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The 991 GT3/RS Cars For Sale Thread...

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Old 02-12-2022, 01:55 AM
  #4201  
jordanw
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Old 02-12-2022, 02:18 AM
  #4202  
Ro_Ja Boy
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That’s the other one they own…
Old 02-12-2022, 04:16 AM
  #4203  
Skullbussa
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Originally Posted by Airbag997
New .2 listings are coming on in the 180's now, low mile clean ones. It's happening already. By December they will be back to normal/~140-160k range IMO, if not worse depending on what the FED does with rate hikes.
Not a chance in hell. I just looked through Cargurus and I've seen no softening. If you want a <10k mile clean car with the right options from a Porsche dealer and not Hucklebuck Motors, you're not getting a car for anything less than very high 190's. And we're in the middle of winter, this isn't going to change as weather improves. Prices will fall (maybe) by end of year but you are smoking something dank if you think you're getting a good .2 GT3 for anything close to $160k in the next year or two. The value of these cars has just changed, the MSRP is just not relevant.
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Old 02-12-2022, 05:46 AM
  #4204  
Norcalgt3
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Originally Posted by Skullbussa
Not a chance in hell. I just looked through Cargurus and I've seen no softening. If you want a <10k mile clean car with the right options from a Porsche dealer and not Hucklebuck Motors, you're not getting a car for anything less than very high 190's. And we're in the middle of winter, this isn't going to change as weather improves. Prices will fall (maybe) by end of year but you are smoking something dank if you think you're getting a good .2 GT3 for anything close to $160k in the next year or two. The value of these cars has just changed, the MSRP is just not relevant.
A lot of wishful buyers on the sidelines. Let them dream..=). And yes, some of the ones being sold now are not CPO and almost out of factory warranty. The 180k ish (like this one with PCCB and buckets the person was referring to) cars typically have some story:

https://www.bmmotorcars.com/used/Por...06b7d85a51.htm

Non-porsche dealer and imported from Canada (original speedometer was in KPM before change)

People looking with cash ready are chomping for the right car. Others are on sidelines self rationalizing.
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Old 02-12-2022, 05:59 AM
  #4205  
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^^^ Also one outlier car (on either end of the spectrum) doesn't define the market.

Market sure looks tight to me. I say that, in part, because it appears that cars with stories are pulling decent numbers. The bottom of the barrel is still well above where the bulk of the market was 18-24 months ago.
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Old 02-12-2022, 09:43 AM
  #4206  
G.Irish
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Originally Posted by Skullbussa
Not a chance in hell. I just looked through Cargurus and I've seen no softening. If you want a <10k mile clean car with the right options from a Porsche dealer and not Hucklebuck Motors, you're not getting a car for anything less than very high 190's. And we're in the middle of winter, this isn't going to change as weather improves. Prices will fall (maybe) by end of year but you are smoking something dank if you think you're getting a good .2 GT3 for anything close to $160k in the next year or two. The value of these cars has just changed, the MSRP is just not relevant.
The thing is with this market is that about 2/3rds of the 991.2s have been on sale for about 3 months or more, some as many as 6, 7 months. Interest rates are gonna go up, warranties for 2018s are gonna expire, more 992s are gonna arrive, and the GT4RS is gonna enter the scene. All of those things are going to make it harder to sell 991.2s at higher prices.

It looks like a lot of dealers are holding out for a big sale that failed to materialize even when the deck was stacked in their favor. Winter does slow down things a bit, but a lot of these cars didn't sell even before winter hit.

I don't know that prices will fall back down to $140-160k, but prices are almost certainly going to be significantly lower by the end of the year. Some of these dealers who were buying cars at markups from other dealers are gonna lose money if they try to hold out at $30-40k over MSRP too long on some of these specs. The only exception is the tourings.

Last edited by G.Irish; 02-12-2022 at 02:24 PM.
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Old 02-12-2022, 09:50 AM
  #4207  
Airbag997
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Originally Posted by Skullbussa
Not a chance in hell. I just looked through Cargurus and I've seen no softening. If you want a <10k mile clean car with the right options from a Porsche dealer and not Hucklebuck Motors, you're not getting a car for anything less than very high 190's. And we're in the middle of winter, this isn't going to change as weather improves. Prices will fall (maybe) by end of year but you are smoking something dank if you think you're getting a good .2 GT3 for anything close to $160k in the next year or two. The value of these cars has just changed, the MSRP is just not relevant.
There are plenty in the 180's, and asking has nothing to do with selling. Huge recession on the horizon, FED will be hiking rates. 992'S will be flooding the market. Talk to you in October.

Originally Posted by Norcalgt3
A lot of wishful buyers on the sidelines. Let them dream..=). And yes, some of the ones being sold now are not CPO and almost out of factory warranty. The 180k ish (like this one with PCCB and buckets the person was referring to) cars typically have some story:

https://www.bmmotorcars.com/used/Por...06b7d85a51.htm

Non-porsche dealer and imported from Canada (original speedometer was in KPM before change)

People looking with cash ready are chomping for the right car. Others are on sidelines self rationalizing.
I already bought my GT3 at the peak of the bubble. Love the car, so don't care about the money. The reality is the market will crash hard for GT3's. Has happened every time before. In 2019 you could pick up 991.2's GT3 for at or under sticker. This is the biggest bubble in used car history, it will not end well for many with high LTV etc.

