991.2 GT3 sell now or keep dilemma

991.2 GT3 sell now or keep dilemma

Author
Discussion

Porsche911R

21,146 posts

266 months

Friday 27th September 2019
quotequote all
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 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.

av185

18,514 posts

128 months

Friday 27th September 2019
quotequote all
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
Really wouldn't know where to start with this post. confused

Cheib

23,274 posts

176 months

Friday 27th September 2019
quotequote all
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 ?

djroj2001

51 posts

91 months

Friday 27th September 2019
quotequote all
av185 said:
Really wouldn't know where to start with this post. confused
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

av185

18,514 posts

128 months

Friday 27th September 2019
quotequote all
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.

Dr S

4,997 posts

227 months

Friday 27th September 2019
quotequote all
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 this

av185

18,514 posts

128 months

Friday 27th September 2019
quotequote all
Cheib 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.

Porsche guy

3,465 posts

228 months

Friday 27th September 2019
quotequote all
breadvan said:
I’ve driven many PEC cars and thought, wow i’d never spec this, and 2 minutes later just thought, wow what a car.......
+1

Porsche911R

21,146 posts

266 months

Friday 27th September 2019
quotequote all
Porsche guy said:
+1
A car you have to sell at some point, rather loose £10k and sell it within a few weeks, than £30k and it take 6 months.

av185

18,514 posts

128 months

Friday 27th September 2019
quotequote all
Looks like the second batch of 718 GT4s and Spyders have been announced for April 2020 delivery evidently the larger OPCs are receiving up to 30 cars.

mark2604

61 posts

231 months

Friday 27th September 2019
quotequote all
av185 said:
Looks like the second batch of 718 GT4s and Spyders have been announced for April 2020 delivery evidently the larger OPCs are receiving up to 30 cars.
Not sure I believe that ones 40 dealers equals circa 1,200 cars? far too soon to allocate so many cars, April 1st maybe

cayman-black

12,649 posts

217 months

Friday 27th September 2019
quotequote all
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.

Cheib

23,274 posts

176 months

Friday 27th September 2019
quotequote all
I wouldn’t be surprised by those numbers....600 GT4’s and 230 Spyder’s last time....I reckon there will definitely be 1000 in the UK across both models so wouldn’t be surprised if it got to 1200. OPC’s will take every car they can get.

BertBert

19,070 posts

212 months

Friday 27th September 2019
quotequote all
What I'd like to know is after you've raced a Radical, what makes racing a mini the thing to choose? Not saying their bad, just feels intuitively a backwards step. Mind you after racing Radicals, my budget made me take a backwards step!

JulierPass

641 posts

231 months

Friday 27th September 2019
quotequote all
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.
Do me a favor. Call JZM et al and tell them you have a delivery mileage gt4 or spyder to sell - actually fk it, lets make it interesting tell them you have one of each! Then once you have picked your jaw up off the flaw, come on here and post the honest answer they gave you on market pricing. I'll be waiting with my bucket of popcorn.

av185

18,514 posts

128 months

Friday 27th September 2019
quotequote all
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.
Do me a favor. Call JZM et al and tell them you have a delivery mileage gt4 or spyder to sell - actually fk it, lets make it interesting tell them you have one of each! Then once you have picked your jaw up off the flaw, come on here and post the honest answer they gave you on market pricing. I'll be waiting with my bucket of popcorn.
The answer lies in the 981 GT4.

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. rolleyes

JulierPass

641 posts

231 months

Friday 27th September 2019
quotequote all
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.
Do me a favor. Call JZM et al and tell them you have a delivery mileage gt4 or spyder to sell - actually fk it, lets make it interesting tell them you have one of each! Then once you have picked your jaw up off the flaw, come on here and post the honest answer they gave you on market pricing. I'll be waiting with my bucket of popcorn.
The answer lies in the 981 GT4.

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. rolleyes
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

av185

18,514 posts

128 months

Friday 27th September 2019
quotequote all
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!

djroj2001

51 posts

91 months

Friday 27th September 2019
quotequote all
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.

GT4RS

4,435 posts

198 months

Friday 27th September 2019
quotequote all
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.
+1