991.1 GT3-RS: GOOD TIME TO BUY...??

[Jim1556]

Not sure I agree Steve, 7.2s seem to be sticking for ages. JZM have had 2 for months. Anything around £100k sells, the others over £110k aren't. So it would seem anyway.

Likewise, a few months ago, Cayman Rs weren't lasting long, now there's 7-8 that're hanging around for weeks.

For me, that means the asking price is to high and people are waiting for the autumn drop...

[Digga]

Jim1556 said:

For me, that means the asking price is to high and people are waiting for the autumn drop...

Always helps.

However (and I qualify this post by saying I loathe "blame Brexit" excuses for so many reasons, but...) I think the proximity and uncertainty of Brexit, combined with talk of trade wars, is inevitably seeing a lot more capital being parked on the sidelines in many areas of businesses and domestic consumption and investment.

[m33ufo]

I'm in the market for a 991.1 RS (cash waiting!). I've decided to hold off for a couple or 3 months to get a better idea of where prices are heading - obviously downward but exactly how far we're yet to discover.

I'd like a car with PTS. Is there a way to find out how many PTS cars were commissioned in the UK and what the individual colours were?

[Cheib]

Jim1556 said:

Not sure I agree Steve, 7.2s seem to be sticking for ages. JZM have had 2 for months. Anything around £100k sells, the others over £110k aren't. So it would seem anyway.

7.2's are shifting.

The car JZM currently have is the second very low mileage car they have had. The first sold very quickly.

DK Engineering sold another 7.2 RS wihin 72 hours which again was very low mileage.

OPC Leeds sold one they'd had in stock for less than a week within the last month.

That's three I know of that have sold...

I believe there are something like 140 997.2 GT3 RS's

angussampson said:

Does anyone know how many 991.1 GT3 and 991.1 GT3 RS were built for UK

Does anyone know how many 991.2 GT3 and 991.2 GT3RS were built for uk ?

Nobody knows for sure but guesstimates are

991.1 GT3 350

991.1 GT3 RS 250

991.2 GT3 400 to 450

991.2 GT3 RS 100 to 140 (there may be more cars next year)

Beginning of the year 991.1 GT3 RS's were selling in the £185k to £200k area. I'd say they are changing hands for £20k lower than that now.

[Cheib]

m33ufo said:

I'd like a car with PTS. Is there a way to find out how many PTS cars were commissioned in the UK and what the individual colours were?

Sadly not. I bought a PTS Sport Classic Grey Macan car recently and couldn't find that info out...in my case it was just of of curiosity and clearly makes bugger all difference on a car like that. Porsche GB won't release that info because of the PTS premium on GT cars.

I've seen a few come up though relatively recently. OPC Hatfield had a green (I think Viper) one for ages, Tom Hartley Jr had a Guards Red one, Romans had a Sport Classic Grey, JZM had a Carbon Black...there are a couple of blue ones in the classifieds.

I'd guess each OPC got one PTS car so 30 odd.

[m33ufo]

There's a Mexico Blue at Bolton which I'd happily take off their hands when prices stumble a little further - currently at £215K!!!

[Porsche911R]

Cheib said:

Jim1556 said:

Not sure I agree Steve, 7.2s seem to be sticking for ages. JZM have had 2 for months. Anything around £100k sells, the others over £110k aren't. So it would seem anyway.

7.2's are shifting.

I think he means the non RS models or any RS model over 2k miles lol

JZM have had their mint 997.2 must be a year then added a 2nd one a few months back.

Also the RS selling have been special 1k mile cars. Nothing else has moved which have any miles unless sub £170k.

none RS need to be £100k or less to move. JZM will drop prices though if asked, I know as I nearly bought it when my GT4 had gone and I thought the GT3 was not going to happen. 997.2 seems best of the rest for newness, performance/usable.

Edited by Porsche911R on Wednesday 18th July 13:46

[Robbo66]

I got out of my 997.2 RS as I didn't drive it enough and felt values on the slide. The grey one at Leeds was mine.

That was priced very sensibly, 6000 miles, so it flew out. Leggy cars at 10000 + miles are sticking, as they appeal to neither the investor or ....the investor infact. These were £80-£90k 3-4 years ago.

Those looking to buy one of these at current levels are being seduced by the myriad of 991.2 GT3 or 991.1 RS for sales, for similar money now.
Therefore the 997RS has been hit, hard. New Porsche man, wants the latest and greatest, has never heard of Mezger and is not interested in an 8 year old car, which will also need a warranty. Sad but true IMO.

I'm surprised by this, being a manual man. It's a proper event, seriously quick and the turn in beggars belief. Feels lighter than my old 991.1 GT3 too.

[Porsche911R]

Robbo66 said:

I got out of my 997.2 RS as I didn't drive it enough and felt values on the slide. The grey one at Leeds was mine.

looked great that 997 RS though, but as you say right colour right miles right price sold very quick.

As with all these cars add 10k miles loose £25k :-(

[JulierPass]

angussampson said:

My 'position' as a buyer....

So reading all the abve .....The way I see it ;

GT3 RS values are NOT going up and they're NOT staying put either... So they're only going ONE way and most people seem to think they are doing the same... Ok, so most of them don't own one themselves...

