GT2RS allocation available at MSRP
Jan 11, 2011 | 08:23 PM
#51
Thread Starter
| Teamspeed Senior Member
Joined: Mar 2008
Posts: 430
From: Massachusetts
When the 997.1 GT2 was released to the US, the dealer near me claimed they had the first one. They sold it for MSRP, and then it was given back to the dealer by the owner. The dealer then priced it used for 265k, which was MUCH more than the MSRP. Sure enough, the car was sold and it now belongs to an owner of a renting company.
This particular example was GT Silver Metallic.
This particular example was GT Silver Metallic.
Jan 11, 2011 | 11:11 PM
#53
Teamspeed Pro
Joined: Nov 2008
Posts: 7,658
From: LA
For some reason I don't see this car suffering the same fate as the 7.1 GT2 or 430.
The 996/7 GT2s were not collector cars. They were the 911 flagship/halo, rare, outrageous, and expensive. They depreciated and became used cars, track whores, etc. I don't think many are going to be kept as low-mile collectors.
The GT2 RS, either way you slice it, is the only RS version of the 2. That's kind of cool. It's more limited. It's more distinct with it's two-tone interior and the CF on the exterior. It's got a HUGE power bump. It's either the last GT1 (3rsle?) or at least the last forced induction GT1 engine car. Yes the 991 is coming out soon, but we're a few years out from the GT versions of that hitting the streets. Plus, the 997 was a huge hit. Everyone likes the 997 and will for years to come, just like the 993, and unlike the 996 which has a lot of mixed opinions. For sure P/F/L will continue to come out new generations, and special/racey iterations of those generations. Been the pattern for as long as I can remember (not that long).
I am not saying the car is a great investment, but I don't think you'll be picking one up for <$200K in Spring 2012. Unless 2012 shit is real.
Overall, I don't think that end of the economy will fall much from here, anyway. 458 market is strong. Will be interesting to see how the Gallardo replacement does.
The 996/7 GT2s were not collector cars. They were the 911 flagship/halo, rare, outrageous, and expensive. They depreciated and became used cars, track whores, etc. I don't think many are going to be kept as low-mile collectors.
The GT2 RS, either way you slice it, is the only RS version of the 2. That's kind of cool. It's more limited. It's more distinct with it's two-tone interior and the CF on the exterior. It's got a HUGE power bump. It's either the last GT1 (3rsle?) or at least the last forced induction GT1 engine car. Yes the 991 is coming out soon, but we're a few years out from the GT versions of that hitting the streets. Plus, the 997 was a huge hit. Everyone likes the 997 and will for years to come, just like the 993, and unlike the 996 which has a lot of mixed opinions. For sure P/F/L will continue to come out new generations, and special/racey iterations of those generations. Been the pattern for as long as I can remember (not that long).
I am not saying the car is a great investment, but I don't think you'll be picking one up for <$200K in Spring 2012. Unless 2012 shit is real.
Overall, I don't think that end of the economy will fall much from here, anyway. 458 market is strong. Will be interesting to see how the Gallardo replacement does.
Last edited by wyatth; Jan 11, 2011 at 11:17 PM.
Jan 11, 2011 | 11:17 PM
#54
Teamspeed Senior Member
Joined: Mar 2008
Posts: 548
Up until 2009, F-Cars really didn't depreciate much. The F458 is just so much better and the 2006/07 F430's are all coming off warranty, a perfect storm, so to speak. So the F-Cars finally took a mega hit over the last 18 months. On the flip side, I'm still seeing used 458's with up to 4000 miles selling for $20k more than the owner paid. There are very few if any 458's on the lot. 99% are pre sold and F-Car dealers are getting 0-2 a month. It will be quite a while before F458's backslide. Demand is still way ahead of supply. My guy is booked out for the next 18 months and his F458 Spider requests are two pages long.
I honestly think if Porsche even made a modest effort of giving the GT2RS a facelift that bordered on exotic, they would have had a non depreciating car. Instead, they counted on performance to carry the day. I personally love the performance spec, but I hate the CF hood and side scoops. I just don't think Porsche went far enough with the body design. A new nose, CF rear wing and bolt on fender flares would have been cool.
I may still keep this car. It's easy to walk away when it's still vaporware. But once I touch it and sit in it, I usually buy it. I was actually hoping someone would scoop it up so I didn't have to make a final decision. If I do get it, the hood and side scoops go into storage and I install stock turbo parts. Or maybe I should just send it to Tech Art and have it painted in Satin finish with an all new interior.
I honestly think if Porsche even made a modest effort of giving the GT2RS a facelift that bordered on exotic, they would have had a non depreciating car. Instead, they counted on performance to carry the day. I personally love the performance spec, but I hate the CF hood and side scoops. I just don't think Porsche went far enough with the body design. A new nose, CF rear wing and bolt on fender flares would have been cool.
