GT2RS value
06-20-2020, 05:47 PM
#16
Rennlist Member
Thread Starter
Looks like car is going to dealer in trade. MR tank does take care of water duration issue. Seemed like based on market and what party wanted there was no reason to jump on this local one in private deal. Do like the potential an upgraded 2RS would have and dependability over other options. Appreciate all the input. Will post up what dealer has to say when I visit, will be interesting, real market vs wish list pitch.
06-20-2020, 06:30 PM
#18
RL Community Team
Rennlist Member
Rennlist Member
About 90 GT2RS's are now for sale in the US, with close to half having under 1,000 Miles,
Apparently most were bought by flippers expecting to resell them for large profits, but
large volume production by Porsche and high cost greatly limited the Flipper's profit.
Also, the new GT3RS.2 lap times on track at $100K lower cost is VERY close to 2RS.
Friends Tracking them advise the 2RS goes through their standard distilled water Tank
capacity on Track in about 15 minutes, after which power is reduced from 700 to 550HP.
This means carrying 12 Gallons of distilled water for each 3 Hour Track Day and 24 Gals
for a week-end event. So I can't just drive the 2RS to the Track as I can with my 3 or 3RS.
You need a Trailer and Tow Car to Track the GT2RS, which limits its Track suitability to me.
Its suitability as a DD or long-distance Road car is compromised by its stiff suspension
and high Tire and Engine Noise levels with little interior insulation, and its market as
THE premier high performing long-distance touring Sports car is threatened by the new
2021 Turbo's largest 60 HP increase to 640 HP with comparable Torque levels.
Having said all that, I've been totally in love with the GT2RS since its announcement
but unable to convince myself that its limitations justify its high cost which I believe
explains the large number of almost new GT2RS's sitting unsold in Dealers inventory.
Ultimately, the Market will decide what those cars are worth.
Apparently most were bought by flippers expecting to resell them for large profits, but
large volume production by Porsche and high cost greatly limited the Flipper's profit.
Also, the new GT3RS.2 lap times on track at $100K lower cost is VERY close to 2RS.
Friends Tracking them advise the 2RS goes through their standard distilled water Tank
capacity on Track in about 15 minutes, after which power is reduced from 700 to 550HP.
This means carrying 12 Gallons of distilled water for each 3 Hour Track Day and 24 Gals
for a week-end event. So I can't just drive the 2RS to the Track as I can with my 3 or 3RS.
You need a Trailer and Tow Car to Track the GT2RS, which limits its Track suitability to me.
Its suitability as a DD or long-distance Road car is compromised by its stiff suspension
and high Tire and Engine Noise levels with little interior insulation, and its market as
THE premier high performing long-distance touring Sports car is threatened by the new
2021 Turbo's largest 60 HP increase to 640 HP with comparable Torque levels.
Having said all that, I've been totally in love with the GT2RS since its announcement
but unable to convince myself that its limitations justify its high cost which I believe
explains the large number of almost new GT2RS's sitting unsold in Dealers inventory.
Ultimately, the Market will decide what those cars are worth.
And even if it didn't the experience between tracking a 2RS and a 1.2 3RS is not comparable; not that one is better than the other just that they are different in that tracking the 1.2 3RS is not a facsimile in any to tracking a 2RS.
06-20-2020, 07:07 PM
#19
This is a little bit of an overgeneralization don't you think? I've tracked my 675LT a lot. So do my other McLaren owner friends. Track days.. I mostly see Porsches and McLarens.
06-20-2020, 07:21 PM
#20
I know a buddy who also tracks his McLarens regularly... He's had good luck but im typically not so lucky so I usually just do McLaren sponsored events and let them worry about the cars. They are fast, insanely fast, light, etc. Super interested in the 765lt but we are getting off topic ;-)
The following 2 users liked this post by M3the01:
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06-20-2020, 10:34 PM
#21
Having owned one for a year, I love it. A 3RS, I have owned 3, is not the same experience. It makes my 488 seem slow. I also have a TT not close. It’s not a GT. It’s just not cheap. If you can write the check it’s worth it. Sound, glorious. Maybe some need a nice S550 instead. I hear they’re quiet.
