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New Member Intro: 991 GT3 - Summer 2014-European Delivery.

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Old 06-02-2013, 03:30 PM
  #31  
Z356
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Default 991 Depreciation

Originally Posted by destaccado
120k 2012 991's are selling for low high 80's to low 90's....we have seen that kind of hit already. What market are you looking at?
Correct. I think it's worthwhile for all of us to learn about & understand the depreciation of the current 991's (both MY2012 and MY2013). There is asking price and actual selling price. We need Manheim auction numbers and insider information from what P-dealers are actually paying for these early 991 'used' cars when they come up for sale! It will be an education for us all!

Saludos,
Eduardo
Old 06-02-2013, 03:47 PM
  #32  
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Originally Posted by destaccado
120k 2012 991's are selling for low high 80's to low 90's....we have seen that kind of hit already. What market are you looking at?

This is an appliance model Porsche that will be slower and less desirable than the next wiz-bang appliance model. The stage is already set for rapid depreciation.
$90k 991S's are not that easily had by the retail market. I agree some have sold in the range you mentioned. Most were overly and poorly optioned dealer or Porsche spec cars. That said, there are roughly 9 times as many Carreras vs. speculated 991 gt3s.
Old 06-02-2013, 04:07 PM
  #33  
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Originally Posted by destaccado
120k 2012 991's are selling for low high 80's to low 90's....we have seen that kind of hit already. What market are you looking at?

This is an appliance model Porsche that will be slower and less desirable than the next wiz-bang appliance model. The stage is already set for rapid depreciation.
Couldnt agree more..however, applying the same logic from a mass produced 991S (sold at up to 8% discount by the way) to a 991 GT3 - Im not so sure that we can do this. Fact is the 991 GT3 will be produced in much less quantities...fact is also that 458, 4-12 see big a depreciation too.

The 991 GT3 will be an interesting case..but my guess is that it depends on how customers would apprectiate this car..if it proves to be a reliable track car..it wont see the % losses of a 991S. If people wouldnt like it..and sell it after 1-2 years..then it would be a different story.

Nonetheless, Im quite sure that 997 Gt3 prices will remain more or less stable..maybe 10% off..but not more..
Old 06-02-2013, 04:11 PM
  #34  
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Originally Posted by Porsche.collector
Couldnt agree more..however, applying the same logic from a mass produced 991S (sold at up to 8% discount by the way) to a 991 GT3 - Im not so sure that we can do this. Fact is the 991 GT3 will be produced in much less quantities...fact is also that 458, 4-12 see big a depreciation too.

The 991 GT3 will be an interesting case..but my guess is that it depends on how customers would apprectiate this car..if it proves to be a reliable track car..it wont see the % losses of a 991S. If people wouldnt like it..and sell it after 1-2 years..then it would be a different story.

Nonetheless, Im quite sure that 997 Gt3 prices will remain more or less stable..maybe 10% off..but not more..
I agree with all of the above. You will not see meaningful discounts on this car for the first 12 months and very likely longer. Hell... maybe I am the naive one here and protective because I am very strongly considering buying one. I think 10- maybe 15% in the first 2 years, not any more. And, I think there will be a modest price increase MY2015.

Consider optioning a 991S to $130k. The buyer will have the choice to move up to a GT3 for little more and a used one for similar money. This will ultimately be a support level for used gt3 prices. I loved my Mezger 3.8 with a stick. Yes, new problems with new cars, but no more coolant lines, potential RMS and likely improved CLs on a much better chassis. Longer wheelbase, good and bad of course. Stiffer spring rates good. New engine, built the way it is, will be a beast and a solid, reliable one at that, imho.
Old 06-02-2013, 05:42 PM
  #35  
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I'm sorry and hope I'm wrong but they will depreciate right along with the rest. Different buyers now.

Perhaps the RS will be different if that attracts the current GT3 buyers and by then perhaps all the new stuff has proven to be durable and fun.
Old 06-02-2013, 06:18 PM
  #36  
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Originally Posted by 911dev
I agree with all of the above. You will not see meaningful discounts on this car for the first 12 months and very likely longer. Hell... maybe I am the naive one here and protective because I am very strongly considering buying one. I think 10- maybe 15% in the first 2 years, not any more. And, I think there will be a modest price increase MY2015.

Consider optioning a 991S to $130k. The buyer will have the choice to move up to a GT3 for little more and a used one for similar money. This will ultimately be a support level for used gt3 prices. I loved my Mezger 3.8 with a stick. Yes, new problems with new cars, but no more coolant lines, potential RMS and likely improved CLs on a much better chassis. Longer wheelbase, good and bad of course. Stiffer spring rates good. New engine, built the way it is, will be a beast and a solid, reliable one at that, imho.
agree totally..the 991S at 130 is complete nonsense. Its better to take a GT3..

You should have kept the 3.8 and add a 991 GT3 to that..like this you would have all. Last manual GT3 + first PDK GT3. ..
Old 06-02-2013, 06:32 PM
  #37  
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Originally Posted by Porsche.collector
agree totally..the 991S at 130 is complete nonsense. Its better to take a GT3..

You should have kept the 3.8 and add a 991 GT3 to that..like this you would have all. Last manual GT3 + first PDK GT3. ..
No desire to own two.

