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GT 4 vs 997 GT 3 same customer?

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Old 02-06-2015, 12:15 PM
  #181  
Jbarnes RS
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Great thread until it turned into a bubble popper.

Here are some bubble facts that hit me hard as I sold off a few cars.

73 RS no way someone would pay more than $275k. Sold it..... Just sold for over $1 mil.

73 E hot rod. Paid $20k... Worth $85 K you can have it.

88 Turbo. Sold for $44k felt great about it.... Just sold for $170k

964 RS. Paid $80k... happy to get $140k. Worth north of $250k today.

993 RS sold for $185k... Not $185k worth of car to me....I bet it would fetch $275k+

I could keep gong but I will spare you.

For all you bubble boys that are praying for a pop so you can afford/rationalize the current pricing better step up soon...if you don't you will be a slave to the newest Porsche marketing scheme. Stuck in a world of 30+% depreciation and the next best. I call it Ferrari land.

Mark my words. 996-997 GT cars will hold steady the next couple of years. Then they will start to ascend to the moon like every other Metsger motored car already has.
Old 02-06-2015, 12:20 PM
  #182  
tcsracing1
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Originally Posted by runet
Guess it's up to me to ask the obvious:
How much of it's value will the GT4 loose the first 2-5 years, being set right in the price range for used 997 GT3's?
I think the GT4 will depreciate very slowly. But that depends production numbers and what model replaces it.... it could very well be the last normally aspirated cayman...

997GT3 market and GT4 market are two different markets IMO.
Old 02-06-2015, 01:03 PM
  #183  
997s07
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There will be some who were in the market for a 997 GT3 that will buy a GT4. Some. As soon as they see a 997 GT3 in their GT4 they will say, šhit, I wish I didn't buy the GT4. These aren't substitutes, while GT4 buyers will reason themselves that they are, deep down they know.

Moral of the story is that buy what you really want and can reasonably afford. The GT4 will be more expensive than the 997.1 GT3. The GT4 will also not be a substitute for most 997.2 GT3 followers as they see the 911 looking much better than the Cayman, and see a 3.8l engine pushing 50 more hp.
Old 02-06-2015, 01:10 PM
  #184  
Manifold
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Originally Posted by 997s07
There will be some who were in the market for a 997 GT3 that will buy a GT4. Some. As soon as they see a 997 GT3 in their GT4 they will say, šhit, I wish I didn't buy the GT4. These aren't substitutes, while GT4 buyers will reason themselves that they are, deep down they know.

Moral of the story is that buy what you really want and can reasonably afford. The GT4 will be more expensive than the 997.1 GT3. The GT4 will also not be a substitute for most 997.2 GT3 followers as they see the 911 looking much better than the Cayman, and see a 3.8l engine pushing 50 more hp.
Cayman is mid-engine and lighter than the 997. For many, those are reasons to prefer it, it's not necessarily just a consolation prize for those who can't find a 997 at a price they can accept.
Old 02-06-2015, 01:24 PM
  #185  
997s07
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Originally Posted by Manifold
Cayman is mid-engine and lighter than the 997. For many, those are reasons to prefer it, it's not necessarily just a consolation prize for those who can't find a 997 at a price they can accept.
Yes, a 997 seeker would not go for a Cayman. And a Cayman seeker would not go for a 997. They're not substitutes.

I have both. And I enjoy them differently. If there was a gun to my head, it'll be my 997 GT3 that I would choose. Even if a mid engine layed out car is the ideal platform.
Old 02-06-2015, 01:41 PM
  #186  
runet
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Originally Posted by 997s07
Even if a mid engine layed out car is the ideal platform.
I think this is a very interesting point: is it really the perfect layout for a (track/race) car without significant downforce?
Then why is the 911 GT3 versions the most successfull racecar of the last two decades? It has been beating both front-engine and mid-engine cars with way more power for 15 years now. If the rear-engine layout was so bad it should stand absolutely no chance against any mid-engine car with equal or more power, but it even beats them. Why - if it's so wrong?
Old 02-06-2015, 01:45 PM
  #187  
GTgears
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Originally Posted by 997s07
The GT4 will also not be a substitute for most 997.2 GT3 followers as they see the 911 looking much better than the Cayman, and see a 3.8l engine pushing 50 more hp.
People keep harping on the published HP. Not only did Andreas pretty much say the car is underrated, we are car guys. 6 months after they we the car, we will install a Cargraphics exhaust and the IPD plenum and pick up a couple dozen HP over stock. Who is really going to leave this car 100% stock? I wouldn't.
Old 02-06-2015, 01:47 PM
  #188  
neanicu
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Originally Posted by runet
I think this is a very interesting point: is it really the perfect layout for a (track/race) car without significant downforce? Then why is the 911 GT3 versions the most successfull racecar of the last two decades? It has been beating both front-engine and mid-engine cars with way more power for 15 years now. If the rear-engine layout was so bad it should stand absolutely no chance against any mid-engine car with equal or more power, but it even beats them. Why - if it's so wrong?
But then again the 911 was beating other brand mid engined cars. This is still a Porsche,maybe they'll work it to deserve wearing a GT badge...?
Old 02-06-2015, 01:58 PM
  #189  
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Originally Posted by 997s07
Yes, a 997 seeker would not go for a Cayman. And a Cayman seeker would not go for a 997. They're not substitutes.

