GT3/GT2 Performance and Track Discussion on the Porsche GT3 and GT2

Which one of the Two will hold its value best (997 GT3 or 991 GT3)?

Thread Tools
 
Rate Thread
 
Old Sep 15, 2015 | 06:05 PM
  #1  
hydeaway's Avatar
Thread Starter
|
Registered User
Joined: Jan 2007
Posts: 217
From: Chicago
Rep Power: 28
hydeaway is infamous around these parts
Which one of the Two will hold its value best (997 GT3 or 991 GT3)?

I love the pdk and I think its good that Porsche is going this route. But which of the two will hold its value best? The last stick shift GT3 or the more sophisticated easier to drive 991 GT3....
 
Old Sep 16, 2015 | 02:11 AM
  #2  
RossL's Avatar
Registered User
Joined: May 2009
Posts: 1,031
From: MD
Rep Power: 80
RossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond repute
My opinion, neither. We're in a bubble market and both will devalue once the Porsche bubble bursts.
 
Old Sep 16, 2015 | 06:42 AM
  #3  
agentf1's Avatar
Registered User
Joined: Jun 2005
Posts: 131
Rep Power: 27
agentf1 is infamous around these partsagentf1 is infamous around these parts
Originally Posted by RossL
My opinion, neither. We're in a bubble market and both will devalue once the Porsche bubble bursts.
Are you saying all Porsche's are in a bubble including the 993's and the older air cooled cars? Or just the GT3's are in a bubble.

I have to respectfully disagree about us being in a bubble, I do expect them to go up and down a little bit with the economy/season etc but I do not expect them to drop dramatically as if the bubble burst. They truly are amazing cars and they do not make anything close to them anymore. While the 991's are awesome cars too and the PDK is an awesome trans people want the old school 6 speeds. And it is not just the 6 speed, it is the size of the car, lack of electric steering etc etc... I think the GT3's will continue to demand a premium. That said I have been wrong before and now that I own one similar to when I buy that hot stock the bottom usually falls out. ;-)

To answer your question, I think the 997 GT3 will hold its value better. I also think the 997 TT's are the next car to join the "bubble". JMHO
 

Last edited by agentf1; Sep 16, 2015 at 06:46 AM.
Old Sep 16, 2015 | 10:18 AM
  #4  
RossL's Avatar
Registered User
Joined: May 2009
Posts: 1,031
From: MD
Rep Power: 80
RossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond repute
Originally Posted by agentf1
Are you saying all Porsche's are in a bubble including the 993's and the older air cooled cars? Or just the GT3's are in a bubble.

I have to respectfully disagree about us being in a bubble, I do expect them to go up and down a little bit with the economy/season etc but I do not expect them to drop dramatically as if the bubble burst. They truly are amazing cars and they do not make anything close to them anymore. While the 991's are awesome cars too and the PDK is an awesome trans people want the old school 6 speeds. And it is not just the 6 speed, it is the size of the car, lack of electric steering etc etc... I think the GT3's will continue to demand a premium. That said I have been wrong before and now that I own one similar to when I buy that hot stock the bottom usually falls out. ;-)

To answer your question, I think the 997 GT3 will hold its value better. I also think the 997 TT's are the next car to join the "bubble". JMHO
No offense but if you don't think 993s are in a bubble you haven't looked at history. Here's a reference point on the 993 Turbo: https://www.hagerty.com/valuationtoo...ort?vbe=107622

Here's the market in general for "classics". Take your choice because they are almost all in a bubble right now with German cars being the most obvious: https://www.hagerty.com/valuationtools/market-trends

Not a bubble?

Back to the primary topic. My advice is to never consider a car an investment. They are the first to tank in a down economy and you never know what car makers will do (Especially Porsche!). Take the 997 GT3 as an example. Why are they holding value? Because it's the only manual? Because it's smaller? What if the 991.2 GT3 is a manual or they make the heavily rumored 911R? The 997 GT3 isn't rare numbers wise so what's to say they won't depreciate like the 996 did?

The Porsche market is insane right now (see above links if you don't believe me). Just 6 months ago I considered buying a flawless 997 GT2 with 3k miles on it for 130k list and passed because everyone told me it's not a racebred car. The car was listed for weeks before I assume it sold. That car is now selling for 190k when just 6 months ago all GT2s were 130k and less. My theory is businesses and some individuals are taking advantage of the cash rich market and are buying up cars and flipping them which is further driving up prices. Does this sound familiar? If not, look at the housing market from a few years ago

Buy the car you like more. The 997 is completely different than the 991. They both have pros and cons. Buy it, drove it like you stole it, and don't think about depreciation. If you do you won't enjoy the car and you'll just make it a garage queen which may or may not lose money.
 
Old Sep 16, 2015 | 08:22 PM
  #5  
Wegentop's Avatar
Registered User
Joined: Mar 2014
Posts: 31
From: Australia
Rep Power: 14
Wegentop is infamous around these parts
I get told from dealer in Australia says, Porsche is going to release a version call 911R which has the same spec as GT3RS engine with manul gear box, not sure if thats true, i bet this will holds value like sports classic or GT3RS 4.0 in the 997.2 just becasue of the manul gear box is going to disapper in the near future.
 
