"Don't sell your GTS"
#33
As per my dealer.
Stopped in while driving by to get a quick wash (I know I am not supposed to do this!!!)
Sat down and had a nice chat with my SA, who was fielding many phone calls at the time, mostly from customers needing new tires, he was recommending Michelins to everyone.
As we spoke he mentioned that I should NOT consider getting rid of my vehicle (2016 991.1 GTS) anytime soon as there are several customers calling in and stopping by looking specifically for the 991.1 GTS. He further stated the prices are holding very strong.
Hopefully it stays this way.
Sometimes I do get the itch to jump into another vehicle! I walked around the lot. The Targa cars look very nice. In retrospect I sometimes wonder that I should have bought a Targa 4GTS. Let's see what the future holds.
Anyone with similar experience, information, or first hand experience in regards to getting a good or greater than expected value for the vehicle?
Thought I would share and pass along this info.
Stopped in while driving by to get a quick wash (I know I am not supposed to do this!!!)
Sat down and had a nice chat with my SA, who was fielding many phone calls at the time, mostly from customers needing new tires, he was recommending Michelins to everyone.
As we spoke he mentioned that I should NOT consider getting rid of my vehicle (2016 991.1 GTS) anytime soon as there are several customers calling in and stopping by looking specifically for the 991.1 GTS. He further stated the prices are holding very strong.
Hopefully it stays this way.
Sometimes I do get the itch to jump into another vehicle! I walked around the lot. The Targa cars look very nice. In retrospect I sometimes wonder that I should have bought a Targa 4GTS. Let's see what the future holds.
Anyone with similar experience, information, or first hand experience in regards to getting a good or greater than expected value for the vehicle?
Thought I would share and pass along this info.
Last edited by TexasPorschelover; 07-23-2017 at 08:13 PM.
#34
Intermediate
If you step back and look at the larger picture, take a look at the Panamera Turbo. It's over 1000 lbs heavier than a 911, yet it's within spitting distance of the 991 in handling, and better than the 997 generation.
The 2017 Panamera Turbo did the Nurburgring in 7:38. The 997 GT3 did it in 7:40, 2 seconds slower. The power/weight is 0.125 HP / pound for the Panamera, and 0.135 HP / pound for the GT3, due to the 1,300 pound difference.
Seriously, weight doesn't work the way people think it does.
Happened last week, not theory or benchmark racing by factory or magazine test drivers.
#35
Actually the 991.2 GTS will be more rare than the 991.1 GTS. The 991.2 GTs will only be produced for 2017 and 2018. The 2019 will be a new body style and the 2016 is 991.1. Also for 2017 is was only produced since April I believe. So total production time for the 991.2 GTS is only about 18 mos assuming the new 2019 version starts delivering this time next year. 991.1's were produce much longer. So it will be interesting to see the values a decade from now with the 991.2's delivering more performance in much fewer production numbers of the same body style.
#37
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Actually the 991.2 GTS will be more rare than the 991.1 GTS. The 991.2 GTs will only be produced for 2017 and 2018. The 2019 will be a new body style and the 2016 is 991.1. Also for 2017 is was only produced since April I believe. So total production time for the 991.2 GTS is only about 18 mos assuming the new 2019 version starts delivering this time next year. 991.1's were produce much longer. So it will be interesting to see the values a decade from now with the 991.2's delivering more performance in much fewer production numbers of the same body style.
#38
How did you come up with your calculations? fact is 991.1 GTS was produced in 2015 and 2016, nobody knows for sure how long 991.2 GTS will be produced. Also the length of production cycle is one variable as these cars are not limited production, so many more could be ordered in the same time period. So I guess you are just speculation at best.
#39
Three Wheelin'
it was actually introduced in 2014 and prroduced through full year 2016 True on orders but as far as anyone can tell the 991.2 is proving more difficult to obtain. I waited along time for an allocation as many here have lamented. It will be interesting to see the end result. Looking like fewer numbers of 991.2's given highly likely much shorter production period. Porsche 911 production numbers as reported by Panamera have been pretty stable and not increasing. I wouldn't necessarily hang on to a 991.1 for appreciation reasons is my point.
#40
I think maybe you're missing the overall point that may (or may not) make the 991.1 GTS desirable and therefore harder to come by. It isn't just the numbers made, it is the fact that it is normally aspirated and a manual. The 991.2 is turbocharged and when it is replaced by a better turbocharged 911 it will be wholly unremarkable. The 991.1 GTS is the last of it's kind, in much the same way as the 993 was.
