dps214 said:350z247 said:In reply to Olemiss540 :
Please show me an example of a 997, 991, or 992 GT3 that has lost more than 25% of sticker prior to 2020. No one cares about the 996; that's a sore spot for Porsche. While they are not a long term money maker, they will not bankrupt you like other cars at similar MSRPs. Most will sell them for close to what they paid for it; the biggest problem is most won't want to sell them. Cars this expensive won't take the same hit during a recession as lesser cars. Car values are ridiculous, but rich people don't care. If you can afford one, they're an excellent choice. Honestly, it just sounds like someone is trying to make use of their economics degree.
That one 997.1 he posted above sold for 66% of its msrp (69% if you include the buyer fee). But it had high(ish) miles and two crashes on its carfax report so not really an indicator of the overall market.
I'm not saying there isn't a crash/readjustment of some extent coming to the overall market (I've been used car shopping recently, I think it's actually starting already), just that these cars are going to be close to the least affected thing, not the most affected.
Thanks for checking the links. Also, happy to use my economics degree to help educate the financially illiterate. 992 gt3 came out as a 2021 MY I believe so hard to find any reference data pre-2021.
Oh, and the 996 gt3 may well be the best GT3 ever built.