Rennteam 2.0 - EN - Forum - Re: GT3 Gen 2 - Depreciation - Page1

Aug 22, 2010 2:28:42 PM

Wolvy: Junior; Loc: UK , United Kingdom; Posts: 119, Gallery; Registered on: Jul 4, 2003

GT3 Gen 2 - Depreciation

Hi,

I've been looking at lightly used GT3 Gen 2 cars in the UK, there are a couple of cars that don't quite have the options on them I want but I can buy them around £8k less than a new car. I didn't think new cars were still available but have been offered a confirmed built slot for speccable car to be built in October, with delivery in November.

If the all new 911 (991) was 2 years away I would order the new car without hesitation but I am concerned that we may be closer to the 991 than we think and am concerned that I might spend £95k on a car that will take a massive hit when the 991 comes out.

Am I right to be concerned or do you think the GT3 will be protected more than the regular cars as a new GT3 must be at least 2 years away. I realise I will lose money no matter what I buy but I wouldn't want to lose more than £12k per year in depreciation really.

Does anyone know for definite when the 991 will be launched in the UK?

Cheers

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Aug 22, 2010 2:34:29 PM

Atzporsche: Rennteam VIP; Loc: Vancouver , Canada; Posts: 9118, Gallery; Registered on: Feb 7, 2005; Reply to: Wolvy

Re: GT3 Gen 2 - Depreciation

although we do not know exactly when the 991 will be released, rest assured the GT3 is not expected in 2011. The Carrera's will show in late 2010 or 2011. The new GT3 will certainly go a different direction, so i think the 997.2 will become a unique collector in the 911 line-up.

These cars are still beautifully simple when compared the to technology injected 991 series we will see replacing the 997. I'd say go ahead and buy this GT3 right now. You KNOW you love it the way it is, and the 991 could get changes that need some "adjusting" such as PDK

That's all i can say at this point. Not sure about UK release.

--

indeed shifting is ancient technology - so is a fuel burning engine.. I happen to like both :)

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Aug 23, 2010 8:02:08 AM

BjoernB: Rennteam Master; Loc: Switzerland , Switzerland; Posts: 4100, Gallery; Registered on: Oct 19, 2004; Reply to: Atzporsche

Re: GT3 Gen 2 - Depreciation

I am in a similar position eyeing a 997.2 GT3 or even RS - but clearly waiting for the 991 prices and specifications. On the otherhand I am not sure if I want a DFI engine versus the Metzger engine in the current GT3. All I can say is that on the swiss market GT3's etc are already clearly below the 8k depreciation vs new and I am sure it will continue quite heavily once the 991 is out in FRA Sept 2011 or even before when we know more about it.

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Aug 23, 2010 6:36:08 PM

Atzporsche: Rennteam VIP; Loc: Vancouver , Canada; Posts: 9118, Gallery; Registered on: Feb 7, 2005; Reply to: BjoernB

Re: GT3 Gen 2 - Depreciation

Keep in mind the 991 GTs might be market up in the chain, meaning they could get more expensive.

--

indeed shifting is ancient technology - so is a fuel burning engine.. I happen to like both :)

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Aug 24, 2010 11:01:42 AM

RC: Rennteam Administrator; Loc: Rennteam HQ , Germany; Posts: 59579, Gallery; Registered on: Mar 26, 2002; Reply to: Atzporsche

Re: GT3 Gen 2 - Depreciation

991 is due next year but apparently, for the very first time, introduction is rumored to be in September and not in May/June like in the past. Again...this is a rumor. It is however pretty much sure that the 991 is going to be introduced next year.

The 991 GT3, development has been OKed, is going to be available earliest late 2012 as far as I heard.

--

RC (Germany) - Rennteam Editor Porsche 997 Turbo, BMW X5 M, BMW M3 Cab DKG, Mini Cooper S JCW

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Aug 24, 2010 11:35:14 AM

easy_rider911: Rennteam VIP; Loc: London , United Kingdom; Posts: 22190, Gallery; Registered on: Nov 8, 2004; Reply to: RC

Re: GT3 Gen 2 - Depreciation

I get the impression that it was far harder to get a 997.1 GT3 (or a 997.1 GT3 RS) as new cars when they came out compared to the 997.2 GT3 and (to a slightly lesser degree the 997.2 GT3 RS) when ordering those as new cars. If it is easier to get them - and there are therefore more of them around - the impact on used car prices will be predictable.

