You perfectly resume my thought that i already made earlier this year. Porsche dealers made up stories to create inflation on their price tickets when in Europe you have now 3x more 992 GT3 on sales than the 991.2 gen. Same story for 3RS when you can now find recent models below msrp price and almost 150+ models on sale for an apparently « good investment » car. Where dealership were forcing us to clean up their worst stocks in order to get their GT’s. I warned some friends about that they didn’t listen. Now they’re struggling to sell them or they even lost money. Thanks God I sold mine last year
Am I the only person that bought a 992 GT3 to enjoy? I didn’t buy it as an investment. I could care less what the resale values are. I also own a 1971 911 and drive it as much as I can. Nobody ever said on their death bed “ I wish I didn’t drive my Porsche/Ferrari/Mclaren so it would be worth more for the next owner. If you can’t afford the depreciation then don’t buy the vehicle!
Testify!!! My Porsche dealer offers a flatbed pick up and drop off service to spare putting miles on your car. I mean, what the hell?? I didn't buy a Porsche to have it sit in the garage under a blankie between oil changes 😂
I agree, I recently bought a 991.2 GT3 and it’s just brilliant. It can sit in the garage alongside my 981 GT4 and I plan to enjoy driving them on road and track as much as I can. I buy stocks for investment, and Porsches for pleasure.
I’m currently watching the video and haven’t yet seen the conclusion , but I’ll react off the cuff. I own a 992.1 GT3 and with the release of the 992.2, prices will naturally drop, as we’ve seen with GT3 models between phase 1 and phase 2. Although there are many 992 GT3s, it’s important to remember that the 992.2 GT3 will likely be the last 992 model with a naturally aspirated engine. The next Porsche probably won’t be exclusively naturally aspirated, and we might also lose analog features like the left-hand button for cost reasons. Hybrid technology will take over, whether we like it or not, and for purists, this will mark a significant shift. There will be a ‘before the 992’ and an ‘after the 992,’ just like with the Alfa Romeo 75 When it comes to the price difference between phase 1 and phase 2 models, it’s important to note that phase 1 cars often had imperfections, even major issues like engine failures, as seen with the 991 and 997. This is why people tend to prioritize phase 2 models. However, there’s a proven love for the 991.1 GT3 RS, and in Europe, I haven’t seen a significant price difference. In fact, the 991.1 seems to be catching up with the 991.2 GT3 RS. 992.1 is perfect …
People getting upset over the twisty key over the button are making a big deal over nothing. It will affect the value zero. The upgrades in the car will outshine a start stop button.
@@davidalexandreg you think a twisty key that made almost zero sense is going to effect future values of 992? Lol. No. You know what will actually affect the value. The glutenous over production of GT cars. That will. Few people give a shit about the twisty key. It's something you do one time. And if you say it's
Buying cars as investments is just stupid. No car beats the market over 10 years. Buy a car to enjoy it for as long as you want it and sell it when you are ready for something new.
I had the 2017 991.2 GT3, and now have a 2022 992.1 GT3 (both ordered to spec). I was offered $115k over MSRP when I closed my 992.1 GT3 but I didn't sell because I bought the car to enjoy as an enthusiast, not as an investment, but it is good to know it will not depreciate at least. I knew the 992.1 GT3 price would decline from the initial premiums but then stabilize and eventually increase again because, in my view, the 992.1 GT3 will represent the peak GT3 in terms of performance & overall experience. Emissions are getting so tough that it will be hard for future GT3 models to maintain the n/a engine without significant compromises. The 992.2 GT3 engine is a prime example: Porsche had to work hard to overcome the extra GPFs (now 2) and CATS (now 4) to maintain merely the same HP, deliver less torque and compromised sound. Besides, the interior with the all digital screen replacing the analog rev counter, makes it less special. To me, the 992.1 GT3 in 6 spd manual is the best GT3 ever built and I prefer it to the 992.2 for the money (992.2 has much higher MSRP). Yes, too many were sold so supply is high (unlike 997 GT3) and that will keep prices in check but longer term, you can't go wrong with a 992.1 GT3. Even though I'll soon be receiving my 992.1 GT3 RS, I hope to keep my 992.1 GT3 6spd manual for as long as I can afford to do so! BTW, one of my favorite daily driver Porsches is my 25th Anniversary Boxster (No. 263/1250) 6 spd manual. That represents the peak of the mid-engine Boxster - it sounds and handles incredibly well on the road and I almost prefer it to any of the GT3s for daily driving.
In own a 992.1 GT3; the car is fantastic in all ways. Why would I want to sell or trade it in for anything else? The 992.2 will be significantly more expensive and will not exceed the 992.1 in any important way. I own these cars (I also owned the 991.2 GT3) to drive them and track them, not as an investment. Sure the price/value goes down over time, but this car's value will not "plummet"
Porsche and other OEMs should split up their allocation into 3 categories: 40% lottery system, 30% application, 30% true royal customers to the brand, with limited financing options, and a requirement of a minimum of 1 year period of ownership. Therefore creating an environment where people could actually have a shot of getting these cars, especially people who genuinely love them and not worried about market going up 10 or 20% in either direction. On top of that, please raise the price of these GT3s, if the margin of flipping if slim, it leaves room for actual enthusiasts, and honestly cars like that will go up in value in the long run anyway.
I’m fine with my 992.1 GT3 Touring Manual. The spec makes all the difference - they are not pro master cargo vans…which are basically all the same(other than the 3 different lengths & 2 heights). I think other automobiles like the C8 corvette - Paying 50k to 100k over on a C8…Upside down is a relative term. Just my 2 cents.
Love how you compared a 991 GT3 to a 991 Touring. Of course there is a huge price gap. I have a strange feeling that the 992.2 car is going to move further away from the analog nature of the GT3 ethos. Push button start, full digital dash. So you can have back seats and maybe 10 more HP, who cares. I expect the 992.1 will continue to lose some value but I highly doubt a landslide is coming. Just want until everything goes hybrid, the 992.1 will always be loved as it’s just about the perfect GT3.
Thanks for keeping it real, unique and thoughtful. It was painful to see how unattainable GT cars have become and this adjustment will be most welcomed.
Lmao ! Yeah they just announced the .2 with less torque, more weights, all digital dash and 2 opf and 4 catalytic converters making it sound likely worse! Oh yeah, they raised the .2 by 40k too!!!
The 992.2 GT3s saw a huge price increase... $40-50k. So given this, they are going to put less downward pressure on 992.1 prices than you think. Also, given the fact that .1s have already dropped $100k in transaction price, they probably don't have dramatically far to fall from here. Personally, I can see them hovering around MSRP once the .2 "dust" settles.
They deserve to plummet for no other reason than they got ridiculously overpriced. I fondly remember when you could actually find ANY 911 in a dealership. I wonder if those days will ever return.
