HardHitter

A little background on me. I had 2012 Mazdaspeed3 as my daily and a 2007 911 Turbo for my weekend. I sold both and ended up getting a RS7 for my new daily. As much as I love the stupid amounts of power, the driving thrill/experience isn't there and I want a weekend toy again. I realized I don't need all this power because there rarely are any roads around here that like you use it. So then I thought, 718 Cayman GTS should be the perfect mix. Went to test drive it and thought it had OK power and was able to push it a little in the looping on-ramp turns but nothing was really opened up in the mountains. Dealership then told me to test drive a 2015 GT3.

I don't know if it is truly the way the car is setup or just because I knew it was a track focused car, I pushed it a little harder in the corners and seemed like it didn't flinch. I'm now debating on going into a GT3 but then that opens up a ton of different cars in that price range I never considered.

Anyway, how many of you are daily driving your GT3? How do you project these cars holding their value? Let's just say a 2015 with 16k miles at $135 now. My guess is about 3-4000 miles a year put on it. What are the key issues with this car that I need to inspect for?

RossP

I think your value of 135k is a little high (depending on spec) and I dont see 991.1 GT3s going anywhere but down in value, regardless of mileage.

HardHitter

That $135K quote was the cost of a 2015 GT3 ($155K MSRP) with 16K miles a dealership is trying to sell for. I would think if you're just looking to drive the GT3 for "free" getting one for the low to mid $120s would do that?

fast1

I don't own a GT3 but my brother does, but it's not his DD. He has an Audi S8 which he uses as his DD. My brother puts around 2K miles a year on his GT3, and it has been bulletproof. No problems other than scheduled maintenance. I've never bought a used car but if I did, I'd check the same thing on a GT3, that I would on any used car: tires, battery, and of course a close scrutiny of its maintenance records. From an aesthetic perspective, I'd check the front spoiler for damage. Don't know how important that is for you, bu chances are that it has been scraped a few times.
Although I only have around a 100 miles behind the wheel of a GT3, I use to own a 991GTS, and between the two cars, I'd definitely prefer the GTS over the GT3 as a DD. My suggestion would be to give the GTS a test drive before you decide on the GT3.
As far as depreciation is concerned, my guess is that the GT3 will hold its value quite well, especially given the low mileage you expect to put on the car. Good luck with your purchase.

shapiroeric

Another value thread?1?!?!!?

As far as I know no one here has yet to acquire a crystal ball.....

Akunob

Here you go...

Anyway, how many of you are daily driving your GT3? - Not many

How do you project these cars holding their value? Let's just say a 2015 with 16k miles at $135 now. - With the glut of 991.2 Gt3s coming to market and the 992 GT3 around the corner, it's my guess that a 991.1 GT3 with over 15K miles will probably be a borderline 6-figure car in 2 years. Maybe $105K

My guess is about 3-4000 miles a year put on it. - In two years and 8K miles later, your 24K mile 991.1 GT3 would likely be a sub 6-figure car ($95-99K) for the reasons mentioned above.

What are the key issues with this car that I need to inspect for? - For a 2015 GT3, the only issue to check which engine is in the car. Original F-series engine or a replacement G-series engine. With the 10 yr / 100K mile warranty, in 2 years you should still be in good shape (4yrs and 76K mileage of engine warranty still to go). Otherwise the car is relatively bulletproof if maintained adequately.

Value guesstimates are just that, opinions! However one thing is clear, $135K ask on a 2015 GT3 w/ 16K miles appears to be on the high side. At $120K you've got a good deal. Hope this helps

HardHitter

Hah. I'm just trying to not take a bath in depreciation hit. $10-$20K over a few years is fine, but think about other cars that depreciate to half their value within just a few years. (E.g. $300K+ MSRP Mclarens going for $130s 5 years later).

RossP

Based on recent sales and the amount of inventory just sitting on dealer lots, I would say you would need to be <$110k in order not to get hit hard in the next couple of years.

shapiroeric

You're better off buying a car in the $60-80K range

HardHitter

That's what I was thinking as well, but the market of asking prices looks to be sitting around the $120-$130K range at the moment. Per Autotrader there are 7 cars listed for $120K or less with only 1 CPO.

So then I was thinking, maybe I take a look at a GT4 and play around with those for a while, but I think I'm going to hit the same dilemma with the new GT4 coming out.

Jrtaylor9

^^^^look at Gt4.

Alan C.

The GT4 might make more sense for your needs. As a data point my previously owned Carmine Red GT4, $117,400 MSRP, is sitting at Kings Porsche in Cincinnati. 24,000 miles and meticulously maintained. My guess is you could easily get it for $90k maybe a bit less with CPO. Half of the miles were put on doing 6 Smokies GT events.

docjohnM

I daily drive my GT3, as I did my Mclaren and R8. Only on the Mclaren did I fear depreciation. (and also because the dang odometer was 8% fast!)

Here is a KEY TAKEAWAY:
Fact:
You lose value on "miles""
...those "miles"mean you're enjoying the car. You are paying "per unit of enjoyment".

Thus, your depreciation is proportional to how much time and enjoyment you get from the car.
Unless you enjoy collecting cars more than driving them, which is perfectly vaild. But a DD is for DRIVING!
And none of us will live forever, so enjoy the GT3!

parkerfe

I DD my GT3 around 300 miles per week. But I get an unbelievably high SPM, so depreciation is not much of a concern to me.


SPM= smiles per mile!

abiazis

Look at 14 or 15 Turbo or Turbo S for a great daily in that price range and depreciation curve is flattening now.......GT3 is more a special event car....wish I could afford both....wife says no...