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Will 991.1 GT3 Prices Tank?

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Old 01-23-2017 | 01:41 AM
  #316  
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Originally Posted by KA 991 GT3
I disagree... I was negotiating a couple of deals on some while watching the prices online. Most of the GT3 for sale went down several 1000's in the same work week. The one I was working on went down $6000.00 in 10 days and it sold at $7000.00 less than it was listed for.
There is a CPO 2016 with 6K miles right now with PCCB's for 149K... to give you an example and that's their asking price.
Prices will continue to fluctuate for a little while until supply and demand balance out.
Yeah, I'm referring to asking prices, not the actual selling prices. Of the 150 used 15/16's out there, I've only found a few that I thought were good deals at the ask - still a lot at or above sticker with 3-8k miles on them. There's one out there that piques my interest, but I think it's already sold and I may be looking at an old ad. Gonna find out tomorrow. Probably just wait it out and see if I can't get a 2018 allocation somewhere.
Old 01-23-2017 | 01:58 AM
  #317  
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Originally Posted by robmypro
We need to keep this in mind. When the 991.1 GT3 was announced, it was 9k RPM engine, faster, better, etc. It was a massive improvement over the 997.2. Then reality came and a few things became clear. Yes, it has 9k RPM engine. Yes it is faster. It's better all around vs 997 GT3. And it has some warts, just like previous generations had warts.

The 991.2 GT3 will be no different. It will be better in some ways. Move the ball forward for Porsche. But it is almost certainly going to have some warts, which will be addressed in the next gen.

Bottom line: every generation is better, but none will ever be perfect. Hence the need for the next generation, which always sounds perfect!
I think you make an especially good point here. When 991.1 GT3 was announced, it had the potential to be head over heels over the competition. While the 991.2 GT3 will be marginally faster, the competition has moved on. Hugely (turbos etc). also, the engine issues have marred the brand slightly, and we now know (probably always knew) that they will make as many as market requests. I don't see the premiums lasting for long.. add in a potential economic change and you have cars which finally be used more for track use than c&c.

I think people will buy this new version because they love Porsche and maybe they love a manual and NA.. the better/faster crowd may not be as impressed as they were with the 997.2-991-1 generational shift.
Old 01-23-2017 | 02:50 AM
  #318  
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Originally Posted by CAlexio
I think you make an especially good point here. When 991.1 GT3 was announced, it had the potential to be head over heels over the competition. While the 991.2 GT3 will be marginally faster, the competition has moved on. Hugely (turbos etc). also, the engine issues have marred the brand slightly, and we now know (probably always knew) that they will make as many as market requests. I don't see the premiums lasting for long.. add in a potential economic change and you have cars which finally be used more for track use than c&c.

I think people will buy this new version because they love Porsche and maybe they love a manual and NA.. the better/faster crowd may not be as impressed as they were with the 997.2-991-1 generational shift.
I really hope this happens. I can see the interest in the .2 because of the MT option but more importantly the reliability factor. Very confident that all the teething problems have been sorted out in the .2
Getting back to the route of owning a Porsche GT car that is reliable and a slow depreciation car. Not the money making flipping/speculation game that has been going on for the last few years.
Old 01-23-2017 | 02:51 AM
  #319  
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From: The way to hell is paved by good intentions “Wenn ich Purist höre...entsichere ich meinen Browning” "Myths are fuel for marketing (and nowadays for flippers too,,,)" time to time is not sufficient to be a saint, you must be also an Hero
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Originally Posted by mass27


Just wait till the 991.2GT3 is released which will beat the 991.1RS. Values of 991.1RS will plummet. Then if you want to keep waiting, the 991.2RS will come out. 4.2L NA. Your 991.1RS will drop to so much below MSRP. I would adjust your balance sheet now just to be safe.

Or, I'll take it off your hands for 30K below MSRP so you can save some dough!

Finally, wait till PAG releases the production #s of the 991.1RS > 6,000. Oh man, equity in the 991.1 RS will be destroyed.

I sure hope no one paid over MSRP for a depreciating asset. Econ 101
Right and a real 911 lover won't buy it for exclusivity
even worse as a speculative investment

is like the differences in marrying a woman bc rich or the last one on a lost island
Vs bc you like her and then you could
care less of production numbers or next year value

you had such a fun love with her why do you care if she has (a lot) of sisters
or nobody like her ?

someone here is really pathetic...
Old 01-23-2017 | 03:09 AM
  #320  
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Originally Posted by CAlexio
I think you make an especially good point here. When 991.1 GT3 was announced, it had the potential to be head over heels over the competition. While the 991.2 GT3 will be marginally faster, the competition has moved on. Hugely (turbos etc). also, the engine issues have marred the brand slightly, and we now know (probably always knew) that they will make as many as market requests. I don't see the premiums lasting for long.. add in a potential economic change and you have cars which finally be used more for track use than c&c.

