What’s the right price for a 991.2 GT3 ?

What’s the right price for a 991.2 GT3 ?

Author
Discussion

Digga

40,373 posts

284 months

Friday 30th August 2019
quotequote all
Cheib said:
detee said:
I have been thinking about one for a while, is it now time to be brave, or wait until winter...
As has been said many, many times on this forum...they’re very spec sensitive so if there’s a car you want I would show a low but realistic bid now and see what they say. In terms of timing end of Sep is quarter end so OPC’s will be desperate to get deals done then so that that will be a better time IMHO.
Very possibly, it is still definitely ahead of any possible Brexit certainty too. However, there is no saying more (other) uncertainty does not follow, and the only way to truly know a market has reached bottom is to see prices climbing, gradually and consistently...

av185

18,517 posts

128 months

Friday 30th August 2019
quotequote all
Having regard to the probable relative 'lukewarm' reception to the 992, for various reasons, and possible 10 % Brexit surcharge resulting in the 992 likely coming in at early £160ks with a fair spec this COULD result in firming up of prices of the 991.2 into next Spring and peak buying season.

Happened with the 991.1 GT3 and prices rose again, but for different reasons.

SAG6Y

387 posts

190 months

Friday 30th August 2019
quotequote all
Just seen this thread on PH about the MB GT3 at Redline. I’ve put a deposit on that car, and though unseen, hope it’s a good one. I was quite concerned about the numbers of owners but it’s a great spec with full PPF. I’m planning on enjoying that car for many years so I guess it’s not that important. Hopefully picking her up on Tuesday. Can’t wait!!

Taffy66

5,964 posts

103 months

Friday 30th August 2019
quotequote all
SAG6Y said:
Just seen this thread on PH about the MB GT3 at Redline. I’ve put a deposit on that car, and though unseen, hope it’s a good one. I was quite concerned about the numbers of owners but it’s a great spec with full PPF. I’m planning on enjoying that car for many years so I guess it’s not that important. Hopefully picking her up on Tuesday. Can’t wait!!
That's one of the nicest spec GT3s i've seen..18/18 plate manual and Redline 's asking price was less than it cost new if you include the PPF and £2k tax..Three owners means nothing on this type of car as the first owner probably flipped it with only a few hundred miles on it..I've seen plenty of them at my OPC..Just goes to show that the Porsche GT allocations are still not going to the right people who want the car for driving not flipping.
I bought my Ferrari from them last Dec and found them a very genuine outfit to deal with..All the best.

Cheib

23,288 posts

176 months

Friday 30th August 2019
quotequote all
Digga said:
Cheib said:
detee said:
I have been thinking about one for a while, is it now time to be brave, or wait until winter...
As has been said many, many times on this forum...they’re very spec sensitive so if there’s a car you want I would show a low but realistic bid now and see what they say. In terms of timing end of Sep is quarter end so OPC’s will be desperate to get deals done then so that that will be a better time IMHO.
Very possibly, it is still definitely ahead of any possible Brexit certainty too. However, there is no saying more (other) uncertainty does not follow, and the only way to truly know a market has reached bottom is to see prices climbing, gradually and consistently...
We need to see the “pain trade” before there’s any chance of the market correcting....the path of least resistance is lower simply because so many people want it to go higher/have vested interests in it. Collectors/Dealers/Manufacturers and add people like us that own cars for fun rather than as a utility.. I’d say we’ll see some of the specialist dealers that have sprung up over the last few years go bust in the next couple of years...the ones that just have sales and don’t offer servicing/restoration.storage are very vulnerable I would think.

av185

18,517 posts

128 months

Friday 30th August 2019
quotequote all
Taffy66 said:
SAG6Y said:
Just seen this thread on PH about the MB GT3 at Redline. I’ve put a deposit on that car, and though unseen, hope it’s a good one. I was quite concerned about the numbers of owners but it’s a great spec with full PPF. I’m planning on enjoying that car for many years so I guess it’s not that important. Hopefully picking her up on Tuesday. Can’t wait!!
That's one of the nicest spec GT3s i've seen..18/18 plate manual and Redline 's asking price was less than it cost new if you include the PPF and £2k tax..Three owners means nothing on this type of car as the first owner probably flipped it with only a few hundred miles on it..I've seen plenty of them at my OPC..Just goes to show that the Porsche GT allocations are still not going to the right people who want the car for driving not flipping.
I bought my Ferrari from them last Dec and found them a very genuine outfit to deal with..All the best.
Yep Redline have a good reputation and carry quite amazing stock at good prices.

