991.2 GT3 future value
Discussion
Given this GT3 is the last of the NA car's I'd say in future years the value will never be less than £130k (average invoice cost) and will always greatly exceed that figure IMO.
What say you?
(I suppose some bright spark on here will give a link to this post in the distant future and I'll look a right wally)
What say you?
(I suppose some bright spark on here will give a link to this post in the distant future and I'll look a right wally)
Tony 1234 said:
Given this GT3 is the last of the NA car's I'd say in future years the value will never be less than £130k (average invoice cost) and will always greatly exceed that figure IMO.
What say you?
(I suppose some bright spark on here will give a link to this post in the distant future and I'll look a right wally)
cars will drop when interest rates rise, that's a given , add to this £2k to tax cars like these and only getting higher and the flood of GT style cars on the market any thing can happen.What say you?
(I suppose some bright spark on here will give a link to this post in the distant future and I'll look a right wally)
I see cars way below £130k, I sold my GT3 for £38k as an example and all GT3's dropped from RRP before the 991.1 GT3.
As for no other GT3 to come NA, there is another due in March 2019 ;-)
the co2 /TAX could see cars like this not worth owning in 10 years times.
money is cheap atm, this will again not last and as 85% of cars are on PCP a rate rise will again kill sales, new car sales are already the lowest in 6 years !
we all pay s
t all for out mortgages, and we can all get 3% loans. people will have to sell up to keep their houses.As a lot of cars are investor owned now that market will also dry up.
Edited by Porsche911R on Saturday 7th October 10:43
Ferraris recent price hike of 8 % following the weakening pound will be shadowed by Porsche no doubt. This could prop up the already strong gen GT3 residuals. Like 6 year old 458s, still retailing over list with likely £200k plus price parity between the gen 2 and 991.1 RS.
Even if higher rfl most owners won't give a toss like the price of petrol its largely irrelevant in the grand scheme.
458 Speciale and 991.2 GT3 RS basically one way bets residually despite the recent jitters from Brexit and rate rise slight easing of Speciale prices short term.
Not unlike the recent Daily Fail type scaremongering re diesel residuals (the average second hand price of which ROSE from £14360 to £14542 between August and September despite falling new sales), there appears to be a lot of bks talked about a collapse in the market for the largely last of the line proper drivers NA cars.
Even if higher rfl most owners won't give a toss like the price of petrol its largely irrelevant in the grand scheme.
458 Speciale and 991.2 GT3 RS basically one way bets residually despite the recent jitters from Brexit and rate rise slight easing of Speciale prices short term.
Not unlike the recent Daily Fail type scaremongering re diesel residuals (the average second hand price of which ROSE from £14360 to £14542 between August and September despite falling new sales), there appears to be a lot of b
ks talked about a collapse in the market for the largely last of the line proper drivers NA cars.I had a chat to the the OPC about the GT3 and they were talking about one customer buying up a Macan, GT4 and a 991.1 GT3 from them just to bump up the list of customers with a good relationship. They basically recommended I buy another GT4 they had got and 'maybe next time'. Meanwhile, I've had a re-think and have been looking at some SCs/3.2s. Wow, the character of these machines is amazing. It's totally changed my mindset on what I want, which is now to keep hold of the modern carrera and supplement with a classic. Clearly, it'll take a lot more people changing their mind on what's on their wish list than me to make a difference, but I think at some point there'll be a bit of a shift away from the GT3 as being the car of the moment. Prices are always likely to be strong but perhaps they'll calm a little.
i am also looking at older cars. recently cancelled an order on a new 991.2 gts as whilst the machine was capable. it was so boring in the process. engine sounded nothing at all special, pdk made me feel like a passenger and even diving into bends at high speed left me feeling nothing. no adrenaline rush at all.
its a shame really, all these new porsches feel so similar to VW with the same switchgear etc, all the character is lost.
i will try a 991.2 gt3 once they come to the second hand market as hopefully the motorsport engine and 6 speed trans will be more of what i was expecting it to be.
its a shame really, all these new porsches feel so similar to VW with the same switchgear etc, all the character is lost.
i will try a 991.2 gt3 once they come to the second hand market as hopefully the motorsport engine and 6 speed trans will be more of what i was expecting it to be.
