resale value of RS
#1
resale value of RS
I was wondering what the general consensus is on what the resale value will be on the RS. Will the car hold its value or depreciate like any other porsche? Does the limited production factor and the RS name count towards anything? Once the car has been out for a while will the price drop like a stone?
I have a July build car which i have not spec'ed yet.
Ed
I have a July build car which i have not spec'ed yet.
Ed
#2
I would expect it to depreciate after the initial speculation wears off, or they announce a 2008 allocation. If you are concerned about re-sale/depreciation I would buy a 996 GT3 or GT2 which have taken big hits and are great cars, but less likely to cost you as much to own.
JCM
JCM
#3
This seems to be Porsche's most limited production car in recent history. Even more than the CGT. Even if they announce an 08 allocation there will only be around 300 cars in the US. Why should the car take such a big hit?
Ed
Ed
#4
The GT3RS will depreciate just like every other Porsche...no reason to think otherwise. It's a regular production vehicle, it isn't limited enough to be truly rare, and there will always be an improved version around the corner.
Over time? Who knows...it may be a highlight of the current generation and eventually be collectible like the 1973 911RS, maybe not...check back in 20-30 years.
Over time? Who knows...it may be a highlight of the current generation and eventually be collectible like the 1973 911RS, maybe not...check back in 20-30 years.
#5
it will depreciate and i think not only 08 cars will be available
the 996 gt3 was still sold in 05 during the first year for 997 cars with a facelift for 997 coming don't expect 998 untill 2010
so do you expect porsche to stop making GT3's and RS's while 997's are being sold for 2-3 more years?
the 996 gt3 was still sold in 05 during the first year for 997 cars with a facelift for 997 coming don't expect 998 untill 2010
so do you expect porsche to stop making GT3's and RS's while 997's are being sold for 2-3 more years?
#6
Originally Posted by ebanzero
This seems to be Porsche's most limited production car in recent history. Even more than the CGT. Even if they announce an 08 allocation there will only be around 300 cars in the US. Why should the car take such a big hit?
Ed
Ed
The RS will fall a fowl to Porsche's marketing/accounting department tactics..."if producing and selling 300 is good then producing 1000 will be even better!"
Even if they have a hard time (read: discounting/rebating) selling the last 100 of them, with today's profit margins what do they care...
Just my $.10
Trending Topics
#8
Just curious. If you don't even have your car yet, why are you already worried about resale and depreciation? I don't care if my GT3 is only worth $1 tomorrow, the satisfaction that car gives me is priceless and worth every penny the car cost me.
#9
GT3 player par excellence
Lifetime Rennlist
Member
Lifetime Rennlist
Member
Joined: Apr 2002
Posts: 43,564
Likes: 5,894
From: san francisco
if there are 08 models, price will drop faster.
even if there are no 08's, price will still drop, albeit slower.
in the short term, all porsche depreciate.
in the long run say 2017, you have a 15,000 miles never tracked RS, you can probably get 150k for it. while mine would have been driven into the ground. however, i think i will have a bigger permagrin on my face.
even if there are no 08's, price will still drop, albeit slower.
in the short term, all porsche depreciate.
in the long run say 2017, you have a 15,000 miles never tracked RS, you can probably get 150k for it. while mine would have been driven into the ground. however, i think i will have a bigger permagrin on my face.
#10
Originally Posted by LVDell
Just curious. If you don't even have your car yet, why are you already worried about resale and depreciation? I don't care if my GT3 is only worth $1 tomorrow, the satisfaction that car gives me is priceless and worth every penny the car cost me.
#11
i passed on an RS allocation yesterday because i think ( especially in canada $171,000 base price!!) its not worth it for the marginal performance increase over GT3 and lack of seats and other ROW parts. This car will depreciate like any other porsche does. are the 996 GT3RS getting big prices now? nope.
Also the fact they want a massive cost for a white one really turned me off. i think you will hate driving an orange or green car with stickers on it in the near future. retro colors are trendy now and will pass.
there does seem to be other people passing on allocations too so im sure this doesnt bode well for any future collectors price status.
P.S. how many people could predict a nice 996GT3 could be had for 70,000 or so in the us??
Also the fact they want a massive cost for a white one really turned me off. i think you will hate driving an orange or green car with stickers on it in the near future. retro colors are trendy now and will pass.
there does seem to be other people passing on allocations too so im sure this doesnt bode well for any future collectors price status.
P.S. how many people could predict a nice 996GT3 could be had for 70,000 or so in the us??
#14
Originally Posted by Alan Smithee
The GT3RS will depreciate just like every other Porsche...no reason to think otherwise.
Over time? Who knows...it may be a highlight of the current generation and eventually be collectible like the 1973 911RS, maybe not...check back in 20-30 years.
Over time? Who knows...it may be a highlight of the current generation and eventually be collectible like the 1973 911RS, maybe not...check back in 20-30 years.
Frankly to each their own, but I don't think it's worth speculating on the appreciation of and RS. You'll do better just driving the heck out of it.
#15
I think everyone is knocking the car before they drive it.
FWIW, the day that Rohrl set the 7:42 with the 997GT3RS at the ring, he did it on a public track (track was not closed), and having to pass 5 cars on route. On the same day he did not drive the 997GT3 but he did do a lap in a Carerra GT and he "only" logged a 7:37. Considering his fastest time at the ring on a closed course with the GT was 7:32, he says the RS will do a 7:39. pretty remarkable feat I think.
Obviously the car is too much for probably any of us, but so was the GT.
FWIW, the day that Rohrl set the 7:42 with the 997GT3RS at the ring, he did it on a public track (track was not closed), and having to pass 5 cars on route. On the same day he did not drive the 997GT3 but he did do a lap in a Carerra GT and he "only" logged a 7:37. Considering his fastest time at the ring on a closed course with the GT was 7:32, he says the RS will do a 7:39. pretty remarkable feat I think.
Obviously the car is too much for probably any of us, but so was the GT.