Randy M

Time and technology marches on. No manual option will prevent some from trading up but imo most will want the latest and greatest. Yeah it doesn't have the MT, but it's got that 9K redline, more horses, rear steering. When the mags get a hold of it they will likely have glowing reviews and that's when I think the 997's will take a hit in value as they will say just how much better the new one is and why.

Far more often than not when a new model is revealed the old one takes an immediate hit. The only example that I can think where this was not so is when the 996 was revealed with it's fried egg headlights and smashed marshmallow interior. Porsche did the 993 guys a favor with that one.

Medicopter

I think it is all about the motor and I simple love the Mezger engine in my RS.

Mvez

I disagree, unlike the 997.2 GT3/RS, where everybody ditched their 996 and 997.1 to get it, many more 997 GT3 owners will keep theirs. It's a paradigm shift in philosophy.

Honestly, I don't care what happens to the value of my car. It's not bubble wrapped in my garage, it's getting beat on at the track every month, where it belongs.

tcsracing1

Of course 997 prices will go down as all older models do.
However, Consider that 997 Porsches look and drive great and are basic analog when compared to the new 991 i think they will become great values in the used market. They are the last of the small wheel base water cooled cars.

The GT3 examples will hold their value in time once people realize that they are last of manual transmission, motorsport derived driver's 911. Especially the low production models.

I enjoy my 993 C4S for daily commutes and i may consider replacing it with a 997 C4S if the prices become attractive. 997 will have a special place in the 911 community.

alexb76

It will go down as it's one model older, BUT, it will retain its value more than previous gens, as the new one is totally different, PDK, not Metzger, 4-wheel steering, electric steering, heavier, etc... overall, the new car is not yet proven track worthy. PDK might break down quite a bit, leading to heavy repair costs that may or may not be covered by Porsche... 4-wheel steering might be a headache for maintenance, and finally the engine could totally be unreliable for track days.

So, it may actually be the opposite!

pissedpuppy

yes. there aren't really any collector GT3s....too mnay in numbers

they're for driving, they're not investments

stevecolletti

Short-term - likely. Long-term, I think it will bottom out at a higher amount than I expected (prior to 991 'GT3') before moving back up - a trend followed by most older, special 911s.

DJN

Hi ALL,

I have been tracking pricing in detail for all GT3's 996, 997.1 and 997.2 both non RS and RS here in Canada since the beginning of the year as I am selling my Canadain spec 997.2 GT3. Note our market is very small and certainly different than our friends State-side.

It was extremely interesting to see a couple trends:

1) Prices (even on the some of same cars for sale) have started to go up slightly as spring approaches.

2) Several newly for sale cars appeared on the used car sites this week (as the 991 GT3 appeared) with very healthly prices.

I believe that the significantly higher pricing of the 991 series and the lack of a manual transmission option for the 991 GT3 will undoubtibly hold 997.1 and 997.2 GT3/RS pricing at current levels or even spike at little until the new 991 GT3 hits the tarmac in North America.

Just my cents!
Doug N

rosenbergendo

Guaranteed to go up. The end of a generation. All GT3/RS/4.0 probably will spike and might settle a little but will definitely not depreciate like any prior models. Just look at what the delta on for sale cars have done in the past 3 months since the PDK "cat was let out of the bag". I know for me I will not part with my '11 GT3 but........might just add an RS or 991.2 GT3 in a few years. But, I will be keeping the manual tranny Metzger for a long time.

Yargk

It's a testament to the GT3 that they hold their value so well in the years that Porsche doesn't make a new one, but yes, when a new car comes out, they will take a hit.

zirrah

Probably. But I think for real enthusiasts (read, not the cars and coffee crowd) the lure of a 6 speed manual will keep values high.

Petevb

When the 991 starts to come here in numbers prices for 997s will inevitably go down. The new car will have both much more performance (the base GT3 will be nearly 2 second per lap faster than the 997 GT2 or GT3 RS 3.8) and will be more comfortable/ usable a road car. Thus is will be technically much "better", and this package will attract enough 997 owners that the 997 prices will drop for a time. The drop will stabilize sooner than many other Porsche's due to lingering fondness for an "old school" analog experience the 997 gives a bit more of.

The prices the 997s eventually settle at will depend on if the 991 RS, etc are eventually offered with a manual option- if they are, the 997s will drop further than if no manual is ever offered in any form.

$.02

Yargk

To be more specific, I think the prices move lock step down through the years. Don't get me wrong, the 7.2 RS is fantastic, but come Nov, the 1.1 gt3 will be faster on track, and a faster rocket on the streets. The difference in performance will be exaggerated because it will be much faster in the hands of amateurs due to PDK. So 7.2 RS prices will take a hit. Then 7.2 3s and 7.1 rs's and 7.1 3s will take a hit because they can't hold their values against a cheaper 7.2 rs etc.... The older the car, the less hit it will take because prices will compress as well (model deltas will shrink a bit). If they didn't we'd have negative prices eventually

Petevb

But both the 993 being worth much more than the 996 and the early longhood cars being worth much more than the later impact bumper cars contradict this. There are many examples where newer does not equal more expensive?

Yargk

Yeah, but the 991 GT3 looks good I totally understand regular 993s and 993 TTs having better values, put them next to early 996s and which one looks better? (Damn the 993 TT is gorgeous) Longhoods versus impact is the same story, but more so since they are classics by now. GT3s are sold on performance. I don't think PDK is enough to 'ruin' the car and I think enough people also think that so that the prices will reflect the performance difference. In fact many will see PDK as an improvement.

edit: It's not as if the 997s were completely analog. When considering the purchase of a 7.1, I realize I'd have to budget getting rid of the hole and the spasm to be happy.