997 GT3 v GT3 RS values
#16
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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.
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.
#17
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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.
#18
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^ 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.
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.
#19
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^ 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).
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
#20
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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.
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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.......
#22
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^ is the pumpkin there yet?
#23
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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?
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?
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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?
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?
#30
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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
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