Said it before elsewhere on here....Porsche are making GT cars in unprecedented numbers and I think this will take premium out of the market for GT cars over the next few years. Look at 991.1 GT3 RS prices...they're softening before the new one has even been confirmed on the back of the 991.2 GT3. Unless you haven't used a 991.1 GT3 I doubt you'd get back what you'd paid for a 991.1 GT3 now...and I suspect the same if true of the 991.1 GT3 RS. Someone who had one of the latter commented on here recently that they struggled to get list for it from a dealer last year.
Whichever iteration of the GT3 becomes the last N/A car that might well buck the trend....can't see the GT3 being N/A beyond 992 because I doubt the race car will be.
Whichever iteration of the GT3 becomes the last N/A car that might well buck the trend....can't see the GT3 being N/A beyond 992 because I doubt the race car will be.
Cheib said:
Said it before elsewhere on here....Porsche are making GT cars in unprecedented numbers and I think this will take premium out of the market for GT cars over the next few years. Look at 991.1 GT3 RS prices...they're softening before the new one has even been confirmed on the back of the 991.2 GT3. Unless you haven't used a 991.1 GT3 I doubt you'd get back what you'd paid for a 991.1 GT3 now...and I suspect the same if true of the 991.1 GT3 RS. Someone who had one of the latter commented on here recently that they struggled to get list for it from a dealer last year.
Whichever iteration of the GT3 becomes the last N/A car that might well buck the trend....can't see the GT3 being N/A beyond 992 because I doubt the race car will be.
991 RS at list , sorry this is absolutely not the case. I think if it’s the post I’m thinking of, it was referring to a highly modified 997.1RS ? If not then apologies, but honestly there is no way you wouldn’t get OTR price back ++ on a 991 RS with average mileage - if you’re right then they are the bargain of the year Whichever iteration of the GT3 becomes the last N/A car that might well buck the trend....can't see the GT3 being N/A beyond 992 because I doubt the race car will be.
I read elsewhere on here McLaren dealers aren’t bidding on used 720S’s (another car launched at Geneva only this year). If things go belly up as catastrophically as some say (and I don’t think they will), I’ll be watching the value of my house and my shares long before I worry about my GT3.
Buy.
Buy.
RSVP911 said:
991 RS at list , sorry this is absolutely not the case. I think if it’s the post I’m thinking of, it was referring to a highly modified 997.1RS ? If not then apologies, but honestly there is no way you wouldn’t get OTR price back ++ on a 991 RS with average mileage - if you’re right then they are the bargain of the year
No it wasn’t in relation to the 997. It was a 991.1 RS. I recall the posts too; wasn’t that long ago. The chap got a roasting for wanting to flip his car. And prices have softened - the going asking price for a 991.1 RS with PCCBs and lift appears to be 195 for a 10k miler or 200-205 for the lower milers. I’d expect the bid/offer spread has widened to 20-25k on these now. And even at those prices cars appear not to be selling and there are more RSs on sale than any variant I can recall. A significant softening compared to six months ago but that could just be the winter cycle but I doubt it.
The economy isn’t great, there is material uncertainty ahead, much of the risk downside and interest rates are rising.
I hope the days of cars being treated like art investments are vanishing. I never thought I’d say it but I for one want the norm of moderate depreciation back.
Edited by Salamander1978 on Saturday 7th October 22:51
Edited by Salamander1978 on Saturday 7th October 22:52
MartinRS2K said:
The JZM UV 991RS seems very good value at £185k and not bad miles. Is it missing anything?
a car that's 2 years old and not at all particularly rare and by Geneva 2018 will be supplanted by a gen2 version is considered 'good value' at a mere what £35k over list...? Seriously?991.1 rs not achieving list at an OPC? £150k new with decent spec. You'd think you'd get that all day long ...
Let's not panic just yet! Interest rates may rise slightly but not much. Wasn't his analogy car related? Easing the foot off the accelerator rather than putting the brakes on. I very much doubt we'll see much change in anything for quite some time.
Let's not panic just yet! Interest rates may rise slightly but not much. Wasn't his analogy car related? Easing the foot off the accelerator rather than putting the brakes on. I very much doubt we'll see much change in anything for quite some time.
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