I do think it will affect the 997 GT3 market a bit.

Yes: Because people are looking for the best track car they can find in a porsche and right now its the GT3 991 and GT4 then the 997. Plus the GT4 puts you in the other class than a gt3

Which is the best reason to get it IMHO, i dont go to the track to feel like a purist rowing gears and if I want too, i'll get a GT4.

There will be the guys that want the 997 just so they can talk about how they have the last GT3 with a stick but the only people caring are guys not on the track enjoying their cars.

You will have a bunch of Cayman guys looking at the new gt4 vs a 997.2 GT3 and which one are they gonna get based off my comments above.

I enjoy the track more and more and am considering a GT3 991 in the future and to be honest the one put off of the Gt4 was the stick. I will reserve the stick for the true purist cars, the 356 and 930 I will own soon. Well maybe not the 356 yet.

From someone that tracks his cars and has had both a PDK and now manual GT3, I enjoy the manual on the track more because it's more challenging, and rewarding. The pdk is faster, no doubt and is fun at the track but I'll always prefer a manual. Unless you are one of those guys chasing lap times. The PDK def has its advantages out on track, that is undeniable.
Your comment about manuals and track use is completely not true.

Crap, somebody just put another nickel in the Jukebox. hilarious

Slap on your dancing shoes then, lol.

I have an 07 gt3 and now a 991gt3. Planning on tracking both this season. Prob back to back days with 2015 to spread out track ins cost.
Will have fun with both no doubt.

In regards to 997 GT3 depreciation, remember that it is likely that the GT4 will also show some depreciation. In short, buy the car you like.

Treating this as a supply/demand problem, I see no real increase in supply, but a significant decline in demand, so I conclude prices will come down.

On the supply side, I am guessing that GT3 owners will not be inclined to sell their GT3's for a GT4. Forum chatter seems to support this. The exceptions may be those to whom lap times are really important, but by an large, I suspect at least early on the GT4 won't be the reason people get out of their GT3's. I think their thinking has a lot to do with GT3 owner satisfaction, perceived prestige of owning a 911, some will argue racing heritage, and inertia (why sell what I love?).

The problem for GT3 resale, in my view, will be on the demand side assuming Porsche makes more than just a few GT4's, which indications are that it will.

You have to figure that the GT4 will at least equal if not meaningfully outperform the 997 GT3. Porsche has already hinted as much. The GT4 is arguably a very important branding statement for Porsche--they need to, and you know they will--get it right. The Cayman is obviously the better platform for performance and Porsche will be able to get more out of it for less. Walter Rohrl already calls the GT4 the "perfect handling car" and other than big tracks says he prefers the GT4 over the (presumably he was talking about the 991) GT3. the press is already salivating over the car. In short, I think it is easy to predict that the car magazines will treat this car akin to the second coming of Jesus and everyone will want one. Finally, in the well-watched EVO interview, AP specifically suggests the GT4 as an alternative for the buyer considering a used GT3. And don't you think that Porsche has done some market research here? AP's comment suggest to me that Porsche targeted this car squarely at the used GT3 buyer, and at the same time looking to attract that core brand buyer for whom the 991 GT3 is out of reach. Indeed, as I think about the GT4, with the MT, the GT3 brakes and suspension, and most importantly its pricing, is it not at least arguable that the GT4 is really a spiritual 997.3? I would not be at all surprised, and frankly expect that the GT4 will be to the GT3 997.2, what the 997.2 was to the GT3 997.1.

Now as one of those would be GT3 buyers, apart from the performance comparisons, I have the increasingly difficult task of finding and buying an aging GT3 with low miles that hasn't been abused or run hard (with a likely premium), or accepting the fact that the car has miles and/or has been run hard and accept the risk. OR, I can buy a new GT4, with its better engine layout, updated technology, updated interior, spec to my tastes, full warranty, with at least the same, if not superior performance for the same or less money.

And in 2-3 years when the GT4 (and the 991 GT3) hits the used market and the 997GT3 is nearly a 10 year old car....

In short, to think that the 997 GT3's are going to hold the kind of value they enjoy today is, IMHO, not realistic. There will be those that have to have a 911, Metzger engine and whatever, and partly because of this I am sure the 3 will always have relatively strong residuals for its age and mileage, and over the long term at least reasonably collectible, but the downward pressure of age, technology, and "new" over the next 10 years is IMHO going to have their inevitable effect on resale.

Also, regardless of the introduction of the GT4, when you say you are going to have to pay a premium for your extra clean GT3, you should realize that if you plan to put miles on the car and particularly if you are going to track an untracked car, the next buyer won't be paying you that premium. In short, I think you are setting yourself up for a pretty good hit akin to new car ownership.

Now having said that, would I want a 997.3 GT3 in pristine condition? You bet! And I will be pissing myself with envy if you buy it. If you want it and can afford it then I would say hell yes buy it as you only live once, but if resale has to be an important part of the equation I would have to think twice.

Of course, if you buy a GT4 instead (or any new or pristine used car), will you not be looking at typical new car depreciation? That can be pretty brutal too although I suspect less so for any GT car. Regardless, I am on the list for the GT4 and mulling that concern myself.


Anyway, I hope this helps. Good luck and let us know what you decide.

+1, The real answer is yes, they are reasonably similar in power and usage, alot of guys will sell 997 non-RS GT3s to get a similar duty mid engine new car with a warranty.

"Sell Mortimer, Sell!"

Awww crap....anyone want to buy a Diablo

I recently just bought 997.1TT for that legendary Mezger engine, lately I am looking to add 997GT3 to the garage but prices are ridiculous for 8 years old car with no warranty and history of abuse on the track. I pass the GT3 and waiting for GT4 first drive review then put in order. However, I wouldn't sell GT3 to buy GT4 though.

I think it's possible that it could soften prices on the GT3's. There's a lot of cross shopping these cars for various reasons so having a mid-engine 3 pedal car will be pretty compelling stuff.


And if the next version of the GT3 gives us a clutch pedal I think the prices on the 997 variants could take a good hit.


Or maybe not..

I have been watching just about every 997.1 and .2 GT3 for sale over the last 4 weeks. The .1's are stable and the .2's are rising 5-10K. There are high mileage cars that can be had for mid 90's and pristine cars for 140K! That's 5K from some new 991 GT3 prices. They are all using web based average pricing so when one goes high they all go high. It's stupid, borderline collusion :) Private party cars are priced better of course. I believe the dealers are trying to justify all of these prices with the whole last manual Mezger thing. It's a rough time to be looking for .2's. I think they will start to come down as they sit for awhile, many are going on 45 days now. The GT4 will help bring them down a bit too. I feel like these cars should be 110-115K when in low mileage great condition. Or am I off base?

Mj

I think the true market for the 997.2 gt3 is stable or slightly softer, there was one at autogallery that was listed this weekend, i saw the spec sheet, a 155 sticker, everything expect ceramics, im pretty sure sold for low 120s, 8K miles, looked pristine, perfect dme and cpo. I think the 2 highest price are in my neck of the woods, central ohio. But thats why they are still sitting there...I am waiting on release of the 991gt3rs, if a manual is offered along side the pdk, then for sure prices will soften on the 997 gt3 and gt3rs.