991.2 GT3 sell now or keep dilemma
Discussion
av185 said:
Guaranteed flipped 718 GT4s/718 Spyders at £115k+ in the UK before Christmas suggests otherwise.
Today we have 250k WP RS at £70k oversAnd even the none WP older cars still at £40k overs.
All be it none are selling it seems.
Touring GT3 also looks a stupid price still.
While the overs are gone due to over supply the flippers are stuck with cars atm, that’s the interesting point.
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
So again vip flippers stuck with cars they did not want.
djroj2001 said:
av185 said:
Guaranteed flipped 718 GT4s/718 Spyders at £115k+ in the UK before Christmas suggests otherwise.
2 points on that:1) where is the evidence that these are trading and what level?
2) there is a big difference between a flipped GT4 and a flipped GT3/RS purely because of the list price
as a more general point, if you really insist on burying your head in the sand, just look what is happening to 991.2 GT3 prices. They are losing 2.5k a week, thats just using an average of offer prices that are actually available for everyone to see
av185 said:
Really wouldn't know where to start with this post.
well have a try, because you've been very keen to try and suggest that everything is hunky dory out there.the 2.5k a week is tongue in cheek, but prices have slipped around 5k since early Sept (obviously this wouldnt continue linearly), but the point is there is a correction happening based on fundamentals of supply and demand and you dont seem to want to accept it!
Adverts at overs do not mean there are any buyers at even remotely close to the offer prices
Porsche911R said:
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
But you will always get people willing to pay premiums for the latest and greatest even with uncertainty across all markets.The premiums ££ on the 718 GT4 and Spyder are a given until at least September 2020 depending on exact production numbers which as previously mentioned is widely anticipated at c800 GT4s and 350 Spyders in total for the UK.
djroj2001 said:
The main point is Porsche has been stuffing the market with huge numbers of GT cars in the latest model cycle and anyone thinking that won't have an effect on the future value of these cars has their head in the sand. GT3/RS/GT4.... take your pick, all of them produced in huge numbers compared to previous iterations.
Nail and head IMHO. It's declared Porsche corporate strategy to go more mainstream with the vanilla 911s (as we can see with the 992) and serve the traditionalists with GT products. As a consequence the GT cars evolve from specialist track-day models to a more regular, more focused model variant for a broader segment. Build numbers are testament of thisCheib said:
718 GT4 will be interesting....at £115k it’ll be £15k less than a year old 991.2 GT3. Don’t see that as the right differential. Differential between the 981 GT4 and the 991.1 GT3 was much bigger ? £40k plus wasn’t it ?
The first flipped top spec 981 GT4s clubsports were c£115k (Sone, PHer) but dont forget C that the 981 GT4 appeared just under 2 years after the 991.1 GT3.We have also had a much greater price increase relative to the purchase price from the 981 to the 718 especially in the case of the 718 Spyder as compared to the 991.1 and 991.2 GT3.
Be interesting seeing where the 718s GT cars will settle ££ but imo they will not be as readily available as some are making out although obviously the production window will have a bearing on values.
Porsche911R said:
Today we have 250k WP RS at £70k overs
And even the none WP older cars still at £40k overs.
All be it none are selling it seems.
Touring GT3 also looks a stupid price still.
While the overs are gone due to over supply the flippers are stuck with cars atm, that’s the interesting point.
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
So again vip flippers stuck with cars they did not want.
And let see what happens with the Taycan as there is over a years wait apparantley.And even the none WP older cars still at £40k overs.
All be it none are selling it seems.
Touring GT3 also looks a stupid price still.
While the overs are gone due to over supply the flippers are stuck with cars atm, that’s the interesting point.
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
So again vip flippers stuck with cars they did not want.
av185 said:
Porsche911R said:
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
But you will always get people willing to pay premiums for the latest and greatest even with uncertainty across all markets.The premiums ££ on the 718 GT4 and Spyder are a given until at least September 2020 depending on exact production numbers which as previously mentioned is widely anticipated at c800 GT4s and 350 Spyders in total for the UK.
