I know no one has a crystal ball, but...

I know no one has a crystal ball, but...

Author
Discussion

Mark_H

Original Poster:

334 posts

256 months

Wednesday 9th March 2005
quotequote all
...what do you think will happen to the value of a GT3 RS?

The reason for the question, is that I am sick of losing money on cars (aren't we all), but would like to have something special in the garage.

I am considering a 993 RS CS or a 996 GT3 RS? The 996 will be the quicker more competent car, but will depreciate a lot more. On the other hand the 993 will hold its value, but will be the slower car.

The other option, as a mate pointed out, is not to buy any more cars!!!

Any thoughts?

Mark

ninemeister

1,146 posts

258 months

Wednesday 9th March 2005
quotequote all
Buy the 993RS Clubsport and give it an engine that produces the simlar power to a GT3RS.... no depreciation, lighter, more fun and a lot cheaper to run.

david hype

2,296 posts

252 months

Wednesday 9th March 2005
quotequote all
los angeles said:
I like that, 9-Mice. The best RS and RSR's are much cheaper over here depreciation isn't a big worry.


LA. What are the respective purchase costs of the 993 RS and 993 RS Clubsports models over there with the Dollar being so weak?

rubystone

11,254 posts

259 months

Wednesday 9th March 2005
quotequote all
I think that the GT3RS will stabilise in price, but the question is, when? It's certainly affecting the value of Mk 2 GT3s and to a lesser extent Mk 1s

clubsport

7,260 posts

258 months

Wednesday 9th March 2005
quotequote all
david hype said:

los angeles said:
I like that, 9-Mice. The best RS and RSR's are much cheaper over here depreciation isn't a big worry.



LA. What are the respective purchase costs of the 993 RS and 993 RS Clubsports models over there with the Dollar being so weak?


This should be interesting........The 993 RS & Clubsport were never officially imported into the US which is why there is so much expertise on Rennlist where everyone is trying to create their own RS.

There are the odd few that have been imported to the states, but by the time you have bought one in Europe got it to the states and then spent $000's federalising it, they cost a fortune.

burzel

1,084 posts

244 months

Wednesday 9th March 2005
quotequote all
Buy a 993 rs and put a 9m engine in it ,no deprecation ,and faster than a gt3 rs simple!
Wait till the 997 gt3 and then watch the deprecation.
And no, I am not chief exec of sales for 9m.

Mark_H

Original Poster:

334 posts

256 months

Thursday 10th March 2005
quotequote all
So Colin, it seems I am going full circle! It was just over a year ago I was asking about cost for an engine upgrade on my 964 rs cs! So what options are there for the 993 3.8, and how much? Be gentle!

Steve Rance

5,446 posts

231 months

Thursday 10th March 2005
quotequote all
Mark_H said:
...what do you think will happen to the value of a GT3 RS?

The reason for the question, is that I am sick of losing money on cars (aren't we all), but would like to have something special in the garage.

I am considering a 993 RS CS or a 996 GT3 RS? The 996 will be the quicker more competent car, but will depreciate a lot more. On the other hand the 993 will hold its value, but will be the slower car.

The other option, as a mate pointed out, is not to buy any more cars!!!

Any thoughts?

Mark


The GT3RS also has a lot of tuning potential easpecially in the chasis. Many of the RS's that I know of have dyno'd at 400bhp and one at 407 in standard form. You will need to take a 993 to it's absolute extreme to give comparable performance and that won't be cheap and you won't get your money back.

The RS should hold it's money quite well, I know of a 2003 car that has just been sold at an OPC for 83K, only 3k under list.

MK2 GT3 is an absolute bargain. It was heavily effected by the launch of the RS as many MK2 customers moved into the RS. You can pick a good MK2 clubsport up for 60 - 65K and with a relatively modest upgrade budget could be within a second or two of an RS.

The 993 RS is a beatiful car but it is essentially a modified road car, the GT3 is a race car modified for the road and as such is a better proposition.

If I were you, I'd buy a MK2 GT3

Steve R

Mark_H

Original Poster:

334 posts

256 months

Thursday 10th March 2005
quotequote all
Steve Rance said:

Mark_H said:
...what do you think will happen to the value of a GT3 RS?

The reason for the question, is that I am sick of losing money on cars (aren't we all), but would like to have something special in the garage.