Just my 2 cents Smiley

--

RT Moderator - 997.1 Carrera S GT Silver/Cocoa, -20mm/LSD, PSE, short shifter, SportDesign rims, Zuffenhausen collection

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Aug 24, 2010 11:57:44 AM

Super Darius: Rennteam Moderator; Loc: Italy-Como , Italy; Posts: 4084, Gallery; Registered on: Apr 7, 2002; Reply to: RC

Re: GT3 Gen 2 - Depreciation

RC:

991 is due next year but apparently, for the very first time, introduction is rumored to be in September and not in May/June like in the past. Again...this is a rumor. It is however pretty much sure that the 991 is going to be introduced next year.

The 991 GT3, development has been OKed, is going to be available earliest late 2012 as far as I heard.

Christian

991 Turbo 2012 or 2013?

--
997 TT, what a car/che'mmmmmaghena!!!

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Aug 26, 2010 4:23:11 AM

JAMS: Pilot; Loc: LVK , United States; Posts: 326, Gallery; Registered on: Dec 21, 2004; Reply to: Super Darius

Re: GT3 Gen 2 - Depreciation

Oh yes, depreciation. Funny, I have not even thought of that word since my new RS arrived. I think that is a good sign... sort of like Hemingway's comment about his favorite sport of pheasant shooting: "It's worth whatever it costs!"

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Aug 26, 2010 6:00:23 AM

Spyderidol: Rennteam Master; Loc: Mozambique; Posts: 5807, Gallery; Registered on: Apr 25, 2007; Reply to: JAMS

Re: GT3 Gen 2 - Depreciation

Just beautiful!

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Aug 26, 2010 6:51:46 AM

Gnil: Rennteam Moderator; Loc: VD, Switzerland , Switzerland; Posts: 14167, Gallery; Registered on: Mar 11, 2005; Reply to: Spyderidol

Re: GT3 Gen 2 - Depreciation

Spyderidol:

Just beautiful!

+1 !! Never saw rhe RS in red before. Do you have more pics from the complete car in daylight ?

I like also your inner cosmetic options. Smiley

--

997.2 C2S, PDK, -20mm

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Aug 26, 2010 7:01:16 AM

Rossi: Rennteam VIP; Loc: Home , Germany; Posts: 12680, Gallery; Registered on: Apr 11, 2002; Reply to: Gnil

Re: GT3 Gen 2 - Depreciation

Very, very nice GT3 RS!

Red with black accents, superb interior, very tasteful indeed.

--

The secret of life is to admire without desiring.

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Aug 26, 2010 9:12:21 AM

easy_rider911: Rennteam VIP; Loc: London , United Kingdom; Posts: 22190, Gallery; Registered on: Nov 8, 2004; Reply to: Rossi

Re: GT3 Gen 2 - Depreciation

Looks stunning

--

RT Moderator - 997.1 Carrera S GT Silver/Cocoa, -20mm/LSD, PSE, short shifter, SportDesign rims, Zuffenhausen collection

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Aug 26, 2010 10:02:53 AM

Ferdie: Rennteam VIP; Loc: Europe , Germany; Posts: 8234, Gallery; Registered on: Jul 2, 2004; Reply to: easy_rider911

Re: GT3 Gen 2 - Depreciation

Awesome combination. Very different yet coherent... Do you possibly have some exterior shots of the whole car?

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Aug 26, 2010 12:53:54 PM

FFaust: Senior; Loc: Toronto'ish , Canada; Posts: 736, Gallery; Registered on: Nov 15, 2009; Reply to: Ferdie

Re: GT3 Gen 2 - Depreciation

See Jams, I told you we needed some more pics ;)

--

Slow In, Fast Out

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Aug 26, 2010 2:59:59 PM

JAMS: Pilot; Loc: LVK , United States; Posts: 326, Gallery; Registered on: Dec 21, 2004; Reply to: FFaust

Re: GT3 Gen 2 - Depreciation

Thanks, you are all very kind... Some may consider it too much 'bling' for an RS but my '07 GT3 was pretty basic and I decided to kick it up a notch this time. It is meant to be more of a 'touring' version of the RS, hence the full leather, etc. With a 'strong' exterior color, I didn't think it needed stickers. Very, very pleased with the outcome. Cheers!

