Is a 992Gts and others worth in XS of £100k?
Is a 992Gts and others worth in XS of £100k?
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GT4P

Original Poster:

5,698 posts

205 months

Thursday 15th December 2022
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Been looking on the used OPC site and the amount of cars now way in excess of £100k and so got me thinking are some of them really worth that much? Take the 992GTS for example they are all circa £130-160k used, now to me that’s a 991.2GT3 or a lightly used Turbo or even a new 718gt4 with a large amount of change to buy a new decent runaround.
Now I have driven a 992gts only for an hour or so mind and I haven’t driven a Porsche for a long time and I can honestly say that I didn’t feel blown away or overly impressed with it to other Pork I have driven in the past , yes it’s a nice car to drive but so is a BMW saloon I even got back into our JCW afterwards and thought this ain’t to shabby at a fifth of the price.
To me and I don’t mean to offend it’s just not worth north of £100k making something like a 718 4.0GTS seem such good value at half the price or am I missing something? I get the rear seats/911 thing but is not say a lightly use 991.2 better proposition and some might say a nicer car?



Edited by GT4P on Thursday 15th December 12:37

simonsti

277 posts

164 months

Thursday 15th December 2022
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Totally agree, I test drove a RWD GTS recently and it was a lovely car to drive and to look at...

I just couldn't see the value at £140K...looking forward to test driving a Carrera T to see how they compare.

Hoofy

79,123 posts

302 months

Thursday 15th December 2022
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If someone hands over money then...

GT4P

Original Poster:

5,698 posts

205 months

Thursday 15th December 2022
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simonsti said:
looking forward to test driving a Carrera T to see how they compare.
Like you say a Gts is a nice car to drive but then so is a base 911! At £120k plus I want to be blown away and feel I am in something special!
I have a T on order and I think at c£105k new (my spec.) I think it is not too bad price wise (I wouldn’t want to spend anymore)but even so compared to say a new 718gt4 at £85k (my spec.) even then it seems a tad on the expensive side. And I am sure they would cost the same to build!

Bp8575

91 posts

107 months

Thursday 15th December 2022
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Out of interest, I looked up the base price of a 997 GTS when they came out, and they came in at around £77K + options, let's say £80K. Inflation adjusted to now (including the craziness over the past few months) that's about £115K (or £105K to Jan 22). I agree with the OP, it feels to me that you have to pay a lot more for what you get and there are much better value cars out there, but maybe it's just inflation...?

Edited by Bp8575 on Thursday 15th December 16:38

Cheib

24,832 posts

195 months

Thursday 15th December 2022
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New 992 GTS for £130k to £150k or a roughly four year old 991.2 for £85k to £90k. Porsche have put prices up circa 20% in the last four or five years....992's look very expensive compared to 991.2's in my opinion. Two or three years time I'd say that difference will be about £20k.


GT4P

Original Poster:

5,698 posts

205 months

Thursday 15th December 2022
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Yes the 997 gts was about £80k all in but even some of those were discounted yet the 997.2gt3 was of a similar price I can’t remember exactly how much but I do remember 997.2gt3rs at about £95k.
Now we have the GT3 in excess of £200k it’s just crazy money!
I would understand if there was huge leaps in quality but sadly older cars seem to be better screwed together and of a nicer quality feel

Chipper

1,540 posts

237 months

Thursday 15th December 2022
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I know it’s a basic price without options but the fact Mclaren now have the Artura starting at £185000 to me makes the GT3 current prices look ridiculous, let alone GTS at £130000+

There are loads of GTS’s in the network and on Autotrader. Does anyone actually buy them and drive them these days ?

Cheib

24,832 posts

195 months

Friday 16th December 2022
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[quote=Chipper

There are loads of GTS’s in the network and on Autotrader. Does anyone actually buy them and drive them these days ?
[/quote]

Anyone would think OPC’s have queues of people who buy the first examples every new model to run it for a month or two….almost like they’re just buying the cars knowing they won’t run them for very long.

Schuey_911

877 posts

92 months

Friday 16th December 2022
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I have a 992 GTS, first owner from new on 1st Sept 2022, driving it properly and completed a trip to Germany and back visiting Nurburgring and Porsche Museum Stuttgart. Covered just over 3000 miles so far. Absolutely love it and my best car to date. I have a road trip planned for next year with a friend and his AM V12 Vantage S smile

rawenghey

550 posts

41 months

Friday 16th December 2022
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Have 911s ever been that special? Save for say the GT/RS cars? I didn't think that was their brief. For me, they are the every day, usable sports cars and the market seems to show that there is a lot of value in that proposition - cue the banal retorts of "well if they're selling at that price, then..." Their price has carried on climbing to the to the kind of levels now where they are in the same conversation as some very special cars, and I too struggle to see the justification. In trying to be all things to all people, it's always going to be a compromised car, and therefore were I in that position, I'd buy something properly special and have another car as a runaround.

