991 GT3 now or later

991 GT3 now or later

Author
Discussion

jimmyslr

798 posts

274 months

Tuesday 15th November 2016
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anonymous said:
[redacted]
I think the value in the 911R is more than the profit on it. I doubt it's much of a profit generator at all as too few cars for the cost of development. What it does do is create a brand halo around Porsche that filters down. We are all dying to get a 991.2 gt3 as something of a 911R lite, but to the wider populace Porsche is associated with brilliant cars that keep winning "car of the year". Like it or loathe it, that constant press presence and the impression created does drive sales of the other models. To that end the 911R is a profit generator right now, just not one measured in 911R sales.

It's still a pain in the backside and I'd rather have a R than a .2GT3, but that's not going to happen. I sorely hope that the .2GT3 is not overly limited in numbers, but I fear this strategy of limiting volumes, increasing hype and using "Porsche buying record" as the way to allocate the limited cars is here to stay. I'm on the list - let's see what happens.

mdianuk

2,890 posts

172 months

Tuesday 15th November 2016
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jimmyslr said:
It's still a pain in the backside and I'd rather have a R than a .2GT3, but that's not going to happen. I sorely hope that the .2GT3 is not overly limited in numbers, but I fear this strategy of limiting volumes, increasing hype and using "Porsche buying record" as the way to allocate the limited cars is here to stay. I'm on the list - let's see what happens.
This is indeed the case, it is a strategy that has worked well for the modern day Porsche. I cannot imagine it being any different with the .2GT3; you only have to ask around a few OPC's and you'll see how hard it is to get a slot, even though uncertainty plays a part in this.

Koln-RS

3,869 posts

213 months

Tuesday 15th November 2016
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991.2 GT3 availability and allocations are all conjecture at the moment. It hasn't even been announced, so OPCs really won't yet know how many cars they might get.

The problem is, they will be getting daily enquiries from speculators, dreamers, multiple orderers, and of course some genuine buyers. So, they will need to rationalise the process.

But, just building as many as the market can take would be a big mistake for Porsche. The 'halo' would be tarnished and prices would drop - right across the GT and RS product range, and this would impact on the mainstream cars. Porsche would be seen as a mass market producer and its already diminishing exclusivity would slip further.

hunter 66

3,910 posts

221 months

Tuesday 15th November 2016
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That is the way it was for the last 30 years ...... speculators is a new phenomenon ......... look at the 64 RS slagged of at launch .... even 996 and 997 GT3 ..... only true enthusiasts bought as they were to "hard" ," no Satnav " etc and had a Wing on the Boot ......so they struggled to sell the cars hence numbers were not that high ..
Now often I meet people at a social or work event and they say ...." hear you race 911s , How can I make some money on a GT 3 " ..... things are different ......maybe social media ....... but most would not like it as a car to drive ..

sidicks

25,218 posts

222 months

Tuesday 15th November 2016
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hunter 66 said:
That is the way it was for the last 30 years ...... speculators is a new phenomenon ......... look at the 64 RS slagged of at launch .... even 996 and 997 GT3 ..... only true enthusiasts bought as they were to "hard" ," no Satnav " etc and had a Wing on the Boot ......so they struggled to sell the cars hence numbers were not that high ..
Now often I meet people at a social or work event and they say ...." hear you race 911s , How can I make some money on a GT 3 " ..... things are different ......maybe social media ....... but most would not like it as a car to drive ..
Of course there is another benefit to the limited numbers - plenty of genuine enthusiasts might not be able to afford a GT3 if numbers were unlimited and hence depreciation was 'significant'. Assuming they can obtain a car in the first place, then limited numbers means much lower depreciation and hence makes the car 'affordable' when otherwise it might not be.

isaldiri

18,606 posts

169 months

Tuesday 15th November 2016
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sidicks said:
Of course there is another benefit to the limited numbers - plenty of genuine enthusiasts might not be able to afford a GT3 if numbers were unlimited and hence depreciation was 'significant'. Assuming they can obtain a car in the first place, then limited numbers means much lower depreciation and hence makes the car 'affordable' when otherwise it might not be.
Fat lot of good lower depreciation means if one can't get a car though..... Anyway the whole spiel about limited numbers isn't necessarily true imo. Porsche made plenty of 991 gt3s, RS and gt4s in the end, far closer to actual build to order which they should always have done from the start than any suggested limited number at launch. If people were prepared to stick to their order and not throw a hissy fit right at the start not being able to get an early allocation (to flip?) for the gt3 and 4 at least most people did did get their cars in the end with a bit of effort with the dealer afaik.

sidicks

25,218 posts

222 months

Tuesday 15th November 2016
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isaldiri said:
Fat lot of good lower depreciation means if one can't get a car though .... Anyway the whole spiel about limited numbers isn't necessarily true imo. Porsche made plenty of 991 gt3s, RS and gt4s in the end, far closer to actual build to order which they should always have done from the start than any suggested limited number at launch. If people were prepared to stick to their order and not throw a hissy fit right at the start not being able to get an early allocation (to flip?) for the gt3 and 4 at least most people did did get their cars in the end with a bit of effort with the dealer afaik.
Agreed.

