time for half the money.
I had a 997.2 GT3RS from 2010 to 2012, just bought a 997.1 GT3 earlier this year and to be honest it is 95% the car for ME 95% of the time for half the money.
exigepete said:
I had a 997.2 GT3RS from 2010 to 2012, just bought a 997.1 GT3 earlier this year and to be honest it is 95% the car for ME 95% of the time for half the money.
Absolutely, and you can be under the radar whereas you can look a bit twittish with the RS in environments where people do not appreciate cars. 7.1 GT3 - best VFM GT3
GRBF430F1 said:
IMHO Prices will fall when the 991 GT3 hits the street and people realise how good it is (PDK or not )and they have missed out.
Yes there may have been a surge of interest in the last of the manuals and I admit I did consider it myself but the fact there are now 42 997 GT3 for sale says two things to me ;
1. People are cashing in whilst the price is high
2. People are clearing the way for the 991 GT3.
If you are not looking to buy and then sell in the short term you may have to suck paying a premium now and hope residuals remain strong once the 991 GT3 is sold out.
Generally GT3 residuals are strong over the long term but personally I would wait a little longer and see what happens unless money is no object
Also spotted the uplift in GT3's up for sale - definitely driven by point number 2... Point number 1 doesn't stack up 'economics moment' as the price would be more effected by supply and demand rather than PDK only and cashing in on the Manual histrionics. Logically there should be a fair number of current owners trying to offload before summer ends (GT3 season) ready for their eagerly awaited delivery. Basic economics tells you it's (if you're not getting a 991) a bad time to try and sell due to unusually high number available and pure market competition keeping prices in check...Yes there may have been a surge of interest in the last of the manuals and I admit I did consider it myself but the fact there are now 42 997 GT3 for sale says two things to me ;
1. People are cashing in whilst the price is high
2. People are clearing the way for the 991 GT3.
If you are not looking to buy and then sell in the short term you may have to suck paying a premium now and hope residuals remain strong once the 991 GT3 is sold out.
Generally GT3 residuals are strong over the long term but personally I would wait a little longer and see what happens unless money is no object
The smart / brave speculator wanting to take a punt would be better to wait 18+ months or so when 991's have all found their new homes and (some) people begin to yearn for 'the old stick' and realise there is a limited pool of cars - hence then pushing up demand (albeit over a longer period).
Sorry - no easy cash to be made here, just lucky people preparing for what could be the best car on sale!
Slick - happy owner of a white manual (although I think the 991 looks bonkers brilliant)
Edited by Slickhillsy on Thursday 5th September 22:13
Thanks all for your comments/replies
Logic says wait until december for the 991 is out and pick up a gt3 then (hopefully 5k cheaper [5 free track days?])
but having found a 2010 1 owner low millage model its hard to let it go right now
And im still not completely giving up on the idea of getting a 991 and calling it day. Just not sure if im ready yet to give up on the idea of owning a manual gt3
Stef
Logic says wait until december for the 991 is out and pick up a gt3 then (hopefully 5k cheaper [5 free track days?])
but having found a 2010 1 owner low millage model its hard to let it go right now
And im still not completely giving up on the idea of getting a 991 and calling it day. Just not sure if im ready yet to give up on the idea of owning a manual gt3
Stef
stef1808 said:
Thanks all for your comments/replies
Logic says wait until december for the 991 is out and pick up a gt3 then (hopefully 5k cheaper [5 free track days?])
but having found a 2010 1 owner low millage model its hard to let it go right now
And im still not completely giving up on the idea of getting a 991 and calling it day. Just not sure if im ready yet to give up on the idea of owning a manual gt3
Stef
Decisions, decisions. Logic says wait until december for the 991 is out and pick up a gt3 then (hopefully 5k cheaper [5 free track days?])
but having found a 2010 1 owner low millage model its hard to let it go right now
And im still not completely giving up on the idea of getting a 991 and calling it day. Just not sure if im ready yet to give up on the idea of owning a manual gt3
Stef
Mermaid said:
Decisions, decisions.
indeedand I finally made up my mind and decided to go for it only to find out it was actually a 2 owner car which I dont want
so if anyone is following: my next idea was to pick up a gen 2 turbo for weekends and spend the rest (30k or so) on building a track car, which when i come to think about it, makes more sense than just buying a gt3
even more annoying is that there is no manual 997.2 turbo 1 owners cars out there
decisions, decisions
looks like im waiting once again to make my move into Porsche territory
stef1808 said:
Mermaid said:
What is the difference between a one owner car and a 2 owner car?
in my mind, the 1 owner car was owned by a proper enthusiast who looked after and "cared" for his carthe 2 owner was used and abused
im not saying this is always the case, its just my preference
I struggle with that logic I must say... is it not just as plausible that one owner cars are owned by money-no-object types who buy new, thrash the arse of it (from cold) for a summer and then move on to the next toy?
FWIW I don't think either scenario can be relied upon and each car should be taken on it's merits. A well cared for two owner car being the better buy than a one owner car that has lived a 'tough' life.
DoubleSix said:
I struggle with that logic I must say... is it not just as plausible that one owner cars are owned by money-no-object types who buy new, thrash the arse of it (from cold) for a summer and then move on to the next toy?
FWIW I don't think either scenario can be relied upon and each car should be taken on it's merits. A well cared for two owner car being the better buy than a one owner car that has lived a 'tough' life.
Edited by Skrambles on Wednesday 11th September 12:18
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