06-20-2020, 11:23 PM
#22
Burning Brakes
Smart, trying to talk urself out of it... Owning one, tracked 458, gt3, 488, gt3rs, McLaren 720s... I luv the gt2rs. I really can't ask for more. The distilled water tank could be a smidge bigger, hence the MR tank, but honestly are u doing more than 20min in 90+ degree weather This also only happens on extremely hot days, if it's below 80 degrees, I get 2-3 full 20 min sessions and never hit the warning light so maybe a bit left over. With the MR tank, no issues. I literally just throw 2 gallons in the frunk and I'm good for two days.
The gt3rs is a wonderful, capable, amazing car but it ain't the big brother. The feeling for me is just all smiles. In all honesty, after tracking the 720s it was hard to go back the the gt3rs but McLaren reliable is tough, plus requirements for routine maintenance after track days, etc. The gt2rs has the reliability I need, amazing on the track and street, lots of brake / pad options, plus I see them way less so feels a bit more exotic which is nice.
Have u driven in one yet? If not, I suggest it, but be prepared to be frustrated going back.
The gt3rs is a wonderful, capable, amazing car but it ain't the big brother. The feeling for me is just all smiles. In all honesty, after tracking the 720s it was hard to go back the the gt3rs but McLaren reliable is tough, plus requirements for routine maintenance after track days, etc. The gt2rs has the reliability I need, amazing on the track and street, lots of brake / pad options, plus I see them way less so feels a bit more exotic which is nice.
Have u driven in one yet? If not, I suggest it, but be prepared to be frustrated going back.
Having owned, tracked and raced Turbos since buying my first 930 in 1979, a later 930 in 1987 a 1995 993 GT2, 996 Turbos with and without X50 Pkgs and my present 991 Turbo S, I agree with you completely that the GT2RS is an incredibly exciting car with truly amazing performance. I found it is as mild and docile at slow traffic speeds as it is ferocious on road and track - amazing for ANY car.
I'm waiting to drive a 992 TTS to decide if its improved handling and newest technology would offset the delightful performance and additional $100K cost of a 2018 GT2RS.
06-20-2020, 11:30 PM
#23
Price:
Although the GT price barometer seems to be +/- MSRP, I think that there are too many exceptions to this "rule". I saw a 430K MSRP GT2RS that was "discounted" 50K. Is that really akin to finding a GT2RS at 50K below MSRP? Well, yes, but not completely relevant. I think the sweet spot is around $320K - $350k MSRP.
Comparison/Performance to other Porsches:
Yes, a 992 Turbo S is probably just as fast if not faster. Yes, a 991.2 RS is within seconds on most tracks (and all the things we have heard 834 times too many: naturally aspirated, motorsports engine, bullet fast pdk shifts). And, yes, the GT2RS is a special car. Special enough for the price differential? Why don't we ask 911R and Speedster owners their opinion on Cost vs. Value/Enjoyment.
Comparison/Performance to other brands in the same cost bracket:
720S feels (and probably is) faster. F8 feels (and probably is) faster. GT2 feels like the 13 year old 997 I used to have. Same visibility. Same spacious cabin. Same 61 mechanics can service it within 100 miles. Same 50+ year old recipe. Feels like home.
I think at 300K (which I think is close to the floor for well specced versions illustrated above) it is a bargain, relatively speaking.
Although the GT price barometer seems to be +/- MSRP, I think that there are too many exceptions to this "rule". I saw a 430K MSRP GT2RS that was "discounted" 50K. Is that really akin to finding a GT2RS at 50K below MSRP? Well, yes, but not completely relevant. I think the sweet spot is around $320K - $350k MSRP.
Comparison/Performance to other Porsches:
Yes, a 992 Turbo S is probably just as fast if not faster. Yes, a 991.2 RS is within seconds on most tracks (and all the things we have heard 834 times too many: naturally aspirated, motorsports engine, bullet fast pdk shifts). And, yes, the GT2RS is a special car. Special enough for the price differential? Why don't we ask 911R and Speedster owners their opinion on Cost vs. Value/Enjoyment.
Comparison/Performance to other brands in the same cost bracket:
720S feels (and probably is) faster. F8 feels (and probably is) faster. GT2 feels like the 13 year old 997 I used to have. Same visibility. Same spacious cabin. Same 61 mechanics can service it within 100 miles. Same 50+ year old recipe. Feels like home.
I think at 300K (which I think is close to the floor for well specced versions illustrated above) it is a bargain, relatively speaking.
