A shout to Porsche to stop the GT Filppers
Discussion
37 991.2 GT3 cars for sale with OPC’s that’s more than any other model, certainly any other 911 model most not even run in..... all trying to make a quick buck. I had to buy a used 991.1 at list or over and was laughed at by dealers trying to buy a new 991.2....
I will keep my 991.1 for good if not a very long time, my 964RS was a 10 year affair, sold when I had no option..
I hope this impacts the resale of the 991.2 and they go below list and yes that will ‘hit’ my car as well but that’s a price I’d pay for better control of sales, especially as I’m not selling my car...
I will keep my 991.1 for good if not a very long time, my 964RS was a 10 year affair, sold when I had no option..
I hope this impacts the resale of the 991.2 and they go below list and yes that will ‘hit’ my car as well but that’s a price I’d pay for better control of sales, especially as I’m not selling my car...
I think the market is softening on these now for sure, but they are still good value at slightly over list price.
I think people have just got to forget what the original purchase price is and instead just focus on what the cars are worth to them.
Although, £200k + for a touring is rediculous!!
I think people have just got to forget what the original purchase price is and instead just focus on what the cars are worth to them.
Although, £200k + for a touring is rediculous!!
hunter 66 said:
Possibly made too many GT cars than the market truly needed as when the investors leave it will be back like it was years ago ...
RS clients flipping them back in, all came at once. Clientele won't pay more than list for the car. Rightly so. Investors have already left or are bailing.The R is less than half the current flipper 'want' , over the water. [url]
|https://thumbsnap.com/kTIF02Cq[/url]Edited by Robbo66 on Wednesday 11th July 11:10
hunter 66 said:
Possibly made too many GT cars than the market truly needed as when the investors leave it will be back like it was years ago ...
OPC have funded the flippers this time round though, nothing to do with Porsche imo, seems a big % of the cars have been miss sold to flip on purpose straight back to the OPC's !There are not enough GT cars made but there are too many GT cars at overs for the market. Flippers don't pay overs and the man in the street cannot afford £200k toys.
GT cars are very good value over Ferrari and Lambo esp running costs vs those models.
No one makes a car like the manual NA 991.2 GT3 at any price do they ?
GT4 is also a great market hence cars are selling at overs to people who want a mini GT car and don't mind the £5k overs.
seems the only car which is moving atm at the right price of course ie not daft money but sub £80k
for the 991.2 to drop the 991.1 needs to be £90k there will always be a £30k difference over the 2 models.
will we see that much of a correction, or will the 991.2 cars start selling at £150k if every one dropped the prices over night £20k
only super cars which interests me at these amounts are the AMG GT-R now below list and the Performanti again below list so look good value cars.
991.2 GT3 at £20k overs seems ok for the market once things have calmed down.
The new GT4 will be the interesting car imo if they can knock out another manual 4.0l NA GT car for £70k list, that's the car to have imo value wise.
I would forgo a few things to have a bit more money in my pocket for a new GT4 over a GT3 if they nail it in a few key area's.
atm the manual GT3 991.2 is pretty untouchable as a car in this market sector (if you want manual) even at £155k
woollyjoe said:
I think the market will stop flippers...
we're seeing a very unfavourable UK market borne out of Brexit.
not sure Brexit has anything to do with people who flip things for money, Rolex you make 100% if not more if you flip, it's not just the car market.we're seeing a very unfavourable UK market borne out of Brexit.
Only thing to stop it would be massive interest rate rises, which cannot happen atm.
Brexit is great for the UK and the £ will be one of the strongest imo in a few years, the EU will fail, it's in a massive hole and out of control, only take a few more to leave of which some want to already and that's the end of that scam organization where no one votes for them and wages are out of control !!!
"Bank of England governor Mark Carney upbeat on UK growth"
I know it's been like this for a lot of people for a long time, but seems to me that 'the game' moved on to a new level in recent months, and the number of Gt3 for sale is symptomatic.
Dealers currently have a long list of people willing to buy a £10 for £5, and the GT3.2 became bargaining chip.
You bought a few other cars to get one (helps if you will take finance at uncompetitive rates), but you also had to agree to give it back to supplying dealer at list price when time comes, or you're off the 'free money' list. So, they've been traded in at list, or agreed big SOR fees, or given back as future brownie points for RS, Speedster etc.
At the same time, production will keep ramping up on all these cars, as VAG needs the cash. (Eg 600 x 4.0RS; 991 x R; 1948 xSpeedster)
Wil be funny if dealers eventually get stuck with cars they can't sell at list, market confidence takes a hit, and they have to scrabble round trying to make up to previous good customers who have been sidelined in the feeding frenzy.
Dealers currently have a long list of people willing to buy a £10 for £5, and the GT3.2 became bargaining chip.
You bought a few other cars to get one (helps if you will take finance at uncompetitive rates), but you also had to agree to give it back to supplying dealer at list price when time comes, or you're off the 'free money' list. So, they've been traded in at list, or agreed big SOR fees, or given back as future brownie points for RS, Speedster etc.
