GT3 allocation (992)

GT3 allocation (992)

Author
Discussion

av185

18,514 posts

128 months

Saturday 17th April 2021
quotequote all
5050 said:
ocZio said:
The market right now for the current gen is nowhere near the reality. All these ads with the high prices seem to be an effort to keep the prices high. Try to part exchange or sell directly a 991.2 gt3, it will be 105k

Not sure what these people are trying to achieve but the end is near.

992 Turbo S is also in the same boat, part exchange will hover around 125k.

Anyway, I am still open for the next year :-)
I was offered full list price back for my 4K mile 992 Turbo S from supplying OPC last week

Edited by 5050 on Saturday 17th April 19:47
We rest our case. judge

APOLO1

5,256 posts

195 months

Sunday 18th April 2021
quotequote all
av185 said:
Correct D.
In the last 2 weeks I have had 4 OPCs after my 1 owner 2018 manual CS 5 k miler and the lowest bid was £143k highest £147k trade. Reckon these will be back up to £160k in a couple of months due to major limited supply 3 cars only in OPC network last week.
I know what you mean, I receive a couple of emails per week from OPCs that I have never even spoke with looking to buy cars. Just out of curiosity I email back to price test.

991.2 GT3s seem to be on fire price wise right now, I thought they were in the 120-30ks until I made a few calls trying to find one for a good mate, missed around 3 cars that all sold same day. So told him to take the Bolton red car as soon as it came up. A Gen 2 CS big spec 2k mikes sold for 147k yesterday from an OPC, had a list of waiting buyers. 91RS seem good news also a 15 reg car CS, CCBDs under 1k miles, sold for 165k last week OPC.

Bradders901

225 posts

132 months

Sunday 18th April 2021
quotequote all
I enquired about a 991.2 RS through main dealer a month ago and was offered 118k for my crayon 991.2 PDK PCCB CS with 4.9k miles - this was an initial enquiry with no negotiation as I decided to keep my car.

av185

18,514 posts

128 months

Sunday 18th April 2021
quotequote all
APOLO1 said:
av185 said:
Correct D.
In the last 2 weeks I have had 4 OPCs after my 1 owner 2018 manual CS 5 k miler and the lowest bid was £143k highest £147k trade. Reckon these will be back up to £160k in a couple of months due to major limited supply 3 cars only in OPC network last week.
I know what you mean, I receive a couple of emails per week from OPCs that I have never even spoke with looking to buy cars. Just out of curiosity I email back to price test.

991.2 GT3s seem to be on fire price wise right now, I thought they were in the 120-30ks until I made a few calls trying to find one for a good mate, missed around 3 cars that all sold same day. So told him to take the Bolton red car as soon as it came up. A Gen 2 CS big spec 2k mikes sold for 147k yesterday from an OPC, had a list of waiting buyers. 91RS seem good news also a 15 reg car CS, CCBDs under 1k miles, sold for 165k last week OPC.
Yep as you say D the manual CS has sold straightaway top £140ks so only 2 PDKs now left.

JulierPass

641 posts

231 months

Sunday 18th April 2021
quotequote all
ocZio said:
av185 said:
Correct D.

In the last 2 weeks I have had 4 OPCs after my 1 owner 2018 manual CS 5 k miler and the lowest bid was £143k highest £147k trade. Reckon these will be back up to £160k in a couple of months due to major limited supply 3 cars only in OPC network last week.
Can you clarify that, are you saying porsche dealer has offered you 147k for your 991.2 GT3? I highly doubt this for 2 main reasons, Porsche dealers have MINIMUM 10k margins (not profit, margins) to play with once they buy a car, a decent 991.1 GT3RS can be found for that price or cheaper.

Can you tell me which dealer has offered you that amount, I might be entirely wrong here but any factual evidence will help. My evidence is based on valuations online and calling dealers. What is yours?
I'm sorry but I'm calling custard on that. There is no way you have been offered £147k for you car! My opc is a sytner group OPC. I have been dealing with them for 15 years. I agree with OcZio that an opc will want a 10K margin, but their profit may be between 3 and 6k once they move the car on. And as OcZio said, you need to understand the difference between profit and margin. If they offered you 147 that would value your car on the forecourt at 157 which is bullst.