Schuey_911

877 posts

92 months

Friday 16th December 2022
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It's not just Porsche though jacking up their prices. It's the way of the World at the moment and across all car manufacturers. For example, in 2013, I bought a brand new BMW E92 M3 Coupe and it was £53k. In 2017 I bought a brand new BMW F82 M4 Competition, that was £65k, In comparison, a new current gen M3/M4 is circa £90k-£95k for a good spec car, without any discount applied.

Edited by Schuey_911 on Friday 16th December 12:37

GT4P

Original Poster:

5,698 posts

205 months

Friday 16th December 2022
quotequote all
Looks like they are becoming a little more sensibly priced
https://finder.porsche.com/gb/en-GB/details/porsch...

Bonefish Blues

33,777 posts

243 months

Friday 16th December 2022
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Schuey_911 said:
...a new current gen M3/M4 is circa £90k-£95k for a good spec car, with any discount applied.
I could swear you just said that thing above.

Dear Lord on a Bicycle.

Schuey_911

877 posts

92 months

Friday 16th December 2022
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Bonefish Blues said:
I could swear you just said that thing above.

Dear Lord on a Bicycle.
Crazy isn't it! And I meant to say 'without' any discount applied.

I think BMW are trying to shift them now with £12k - £15k discounts under the current climate.

rawenghey

550 posts

41 months

Friday 16th December 2022
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Schuey_911 said:
It's not just Porsche though jacking up their prices. It's the way of the World at the moment and across all car manufacturers. For example, in 2013, I bought a brand new BMW E92 M3 Coupe and it was £53k. In 2017 I bought a brand new BMW F82 M4 Competition, that was £65k, In comparison, a new current gen M3/M4 is circa £90k-£95k for a good spec car, without any discount applied.

Edited by Schuey_911 on Friday 16th December 12:37
Agreed on new prices. It's the overs that made them look even worse when compared with things like the 570S that could be had for <100k lightly used. How would you compare the 992 GTS to the M4? Despite ballpark power, the 992 feels like it'd be light years ahead I suspect?

Edited by rawenghey on Friday 16th December 14:27

Schuey_911

877 posts

92 months

Friday 16th December 2022
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rawenghey said:
Agreed on new prices. It's the overs that made them look even worse when compared with things like the 570S that could be had for <100k lightly used. How would you compare the 992 GTS to the M4? Despite ballpark power, the 992 feels like it'd be light years ahead I suspect?

Edited by rawenghey on Friday 16th December 14:27
Hi,

Honestly, a different league! And that's coming from a bit of a BMW fanboy of cars and motorbikes. I'm well and truly in love with the 911.

Porsche say the 992 GTS has 480 hp, but I swear it feels more like 520 hp ish from my bum dyno. My M4 Comp had a Stage 2 tune and I was running 555 hp, and I can confidently say the 992 GTS would beat the M4 Comp in any situation. Drag race, 2nd gear pull, 3rd gear pull, there is just no lag with the Porsche, pretty much max torque from around 2000rpm and it pulls hard right the way to the redline, feels like a rocket ship. I can only imagine what a Turbo S must be like!

In terms of handling, again the Porsche would run rings around the M4. I optioned RAS (Rear Axle Steering) on mine, and it makes a remarkable difference to the handling. You can clearly see the difference between a purpose built sports car vs a high performance coupe/saloon. Surprisingly, even in day to day driving, the Porsche is more comfortable and compliant than the M4 Comp. The M4 Comp was quite bouncy bouncy on our British A and B roads, whereas the Porsche deals with the bumps much better, even with the 305 width 21 inch rear tyres! Also, the Porsche is about 70-80kg lighter than the M4 Comp DCT was, which helps with the dynamics.


Denno B

992 posts

225 months

Friday 16th December 2022
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There does seem an awful lot of very lightly used 992 Gts on the market. I think many were bought to flip but the market is changing daily and don’t think people are prepared to pay overs on these.

Agreed that all new cars are now crazy money, think the Gts would be great value at around £100k but as mentioned have lots of competition at £130k+.

alltalk

180 posts

100 months

Saturday 17th December 2022
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GT4P said:
Looks like they are becoming a little more sensibly priced
https://finder.porsche.com/gb/en-GB/details/porsch...
What would this be list, looks like no overs ?

alltalk

180 posts

100 months

Saturday 17th December 2022
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GT4P said:
Looks like they are becoming a little more sensibly priced
https://finder.porsche.com/gb/en-GB/details/porsch...
What would this be list, looks like no overs ?