I just wanted to get your thoughts whether you think the 997.2 GT3 will depreciate a lot after the Cayman GT4 has come out. They are similar cars, and maybe the GT4 will be even a better driver's car? Obviously the GT4 is still under powered but it's still very close.

I am about to buy a 997.2 GT3 in immaculate condition but am a little worried about massive depreciation. I have to pay a premium for this GT3.

 

Nope.

 

I think there is a different attraction to the 997.2 GT3. I don't see a change in value due to the GT4.

 

Interesting.... ok.

 

What I've seen so far is that people don't only want a GT4 to replace their GT3, they see it as a cheaper car to add to their collection. The GT4 seems like a very capable car, and this may actually decrease the demand for a used 997 GT3 a little bit. But in the long run it will not effect the 997 GT3 prices too much I believe.

The 997 GT3's production ended, simple as that. In the future clean GT3's will become rare and sought after.

997 GT3 owners will not sell their cars to replace them with a GT4, but people who are currently looking for a used 997 GT3 may deviate to a GT4. I do understand their reasoning, but it is a little too early to tell. Let's wait for the reviews.

 

Yes I agree on all fronts. The logic sounds right. 997.2 manual GT3 owners won't sell it to buy a brand new GT4 or even an used GT4 once they are available used. But maybe someone who wants to get into a manual "driver's car" from Porsche could choose a GT4 over a used 997 GT3.

 

no..

 

absolute not

 

I agree. IMO 997.1 < GT4 all day long. With that said, I would rather have a 997.2 GT3 over a GT4

 

I suspect an economic downturn has the ability to soften the 997 GT3 market. GT4, maybe a touch.

 

Very different cars IMO, there will be some cross shopping.

 

Normally I'd agree but if you watch history, it seems a bit counter. The 997.2 seems to be an anomaly since the 996 depreciated and the 997.1 depreciated. The RS models on the other hand seem to be the highly sought after that do retain their values well.

So it begs the question of why is the 997.2 "worth" so much and what about it is holding its value? Is it the demand for the 997 RS is higher than available so it's bled into the GT3? Is it the manual with no new GT3 manual option? Is it the weekend track car with a warranty? I honestly don't know.

With the GT4 coming, will it pressure this since there is a warranty, manual trans, etc.. Or will the "purists" call the Cayman not a 911 and ignore it (I personally think this will prove true for many)? What about when a used market finally opens up for the 991 GT3? Will that bring down the value? So many questions and so many possibilities. Thank god no one buys cars as investments

 

As someone that wanted a GT3, but thought the 991 was too expensive and now see a 997 GT3 market as over priced, it's a good deal.

It's new, meaning a warrenty for 5 years, something I won't get with a used GT3. It's mid engine, it handles better, and now has the power to run with the big guys. It's an outstanding value, you get all the good stuff standard, add some fluf and it is still hard to break $103,000.

If money was no option, of course I would take a 991 GT3, but it's about $50,000 more. That's a lot of track time and tires.
I believe it does compete with the used 997 GT3 market, and once it's on the track I believe it will prove to be as fast if not faster than a 997 GT3.

My problem is that I am tall, I will have to see if I fit with the sport seats.

 

I agree with the two post prior and will add my two cents...who knows with this new Cayman...we do know as already stated there will be some Porsche snobs who won't touch anything but a 911.

I work in Manhattan and Manhattan Motors which is the Porsche dealer for the "City" says that Caymans just don't sell because the guys with the cash in the NY area don't care how fast...if it's not the iconic Porsche...aka 911! I think the GT4 will be a great car.

Now let's talk 997 GT3...This market got totally crazy thanks to Porsche's issues with the 991 GT3 this summer...It created a feeding frenzy for all things GT3 and anyone owning one of any generation (996 included) rose with the tide. In two more years when the 991s start coming off lease and the current owners yearn for the newest toy they will be used cars..in other words depreciation will set in like any other car. If you can buy a 991 GT3 in 2017 for $100K-$115K why would someone pay that same money which is the going rate for the 997.2 GT3?...SOME will say it's because it's still the only manual but we don't know that yet as the rumor mills are swirling that the 991 GT3 RS might ..could ...have a manual....it's just too early to tell. If Porsche doesn't put a manual in the 991 GT3 then the 997 GT3s will always be a pricey proposition and likely continues to appreciate..the GT3 RS is in a category by itself so know I am just talking about the 997.1 and 997.2 standard ones.

I'd love a 997.2 but the question is am I buying at the top of the market with a correction coming soon or should I just say jump in and whatever happens happens...when I bought my car 7.5 years ago I paid $52K and many ripped me and told me I got taken and shouldn't have paid more than low to mid $40K....Well at the time the car only had about 20,000 miles on it and as the dealer who had it told me...if you can find another one this clean with this low mileage go buy it but you won't buy this one if the offer doesn't start with a 5...Now I just smile when I hear or see some of the asking prices for 964 3.3s....these toys that we are fortunate to play with can change direction at any point in time...let's keep them running right and just enjoy driving them...love the banter these threads create! Enjoy your choice whatever it will be.

 

/\/\

991 RS will be PDK.