You love posting your links to support what you say so if i'm incorrect furnish us with the proof.

Edited by JulierPass on Sunday 18th April 12:48

av185

18,514 posts

128 months

Sunday 18th April 2021
quotequote all
JulierPass said:
I'm sorry but I'm calling custard on that. There is no way you have been offered £147k for you car! My opc is a sytner group OPC. I have been dealing with them for 15 years. I agree with OcZio that an opc will want a 10K margin, but their profit may be between 3 and 6k once they move the car on. And as OcZio said, you need to understand the difference between profit and margin. If they offered you 147 that would value your car on the forecourt at 157 which is bullst.
Who says my car would end up on the forecourt? Most OPCs have lists of buyers for CS GT3s already especially manuals. Their bid is clearly based accordingly.

OPCs groups work in different ways try and understand that.

Apollo who knows these cars and values ££ as well as any having had more Porsche GTs than most has already backed up the sale of the only OPC manual one left and he understands the market better than most including yourself with respect because if you remember you were also the one who spectacularly incorrectly categorically claimed over several posts that 991.2 GT3s would be £100k scratchchin by last Christmas and poured scorn on several posters including myself who last Autumn correctly predicted prices would rise strongly in 2021 particularly approaching Spring which is exactly what they have done!!!! biggrin:


Edited by av185 on Sunday 18th April 15:49


Edited by av185 on Sunday 18th April 15:52

MPorsche

202 posts

62 months

Sunday 18th April 2021
quotequote all
I’m no expert. But I did ask about Supercar Nigels GT3, I think he wanted £115. Which would logically mean his OPC bid less than that.

Think it’s a 17 plate.

JulierPass

641 posts

231 months

Sunday 18th April 2021
quotequote all
av185 said:
JulierPass said:
I'm sorry but I'm calling custard on that. There is no way you have been offered £147k for you car! My opc is a sytner group OPC. I have been dealing with them for 15 years. I agree with OcZio that an opc will want a 10K margin, but their profit may be between 3 and 6k once they move the car on. And as OcZio said, you need to understand the difference between profit and margin. If they offered you 147 that would value your car on the forecourt at 157 which is bullst.
Who says my car would end up on the forecourt? Most OPCs have lists of buyers for CS GT3s already especially manuals. Their bid is clearly based accordingly.

OPCs groups work in different ways try and understand that.

Apollo who knows these cars and values ££ as well as any having had more Porsche GTs than most has already backed up the sale of the only OPC manual one left and he understands the market better than most including yourself with respect because if you remember you were also the one who spectacularly incorrectly categorically claimed over several posts that 991.2 GT3s would be £100k scratchchin by last Christmas and poured scorn on several posters including myself who last Autumn correctly predicted prices would rise strongly in 2021 particularly approaching Spring which is exactly what they have done!!!! biggrin:


Edited by av185 on Sunday 18th April 15:49


Edited by av185 on Sunday 18th April 15:52
I've owned getting on for 20 GT cars and 4 turbos. I know how Sytner, Porsche Retail Group and Jardine work when it comes to buying stock and I firmly believe you are lying when you said you have had a trade bid of 147. So post the proof and prove me wrong.

APOLO1

5,256 posts

195 months

Sunday 18th April 2021
quotequote all
av185 said:
Who says my car would end up on the forecourt? Most OPCs have lists of buyers for CS GT3s already especially manuals. Their bid is clearly based accordingly.

OPCs groups work in different ways try and understand that.

Apollo who knows these cars and values ££ as well as any having had more Porsche GTs than most has already backed up the sale of the only OPC manual one left and he understands the market better than most including yourself with respect because if you remember you were also the one who spectacularly incorrectly categorically claimed over several posts that 991.2 GT3s would be £100k scratchchin by last Christmas and poured scorn on several posters including myself who last Autumn correctly predicted prices would rise strongly in 2021 particularly approaching Spring which is exactly what they have done!!!! biggrin:


Edited by av185 on Sunday 18th April 15:49


Edited by av185 on Sunday 18th April 15:52
lost count of the amount of 911s I have had over the past 45 years. To be fair I had no idea of 991.2 GT3 prices until my mate asked if I could find him one around a month ago, I thought that they were in the late 120ks early 130s. In the few days it took the OPC to organise the shipping PPF for my mates car the OPC came back and said due to amount of calls that he had received on the car he felt he could have asked and got another 10k for the car. Supply seems to have about dried up for good spec cars . I can see as to why to some extent you can ask what you want within reason. As for dealer mark ups in my experience these can vary, one group that have done a lot of Buss with over the past 20 years likes to make 10% on SOR, another will be happy to work on 2.5k after all prep costs, vat, warranty's etc, for a quick back to back sale. Track days are just starting to open up and get busy it was good to see a few GT3s on track at Silverstone last week. I can only see prices going one way........




Edited by APOLO1 on Sunday 18th April 19:22

Batster3

370 posts

73 months

Sunday 18th April 2021
quotequote all
Anyone found they are obliged to buy a watch to secure their GT3 allocation?


throt

3,055 posts

171 months

Sunday 18th April 2021
quotequote all
Batster3 said:
Anyone found they are obliged to buy a watch to secure their GT3 allocation?
This surely is BS, right ?

CloudStuff

3,698 posts

105 months

Sunday 18th April 2021
quotequote all
APOLO1 said:
av185 said:
Who says my car would end up on the forecourt? Most OPCs have lists of buyers for CS GT3s already especially manuals. Their bid is clearly based accordingly.

OPCs groups work in different ways try and understand that.

Apollo who knows these cars and values ££ as well as any having had more Porsche GTs than most has already backed up the sale of the only OPC manual one left and he understands the market better than most including yourself with respect because if you remember you were also the one who spectacularly incorrectly categorically claimed over several posts that 991.2 GT3s would be £100k scratchchin by last Christmas and poured scorn on several posters including myself who last Autumn correctly predicted prices would rise strongly in 2021 particularly approaching Spring which is exactly what they have done!!!! biggrin:


Edited by av185 on Sunday 18th April 15:49


Edited by av185 on Sunday 18th April 15:52
lost count of the amount of 911s I have had over the past 45 years. To be fair I had no idea of 991.2 GT3 prices until my mate asked if I could find him one around a month ago, I thought that they were in the late 120ks early 130s. In the few days it took the OPC to organise the shipping PPF for my mates car the OPC came back and said due to amount of calls that he had received on the car he felt he could have asked and got another 10k for the car. Supply seems to have about dried up for good spec cars . I can see as to why to some extent you can ask what you want within reason. As for dealer mark ups in my experience these can vary, one group that have done a lot of Buss with over the past 20 years likes to make 10% on SOR, another will be happy to work on 2.5k after all prep costs, vat, warranty's etc, for a quick back to back sale. Track days are just starting to open up and get busy it was good to see a few GT3s on track at Silverstone last week. I can only see prices going one way........




Edited by APOLO1 on Sunday 18th April 19:22
And now another manual one is up for sale - at OPC Chester. £139,888. Let's see how long it takes to sell.

terryb

977 posts

245 months

Sunday 18th April 2021
quotequote all
Batster3 said:
Anyone found they are obliged to buy a watch to secure their GT3 allocation?
Not here

Batster3

370 posts

73 months

Sunday 18th April 2021
quotequote all
terryb said:
Batster3 said:
Anyone found they are obliged to buy a watch to secure their GT3 allocation?
Not here
Good to hear!

av185

18,514 posts

128 months

Monday 19th April 2021
quotequote all
APOLO1 said:
av185 said:
Who says my car would end up on the forecourt? Most OPCs have lists of buyers for CS GT3s already especially manuals. Their bid is clearly based accordingly.

OPCs groups work in different ways try and understand that.

Apollo who knows these cars and values ££ as well as any having had more Porsche GTs than most has already backed up the sale of the only OPC manual one left and he understands the market better than most including yourself with respect because if you remember you were also the one who spectacularly incorrectly categorically claimed over several posts that 991.2 GT3s would be £100k scratchchin by last Christmas and poured scorn on several posters including myself who last Autumn correctly predicted prices would rise strongly in 2021 particularly approaching Spring which is exactly what they have done!!!! biggrin:


Edited by av185 on Sunday 18th April 15:49


Edited by av185 on Sunday 18th April 15:52
lost count of the amount of 911s I have had over the past 45 years. To be fair I had no idea of 991.2 GT3 prices until my mate asked if I could find him one around a month ago, I thought that they were in the late 120ks early 130s. In the few days it took the OPC to organise the shipping PPF for my mates car the OPC came back and said due to amount of calls that he had received on the car he felt he could have asked and got another 10k for the car. Supply seems to have about dried up for good spec cars . I can see as to why to some extent you can ask what you want within reason. As for dealer mark ups in my experience these can vary, one group that have done a lot of Buss with over the past 20 years likes to make 10% on SOR, another will be happy to work on 2.5k after all prep costs, vat, warranty's etc, for a quick back to back sale. Track days are just starting to open up and get busy it was good to see a few GT3s on track at Silverstone last week. I can only see prices going one way........




Edited by APOLO1 on Sunday 18th April 19:22
Yep D I agree this is what 1 poster on here clearly cannot grasp...the basics of supply and demand. The demand side for these cars especially is lost on him because he posted 991.2 GT3s would be £100k by last Christmas so is now clearly trying to cover his tracks lol. biggrin:

Also the fact that as you confirm some dealer groups understandably work in totally different ways and are happy with different fees for different cars and different customers. As you rightly say prices have only one way to go now the writing is now on the wall for sure.

caminator11

386 posts

99 months

Monday 19th April 2021
quotequote all
ocZio said:
The market right now for the current gen is nowhere near the reality. All these ads with the high prices seem to be an effort to keep the prices high. Try to part exchange or sell directly a 991.2 gt3, it will be 105k

Not sure what these people are trying to achieve but the end is near.

992 Turbo S is also in the same boat, part exchange will hover around 125k.

Anyway, I am still open for the next year :-)
Wrong.

Market is very hot at the moment going into summer. A lot of cars are moving out the door. I viewed two GT3RS and a black GT3 CS at JZM that sold after being listed for two days. Both of the RS have gone now also. Even Lizard green cars are moving which have for whatever reason hung around. Last summer I was able to get a rejected build slot for a Turbo S, good luck doing that now.

Few factors; a lot of people excited for GT products but there is low supply and while it looks amazing the delta to the old car isn't massive.

Outside of Porsche specific factors, with COVID restrictions coming to an end a lot of people looking forward to getting something fun for the summer and the supply just isn't there.

Obligatory edit: If anyone wants to sell me a nice gen 2 RS fire over a pm wink

hunter 66

3,910 posts

221 months

Monday 19th April 2021
quotequote all
Yes have a friend who bought and was only 3 Bitcoin now ....last summer it was 10 Bitcoin .

Taffy66

5,964 posts

103 months

Monday 19th April 2021
quotequote all
What seems to have changed from last summer is that Porsche GT cars are selling straight away at whatever prices they're up for. Last Summer even a nice low mile RS wp which cost £180k new was eventually sold for £205k despite being advertised for £225k. This was at my OPC by the way. Today that same car will sell at the advertised price of £225K which is a £20K increase. Seems to be the case with normal 991.2GT3s as well.
The market's gone beserk for high end cars from Porsche and Ferrari ATM.. Will it last though ?

Echo Delta

58 posts

39 months

Monday 19th April 2021
quotequote all
Batster3 said:
Anyone found they are obliged to buy a watch to secure their GT3 allocation?
Yup and it's really p!ssed me off - I don't like being held over a barrel but want the car. Small consolation is that I've got the allocation pre-price increase so the bloody watch is only costing c £4.5k instead of £8.5k.

hunter 66

3,910 posts

221 months

Monday 19th April 2021
quotequote all
Taffy66 said:
What seems to have changed from last summer is that Porsche GT cars are selling straight away at whatever prices they're up for. Last Summer even a nice low mile RS wp which cost £180k new was eventually sold for £205k despite being advertised for £225k. This was at my OPC by the way. Today that same car will sell at the advertised price of £225K which is a £20K increase. Seems to be the case with normal 991.2GT3s as well.
The market's gone beserk for high end cars from Porsche and Ferrari ATM.. Will it last though ?
As I said Taffy a LOT of money has been made on Bitcoin , plus a lot of savings with no travel and many now have the "may as well enjoy life attitude "