Where will the price of Porsche GT cars be this time 2021?
Discussion
I certain member on here was convinced that the price of 981 GT4's would be in the 50K's by the end of the year.
Apart from the odd Insurance write off most are still well above £60K
So that made mw wonder where will the price of cars be in 12 months time. It would be great to look back on this and see what we all thought now and what reality is in 12 months
So lets stick to 2 models GT3 and GT4
All you have to do is pick a model and say what will happen to it
981 Gt4 to sell for around 55-60k starting and good ones still fetching £70K?
718 Gt4 to continue to drop as buyers move into PDK cars and maybe then back to manual . Could we see 2019 GT4 for £70k?
991.1 GT3 to drop as more buyers buy and sell these due to the "engine" issue maybe see nice ones below £70K?
991.2 GT3 to drop more than the 991.1 Gt3 as the Gt3 become available, maybe start to see the odd car at less than £100K?
Just some harmless humour hopefully and at least on my part just guess work
Sid
Apart from the odd Insurance write off most are still well above £60K
So that made mw wonder where will the price of cars be in 12 months time. It would be great to look back on this and see what we all thought now and what reality is in 12 months
So lets stick to 2 models GT3 and GT4
All you have to do is pick a model and say what will happen to it
981 Gt4 to sell for around 55-60k starting and good ones still fetching £70K?
718 Gt4 to continue to drop as buyers move into PDK cars and maybe then back to manual . Could we see 2019 GT4 for £70k?
991.1 GT3 to drop as more buyers buy and sell these due to the "engine" issue maybe see nice ones below £70K?
991.2 GT3 to drop more than the 991.1 Gt3 as the Gt3 become available, maybe start to see the odd car at less than £100K?
Just some harmless humour hopefully and at least on my part just guess work
Sid
They’re definitely no longer an investment and they are irrelevant as a useable road car.
However, many people want something that is a bit special, is more driver focussed, reflects Porsche’s engineering expertise, stands out from the crowd, and performs well on track.
In the same way, the classic, aircooled Porsches meet certain criteria.
They are all recreational, fun cars and that’s were the pleasure lies, not fretting on values
However, many people want something that is a bit special, is more driver focussed, reflects Porsche’s engineering expertise, stands out from the crowd, and performs well on track.
In the same way, the classic, aircooled Porsches meet certain criteria.
They are all recreational, fun cars and that’s were the pleasure lies, not fretting on values
Edited by Koln-RS on Wednesday 23 December 09:42
- 981 GT4 to hold steady, 718 GT4 values to drop slowly towards parity as new car effect wears off. 981 to be looked on more favourably long term. Ashgood have dropped their poverty spec car to <£80k, although this is probably the weakest time for the market.
- 991.1 GT3 to drop as engine warranty nears its end. Not sure what a sensible floor is for these, but I wouldn't have one.
- 991.2 GT3 to drop more than 991.1 as 992 is released and eventually reach parity with 997.2. Possibly £100k-110k in the next year.
MannyLon said:
To me, these cars are not investments. Buy them, drive them, enjoy them.
When we start talking about prices it detracts from the enjoyment.
Stop being a spoilsport it is just ab it of fun When we start talking about prices it detracts from the enjoyment.
No one mentioned investment just where will prices be in 12 months. I expect all my cars to depreciate as that is the price you pay to enjoy them.
Just take a stab at these car prices in 12 months what you got to lose ?
Koln-RS said:
They’re definitely no longer an investment and they are irrelevant as a useable road car.
However, many people want something that is a bit special, is more driver focussed, reflects Porsche’s engineering expertise, stands out from the crowd, and performs well on track.
In the same way, the classic, aircooled Porsches meet certain criteria.
They are all recreational, fun cars and that’s were the pleasure lies, not fretting on values
Just a bit of funHowever, many people want something that is a bit special, is more driver focussed, reflects Porsche’s engineering expertise, stands out from the crowd, and performs well on track.