Anyone into serious cars and in the Knaresborough area with an hour to kill it's definitely worth calling in for a look if only for interest.

GT4RS

4,441 posts

198 months

Saturday 31st August 2019
quotequote all
SAG6Y said:
Just seen this thread on PH about the MB GT3 at Redline. I’ve put a deposit on that car, and though unseen, hope it’s a good one. I was quite concerned about the numbers of owners but it’s a great spec with full PPF. I’m planning on enjoying that car for many years so I guess it’s not that important. Hopefully picking her up on Tuesday. Can’t wait!!
Congratulations it looked a beautiful spec and the cage being painted really sets it off.

It seems you have bagged one of the first high spec independently advertised 991.2 gt3 cars for sale at under list.

Boyd Rees

145 posts

99 months

Saturday 31st August 2019
quotequote all
GT4RS said:
av185 said:
detee said:
It was a great car, and as people have said a good buy for someone. It has had three previous owners.
Blimey.
Is it really a shock

First one bought it to flip properly never used it.

Second one bought it thinking he would also make money, which he didn’t so panic sold after paying overs.

Third person bought it and used it then sold it on after putting a big fat smile on his face!
Exactly the position with my car. I’m now the third owner.

First owner specced the car with virtually every extra including full PPF. Guessing it was c £140k

Second owner bought it for £180k and did less than 800 miles.

Third owner (me) paid £145k from Porsche Exeter and intend to carry on thrashing the absolute arse out of it at every opportunity I get.

The fact the first two owners did less than 2500 miles between them in their ownership makes zero difference to what is a totally stunning machine.

Dave_T

190 posts

108 months

Saturday 31st August 2019
quotequote all
Taffy66 said:
SAG6Y said:
Just seen this thread on PH about the MB GT3 at Redline. I’ve put a deposit on that car, and though unseen, hope it’s a good one. I was quite concerned about the numbers of owners but it’s a great spec with full PPF. I’m planning on enjoying that car for many years so I guess it’s not that important. Hopefully picking her up on Tuesday. Can’t wait!!
That's one of the nicest spec GT3s i've seen..18/18 plate manual and Redline 's asking price was less than it cost new if you include the PPF and £2k tax..Three owners means nothing on this type of car as the first owner probably flipped it with only a few hundred miles on it..I've seen plenty of them at my OPC..Just goes to show that the Porsche GT allocations are still not going to the right people who want the car for driving not flipping.
I bought my Ferrari from them last Dec and found them a very genuine outfit to deal with..All the best.
Great choice you’ll love it!

GT4RS

4,441 posts

198 months

Saturday 31st August 2019
quotequote all
Boyd Rees said:
GT4RS said:
av185 said:
detee said:
It was a great car, and as people have said a good buy for someone. It has had three previous owners.
Blimey.
Is it really a shock

First one bought it to flip properly never used it.

Second one bought it thinking he would also make money, which he didn’t so panic sold after paying overs.

Third person bought it and used it then sold it on after putting a big fat smile on his face!
Exactly the position with my car. I’m now the third owner.

First owner specced the car with virtually every extra including full PPF. Guessing it was c £140k

Second owner bought it for £180k and did less than 800 miles.

Third owner (me) paid £145k from Porsche Exeter and intend to carry on thrashing the absolute arse out of it at every opportunity I get.

The fact the first two owners did less than 2500 miles between them in their ownership makes zero difference to what is a totally stunning machine.
Second owner lost a fortune!

Clearly they had it for a short time and did very little pleasurable driving miles....

detee

628 posts

150 months

Saturday 31st August 2019
quotequote all
It is no wonder the independents are doing so well, they are pricing competitively and being fair with part exchanges.

I have spoke to three OPC’s about a GT3 in their stock and they would not shift on price, and made derisory bids on my T.

To be fair to Redline their part ex was there or there about and the MB car was priced keenly. It is a fabulous car.

There also seems to be a lot of “selling on behalf of a customer”

I have certainly decided that it is probably cheaper to buy at overs, than keep buying cars from an OPC in the hope of an allocation.

