“Porsche 911 GT3 Price Drop”
 

I now get at least 3-4 emails per week (sometimes twice of that) from cargurus with “price drop” alerts for the GT3s. I have saved searches in their app that lets me get price changes. The longer I wait the lower the prices are getting.

My local dealer has cars that havent moved even at MSRP for over 4-5 months.

is there a question in here somewhere?

Last time I checked, this is a discussion forum not stackoverflow or quora. So no there is no question, its an FYI for others.

The longer you wait, the lower the prices get. That's true.

Meanwhile, you're not enjoying a GT3.

Well if I bought a GT3 6 months ago, I would have had to pay $30,000 more on average (at least where I live).

I would choose waiting 6 months to paying $30k extra. That $30k will pay for exhaust, wheels, tires, track time, and some more.

Very good idea to wait for prices to drop.....and wait.....and wait....and wait....and think about how cool it is to own one....and wait.....and wait....more drops in prices....wow I'm saving so much money!!!!....wait some more the next one is coming out and prices will drop.....Winter is coming prices will drop.....if I wait long enough I can buy 2 for the price of one!

Sellers beginning to let reality set in. haha

Not a truer statement.

Another value thread?

Meanwhile I've had 3 dealers offer me close to sticker for mine. $187K MSRP, was offered 175, 180, and 183. I've decided to just keep it for now since I know I'd miss the manual transmission.

Yep, guys, a GT3 is a car to enjoy and it is awesome, but when did people think that it wouldn't depreciate? See 991.1 GT3's as a reference. And to the OP, my local dealer is still selling used 991.2 GT's for quite a bit over MSRP just fine. Also, as an aside, not sure where they find these guys, lol.

Because everyone thinks the only people that buy GT cars are on this forum....my guess is there are more GT owners NOT on this forum than owners that are.....

In the news at 10: "PORSCHES DEPRECIATE!!!! THE TRAVESTY TAKING PLACE ON RENNLIST"

The car is going to depreciate, what a effin epiphany! Buy it now, have fun! Buy it later, for less, have fun! Buy GT3, with ADM, in hopes of making money, while not driving it? No have any fun. Simple equation really :cool:

One can only hope this must be true

The car at beverly hills porsche is still not selling for $7k under MSRP after 3 weeks of price drop.

I just HAD to comment as it just F'in **** cracked me up...………...especially the here comes winter , I am going to wait and wait , just look at me saving money....haha , classic

Value thread. :to_order:

Almost worst post of the year........

Why? I am just informing fellow prospective owners.

:corn:
this thread made me laugh for today. Mission accomplished.

There are always people waiting to get into GT3s at some point. Some would like to configure their own. So waiting for Porsche to whittle away at the ADM game to get a configurable slot at MSRP is reasonable. Porsche is doing just that, hence the larger production numbers with every gen.

Why wait 6 months when you could wait 12 months? Or wait even longer!

I think it's because you're assuming this is something that's not readily obvious.

Prospective owners at this price point (and I will take liberties to assume this...) are generally astute and financially capable, so informing this group that price and time are geometrically proportional is kinda like telling us that the sun will rise tomorrow.

But what will the VALUE of the sun be tomorrow? Why can't someone tell me for sure???

I think all the new/used 991.2 3RS' in the marketplace plus all the GT3's being traded in is causing some downward pressure. RS is selling at MSRP; 3 is selling a little below. Porsche in the end made a lot of these cars vs. what was speculated a year or two ago. Porsche has essentially killed the ADM with exception for super limited cars. 3/RS are no longer that limited. i will say this; it's going to be a while before 992.1 3/RS hits market; so once the supply gets eaten up in the next 6-12 months, i suspect pricing will stabilize until next gen cars start hitting shores.

and if you are in the market; here is my GT3; never tracked; never above 5k until after 1k miles; passenger seat was never sat in. i spec'ed as a solid street/track combo with manual: https://www.porschenorthscottsdale.c...-18819405.html ask for Alan Birch; I am sure he will work a sweet deal on it for you. I just traded it in for a 3RS.

