Notices
997 GT2/GT3 Forum 2005-2012
Sponsored by:
Sponsored by: Porsche North Houston

997 GT3 v GT3 RS values

Thread Tools
 
Search this Thread
 
Old 04-07-2009, 10:01 PM
  #16  
mooty
GT3 player par excellence
Lifetime Rennlist
Member
 
mooty's Avatar
 
Join Date: Apr 2002
Location: san francisco
Posts: 43,460
Received 5,740 Likes on 2,349 Posts
Default

Originally Posted by va122
Mooty, you do make sense BTW. Just takes some getting used to.
yes, most my decade old friends find me funny as hell.

new acquaintance look at me and think "WTF is wrong with this guy. his brain is not wired right... or maybe not wired at all..." i am reminded of that very often by my wife, my mother and now my daughter.

this is i fyou can decipher my posta b/n my misspellings, tupo and just wrong use of the english language.
Old 04-07-2009, 10:16 PM
  #17  
Alan Smithee
Rennlist Member
 
Alan Smithee's Avatar
 
Join Date: Feb 2004
Location: Los Angeles
Posts: 5,298
Received 295 Likes on 146 Posts
Default

Originally Posted by NYC123
Why is there so much talk recently about where the next $10-$15k will be in these cars up or down.
I think the reason we are having these discussions is because there are so many still being advertised for $130-160k (and regular GT3s from $115-135k). With a lot of cars being offered at unrealistic prices, it makes it difficult to gauge the market for those not watching closely. Sure it's a great car, but nobody wants to overpay by $10-20k, so yes, buyers care...just like sellers care, or there wouldn't be so many still advertised at 2007 prices.
Old 04-07-2009, 10:27 PM
  #18  
mooty
GT3 player par excellence
Lifetime Rennlist
Member
 
mooty's Avatar
 
Join Date: Apr 2002
Location: san francisco
Posts: 43,460
Received 5,740 Likes on 2,349 Posts
Default

^ ok, now that you explained it, alan, it makes more sense why the question was asked.

1. as common or as rare (however you look at it) the number of RS sales out there is too small to establish trends. and my following points will skew the data even more.
2. some seller are simply dumb and unrealistics, they want to recover the premium they paid and some even want their tax back. these data points are useless
3. some seller are desperate and need to get out. you can offer then 70k and you may get lucky. these data points are uselss
4. dealers always give you an impossilbe asking price but some still buy. one of my dealers sold a 997gt3 (non RS) for $115k, i am NOT kidding you. sold 2 weeks ago. but usually dealers expect you to give them a kick in the ***** so they will then tell you a more realistic price. thus their prices are useless datapoints.
5. then that leaves to transactions that actually took place. these transactions are small in number. and within that small number, you have my car that's high miles and low price, then you have NYC123's prestine cars that still commands MSRP or beyond.
6. then you have buyers who are rational wanting to buy only at "good" prices, whatever that may be. then there are irrational buyers who would pay just about anything. my father missed out on 911speedster 1989. in 1992 he was willing to pay $100k for one that's sub 1000 miles. so there are suckers like my dad.
7. then some RS got no options while some are highly optioned.

if the buyers is serious, find a car, list the options then i am sure rennlist community would chime in to determine if that specific car is at, below or above mkt. otherwise, as many data points as i have on GT3 and RS's. i simply cannot give you a number that's meaningful.... i think that's what frustrates me, VA and NYC123...

the question asked is not a REAL question and there are not "legit" answers to it.
Old 04-07-2009, 10:50 PM
  #19  
PogueMoHone
Addict
Rennlist Member

 
PogueMoHone's Avatar
 
Join Date: Nov 2002
Posts: 3,802
Likes: 0
Received 0 Likes on 0 Posts
Default

^ Isn't the nub of the problem really that there is a lot of insecurity floating around and a) people are afraid of making a mistake b) looking for others to validate their actions.

Instead, just buy what you want and use it as you see fit.... with your wife's approval (if required).

Last edited by PogueMoHone; 04-07-2009 at 11:05 PM. Reason: clarity
Old 04-07-2009, 11:00 PM
  #20  
Alan Smithee
Rennlist Member
 
Alan Smithee's Avatar
 
Join Date: Feb 2004
Location: Los Angeles
Posts: 5,298
Received 295 Likes on 146 Posts
Default

I don't think so. I think any real buyers out there right now are just more conservative; they waited out the frenzy, are looking for a deal, and are trying to figure out if now is the time by posting here and asking opinions. No reason to be "frustrated" or need to put a label on it.
Old 04-07-2009, 11:27 PM
  #21  
tcsracing1
Rennlist Member
 
tcsracing1's Avatar
 
Join Date: May 2008
Location: Somewhere in a galaxy far, far away....
Posts: 17,108
Likes: 0
Received 259 Likes on 173 Posts
Default

i have been watching for a year, and bought a RS last month..... im telling you now, the market is leveling now that spring is here...... grab a fire sale now folks cause the deals are going to be gone until fall after the hot summer.......
Old 04-08-2009, 01:55 AM
  #22  
mooty
GT3 player par excellence
Lifetime Rennlist
Member
 
mooty's Avatar
 
Join Date: Apr 2002
Location: san francisco
Posts: 43,460
Received 5,740 Likes on 2,349 Posts
Default

^ is the pumpkin there yet?
Old 04-08-2009, 02:28 AM
  #23  
NJ-GT
Addict
Rennlist Member
 
NJ-GT's Avatar
 
Join Date: Jan 2003
Location: Los Everglades
Posts: 6,583
Likes: 0
Received 9 Likes on 7 Posts
Default

I think the days of high mark-ups on Porsches are gone.

