The 991 GT3/RS Cars For Sale Thread...
05-02-2023, 11:35 PM
#7276
Rennlist Member
Would it be worth more as a CPO car?
05-02-2023, 11:38 PM
#7277
Given I just sold my 2018 991.2 for $20K over msrp it's likely that you're looking at $30K over to start for a 992 w/ low mileage, well optioned, good condition cars.
05-03-2023, 12:46 AM
#7278
But I am patient, and I know the market is coming down. No sense in paying these crazy prices. I believe the sweet spot for the 991.2 RS without Wessaich is MSRP for a pristine model/spec or under that by at least $10K-$20K min.
In a few months things will change.
05-03-2023, 01:47 AM
#7279
you should stop messing with him, he is one of the quirkiest members on this forum - only he knows how to negotiate, we are all just bums
Last edited by CHALKGT2RS; 05-03-2023 at 01:54 AM.
05-03-2023, 01:49 AM
#7280
I have received 4 price drop emails since Sunday this week (48 hours) in all 991.2 GT3 manual listings alone. The prices continue their trend. Fed will keep increasing the rates, money is very tight right now in banks lending wise and the government isnt going to stop until the economy enters into a proper recession. Only people who buy cars right now (instead of waiting as prices will go down much more) are the “carpe diem” people who are impatient. Otherwise, be patient and you’ll be surprised what awaits us by summer.
yes, duly noted, Larry Summers
05-03-2023, 01:56 AM
#7281
I think there are two separate statements to be made here:
- Its not “a few” thousand. These 991s were going for $70k over msrp at some point. Thats more like $50,000
- Personally speaking, having paid a premium would bother me so much. And this is something I would remember every mile I drove the car. This isnt because I cant afford $50,000 extra. Its a bit about principles. The same reason why I cant bring myself into giving into the landscaper mafia that charges $200 for a $50 grass cut because of the town you live in. Yeah some make the argument of “oh but my time is so important”, to me paying 4X to that guy would annoy me so much that every minute I saved by not mowing my lawn, I would think about how that guy thinks he has taken advantage of me.
The price I pay and the “deal” I get is absolutely part of the fun of owning these cars in addition to their spec, and condition, and DME report, and so on.
- Its not “a few” thousand. These 991s were going for $70k over msrp at some point. Thats more like $50,000
- Personally speaking, having paid a premium would bother me so much. And this is something I would remember every mile I drove the car. This isnt because I cant afford $50,000 extra. Its a bit about principles. The same reason why I cant bring myself into giving into the landscaper mafia that charges $200 for a $50 grass cut because of the town you live in. Yeah some make the argument of “oh but my time is so important”, to me paying 4X to that guy would annoy me so much that every minute I saved by not mowing my lawn, I would think about how that guy thinks he has taken advantage of me.
The price I pay and the “deal” I get is absolutely part of the fun of owning these cars in addition to their spec, and condition, and DME report, and so on.
Chill out and make sure to pay your landscaper, those guys work hard for every dollar, they are just not sitting behind a keyboard and typing away, well you know what!
The following 2 users liked this post by CHALKGT2RS:
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05-03-2023, 08:19 AM
#7282
$30k over msrp if manual, $10k less if pdk.
05-03-2023, 10:49 AM
#7283
05-03-2023, 10:51 AM
#7284
05-03-2023, 10:56 AM
#7285
That is awesome you get can get a 992 RS at MSRP. I know of 0 people that would not take an allocation at MSRP, within the local Porsche community. Seems like you are patiently holding out a for .2 3RS for under MSRP, why not get a 922 3RS, pocket a 100-150K and then buy any .2 3RS you want, and still have money left over? Now that would make sense.
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mnawa (05-03-2023)
05-03-2023, 11:03 AM
#7286
I dont think thats true. I have actually been getting PMs from several different people on this board asking for advice and based on the kinds of questions I am getting, its clear everyone doesnt have the same experience with this market. Nothing wrong with asking questions and I am actually really happy to help others. The more we help each other, better it is for the buyers as we'll drive the inflated prices down to where they need to be.
