Should I sell my 2016 991.1 GTS?
08-23-2020, 03:34 PM
#16
RL Community Team
Rennlist Member
Rennlist Member
Hey guys, I’ve had my 991.1 GTS for sale for about two months and recently got an offer of around $110K for it. That’s about $5K less than what I was willing to take. The car has less than 4300 miles, I’m the original owner and had a sticker of $123K. Considering the offered price, current market conditions and being relatively rare with the 7MT and last of the NA engine with low miles, should I accept this offer? I’m in absolutely no rush to sell and in fact won’t mind holding on to it a little while longer because I don’t plan to replace it until next year. Thanks!
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Class5Kayaker (08-24-2020)
08-23-2020, 03:40 PM
#17
If your long term desire is to have a 991.1 gts 7mt, then this may be hard to replace as you bought new and spec’ed how you liked.
But you indicated you want to replace in a year, so if you intend on selling, I’d have to agree with others that this is a compelling offer.
But you indicated you want to replace in a year, so if you intend on selling, I’d have to agree with others that this is a compelling offer.
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08-23-2020, 04:14 PM
#20
Drifting
Whatever happens, I hope that car gets DRIVEN as it is a phenomenal car and it belongs on the road! I have 44,000 miles on my 2016 GTS and I am just getting started.
Last edited by Porsche911GTS'16; 08-23-2020 at 04:16 PM.
08-23-2020, 04:15 PM
#21
Thank you guys for all your replies! I highly respect the members on this forum and the valuable advice you guys give. The overwhelming consensus is to take the offer, which I plan to do. Thanks so much again for helping me with this decision! The 991.1 is a unique car and I think in the future it will be as desirable as the 993.
Last edited by CChung; 08-23-2020 at 04:19 PM.
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Cristophosphorus (08-24-2020),
Porsche911GTS'16 (08-23-2020)
08-23-2020, 05:23 PM
#22
Burning Brakes
Good idea to take the offer. You did well, all things considered.
Last edited by Catharpin; 08-23-2020 at 05:25 PM.
08-23-2020, 06:22 PM
#25
Pro
Unless you are located in an unusual market where used 911s command premium prices, that is a very generous offer. Jump on that like a duck on a bug.
Ten months ago, I paid quite a bit less for my used 2016 GTS from a Porsche dealer. The original owner had just traded it in on a sedan. MSRP was more than $137K and the odometer had fewer than 2,800 miles. The previous owner had PPF installed too.
Ten months ago, I paid quite a bit less for my used 2016 GTS from a Porsche dealer. The original owner had just traded it in on a sedan. MSRP was more than $137K and the odometer had fewer than 2,800 miles. The previous owner had PPF installed too.
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Porsche911GTS'16 (08-23-2020)
08-23-2020, 10:56 PM
#27
Rennlist Member
+1 to this. How did you come to the conclusion that $115K would have been the right number? That would have you driving a 5 car for 5 years at a total cost of $8K. Was it the 7MT?
08-23-2020, 11:54 PM
#29
Rennlist Member
Well back in 2016 nobody was paying MSRP for a 991.1 - or at least they shouldnt have been - so more like $117 sale price.
$115K asking price seems like insanity and someone willing to pay $110k sounds like a dream. Hope you sell it before you wake up.
$115K asking price seems like insanity and someone willing to pay $110k sounds like a dream. Hope you sell it before you wake up.
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Class5Kayaker (08-24-2020)
08-24-2020, 12:25 AM
#30
RAREST 911 GTS in the world...one selling at $20k more than its worth lol
Jokes aside (and your car is lovely) - agree with the others here. Doubt you'll get a better price than that until the car is a classic...and by that time the service/maintenance/insurance costs will probably still negate the profit. Heck you can get a used GT3 for that price (albeit with more mileage and perhaps less provenance).
Cheers,
NF
Jokes aside (and your car is lovely) - agree with the others here. Doubt you'll get a better price than that until the car is a classic...and by that time the service/maintenance/insurance costs will probably still negate the profit. Heck you can get a used GT3 for that price (albeit with more mileage and perhaps less provenance).
Cheers,
NF