[QUOTE=Laguna_Dude;15811479]I think all the new/used 991.2 3RS' in the marketplace plus all the GT3's being traded in is causing some downward pressure. RS is selling at MSRP; 3 is selling a little below. Porsche in the end made a lot of these cars vs. what was speculated a year or two ago. Porsche has essentially killed the ADM with exception for super limited cars. 3/RS are no longer that limited. i will say this; it's going to be a while before 992.1 3/RS hits market; so once the supply gets eaten up in the next 6-12 months, i suspect pricing will stabilize until next gen cars start hitting shores.

Very true

Even though this will bump the thread once again, joke is on the drama queen regulars who keep perpetuating these type of threads. How does concept of ignore/click next thread not register? This thread would be page 3+ in no time.

[QUOTE=odwa;15811018]Not a truer statement.[/QUOTE

"No amount of money has ever bought one second of time".....Tony Stark

Wait long enough and the prices will come down when the 992 GT3 comes out. But then the 992.2 will be on the horizon so you should wait for that to further push things down. Or just keep waiting until you’re too old to drive and then you won’t have to worry about buying anything. I’m sure the rest of us will be out there driving and enjoying our cars now.

Yup was watching that. ~$110k all in. That set's the current day floor on a 15k mile car. Another sold recently with buckets but more miles for about the same price. Nice data points.

Eh, do what you want. Most of us are at work shooting the sh*t online becuases we need to be at work. So, "go out and drive" isn't going to work. I was at a track day last week, same discussions about values etc.. during lunch and breaks....if you don't have anything nice to say....

FWIW, I personally enjoy the DIY threads for break/fixes, but these cars are so good even when abused, there's really nothing to chat about.

no, you are not. u are a ****ing troll. thats it.

I was the top bidder on that, was surprised to see a few upset posts in the comments section post-auction, but overall I think the price was fair and not that far off from previous sales.

Wish it had buckets, but oh well, maybe I'll swap them in in the future, if anyone wants to trade let me know :).

useless thread. I got mine at MSRP - been enjoying it. While you might save money on a used car, it won't be exactly as you personally wanted it specced and prepped when bought (I decided who would do my ppf and paint correction). And you're letting some one else enjoy it in the meantime when it could have been you - which has been stated ad nauseum.

While this isn't stack, I hope you're using the time you're losing driving to learn React or something.

No one is suggesting you wait months or years. I was merely point out the fact that the ripped off phase is over. The price delta 6 months ago and now is huge. If $30k is merely a $20 bill to you, hats off, you have way more disposable income than I do. But to me, $30k is a lot to pay “just to enjoy the car 6 months earlier” and mind you 6 months earlier was winter so what exactly is the point?

The description literally says there was damage to the car in the carfax. I'm not touching that even if it was purely engine swap damage.

How are you getting $30k? You could have had a speccable allocaiton for about $7k over MSRP 6 months ago. Or even MSRP non-driven on dealer floor.

You know what’s great? Buying a GT3 at whatever the then market value is and driving it so you can stop worrying about the prices of GT3s. These are not stocks.

:cheers:
https://cimg7.ibsrv.net/gimg/rennlis...7744dd6ee1.jpg

what has been posted here has been discussed previously in a multitudes of posts for about 2-3 months or longer....a few others have agreed.....that’s only my take which could be jaded...

Most days the sky is blue but if you want long enough, it will be grey!

Another thing thats so interesting is how dealers are now harassing me days or weeks after the initial inquiry if i am still interested or why i m not responding to their text messages. I have 3 very reputable dealers in 3 metropolitan centers of the country who have been repeatedly calling me, texting me, and emailing me.

I have been on/off market for a GT car in the last several years and I have never seen such persistent behavior before. Usually they are very cocky and wont even entertain negotiating.

Well.....technically speaking neither of those things is true. They sky isn't blue and when it is grey that isn't the sky either. No matter how much you "want" it to be. :D

Eh, not a big deal to me. I've been around these cars and have enough shops around me that can literally take the car apart and put it back together and have no qualms about it. I'd probably blow up the new engine the way I use my cars.

Agreed. I think we are seeing the 991.1 GT3 level off. 991.1 S's have been about the same price for the last two years. 991.2 GT3's will continue to drop but stay above 991.1.

Cool! What Porsche's have you purchased? Or have you been waiting for the right deal?

