Notices
991 GT3, GT3RS, GT2RS and 911R 2012-2019
Sponsored by:
Sponsored by:
View Poll Results: Is the video right?
Video is right, price to stagnate or drop
56
63.64%
Video is wrong, price to keep raising
32
36.36%
Voters: 88. You may not vote on this poll

GT3 price speculation going forward

Thread Tools
 
Search this Thread
 
Old 01-26-2022, 01:12 AM
  #16  
Randy M
Drifting
 
Randy M's Avatar
 
Join Date: Oct 2002
Posts: 3,334
Received 711 Likes on 323 Posts
Default

Originally Posted by Zubehor
really 15 people so far think prices will continue to go up? i'm dying to hear the logic there, please share with the rest of us.
Inflation. Your dollar is worth less than it was yesterday and more than it will be tomorrow. Any past GT3 market, speculation or what have you has nothing to do with what the fed has done recently to decrease the value of the dollar.
Old 01-26-2022, 02:18 AM
  #17  
Zubehor
Instructor
 
Zubehor's Avatar
 
Join Date: Sep 2016
Location: Michigan
Posts: 193
Received 79 Likes on 42 Posts
Default

We've always had and will always have inflation, but oddly enough cars never appreciated in value before. But for the sake of argument let take the latest CPI data of 7% that justifies the 40-50% increase these cars have already seen? Has the dollar lost half its buying power? 70%? 80%? 90%?
Not to mention we will find out in 10 hours if the taper will end and rates go up in January (unlikely) or stay the course for first increase in march. One way or another rates are going up and inflation will be "transitory"
You can only blame the fed for so much, the rest is greed and stupidity. The car market is a joke the same way all the memes stocks from the late 2020 early 2021 (GME, AMC, NKLA, ETC)
The following users liked this post:
AlexCeres (01-26-2022)
Old 01-26-2022, 09:50 AM
  #18  
Maverick787
Nordschleife Master
 
Maverick787's Avatar
 
Join Date: May 2014
Posts: 5,298
Received 2,082 Likes on 1,006 Posts
Default

Not going to be a economic scientist, but I think you can’t discount the “Covid” impact the world financials are unstable. Look at it like this summer 2020 cars were all cheap, and yes GT cars on the used market were discounted or good finds MSRP people were losing jobs sh%t was closing people moving debt planning for the worst. Late mid-2021 hey “Covid” is over, I have all this vacation money and this I can have my life back ………cars, houses, boats are jumping like fish in a barrel with no bait.

Now you have more buyers in the market …….ummmmmm “Covid” is still here and frontline workers that make “stuff” cars, boats, food, shipping you get the point too much “WHIP” in queue to meet the demand. Sellers I lost my *** in 2020, and I need to recoup what I lost and I don’t know how much more supply I can get BOOM cheap money ADM cost you nothing to ask for it. Why I say this before I retired at 52, I sat at the table where we removed 20k workers off the books with 3B in retirement plans and early outs that were sweet. Year later demand went through the roof, and guess what we let 20k go because it was dooms day, and there’s not enough workers to get back to 2019 levels. Millions of US workers 4Q21 just said I don’t want to work, and I want more money or more work from home ……big companies have to lift and shift to change the work/life balance proposition. Can’t ignore what a 100 year pandemic has done to the financial ecosystem it’s broken, and hope we’re out of the woods soon. I do think many are buying at the peak like 2007/2008, and will be stuck holding the bag …..now guys with real money it’s a cold, and the fake money they will be selling if it gets bad because corporate financials are in the dumpster. This has nothing to do with the FED in my view no one alive has experience with a 100 year pandemic, and they’re throwing anything at they think will stick. I cashed out, and will watch from the sidelines, this is just my 2 cents as it feels like 2008 to me and I could be wrong?? Stock market is not a tool to gauge the economy look at Game Stock and a few other dumb companies worth billions, and a correction will right size the foolishness. By the way add ….I just watched this, and his timelines correlates to the up and down cycle of car pricing which falls in line with my Covid hypothesis. I actually enjoyed it and watched the full 16 minutes …….my theory when you buy cars call it sunk cost and your feelings don’t get hurt just don’t use your kids college fund on secondary toys.


