The market seem to have been flooded with the 991 RS

The market seem to have been flooded with the 991 RS

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Porsche911R

Original Poster:

21,146 posts

266 months

Wednesday 20th September 2017
quotequote all
Any one noticed the mega amount of 991 RS on the market this last few weeks ?

>32 cars from about 6 or 7

I see JZM have kicked off the price war of a RHD car at £195k




Porsche911R

Original Poster:

21,146 posts

266 months

Wednesday 20th September 2017
quotequote all
delays said:
All linked to interest rates.

Slightest sniff off a rise and cash (rather than assets) starts to become more attractive.
if we get a rise it will be 1/4 of 1 % not sure what that has to do with the car market.

when it's 6% maybe not 0.75% lol and that won't happen due to the housing market issue.

Porsche911R

Original Poster:

21,146 posts

266 months

Thursday 28th September 2017
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Fokker said:
<<< This... The market is absolutely not built on sentiment and no substance this time around. Its build on fairly good foundations hence I don't think we're in for a complete fall from grace. As has previously been said, if anything, it'll soften a bit as its doing, gradually, allowing people to make measured decisions and not throw in the towel over a BBC news headline.

Also as we're talking values here, 195K for a 991 RS is hardly seeing the bottom fall out. The new price was, you'll be surprised here...... £131,296 so with a bit of spec, say 15k you had an excellent car at under 150k on your drive. £200k still represents a £50,000 profit and that's about the cheapest one on the market. Cardiff have just sold the black one they had which was the most expensive one on the market at £229,000. This thread is a bit of a nonsense in my book...
my thread was about the amount of RS on the market all of a sudden. Time for the people to cash in before they drop.

none of these cars seem to be going to the right people. ie people who use them, it's all for money which is a shame.

Not blaming anyone as if I got every model and made £50k on every one it's beats working for a living. But all I see on here is the same people getting every rare car time and time again. it's like a big boys club with a lot of TAX free money changing hands.

Porsche911R

Original Poster:

21,146 posts

266 months

Thursday 5th October 2017
quotequote all
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.