At the same time, production will keep ramping up on all these cars, as VAG needs the cash. (Eg 600 x 4.0RS; 991 x R; 1948 xSpeedster)
Wil be funny if dealers eventually get stuck with cars they can't sell at list, market confidence takes a hit, and they have to scrabble round trying to make up to previous good customers who have been sidelined in the feeding frenzy.
Exactly... Well Put.
footsoldier said:
I know it's been like this for a lot of people for a long time, but seems to me that 'the game' moved on to a new level in recent months, and the number of Gt3 for sale is symptomatic.
Dealers currently have a long list of people willing to buy a £10 for £5, and the GT3.2 became bargaining chip.
You bought a few other cars to get one (helps if you will take finance at uncompetitive rates), but you also had to agree to give it back to supplying dealer at list price when time comes, or you're off the 'free money' list. So, they've been traded in at list, or agreed big SOR fees, or given back as future brownie points for RS, Speedster etc.
At the same time, production will keep ramping up on all these cars, as VAG needs the cash. (Eg 600 x 4.0RS; 991 x R; 1948 xSpeedster)
Wil be funny if dealers eventually get stuck with cars they can't sell at list, market confidence takes a hit, and they have to scrabble round trying to make up to previous good customers who have been sidelined in the feeding frenzy.
Dealers currently have a long list of people willing to buy a £10 for £5, and the GT3.2 became bargaining chip.
You bought a few other cars to get one (helps if you will take finance at uncompetitive rates), but you also had to agree to give it back to supplying dealer at list price when time comes, or you're off the 'free money' list. So, they've been traded in at list, or agreed big SOR fees, or given back as future brownie points for RS, Speedster etc.
At the same time, production will keep ramping up on all these cars, as VAG needs the cash. (Eg 600 x 4.0RS; 991 x R; 1948 xSpeedster)
Wil be funny if dealers eventually get stuck with cars they can't sell at list, market confidence takes a hit, and they have to scrabble round trying to make up to previous good customers who have been sidelined in the feeding frenzy.
Porsche911R said:
OPC have funded the flippers this time round though, nothing to do with Porsche imo, seems a big % of the cars have been miss sold to flip on purpose straight back to the OPC's !
There are not enough GT cars made but there are too many GT cars at overs for the market. Flippers don't pay overs and the man in the street cannot afford £200k toys.
GT cars are very good value over Ferrari and Lambo esp running costs vs those models.
No one makes a car like the manual NA 991.2 GT3 at any price do they ?
GT4 is also a great market hence cars are selling at overs to people who want a mini GT car and don't mind the £5k overs.
seems the only car which is moving atm at the right price of course ie not daft money but sub £80k
for the 991.2 to drop the 991.1 needs to be £90k there will always be a £30k difference over the 2 models.
will we see that much of a correction, or will the 991.2 cars start selling at £150k if every one dropped the prices over night £20k
only super cars which interests me at these amounts are the AMG GT-R now below list and the Performanti again below list so look good value cars.
991.2 GT3 at £20k overs seems ok for the market once things have calmed down.
The new GT4 will be the interesting car imo if they can knock out another manual 4.0l NA GT car for £70k list, that's the car to have imo value wise.
I would forgo a few things to have a bit more money in my pocket for a new GT4 over a GT3 if they nail it in a few key area's.
atm the manual GT3 991.2 is pretty untouchable as a car in this market sector (if you want manual) even at £155k
I am fairly sure you have commented on how poor the ride quality was on earlier gt3s (which I agree with) so why on earth would you even consider a Merc AMG GTR ? I have been on better riding horse drawn carts.There are not enough GT cars made but there are too many GT cars at overs for the market. Flippers don't pay overs and the man in the street cannot afford £200k toys.
GT cars are very good value over Ferrari and Lambo esp running costs vs those models.
No one makes a car like the manual NA 991.2 GT3 at any price do they ?
GT4 is also a great market hence cars are selling at overs to people who want a mini GT car and don't mind the £5k overs.
seems the only car which is moving atm at the right price of course ie not daft money but sub £80k
for the 991.2 to drop the 991.1 needs to be £90k there will always be a £30k difference over the 2 models.
will we see that much of a correction, or will the 991.2 cars start selling at £150k if every one dropped the prices over night £20k
only super cars which interests me at these amounts are the AMG GT-R now below list and the Performanti again below list so look good value cars.
991.2 GT3 at £20k overs seems ok for the market once things have calmed down.
The new GT4 will be the interesting car imo if they can knock out another manual 4.0l NA GT car for £70k list, that's the car to have imo value wise.
I would forgo a few things to have a bit more money in my pocket for a new GT4 over a GT3 if they nail it in a few key area's.
atm the manual GT3 991.2 is pretty untouchable as a car in this market sector (if you want manual) even at £155k
As a track toy for wide tracks it may be appealing but its even more uncomfortable than the standard gt which is horrible.
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