When the GT2 came to the market in 2002, it was a special car, then Porsche made one too many, and their prices went South rather quickly. Then it happened again with the GT3. Then again with the 997 GT3 and 997 GT3 RS, but I think the GT3 RS was the end of an era.

The 997 GT2 showed up. The 997 GT2 is the most exclusive Porsche 911 available in recent years, it's the best 911 to date, but it cannot command a premium over sticker, because the market has drastically changed. It's an impressive car on paper, and it shows its performance.

If you think this is bad, it gets even worse for the people that bought used 2007 Ferrari 430 Spiders for over $300,000 last year. The F430 Scuderia was changing hands (used cars) at close to $500k just last year.

Bottom line, I think that a GT3 RS is worth its value, so is the 996 GT3 (too cheap btw), and the 997 GT3. These are great cars. $10k-$20k should not decide whether to buy or not a 997 GT3 RS. My tires budget combined with brake pads, oil changes, exceeds that difference by a lot, and I'm not even Racing.

Other than a GT3 RS or GT2, what other cars of any brand are available that offer the same level of fun, driver's involvement, and at what price?
Old 04-08-2009, 03:02 AM
  #24  
Alan Smithee
Rennlist Member
 
Alan Smithee's Avatar
 
Join Date: Feb 2004
Location: Los Angeles
Posts: 5,298
Received 295 Likes on 146 Posts
Default

Originally Posted by NJ-GT
I think the days of high mark-ups on Porsches are gone.
The law of supply and demand never goes away. There will always be people willing to pay more to have the first one on their block, even in this economy.
Old 04-08-2009, 03:18 AM
  #25  
va122
Drifting
 
va122's Avatar
 
Join Date: Jul 2006
Location: On Rennlist avoiding work
Posts: 3,065
Likes: 0
Received 2 Likes on 2 Posts
Default

Originally Posted by mooty
. i think that's what frustrates me, VA and NYC123...

the question asked is not a REAL question and there are not "legit" answers to it.
exactly
Old 04-08-2009, 03:19 AM
  #26  
va122
Drifting
 
va122's Avatar
 
Join Date: Jul 2006
Location: On Rennlist avoiding work
Posts: 3,065
Likes: 0
Received 2 Likes on 2 Posts
Default

Originally Posted by NJ-GT
Bottom line, I think that a GT3 RS is worth its value, so is the 996 GT3 (too cheap btw), and the 997 GT3. These are great cars. $10k-$20k should not decide whether to buy or not a 997 GT3 RS. My tires budget combined with brake pads, oil changes, exceeds that difference by a lot, and I'm not even Racing.

Other than a GT3 RS or GT2, what other cars of any brand are available that offer the same level of fun, driver's involvement, and at what price?
Believe it, i spent 20k last year on tires and brakes and ****
Old 04-08-2009, 11:00 AM
  #27  
PogueMoHone
Addict
Rennlist Member

 
PogueMoHone's Avatar
 
Join Date: Nov 2002
Posts: 3,802
Likes: 0
Received 0 Likes on 0 Posts
Default

^ that must have been good %@*^!
Old 04-08-2009, 12:06 PM
  #28  
flash1034
Pro
 
flash1034's Avatar
 
Join Date: Mar 2004
Location: Orange County, California
Posts: 682
Likes: 0
Received 0 Likes on 0 Posts
Default

Botton line: Prices on the 997 GT3 and GT3RS will fall drastically when the Mk2s come out. Thats just the way it is and the way it always has been.

Flash
Old 04-08-2009, 02:58 PM
  #29  
tcsracing1
Rennlist Member
 
tcsracing1's Avatar
 
Join Date: May 2008
Location: Somewhere in a galaxy far, far away....
Posts: 17,108
Likes: 0
Received 259 Likes on 173 Posts
Default

Originally Posted by flash1034
Botton line: Prices on the 997 GT3 and GT3RS will fall drastically when the Mk2s come out. Thats just the way it is and the way it always has been.

Flash
True.

Although, in the short term i havent seen as many "deals" as i would have expected for this time of year....
Old 04-08-2009, 03:26 PM
  #30  
NYC123
Banned
 
NYC123's Avatar
 
Join Date: Apr 2007
Posts: 549
Likes: 0
Received 5 Likes on 5 Posts
Default gt3 rs

Where are all these deals ? I have a 2008 Green RS with 400 miles cars has a 155k MSRP and I did a clear bra. Car is 100% mint including a fresh plastic lip under the front spioler. The car is on EBAY now so you can see it. some people have contacted me multiple times trying to buy the car and they want to pay 120-130k for it , some of the same people that tell me that 120-130 is the correct price are often found posting on threads like this trying to talk the prices down. ( I wont name names but it is obvious)
My question is that if thats the marlet why do the same people keep calling me with these offers why have you guys not bought your car yet ? Better yet if you can find me a car that matches these specs and condition for that price range I will buy it for cash this week if you can show me where that car exists. Again must be similar specs.
I found the sae thing in the CGT market lots of talk about a cgt sub 300k even 250k . Well I habve been looking for a super low mile 2005 silver or blk and despite all the people talking prices down I have not found that 250k car yet. You cant just quote a price of 1 deal and apply that price to every other rs or cgt on the market regardless of history miles condition options etc etc


Quick Reply: 997 GT3 v GT3 RS values



All times are GMT -3. The time now is 12:23 PM.