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Lizard Green .2 RS with 2200 miles. WP, PCCB, FAL, LED’s, full leather with Lizard Green stitching and inserts, and full PPF. $238k original MSRP. Asking price is $249k.
5 991gt3rs cars added to cargurus today......total 53 now....good price for the car at porsche of the mainline...it's white with around 9700 miles....listed for just around msrp at 227k....and CPO’19
GT3 RS
White/Black
9,649 Miles
$227,995
or you can get the nohaggle price of 295k for the black one at porsche irvine with unknown mileage... $295,000 (No-haggle price)
5 991gt3rs cars added to cargurus today......total 53 now....good price for the car at porsche of the mainline...it's white with around 9700 miles....listed for just around msrp at 227k....and CPO’19
GT3 RS
White/Black
9,649 Miles
$227,995
or you can get the nohaggle price of 295k for the black one at porsche irvine with unknown mileage... $295,000 (No-haggle price)
Autotrader / Car Gurus has been absolutely flooded with GT3 / RS listings, especially for tourings. But several people on this forum seem to think we're in a new paradigm of perpetually high prices - that's actually the sign of a peak.
Autotrader / Car Gurus has been absolutely flooded with GT3 / RS listings, especially for tourings. But several people on this forum seem to think we're in a new paradigm of perpetually high prices - that's actually the sign of a peak.
It's not about the peak of the GT3 market, rather imo it's printing money, consequent inflation, and the fear of a paradigm shift in the access to cars like the GT3 and similar becoming scarce.
It's not about the peak of the GT3 market, rather imo it's printing money, consequent inflation, and the fear of a paradigm shift in the access to cars like the GT3 and similar becoming scarce.
I agree monetary policy is too loose and inflation is running too hot (and definitely not as transient as the Fed would have us believe) - but in terms of a paradigm shift..... the fundamental amount of (used) sportscars out there hasn't decreased since 2019. If prices had been steadily going up prior to COVID due to perceived scarcity of ICE sportscars going forward, I'd say that paradigm shift is a good reason for the demand. But they were doing the opposite; prices were falling quite rapidly across the board. It's just the amount of money splashing around the system now which has driven prices up and then FOMO always follows like in every bubble. Not to mention there's a real arbitrage opportunity for people to sell their GT3s now; even if you're paying a $50k ADM for a new GT3, you could largely cover that by selling your old one. And then there are substitutes; Lamborghini still doesn't charge ADMs for RWD EVOs and they can't even keep them in the showroom, they're flying out. Based on recent auction results and our own classifieds here, it looks like prices for GT3s are already off their peak - there's like 150 991.2 GT3s excl RS for sale on autotrader right now and some priced below 200k have been sitting for weeks....
I agree monetary policy is too loose and inflation is running too hot (and definitely not as transient as the Fed would have us believe) - but in terms of a paradigm shift..... the fundamental amount of (used) sportscars out there hasn't decreased since 2019. If prices had been steadily going up prior to COVID due to perceived scarcity of ICE sportscars going forward, I'd say that paradigm shift is a good reason for the demand. But they were doing the opposite; prices were falling quite rapidly across the board. It's just the amount of money splashing around the system now which has driven prices up and then FOMO always follows like in every bubble. Not to mention there's a real arbitrage opportunity for people to sell their GT3s now; even if you're paying a $50k ADM for a new GT3, you could largely cover that by selling your old one. And then there are substitutes; Lamborghini still doesn't charge ADMs for RWD EVOs and they can't even keep them in the showroom, they're flying out. Based on recent auction results and our own classifieds here, it looks like prices for GT3s are already off their peak - there's like 150 991.2 GT3s excl RS for sale on autotrader right now and some priced below 200k have been sitting for weeks....
A lot of undesirable models out there. Quality vs quantity is important. Several of these sub 200 cars have multiple owners, high miles, bad specs, underpriced ads listings (upon calling the dealer), or a combo of the above.
07-12-2021, 03:54 PM