Last edited by Maverick787; 01-26-2022 at 10:58 AM.
The following 2 users liked this post by Maverick787:
djcxxx (01-26-2022), RealityGT (02-01-2022)
Old 01-26-2022, 11:17 AM
  #19  
KOAN
Rennlist Member
 
KOAN's Avatar
 
Join Date: Jan 2002
Location: Ann Arbor, Michigan
Posts: 2,794
Received 159 Likes on 110 Posts
Default

I'm not a financial analyst, but I expect the current stock market correction will pull down GT car prices in the short term, and when chips and 992s and 718 GT4s become more available, the used market will adjust again.
Old 01-26-2022, 11:23 AM
  #20  
Ro_Ja Boy
Rennlist Member
 
Ro_Ja Boy's Avatar
 
Join Date: Jan 2008
Posts: 496
Received 245 Likes on 124 Posts
Default

In normal times, 70% of discretionary funds are used on entertainment, not goods (I know everyone is going to use the point that a GT3 is entertaining). With the majority of entertainment unable to be done (international travel is still very small, concerts, movies, etc), people have shifted their spend to goods. At some point, that shift will get back to some semblance of normalcy and goods will see a hit.
The following users liked this post:
parkway (01-29-2022)
Old 01-26-2022, 11:52 AM
  #21  
XLR82XS
RL Community Team
Rennlist Member
 
XLR82XS's Avatar
 
Join Date: Jul 2008
Location: FL | Vegas
Posts: 1,582
Received 676 Likes on 446 Posts
Default

1. It's only worth what someone will pay for it.
2. Supply and demand
Old 01-26-2022, 12:39 PM
  #22  
Airbag997
Rennlist Member
 
Airbag997's Avatar
 
Join Date: Aug 2016
Location: Phoenix
Posts: 1,142
Received 455 Likes on 239 Posts
Default

Reality is, these price/value threads exist because everyone wants a GT3. NA screamers are not going to be made anymore very soon. A GT3 is a long term, if not lifetime car. Value is immaterial for most "real" (not buying as an investment) buyers. I personally don't care what my GT3 is worth 2 or 10 years from now, because there is no substitute for a GT3 and life is short. If you can afford it, buy it.
The following 8 users liked this post by Airbag997:
davidbowers13 (01-26-2022), djcxxx (01-26-2022), dlrbnkr (02-01-2022), Franko T (01-26-2022), itrsteve (01-26-2022), Porsche911GTS'16 (01-26-2022), RDCR (01-26-2022), spyderbret (01-26-2022) and 3 others liked this post. (Show less...)
Old 01-26-2022, 05:23 PM
  #23  
bwhip
Rennlist Member
 
bwhip's Avatar
 
Join Date: Nov 2020
Location: Idaho, USA
Posts: 204
Received 604 Likes on 112 Posts
Default

All I know is, mine has been doing a lot better since November than my 401k. And it's way more fun to drive.
The following 5 users liked this post by bwhip:
17bhub (01-28-2022), 991C2S88 (01-31-2022), Airbag997 (01-26-2022), PorscheRuss (01-27-2022), s_earl1 (01-26-2022)
Old 01-26-2022, 05:31 PM
  #24  
lisocayman
Instructor
 
lisocayman's Avatar
 
Join Date: Jul 2012
Posts: 229
Received 39 Likes on 31 Posts
Default

I have always thought the angle of your avatar is the best angle of the 991.2 @bwhip , but after seeing the 992, maybe I love the front of mine as much as the rear not bagging on the 992 GT3, just finding the 991.2 GT3 is going to age well.
The following 6 users liked this post by lisocayman:
bwhip (01-26-2022), dlrbnkr (02-01-2022), Porsche911GTS'16 (01-27-2022), Randy M (01-26-2022), spyderbret (01-26-2022), s_earl1 (01-26-2022) and 1 others liked this post. (Show less...)
Old 01-26-2022, 06:42 PM
  #25  
s_earl1
Rennlist Member
 
s_earl1's Avatar
 
Join Date: Oct 2017
Location: Frisco, TX
Posts: 55
Received 81 Likes on 23 Posts
Default

