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Old 11-21-2023 | 10:20 PM
  #7501  
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Few benefits of getting older, but one is having been through many markets. I’ve driven exotics for free and had my *** handed to me ( I’m talking to you BMW M6). The numbers above are a small sample and it is a year older car in the data so you expect a reduction in a normal market. It’s certainly slowing from the peak, but I doubt you will see a significant drop and certainly not for the special cars. Best thing I’ve ever done and best advice….drive the car and stop worrying about every mile and every dollar, it’s a fun toy and treat it as such!
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Old 11-21-2023 | 11:20 PM
  #7502  
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Honestly we make too much of a deal out of this. Yes- value matters. Yes - resale matters. And for a lot of buyers that is a huge appeal. Regardless of how you cut the numbers, GT cars tend to depreciate less than other vehicles on the market.

I think we can all agree ADMs suck. But- that’s supply and demand for you.

So many factors go into resale value and impact the stats on BAT. Have you seen the cars on there lately? Not all of them are great specs. Those that are have actually fared pretty well (thinking about the slate grey manual with 28 miles).

No one really knows what’s going to happen with .2 GT3 (maybe CJ or 918 guys). But it’s probably going to be better than .1 and prices most likely will fall. WHICH HAPPENS WITH EVERY GENERATION UPDATE. Maybe there’s no manual. Maybe not. Maybe there’s hybrid. Maybe not.

What I do know is these are phenomenal cars. I’ll pay the price I feel is worth it. Sometimes that’s adm sometimes it’s not.

But this thread has gotten off track. It really should be about what are ADMs and helping rennlister find opportunities that are within what they are willing to pay.

Drive and enjoy. I def don’t think about how much I spent when I downshift and have a massive smile on my face.
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Old 11-21-2023 | 11:27 PM
  #7503  
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Originally Posted by BHSAAA
Few benefits of getting older, but one is having been through many markets. I’ve driven exotics for free and had my *** handed to me ( I’m talking to you BMW M6). The numbers above are a small sample and it is a year older car in the data so you expect a reduction in a normal market. It’s certainly slowing from the peak, but I doubt you will see a significant drop and certainly not for the special cars. Best thing I’ve ever done and best advice….drive the car and stop worrying about every mile and every dollar, it’s a fun toy and treat it as such!
1 million percent. Man those 06/07 m6’s are almost free lol. I got my gt4 about a year ago only because I’d figured I’d “try the gt4 out” (w manual) as I never had a gt4 or ever even drive one for whatever reason. Thought if it sucks I’ll sell it after a year for 100k…if it’s good, run it for 3 years than replace with 992.2 gt3 manual

I honestly thought, after 1/2/3 years it’d be worth maybe 100/80/60k

Now the cars way better than I thought it would be, maybe my expectations were too low.

but now I wanna add the 992.2 on top of it in a couple years as I really do like small sports cars.

I mean how fun would a fiat 500 abarth be? Anyone have one of those? Just looks so much fun lol

even then. I’ll buy 992.2 gt3 for 250k and expect to dump it for 150-175 after 3 years.

happiness = reality/expectations

having crazy resale expectations I feel will only disappoint you
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Old 11-21-2023 | 11:35 PM
  #7504  
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I’ll say three thing to this.

There will be a larger price increase for the .2 than we have seen from .1 to .2 in previous generations, this should help support the .1 more.

It will be 18 months or so before we even see a .2 and probably another six before you can order and probably another 6 before anyone gets one.

I just passed 10k miles on my .1 and I am not stopping.
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Old 11-22-2023 | 08:56 AM
  #7505  
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07 GT3 in 07 $106K in 2009 $72K
07 RS in 07 + $75K in 2010 -$50K
10 RS in 10 MSRP in 2013 -25K
16 RS in 16 +75K in 2019 -50K
19 RS in 19 +75K to the moon in 21.. now MSRP?
24 RS in 24 +100K… 2026 should be -50ish but that’s less in 2016 money value, and with the volume of GT cars, I can see a further drop if we get the 2009 scenario when 6 cars show up for track days….

of course…., this time it’s different

Last edited by TRAKCAR; 11-22-2023 at 09:05 AM.
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Old 11-22-2023 | 09:15 AM
  #7506  
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Originally Posted by welikethetrack
Given the massive glut of 992 GT3 on the market....is there anyone here who actually thinks they aren't going to get absolutely cooked on resale?

probably dropped average of 40-50k in past 12 months, and I don't see prices dropping any slower next 12 months.

