Discussion
Been looking at this model for a while and the prices seem to have increased or rather the asking prices. Some of these are 4 years old now, how much were they from new? If I bought one where would their value be in 2 years time doing 10K a year. I know its not just about the money but it does help when justifying. I was considering a turbo but the equivalent year turbo has fallen in price a lot more. I'm new to 911's so excuse the lack of knowledge
Jonny TVR said:
Been looking at this model for a while and the prices seem to have increased or rather the asking prices. Some of these are 4 years old now, how much were they from new? If I bought one where would their value be in 2 years time doing 10K a year. I know its not just about the money but it does help when justifying. I was considering a turbo but the equivalent year turbo has fallen in price a lot more. I'm new to 911's so excuse the lack of knowledge
Hi JonnyNot sure if you are aware but the new 991.2 GT3 has just been announced and it will have PDK and manual gearbox options. This will have a negative affect on the PDK only 991.1 GT3 prices.
The list price of the new GT3 is £112k and current asking prices of the old GT3 are around £120k. This £120k odd price will soften depending on the availability of the new GT3. i.e. If everyone who wants one can walk in and buy one then why would anyone pay more for the older model that has known engine issues?
If I was in your shoes, I would take a trip down to your local Porsche dealer and ask about getting a new 991.2 GT3. They may tell you that you have no chance of getting one, in which case I would suggest you wait to see what happens to the old prices.
Jonny TVR said:
Been looking at this model for a while and the prices seem to have increased or rather the asking prices. Some of these are 4 years old now, how much were they from new? If I bought one where would their value be in 2 years time doing 10K a year. I know its not just about the money but it does help when justifying. I was considering a turbo but the equivalent year turbo has fallen in price a lot more. I'm new to 911's so excuse the lack of knowledge
I think the earliest cars were late 2013, so not yet 3 1/2 years old?!The new Gen 2 GT3 has just been announced, but on first review is very much a small evolution, rather than revolution and in any case is likely to have many more people interested than cars available, which should support prices for the old car.
I think the new engine is a "revolution" and would not touch a gen 1 991 GT3 myself due to the engine alone.
"it's a quantum leap and even a big step up from the RS engine. Technology goes on and we learn from the track because that kind of engine family we use in the GT3 R, in the race car it's the same family, we are on the same engine platform and the same technology and lots of parts in the second generation are in the race car. It's absolutely the same engine as in the new Cup car, for example"
"it's a quantum leap and even a big step up from the RS engine. Technology goes on and we learn from the track because that kind of engine family we use in the GT3 R, in the race car it's the same family, we are on the same engine platform and the same technology and lots of parts in the second generation are in the race car. It's absolutely the same engine as in the new Cup car, for example"
Edited by Porsche911R on Tuesday 7th March 11:34
Be interesting to see what happens to 991.1 prices as the new car will be around £200k flipped which could actually support the gen 1. GT4 prices have also firmed up as expected which will also have a bearing.
The engine issues on the gen 1 are overdone. A fantastic engine and sweeter than the RS.
Only a fool would run a 991 GT3 without warranty anyway.
The engine issues on the gen 1 are overdone. A fantastic engine and sweeter than the RS.
Only a fool would run a 991 GT3 without warranty anyway.
I think at current prices the 991.1 GT3 looks okay.....the big question is how many get sold when people get allocated a 991.2. OPC Silverstone have just got a 500 mile Gulf Orange car in which looked stunning when I saw it at the weekend. It was up for £145k. If 991.2's are really going to be £200k then what price a 500 mile 991.1 ? Interestingly it's disappeared from the AUC site this morning....
AndyCGTS said:
sidicks said:
What will those disappointed punters buy if they can't get a 991.2 GT3?
991.2 GTS or move or another brand i'd guess.Such sort term memories, they are still one hell of a road car.
The Gen 2 GT3 is great news for people looking at fast 911s full stop!
It will be a domino effect once Chris Harris declares it the best thing since sliced bread (until the next one comes along, naturally). The 991.1 GT3 prices will start to go below list by the time the new cars are delivered, and importantly for me, the 997 GT3 will lose it's USP.
More importantly though, it's just supply and demand. It sounds like there will be a lot of Gen 2s made and they've said it upfront.
For me, it'll be interesting to see how far down the chain it goes. Will people still pay £400k for a 911R? Are you sure the GT3 RS 4.0 is the 'daddy' still? Will a 'lowly' GTS model be able to hold its money when there are a boatload of GT3s to tantalise you?
Bring it on. I want my cheapo 997 GT3 please.
It will be a domino effect once Chris Harris declares it the best thing since sliced bread (until the next one comes along, naturally). The 991.1 GT3 prices will start to go below list by the time the new cars are delivered, and importantly for me, the 997 GT3 will lose it's USP.
More importantly though, it's just supply and demand. It sounds like there will be a lot of Gen 2s made and they've said it upfront.
For me, it'll be interesting to see how far down the chain it goes. Will people still pay £400k for a 911R? Are you sure the GT3 RS 4.0 is the 'daddy' still? Will a 'lowly' GTS model be able to hold its money when there are a boatload of GT3s to tantalise you?
Bring it on. I want my cheapo 997 GT3 please.
sidicks said:
Jonny TVR said:
Been looking at this model for a while and the prices seem to have increased or rather the asking prices. Some of these are 4 years old now, how much were they from new? If I bought one where would their value be in 2 years time doing 10K a year. I know its not just about the money but it does help when justifying. I was considering a turbo but the equivalent year turbo has fallen in price a lot more. I'm new to 911's so excuse the lack of knowledge
I think the earliest cars were late 2013, so not yet 3 1/2 years old?!The new Gen 2 GT3 has just been announced, but on first review is very much a small evolution, rather than revolution and in any case is likely to have many more people interested than cars available, which should support prices for the old car.
HokumPokum said:
u r dreaming. the 997 gt3 are a completely different animal.
just because they have a stick doesn't make the cars equivalent.
Agree completely but that kind of difference is certainly going to be lost on all of the motoring press that will be united in fawning over the manual gearbox and most other people as well.just because they have a stick doesn't make the cars equivalent.
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