991 GT3 Gen 2

Author
Discussion

SC50

116 posts

136 months

Friday 16th November 2018
quotequote all
av185 said:
For months we have been saying and more importantly proving on here they don't exist other than in the pipe dreams of a few certain wannabe posters attempting in vain to talk down prices.

Moreover the £20k+ etc premiums for the right cars are here to stay for the foreseeable future as happened with the gen 1 GT3 and GT4(proportionately).

As we approach next Spring and the peak buying season, prices will rise as the flipped cars are sold, enthusiasts reenter the market and the existing relatively low stock of the right spec cars is reduced further.

As ever, the best time to buy a 911 and in this case GT3 is between now and Christmas.
Got mine 6 weeks ago and paid 160k for a full fat with all the bits and no miles.

Very happy

Robbo66

3,834 posts

234 months

Friday 16th November 2018
quotequote all
av185 said:
For months we have been saying and more importantly proving on here they don't exist other than in the pipe dreams of a few certain wannabe posters attempting in vain to talk down prices.

Moreover the £20k+ etc premiums for the right cars are here to stay for the foreseeable future as happened with the gen 1 GT3 and GT4(proportionately).

As we approach next Spring and the peak buying season, prices will rise as the flipped cars are sold, enthusiasts reenter the market and the existing relatively low stock of the right spec cars is reduced further.

As ever, the best time to buy a 911 and in this case GT3 is between now and Christmas.
I'm not I promise, but simply do not agree on any of that. No interest in headline RRP as advertised, its the cost to get out.

Porsche911R

21,146 posts

266 months

Friday 16th November 2018
quotequote all
the thing is very few cars again for sale, stock is moving daily.

the Blue high spec manual car has sold as did the Kendal car, 2 really high speced cars gone.

So if you want a manual bucket seated car with lift now, there is only one left at an OPC I think.

come spring picking up 991.2 Manual GT3 will be rare as hens teeth imo, there is really no other car like it hence they ARE selling if highly speced.

one car left who's buying it ?


DT398

1,745 posts

149 months

Friday 16th November 2018
quotequote all
Honestly can’t see the conditions that will drive prices up in the spring. Yes, it used to happen back in the days of the 996 and 997 gt3s but this was against a general backdrop of depreciation year on year and there was a bit of a “bounce” in the spring when demand went up a bit ahead of the track day season.

I wonder back then, what proportion of the 996 and 997 got used on track? A way higher percentage than the 991 gt3 with 300 gen1s and 500+ gen 2s available today. I mean, everyone is raving about what great road cars they are, so imho the game has changed and the track season bounce applies much less to them.

In my view, there is no bunch of “enthusiasts” sitting there waiting to pile in when the evenings start getting lighter. Those that are minded still to track the 991 gt3 or RS have them sitting in the garage now (or drive them on the road over the winter) and will have an eye on the 992, which by all accounts will be n/a and better than the 991 of course.

996 and 997 are much lower in number and have found their level and even they have drifted down over the course of this year. 991 is still to find its level and there are plenty about.

None of this adds up to an increase in value anytime soon, all imho.

franki68

10,425 posts

222 months

Friday 16th November 2018
quotequote all
Porsche911R said:
the thing is very few cars again for sale, stock is moving daily.

the Blue high spec manual car has sold as did the Kendal car, 2 really high speced cars gone.

So if you want a manual bucket seated car with lift now, there is only one left at an OPC I think.

come spring picking up 991.2 Manual GT3 will be rare as hens teeth imo, there is really no other car like it hence they ARE selling if highly speced.

one car left who's buying it ?
There’s at least 3 with that spec on ph from opc’s and that’s not including tourings which are perceived by the market as more desirable .


Porsche911R

21,146 posts

266 months

Friday 16th November 2018
quotequote all
DT398 said:
None of this adds up to an increase in value anytime soon, all imho.
all about supply, demand and the next models specs.

As I stated 2 high spec manuals sold last week, that leaves one for sale.

Come spring there might be none and anyone wanting a manual PCCB car in 2019 might not find any for sale so when they do come up the price might reflect that.

who knows, that's what used to happen even before the overs, cheaper cars NOV . DEC , JAN , firm prices after that and if no cars, some times higher prices.

All we know is people ARE paying these prices now for the right cars and I doubt these people are going to sell in 2019, so just less and less cars will come for sale.

PDK take your pick in cars and brands, manuals is another story imo.

GT4 might play a part if is amazing spec and they make an RS at £80k and they flood the market with another 600/700 cars.

why pay overs for a GT3, if you can spec and buy a new manual 4.0l GT4 at £80k, but the GT4 needs to up it's game to get anywhere close to a GT3 atm.

