GT3 RS Values
Author
Discussion

gunner

Original Poster:

750 posts

253 months

Sunday 13th February 2005
quotequote all
Hi there,this is my debut posting on pistonheads which I've enjoyed reading for ages now.The depressed values of GT3RS's has been remarked upon elsewhere on this forum,and I just wanted to say that having researched this extensively of late,there are some lovely GT3RS's out there for as little as 75k.In fact a couple of all but new cars have gone for 80k from OPC's recently.Typically cars in this price range have barely been used and were bought by those who perhaps didn't know what they were getting into.The cheaper cars don't have ceramics but are none the worse for it.I cannot believe that as the weather improves and the track season gets underway again these cars won't start to appreciate again.After all anywhere around 75k is just a small premium over a well specced C2S or GT3 and yet,to my mind,as an engineering package it's leagues ahead.Of course on the road comfort is the sacrifice but it's not nearly as extreme as certain reviewers would have you believe.In short I'd encourage those of you tempted by one of these machines,especially track enthusiasts,to check them out now.One of the few advantages of the British weather is that it artificially depresses certain cars' values at times!

Melv

4,708 posts

288 months

Sunday 13th February 2005
quotequote all
gunner said:
One of the few advantages of the British weather is that it artificially depresses certain cars' values at times!


It depresses the drivers too!!

rgds
Mel

GuyR

2,518 posts

305 months

Sunday 13th February 2005
quotequote all
gunner said:
Typically cars in this price range have barely been used and were bought by those who perhaps didn't know what they were getting into.


I strongly disagree with this part. It's one of the most misleading parts of all GT3RSs. Almost all of them have seen service on trackdays (there were, I believe 7 at the same trackday on one occasion
when only 10 had been delivered in the UK at that point). So yes whilst there are some with only a couple of thousand miles bought by aged collecters and used carefully on sunny days, there are far more with the same mileage that have done it all on track, having been trailered there and back.

Do not think that a low mileage GT3RS is an unused one, it may have had a harder life that almost any other Porsche.

Guy

gunner

Original Poster:

750 posts

253 months

Sunday 13th February 2005
quotequote all
very true.I guess I should have been more specific.Three of the cars I was referring to had done no more than three to five hundred miles,and looked genuinely new.One was a 54 plate car (one of only 2) with 214 miles which sold for under 80k last week from an OPC.I agree that cars with anything approaching even 2000 miles are much more likely to have seen track work and the tell tale signs will be there.Of course dealers will maintain that they've never been tracked which we all know is nonsense...

toppstuff

13,698 posts

270 months

Sunday 13th February 2005
quotequote all
Lets not forget that a truly friendly OPC can give you a really good understanding of the history of the car.

Their diagnostics can even tell you if the car has been buzzed to the limiter through a missed gearchange, not that they would normally declare this...

gunner

Original Poster:

750 posts

253 months

Sunday 13th February 2005
quotequote all
absolutely.despite being few and far between the 'friendly' ones are still out there and can definitely provide that service.

seandudding

495 posts

273 months

Monday 14th February 2005
quotequote all
There is no issue with tracking these cars, as long as you increase the maintenace as well. Thats is what they were built for. My car has done 5000 miles now, it has had an oil change every 1500 miles. Brakes get changed even when there is plenty of live left in them.

As guy said many of the RS's will be and have been tracked, but as long as the car is well maintained, it should not effect it's value. Lets be honest, you iether buy the RS to put in a collection or as a track day toy. Not many owners will use it solely as a road car.

As for the low mileage ones in the dealer network, I agree a lot of people bought them not knowing what they where getting.-

roygarth

2,674 posts

271 months

Monday 14th February 2005
quotequote all
Is it possible price of GT3RS is beginning to reflect the view that, like 964RS, it is totally impracticle/no fun for road use? Whereas GT3 is pretty close on track yet more fun on road?

This is part of reason for 993RS price premium over 964RS........you can have more fun driving to track and 99% of the fun when you are there!

Just a thought!

clubsport

7,399 posts

281 months

Monday 14th February 2005
quotequote all
Speculative values have had their day on these cars, they are now in the hands of people who actually want one and will use it for it's intended purpose.
That is probably a fairly limited and fortunate group of people who choose to track a 75-80k car.

They will surely always be worth more than a Gt3 mk 2, but I think the next movement in price will be when the 3 year warranty runs out and we see how the market feels about drivetrains that have been extensively tracked and engine rebuilds running at eur 25k a time.

craig

1,204 posts

307 months

Monday 14th February 2005
quotequote all
clubsport said:
They will surely always be worth more than a Gt3 mk 2, but I think the next movement in price will be when the 3 year warranty runs out and we see how the market feels about drivetrains that have been extensively tracked and engine rebuilds running at eur 25k a time.



3 year warranty

I wish...

roygarth

2,674 posts

271 months

Monday 14th February 2005
quotequote all
How long is the warranty?

clubsport

7,399 posts

281 months

Monday 14th February 2005
quotequote all
craig said:

clubsport said:
They will surely always be worth more than a Gt3 mk 2, but I think the next movement in price will be when the 3 year warranty runs out and we see how the market feels about drivetrains that have been extensively tracked and engine rebuilds running at eur 25k a time.




3 year warranty

I wish...


Is it 2 year then?......I understand in The US it is 5 years bumper to bumper on a new Porsche....

gunner

Original Poster:

750 posts

253 months

Monday 14th February 2005
quotequote all
warranty is 2 years but in my experience easy to extend with the right dealer.I agree that the track is where the GT3RS feels best but I also think it's a wonderful road car.Somewhat jittery perhaps but not noticably more than a GT3 Clubsport in my experience.The turn in and steering feedback is just so involving on the right roads although I acknowledge the styling isn't to all tastes!