Last edited by Airbag997; 02-12-2022 at 10:30 AM.
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Old 02-12-2022, 10:41 AM
  #4208  
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While agreed on the bubble, it's going to take a while before it crashes. That's not going to happen this year but more likely 2023 into 2024. Way too much demand right now and limited supply of vehicles. As long as 992s continue to require ADMs and the GT4RS will be impossible to find without significant ADMs, the 991.2 GT3 and especially 991.2 GT3RS will stay at elevated levels.
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Old 02-12-2022, 02:21 PM
  #4209  
C Alexander
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This talk about the "bubble" bursting and prices plummeting has been around since late 2020. Fact is that the overall car market, and particularly the exotic car market, is showing no signs of slowing down. Even if the pandemic were to be over by tonight, it would take years for things to get back to normal and with inflation the way it is today, prices won't go back to where they were. Fed hikes will slow it but they won't rewind back the time. That said, buy a car if you want it and can afford it now rather than try and time the market.
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Old 02-12-2022, 02:28 PM
  #4210  
Airbag997
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Originally Posted by C Alexander
This talk about the "bubble" bursting and prices plummeting has been around since late 2020. Fact is that the overall car market, and particularly the exotic car market, is showing no signs of slowing down. Even if the pandemic were to be over by tonight, it would take years for things to get back to normal and with inflation the way it is today, prices won't go back to where they were. Fed hikes will slow it but they won't rewind back the time. That said, buy a car if you want it and can afford it now rather than try and time the market.
Check out Manheim prices/trends, and all the reduced prices across the board on Autotrader etc. The sad thing is the FED hasn't even hiked yet, and this inevitable and very significant recession on the horizon hasn't even begun to unfold. Right now there is an all-time high of subprime, LTV and repossessions. Trifecta for a absolute car market collapse. Again, this is going to end very very badly, very soon. 12 months tops.
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Old 02-12-2022, 03:23 PM
  #4211  
M&Abanker4life
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Originally Posted by Airbag997
Check out Manheim prices/trends, and all the reduced prices across the board on Autotrader etc. The sad thing is the FED hasn't even hiked yet, and this inevitable and very significant recession on the horizon hasn't even begun to unfold. Right now there is an all-time high of subprime, LTV and repossessions. Trifecta for a absolute car market collapse. Again, this is going to end very very badly, very soon. 12 months tops.
You have been a perpetual bear on all versions of the Gt3 for how many years now? Like a decade? How's that working out for you to be a perpetual bear? I would say you are one of the least qualified to render an opinion on the market or the car frankly.

https://rennlist.com/forums/997-foru...l#post14615775
Originally Posted by Airbag997
When I was cross shopping Porsches back in late summer of 2012 the dealer I was at had a 17k mile white 997.1 GT3 for $76k. That was over 5 years ago. So there's definitely room to go low. With that said, I think the GT3 is one of the most overrated cars (For the street). After a very lengthy test drive (plus seat time in my buddies identical GT3 at the time) I ended up not buying it. Blasphemy, I know. But this was the only car on my radar for years. The power is non-existent until 5k. Front end also felt light and not planted. Rough ride with very dated interior and lots of rattles from the interior pieces. You have to ring it's neck to even have fun with it. Gutless below 4.5-5k. It does not feel fast. My 997.2 C2S is far more enjoyable. More useable power, without driving like an asshat. Even then, the GT3 definitely does not live up to the hype. It's a $60-65k car at best.
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Old 02-12-2022, 03:34 PM
  #4212  
Airbag997
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Originally Posted by M&Abanker4life
You have been a perpetual bear on all versions of the Gt3 for how many years now? Like a decade? How's that working out for you to be a perpetual bear? I would say you are one of the least qualified to render an opinion on the market or the car frankly.

https://rennlist.com/forums/997-foru...l#post14615775
At least a decade. Yeah. Must of struck of nerve with you going and digging up old posts, sorry to ruffle your feathers. Sometimes reverse psychology works. I bought my GT3 at the peak of this bubble about a month ago, worked out just fine for me because I got exactly what I wanted. Still doesn't change the fact the car market is in for a rude awakening. It's not an opinion, and it has nothing to do with qualifications. Only a simple-minded troglodyte would fail to see the obvious factors at play. Not sure why so many on here are taking the future of the car market personally? Quite comical really. Again, let's chat end of this year to see your perspective on the GT3 market.
Old 02-12-2022, 09:08 PM
  #4213  
Randy M
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Nobody knows, choose black or red and cross your fingers...
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Old 02-12-2022, 11:18 PM
  #4214  
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Originally Posted by Randy M
Nobody knows, choose black or red and cross your fingers...
i choose green or double green.... I'm a Miami Blue type 😂
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Old 02-13-2022, 04:48 AM
  #4215  
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Originally Posted by G.Irish
Yeah if it comes in at less than the Performance, say $260k, I would definitely be interested. I guess I should call by local Lambo dealer but I feel like I'm probably already too late, and that they'll probably want mark ups.
I got a 2015 Huracan For sale if you’re interested.

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