Best wishes. Seems like a fair price to me. Not sure what all those leaving the comments were expecting.

stop feeding him. its a ****ing troll

Maybe some enterprising Rennlister can start an exchange where people can buy and sell GT car futures. Then start a financial consultancy to sell advice on GT car pricing. Why fight this obsession with resale value when you could monetize it? ¯\_(ツ)_/¯

Market is too small. There wouldn't be enough breadth. Ferrari's maybe....lol

Indeed.

Hopefully we have members take advantage and buy their GT3.

Nice buy!

*Buy it now, have fun! Buy it later, for less, have less fun!

So name your price when they call and buy.

Are you located in the USA or abroad?
Your profile doesn't list where you're from and I know some countries have completely different markets

got tired of dreaming and waiting and got my used .2 GT3 back in December for a little under msrp. I could have waited and you never know you may die in a few months so i jumped and have been having fun owning a GT3

No one ever went to the grave saying "sure glad I got a GT3 for under MSRP"...

Lol

when price drop
car is not hot
I only like the hot cars
when stainless steel Daytona are selling msrp across the board, no one will want it
that's how ppl are

now you tell me
I waited to long and it was cold riding

these are 200k cars, do you see how many people track them, do you see the cars folks have in their garages... so yep $30k is like a $20 bill here. Who cares how many calls you get from dealers. Like the other guy said, people in the market for these know the market, or they don’t care.

edit: wrong thread! too many tabs

Bottom is blowing out, hope some of these dealers come to there senses. With the interactions I have experienced earlier this year (no returned calls or pm's after the initial contact, with the two top dealers on this board) that will take some time, albeit for 997 RS.
:corn:

So true. People want what they can’t have.

I get where you are coming from but I think what most are basically saying is, "where do you draw the line?"

I think everyone here accepts that you are lighting money on fire to some degree when you make these types of purchases. I know when I bought my GT3, I took a look at my finances and decided that the purchase would not negatively impact my overall financial health. So I did the deal. Whether my GT car depreciates 0k, 10k, or 100k between now and when I go to sell it is irrelevant because I approached this purchase with the mindset that a total loss would not be ideal but is an acceptable outcome.

At the end of the day, these are track toys and there is always the chance you could crash the vehicle and have an issue with the insurance company where they refuse to fully cover it. Happens all the time.

I take the same view on pretty much all luxury purchases. Whether it's watches, cars, or whatever, I just buy what I like and if it gets ruined, stolen, destroyed, or the value goes to zero when I'm done with it, I really don't care. The rest of my income is working for me so I can enjoy the small percentage of my income that doesn't have to.

I have never sold or traded a modern car and thought, man if I only would have paid X less, I could have gotten X more back in my pocket... If you have the means, make the purchase and just enjoy it. If you happen to end up with a slightly higher resale or trade in price when it comes time to sell, that's just a bonus.

I forgot what I paid,
the car is way too fantastic to allow me to dwell on prices.

Seriously, these are great times for GT cars and they may not last forever

Get out and really enjoy these monsters!

Amen!

wait long enough let life pass you by and it will be an electric gokart when you're ready to pull the plug

OP, no disrespect intended at all but you wait for the price to drop, and I’ll keep driving the value clean out of my undesirable .1 GT3 (shockingly high miles) and depreciating .2 RS (nearly broken in and debuting at WGI next week). At the end of this driving season I will only have a year and a half of full warranty left on one, three and a half on the other, years of good memories, a very stupid grin on my face, and possibly less money in the bank. If you don’t buy, you will hopefully have more money and maybe a stupid grin on your face if money in and of itself makes you happy (nothing wrong with that per se). Driving the cars makes me happy. If it doesn’t do the same for you, save the money. The value of these mass produced, overweight, dynamically superb luxury sports cars is in using them, and sharing them. Investments in anything but enjoyment they are not.

If only money could buy years gone by.

It is still better than almost any other sports car. Try buying a new McLaren or 488 and selling it after a few thousand miles. Even at 5-8k under msrp, that is less than 5 percent off a used car that has been driven for 6 months. I don't see GT3's losing more than 20 percent in 3 years. That is nothing to complain about. Those that bought over msrp or those that bought trying to flip, well money doesn't always mean you are smart.

Of course 2015's are dropping after all, it's 2019!

