[Bimmerfun82]

Originally Posted by wtwo3

According to OP.... what qualifies as the "holy grail of cars" is a personal view for the person interested in purchasing one. It may not be to you or me, but if it is to OP then that's all that matters.

Fair. Missed that little nugget in the OG post

[MarineRaider]

No.

I have a 987 Spyder and a 993tt and while I am enjoying this obscene rise in values of both cars they were made to be driven and now the 993 comes out rarely for fear of one of the moronic drivers in OC crashing into me...

Porsches used to be for drivers with a couple of extra bucks, now they have transcended to some sphere of investment and influencer. I hate it....

ADM...F that. Always. These dealers need to be reigned in.

Lastly, if you have to finance, nope.

You mentioned 60k ADM and a 70k down payment, were you planing on going over to the owner and handing him 60k in small bills and having him whisper in your ear?

[coldsteelrain]

Didn’t read your explanation
Saw you can get a GT3
No more needs to be said
Get it

[Pool Shark]

As others have said, the ADM is the huge turn-off (which is why I came to the BMW family). But if your financial situation allows you to purchase this, then enjoy driving it!

[Needsdecaf]

$60k ADM…100% pass.

There is this mystique of GT3 and Porsche GT cars. They are amazing. I have not owned but have owned multiple 911’s, active PCA member, drive 997 and 991 GT3’s, friends with owners of them, etc. You are asking the wrong questions to be a GT3 owner. They are quite compromised cars. Quite hardcore. Have to rev the nuts off the engine to make power, they ride stiff. They are loud. You only get one if you really know what you are getting into

I know that they have this holy grail status among car connoisseurs. It is deserved. But it is a sharp scalpel. How often do you need a scalpel in your life?

Add on the ADM…the market is softening. That $60k is gone forever. The fact that you are asking if it’s worth it tells me $60k is significant in your life. Hey it certainly is in mine but I know people for whom $60k is like $6k to me. Or less. They won’t ever miss it. If that’s not you….pass.

[Bimmerfun82]

Just checked BAT - 992 GT3 prices are indeed falling. $220-$240k for most and PTS and/or nicely optioned as high as $280k.

[omaralt]

i've had a 911 before and planning to jump back so i'm keeping an eye out on them. I've noticed a definite softening in the market; especially GT cars. A dealer not too far from me has a 2022 GT3 touring for sale at $240k

https://www.porschejacksonville.com/...31e7baadea.htm

these cars are not selling like they were a few years ago. But my first thought when you said you got the allocation was hell ya.. but not with that $60k markup. if you're doing this as a potential investment you will very disappointed. if you can get it at msrp, yes. with a markup hard pass

[Needsdecaf]

Originally Posted by omaralt

i've had a 911 before and planning to jump back so i'm keeping an eye out on them. I've noticed a definite softening in the market; especially GT cars. A dealer not too far from me has a 2022 GT3 touring for sale at $240k

https://www.porschejacksonville.com/...31e7baadea.htm

these cars are not selling like they were a few years ago. But my first thought when you said you got the allocation was hell ya.. but not with that $60k markup. if you're doing this as a potential investment you will very disappointed. if you can get it at msrp, yes. with a markup hard pass

Agreed. At MSRP you can scratch the itch, live with the compromises and get out with minimal if any loss. With $60k ADM, you’re immediately $60k in the hole and the experience will always be filtered through that lens.

[loopsandsounds]

Unless 60K is a rounding error for you, hard pass. A 300K GT3 is a no go. Even if you are a “millionaire”, you don’t become a “millionaire” by being foolish with your hard earned dollars. The InstaTokChat fueled YOLO FOMO is ridiculous and should be dismissed. I’ve owned many (and still own) Porsche GT cars and I have not bought the current gen 992 due to the over inflated prices. Enjoy your G8X and wait until the current 992 gen is down once the new hotness hits.

