Looking for collective wisdom on buying a 991.1 GT3 (2015)
07-08-2021, 12:41 AM
#1
Rennlist Member
Thread Starter
Looking for collective wisdom on buying a 991.1 GT3 (2015)
Currently negotiating on a 2015 991.1 GT3.
White, black center locks, obviously a pdk, front axel lift, some other goodies, 34k miles, msrp 147. Warranty (engine) until 2025.
We’ve agreed on 126k which includes covered shipping from MA to CA. Financing is $0 down, 1.9% interest. Buying from a Maserati dealership. We should close tomorrow. I’m feeling good about it, but would like the collective wisdom of the Rennlist team in case I’m missing something. I can afford the car, but I’m usually against putting any money into any asset that doesn’t give me a return.
but, maybe all this is neither here or there. Owned a 987 Spyder and a 993 carrera, and I miss having a Porsche for track and moto X days.
Is this car a ‘good’ deal? It’s definitely cheaper than most 991.1s out there, but I don’t have a sense of where this car was a year ago. I can tell that of all the GT3s, the 991.1s have a appreciated the least, probably because of the engine issues.
Thanks in advance!
White, black center locks, obviously a pdk, front axel lift, some other goodies, 34k miles, msrp 147. Warranty (engine) until 2025.
We’ve agreed on 126k which includes covered shipping from MA to CA. Financing is $0 down, 1.9% interest. Buying from a Maserati dealership. We should close tomorrow. I’m feeling good about it, but would like the collective wisdom of the Rennlist team in case I’m missing something. I can afford the car, but I’m usually against putting any money into any asset that doesn’t give me a return.
but, maybe all this is neither here or there. Owned a 987 Spyder and a 993 carrera, and I miss having a Porsche for track and moto X days.
Is this car a ‘good’ deal? It’s definitely cheaper than most 991.1s out there, but I don’t have a sense of where this car was a year ago. I can tell that of all the GT3s, the 991.1s have a appreciated the least, probably because of the engine issues.
Thanks in advance!
Last edited by rohitgarewal; 07-08-2021 at 01:30 AM. Reason: Removed some financial background
07-08-2021, 12:44 AM
#2
RL Community Team
Rennlist Member
Rennlist Member
Currently negotiating on a 2015 991.1 GT3.
White, black center locks, obviously a pdk, front axel lift, some other goodies, 34k miles, msrp 147. Warranty (engine) until 2025.
We’ve agreed on 126k which includes covered shipping from MA to CA. Financing is $0 down, 1.9% interest. Buying from a Maserati dealership. We should close tomorrow. I’m feeling good about it, but would like the collective wisdom of the Rennlist team in case I’m missing something. I can afford the car, but I’m usually against putting any money into any asset that doesn’t give me a return. I try not to get attached to toys, so potentially both this car and my model X will be on Turo (I work from home).
FWIW, im low on investment cash right now, mainly because we’ve purchased four investment homes in the past 2 years, and I’m plowing the cash flow from those back into more purchases. Big bonus in December should refresh the coffers.
but, maybe all this is neither here or there. Owned a 987 Spyder and a 993 carrera, and I miss having a Porsche for track and moto X days.
Is this car a ‘good’ deal? It’s definitely cheaper than most 991.1s out there, but I don’t have a sense of where this car was a year ago. I can tell that of all the GT3s, the 991.1s have a appreciated the least, probably because of the engine issues.
Thanks in advance!
White, black center locks, obviously a pdk, front axel lift, some other goodies, 34k miles, msrp 147. Warranty (engine) until 2025.
We’ve agreed on 126k which includes covered shipping from MA to CA. Financing is $0 down, 1.9% interest. Buying from a Maserati dealership. We should close tomorrow. I’m feeling good about it, but would like the collective wisdom of the Rennlist team in case I’m missing something. I can afford the car, but I’m usually against putting any money into any asset that doesn’t give me a return. I try not to get attached to toys, so potentially both this car and my model X will be on Turo (I work from home).
FWIW, im low on investment cash right now, mainly because we’ve purchased four investment homes in the past 2 years, and I’m plowing the cash flow from those back into more purchases. Big bonus in December should refresh the coffers.
but, maybe all this is neither here or there. Owned a 987 Spyder and a 993 carrera, and I miss having a Porsche for track and moto X days.