I have both. And I enjoy them differently. If there was a gun to my head, it'll be my 997 GT3 that I would choose. Even if a mid engine layed out car is the ideal platform.
I have a manual 997 C2S, manual Cayman R, and PDK 991 GT3. All are fun in their own ways, and all are fast enough for track days. Best scenario is to be able to switch between them often, since variety is the spice of life. If I had to choose only one for the track, it would be the GT3, but I can see myself potentially liking the GT4 just as much. For the road, I think I'd go with the 997 C2S.
Old 02-06-2015, 03:27 PM
  #190  
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Could not agree more-still can't understand why people are praying for a bubble for the 997.2 GT3. If the market price is too high move on and find something you can justify. If others think the same the price will naturally fall. The beauty of 911's is that each generation is unique and satisfying in their own right. I agree with most that their "maybe" a slight correction in the price of 997 GT3's but in the long run they will continue to rise overtime. If I am wrong-well its not the end of the world. By the way I am in the camp of GT4 is an add to the collection vs a replacement for a GT3.
Old 02-06-2015, 03:51 PM
  #191  
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This is a car for that buyer that would like to go back in time to buy a 997.2 GT3 or 3RS new, but can't justify spending more money for the same car 4 years later after the warranty expired and some other guy was farting in the seats and thrashing the motor. That's why I'm buying a GT4. It's the best manual-transmission Porsche they still make brand new.

If I had a .2 GT3 I bought new there's not a chance in a million years I'd give it up for this car.
Old 02-06-2015, 04:29 PM
  #192  
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It’s inevitable that 997 GT3 prices come down because there is now an alternative … a true GT car with a manual and warranty. The 997 GT3 prices are where they are now for a reason – because there was not an alternative (again w/ manual in this price range). Once they race GT4s/GT4 Cups the criticism of the non-racing 9A1 will be moot as someone already said.

Hence two GT4 threads on the 997 GT3 board with a combined 21 pages… Why do you think I troll this board (as an ’87 Carrera owner)? Because I am looking to buy a GT car in the $80-90k price range and now I have another choice. Basic math.

I do agree in the long run that 997 GT3s will come back in price and appreciate like air-cooled cars. That will happen when people buy them not because they are the fastest, but because of the experience/nostalgia of driving them. Hell I might still buy one, but you are fooling yourself if you think this will not affect its (997 GT3) price.
Old 02-06-2015, 05:01 PM
  #193  
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Originally Posted by destaccado
This is a car for that buyer that would like to go back in time to buy a 997.2 GT3 or 3RS new, but can't justify spending more money for the same car 4 years later after the warranty expired and some other guy was farting in the seats and thrashing the motor. That's why I'm buying a GT4. It's the best manual-transmission Porsche they still make brand new. If I had a .2 GT3 I bought new there's not a chance in a million years I'd give it up for this car.
I agree.
Old 02-06-2015, 05:26 PM
  #194  
runet
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Originally Posted by Maxhouse97
It’s inevitable that 997 GT3 prices come down because there is now an alternative … a true GT car with a manual and warranty. The 997 GT3 prices are where they are now for a reason – because there was not an alternative (again w/ manual in this price range). Once they race GT4s/GT4 Cups the criticism of the non-racing 9A1 will be moot as someone already said.

Hence two GT4 threads on the 997 GT3 board with a combined 21 pages… Why do you think I troll this board (as an ’87 Carrera owner)? Because I am looking to buy a GT car in the $80-90k price range and now I have another choice. Basic math.

I do agree in the long run that 997 GT3s will come back in price and appreciate like air-cooled cars. That will happen when people buy them not because they are the fastest, but because of the experience/nostalgia of driving them. Hell I might still buy one, but you are fooling yourself if you think this will not affect its (997 GT3) price.
I hope someone remembers to dig this thread up in 5 years so we can see who's right and who's wrong. I disagree with you 100%, even if some 997 GT3 lurkers might be tempted by the GT4 at the moment I doubt that will affect prices much in the short run and they will continue the way they are going now in the long run.
Old 02-06-2015, 05:44 PM
  #195  
997s07
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Originally Posted by GTgears
People keep harping on the published HP. Not only did Andreas pretty much say the car is underrated, we are car guys. 6 months after they we the car, we will install a Cargraphics exhaust and the IPD plenum and pick up a couple dozen HP over stock. Who is really going to leave this car 100% stock? I wouldn't.
AP also said all GT cars have underrated HP numbers.

Cargraphics? You bet. IPD plenum? Does that really help?


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