992 GT3 Touring (Market Price)

[oo7ml]

I see 992 GT3’s are averaging £250k on Pistonheads now. There are 9 x for sale, but 0 x GT3 Tourings.

I’m hoping to find out next week if I get my allocation for a GT3 Touring. I’m also trying to convince myself how much I would be willing to pay ‘overs’ if I don’t get an allocation, however I’m quite rigid on the spec I want, as I want it to be a lifetime keeper, as I’m sure it will be the last NA GT3.

What price do you think the Tourings are likely to be on the market? £270k?

(and no… I’m not trying to gauge how much I could flip mine for… before some smart ass suggests so :-)

[Cheib]

The Touring will be expensive no doubt but there are two areas where the 992 GT3 moved the game on front end grip and aero. The latter is obviously not really relevant to the Touring and given the Touring is a road car and owners on here say the 992 GT3 is a bit harsher riding on road than the 991.2 is it really a better road car ?

Would I pay massive overs for a 992 GT3 Touring over a 991.2 GT3 Touring ? Not me and I suspect in time the market won’t see it that way either.

I can certainly see why someone would want a PDK Touring though which obv you can’t get in a 991.2.

[oo7ml]

Thanks.

Yes, I’ve opted for PDK as my older cars (including a 911) are manual and I prefer driving the older stuff if you’re looking for that rewarding feeling.

Yes, I’m not sure how much better the 992 variant is, and certainly someone like myself, who doesn’t track cars, wouldn’t likely feel the difference but I do prefer the look of the 992 Touring (apart from the front grill being the same as the body colour :-(

[Cheib]

PDK is probably the one to have as I suspect people that want a manual may prefer the 991.2 in the long run. PDK Touring's will be very rare.

[blueSL]

I have a 991.1 and a 991.2 manual and in some ways I prefer the older car, slightly narrower, a bit more overtly bonkers. I tried to get a 992 but as you say, up to a £100k premium. That’s not a game I’m going to play so I’m going to stick with what I have and Porsche lose me as a new car customer. The hissy fit is complete as I am also ducking out of dealer service in favour of an independent after some quite shocking experiences fixing the 991.2.

[Purple Man]

PDK touring with ceramic brakes, buckets seats and a good colour/spec will be the highest priced 992GT3 variant in my opinion.
But there maybe some low spec cars that will go at a cheaper price, I can never understand why people lucky enough to get on the list sometimes do not put any extras on the car.
Last year I went to look at a 991.2 touring for sale, it had steel brakes the plastic dash and very little else in options. I had to walk away, because no matter how good it drives it felt very cheap sat inside it.

[AMTony]

Why is it that Porsche don’t want GT models to be flipped and yet last time I looked, all the GT cars are for sale by Porsche dealers.

Something doesn’t add up?

[av185]

AMTony said:

Why is it that Porsche don’t want GT models to be flipped and yet last time I looked, all the GT cars are for sale by Porsche dealers.

Something doesn’t add up?

Porsche GB don't really but OPCs are generally in favour and for obvious reasons.

There is an argument saying Porsche actually encourage flipping as they have done nothing to stop it even though it would be relatively easy. They likely see it as great branding.

[AMTony]

av185 said:

AMTony said:

Why is it that Porsche don’t want GT models to be flipped and yet last time I looked, all the GT cars are for sale by Porsche dealers.

Something doesn’t add up?

Porsche GB don't really but OPCs are generally in favour and for obvious reasons.

There is an argument saying Porsche actually encourage flipping as they have done nothing to stop it even though it would be relatively easy. They likely see it as great branding.

I think that this will bite them in the bum eventually, especially as ICE cars are faded out. I certainly wouldn’t pay overs as the whole market is changing whether we like it or not.

Am seriously considering getting out of some of my cars, even some of my Classics that I have had for many years. Just can’t see a market for them in the long term.

Maybe I am panicking but who knows, nobody can predict the future! All i know right now is that paying an over inflated price for a car just doesn’t make financial sense to me.

[av185]

Would be surprised if allocations for 2022 will be known by next week most will come in December.

First 992 Touring could well be £325k I reckon.

Be an interesting one how many spec Tourings for the 992 having seen the premiums of the 991.2 Tourings over the winged 991.2s. Suspect this could be a much higher proportion even though there won't be anywhere near the same manuf numbers as the 991.2.

