Is Chris Harris right? GT3 RS 991
Is Chris Harris right? GT3 RS 991
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Discussion

Akajak

Original Poster:

887 posts

268 months

Tuesday 22nd March 2016
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http://www.pistonheads.com/classifieds/used-cars/p...


tweeted how depressed he was seeing this ad

BertBert

21,224 posts

240 months

Tuesday 22nd March 2016
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Was that because it exceeds the number of times you can legally put the word lava in an advert? biggrin
Akajak said:
http://www.pistonheads.com/classifieds/used-cars/p...


tweeted how depressed he was seeing this ad

Cheib

25,361 posts

204 months

Tuesday 22nd March 2016
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How Porsche can say they are trying to weed out the flippers and you see cars like this advertised is beyond me. It would take all of 2 mins for them to find out who bought that car.

SpudLink

8,123 posts

221 months

Tuesday 22nd March 2016
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Ad says "this will appeal to both the collector or investor", with no mention of the keen driver.
I will never be in the market for one of these, but it's such a shame these are not being used by those fortunate enough to own one.

RichB

56,208 posts

313 months

Tuesday 22nd March 2016
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Unless one is a psychologist it would be difficult to know but generally if someone says they are depressed there is a root cause and as Chris says, this advert may be it. On the other hand it may be having to work with Chris Evans.

HorneyMX5

5,745 posts

179 months

Tuesday 22nd March 2016
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Its a crying shame alright. There are people who do drive them though. I know someone who owns one and they are in the process of racking up the miles to complete the 1800 mile run in period so they can get it out on a trackday asap and give it a proper thrashing.

birdcage

2,934 posts

234 months

Tuesday 22nd March 2016
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We need a good old financial crisis or meltdown to weed all this out

smudger911

514 posts

287 months

Tuesday 22nd March 2016
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HorneyMX5 said:
Its a crying shame alright. There are people who do drive them though. I know someone who owns one and they are in the process of racking up the miles to complete the 1800 mile run in period so they can get it out on a trackday asap and give it a proper thrashing.
Quite right too. Derek Bell recently commented on driving one - it belonged to a track addict who had racked up over 7,000 miles on tracks across Europe. What-a-boy!

RDMcG

20,835 posts

236 months

Tuesday 22nd March 2016
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As someone who owns one ( in Lava lava lava),there is no way in the world I would pay that kind of money or anything close to it. At MSRP the car is a very good buy in my view..but as Harris observed in his video, the prices being asked now mean it has to be compared to much more expensive cars. I assume VAT is on top of the quoted price?

Edited by RDMcG on Tuesday 22 March 15:03

cayman-black

13,263 posts

245 months

Tuesday 22nd March 2016
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RDMcG said:
As someone who owns one ( in Lava lava lava),there is no way in the world I would pay that kind of money or anything close to it. At MSRP the car is a very good buy in my view..but as Harris observed in his video, the prices being asked now mean it has to be compared to much more expensive cars.
I agree. But it sure does look good and i struggle to think of some thing i would want more.
you lucky sod RDMcG ! biggrin

RDMcG

20,835 posts

236 months

Tuesday 22nd March 2016
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cayman-black said:
I agree. But it sure does look good and i struggle to think of some thing i would want more.
you lucky sod RDMcG ! biggrin
Mine is no garage queen..did 3000 miles in first two weeks including a rally and tracking it at both the Nordschleife and the Nürburgring F1 track. The car is not an investment financially for me, but an investment in driving experience.

wtdoom

3,742 posts

237 months

Tuesday 22nd March 2016
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I'll start with the caveat that I drive all my cars , 73rsr in the wet at spa and silverstone etc etc . It's not as simple as that . The thing is someone who can just about afford a 991rs without really stretching themselves must be faced with a serious dilemna , the overs is a year or twos wages . People have a family to feed , I can see the temptation . It's not something I'd do but I can completely get it , I think this current market is turning non flippers into flippers , it's gone mad .'as for someone who really stretched themselves the temptation must be unbearable .

berty37

623 posts

168 months

Tuesday 22nd March 2016
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wtdoom said:
I'll start with the caveat that I drive all my cars , 73rsr in the wet at spa and silverstone etc etc . It's not as simple as that . The thing is someone who can just about afford a 991rs without really stretching themselves must be faced with a serious dilemna , the overs is a year or twos wages . People have a family to feed , I can see the temptation . It's not something I'd do but I can completely get it , I think this current market is turning non flippers into flippers , it's gone mad .'as for someone who really stretched themselves the temptation must be unbearable .
I remember you bought your 918 down to Spa last year having only got it very recently and as usual it was totally slashing down!! I agree with you too. A good friend of mine has just very fortunately got himself a 991 RS, has never flipped any of his cars and genuinely loves the drive but even the DP of his OPC said we dont like the practice but we also understand with people being offered literally double what they paid it must be a very tough decision sometimes. If someone has worked very very hard and had a real doubt at spending £150k ish (inclu options etc) on a car for someone to walk up and say there is £300k it becomes an even more different ball game I think.

