Will 997 GT3 cost more than 991.1 GT3 5 years from now???
#32
I suggest you guys search cars.com for all 911 models with GT3 trim and see how many 997.1, 997.2, and 991.1 GT3s are there, how much are they being sold for with respect to the original msrp. I am seeing as much as 20% discounts on 991.1 vs 0 to 5% discount on older models with similar mileages. Note, I am comparing % discounts on original MSRP. I suspect as 991.2 becomes more and more available and ADMs die off, the 991.1 market will take even a deeper dive. Reality is, there are just so many 991.1s vs 997 cars. Porsche made too many of them (same with RS). All those people who will be jumping to .2 will saturate the market.
And if the long overdue recession finally hits which we all know will eventually hit and the longer it is delayed the worse the magnitude, then thats even a worse hit on sports car market.
And if the long overdue recession finally hits which we all know will eventually hit and the longer it is delayed the worse the magnitude, then thats even a worse hit on sports car market.
#33
997 gt3 non-rs will not jump in price but will probably just hold steady in the 90-120k range forever. _maybe_ it will track inflation if we're lucky.
personally i don't care, i bought mine to keep until i die. maybe trade up to an RS if an amazing opportunity presents itself, or do a 4.0 rebuild.
sold my first one and it was the only car i regretted selling so much that i bought another one.
p.s. autonomous cars are nowhere near prime time, won't happen for another 20 years, THEN another 20-30 years to ban ICE and non-autonomous cars.
20 years ago was 1997. think about a pentium 75 or a 486dx. that's where we are in autonomous cars right now.
personally i don't care, i bought mine to keep until i die. maybe trade up to an RS if an amazing opportunity presents itself, or do a 4.0 rebuild.
sold my first one and it was the only car i regretted selling so much that i bought another one.
p.s. autonomous cars are nowhere near prime time, won't happen for another 20 years, THEN another 20-30 years to ban ICE and non-autonomous cars.
20 years ago was 1997. think about a pentium 75 or a 486dx. that's where we are in autonomous cars right now.
#34
I don't think that he is making a purchase decision based off of this, but this is an interesting topic to some of us. I am interested and won't be purchasing a 991.1 regardless of what the keyboard warriors think. Sometimes people forget that forums are a place for people to talk and exchange ideas.
#35
In 1994 I had a Pentium 60 with 40mb RAM (2x16mb and 2x4mb). It was a freaking beast. It did 99% of what a cutting edge pc can do today. Today's CPUs are needed because software became morbidly bloated. So not sure if that's an entirely good analogy...
#36
Three Wheelin'
Technology ramps up quicker these days and it's coming sooner then we expect. We're the minority here when it comes to manual driven cars.
https://www.forbes.com/sites/olivier.../#4b978f0d7e50
"Once the first self-driving cars go on sale, who will want to buy an obsolete manual driving one? It would be like eschewing a push button telephone in favor of one with a rotary dial. Who would do that?"
This is our future right here!
https://www.forbes.com/sites/olivier.../#4b978f0d7e50
"Once the first self-driving cars go on sale, who will want to buy an obsolete manual driving one? It would be like eschewing a push button telephone in favor of one with a rotary dial. Who would do that?"
This is our future right here!
#37
Drifting
Join Date: Aug 2015
Location: Toronto - Exuma - Montego Bay
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Autonomous vehicles are no more than 5 years out... once they make their debut it will be a sh*t storm of competition.. Tech is coming along at a destructive rate and we will see the change happen quickly as the younger generations welcome it.
The cars that we cherish will be long forgotten with little care or regard for the good ol'days..
The cars that we cherish will be long forgotten with little care or regard for the good ol'days..
#38
Three Wheelin'
Originally Posted by rick brooklyn
In 1994 I had a Pentium 60 with 40mb RAM (2x16mb and 2x4mb). It was a freaking beast. It did 99% of what a cutting edge pc can do today. Today's CPUs are needed because software became morbidly bloated. So not sure if that's an entirely good analogy...
There is an analogy for cars there for sure.
#39
are you really saying that Porsche should have far less GT cars to allow for owners to enjoy larger premiums and cause a bigger fight over allocations than it already is? The 996 and 997 gt3s, even the RS all depreciated in their day after all. Making cars that appreciate shouldn't be Porsche priority in making the GT cars but rather to fulfill as many orders for people who want them.
#40
@ isv
Do you think falling 991 GT prices will affect 997.2 RS prices too?
For me its a different market und different car...
Do you think falling 991 GT prices will affect 997.2 RS prices too?
For me its a different market und different car...
#41
Too right. There must be a law that says software bloats to make up for all processor improvements. A Pentium 60 could do millions of calculations per second. God knows what they can do now but a windows update still takes several minutes. How many calculations is that????? Do I need updates? I make that ONE.
There is an analogy for cars there for sure.
There is an analogy for cars there for sure.
Kinda messy, use as a rough draft and credit me on the wiki please.
#42
In the immediate future yes, major falls in the 991RS will imo affect the 7.2. Longer term ie 5+ years no, as you say they are different cars appealing to different people.
#44
Three Wheelin'
I suggest you guys search cars.com for all 911 models with GT3 trim and see how many 997.1, 997.2, and 991.1 GT3s are there, how much are they being sold for with respect to the original msrp. I am seeing as much as 20% discounts on 991.1 vs 0 to 5% discount on older models with similar mileages. Note, I am comparing % discounts on original MSRP. I suspect as 991.2 becomes more and more available and ADMs die off, the 991.1 market will take even a deeper dive. Reality is, there are just so many 991.1s vs 997 cars. Porsche made too many of them (same with RS). All those people who will be jumping to .2 will saturate the market.
And if the long overdue recession finally hits which we all know will eventually hit and the longer it is delayed the worse the magnitude, then thats even a worse hit on sports car market.
And if the long overdue recession finally hits which we all know will eventually hit and the longer it is delayed the worse the magnitude, then thats even a worse hit on sports car market.
I've been in the market for some time now and those prices are due to cars going across the nation from one dealership to another dealership. When they land, they get detailed, re-listed and up goes the price and tack on another owner on the Carfax.
I think all GT3's (non RS and RS 4.0) are going to a be priced accordingly with some outliers: 996<997.1<997.2<991.1. The 10 yr engine warranty on the 991.1 will help stabilize their value.
#45
Technology ramps up quicker these days and it's coming sooner then we expect. We're the minority here when it comes to manual driven cars.
https://www.forbes.com/sites/olivier.../#4b978f0d7e50
"Once the first self-driving cars go on sale, who will want to buy an obsolete manual driving one? It would be like eschewing a push button telephone in favor of one with a rotary dial. Who would do that?"
This is our future right here!
https://www.forbes.com/sites/olivier.../#4b978f0d7e50
"Once the first self-driving cars go on sale, who will want to buy an obsolete manual driving one? It would be like eschewing a push button telephone in favor of one with a rotary dial. Who would do that?"
This is our future right here!
Last edited by Freddie Two Bs; 10-17-2017 at 09:02 PM.