Is Porshe GT3 bubble about to burst?

[SS Oyster]

Originally Posted by btcus

Did you really just compare a naturally aspirated GT3 that hits 9k rpms to a 3L turbo 911? Completely different vehicle let alone the terrible interior design of the 992. Yuck.


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No - Chris Harris did. Pretty reputable guy.


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[airchitect]

No new car is worth a premium. No model 911 is rare or hard to get anymore.....not like they used to be. If I’m paying 100k over ask for something it’s gonna have a v12, long nose, be red, sound like sex, have wire knock offs, and be old enough to start thinking about retirement.

[Dyim]

The R bubble is the one that burst.

[bricksinthewall]

Originally Posted by P1nky_Up

I'm waiting until the Ferrari market cools off a little. Been eyeing F430 Scuderia, but I think if I'm patient enough, I can snag a Scuderia and a Challenge Stradale for a marginal amount more if I time it correctly.

What are you expecting the Scud to come down to?

[WJGESQ]

Originally Posted by K3vin

Similarly, the Cayman GT4 bubble bursted as well.

What bubble?

[Jojoshop]

Originally Posted by JLUK

They caught fire a lot.

That was the 991 GT3. Porshe replaced the engine and gave 10 years warranty, overall a sweat deal

[997]

No, it will continue.

Newer models will have "waiting lists", many people won't get an allocation and they will either go to gray dealer and pay over MSRP, or they will go back to the previous model (which will maintain its price due to demand).

I've seen this where I live, mk1 GT3RS was very very limited and used ones sold for $35k over MSRP. People thought "oh, I will just wait for mk2!" but guess what? mk2s came in smaller numbers than mk1 and pushed many people to just eventually pay the premium for a an older model.

The same is true for 2RS, you had to be a VIP to get an allocation, I got lucky and got one, and was offered $80k over MSRP after driving less than 700 miles.

[997]

double post

[stainlesssteve]

Originally Posted by V25V

996? When was the 996 ever desirable???? It was the red headed stepchild of 911's.

The 996 Twin Turbo is arguably the Best Buy in the Porsche world right now... Think Green Sub a few years ago....

[Gotgolf52]

991 GT3 was a bust
Then 991.1GT3RS was the hottest 911 for couple years but no manual.
Porsche release the 991.2GT3 with manual and 991.1RS went down hill fast very fast about $40-50k in the last 6 months.
Then Porsche decided to pump as many 991.2GT3 as people want and they sit in the dealer and flippers have to lower the price. I believe 991.1RS is the best car for the price in today market.
Rolex however won’t bust anytime soon though because $10k watch vs $200k car is a big gap and not everyone can afford $200k car.

[V25V]

Originally Posted by stainlesssteve

The 996 Twin Turbo is arguably the Best Buy in the Porsche world right now... Think Green Sub a few years ago....

Best Buy in what sense? Being a "good deal" or being a good car? Because that car is a dog and an unreliable one at that. Not to mention ugly. 996 is the worse 911 ever, period.


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[Crazy Canuck]

Originally Posted by V25V

Best Buy in what sense? Being a "good deal" or being a good car? Because that car is a dog and an unreliable one at that. Not to mention ugly. 996 is the worse 911 ever, period.


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996 GT3 is a magical car.

[V25V]

Originally Posted by Crazy Canuck

996 GT3 is a magical car.

Driven one. On track. Meh.....but then again, I have driven lots of tin tops on track and they are all meh. That said, 996 GT3 or otherwise is still the worst 911 to ever be made. First water cooled motor, shared boxter parts, etc. It had everything going against it out of the gate and never recovered. They are inexpensive to acquire and for good reason.


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[iLLGT2]

Originally Posted by V25V

Driven one. On track. Meh.....but then again, I have driven lots of tin tops on track and they are all meh. That said, 996 GT3 or otherwise is still the worst 911 to ever be made. First water cooled motor, shared boxter parts, etc. It had everything going against it out of the gate and never recovered. They are inexpensive to acquire and for good reason.


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.

[sokoloka]

Been wanting to add a 991.1 or 991.2 GT3 to the stable. Would love for the bubble to completely burst.

[timedate]

if i had the money i would buy a lexus rc f 5.0.