I may still keep this car. It's easy to walk away when it's still vaporware. But once I touch it and sit in it, I usually buy it. I was actually hoping someone would scoop it up so I didn't have to make a final decision. If I do get it, the hood and side scoops go into storage and I install stock turbo parts. Or maybe I should just send it to Tech Art and have it painted in Satin finish with an all new interior.
Jan 12, 2011 | 10:07 AM
#55
Teamspeed Senior Member
Joined: Nov 2008
Posts: 283
For some reason I don't see this car suffering the same fate as the 7.1 GT2 or 430.
The 996/7 GT2s were not collector cars. They were the 911 flagship/halo, rare, outrageous, and expensive. They depreciated and became used cars, track whores, etc. I don't think many are going to be kept as low-mile collectors.
The GT2 RS, either way you slice it, is the only RS version of the 2. That's kind of cool. It's more limited. It's more distinct with it's two-tone interior and the CF on the exterior. It's got a HUGE power bump. It's either the last GT1 (3rsle?) or at least the last forced induction GT1 engine car. Yes the 991 is coming out soon, but we're a few years out from the GT versions of that hitting the streets. Plus, the 997 was a huge hit. Everyone likes the 997 and will for years to come, just like the 993, and unlike the 996 which has a lot of mixed opinions. For sure P/F/L will continue to come out new generations, and special/racey iterations of those generations. Been the pattern for as long as I can remember (not that long).
I am not saying the car is a great investment, but I don't think you'll be picking one up for <$200K in Spring 2012.
The 996/7 GT2s were not collector cars. They were the 911 flagship/halo, rare, outrageous, and expensive. They depreciated and became used cars, track whores, etc. I don't think many are going to be kept as low-mile collectors.
The GT2 RS, either way you slice it, is the only RS version of the 2. That's kind of cool. It's more limited. It's more distinct with it's two-tone interior and the CF on the exterior. It's got a HUGE power bump. It's either the last GT1 (3rsle?) or at least the last forced induction GT1 engine car. Yes the 991 is coming out soon, but we're a few years out from the GT versions of that hitting the streets. Plus, the 997 was a huge hit. Everyone likes the 997 and will for years to come, just like the 993, and unlike the 996 which has a lot of mixed opinions. For sure P/F/L will continue to come out new generations, and special/racey iterations of those generations. Been the pattern for as long as I can remember (not that long).
I am not saying the car is a great investment, but I don't think you'll be picking one up for <$200K in Spring 2012.
GT3RS, GT2RS, Boxster Spyder
Look good + drive good + low-production volume.
The more I stew on it, the more I think anybody passing up a GT2RS allocation right now is crazy.
Jan 12, 2011 | 10:10 AM
#56
Teamspeed Pro
Joined: Mar 2010
Posts: 4,454
From: Pennsylvania
I'm just going off of what the dealer told me.
Here's a quote from what a dealer employee said:
"Available for sale for $265k. Now I just need to get my manager to let me drive it ;-)"
Here's a quote from what a dealer employee said:
"Available for sale for $265k. Now I just need to get my manager to let me drive it ;-)"
Last edited by Carrera; Jan 12, 2011 at 10:12 AM.
Jan 12, 2011 | 10:36 AM
#57
Neg Rep Zen Master
Joined: Jan 2008
Posts: 4,573
From: Up Yours!
I agree with this observation. ~125 cars in the USA results in scarcity, and that is a fundamental determinate of value. Lot of short run cars coming from P right now that are likely to hold value as the years pass.
GT3RS, GT2RS, Boxster Spyder
Look good + drive good + low-production volume.
The more I stew on it, the more I think anybody passing up a GT2RS allocation right now is crazy.
GT3RS, GT2RS, Boxster Spyder
Look good + drive good + low-production volume.
The more I stew on it, the more I think anybody passing up a GT2RS allocation right now is crazy.
Jan 12, 2011 | 11:06 AM
#58
Banned
Joined: Jun 2008
Posts: 4,846
Then you are nuts. When they first came out nearly all of them went over MSRP - I recall some dealers asking STUPID prices for them. I remember an Aqua Blue car that a dealer was asking 30k over MSRP for. Kind of like when a 7.1 3RS w/ 890mi go for 187k wholesale in 2007 with a 130k sticker
Jan 12, 2011 | 11:31 AM
#59
Teamspeed's Mr. Spock
Joined: Jan 2008
Posts: 6,947
From: Los Angeles
They only brought 300 996 GT2's to the U.S.
Didn't stop mime and 299 others from being depreciation disasters. I mean, a sun 10k mile one can't we go for 100k! It's pathetic.
I hope the RS will fair better.
Didn't stop mime and 299 others from being depreciation disasters. I mean, a sun 10k mile one can't we go for 100k! It's pathetic.
I hope the RS will fair better.
Jan 12, 2011 | 11:48 AM
#60
Rolex Fanboy
Joined: Feb 2008
Posts: 8,638
From: In a dream....please don't wake me
Widow makers suffered massive depreciation because of their reputation. Too unsafe for the public.