What’s the right price for a 991.2 GT3 ?
Discussion
gavin wot said:
67 plate 17 model reg 18. 1 owner.Decent spec decent mileage BUT non clubsport hence the price.
I would also check whether that car is actually a c16 UK spec because Sapphire wasn't actually available for UK cars on the gen 2.
Anyone not bothered about cage and on the basis it is a UK c16 car that's not bad value.
Very few non clubsport bucket seated cars around.
av185 said:
67 plate 17 model reg 18. 1 owner.
Decent spec decent mileage BUT non clubsport hence the price.
I would also check whether that car is actually a c16 UK spec because Sapphire wasn't actually available for UK cars on the gen 2.
Anyone not bothered about cage and on the basis it is a UK c16 car that's not bad value.
Very few non clubsport bucket seated cars around.
Actually Sapphire was available on the 991.2GT3..The GT3 i dove at the PEC was in this colour and my OPC delivered at least two Sapphire blue 991.2GT3s. I really like it on the GT3 TBO..Decent spec decent mileage BUT non clubsport hence the price.
I would also check whether that car is actually a c16 UK spec because Sapphire wasn't actually available for UK cars on the gen 2.
Anyone not bothered about cage and on the basis it is a UK c16 car that's not bad value.
Very few non clubsport bucket seated cars around.
Taffy66 said:
av185 said:
67 plate 17 model reg 18. 1 owner.
Decent spec decent mileage BUT non clubsport hence the price.
I would also check whether that car is actually a c16 UK spec because Sapphire wasn't actually available for UK cars on the gen 2.
Anyone not bothered about cage and on the basis it is a UK c16 car that's not bad value.
Very few non clubsport bucket seated cars around.
Actually Sapphire was available on the 991.2GT3..The GT3 i dove at the PEC was in this colour and my OPC delivered at least two Sapphire blue 991.2GT3s. I really like it on the GT3 TBO..Decent spec decent mileage BUT non clubsport hence the price.
I would also check whether that car is actually a c16 UK spec because Sapphire wasn't actually available for UK cars on the gen 2.
Anyone not bothered about cage and on the basis it is a UK c16 car that's not bad value.
Very few non clubsport bucket seated cars around.
gavin wot said:
Looks a lovely spec, looks it the idea spec weekend road car to me without the cage. These are definitely dropping no matter what one or two people keep saying on here, a few months ago this would of been 150k all day long.
Question is how far will they fall, the few 120k 991.1 gt3 cars are now starting to look very expensive against the new price point for 991.2 gt3 cars. Wouldn’t shock me if we see good spec 991.2 gt3 cars starting around 125k in December.
AV185 please don’t attack me for saying it!
GT4RS said:
gavin wot said:
Looks a lovely spec, looks it the idea spec weekend road car to me without the cage. These are definitely dropping no matter what one or two people keep saying on here, a few months ago this would of been 150k all day long.
Question is how far will they fall, the few 120k 991.1 gt3 cars are now starting to look very expensive against the new price point for 991.2 gt3 cars. Wouldn’t shock me if we see good spec 991.2 gt3 cars starting around 125k in December.
AV185 please don’t attack me for saying it!
And the reality is that with even four and a half year old 991.1 GT3s are still making list ££ retail for proper spec and mileage cars, the gen 2 will follow a similar route but will actually be more resilient price wise because as confirmed by others, it is a much better car together with other relevant factors such as GPF 'dilution' and price increases together with possible Brexit surcharge on the 992 whenever that may be launched.
So a minimum of another three years is widely anticipated before good spec and mileage gen 2s will be retail list ££.
Anyone wanting to buy a gen 2 would be well advised to jump in before Christmas as prices will inevitably rise for the best cars as progress into next year and the peak buying season commences. Furthermore the supply of proper spec and mileage cars will dwindle as has been the case with all past GT Porsches especially the sought after ones.
The recent 981 GT4 price rises are a good indicative pointer as what will happen with the 991.2 GT3 btw.
I am not sure you can draw that parallel AV. The 991.1 GT3 displayed rock solid residuals in a market where cars were appreciating generally for the first year or two. Market is very different now and...car market is in the s
t and they made twice as many 991.2’s as 991.1’s. The real problem for 991.2 GT3 prices is that 488’s and 720s’s are available for under £160k....don’t know what the right differential is but I reckon £20k feels about right....and then there’s 458’s which are available for less. All us Porsche diehards might not consider one of those but I reckon an awful lot of people that might buy a GT3 would.