[V25V]

Originally Posted by iLLGT2

.

Glad you deleted that post because I was about to call BS on that 1:57 at VIR. Not to mention the rest of that post, I'll have to post the track day spoof video if you keep at that track talk, you fit it perfectly.



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[SearChart]

Originally Posted by Jojoshop

That was the 991 GT3. Porshe replaced the engine and gave 10 years warranty, overall a sweat deal

How could you possibly misspell Porsche three times...

[Laszlo]

Originally Posted by V25V

996? When was the 996 ever desirable???? It was the red headed stepchild of 911's.

The 996s are desirable and actually really hard to get, especially one that’s clean. The 4S and Turbos have shot up quite a bit. All now used (clean) in the $40 to 60k range. And they sell within days.

[V25V]

Originally Posted by Laszlo

The 996s are desirable and actually really hard to get, especially one that’s clean. The 4S and Turbos have shot up quite a bit. All now used (clean) in the $40 to 60k range. And they sell within days.

That's still pretty inexpensive, relatively speaking. How much is a 997 Turbo or 4S in comparison, in similar condition? Surely more.

[Crazy Canuck]

Not many clean 996 GT3s under $70k USD. Usually more. Only 1100 or so were ever imported to North America and a bunch have been written off.

I also have a new 2018 GT3 Touring. It is a magnificent car.
However, I will never sell my 996 GT3.

[iLLGT2]

Originally Posted by V25V

Glad you deleted that post because I was about to call BS on that 1:57 at VIR. Not to mention the rest of that post, I'll have to post the track day spoof video if you keep at that track talk, you fit it perfectly.



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Just not arguing with ignoramus

Bullshit? Me and my buddy Matt callahan both were doing sub 2’s at the zone 2 VIR club races/de I. Our 996 gt2s and the cups at the time were 1:54:55 range, maybe you’re thinking of the full magazine test course , but I’m talking about full course minus infield turn on the back straight going right
This is fact

My name holds weight
And everything I said

Again I’m just not arguing all this bs with someone who is so clearly bias

I’m sick of fighting on the internet!

You can check me on Rennlist and ask for my references

Regardless post up your 50k mike ownership experience and track experience in a 996 base gt car, I’ll wait.

James sofronas and Fabryce at GmG and lex at Moton helped me dial in my motons to perfection, I data logged countless hours on track to get it where it was in its capability . This is all literally 10+ years ago at this point but fact remains the 996 platform again in cup and gt form were stout and reliable

Spencer Cox and Chris Musante were my racing/driving coaches
If you know you know

0 bs here

[V25V]

Originally Posted by iLLGT2

Just not arguing with ignoramus

Bullshit? Me and my buddy Matt callahan both were doing sub 2’s at the zone 2 VIR club races/de
This is fact

My name holds weight
And everything I said

Again I’m just not arguing all this bs with someone who is so clearly bias

I’m sick of fighting on the internet!

You can check me on Rennlist and ask for my references

Club races/DE? Give it a rest, I have been racing a long time and instructed (still do) with NASA/HOD/TrackDaze/etc, I have raced with several of the instructors at Motincello you speak of as well and still do.

You:

https://www.youtube.com/watch?v=b7iUKaPlBl8&t=23s

[V25V]

Originally Posted by Crazy Canuck

Not many clean 996 GT3s under $70k USD. Usually more. Only 1100 or so were ever imported to North America and a bunch have been written off.

I also have a new 2018 GT3 Touring. It is a magnificent car.
However, I will never sell my 996 GT3.

70K for a GT3 is still a bargain, but its priced where it is because of what it is/was. Just because a low mileage, untracked one is at that price, does not make it desirable. Just for a big P-Car collector who has to have it in his garage and in mint condition, it would be.

But I agree, you do not see many 996 GT3's at all. However, I do not see that making it desirable. If I had to pick one GT3 to have, it would be a 997 RS.

[iLLGT2]

Originally Posted by V25V

Club races/DE? Give it a rest, I have been racing a long time and instructed (still do) with NASA/HOD/TrackDaze/etc, I have raced with several of the instructors at Motincello you speak of as well and still do.

