When to buy the .1?
#46
I'm just surprised how some dealer asking so much more than most other CPO or not? I saw a few 15' are asking close to 160k while most "reasonable" one are in the low to mid 140k range....
Do you think if I offer them what most other dealers are asking (mid-low 140k) versus there 160k price, will I insulting them?
I know some of my local dealers aren't really force to sales even with the cars sitting in their lot for 2-3 months already. Or at least that's what the sales told me....
Do you think if I offer them what most other dealers are asking (mid-low 140k) versus there 160k price, will I insulting them?
I know some of my local dealers aren't really force to sales even with the cars sitting in their lot for 2-3 months already. Or at least that's what the sales told me....
Worst thing they could say is “no”. Don’t worry about their feeling or “insulting” them.
#47
From what I know decent dealers are still giving $130K + trade in values on clean 15s under 10K miles.
My .1GT3 is for sale by my dealer at$145K 7Kmiles, $150K sticker plus all the extras like, exhaust, full clear bra, ceramic coating, etc. car is perfect. Car has CPO, that is a good deal.
My .1GT3 is for sale by my dealer at$145K 7Kmiles, $150K sticker plus all the extras like, exhaust, full clear bra, ceramic coating, etc. car is perfect. Car has CPO, that is a good deal.
#48
Now (or soon) may be a good time to grab a low mileage CPO .1 GT3RS... there are more & more that are dropping and a handful are between 5-10k over original msrp.
Some examples from cars dot com here.
Here are two from a MA and a TX dealer, for example:
Some examples from cars dot com here.
Here are two from a MA and a TX dealer, for example:
#49
I think they are a falling knife as well right now. Patience. No upward price pressure I can see on the .1 RS any time soon. The plain jane .2 is already faster around the ring, and once sales on those start to slow, there will of course then be a .2 RS to grab the headlines.
#50
I think there will be just an overall glut of GT cars. GT3.1, .2, R, RS.1 & .2... touring etc. porsche has slowly built to demand. And once the dealer hoarding comes to an end, there will be more than enough for everyone. I don’t see the GT3.2 prices going above Msrp for long at all, considering its basically a $200k car with tax under most specs. soon.. tracks will be full and people will be driving them, the $ appreciation party will end, and the driving appreciation party can start in earnest.
#51
I think there will be just an overall glut of GT cars. GT3.1, .2, R, RS.1 & .2... touring etc. porsche has slowly built to demand. And once the dealer hoarding comes to an end, there will be more than enough for everyone. I don’t see the GT3.2 prices going above Msrp for long at all, considering its basically a $200k car with tax under most specs. soon.. tracks will be full and people will be driving them, the $ appreciation party will end, and the driving appreciation party can start in earnest.
#52
997 GT’s few made and bad economic times.
Crickets until 2014, bam 991.1 GT3 with economic boom and wave of new buyers. Big frenzy.
Market is digesting pre-owned GT’s now with the guys in the $160K-$240K price points only wanting new. Spec to build and no compromises. Not to mention, pipeline of new GT models has no end at this point.
We’ve seen this on Hot for Sale on the 991 forum. There’s a lot of pre-owned buyers at the right price point. They aren’t the guys mentioned above. 991.1 Carrera’s are hot cakes in the $80K-$95K price range at $30K-$40K off MSRP and under 10K miles many times. They aren’t buyers at new MSRP. Switch to Turbo Carrera’s have actually driven up 991.1 prices over last few years.
Sooooooo .... GT’s now mostly being held hostage because of being “all in†for high $$, and dealers wanting showroom candy. Thing is, after a while it’s not cheap to have a museum when you’re in business of selling cars.
The demand for NA 991’s is huge. GT’s are very appealing to guys looking for NA 991’s.
Turbo Carrera’s have been a flop. There is a big pool of potential buyers at the right price for GT cars. The two deltas between potential buyers and asking prices is still too wide.
Crickets until 2014, bam 991.1 GT3 with economic boom and wave of new buyers. Big frenzy.
Market is digesting pre-owned GT’s now with the guys in the $160K-$240K price points only wanting new. Spec to build and no compromises. Not to mention, pipeline of new GT models has no end at this point.
