Will 991.1 GT3 Prices Tank?
#47
Race Car
I won't even consider PDK out of warranty on a regular Carrera. Last I checked if a repair is needed it requires Porsche requires the entire unit replaced at $14,000 USD
Last edited by Para82; 08-03-2016 at 10:32 AM.
#48
I dont see anyone owning 2014 or 2015 cars out of warranty. I swear to god if I was given a GT3 in those model years out of warranty 50% off MSRP, I wouldnt own one. This is not an exaggaration. Its not a car you baby, its a car you drive the hell out of and I for one redline my cars multiple times a day. We'll see how well 2016 engines go reliability wise. I think they may have improved things but I think car may need a major engine redesign (aka 991.2) to totally cure the issue. Same thing happened with rod bearing issues and the last gen M3. Its tough to correct issues resulting from a design error mid cycle, especially when its the engine. Call me crazy but I think there may be a correlation between the 120 GT3s in the used car market and the raise in "engine blew" threads here in the last 3-6 months. What will cure this is if Porsche gives lifetime warranty for this specific type or failure (not sure how they could differentiate a regular engine failur from a failure due to lack of oiling). I dont see them doing this because its tough to come up with an exact definition and prevent abuse (of warranty coverage).
It is exactly because of posts like these on rennlist that owners now think
A. their cars should never depreciate
B. their car is going to break, so they should drive sparingly, or sell before it breaks (see A)
#49
Race Director
The 991 GT3 is such a great car but just a darn shame with the engine issues that have been since day 1 - and they are still present. I would never want to own this car out of warranty. It will be interesting to see if there will be 2-4 year extended warranties offered thru Porsche or a secondary party, for purchase, and, if so, how much will it cost. I moved my car when the opportunity was there but I wish I never felt I had to. It is just like a stock when you fall in love with it - you got to take the emotion out of it and decide when to cut it loose before it costs you too much.
#50
Rennlist Member
The 991 GT3 is such a great car but just a darn shame with the engine issues that have been since day 1 - and they are still present. I would never want to own this car out of warranty. It will be interesting to see if there will be 2-4 year extended warranties offered thru Porsche or a secondary party, for purchase, and, if so, how much will it cost. I moved my car when the opportunity was there but I wish I never felt I had to. It is just like a stock when you fall in love with it - you got to take the emotion out of it and decide when to cut it loose before it costs you too much.
#51
Rennlist Member
I dont see anyone owning 2014 or 2015 cars out of warranty. I swear to god if I was given a GT3 in those model years out of warranty 50% off MSRP, I wouldnt own one. This is not an exaggaration. Its not a car you baby, its a car you drive the hell out of and I for one redline my cars multiple times a day. We'll see how well 2016 engines go reliability wise. I think they may have improved things but I think car may need a major engine redesign (aka 991.2) to totally cure the issue. Same thing happened with rod bearing issues and the last gen M3. Its tough to correct issues resulting from a design error mid cycle, especially when its the engine. Call me crazy but I think there may be a correlation between the 120 GT3s in the used car market and the raise in "engine blew" threads here in the last 3-6 months. What will cure this is if Porsche gives lifetime warranty for this specific type or failure (not sure how they could differentiate a regular engine failur from a failure due to lack of oiling). I dont see them doing this because its tough to come up with an exact definition and prevent abuse (of warranty coverage).
Then again if someone comes up with a proven solution/remedy maybe 9000 rpm screamer becomes the one to have and 991.2 owners have to wait nervously hoping PAG fixed the problem 4th time around!
#53
Race Director
#54
Rennlist Member
Sure but for most owners there are many years before warranty runs our and becomes and issue. I consider myself to be one of the most informed on the issue but I didnt run for the door 15 months ago when I knew there was an issue and I use the car mostly on the track. Its such a great car what would I replace it with. In 2 years time 6 months before warranty expiry, if a steadfast solution hasn't been invented yet I may consider otherwise...
#56
Haven't been on the forum for a few weeks. Been out driving and enjoying life. A couple of track days, some great touring, some nice B&Bs and one amazing weekend with GT3 owning friends. We've seen and driven some amazing cars including our own, immersed ourselves in car and broader culture, spent some quality time with friends and family. Lost the ability to write with correct grammar. Return to the forum...and the same basic conversation is taking place about value. Not values, but value. Prices. It's a car, folks. For some of you it's multiple cars! We have way less lucre than many but sometimes I think maybe we are having more fun with the cars. Put down the iPads. Throw the keyboards out the window. Fill the beast(s) with fuel and go for a long drive. That's where the value is. That value doesn't tank. En I see you all out on the road enjoying yourselves never once do I think "I wonder what the value of that car is?" but I do think "I know they are having fun."
And the value of this post is less than two cents, I freely admit.
And the value of this post is less than two cents, I freely admit.
#58
Nordschleife Master
Haven't been on the forum for a few weeks. Been out driving and enjoying life. A couple of track days, some great touring, some nice B&Bs and one amazing weekend with GT3 owning friends. We've seen and driven some amazing cars including our own, immersed ourselves in car and broader culture, spent some quality time with friends and family. Lost the ability to write with correct grammar. Return to the forum...and the same basic conversation is taking place about value. Not values, but value. Prices. It's a car, folks. For some of you it's multiple cars! We have way less lucre than many but sometimes I think maybe we are having more fun with the cars. Put down the iPads. Throw the keyboards out the window. Fill the beast(s) with fuel and go for a long drive. That's where the value is. That value doesn't tank. En I see you all out on the road enjoying yourselves never once do I think "I wonder what the value of that car is?" but I do think "I know they are having fun."
And the value of this post is less than two cents, I freely admit.
And the value of this post is less than two cents, I freely admit.