This. Its important to keep perspective when looking at luxury performance cars. Porsche GT cars are an anomaly. If you look at the Mclaren 650s they have depreciated ~50% off their MSRP in a little over 3 years.

All you have to do is to watch most US Senators speak to validate your assertion. ;)

So true. hahaha

the guy who started the thread is a troll.

What should we do with him?

Brand him?
Ban him?
Point at him in an accusatory way?
Get really really angry?

Or admit everyone who posted on this "troll" thread loved the opportunity to give their 2c and therefore are happily complicit in the supposed "trolling".

Relax, it's a forum, we're here to repeat inane sh!t to each other

If you have the means and $$$ do it. Live today cause tomorrow may never come.

First the anger with ADM's, and now anger when prices are actually correcting from current owners. It's very hilarious.

It's a game on RL you can't win ....

Anybody have opinions on the current NBA playoffs?

They're dropping buckets.

For any car to retain ~75% of its value after 5 years is pretty amazing

it will be like stocks between now and August !!

:roflmao::roflmao::roflmao:

Lol so true

"Relax, it's a forum, we're here to repeat inane sh!t to each other"

Damn its good to be part of a successful effort!

Some people will pay an ADM to get the car they want ASAP, others are willing to delay their purchase until the price falls. From my perspective both positions are reasonable. What isn't reasonable is suggesting that one way is proper and the other is inane. Anyone who has sufficient disposable income to spend hundreds of thousands of dollars on a car, doesn't require financial advice. They've done quite well on their own.

No owners here are an angry about prices correcting. They're responding to news that's common knowledge.

Inane ****...just wanted to get in...FOMO...

No kidding. Holds value well. Takes a licking. Keeps on ticking.

The best part of these "GT3 Value threads" is the GT3 is the most overhyped/overrated 911 in the lineup from a street driving perspective. They're a snore fest on normal roads. Would take a C4S/GTS all day everyday over a GT3. It's comical how many are for sale right now, and how quickly they change hands. Racetrack only place for a GT3, and majority of buyers don't step foot on one. It's 20x easier to find a GT3 than a M2 in my area...says it all.

Snore Fest..LOL

In order to get the GT3 to "dance" with you and show some dynamic character, you basically have to be triple digits. It's far too composed/compliant at road/highway speeds, unless you're substantially breaking the law. There's no character aside from the mechanical noises, which as nice as they are, isn't enough for me. Motor isn't fun until 6.5k plus, torque-less pig in lower RPM's. So yeah, I call that a snore fest for everyday driving. Take it to a racetrack and it's driving nirvana. I would argue nearly every 911 in the lineup is vastly superior for everyday driving enjoyment vs. GT3.

The only thing the GT3 does well at at everyday road speeds is look the part. Love the way it looks.

Anyway, just my opinion, and you know what they say about opinions...

You are right for the most part but it isn't a snore fest. One may never be able to extract its full potential but a snore fest it isn't. Try coming up with a different description.

retracted - embarrassed to have participated in this thread

You can say this about any car. I actually disagree though, I love driving my GT3 manual. It isn't nearly as fast as my other car but it is a freaking blast. I definitely take the long routes now to my destination. I can't get enough of this thing.

This sounds like something that someone who only reads message boards would say....I don't know how anyone can possibly drive a GT3 and call it a snore fest on any roads unless you're trapped in 25mph residential zones, in which case every car is going to suck. lol @ comparing a GT3 and an M2 because omgitssorare. I live in a major city and see a GT3 or RS maybe once a month driving around. Even so, who cares? I don't drive cars because they're s00pa r4r3. Maybe that's just me...

Yeah, drove my friends 2019 GT3 last week-end and did not go over 6000 or 7000 rpm as it had 500 miles on it. We are very far from a snore fest ! This thing was a total blast on small twisty roads and everywhere else too.

know the road, look around, no cups, no kids u go and have fun. dont need to be pussy all your life