[Needsdecaf]

Originally Posted by loopsandsounds

Unless 60K is a rounding error for you, hard pass. A 300K GT3 is a no go. Even if you are a “millionaire”, you don’t become a “millionaire” by being foolish with your hard earned dollars. The InstaTokChat fueled YOLO FOMO is ridiculous and should be dismissed. I’ve owned many (and still own) Porsche GT cars and I have not bought the current gen 992 due to the over inflated prices. Enjoy your G8X and wait until the current 992 gen is down once the new hotness hits.

I cannot get over 992 prices. They are truly stupid and not worth it. $190k for a Targa? GTFO.

[s58]

Day Laborer posted a configurable gt4rs for 35k adm to his insta story the other day. If you're still set on a gt3 maybe his services would save you a few K. Can't imagine a gt3 is more scarce to get an allocation vs a gt4rs, but maybe I'm wrong. I personally feel the market is softening, even for new porsches. 60k adm is too steep imo.

[Adler11th]

As many here I have a big issues with ADM and loosing up to 20k on your current car. If anything happens, you will be so upside down it’s not even funny, and then have to pay 7-8 interest on that. I’m also worried about the part where poll says “live in it if I have to” - that doesn’t sound good.

I think you created this poll because it doesn’t feel right for you. Trust your gut, you already know the answer.
When it’s good time you will feel it for sure.

Take care.

[jmg]

YOLO if you have the money.

HOWEVER, if you are worried about resale or making some money later, don't. It's not a guarantee, and in the meantime you'll be babying it and not getting enough miles for smiles. Keep the M for a daily, weekend the GT3.

[mathys]

Pass

60k over at 7%? No freaking way

[omaralt]

The other weird thing I’ve noticed is there seems to be an abundance of GT cars these days. I’m also looking at the cayman gts 4.0 there seems to be more GT4 for sale than the gts. Same for the 992. I see quite a few GT3s for sale but less GTS. Maybe they realize they make more selling GT cars so they’re making more? If I had to guess, I can’t imagine GT cars holding their values like they used to

[BryanCO]

Originally Posted by omaralt

i've had a 911 before and planning to jump back so i'm keeping an eye out on them. I've noticed a definite softening in the market; especially GT cars. A dealer not too far from me has a 2022 GT3 touring for sale at $240k

https://www.porschejacksonville.com/...31e7baadea.htm

these cars are not selling like they were a few years ago. But my first thought when you said you got the allocation was hell ya.. but not with that $60k markup. if you're doing this as a potential investment you will very disappointed. if you can get it at msrp, yes. with a markup hard pass

Well, that’s a $162k MSRP car so the ask is close to $80k over…

I’ve already posted my take and agree that this makes no sense for the OP.

Seems as though the demand is stronger than ever but the actual buyers, whom, like the OP, may be on the edge of buying, aren’t pulling the trigger due to the price increases and the cost of financing.

But pretty sure all 992.1 allocations are out and production is getting close to wrapping up. And new GT3s are getting above MSRP. $60k is silly and the MSRP price increases have made these cars even more expensive for regular folks like me. First world problems….

[Needsdecaf]

Originally Posted by BryanCO

Well, that’s a $162k MSRP car so the ask is close to $80k over…

I’ve already posted my take and agree that this makes no sense for the OP.

Seems as though the demand is stronger than ever but the actual buyers, whom, like the OP, may be on the edge of buying, aren’t pulling the trigger due to the price increases and the cost of financing.

But pretty sure all 992.1 allocations are out and production is getting close to wrapping up. And new GT3s are getting above MSRP. $60k is silly and the MSRP price increases have made these cars even more expensive for regular folks like me. First world problems….

Wow. That’s a true unicorn. A true zero option GT3. lol.

[RPM33]

Originally Posted by Needsdecaf

I cannot get over 992 prices. They are truly stupid and not worth it. $190k for a Targa? GTFO.

992 911 prices will be even more crazy once the 992.2 refresh comes out this year. Some are saying at least a 10% uptick in price increases.

[RPM33]

Originally Posted by aremmell

There I was, just minding my own business, when out of the blue I got a call from my Porsche salesman that I bought a GT3 from way back in the 997 days.