Prices have had to go up in Europe and UK because Porsche are being fined £18K per car for not selling their quota of EVs. Ridiculous legislation. People now want to have a car built to their own spec rather than just buying a white car with black trim from the showroom. It suits Porsche because they make the big money on options. What other manufacturer charges for the colour of the seatbelts??
I think the massive price jump in the 992.2 will somewhat keep the 992.1 prices in their current price range. There’s also not a very big reason to upgrade from a .1 to a .2, unless you have the touring and want the new touring with rear seats and those kinds of new features.
Now we see the new car is marginally different, loses the nice analog tach, and adds $40k to the base price. Weissach pack doesn’t seem to add much over a 992.1 with the carbon hood and mirrors other than magnesium wheels. I don’t think 992.1 owners have anything to worry about. A good question is: for that 40k base price increase would you rather add a manthey kit to a 992.1 and maybe the ST flywheel and clutch if it’s manual?
I don't agree with your theory. The difference in prices between 1 and 2 was due to the flaws of model 1. In addition, model 2 had nicer interiors and newer technology. However, all these changes emphasized the Porsche character. We already know that the differences in the case of the 992 generation are going in the wrong direction. Because how do you feel about a button instead of a knob to start the car? How do you like the lack of an analog tachometer? The rear lights are much uglier in the case of the 992.2 version. The only thing they managed to improve is the front of the car. However, in this case, the 992.1 version will be the more analog, better looking and equally failure-free one. You also forgot to add that the 992.2 version will have new higher prices! So - in my opinion, let's keep the 992.1 GT3 because it's still a good investment.
guess whoever wrote this was WRONG, Porsche seems to think the car is worth $40,000 more with minimal changes. Which could actually could cut into pricing of dealer mark ups. Should be interesting. Nada Guides don't reflect dealer mark ups but do reflect MSRP so i for one am glad to see the price increase which could tame pricing
A large variation in prices is often based on spec itself ie. paint to sample color, Exclusive Manufactur interior, buckets, PCCBs etc. Also mileage is a big factor with GT cars in general so you would have to include this factor when analyzing historical transactions. I still see a number of PTS 992.1 GT3/touring on Auto Trader that are still asking well over 300k. So again spec and mileage are the main drivers. Overall I believe that the 992 GT3s (.1 and .2) will be the last analog versions of the GT3 from Porsche and the prices will reflect the even more desirability in a few years.
Seeking is one thing. Getting the 300k is another. What I am seeing is that even the PTS Tourings with PCCBs, buckets, etc. are not what they were before. There was recently one that started at 265 - green one. Got to 214k and then it disappeared. So, if it was me negotiating it, I would probably just offer 200 - 205 and that's it. Don't know how much it truly sold for but it sold after it dropped to 214k and stayed like that for what was 2 or 3 weeks at least. (again - I am a Porsche owner myself - I also had to drop the price of a 993 I recently sold, so I am not just being crazy here pushing for lower prices. It's just the market + in the case of the 992 GT3s - the number of cars built + the new one coming...)
I’m still living my 991.2 GT3, manual. It’s a fun car, it doesn’t look like clown car that only belongs on a track, and the sound with my Dundon exhaust is second to none. 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 WEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Well…as a total gear head..track focused guy and track member..have several cars, not just Porsche..but since this is a Porsche focused video, I have 4 x 911’s a 1970,1977,1997 and a 2018 GT2RS. Started going to track at 22 yrs old … currently 52. I can say all my cars including my Porsches are worth more than whi paid for them… time heals all ..most track focused cars don’t end up in track people ownership…they mostly end up in wealthy hands that don’t track and in many cases don’t really know how to drive andjust want to be seen in a super car …
So, now we know all the details, I think you were wrong… No extra power, no big changes. The only interesting change is the shorter gear ratios 🤷🏼♂️ In fact, it's the Touring that's changed the most. Not to mention the price, which has risen by +/-10%. 992.1 GT3 values won’t plummet
If you look at Bring a Trailer graph for the entire life of 992.1 GT3s it has not moved down except for a slight drop after the first few months. After that it has been extremely level with cars hovering above and below the $250K mark. In those first few months cars were very scarce. All were zero miles, zero stories. Prices should dip a bit when the 992.2 comes out, but will that be Oct 18 as some are predicting, or Oct 2025? As a 992.1 owner, I’m not panicking. The 992.2 will be significantly more expensive and the first 6 months of resales will be astronomically high.
They have been coming down a lot in price since last year. There are so many on the market right now and they are just sitting on the lot. Once the 992.2 GT3 comes out the price will drop even more. Time to sell now before it gets worse.
Attention ⚠️ (European 992.1 GT3 owner here) This video is for the US market, where 992 GT3 are trading for way more than MSRP. In Europe, 992 GT3 are trading for 180-210.000€, which is around the MSRP or a bit less.
This is a strange perspective on dealer's impacting pricing for GT3s and this story that they misled buyers about production is not my experience. Allocations were extremely hard to come by and wait lists were years long.
I agree with most of this - but you left one thing out IMO. A third pedal. If the 992.2 GT3 isn’t available as a manual then the .1 6 speed cars might not drop at all in the US market. I guess we will find out tomorrow.
honestly...good...back in 2016, i bought a Cayman GTS, that was only 30k away from a 1 year old used GT3 at the time with about 10k miles I had the money at the time and just didn't understand cars or porsches. So i didn't go for the GT3 thinking its not for me. Until i got really into cars and realized i just want the most insane track focused thing possible within my price and without much mods. But that 30k price gap has now grown to near $200k price difference. That is just absurd to me.
Money talks and bullsh1t walks. In the last month in Canada, I saw brand new Turbo S for sale!?!? Yes. Brand new! On the Porsche website!!! If you know the hierarchy at Porsche, you know this isn't normal. I also saw a GT3RS with 90Km (54 Miles!!) for sale. I'm sure that's legit. The customer waited over a year to get the car, it arrived with about 15/20km on the clock and he drove it 35km turned around, brought it back to the dealership and put it up for sale....makes sense. Porsche is losing big bucks with their EV bullsh1t. Add to this, tightening credit. Unemployment (hitting ALL spheres!!) and we have the perfect recipe for insane deals. Wait till the wannabes have to sell their car........as I said, Insane deals coming! Cheers
Completely disagree. This is not the case whatsoever. Low mileage GT3’s are still going for over 300k 😂 I purchased a GT3 for 259 in 2022 and I’ve gotten an offer for 240 still today. 8k miles later. I’m not concerned about a drop. They’re still analog items in the 992.1 that will still appeal to the greater group of enthusiasts and the 992.2 will have limited prod numbers due to aluminum and materials shortage, and increased inflation costs. A lot of people are going to try to get one and won’t be able. 992.1 will be the alternative. Thus keeping strong for another 24-36 months at least. 😊
The trick is to be patient and in my case bold .. I think… the GT2RS was used with 2000 kilometres… basically new and in bubble wrap,the asking price was 125k over build sheet plus taxes.( in Canada it’s insane!) I offered exactly what the car cost to previous owner and got it including car being entirely wrapped and black on black.. the way I wanted it. Many new cars coming.. the mustang GTD, corvette zr1 .. most of these cars never show up at the track and when they do the people who own them aren’t professionals .. not even close …
I'm older than dirt now and having a fancy name-plate doesn't mean that much to me now. What does matter is just being able to go for a nice drive and do so without attention or drama. My late model Mustang GT fits the bill. I tip my hat to the Porsche fanatics but they are chasing something that I am not.