RDMcG

20,835 posts

236 months

Tuesday 22nd March 2016
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wtdoom said:
. The thing is someone who can just about afford a 991rs without really stretching themselves must be faced with a serious dilemna .
That's a good point that I had not considered. I tend to keep my cars for long periods, adding rather than replacing, so what a car is worth in (say) six months or even five years does not make much difference to me, but your observation makes a lot of sense.

wtdoom

3,742 posts

237 months

Tuesday 22nd March 2016
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berty37 said:
I remember you bought your 918 down to Spa last year having only got it very recently and as usual it was totally slashing down!! I agree with you too. A good friend of mine has just very fortunately got himself a 991 RS, has never flipped any of his cars and genuinely loves the drive but even the DP of his OPC said we dont like the practice but we also understand with people being offered literally double what they paid it must be a very tough decision sometimes. If someone has worked very very hard and had a real doubt at spending £150k ish (inclu options etc) on a car for someone to walk up and say there is £300k it becomes an even more different ball game I think.
Haha , that's right it was the 3rd day I owned it .

Absolutely 150gtand for nothing is no joke , it's easy for everyone to throw stones but the market goes the other way just as easily . I'm not condoning this , just offering an alternative view , I maintain this market is so crazy it's turning non flippers into flippers .

wtdoom

3,742 posts

237 months

Tuesday 22nd March 2016
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RDMcG said:
That's a good point that I had not considered. I tend to keep my cars for long periods, adding rather than replacing, so what a car is worth in (say) six months or even five years does not make much difference to me, but your observation makes a lot of sense.
Absolutely ,how many mortgage payments is 150k for non collectors ?

robgt3

2,587 posts

191 months

Tuesday 22nd March 2016
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I genuinely believe the Porsche Dealer Network is trying to do something about the "flippers." After a long conversation with my DP he stressed that in the future potential buyers of the GT cars and similar will be screened and their buying history thoroughly checked. As has already been stated it would not be a difficult process. In the future buyers will virtually be invited with the results policed by Porsche themselves who I also feel are planning to take some of the heat out of the used market. The introduction of the 991.2 GT3 with the option of a manual gearbox possibly makes the 911R to some buyers not quite so desirable. It is all very clever.

I am totally blown away by my RS and so far have received a couple of staggering offers to sell. There is no way that I would as I know that doing so could well jeopardise future purchases. In the meantime it will be used as intended by Porsche or indeed do my best to do so.

wtdoom

3,742 posts

237 months

Tuesday 22nd March 2016
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robgt3 said:
I genuinely believe the Porsche Dealer Network is trying to do something about the "flippers." After a long conversation with my DP he stressed that in the future potential buyers of the GT cars and similar will be screened and their buying history thoroughly checked. As has already been stated it would not be a difficult process. In the future buyers will virtually be invited with the results policed by Porsche themselves who I also feel are planning to take some of the heat out of the used market. The introduction of the 991.2 GT3 with the option of a manual gearbox possibly makes the 911R to some buyers not quite so desirable. It is all very clever.

I am totally blown away by my RS and so far have received a couple of staggering offers to sell. There is no way that I would as I know that doing so could well jeopardise future purchases. In the meantime it will be used as intended by Porsche or indeed do my best to do so.
Yes my Porsche zentrum alluded to the same thing . Hope they sort it .

RDMcG

20,835 posts

236 months

Tuesday 22nd March 2016
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I am in Canada and was required by Porsche to sign a non-export contract for the first 12 months of ownership. A lot of Canadian cars end up in the US, and with the steep decline in the Canadian dollar ( from par to 75 cents) meant that there was a lot of money to be made by flipping.

jonnywalker46

397 posts

214 months

Tuesday 22nd March 2016
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Wanted to order this exact spec for myself but couldn't get a car its very frustrating when you keep your cars and don't sell furious