991 GT3 RS sensible time to buy ?

991 GT3 RS sensible time to buy ?

Author
Discussion

phil bird

Original Poster:

207 posts

134 months

Tuesday 27th June 2017
quotequote all
How do you feel prices will go over next couple years, confused I've got my eye on the GT silver one at Porsche Leicester. is now a good time?

gunner

706 posts

229 months

Wednesday 28th June 2017
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Interesting question...that car has been winking at me too! I'll probably be totally wrong but my feeling is that there are plenty for sale already (Top 555 alone have three) and I would expect a few more to come to market as new GT3's roll out in earnest..so I'm holding off for now but can well understand your temptation!!

nigelonich

1,017 posts

219 months

Wednesday 28th June 2017
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Its not the fastest GT3 anymore which might get you a discount :-)

Cheib

23,112 posts

174 months

Wednesday 28th June 2017
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Impossible question to answer. It's always a good time to buy a car like a GT3 RS !

On a more serious note there are definitely a few more cars available then in recent times but they're also shifting from what i have seen. i doubt Top 555 would have three on their website if they thought they'd be stuck with them.

Big question in my mind is whether there is a 991.2 GT3RS if you are worried about values.

cormeist

828 posts

100 months

Wednesday 28th June 2017
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anonymous said:
[redacted]
Totally agree with the above.

I had a UV GT3-RS that's still forsale, the price it's up for is less than I got for it PX back in September last year!

GT3RS currently, I'm my opinion, are like high stake poker, could buy it and prices may be stable, can buy it and your 100% going to take a large bath in it, which I did, and I was worried about actually driving it as putting the miles on would devalue considerably.

So I bought an PTS 991 GT3 and can drive it when I want and not worry to much on residules! I'm even certain that when the .2 rolls out that .1's will still be stable, I don't believe the new engine will be as na ice at the top end as the 3.8

av185

18,433 posts

126 months

Wednesday 28th June 2017
quotequote all
Prices have latterly been undermined by political and market uncertainty from all sides, the usual summer lull and 'cheaper' offerings from the likes of Mclaren etc. Obvious result is much bigger spread between trade and retail.

Autumn into winter will inevitably see further price falls before an anticipated firming up towards next Spring in part supported by the likely £200k price point of the first flipped 991.2. GT3s.

WCZ

10,492 posts

193 months

Wednesday 28th June 2017
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I'd wait for sub £200k RHD examples to surface

Cheib

23,112 posts

174 months

Wednesday 28th June 2017
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WCZ said:
I'd wait for sub £200k RHD examples to surface
Already a reality. OPC Mayfair have a 10k mile Lava Orange car up for £199,900...decent spec on it. They've had it for a while....at least they had an Orange one in there maybe two months ago but could have been a different car.

https://www.pistonheads.com/classifieds/used-cars/...




Edited by Cheib on Wednesday 28th June 12:19

Shazbat

170 posts

136 months

Wednesday 28th June 2017
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phil bird said:
How do you feel prices will go over next couple years, confused I've got my eye on the GT silver one at Porsche Leicester. is now a good time?
What is going to win the 208 Epsom Derby ? If you knew already, you'd be a multi millionaire wouldn't you but of course you don't and you're not.

One things for sure, cars aint going up anymore. All these adverts stating "INVESTMENT OPPORTUNITY" in big bold letters, their creators want shootin.

Shazbat

170 posts

136 months

Wednesday 28th June 2017
quotequote all
within the limits of broad brushstrokes, yes

we can safely say that a rabbit won't be winning at Epsom next year, it will be a horse of some kind

av185

18,433 posts

126 months

Wednesday 28th June 2017
quotequote all
Cheib said:
WCZ said:
I'd wait for sub £200k RHD examples to surface
Already a reality. OPC Mayfair have a 10k mile Lava Orange car up for £199,900...decent spec on it. They've had it for a while....at least they had an Orange one in there maybe two months ago but could have been a different car.

https://www.pistonheads.com/classifieds/used-cars/...




Edited by Cheib on Wednesday 28th June 12:19
Someone on here bought a low mileage UV car last year for c £185k.

Had steels so around £15k to £20k cheaper than a ceramic car. Otherwise top spec.

Porsche911R

21,146 posts

264 months

Wednesday 28th June 2017
quotequote all
WCZ said:
I'd wait for sub £200k RHD examples to surface
ashgood just sold one for £189k and Mayfair have one sub £200k both PCCB cars.

Porsche911R

21,146 posts

264 months

Wednesday 28th June 2017
quotequote all
av185 said:
Someone on here bought a low mileage UV car last year for c £185k.

Had steels so around £15k to £20k cheaper than a ceramic car. Otherwise top spec.
lol here we go PCCB worth £20k

if any one has a steel disk car with 10k miles on it for £170k call me.