@@hnic72owning this models must means that no owners are wrong ? It’s just market and economic analyze logic with offer and demand. In Europe today there is more than 550 992 GT3 ON SALE means almost 4x more than 991.2 gen when the 992.2 is nearly coming. So people who are optimistic they need to know there are very few ways now to increase demand : either reduce offers (which is already too late now) or double or triple number of demand so for our case Porsche needs to find 2-3x more clients ready to buy GT’s… challenging !!! By the way I owned GT4RS
basically these cars will be now more or less for free :). the market is kind of flooded with 992 gt3s with huge markups, those indeed will never command such overs but the prices for the vast majority will not plummet. check that the 991.1 gt3, the one that is infamous for the engine issues caused by the hidraulic lifters, are still 100k
Prices wont go down the way you are saying, look at Rolex watch market, Rolex produces a lot of watches but speculators and dealers manipulate prices and availability. I don’t see luxury car dealers giving up their lucrative business anytime soon as soon as interest goes down prices for hard to get cars will go up.. Go and try to order 911 Porsche from dealer, they will tell you how many taycans you have to buy before placing order for 911.
I was going to buy a shark blue manual 992.1 GT3… that was until Porsche advised me the PCP final value of the car in just 24 months time was a £60k loss… … I left the Porsche dealership, drove to Ferrari and bought a 458 spider and I’ve never looked back. There are too many 911’s out there, period. They will always depreciate like crazy, aside from rare instances.
Hey Arc what’s your take on the 992.2 when they just announced that they priced jumped up 40k for the 2024 model and went up 64k from its original price in 2021. All I can say is wow wow wow. I’ll just keep my Boxster Spyder, these prices really are becoming insane. Never is the history of Porsche have that raised prices by these amounts in 1 generation. There becoming a boutique brand now.
Haven’t watched the video but this is a clickbait title. The 992.2 GT3 will not drastically reduce values of .1’s, just as it hasn’t in the past. New 992.2 Carrera’s are arriving at dealerships with $156k MSRP on Coupes and $165k ish on Cab’s…..for base Carrera’s! Most new GTS E-Hybrid’s are being specced at $205-210k! The 992.2 GT3 will be significantly more expensive AND just like before, there are still significantly more buyers than available cars which means markups aren’t going away with majority of dealers anytime soon. I don’t want to be one of those “they ruined the car, last one was better” guys but I imagine there will be some of those sentiments with the analog tachometer being replaced by digital as well as the new push button start replacing the turn key as well
992.1 prices are unlikely to plummet to a point where people will panic sell their GT3 and Touring models. The new gen has a $40K base price markup for the U.S. market. Prices have definitely cooled somewhat from the $100,000 ADM's and secondary market buying frenzy but these cars will hold their values for a long time to come. Especially if you didn't get raped by paying a dealer markup as is the case in my GT3T.
Respectfully, this is really bad and inefficient data you’re sharing. Speculative sales number should never be used to determine previous valuations. Think of it as the housing market, comps are the only data you can use to accurately gather a baseline value. Also keep in mind that in the collectors & enthusiast car market, vehicle valuations are not determined the same the traditional retail market, because there are just too many variables to determine collectibility/worth. Factory options/spec and condition being the two most important, followed by current displayed mileage, provenance, location. Good effort but it’s misguided unfortunately.
I know it’ll never happen, but if a used manual 992.1 GT3 ever dropped to like $140k, I would buy it in a heartbeat. $200k is too much, even $100k is too much, but that car with the 6-speed is special. If I could find a GT4 for
I disagree with some important elements of your assessment. Firstly, on the question of .1 vs .2 values and demand: In the case of the 997, the difference is not enormous and attributable to improved aesthetics, larger displacement, and the cars simply being newer. In the case of the 991, the engine problems of the .1 are the primary reason for such a large price difference. Now looking at the 992.2, many consider the updates to be underwhelming or even a step backwards. Namely that the .2 has LESS torque, no analog tach, and a push button start. Oh yeah.. and its substantially more expensive. There is also no reason to expect a massive surge in supply of 992.1 cars. You say we can expect "the majority of .1 owners will be purchasing .2 car." This is simply not going to happen. None but the most elite buyers will be rushing to dump their 992.1 for such a modest update. Furthermore, demand should remain plenty strong for the .1, with a long line of buyers waiting to take advantage of even modest price decreases. Yes, values will decline, but there is no reason outside of an economic crisis to expect a dramatic "plummet." Just my 2cents. Cheers.
Disagree. You can not compare 997 (2500made) to 991 (10000+ made) .lots of 997 crashed and tracked . Remember 992.2 probably going to be same as 992.1 only $40k more and during 992 production msrp went up 20k + Where did you get 100k over premiums? Most I know was 75k for walk in buyers. Good customers got it for very little overs. Lastly only bad spec cars are on the market “cheap” if they they for sale for $240k than msrp was probably $180k so it’s $60k over. I have few GT cars and put lots of mi on them and not really loosing any money (you have to loose some regardless) So plz do not panic , prices are not dropping $100k it’s all fake news 😂
This market in general is determined by simple supply and demand principles and production numbers always affect that outlook. Specific factors also play like NA, manual etc. Like has been said .1s always go down a bit when .2 releases so not really news to be honest.
I’m not a fan of the 992.2. The digital dash is terrible and there is no increase in power. They have RS push rods but I’m not sure why. If the .1 drops in value I will have one in the garage
My friend bought a 2023 GT3 last year (new) and it's been doing amazingly so far. Plummet could mean $10k, $20k or $100k. Since I'm looking for one, I hope you are right, but I don't think you are.
He’s not. The prices won’t plummet. It might drop a little when the new 992.2 gets released but that’s natural. And the people that cant get a 992.2 will start looking for a 992.1
❤😂😢😮😅😊😊😊😊😊😊😊😊😊😊😊 hey bro, I since you have your Podcasts or your website, which either or I would love to get a Porsche, but I don’t know which one should I get like I say I love all of the porches for you. What would you go with if I would say for the first time what would you pick, 991 or 992 or 993 or 997 or 968 let me know I’m trying to save
When ten year old cars with over 20K miles are selling for close to MSRP that’s not a market crash. The only ones to get burned badly here are all the 992 owners who paid insane markups on them. But hey, imagine being one of the people who paid 50-75K over for a C8 stingray… or 150K for one of those hideous BMW i8’s As soon as the 911 market switched from a drivers car to a PTS + options contest things got out of control. Just buy the car you want to enjoy, and enjoy it. Rock chips are way more enjoyable on a hard canyon run or track day then they are on the way to C&C.