I am considering a 993 RS CS or a 996 GT3 RS? The 996 will be the quicker more competent car, but will depreciate a lot more. On the other hand the 993 will hold its value, but will be the slower car.

The other option, as a mate pointed out, is not to buy any more cars!!!

Any thoughts?

Mark



The GT3RS also has a lot of tuning potential easpecially in the chasis. Many of the RS's that I know of have dyno'd at 400bhp and one at 407 in standard form. You will need to take a 993 to it's absolute extreme to give comparable performance and that won't be cheap and you won't get your money back.

The RS should hold it's money quite well, I know of a 2003 car that has just been sold at an OPC for 83K, only 3k under list.

MK2 GT3 is an absolute bargain. It was heavily effected by the launch of the RS as many MK2 customers moved into the RS. You can pick a good MK2 clubsport up for 60 - 65K and with a relatively modest upgrade budget could be within a second or two of an RS.

The 993 RS is a beatiful car but it is essentially a modified road car, the GT3 is a race car modified for the road and as such is a better proposition.

If I were you, I'd buy a MK2 GT3

Steve R


Hi Steve,

Thanks for your input.

I agree with you re. future residuals of the GT3 RS. They must be better than any other GT3, purely down to the limited numbers brought into the UK - 100 if I remember correctly.

GT3 Mk1 vs Mk2 - most people seem to think the Mk1 is the better car and therefore the one to go for. Why do you suggest the Mk2?

Thanks,

Mark

johnny senna

4,046 posts

272 months

Thursday 10th March 2005
quotequote all
Steve Rance said:


Mark_H said:
...what do you think will happen to the value of a GT3 RS?

The reason for the question, is that I am sick of losing money on cars (aren't we all), but would like to have something special in the garage.

I am considering a 993 RS CS or a 996 GT3 RS? The 996 will be the quicker more competent car, but will depreciate a lot more. On the other hand the 993 will hold its value, but will be the slower car.

The other option, as a mate pointed out, is not to buy any more cars!!!

Any thoughts?

Mark




The GT3RS also has a lot of tuning potential easpecially in the chasis. Many of the RS's that I know of have dyno'd at 400bhp and one at 407 in standard form. You will need to take a 993 to it's absolute extreme to give comparable performance and that won't be cheap and you won't get your money back.

The RS should hold it's money quite well, I know of a 2003 car that has just been sold at an OPC for 83K, only 3k under list.

MK2 GT3 is an absolute bargain. It was heavily effected by the launch of the RS as many MK2 customers moved into the RS. You can pick a good MK2 clubsport up for 60 - 65K and with a relatively modest upgrade budget could be within a second or two of an RS.

The 993 RS is a beatiful car but it is essentially a modified road car, the GT3 is a race car modified for the road and as such is a better proposition.

If I were you, I'd buy a MK2 GT3

Steve R




My 993 RS (converted to full Clubsport spec by Porsche when still new) feels more like a race car than any GT3, the GT3 RS included! I know that this is mostly to do with the no carpet interior and full welded in cage........but it does feel pure race car from the driver's seat.

If you bought a 993 RS CS and spent 10 grand on the engine, you would have a great car. These are very rare cars. You see a lot of GT3 RSs at track days. Not so 993 RS Clubsports.

As Steve says, you wouldn't get the 10 grand you spent on mods back, but the car itself wouldn't lose money, it would possibly gain value.

The GT3 RS is likely lose another 10-20 grand in my view. They will bottom out at about 65 grand in about 4-5 years time. You did ask who had a crystal ball!!

I am biased because I own one, but the 993 RS CS feels SO special, I wouldn't change it for anything else except a 993 GT2 or Carrera GT/Mac F1.


Edited to say.....

On a different note, THE performance bargain of the moment is the 996 GT2. It has massive performance. All you need to do is put steel brakes on it. I know Steve Rance will tell you that the GT3 RS is better and faster on the track and he is right, but as an all rounder with frightening pace, the 996 GT2 is looking like extraordinary value at the moment. I wouldn't mind a comfort spec one to compliment my 993 RS. The comfort spec version has way better looks than the 996 Turbo, and it does a half decent GT impression too. Nice car to go across Europe in.

>> Edited by johnny senna on Thursday 10th March 16:16

steve rance

5,446 posts

231 months

Friday 11th March 2005
quotequote all
Mark_H said:

Steve Rance said:


Mark_H said:
...what do you think will happen to the value of a GT3 RS?

