The 991 GT3/RS Cars For Sale Thread...
#4156
Yeah it seems like a lot of buying activity is brokers, flippers, and dealers buying cars from each other because they think they can leverage regional arbitrage or cash in on rising prices. Some 992 GT3's have already traded hands twice and are on sale a third time with less than 1000 miles. Don't know how fast prices are gonna fall but barring other supply chain disruptions I don't think prices are gonna trend higher from here.
Oddly enough I'm seeing some of that in the used exotic market with other brands too. The prices aren't running up quickly but I'm seeing McLarens and Ferraris for sale getting bought and put right back up for sale by another dealership for more money. The funny thing is that in some of these cases the car sat for months at the lower price, sometimes in a high dollar market like South Florida or the Bay Area. Seems like some of these indie dealers are gonna get burnt trying to buy a car from Palm Springs to tack on $20k and sell it in the middle of Ohio.
Oddly enough I'm seeing some of that in the used exotic market with other brands too. The prices aren't running up quickly but I'm seeing McLarens and Ferraris for sale getting bought and put right back up for sale by another dealership for more money. The funny thing is that in some of these cases the car sat for months at the lower price, sometimes in a high dollar market like South Florida or the Bay Area. Seems like some of these indie dealers are gonna get burnt trying to buy a car from Palm Springs to tack on $20k and sell it in the middle of Ohio.
Dealers have no cars on lots in many cases which means not much revenue coming in the door minus new car orders, and salesmen are doing cold calls too funny. Mercedes called my last week for the GLCAMG 63 to buy and order a new one …….ha yes hits my door in 8 months no I pass. Remember the tide turns and Porsche will want to sell you those Macan’s and Cayenne’s just say no, and the only leverage you have those are the money makers volume.
#4157
If you have cars saved on your Autotrader/car gurus/cars.com app watchlist it always funny to see cars sell then pop back up with photos coming soon and a 20k increase in price even though the previous dealer couldn’t sell it to the general public at the before price. I’ve seen more RS’s switch dealers in the last 8 months😆 somebody is correct though the market is getting tighter and prices have gone up. Good spec low miles GT3/RS’s don’t last long especially if priced correct. The only small correction i can see is 992 GT3 owners selling for the RS. Even then we are 8 months out.
991 RS’s have become art pieces for low inventory Porsche showrooms. They are trading like NFT’s
991 RS’s have become art pieces for low inventory Porsche showrooms. They are trading like NFT’s
Last edited by Jww2124; 02-09-2022 at 11:17 AM.
#4158
Racer
#4159
Rennlist Member
Local dealer here bought a private sale GT3 in LA, then relisted it for $20k more than the private list price, plus now you have to pay state tax (another ~9%) on top of that (private sales in AZ pay no sales tax), so close to another $40k from a car that didn't sell. It's complete madness out there.
#4160
Race Car
I think this is pretty much right. Buddy sold a 718 Spyder to a dealer in trade on a Speedster. They priced the Spyder way high and said they knew it would sit for a while but they wanted it in the showroom.
#4161
Local dealer here bought a private sale GT3 in LA, then relisted it for $20k more than the private list price, plus now you have to pay state tax (another ~9%) on top of that (private sales in AZ pay no sales tax), so close to another $40k from a car that didn't sell. It's complete madness out there.
I’ve been loosely following the market for the last few months as I’m ready to buy as soon as I find the right car. I’ve also noticed prices on a lot of the GT3’s have been creeping back down over the last few weeks. I was initially searching nationwide, but after actually checking out a few low mileage examples in person, about half of the cars I’ve looked at have been in pretty poor condition. I’m at the point now that I’m limiting my search to SoCal.
I think we’re getting to the point where many of these dealers that keep flipping cars to other dealers are going to end up getting stuck holding the bag. Some of these cars are sitting for a very long time, while the dealers and sellers that offer more aggressive pricing move the cars quickly.
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fijibubba (02-10-2022)
#4162
If you have cars saved on your Autotrader/car gurus/cars.com app watchlist it always funny to see cars sell then pop back up with photos coming soon and a 20k increase in price even though the previous dealer couldn’t sell it to the general public at the before price. I’ve seen more RS’s switch dealers in the last 8 months😆 somebody is correct though the market is getting tighter and prices have gone up. Good spec low miles GT3/RS’s don’t last long especially if priced correct. The only small correction i can see is 992 GT3 owners selling for the RS. Even then we are 8 months out.
991 RS’s have become art pieces for low inventory Porsche showrooms. They are trading like NFT’s
991 RS’s have become art pieces for low inventory Porsche showrooms. They are trading like NFT’s
^^^ 991.1 RS inventory is pretty scarce with available being mostly the dealer flip/markup routine ongoing. I am hoping patience is a virtue here but starting to wonder
#4163
Rennlist Member
If you’re looking for a car I’d be looking at this:
https://www.pcarmarket.com/auction/2...%20blast%20car
no affiliation but that’s a nice spec. I’m a manual guy so to keep its perfect.
https://www.pcarmarket.com/auction/2...%20blast%20car
no affiliation but that’s a nice spec. I’m a manual guy so to keep its perfect.
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fijibubba (02-10-2022)
#4164
I was doing the same on the 991.1 RS - I caved and went with one as I made the mistake of looking at the production numbers and realizing it really is not crazy to look at the price of those cars vs. their MSRP and the age of them now (6 years old in most cases). Went with a spec I wanted, neutral color/steel brakes/axle lift, under 7500mi. Looking forward to it as I have always wanted this gen RS and never owned or driven one.
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bogey1 (02-10-2022)
#4165
Race Car
I was doing the same on the 991.1 RS - I caved and went with one as I made the mistake of looking at the production numbers and realizing it really is not crazy to look at the price of those cars vs. their MSRP and the age of them now (6 years old in most cases). Went with a spec I wanted, neutral color/steel brakes/axle lift, under 7500mi. Looking forward to it as I have always wanted this gen RS and never owned or driven one.
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redmonkey928 (02-10-2022)
#4166
2019 GT3 - Modded & Maintained by BBi Autosport
Car is available - Buyer had an opportunity to pick up a 993tt.
Price drop to 185k - Priced to sell, I have a deposit on a local 964 for my next build.
Car is available - Buyer had an opportunity to pick up a 993tt.
Price drop to 185k - Priced to sell, I have a deposit on a local 964 for my next build.
#4167
Rennlist Member
If you’re looking for a car I’d be looking at this:
https://www.pcarmarket.com/auction/2...%20blast%20car
no affiliation but that’s a nice spec. I’m a manual guy so to keep its perfect.
https://www.pcarmarket.com/auction/2...%20blast%20car
no affiliation but that’s a nice spec. I’m a manual guy so to keep its perfect.
#4168
Advanced
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TheDangerZone (02-10-2022)
#4169
Rennlist Member
I was doing the same on the 991.1 RS - I caved and went with one as I made the mistake of looking at the production numbers and realizing it really is not crazy to look at the price of those cars vs. their MSRP and the age of them now (6 years old in most cases). Went with a spec I wanted, neutral color/steel brakes/axle lift, under 7500mi. Looking forward to it as I have always wanted this gen RS and never owned or driven one.
The following users liked this post:
redmonkey928 (02-10-2022)