The fact you want a PDK really means you could only have a 992 of course. Alternative is a 991.1 or 991.2 winged the latter of which is widely regarded as the sweet spot pre gpf and in a few years time undoubtedly will be the model to have and one of the most desirable of contemporary GT3s. The other model of course being the 991.2 GT3 Touring.

[av185]

AMTony said:

av185 said:

AMTony said:

Why is it that Porsche don’t want GT models to be flipped and yet last time I looked, all the GT cars are for sale by Porsche dealers.

Something doesn’t add up?

Porsche GB don't really but OPCs are generally in favour and for obvious reasons.

There is an argument saying Porsche actually encourage flipping as they have done nothing to stop it even though it would be relatively easy. They likely see it as great branding.

I think that this will bite them in the bum eventually, especially as ICE cars are faded out. I certainly wouldn’t pay overs as the whole market is changing whether we like it or not.

Am seriously considering getting out of some of my cars, even some of my Classics that I have had for many years. Just can’t see a market for them in the long term.

Maybe I am panicking but who knows, nobody can predict the future! All i know right now is that paying an over inflated price for a car just doesn’t make financial sense to me.

Many including myself don't see the gradual phasing of ice cars having any detrimental affect on values. In fact the opposite could well be true and not just for niche marques like Porsche GTs but many vanilla ice cars too. Don't forget Porsche is investing heavily in alternative fuels for ice and they know the market better than most.

Many predicted the tanking of diesel car residuals following the 'dieselgate' scandal but exactly the opposite happened due to declining new diesel orders pushing up used prices due to restricted supply. Exactly the same is happening now across the used car market with 17% of used cars under 12months old selling at a premium price over list ££.

There will always be a demand for ice cars even though buyers will increasingly favour EV etc. And as the manufacturing numbers of new ice cars reduce the demand will increase so will their residuals ££ especially for niche and limited run models.

[AMTony]

av185 said:

AMTony said:

av185 said:

AMTony said:

Why is it that Porsche don’t want GT models to be flipped and yet last time I looked, all the GT cars are for sale by Porsche dealers.

Something doesn’t add up?

Porsche GB don't really but OPCs are generally in favour and for obvious reasons.

There is an argument saying Porsche actually encourage flipping as they have done nothing to stop it even though it would be relatively easy. They likely see it as great branding.

I think that this will bite them in the bum eventually, especially as ICE cars are faded out. I certainly wouldn’t pay overs as the whole market is changing whether we like it or not.

Am seriously considering getting out of some of my cars, even some of my Classics that I have had for many years. Just can’t see a market for them in the long term.

Maybe I am panicking but who knows, nobody can predict the future! All i know right now is that paying an over inflated price for a car just doesn’t make financial sense to me.

Many including myself don't see the gradual phasing of ice cars having any detrimental affect on values. In fact the opposite could well be true and not just for niche marques like Porsche GTs but many vanilla ice cars too. Don't forget Porsche is investing heavily in alternative fuels for ice and they know the market better than most.

Many predicted the tanking of diesel car residuals following the 'dieselgate' scandal but exactly the opposite happened due to declining new diesel orders pushing up used prices due to restricted supply. Exactly the same is happening now across the used car market with 17% of used cars under 12months old selling at a premium price over list ££.

There will always be a demand for ice cars even though buyers will increasingly favour EV etc. And as the manufacturing numbers of new ice cars reduce the demand will increase so will their residuals ££ especially for niche and limited run models.

Unfortunately I don’t share your optimism. Don’t get me wrong, i hope you are correct but just at this moment in time i have massive doubts. Speaking with many of my mates who also have some exotic machines, they are shifting their mindsets as well.

I suppose the more invested one is, the more that person would no doubt try to bend to suit their situation - not aimed you btw, just a generalisation. I too have some new cars on order but again, seriously considering cancelling as its looking like a pill I don’t want to swallow.

[bosshog]

AMTony said:

I think that this will bite them in the bum eventually, especially as ICE cars are faded out. I certainly wouldn’t pay overs as the whole market is changing whether we like it or not.

Am seriously considering getting out of some of my cars, even some of my Classics that I have had for many years. Just can’t see a market for them in the long term.

