Would you buy a 991.1 GT3 today?
#1
Would you buy a 991.1 GT3 today?
At what price savings would you buy a similarly equipped/miles 991.1 GT3 vs 991.2 GT3? Assuming the 991.1 is a 2015. My fear is after the powertrain warranty expires, the 991.1 is going to take a massive depreciation and be almost sale proof if the engine has not been replaced.
I currently have the option to purchase each at around a $40k delta. Again, both highly spec’d, under 10k miles.
I currently have the option to purchase each at around a $40k delta. Again, both highly spec’d, under 10k miles.
#2
Rennlist Member
At what price savings would you buy a similarly equipped/miles 991.1 GT3 vs 991.2 GT3? Assuming the 991.1 is a 2015. My fear is after the powertrain warranty expires, the 991.1 is going to take a massive depreciation and be almost sale proof if the engine has not been replaced.
I currently have the option to purchase each at around a $40k delta. Again, both highly spec’d, under 10k miles.
I currently have the option to purchase each at around a $40k delta. Again, both highly spec’d, under 10k miles.
#3
Race Car
Since you asked - There's no delta at which I'd buy a .1 GT3.
FWIW - IMHO this is a totally personal decision based purely on risk/reward and financial wherewith-all. This issues with the .1 are more or less well understood. And, those aside, the other advantages of the .2 are similarly understood.
FWIW - IMHO this is a totally personal decision based purely on risk/reward and financial wherewith-all. This issues with the .1 are more or less well understood. And, those aside, the other advantages of the .2 are similarly understood.
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#5
The rational answer to this question in terms of the price differential between the 991.1 and 991.2 strictly relating to engine failure should be equal to the expected value of the outcome. In other words:
Difference in probability of the bad outcome (engine failure) x net cost of the bad outcome
The net cost of the outcome will be the sum of the parts cost of the replacement engine plus labour and opportunity cost of your time plus diminished value of the car when the event happens.
This explains why the difference in price between the 991.1 and 991.2 will be worth it to some people and not others since the opportunity cost of dealing with an engine replacement will inevitably be different for different people.
Difference in probability of the bad outcome (engine failure) x net cost of the bad outcome
The net cost of the outcome will be the sum of the parts cost of the replacement engine plus labour and opportunity cost of your time plus diminished value of the car when the event happens.
This explains why the difference in price between the 991.1 and 991.2 will be worth it to some people and not others since the opportunity cost of dealing with an engine replacement will inevitably be different for different people.
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#6
Purchase a unit that has a "G" engine, which would be a '14, or '15, with a "G" replacement engine installed. Alternatively, (harder to find) purchase a '16 which came with the upgraded "G" engine if resale is your concern. If this keeps you awake at night, then skip the .1 and pay the premium for .2. IMHO, the price delta is an expensive sleeping pill!
Since you asked - There's no delta at which I'd buy a .1 GT3.
I figured that would be a possible response.
FWIW - IMHO this is a totally personal decision based purely on risk/reward and financial wherewith-all. This issues with the .1 are more or less well understood. And, those aside, the other advantages of the .2 are similarly understood.
I figured that would be a possible response.
FWIW - IMHO this is a totally personal decision based purely on risk/reward and financial wherewith-all. This issues with the .1 are more or less well understood. And, those aside, the other advantages of the .2 are similarly understood.
#7
Three Wheelin'
How much was the expected cost for the fix/solution that was close to being completed for the 991.1 engine?
Some shop was developing a fix until Porsche came out with the 10yr, so they shelved it.
Some shop was developing a fix until Porsche came out with the 10yr, so they shelved it.
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#10
I have a .1 and don’t worry about the engine. Every car forum i have been on makes a huge deal about every engine... I am not worried about it and think 40k is an astronomical for limited benefit. You will love it
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catdog2 (02-27-2021)
#11
Instructor
Is extended warranty available? This may be a much less expensive sleeping pill...
#13
I think 991.1 is a great deal especially now; just have a rainy day fund... biggest issue is resale value so if you get it at good price then do it..
What is the actual failure rate ? 20% 40% ? mileage-dependent?
It is sad that 991.1 GT3 appear to be apparently under-represented/repressed in this sub-forum, it's an amazingly good car
What is the actual failure rate ? 20% 40% ? mileage-dependent?
It is sad that 991.1 GT3 appear to be apparently under-represented/repressed in this sub-forum, it's an amazingly good car
Last edited by catdog2; 02-27-2021 at 02:56 PM.
#14
It’s Murphy’s Law. Since you are questioning the what if, you will blow your engine. Those who don’t wonder or question will keep thei4 engine. I had a 2015 GT3 and traded it in for a 2019 GT3 Touring, mainly because I worried about the what if... looking back now I look like a genius as my trade value was $128K and the Touring was list. People who think too much usually don’t sleep as well as those you don’t think at all.
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tonka24 (02-27-2021)
#15
I think 991.1 is a great deal especially now; just have a rainy day fund... biggest issue is resale value so if you get it at good price then do it..
What is the actual failure rate ? 20% 40% ? mileage-dependent?
It is sad that 991.1 GT3 appear to be apparently under-represented/repressed in this sub-forum, it's an amazingly good car
What is the actual failure rate ? 20% 40% ? mileage-dependent?
It is sad that 991.1 GT3 appear to be apparently under-represented/repressed in this sub-forum, it's an amazingly good car