The 991 GT3/RS Cars For Sale Thread...
12-29-2020, 02:55 PM
#886
Intermediate
it all depends. everyone is different. Having right color and options was more important to me, so i bailed on CPO. It would have been nice but its not a deal breaker for me. I'm of the belief the house always wins with these extended warranties so i don't like paying them. the chance of something catastrophic happening on a street driven GT3 is pretty minimal. same with a modern ferrari.... mclaren is a whole different story, i wouldn't own one without a warranty.
If i do have a $10k bill its gonna suck but who cares. You should at least have $10-20k saved away with a car like this anyway just for emergencies. I'd imagine some of the millionaires here just skip cpo entirely because even if there is a problem with the car it doesn't matter to them. compared to someone who is stretching themselves out to get one and a 10k hit will be hard on them and make the wife angry.
street vs track really just depends on how the car was maintained. i'm sure there are guys who only drive on the street and hit redline before the engine is warmed up to temp, and track guys who are OCD about maintenance and fully inspect their car every few months.
why do cars go so quick ? see above. Some people just have money to burn and there is a big demand with short supply on these cars right now. Some know they can flip rather quick and the risk is pretty low on a low mileage car. You can usually feel out the buyer with a phone call too and see if they know anything about the car or cars in general. You can ask them about warming up the car, break in procedure, DME readouts, if they know anything about the '991.1, 991.2, or upcoming 992' .
If i do have a $10k bill its gonna suck but who cares. You should at least have $10-20k saved away with a car like this anyway just for emergencies. I'd imagine some of the millionaires here just skip cpo entirely because even if there is a problem with the car it doesn't matter to them. compared to someone who is stretching themselves out to get one and a 10k hit will be hard on them and make the wife angry.
street vs track really just depends on how the car was maintained. i'm sure there are guys who only drive on the street and hit redline before the engine is warmed up to temp, and track guys who are OCD about maintenance and fully inspect their car every few months.
why do cars go so quick ? see above. Some people just have money to burn and there is a big demand with short supply on these cars right now. Some know they can flip rather quick and the risk is pretty low on a low mileage car. You can usually feel out the buyer with a phone call too and see if they know anything about the car or cars in general. You can ask them about warming up the car, break in procedure, DME readouts, if they know anything about the '991.1, 991.2, or upcoming 992' .
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JohnnyF1ve (12-29-2020)
12-29-2020, 03:01 PM
#887
I think a lot of the pristine cars (CPO at Porsche Dealer, desirable color/options) are already spoken for before they even arrive at the dealers. I've been checking the listings everyday and a Chalk WP showed up at Carlsbad, I inquired about the car just hours after it was listed and was told it was already on hold for one of their clients. It's like the "waiting list" all over again.
12-29-2020, 04:51 PM
#888
I hate to keep using your quote, but I had a question regarding miles on these cars. My understanding is that even if tracked... as long as a GT3 is maintained properly, if it was tracked or driven some miles it's probably not a big deal at all (some people swear it makes them drive "better" after tracking)... But either way, I feel like regardless if I pay $150k or $185k for a GT3, I should probably get a CPO on it, correct? From what I understand this is an extremely thorough porsche inspection -with- some sort of extended warranty. And I've seen people here on rennlist explain that the CPO saved them from transmission costs... simply because it was found on this inspection vs a ppi or inspecting it myself. In essence, I feel like getting a CPO or buying a car with a CPO is the best idea in addition to your point of "treat myself" (which I agree with!).
Do you agree? Do the other readers agree? I do NOT want to replace a $10k+ part within the first year of buying. And I'm not a seasoned race driver so I will be slowly warming myself up to this level of performance.
Do you agree? Do the other readers agree? I do NOT want to replace a $10k+ part within the first year of buying. And I'm not a seasoned race driver so I will be slowly warming myself up to this level of performance.
The CPO warranty is typically 2 years + unlimited mileage from the time you purchase it. I beleive its similar to the factory warranty but there are likely exclusions, as always. So yes, you might be on the hook to replace a $10k part if you have an issue and its a) not covered by CPO or b) dealer/Porsche deems that the car has been operated outside its warranty parameters or has been abused. Theoretically, this may include track use but I suspect if its a GT car, it should be covered if you have a good relationship with your dealer / are being honest about the issue (e.g. money shift blowing up mechanicals vs. a true transmission issue).
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JohnnyF1ve (12-29-2020)
12-29-2020, 07:37 PM
#889
Instructor
Some of these cars go in 20 minutes, an hour, a day, and I wonder how these people are confident that they can just seal the deal and write $180,000 check in 10 minutes. I feel that that is involved or similar to what you are saying regarding an informed purchase. can you help me understand how somebody can know in 30 minutes that they can sign all this money away without waiting on fancy inspections and stuff? I guess I just want to know because I would hate to lose the perfect car myself.
For me personally, if I find what I consider the perfect car and say it has less than 5,000 miles but it needs new tires, I don't really care I'll put the tires on it. I know they are expensive, but it's better than something like a transmission or something that is beyond wear and tear.
