Quick help please. What is fair price on used 2014 GT3?
01-23-2015, 11:00 AM
#31
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I think this is a pretty simplified view, how many do you think are spec'd at $135k msrp? Take a look at the rennlist thread on the topic.
So assume a $145k is average base, based on my estimate would sell for $125k to $135k in 3 to 6 months.
Would you rather spend $100k on a brand new GT4, $135k on a used GT3 (which potentially needs new rotors, tires etc depending on track history) or try to find an RS slot as per usual a lot of people will back out or buy it and want to get out due to the more hardcore nature of the car. There will be a lot of choices in that timeframe which will impact values.
This is before you even factor in the other choices from other brands that are coming to the market.
So assume a $145k is average base, based on my estimate would sell for $125k to $135k in 3 to 6 months.
Would you rather spend $100k on a brand new GT4, $135k on a used GT3 (which potentially needs new rotors, tires etc depending on track history) or try to find an RS slot as per usual a lot of people will back out or buy it and want to get out due to the more hardcore nature of the car. There will be a lot of choices in that timeframe which will impact values.
This is before you even factor in the other choices from other brands that are coming to the market.
Mine was $140K with track seats, track app, Nav, and red belts. I could be wrong, but I don't see the value dropping below $125K or $130K in 3 to 6 months. OTOH, a heavily optioned car with lots of leather, ceramics, etc. that was $160K might sell for closer to $135K, as you suggest.
Regarding GT4 versus GT3, I think we need to see how the GT4 pans out in terms of features and how much people like it. Manual-only would be a positive for some, but a negative for others, including those who've experienced the PDK in the GT3 and no longer want to go back to manual. Other factors in favor of the GT3 are the extra ~100 hp, and the general popularity of the 911 over the Cayman.
The GT4 appeals to me a lot, but since I already have the GT3 and love it (so far), it would take a lot for me to replace the GT3 with a GT4 at this point. And while I'd love to have both, that's a bit too indulgent for me ... wait, maybe I can convince the wife to replace the Cayman R with a GT4!
01-23-2015, 01:49 PM
#32
Rennlist Member
Well, this is really a tough one. I think if you like the specs and the title is not tainted than go for it. Also, I do not know your financial position because that would also be a factor.
Or - you can stay in touch with this forum and when the RS comes out you can buy one from some one on here and get a very good used 2014/15 with low mileage at what ever the market will bare at the time.
Or - I do not know is Nick has sold his white 2014 with 1500 miles but that may also be an option because you know it has been babied and its history
Or - you can stay in touch with this forum and when the RS comes out you can buy one from some one on here and get a very good used 2014/15 with low mileage at what ever the market will bare at the time.
Or - I do not know is Nick has sold his white 2014 with 1500 miles but that may also be an option because you know it has been babied and its history
for substantially below MSRP. I am listing my car for almost $5,000 less than what I paid for it in August.
Those that believe the 2014 GT3 will suffer huge depreciation are dreaming. This car is one of the last none aspirated track cars Porsche will build. It is identical to the 2015 but has a better warranty. That alone increases the value of the 2014 by several thousand dollars.
01-23-2015, 03:03 PM
#33
Rennlist Member
I have not sold mine. FWIW, I am getting some crazy offers
for substantially below MSRP. I am listing my car for almost $5,000 less than what I paid for it in August.
Those that believe the 2014 GT3 will suffer huge depreciation are dreaming. This car is one of the last none aspirated track cars Porsche will build. It is identical to the 2015 but has a better warranty. That alone increases the value of the 2014 by several thousand dollars.
for substantially below MSRP. I am listing my car for almost $5,000 less than what I paid for it in August.
Those that believe the 2014 GT3 will suffer huge depreciation are dreaming. This car is one of the last none aspirated track cars Porsche will build. It is identical to the 2015 but has a better warranty. That alone increases the value of the 2014 by several thousand dollars.
01-23-2015, 03:55 PM
#34
Rennlist Member
01-23-2015, 06:06 PM
#35
01-23-2015, 09:14 PM
#37
Pro
Thread Starter
By asking what I should pay below msrp, I don't want to suggest that 2014 GT3's should suffer horrible depreciation compared to a 2015. They are essentially the same car.
But I don't think it makes sense to pay msrp for a 2014 when 2015's are available for msrp. In a few years time there is likely to be a natural $5000-$10000 difference between the two model years, perhaps more if the title says it's a lemon law buy back.
It appears that the car I am interested in, at least according to the dealer, has a clean title. My next step is a road trip to drive it. No point in making offers until I know for sure whether I want it........Thanks again for everybody's help.
But I don't think it makes sense to pay msrp for a 2014 when 2015's are available for msrp. In a few years time there is likely to be a natural $5000-$10000 difference between the two model years, perhaps more if the title says it's a lemon law buy back.
It appears that the car I am interested in, at least according to the dealer, has a clean title. My next step is a road trip to drive it. No point in making offers until I know for sure whether I want it........Thanks again for everybody's help.
01-23-2015, 10:56 PM
#38
Rennlist Member
By asking what I should pay below msrp, I don't want to suggest that 2014 GT3's should suffer horrible depreciation compared to a 2015. They are essentially the same car. But I don't think it makes sense to pay msrp for a 2014 when 2015's are available for msrp. In a few years time there is likely to be a natural $5000-$10000 difference between the two model years, perhaps more if the title says it's a lemon law buy back. It appears that the car I am interested in, at least according to the dealer, has a clean title. My next step is a road trip to drive it. No point in making offers until I know for sure whether I want it........Thanks again for everybody's help.
01-24-2015, 12:33 AM
#39
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Porsche of Colorado Springs has a used 2014 GT3 in Guards Red with only 35 miles on it. It's optioned with PCCB's and axle lift which I want.
They are asking msrp and it is not CPO'd. It is in fact a buy back from the customer who bought it there originally.
What's a fair price for this car given that some 2015's are available out there for msrp.
Does a buy back effect how the car is titled? Will this show up as a lemon law
title? It will be titled in Iowa.
They are asking msrp and it is not CPO'd. It is in fact a buy back from the customer who bought it there originally.
What's a fair price for this car given that some 2015's are available out there for msrp.
Does a buy back effect how the car is titled? Will this show up as a lemon law
title? It will be titled in Iowa.
01-24-2015, 12:42 AM
#40
Nordschleife Master
i was at a dealer out of state yesterday that paid someone full sticker for their 14 with 8k miles.. no questions asked.. so i assume they assume demand will increase soon.
01-24-2015, 08:41 AM
#41
Nordschleife Master
01-24-2015, 12:56 PM
#44
Rennlist Member
While I agree a car that is six months old or more with some miles on it should be discounted from the original MSRP, to claim that that the discount should be 10-15% is unreasonable. There are very few of these cars and the last of a breed. Only those desperate to sell would give away the car at fire sale prices.