991.1 GT3 value after the 10yr engine warranty ends
#241
IMO the values will definitely take a hit starting around 2023-24 when the warranty end is coming up on a lot of these cars. When I bought my GT3 it was one of the main reasons I got it, other than it being one of the best cars ever made. The warranty was major peace of mind on such an expensive engine.
I say this owning a .1 GT3.
#242
My warranty is up this Labor Day, which is the day after our next two-day track event at VIR Full course! I bought the car right, almost 2 years ago. I have driven it a few thousand miles on track and off track (I have put about 15K miles on it, changed the oil 6 times and trans/diff fluid 3 times) and its G6 engine is approaching 40K miles. Every time I drive it, I have a smile on my face. Every time I park it I look back and take a good look at it. Awesome car.
Ask your Porsche service advisor to print out the in service date sheet with the specs. It has the warranty start date.
The following 2 users liked this post by konrad h1:
Indyxc (08-15-2024),
SterlingatBOM (08-15-2024)
#245
CPO
This may seem to be a dumb question, but would a 991.1 GT3 outside of the 10yr engine replacement warranty still be covered if the car is purchased CPO'd from the Porsche dealer? If so, then negotiating for an extra year of CPO to make it 3 years of coverage or just pay outright for it would make sense for peace of mind.
#246
Ironically I just asked this question today at my dealership and I was told "yes, CPO would cover these engine failures and they would replace entire engine under warranty throughout the CPO period". Definitely a good argument for the 3 year CPO term, and I think a boon for dealers as they will scoop up these 991.1 GT3s at a discount and then resell them w/ the CPO warranty at an elevated premium.
#247
Rennlist Member
This may seem to be a dumb question, but would a 991.1 GT3 outside of the 10yr engine replacement warranty still be covered if the car is purchased CPO'd from the Porsche dealer? If so, then negotiating for an extra year of CPO to make it 3 years of coverage or just pay outright for it would make sense for peace of mind.
#249
4 more months before the engine warranty is over and if anything happens it will cost over $70K for engine replacement. The past 3 months I definitely see more and more 991.1 GT3 selling for around $100-110K range..so value has dropped because of the 10yr warranty is up soon!!
Would you guys still buy a 991.1 GT3 right now?
Would you guys still buy a 991.1 GT3 right now?
#250
Rennlist Member
4 more months before the engine warranty is over and if anything happens it will cost over $70K for engine replacement. The past 3 months I definitely see more and more 991.1 GT3 selling for around $100-110K range..so value has dropped because of the 10yr warranty is up soon!!
Would you guys still buy a 991.1 GT3 right now?
Would you guys still buy a 991.1 GT3 right now?
#251
I am hearing mixed things about all the 2016 RS models not having these same engine issues - but then some of them seem to have G0 serial numbers…so which is true? I think it was Preuninger I heard say they fixed it before the RS 991.1 came out??
#252
4 more months before the engine warranty is over and if anything happens it will cost over $70K for engine replacement. The past 3 months I definitely see more and more 991.1 GT3 selling for around $100-110K range..so value has dropped because of the 10yr warranty is up soon!!
Would you guys still buy a 991.1 GT3 right now?
Would you guys still buy a 991.1 GT3 right now?
The following users liked this post:
Indyxc (08-26-2024)
#253
Rennlist Member
G0 after 5373 serial is a G6, before that is a G6 except it does not have DLC cams. With lowered rpm, higher oil pressure, more oiling, etc the wear is a lot less, not likely to impact the average owner.
#254
Rennlist Member
#255