992 GT3 RS in Free Fall! Let’s catch up on 4.0-Litre Porsche Market!

Introduction

Hello everyone, and welcome to this update on the car market, with a particular focus on Porsches today. There’s been a lot of interest regarding the 992 GT3 RS, and I wanted to dive into what’s happening with these cars and the broader market landscape, especially concerning the 4.0-litre Porsches.

The Current Market Snapshot

If we take a look at the listings on AutoTrader, we can see the prices for the 992 GT3 RS are currently around £239,900. This model has been marketed as a low-spec version, and it seems that the production numbers are quite high. With reports suggesting that around 9,000 units are set to be made worldwide, it raises some questions about future value as it appears there are simply too many limited editions.

I mentioned previously that I predicted a price drop, suggesting that lower-spec models might eventually land around the £220,000 mark, while the higher-spec cars would settle around £250,000.

One pressing concern with the 992 GT3 is the issue with windshields; specifically, many are reporting cracks due to problems with the glue used during assembly. This raises concerns about the quality of these newer models compared to the 991 series. Anecdotal feedback suggests that production might be compromising quality amid the rush to roll out more cars before the industry shifts more toward electric models.

Additionally, the design of the 992 GT3 RS is notably large, and its aggressive race-car aesthetic might deter some buyers. Personally, it prompted me to consider what modifications I’d want to make, like adding Martini racing stickers for a personal touch. That said, if I were to buy one, my target price would be around £200,000.

The 991 GT3 - A Solid Investment?

The 991 GT3 has seen some price fluctuations too, but they appear to be holding up relatively well. The RS model, which I purchased recently, is being watched closely for value retention. Currently, 45 GT3 RS models are for sale with prices ranging from lower to mid £150,000.

Reflecting on my previous experiences, I remember when I bought my first GT3 for £212,000, only to see its value drop dramatically. Thankfully, prices seem to be stabilizing in the mid-£125,000 range, making the 991 GT3 RS a valuable proposition.

Furthermore, the 718 models, including the Cayman and Spider, are also seeing price adjustments. The 718 Spider is currently listed anywhere from £75,000 to £76,000 at various dealers, which seems like an attractive price for such a distinctive car. The GT4 RS has also been declining in value, which is something to keep an eye on for potential buyers.

Looking Ahead

Despite some concerns about the market, especially with rising interest rates making it harder to flip cars without incurring losses, it appears that the market for 992 GT3 models is holding steady at the moment. Buyers seem to be less inclined to move on from their vehicles, anticipating future fluctuations.

On the horizon, the new GT3 992.2 is expected to hit showrooms, which will increase the total number of GT3 models available. Another interesting factor is the rising discussion around electric vehicles (EVs) and potential mileage taxes, which could impact the desirability of traditional combustion-engine vehicles moving forward.

Conclusion

In summary, the Porsche market, particularly for the 992 GT3 RS and other related models, is seeing some intriguing dynamics. A mix of high production volumes, quality concerns, and market speculation makes it a fascinating area for enthusiasts and investors alike.

As we gear up for upcoming events like the Goodwood Revival, where I’ll be showcasing some of these cars, I look forward to your thoughts and feedback on where you think the Porsche market is headed!

Keyword

• Porsche
• 992 GT3 RS
• 991 GT3 RS
• market trends
• electric vehicles
• production numbers
• car valuation

FAQ

Q1: What is the current price range for the 992 GT3 RS?
A1: The current listing for the 992 GT3 RS is around £239,900 for lower-spec models.

Q2: How many units of the 992 GT3 RS will be produced?
A2: It is reported that around 9,000 units will be made worldwide.

Q3: What concerns have been raised about the 992 GT3 RS?
A3: There are concerns regarding windshield quality, specifically issues with the glue used, as well as questions about overall build quality compared to the previous 991 series.

Q4: How is the 991 GT3 holding its value?
A4: The 991 GT3 seems to be stabilizing in the mid-£125,000 range, making it a potential good investment.

Q5: What is the outlook for the electric vehicle market in relation to Porsches?
A5: There are discussions around potential mileage taxes for EVs which could affect the desirability of traditional combustion-engine vehicles moving forward.