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market on a 1200 mile 2010 RS

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Old 08-30-2010 | 08:39 PM
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Default market on a 1200 mile 2010 RS

I am looking at a 1200 mile 2010 gt3 rs with a 170k MSRP . trying to determine what the current market is on a car like this. My best guess is 25 to 30k behind MSRP is wholesale market ? Any thoughts appreciated thanks in advance.
Old 08-30-2010 | 08:41 PM
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fair price probably 20k behind msrp.
wholesale obviously less, but the seller had to be very desperate.
i thought about selling my at 15-20k below so i can get a cup car.....
if you can find one at 30 behind, buy it. that would be a bargain.
Old 08-30-2010 | 08:51 PM
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Mooty...let me know if you sell
Old 08-30-2010 | 08:53 PM
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Mooty...let me know if you sell
The best spec-ed RS in the country!
Old 08-30-2010 | 09:37 PM
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I am in the market for a used 2010 RS and have been told that "ILux" has the 2010 GT3RS listed at $130,000 wholesale.
Old 08-30-2010 | 09:50 PM
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Originally Posted by TRAKCAR
The best spec-ed RS in the country!
...if you gotta have A/C....otherwise, he could use the 40 lb diet....then it would have been spec'd properly.

just sayin'
Old 08-30-2010 | 10:06 PM
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The best spec-ed RS in the country!
My bad, the best spec-ed RS for southeners who participate in night events.
Old 08-30-2010 | 10:07 PM
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Cars without air belong north of the mason dixon line
Old 08-30-2010 | 10:13 PM
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Originally Posted by Izzone
Cars without air belong north of the mason dixon line
true that....so what did I have to do in my RSR at RA or Sebring?....that's right....sweat my f 'ing ballz off!!...might as well not spoil myself...(must be some sort of latent masochistic problem !!)
Old 08-30-2010 | 10:15 PM
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Originally Posted by TRAKCAR
My bad, the best spec-ed RS for southeners who participate in night events.
I did an HSR night race once (and only once) at sebring and could not see the damn track!!...hence the xenons in my RS
Old 08-30-2010 | 10:56 PM
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Yup, PBIR is well lid:
http://www.youtube.com/watch?v=qliVqbJInQw

Sebring not so much:
This was Sept '08, 3 weeks after getting my non Xenon GT3 first Porsche, so the hesitations are both getting used to the car and the dark.
http://www.youtube.com/watch?v=CLOD3uKTVGk
Sorry you have to FF to see how dark it gets and it still shows a little day light, but it gets very black, no eye balling the Apex ;-)
Old 08-30-2010 | 11:03 PM
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Originally Posted by leif997
...if you gotta have A/C....otherwise, he could use the 40 lb diet....then it would have been spec'd properly.

just sayin'
His ac works really well : ). Mike
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Old 08-30-2010 | 11:08 PM
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The ghosts of all previous GT3's haunt Mooty's garage...
Old 08-30-2010 | 11:10 PM
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I want some detailed shots of the 996 build already
Old 08-31-2010 | 12:27 AM
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Originally Posted by NYC123
I am looking at a 1200 mile 2010 gt3 rs with a 170k MSRP . trying to determine what the current market is on a car like this. My best guess is 25 to 30k behind MSRP is wholesale market ? Any thoughts appreciated thanks in advance.
1200 miles is a bit between here and there -- it's not a "no mile" car (say that's 250-350 miles +/- and it's not a "driven" car (say 2500 miles.) I'd say all new examples are still at MSRP give or take, but $170K MSRP ... that's a helluva loaded boat and they all revert to the mean, which I imagine is more like $150K. Maybe $140K. If the MSRP was $150K, I'd say $140 would be about the game (give or take taxes ... in California, it's basically 10% tax, so the original buyer, unless they're on a lease, is down $15K just to turn the key ...) Very hard to say on a $170K starting price, I just don't see the buyer in that range ... get a new one and pay $150K with ceramics or $140K without ... versus paying $150K for this loaded one and notionally "save" the $20K in froufrou stuff? I guess there's a buyer somewhere for that case.

The interesting thing is the strength in the used car market overall. I think we're seeing the near new (997.1 and equivalent) cars getting the buyers and the supply is dwindling. The new cars don't have enough incentive and unless it's a Panamera, well, certainly a Carrera is hard to sell new (going by the quarterly sales statistics) but the only Porsche with no secondary market is the Panamera and it, despite what some (including myself) might have expected, has been well received.

All that said, if I were a used RS buyer, I'd be looking at pushing hard on getting a discount on a new one or pushing very hard on the private seller, but given so very few used ones around and the MSRPs so variable (and the options so expensive ...) hell, it's really a case by case secondary market for the time being and I think prices will strengthen as the balance of available units for sale invariably goes to zero (in terms of the opportunity to build to order.) A buyer right now is probably in the sweet spot as we head into fall or even winter when the RS becomes a "regional" issue.

I don't agree with Moot's idea of $20K (and yes $30K off would be a helluva bargain!) I think a buyer should act now because there's more likelihood of prices strengthening as supply and demand change. I think $10K isn't unrealistic and I wouldn't advise buying one for $5K off ... get a new one!



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