With the 992 being openly tested now, what will happen to 991 prices?
#1
Rennlist Member
Thread Starter
With the 992 being openly tested now, what will happen to 991 prices?
With Porsche openly testing the 992 GT3 and Touring now on the Ring.... When do you think the 992 will be available and what do you think will happen to 991.2 pricing?
The way I understand it, all the 992's are wide body, so will that mean the GT3 will come to market sooner than they have in the past?
Here's a link to a video of the new Touring buzzing around the ring:
https://www.motor1.com/news/352207/p...touring-spied/
And the 992 GT3:
https://www.roadandtrack.com/new-car...testing-sound/
I'm considering a 991.2, but I'm fearful with all the premiums right now I'll get hosed with a massive depreciation dump since the 992 might be put on display this fall. I don't think anyone knows if the 992 GT3 will be substantially better than the 991.2. The only things I've seen so far are cosmetics and a rumored small HP bump. Personally, I think the 991.2 looks better than some of the pics I've seen of the 992.
Thoughts?
The way I understand it, all the 992's are wide body, so will that mean the GT3 will come to market sooner than they have in the past?
Here's a link to a video of the new Touring buzzing around the ring:
https://www.motor1.com/news/352207/p...touring-spied/
And the 992 GT3:
https://www.roadandtrack.com/new-car...testing-sound/
I'm considering a 991.2, but I'm fearful with all the premiums right now I'll get hosed with a massive depreciation dump since the 992 might be put on display this fall. I don't think anyone knows if the 992 GT3 will be substantially better than the 991.2. The only things I've seen so far are cosmetics and a rumored small HP bump. Personally, I think the 991.2 looks better than some of the pics I've seen of the 992.
Thoughts?
#2
Rennlist Member
I will bet 992 GT3 will be out somewhere in late 2021 or early 2022. Remember Porsche needs to release regular 992, Targa, Turbo, so forth before GTs.
No doubt 991.2 GTs will take a dip. How crazy? No clue. It depends on demand and availability on the lots. A note, GTs does not take massive depreciation compare to other Porsches.
We all waiting, impatiently, for 992 GT3/GT3RS
No doubt 991.2 GTs will take a dip. How crazy? No clue. It depends on demand and availability on the lots. A note, GTs does not take massive depreciation compare to other Porsches.
We all waiting, impatiently, for 992 GT3/GT3RS
Last edited by uniqueMR; 05-31-2019 at 06:35 PM.
#3
Rennlist Member
If you want a 991.2 GT3T , you should buy one. Unless you have a solid promise of an early allocation for a 992 which will be 2 years at minimum. The car will as usual fetch a premium . Not everyone who has a 991.2GT3T will run quickly to his dealer to swap his...there are only 650+ cars total in NA. I doubt that they will lose much value, however you will lose the current markup .
Remember. The new car will be somewhat better, but it will also cost more and this car is already a blast to drive....so get off this forum and go find one to drive now, unless you have assurance that you will not be dead when the next one is out
Remember. The new car will be somewhat better, but it will also cost more and this car is already a blast to drive....so get off this forum and go find one to drive now, unless you have assurance that you will not be dead when the next one is out
#4
You will spend two years waiting for a 992 (and that is if your already on a list) And the 992 Gt will likely be $200k plus.
Or you can buy a 991.2 GT3 now (for under msrp) and enjoy the heck out of it.
if your in this to flip the car for a profit get an early 992 GT3 and sell it to someone not on a list.
Or you can buy a 991.2 GT3 now (for under msrp) and enjoy the heck out of it.
if your in this to flip the car for a profit get an early 992 GT3 and sell it to someone not on a list.
#5
Advanced
There will always be a newer faster car, and the older slower car will lose some of its value as a result.
It’s a car, not an investment. To me it’s all about having fun driving, and it’s a lot easier to enjoy driving a car that currently exists than one that doesn’t.
It’s a car, not an investment. To me it’s all about having fun driving, and it’s a lot easier to enjoy driving a car that currently exists than one that doesn’t.
