[G35POPPEDMYCHERRY]

can anyone chime in on why GT3s are almost going for over 60-70k over what they were going for in 2018-2019. Obviously time is relative but like roughly going 5 years back.

I know cyrpto bros got money and the used market is wild, but damn where people getting all this cash.

I know people got money, but what changed after Covid

[335i54n]

its a specialty porsche and the internet really spread the word how awesome they are and YOLO after covid. any porsche GT or M/CS car is gonna be worth the buy imo.

[mattanderson]

Same thing for desirable Rolexes, etc. etc.

Limited supply combined with increasing demand and increasing dollar supply.

[///MPhatic]

It's all in people's minds. Fact is, there are less people around to buy such cars, so availability is better than ever before, it's all a huge farce.

Be patient, or lose a lot of money, your choice.

[G35POPPEDMYCHERRY]

Originally Posted by ///MPhatic

It's all in people's minds. Fact is, there are less people around to buy such cars, so availability is better than ever before, it's all a huge farce.

Be patient, or lose a lot of money, your choice.

Yeah I mean it is about time for me to get one. Had the cash then, just didn’t want to pull the trigger and now everyone got all this shit on make believe. Coild easily but a new one in cash, but I’m not eating any wild depreciation once this facade fades

[G30M]

demand up supply down price goes up = capitalism

[chassis]

Originally Posted by G35POPPEDMYCHERRY

can anyone chime in on why GT3s are almost going for over 60-70k over what they were going for in 2018-2019. Obviously time is relative but like roughly going 5 years back.

I know cyrpto bros got money and the used market is wild, but damn where people getting all this cash.

I know people got money, but what changed after Covid

Demand?

My take is: demand. Final answer.

[GTS Daddy]

Others will, but GT cars will never crash in value. It''s a pipe dream to think otherwise.

Time and time again, we have a perfect car for someone and hear the, "I'll wait for the market to drop." That might make sense for many other vehicles (did I hear G-wagon's), but not 911's and certainly not GT cars. As with anything, there will be corrections here and there, but if there is a 911 that checks the right boxes for you, don't hesitate!

In 2019, I had access to a 991.2 Touring with under 3K miles for $165K in Chalk. It was market price at the time. Although I prefer the wang, I thought to myself, that would be a great car to enjoy at $140K. I'll wait until 2021-2022 to snap one up. Yeah right, f**k me!

[G35POPPEDMYCHERRY]

Originally Posted by GTS Daddy

Others will, but GT cars will never crash in value. It''s a pipe dream to think otherwise.

Time and time again, we have a perfect car for someone and hear the, "I'll wait for the market to drop." That might make sense for many other vehicles (did I hear G-wagon's), but not 911's and certainly not GT cars. As with anything, there will be corrections here and there, but if there is a 911 that checks the right boxes for you, don't hesitate!

In 2019, I had access to a 991.2 Touring with under 3K miles for $165K in Chalk. It was market price at the time. Although I prefer the wang, I thought to myself, that would be a great car to enjoy at $140K. I'll wait until 2021-2022 to snap one up. Yeah right, f**k me!

I feel you man, cost isn’t the end all be all. And as others have chimed in, these cars hold their value and always will. Im not expecting anything crazy. I guess things are kind of stabilizing, but people still asking crazy prices, even on their “basic” build f80 like no full leather dct beaten f8x. That’s the on my thing I want to burst before I purchase.

Alas I will need a manual so I will be paying a premium. I’ll be a buyer under 170k but no hard and fast rule.

I seen them go for like 100-130k pre pandemic and they irks me lol

[Needsdecaf]

Originally Posted by GTS Daddy

Others will, but GT cars will never crash in value. It''s a pipe dream to think otherwise.

Time and time again, we have a perfect car for someone and hear the, "I'll wait for the market to drop." That might make sense for many other vehicles (did I hear G-wagon's), but not 911's and certainly not GT cars. As with anything, there will be corrections here and there, but if there is a 911 that checks the right boxes for you, don't hesitate!

In 2019, I had access to a 991.2 Touring with under 3K miles for $165K in Chalk. It was market price at the time. Although I prefer the wang, I thought to myself, that would be a great car to enjoy at $140K. I'll wait until 2021-2022 to snap one up. Yeah right, f**k me!