He proceeded to tell me that his dealership has received a bonus GT3 allocation, and that it's mine if I want it. I am beside myself–the 992 GT3 is my grail car, and as most of you are aware, getting a GT3 allocation right now is the same as winning the lottery. I am going to need you guys' help to figure out what the hell I am going to do now. I think you are the perfect group of people to consult because you can imagine being in my shoes...

I had seconds to decide. If I said "hmm, I'll have to get back to you", then he would have just moved on to the next guy and the allocation would be gone. I did the only thing I could–I gave him my credit card to put $5K down and secured it.

At this point you may be thinking "yeah, so what? just roll with it," but let me mentally vomit my rambling thoughts out to hopefully help put into perspective why I am freaking out over this situation:

1). I am not entirely sure that the GT car frenzy market still has life left in it. I have seen a whole lot of cars that have less than 2-3 thousand miles and have had 4 owners up for sale at obscene prices and they are not moving. If any of you are into watches, you may have noticed the same thing is happening in the Rolex market–there are dozens of brand new watches for sale at 2-3x MSRP and nobody's buying.

That being said, the dealership wants $60K ADM on this car! That means a $220K car just became a nearly $300K car. Also, if the market softens (or worse, crashes) between now and when I am locked in, then I am instantly under water as soon as they hand me the keys. They outright refused to make an agreement with me to lower the markup if the market went to hell between now and then. Thankfully, I have a few months before my deposit is locked in. It's refundable for now.

2). I am not a millionaire (yet ), and I will have to finance much of it. That means that I am probably going to get somewhere around a 7% loan, which is not what I would call a brilliant financial decision.

However, I have always been in the YOLO school of thought, and think that it makes more sense to enjoy life in the moment instead of always worrying about some future point in time that you may not even live to see...

3). I am happy with the M4 Comp xDrive. It only has 1500 miles on it, and I am guessing I would either have to sell it private party or get slaughtered on a trade in. This could result in a $10-20K loss on the deal in addition to that ridiculous ADM. I cannot afford both cars, nor do I have room in the garage for both of them.

4). The 992 could be one of the last generations of real petrol head purist cars. The salesman told me that both the GTS and the Turbo are going hybrid next year . On the flip side of that coin, Porsche could come out with an even better car in the next couple years and prices may have returned to normal, especially if we have a recession/depression in the near future (which unfortunately I believe is inevitable).

I could keep going and going, but I'm sure it wouldn't be useful and by now you see what's happening inside my head. It's going a trillion miles per hour in every direction.

Just tell me: what would YOU do:

- Buy your grail car that you can technically afford but probably shouldn't buy, keep it for 10 years and hope that Porsches continue their trend of maintaining or even gaining value over time

OR

- Pass on a GT3 allocation and possibly never get the opportunity to build one again in this life–and regret it forever

I think these are the only two options (?)

Thanks for reading, and also thank you in advance for any insights, advice, feedback, etc.

Why not consider the soon to be released M4 CS? Not a GT3 but a lot less money than your GT3 deal.

[secretariat]

Originally Posted by Znomorph4theWin

I say hard pass.

No way would i piss $60k ADM. no way would I pay 7% interest. No way would I pay $5k per month for a car…no matter what it is.

Perhaps I’m just getting older (51), but I’d sooner take several dream vacations with my family and build fantastic/unforgettable memories than spend that kind of money on a car.

My spec’d out ‘23 M3CX is fully paid for and unless I win the lottery, it will represent the pinnacle of my car purchases. Too much living ahead to be restricted financially by a machine.

My 2 cents.

Well Written

[KevinGS]

Originally Posted by somer

GT3's aren't a 300k driving experience. $60k over is just ridiculous.

I love GT3s, and I totally agree. It's simply not a $300k experience.

And no way am I financing a $300k car.

[akkando]

If it's your forever car and you can find a way to afford it then do it. If you don't have a very strong preference for speccing your own 992.1 gt3 you could instead do a future 992.2 gt3 or whatever down the road, or buy a used 992, 991 etc. The way you are talking about the market softening and the ADM makes me think the 992.1 spec'd by you isn't your forever car and you think you would be selling it in 5 years or less.