MDL111

6,895 posts

176 months

Wednesday 28th June 2017
quotequote all
Shazbat said:
phil bird said:
How do you feel prices will go over next couple years, confused I've got my eye on the GT silver one at Porsche Leicester. is now a good time?
What is going to win the 208 Epsom Derby ? If you knew already, you'd be a multi millionaire wouldn't you but of course you don't and you're not.

One things for sure, cars aint going up anymore. All these adverts stating "INVESTMENT OPPORTUNITY" in big bold letters, their creators want shootin.
I think that for the last 12 months more and more adverts in the UK as well as on the continent have had some reference to investment opp or similar - even for mainstream cars - is a pretty telling sign that we are nearing the end imo.

With regards to an RS - not sure where prices are exactly in the UK but a LHD RS at under 200k Euros (so basically list price) doesn't sound too bad value-for-pleasure/car wise to me assuming you like PDK. Sure it might lose some money (I don't think they will half in value over 3 years like most cars), but if one always worries about that, then maybe buying expensive cars is not the best thing to do in the first place

hunter 66

3,888 posts

219 months

Wednesday 28th June 2017
quotequote all
Maybe after the next Banking issue ............. scary borrowing on cars at the moment ..

Shazbat

170 posts

136 months

Wednesday 28th June 2017
quotequote all
anonymous said:
[redacted]
You're the guy who looks at a Van Gogh and says, "those stars, they're too big and bright" aren't you ?


Robbo66

3,828 posts

232 months

Wednesday 28th June 2017
quotequote all
cormeist said:
Totally agree with the above.

I had a UV GT3-RS that's still forsale, the price it's up for is less than I got for it PX back in September last year!

GT3RS currently, I'm my opinion, are like high stake poker, could buy it and prices may be stable, can buy it and your 100% going to take a large bath in it, which I did, and I was worried about actually driving it as putting the miles on would devalue considerably.

So I bought an PTS 991 GT3 and can drive it when I want and not worry to much on residules! I'm even certain that when the .2 rolls out that .1's will still be stable, I don't believe the new engine will be as na ice at the top end as the 3.8
Those considering one should read this. I've been offered two 911r's this week at sub £400k, and politely informed the flippers that I'd love one but rather not catch a falling knife.
2-3000 miles will cost you £50k +.
Same applies to the 991 RS, but even more so in relative financial terms, as there are far too many of them.
You are looking at stratospheric levels of depreciation if you drive either, hence the reason they are sticking.
So, you can't really drive them and they are not an attractive investment ....curates egg.

Jim1556

1,771 posts

155 months

Wednesday 28th June 2017
quotequote all
They might go up, they might go down, they might remain stable.

If it's for an investment, I'd wait. If it's for driving (and you have the means), you might not be here in 2 years time - you're only here once...

hornbaek

3,670 posts

234 months

Wednesday 28th June 2017
quotequote all
I agree with you on the 911R. That is quickly loosing its allure (as was predictable) and hence they will be mileage sensitive. Regarding the GT3 RS I don't think that they are that mileage sensitive, as they are not going to be collectible in that sense. You said it yourself - there are too many of them. It is a hugely accomplished car and will hold its price better than the normal 991s but will follow the normal depreciation curve. My guess only.

MDL111

6,895 posts

176 months

Wednesday 28th June 2017
quotequote all
Robbo66 said:
cormeist said:
Totally agree with the above.

I had a UV GT3-RS that's still forsale, the price it's up for is less than I got for it PX back in September last year!

GT3RS currently, I'm my opinion, are like high stake poker, could buy it and prices may be stable, can buy it and your 100% going to take a large bath in it, which I did, and I was worried about actually driving it as putting the miles on would devalue considerably.

So I bought an PTS 991 GT3 and can drive it when I want and not worry to much on residules! I'm even certain that when the .2 rolls out that .1's will still be stable, I don't believe the new engine will be as na ice at the top end as the 3.8
Those considering one should read this. I've been offered two 911r's this week at sub £400k, and politely informed the flippers that I'd love one but rather not catch a falling knife.
2-3000 miles will cost you £50k +.
Same applies to the 991 RS, but even more so in relative financial terms, as there are far too many of them.
You are looking at stratospheric levels of depreciation if you drive either, hence the reason they are sticking.
So, you can't really drive them and they are not an attractive investment ....curates egg.
I personally don't think they (991 RS) will be that sensitive to mileage in the medium term - say in 5-6 years I don't think a 30k km car will be worth much more than a 50k km car. Sure banging 30k on one in the next 12 months and then selling it next to a gazillion cars with less than 5k will lead to quite a bit of additional depreciation ...