Porsche 911 GT3 Market Update: From Chaos to Stability

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  • Опубликовано: 25 июн 2024
  • After price decreased in basically the complete GT3 market, prices stabilized during 2023, making the GT3 one of the lowest depreciating cars in its segment. Will this continue in 2024?
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    The complete GT3 market outperformed the car market during last year. The 996 and 997 remained very close to their market top of mid-2022. The 991 and 992 lost only a few percentages after they decreased in the second half of 2022. Potentially the latter two developments are driven by the MSRP increases.
    Content
    00:00 Stabilizing prices
    00:32 Price trends
    05:21 Market comparison
    07:02 Inventory dynamics
    08:43 2024?
    Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.
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Комментарии • 69

  • @fourwheeltrader
    @fourwheeltrader  5 месяцев назад +3

    What car would you like to see analyzed next?

    • @TrackMonkey327
      @TrackMonkey327 5 месяцев назад +2

      Porsche Cayman, especially the non-GT cars.

    • @fourwheeltrader
      @fourwheeltrader  5 месяцев назад +2

      ​@@TrackMonkey327 Have a look at this video: ruclips.net/video/Xl8Sd4MZ5Fg/видео.htmlsi=NpFNePf0H2dwJvAv
      I usually update the Cayman market every three to six months.

    • @lmaosushi
      @lmaosushi 5 месяцев назад +2

      An updated video for the 997/991 GTS would be interesting! As someone watching that market I’m interested to see your take.

    • @Jay-xr3sb
      @Jay-xr3sb 5 месяцев назад +2

      Cayman/boxster, in the UK market, or at least the EU market. You have been promising and non-US market for sometime, but where is it?

    • @benjaminibe1214
      @benjaminibe1214 5 месяцев назад

      Can you please do your analysis of the Bentley Bentaya. There are a lot of specs to make it a worth while video.

  • @danv8717
    @danv8717 5 месяцев назад +8

    I finally saw a 2022 GT3 that was going for under $200,000 last week. I'm starting to see other 992 GT3's drop to the low $200,000 price range.

    • @stevexspeed7649
      @stevexspeed7649 5 месяцев назад

      Where was this at? I’m in the market

    • @targa6sp993
      @targa6sp993 4 месяца назад +1

      You dream still day time 🤣🤣

  • @madfemurfast
    @madfemurfast 5 месяцев назад +1

    Another great video!

  • @user-ez4ol5lr5h
    @user-ez4ol5lr5h 5 месяцев назад

    Thank you for this 🙌🏾

  • @moptheslop
    @moptheslop 3 месяца назад

    Thanks for the great analysis

  • @D.vanlente
    @D.vanlente 4 месяца назад

    Nice video! Always the right time to buy because you buy it for fun and driving a lot.

  • @amans3288
    @amans3288 5 месяцев назад +1

    Useful and relevant

  • @Toys_Ferrari488Pista_BMWM3Comp
    @Toys_Ferrari488Pista_BMWM3Comp 4 месяца назад

    I a lways enjoy your market analyses. Be so good if you could one day do an article on Ferrari prices in the UK. 👍🏻

  • @keithrichards-io5db
    @keithrichards-io5db 5 месяцев назад +1

    Appreciate your video updates
    I have a 991.2 manual gt3
    May move to a 991.2RS next summer
    It appears that both cars are moving in similar price patterns
    Is that a correct assumption?

  • @MTbone7
    @MTbone7 5 месяцев назад +1

    GT3's so awesome both to drive and own

  • @tamasyyc
    @tamasyyc 4 месяца назад

    How about the rs model?? Please do a video segment on 992 gt3 rs

  • @rachelschaafsma3558
    @rachelschaafsma3558 4 месяца назад

    Yes!! European market Please!!
    Follower since day 1. Great content as always!!
    Greetz from Brunssum (netherlands)

  • @alvaroh8470
    @alvaroh8470 3 месяца назад

    Great video!! How do you think is affecting the restyling version 992.2 GT3 that is coming ? Will be available to buy next year and deliver in 2026. So you have 1 year with no new production of GT3. But a new model could be depreciate current 992.1 ? What do you think?

  • @Askgeez
    @Askgeez 3 месяца назад

    Perfect timing to have watched this 😄😄. Would you think 991.1 RS would outperform the GT3 market ? Especially a PTS , being rarer ?

  • @choyayahyah
    @choyayahyah 4 месяца назад

    My dealer called me for a trade-in to a 992 gt3, but within hours, it was gone, then i got one a few weeks later.

  • @jameshoward9700
    @jameshoward9700 4 месяца назад +1

    The GT3 market is starting to move to a classic/modern model. The recent, VAG-made, mass produced 991/992 cars are holding up well, considering the large numbers of them, but they will naturally depreciate as newer, better models come to market. The ultra rare, hand made, Mezger engined, independent Porsche built 997 is heading into classic territory. This is market bottom and will be the best chance to buy before prices kick hard as interest rates ease. Rare as hen's teeth 997.2 is the pick. 997.1 is fragile, 996 is risky with divisive looks.

