The £165K 991 GT3 has arrived as predicted...
Discussion
APOLO1 said:
Not a very well written article imv, there have been plenty of cars that have been north of list from the off, 4.0RS, 288GTO, etc, as for the car in the article, I know cars at list and ?....From a price point see no reason as to why this will not track the original F1, apart from the highs of the past few years
Btw, The 991 Turbo S, Sep 13 was the 1st RWS P production car, or rather the few 918s that were del early mid in 13 were......
I stand corrected with RWS.... but you get the point, really aimed at the non believers about the 991 GT3. A sound investment (as any car that doesn't go below list IS AN INVESTMENT) as well as more importantly very very good drive!Btw, The 991 Turbo S, Sep 13 was the 1st RWS P production car, or rather the few 918s that were del early mid in 13 were......
mischaRS said:
Anyone who buys a 991GT3 for 165K really does need their head inspecting !!
WHY ?
You are right about the 6.1 Zanzibar WHY ?
- New LHD can be picked up easily for 100K
- There are too many of them
- Collectors/ investors only are interested in the RS
- The only GT3 that will ever attain ''cult'' status is the 6GT3 Mk1 in Zanzibar
& also the rest.mischaRS said:
Anyone who buys a 991GT3 for 165K really does need their head inspecting !!
WHY ?
<200 in the UKWHY ?
- New LHD can be picked up easily for 100K
- There are too many of them
- Collectors/ investors only are interested in the RS
- The only GT3 that will ever attain ''cult'' status is the 6GT3 Mk1 in Zanzibar
This is about driving, not collecting / investing, and at the price there is little to touch it!
One view from an OPC is that once a very limited number of GT3RS depositors get cars, the pent up demand will switch to the GT3
And then the law of supply and demand kicks in
To emphasise the point - go spec a Targa 4 GTS and see where you get to
£120k at a push
GT3 v Targa ....
It's not rocket science
OPC predicts £180k +
And then the law of supply and demand kicks in
To emphasise the point - go spec a Targa 4 GTS and see where you get to
£120k at a push
GT3 v Targa ....
It's not rocket science
OPC predicts £180k +
mischaRS said:
Anyone who buys a 991GT3 for 165K really does need their head inspecting !!
WHY ?
Let me qualify that further. The price spread is partly related to the £/Euro, but mostly it is about availability - if you look at the predecessor (997.2 GT3) that can be had from below £70k on the continent for LHD and pushing £100k (and in a couple of cases more) for UK RHD. Why? Could it be because they only made 120 UK RHD cars in a global production run of 2256...? Now if you look at 991 production numbers: less than 1100 globally (for reference, that is over 500 fewer than the 997.2 RS), however of those there is a much greater (than usual for a GT3) proportion of RHD cars. Still less than 200, but discernibly more than the 997.2 of which they made over twice as many globally. This means that globally the supply of LHD is a much lower proportion than for all other GT cars except the 996RS. A decent RHD 996RS is a valuable and appreciating car, but take a look at what has happened to the price of LHD examples... It is the only water cooled GT where the LHD is worth much more than RHD.WHY ?
- New LHD can be picked up easily for 100K
- There are too many of them
- Collectors/ investors only are interested in the RS
If you extrapolate that then in all likelihood anyone looking long term at the value should be trying to acquire not the RHD, but rather a Left hand drive example (even if it was more expensive, let alone that they are cheaper). Ergo - anyone paying £165k for a UK 991 GT3 when they can get LHD for £100k is thinking strictly short term and has no long term investment perspective - okay for buy it, don't use it much and sell it on but broadly an example of happy to burn money for what they want when they want it. If they had a view on long term value though, they would be paying far, far too much for the wrong version of the car according to the numbers and precedent in the GT3 market.
I am however quite certain that this will not be the case with the 991RS though. I fully expect that UK cars will be back to their usual minority of production for those and the UK RHD cars will be a license to flip for a fortune to the OPC dealer principle's mates who are allocated cars. But for the 991 GT3... With prices as they currently are I reckon it should be LHD all the way.
I
If you extrapolate that then in all likelihood anyone looking long term at the value should be trying to acquire not the RHD, but rather a Left hand drive example (even if it was more expensive, let alone that they are cheaper). Ergo - anyone paying £165k for a UK 991 GT3 when they can get LHD for £100k is thinking strictly short term and has no long term investment perspective - okay for buy it, don't use it much and sell it on but broadly an example of happy to burn money for what they want when they want it. If they had a view on long term value though, they would be paying far, far too much for the wrong version of the car according to the numbers and precedent in the GT3 market.
I am however quite certain that this will not be the case with the 991RS though. I fully expect that UK cars will be back to their usual minority of production for those and the UK RHD cars will be a license to flip for a fortune to the OPC dealer principle's mates who are allocated cars. But for the 991 GT3... With prices as they currently are I reckon it should be LHD all the way.Buy LHD then and test the market?
DiscoColin said:
mischaRS said:
Anyone who buys a 991GT3 for 165K really does need their head inspecting !!
WHY ?
