A418t81

As already stated, won't tank. The 991 GT3 is an absolutely sensational machine. Those that are waiting, don't drive one ahead of time. You'll make an emotional decision on the spot. There's a reason that they have held their value so well, and it's not just GT car mania.

DrJupeman

The car is insane.

STG

Why is this the only forum so OBSESSED with prices?? New, resale, depreciation, mark ups??

Nobody on the 991 board ever stresses out about deprecation. The street Carrera's lose $10K as soon as you drive off the lot. One year and 12K miles? $25K gone. But still, no complaints.

I really think if the speculators and guys buying them as perceived savings accounts weren't in the game, there would be enough cars for every enthusiast to get one at MSRP.

GrantG

I think there are no complaints there, because nobody who can stomach $25k depreciation (plus sales tax and high first-year license cost) in one year joins that club.

It used to be that a garden variety Carrera was a fairly safe financial expenditure (not to make money, just not lose one's shirt). That all changed in 1998 with the change to water-cooling. Before then, a 993 C2 and earlier held a very high portion of its value. Now someone who is sensitive to large losses and wants a new car has to choose a GT or limited model.

Guest89

991.2 will be hard to get, people will hold out for manuals (they will be bid up higher than PDK regardless of initial pricing), dealers will gouge, etc. I plan to sit out the next iteration, just no point in vaporizing $40k (or more, just my guess) to get a slightly tweaked car. If I were to spend that much money I'd just go McLaren.

neanicu

If one lives in the real world and had acknowledged that Porsche has dumped a lot of 991 GT3s and RSs,then they will have no trouble realizing Porsche will make even more 991.2 GT3s and RSs. There is no question about that! There is no ifs or buts! There will be plenty allocations,manual transmission or not. You'd have to be leaving under a rock not to be able to get one! Just get your name on a list and wait,be patient. It is not too late to do that even now. Don't worry if your dealer tells you that you're no 30 on that list. They are in the business of friendly misleading you so they can take your money legally.

Regarding whether the 991 GT3 prices will tank,I don't think so. But there are many market experts on this forum. It seems that's all they're into these days...

DerStig

Tank? I dont know. But I can tell you they are already going down. Have you checked cars.com or other sites lately?

Of the 149 GT3s available in the used car market, 120 of them are 991s. The rest is scattered across 996,997.1, and 997.2.

120 GT3s... To put things in perspective, I think thats around 5-7% of all GT3s (991) produced? Thats a lot. A few months ago that number was around 30-35. Majority of these cars have 800-2500 miles (practically new) and around 145-155k sale price.

That tells me two things:

- Market for GT3s is softening
- 991 may not be what 997 was used car value wise.

I should also add that even the 997 market has been softening. I am watching 997.2s popping up here and there for 105-115. Those cars would go for 35-40k more 1-2 years ago.

Lastly, if you expect a 991 forum which probably consist of lots of people who spent 150-200k for their GT3 to tell you the prices of these cars will "tank", you are wasting time. I dont see the point of this thread because you will never get realistic advice/opinion here. It will be highly subjective.

rosenbergendo

997.1 and .2 Gt3 have been trending down. 991 GT3 glut is due to almost equal amount of RS being produced and many GT3 people right now jumping into an RS.

DerStig

Also want to add that Porsche will be producing more GT3s than this market will be able to absorb. Think about it for a second. When 996 GT3 was conceived and then 997.1 came out, the world was a different place. High revving flat 6, small nimble car, unique look. That was a unique recipe, it was a first. Then came 997.2, and 991.1. Next will be 991.2.

What I think is this is a close community that doesnt really "recruit" lots of new members. These people who move from base to Rs to pdk base back to 997 rs is the same set of people. The fact that there is some 120 GT3s in the used car market might be a sign that there is just too many of them.

Think for a second before you reject the idea. Most of you guys have a different heritage/background. GT3 is in your DNA. The rate of Porsche coming up with new models and producing new cars far exceed the rate of this market adding new buyers. I think with the introduction of 991.2, GT3 will be "too mainstream" and easily accessible. I dont see 997s holding their value and I certainly dont see a PDK GT3 (991.1) selling anywhere near MSRP in the used car market.

There will be a new naturally aspirated, stick shift, high revving, big aero GT3. There will always be nostalgia for 997.2, but it will no longer be the only Porsche to rev to 8500 and have stick shift. As for this generation, 991.1, many current PDKers will ditch it for the new car because it has the next best thing.

This is not so bad because it will allow not so rich/mid to upper class people to be able to afford these cars. There is always a positive to every negative

And I will say one more thing. This is exactly what Porsche wants. They could care less how much your 991 is worth in the used car market. They want you to buy new Porsches not old ones. The more new cars they sell the better it is for them. From a marketing strategy, their previous gen cars having a strong used car market means less new car sales.

Just in time

The market is a fickle thing. Sure prices will soften but tank...I don't think so. Who knows what may happen when the 991.2 hits the market. Will that version be deemed a quantum leap over the .1? Will the new car rev to 9k? Heck 8600k? At that time others will swoop specially if the collectors decide that this car is unusual enough... there may be a pick up. I do not believe the availability of a MT in the .2 will affect prices but a 4L revving to 8800 may.

If we all knew where the market is going we would not be sitting here speculating.

DerStig

Thats not entirely accurate. It does rev to 9000, but it does have oiling issues. In terms of pure % of final production figures, this car probably has the most number of engine failures I have seen to date. Porsche is reducing the redline for a reason, not because they want to make 991.1 more valuable but because they want to make the new car more reliable. Once the engine failures reach and exceed a certain threshold, it will be just like S65 M3 rod bearing failure. I am still not completely sold on the longevity of the G series (2016) engines. We all know 997 is rock solid, but we dont know that for this car yet.

I am not saying you are entirely wrong, but you need to consider the other side of the story as well.

carz80am

GT3 prices will come down a little, nothing crazy for a while. When the new gt3 comes out, everyone who wants one isn't going to get one.

nwGTS

I have to agree. Porsche kept the flagships scarce as a nod to their core VIPs and those flagships USED to be the (997) GT3/RS/4.0.
Now it's the 918 and 911R. The (991) GT3/RS are second tier. As long as the flagships are still limited, the rest of the lineup should be produced to meet demand. So, yeah I wouldn't see scarcity with the 991.2 GT3. Which means the 991.1 will drop, but certainly wouldn't 'tank'. And it will sit in line with the GT3 lineup in pricing 997.1->997.2->991.1->991.2.

However, I don't see 997.1 or 997.2 GT3 prices changing much if at all which will float 991.1 prices too.

Alan Smithee

Future prices will be determined by the economy, period. If the economy tanks, so will the prices of Porsches. As long as home values continue upward and interest rates stay low, discretionary spending will be high, with more demand than supply for GT3s and other luxury goods, keeping prices of them high.

Has nothing to do with red line being 9,000, 8,800, or 8,600.

Bloose993TT

Get out while the market is hot.