  • @kiteflyinglawyer
    @kiteflyinglawyer 4 месяца назад

    Excellent video. How do you see the 992.1 turbo s prices fairing considering talk of a new hybrid engine

    • @fourwheeltrader
      @fourwheeltrader  4 месяца назад

      This is the latest market update for the Turbo: ruclips.net/video/15nITzYJlVk/видео.htmlsi=IFiuGmuy6N9uOPLk

  • @nncs
    @nncs 4 месяца назад +1

    There was speculation that the 991.1 GT3 would drop as the 10-year engine warranty runs out in 2024-2026, but I’m not really seeing it.

    • @danielcoop4637
      @danielcoop4637 3 месяца назад +1

      I don't think we're far enough into that cycle to begin seeing the price drop. I think that as time goes on it is inevitable that the .1 loses more value than any other unless it has a documented G6 engine

  • @Gedalneil
    @Gedalneil 4 месяца назад

    I’ll never understand this market. It’s not limited production but it behaves like it is. I was short GT3 mid pandemic and I was so wrong. So so wrong.

  • @scottkidd6046
    @scottkidd6046 5 месяцев назад +3

    How's the 911 Targa market performing?

    • @EvoraGT430
      @EvoraGT430 5 месяцев назад

      Both are worthless 🙂

  • @rachelschaafsma3558
    @rachelschaafsma3558 4 месяца назад

    And m3 g80 Please!!

  • @marshalld.dennen1345
    @marshalld.dennen1345 4 месяца назад +1

    Can you break out the Targa 4s which has it's own price curve

    • @Max-if4jp
      @Max-if4jp 4 месяца назад

      Pls! This would be great!

  • @GregSalazar
    @GregSalazar 4 месяца назад

    Need a Huracan update!

  • @Jay-xr3sb
    @Jay-xr3sb 5 месяцев назад +3

    981 market picking up

    • @ZDY66666
      @ZDY66666 4 месяца назад

      Is it actually? 981 GTS is hella underrated. Great looking front facia, and one of the best engine sound set up in the Porsche lineup. It sounds like the second best sounding car outside of GT3s and GT4RS (excluding special cars like 918/CGT etc). Definitely better sounding than even 981 GT4 if not on par and miles better than the 718 GTS 4.0 by far.

    • @Jay-xr3sb
      @Jay-xr3sb 4 месяца назад

      @@ZDY66666 I wouldn't know how it compares to the 981 gt4.
      981 gts is outstanding, but I found a 15k mark up over a 981S with every option ticked, which is what i went for.
      The gts seems to maintain its price better, but it did get carried away in coivd more than the S, so has now adjusted.
      The base is a fun little engine, prices are coming down for stripper models.

  • @user-cb1wh5wn6f
    @user-cb1wh5wn6f 4 месяца назад +1

    The prices most definitely have not stabilized! They are decreasing further.

    • @fourwheeltrader
      @fourwheeltrader  4 месяца назад

      That seems the most likely scenario indeed.

  • @pedrovs_
    @pedrovs_ 5 месяцев назад +3

    Hi, when are you going to make a vídeo for the EU market?

    • @fourwheeltrader
      @fourwheeltrader  5 месяцев назад +5

      I will start with them at the end of March. The next GT3 update (3 months from now) will include the German market.

    • @pedrovs_
      @pedrovs_ 5 месяцев назад +1

      @@fourwheeltrader Thanks!

    • @Jay-xr3sb
      @Jay-xr3sb 5 месяцев назад +2

      ​@@fourwheeltraderyou've been promising this for too long

    • @cxlin1658
      @cxlin1658 5 месяцев назад +2

      @@fourwheeltraderlooking forward to see the German 992 gt3 market
      Keep up the great work

    • @fourwheeltrader
      @fourwheeltrader  4 месяца назад +3

      ​@@Jay-xr3sb There were some setbacks in setting this up, but i have been running a successful pilot for six months now. Hence, I am fairly confident that you will see the first German data during the next GT3 market update. UK data will appear around the same period for the Evora and Emira markets. During the year, I will gradually increase the number of videos that have EU data. Yet, this channel is still a hobby project so other things need to be prioritized sometimes.

  • @keyzer2011
    @keyzer2011 4 месяца назад

    Why does Porsche even put prices on these things?

  • @ericrubio9025
    @ericrubio9025 4 месяца назад +1

    Shelby GT350R market

  • @OGcottoncandyrandy
    @OGcottoncandyrandy 5 месяцев назад +1

    So to summarize 997 > All

  • @jensis
    @jensis 4 месяца назад

    Don't waste your money now; wait another 6 months and we'll see more realistic prices, as it was before pandemic

  • @ClubPorschedelOuest
    @ClubPorschedelOuest 4 месяца назад

    seems cheap compare to french Porsche market. Lucky u ;)

  • @jeanlouispicard9501
    @jeanlouispicard9501 4 месяца назад

    Will be at 160k€ in 12 month…