@@lambdee7006 many reasons but just simply from a production numbers, the market got flooded with 992 Tourings mainly due to the high values of 991 Tourings. There were only 749 991 Tourings for North America.
Paid sticker for my '23 and will probably still be made whole on selling it for the 992.2. That is if I even want the new model. This vid is largely directed to those who paid ADM.
Near $200k for even a last Gen gt3 is just stupid. There's plenty out there and Porsche makes more of their cars than Ferrari and Lambos do theirs. Dealers marked these up $50k to $70k and people think this is what these are actual worth.
@@kozibroda13 I have one and track it hardcore…have 4 Porsche 911’s …depending on your intentions/as an investment? A toy for more dates? A track car like me? Being in Canada all prices of almost every car has gone down… even the very rare and special ones …patients and timing is important….and what your intention with the car is .. as a track guy and has 8 track cars …they all have low mileage but have been used very hard . But always properly maintained and taken care of …as a track member person that reaches up to (depending on car being used)275 klm or 170 mph at my track 24 days per season…rule #1 is safety which means that mechanical failure due to bad or neglected maintenance can result in serious injury or death for yourself,passenger and others on the track with you…and $$$$ in material loss…price drop near future? bought first track car when 23 ..still have it. At 54 today 30 years later that car will easily sell 4x what I paid for it and it’s been driven hard…time heals all. I have a 1997 993 turbo..bought used 15 years ago..today 4-5 up to what I paid,any special or very desirable car for good reason will go up over time…I think the GT2RS value will increase over time and…it’s a rare,good,solid,special limited production etc…good luck finding one! Took me 2 years of looking etc …
Why selling the 992.1 GT3 now when the new 992.2 GT is less powerful (-20Nm) and also ca 15k€ more expensive. This 992.2 changes should really push the 992.1 GT3 value
Comparing 992’s to 997’s is frankly ludicrous ! We know for a fact 992 gt3’s are the most manufactured gt3 ever, then comparing 2022 stats between 2024 in regards to cars on sale is also nonsense as production had just started on the 992, so of course two years later way more would be for sale. You have also negated to mention the price hike on the dot 2. 30k more base, possibly one of the least informed car vids I have seen.
992.1 gt3 would be the most valueable gt3 in 911. the 992.2 gt3 had no improvement, but cost a tons more, and will be expected to massivelly produce. unlike 992.1 due to covid period.
I don't completely agree, I am impartial because I have a 991.2 gt3 touring and think the 992 Gt3 is too big and cheap Digitial interior. I think the 992.1 Gt3 will hold its value to the 992.2 unless there is a significant engine improvement which there doesn't seem to be. The 992.2 might end up with the same mill, if so the 992.1 would be the better value, many people dislike the new 992.2 overly digital and plastic nature. I think it all comes down to the new gt3s mill
If you can afford to buy the car you love why should you care what it’s worth? And if that matters to you and you can’t afford the depreciation then you can’t afford the car. Period. A car is a depreciating asset. So pay cash - NEVER borrow money to buy a car. And then when you’ve paid cash, write it off like you would a tv or a fridge. Then be pleasantly surprised if it’s worth something when you eventually trade it. Don’t let your passion for cars be a money pit that screws your finances…all imho of course!
The .1 always tends to age badly in terms of exterior and interior looks. I would never purchase a .1 911. Anyone who purchased a 992.1 GT3 and GT3 RS just threw money away at dealerships by paying over sticker price. All these people obsessing over the 992.1 GT3 RS will get over it as soon as the .2 releases. Those who went crazy on their spec, especially if they opted for PTS and CXX options from Exclusive Manufaktur and Sonderwunsch will regret it. Facelift (.2) models always tend to do better. Especially in the resale market.
For all those GT owners that purchase their cars to drive to the fullest and enjoy, there shouldn't be anything to worry about. If it's all about the investment value, then I agree the values will inherently drop with the new gen
It's on the way but many hard-core enthusiasts will not like the all digital instruments and removal of the left-hand key. Just as recent Ferrari models lost the sense of occasion when they dropped the red START button for some near invisible touch control at the bottom of the steering wheel.
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You perfectly resume my thought that i already made earlier this year. Porsche dealers made up stories to create inflation on their price tickets when in Europe you have now 3x more 992 GT3 on sales than the 991.2 gen. Same story for 3RS when you can now find recent models below msrp price and almost 150+ models on sale for an apparently « good investment » car. Where dealership were forcing us to clean up their worst stocks in order to get their GT’s. I warned some friends about that they didn’t listen. Now they’re struggling to sell them or they even lost money.
Thanks God I sold mine last year
You guys really need to understand that guys like us who own these cars dont do it for investment.
Am I the only person that bought a 992 GT3 to enjoy? I didn’t buy it as an investment. I could care less what the resale values are.
I also own a 1971 911 and drive it as much as I can.
Nobody ever said on their death bed “ I wish I didn’t drive my Porsche/Ferrari/Mclaren so it would be worth more for the next owner.
If you can’t afford the depreciation then don’t buy the vehicle!
Testify!!! My Porsche dealer offers a flatbed pick up and drop off service to spare putting miles on your car. I mean, what the hell?? I didn't buy a Porsche to have it sit in the garage under a blankie between oil changes 😂
Well said.
I agree, I recently bought a 991.2 GT3 and it’s just brilliant. It can sit in the garage alongside my 981 GT4 and I plan to enjoy driving them on road and track as much as I can. I buy stocks for investment, and Porsches for pleasure.
I can't afford the depreciation. I want to buy it depreciated. What now?
It’s couldn’t care less not could care less dude
sounds like the 992.1 prices will skyrocket if you ask me
I’m currently watching the video and haven’t yet seen the conclusion , but I’ll react off the cuff. I own a 992.1 GT3 and with the release of the 992.2, prices will naturally drop, as we’ve seen with GT3 models between phase 1 and phase 2. Although there are many 992 GT3s, it’s important to remember that the 992.2 GT3 will likely be the last 992 model with a naturally aspirated engine. The next Porsche probably won’t be exclusively naturally aspirated, and we might also lose analog features like the left-hand button for cost reasons. Hybrid technology will take over, whether we like it or not, and for purists, this will mark a significant shift. There will be a ‘before the 992’ and an ‘after the 992,’ just like with the Alfa Romeo 75
When it comes to the price difference between phase 1 and phase 2 models, it’s important to note that phase 1 cars often had imperfections, even major issues like engine failures, as seen with the 991 and 997. This is why people tend to prioritize phase 2 models. However, there’s a proven love for the 991.1 GT3 RS, and in Europe, I haven’t seen a significant price difference. In fact, the 991.1 seems to be catching up with the 991.2 GT3 RS.