Maybe I am panicking but who knows, nobody can predict the future! All i know right now is that paying an over inflated price for a car just doesn’t make financial sense to me.

Its going to go wither way isn't it and it will be decided my government policy not car buyers. I think everyone (including me) is somewhat mild panicking thinking about getting the last/set of ICE cars to keep and run before all new cars are EV only. However it will be many many years until government tax ICE cars off the road (which is what they will no doubt do) as it disproportionally affects people on lower incomes who cannot afford new cars. So you need a least 10 years from the new ICE car ban to come into effect. So we've about 18 years of ICE driving. Honestly thats a long time and personally I think people will be moving on these 'last/set of ICE cars' long before that. For the low volume and high demand cars such as GT3 this will keep the prices high for a good length of time unless Porsche have a change of heart and start pumping more ICE versions out before 2030 but for the 'normal' cars values have got to drop and go back to normal given the head winds.

[Geoff39GL]

bosshog said:

AMTony said:

I think that this will bite them in the bum eventually, especially as ICE cars are faded out. I certainly wouldn’t pay overs as the whole market is changing whether we like it or not.

Am seriously considering getting out of some of my cars, even some of my Classics that I have had for many years. Just can’t see a market for them in the long term.

Maybe I am panicking but who knows, nobody can predict the future! All i know right now is that paying an over inflated price for a car just doesn’t make financial sense to me.

Its going to go wither way isn't it and it will be decided my government policy not car buyers. I think everyone (including me) is somewhat mild panicking thinking about getting the last/set of ICE cars to keep and run before all new cars are EV only. However it will be many many years until government tax ICE cars off the road (which is what they will no doubt do) as it disproportionally affects people on lower incomes who cannot afford new cars. So you need a least 10 years from the new ICE car ban to come into effect. So we've about 18 years of ICE driving. Honestly thats a long time and personally I think people will be moving on these 'last/set of ICE cars' long before that. For the low volume and high demand cars such as GT3 this will keep the prices high for a good length of time unless Porsche have a change of heart and start pumping more ICE versions out before 2030 but for the 'normal' cars values have got to drop and go back to normal given the head winds.

How do you think the speed limiter legislation when it comes into effect in 2024 will influence the whole situation for sports cars in general and Porsche.

[bosshog]

Geoff39GL said:

How do you think the speed limiter legislation when it comes into effect in 2024 will influence the whole situation for sports cars in general and Porsche.

Yeah who knows - really down to the individual that one. Definitely will put some off but I wager at least 95% will soon accept it. Personally having a max limit of 112 mph make zero difference for me. The annoying beeps however do, and we’ll just have to get used to turning them off at the same time you hit the sport button. However it’s a function of what’s wrong with most modern sports cars - you need to be a speed limits or above to get the excitement ( Porsche/euro regs I’m looking at you with your long gearing ). So you have a valid point. There’s definitely a percentage of us who pretty much feel we’ve hit the peak of ICE cars and it’s only downhill from here. So values for certain cars will hold strong. But the sports cars for the masses (M’s , standard 911s, RSS, Rs, etc) will depreciate as normal possibly . Plenty of people will happily jump from these to EVs they will have better straight line performance, latest tech, practical, looks cool etc - which a lot of the sport cars buyers care about (world wide). But I feel ‘we’ are very much in the minority so won’t have a massive effect except for those low volume great cars .

[Juno]

AMTony said:

av185 said:

AMTony said:

Why is it that Porsche don’t want GT models to be flipped and yet last time I looked, all the GT cars are for sale by Porsche dealers.

Something doesn’t add up?

Porsche GB don't really but OPCs are generally in favour and for obvious reasons.

There is an argument saying Porsche actually encourage flipping as they have done nothing to stop it even though it would be relatively easy. They likely see it as great branding.

I think that this will bite them in the bum eventually, especially as ICE cars are faded out. I certainly wouldn’t pay overs as the whole market is changing whether we like it or not.

Am seriously considering getting out of some of my cars, even some of my Classics that I have had for many years. Just can’t see a market for them in the long term.

Maybe I am panicking but who knows, nobody can predict the future! All i know right now is that paying an over inflated price for a car just doesn’t make financial sense to me.

Same here,agreed!