Is this car a ‘good’ deal? It’s definitely cheaper than most 991.1s out there, but I don’t have a sense of where this car was a year ago. I can tell that of all the GT3s, the 991.1s have a appreciated the least, probably because of the engine issues.
Thanks in advance!
This, I need to see.
07-08-2021, 12:53 AM
#3
Rennlist Member
The car doesn't sound like a terrible deal considering what they're asking for nowadays, but I would never Turo a GT3 to help justify its existence. I'm not sure of what you're afraid of the most, the depreciation, other investments, or whatever, but buy a GT3 to drive and enjoy it yourself - if you get attached to it, then all the better IMO.
Last edited by Jickel180; 07-08-2021 at 12:56 AM.
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JlewGt3 (07-14-2021)
07-08-2021, 01:10 AM
#4
Rennlist Member
The car doesn't sound like a terrible deal considering what they're asking for nowadays, but I would never Turo a GT3 to help justify its existence. I'm not sure of what you're afraid of the most, the depreciation, other investments, or whatever, but buy a GT3 to drive and enjoy it yourself - if you get attached to it, then all the better IMO.
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JlewGt3 (07-14-2021)
07-08-2021, 02:31 AM
#6
Rennlist Member
I think the miles are a bit high, but you do have the warranty. Really comes down to condition, make sure you get good pictures and make sure it has no paint work.
End of the day its a not a car, but a TOY. You want to live your life always doing the right thing, go take that down payment and invest it in XYZ so one day it can be 10x and you'll be old, too tired to even take it out.
If you can afford it, buy one even if 10K over because you live Today. If you cannot afford it, continue looking
End of the day its a not a car, but a TOY. You want to live your life always doing the right thing, go take that down payment and invest it in XYZ so one day it can be 10x and you'll be old, too tired to even take it out.
If you can afford it, buy one even if 10K over because you live Today. If you cannot afford it, continue looking
07-08-2021, 05:29 AM
#7
Have it inspected
Check wheel alignment
Check wheel alignment
Last edited by groundhog; 07-08-2021 at 05:31 AM.
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07-08-2021, 07:58 AM
#8
Rennlist Member
Thread Starter
Does it have to be a Porsche PPI? Im buying this from a dealership that bought the car at an auction. They did the following:
“hi Rohit, the engine was changed and is has a warranty for 10 yrs good through 2025. The following work was done here: oil change, front pads and rotors, driver's front door seal replacement, front lip, blower motor controller/resistor replacement, coolant cap.”
“hi Rohit, the engine was changed and is has a warranty for 10 yrs good through 2025. The following work was done here: oil change, front pads and rotors, driver's front door seal replacement, front lip, blower motor controller/resistor replacement, coolant cap.”
07-08-2021, 08:08 AM
#9
I saw the photos of the car from the maserati dealer up in Boston, the rotors look like after market, eg:giro, they don't look stock, I would ask that question, The ppi should be from a porsche dealer in my opinion, it looks like a nice car for a decent price in the crazy market. buy it and enjoy it! you can always get a warranty from porsche or 3rd party for 3-6 k depending on the level.
07-08-2021, 09:54 AM
#10
Burning Brakes
While I'd love to hate on the Turo route, you could have that thing pay for itself in very short order.
Also - what a way to ensure you'll get the good replacement engine.
Also - what a way to ensure you'll get the good replacement engine.
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07-08-2021, 02:58 PM
#12
Race Director
That is a lot of car for the money but doing a PPI would be the safest route imo.
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slipaway37 (07-10-2021)
07-08-2021, 03:18 PM
#13
Rennlist Member
Thread Starter
What we've agreed to in the purchase agreement is that I will do the PPI once I receive it, and they will cover the cost of any items that the PPI turns up.
07-08-2021, 03:19 PM
#14
Rennlist Member
Thread Starter
I saw the photos of the car from the maserati dealer up in Boston, the rotors look like after market, eg:giro, they don't look stock, I would ask that question, The ppi should be from a porsche dealer in my opinion, it looks like a nice car for a decent price in the crazy market. buy it and enjoy it! you can always get a warranty from porsche or 3rd party for 3-6 k depending on the level.
Great catch. They actually did tell me they (the dealership) replaced the rotors.
07-08-2021, 04:26 PM
#15
Rennlist Member
Good luck with that approach. I am a big believer in the pre part of the PPI, fighting a dealership post sale for issues found by another dealership sounds like a very risky strategy to me.
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