#6
Race Director
What happens in the stock market, economy, geopolitically, etc. will have a bigger impact. But the 991.2 will be 4+ years old by then so expect some depreciation as well.
#7
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Probably should wait for the 992.2. It's going to be even better than the 992.1. Or just hold out for the 994. Will be better than the 992s.
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#8
Who knows about price but you will be getting the hi tech interior and different back end. I love the 992 front. Not sure I would wan the back. I am 99%sure I would not like the interior as well as 991. It will no doubt be faster though.
#9
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That's ridiculous. The 992 GT3 is not going to have a 39% price increase. The last increase was 10% and was the largest ever, afaik. Sure you can probably find a way to choose enough expensive cosmetic options to pay that much. But a GT3 comes ready to perform with Zero options.
#10
In time, you will begin to like/love the rear and appreciate the modern interior.
#11
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I wonder if they will be working on a replacement for the LWB's? Would be nice if they came up with a newer (more comfortable and better looking) version with folding back that retained the electric height adjustment.
#12
Rennlist Member
Thread Starter
I will bet 992 GT3 will be out somewhere in late 2021 or early 2022. Remember Porsche needs to release regular 992, Targa, Turbo, so forth before GTs.
No double 991.2 GTs will take a dip. How crazy? No clue. It depends on demand and availability on the lots. A note, GTs does not take massive depreciation compare to other Porsches.
We all waiting, impatiently, for 992 GT3/GT3RS
No double 991.2 GTs will take a dip. How crazy? No clue. It depends on demand and availability on the lots. A note, GTs does not take massive depreciation compare to other Porsches.
We all waiting, impatiently, for 992 GT3/GT3RS
I know that's the way Porsche has done the GT3 release in the the past... But we also historically had the release of narrow body cars first and then wide body. Now that even the regular 992 is a wide body (or so I've been told) and they're already testing the GT3, so doesn't that mean the GT release could be sped up some?
If you want a 991.2 GT3T , you should buy one. Unless you have a solid promise of an early allocation for a 992 which will be 2 years at minimum. The car will as usual fetch a premium . Not everyone who has a 991.2GT3T will run quickly to his dealer to swap his...there are only 650+ cars total in NA. I doubt that they will lose much value, however you will lose the current markup .
Remember. The new car will be somewhat better, but it will also cost more and this car is already a blast to drive....so get off this forum and go find one to drive now, unless you have assurance that you will not be dead when the next one is out
Remember. The new car will be somewhat better, but it will also cost more and this car is already a blast to drive....so get off this forum and go find one to drive now, unless you have assurance that you will not be dead when the next one is out
My dealer local dealer will get me an allocation but they want $25k over and the car hasn't even been showcased yet LOL I hate how Porsche has slowly morphed into Ferrari sales practices...
Agreed the current cars being very well done.
Also agreed on the "might get hit by a bus" thought process in not waiting.
You will spend two years waiting for a 992 (and that is if your already on a list) And the 992 Gt will likely be $200k plus.
Or you can buy a 991.2 GT3 now (for under msrp) and enjoy the heck out of it.
if your in this to flip the car for a profit get an early 992 GT3 and sell it to someone not on a list.
Or you can buy a 991.2 GT3 now (for under msrp) and enjoy the heck out of it.
if your in this to flip the car for a profit get an early 992 GT3 and sell it to someone not on a list.
I'm not a flipper... I'm ethically opposed to that nonsense. Flippers are scummy as ticket scalpers and the like, using a connection to make a buck off a true enthusiast.
My point was is it worth paying over or even sticker on a 991.2 right now...
The car is plenty fast enough now. I don't think an extra 20 or even 50 more hp would be appreciated on the street. Agreed on the front and back. Not sure how I feel about the techy interior. I always like the latest greatest, but the 991.2 interior is really nice. It's a good blend of old and new.
#13
Rennlist Member
My point was is it worth paying over or even sticker on a 991.2 right now...