Airbag, I get what you are saying somewhat. While I don’t think the 991 gt3 (esp in manual) is a bore on street, you can’t appreciate everything it has to offer until you take it on the track. At the same time, you can’t appreciate all that the 991 gt3 is if you just purely trailer it to a track as a pure track car. For me, the true brilliance of the 991 gt3 is it’s ability to be a fun street toy (esp in manual), functional street car and capable track weapon. In my opinion, the 991 gt3 is unrivaled in its ability to be all three things. AND, its ability to be functional/fun to/from the track is starting to cause me to question some other things I own that best it in any of my three categories, but miles away from it when I combine all three categories (track weapon, street toy, functional transportation). Damn, Porsche absolutely crushed it on their versatility of the 991. I’m beginning to stop putting it down as a “compromise car” and start appreciating it for being very good at literally almost everything it was DESIGNED to be; meaning, it isn’t good at hauling a family or towing a boat :). I have tended to gravitate towards cars that are THE BEST at some category or niche. The 991 gt3 is first car that is beginning to challenge that philosophy and wonder if Porsche has made a car good enough at most things that chasing that last few % on the better niche cars has diminished beyond the simplicity of one amazing car. Idk for sure, but makes me scratch my head sometimes, in a good way.

sorry to get somewhat OT from pure value drop discussion :)

please define "everyday driving"

if you mean traffic, urban streets and metro freeways even a base 911 is overkill

thats what my Golf R is for

I absolutely disagree. Yes, to get the most out of the GT3, it needs to be going balls out on a track but the same could be said about the 600LT, AMG GTR or any other track focused sports/super car.

I have somewhat of a unique perspective on this because I went directly from a 991S to a 991 GT3. After moving to CA, I held on to my 991S because I wasn’t sure what type of driving I would find myself doing and whether or not a GT car would make any sense. My concern was that it would have too much power for these roads.

Well, a few months of canyon driving and I quickly found the limitations of the 991S. It was a fantastic car but I was able to find the limit quite easily by doing no more than 40-60mph on some of the more twisty roads. I wanted something that felt a bit more confident in these types of conditions so I moved to the GT3.

I can absolutely get the GT3 to “dance” on the roads out here and we aren’t talking close to triple digits. The GT3 is a far more visceral experience than the 991S in every way.

When I talk to owners who sell their GT cars it is usually because they are buying another GT car, they are moving on to another brand (McLaren, Lamborghini), or that they car was more brutal than they expected and want something a little more compliant. I have yet to run into anyone who sells it because they thought it was boring lol...

But I would agree that if you live the flat farm lands of the Midwest with nothing but straight roads for miles, there are better choices. However, there is a reason that every other car you see in the canyon roads on an early weekend morning is some sort GT variant.

How is this 500 hp car and 9000 rpm redline a snore fest?? I've had lots of Porsches-
Cayenne S, Boxster RS60, 991 S, GTS, 991.2 TT-
And I can tell you the more specialized variants are where it's at- The RS60 and the TT which I specced myself were the most fun.

GT3 is specialized and therefore meant for a smaller circle. Purist!! When I drove a GT3 for the first time I realized how special it truly is!

REPORT TO A DOCTOR IMMEDIATELY FOR DELUSIONS

I owned a C2S. Loved it but even whe driving a slow speed the GT3 is so much better that I would only ever go back due to budget. Even at legal speeds the sound and feel of the car is way more entertaining than a standard Carrera. I am not knocking a C2S. It is an amazing car and I loved it but other that long trip comfort the GT3 is better car by a wide margin.

I have also driven many of the top cars out there and the GT3 is one the very best for driving pleasure. I think some like to talk it down to hopefully lower prices so they can get one??

Good strategy we all have!!! LOL

IMHO - Not tracking this with Touring spec GT3's.. Still looking to pick-up another with Sofa's. Personally, I prefer a Touring with sofas since I own one and LOVE it I want another.

Cannot find any with meaningful price adjustments and have also used the email price drop alert...

Winged variety, non-PTS, I totally agree with regular price adjustments.

You are spot on. For the money the GT3 991.2 is as good as it gets. I can't get enough of this thing. My other car is a 720s which is fantastic as well but I am really enjoying rowing the gears, the sound and the feel.

Lol so true. A lot of people are simply dreaming above their means. “But if I wait another year, maybe I can afford one.” If you have to scrape under the couch cushions, you’re in the wrong car market. Go get an M4, they are very competent and super cheap used.

This

https://cimg8.ibsrv.net/gimg/rennlis...95a4195296.jpg
It's time to call in the cats.... this has gone on long enough....