992.1 is perfect …
well said 🤝
People getting upset over the twisty key over the button are making a big deal over nothing. It will affect the value zero. The upgrades in the car will outshine a start stop button.
Even more : 992.2 GT3 might lose some of the appeal : fully digital dash, less exhaust sound,…
@@technom3598 so false
@@davidalexandreg you think a twisty key that made almost zero sense is going to effect future values of 992? Lol. No. You know what will actually affect the value. The glutenous over production of GT cars. That will. Few people give a shit about the twisty key. It's something you do one time. And if you say it's
As soon as everyone figures out the new models are going to be hybrids all of the previous models are going to go up in value.
Facts
Bingo!
I.ll wait till the 992.1 prices plummet another $40000
Buying cars as investments is just stupid. No car beats the market over 10 years. Buy a car to enjoy it for as long as you want it and sell it when you are ready for something new.
You talk so much and say so little.
Your videos are becoming less and less useful these days.
He needs clicks for $$
@@fskof he need clicks for dollar for GT3 lol
I had the 2017 991.2 GT3, and now have a 2022 992.1 GT3 (both ordered to spec). I was offered $115k over MSRP when I closed my 992.1 GT3 but I didn't sell because I bought the car to enjoy as an enthusiast, not as an investment, but it is good to know it will not depreciate at least. I knew the 992.1 GT3 price would decline from the initial premiums but then stabilize and eventually increase again because, in my view, the 992.1 GT3 will represent the peak GT3 in terms of performance & overall experience. Emissions are getting so tough that it will be hard for future GT3 models to maintain the n/a engine without significant compromises. The 992.2 GT3 engine is a prime example: Porsche had to work hard to overcome the extra GPFs (now 2) and CATS (now 4) to maintain merely the same HP, deliver less torque and compromised sound. Besides, the interior with the all digital screen replacing the analog rev counter, makes it less special. To me, the 992.1 GT3 in 6 spd manual is the best GT3 ever built and I prefer it to the 992.2 for the money (992.2 has much higher MSRP). Yes, too many were sold so supply is high (unlike 997 GT3) and that will keep prices in check but longer term, you can't go wrong with a 992.1 GT3. Even though I'll soon be receiving my 992.1 GT3 RS, I hope to keep my 992.1 GT3 6spd manual for as long as I can afford to do so! BTW, one of my favorite daily driver Porsches is my 25th Anniversary Boxster (No. 263/1250) 6 spd manual. That represents the peak of the mid-engine Boxster - it sounds and handles incredibly well on the road and I almost prefer it to any of the GT3s for daily driving.
In own a 992.1 GT3; the car is fantastic in all ways. Why would I want to sell or trade it in for anything else? The 992.2 will be significantly more expensive and will not exceed the 992.1 in any important way. I own these cars (I also owned the 991.2 GT3) to drive them and track them, not as an investment. Sure the price/value goes down over time, but this car's value will not "plummet"
Porsche and other OEMs should split up their allocation into 3 categories: 40% lottery system, 30% application, 30% true royal customers to the brand, with limited financing options, and a requirement of a minimum of 1 year period of ownership. Therefore creating an environment where people could actually have a shot of getting these cars, especially people who genuinely love them and not worried about market going up 10 or 20% in either direction. On top of that, please raise the price of these GT3s, if the margin of flipping if slim, it leaves room for actual enthusiasts, and honestly cars like that will go up in value in the long run anyway.
I’m fine with my 992.1 GT3 Touring Manual. The spec makes all the difference - they are not pro master cargo vans…which are basically all the same(other than the 3 different lengths & 2 heights). I think other automobiles like the C8 corvette - Paying 50k to 100k over on a C8…Upside down is a relative term. Just my 2 cents.
Love how you compared a 991 GT3 to a 991 Touring. Of course there is a huge price gap. I have a strange feeling that the 992.2 car is going to move further away from the analog nature of the GT3 ethos. Push button start, full digital dash. So you can have back seats and maybe 10 more HP, who cares. I expect the 992.1 will continue to lose some value but I highly doubt a landslide is coming. Just want until everything goes hybrid, the 992.1 will always be loved as it’s just about the perfect GT3.
Thanks for keeping it real, unique and thoughtful. It was painful to see how unattainable GT cars have become and this adjustment will be most welcomed.
Lmao ! Yeah they just announced the .2 with less torque, more weights, all digital dash and 2 opf and 4 catalytic converters making it sound likely worse! Oh yeah, they raised the .2 by 40k too!!!
And way heavier!
Some of this especially in the UK is due to EU regulations on emissions so not really Porsche’s fault.
And they didn't manage to put the 4.2 engine into it, which is a huge disappointment
Happy to see that I was right !
The 992.2 GT3s saw a huge price increase... $40-50k. So given this, they are going to put less downward pressure on 992.1 prices than you think. Also, given the fact that .1s have already dropped $100k in transaction price, they probably don't have dramatically far to fall from here.
Personally, I can see them hovering around MSRP once the .2 "dust" settles.
They deserve to plummet for no other reason than they got ridiculously overpriced. I fondly remember when you could actually find ANY 911 in a dealership. I wonder if those days will ever return.
Those days Porsche was suffering financially. You want them to go back to that?
@@fskof Porsche are suffering financially now, brought on by the folly of concentrating on EVs!
@@BillHarding-i8z Porsche is not suffering financially.. and blame the EU government for forcing car manufactures into making EV's.
Prices have had to go up in Europe and UK because Porsche are being fined £18K per car for not selling their quota of EVs. Ridiculous legislation. People now want to have a car built to their own spec rather than just buying a white car with black trim from the showroom. It suits Porsche because they make the big money on options. What other manufacturer charges for the colour of the seatbelts??
@@fskof Currently the only profitable company in Volkswagen Group is Skoda. Fact.
I think the massive price jump in the 992.2 will somewhat keep the 992.1 prices in their current price range.
There’s also not a very big reason to upgrade from a .1 to a .2, unless you have the touring and want the new touring with rear seats and those kinds of new features.
Now we see the new car is marginally different, loses the nice analog tach, and adds $40k to the base price. Weissach pack doesn’t seem to add much over a 992.1 with the carbon hood and mirrors other than magnesium wheels. I don’t think 992.1 owners have anything to worry about. A good question is: for that 40k base price increase would you rather add a manthey kit to a 992.1 and maybe the ST flywheel and clutch if it’s manual?
I don't agree with your theory. The difference in prices between 1 and 2 was due to the flaws of model 1. In addition, model 2 had nicer interiors and newer technology. However, all these changes emphasized the Porsche character. We already know that the differences in the case of the 992 generation are going in the wrong direction. Because how do you feel about a button instead of a knob to start the car? How do you like the lack of an analog tachometer? The rear lights are much uglier in the case of the 992.2 version. The only thing they managed to improve is the front of the car. However, in this case, the 992.1 version will be the more analog, better looking and equally failure-free one. You also forgot to add that the 992.2 version will have new higher prices! So - in my opinion, let's keep the 992.1 GT3 because it's still a good investment.