MDL111

6,974 posts

178 months

Tuesday 15th November 2016
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sidicks said:
hunter 66 said:
That is the way it was for the last 30 years ...... speculators is a new phenomenon ......... look at the 64 RS slagged of at launch .... even 996 and 997 GT3 ..... only true enthusiasts bought as they were to "hard" ," no Satnav " etc and had a Wing on the Boot ......so they struggled to sell the cars hence numbers were not that high ..
Now often I meet people at a social or work event and they say ...." hear you race 911s , How can I make some money on a GT 3 " ..... things are different ......maybe social media ....... but most would not like it as a car to drive ..
Of course there is another benefit to the limited numbers - plenty of genuine enthusiasts might not be able to afford a GT3 if numbers were unlimited and hence depreciation was 'significant'. Assuming they can obtain a car in the first place, then limited numbers means much lower depreciation and hence makes the car 'affordable' when otherwise it might not be.
i would much rather have them depreciate and only enthusiast wanting to order them / being able to pick up multiple cars at much lower prices used and then accepting that they will cost me a lot to run. I think we will soon be back to that anyway, just waiting for those rates to go up again and people jumping on the next investment idea.

Wilmslowboy

4,214 posts

207 months

Tuesday 15th November 2016
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Younez said:
A colleague of mine is selling his 2014 991 GT3 for 138k he is open and says he bought new for 112k. I can probably get it for 134. My question is would it be a risk buying this now with the new model coming out next year? ....!
I just missed out on a super spec, club sport, low miles, great colour, early car - sold for sub £130k

anyone know of another give us a shout frown

f1ten

2,161 posts

154 months

Tuesday 15th November 2016
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I would say prices are totally driven by speculators at the moment. It won't last as it never does. Agreed it is Shane you can't get your order down on one as a real enthusiast

Koln-RS

3,869 posts

213 months

Tuesday 15th November 2016
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f1ten said:
I would say prices are totally driven by speculators at the moment. It won't last as it never does. Agreed it is Shane you can't get your order down on one as a real enthusiast
I disagree.

Yes, some speculators, for sure. But, lots of people (many of whom are enthusiasts) with plenty of money, prepared to spend it on the very best and most exclusive cars - and not just Porsches.

Only an economic crash or oversupply would stem confidence.

Wilmslowboy

4,214 posts

207 months

Tuesday 15th November 2016
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I have no desire to speculate
A 991 GT3 at list is a bargain compared to alternatives .....

£40k less than a 458, £80k less than a GT3 RS , and £400k less than a 911R


Tony 1234

3,465 posts

228 months

Wednesday 16th November 2016
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I've got everything crossed for a 3RS, got my deposit back for the 991.1 RS.

993AL

1,939 posts

219 months

Wednesday 16th November 2016
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Tony 1234 said:
I've got everything crossed for a 3RS, got my deposit back for the 991.1 RS.
I got my deposit back too, 15 months it sat. Ditched the GT3 that I had and moved to McLaren, life's too short for Porsche's antics, at least mine is.

Edited by 993AL on Wednesday 16th November 13:47

coops18

87 posts

112 months

Wednesday 16th November 2016
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I agree with this quote.


Wilmslowboy said:
I have no desire to speculate
A 991 GT3 at list is a bargain compared to alternatives .....

£40k less than a 458, £80k less than a GT3 RS , and £400k less than a 911R
GTS's are holding £100k and a GT3 at £120-£130,000 is an amazing step up. Driving the GT3 is an amazing experience and they look the dogs!

If you can get the last models with the engine changed at the factory with Pccb's for around £130K you have an amazing car!! and one that will look after your money for you.


Younez

Original Poster:

1,057 posts

167 months

Wednesday 16th November 2016
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wow this thread has grownsmile
Test drove gt3 today, exhaust valve is annoying but could live with it, loved the car and engine. Only thing that worries me is that it was a bit twitchy when on it, I drive all through out the year so may instead look at new 991 Turbo S.

f1ten

2,161 posts

154 months

Friday 18th November 2016
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This guy speaks from the heart. I will either buy 3 yrs old when premiums go or change brand ....since bonds are moving up now so fast money is going to park elsewhere and record. classified Supercar ads means average sale on pistonheads are taking months

sone

4,587 posts

239 months

Sunday 20th November 2016
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woollyjoe said:
Later, now the new GT3 is going to come with 4L engine.
So that's probably at least a couple of years extra wait?

JiggyJaggy

1,451 posts

141 months

Thursday 27th April 2017
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Seen a few beautiful GT3 around the £115k+ mark. They seem good value compared to the impending GT3 991.2.