Porsche911R

21,146 posts

266 months

Friday 16th November 2018
quotequote all
franki68 said:
There’s at least 3 with that spec on ph from opc’s and that’s not including tourings which are perceived by the market as more desirable .
there is one car (PH shows a lot of PDK cars in the manual section ! ) , and I don't look at touring's it's a different market imo , and more desirable !, well none are selling 2nd hand are they at these prices. imo it's a very small market for the T and has no bearing on winged prices, if anything it makes winged cars look very cheap, the markets pretty flowing for high spec manual winged GT3's 5 we know off in the last week alone on here if you take JZM, OPC and the mystery £129k mega buy , T stock is stale pretty much as are PDK cars.

It what it is, and if higher spec winged manuals keep selling at £25k overs in winter they will soon run out as I cannot see these people selling after paying overs for them.

Edited by Porsche911R on Friday 16th November 12:39

franki68

10,425 posts

222 months

Friday 16th November 2018
quotequote all
Porsche911R said:
franki68 said:
There’s at least 3 with that spec on ph from opc’s and that’s not including tourings which are perceived by the market as more desirable .
there is one car (PH shows a lot of PDK cars in the manual section ! ) , and I don't look at touring's it's a different market imo , and more desirable !, well none are selling 2nd hand are they at these prices. imo it's a very small market for the T and has no bearing on winged prices, if anything it makes winged cars look very cheap, the markets pretty flowing for high spec manual winged GT3's 5 we know off in the last week alone on here if you take JZM, OPC and the mystery £129k mega buy , T stock is stale pretty much as are PDK cars.

It what it is, and if higher spec winged manuals keep selling at £25k overs in winter they will soon run out as I cannot see these people selling after paying overs for them.

Edited by Porsche911R on Friday 16th November 12:39
Ph do show a few pdk as manuals ,but I know that so I do look at the pics ,and gave up counting after 3,and that’s your particular spec at opcs ,there are more without lift but with manual and buckets.
You keep changing the criteria to suit your argument,firstly you state opc stock and then when referring to sales you quote cars shifting at non opc’s.
The gt3 is a great car regardless of spec, and is great value even at overs ,they have supplied too many for the current market and so the market is not what a lot of people expected.

Just enjoy the car ,don’t worry about the values you will not do insane sums in on the car.


Robbo66

3,834 posts

234 months

Friday 16th November 2018
quotequote all
DT398 said:
In my view, there is no bunch of “enthusiasts” sitting there waiting to pile in when the evenings start getting lighter. Those that are minded still to track the 991 gt3 or RS have them sitting in the garage now (or drive them on the road over the winter) and will have an eye on the 992, which by all accounts will be n/a and better than the 991 of course.

None of this adds up to an increase in value anytime soon, all imho.
100%, and I know of several, but they won't pay silly overs at £20k....not with early 992 GT3, the fact it's N/A, uncertainty in the economy and the enormous stock pile for sale soon to be boosted by exchanges for W/P 991RS.

Juno

4,481 posts

250 months

Friday 16th November 2018
quotequote all
Robbo66 said:
DT398 said:
In my view, there is no bunch of “enthusiasts” sitting there waiting to pile in when the evenings start getting lighter. Those that are minded still to track the 991 gt3 or RS have them sitting in the garage now (or drive them on the road over the winter) and will have an eye on the 992, which by all accounts will be n/a and better than the 991 of course.

None of this adds up to an increase in value anytime soon, all imho.
100%, and I know of several, but they won't pay silly overs at £20k....not with early 992 GT3, the fact it's N/A, uncertainty in the economy and the enormous stock pile for sale soon to be boosted by exchanges for W/P 991RS.
Did you say 991RS WP ??????????????????????????????????????????????????????

Porsche911R

21,146 posts

266 months

Friday 16th November 2018
quotequote all
franki68 said:
Ph do show a few pdk as manuals ,but I know that so I do look at the pics ,and gave up counting after 3,and that’s your particular spec at opcs ,there are more without lift but with manual and buckets.
You keep changing the criteria to suit your argument,firstly you state opc stock and then when referring to sales you quote cars shifting at non opc’s.
The gt3 is a great car regardless of spec, and is great value even at overs ,they have supplied too many for the current market and so the market is not what a lot of people expected.

Just enjoy the car ,don’t worry about the values you will not do insane sums in on the car.
I said 2 OPC cars but we also know of 2 JZM cars and that odd £129k car so nothing has changed that's 5 we know of in just 1 week 2 being OPC cars
but all being manual , buckets seated cars with lift !

as for spec, it seems people are buying bucket seated manuals with lift and PCCB's. again nothings changed, or if it has that's a typo or oversite on my behalf.