What colour is your ford mondeo?
The values right now a absolutely ridiculous, a restomod selling for $2million dollars is absurd
Once the new 992.2 GT3’s are released, the new entry price will be higher. So, the 992..1 will increase……plus the 992.2 will not be that much better….
guess whoever wrote this was WRONG, Porsche seems to think the car is worth $40,000 more with minimal changes. Which could actually could cut into pricing of dealer mark ups. Should be interesting. Nada Guides don't reflect dealer mark ups but do reflect MSRP so i for one am glad to see the price increase which could tame pricing
Would be easier to just enjoy your car and not worry about resale values and ultimately turning it into a garage queen and nothing more than that.
A large variation in prices is often based on spec itself ie. paint to sample color, Exclusive Manufactur interior, buckets, PCCBs etc. Also mileage is a big factor with GT cars in general so you would have to include this factor when analyzing historical transactions.
I still see a number of PTS 992.1 GT3/touring on Auto Trader that are still asking well over 300k. So again spec and mileage are the main drivers. Overall I believe that the 992 GT3s (.1 and .2) will be the last analog versions of the GT3 from Porsche and the prices will reflect the even more desirability in a few years.
Seeking is one thing. Getting the 300k is another. What I am seeing is that even the PTS Tourings with PCCBs, buckets, etc. are not what they were before. There was recently one that started at 265 - green one. Got to 214k and then it disappeared. So, if it was me negotiating it, I would probably just offer 200 - 205 and that's it. Don't know how much it truly sold for but it sold after it dropped to 214k and stayed like that for what was 2 or 3 weeks at least.
(again - I am a Porsche owner myself - I also had to drop the price of a 993 I recently sold, so I am not just being crazy here pushing for lower prices. It's just the market + in the case of the 992 GT3s - the number of cars built + the new one coming...)
I’m in the market for a PTS touring (greens or blues). If you know of one with pccbs, buckets and exclusive manufactur interior with
I’m still living my 991.2 GT3, manual. It’s a fun car, it doesn’t look like clown car that only belongs on a track, and the sound with my Dundon exhaust is second to none.
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
WEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
Well…as a total gear head..track focused guy and track member..have several cars, not just Porsche..but since this is a Porsche focused video, I have 4 x 911’s a 1970,1977,1997 and a 2018 GT2RS. Started going to track at 22 yrs old … currently 52. I can say all my cars including my Porsches are worth more than whi paid for them… time heals all ..most track focused cars don’t end up in track people ownership…they mostly end up in wealthy hands that don’t track and in many cases don’t really know how to drive andjust want to be seen in a super car …
Same here
So, now we know all the details, I think you were wrong…
No extra power, no big changes.
The only interesting change is the shorter gear ratios 🤷🏼♂️
In fact, it's the Touring that's changed the most.
Not to mention the price, which has risen by +/-10%.
992.1 GT3 values won’t plummet
What’s your thoughts on 23/24 Gt4RS and prices moving into 2025
Curious about your thoughts on the GT4RS and how the market differs than the GT3 given the impending shift to EVs.
If you look at Bring a Trailer graph for the entire life of 992.1 GT3s it has not moved down except for a slight drop after the first few months. After that it has been extremely level with cars hovering above and below the $250K mark. In those first few months cars were very scarce. All were zero miles, zero stories. Prices should dip a bit when the 992.2 comes out, but will that be Oct 18 as some are predicting, or Oct 2025? As a 992.1 owner, I’m not panicking. The 992.2 will be significantly more expensive and the first 6 months of resales will be astronomically high.
i'm pretty sure this vid didn't and won't age well after seeing the new 992.2 gt3
I give up chasing the GT3. I can barely stand interacting with the dealership to spec out a GTS. Also, I cannot even push my S to the limit.
They have been coming down a lot in price since last year. There are so many on the market right now and they are just sitting on the lot. Once the 992.2 GT3 comes out the price will drop even more. Time to sell now before it gets worse.
Attention ⚠️
(European 992.1 GT3 owner here)
This video is for the US market, where 992 GT3 are trading for way more than MSRP.
In Europe, 992 GT3 are trading for 180-210.000€, which is around the MSRP or a bit less.
I really hope ur right as I’m lusting for a gt3 Touring touring
This is a strange perspective on dealer's impacting pricing for GT3s and this story that they misled buyers about production is not my experience. Allocations were extremely hard to come by and wait lists were years long.
I agree with most of this - but you left one thing out IMO. A third pedal. If the 992.2 GT3 isn’t available as a manual then the .1 6 speed cars might not drop at all in the US market. I guess we will find out tomorrow.
honestly...good...back in 2016, i bought a Cayman GTS, that was only 30k away from a 1 year old used GT3 at the time with about 10k miles
I had the money at the time and just didn't understand cars or porsches. So i didn't go for the GT3 thinking its not for me. Until i got really into cars and realized i just want the most insane track focused thing possible within my price and without much mods.
But that 30k price gap has now grown to near $200k price difference.
That is just absurd to me.
The real threat to the prices for these exotics is if the world economy crashes, as demand that is already slowing will then accelerate lower.
im about to buy a 991.2 gt3rs (2018 non opf) what you think about the value of this car in future??
Money talks and bullsh1t walks. In the last month in Canada, I saw brand new Turbo S for sale!?!? Yes. Brand new! On the Porsche website!!!
If you know the hierarchy at Porsche, you know this isn't normal. I also saw a GT3RS with 90Km (54 Miles!!) for sale. I'm sure that's legit. The customer waited over a year to get the car, it arrived with about 15/20km on the clock and he drove it 35km turned around, brought it back to the dealership and put it up for sale....makes sense.
Porsche is losing big bucks with their EV bullsh1t. Add to this, tightening credit. Unemployment (hitting ALL spheres!!) and we have the perfect recipe for insane deals. Wait till the wannabes have to sell their car........as I said, Insane deals coming! Cheers
Completely disagree. This is not the case whatsoever. Low mileage GT3’s are still going for over 300k 😂
I purchased a GT3 for 259 in 2022 and I’ve gotten an offer for 240 still today. 8k miles later. I’m not concerned about a drop. They’re still analog items in the 992.1 that will still appeal to the greater group of enthusiasts and the 992.2 will have limited prod numbers due to aluminum and materials shortage, and increased inflation costs. A lot of people are going to try to get one and won’t be able. 992.1 will be the alternative. Thus keeping strong for another 24-36 months at least. 😊
As an enthusiast that watches the market as close or closer than anyone... these guys are clowns..
you are very, very wrong. Its about to get real bad for the 992.1 Gt3 owners
The trick is to be patient and in my case bold .. I think… the GT2RS was used with 2000 kilometres… basically new and in bubble wrap,the asking price was 125k over build sheet plus taxes.( in Canada it’s insane!) I offered exactly what the car cost to previous owner and got it including car being entirely wrapped and black on black.. the way I wanted it. Many new cars coming.. the mustang GTD, corvette zr1 .. most of these cars never show up at the track and when they do the people who own them aren’t professionals .. not even close …
have the art prints gone down in value?