The reason for the question, is that I am sick of losing money on cars (aren't we all), but would like to have something special in the garage.

I am considering a 993 RS CS or a 996 GT3 RS? The 996 will be the quicker more competent car, but will depreciate a lot more. On the other hand the 993 will hold its value, but will be the slower car.

The other option, as a mate pointed out, is not to buy any more cars!!!

Any thoughts?

Mark




The GT3RS also has a lot of tuning potential easpecially in the chasis. Many of the RS's that I know of have dyno'd at 400bhp and one at 407 in standard form. You will need to take a 993 to it's absolute extreme to give comparable performance and that won't be cheap and you won't get your money back.

The RS should hold it's money quite well, I know of a 2003 car that has just been sold at an OPC for 83K, only 3k under list.

MK2 GT3 is an absolute bargain. It was heavily effected by the launch of the RS as many MK2 customers moved into the RS. You can pick a good MK2 clubsport up for 60 - 65K and with a relatively modest upgrade budget could be within a second or two of an RS.

The 993 RS is a beatiful car but it is essentially a modified road car, the GT3 is a race car modified for the road and as such is a better proposition.

If I were you, I'd buy a MK2 GT3

Steve R



Hi Steve,

Thanks for your input.

I agree with you re. future residuals of the GT3 RS. They must be better than any other GT3, purely down to the limited numbers brought into the UK - 100 if I remember correctly.

GT3 Mk1 vs Mk2 - most people seem to think the Mk1 is the better car and therefore the one to go for. Why do you suggest the Mk2?

Thanks,

Mark


Hi Mark

The MK2 engine is better than the MK1, the internals are 3Kg lighter so it red lines at 8200 rather than 7800 although both engines are safe up to 9000 rpm! The gearbox also has an separate oil cooler. The MK1 didn't and a few are starting to have gearbox problems.

The Mk2 is slightly heavier but stiffer and the chasis is just as tunable. The MK1 is now an 'old' Porsche so the anoracs are begining to give it classic status - although they all hated it when it came out because it was water cooled.

The main reason for me suggesting a MK2 is purely price. The MK1 is firming up at around 50 - 58k, the MK2 which will be at least 3 years younger - possibly 5 - and is quicker out of the box can be picked up for 55- 65. It makes the car a better buy as I feel it too will firm up in a few years when anorac man decides he liked it after all. If you want the ultimate though, get the RS. It is the homologated platform for the RSR with completely different suspension than the standard GT3 and - although Porshce have never admitted it it has more power.
The carbon fibre bits on it cost a fortune and it will be the last RS with a gear stick as the next one will have sequential.

Depends on your criteria....

Steve

burzel

1,084 posts

244 months

Saturday 12th March 2005
quotequote all
This has some interesting bits,just from the current trend with cars at the moment. Even the carrera gt is starting to take a hammering.
The 993 rscs was/is a race car for the road and has raced in many series in germany etc along side the 993 cup cars in gtp etc
The gt3 are great cars, the rs i feel even better after blating one around Goodwood ,last summer.
The 964 rscs with a hot engine sounds a better idea.To minimise your losses on a engine conversion, get a donor engine and build, and put the original engine on the shelf.You can then always revert back to the standard engine and sell the mod engine .
As steve said, moding a 993 engine is expensive and time consuming, thats why i went down the route of a donor engine to start with.
A 964 will track better than most of the later model cars, 993 included. Because of its low weight ,and setup/feel/feedback.
Of course a lot of the later cars have got some development to go yet,but to be nimble and fast you need low weight to start with, but saying that a 996 gt2 has got to be good value now ,sub 70k,bargain.These cars will get a cult status one day ,already nick named the widow maker!

johnny senna

4,046 posts

272 months

Saturday 12th March 2005
quotequote all
burzel said:
but saying that a 996 gt2 has got to be good value now ,sub 70k,bargain.These cars will get a cult status one day ,already nick named the widow maker!



Amen to that!

GreigM

6,728 posts

249 months

Sunday 13th March 2005
quotequote all
Mark_H said:

I agree with you re. future residuals of the GT3 RS. They must be better than any other GT3, purely down to the limited numbers brought into the UK - 100 if I remember correctly.

Mark, also remember that there were only 106 Mk1 officially brought to the UK - making it just as rare as the RS, and in particular there were only 28 clubsports - making it a very rare sight indeed and as you say, this limited supply can only help residuals.