In the same way, the classic, aircooled Porsches meet certain criteria.
They are all recreational, fun cars and that’s were the pleasure lies, not fretting on values
Edited by Koln-RS on Wednesday 23 December 09:42
Pick a model or 2 and take a guess nothing to lose and it you can say you were right or wring in 12 months ?
Xfe said:
* 981 GT4 to hold steady, 718 GT4 values to drop slowly towards parity as new car effect wears off. 981 to be looked on more favourably long term. Ashgood have dropped their poverty spec car to <£80k, although this is probably the weakest time for the market.
Thanks for getting into the spirit of things , cheers- 991.1 GT3 to drop as engine warranty nears its end. Not sure what a sensible floor is for these, but I wouldn't have one.
- 991.2 GT3 to drop more than 991.1 as 992 is released and eventually reach parity with 997.2. Possibly £100k-110k in the next year.
Andyoz said:
It depends how active the 'marginal buyers' are.
If they leg it from here due to Brexit, work issues, 'going EV, etc then things can change. They set the prices for assets with any scarcity.
It is all if's and buts so why not have a guess it is just a bit of fun and you can look back on it in 12 months and see if you are right or wrong . If they leg it from here due to Brexit, work issues, 'going EV, etc then things can change. They set the prices for assets with any scarcity.
Go on pick a model or 2 and see where they end up
EvoSid said:
Stop being a spoilsport it is just ab it of fun
No one mentioned investment just where will prices be in 12 months. I expect all my cars to depreciate as that is the price you pay to enjoy them.
Just take a stab at these car prices in 12 months what you got to lose ?
Sid, problem is, it starts to sound like a Rolex forum where every other post is about where prices will be. No one mentioned investment just where will prices be in 12 months. I expect all my cars to depreciate as that is the price you pay to enjoy them.
Just take a stab at these car prices in 12 months what you got to lose ?
That said, enjoy your 981 in good health.
Interesting question but reckon there are too many variables to accurately predict future prices.
Brexit charge on new stock if available, manufacturing numbers and likely large price increase of 992 GT3 down to tech etc will prop.up 991.2 prices but little increase in power of the 992 and the juries out on the all important engine sound until we actually hear it will all affect 991.2 residuals but as usual the unicorn cars properly specced will still command the best prices especially approaching better weather track season and Spring. Economic uncertainty due to the pandemic just another factor adding to the mix but everyone predicted prices would crash after March 2020 lockdown but the reverse happened across all price ranges and then some.!
2021 could well be a repeat of 2020 post covid re top prices depends on supply of new and used both of which could well be restricted although the moritorium on repossessions will increase supply especially of vanilla mainstream and medium end priced stuff post end January 2021 but this isn't expected to have any major affect.
Further anticipated furlough and BBLs will obviously affect buyers spending power as we have already seen but this will be against a backdrop of increasing job losses.
Despite many claiming huge supply increases of the 718 Spyder and GT4 and the usual b
ks that anyone can walk into a showroom and order a new one this has not been the case with only 290 UK 718 GT4s being made up to the final quarter this year and chances are there will be fewer made than the 600 981 GT4s especially as production will likely cease by summer 2021.
981 GT4 and Spyder will hold steady and the 718 GT4 and Spyder will do likewise but at slightly over list for the better specced and mileage cars simply because the cars offer outstanding value and there really is nothing out there to compete at the money. Again the possible 10% hard Brexit charge on new cars will make later used more attractive thus firming up prices which will also firm up further as the best cars are sold and supply dwindles typically into Spring.
Brexit charge on new stock if available, manufacturing numbers and likely large price increase of 992 GT3 down to tech etc will prop.up 991.2 prices but little increase in power of the 992 and the juries out on the all important engine sound until we actually hear it will all affect 991.2 residuals but as usual the unicorn cars properly specced will still command the best prices especially approaching better weather track season and Spring. Economic uncertainty due to the pandemic just another factor adding to the mix but everyone predicted prices would crash after March 2020 lockdown but the reverse happened across all price ranges and then some.!