#14
Rennlist Member
Next car will be better and faster. It will be more expensive too. As soon as it's out, prices on all 991.2 GT cars of any kind should soften (depreciation is guaranteed). Next car should gain a lot more MSRP, Porsche is throwing experiments by overcharging on the Speedster and GT2RS, and the Kool-Aid addicts are following, their competitors are charging around $300k for their products, so there is plenty of room for Porsche to charge a lot more next time, and also to release the car as soon as possible. Add future tariff for imports, so it won't shock me that a low option 992 GT3 becomes $200k before fees and taxes.
...but regarding release date , there are a few factors at play: Taycan, 718 Cayman GT4 and a lot of 992 versions that historically precede the GT3. I don't see a 992 GT3 in customer hands for at least another 19 months in U.S. with the bulk in about 2 years, so what could you do in the next 2 years?
If you want a depreciation-proof GT car or low depreciation, you need a 997.2 GT3RS 4.0 or low miles 3.8, or a 991.1 GT3.
Personally, if I were in a similar situation, I would get a low miles 991.1 GT3 RS, that car has the race engine from the Porsche Motorsports GT3-R, and it is an RS. Additionally, I don't like the demons of the 991.1 GT3 engine going kaboom on me during a track day despite of being covered under warranty, IMHO it is absolutely irresponsible knowing that a faulty engine design by Porsche could spill oil on a racetrack I'm sharing with others and the consequences that could carry for me, them and all of our families could be huge, some attorneys could feed in the gross-negligence area if/when something really bad happens, and Porsche would be accountable too.
I traded my 2016 GT3 RS for a 2019 GT3 RS, trade-in value was just 10% off from MSRP, for a 3 years old car. You can get cheaper 991.1 GT3RS than most 991.2 GT3 out there today, and I think that 991.2 GT3 have more bandwidth to take depreciation than the 991.1 GT3RS.
If you can pick-up an Ultra-Violet or PTS 991.1 GT3RS for a good price, it is sane decision. The 991.1 GT3 will save you another $50k on purchase price today, but I wouldn't do it for the reasons above: Porsche should provide 991.2 GT3 engines for free to the 991.1 GT3 owners, but at $100k/engine, they prefer to deal with the litigation costs. The COG did a good job, but Porsche should have done a better job.
...but regarding release date , there are a few factors at play: Taycan, 718 Cayman GT4 and a lot of 992 versions that historically precede the GT3. I don't see a 992 GT3 in customer hands for at least another 19 months in U.S. with the bulk in about 2 years, so what could you do in the next 2 years?
If you want a depreciation-proof GT car or low depreciation, you need a 997.2 GT3RS 4.0 or low miles 3.8, or a 991.1 GT3.
Personally, if I were in a similar situation, I would get a low miles 991.1 GT3 RS, that car has the race engine from the Porsche Motorsports GT3-R, and it is an RS. Additionally, I don't like the demons of the 991.1 GT3 engine going kaboom on me during a track day despite of being covered under warranty, IMHO it is absolutely irresponsible knowing that a faulty engine design by Porsche could spill oil on a racetrack I'm sharing with others and the consequences that could carry for me, them and all of our families could be huge, some attorneys could feed in the gross-negligence area if/when something really bad happens, and Porsche would be accountable too.
I traded my 2016 GT3 RS for a 2019 GT3 RS, trade-in value was just 10% off from MSRP, for a 3 years old car. You can get cheaper 991.1 GT3RS than most 991.2 GT3 out there today, and I think that 991.2 GT3 have more bandwidth to take depreciation than the 991.1 GT3RS.
If you can pick-up an Ultra-Violet or PTS 991.1 GT3RS for a good price, it is sane decision. The 991.1 GT3 will save you another $50k on purchase price today, but I wouldn't do it for the reasons above: Porsche should provide 991.2 GT3 engines for free to the 991.1 GT3 owners, but at $100k/engine, they prefer to deal with the litigation costs. The COG did a good job, but Porsche should have done a better job.
#15
Rennlist Member
Get the 991.2 GT3, Andrew. It can be had now and you can meet us all at Sebring in two weeks from tomorrow.