Let me qualify that further. The price spread is partly related to the £/Euro, but mostly it is about availability - if you look at the predecessor (997.2 GT3) that can be had from below £70k on the continent for LHD and pushing £100k (and in a couple of cases more) for UK RHD. Why? Could it be because they only made 120 UK RHD cars in a global production run of 2256...? Now if you look at 991 production numbers: less than 1100 globally (for reference, that is over 500 fewer than the 997.2 RS), however of those there is a much greater (than usual for a GT3) proportion of RHD cars. Still less than 200, but discernibly more than the 997.2 of which they made over twice as many globally. This means that globally the supply of LHD is a much lower proportion than for all other GT cars except the 996RS. A decent RHD 996RS is a valuable and appreciating car, but take a look at what has happened to the price of LHD examples... It is the only water cooled GT where the LHD is worth much more than RHD.WHY ?
- New LHD can be picked up easily for 100K
- There are too many of them
- Collectors/ investors only are interested in the RS
If you extrapolate that then in all likelihood anyone looking long term at the value should be trying to acquire not the RHD, but rather a Left hand drive example (even if it was more expensive, let alone that they are cheaper). Ergo - anyone paying £165k for a UK 991 GT3 when they can get LHD for £100k is thinking strictly short term and has no long term investment perspective - okay for buy it, don't use it much and sell it on but broadly an example of happy to burn money for what they want when they want it. If they had a view on long term value though, they would be paying far, far too much for the wrong version of the car according to the numbers and precedent in the GT3 market.
I am however quite certain that this will not be the case with the 991RS though. I fully expect that UK cars will be back to their usual minority of production for those and the UK RHD cars will be a license to flip for a fortune to the OPC dealer principle's mates who are allocated cars. But for the 991 GT3... With prices as they currently are I reckon it should be LHD all the way.
I
If you extrapolate that then in all likelihood anyone looking long term at the value should be trying to acquire not the RHD, but rather a Left hand drive example (even if it was more expensive, let alone that they are cheaper). Ergo - anyone paying £165k for a UK 991 GT3 when they can get LHD for £100k is thinking strictly short term and has no long term investment perspective - okay for buy it, don't use it much and sell it on but broadly an example of happy to burn money for what they want when they want it. If they had a view on long term value though, they would be paying far, far too much for the wrong version of the car according to the numbers and precedent in the GT3 market.
I am however quite certain that this will not be the case with the 991RS though. I fully expect that UK cars will be back to their usual minority of production for those and the UK RHD cars will be a license to flip for a fortune to the OPC dealer principle's mates who are allocated cars. But for the 991 GT3... With prices as they currently are I reckon it should be LHD all the way.Buy LHD then and test the market?
DiscoColin said:
mischaRS said:
Anyone who buys a 991GT3 for 165K really does need their head inspecting !!
WHY ?
Let me qualify that further. The price spread is partly related to the £/Euro, but mostly it is about availability - if you look at the predecessor (997.2 GT3) that can be had from below £70k on the continent for LHD and pushing £100k (and in a couple of cases more) for UK RHD. Why? Could it be because they only made 120 UK RHD cars in a global production run of 2256...? Now if you look at 991 production numbers: less than 1100 globally (for reference, that is over 500 fewer than the 997.2 RS), however of those there is a much greater (than usual for a GT3) proportion of RHD cars. Still less than 200, but discernibly more than the 997.2 of which they made over twice as many globally. This means that globally the supply of LHD is a much lower proportion than for all other GT cars except the 996RS. A decent RHD 996RS is a valuable and appreciating car, but take a look at what has happened to the price of LHD examples... It is the only water cooled GT where the LHD is worth much more than RHD.WHY ?
- New LHD can be picked up easily for 100K
- There are too many of them
- Collectors/ investors only are interested in the RS
If you extrapolate that then in all likelihood anyone looking long term at the value should be trying to acquire not the RHD, but rather a Left hand drive example (even if it was more expensive, let alone that they are cheaper). Ergo - anyone paying £165k for a UK 991 GT3 when they can get LHD for £100k is thinking strictly short term and has no long term investment perspective - okay for buy it, don't use it much and sell it on but broadly an example of happy to burn money for what they want when they want it. If they had a view on long term value though, they would be paying far, far too much for the wrong version of the car according to the numbers and precedent in the GT3 market.
I am however quite certain that this will not be the case with the 991RS though. I fully expect that UK cars will be back to their usual minority of production for those and the UK RHD cars will be a license to flip for a fortune to the OPC dealer principle's mates who are allocated cars. But for the 991 GT3... With prices as they currently are I reckon it should be LHD all the way.
livinginasia said:
That's good news, I just bought a mk1 996 gt3 in Zanzibar. Wonderful car. Bring on "cult status"!
Really needs to be Clubsport spec I'm afraid.Zanzibar definitely the signature Mk 1 996 GT3 colour, but unlike Speed, Guards, (or Maritime on a 964 RS), it's considered very Marmite on the GT3.
Personally I'm a fan of the colour, but many aren't.
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