#41
Three Wheelin'
Anyone who thinks that holding onto a .1 gts from new for evetual appreciation is crazed. By the time your car exceeds sticker it's going to be 10 years plus from now and the cost of maintenance, insurance, and any out of warranty repairs are going to completely eliminate whatever upside you think you are going to get.
For people that clearly were successful at some point in life to be able to afford these cars, this talk about holding one of these cars and looking forward to appreciation is insane and one of the dumbest financial miscalculations I've ever heard of. While you're holding your car and locking up your 120k I'm going to put my money to work and in 10 years I'll be able to buy your car and another 911 with my profits.
Yes you can profit on certain cars, if we're talking Porsche the CGT and the 918 come to mind. GT3 RS as well if you flipped it early. A current or recent mass production non numbered not limited 911? No way. You're dreaming and sorry to pop your bubble but just trying to bring some reality to this discussion so naive people don't get the wrong idea about these cars. Buy these cars because you like them enjoy them and want to drive them.
For people that clearly were successful at some point in life to be able to afford these cars, this talk about holding one of these cars and looking forward to appreciation is insane and one of the dumbest financial miscalculations I've ever heard of. While you're holding your car and locking up your 120k I'm going to put my money to work and in 10 years I'll be able to buy your car and another 911 with my profits.
Yes you can profit on certain cars, if we're talking Porsche the CGT and the 918 come to mind. GT3 RS as well if you flipped it early. A current or recent mass production non numbered not limited 911? No way. You're dreaming and sorry to pop your bubble but just trying to bring some reality to this discussion so naive people don't get the wrong idea about these cars. Buy these cars because you like them enjoy them and want to drive them.
#42
Anyone who thinks that holding onto a .1 gts from new for evetual appreciation is crazed. By the time your car exceeds sticker it's going to be 10 years plus from now and the cost of maintenance, insurance, and any out of warranty repairs are going to completely eliminate whatever upside you think you are going to get.
For people that clearly were successful at some point in life to be able to afford these cars, this talk about holding one of these cars and looking forward to appreciation is insane and one of the dumbest financial miscalculations I've ever heard of. While you're holding your car and locking up your 120k I'm going to put my money to work and in 10 years I'll be able to buy your car and another 911 with my profits.
Yes you can profit on certain cars, if we're talking Porsche the CGT and the 918 come to mind. GT3 RS as well if you flipped it early. A current or recent mass production non numbered not limited 911? No way. You're dreaming and sorry to pop your bubble but just trying to bring some reality to this discussion so naive people don't get the wrong idea about these cars. Buy these cars because you like them enjoy them and want to drive them.
For people that clearly were successful at some point in life to be able to afford these cars, this talk about holding one of these cars and looking forward to appreciation is insane and one of the dumbest financial miscalculations I've ever heard of. While you're holding your car and locking up your 120k I'm going to put my money to work and in 10 years I'll be able to buy your car and another 911 with my profits.
Yes you can profit on certain cars, if we're talking Porsche the CGT and the 918 come to mind. GT3 RS as well if you flipped it early. A current or recent mass production non numbered not limited 911? No way. You're dreaming and sorry to pop your bubble but just trying to bring some reality to this discussion so naive people don't get the wrong idea about these cars. Buy these cars because you like them enjoy them and want to drive them.
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#43
Rennlist Member
991.1 appreciation is a long way off, but things will get interesting over the next 10 years, manufacturers and countries phasing out petrol and diesel for the inevitable electric future may change the the typical depreciation/appreciation model.
What will happen to 991 and 992 prices if/when the 993 is announced to be all electric?
What will happen to 991 and 992 prices if/when the 993 is announced to be all electric?
#44
Drifting
...this talk about holding one of these cars and looking forward to appreciation is insane and one of the dumbest financial miscalculations I've ever heard of. While you're holding your car and locking up your 120k I'm going to put my money to work and in 10 years I'll be able to buy your car and another 911 with my profits.
That is what's "insane and one of the dumbest financial miscalculations I've ever heard of."
#45
Race Car
991.1 appreciation is a long way off, but things will get interesting over the next 10 years, manufacturers and countries phasing out petrol and diesel for the inevitable electric future may change the the typical depreciation/appreciation model.
What will happen to 991 and 992 prices if/when the 993 is announced to be all electric?
What will happen to 991 and 992 prices if/when the 993 is announced to be all electric?