06-20-2020, 11:47 PM
#24
Drifting
Yes, I have driven friend's GT2RS's and been driven as a passenger instructor at Sebring, the first time I've consistently entered Turn 17 at over 160 MPH vs the 150 MPH I carry into T17 in my GT3.2.
Having owned, tracked and raced Turbos since buying my first 930 in 1979, a later 930 in 1987 a 1995 993 GT2, 996 Turbos with and without X50 Pkgs and my present 991 Turbo S, I agree with you completely that the GT2RS is an incredibly exciting car with truly amazing performance. I found it is as mild and docile at slow traffic speeds as it is ferocious on road and track - amazing for ANY car.
I'm waiting to drive a 992 TTS to decide if its improved handling and newest technology would offset the delightful performance and additional $100K cost of a 2018 GT2RS.
Having owned, tracked and raced Turbos since buying my first 930 in 1979, a later 930 in 1987 a 1995 993 GT2, 996 Turbos with and without X50 Pkgs and my present 991 Turbo S, I agree with you completely that the GT2RS is an incredibly exciting car with truly amazing performance. I found it is as mild and docile at slow traffic speeds as it is ferocious on road and track - amazing for ANY car.
I'm waiting to drive a 992 TTS to decide if its improved handling and newest technology would offset the delightful performance and additional $100K cost of a 2018 GT2RS.
Will be interesting to see what you decide. I moved from a 2015 991TTS to a 2016 991RS and I am in love with the NA GT cars. That said I will have a GT2RS one day.
The following 2 users liked this post by M3the01:
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06-21-2020, 10:53 AM
#26
Low miles sofa seat version WP 2RS was offered at 280k the other day in Florida. Sofa seats put me off although a 340k+ car with less than 1k miles.
I am watching the market and don't see allot more comparable to a 2RS unless its a 675lt but reliability worries me, i would only track the 2RS as im not a C&C guy, use it for what it was designed for.
I am watching the market and don't see allot more comparable to a 2RS unless its a 675lt but reliability worries me, i would only track the 2RS as im not a C&C guy, use it for what it was designed for.
06-21-2020, 12:19 PM
#27
Rennlist Member
Depends on what you like first and foremost but to me it’s worth only a little more then a GT3RS.
Thats just based on liking a GT3RS better and my simple mind seeing a GT3RS with a tuned TT motor, both costing $200K so mixing up parts for me doesn’t add up to $300K, but OK it always cost to have the top dog and diminishing returns and all that..
This is why I think at some point they level off $50K over whatever the GT3RS goes for.
Thats just based on liking a GT3RS better and my simple mind seeing a GT3RS with a tuned TT motor, both costing $200K so mixing up parts for me doesn’t add up to $300K, but OK it always cost to have the top dog and diminishing returns and all that..
This is why I think at some point they level off $50K over whatever the GT3RS goes for.
06-21-2020, 12:25 PM
#28
Instructor
When was it in service? Complete, panels off xpel film? No weirdness in the options? Given the mods, likely tracked, and mileage I would say $310-325, dealer would attempt $350k.
I have a very similar car, chalk, same MSRP, I tracked the prices previously very closely before buying. I've got the complete film, $20-25k in mods, half the mileage and the car is likely only $325-335k.
To me though it is worth much more... absolutely luv it.
I have a very similar car, chalk, same MSRP, I tracked the prices previously very closely before buying. I've got the complete film, $20-25k in mods, half the mileage and the car is likely only $325-335k.
To me though it is worth much more... absolutely luv it.
06-21-2020, 12:34 PM
#29
Rennlist Member
I agree that at some point they trade at some adder to 991.2 3rs values; 50k seems pretty reasonable. 100k seems “out-of-line”. I’d get it if they were so damn rare, they traded with some scarcity premium, but they aren’t. So, from a performance perspective, some premium on top of a 3rs seems reasonable. Flame suit on for any current owners that will tell you it’s a bargain vs a similar performance envelope in other marques; I get that too.
06-21-2020, 12:59 PM
#30
Banned
Low miles sofa seat version WP 2RS was offered at 280k the other day in Florida. Sofa seats put me off although a 340k+ car with less than 1k miles.
I am watching the market and don't see allot more comparable to a 2RS unless its a 675lt but reliability worries me, i would only track the 2RS as im not a C&C guy, use it for what it was designed for.
I am watching the market and don't see allot more comparable to a 2RS unless its a 675lt but reliability worries me, i would only track the 2RS as im not a C&C guy, use it for what it was designed for.