We’ve seen this on Hot for Sale on the 991 forum. There’s a lot of pre-owned buyers at the right price point. They aren’t the guys mentioned above. 991.1 Carrera’s are hot cakes in the $80K-$95K price range at $30K-$40K off MSRP and under 10K miles many times. They aren’t buyers at new MSRP. Switch to Turbo Carrera’s have actually driven up 991.1 prices over last few years.
Sooooooo .... GT’s now mostly being held hostage because of being “all in†for high $$, and dealers wanting showroom candy. Thing is, after a while it’s not cheap to have a museum when you’re in business of selling cars.
The demand for NA 991’s is huge. GT’s are very appealing to guys looking for NA 991’s.
Turbo Carrera’s have been a flop. There is a big pool of potential buyers at the right price for GT cars. The two deltas between potential buyers and asking prices is still too wide.
#53
RL Community Team
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From: The Woodlands, TX.
Originally Posted by mchrono
.1 inventory is definitely on the rise. They are no longer moving at their previous pre-.2 prices. While prices are starting to fall in response to softening demand, the question becomes at what price point will they actually start to find buyers?
Maybe a quick depreciation analysis is in order. Recent historical research suggests that run of the mill 911Â’s will retain perhaps 55% of their value after 3 years.
If we take a hypothetical $160k MSRP .1, and run the numbers based on that, we would be looking at something like this for current values now that MY 2018Â’s are being delivered:
2014- $72k
2015- $87k
2016- $107k
But since this is a GT3, letÂ’s reduce the rate of annual depreciation by an arbitrary 15% just to generate some upwardly adjusted values:
2014 - $80
2015 - $96
2016 - $114
Neither of those sets of numbers resembles the current .1 landscape.
At what pricing would you be a .1 buyer, and when do you think we will see those prices?
Maybe a quick depreciation analysis is in order. Recent historical research suggests that run of the mill 911Â’s will retain perhaps 55% of their value after 3 years.
If we take a hypothetical $160k MSRP .1, and run the numbers based on that, we would be looking at something like this for current values now that MY 2018Â’s are being delivered:
2014- $72k
2015- $87k
2016- $107k
But since this is a GT3, letÂ’s reduce the rate of annual depreciation by an arbitrary 15% just to generate some upwardly adjusted values:
2014 - $80
2015 - $96
2016 - $114
Neither of those sets of numbers resembles the current .1 landscape.
At what pricing would you be a .1 buyer, and when do you think we will see those prices?
#56
GT3 player par excellence
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From: san francisco
sorry, if u have to "analyze" then this is not the car for u.
if u are thinking should i cheat on my wife while you are with the other women, you shouldn't
GT3 is for the heart not the brain.
buy drive and have fun build the memory
bc while you are waiting, the rest of us are having the fun you are missing.
suddenly you realize you are too old, have too many obligations or too chicken to have fun.
sounds terrible. but cut this post out and look at it 10 years later, you be hating yourself.
if u are thinking should i cheat on my wife while you are with the other women, you shouldn't
GT3 is for the heart not the brain.
buy drive and have fun build the memory
bc while you are waiting, the rest of us are having the fun you are missing.
suddenly you realize you are too old, have too many obligations or too chicken to have fun.
sounds terrible. but cut this post out and look at it 10 years later, you be hating yourself.
#57
Mooty, spot on and I hear you 100% on that! However, we also have to remember that to the extent that sellers actually wish to sell, they need to know where the market is. Emotion typically works against sellers in a falling market.
#59
https://rennlist.com/forums/991-gt3-...-prices-4.html
#60
I believe it's happening already but sellers are too embarrassed to admit it:
https://rennlist.com/forums/991-gt3-...-prices-4.html
https://rennlist.com/forums/991-gt3-...-prices-4.html
A quick GT3/GT4 search shows many many cars are sitting on RL and elsewhere because the seller are overvaluing the car. I dont see how MSRP 135-140k car with 20k miles and almost 4 years old is still worth anywhere near the msrp or slightly below that people are asking. When the .2 GT3 are readily the prices will drop even more (I suspect around january/feb they will be easy to find at 110k - again this is for stripped down versions which is fine for me.