2021 could well be a repeat of 2020 post covid re top prices depends on supply of new and used both of which could well be restricted although the moritorium on repossessions will increase supply especially of vanilla mainstream and medium end priced stuff post end January 2021 but this isn't expected to have any major affect.
Further anticipated furlough and BBLs will obviously affect buyers spending power as we have already seen but this will be against a backdrop of increasing job losses.
Despite many claiming huge supply increases of the 718 Spyder and GT4 and the usual b
ks that anyone can walk into a showroom and order a new one this has not been the case with only 290 UK 718 GT4s being made up to the final quarter this year and chances are there will be fewer made than the 600 981 GT4s especially as production will likely cease by summer 2021.981 GT4 and Spyder will hold steady and the 718 GT4 and Spyder will do likewise but at slightly over list for the better specced and mileage cars simply because the cars offer outstanding value and there really is nothing out there to compete at the money. Again the possible 10% hard Brexit charge on new cars will make later used more attractive thus firming up prices which will also firm up further as the best cars are sold and supply dwindles typically into Spring.
Edited by av185 on Wednesday 23 December 12:57
MannyLon said:
Sid, problem is, it starts to sound like a Rolex forum where every other post is about where prices will be.
That said, enjoy your 981 in good health.
Manny That said, enjoy your 981 in good health.
Sid doesn’t have a 981,
He’s just happy discussing prices - no harm there-
but it may be a very long time before the prices drop to what he wants them to be
Deansfield said:
Manny
Sid doesn’t have a 981,
He’s just happy discussing prices - no harm there-
but it may be a very long time before the prices drop to what he wants them to be
Deansfiedl. Just to clarify I own a 2016 981 GT4. Bought privately on 30Nov this year. No finance needed either . Thanks Sid doesn’t have a 981,
He’s just happy discussing prices - no harm there-
but it may be a very long time before the prices drop to what he wants them to be
Fully expect to lose money on it as I have done on all the other cars I have bough in last 30 years so why should this be different lol
MannyLon said:
Sid, problem is, it starts to sound like a Rolex forum where every other post is about where prices will be.
That said, enjoy your 981 in good health.
Sorry no idea never been on a Rolex forum as what is their to learn......I want a rolex . how do I get on the list.....their is no list ...... lolThat said, enjoy your 981 in good health.
Like I said this is just harmless fun. You can either stick some number up or leave it makes no difference but I do like seeing how things pan out compared to what people think . Come from my retail background and comparing figures LFL, YOY
But i totally understand if that is not your cup of tea
No hard feelings bud
anonymous said:
[redacted]
Sure did and apart form driving it home still not had a chance to drive it properly. Can't wait till better weather. Mind you December has been quite decent but been so busy at work not had chance to take advantage. Plus these short days are a pain Just to clarify I did not buy it as an investment I fully expect to lose money on it and have budgeted a loss of about £15-20K over 3-4 years but who knows. Once I buy something I sort of forget the price and enjoy it as much as I can when I can. Only worry about what it is worth when I want to sell as until then why worry
av185 said:
Interesting question but reckon there are too many variables to accurately predict future prices.
Brexit charge on new stock if available, manufacturing numbers and likely large price increase of 992 GT3 down to tech etc will prop.up 991.2 prices but little increase in power of the 992 and the juries out on the all important engine sound until we actually hear it will all affect 991.2 residuals but as usual the unicorn cars properly specced will still command the best prices especially approaching better weather track season and Spring. Economic uncertainty due to the pandemic just another factor adding to the mix but everyone predicted prices would crash after March 2020 lockdown but the reverse happened across all price ranges and then some.!