Old Sep 17, 2015 | 06:11 AM
  #6  
agentf1's Avatar
Registered User
Joined: Jun 2005
Posts: 131
Rep Power: 27
agentf1 is infamous around these partsagentf1 is infamous around these parts
If you look at the prices of the GT3 RS's or the 4.0's I think the prices on the regular GT3's are a steal right now.

I thought I might have paid too much for mine until I heard it on the backroads at 7000 rpm's.
 
Old Sep 17, 2015 | 09:13 AM
  #7  
Johnny DB's Avatar
Registered User
10 Year Member
Joined: Aug 2010
Posts: 2,185
From: Canada
Rep Power: 149
Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !Johnny DB Is a GOD !
I have to agree with RossL...I know I'm in the Canadian market but was looking to sell my 2009 Turbo and buy a GT3RS. I came back down to earth and realized that I could keep my Turbo, buy a used Gallardo or Fcar and still have some cash in the bank for the cost of an RS! Were are in a bubble. I hope the 911R happens
 

Last edited by Johnny DB; Sep 17, 2015 at 09:18 AM.
Old Sep 19, 2015 | 04:27 AM
  #8  
fxz's Avatar
fxz
Registered User
Joined: Sep 2015
Posts: 7
Rep Power: 0
fxz is infamous around these parts
Originally Posted by RossL
No offense but if you don't think 993s are in a bubble you haven't looked at history. Here's a reference point on the 993 Turbo: https://www.hagerty.com/valuationtoo...ort?vbe=107622

Here's the market in general for "classics". Take your choice because they are almost all in a bubble right now with German cars being the most obvious: https://www.hagerty.com/valuationtools/market-trends

Not a bubble?

Back to the primary topic. My advice is to never consider a car an investment. They are the first to tank in a down economy and you never know what car makers will do (Especially Porsche!). Take the 997 GT3 as an example. Why are they holding value? Because it's the only manual? Because it's smaller? What if the 991.2 GT3 is a manual or they make the heavily rumored 911R? The 997 GT3 isn't rare numbers wise so what's to say they won't depreciate like the 996 did?

The Porsche market is insane right now (see above links if you don't believe me). Just 6 months ago I considered buying a flawless 997 GT2 with 3k miles on it for 130k list and passed because everyone told me it's not a racebred car. The car was listed for weeks before I assume it sold. That car is now selling for 190k when just 6 months ago all GT2s were 130k and less. My theory is businesses and some individuals are taking advantage of the cash rich market and are buying up cars and flipping them which is further driving up prices. Does this sound familiar? If not, look at the housing market from a few years ago

Buy the car you like more. The 997 is completely different than the 991. They both have pros and cons. Buy it, drove it like you stole it, and don't think about depreciation. If you do you won't enjoy the car and you'll just make it a garage queen which may or may not lose money.
Only few models hold value
You miss that we are very close in a geological new era for cars and much closer for Porsche
all 991 aspirated engine are gone
very few units as 991R etc. until 2018 when 992
will go hybrid for all including GTx

Any 911 NA not mass produced (few thousands) is an instant classic
which of course is not valid for
a Turbo and consistently a Turbo 991 whichever model devaluate

different story GT2 which wasn t produced in many units

sorry you missed a masterpiece like GT2
but if market doesn t bother you
why don t you buy a standard 991 used Turbo /S ? is faster and cost less
 

Last edited by fxz; Sep 19, 2015 at 05:11 AM.
Old Sep 19, 2015 | 07:43 AM
  #9  
Steve Theodore's Avatar
Registered User
20 Year Member
Joined: Apr 2005
Posts: 2,436
From: North Bend, WA
Rep Power: 164
Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !
RossL makes some good points but I'd say the late model 997 GT3s are going to do fine over time for all the reasons mentioned AND that they are Mezger powered cars. One of the best indicators of future value with most cars is number sold, and so it would be worthwhile to figure out how many of one style (ie: 997 GT3) they make versus another (ie: 991 GT3). It seems to me that 991s are being produced in high numbers, which could ultimately hurt their values if that is indeed the case.

For cars like mine (997.2 GT3 RS), they only sold something like 543 across 2 model years in the USA (2010 and 2011) and thus I'm not terribly worried about any bubbles to burst. But, the advice to not buy cars as investments is sound.
 
Old Sep 19, 2015 | 07:53 AM
  #10  
fxz's Avatar
fxz
Registered User
Joined: Sep 2015
Posts: 7
Rep Power: 0
fxz is infamous around these parts
Originally Posted by Steve Theodore
RossL makes some good points but I'd say the late model 997 GT3s are going to do fine over time for all the reasons mentioned AND that they are Mezger powered cars. One of the best indicators of future value with most cars is number sold, and so it would be worthwhile to figure out how many of one style (ie: 997 GT3) they make versus another (ie: 991 GT3). It seems to me that 991s are being produced in high numbers, which could ultimately hurt their values if that is indeed the case.