Originally Posted by lisocayman
I have always thought the angle of your avatar is the best angle of the 991.2 @bwhip , but after seeing the 992, maybe I love the front of mine as much as the rear not bagging on the 992 GT3, just finding the 991.2 GT3 is going to age well.
This. I'm a little biased but I doubt prices are going to drop dramatically for the .2. And I don't think .1's coming out of warranty will have much effect on the .2 market.
The following 2 users liked this post by s_earl1:
Airbag997 (01-27-2022), spyderbret (01-26-2022)
Old 01-26-2022, 08:31 PM
  #26  
itrsteve
Burning Brakes
 
itrsteve's Avatar
 
Join Date: Oct 2011
Location: Raleigh
Posts: 1,009
Received 692 Likes on 384 Posts
Default

Originally Posted by lisocayman
I have always thought the angle of your avatar is the best angle of the 991.2 @bwhip , but after seeing the 992, maybe I love the front of mine as much as the rear not bagging on the 992 GT3, just finding the 991.2 GT3 is going to age well.
I think the 991.2 is the best rear of any GT3 and there is no logical reason I should like those black scoops either, but I can't help it. Now if they had only kept the front the way it was

The following users liked this post:
17bhub (01-28-2022)
Old 01-26-2022, 11:01 PM
  #27  
Drifting
Rennlist Member
 
Drifting's Avatar
 
Join Date: Oct 2013
Location: Rocky Mountains
Posts: 5,040
Received 1,198 Likes on 638 Posts
Default

Originally Posted by itrsteve
I think the 991.2 is the best rear of any GT3 and there is no logical reason I should like those black scoops either, but I can't help it. Now if they had only kept the front the way it was
agree the rear of the 991.2 is the best of any GT3.

However, I still prefer a monochromatic paint scheme and adjusted it on my .2, to match my previous .1


The following 4 users liked this post by Drifting:
911frostys (01-27-2022), bwhip (01-27-2022), JC Lacayo (02-01-2022), Porsche911GTS'16 (01-27-2022)
Old 01-27-2022, 12:34 AM
  #28  
bwhip
Rennlist Member
 
bwhip's Avatar
 
Join Date: Nov 2020
Location: Idaho, USA
Posts: 204
Received 604 Likes on 112 Posts
Default

I decided to blingify mine a bit



The following 3 users liked this post by bwhip:
Airbag997 (01-27-2022), Drifting (01-27-2022), spyderbret (01-27-2022)
Old 02-01-2022, 04:00 PM
  #29  
Perimeter
Rennlist Member
 
Perimeter's Avatar
 
Join Date: Nov 2013
Location: USA PNW + AZ
Posts: 3,714
Received 328 Likes on 219 Posts
Default

But more buyers and fewer speculators now are in the 991.2 GT3 market , so they conclude that prices should stabilize
Great presentation on opinion of where this model is in the market
Old 02-01-2022, 04:05 PM
  #30  
spyderbret
Rennlist Member
 
spyderbret's Avatar
 
Join Date: Dec 2006
Posts: 752
Received 630 Likes on 276 Posts
Default

Originally Posted by dbv1
Originally Posted by Maverick787
Originally Posted by Perimeter
But more buyers and fewer speculators now are in the 991.2 GT3 market , so they conclude that prices should stabilize
Great presentation on opinion of where this model is in the market
https://www.youtube.com/watch?v=GTV1qK8ZlZ0
A video so relevant it was posted 3 times in the same thread! I only watched it once myself.....


Quick Reply: GT3 price speculation going forward



All times are GMT -3. The time now is 01:26 AM.