I would not look at OPC PH adverts it's misleading, OPC cars are the on the OPC site and get taken off that the minute they are sold.

of course they have not supplied too many ! I know many people who wanted one who don't have one and would buy at list today if they could hence why the cars are still at overs today 12 months after they were released !

what do people expect the market to be btw ?

franki68

10,425 posts

222 months

Friday 16th November 2018
quotequote all
just drive the damn thing not just you everyone else who has one and posts about values and how great their spec is,it's boring.

Porsche911R

21,146 posts

266 months

Friday 16th November 2018
quotequote all
franki68 said:
just drive the damn thing not just you everyone else who has one and posts about values and how great their spec is,it's boring.
I also think it is quite dull but facts are facts at the end of the day and people love a chat about specs and values it seems !

franki68

10,425 posts

222 months

Friday 16th November 2018
quotequote all
Porsche911R said:
franki68 said:
just drive the damn thing not just you everyone else who has one and posts about values and how great their spec is,it's boring.
I also think it is quite dull but facts are facts at the end of the day and people love a chat about specs and values it seems !
People without gt3s talk values down and people with gt3s talk them up ,people with gt3s talk their own spec up and other people’s down that’s all that goes on and has little to do with facts .


Cheib

23,292 posts

176 months

Friday 16th November 2018
quotequote all
Robbo66 said:
100%, and I know of several, but they won't pay silly overs at £20k....not with early 992 GT3, the fact it's N/A, uncertainty in the economy and the enormous stock pile for sale soon to be boosted by exchanges for W/P 991RS.
If the UK gets 100 991.2 GT3 RS build slots in the second batch I’d imagine at least 50% will be trading in cars and most probably the 991.2 GT3.

As Robbo said if the UK does get that allocation prices will fall IMHO.

Robbo66

3,834 posts

234 months

Friday 16th November 2018
quotequote all
franki68 said:
Porsche911R said:
franki68 said:
just drive the damn thing not just you everyone else who has one and posts about values and how great their spec is,it's boring.
I also think it is quite dull but facts are facts at the end of the day and people love a chat about specs and values it seems !
People without gt3s talk values down and people with gt3s talk them up ,people with gt3s talk their own spec up and other people’s down that’s all that goes on and has little to do with facts .
Don't tar everyone with the same brush, we're not all that shallow. Been buying these for 30 years, no axe to grind either way. What remains staggering is the reluctance by some to accept the blindingly obvious.

av185

18,524 posts

128 months

Friday 16th November 2018
quotequote all
SC50 said:
av185 said:
For months we have been saying and more importantly proving on here they don't exist other than in the pipe dreams of a few certain wannabe posters attempting in vain to talk down prices.

Moreover the £20k+ etc premiums for the right cars are here to stay for the foreseeable future as happened with the gen 1 GT3 and GT4(proportionately).

As we approach next Spring and the peak buying season, prices will rise as the flipped cars are sold, enthusiasts reenter the market and the existing relatively low stock of the right spec cars is reduced further.

As ever, the best time to buy a 911 and in this case GT3 is between now and Christmas.
Got mine 6 weeks ago and paid 160k for a full fat with all the bits and no miles.

Very happy
Good to hear accurate and true hard facts from an enthusiast who obviously checked out the realistic going market price of these cars before buying one.

£160k for a high spec low miler is good value.

Enjoy your car. White is the fastest colour too. thumbup

RSVP911

8,192 posts

134 months

Friday 16th November 2018
quotequote all
banghead

banghead

banghead

GT4RS

4,441 posts

198 months

Friday 16th November 2018
quotequote all
Cheib said:
If the UK gets 100 991.2 GT3 RS build slots in the second batch I’d imagine at least 50% will be trading in cars and most probably the 991.2 GT3.

As Robbo said if the UK does get that allocation prices will fall IMHO.
DELETED: Comment made by a member who's account has been deleted.
Agree with the above comments, Porsche have their game plan set out.

You only have to look at the sheer volume of Porsche gt cars currently for sale to work out there’s over supply.

I’m also sure the ones who get offered one of the 100 new gt3 rs UK build slots have already agreed to stand their current Porsche GT back in at a rate which protects the dealer and that means we will be having even more used Porsche gt cars coming up for sale and then there’s the issue of the new gt4 turning up!

Phooey

12,616 posts

170 months

Friday 16th November 2018
quotequote all
franki68 said:
People without gt3s talk values down and people with gt3s talk them up ,people with gt3s talk their own spec up and other people’s down that’s all that goes on and has little to do with facts .
There are a couple of members on here that work their hardest to try and pull the market back up. It's almost as though they are sweating at the thought of a slight downturn. Sometimes it makes for comical reading, other times it's just cringworthy. Have a day off guys. Go and watch Children in Need or something that'll slap you round the back of the head with a long overdue reality check and leave the values to the market. smile