ferik

Hi all,

starting in late November 2022, I started for the second time in 2 years looking at 991.2 Touring, hoping to find one I could afford with a good mix of desirable options (2-3 of PCCB/Bucket/FAL/CPO/Nice Interior). As I conclude my search, I thought it might be helpful to share the 30 or so cars that I had been tracking for a few months. I thought it especially important when there are pre-owned car dealers like pcarautogallery.com/AllThingsPorsche that will spread FUD saying there are only 2-3 Tourings available in the whole country and call me a liar when I said I was looking at about 26 of them.

It's an interesting time in the market because a lot of dealers bought Tourings (and other cars) at a market high and are not finding themselves very much underwater as the market has already shifted and some nice examples have sold recently on BaT for under $200k and 3-4 cars have been sold by dealers around $190k. Yet most cars on the list are still priced well over $210k, showing that those dealers are still resisting the market forces and not bulging much in prices yet. I think that by early to mid-February they will have to unless they want their car to sit another 8 weeks until mid-spring. They'll want to move inventory and get rid of cars sitting on the lots that they're paying interest on that are becoming hard to bear after sitting for 2+ months.

Note I didn't include every Touring on the market as 3-4 cars were just way outside of my budget with no chance of landing anywhere close.

Anyway, if you're looking to buy a Touring, I hope this spreadsheet will be useful to you (though it will quickly become obsolete). Feel free to ask any questions about the cars I looked into, the conversations I've had.

jp884

Thanks for sharing, I wonder if the dealers are holding out for spring where people are anxious to buy again vs taking a haircut now when you could have potentially sold for a lot more in just a few months. A lot of work went into this spreadsheet. Hopefully you find your car for all of your effort. The car is worth every penny. Didn’t Porsche have an old advertisement once that said: If you don’t want to buy a Porsche don’t drive one. That certainly can be said for the touring.

Richard_Wallace

Interesting... Another tool you can use, if you don't already is Classic.com

Whenever I am looking for something (new toy) or have one already - I typically follow the market for my particular cars.

Take a look if you haven't. Also helps me find dealers for whatever I might be looking at that I may not be aware of, or upcoming auctions, etc.

https://www.classic.com/m/porsche/91...2/gt3/touring/

Perimeter

I sold my touring last summer when I saw the writing in the wall.
You captured it on your list but the price has since been lowered $10k and the indie dealer is now underwater, Touring is still unsold.

ferik

@Perimeter , I imagine it's the case for a bunch of them, yeah. Is your car on that list? I always wondered if I captured every GT3 Touring from late Nov to early Jan (I stopped updating the list recently)

@Richard_Wallace I did look at classic.com, it didn't feel it was comprehensive or very up-to-date and it's hard to account for the large variation of MSRP ($40k+ not counting the crazy customizations). I bet it's much more useful for classic cars, pre 2000.

@jp884 Thank you, yes, it was a lot of work. With the arrival of the 992 GT3RS, the GT4RS, GT3 winged, and touring coming down eventually I don't know that the 991.2 market is going to re-heat much though. I feel it's currently priced at $30k above what it was in Jan 2021 (where I first looked at getting one) but probably about $20k above what cars are actually selling at. There are also many more 991.2 Touring available for sale in the past 60 days (~30) than there were in Jan 2021 (probably less than 10) though obviously, the 5-12k miles are more common now.

jp884

It would be interesting to see how many 992 tourings are for sale thus far, with more slated to be built.

ferik

@jp884 and to see if they'll still command a $100k+ markup over MSRP for much longer. I personally prefer the winged 992 GT3 to its touring brethren. Though watching the reviews of the 992 Touring (including Chris Harris), it seems the 992 Touring isn't as fun as the 991.2 Touring was. Looks like Chris H. will be holding on to his yellow car despite having a 992 Touring.

Guaji

I was looking at a Touring for sale at Porsche of Austin. It has just over 5000 miles and has the three things that I would want, being FAL, LWBS, PCCBs. Don’t care much for the red dials (had a 911 before with them) nor the red stripe on the wheels but not a dealbreaker. They are asking $229k and willing to deal. However, it has what looks like a “gash” on the lower bumper below the PPF that they will repair but they didn’t say how. That and the worn appearance of the front splitter turned me off. Maybe just me, but it made me question how the previous two owners cared for it. It had hundreds of range 1-3 over revs but nothing more than that.

I didn’t see the car in person, only photos. At that asking price I would have expected it to be presented in better condition, such as a new splitter. They were upfront about the cosmetic damage on the lower bumper.

rk-d

I'm the same - I actually prefer the looks of the winged GT3 to the Touring in the 992 generation. The 992 clamshell spoiler is not great looking.

ferik

@Guaji I think you're looking at the right thing. Unfortunately with some of these cars having 3-4 owners each putting a few thousand miles at most, you never know who drove it before you. Minor body issues though are easy to fix if they're not leftovers from bigger accidents. I'd be more worried about the overrevs but it seems you had looked at that.

jp884

Add me to that camp. I will not be selling my Touring anytime soon if ever, and in fact with time I think the 991.2 will be sought over the 992's, with fewer being made. But that is just one mans opinion. If you didn't want to spend the 911r prices the 991.2 was a wonderful substitute.

RudyP

Interesting... I'm 50/50 on 991.2 vs. 992.1 GT3T. I think if I could straight trade for one I could order I would - but that's at least in large part due to the fact that my 991.2 I bought used and it isn't exactly the configuration I would have chosen. But no way would I trade mine + $50K+ (probably $100K still) for a 992 GT3T. e

Trj

Im in the market as well for a regular 991.2 gt3 or rs. All numbers seem to be adjusting but still a lot of really high numbers out there. I would also go for a 992 gt3. Tough market to read but you are right.

fractionofawhole

I'm assuming you're talking about the one at Porsche of South Austin, as I don't see any Tourings at Porsche of Austin. Both dealerships typically send cars to Berli's body & fine auto finishes for body work and it would be worth asking them if that's who would be doing the bumper repair or not. I wouldn't sweat the front splitter. It's a few hundred bucks and 30 mins of time to replace. It's a consumable and should be treated as such. I bought a 2019 Chalk Touring back in September with 4,000 miles on it for $204k. The only real difference between this car and mine is this one is 1 year older, has 1k more miles, and has PCCBs, which certainly don't add up to a $25k increase in price.

If you still have any interest in that car and you're not local I'm happy to go check it out in person for you. Dealership isn't far at all from me. Shoot me a message if you like.

The best looking 992 Touring is a winged GT3 with the wing removed. Looks 100x better than the actual Touring.

Guaji

Thanks for the offer, but I think I’m going to pass on that one.