Add to that maybe a 1000 GT4’s/Spyder’s coming to the UK in the next 18 months and then the new GT3....I don’t see how the market can go anywhere but down. There seem to be a fair number of buyers that just want the latest GT product from Stuttgart so I reckon a lot of GT3’s get traded in against those.
t and they made twice as many 991.2’s as 991.1’s. The real problem for 991.2 GT3 prices is that 488’s and 720s’s are available for under £160k....don’t know what the right differential is but I reckon £20k feels about right....and then there’s 458’s which are available for less. All us Porsche diehards might not consider one of those but I reckon an awful lot of people that might buy a GT3 would. Add to that maybe a 1000 GT4’s/Spyder’s coming to the UK in the next 18 months and then the new GT3....I don’t see how the market can go anywhere but down. There seem to be a fair number of buyers that just want the latest GT product from Stuttgart so I reckon a lot of GT3’s get traded in against those.
Fair points C and I do see the attractions of cars like the 720s and 488 even though these will be older cars for more money coupled with far steeper depreciation than the gen 2 GT3. The 458 is an interesting one but obviously a much older car.
The other aspect is the GT4 and Spyder are totally different cars really aimed at different markets and it could well be that the huge increase in price of the 718 over the 981 plus the potential Brexit charge could actually support values of the most recent Porsche GTs as is happening currently with the 981 GT4 particularly as many see the new wave of GPF cars being to a degree less attractive as well as more expensive than their predecessors.
The other aspect is the GT4 and Spyder are totally different cars really aimed at different markets and it could well be that the huge increase in price of the 718 over the 981 plus the potential Brexit charge could actually support values of the most recent Porsche GTs as is happening currently with the 981 GT4 particularly as many see the new wave of GPF cars being to a degree less attractive as well as more expensive than their predecessors.
AV, you may demand a "1 owner 18 18 car", but there are a lot of low mileage cars with good specs on sale through the Porsche network. Even if it is a car that was delivered late in 2017 it will have a 2 year warranty. And they can be had for very close to list, if not at list, because they have been sitting unsold in the dealerships for a long time.
av185 said:
Well that's weird Taffy because when I specced mine (later car) it was unavailable but I remember seeing the SB PDK PEC car which was obviously an early car. I drove the Crayon 'manuel' and was instantly hooked.
There's a simple explanation AV..Both SB and Graphite blue were discontinued on the GT3 half way through production for no apparent reason..I particularly like the latter colour when i saw a GT3 in it at my OPC..It sold very quickly at a very large premium despite being on steels..Quite a few buyers paid paid £40-50K premium in the first half of 2018 before it became common knowledge that 650 GT3s were registered in the UK..My RY sold very quickly at nearly £20K overs only three months ago..
I agree with Cheib in that every flavour of high end car is struggling to sell ATM...Post Brexit i fully expect with the shroud of uncertainty gone normal service will be resumed, unless we enter a full blown recession which is a distinct possibility..!
Edited by Taffy66 on Monday 16th September 23:11
av185 said:
Fair points C and I do see the attractions of cars like the 720s and 488 even though these will be older cars for more money coupled with far steeper depreciation than the gen 2 GT3. The 458 is an interesting one but obviously a much older car.
The other aspect is the GT4 and Spyder are totally different cars really aimed at different markets and it could well be that the huge increase in price of the 718 over the 981 plus the potential Brexit charge could actually support values of the most recent Porsche GTs as is happening currently with the 981 GT4 particularly as many see the new wave of GPF cars being to a degree less attractive as well as more expensive than their predecessors.
720s are 2017/8 and the 488’s are 2016/7 at the lowest price so not really that much older. I agree the GT4/Spyder are different cars but there were several PH owners that traded in GT4’s to get there GT3. I think for a lot of people there is room for one GT car in the garage and perhaps they just like having the latest car. The other aspect is the GT4 and Spyder are totally different cars really aimed at different markets and it could well be that the huge increase in price of the 718 over the 981 plus the potential Brexit charge could actually support values of the most recent Porsche GTs as is happening currently with the 981 GT4 particularly as many see the new wave of GPF cars being to a degree less attractive as well as more expensive than their predecessors.
comfortably numb said:
AV, you may demand a "1 owner 18 18 car", but there are a lot of low mileage cars with good specs on sale through the Porsche network. Even if it is a car that was delivered late in 2017 it will have a 2 year warranty. And they can be had for very close to list, if not at list, because they have been sitting unsold in the dealerships for a long time.