For cars like mine (997.2 GT3 RS), they only sold something like 543 across 2 model years in the USA (2010 and 2011) and thus I'm not terribly worried about any bubbles to burst. But, the advice to not buy cars as investments is sound.
in 996 997 there s almost nothing about Metzger but Porsche marketing

Naturally aspirated engine are going to disappears this what is making the collectable

991 naturally aspirated GT are the best of Porsche naturally aspurated evolution revving 9k RPM piston speed metallurgy used etc.997 series is 10 steps back on that

997 GT3 were so far more produced than 991 GT3

.2 991 GT3 is unlikely as it would go against the Porsche turbo marketing to push base 991.2 all turbo since this month

most likely we will see 991 GT2 and GT2 RS

rest of non turbo 991 GT in very few units

worth to mention
GTS is nothing , not a GT but a 2S powerkit
 

Last edited by fxz; Sep 19, 2015 at 08:00 AM.
Old Sep 19, 2015 | 08:07 AM
  #11  
RossL's Avatar
Registered User
Joined: May 2009
Posts: 1,031
From: MD
Rep Power: 80
RossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond repute
Originally Posted by fxz
Only few models hold value
You miss that we are very close in a geological new era for cars and much closer for Porsche
all 991 aspirated engine are gone
very few units as 991R etc. until 2018 when 992
will go hybrid for all including GTx

Any 911 NA not mass produced (few thousands) is an instant classic
which of course is not valid for
a Turbo and consistently a Turbo 991 whichever model devaluate

different story GT2 which wasn t produced in many units

sorry you missed a masterpiece like GT2
but if market doesn t bother you
why don t you buy a standard 991 used Turbo /S ? is faster and cost less
There is so much speculation here that you post like it's fact. Porsche hasn't officially said the 992 will be hybrid. Porsche also never said the GT versions will go hybrid. In fact AP has stated to the contrary. Anyone that follows Porsche knows nothing is fact till the car is released because Porsche are great at keeping things secret.

Regarding the GT2, I'm not in the market for one. I was tired of waiting for my GT3 with the stop sale.
 
Old Sep 19, 2015 | 08:15 AM
  #12  
RossL's Avatar
Registered User
Joined: May 2009
Posts: 1,031
From: MD
Rep Power: 80
RossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond reputeRossL has a reputation beyond repute
Originally Posted by Steve Theodore
RossL makes some good points but I'd say the late model 997 GT3s are going to do fine over time for all the reasons mentioned AND that they are Mezger powered cars. One of the best indicators of future value with most cars is number sold, and so it would be worthwhile to figure out how many of one style (ie: 997 GT3) they make versus another (ie: 991 GT3). It seems to me that 991s are being produced in high numbers, which could ultimately hurt their values if that is indeed the case.

For cars like mine (997.2 GT3 RS), they only sold something like 543 across 2 model years in the USA (2010 and 2011) and thus I'm not terribly worried about any bubbles to burst. But, the advice to not buy cars as investments is sound.
The RS models will always be collector cars, regardless of generation. However, I do think the prices have gone ridiculous recently and will come back down. 200k for a 997 RS is ridiculous. 150k on the other hand seems reasonable.
 
Old Sep 19, 2015 | 08:20 AM
  #13  
fxz's Avatar
fxz
Registered User
Joined: Sep 2015
Posts: 7
Rep Power: 0
fxz is infamous around these parts
Originally Posted by RossL
There is so much speculation here that you post like it's fact. Porsche hasn't officially said the 992 will be hybrid. Porsche also never said the GT versions will go hybrid. In fact AP has stated to the contrary. Anyone that follows Porsche knows nothing is fact till the car is released because Porsche are great at keeping things secret.

Regarding the GT2, I'm not in the market for one. I was tired of waiting for my GT3 with the stop sale.
Is not AP but race and street car regulators that impose hybrid look Frankfurt 15 and 919

Porsche will never spend a single euro anymore on naturally aspirated R and D

991 baseline took the flight already
 
Old Sep 19, 2015 | 10:42 PM
  #14  
Steve Theodore's Avatar
Registered User
20 Year Member
Joined: Apr 2005
Posts: 2,436
From: North Bend, WA
Rep Power: 164
Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !Steve Theodore Is a GOD !
Originally Posted by fxz
...
Porsche will never spend a single euro anymore on naturally aspirated R and D

991 baseline took the flight already
So far they remain committed to natural aspiration for the current GT cars but you're right that it will be interesting if they continue to do so for new models that aren't yet developed. That will really be a big deal if they go to forced induction for all their line-up.
 
Old Sep 20, 2015 | 03:31 AM
  #15  
fxz's Avatar
fxz
Registered User
Joined: Sep 2015
Posts: 7
Rep Power: 0
fxz is infamous around these parts
Originally Posted by Steve Theodore
So far they remain committed to natural aspiration for the current GT cars but you're right that it will be interesting if they continue to do so for new models that aren't yet developed. That will really be a big deal if they go to forced induction for all their line-up.
today they re already working on hybrid GT
to design a new car takes years
and 2018 presentation is not far

i am not but the collectors are not so stupid as somebody might think
 


You have already rated this thread Rating: Thread Rating: 0 votes,  average.


All times are GMT -6. The time now is 08:33 PM.