race7117

Actually I think that is a great example of the market itself. If you look at Champion instead of Broward you will see they have sold a bunch of RS cars in the past 2 weeks, many of them low mile on consignment. All under $250K. I have seen many higher mileage cars sold in similar fashion. The glut seems to be in the dealers not negotiating and above the 250 mark. I can't speak to the GT3 market haven't really paid attention, but the RS is selling just at a specific price point and that price point is still well above MSRP. Just not what Broward is seeking.

IRguy

Just put down the phone.. May trade in the 650s for a 2016 GT3RS!!
White 1100 miles 230K asking originally. Now we talked about just to exchange the 650s to the RS. I am not sure, still. I feel the RS should be around 215-220K which would be low for the 650s??
Need to think this over!!
Keep you guys posted!

race7117

If the RS has PCCBs, lift, buckets etc then the the 230 is legit even a good buy right now, many are selling at 240-245. Just saw a car with over 5000 miles sell for that range. Cars with the steels, lift, buckets are now selling at the 220-225. Not sure how prices have come down on the 650s since the release of the 720s but 230K does sound low if it's a spider. Hope things work out for you!

rosenbergendo

A steel car with buckets and no lift, sold for 238k with 800 miles.

Archimedes

And two cars with super low miles, PCCBs, lift, and sofas sold for under $235k recently. Can't point to one car and draw any conclusions. I've been following the cars out there for months as well and very few of the high ADM cars are moving. They continue to just sit there. The ones that are moving quickly seem to be the ones at about $25-30k over. But again, none of us really know, because we don't have all of the data.

17bhub

I know of a 2015 650s with 5800 miles (black - not the most desirable/popular color for a 650s) went for $235K. The 650s market is sitting at about $230k-270k range depending on options and color. I think your getting the short end of the stick on that deal. Last 5-6 RS's I've seen settled in the $210k-$235k (Mileage under 1000) while the asks have been quite a bit higher. A white RS on RL here had an ask of $232500 that was very nicely optioned and only 90 miles (207k msrp as I recall). I'm guessing is settled within $5k of the ask. The guy had a reasonable ask!!!

Archimedes

They absolutely have a choice. Central banks around the world have become addicted to easing as a way to mask their economic realities post-financial crisis. Unfortunately, when the next downturn occurs, there will no arrows in the quiver because they'll have already spent them all. Asset values will reflect the reality of our economy and it will be difficult for the Fed to prop them up again. The Fed is just trying to extend the ride as long as they can, all the while crossing their fingers and hoping no external shocks arrive to end the party early.

race7117

Yep agreed!

IRguy

The white RS has bucket seats and PCCB and - unfortunately - front lift system. My 650s spider is orange with carbon pack 3 5230 miles, 2015 year.
I am talking to several friends, all has the same opinion, that I should not do it. They main point is that the new 991.2 GT3 will be just as good as the RS and I can have it for MSRP.
Also talked to my local Porsche sales rep and it seems for the same RS they would give my -as a trade in - 210 max. Seems to be the expectation that by the end of the summer the RS prices will be at or below MSRP then 10-15% below when the new RS is out. I do not know. I am absolutely not an expert on these price prognosis stuff. I just thought the RS has local service and a fun car to drive. Decision.. decision..

race7117

I think your assessment is pretty good and fair in all counts. I would disagree with the new .2 being "as good" as the RS, but there are plenty of threads you can go to for that discussion

NateOZ

Aren't they pretty much giving you typical wholesale/retail spreads? 650S is worth lets say $250k retail, they're offering $230k/swap for the RS. $210k trade value for the RS. Seems to be typical sort of wholesale/retail spreads? I trade cars in all the time and they typically get re-advertised at $20k to $30k what they gave me in the trade.

Waxer

Sofa's knock off at least $10K. With carbon sport seats cars seem to be in the $245K to $250K range as to selling numbers.

I think ADMs on .2GT3 will keep RS prices high. Those that get a .2 at MSRP will be the exception.

Your friends telling you to pass on an RS and keep the 650 aren't giving enough weight IMHO to how much the new 720S will kick the crap out of 650 values. Macs don't do resale value well. RS's historically do "resale value" much much better.

IRguy

For me it is not about the resale value. More like which car would I enjoy more (and wife) and the issue of not having a McLaren dealer within 500 miles. (ok 450)
I have a great relationship with my local Porsche dealer, however the RS would come far away.
My wife likes the 650s spider - because it is a spider.
I think I will sleep on it!

997rs4.0

I would say your prognos for the 991rs is very fair. Now it's just about making the decision.
Nice cars to choose from. Good problem to have.

Archimedes

One of those was actually a LWB car and it sold for $25k over (or less). That was the last ask before it sold.

We're all trying to draw conclusions based on individual cars, but nobody, not you or I, really know what's actually going on across the market. For everybody who claims to have just seen 5 cars sell for X, there are 60 cars out there languishing unsold. Nobody knows.