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Will 991.1 GT3 Prices Tank?

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Old 01-24-2017, 11:55 AM
  #346  
Guest89
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Originally Posted by Waxer
Bingo. What Cigar do you smoke? Its on me.
Hey if you're buying cigars I'll take a box of Opus X Perfecxion No. 2. - I'm starting to run low.
Old 01-24-2017, 12:43 PM
  #347  
Waxer
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Originally Posted by Guest89
Hey if you're buying cigars I'll take a box of Opus X Perfecxion No. 2. - I'm starting to run low.
I said "a cigar" not a box.

However, I'll buy you a cigar and you buy a round of Southern Comfort on the rocks.
Old 01-24-2017, 12:56 PM
  #348  
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Originally Posted by Waxer
I said "a cigar" not a box.

However, I'll buy you a cigar and you buy a round of Southern Comfort on the rocks.
I plan to bring a dozen or so with me to Daytona.
Old 01-24-2017, 01:31 PM
  #349  
rosenbergendo
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Originally Posted by Guest89
I plan to bring a dozen or so with me to Daytona.
In on both!
Old 01-24-2017, 02:25 PM
  #350  
Waxer
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Originally Posted by Guest89
I plan to bring a dozen or so with me to Daytona.
I don't smoke but I'll try one. Last time I smoked a cigar my wife said I turned green. Maybe it was Viper Green?
Old 01-24-2017, 03:15 PM
  #351  
Archimedes
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Originally Posted by Manifold
I suspect that everyone who wants one will get one. This isn't a numbered limited edition car.
But it is going to be in very high demand with limited allocations. While I wait for my dealer to confirm, I've started calling dealers. Two so far, both have a list so long they aren't taking any more deposits anymore because they know nobody else will get a car from them.
Old 01-24-2017, 03:20 PM
  #352  
Manifold
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Originally Posted by Archimedes
But it is going to be in very high demand with limited allocations. While I wait for my dealer to confirm, I've started calling dealers. Two so far, both have a list so long they aren't taking any more deposits anymore because they know nobody else will get a car from them.
SOP for Porsche seems to be to dole out the allocations in small batches, to maintain the perception of scarcity. That motivates people to grab the car when the opportunity arises and pay full MSRP or greater (good for dealers), while closely matching supply to demand. The 991.1 GT3 seemed scarce, but I don't know anyone who wanted one and was unable to eventually get it during the period they were making them.

I suggest that you get your name on a list with a dealer likely to get a decent number of allocations, be patient, and don't pay over MSRP.
Old 01-24-2017, 03:29 PM
  #353  
bluehorseshoe
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No way they tank because it's such a desirable all-around package. Problem is that they are asking too much for them now so they will invariably come down quite a bit but certainly not "tank."
Old 01-24-2017, 04:35 PM
  #354  
ace37
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Originally Posted by Waxer
Bingo. What Cigar do you smoke? Its on me.

BTW paid $20K over list about year ago on a $210K msrp car. Great buy then. Decent buy even today. Value tomorrow. Don't know. But spent my money on RS as opposed to Mac eventhough loved both because RS historically holds value better. No guarantees though.

Cars not investments. You buy a car because you love it and it moves your soul. If its one that has great resale all the better.

Lucked out with FGT worth alot more now than what I paid. Alot.

Boss LS. Enjoy it. Have owned other Bosses. Great little car. Love Boss 302 history and lore. Will Boss be a "collectible". Yeah. I think so. Do I care.Yeah sort of but main reason of ownership is enjoyment of the car itself.

Bought two. One to show and shine. One to track. Hard to beat them as far as bang for the buck.
I don't smoke or even drink but I do appreciate the gesture

The FGT is one of my favorites from childhood. I really do wish the new one had come in closer to expectation so I could have ordered one. (aluminum construction, V8, ~$200k, a bit more production). Of course, you're definitely benefiting from the direction they took!
Old 01-24-2017, 04:44 PM
  #355  
destaccado
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I think there's gonna be a massive drop on the standard 991.1 GT3. The RS will probably be a different story unless a naturally-aspirated replacement is eventually announced.

The new car appears to be better in every way. More reliable, more powerful, larger (most likely) engine with a new car warranty.

Would there really be any reason not to upgrade besides cost? Quite frankly I had/have zero interest in the 991.1 GT3 and am super excited about the .2

It appears the car will finally have a race proven motor with a gearbox option for everyone.

If the only reason to buy the older model is cost, the only thing that can save the .1 resale values is a steep price increase on the .2 or complete lack of availability.
Old 01-24-2017, 05:12 PM
  #356  
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I doubt there will be a massive drop in the 991.1 GT3, but I do expect prices to soften a bit, depending on a few factors.

1. How much will the new GT3's be selling for?
2. How easy are they to get?
3. What is the max RPM for the new one?
4. What issues come up with the new one?
5. What does the overall economy do?

Also, what prices do today doesn't necessarily mean anything down the road. Ask people on this forum who sold cars in the past, only to see the prices shoot up years down the road. You couldn't see it then, but now it seems obvious. One day soon the 991 GT3's may be the last of the breed, as turbo's and hybrid technology make these cars the last true GT3 cars. Or maybe the 9k 991.1 GT3 becomes that rare car that everyone wants one day. Who knows.

This car was never an investment for me. I just don't look at cars that way. The real investment cars are the ones you don't drive. That isn't happening. I buy them to drive and keep them. I'll be shocked if I don't have this car in 10 years. I surely hope I do.
Old 01-24-2017, 05:22 PM
  #357  
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Originally Posted by Manifold
SOP for Porsche seems to be to dole out the allocations in small batches, to maintain the perception of scarcity. That motivates people to grab the car when the opportunity arises and pay full MSRP or greater (good for dealers), while closely matching supply to demand. The 991.1 GT3 seemed scarce, but I don't know anyone who wanted one and was unable to eventually get it during the period they were making them.

I suggest that you get your name on a list with a dealer likely to get a decent number of allocations, be patient, and don't pay over MSRP.
I hope you're right, but that wasn't how I recall it went with the .1, as evidenced by how nuts the used market still is on that car, and I think they hype for this one will be an order of magnitude higher than the .1. I'm working my way down a list of dealers. So far all I'm hearing is 'our list is already way longer than the allocations we're gonna get, so we're not even taking deposits anymore'. A lot of dealers left to call though.
Old 01-24-2017, 05:32 PM
  #358  
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By summer 2018 I presume all GT3s (not RSs) to decrease ~10% from where they are now.

997.1s can be had in the $90k-$100k range

997.2s around $110k-$115k

991.1s in the $120k range

All with decent (not super high) miles. 996s may have bottomed out.

The gap in price between 991.1 and 991.2 will be significant enough (~$25k) for people to buy the 991.1 (especially if they don't feel like waiting)
Old 01-24-2017, 05:33 PM
  #359  
Waxer
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Each gen is better than the last. Nothing new here.

New GT3.2 likely $15k more msrp. Add $10k adms at least. Add allocation bottle neck. .1 GT3 values will not be affected greatly mho.
Old 01-24-2017, 09:08 PM
  #360  
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Originally Posted by RyanSD
Your username is so familiar, did you buy a 2011 E92 M3 zcp from me back in 2011? We met in San Diego
Yeah, the white 2011 M3 ZCP with like 6k miles? That was me.


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