JulierPass said:
av185 said:
Porsche911R said:
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
But you will always get people willing to pay premiums for the latest and greatest even with uncertainty across all markets.The premiums ££ on the 718 GT4 and Spyder are a given until at least September 2020 depending on exact production numbers which as previously mentioned is widely anticipated at c800 GT4s and 350 Spyders in total for the UK.
Proper spec and sub 10 k mileage 3 year old cars are still selling at mid £70ks and prices are firming up too. Ok they do have a following and may sound better than the 718 GT4 but £10k more for a brand new 718 is a no brainer.
I'll buy you as much popcorn as you can eat if the first cars don't make the premiums mentioned irrespective of what the so called experts at JZM may think. I remember speaking to them several years back about my 997 GTS and they low balled the car and reckoned they would replicate the C2S depreciation wise.
av185 said:
JulierPass said:
av185 said:
Porsche911R said:
The new GT4 and Spyder might well go up at overs but imo there are NO buyers in today’s market at overs.
But you will always get people willing to pay premiums for the latest and greatest even with uncertainty across all markets.The premiums ££ on the 718 GT4 and Spyder are a given until at least September 2020 depending on exact production numbers which as previously mentioned is widely anticipated at c800 GT4s and 350 Spyders in total for the UK.
Proper spec and sub 10 k mileage 3 year old cars are still selling at mid £70ks and prices are firming up too. Ok they do have a following and may sound better than the 718 GT4 but £10k more for a brand new 718 is a no brainer.
I'll buy you as much popcorn as you can eat if the first cars don't make the premiums mentioned irrespective of what the so called experts at JZM may think. I remember speaking to them several years back about my 997 GTS and they low balled the car and reckoned they would replicate the C2S depreciation wise.
JulierPass said:
You really do believe your own hype don't you! Forget what the 981 is doing. Try and sell a 718 GT4 or spyder for overs as that was the topic
The 981 GT4 pricing is entirely relevant to the 718.Prices of the 718 GT4 make no odds to me I'm on for a later PDK car and if I had a vested interest in talking them up I could have got a first run car this year.
Theres not a hope in hells chance the initial cars will depreciate 'normally' into 2020 as some are hoping irrespective of the higher production numbers.
Speak to any seasoned OPC buyer of Porsche GTs not JZM!
av185 said:
The 981 GT4 pricing is entirely relevant to the 718.
Prices of the 718 GT4 make no odds to me I'm on for a later PDK car and if I had a vested interest in talking them up I could have got a first run car this year.
Theres not a hope in hells chance the initial cars will depreciate 'normally' into 2020 as some are hoping irrespective of the higher production numbers.
Speak to any seasoned OPC buyer of Porsche GTs not JZM!
You have lost your marbles. Pull the wool from over your eyes and have a look at what the market is doing. Forget about silly overs on cars anytime soon, the market is tanking and that means the flippers are gone. So the 981 is holding at just below list (for now..)... that does not translate into a huge premium being commanded for delivery miles 781’s. And moreover anyone that has already paid big overs (if this is the case), is going to lose the shirt off their back.Prices of the 718 GT4 make no odds to me I'm on for a later PDK car and if I had a vested interest in talking them up I could have got a first run car this year.
Theres not a hope in hells chance the initial cars will depreciate 'normally' into 2020 as some are hoping irrespective of the higher production numbers.
Speak to any seasoned OPC buyer of Porsche GTs not JZM!
djroj2001 said:
You have lost your marbles. Pull the wool from over your eyes and have a look at what the market is doing. Forget about silly overs on cars anytime soon, the market is tanking and that means the flippers are gone. So the 981 is holding at just below list (for now..)... that does not translate into a huge premium being commanded for delivery miles 781’s. And moreover anyone that has already paid big overs (if this is the case), is going to lose the shirt off their back.
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