An odd market it seems!

cowboyengineer

1,411 posts

115 months

Saturday 31st August 2019
quotequote all
When I sold my gt3 I tried to trade in back to the dealer. They offered my 10k lower then the trade in bid saying it would put me in good stead to get the next gt3, I actually sold it next day for 15k more then they offered. Now I’m in a position to buy another looks like I’ll only be paying about 10k over list if I buy from a dealer and/or at list if I buy from a specialist so that 15k loss would have been for nothing really. Except I’m buying a nearly new car instead of a new one. Also I didn’t have to buy a 4pot cayster


My last gt3 when I bought it was 2 years old and I was the 4th owner. It only had 1100 miles!

The whole thing is stupid!

av185

18,517 posts

128 months

Saturday 31st August 2019
quotequote all
detee said:
I have spoke to three OPC’s about a GT3 in their stock and they would not shift on price, and made derisory bids on my T.
Don't accept stupid money for your T they sell very well. Unsurprising considering only 174 UK cars very few of which are the 'correct' lightweight spec.

I put mine back into my OPC and it sold SOR within 3 days at just £5k under list £ (18 18 2k miles 'manuel' basic spec comfort seats except T pack lightweight glass pcm etc).

Give it a couple of years and these will be a future classic imo ( similar to the 997 GTS) especially bearing in mind they are the last of the narrow bodied Carreras and are very similar to the 997.1 in many respects including sound. Punters are slowly latching onto this and as a package at the money they are great value.

Cheib

23,288 posts

176 months

Saturday 31st August 2019
quotequote all
I suspect OPC’s are loathed to reduce prices at the moment becuase they are either just about breaking even/losing money on cars they have in stock. Rather than looking at an offer on a car as being a reasonable one (in the market context) they just dismiss it because it’s not the number they want based on what it costs them! Then a month later they reduce it....and it’s probably less than they have previously been offered for it.

IREvans

1,126 posts

123 months

Saturday 31st August 2019
quotequote all
av185 said:
Don't accept stupid money for your T they sell very well. Unsurprising considering only 174 UK cars very few of which are the 'correct' lightweight spec.

I put mine back into my OPC and it sold SOR within 3 days at just £5k under list £ (18 18 2k miles 'manuel' basic spec comfort seats except T pack lightweight glass pcm etc).

Give it a couple of years and these will be a future classic imo ( similar to the 997 GTS) especially bearing in mind they are the last of the narrow bodied Carreras and are very similar to the 997.1 in many respects including sound. Punters are slowly latching onto this and as a package at the money they are great value.
I loved my Carrera T, and actually preferred it over a 991.2 GTS which I had just before it...

Taffy66

5,964 posts

103 months

Saturday 31st August 2019
quotequote all
av185 said:
Don't accept stupid money for your T they sell very well. Unsurprising considering only 174 UK cars very few of which are the 'correct' lightweight spec.
The 175 is the Manual T numbers. There are another 100 PKD Ts so 275 in total..Still rare when you compare to the 600+ 991.2GT3 figures.

av185

18,517 posts

128 months

Saturday 31st August 2019
quotequote all
Taffy66 said:
av185 said:
Don't accept stupid money for your T they sell very well. Unsurprising considering only 174 UK cars very few of which are the 'correct' lightweight spec.
The 175 is the Manual T numbers. There are another 100 PKD Ts so 275 in total..Still rare when you compare to the 600+ 991.2GT3 figures.
Looking at carcolours.co.uk Taffy they say 176 Carrera Ts in total (175 2018, 1 2019).

Black 34
Blue 11
Orange 4
Red 22
Silver 43
White 30
Yellow 32

My OPC only got 4 Ts.

They also state 592 981 GT4s and 227 981 Spyders which is correct.

Yellow T

370 posts

73 months

Saturday 31st August 2019
quotequote all
Isn't that just the numbers for the manual T's? If you look under Carrera T -SA you'll get the PDK stats.

Yellow T

370 posts

73 months

Saturday 31st August 2019
quotequote all
PDK T numbers:

Black - 37
Blue - 2
Green - 1 (how was there a green one when there was no PTS??)
Orange - 2
Red - 7
Silver - 22
White - 16
Yellow - 11

Taffy66

5,964 posts

103 months

Saturday 31st August 2019
quotequote all
On the website there is another entry just below Porsche 911T and is Porsche 911T S A..This states that there were 98 PDK Ts on top of the Manual Ts.