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Porsche 997.2 GT3 Prices up £10k since 991 GT3 Launch

by | Dec 12, 2013 | Porsche News, Market & Prices

Esteemed friend and colleague, Leonard Stolk from Twinspark Racing, runs a Gen 2 Porsche 997 GT3 as his daily driver. Leonard recently drove its successor at the Amsterdam Porsche dealer and reviewed the Porsche 991 GT3 drive on the Twinspark Racing blog.

Porsche 991 GT3 for sale review test

“I put the PDK in automatic to see how that would work out. At 100 km/h you do not hear the engine. Boring as hell. If clients test drive this car without manual function engaged, pulling 7-8,000 revs, they will never know how this car differs from the standard Carrera. To enjoy the GT3, you need big revs: the payback comes from a sense of what historic Porsches feel like.

“The 991 GT3 feels even stronger than its already excellent predecessor. The sound experience is even closer to the historic racing engines I’m used to, and that sort of sealed my verdict. The PDK set up is brilliant and I can imagine people liking manual shifting, but to me this is just the next evolution of the mighty 911 and the PDK is progress! I was used to the shift system in a few minutes and wouldn’t hesitate for a second to buy the car as-is.”

JZM Porsche 997 GT3 RS for sale (1)

Talking to another 997.2 GT3-owning friend in the UK last night, recent discussions with his official Porsche centre suggest 991 GT3s have not sold in droves. While waiting list spaces are said to be rare, he’s still getting sales calls three months after the 991 GT3 launch. OPC bids for his Gen 2 997 GT3 trade-in have risen ten grand since their first offer.

“The OPC guys say that 997 Gen 2 GT3 values have come up as much as £10k since the 991 launch, but then you know what happens at the dealership: they knock an excellent condition car the cost of a front-end respray, a bit of prep including skimming the discs all round, and then want at least six grand margin for resale. When the cost to change from 997 to 991 is £40k or more, who would get out of a low-mileage Gen 2 997 GT3 that does everything perfectly well?”

JZM Porsche 997 GT3 RS for sale

Just as current owners are staying in their Gen 2 997 GT3s, used buyers who have deferred a Gen 2 997 GT3 purchase, expecting prices to fall with the 991 GT3 launch and who can wait no longer may be the force driving prices upward. Gen 2 997 GT3s retailing at circa half the cost new of a reasonable spec 991 GT3 are reportedly selling well.

UK dealers are having no problem finding buyers for good examples of Gen 2 Porsche 997 GT3 RS: the low-mileage Grey and Red one above with some very nice options recently sold for just over £100k in less than a day. This black Gen 2 997 GT3 Comfort for sale with just 6,700 miles from new is a beautiful car, and seems well priced at £77k including full warranty.

I heard a rumour the other day (via someone I trust to have a clue) that 3,700 991s came into the UK in 2012, but the number imported was less than 1,000 in 2013. No idea how accurate that is – I’ll have a look at the sales figures. All very interesting.


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