You:

https://www.youtube.com/watch?v=b7iUKaPlBl8&t=23s

And so have I

Ari Strauss and I battled it out in his 430 challenge and my gt2 long long time ago
I beat his 430 challenge time
I ALSO instructed for Monticello before moving down to south Florida in 2010 when the club was new

Have some respect for your responses
Your initial 996 bashing
Etc

Yea I’m not the fastest or the best
But I did it

And tons of elite drivers would vouch for me and my experiences

This was all to reference what I actually did in a 996 unlike you that talks with out ownership

[V25V]

Originally Posted by iLLGT2

This was all to reference what I actually did in a 996 unlike you that talks with out ownership

But I have driven a 996 GT3, on track. And again, it was meh. I have driven 997's and 991's, they are superior. Not sure why you cannot accept it was and is the worst GT3 in the lot, and the worst 911 of them all. It is pretty widely accepted.

https://www.roadandtrack.com/car-cul...e-collectible/

[iLLGT2]

Originally Posted by V25V

But I have driven a 996 GT3, on track. And again, it was meh. I have driven 997's and 991's, they are superior. Not sure why you cannot accept it was and is the worst GT3 in the lot, and the worst 911 of them all. It is pretty widely accepted.

https://www.roadandtrack.com/car-cul...e-collectible/

That is your opinion.

Imo it’s the most pure, and I honestly don’t even love the 996 GT3 all that much, I’ve been a gt2 guy before it was now fashionable.
I recently had a lot of time in a 991 GT3 rs and thought it was soft, vague in the steering, just didn’t feel like a gt car I knew of and loved.

So for me I’m talking about driving experience and purity, again maybe not the fastest or best but as a drivers car it is and makes you really work
They are also very reliable as I said

I’m not arguing the desirability part rather you said it was a shitty unreliable car, and in that case I strongly disagree which led me to my experiences solely because my car never failed me once in 7-8 years on the track.

But I do think a 997 GT3 .1 and .2 are both great drivers too

991’s do 0 for me but I won’t deny their performance!

[Crazy Canuck]

Originally Posted by V25V

70K for a GT3 is still a bargain, but its priced where it is because of what it is/was. Just because a low mileage, untracked one is at that price, does not make it desirable. Just for a big P-Car collector who has to have it in his garage and in mint condition, it would be.

But I agree, you do not see many 996 GT3's at all. However, I do not see that making it desirable. If I had to pick one GT3 to have, it would be a 997 RS.

That's not the market and that's not the buyer. The mint undriven garage queens are $90k+, often $100k+. The clean drivers are $70.
Keep in mind MSRP was $99k.

The car is held in very very high regard by Pete Stout of Excellence, Panorama and 000.

It will never be widely desirable as a daily driver or regular use street car. It's too rough. A Carrera is much much more comfortable.

[Moving Chicane]

As a current 991 RS owner (and once upon a time 996 GT3 owner, and more recently a 2008 Scud owner) I've watched the prices slowly come down since last Oct-Dec. And they are still going lower now. Like almost every Porsche; like almost every generation.

Some will go lower than others. For example, 2004 GT3's once were in the low-$50's. Now a clear, non-track car is probably $80's? I expect these 991's to go down to a $100K at some point. But that's ok; I bought a depreciating asset and I know it. So gradual or "panic bubble" doesn't really matter to me.

YMMV.

[V25V]

Originally Posted by iLLGT2

That is your opinion.

Imo it’s the most pure, and I honestly don’t even love the 996 GT3 all that much, I’ve been a gt2 guy before it was now fashionable.
I recently had a lot of time in a 991 GT3 rs and thought it was soft, vague in the steering, just didn’t feel like a gt car I knew of and loved.

So for me I’m talking about driving experience and purity, again maybe not the fastest or best but as a drivers car it is and makes you really work
They are also very reliable as I said

I’m not arguing the desirability part rather you said it was a shitty unreliable car, and in that case I strongly disagree which led me to my experiences solely because my car never failed me once in 7-8 years on the track.

But I do think a 997 GT3 .1 and .2 are both great drivers too

991’s do 0 for me but I won’t deny their performance!

The widow maker is certainly a different animal all together. Still would prefer a newer one but that's a lot of HP and a lot of fun im sure regardless. Never had the chance to drive one, not many guys are willing to put them on the track, let alone let me drive it.