08-29-2018, 05:30 PM | #45 | ||
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But because the low depreciation curve on low mileage GT3's, people with GT3's generally opt to daily other cars. My 991.1 has risen in value nicely over the past 6 months as it has sat in my garage waiting for the hot California summer to cool down to get back out to the track. Why? There is a floor on the price thanks to 997 GT3's still trading hands over US $100k and of course the realization of markups on 991.2's making it a $200k car, plus the gift 10 year 120k engine warranty from Porsche. In those same 6 months the value of the i8 has gone down significantly so I'm happy have a BMW lease where I get to just turn it in next year.
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08-30-2018, 04:33 AM | #46 | |
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But to my question above. How do you speak on the phone? How annoying is it to have no backing camera in the city when parking. How much fun is it to replace the wildly expensive rims when you hit potholes. etc etc. Then IF you really DO it anyway. The value of your GT3 rose nicely in your garage. Try looking up the value of gt3's with +30 and +50Kkm.. not so fun. The I8 DID drop wildly. But the thread concerns a fellow forummer, that ALLREADY ate that drop. The question is.. doing 50-60KKm over the next 2 years as a daily in that now lower value i8 or the GT3. I think that 220K GT3 is going to loose atleast 70K in 2 years time with 50K extra on it. The i8 maby 5-30K depending on how hard it keeps downwarding. I'm bored with this discussion. You are entitled to your opinion, and I SALUTE people that run GT3's as daily drivers.. how cool is that, I would get a boner every day listening to that masterpiece fire up. But you rather shamelessly dissed my post by saying everything I wrote was wrong, then added no facts to disproove it. Try to be a bit more constructive to a fellow i8 owner seeking a bit of advice on trading his i8 vs a GT3. |
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08-30-2018, 06:18 PM | #47 | ||
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08-31-2018, 08:24 AM | #48 | |
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As for the i8, its a bit of a one off, so who knows where long term values will be. For me its such a cheap car to own and run, that even with its current poor residuals it makes for a compelling ownership prospect, especially if you keep it for a longer term. I suspect once we get past the end of the higher volume of initial lease cars ending there leases ( sometime next year), that prices will stabilise as the S&D equation starts to favour the seller rather than the buyer. |
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08-31-2018, 11:24 AM | #49 | |
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Last edited by FrequentFlyer; 08-31-2018 at 11:37 AM.. |
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08-31-2018, 12:30 PM | #50 | ||
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There is no chance that a 997 GT3 can be a daily tho unless you are a madman or complete die hard. But a monumental leap in chassis, suspension and steering technology had made the 991 GT3 even more comfortable than the Turbo models. It is almost unbelievable that a 991 GT3 can be so comfortable and relatively quiet particularly in non sport auto mode.
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09-03-2018, 02:30 PM | #51 | |
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991.1 GT3's are depreciating quickly. including RS's there are about 150 on the market right now. Entire market has shifted down $15 to $25K this year. .1s under 10K miles can be found in $120's. .1 RS's under MSRP with less than 10K miles, some in the $170's, below new .2 GT3's in some cases. 997 Mezger engine was best of era. Most would say 991.1 GT3 is 4th place out of 4 comparing .1 GT3/RS, .2 GT3/RS. Engine fires had huge impact on market. if looking at long term appreciation, after 10 years, that issue could affect investment values negatively. Production numbers for 991 GT3s across all years may be 3 or 4x more than the I8. GT3 numbers this era were similar to turbo. High number Turbos depreciate. As has been mentioned, I8 is between 8 series and Z8, so who knows? Production to date numbers Wikipedia: .1 GT3's 12000 + .2? I8 7300 Last edited by Groundhog; 09-03-2018 at 02:38 PM.. |
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09-03-2018, 04:30 PM | #52 | ||
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991.1 GT3s have been going up in value. Just check Rennlist. Why? The engine fire as you mention only affected the 14's from the finger follower issue but who cares now even the 15's and 16's that never had this issue get the 10 year 120,000 mile engine warranty. For a race car motor this is insane but who cares we will take it. This bonus is surely not hurting values. More 991.1 RSs were made than base GT3's...and now that the .2 GT3 is quicker/faster than the .1 RS could be why the RS is being pushed down. 997 GT3's might be going up too and maybe what is propping up 991.1's a bit. Might never know exactly why. Speculation aside lets look at facts so far as we know them. My 2015 $148k msrp 991.1 GT3 with 10,000 miles is hanging in nicely in the $130k-$135 range with it's build spec and my 2016 $148k msrp i8 with 15,000 miles is around $70-$75k. The difference shows the demand for the 991.1 GT3 is still very strong and i8 is extremely weak. Where the values go from here is a guess...nothing more.
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09-04-2018, 10:36 AM | #53 | |
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https://rennlist.com/forums/vehicle-...-for-sale.html https://rennlist.com/forums/vehicle-...300-miles.html https://www.autotrader.com/cars-for-...earchRadius=25 Google .1 GT3 and engine fire, and there is the incurable defect. it's there with long winded explanations, enough to scare some in the market away. At race rpm, the .2 GT3 is not faster than the .1 RS, but in the same way you (and the market as well), think the engine fires don't affect sales, perception is the .2 is faster because of ring times under different circumstances. Power AT SPEED is close to identical, RS has more tire and go fast bits. http://fastestlaps.com/comparisons/juctgf11jikk "no clear winner". The I8 is more volatile, perhaps like the Z8. My point was that the numbers don't bode well for the GT3 on the upside, but could for I8. I'm not suggesting either of these cars are good for investments, but one looks like buy lower, maybe sell higher than the other. And I think that's what zorgzx was trying to say as well... Kan du forstade? if you want to see what the .1 GT3 is really selling for, perhaps check Manheim with someone who has access and report back. It doesn't look like it's moving in an inverse relationship to the rest of the market... even the .2 is coming down now. https://rennlist.com/forums/991-gt3-...l#post15175270 Last edited by Groundhog; 09-04-2018 at 10:49 AM.. |
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09-04-2018, 11:55 AM | #54 | ||||
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No one is going to convince anyone to change their speculative opinions on future value of either car BUT to address one question you had about the phone—the 991.2 GT3 Bluetooth system is great and I have no problem speaking or hearing anyone speak. I have a manual, DD when weather permits, and love it. And I have rim/ tire insurance and backup camera.... |
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09-04-2018, 12:18 PM | #55 | |||||
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09-04-2018, 12:34 PM | #56 | ||
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2015's and 2016's with lower mileage and spec'd by enthusiasts have a much higher transaction point.
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09-04-2018, 01:05 PM | #57 | ||||||
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09-04-2018, 01:15 PM | #58 | |||||||
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The i8 is a cool car nothing I'm saying here is bashing it. But as the OP indicated about his trade in issues, just shows that the ACTUAL resale/ depreciation has been abysmal. $150k msrp to $75k market value for 7,500 miles per year in two years is almost unbelievable.
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09-04-2018, 01:35 PM | #59 |
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i8 depreciation has been in line with other expensive BMWs and big luxury cars. In other words, it's been poor. Especially in UK.
Less so in Eurozone. I have no idea about USA, but it sounds like it's poor there too. |
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09-04-2018, 02:38 PM | #60 |
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It’s still not as bad as the drop in value of an X5M.
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09-04-2018, 06:48 PM | #61 | ||||||||
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