5 SOLD 992 GT3's on BAT NOV 2022 11/4/22-12/2/22: Avg. $294,600 median: 300,000
5 SOLD 992 GT3's on BAT NOV 2023: Avg. 245,044 median: 239,000

OUCH!

let's here the ADM warriors debate the FACTS
Here's a fact. I sold my 991.2 GT3 for $225K when you posted at the time that it would sell at or under $200K.
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Old 11-22-2023 | 09:18 AM
  #7507  
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I think the ones that will hold value best are 996 GT3, 997.2 3RS, 991.2 3RS, GT2/RS cars, and 4RS. Everything else is not so special, and so more replaceable.
Old 11-22-2023 | 11:56 AM
  #7508  
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Originally Posted by welikethetrack
Given the massive glut of 992 GT3 on the market....is there anyone here who actually thinks they aren't going to get absolutely cooked on resale?

probably dropped average of 40-50k in past 12 months, and I don't see prices dropping any slower next 12 months.

5 SOLD 992 GT3's on BAT NOV 2022 11/4/22-12/2/22: Avg. $294,600 median: 300,000
5 SOLD 992 GT3's on BAT NOV 2023: Avg. 245,044 median: 239,000

OUCH!

let's here the ADM warriors debate the FACTS
I'm not arguing, but I pulled Manheim wholesale pricing on the 992 GT3 this week. BAT is also a great tool, but I was curious as to whole wholesale pricing is at currently. While your data is great for averaging out the 992 GT3, I wanted to see how much the model year mattered.

Past 30 days - $232,000
6 months ago: $239,000
Last year $251,000


Those figures very much support yours. Those figures are for the 992 GT3, year not defined. But, this is where I wanted to see what a NEW, current model year was doing. Needless to say, Manheim has had quite a bit more run too, to provide more data than a few sales on BaT.

2023 model year range was $250,000 to $268,000 wholesale, average for a 2023 model is $260,000. When compared to the 2022 model year average of $251,000.

So, as a whole, it does appear the 992 is coming back down. But, when you dig a little deeper into it, the 2023 model year has actually went up at Manheim. (when compared to the 2022 model year at the same time last year -- there was also a higher base MSRP that contributes to that).

Anyway, not here to argue, but I wanted to put a little data to the 'the market is dropping' theory. I do not believe the market is dropping on the current MY. I think you're just seeing the result of 2-3 year old cars dropping slightly, which supports your data. Some of the lower, recent sales on BaT on GT3s are lower spec models too, so that contributes to the lower sale price. (190k MSRP, sold for $222k, $181k sold for $225k)

Last edited by jjw285; 11-22-2023 at 12:07 PM.
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Old 11-22-2023 | 12:07 PM
  #7509  
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Originally Posted by jjw285
Those figures very much support yours. Those figures are for the 992 GT3, year not defined. But, this is where I wanted to see what a NEW, current model year was doing.
Needless to say, Manheim has had quite a bit more run too, to provide more data than a few sales on BaT.

2023 model year range was $250,000 to $268,000 wholesale, average for a 2023 model is $260,000. When compared to the 2022 model year average of $251,000.
As you accurately point out, when the year is defined and not impacted by 992's that are 2 - 3 years old, there is a different outcome.
Thank you for saving me the time of pointing this out. But I'mn not surprised that there are those who repeatedly compare "apples with oranges" and different years to support their spin.







Last edited by Diablo Dude; 11-22-2023 at 12:09 PM.
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Old 11-22-2023 | 12:10 PM
  #7510  
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It's funny, I've put almost 3k miles on my '2024' 992 GT3, and it's not yet December of 2023.
Old 11-22-2023 | 12:12 PM
  #7511  
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Originally Posted by speed77
What I do know is these are phenomenal cars. I’ll pay the price I feel is worth it. Sometimes that’s adm sometimes it’s not.

But this thread has gotten off track. It really should be about what are ADMs and helping rennlister find opportunities that are within what they are willing to pay.

Drive and enjoy. I def don’t think about how much I spent when I downshift and have a massive smile on my face.
Bingo.

Old 11-22-2023 | 12:14 PM
  #7512  
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Originally Posted by Diablo Dude
As you accurately point out, when the year is defined and not impacted by 992's that are 2 - 3 years old, there is a different outcome.
Thank you for saving me the time of pointing this out. But I'mn not surprised that there are those who repeatedly compare "apples with oranges" and different years to support their spin.
BaT does provide some useful data, but Manheim provides a much larger data set -- obviously making it a better temperature of the market as a whole.

I also think a big reason the BaT pricing is so low is the last 5 sales include stripped out flip cars, that were very low specs -- thus fetching a price that reflects their lack of build quality.
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Old 11-22-2023 | 12:17 PM
  #7513  
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2 recent BAT examples of a black touring and a PTS wing (rubber dash) going for $60k+ over… I’d say not bad
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Old 11-22-2023 | 12:18 PM
  #7514  
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Originally Posted by WenigerAberBeser
2 recent BAT examples of a black touring and a PTS wing (rubber dash) going for $60k+ over… I’d say not bad
PLUS tax, PLUS BAT fees, PLUS shipping. The actual retail price on those would be even higher than 60k over.
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Old 11-22-2023 | 12:23 PM
  #7515  
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Originally Posted by jjw285
PLUS tax, PLUS BAT fees, PLUS shipping. The actual retail price on those would be even higher than 60k over.
that’s why I put the + sign
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