2021 could well be a repeat of 2020 post covid re top prices depends on supply of new and used both of which could well be restricted although the moritorium on repossessions will increase supply especially of vanilla mainstream and medium end priced stuff post end January 2021 but this isn't expected to have any major affect.
Further anticipated furlough and BBLs will obviously affect buyers spending power as we have already seen but this will be against a backdrop of increasing job losses.
Despite many claiming huge supply increases of the 718 Spyder and GT4 and the usual bks that anyone can walk into a showroom and order a new one this has not been the case with only 290 UK 718 GT4s being made up to the final quarter this year and chances are there will be fewer made than the 600 981 GT4s especially as production will likely cease by summer 2021.
981 GT4 and Spyder will hold steady and the 718 GT4 and Spyder will do likewise but at slightly over list for the better specced and mileage cars simply because the cars offer outstanding value and there really is nothing out there to compete at the money. Again the possible 10% hard Brexit charge on new cars will make later used more attractive thus firming up prices which will also firm up further as the best cars are sold and supply dwindles typically into Spring.
Thanks and great insight. I did not realise that there was so few 718GT4's made. I think most Gt4 / 991 Gt3 cars will drop but then start to increase as they start to increase start slightly as people may want them as the newer cars are getting to powerfull o use on the road. Brexit charge on new stock if available, manufacturing numbers and likely large price increase of 992 GT3 down to tech etc will prop.up 991.2 prices but little increase in power of the 992 and the juries out on the all important engine sound until we actually hear it will all affect 991.2 residuals but as usual the unicorn cars properly specced will still command the best prices especially approaching better weather track season and Spring. Economic uncertainty due to the pandemic just another factor adding to the mix but everyone predicted prices would crash after March 2020 lockdown but the reverse happened across all price ranges and then some.!
2021 could well be a repeat of 2020 post covid re top prices depends on supply of new and used both of which could well be restricted although the moritorium on repossessions will increase supply especially of vanilla mainstream and medium end priced stuff post end January 2021 but this isn't expected to have any major affect.
Further anticipated furlough and BBLs will obviously affect buyers spending power as we have already seen but this will be against a backdrop of increasing job losses.
Despite many claiming huge supply increases of the 718 Spyder and GT4 and the usual b
ks that anyone can walk into a showroom and order a new one this has not been the case with only 290 UK 718 GT4s being made up to the final quarter this year and chances are there will be fewer made than the 600 981 GT4s especially as production will likely cease by summer 2021.981 GT4 and Spyder will hold steady and the 718 GT4 and Spyder will do likewise but at slightly over list for the better specced and mileage cars simply because the cars offer outstanding value and there really is nothing out there to compete at the money. Again the possible 10% hard Brexit charge on new cars will make later used more attractive thus firming up prices which will also firm up further as the best cars are sold and supply dwindles typically into Spring.
Edited by av185 on Wednesday 23 December 12:57
I went for short blast in my Gt4 and had to be reminded that I was doing over 90 , so easy to do and scary how easy it is to do.
But I am enjoying it
worldwidewebs said:
Well, I'm looking at getting a 997.2 GT3 in the next couple of months, so I can say with absolute confidence that prices will be 20% lower this time next year
Well I think you’re wrong....although your choice of car is a very good one. I think 997.2 is peak water cooled in terms of desirability, looks and crucially from a value perspective numbers made. Also have the halo effect of the 4.0 RS to add to desirability. If anything I would say 997.2 3.8.RS prices are unchanged to maybe a bit higher this year when everything else has dropped (not sure on 996 prices TBH as I don’t follow them). JZM sold a lowing mileage 997.2 RS recently in 24 hours...I think it was up for £165k. The RS in particular is starting to become scarce in the classifieds and I would say a well specced 997.2 GT3 CS sensibly priced would sell quickly too. I think GT3 prices will be unchanged from now and RS maybe £10k higher. A lot of the UK RHD RS’s have been exported to Asia which helps values.
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