We need to collectively help each other to drive down the prices where they need to be?
05-03-2023, 11:13 AM
#7287
That is awesome you get can get a 992 RS at MSRP. I know of 0 people that would not take an allocation at MSRP, within the local Porsche community. Seems like you are patiently holding out a for .2 3RS for under MSRP, why not get a 922 3RS, pocket a 100-150K and then buy any .2 3RS you want, and still have money left over? Now that would make sense.
05-03-2023, 11:33 AM
#7288
I am not a financial expert.
Interest rates have steadily increased, and yes the market has softened, and more for certain cars than for others. People that paid significant ADM's for vehicles are/will be losing out, and in my opinion 99.9% of cars depreciate, so that was inevitable. Hopefully for those that did it was a short term hold.
However I would not expect for GT cars to start trading for mid 2020 prices or less in 2 months time.
A decline sure, but prices will stabilize, and probably above covid pricing. For several years people have said the crash is coming and all those that were waiting then, are still waiting now.
Interest rates have steadily increased, and yes the market has softened, and more for certain cars than for others. People that paid significant ADM's for vehicles are/will be losing out, and in my opinion 99.9% of cars depreciate, so that was inevitable. Hopefully for those that did it was a short term hold.
However I would not expect for GT cars to start trading for mid 2020 prices or less in 2 months time.
A decline sure, but prices will stabilize, and probably above covid pricing. For several years people have said the crash is coming and all those that were waiting then, are still waiting now.
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mattyf (05-03-2023)
05-03-2023, 11:57 AM
#7289
Nordschleife Master
That is awesome you get can get a 992 RS at MSRP. I know of 0 people that would not take an allocation at MSRP, within the local Porsche community. Seems like you are patiently holding out a for .2 3RS for under MSRP, why not get a 922 3RS, pocket a 100-150K and then buy any .2 3RS you want, and still have money left over? Now that would make sense.
However, all the current allocations have been spoken for. ADMs are mostly from flippers and second hand market. Rumor is that more allocations are coming, possibly even a 992.2 GT3, and if you are patient and lucky to get one likely it will be at MSRP.
Market for both cars is driven by demand and impatience. Also by ignorance. EBay sold a Porsche umbrella that would go into a cubby hole in the door jamb of a 996 for $200, when you could get one from Porsche for $30 at that time. This thread should help make the market picture a little more clear. Just have to get through the bad vs the good observations.
Last edited by Palting; 05-03-2023 at 12:01 PM.
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okkin (05-03-2023)
05-03-2023, 12:00 PM
#7290
He is not entirely wrong. Here's a poll from the 992 GT3/3 RS forum: https://rennlist.com/forums/992-gt3-...-charging.html. Over 40% of the responders got their cars at no ADM. If you include those with only $10K over, the number is even higher.
However, all the current allocations have been spoken for. ADMs are mostly from flippers and second hand market. Rumor is that more allocations are coming, possibly even a 992.2 GT3, and if you are patient and lucky to get one likely it will be at MSRP.
Market for both cars is driven by demand and impatience. Also by ignorance. EBay sold a Porsche umbrella that would go into a cubby hole in the door jamb of a 996 for $200, when you could get one from Porsche for $30 at that time.
However, all the current allocations have been spoken for. ADMs are mostly from flippers and second hand market. Rumor is that more allocations are coming, possibly even a 992.2 GT3, and if you are patient and lucky to get one likely it will be at MSRP.
Market for both cars is driven by demand and impatience. Also by ignorance. EBay sold a Porsche umbrella that would go into a cubby hole in the door jamb of a 996 for $200, when you could get one from Porsche for $30 at that time.
unless you enriched the dealer in some other way or you have an agreement to sell it back to the dealer immediately upon delivery and make a buck, there has not been a RS sale at MSRP, no matter how many polls you show me, it did not happen