For those in the know... how hard to get on the waiting list

The return of Marty Wild · 25 Jun 2019

I got talking to a mate about the modern era of forced scarcity and GT flipping.

How hard is it for John Doe to get on the list for say the 992 GT3 when it's released? Is it like the Ferrari world where you need a personal history with OPCs and big purchases?

Furthermore, what's the average mark up that the lucky people that get on the list normally whack on when they flip it should they not be true enthusiasts?

Alex · 25 Jun 2019

Doubt you'll get to flip more than once. The way it works is you start at the bottom, then work your way up, but the key is to always sell back to Porsche and let them flip it and make the money. Upside for you is it means you have a free car everytime as they usually give you on the trade what you paid for it the year before.

The return of Marty Wild · 25 Jun 2019

That's interesting, so in short, if you don't have the relationship you're never laying your hands on a brand new GT variant?

How much do the cars usually end up on the secondhand market for over the list price?

Cheers, Alex.

James M-S · 25 Jun 2019

Massively depends on the car.

991 911R was list price £136K, they were immediately changing hands at £500k, now available approved used from OPC £350k (there was one in Nottingham a few weeks ago

uh: )

NLW73 · 26 Jun 2019

Sub 300k now for 911r so some folks have been burned. Good and bad luck for greed

The return of Marty Wild · 26 Jun 2019

What about on the more 'common' GT3s, how much mark up do they see once moved on from the original owner.

Crazy state of affairs, especially as Porsche maintained over the last 2-3 years that they were taking steps to stop the issue.

apollokre1d · 26 Jun 2019

I think what Alex said is correct, I was listening to a podcast where I think it was the owners of Topaz said they wanted to get on "The List" to get GT cars.
So, they went and bought a few of Macan's and Cayenne's through Porsche and I think they used Porsche finance to make them favourable which did work, but said it would have been cheaper in the end to just pay over list price for GT cars they wanted.
Perhaps long term it works out if you can make a sufficient profit on the GT cars you sell :?:

991.2GTS · 26 Jun 2019

apollokre1d said:
I think what Alex said is correct, I was listening to a podcast where I think it was the owners of Topaz said they wanted to get on "The List" to get GT cars.
So, they went and bought a few of Macan's and Cayenne's through Porsche and I think they used Porsche finance to make them favourable which did work, but said it would have been cheaper in the end to just pay over list price for GT cars they wanted.
Perhaps long term it works out if you can make a sufficient profit on the GT cars you sell :?:

Once you become one of the 'chosen ones' though, you probably get allocations for whatever GT cars you want. And keep buying those GT cars and access to the limited number stuff like the 911R or Speedster, will undoubtedly follow. It's a numbers game, as long as you are buying lots of cars, all on finance, you probably have a chance.

Porsche have floated the idea of a subscription only model for GT cars. Which would certainly stop the speculators, and only appeal to those who really wanted to drive them.

But I suspect Porsche are secretly happy with the attention and how it makes the marque even more exclusive in some sense. Especially the limited run cars, the speculation on their GT cars really fuels the ridiculous prices for the exotic stuff, and I don't see any downsides for Porsche. In fact, like the Speedster, it's actually encouraged them to price their cars more inline with what the market seems to suggest they are worth. This may well trickle down through the brand, and even more profits follow.

911TEL · 26 Jun 2019

991.2GTS said:
apollokre1d said:

I think what Alex said is correct, I was listening to a podcast where I think it was the owners of Topaz said they wanted to get on "The List" to get GT cars.
So, they went and bought a few of Macan's and Cayenne's through Porsche and I think they used Porsche finance to make them favourable which did work, but said it would have been cheaper in the end to just pay over list price for GT cars they wanted.
Perhaps long term it works out if you can make a sufficient profit on the GT cars you sell :?:

Click to expand...

Once you become one of the 'chosen ones' though, you probably get allocations for whatever GT cars you want. And keep buying those GT cars and access to the limited number stuff like the 911R or Speedster, will undoubtedly follow. It's a numbers game, as long as you are buying lots of cars, all on finance, you probably have a chance.

Porsche have floated the idea of a subscription only model for GT cars. Which would certainly stop the speculators, and only appeal to those who really wanted to drive them.

But I suspect Porsche are secretly happy with the attention and how it makes the marque even more exclusive in some sense. Especially the limited run cars, the speculation on their GT cars really fuels the ridiculous prices for the exotic stuff, and I don't see any downsides for Porsche. In fact, like the Speedster, it's actually encouraged them to price their cars more inline with what the market seems to suggest they are worth. This may well trickle down through the brand, and even more profits follow.

Or........

You are a 'V Blogger' / Youtube/ Faecesbk /Instagrumbler.........

Then you can jump the queue and flip to your hearts content ......

ðŸ¤”

vroomvroom · 27 Jun 2019

The premium on a GT3 was about £50k month one, then dropped back to about £25k and has been this level for a year. (GT tourings still at +£50k)

4 year old GT3s have only just dropped below their original list price.

I know someone that has had a dozen plus GT cars, never made much money on the, (puts liars of miles on them, including track), generally he has to give them back to the OPC to sell on. As an example to get a speedster slot, he is selling his R back at list (that's the best part of £180k behind current mkt value), however the speedster will command £200k over list.

If you want the latest GT cars, either pay the used premium (it's cheaper and more dignified than playing the dealer principle game), or wait a few years, it won't be long before we go back to the old days when they had to incentive customers to buy the GT cars.

Cheib · 3 Jul 2019

Don't think I'd trade an R for a Speedster....who knows when they will next make an R...and there are a lot less made. Never driven one but those that have say the R is a special car.

I was luckily enough to get a 991.2 GT3 allocation but I desperately wanted that car because it was manual....have no interest in a GT4/Spyder. I think the fact that I was very specific about wanting that car helped me....

For those in the know... how hard to get on the waiting list

The return of Marty Wild

Paul Ricard

Alex

Nordschleife

The return of Marty Wild

Paul Ricard

James M-S

Barcelona

NLW73

Albert Park

The return of Marty Wild

Paul Ricard

apollokre1d

Paul Ricard

991.2GTS

Imola

911TEL

Albert Park

vroomvroom

Montreal

Cheib

Spa-Francorchamps

Similar threads

Latest posts

New Threads

Porsche Model Range

Porsche 911

Porsche Hypercars

Other Current Porsche Model

Porsche Legacy Models

Forum statistics