My dealer doesnt have the RS I want but did tell me that the market has shifted down yet again this week. What do you guys think a low miles, medium optioned, RS is worth today? The dealers that have the RS I want are still selling them at MSRP but they are not moving at that price it appears. What is the range for a low miles RS these days? With the announcement of the Mk2 GT3s, I'd imagine the prices falling even further soon. Any ideas?

Thanks,

Flash

 

Not to be rude but haven't you read all the comments generated everytime someone on Rennlist says their 997 GT3RS is for sale?

Some think this limited production model is somewhat 'recession proof' while others do not. If Porsche AG comes out with another North American specification RS model, that will affect the used RS prices too. (engine, electronic gadgets, and weight will be scrutinized)

 

125K?
A "No Reserve" listing... (no affliction)
http://cgi.ebay.com/ebaymotors/NO-RE...t_58791wt_1862

 

IMO, the best "known" car and value for the buck is ZBB's black/orange RS for 133k. check out his for sale listing thread on this forum.

He has listed the entire history of the car, a new motor...what more could any buyer, especially if it's going to be tracked, want??? And at a very reasonable price.

 

Here's a white RS, 1200 miles for $135K...White was a pretty hard find under $175K not too long ago..

http://www.switchcars.com/inventory....AC29947S793262

 

You said you found some GT3 RS at dealers that meet your requirements. Ignore the asking price and make the dealer a serious offer (based on your research). They aren't going to negotiate unless they think you are serious.

 

2007 with 3-10k miles = $120-$130 (less then 3000 miles $135)

2008 with 3-10k miles= $130-$140 (under 3000 miles $140-msrp)

cars with miles appear to be selling due to attractive prices.
cars full of options appear not to be fetching a return.

alot of bargin hunters are still waiting for the used market prices to bottom and current owners are indeed listing as they are not hard to find as result. But nobody can tell for sure where bottom is at this point. Im assuming that another 10 grand drop from my current price estimates could be seen throughout 2009 at best.

however, if one can find the color and options they want in the used market today and a fair deal can be struck with the owner, then you are not going to do bad on it. Prices are currently fair depreciation(based on MSRP at least).

 

2007 with < 3,000 miles $125 to $130 if in excellent condition. 2008 should be the same given it is the same car. The problem is as a buyer, given the economy, the market on all high end sports cars may go much lower in the next 90 to 180 days.

 

I agree 1000%. It will be 6 months before we see the end or see where the end is(or more)
I dont however think prices will fall as steeply as they have been falling though. The percentage of drop will get smaller.

 

Cannot use logic to predict car prices anymore in this economy. It all depends on how desperate the owner/dealer wants to sell the car. It won't hurt making an offer. You may get the deal of the century.

 

Nah... The new administration is going to allow Automobile-backed securities to be traded in the market while Fed Reserve will keep the interest rates at 0%. The funds are being hedge between the Investment Banks and Auto-Industries as we speak. The Investment Banks are now allowed to leverage 50 times their equity capital. “0 Down, 0 Interest” Adjustable Rate Auto Loans will be made available to the car dealers for car purchases.

Things will be back to “normal”.