Eh, I don't necessarily agree. A few years ago, 991.1 GT3's were in the $120 to $140k range. The are slowly getting back there too.

I think the market is forever changed on GT cars, but the 991.X's WILL come down as the 992.2 GT3's come out and the 991's age.

Cooking 991's are dropping and you can pick up a 992 Carrera or S for "reasonable" money. But T/GTS and Turbo are just "fooking stoopid" money. GTS in the $160's? It's not that good of a car, sorry.

[Needsdecaf]

Originally Posted by G35POPPEDMYCHERRY

can anyone chime in on why GT3s are almost going for over 60-70k over what they were going for in 2018-2019. Obviously time is relative but like roughly going 5 years back.

I know cyrpto bros got money and the used market is wild, but damn where people getting all this cash.

I know people got money, but what changed after Covid

First, the overall car market is totally screwed. When you are getting ADM on a freaking Civic SPORT, not even a Type R, what do you expect for a GT?

Second, the 911 R kicked this whole thing off when it proved that people wanted a GT car with a manual. Porsche finally woke up and started building that for the 991.2. Then they realized they could print money with special editions, and expanded PTS and CXX orders and the game was on. When COVID hit, they saw people were willing to pay stupid money for GT cars and made sure that their real supply constrictions stayed that way, even as dealers starved for cars.

Dealers have whale customers. I am super poor compared to most customers at my local dealer. They started playing the game of "don't pay me ADM, but buy the car and flip it back to me in 6 months at MSRP, and then I'll sell it 'used' and make my money then. In return I'll get you allocation of next GT car". Rinse and repeat, add the runaway success of the 992 Turbo to the mix and boom, the market is where it is.

Yesterday I saw a 718 Spyder with about $5k miles for $135k at my dealer. I think sticker was about $115k. Sheesh.

[Clark_Kent]

Originally Posted by Needsdecaf

First, the overall car market is totally screwed. When you are getting ADM on a freaking Civic SPORT, not even a Type R, what do you expect for a GT?

Second, the 911 R kicked this whole thing off when it proved that people wanted a GT car with a manual. Porsche finally woke up and started building that for the 991.2. Then they realized they could print money with special editions, and expanded PTS and CXX orders and the game was on. When COVID hit, they saw people were willing to pay stupid money for GT cars and made sure that their real supply constrictions stayed that way, even as dealers starved for cars.

Dealers have whale customers. I am super poor compared to most customers at my local dealer. They started playing the game of "don't pay me ADM, but buy the car and flip it back to me in 6 months at MSRP, and then I'll sell it 'used' and make my money then. In return I'll get you allocation of next GT car". Rinse and repeat, add the runaway success of the 992 Turbo to the mix and boom, the market is where it is.

Yesterday I saw a 718 Spyder with about $5k miles for $135k at my dealer. I think sticker was about $115k. Sheesh.

Correct. And this is the very reason many dealers refuse to sell to out of market clients. If you're a dealership in TX and you sell to someone in IL, you will not get to service the car and you most certainly will never see it again. Dealerships have mastered the art of making money off the same car for years even as it continues to change hands. I was able to find a dealership willing to sell a GT car out of market, but it came at a cost.

[G35POPPEDMYCHERRY]

Originally Posted by Needsdecaf

First, the overall car market is totally screwed. When you are getting ADM on a freaking Civic SPORT, not even a Type R, what do you expect for a GT?

Second, the 911 R kicked this whole thing off when it proved that people wanted a GT car with a manual. Porsche finally woke up and started building that for the 991.2. Then they realized they could print money with special editions, and expanded PTS and CXX orders and the game was on. When COVID hit, they saw people were willing to pay stupid money for GT cars and made sure that their real supply constrictions stayed that way, even as dealers starved for cars.

Dealers have whale customers. I am super poor compared to most customers at my local dealer. They started playing the game of "don't pay me ADM, but buy the car and flip it back to me in 6 months at MSRP, and then I'll sell it 'used' and make my money then. In return I'll get you allocation of next GT car". Rinse and repeat, add the runaway success of the 992 Turbo to the mix and boom, the market is where it is.

