blabus

Title mostly says it, I'm looking to pick up a 991.2 GT3 with PDK (just standard, no RS, no Touring). There seems to be a lack of availability in the market at the moment, which I'd imagine is due to general lack of supply given COVID and maybe 992 GT3 delays as well? What I'm wondering is, what will the 992 GT3 release do to the 991.2 preowned market? My first guess is that many more cars will flood the market (and thus prices will drop) as owners upgrade to the 992, which makes me inclined to wait to purchase until then. However, I do have some minor fears around the 992 GT3 being poorly received and causing a run on 991.2s. I'm not sure what this could be, and it seems unlikely, but one could imagine a similar situation to the 718 GT4/Spyder where the GPFs result in a drastically inferior exhaust note, for example.

Anyone have any thoughts on how the 992 release will affect the 991.2 market, and any advice for whether to buy now or wait until after release?

JesseRohr

My hope is that it mimics the results of the 997 market after the release of the 991 and present day.

fastmd

It may go up.

it may go down.

how long do you want to wait?

horns

Nobody likes losing 10 or 20k, but if losing that amount is a concern, I would say wait. I expect there will be a lot of 992 GT cars, and there are only so many people that really want these cars. By that I mean there are a lot of people that are in the cycle of just having the latest, shiniest GT car, so today's version will be old news as soon as they can jump into the newest iteration. I expect more 991 cars to come available as people look for their next high. If I'm wrong and prices hold up, you can always buy one down the road. If 10-20k one way or the other doesn't matter to your situation, buy now and enjoy. Tomorrow isn't guaranteed.

991C2S88

I’m curious how long it will take for the used 992 RS to be readily available at below MSRP similar to our current market.

midwesterner

Also remember that the new 992 GT cars will be far more expensive with a higher base msrp. This may help the 991 market retain their values.

Porsche911GTS'16

I agree with midwesterner. The stripper 991.2 GT3 was $143,600. I'd be surprised if the stripper 992 GT3 is less than $155,000. A well spec'd 992 GT3 (buckets, PCCBs at a minimum) will easily be in the $180,000 range, before taxes (9% here in CA) and before gas guzzler, delivery fee, etc.

All of the sudden, a pre-owned 991.2 GT3 may sound like a "value proposition" compared to the 992. Time will tell.

ipse dixit

Buy now.

You could be dead by the time the 992 GT3 arrives.

Deven

I think Porsche finally listened to part of its enthusiast base and produced a car that satisfied on multiple levels with the 991.2. They made the touring, that for all intensive purposes is the 'real' evolution of the 997, with all the performance one wants and all the modern amenities required in the 21st century. They also agreed to drop a real manual transmission in the car, and gave it their most modern motorsport engine that probably is better than the 4.0 in the 991.1 RS and R (yes I said it ). Thus they made the 'perfect' car for a subset of enthusiasts and made a lot of them.

Thus, what is it about the 992 that will be a game changer? Sure, everything about it will probably be better, and thus some people will want to upgrade, but I think that the 991.2 will probably remain in that 'sweet spot'. Relative bargain compared to new (most 2 year old cars are garage queen's with low miles, highly optioned, and maybe even PTS), probably pampered (full PPF, tint, maybe even some tasteful mods), and selling at least 10-15% off MSRP. and no ADM's (which will be a given with the 992).

Like with the 991, unless you are a VIP, or willing to pay significant ADM's, I doubt the average enthusiast will be able to sniff a 992 GT3 till 2022 at the earliest. Why wait?

R35driver

i would just buy now. you might eat some more depreciation, but on the flip side if you dont buy and wait for a 992, you might have to pay some ADM to get a build spot. Or have to wait and by the time you get your 992.1... the 992.2 will be announced with some fancy new option and will make the .1 cars depreciate.

i'd imagine the depreciation of going from a 991.1 to a 992.1 (being an early adopter of the shiny new generation) is about the same as going from a 991.2 to a 992.2 (being a late adopter, and getting the best spec of the generation) ???

blabus

Interesting thoughts, thanks all! Regarding buying now, it's not so much the depreciation that's the issue, but the lack of supply- I'm having a hard time finding a spec that I like. Is there a secret spot to look for used Porsches for sale? Autotrader only shows 49 991.2 GT3s listed for sale in the U.S.

Jpacione

The marketplace here on rennlist is the obvious one, and also check pca.org (Porsche club of America). Relatively much fewer out there than a few months ago though. Goes in cycles.

JC Lacayo

I agree there will be more 991.2 available when the 992 Gt3 comes out. I bet the 992 will have more options (Touring, rear seats maybe, electronic gizmos) and higher base price. They will probably produce more than 9520 examples, too. Porsche isn't going to leave money on the table.

I wanted to spec my own 992, but the local dealer said build slots are first offered to those who buy new cars from them all the time (sometimes 50 cars; I only bought a CPO suv from them and serviced my other two Pcars w them, too) and recommended I buy a used GT3 from them "to move up the list" but they never have one--so that day I checked across the country and bought one close to what I would have wanted. I also checked out used luxury/brokers with good reputations.
I had some prerequisites: FAL, ext fuel tank, pdk, less than average color, clean Cfax. Seats and radio I didn't care about.
You're not going to lose that much by getting one now and enjoying it with factory warranty. Of course, with patience, you can get very close to what you wanted.

usrodeo4

+1...excellent analysis and summation.
I for one have my fingers crossed that my 991.2 GT2 car is the last w/o electric helpers, which would do wonders to the collectability.

KA 991 GT3

It took me weeks to find mine. There were only two in the state of Texas and I ended up snagging the last one (as of last Friday). The supply is really low on a lot of hot cars right now. I used Cars.com as I have for the last 15+ vehicles I purchased.