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Aug 26, 2010 3:18:53 PM

Pentium: Rennteam Master; Loc: Earth , Romania; Posts: 3054, Gallery; Registered on: Apr 27, 2003; Reply to: JAMS

Re: GT3 Gen 2 - Depreciation

Best GT3RS I ever saw Smiley

--

There is no try. Just do.

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Aug 26, 2010 3:54:29 PM

lukestern: Expert; Loc: Somewhere , United Kingdom; Posts: 1377, Gallery; Registered on: Mar 15, 2005; Reply to: Pentium

Re: GT3 Gen 2 - Depreciation

Fantastic car an colour combination! Enjoy

--

Current: 997.2 C2S Meteorgrey/Black - PDK, PSE, LSD, SportChrono, Nav, Bose, etc.

Sold: 997C2S Black/Black - PSE, Adaptives, PCCB, -20mm/LSD, Short-shifter, SportChrono, Nav, BOSE, etc.

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Aug 26, 2010 4:27:07 PM

Spyderidol: Rennteam Master; Loc: Mozambique; Posts: 5807, Gallery; Registered on: Apr 25, 2007; Reply to: lukestern

Aug 26, 2010 5:26:38 PM

Futch: Rennteam Moderator; Loc: EU , United Kingdom; Posts: 4759, Gallery; Registered on: May 14, 2002; Reply to: Spyderidol

Re: GT3 Gen 2 - Depreciation

Stunning, simply stunning!

I love it!

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Aug 26, 2010 5:49:53 PM

easy_rider911: Rennteam VIP; Loc: London , United Kingdom; Posts: 22190, Gallery; Registered on: Nov 8, 2004; Reply to: Futch

Re: GT3 Gen 2 - Depreciation

One of the best 997.2 GT3 RS cars I have seen - very tasteful indeed

--

RT Moderator - 997.1 Carrera S GT Silver/Cocoa, -20mm/LSD, PSE, short shifter, SportDesign rims, Zuffenhausen collection

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Aug 26, 2010 5:52:28 PM

Atzporsche: Rennteam VIP; Loc: Vancouver , Canada; Posts: 9118, Gallery; Registered on: Feb 7, 2005; Reply to: easy_rider911

Re: GT3 Gen 2 - Depreciation

I love that red one, looks amazing !

--

indeed shifting is ancient technology - so is a fuel burning engine.. I happen to like both :)

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Aug 26, 2010 6:04:23 PM

Pilot: Veteran; Loc: California , United States; Posts: 1238, Gallery; Registered on: Apr 8, 2007; Reply to: JAMS

Re: GT3 Gen 2 - Depreciation

Congrats on your new car, it looks stunning!

I am assuming that your car is the US version (from the rear bumper), how did you manage to get those seats? Are they available for US buyers now?

Enjoy your GT3RS, I'm sure you'll have lots of fun with it.

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Aug 26, 2010 6:21:25 PM

JAMS: Pilot; Loc: LVK , United States; Posts: 326, Gallery; Registered on: Dec 21, 2004; Reply to: Pilot

Re: GT3 Gen 2 - Depreciation

I found a new set at a good price last year (cart before the horse). You can find them here: http://www.suncoastparts.com/product//997GT3SEATS.html

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Aug 26, 2010 6:50:15 PM

ISUK: Rennteam Master; Loc: UK , United Kingdom; Posts: 4206, Gallery; Registered on: Dec 16, 2004; Reply to: JAMS

Re: GT3 Gen 2 - Depreciation

Wolvy for what it's worth my UK dealer is anticipating the 991 arriving in the UK in April/May. We'll have to wait to see if he's right. I pulled the plug on my October GT3 build slot so you may have been offered that. I got the distinct impression though that I wasn't the only customer cancelling their slot.

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Aug 26, 2010 8:46:22 PM

Wolvy: Junior; Loc: UK , United Kingdom; Posts: 119, Gallery; Registered on: Jul 4, 2003; Reply to: ISUK

Re: GT3 Gen 2 - Depreciation

Cheers ISUK,

Hmmmm.... I just get a feeling that 991 is closer than we think, by April/May I would imagine that spec and maybe pictures will be out in public at the very least. I'm kicking myself I didn't take the GT3 a year ago but I'm quite sure I'll take a very big hit by taking a new GT3 at the end of the year, plus I won't use it much until Spring anyhow.

I know every car depreciates but in these economic times I would feel a little guilty about losing £30k or so in 18 months on a new car even though I can afford to buy the car outright tomorrow if I wanted. This recession has made me value money much more than before as it is a lot harder to make it in the first place!