Yesterday I saw a 718 Spyder with about $5k miles for $135k at my dealer. I think sticker was about $115k. Sheesh.

so how does selling to the whale and returning at MSRP solve anything? they essentially get a used car back for MSRP? Why not sell it new for crazy mark-up.

CEO of my last company was a whale. every year has a new cayenne, 911, and macan, all turbo S.

[cvstar9M3]

Originally Posted by Needsdecaf

Eh, I don't necessarily agree. A few years ago, 991.1 GT3's were in the $120 to $140k range. The are slowly getting back there too.

I think the market is forever changed on GT cars, but the 991.X's WILL come down as the 992.2 GT3's come out and the 991's age.

Cooking 991's are dropping and you can pick up a 992 Carrera or S for "reasonable" money. But T/GTS and Turbo are just "fooking stoopid" money. GTS in the $160's? It's not that good of a car, sorry.

Great topic OP! A few years you could've gotten a 2014 gt3 for as little as mid to high 90k. it will take a while to back to those days... but yeah, the numbers are coming down to earth a little. I'm hoping to get a 991.1 in a few years myself. What about the 997.2 gt3 though? They approaching 200k now and there is no sign of coming down smh... i so wish I had gotten one of those years ago, but I couldnt afford it. I drove a friend's yesterday and by far that's my favorite. It was epic! What a car! I've also driven 991.1 and 991.2!

[clutchdj]

here is my rant: That 997.2 is the closet thing to the 997 gt3 rs 4.0. plus low production numbers & that mezger howl make them desirable. if I recall correctly only about 700 997.2s were made. 991.1 are plagued with “bad engines”. That is why pricing is typically the lowest on them. They are not shit. Just higher risk. Covid was the time to sell them haha. Some are on original engines. Some have had more than one motor replaced. Porsche “fixed” that issue with their 991.2 motor.

So OP the reason why they’re calling for the constant premium is because of the supply and demand. Really it’s just demand mostly because they have always held their (GT cars) value. Some of them are actually investments. Imho unless we have another global pandemic these cars will not really drop below msrp. All engine (na) sports cars have hit their glass ceiling. While they still will be produced only the wealthy will be able to obtain them with what appears to be a permanent ADM on the hot cars and lower production numbers each year. 997 RS/GT2/959/certain spyder/ 356’s & the 964s are also fine Porsches that actually appreciate. Used to be only Rolls Royce’s that appreciate lol.

[NickyC]

Trillions upon trillions printed during the flu scam, coupled with the reduced supply for a couple years built the perfect storm. The most amazing wealth transfer during those 2+ years is unlike anything we'll ever see again.

Interest rates will have to be in the high teens before we ever see anything approaching normal prices again.

[clutchdj]

Exactly

[Needsdecaf]

Originally Posted by G35POPPEDMYCHERRY

so how does selling to the whale and returning at MSRP solve anything? they essentially get a used car back for MSRP? Why not sell it new for crazy mark-up.

CEO of my last company was a whale. every year has a new cayenne, 911, and macan, all turbo S.

Because then they can look at PCNA with a straight face and say "see, you told us not to charge ADM and we're not. So don't cut our allocations next quarter".

Because allocations are the key.

[wtwo3]

Will we get to a point where you no longer have to have bought 15 macans and suck the GM's cock to be given the opportunity to pay $100k ADM to get your hands on a GT3?

[heavyD^2]

Demand never changed and it's more that there was 2-3 years of halted to greatly reduced manufacturing output that has led to the current inflated pricing. There's a long game to win for people that play their cards right.

[ENV²]

Great topic. I kick myself for not stretching and buying a 997.1 GT3 at $69k pre Covid. Now theyre around $120k. The market will soften for the 991.2 cars in a few years but the manuals (which is the only one I want) will hold better. I think the E46/E9x market is the one that is ridiculous. The E46 isnt a phenomenal car, it is good but far from perfect. Same thing happened for the muscle car guys. Just a car a lot of us wanted in high school and now that we can afford it so can all the other guys that were in high school with us and some are willing to pay more than others.

[///MPhatic]

Originally Posted by cvstar9M3

Great topic OP!

Evandro!