I like it: predictions backed by data.
Hope you’re right , that’s the car I want, but can’t afford !
Any of this change given the huge price increase for the .2?
Thought provoking - Thanks !
I'm older than dirt now and having a fancy name-plate doesn't mean that much to me now. What does matter is just being able to go for a nice drive and do so without attention or drama. My late model Mustang GT fits the bill. I tip my hat to the Porsche fanatics but they are chasing something that I am not.
Load of nonsense
Agree! 👍
🎯 This channel is reaching and starting to fall off
It's hilarious how butthurt people get when they hear a differing opinion. 😂😂. And most who respond like that don't even own one ffs
@@hnic72 I own a 2023 GT3 with a 6speed manual. What do you have?
@@hnic72owning this models must means that no owners are wrong ?
It’s just market and economic analyze logic with offer and demand.
In Europe today there is more than 550 992 GT3 ON SALE means almost 4x more than 991.2 gen when the 992.2 is nearly coming. So people who are optimistic they need to know there are very few ways now to increase demand : either reduce offers (which is already too late now) or double or triple number of demand so for our case Porsche needs to find 2-3x more clients ready to buy GT’s… challenging !!!
By the way I owned GT4RS
Good review, and thank you for saying the car name correctly!
basically these cars will be now more or less for free :). the market is kind of flooded with 992 gt3s with huge markups, those indeed will never command such overs but the prices for the vast majority will not plummet. check that the 991.1 gt3, the one that is infamous for the engine issues caused by the hidraulic lifters, are still 100k
Just enjoy the vehicles, guys. Maybe it isn't even a bad things that more people can be able to afford these gems!
Prices wont go down the way you are saying, look at Rolex watch market, Rolex produces a lot of watches but speculators and dealers manipulate prices and availability. I don’t see luxury car dealers giving up their lucrative business anytime soon as soon as interest goes down prices for hard to get cars will go up.. Go and try to order 911 Porsche from dealer, they will tell you how many taycans you have to buy before placing order for 911.
I was going to buy a shark blue manual 992.1 GT3… that was until Porsche advised me the PCP final value of the car in just 24 months time was a £60k loss…
… I left the Porsche dealership, drove to Ferrari and bought a 458 spider and I’ve never looked back.
There are too many 911’s out there, period. They will always depreciate like crazy, aside from rare instances.
Have to keep on mind the .2 will most likely lose the analog tachometer and the key for ignition. This will not be good for the enthusiasts
This will not age well.
@Arc Driver, does your prediction impact 992 S/T value? Can you elaborate?
Hey Arc what’s your take on the 992.2 when they just announced that they priced jumped up 40k for the 2024 model and went up 64k from its original price in 2021. All I can say is wow wow wow. I’ll just keep my Boxster Spyder, these prices really are becoming insane. Never is the history of Porsche have that raised prices by these amounts in 1 generation. There becoming a boutique brand now.
Haven’t watched the video but this is a clickbait title. The 992.2 GT3 will not drastically reduce values of .1’s, just as it hasn’t in the past. New 992.2 Carrera’s are arriving at dealerships with $156k MSRP on Coupes and $165k ish on Cab’s…..for base Carrera’s! Most new GTS E-Hybrid’s are being specced at $205-210k! The 992.2 GT3 will be significantly more expensive AND just like before, there are still significantly more buyers than available cars which means markups aren’t going away with majority of dealers anytime soon. I don’t want to be one of those “they ruined the car, last one was better” guys but I imagine there will be some of those sentiments with the analog tachometer being replaced by digital as well as the new push button start replacing the turn key as well
992.1 prices are unlikely to plummet to a point where people will panic sell their GT3 and Touring models. The new gen has a $40K base price markup for the U.S. market. Prices have definitely cooled somewhat from the $100,000 ADM's and secondary market buying frenzy but these cars will hold their values for a long time to come. Especially if you didn't get raped by paying a dealer markup as is the case in my GT3T.
Respectfully, this is really bad and inefficient data you’re sharing. Speculative sales number should never be used to determine previous valuations. Think of it as the housing market, comps are the only data you can use to accurately gather a baseline value.
Also keep in mind that in the collectors & enthusiast car market, vehicle valuations are not determined the same the traditional retail market, because there are just too many variables to determine collectibility/worth. Factory options/spec and condition being the two most important, followed by current displayed mileage, provenance, location.
Good effort but it’s misguided unfortunately.
I know it’ll never happen, but if a used manual 992.1 GT3 ever dropped to like $140k, I would buy it in a heartbeat. $200k is too much, even $100k is too much, but that car with the 6-speed is special.
If I could find a GT4 for
I disagree with some important elements of your assessment. Firstly, on the question of .1 vs .2 values and demand: In the case of the 997, the difference is not enormous and attributable to improved aesthetics, larger displacement, and the cars simply being newer. In the case of the 991, the engine problems of the .1 are the primary reason for such a large price difference. Now looking at the 992.2, many consider the updates to be underwhelming or even a step backwards. Namely that the .2 has LESS torque, no analog tach, and a push button start. Oh yeah.. and its substantially more expensive.
There is also no reason to expect a massive surge in supply of 992.1 cars. You say we can expect "the majority of .1 owners will be purchasing .2 car." This is simply not going to happen. None but the most elite buyers will be rushing to dump their 992.1 for such a modest update. Furthermore, demand should remain plenty strong for the .1, with a long line of buyers waiting to take advantage of even modest price decreases.
Yes, values will decline, but there is no reason outside of an economic crisis to expect a dramatic "plummet."
Just my 2cents. Cheers.
Disagree.
You can not compare 997 (2500made) to 991 (10000+ made) .lots of 997 crashed and tracked .
Remember 992.2 probably going to be same as 992.1 only $40k more and during 992 production msrp went up 20k +
Where did you get 100k over premiums? Most I know was 75k for walk in buyers. Good customers got it for very little overs.
Lastly only bad spec cars are on the market “cheap” if they they for sale for $240k than msrp was probably $180k so it’s $60k over.
I have few GT cars and put lots of mi on them and not really loosing any money (you have to loose some regardless)
So plz do not panic , prices are not dropping $100k it’s all fake news 😂
the main reason why 991.1 GT3 prices are a lot (50K) lower than 991.2 is the engine mishaps with .1
@@blendlinegarage42 💯
And also the fact that there was no manual offered on the .1 cars
Exactly
This market in general is determined by simple supply and demand principles and production numbers always affect that outlook. Specific factors also play like NA, manual etc. Like has been said .1s always go down a bit when .2 releases so not really news to be honest.