If there was only 3 or 4 for sale, yes the prices may stay up here, but obviously the price slide can surely only accelerate once owners realise its not a one way bet and motoring thats paid for ! ESP after such a long rise - see bitcoin..... It seems there's not enough people want to keep the cars at he moment....

I see a car advertised as the last manual with JZM or similar.....Yes perhaps it is the "last manual" (latest perhaps) last - probably not .....

Question: What prices do you know HAVE been paid for GT3 RS , recently? Someone must have bought recently? If you have skin in the game i can appreciate that you may not want to say, but if you do, well that's very decent...


Does anyone know how many 991.1 GT3 and 991.1 GT3 RS were built for UK

Does anyone know how many 991.2 GT3 and 991.2 GT3RS were built for uk ?

Looking at TROVIT cars, you can see how much the cars have been discounted recently.... It shows you the drop...If i had a car and was gonna keep it 'for ever' it wouldnt bother me , but if i was selling, looking to sel soon l, or chop it in for the latest new GT3 RS , I would be wondering where prices were going...

As i say, Im looking to buy, buti cant see the point immediately when autumns round the corner, and the prices are at worst creeping down....

You are absolutely right but I’d just buy one and enjoy it. Yes it’s going to depreciate, by about 50k if you put miles on it an use it. So that’s the price of ownership. Either accept it and enjoy what is a great car or wait another 18 to 36 months when we will really see where they will settle.

[MDL111]

10k miles is a lot nowadays for an old car? eijeijei
I recently saw a 997.2 RS for sale with 90k plus km on the clock - I think it sold (or was removed after a long time on the market). had an exchange engine too from memory
saw one (the only one I might add) at the RB Ring a couple of weeks ago - sounded better to my ears than the 991.1 RS cars that were plentiful in attendance

[jarpot]

to answer angussampson, my 1 owner, under 2,000 mile 991.1 16 reg. gt3rs sold last month via a main dealer for £194k.
Hope this helps.

[isaldiri]

7.2rs at 10k miles is leggy. Right........

[hunter 66]

Shoot , doomed, I have put 1,400 miles on my .2 RS in the last 2 weeks ........ will I lose sleep that it is now un- sellable .... maybe not .

[Robbo66]

isaldiri said:

7.2rs at 10k miles is leggy. Right........

That's the market view, not mine....'Right'

[m33ufo]

hunter 66 said:

Shoot , doomed, I have put 1,400 miles on my .2 RS in the last 2 weeks ........ will I lose sleep that it is now un- sellable .... maybe not .

Of course you won't lose any sleep - you paid list!

[Yellow491]

Robbo66 said:

I got out of my 997.2 RS as I didn't drive it enough and felt values on the slide. The grey one at Leeds was mine.

That was priced very sensibly, 6000 miles, so it flew out. Leggy cars at 10000 + miles are sticking, as they appeal to neither the investor or ....the investor infact. These were £80-£90k 3-4 years ago.

Those looking to buy one of these at current levels are being seduced by the myriad of 991.2 GT3 or 991.1 RS for sales, for similar money now.
Therefore the 997RS has been hit, hard. New Porsche man, wants the latest and greatest, has never heard of Mezger and is not interested in an 8 year old car, which will also need a warranty. Sad but true IMO.

I'm surprised by this, being a manual man. It's a proper event, seriously quick and the turn in beggars belief. Feels lighter than my old 991.1 GT3 too.

Very nice that man,i like the colour,u must be getting old

My 997rs has not been hit at all,purchased new,factory pick up will pass onto one of my boys probably,pd 112 for it well loaded,now on 8000 miles and 3rd set of tyres,so 8000 fun miles.

Looking forward to the drive in the jps gt3rs hunter next week;)

[Porsche911R]

isaldiri said:

7.2rs at 10k miles is leggy. Right........

no one has here has said it's leggy, but what miles do on these cars is change values of them quite a lot.

That's not that hard to grasp :-p

So you either pay £190k for a 1k mile car or £155k for a 20k mile car, it's a free choice.

What it stops the ave person doing is buying a 1k mile car and using it due to taking a £50k hit (inc dealer sell back price)
If one is happy to buy an as new RS at £190k with 1k miles and know it's going to cost £50k if you use it, it's a non issue.

Most I have seen with 15k plus miles on have had worn out PCCB , so that's one of the biggest check points imo.

I think the Leeds car was priced well hence it sold, but now we have a therad drift from 991's to 997's

As always buy new at list , use it as much as you like.

[hunter 66]

Yes Yellow . track time for the JPS car ( after some Hooning in Le Mans with Macca ) , as you know race RS engine issue again ...liner cracked
You bringing your RS ( noisy day can run in ) or RSR ??

Edited by hunter 66 on Wednesday 18th July 16:31

[isaldiri]

Porsche911R said:

.... but what miles do on these cars is change values of them quite a lot.

As always buy new at list , use it as much as you like.

Buying at list or otherwise doesn't change the fact putting miles on the car is going to affect the current financial value of it by a considerable amount. For something that as you say which indeed is 'not hard to grasp', your last line seems to suggest it might be harder than you think.