Last edited by 911dev; 06-03-2013 at 10:26 PM.
Old 06-02-2013, 06:36 PM
  #38  
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Originally Posted by TRAKCAR
I'm sorry and hope I'm wrong but they will depreciate right along with the rest. Different buyers now.

Perhaps the RS will be different if that attracts the current GT3 buyers and by then perhaps all the new stuff has proven to be durable and fun.
yep

Last edited by 911dev; 06-03-2013 at 10:24 PM.
Old 06-04-2013, 08:36 AM
  #39  
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European delivery with your Dad will be awesome! A trip of a lifetime.
Old 06-04-2013, 11:57 AM
  #40  
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Coming from the 996 GT3 and the 997.1 GT3, I think the decision is tough b/t those cars and the new rig b/c of all the unknowns associated with how the new rig actually drives. Separate from all the whining in this forum about the death of the GT3, nobody here has yet driven one. Yet, I have confidence that the new car will be a brilliant drive.

I don't live in San Fran, but having driven around the city, I think a front lift is essential. That would rule out the 996 and early 997 GT3s. Echoing an earlier post, the 996 is the rawest, most rewarding of the bunch even though it doesn't offer the grip of the 997.

As to your spec, yeah, skip the red dials. Everything else is spot on and nearly identical to my build. I don't think I'm getting the upgraded headlights though.

Best of luck. I was planning on a euro delivery as well. Despite statements by the salesman of an October build slot, you aren't getting one if you are planning a summer 2014 delivery. So I think your slot is late in the lineup, April/May ish so that will make you 10ish? on their list.
Old 06-04-2013, 03:57 PM
  #41  
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Thanks for the info Frayed, interesting how most push me away from red dials and I've been picturing colored dials in sync with car color since I was a kid.

As I look and learn about gt3 cars, I am questioning my sanity a bit when I look to spend $150k when for $90-100k I can get a beautiful 997 car which will give the same pleasure. I have some time to wait.. Looking around in meantime.. Maybe ill find a red 997.2 with a lift kit and I just jump on it. :-).
Old 06-04-2013, 04:29 PM
  #42  
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Originally Posted by CAlexio
Thanks for the info Frayed, interesting how most push me away from red dials and I've been picturing colored dials in sync with car color since I was a kid.

As I look and learn about gt3 cars, I am questioning my sanity a bit when I look to spend $150k when for $90-100k I can get a beautiful 997 car which will give the same pleasure. I have some time to wait.. Looking around in meantime.. Maybe ill find a red 997.2 with a lift kit and I just jump on it. :-).
Even though I'm a 991 GT3 prospective customer and early on my dealer's wait list, I think a 997.2 with lift is a wise choice. I say that b/c you are accomplished on track and come from the raw world of bikes, and the enhanced scope of the new metal (more daily drivable yet faster/easier on track) may be of limited appeal to you, especially since the 997 cars are already brutally fast on track in the big scheme of things. Given the thrills associated with ducatis, I'm not sure the extra margin of speed in the the 50% more expensive 991 is worth it since bike are far more of an adrenaline rush.

And, since you are focused on overall cost of ownership, clearly the already partially depreciated 997 the wiser choice.

The other issue in the equation, however, is euro delivery. For me, that's a bucketlist item. And, for you to have you dad along for the journey is priceless, and if you get a 997, by the time you get around to a new porsche (if you do in the future), your dad may not be in a position to do that delivery with you. I don't think that should be the only reason for a 991, but it is relevant I think.
Old 06-04-2013, 09:46 PM
  #43  
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Originally Posted by CAlexio
Thanks for the info Frayed, interesting how most push me away from red dials and I've been picturing colored dials in sync with car color since I was a kid.

As I look and learn about gt3 cars, I am questioning my sanity a bit when I look to spend $150k when for $90-100k I can get a beautiful 997 car which will give the same pleasure. I have some time to wait.. Looking around in meantime.. Maybe ill find a red 997.2 with a lift kit and I just jump on it. :-).
Ferrari Atlanta has a low-mileage high-option 2011 in red.

Not sure if it has the lift kit but considering the chin spoiler is designed to be replaced easily do you really even need it?
Old 06-05-2013, 04:10 AM
  #44  
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Originally Posted by destaccado

Ferrari Atlanta has a low-mileage high-option 2011 in red.

Not sure if it has the lift kit but considering the chin spoiler is designed to be replaced easily do you really even need it?
I Spoke to a few SF peeps with gt3 cars, and was told that there are entire neighborhoods which are basically off-limits to exotics due to ground clearance. When I spoke to dealer he showed me a gt3 without lift kit (997.1) which had a spoiler replaced week before and had scraped both plastic and upper painted section. I share a tandem garage with the guy in apartment below me so we have each others car keys. I have to put his Tesla S has to be in "super high" setting just to get into our garage without high centering over entry ridge. So.. Yea.. I HAVE to have lift kit... This is part of the reason my build for the gt3 isn't until next summer, as all the cars built until nov 2013 come without lift kits.

Long-winded answer. Oops
Old 06-09-2013, 06:48 AM
  #45  
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welcome to the gt3 family


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