The new norm for this generation of owners seem to be vastly about PTS, CXX, ADM. Adding the discount in the mix now. About time. Just saying...

For the money this is as good as it gets?

Try a ZR1, 50k less and gt2rs performance. In fact if you choose to spend 5k for basic mods, it goes 9s@147 mph 1/4 mile. Thats head to head to a car like senna whose sales tax costs more than ZR1. Even stock its about 10mph faster 1/4 mile vs a GT3/RS. Yes those cars are much closer in a track because of the cheater R tires but in a day to day driving it, you cant touch it.

I hardly think GT3 “for the money” is the best car. I want one not because of the money factor but because I want the engine in it and I would want it at 100k or 220k.

Maybe it's because I use to race motorcycles, but if the GT3 is driving Nirvana for you, great, it is for a lot of people....but not everyone. I'm not the only who thinks it's overrated, especailly in relative comparison to other 911's in the lineup wrt street driving .The vehicle marketplace makes that abundantly clear, where it's easier to find a clean GT3 than a C4S/GTS.

Listen, it's obviously a phenomenal vehicle (yeah I get it, looks amazing, sounds amazing, and when the motor is on full song there isn't much shy of a V10/V12 that even comes close), but from a relative standpoint (relative to what's available from the 911 lineup) it's overrated for the street (keyword street, what I am comparing for driving "enjoyment").

When you have a car so capable, so composed, unless it's screaming above 6k or going triple digits, I personally find that "uninvolving" and somewhat "boring". 99% of the time I couldn't get out of second gear on public roads, which I found frustrating and "boring". And as astounding as that motor is, it's a dog under ~6k RPMS, sorry not sorry, but it is.

Lol good luck with GM build quality and reliability long term. Maybe better if you are concerned with a single lap time (multiple laps will likely show typical GM quality issues) or want to impress the locals at the drap strip. If you want a car you can drive to the office then drive hard on track the best bang for you buck is a 991.2 GT3... Just my $.02

Agree with your final analysis......and traded my GT3 for some of the same reasons.... not perfect for everyone for their daily use and that’s why Porsche makes so many choices available in their marketing wisdom....great options....albeit costly habit....

More empirical evidence :cheers:

I'll take the 2-3-4th gearing in the GT3 PDKs in a heartbeat over the GT4 or the .1 GTS PDK both of which I had before, street or track!

buddy oh buddy, I find it mind boggling that the word 'snore fest' is being associated with the GT3.
Absolute blasphemy.

The GT3 is a bliss to drive on the streets unless you literally can't go over 20mph. To me, I find even 1-2-3 shifting in the 6spd exhilarating.
To add cherry on the cake, my commute to work is 17 miles and 23 minutes one way according to google maps with 14 highway miles. Not going in to triple digit speeds, I make it to work in 16 minutes. I find myself very fortunate to be able to hear that flat 6 rev to 6-7k everyday.
Short of having 4 seats, I can't point out anything that this car needs to be a perfect daily driver. The handling and comfort for being a GT car is phenomenal.

confession: GT3 has given me a reason to drive home and back during lunch just to smoke a J.

Maybe it's making you paranoid and that's the reason you've been shifting at only 6-7k :roflmao:

Nice combo with the GT350R :thumbup:

Haha thanks! I am revving it to only 7k because it is still in the break-in period. 😂😂

Haha thanks! I am revving it to only 7k for now because it is still in the break-in period but 9k shifts aren't far enough. :cheers:

Getting ready to go GT3 on Wednesday- can't wait.

The one thing that amazed me when I drove one was the ability for it to be a DD. I wasn't expecting that at all. So compliant yet you feel everything. Love it.

Says the man who picked the best PTS color. ;)

https://cimg9.ibsrv.net/gimg/rennlis...36991ef52.jpeg

https://cimg9.ibsrv.net/gimg/rennlis...5c1fcc5f73.jpg
vvvv

Mature crowd in here, always good to see

You contradict yourself but whatever. The ZR1 does nothing for me even if you put 150K into it. I have a faster car than a ZR1 already so that is a non issue, $5K more I am running low 9's. The GT3 is slow relatively speaking but enjoyable to drive and to me there is nothing else in its price range that interests me.

Ah, sounds good :thumbup: