GT3 prices going up

GT3 prices going up

Author
Discussion

RT

919 posts

245 months

Wednesday 15th September 2021
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Nice.

Mankers

577 posts

169 months

Wednesday 15th September 2021
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Melvynr said:
RT said:
Interesting topic and market dynamics.

I'm a lucky owner of a 2018 guards Red Manual CS with just 2900 miles on it.

Big question is whether to sell now or to keep and enjoy. Hmmm.
Sell it as you don't use it, let someone else take enjoyment out of it.
Harsh but fair lol!

Mad Scientist

810 posts

79 months

Wednesday 15th September 2021
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Mankers said:
Melvynr said:
RT said:
Interesting topic and market dynamics.

I'm a lucky owner of a 2018 guards Red Manual CS with just 2900 miles on it.

Big question is whether to sell now or to keep and enjoy. Hmmm.
Sell it as you don't use it, let someone else take enjoyment out of it.
Harsh but fair lol!
That’s the mileage on my 992 GT3

CloudStuff

3,681 posts

104 months

Thursday 16th September 2021
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Melvynr said:
RT said:
Interesting topic and market dynamics.

I'm a lucky owner of a 2018 guards Red Manual CS with just 2900 miles on it.

Big question is whether to sell now or to keep and enjoy. Hmmm.
Sell it as you don't use it, let someone else take enjoyment out of it.
Knallhart

Melvynr

1,404 posts

51 months

Thursday 16th September 2021
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CloudStuff said:
Knallhart
But true.biggrin

Kettmark

903 posts

153 months

Thursday 16th September 2021
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Some people do that mileage in a fortnight. Use the darn thing or sell it on!

av185

18,514 posts

127 months

Thursday 16th September 2021
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He has a few other cars to use and put miles on too just like most of us GT3 owners.

Spread the driving love.
driving

fistenburger

265 posts

190 months

Friday 17th September 2021
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Well i did it. After selling my 991.2 S a few weeks ago, yesterday I finally realised the dream of owning a 3-pedal GT3.
The car is phenomenal! I will probably double the existing mileage before it gets parked up for winter.

G111MDS

320 posts

91 months

Friday 17th September 2021
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fistenburger said:
Well i did it. After selling my 991.2 S a few weeks ago, yesterday I finally realised the dream of owning a 3-pedal GT3.
The car is phenomenal! I will probably double the existing mileage before it gets parked up for winter.
Very nice! I’ve got a 3.2 Carrera and a Series 2 Lotus Exige - seriously tempted to chop the two in to gather a decent deposit GT3.

franki68

10,395 posts

221 months

Friday 17th September 2021
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fistenburger said:
Well i did it. After selling my 991.2 S a few weeks ago, yesterday I finally realised the dream of owning a 3-pedal GT3.
The car is phenomenal! I will probably double the existing mileage before it gets parked up for winter.
Best colour as well wink

Xfe

257 posts

76 months

Friday 17th September 2021
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G111MDS said:
Very nice! I’ve got a 3.2 Carrera and a Series 2 Lotus Exige - seriously tempted to chop the two in to gather a decent deposit GT3.
If you can afford it, I think running a GT3 and S2 Exige would be a great combo. I had an S1 Elise and it showed up my GT4 in several aspects, although both provide brilliant driving experiences in different ways.

Dr S

4,997 posts

226 months

Friday 17th September 2021
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fistenburger said:
Well i did it. After selling my 991.2 S a few weeks ago, yesterday I finally realised the dream of owning a 3-pedal GT3.
The car is phenomenal! I will probably double the existing mileage before it gets parked up for winter.
Congratulations! You got yourself a fantastic car with an animal of an engine biggrin Enjoy!

G111MDS

320 posts

91 months

Friday 17th September 2021
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Xfe said:
G111MDS said:
Very nice! I’ve got a 3.2 Carrera and a Series 2 Lotus Exige - seriously tempted to chop the two in to gather a decent deposit GT3.
If you can afford it, I think running a GT3 and S2 Exige would be a great combo. I had an S1 Elise and it showed up my GT4 in several aspects, although both provide brilliant driving experiences in different ways.
That would be a great combo smile

Digga

40,320 posts

283 months

Saturday 18th September 2021
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Boyd Rees said:
…even got two unused harnesses…
Possibly the saddest phrase on the thread.

john-j4ty0

68 posts

42 months

Sunday 19th September 2021
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Ok so this is probably out of line and shouldn't be asked and my apologies in advance but could i ask what sort of percentage ( rather than just ask what did you get ) after it was sold to mid sussex ? ... I appreciate dealers have to make a profit and you sell at a reduced rate perhaps for the ease of sale or perhaps the curious methodology of the dealer networks and how they offer cars but I was curious as to what the charges would be for a SOR or a dealer ( or rather which one took more ) . To be honest I just wanting to find out where to pitch an offer again my apologies for asking but a rough guide would be great thanks

MrC986

3,492 posts

191 months

Sunday 19th September 2021
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I think the general rule of thumb is there will be at least a £10k (+ VAT) mark up by a main dealer ignoring any refurbishment/replacement costs. An OPC has to put a warranty on it and will need to make sure it complies with Porsche approved used car minimum standards.

There is a continued shortage of used stock at OPCs and some dealers are cutting their normal margins on 911s and GT cars to get used stock as they will work on the basis they'll finance the car on resale and get finance commission etc. A friend found this out with a 992 C4S he was selling last month.

I'd be reluctant to have a GT3 on SOR as it could be sat at a dealers for a longer time as they may put an unrealistic price on it as they're not paying a finance charge for stocking it as it still belongs to the customer - an OPC will also want the car to be as near 100% condition for sale (at your expense). Do you also want your car being test driven by unknown parties in all weathers if you've kept it in a warm garage & not driven it in the wet (& they often have them sat outside being washed by someone who isn't a "detailer")?

CloudStuff

3,681 posts

104 months

Sunday 19th September 2021
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john-j4ty0 said:
Ok so this is probably out of line and shouldn't be asked and my apologies in advance but could i ask what sort of percentage ( rather than just ask what did you get ) after it was sold to mid sussex ? ... I appreciate dealers have to make a profit and you sell at a reduced rate perhaps for the ease of sale or perhaps the curious methodology of the dealer networks and how they offer cars but I was curious as to what the charges would be for a SOR or a dealer ( or rather which one took more ) . To be honest I just wanting to find out where to pitch an offer again my apologies for asking but a rough guide would be great thanks
No problem - I'll dm you.

RT

919 posts

245 months

Sunday 19th September 2021
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CloudStuff said:
Av's right on the pricing. However, extracting the right amount of that value for yourself is something else. You can try SOR of course, but they'll want a decent chunk as commission.

I sold my .2 manual GT3 to Sytner (Mid Sussex) - they offered a lot more than every other dealer. It was on at an independent for 142k, for a month.

Sold by Mid Sussex for 147500 in 2 days. Mine had steel wheels and 11000 miles.
Imagine the price of it if it had alloy wheels. wink

RT

919 posts

245 months

Sunday 19th September 2021
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av185 said:
He has a few other cars to use and put miles on too just like most of us GT3 owners.

Spread the driving love.
driving
Exactly right. smile

john-j4ty0

68 posts

42 months

Sunday 19th September 2021
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thanks for both replies (and replied to DM) and was ballpark where i was thinking but the one point I never thought about was the test driving by unknowns and outside washing I'm sure that would put some off that route of sale ... private sale to a Pher got to be the way to sell ! ( he says hopefully laugh !)