Any link to all these 'low mileage good spec' OPC cars? Can't see any.The only cars that fail to sell are the poor spec/weird spec/overpriced cars with 'issues.'
As proved time and time again on this and other forums it is easy to browse through ads and quote a base line figure but as most cars people previously posted up have proved, the cheaper cars (not just GT3s but any Porsche GT) are only cheap for a reason whether it be steel brakes, weird spec, non OPC car, no leather, non c16, high miles, early car or multi owners.
Interesting debate on how these will settle.
Stabilise, increase or depreciate, I’d say the latter like most cars will in the current climate, all be it fairly steadily I’d imagine.
For those who haven’t walked in to a dealer with a suitcase of cash, what gfv have owners received from opc’s? They are normally pretty close to the mark and a good indication no?
Stabilise, increase or depreciate, I’d say the latter like most cars will in the current climate, all be it fairly steadily I’d imagine.
For those who haven’t walked in to a dealer with a suitcase of cash, what gfv have owners received from opc’s? They are normally pretty close to the mark and a good indication no?
The writing is on the wall,opc cars sat around for ages,new old stock sat around,old models with big asks that aint selling.
Don't buy anything until next year and save some funds!may be even a fuel crisis on the horizon,of which we have been through before when all sports cars plummeted!
No gt3 should be overs
Don't buy anything until next year and save some funds!may be even a fuel crisis on the horizon,of which we have been through before when all sports cars plummeted!
No gt3 should be overs
Denno B said:
Interesting debate on how these will settle.
Stabilise, increase or depreciate, I’d say the latter like most cars will in the current climate, all be it fairly steadily I’d imagine.
For those who haven’t walked in to a dealer with a suitcase of cash, what gfv have owners received from opc’s? They are normally pretty close to the mark and a good indication no?
gfv means nothing I was forced to take finance and mine was £75k that was 18 months ago on a 3 year, they said "that's a very high GFV and I was lucky"Stabilise, increase or depreciate, I’d say the latter like most cars will in the current climate, all be it fairly steadily I’d imagine.
For those who haven’t walked in to a dealer with a suitcase of cash, what gfv have owners received from opc’s? They are normally pretty close to the mark and a good indication no?
I paid it off of course as PCP's are the most expensive way known to man to pay for a car. and would have cost about £40k over the term.
any one who bought a GT3 on a PCP is today worse off due to the drop in values that's a fact for sure.
most must be in for £15+k by now in interest and the cars is £5k overs. On a SOR that's £20k down In the current market minimum.
I want to know where the 50 people are on here were who said they would buy at List, come out come out where ever you are and buy a Gt3 you said you would. It seems they only wanted to make money after all, that forums for you, wannabe's by the 100's.
Now instead of buying a GT3 at list they would rather a new GT4 and make money , funny that !
people seem to care more about a £5k drop in values than loosing £40k in interest !
Common sense says that with 650 gen 2 GT3s in the UK, prices can only go one way..I'd be very surprised if any OPC will bid list for a GT3 right now..I'm glad i sold mine to my OPC when i did as i'm lucky to have got an RS allocation.
I think Cheib made some good points regarding being able to buy 720s,488s and even F12s in the £150Ks..I paid £128K for my 458 last Xmas which was an absolute bargain especially considering it was £235K when new with all the Carbon etc..However today there are several 458s in that price range although perhaps without the resale 'must have' carbon racing seats..If 458s are dropping in value then every other sports/super car will follow suit IMO.
Even high spec 600LTs are in the £160Ks with zero miles which is a steal at that money..991.2GT3s need to be at least £20k less money than the aforementioned true supercars as they're not exactly rare..My new RS is going to be £180K list and already looks expensive compared to some others, before mentioning paying daft 'overs'.!
I think Cheib made some good points regarding being able to buy 720s,488s and even F12s in the £150Ks..I paid £128K for my 458 last Xmas which was an absolute bargain especially considering it was £235K when new with all the Carbon etc..However today there are several 458s in that price range although perhaps without the resale 'must have' carbon racing seats..If 458s are dropping in value then every other sports/super car will follow suit IMO.
Even high spec 600LTs are in the £160Ks with zero miles which is a steal at that money..991.2GT3s need to be at least £20k less money than the aforementioned true supercars as they're not exactly rare..My new RS is going to be £180K list and already looks expensive compared to some others, before mentioning paying daft 'overs'.!
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