I’m not a fan of the 992.2. The digital dash is terrible and there is no increase in power. They have RS push rods but I’m not sure why. If the .1 drops in value I will have one in the garage
My friend bought a 2023 GT3 last year (new) and it's been doing amazingly so far. Plummet could mean $10k, $20k or $100k. Since I'm looking for one, I hope you are right, but I don't think you are.
He’s not. The prices won’t plummet. It might drop a little when the new 992.2 gets released but that’s natural. And the people that cant get a 992.2 will start looking for a 992.1
❤😂😢😮😅😊😊😊😊😊😊😊😊😊😊😊 hey bro, I since you have your Podcasts or your website, which either or I would love to get a Porsche, but I don’t know which one should I get like I say I love all of the porches for you. What would you go with if I would say for the first time what would you pick, 991 or 992 or 993 or 997 or 968 let me know I’m trying to save
Oh great!! I hope I can trade in my brand new 2024 Prius for one of these used cars.
When ten year old cars with over 20K miles are selling for close to MSRP that’s not a market crash. The only ones to get burned badly here are all the 992 owners who paid insane markups on them. But hey, imagine being one of the people who paid 50-75K over for a C8 stingray… or 150K for one of those hideous BMW i8’s
As soon as the 911 market switched from a drivers car to a PTS + options contest things got out of control. Just buy the car you want to enjoy, and enjoy it. Rock chips are way more enjoyable on a hard canyon run or track day then they are on the way to C&C.
My 992.1 GT3 filter in Autotrader for max price $200K is now populated, same for Turbos.
991.2 Touring owners sitting on the side line laughing.
Why do you say that?
Because they will climb in value
@@lambdee7006 many reasons but just simply from a production numbers, the market got flooded with 992 Tourings mainly due to the high values of 991 Tourings. There were only 749 991 Tourings for North America.
Flooded ? They made about 1700 GT3 Tourings globally ! Sure more than the 991.2 but still not many !
Paid sticker for my '23 and will probably still be made whole on selling it for the 992.2. That is if I even want the new model. This vid is largely directed to those who paid ADM.
In Sweden they go for around $210.000....
My must have car
I really want to know how the new 992.2 base Carrera are doing.
Near $200k for even a last Gen gt3 is just stupid. There's plenty out there and Porsche makes more of their cars than Ferrari and Lambos do theirs. Dealers marked these up $50k to $70k and people think this is what these are actual worth.
What about 991 gt2rs any chance for droping price in nearly future ?
@@kozibroda13 I have one and track it hardcore…have 4 Porsche 911’s …depending on your intentions/as an investment? A toy for more dates? A track car like me? Being in Canada all prices of almost every car has gone down… even the very rare and special ones …patients and timing is important….and what your intention with the car is .. as a track guy and has 8 track cars …they all have low mileage but have been used very hard . But always properly maintained and taken care of …as a track member person that reaches up to (depending on car being used)275 klm or 170 mph at my track 24 days per season…rule #1 is safety which means that mechanical failure due to bad or neglected maintenance can result in serious injury or death for yourself,passenger and others on the track with you…and $$$$ in material loss…price drop near future? bought first track car when 23 ..still have it. At 54 today 30 years later that car will easily sell 4x what I paid for it and it’s been driven hard…time heals all. I have a 1997 993 turbo..bought used 15 years ago..today 4-5 up to what I paid,any special or very desirable car for good reason will go up over time…I think the GT2RS value will increase over time and…it’s a rare,good,solid,special limited production etc…good luck finding one! Took me 2 years of looking etc …
Why selling the 992.1 GT3 now when the new 992.2 GT is less powerful (-20Nm) and also ca 15k€ more expensive.
This 992.2 changes should really push the 992.1 GT3 value
You are 100% correct.... 992.1 owners are going to dump like crazy as soon as the .2 comes out
How?… lol
The 992.2 will be very difficult to get. They are not mass producing them.
992.2 has less torque , heavier and digital tach not much difference all for 40k markup !! If anything that will help .1 values.
Comparing 992’s to 997’s is frankly ludicrous ! We know for a fact 992 gt3’s are the most manufactured gt3 ever, then comparing 2022 stats between 2024 in regards to cars on sale is also nonsense as production had just started on the 992, so of course two years later way more would be for sale. You have also negated to mention the price hike on the dot 2. 30k more base, possibly one of the least informed car vids I have seen.
Yes, the values are plummeting! Sell one to me for 30k please and thank you!
992.1 gt3 would be the most valueable gt3 in 911. the 992.2 gt3 had no improvement, but cost a tons more, and will be expected to massivelly produce. unlike 992.1 due to covid period.
I don't completely agree, I am impartial because I have a 991.2 gt3 touring and think the 992 Gt3 is too big and cheap Digitial interior. I think the 992.1 Gt3 will hold its value to the 992.2 unless there is a significant engine improvement which there doesn't seem to be. The 992.2 might end up with the same mill, if so the 992.1 would be the better value, many people dislike the new 992.2 overly digital and plastic nature. I think it all comes down to the new gt3s mill
This is soo boring I didn’t even making it to one third of the video.
Or, just keep one of the best vehicles ever made because duhh. Fk the resale market.
If you can afford to buy the car you love why should you care what it’s worth? And if that matters to you and you can’t afford the depreciation then you can’t afford the car. Period.
A car is a depreciating asset. So pay cash - NEVER borrow money to buy a car. And then when you’ve paid cash, write it off like you would a tv or a fridge. Then be pleasantly surprised if it’s worth something when you eventually trade it.
Don’t let your passion for cars be a money pit that screws your finances…all imho of course!
The .1 always tends to age badly in terms of exterior and interior looks. I would never purchase a .1 911. Anyone who purchased a 992.1 GT3 and GT3 RS just threw money away at dealerships by paying over sticker price. All these people obsessing over the 992.1 GT3 RS will get over it as soon as the .2 releases. Those who went crazy on their spec, especially if they opted for PTS and CXX options from Exclusive Manufaktur and Sonderwunsch will regret it. Facelift (.2) models always tend to do better. Especially in the resale market.
I remember seeing reasonable mileage 991.1’s selling for 120-130k maybe 992 will be 180-220
For all those GT owners that purchase their cars to drive to the fullest and enjoy, there shouldn't be anything to worry about. If it's all about the investment value, then I agree the values will inherently drop with the new gen
I only think you will only see a huge drop if and when Porsche announces a 992.2 model.
18th October😉
It's on the way but many hard-core enthusiasts will not like the all digital instruments and removal of the left-hand key. Just as recent Ferrari models lost the sense of occasion when they dropped the red START button for some near invisible touch control at the bottom of the steering wheel.
991.2 is much more expensive than 991.1 bc all the .1 are pdk
Also.. bigger motor, no engine issues, Bose stereo, back up camera, all around better car.
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So there’s a ton of dudes out there that paid way too much and probably lost their butts in their investment.
Nonsense!