Maybe I should put a deposit down for 991 2S and then take a 991 GT3 when they come out in a couple of years. The only problem is you can wait for ever as there is always something new/better around the corner. A new 991 should hold its money well for the first year or so I would of thought (assuming it gets good reviews!)

Your 458 is stunning!

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Aug 26, 2010 8:49:00 PM

Wolvy: Junior; Loc: UK , United Kingdom; Posts: 119, Gallery; Registered on: Jul 4, 2003; Reply to: JAMS

Re: GT3 Gen 2 - Depreciation

Stunning! Not seen a guards GT3 RS before, best one I've seen.....

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Aug 26, 2010 8:59:58 PM

Adam2S: Senior; Loc: UK , United Kingdom; Posts: 745, Gallery; Registered on: Feb 19, 2007; Reply to: Wolvy

Re: GT3 Gen 2 - Depreciation

Wolvy:

Cheers ISUK,

Hmmmm.... I just get a feeling that 991 is closer than we think, by April/May I would imagine that spec and maybe pictures will be out in public at the very least. I'm kicking myself I didn't take the GT3 a year ago but I'm quite sure I'll take a very big hit by taking a new GT3 at the end of the year, plus I won't use it much until Spring anyhow.

I know every car depreciates but in these economic times I would feel a little guilty about losing £30k or so in 18 months on a new car even though I can afford to buy the car outright tomorrow if I wanted. This recession has made me value money much more than before as it is a lot harder to make it in the first place!

Maybe I should put a deposit down for 991 2S and then take a 991 GT3 when they come out in a couple of years. The only problem is you can wait for ever as there is always something new/better around the corner. A new 991 should hold its money well for the first year or so I would of thought (assuming it gets good reviews!)

Your 458 is stunning!

Just buy the V12 Vantage wolvy - you know it makes more 'financial' sense! Smiley Seriously though there is always something better coming out whatever you buy that will damage the residuals of your beloved current purchase. Buy it and enjoy it while you can and then worry about being broke when your an old old man! Smiley

JAMS - stonking RS matey! Love it!!!

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Aug 26, 2010 9:11:05 PM

ISUK: Rennteam Master; Loc: UK , United Kingdom; Posts: 4206, Gallery; Registered on: Dec 16, 2004; Reply to: Adam2S

Re: GT3 Gen 2 - Depreciation

If resale is a major factor then an early 991 C2S will be a better bet IMHO. The Gen 2 GT3 is withoubt doubt a seriously impressive car but it faces a lot of competition in the used market place not least from the 997.1 GT3 and GT3 RS which will be pushed further down in value and start to look great buys when more Gen2 carsfilter onto the used market.

If you are not intending to use the car on a track then the new model will most likely be more than good for road use. I opted to go down the route of an early 991 for this very reason. I just hope Porsche don't get greedy and try and charge silly money for the new car.

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Aug 26, 2010 9:20:37 PM

Wolvy: Junior; Loc: UK , United Kingdom; Posts: 119, Gallery; Registered on: Jul 4, 2003; Reply to: ISUK

Re: GT3 Gen 2 - Depreciation

Yes the price of the 991 is a consideration, I hope they keep it realistic. It is quite easy to spec a current C2S now to £80k+, which makes the GT3 look better value.

I guess we will have to wait and see....

what are the latest rumours regards 991? I would have thought the 'S' will be 400+ bhp, and I expect the interior to be a higher quality/more luxurious than the 997. I just hope it looks good, the 997 range is nice but starting to look a little dated, but the panamera is new and I just don't like the look of that at all (except the interior).

The only thing in the back of my mind is the GT3 was just so much more exciting to drive the standard car, and perhaps the 991 will be even more 'luxury tourer' than sports car!?....

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Aug 26, 2010 9:24:28 PM

JAMS: Pilot; Loc: LVK , United States; Posts: 326, Gallery; Registered on: Dec 21, 2004; Reply to: Adam2S

Re: GT3 Gen 2 - Depreciation

"Stunning! Not seen a guards GT3 RS before, best one I've seen....."

Thank you sir, and sorry... I did not mean to hijack your thread. Just wanted to make the point that you just did: The next new thing always just around the corner. I have a wonderful Ducati poster with a sorry old man sitting on a park bench and the caption: "Someday I'll get a motorcycle. I've always said that"!

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