The market seem to have been flooded with the 991 RS

[RSVP911]

MDL111 said:

RSVP911 said:

MDL111 said:

RSVP911 said:

isaldiri said:

RSVP911 said:

Agree the depreciation thing is for mugs or the very wealthy

Oddly enough, pre 2014 a lot of mugs were happy to buy the GT cars to drive despite the depreciation. Or perhaps everyone doing that was just all really rich......

Yep fair point - you're right to call me on it - let me expand on what I mean.

The Porsche GT overs / Aircoed market is a strange thing - it allows you to own amazing cars for very little - sometimes you get the opposite of depreciation - other times the depreciation rate is good relative to their peer group - this dynamic has allowed me to enjoy some great cars without the guilt that I'm wasting money on things I absolutely don't need - but I do love. It's brilliant.

I drive all my cars on road and occasionally on track (this is probably a good thing) My weekend is dominated by them to the point I am generally in trouble with my family for constantly "disappearing" . My DD is either a 981 Spyder or a GT4 .

I guess all I was saying is here is no way I'd own a lot of depreciating assets and if I bought other exotics that depreciate like stink then in my mind this would be an obscene waste of money - regardless if I could afford it or not - it would just feel wrong to me and as such, the Porsche thing really works for me.

Lastly, I bought my 991.1 GT3 before his "thing" started - put in LOI about 2 years before getting it.

Keep well

And this is why I think the market will revert to normal eventually, with possibly quite a big drop at some point - as you understandably say, you do not want to own a lot of depreciating assets and I suspect there are quite a few more people of the same opinion - There might come a time when quite a few will throw their cars on the market (esp the ones on finance) as the market will look like it is turning - sentiment shift and all that

Yeah maybe in fact , probably ; a correction will happen ........but the long game is set imho - rare air cooled and special older GT pork are not going to be repeated and will become more interesting as they get further removed from evolving modernity - they will bounce back and probably to a higher level than now - it may take some time but of this I'm certain. Let's see how the market looks in 10-15 years time.

I agree with you, but I would not necessarily include a 991 RS in that category - it is the first of the new breed of RS cars and the 991.2 will probably be very similar (kinda like 997.1 and 997.2) - and I do think eventually the 997 will be worth much more as the 991 was just built in too large numbers. In any case they are all great Cars, I would just not bet on no correction ever - if you then sit on in (i.e. Drive it) for another decade without losing sleep over it, you win on all levels anyway.

Yep absolutely agree - 991RS is the start of the new breed - PDK , no Mezger engine , EPS etc - it is an epic thing - brilliant, but the start of the line - that's why I mentioned "special old GT" - I was thinking 997.2 RS and before

[Fokker]

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(esp the ones on finance)

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But then a lot of finance schemes have a guaranteed future value.

[Porsche911R]

JZM have taken another £10k off that RS to £184k now, by far the cheapest RHD car.

Porsche OPC have also taken £10k off some of the 997 RS models

makes you wonder what margins was in these cars in the 1st place.

[Fokker]

Porsche911R said:

JZM have taken another £10k off that RS to £184k now, by far the cheapest RHD car.

Porsche OPC have also taken £10k off some of the 997 RS models

makes you wonder what margins was in these cars in the 1st place.

Just looked at the add and it has light grey alcantara on the seats and armrests plus doors. Good luck keeping that clean.
I really like the spec apart from that though... Really fancy an Ultra Violet RS one day, interesting colour without being too shouty.
The next owner is either the 3rd or 4th so that might be putting some people off but seems good value to me.

Watch it sell now!

[RSVP911]

RSVP911 said:

Fokker said:

Porsche911R said:

JZM have taken another £10k off that RS to £184k now, by far the cheapest RHD car.

Porsche OPC have also taken £10k off some of the 997 RS models

makes you wonder what margins was in these cars in the 1st place.

Just looked at the add and it has light grey alcantara on the seats and armrests plus doors. Good luck keeping that clean.
I really like the spec apart from that though... Really fancy an Ultra Violet RS one day, interesting colour without being too shouty.
The next owner is either the 3rd or 4th so that might be putting some people off but seems good value to me.

Watch it sell now!

Not having PCCB’s will not be helping - not saying it needs them - just saying there is a big price gap for cars without.


I was out in mine tonight - they are such great cars

[kev.RS]

Fokker said:

Really fancy an Ultra Violet RS one day

It will be interesting to see if they do UV on 991.2 RS as if not I think will help them in value in a few years.

Must say I do love the voodoo blue RS at Tonbridge