I think people will buy this new version because they love Porsche and maybe they love a manual and NA.. the better/faster crowd may not be as impressed as they were with the 997.2-991-1 generational shift.
Let's just hope that people breathe along with being patient and not help flippers/speculators run up prices on the .2GT3. I already told myself that there's no way I'll get an allocation at MSRP in 2017 and will have to wait till 2018 to get one. Which is a good thing because between the RS, a home purchase, and a home remodel I could use a little time to replenish my savings.
Old 01-23-2017 | 03:41 AM
  #321  
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Wouldnt the dealers be marking it over MSRP since its going to be the latest and greatest?
Old 01-23-2017 | 03:45 AM
  #322  
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Originally Posted by RyanSD
Wouldnt the dealers be marking it over MSRP since its going to be the latest and greatest?
Not all dealers will mark it up, just the stealerships.
Old 01-23-2017 | 03:49 AM
  #323  
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Originally Posted by usctrojanGT3
Not all dealers will mark it up, just the stealerships.

Your username is so familiar, did you buy a 2011 E92 M3 zcp from me back in 2011? We met in San Diego
Old 01-23-2017 | 04:37 AM
  #324  
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Originally Posted by CAlexio
I think you make an especially good point here. When 991.1 GT3 was announced, it had the potential to be head over heels over the competition. While the 991.2 GT3 will be marginally faster, the competition has moved on. Hugely (turbos etc). also, the engine issues have marred the brand slightly, and we now know (probably always knew) that they will make as many as market requests. I don't see the premiums lasting for long.. add in a potential economic change and you have cars which finally be used more for track use than c&c.

I think people will buy this new version because they love Porsche and maybe they love a manual and NA.. the better/faster crowd may not be as impressed as they were with the 997.2-991-1 generational shift.
Do you really think it will be marginally faster. As you know the gts laps ringtime 7.22.
991.2 gt3 will be ALOT FASTER!
Old 01-23-2017 | 08:51 AM
  #325  
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The latest and greatest will always demand respect over the previous generation.
Old 01-23-2017 | 02:07 PM
  #326  
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Originally Posted by usctrojanGT3
Let's just hope that people breathe along with being patient and not help flippers/speculators run up prices on the .2GT3. I already told myself that there's no way I'll get an allocation at MSRP in 2017 and will have to wait till 2018 to get one. Which is a good thing because between the RS, a home purchase, and a home remodel I could use a little time to replenish my savings.
Same boat here, but just hoping I can get one at all. This would be my first GT car purchase, so I'm as low on the totem pole as one can possibly get. Hoping my previous two purchases from a local dealer might help me nab one of the last few.
Old 01-23-2017 | 02:47 PM
  #327  
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Originally Posted by Archimedes
Same boat here, but just hoping I can get one at all. This would be my first GT car purchase, so I'm as low on the totem pole as one can possibly get. Hoping my previous two purchases from a local dealer might help me nab one of the last few.
My understanding is that Porsche hasn't said 991.2 GT3 will be a limited production car....

VAG is hemorrhaging cash from Diesel-gate. Is it not unreasonable to assume...
As long as there is demand, Porsche will make a 991.2 GT3 for every man, woman, and child.
Old 01-23-2017 | 03:31 PM
  #328  
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watch what happens to the 991.1GT3 when the warranty drops off....
The RS models will survive however.
Old 01-23-2017 | 04:48 PM
  #329  
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If you don't have to have a .2 Gt3 the first few months they hit the shore, I'm sure they can be had at MSRP. Every additional 991 GT car (1.1gt3, 1.1rs, 1.2gt3) adds to the overall supply of alternatives for a 991 GT. The 991.1 Gt3 could be had at MSRP as a build allocation at certain spots in the cycle; the .2 will get there too, with patience. If that's the case, .1 has to obey gravity eventually. Not saying it gets smashed but it's seen its high water mark for a while at least.

OT: I'm torn whether I add a .2 manual to the 991rs + 997rs combo; I don't trade. Who knows, maybe I do add the .2 and decide to sell the 997/991rs combo, but it's doubtful? Crazier things have happened though.
Old 01-23-2017 | 05:06 PM
  #330  
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Originally Posted by mass27


Just wait till the 991.2GT3 is released which will beat the 991.1RS. Values of 991.1RS will plummet. Then if you want to keep waiting, the 991.2RS will come out. 4.2L NA. Your 991.1RS will drop to so much below MSRP. I would adjust your balance sheet now just to be safe.

Or, I'll take it off your hands for 30K below MSRP so you can save some dough!

Finally, wait till PAG releases the production #s of the 991.1RS > 6,000. Oh man, equity in the 991.1 RS will be destroyed.

I sure hope no one paid over MSRP for a depreciating asset. Econ 101
Spoken like a true "wanna be" RS owner.

Do you even own a Porsche no less a GT3/RS?

Last edited by Waxer; 01-23-2017 at 06:35 PM.


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