I figure look at the carfax, speak to the seller (although this is not gospel)... But other than that everything I can think about would take me days because I would want to see the car myself, have someone inspect it whether it's CPO or PPI...
For me personally, if I find what I consider the perfect car and say it has less than 5,000 miles but it needs new tires, I don't really care I'll put the tires on it. I know they are expensive, but it's better than something like a transmission or something that is beyond wear and tear.
I figure look at the carfax, speak to the seller (although this is not gospel)... But other than that everything I can think about would take me days because I would want to see the car myself, have someone inspect it whether it's CPO or PPI...
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JohnnyF1ve (12-30-2020)
12-29-2020, 08:06 PM
#890
Yes, find a car with CPO. It will be at a premium to a non-CPO car obviously so be prepared for the higher sticker price
The CPO warranty is typically 2 years + unlimited mileage from the time you purchase it. I beleive its similar to the factory warranty but there are likely exclusions, as always. So yes, you might be on the hook to replace a $10k part if you have an issue and its a) not covered by CPO or b) dealer/Porsche deems that the car has been operated outside its warranty parameters or has been abused. Theoretically, this may include track use but I suspect if its a GT car, it should be covered if you have a good relationship with your dealer / are being honest about the issue (e.g. money shift blowing up mechanicals vs. a true transmission issue).
The CPO warranty is typically 2 years + unlimited mileage from the time you purchase it. I beleive its similar to the factory warranty but there are likely exclusions, as always. So yes, you might be on the hook to replace a $10k part if you have an issue and its a) not covered by CPO or b) dealer/Porsche deems that the car has been operated outside its warranty parameters or has been abused. Theoretically, this may include track use but I suspect if its a GT car, it should be covered if you have a good relationship with your dealer / are being honest about the issue (e.g. money shift blowing up mechanicals vs. a true transmission issue).
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JohnnyF1ve (12-30-2020)
12-29-2020, 09:12 PM
#891
I hate to keep using your quote, but I had a question regarding miles on these cars. My understanding is that even if tracked... as long as a GT3 is maintained properly, if it was tracked or driven some miles it's probably not a big deal at all (some people swear it makes them drive "better" after tracking)... But either way, I feel like regardless if I pay $150k or $185k for a GT3, I should probably get a CPO on it, correct? From what I understand this is an extremely thorough porsche inspection -with- some sort of extended warranty. And I've seen people here on rennlist explain that the CPO saved them from transmission costs... simply because it was found on this inspection vs a ppi or inspecting it myself. In essence, I feel like getting a CPO or buying a car with a CPO is the best idea in addition to your point of "treat myself" (which I agree with!).
Do you agree? Do the other readers agree? I do NOT want to replace a $10k+ part within the first year of buying. And I'm not a seasoned race driver so I will be slowly warming myself up to this level of performance.
Do you agree? Do the other readers agree? I do NOT want to replace a $10k+ part within the first year of buying. And I'm not a seasoned race driver so I will be slowly warming myself up to this level of performance.
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JohnnyF1ve (12-30-2020)
12-30-2020, 03:42 PM
#893
There’s over 35 cars for sale ......all trades don’t go to Porsche when trading for another brand. Several sitting at Mclaren and 1 I saw at a Lambo dealer. Some decent specs out there for those interested.
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JohnnyF1ve (12-30-2020)
12-30-2020, 03:44 PM
#894
I have to imagine the market will saturate a bit when the 992 becomes available..
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JohnnyF1ve (12-30-2020)
12-30-2020, 03:45 PM
#895
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JohnnyF1ve (12-30-2020)
12-30-2020, 03:53 PM
#896
Rennlist Member
Car seems like a deal at that price. I imagine if it wasn't Orange they would have sold it long ago. It has been sitting on there lot for a while.. Price has been adjusted a few times
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JohnnyF1ve (12-30-2020)
12-30-2020, 03:55 PM
#897
best deals can be had at non-brand dealerships I find, someone traded up and possibly took a bath on the trade while the dealer is playing with house money.
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JohnnyF1ve (12-30-2020)
12-30-2020, 04:16 PM
#898
Originally Posted by EmpireGT3
Car seems like a deal at that price. I imagine if it wasn't Orange they would have sold it long ago. It has been sitting on there lot for a while.. Price has been adjusted a few times
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JohnnyF1ve (12-30-2020)
12-30-2020, 04:33 PM
#899
nice spec for sure ....I think lava orange people got tired of it sort of like lizard green. Launch colors are cool, but they’re all over. I like both colors, but can grow old if your primary car.
Last edited by Maverick787; 12-30-2020 at 04:34 PM.
12-30-2020, 05:13 PM
#900
Rennlist Member
Haha, 3rd time that L.O. has made this thread. I've seen the car in person while looking at their 675LT.... exterior looks great.
Agree that it's probably the best deal on any 991.2 GT3, especially if L.O. is a color they like.
Agree that it's probably the best deal on any 991.2 GT3, especially if L.O. is a color they like.